5 important things to know about auto insurance

Whether you have a new beauty or an old beast, you should have car insurance if you plan to drive on the roads. Before you run away and choose the cheapest option, there are a few important things you need to know…

Whether you have a new beauty or an old beast, you should have car insurance if you plan to drive on the roads. Before you run away and choose the cheapest option, there are a few important things you need to know so you don't get burned later.

Consider the danger of lows

Car insurance can be expensive, but be careful before you just choose the cheapest option. Lower rates are usually associated with lower minimums, which can result in you having to pay out of pocket if your insurance coverage doesn't cover the full cost of repairing another car. You will also need to find out from your state what the minimum requirements are and then go up a little higher.

Franchises Matter

When you opt for a higher deductible, you often cut auto insurance rates significantly. However, take the time to review your finances. If you were in an accident, would you have $1,000 on hand to use to pay for repairs until the deductible is paid off? As a general rule, most cannot afford to get out of pocket in the event of an accident, so take on a smaller deductible to protect yourself even more later.

What's included

You will need to read the available plans carefully to see what is covered. One important thing to consider is whether insurance provides a car loan. If not, you will be left without wheels until yours is fixed, unless you have another vehicle. While most of them charge extra for the service, it's usually cheaper than renting a car on your own.

Misses can cost you

If you shop, make sure you do so before your current car insurance expires. Terminating one policy before starting another can result in higher rates. It may also cause some providers to deny you coverage as well.

Supplier Cancellation

Your insurance company may cancel or refuse to renew your policy at any time. If you lose your license, file too many claims, or they find that you lied about something in the app, the company may reject you. Make sure you are telling the truth and are not trying to take advantage of the system by making repeated claims.

Car insurance is a requirement, but it also protects you and your property if you ever get into an accident. If you have an accident, even a minor one, contact AvtoTachki for a safety check to make sure there are no major problems.