You just can't avoid auto insurance. Everyone needs to insure something.
Isn't it better, then, to learn how to get the most bang for your buck when it comes to car insurance?
Not learning about insurance could cost you thousands of dollars or leave you exposed to nasty loopholes.
Here are a few things every auto insurance policyholder needs to consider.
- When involved in an insurance claim, always be as professional as possible. The people you are working with are people too, and you will see much more positive results if you are positive and professional. Your insurance company only wants to know the facts, not the emotions. Proofread all written material sent to them.
- Don't try to inflate the value of your car or truck. All this accomplishes is raising your premium. In the event that your car is written off or stolen, the insurance company is only going to pay the market value of your car at the time of the incident.
- If you want insurance companies to deal fairly with you, then you must do the same for them. You might be tempted to pump up your claim or say you lost more than you did, but if you do this, you will add fuel to their concerns about claimant fraud and they are less likely to deal with you in an honest way. It's the Golden Rule in action: report your loss fairly and honestly, with all the details needed, and accept what appears to be fair value if in fact that is what you're offered.
Auto insurance is a necessity of modern life. Whether or not you are happy with that fact, one way you can feel good about it is to save yourself a little money or improve your coverage without spending more.
Tips like the ones in this article can put a smile on your face by making you a smarter auto insurance customer!