Questions to Ask Before Securing Auto Insurance

Auto insurance is required in most states to protect the physical, mental, and financial health of those on the road. Both personal auto and commercial auto policies offer essential protection against costly claims associated with damage, theft, personal injury, and other liabilities. While you may understand how important it is to secure adequate insurance coverage for you, your family, or your business — do you know what questions to ask when making insurance policy changes?

At Doeren Mayhew Insurance Group, we offer our clients specialized expertise to make insurance policy modifications easy to understand, saving them time and money. If you are considering new auto insurance coverage, consider these important questions before securing a policy. Then, consider scheduling a consultation with a Doeren Mayhew insurance agent to review your coverage needs to ensure adequate coverage that will protect your financial health.

What are the legal obligations for auto insurance in my state?

Arm yourself with current information about the minimum coverage required by law in your state before deciding what kind of coverage you need. It’s common for many states to require liability insurance which provides coverage for those injured or killed in an accident that you, the driver, caused. However, some states mandate that additional coverage plans be purchased that may include collision, comprehensive, or personal injury protection.

Who will be covered?

Different auto insurance policies offer coverage for drivers, passengers, employees, clients, or non-family members who may borrow insured vehicles. It’s important to consider the different potential circumstances in which someone may be operating or otherwise be part of an auto insurance claim before securing the right policy.

Which factors contribute to the annual premium?

Auto insurance premiums are determined by considering a number of variables including the type of car you drive. Your driving record informs your risk profile which is a factor in calculating your payments as well. Other considerations are where you live, your age and gender, and the type of coverage you need.
How much is my deductible?

The deductible is the amount of out-of-pocket money you, the insured, will need to submit if a claim is filed before the insurance coverage kicks in. It is commonly the insured’s choice to select the deductible amount. You may choose a higher deductible and lower monthly payment or, conversely, a lower deductible that comes with a higher monthly payment.

Am I eligible for any discounts?

As mentioned above, different types of cars are more costly to insure. On the other hand, vehicles outfitted with built-in security features such as anti-theft devices or anti-lock brakes may be eligible for car insurance discounts. Be sure to ask about alumni benefits, membership discounts, or safe-driving deductions that you may qualify for before securing your next auto insurance policy.

Does the policy include 24/7 roadside assistance?

If you or someone on your policy gets into an accident, it’s imperative that your insurance carrier provides reliable 24/7 claims service. Also ask about roadside assistance benefits that may be covered under your auto insurance policy, including towing, jump starts, fuel delivery, lockout services, and tire changes. These types of services can be costly so be sure to inquire about comprehensive roadside assistance when shopping around for the best auto policy.

From the different types of coverage, to the cost of annual premiums, there are many things to consider before purchasing auto insurance for commercial or personal vehicles. Contact one of our trusted insurance brokers to learn more about how to choose the right car insurance plan. Our personalized consultations will save you time and money — now and in the future. We look forward to serving your needs!