We’re car people. From the accents and contours of a vehicle, to the drive and adrenaline of a fast car, we have a certain appreciation for the automotive machine. As our passion, we’re great at finding a perfect fit for our customers. When it comes to auto insurance, you want to be covered in the case you get into a fender bender. So, in an effort to ease the burden, we’re providing 5 tips for finding the right coverage at the right price. By doing some comparison shopping, you could save hundreds a year.
Find the Right Coverage
Your first step should be to find a list of what is required in the state. You can visit this link to find out: http://www.edmunds.com/auto-insurance/how-much-car-insurance-do-you-need.html this will provide the minimum of what is required. Once you have that, you should decide what insurance premium you need. Your decision depends on your degree of comfort and a certain level of risk. According to Edmunds:
“Experts recommend that if you have a lot of assets, you should get enough liability coverage to protect them. Let's say you have $50,000 of bodily injury liability coverage but $100,000 in personal assets. If you're at fault in an accident, attorneys for the other party could go after you for the $50,000 in medical bills that aren't covered by your policy.”
Also, you don’t have to buy collision and comprehensive damage, especially if your vehicle is older than 2000.
Check Your Driving Record
How many tickets have you had recently? By checking your state’s department of motor vehicles, you can have a better idea of how you stack up. For example, if points you earned on your license are about to disappear, this will improve your driving record. So, we would recommend you wait until that happens before you receive quotes.
Solicit Competitive Quotes
You will need:
o Current Policy
o License Number
o Vehicle Registration
Check out insurance company websites and receive a quote. It’s easy to type in your information and build a list of companies for comparative quotes. Each quote takes about 15 minutes to complete, but shopping around can save you hundreds. Think about the annual and monthly rates for different types of coverage, note the 800 number so you can get more direct answers, and pay close attention to the insurance company payment policy.
These are just a few tips to get you started. For more info visit your favorite insurance company website for details.