Inexpensive Auto Insurance Could Mean Bad Insurance All Together
If you are looking for inexpensive auto insurance, you must be very careful with whom you are dealing with.
Most insurance companies have very aggressive marketing campaigns to get you to buy their products.
Insurance agents bent backwards to sell you a policy and tell you that you save 15% in car insurance, but they hid when you have claim.
Be Aware! Insurance polices are very restrictive contracts.
You need to know exactly what coverages, deductibles, and limits apply.
The worst thing that can happen to you is to get in an accident and have inadequate insurance coverage.
You need to know the general policy definitions, however, you need to request a copy of the policy and read it before you commit yourself to that specific carrier.
Most insurance agents have never adjusted a claim in their lives.
They known the overall process but they do not know what your policy covers and does not cover in detail, and even if they expressly tell you that something is covered, it might not be.
Many insurance claims are declined because the insurance company does not believe their agent said something to bind coverage, it will be up to you to prove what exactly what the agent said.
The insurance company will tell you that they are only bound by what the policy says.
It can be a long time to get a claim covered (if ever) in this situation.
You need to be very careful of who the insurer is.
Many independent agents work for several insurance companies and can give you the cheapest quote.
However, you really need to know which insurance company you are dealing with.
There are many insurance companies that should not be in business any longer.
Do not rely in what the agent tells you, talk to your family and friends about their auto claim experience with their own insurance carriers.
How will they treat you when you are in a car accident? Most people have had some kind of auto insurance claim.
They will tell you if they were treated fairly or the insurance company took advantage of the situation (happens often).
We all want inexpensive auto insurance, but the only way to know if you are getting a good deal is to compare every quote.
Make sure you understand every coverage and term in detail.
For a complete list of insurance terms and definitions, visit http://www.
auto-insurance-claim-advice.
com/insurance-coverages.
html You need to know exactly what you are buying.
For example, you need to know that if you carry Personal Injury Protection (PIP) coverage, your and your passenger's medical bills will be covered in case of an accident.
PIP is a "no fault" coverage.
This means that you will be covered regardless of who caused the wreck.
Insurance agents try to get your to "waive" your PIP coverage to lower your premium and get you an inexpensive auto insurance quote.
In many states this is allowed, some require you to sign a waiver, and others simply do not allow it at all.
Agents argue that if you have health insurance, that policy would cover you for any accident that you have.
This is true; however, your passengers would not be covered unless they have their own health insurance.
Waiving your PIP coverage can save you any where from $5 to $15 per month.
If you have a car accident, your medical bills could easily add up to $2,500 at the emergency room alone.
Do not let the agent talk you into modifying the policy and waiving any rights.
Instead look at the policy or coverages, deductibles, and limits and compare "apples to apples".
If policy A has collision coverage with a $1,000 deductible and policy B has Collision with a $250 deductible, policy might just be better even though you pay slightly more per month.
Most insurance companies have very aggressive marketing campaigns to get you to buy their products.
Insurance agents bent backwards to sell you a policy and tell you that you save 15% in car insurance, but they hid when you have claim.
Be Aware! Insurance polices are very restrictive contracts.
You need to know exactly what coverages, deductibles, and limits apply.
The worst thing that can happen to you is to get in an accident and have inadequate insurance coverage.
You need to know the general policy definitions, however, you need to request a copy of the policy and read it before you commit yourself to that specific carrier.
Most insurance agents have never adjusted a claim in their lives.
They known the overall process but they do not know what your policy covers and does not cover in detail, and even if they expressly tell you that something is covered, it might not be.
Many insurance claims are declined because the insurance company does not believe their agent said something to bind coverage, it will be up to you to prove what exactly what the agent said.
The insurance company will tell you that they are only bound by what the policy says.
It can be a long time to get a claim covered (if ever) in this situation.
You need to be very careful of who the insurer is.
Many independent agents work for several insurance companies and can give you the cheapest quote.
However, you really need to know which insurance company you are dealing with.
There are many insurance companies that should not be in business any longer.
Do not rely in what the agent tells you, talk to your family and friends about their auto claim experience with their own insurance carriers.
How will they treat you when you are in a car accident? Most people have had some kind of auto insurance claim.
They will tell you if they were treated fairly or the insurance company took advantage of the situation (happens often).
We all want inexpensive auto insurance, but the only way to know if you are getting a good deal is to compare every quote.
Make sure you understand every coverage and term in detail.
For a complete list of insurance terms and definitions, visit http://www.
auto-insurance-claim-advice.
com/insurance-coverages.
html You need to know exactly what you are buying.
For example, you need to know that if you carry Personal Injury Protection (PIP) coverage, your and your passenger's medical bills will be covered in case of an accident.
PIP is a "no fault" coverage.
This means that you will be covered regardless of who caused the wreck.
Insurance agents try to get your to "waive" your PIP coverage to lower your premium and get you an inexpensive auto insurance quote.
In many states this is allowed, some require you to sign a waiver, and others simply do not allow it at all.
Agents argue that if you have health insurance, that policy would cover you for any accident that you have.
This is true; however, your passengers would not be covered unless they have their own health insurance.
Waiving your PIP coverage can save you any where from $5 to $15 per month.
If you have a car accident, your medical bills could easily add up to $2,500 at the emergency room alone.
Do not let the agent talk you into modifying the policy and waiving any rights.
Instead look at the policy or coverages, deductibles, and limits and compare "apples to apples".
If policy A has collision coverage with a $1,000 deductible and policy B has Collision with a $250 deductible, policy might just be better even though you pay slightly more per month.