What to Consider When Buying Auto Insurance

Auto insurance marketing spends a lot of time focusing on money. Everyone wants to tell you about their low rates and how much money they can save you. This can be misleading for consumers. There is far more to car insurance than a low price, after all, and this is one area where you definitely get what you pay for.

 

If you are in the market for a new auto insurance policy, you have a few different things to consider. You need to make sure that in addition to having an affordable policy, you have adequate coverage. Plus, you should always choose a reputable insurance provider who will be there when you need them. Here are the top three considerations and tips for finding the best insurance policy.

1. Coverage and Deductibles

It doesn’t matter how low your monthly premium is if you don’t have the right insurance coverage in the first place. Always compare the types and amounts of coverage on auto quotes so that you get the protection that you need. Consider spending a little extra for things like uninsured motorist coverage and rental car reimbursement, which typically only add a few dollars to your monthly bill.

 

Also, make sure that your deductibles aren’t set too high. You might think you’re getting a steal only paying $100 a month for auto insurance, but your deductible could be as high as $1000. That’s money that you have to come up with, out of your own pocket, before the insurance company will pay any claims. It only costs an extra $10-$20 a month to lower your deductibles to a more reasonable amount.

2. Claims Service and Satisfaction

Everyone talks about finding a reputable insurance company, but what does that even mean? Their front-end customer service could be great, and that is important. However, where you really need to focus is on is the claims department. Before you agree to an insurance policy, check out the provider’s track record with claims. After an accident, the last thing that you need is a customer service nightmare. If you plan ahead and choose a company with a reliable claims department, you won’t have to worry about this.

3. Use an Agent

The best way to guarantee success with an auto insurance policy purchase is to work with an independent car insurance agent. They can get quotes from multiple companies and compare them to help you find the best deals. This way, you can trust that you get the coverage that you need without having to become an insurance expert yourself.

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