QUESTIONS TO ASK CAR INSURANCE COMPANIES
Getting your first car can be very fulfilling. You’ve waited so long to get that dream car, you worked so hard for and you can’t wait to finally take that road trip with your friends or family. But before you take that car for a long drive, let’s talk about car insurance. Picking the right car insurance is not an easy task. What we usually do is just go with whatever our car sales agent recommends. But that’s not the best thing to do. A lot of things should be considered in choosing the right car insurance, like the kind of car you’re driving, how you’re using it, to the discounts you can get and the assistance they can offer.
The first thing you can do is ask the right questions once you have found your options. Not all companies would give you a detailed information on their coverage and your other option, so it’s up to you ask the following questions:
- Kinds of Coverage
What kind of insurance do I need?
This is the first and the most important question you should ask. You might be familiar with Liability Insurance, one of the most common kind, which covers the medical expenses of anyone who’s injured or died and the damages to their vehicles in the event of a car accident you caused. There are other kinds of additional insurance that you might want to consider There’s the Collision Insurance which covers the cost of repairs in your vehicle, no matter whose fault it was. And there’s the Comprehensive Insurance that covers damage to your vehicle from “non-crash” incidents such as, theft, fire, acts of nature, even vandalism.
- Who’s covered?
Who else are driving your car? This consideration is most often overlooked by car owners. If you often lend your car to friends or family, make sure they are also listed to your policy. This is to make sure that they are covered in case of an accident while they’re driving your vehicle.
- Car value
What kind of car do you own? Is it brand new or second-hand? A shiny sports car, a vintage model, or a mid-size sedan? Chances are, if you’re driving an expensive car, your premium would be priced the same. You also have to consider the make and model of your car, if you have a vintage car, and it got damaged in any way, it would be hard to find its original parts during repair. These might be simple things, but very important ones to consider in choosing an insurance company.
- Risk assessment
What’s my risk assessment?
There are a lot of factors to consider in determining your insurance rate. Risk assessment is the process of evaluating how much “risk” you constitute to the insurance company. Some of the factors they consider are your age, gender, driving history, criminal history and even where you live can determine your risk. You yourself might also want to consider these factors in choosing the right kind of car insurance to buy.
- 24/7 assistance
Do you have 24/7 claims service?
Accidents can’t be predicted. Imagine it happened on a weekend, or a holiday or during the wee hours of the night, can your car insurance company provide assistance right then and there? Being involved in an accident is stressful as it is. It would be very handy to have a reliable car insurance company in case it happens.