10 Tips for Finding the Right Car Insurance Policy in the 21st Century

Monday, April 23, 2018, 6:00 PM | Leave Comment

Having a car today is not a luxury but a necessity. Not many realize that choosing the right car comes hand in hand with choosing the right insurance. Any damage on your car has serious consequences on your finances, especially if the vehicle is not adequately insured.

That’s why it is important to get the right level of coverage. But how do you find the right insurance policy that will be able to give maximum value for your money?

Finding the right insurance

  1. Carry out an annual rate check – Comparing rates from different companies allows you to see who is charging more than required and helps you get the best deal. Many insurance agencies like Patriot Insurance agencies offer guides to available services as well as personalized quotes that you can get from various agencies to compare them.

  2. Pick a top-rated insurer – Pick companies that are reviewed as top companies when it comes to dealing with claims, payments, and non-claim problems.

  3. Maintain a good credit record – Be regular in checking your credit score because a low score can poorly impact your premiums.

  4. Set the right deductible amount – A higher deductible amount reduces your premium although you have to pay more from your pocket in case of an accident. If you have been a good driver and have not encountered any accident, then it’s your fault because you lose on the premiums.

  5. Always review your coverage – Check your coverage to make sure that you have enough liability for both body and property damage in case of an accident. With time, you will notice that costs and risk increases and so should your coverage. Remember, minimal coverage gives you minimal protection.

  6. Report reduced mileage – If maybe you have changed jobs and are now working at home or have retired, call your insurer and let them know. Driving less may qualify you for a lower premium!

  7. Check for crash repairs – Check your insurance company to see where they send their customers for repairs. This is vital as the repair shop may push you to use cheaper replacement parts instead of the original equipment from the manufacturer. Insist on meeting federal safety standards when it comes to repairs.

  8. Choose the right car – The vehicle model you choose can affect how much you pay in insurance premiums. The car you choose should be one that does not hurt the rest of your budget because of the premiums you need to pay. Be wise; buy that which you can afford!

  9. Beware of scams – Always follow good driving practices to avoid getting into a crash and having to be ripped off by other drivers who may want to take advantage of you. If involved in a crash, take a photo immediately and call the police as soon as possible.

  10. Take advantage of discounts – Lower-risk drivers always get a discount. Find out if there are any discounts offered by your insurance company and take advantage of them.

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