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Oct
24
4 Things to Remember When Shopping for Automotive Insurance

4 Things to Remember When Shopping for Automotive Insurance

Most people buy auto insurance to avoid paying for expensive repairs out-of-pocket. But car insurance is an umbrella term that covers many different types of automotive emergencies, including:

  • Medical and fatality insurance related to auto accidents. The right type of policy should cover everyone in your vehicle and anyone injured outside of your car.

  • Liability coverage. Accident-related lawsuits are the most common type of litigation in the US – far ahead of divorce or malpractice. And car-related medical expenses are a leading cause of bankruptcy.

  • Automotive theft. According to the FBI, approximately 700,000 cars are stolen every year – or roughly 1.3 cars per minute. In monetary terms, this represents over $4 billion in losses annually.

Some policies don’t provide complete coverage for all of the above. And as a responsible driver, you should avoid these types of insurance agreements. No one knows when injury, accident, or theft will occur (and few believe these things will ever happen to them). But just in California alone, there are hundreds of thousands of auto accidents every year – roughly 3,000 of which end in fatality.

Why The Right Type Of Automotive Insurance Matters

Statistically speaking, the chances of serious injury are quite low. If and when you do exercise your policy, it will most likely be to repair fender benders. Don’t be fooled however – even minor dents can be costly if you have to pay out-of-pocket. This is especially true if you accidentally damage another driver’s vehicle.

This is why full coverage is crucial.

Although the probability of major damage is small, the potential costs of repairs, litigation, and medical bills aren’t worth the risk. So as you begin shopping around for auto insurance policies, here are 4 essential tips to keep in mind.

Always look for:

  1. Insurance companies that offer complete coverage with transparent pricing. Tragedy can strike at any time, and the last thing you want to do is get bogged down by details and loopholes. Look for policies with unambiguous language and clearly defined rates.

  2. Insurance providers who have very clear steps about how to file and settle claims. Similar to the point above, the goal is to stabilize and resolve the situation as quickly as possible. Avoid insurance companies that erect unnecessary hurdles during the settlement process.

  3. Insurance providers that can customize a policy to suit your needs. Although auto insurance is an umbrella term, it isn’t one-size-fits-all. Some drivers want lower deductibles – others prefer lower premiums. Do you have any teenage drivers in your family? Do you qualify for student policies? Does 6 months of coverage make more sense than a 12-month contract?

  4. Insurance companies that have relationships with local auto shops and gas stations. This is especially important if you already have a favorite mechanic in the area. If you’ve ever visited a doctor outside of your healthcare network, you already understand the importance of this tip.

Need Help Finding The Right Auto Insurance For Your Needs?

At Huntington Pacific Insurance Agency, we specialize in helping drivers find the coverage they need – regardless of budget or driving history.

Whether you want to protect yourself from accident, injury, theft, or litigation, contact us today to connect with one of the carefully screened providers in our network.

This service is 100% free. Call us at (714) 841-6283 to request your no-obligation Huntington Beach auto insurance quote today.