Buying an auto insurance policy and forgetting about it is a common occurrence among motorists. It is certainly not one of the most exciting topics and it may not be fun to go through coverage details and requirements. Although it is much easier now online, drivers may prefer things like twitting and creating a Facebook profile instead of shopping for car insurance.
However, these are some of the things that need to be done to have a trouble free driving experience and claims. It is certainly not pleasant to find out after making a claim that part of it is not covered either. Again, finding out a few years later that you have been paying too much premiums all these time cannot be preferred.
The best source of information and advice about your policies is either your insurer or broker. It is not embarrassing not to know something but it is not advisable to keep quiet about it at all. You can quickly clear all the questions you have by asking them and getting answers. Today you can do this in several ways. You can call them or send a quick e-mail. Alternatively, you can browse search engines for appropriate answers.
Can you get lower car insurance rates?
As the time pass a few things changes in your circumstances that affect policy costs. Finally making to the age of 25 may save you considerable amount of money. In time traffic violation citations and points on your licence expire and get removed. This is a good time to have a word with your insurer to see if you could bring down the rates.
Also, further savings can be achieved by rearranging coverage. For example, you may have had a brand new car at the time you arranged the current policy. Looking at the current valuation and making alterations can save you further. Another good example is when your children leave home to start their own lives. They would have been pushing your premiums up. There is no reason to keep paying these high rates anymore and you can change it by calling your agent.
Sometimes it may take an initiative on your part to get the insurers apply better rates to you. To do that you need to check with alternative companies to see if you can get better deals. Then, you can take it up with your insurer and ask a simple question; “how is it possible that another company is able to offer you a better rate than the company you have been loyal so many years”.
This single question is quite suggestive and your insurer will get the right message. Namely, either they sharpen their pen and give you a good deal or you will leave. It is not hard to see it since you have already told that you have a better deal from somewhere else. If you are forced to change insurers to get the better deal so be it.
What are the discounts I am currently qualifying for?
This is a nice open ended conversation starter. It requires your agent to have a look at your records and particular and see if there is anything they could do about the premium. If this does not bring the desired outcome you could follow this question with “what else”. Saying things like “I was hoping to bring my costs down a bit” would be enough in most cases.
What other questions you may need to ask?
There are many other issues you could discuss with your insurer. As one of the top insurers say “they are on your side”. A good example would be to discuss your claim options. You may be hit by another car while you were stationary and the other side is not responding to your request for payment. Talking to your insurer may result in you making a claim on your own policy and let the carrier take care of at fault third party drivers or their insurers.
It is not in your best interest to be quite about things. You are paying your dues and you should get what you need out of your policies. Or you should know what you can and cannot get. Keep pushing for the best and you will find what the best is for you in no time.