|
| Q: |
When purchasing automobile insurance what should I consider? |
| A: |
There are several things you should consider when purchasing automobile insurance that your independent agent will help you with. Here are a few:
- Purchase the amount of liability coverage which makes sense for you.
- Select the optional coverages you want.
- Decide which company to purchase insurance from.
- Don't base your decision solely on price. Other factors like service and claim response are extremely important in selecting the right insurance.
|
|
| Q: |
Does my insurance policy cover a friend if I loan him/her my car |
| A: |
Some personal auto insurance policies reduce coverage when an unlisted driver operates the vehicle. Refer to your policy or ask your independent agent for clarification. |
|
| Q: |
What is collision physical damage coverage? |
| A: |
Collision provides coverage for the loss you incur to your automobile when it collides with another vehicle or object like a telephone pole. |
|
| Q: |
What is comprehensive physical damage coverage? |
| A: |
Comprehensive provides coverage for damage sustained by your car for occurrences such as theft, vandalism or broken glass. |
|
| Q: |
How can I lower my automobile insurance rates? |
| A: |
There are several things you can do to lower the cost of your automobile insurance.
- One way is to look for competitive pricing. An independent agent works with many companies and can provide you comparative rates and insure that your are getting the same coverage.
- Another way to lower the cost is to change your deductible. By raising your deductible you may lower the cost of your automobile insurance almost 10% You must be able to pay the deductible amount in case of a claim. You can also look for discounts that you may be entitled to. Some examples of discounts that may be available are: multiple cars under the same policy, carrying a homeowners policy with the same insurance company, different groups or associations. Also, higher deductibles prevent the reporting of smaller losses. Insurance companies review your loss history when determining rates.
- Obey the driving laws and drive with caution. People who have no tickets or accidents on their driving records are eligible for lower rates than someone who does.
|
