|Q:||When purchasing automobile insurance what should I consider?|
|A:||There are several things you should consider when purchasing automobile insurance that your independent agent will help you with. Here are a few:
|Q:||DO I NEED A COMMERCIAL AUTO POLICY ?|
|Q:||Differnce between BUSINESS AUTO vs. COMMERCIAL AUTO ?|
|Q:||Does my insurance policy cover a friend if I loan him/her my car|
|A:||When you loan your car to a friend or an associate, he or she will be covered under your automobile insurance policy, as long as they are not a member of your household.
If the driver is a household member, they will need to be added to have coverage. If they are a member of your household and WILL NEVER driver your vehicle(s) you may elect to exclude them by signing a "driver exclusion waiver" to avoid increase in premiums. Consult one of agents for more information.
note: not all companies will offer a driver exclusion.
|Q:||What is collision physical damage coverage?|
|Q:||What is comprehensive physical damage coverage?|
|A:||Comprehensive provides coverage for direct physical damage losses you could incur to your car from something like FIRE, THEFT, VANDILSM, ACTS of GOD/NATURE, including
HAIL, WINDSTORM, WATER, and collisions with LIVE ANIMALS.
|Q:||How can I lower my automobile insurance rates?|
|A:||There are several things you can do to lower the cost of your automobile insurance.
One way is to look for competitive pricing. An independent agent works with many companies and can provide you comparative rates and insure that your are getting the same coverage.
Another way to lower the cost is to change your deductible. By raising your deductible you may lower the cost of your automobile insurance almost 10% You must be able to pay the deductible amount in case of a claim. You can also look for discounts that you may be entitled to. Some examples of discounts that may be available are: multiple cars under the same policy, carrying a homeowners policy with the same insurance company, different groups or associations.
|Q:||Why does my agent need to know so much information to get a quote?|
|A:||Today's market pricing uses many types of data to calculate a rate or price for auto insurance. Basic info such as name, date of birth, address, vin# of vehicle must be input into our comparison rater software to determine who has the best rates for your situation. We may also need the # of miles to work for each driver, actual mileage of vehicle, purchase date, etc. We have over 50 company plans to choose from.
Additional drivers and vehicles will also change rate as well as drivers' violations and accidents. Youthful drivers can raise your rates dramatically until they have some driving experience behind them. Certain companies may not charge for permit drivers until they receive a permanent license.
The best advantage you will have is to let your agent know your intentions in the next 12 months so they can look at the whole picture. If you intend to purchase other vehicles or add other drivers, please let them know.
If you intend to use you vehicle for any business or commercial use, please tell your agent. Certain uses may not be covered unless a BUSINESS USE endorsement is added. Signs on personal auto vehicles is not recommended. This use is generally reserved for COMMERCIAL POLICIES. Towing of trailers with equipment used in business would also be a COMMERCIAL RISK.