Saturday, October 1, 2011

Auto Insurance Comparisons

12:55 PM |

Think of Auto Insurance Comparisons

Auto insurance comparisons may seem like quite a hassle, but is very important for several reasons. First let’s look at what parts of the coverage you should compare. Each insurance company offers most of the same coverage but there are some different benefits involved with each company. Start by comparing the basics, and break it down part by part. For example the liability and deductible. Ask questions about the different levels of liability and deductibles from each company. Once you have found what level of liability and deductible is sufficient for you start checking the limits of the benefits. Each company will have different benefits.

Payment for a chipped windshield that’s repaired instead of replaced; the deductible may also be waived, rental car use while your vehicle is in repair and several others. It is beneficial to check these benefits in order to determine what best suits your lifestyle and budget. Even if it’s a few dollars more for a policy that covers the rental car during repairs, it’s worth it because if something should happen you won’t have to worry about how you are going to get to work and take the kids to soccer practice. Have your insurance agent print out all the information pertaining to the insurance quote so that you may review and study it easier. Get the highlighter out and start marking your papers with the advantages of each policy.

There are several ways now a days to shop for auto insurance comparisons. Some people like face to face interaction. If you prefer you can drive from agent to agent meeting with them to go over the different policies. Sometimes more questions can be answered using this method. You can also look for an Insurance Broker. An Insurance Broker is a person that has access to several different insurance companies, even some you never heard of, and can get several quotes for you from them. They are usually able to customize the policy to fit your needs as much as possible. An easy way to do this is to tell the broker what type of coverage you are specifically looking for to narrow the field a bit more. If there is not a company that can include all of what you want in their policy then you may settle for something close and have to add benefits at a small increase in price.

Different ways to find an Insurance Agent or Broker are to ask your friends and family who they go through. They may have exactly what you are looking for and are always willing to tell you why they like the company and the details of their policy. Another method is the Yellow Book on-line or the book. Just sit down and make some calls. Me personally I like to make the calls because I can curl up on the couch in my comfortable sweats and don’t have to worry about the way I look. For any printed information that you may want they can usually send you something in the mail or through email. Most any company is going to be willing to do this for you.

After you have decided on what company you are going to go with always keep in touch with your agent. Like with everything in life there are always changes and you want to know those changes and how they can affect your policy. There may be added benefits as you stay longer with a company like so many years without an accident you get a discount. Or if there are changes in your life like a child that just turned 16 that needs to be added to the policy you may want to compare the insurances again. Every now and then you want to shop around again. I do know from experience that some companies will look at your history with a previous company and give you some added benefits too.

Auto insurance comparisons can be some work. But to have the best coverage for your needs, it’s worth it.

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