| 7 Questions You Should Ask Your Car Insurance Agent |
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| Written by Keith Weitzen |
| Wednesday, 28 April 2010 10:08 |
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If this is your first time buying a car insurance or just simply searching for a better offer, there are some things you may want to consider. First of all, is the agent that you are dealing with somebody you know in your community?
If this is your first time buying a car insurance or just simply searching for a better offer, there are some things you may want to consider. First of all, is the agent that you are dealing with somebody you know in your community? Second, is the company from whom you're buying well known? What is its reputation? What about price? Because there are hundreds of companies competing for your business, prices vary - sometimes a lot. It may pay you to shop. Be sure the premiums you're quoted are for equal amounts of coverage. Third, what kind of service will you be getting for your money? Shopping around for the lowest price may give you some benefits in the beginning but when it comes to the time you have a claim, will your company handle it professionally? Other clients of your agent may share their experiences with you, ask them. What about the company's rating? You should be able to check their information with your state department or insurance commissioner. You do want to make sure that they will still exist when you have a claim to file, don't you? Okay, now you have selected which agent and company you want to go with, there are a few questions you still need to consider. How about the kind and the amount of coverage that you feel comfortable with? You can always choose the minimum amount of liability coverage, but do you think you are ready when you once have to pay more than what you expected? You must also think about how a judgment against you can affect your income and assets. How much saving is worth the risk? How much deductible is worth the money you have to pay out of your pocket when it comes to an accident? It all depends on your needs and how comfortable you are with your coverage. How about the additional comprehensive and collision coverage? Auto owners are known to drop this as they realize that their cars' values decrease in hope for saving some money on their premiums. When you do this, consider the risk of having the whole cost of replacing or repairing your car in case of an accident. Finding the right agent has proven to be crucial in helping you with any questions you have about your auto insurance. Car insurance should really be treated as a product that better fits your unique needs. All the answers to these questions can and should be provided by your prospective agent. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Keith Weitzen is a well established SF bay area insurance agent and eager in assisting others, plan for their future, protect their family and assets and recover from the unexpected. Keith is one of the top ranked State Farm Agents in San Francisco, focusing on what matters: client relationships! |