Two Questions New Car Owners May Have About Auto Insurance

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Two Questions New Car Owners May Have About Auto Insurance

27 June 2016
 Categories: Insurance, Blog

Insuring your car is an important part of being a responsible driver. However, there are some individuals that may not have the experience or knowledge needed to know what they should expect from these essential policies. Learning the following couple of routinely asked questions and answers will help new drivers be better prepared for what to expect from this type of insurance policy.

Why Should You Consider Investing In Comprehensive Over Liability Coverage?

It is no secret that an auto insurance policy can be rather expensive, which may lead some individuals to simply choose the cheapest policy available. This will typically be a liability only policy, and while it may meet the minimum legal standard for your state, it may not offer you the various protections that you want.

The low cost will often stem from the fact that a liability policy will only cover damages that you cause with your car. If you opt to only carry this type of insurance policy, you may find that you are liable for paying for repairs to your car when it suffers damage from another driver, criminal or mistake on your part. To protect yourself against having to pay the damages to your vehicle, you should insure your vehicle with a comprehensive policy. While a comprehensive plan may cost more, these additional protections may make it worth far more than the added monthly expense.

What Should You Expect From Filing Your First Claim?

When you need to file your first claim, it can be easy to be unsure of how the insurance will react. Luckily, this process is fairly routine. One of the first steps will be for an adjuster from the insurance company to be sent to inspect the damage. After the damage is confirmed and evaluated, your insurance will cover the cost of the repairs. This can be done either by issuing you a check or working out a payment arrangement with the repair provider. However, there are many people that make the assumption that the insurer will dictate where the car will be repaired. Luckily, it is a legal right for individuals to be able to choose their own repair facility.

While your insurance can not prevent you from having your car repaired by the provider of your choice, you should be aware that many providers will not work with certain insurance companies. As a result, you should verify with your desired repair provider that they are willing to accept your insurance. Additionally, you will usually be required to meet a deductible before this protection will take effect. For this reason, you may want to choose a policy with a deductible you will easily be able to afford.

Making sure that your vehicle is insured is a legal requirement for driving on public roads, and it can be sound advice for limiting your financial risk when driving. However, if you have limited experience with these policies, it is important for you to understand the benefits that come with opting for comprehensive insurance coverage and what should be expected when filing a claim. By understanding these two points, you will be in a much better position to ensure that you are getting the most from your auto insurance policy. Contact a business, such as Keyes Insurance Services Inc, for more information.