Tips to Save on Auto Insurance

Posted by admin on Monday Nov 16, 2015 Under Insurance Tips

Car insurance laws vary from state to state, but all states include some type of car insurance coverage requirement. That means almost every driver is looking to save a little money on their auto insurance. If your vehicle is damaged or you’re in an accident, car insurance can protect you, your family, and your vehicle.

Glass 1

Understanding exactly what type of insurance is required and value shopping for that insurance goes a long way. Looking for discounts in the long term is a good option as many competitive insurance companies offer different discounts and rewards. Discounts are often available for non-smokers, college graduates and drivers with good credit ratings. Companies can also offer discounts for certain age groups, not having accidents or maintaining proper speed as checked by an in-car sensor.

The key to getting the most value out of insurance is knowing what’s required by both the state and the driver. Bodily Injury is the minimal requirement in many states, but drivers might do better with a slightly enhanced policy or comprehensive coverage. This depends largely on the risk of other vehicles in a location and a number of other factors. Once a driver knows the policy they need, shopping around both the big name insurance companies as well as smaller local firms is advised. It doesn’t hurt to actively compare rates and see if discounts are available.

 

Bodily Injury Liability: Provides coverage in case you cause an accident in which another person or people are hurt. It covers the damages that you’re legally responsible for and provides a legal defense if someone sues you for damages.

Comprehensive Coverage: Protects you against vehicle damage not caused by a collision, such as theft, vandalism, natural disasters, falling objects, and more. Most insurance companies will cover the cost of auto glass repair and replacement if you have comprehensive coverage.

For incidents that require auto glass repair and replacement services, insurance companies will more readily choose shops on an approved list or that offer a preferred rate to insured drivers. Most reputable auto glass shops preform both minor and major repair work for insurance companies and help insured drivers work with their insurance company to file a claim.

Glass 2

In states such as Kentucky, Florida, Arizona, Massachusetts, New York and South Carolina, no-deductible policies are available either as part of your insurance policy or as an add-on which could reduce the cost of your auto glass replacement or even make it free to you. For more information on these Zero-Deductible States, see our Florida shop pages for Pensacola and Jacksonville and our Arizona shop pages for Mesa and Phoenix.

Drivers can look for several ways to save on auto insurance. Shopping for the lowest rate helps upfront costs. Earned discounts and savings can help with the long term costs of insurance. Dealing with reputable auto glass shops that work with insurance companies can save you both time and money.

Tags : , , , , , , , , , , , , | add comments

Insurance Tip: Premium Vs Deductible.

Posted by Joshua on Monday Jan 21, 2013 Under Insurance Tips

The two biggest costs associated with auto insurance are the premium and deductible. The premium is the total yearly cost of the insurance, usually paid monthly, yearly or quarterly. The deductible is the cost paid when calling the insurance to make a payment in the case of an auto accident. Typically the relationship between an auto insurance premium and deductible are inverse, or opposite one another. When premiums are low, deductibles are high, and the opposite is also true. It’s important to get the right deductible, and the right premium, for the insurance policy that best suits you.

For drivers who don’t drive often, avoid accidents and don’t have regular auto glass or auto body damage due to weather. A low premium, high deductible, plan is often the best idea. This allows drivers to save on the overall payments over the course of the year, assuming they won’t get into any accidents. This type of plan can be risky for anyone living on a fixed budget. Even thought he insurance will usually cover major damage, a high deductible can range anywhere from $500-$1500 or more dollars.

For drivers in who must be on the road regularly, drivers who deal with major weather damage or drive through more dangerous or high traffic areas, a low deductible plan is usually the better choice. A low deductible means a driver pays little in an emergency that calls for insurance, but generally a higher premium. High monthly payments aren’t ideal for anyone but fit many budgets better than a major deductible in the case of an emergency.

Drivers who can find a decent balance of premium and deductible that fits their budget and needs are getting the most of their insurance. A wide range of deductible and premium options are available. Many insurance companies offer special rates on both options.

Tags : , , | add comments

Insurance Tips: Deductible Options.

Posted by Joshua on Sunday Dec 23, 2012 Under Insurance Tips

When dealing with car insurance policies, the deductible can be a headache for many drivers. It’s really not that hard to decide if a driver is armed with the proper knowledge. High deductible, low deductible and median deductible plans all have merits that can save drivers money in the long run. Many insurance services also offer a lowered deductible for good drivers, or other deductible based rewards.

High deductible plans are typically fairly low cost month to month. It’s why many drivers prefer them. While the out-of-pocket cost can be significant in a wreck or other incident that requires insurance, the low monthly fees are important to a wide range of drivers. Careful drivers and drivers looking to save on overall plan costs can often choose a high deductible plan.

Mid range deductible plans keep the deductible in the median range. They tend to offer an average cost both out-of-pocket and in the regular payments. Mid range plans are good for drivers who can afford a little more monthly and a little less out of pocket in case of an emergency.

Low deductible plans tend to cost quite a bit month to month, but in the event of an accident tend to have little to no out of pocket cost for the driver. These plans are appealing to parents of younger drivers, drivers who may not always be the most careful or drivers with the monthly funds to not worry worry about the overall costs.

In addition to these, many insurance services now offer incentives based on driving. A lowered deductible cost in an accident if you’ve driven for a year without one, for example. Some insurance companies even offer lowered prices on the insurance as a whole. Combining the best deductible with this kind of savings is ideal for many drivers.

Tags : | add comments