Your auto insurance policy is designed to protect your car, and a lot more. It’s also designed to protect you and other people that are out there driving. When choosing a policy, make sure you pick one that covers all of your needs. These suggestions are going to help you gain a lot more from your insurance policy.
Inquire with your insurance company before purchasing aftermarket parts for your vehicle. You will want to know what they would cover in the case of a total loss. Insurance companies usually will cover only the value these parts add to your car, and that is probably not much.
To verify that your auto insurance will cover all your expenses in the event of a loss, discuss your coverage with your agent, especially before you add any custom features to your car. You might buy some classy rims that retail for a thousand, but if those rims only increase your car’s value by $30, you’ll be out the other $970 should something happen to your car.
What kind of vehicle you buy and drive determines a lot about the size of your insurance premiums. If you want a top of the line, luxurious vehicle, your insurance will be higher. Choosing a safe and reliable lower end model can really save you some money in the long run.
Try to ride buses or take a carpool. Reducing your mileage is a good way to demonstrate to your insurance company that you are a responsible individual. You could have a discount that lowers your premium if you let your agent know that you use a bus or carpool.
As you shop for auto insurance, remember that your coverage may only apply to the driver named on the policy itself. Often people will allow a buddy to use their vehicle, but if the buddy is involved in a car accident, the insurance company can deny payment of any claims. You can opt for coverage that will allow other people to drive your car, though you will have to pay a little more for that.
Buying extras for you car is something that you shouldn’t be doing. You should pay attention to the features that matter to the running of a car, not luxury options like heated seats. If you get in an accident and total your car, or if it’s stolen, the insurance company will only pay you for the value of the car, which does not include any after-market equipment.
One of the best tips you can find regarding auto insurance is to keep your driving record clean. Nothing else will make your premiums jump higher than having an accident. Do what you can to avoid accidents. Drive carefully and avoid taking roads you are not comfortable driving on. For example, if you have a hard time seeing the road late at night, avoid driving during this time.
Consider all that you have learned in the above paragraphs, and find the ways that it will directly or indirectly affect your current policy. When you know what you to look for, you may be surprised at items that are lacking in your coverage. See if there are any places where it may be beneficial to you to head back to your agent for a new policy.