What You Need to Know About Auto Insurance
What You Need to Know About Auto Insurance
Whether you just got your driver’s license, are in the market for a new car, or have been driving for years, car insurance is necessary for all drivers. Before you hit the road, make sure you and your vehicle are protected with the right auto insurance for your family and your budget. It can be tricky and confusing to sort through all the ins and outs of auto insurance policies. Here are a few things you should know about auto insurance.
Auto insurance protects you against the costs of getting into a vehicle accident. These costs might include damage to your vehicle or someone else’s, legal expenses, or medical bills. Except for two (New Hampshire and Virginia), every state requires car insurance by law.
At a minimum, you should have liability coverage, which will pay costs for an accident for which you are found legally at fault. Your liability insurance coverage will include coverage for bodily injury and property damage. Bodily injury coverage allows for expenses related to the injury or death of others. Property damage insurance covers costs for repairing other people’s property.
You or your lender will likely want to have more coverage than just the liability coverage, especially if you are financing your vehicle. Turn to a trusted professional to help you learn about uninsured motorist coverage, personal injury protection, collision coverage, and comprehensive coverage.
The cost of your insurance is based on how much an underwriter, who looks at your individual situation, believes the insurance company might have to pay, depending on your risk factors. There are many factors that auto insurance companies look at when determining your rates. When deciding what your insurance rates are, the underwriters will look at your driving record, insurance history, age, and credit history. So shop around to save money on auto insurance.
If you are shopping for a lower upfront cost, consider asking for a higher deductible. You might get a lower premium if you agree to pay a higher portion of your damages through a higher deductible. Just be sure you can afford the higher deductible should you have to make a claim.
Finally, many insurance companies offer discounts for drivers who have safe driving records, specific safety features on their primary car, good students, and even for electronic payments or paying the whole year in advance. Be sure to ask about auto insurance discounts when shopping for car insurance.
As your local Allstate Agent, Eric Kyer can offer customers options for various coverages and services. You can depend on Eric’s commitment to helping Dalton residents assess their immediate and long-term needs and choose options to help them achieve their goals.
When you want to explore options for protecting your home, personal property, or financial future, Eric is available to answer your questions. If you’re already a customer, let Eric review your coverage so that you can make any necessary adjustments to fit your changing needs. Call Eric Kyer today at 706.226.5240, request a quote online, or send an email.
Sources
https://agents.allstate.com/eric-kyer-dalton-ga.html?intcid=/home/home.aspx%7CAgentsNearYou%7Cwebsite&_ga=2.242624897.240299654.1564598540-247814431.1564083207
https://www.usnews.com/insurance/auto/everything-you-should-know-about-car-insurance
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