THE BASICS OF SHOPPING FOR CAR INSURANCE, IN LAYMAN’S TERMINOLOGY.
We have all been through the tedious, search for an insurance company that fits our needs. The two primary benefits of car insurance is to protect not only your assets, but your health. First, be very careful to choose the proper amount of coverage for yourself. Most people are familiar with the basic coverages such as,
1. Liability-Covers third-party injuries, personal property, and even death claims. Required in almost all fifty states.
2. Collision-Covers repairs on your vehicle after an accident. Required on cars with a loan, because the banks don’t want a banged up car.
3. Comprehensive-Covers theft, vandalism, fire, etc. But if your ride is worth less than $5000, it’s usually not available.
Many of the companies out there vary depending on your age, gender, living demographics, driving history, moving violations, and even the options on your car. For instance, if you have a Theft Deterrent Device on your car you will pay less insurance. Remember when searching for those discounts to keep in mind that not all companies are equally reliable when it comes to handling claims.
Easy, interactive websites create a stress-free comparison shopping experience. However don’t hesitate to speak directly to an agent if you are still unclear about policies. It’s always better to be safe then sorry. Finally, understand your policy before you sign on that dotted line.