FACT: After you have an accident is not the time to find out if you have enough car insurance coverage.
Most of us don’t spend a lot of time pondering whether or not we carry enough car insurance coverage. When you originally purchased your current policy, whether online or through an agent, you probably just made the assumption that your previous coverages were enough and rolled them into your current policy. With the popularity of buying car insurance online, the danger of carrying too little car insurance coverage is becoming more of a reality for many consumers.
Buying car insurance without a complete question and answer session with a license agent, or at the very least with a company representative over the phone, is like playing Russian roulette with your financial future. Read the rest of this entry
Comparing car insurance quotes is a great way to see if your current car insurance rates are inline with other company’s rates. Car insurance policy terms are usually 6 months, so it’s a good idea to comparison shop your rates every two renewals, or once a year.
Making a fair comparison between different rate quotes can be tricky, and some companies may attempt to lower coverages to make their insurance quote appear more affordable. The rate may be lower, but in reality you may be giving up important coverages such as uninsured/underinsured motorist coverage or liability protection.
When it’s time to shop your auto insurance around, it’s crucially important that each quote you receive uses similar deductibles and coverage limits as your current policy. That’s not to say your current coverages are adequate, but in order to fairly compare rates, you need an apples-to-apples comparison between carriers. Read the rest of this entry
Buying car insurance online has transformed the way auto insurance is advertised, sold and delivered. Your only option used to be calling or stopping by your local insurance agent’s office. Advertising was much more location-focused with large companies attempting to push the consumer to their local representative.
Nowadays, advertising efforts are directed at getting the consumer onto a website or calling an 800 number and buying insurance direct from the company. Buying car insurance online is as simple as browsing to any number of online auto insurance websites, but is it for you? Are you comfortable enough with what you know about car insurance to make your own decisions about deductibles and liability limits? Read the rest of this entry
The internet has made buying car insurance online pretty straight forward and easy. But what about those situations when you aren’t sure what coverages you need?
If you’ve ever read your auto insurance policy, you know there is a lot of legal mumbo jumbo and it’s just not very much fun to read. Even experience insurance agents will tell you they don’t particularly like having to dig into the policy language to decipher coverages. If they’re smart, they won’t even attempt to, as one of the biggest mistakes agents can make is misinterpreting a policy and telling an insured they have coverage when, in fact, they don’t. Read the rest of this entry
