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Checklist for Auto Insurance - 13 Tips

1-Report any intended business use of your personal vehicle to avoid a potential denial of your claim.

2-Ignore state law...let us explain, purchasing only the minimum amount of insurance as required by the state is dangerous as it may not be enough to pay the high costs of a lawsuit filed against you should you cause an accident that hurts someone or damages property.

3-Don't forget that your financial security is more important than your vehicle and you can protect it with liability and medical payments insurance. Higher limits of liability, medical payments will protect you.

4-Buy uninsured and underinsured motorist coverage because 13% of drivers (as of 2015) had no insurance at all.

5-Make sure you have an umbrella policy that adequately covers your auto insurance policy. find out options from your agent about how an umbrella may exponentially increase your liability protection for little or no added cost.

6-Make sure your auto policy will pay for your alternative ride if your car is damaged and in the shop.

7-Raise your collision and comprehensive deductibles to lower your cost.

8-If your car is old and paid for, get an estimate of its actual value. If you can, drop physical damage coverage to save some bucks.

9-Always ask about insurer discounts. Having good credit, taking safe driving courses, bundling with home owners are all potential ways to save.

10-An insurance company that offers telematics or usage based insurance technology could save you money.

11-Keep your eyes on the road, according to enddd.org at least 15% of crashes and 58% of teen crashes are attributable to driver distraction.

12-Use tools on your phone to help you avoid temptation. Program your phone to not disturb when driving.

13-Purchase the damage waiver if you rent a car. Ask you agent about limitations in your auto policy if an accident takes place in a rental car.

Thanks to our friends at Trusted Choice for these 13 Tips!

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218-862-4444 (phone)

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patricia.johnson@fnbhenning.com

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