Auto insurance should be a priority for all vehicle owners. It will give you financial protection in the case of an accident, and the level of coverage will vary depending on the plan you choose.
The economy has changed recently due to the COVID-19 pandemic, and budget restrictions have seen households look for ways to reduce their expenses. Now is a good time to assess your auto insurance and determine whether you have the right solution for your needs.
If you are looking for a new auto insurance plan, here are our top tips to get you started.
Support for Your Family
When you select an auto insurance plan you should look for one that offers the coverage you need, based on your lifestyle. Some companies will give you a family discount, which can help to protect younger drivers on the road.
If you regularly have passengers in your car, you’ll want to choose a plan that covers any of their medical-related expenses, in case of an accident. You may also want to look for options such as personal injury protection and uninsured protection.
The Full Package
These are uncertain times, and safeguarding your health and finances can be beneficial. If your car is an old junker, you may want to only carry liability insurance. This is usually really affordable, and it’s the state’s minimum requirements for driving. Liability coverage helps with financial expenses relating to injuries or property damage if an accident is your fault. However, your damage won’t be covered.
When your auto insurance has both comprehensive and collision coverage, you won’t be risking your main mode of transport. Full coverage insurance, as this is commonly referred to, is recommended for most drivers. This insurance may also pay for damage caused by accidents, fire, weather events, vandalism, or theft.
Online Access
If you do need to make a claim, it should be a smooth and transparent process. Choose an auto insurance company who makes this easy, regardless of the time of day or night. An online claims center will help you avoid long waiting times, and you can see the progress of the claim as it’s updated.
Some insurance companies have a dedicated app where you can get quotes and make changes to your policy, at a time that is convenient for you.
Payment Flexibility
With many families facing financial stress, insurance companies such as USAA are showing their support. If you’re having difficulty paying for your auto insurance, don’t be embarrassed to approach the company and ask for other options.
USAA gives discounts for those in the military, and payment flexibility for customers who need it. Your new policy can start instantly, and you can choose a payment schedule that suits your unique situation. The good news is, there are no additional costs associated with this flexibility. For those that own your own home, you can combine homeowners and auto insurance plans to receive a special bundle deal.
Benefits for Safe Drivers
Safe drivers deserve to be rewarded, and the way you drive could save you money on your auto insurance policy.
If you’ve been with your insurance company for several years, you should check to see whether there are additional advantages. For example, you could receive a discount as a safe driver, or free accident forgiveness if you haven’t been at fault over time.
Choosing Auto Insurance
The new economy has resulted in financial hardship for many families. Auto insurance will give you peace of mind that you are protected if an unfortunate incident does happen.
Now is the time to reassess your policy, as it could save you money both now and in the future. Make sure you have the right coverage and get any applicable discounts based on your unique circumstances.