7 Questions To Ask Your Car Insurance Agent
It's no secret that your expenses as a car owner will extend beyond the initial purchase price. After you buy a car at the Lake of the Ozarks, you will be responsible for your loan (if applicable), gasoline, standard maintenance, any required repairs, and - last but certainly not least - car insurance.
Auto insurance is often one of the biggest expenses associated with car ownership, so it's no wonder that finding affordable car insurance is usually a top priority. Here are a couple of questions we recommend asking your car insurance agent to ensure you find the company that will best fit your needs.
1. Am I Getting All Of The Discounts I Am Eligible To Receive?
Many auto insurance companies offer discounts for certain individuals, such as the good driver discount, the good student discount, or the multi-line discount. Drivers may be eligible for these discounts as long they meet certain qualifications. Talk to your car insurance agent to make sure all relevant discounts are being applied to your policy.
2. What Drivers Will My Insurance Protect?
While you will probably be the primary driver of your vehicle, there are plenty of opportunities when another individual may get behind the wheel. What happens if you let your friend drive your car to the grocery store, for example, or let your teenager use your vehicle while learning to drive? If other drivers cause your vehicle to be in an accident, will your costs be covered?
3. Will I Be Protected If I Get In An Accident With An Underinsured Or Uninsured Motorist?
While state laws mandate that every driver have at least some level of liability insurance, there are still several drivers who do not have adequate insurance. When taking out a new car insurance policy, it's important to ask your agent whether or not you will be protected if you get in an accident with one of these individuals. Will your policy fill in the gaps?
4. Do I Have Enough Liability Coverage?
As we just discussed, every state has a minimum liability coverage that motorists are required to have. However, this minimum amount is not always enough to protect you in a real-life accident. Your car insurance agent will be able to help you determine how much liability coverage you should actually have.
5. What Are My Payment Options?
Most insurance companies offer several different payment options, such as monthly, biannual, or annual payments. While paying for your car insurance in monthly increments may be easier on your budget, some insurance providers offer a discount for paying your entire bill off at one time. Research all of your options so you can choose the one that best fits your budget.
6. What Will Happen To My Car If I Am In An Accident?
Some people may not realize it, but the liability coverage motorists are required to carry may actually only cover the damages to the other driver's vehicle. In order to ensure that your own car will be protected no matter who was at fault in the accident, you may need to purchase additional collision coverage.
7. What Is My Deductible?
If you are in an accident and have to file a claim with you insurance provider, you will probably not be able to receive any benefits before paying a certain sum of money up front. This sum of money is called your deductible. Typically, having a higher deductible means that your premium costs will be lower. However, you want to be confident that your deductible is an amount you are comfortable paying - if you are unable to pay your deductible, you will probably not receive any benefits from your insurance company.
Find Your New Car At Hulett!
If you're in the market for a new car in Camdenton MO, we hope you'll stop by our showroom at Hulett Chevrolet-Buick-GMC! Our friendly, low-pressure sales staff would be more than happy to show you around and help you find the vehicle that will best fit your and your family's needs. We look forward to serving you!
Hulett Chevrolet Buick GMC
That's The Way We Do It At Hulett!
513 N. Business Route 5
Camdenton, MO 65020
www.ShopHulett.com
Sales: 573.317.4191
Service: 573.317.4195
Follow Us On Facebook
Auto insurance is often one of the biggest expenses associated with car ownership, so it's no wonder that finding affordable car insurance is usually a top priority. Here are a couple of questions we recommend asking your car insurance agent to ensure you find the company that will best fit your needs.
1. Am I Getting All Of The Discounts I Am Eligible To Receive?
Many auto insurance companies offer discounts for certain individuals, such as the good driver discount, the good student discount, or the multi-line discount. Drivers may be eligible for these discounts as long they meet certain qualifications. Talk to your car insurance agent to make sure all relevant discounts are being applied to your policy.
2. What Drivers Will My Insurance Protect?
While you will probably be the primary driver of your vehicle, there are plenty of opportunities when another individual may get behind the wheel. What happens if you let your friend drive your car to the grocery store, for example, or let your teenager use your vehicle while learning to drive? If other drivers cause your vehicle to be in an accident, will your costs be covered?
3. Will I Be Protected If I Get In An Accident With An Underinsured Or Uninsured Motorist?
While state laws mandate that every driver have at least some level of liability insurance, there are still several drivers who do not have adequate insurance. When taking out a new car insurance policy, it's important to ask your agent whether or not you will be protected if you get in an accident with one of these individuals. Will your policy fill in the gaps?
As we just discussed, every state has a minimum liability coverage that motorists are required to have. However, this minimum amount is not always enough to protect you in a real-life accident. Your car insurance agent will be able to help you determine how much liability coverage you should actually have.
5. What Are My Payment Options?
Most insurance companies offer several different payment options, such as monthly, biannual, or annual payments. While paying for your car insurance in monthly increments may be easier on your budget, some insurance providers offer a discount for paying your entire bill off at one time. Research all of your options so you can choose the one that best fits your budget.
6. What Will Happen To My Car If I Am In An Accident?
Some people may not realize it, but the liability coverage motorists are required to carry may actually only cover the damages to the other driver's vehicle. In order to ensure that your own car will be protected no matter who was at fault in the accident, you may need to purchase additional collision coverage.
7. What Is My Deductible?
If you are in an accident and have to file a claim with you insurance provider, you will probably not be able to receive any benefits before paying a certain sum of money up front. This sum of money is called your deductible. Typically, having a higher deductible means that your premium costs will be lower. However, you want to be confident that your deductible is an amount you are comfortable paying - if you are unable to pay your deductible, you will probably not receive any benefits from your insurance company.
Find Your New Car At Hulett!
If you're in the market for a new car in Camdenton MO, we hope you'll stop by our showroom at Hulett Chevrolet-Buick-GMC! Our friendly, low-pressure sales staff would be more than happy to show you around and help you find the vehicle that will best fit your and your family's needs. We look forward to serving you!
Hulett Chevrolet Buick GMCThat's The Way We Do It At Hulett!
513 N. Business Route 5
Camdenton, MO 65020
www.ShopHulett.com
Sales: 573.317.4191
Service: 573.317.4195
Follow Us On Facebook
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