So many consumers think that the price of insurance is the real deal. But they need to look at what they’re getting for their money.
They need to look at the service, the reputation and claims service of the insurance carrier, the agency itself, how they educate the customer and how they follow up on claims.
This is a pretty unique feature, offered by more and more carriers now. It will pay for a wide range of disablements of your vehicle, like flat tires, dead battery (and getting a jump start), running out of gas, locking your keys in your car, radiator boiling over, etc.
It’s very similar to an auto club [...]
This is a type of coverage that is pushed by some carriers that’s not a good deal for you.
This is offered by agents who are just looking to increase their commission.
You could be in a wreck and get seriously injured, and this coverage won’t help you at all. To get paid from this coverage, you [...]
Medical payments is an outstanding type of coverage.
Take an example of teenage drivers, they’re always having their friends in the car with them. If they’re all in an accident, they get taken to the emergency room, it’ll probably cost $2000 minimum per person.
How will they pay for it?
Well they won’t, unless their parents have medical [...]
Coverage for the cost of a rental car while yours is in the shop is a good idea for lots of folks, since it doesn’t add much to your premium.
But be careful to look into the fine print of the coverage.
Many carriers offer a mere $20/day in rental payment.
Good luck renting a car for $20 [...]
I hardly ever write auto policies with only the state required minimum coverage.
The Tennessee state minimums are 25/50/15, which means the insurance company will pay up to $25,000 for bodily injury to one person, and if more than one person is injured, they’ll pay up to a total of $50,000, and they’ll pay up to [...]
Uninsured / underinsured coverage is the most misunderstood parts of an auto insurance policy.
Uninsured driver coverage is often omitted from rate quotes in order to keep the rate quote nice and low. And sure, uninsured or underinsured coverage is an added expense that many drivers don’t include.
After all, it’s against the law for other motorists [...]
The “deductible” amount on your policy is the amount of money that you are responsible for if you make a claim. For example, say you had a claim and your insurance company agreed to an amount of say, $3,000. If your deductible was $200, the insurance company would pay $2,800, which is the $3,000 less [...]