What type of savings and discounts are available?What is included in auto insurance?Why does my private passenger vehicle have to go on my commercial policy?What is lease gap coverage?What happens when I add my teen driver to the policy?
Insurers discount their rates for good drivers and those who take safety and security precautions. Depending on the insurer, you can often lower your rates from 5 to 35 percent. Insurers generally offer discounts for: Clean Driving Record - No violations or accidents. Safety Features - Anti-lock brakes, air bags and passive restraint systems (i.e., automatic…Read more
Auto Insurance policies are broken down into the following coverage areas: Bodily Injury - covers injury to others you are liable for. Property Damage - damage to property of others Medical Payments - covers medical expenses for injury to you and anyone in your vehicle, regardless of fault. Uninsured/Underinsured Motorist Bodily Injury - covers injury…Read more
If a private passenger auto is not a pick up or a van and is registered in the name of a business, it needs to be covered under a business auto policy. If the vehicle is registered in the individual's name, but is used for business use, some uses may be covered under the personal…Read more
If an auto you lease is totaled in an accident, this provision will pay the outstanding balance of the lease if it exceeds the car's actual cash value.Read more
Some things to think about are... Teenagers are expensive to insure because they are the least experienced drivers. A driver's education course can help ease the burden of insurance costs since it teaches your teenager defensive driving techniques. If your child's high school does not offer driver's education, try to find one offered by another…Read more