When shopping for an auto insurance policy, asking the right questions will save you money and help you find the policy you need. A car insurance agent may not know which terms and conditions of your policy you would like to discuss in detail. For this reason, you should ask your insurance agent the following question, so you are clear about your policy.
Do I Have The Coverage I Need?
The coverage you need will vary depending on your state. Many states require drivers to have liability insurance. This policy caters to the cost of accident-related injury, property damage, vehicle damage, death, and legal fees.
If you have met the minimum requirements, ask your car insurance agent to recommend additional coverage best suited for your needs. These include comprehensive, collision, uninsured and underinsured motorist protection. Ask the insurance agent to explain how these policies will affect your out-of-pocket expenses and premiums after an accident.
What Happens If I Cause An Accident?
In thirty-eight states, auto-insurance laws operate under the tort system. This means you and your insurance company are liable if you cause an accident. You need to ask your insurance agent to tell you how much you will pay if you cause an accident.
When you buy auto insurance, you are required to choose the amount of coverage. This will determine your monthly or annual payments. If you have more coverage, you will pay less deductible if you cause personal injury or property damage in a car accident. Opting for the minimum amount of coverage means you will pay more out of your pocket in the event of an accident.
What Discounts Do I Qualify For?
Many insurers offer discounts if you bundle all your policies under their company. However, there are other discounts you may be eligible for that would increase your savings on insurance. Examples of car insurance discounts include safe driver, good student, and anti-theft.
One may be eligible for the safe driver discount if they have taken a defensive driving course. These classes train you on how to navigate traffic and weather conditions to avoid accidents. The good student discount applies to students who get good grades.
Lastly, you qualify for an anti-theft discount if you have installed an alarm or some anti-theft device in your vehicle. Ask your car insurance agent what discounts they offer and what you need to be eligible for.
Car insurance is important because it secures you, your passenger, your car, and other drivers in case of an accident. However, finding the right coverage can be a daunting task, especially if it is your first time shopping for insurance. For the best offers, make sure you research extensively about different insurance coverage options, compare quotes from different insurance companies, and ask insurance agents the right questions.