Many of us let premium price guide our decisions when it comes to choosing a car insurance policy. But, cutting corners on cost could leave you under-insured and over-exposed to road risks.
Thankfully when you have the right details, it’s easy to strike a balance between affordability and sufficient coverage. Remember: it is a valuable tool for the insurance agent.
Asking these three essential questions will help you get the protection you need at a price you feel is right for you before you purchase a car policy. Read on to learn about 3 things you should ask your auto insurance agent.
How Much Coverage Should I Purchase?
If it comes to having the right amount of coverage to match your needs, a car insurance provider is a fantastic tool. That state has its own set of standards for auto insurance, and most, like Florida, are mandating auto liability insurance cover.
Many auto coverage options to negotiate with your agent, include comprehensive coverage, which covers harm due to non-accidents, such as vandalism and robbery. Also, if an uninsured or underinsured motorist injures you, it includes damages to your vehicle, and collision liability.
This essentially means that no matter who was at fault, it includes damages to the car. It’s a good idea to stay up to date on the worth of your vehicle and check-in with your agent regularly to reassess your coverage needs.
At a minimum, most states provide liability insurance, which covers the expenses of injuries, death, damage to the car, property damage, and legal fees related to the accident.
Always Ask to Clarify
Ask the insurance agent to clarify and recommend additional coverage choices that are better tailored to the particular needs after the minimum requirements are met.
Which usually involves motorist safety against accident, extensive, uninsured, and underinsurance. Your rep will also clarify how each would impact your after-accident fee and “out-of-pocket” expenses.
What’s Covered If There’s an Accident or Damage to My Car?
Liability insurance usually covers damage to the car of another person or to the property of someone else if you cause an accident, which is the minimum coverage provided in most states.
You will require crash coverage for accident-related damage and extensive coverage for non-accident accidents, such as robbery, vandalism, hitting an object or storm damage, to cover repair and replacement of your own vehicle.
Ask your auto insurance agent whether special coverage, such as roadside assistance and rental refund is correct for you.
Some important policy to address with your agent is uninsured or underinsured motorist insurance, which will help pay for accidents and medical costs if you are struck by a driver who does not have insurance or insufficient cover.
Who and What Is Covered Under My Policy?
Assuming one car means one policy is easy, after all, the math adds up. Just as the auto insurance provider will tell you, you’ll need additional coverage when it comes to sharing the vehicle with family members.
Just how much your agent will find out for you, and what kind. Factors, like a first-time driver will raise your premiums. It is a top priority to protect drivers, passengers, and pedestrians who are hurt-or worse-in an accident.
That’s why personal injury liability insurance is the most valuable auto coverage a driver may receive, covering costs related to injuries such as ambulance and medical bills, missed wages, rehabilitation, and legal fees.
Although insurance on liability for bodily injury is a requirement in most states, the minimum standard of coverage does not provide sufficient protection.
Make sure to learn the tiniest details. Taking the time to ask these questions, and the answers you receive will help you solve the pitfall of paying too much for auto insurance.