Hey Dear Friends, let’s talk about car insurance… so before I did all of this research, Car insurance was the big mysterious confusing thing to me.
I couldn’t really understand it, didn’t know what kind of insurance I needed to get? so, I decided to write this post so that I can tell you the three things that you should ask yourself when you’re shopping for new car insurance.
Three Questions to Ask for Car Insurance
Let’s get into it, the first question you need to ask –
1) How much driving do I do?
Basically how often are you using your car? do you have a long commute every single day? are you picking up kids at various school activities and sports and recreational activities every day? are you having to make weekly trips 300 miles north of where you live?
Think about how often you’re using your car… an easy way to actually get an exact measurement is just by tracking the mileage on your car, for one month if you determine that you don’t drive a lot, a mileage based policy may actually be best for you, so this policy will cost less if you do less driving.
Make sure you report the accurate mileage so that your policy doesn’t get denied.
The next question you need to ask yourself –
2) What kind of coverage do I need?
Every state has a bare minimum for the amount of coverage you need to purchase for your car. For the most part this sum is applied to auto liability insurance.
This covers property and vehicle damage legal fees and accident related injury, so this bare minimum may be all you need, but if you feel like you need a little bit of extra protection let me tell you about some of the other options that are available to you.
Personal injury protection – This cover is your personal Spence’s. If you were to get hurt in an accident as well as your passengers, it will cover lost wages and medical bills but that’s only if you’re hit by another party collision, so no matter if it was your fault or not. If your vehicle gets damaged in an accident, this insurance will help you pay for it.
Uninsured and Underinsured motorist protection – So the cost of your car repairs will be covered even if the person who hit you, doesn’t have insurance or is underinsured comprehensive. This covers damages to your vehicles from things that are not necessarily other vehicle accidents, like fires and natural disasters.
Now the third question you need to ask yourself –
3) What is my risk assessment and discount possibilities?
Your insurance rate is affected by different factors that sort of evaluate your risk. People with a higher risk assessment will have higher insurance costs. Your credit rating, criminal history, age, where you park your car, all of these things can increase your risk.
Always always always ask about the discounts that you may be able to apply to your insurance coverage.
There are things, like student discounts, safe driver assessments, having continuous insurance, a multi car or multi policy coverage or having an eco-friendly vehicle, all of these things can reduce your risk assessment.
Thereby reducing how much you’re paying for insurance every month…
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All right everybody, I hope that helped clear up some of the confusing crazy world of auto insurance. Let me know, if these questions helped you at all and if you want some more tips on how to save money on insurance. Make sure you had to save money… Please Bookmark this site (AsliPaisa.com).