Arnold, Bruce & Doerfler Insurance Blog
The process of choosing the right car for you must not have been easy. But what comes after it? Well, another long process of choosing the right insurance fit for you and your car is the next step. A car is just as good and useful as its insurance, so picking the right one is just as crucial. But how do you know which is the best choice? Should you pick the one you saw in that one ad or the other because most of your friends are using it?
To guide you in choosing the right car insurance, here are some of the things you must pay close attention to:
Kinds of Coverage You Need
First, you have to check the kind of coverage the law requires you to have. Most of these require the liability insurance alone, which covers the costs of anyone injured or died, damages to property and vehicle, as well as the legal fees needed to be settled in case an accident happens.
Other types of coverage also include collision, which covers the cost of repairs for the vehicle regardless of whose fault the accident was. Another is the comprehensive coverage which includes the pay for damages that are non-crash, like theft or vandalism. Lastly is the personal injury protection which covers the costs needed for the medical expenses to you or your passengers in case an accident happens.
Figure Out Your Risk Assessment
Before offering you an insurance rate, the company first assesses your “risk,” which refers to the probability of you making a claim. They usually check different factors like your age, driving and criminal record, credit rating, and even the type of place you live in. For example, living in a place with a high crime rate, or have gotten a lot of parking tickets in the past few years can increase your risk rate, which can cause you to pay more to the company for the car insurance.
Compute Your Deductible Well
The deductible is the amount of money you will have to pay your insurance company before they pay for the rest of the bill. Lowering your annual insurance payment can lead to you having to pay for a high price for the deductible. Most people think this is a wise move since you may never be involved in an accident but make sure that your deductible is not set at a price too high because you might not be able to claim your insurance if things go south.
Making sure that you chose the best insurance for your car gives you a lot fewer things to worry about in the future. Shop around wisely so you would have many choices and pick the best one for you.
At Arnold, Bruce & Doerfler Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (503) 222-1951 or Click Here to request a free quote.