Few things are more important than having the right insurance coverage. About ten years ago, I was involved in a near-fatal crash where I experienced traumatic physical and emotional injuries. It was really challenging for me to endure the hospital stay and subsequent physical rehabilitation, but with the help of my medical team and my insurance company, I was able to overcome the challenge and completely recover. This blog is all about the importance of choosing the right insurance plan so that you can get on with your life and enjoy those precious years with your family and your friends.
If you are a new driver, you might not have ever had to worry about auto insurance before. Most states do require that you have auto insurance, so it is important that you get it as soon as possible. Ideally, you would have insurance before you even drive your car, as an accident could occur at any time. Here are some things to know about auto insurance before you start shopping around for the right policy.
You May Be Able to Afford Full Coverage
Full coverage auto insurance not only includes the basic liability coverage everyone needs to have, but it also has extra coverage if you are in an accident. For example, full coverage often helps to cover personal injuries if you are involved in a collision, will replace your vehicle if you get into a bad accident, and might even include roadside assistance and theft coverage. As you can see, there are a lot of reasons to get it. Many insurance companies also provide discounts for their full coverage policies, so inquire about the cost difference between full coverage and liability before you rule it out completely.
There Are a Lot of Things to Factor into Your Premium
Shopping around for auto insurance is important not just because you want to trust the company you go with, but also because so many things can affect your premium. Even just the insurance company you go with could change what your expected premium is. Also, keep in mind that things like your age, driving experience, past accidents, credit score, and many other things can affect how much your auto insurance is going to cost.
Lapsed Auto Insurance Creates Higher Penalties
If you are having difficulty paying your auto insurance one month, call the insurance company and ask for an extension. The reason for this is because if you don't pay it for too long, they could cancel your policy, which causes it to lapse. Lapsed policies often require a higher premium and more fees to pay when you end up signing up for it again. This can even occur if you switch insurance companies and they find out you were driving with a lapsed policy. If you want to switch to a new auto insurance carrier, cancel the policy instead of just letting it lapse.
If you are having difficulty finding the right policy, speak to an insurance agent like those at Graber Insurance. They will help you understand more about each policy, including full coverage and optional add-ons, until you have the insurance policy that is perfect for you.Share
20 January 2017