What to look for in Auto Insurance Policies

It’s the law: anyone owning and operating a vehicle has to insure the vehicle. But selecting the best coverage from among the scored of auto insurance policies available to today’s consumers can be confusing.

Sponsored Results For: Coverage and deductibles are important, but there are many other factors to consider when purchasing auto insurance policies to make sure you’re getting the best deal for your money. These tips can help you save money while still retaining the coverage you need to keep you safe – and legal.

1. Ask about the claims process. Does the policy pay for name brand auto parts or only generic parts? Will repairs need to be performed at specific body shops or can you select your own repair shop? And if you have to use a body shop recommended by your insurance company, be sure to ask how the shop was selected: is it based on merit, or does the company simply included shops that pay them a fee for inclusion on their list of shops?

2. Customer service. When you have a car accident, it's a stressful time. You want to be sure your insurance company is there to help and protect you. Check online reviews to be sure your company ranks high in customer service. You can also check with the National Association of Insurance Commissioners and the Better Business Bureau to see if any serious complaints have been filed.

3. Ask about discounts. Most insurance companies offer discounted premiums for safety features like car alarms and window etching, and some still offer discounts for anti-lock brakes. If you have a student on your policy, make sure the insurer knows about their good grades. And if your child is away at college, remove them from your policy until they’re home again. If you have any points on your license, ask about discounts for driver safety classes.

Auto insurance policies offer a wide range of premiums, deductibles, discounts and benefits. Keeping these tips in mind will make your selection process smooth and budget-friendly.