Archive for car insurance

Strategy Tips for Insurance, Whether It Is for Your Home, Car, or Something Else

If you are like many people, you view insurance as a necessary evil. Evil because it often seems as if insurance companies are all about ripping people off. Necessary because if your house burned down or your car was totaled, you could be in a world of financial trouble. So, it is fair to say that the peace of mind insurance is supposed to provide does not necessarily mean peace of mind if you worry about a claim not being covered. That’s why it is important to approach insurance strategically.

Prioritize Needs and Wants

What are your needs and your wants? What does your budget look like? One good thing about insurance is that there are plans to fit many needs. If you prioritize super-duper insurance that covers any eventuality you can think of, you can likely get it. You just may have to pay more, but insurance is structured so that each new area of coverage may not cost you more than a few dollars a month.

Common considerations for insurance priorities include:

  •          To save money (the cheapest insurance possible)
  •          To cover all bases (your plan would likely be among the priciest insurance)
  •          To fill a niche demand (tattoo shop, laser center, or day spa, for instance)
  •          To get streamlined, yet comprehensive customer service

One important thing to keep in mind is that your priorities should align with the realities of your situation.

Identify (and Reassess) Realities

What exactly does “the realities of your situation” mean? It comes down to checking that your priorities make sense. As an obvious example, suppose you have a new car that cost several hundred thousand dollars. Does it make sense to get the cheapest car insurance? Probably not. The opposite example applies; suppose you have a car you have owned for 30 years and that would sell for less than a thousand dollars. Does it make sense to pay for all types of coverage on the car? Likely not.

The thing is, people’s realities change every year. That expensive car, if you keep it for years, gets older and older, and all of a sudden, you find yourself overpaying a lot on insurance. Try to reassess your realities and priorities once a year.

Compare Quotes

It’s amazing how many people do not compare multiple quotes. Each insurance company considers different factors in its risk models and weighs factors differently. For example, Company A may assign more risk to car owners residing in ZIP Code A and charge more, while Company B does not. A tool such as carinsurancecheap.net lets you compare many quotes at one time, and you don’t have to enter information at multiple websites or call multiple insurance companies.

Ask About Discounts

Once you have workable quotes from three insurance companies you like, how do you narrow them down to the “winning” company? One way is to ask about discounts; insurance agents may not go out of their way to inquire about any applicable qualifying life situations you have. If you only use your car for errands, you could get a steep discount (some tools such as carinsurancecheap.net do consider this as a factor).

If you are a college student with good grades, you could enjoy some money off your insurance as well. Ditto if you decide to bundle your homeowners, car, and motorcycle policies. Many insurance companies also offer discounts if you pay online or if you pay for an entire six months in advance.

Assess Customer Service

Looking at a company’s customer service can be pretty simple. In fact, a few minutes on the website may be all it takes. Review whether contact information is easy to find, and if the company allows claims to be filed online. Also, how can you contact agents or adjusters? Live chat, email, telephone, and so on? During which hours? If you cannot unearth this information online, you may want to proceed with caution.

Finding exactly the right insurance plan for your needs does require some strategy. This is especially true given the fact that your needs change. Often, the change is gradual and takes many years, but you may have done expensive home renovations that add value to your home. You could be under-insured. On the other hand, your car could be over-insured because it has decreased greatly in value.

Get A Car Insurance That Fits Your Lifestyle And Budget

It is very important to take really good care of your car.

It is very important to take really good care of your car.

A quality insurance provider should be concerned with more than just getting you adequate coverage on your car insurance or trying to up their commission. A good agent focuses on providing quality customer service and adding value that goes beyond expectations. With so many companies and providers available, you don’t have to stay with one that offers you anything less than the best. Here are some signs that it’s time to shop around for a new provider.

1. Unexplained rate hikes. If you have a spotty driving record or you’ve been found at fault in an accident, you’ll expect your insurance rates to be a little higher than average or to temporarily increase. However, if you find that your agency offers less than competitive rates or that your rates have gone up unexpectedly without reason, it’s time to look elsewhere for coverage.

2. Evasiveness. A professional agent will readily answer any questions or concerns that you have. They should also be able to explain the details of your insurance contract and provide accurate information. If your agent doesn’t have facts at hand, doesn’t know where to find vital information or avoids giving you direct, concise answers to your questions, you’re better off finding an agent who can.

3. Not answering or returning calls in a timely manner. If you’re constantly playing phone tag or your agent cuts your calls short, they’re not showing you the kind of respect and service you deserve. You need to know that if you’ve been involved in an accident or you have an emergency, your agent will be there to assist you when you need them.

4. Pushing you to buy services or coverage you don’t need. Your agent is your advocate. If they’re constantly trying to sell you unnecessary coverage or up-sell you on other products, chances are they’re more worried about their bottom line than they are about your best interests. A good agent will find you the maximum amount of insurance at a rate that fits your lifestyle and budget.

You don’t have to stick with a company out of habit or use a certain carrier because that’s the one your parents always used. Insurance agents in Austin can be found through such resources as auto club recommendations and even online rate comparisons. It’s important to find the best provider for your needs, so shop around until you feel comfortable with your agent and in what their company has to offer you.

 

Put A Smile On Your Face: Hit Something Cheap

An insurance agent was teaching his wife to drive when the brakes suddenly failed on a steep, downhill grade.

“I can’t stop!” she shrilled. “What should I do?”

“Brace yourself,” advised her husband, “and try to hit something cheap.”

Choose A Better Insurance For Your Car

If you are still celebrating New Year’s Day today, be careful driving home. Stay away from trouble that causes wrecks. Because it is a pain especially on dealing with your car insurance.

See, we got off from work almost close to 7:00 P.M. tonight. My co-associates wanted to get off early because some of them will go to a party. We were reminded to be extra careful on the road.

Driving may become difficult if we’re out of control. But if we are aware of what we are doing, road accidents can be avoided. Car insurance is very important. So we should better have it in our car all the time. Free insurance quotes are available. Just be wise on choosing one.

Have a safe New Year celebration!

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