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Auto Insurance

April 5, 2024
Agency

Why Home And Auto Insurance Rates Are Continuing To Rise

Thanks to an unusual convergence of market trends, ushered in by the pandemic and followed by other disruptive events, you may see a bigger change to the cost of your home and auto insurance than usual when it comes time to renew your policies this year. Insurance rates are based on what an insurer thinks […]
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April 5, 2024
jdowdins

How to Choose Your Car Insurance Deductible

When you make a car insurance claim, you pay the deductible before coverage kicks in. Comprehensive and collision coverage (which can pay for damage to your car) typically include deductibles. In some states, uninsured/underinsured property damage and personal injury protection claims also require deducible payments. How Deductibles Affect Auto Insurance Premiums Insurers use several metrics […]
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March 21, 2024
jdowdins

What Are Insurance Coverage Exclusions?

Insurance policies are very commonplace. Chances are most people you know have at least a homeowners or auto insurance policy—many have both. Beyond these, other popular offerings include life insurance, dental insurance and health insurance. Insurance is designed to help pay for losses you experience. For example, homeowners insurance may help pay for a broken […]
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February 15, 2024
jdowdins

Auto Insurance: What Is Personal Injury Protection Coverage?

Personal injury protection (PIP) is a type of auto coverage that can help pay for your medical bills and passengers’ medical bills if you’re in a vehicular accident, regardless of fault. In some states, PIP can even offer coverage if you’re injured by a vehicle as a pedestrian, cyclist, or passenger involved in an accident. […]
0
January 29, 2024
jdowdins

At What Age Do Car Insurance Rates Decrease?

Car insurance rates typically decrease as drivers get older, with the most significant decrease occurring between 18 and 19. This decline in premiums is due to insurance companies’ perceived risk reduction between theses ages. How Inexperienced Drivers Can Lower Car Insurance Premiums For young drivers, staying on a parent’s insurance policy can result in lower […]
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November 16, 2023
Agency

Common Auto Insurance Policy Questions

Auto insurance policies can be complex and confusing. This blog reviews some of the most common auto insurance policy questions.   If a friend drives my car, is he or she covered by my policy? Since most insurance coverage is connected directly to the car, if someone else borrows your car occasionally, he or she […]
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August 16, 2023
Agency

Top 7 Home and Auto Insurance Challenges

Insurance can be a complicated subject, but it’s essential to take the time to understand your policies and ensure they are providing adequate coverage. This video lists top home and auto insurance challenges as reported by a nationwide survey and can help you know when you may need to contact your insurance agent and what […]
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July 27, 2023
Agency

Mistakes to Avoid When Applying for Auto Insurance

While purchasing auto coverage is an essential loss control measure, you should also understand potential pitfalls that could affect your costs and coverage, potentially leaving you with insufficient financial security in the future.  When applying for auto insurance, avoid the following pitfalls:  Failing to list all drivers—Make sure anyone who drives your vehicle is listed […]
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May 30, 2023
Agency

Usage-Based Insurance and You

As a result of increasing auto insurance premiums, consumers are showing interest in usage-based insurance (UBI) options. According to the J.D. Power 2023 U.S. Insurance Shopping Study, 22% of insurance shoppers were offered a UBI option and 18% purchased it. UBI uses telematics software to monitor driving habits. The insurer assigns rates based on safety […]
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April 28, 2023
Agency

What Is Uninsured and Underinsured Motorist Coverage?

Uninsured/underinsured motorist (UM/UIM) insurance may help cover car repairs and medical costs for you and your passenger if the driver at fault doesn’t have enough or any auto insurance. Sometimes, these policies are sold as a package or separately.   There are 28 million uninsured drivers in the U.S. 1 in 8 motorists doesn’t have […]
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