How To Get The Most From Your Auto Insurance Policy

When you operate a business from your home, you need to know if it is covered under your homeowners insurance policy. Click for more.

How To Get The Most From Your Auto Insurance Policy

How To Get The Most From Your Auto Insurance Policy

5 January 2022
Insurance, Blog

If you want to have better protection and avoid certain legal troubles while you drive, you should have an auto insurance policy that gives you adequate coverage. Here are a few things that you can do to maximize the perks of having a comprehensive auto insurance plan.

Consider Paying Higher Deductibles

You won't have to worry as much about your monthly premiums eating away at your budget if you choose a plan with a higher deductible. If your vehicle gets wrecked in an accident or damaged in some other way, you'll need to pay higher out-of-pocket costs before the insurance company will pay for the rest if you get a high-deductible policy, but you'll likely pay less each month for coverage. However, if you're considered to be a safe driver with an excellent driving record, a high-deductible auto insurance policy may be right for you.

Find Discounts Wherever Possible

You can still enjoy maximum insurance coverage and pay less by taking advantage of as many discount opportunities as possible. If you're in the military or work as a federal employee, you may automatically qualify for a discount. You should also check which clubs and associations you have memberships with so that you can possibly reduce your premium amounts by simply being a member. Discounts for students and families are often available as well. If you don't have to drive your vehicle often, a low-mileage discount may be offered to you. 

Make Your Vehicle Securer to Save Money

Your insurance company may also offer you a discount on your plan if you install security devices on your vehicle that are meant to stop car thieves. A standard alarm system for your vehicle can give the insurance provider more confidence that your vehicle won't be taken by thieves and that you'll be less likely to file a stolen vehicle claim. An ignition shutoff device and a GPS tracking system are other great security features that can help you get the most insurance for as little money as possible. Even a steering wheel bar may earn you a discount. 

Enroll in a Bundle Plan That Includes Other Insurance Policies

Not only can you save money when you get your auto insurance policy as part of an insurance bundle, but you'll have more insurance coverage for other areas of life. You can possibly bundle your auto insurance with a great home, rental, or condo insurance plan. You may also be able to bundle coverage for multiple vehicles into one affordable plan if you have more than one vehicle.

You're already required by law to carry at least some auto insurance coverage, so why not get the most from your policy by finding ways to save money and extend your coverage limits? An insurance agent can enroll you in an auto insurance policy that works for you.

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your home business and homeowners insurance

When you operate a business from your home, you enjoy the benefit of not having to commute to a busy office every single day. One thing that you may not have considered is whether your home business is covered under your current homeowners insurance policy. If you have expensive equipment, inventory and files stored in your home, you may need to add a rider to your insurance policy to ensure that you are covered. Find out more about how a home business can impact your homeowners insurance policy and whether or not you are protected as your policy stands today.