Danis Insurance Center

When you buy car insurance, it is important to keep a cool head. You must understand the basic concepts of auto insurance before you go out and shop. You should also realize that insurance companies have different price structures that relate to the kinds of people they would prefer to insure. Most insurance companies prefer to insure people that are married, educated, and who have not made a claim, or had any speeding tickets in the last three years. The following are five “DON’T’s” when buying auto insurance.

Don’t Purchase the First Quote
Shop around! It may be unpleasant to keep give out personal information over the phone, but as long as you stick with reputable companies, your information should be safe. Also, if you have a clean driving record, and decent credit, you should not have to provide your social security number to get a rate quote.

Don’t Over-Insure Your “Beater”
If you have a car that is old and rusty, and not worth much money, do not carry full coverage insurance. You can go with liability only insurance, which will protect you for bodily injury liability to others. So, if you hit someone, you will still be protected against lawsuits, but you will not have a collision deductible.

Don’t Get Scammed by Your Current Carrier
If you are a loyal customer, and have been with the same company for many years, demand an annual policy review. If you do not know who your current agent is, call your local office and ask to speak to one of the senior representatives. That way they can take ownership of your insurance account, provide you with a free review, and advise you on any discounts that might be available to you now that were not available back when you purchased the plan.

Don’t File Small Claims
If you have a minor accident that does not do too much damage, shop around at some body shops to see what repairs will cost. If the repair estimate is lower than your current collision deductible, then pay for the damage out of your own pocket and do not file a claim.

Don’t Carry Auto Insurance and Home Insurance with Different Companies.
Many people do not know this, but many insurance companies offer multiple-line discounts for home and auto insurance. If you have homeowner’s and auto insurance, make sure that they are with the same company and that the multiple-line discount is being applied. Also, when you shop around, make sure you get quotes for auto and home insurance at the same time.