Mistakes Made When Buying Auto Insurance
1. Shopping for the Lowest Price Available
You get what you pay for; so compare not only price, consider policy features as well. Not all auto insurance companies offer enhanced benefits; for instance, Some companies offer superior claims handling, customer service guarantees, and roadside assistance. Consider all of the benefits included to determine the true value you're receiving.
2. Underestimating the Value of Original Parts
When your car was built, manufacturers carefully selected each part. If your car needs repairs, would you like for the replacement parts to be less carefully selected? Be sure that your auto insurance company uses genuine Original replacement parts in collision repairs after accidents. Many companies use less expensive, after-market parts that may decrease the value of your car, affect its appearance and/or jeopardize the warranty.
3. Having Insufficient Liability Coverage
Liability insurance helps protect you and your assets if you cause an injury to others or damage the property of others with your vehicle. However, if you choose lower liability limits an accident that causes serious injury could result in medical expenses and lost wages that far exceed your coverage, leaving you financially exposed. Make sure you’re fully protected.
4. Missing Out on Potential Discounts
There are many discounts available—for instance: low-mileage driving, multiple car, anti-theft devices, & many more. Be sure to ask which discounts are available to you.