• Am I eligible for any discounts? Today we will discuss five of the most important questions regarding your car insurance coverage. Bear in mind that cheap quotes mean nothing if you switch to an unreliable, incompetent company. Ask and you shall receive. The first rule is that you must read your policy thoroughly no matter how tedious it is; doing so will answer most of your questions. This idea works for auto insurance too; the more you know about your policy and coverage, the higher your chances of saving money. Filing claims tends to raise your insurance rates. But if you have any remaining doubts, don't hesitate to ask your provider. The higher your deductible, the lower your premiums and vice-a versa. Remember knowledge is power. Curiosity has its own reason for existing. On the other hand, another company may give you a discount for joining them and offer you dirt cheap auto insurance quotes, which might just turn out to be a far better deal. This is a very important question to ask. In every area of your life, the more questions you ask, the more you'll learn about the world and the way it works and subsequently, the greater your chances for success.
• Will I save money by switching providers? " It turns out that he was right. This one is very important since your insurance provider may not volunteer this information themselves. Make sure to factor in the reliability and reputation of each company while making a decision. A good strategy is to keep that amount aside for a day you may file a claim and forget about it. About Author: Bethany Collins works from home and is a mother of two naughty kids. • Should I raise my deductible? This is a common dilemma. Make auto insurance quotes comparison every couple of years, weigh your options and make a call. Sit down and talk to your auto insurance provider about the limitations and exclusions of your policy. If you're eligible, that is. If your damages are worth a $1000 and your deductible is $500, the extra $500 you receive from the insurance provider may not be worth the hike in premiums. TITLE: 6 Questions That Can Help You Save Money on Auto Insurance
Einstein once said"The important thing is not to stop questioning. If you only purchase the state mandated minimum coverage, you will have to foot any damages to your car as well as medical bills. However, please remember that you will actually have to pay this deductible if you make a claim so make sure that the amount is one you can afford. It may seem very tempting to file a claim for any and all damages to your vehicle; after all this is why you dish out for premiums every single month. A good rule of thumb is that if you can afford to replace your car, there is no need for collision or comprehensive coverage. However, there are certain cases in which getting anything above PIP and liability may not be worth it. So in order to get the best car insurance quotes, avoid making claims as far as possible. For example, your insurance company may exclude earthquake damage if you live in Florida and if you are not aware of this, you could be in for a nasty shock if you make a claim for the same. Her only hobby is reading and her interest lies in topics related to personal finance, car insurance etc. So if you want a drop in your premiums you should definitely consider raising your deductible.
• Am I carrying too much or too little coverage? Car insurance companies offer a variety of discounts ranging from good student discounts, defensive drivers credit, air bag and safety device installation discount, good driver discount, senior citizen discounts...
• Should I file a claim or foot the bill myself? the list is endless. However, keep in mind that doing so may not always be a good idea. Once you know the limitations and exclusions of your policy, you can take remedial measures, such as getting earthquake insurance in the above case. She lives with her husband.
• What does my policy exclude? She loves to write on topics like managing your budget, getting quotes for car insurance, Hartford RV insurance saving money and investments, etc Don't touch it, no matter how tight your finances get. Thorough insurance coverage would compensate you for a car, medical expenses, a rental, possibly loss of wages and in some cases, for psychological/emotional distress.
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