car insurance

Don’t Make These Common Car Insurance Mistakes — They Could Really Cost You

If you have a car, you need auto insurance to keep it protected against accidents. When you need this coverage, you can fill out an auto insurance application to get started. You may want to get a few auto homeowners insurance quotes if you own a home and want to bundle your insurance policies. This can often result in a better rate for both. Once you have some auto insurance broker quotes, you can compare them and fill out your application to apply for the cheapest of them.

If you want to make sure you get the best insurance, you can research auto insurance companies ranked from worst to best by consumers. There should also be stand-alone reviews of each of the major insurance companies to further help you to make your choice. When you find the insurance companies that you will choose, you can also ask them if they will bundle any other types of insurance with your home and/or auto policies. It can be helpful to have as many as possible bundled to get you a lower price.

On average, a driver will have an auto accident claim once every 17.9 years, but many drivers have to file a claim more often. If you’re looking for reliable automobile insurance, it’s important to navigate the process carefully and know the facts. Unfortunately, it’s easier than you think to make mistakes when looking at car insurance companies, but informing yourself of the facts can help you make the best decisions based on your specific needs. Here are just a few mistakes you don’t want to make when looking for car insurance.

Not researching enough providers.

As is the case with any type of insurance, it’s important to gather quotes from a sufficient number of potential providers. And don’t just compare the rate — compare the extent of coverage. Even if you’re in a hurry to get insured, it’s always better to invest a bit more time, in the beginning, to ensure you’re getting the coverage you need at a cost you can afford.

Not evaluating your needs and being ready with relevant information.

The three most common automobile insurance claims are fender benders, theft, and whiplash. That being said, it’s critical to have the relevant information you need in order to receive an accurate quote. This includes the specific details about your vehicle, your driving habits, and your address. It also helps to try to calculate a rough estimate of the number of miles you drive each month.

Being dishonest on your auto insurance application.

Finally, make sure to be 100% honest when it comes to filling out these critical details. Dishonesty will never work out in your favor:

“Whatever you do, don’t lie to your auto insurance company when you are getting a quote or making a claim. Doing so can leave you uncovered in case of an accident, cause them to cancel your policy, and put your ability to get a policy in the future in jeopardy…Insurance companies have access to DMV records, so not telling the full truth about your accident history or driving record will be found out,” writes John M. Vincent on U.S. News.

Ultimately, there are approximately 6 million car accidents in the U.S. each year, and being aware of the selection process can help you choose a provider you’ll feel safe and satisfied with each and every time you get behind the wheel. For more information about types of insurance, contact us today.