Here are five things they don’t tell you about car insurance:
- Where You Live May Determine Premium Prices
There is a bigger risk for people living in urban areas where there is a high crime rate. On the other hand, policyholders in rural areas pose a lesser threat with less traffic and fewer accidents. Moreover, how far you live from school and your job matters. Shorter mileage may cost you less premium rate.
- Expensive Car Does Not Equate To A Higher Insurance Premium
Compared to lower-priced cars, some SUVs may have better claim rates for accidents or theft, which will cost fewer premiums. That is why it’s important to check various models when you start shopping for a new vehicle.
- Ways To Get Discounts For Car Insurance
Installing an anti-theft system in your car, low mileage, and multiple vehicles are a few ways you can get discounts. Good driving habits may also award a value if the driver has no moving violations for three years.
- Car Insurance Is Important If Someone Borrows Your Car
Auto insurance follows the car, not the driver. So if a friend borrowing your vehicle accidentally hits another car, you will most likely be responsible for all damages done. Moreover, your collision insurance can help cover the costs of the damage to your car.
- Do Not Let Your Coverage Lapse
It’s tempting to cut costs when you aren’t driving for a while. However, you can incur penalties and pay higher fees when you let your insurance lapse. So contact your insurance company when you don’t have a plan to drive for a longer period.
The right car insurance can protect you, your family, and your passengers. Choose a car insurance company with excellent service and good ratings to save time and frustration.
At Honest Insurance Services LLC, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (215) 354-1600. You can also request a free quote by CLICKING HERE.