Archive for January, 2014
It’s required by law to buy auto insurance, but just because you have to do it doesn’t mean you should skimp out on it. In fact, just the opposite is true. It’s incredibly important to buy auto insurance (hence why the law requires it), because it protects you, your loved ones, your property, and any other parties who may become involved in an accident. This means that you shouldn’t worry about how to get auto insurance cheaply, but rather how to find good insurance.
So, to help you buy auto insurance, here’s a few tips!
1. You Can Buy Auto Insurance Online.
Many underestimate how valuable this option can be, though it’s increasing in popularity. According to a Internet marketing research company ComScore, in 2011 just 20% of new car insurance policies were purchased online, when compared to the 43% purchased through an agent. However, there was a five percent increase from two years earlier, while the number of policies purchased through an agent decreased by six percent. Not to mention the fact that a survey by J.D. Power and Associates showed that the majority (54%) of new policy owners applied for a quote online.
2. Shop Around.
One of the biggest benefits of going online to buy auto insurance is that you can quickly, efficiently, and easily compare rates. The same policy can cost very different things between companies based on factors such as how much they spend on advertising, commissions, or risk levels. There are aggregator sites available that can search the most popular auto insurers simultaneously, and deliver all of the results on one page for an easy comparison of rates.
3. Don’t Shop Just by Price.
As mentioned earlier, looking for the cheapest policy is no way to buy auto insurance. You want the maximum amount of coverage available for the most affordable cost. If this means spending a little bit extra every month, so be it. You’ll be more than happy that you did in the event of an accident.
If you keep these three tips in mind when you buy auto insurance, you’ll be sure to get find a highly valuable policy. If you have any questions, feel free to ask in the comments. More on this.
In the United States, one of the most common types of insurance is car insurance. There are a couple of reasons for this. First, has to do with the sheer number of cars in the United States, an estimated 245,000,000 vehicles. Second, all states, with the exception of Virgina and Mississippi, require that drivers have at least some kind of car insurance.
There are a few different kinds of car insurance. The most basic car insurance is known as liability coverage. It covers damages for bodily injury and property damage for which the insured driver is responsible. However, it will not cover damage caused by another driver or thing. However, this kind of insurance is fairly limited. Many drivers want more extensive coverage.
Hence there is collision coverage. Collision coverage is designed to coverage for vehicles involved in collisions, subject to a deductible. Collision coverage will pay for a car to be repaired, or pay the cash value of the vehicle if the car is not able to be repaired.
Comprehensive insurance, as the name suggests, covers all of the other kinds of accidents that may befall a car, like a tree falling on a car for example. It too is subject to a deductible. Together, these three kinds of insurance are refereed to full coverage car insurance. While other kinds of car insurance exist, like rental insurance, these are considered separate from full coverage car insurance.
If you are looking for car insurance in Rochester NY, then you can contact an insurance agent. Another good idea if you are not sure how to choose car insurance is to go online. There internet is a great resource to find quotes for auto insurance. You can even compare quotes from different car insurance companies. More can be found here.