Maria Grant - THE INSIDER'S GUIDE TO AUTO INSURANCE

• What’s involved in the claims process (just in case!) • And how to deal with any other issues that may come up You’ll also learn why your best bet is working with an indirect insurance professional like me. (And don’t worry, I’ll explain what exactly “indirect” means in the coming pages.) Now, before we move on, I want to tell you a real-life story about why it’s so important to have the right insurance—not just the least expensive. (As in all stories in this book, names have been changed for privacy.) Parker was driving on the freeway when another driver unexpectedly pulled over into his lane, causing a crash. Parker’s car was totaled, and he suffered multiple bone fractures. The other driver didn’t have insurance, so Parker reached out to his insurance. That’s when he found out his policy didn’t cover the total cost of the accident. This meant he would have to continue making payments on a car he couldn’t drive. In addition, he had some expensive electronics in the car that were also damaged beyond repair. His insurance didn’t cover them at all, so he had to find the money to pay to replace them, as well—to the tune of thousands of dollars. Parker’s is a cautionary tale of why it’s crucial to make sure that you have the right amount of coverage—and that you understand what your policy covers. This sometimes means that paying a slightly higher premium is worth it for your peace of mind and financial security. But don’t worry—there are a lot of factors that go into your premium cost, and I’ll explain all the ways you can bring them down in future chapters. By the time you finish this book, you’ll know how to get the coverage you need for the lowest possible price!

So, let’s get started, shall we?

3

Powered by