Craig Speck - Auto Insurance

DOS, DON’TS, AND THINGS TO CONSIDER CHAPTER 16

I know this book covers a lot of material. So, consider this chapter as a bit of a summary that highlights some of the most important points regarding insurance, accidents, and claims. It also includes a few bonus tips to keep in mind. DO… ; ; Do let your agent, broker, or insurance company know immediately if you get a new car, move, your credit score changes significantly, or if you have other life changes that could affect your insurance. ; ; Do think about the overall cost when figuring out your policy, including what you might have to pay out of pocket if your limits are too low. ; ; Do make sure you understand what your insurance covers — and what it doesn’t. ; ; Do see if you can afford to pay for minor damage out- of-pocket so you don’t have to file a claim and possibly cause your premiums to increase. ; ; Do investigate your agent or broker’s reputation and make sure they are knowledgeable, act professionally, and treat you with respect. ; ; Do be genuinely concerned about other people in an accident.