How much do you really know about your auto insurance in Auburn, Bay City, Midland, Oscoda, Saginaw, Tawas City, MI, and the surrounding areas? The less you understand about your auto insurance, the more likely it is that you are paying more than you should, or that you don’t have the right protection in place. At Safeguard Insurance Agency our team of independent insurance agents can help to explain each portion of your auto insurance and explain how each of them work should you ever need to use your auto insurance. While auto insurance isn’t like doing calculus, it still does have several moving parts to it, and if you are like most people, you also want to have a low cost as well. And the minimums that are required by law really aren’t high enough in most cases to cover the costs of an accident, so drivers would be on the hook for the difference. Contact us today to review your current auto insurance to see if there are gaps in your coverage.
Your Vehicle Color Doesn’t Matter
While this might be an obvious statement, there are some who believe the myth that vehicle color is used when determining insurance rates. However, there are plenty of different factors that can influence the auto insurance rate that you pay, and it is important to know what those are and if you can do anything about them. While each insurance company is different, some use credit scores, driving record, age of the vehicle, type of vehicle, and other factors in determining your insurance rates.
Because of these differences, it pays to work with our independent insurance agents who can shop the market of insurance providers to find auto insurance that is less expensive. One aspect that people have a direct influence on rates for is their deductible. If someone is willing to shoulder more of the financial cost of repairs from a vehicle accident, their insurance rates will be lower.
Knowing The Different Sections of Auto Insurance
Uninsured motorists, liability coverage, collision coverage, comprehensive coverage, and the other sections of an auto insurance policy all deal with different scenarios. An accident that was your fault, a collision with an animal such as a deer, a thief stealing items out of your vehicle, and other scenarios each trigger different portions of your auto insurance coverage, but if you don’t have some of those optional coverages then you will be responsible for paying all of the costs.
Auto insurance is an important protection and risk mitigation tool in Auburn, Bay City, Midland, Oscoda, Saginaw, Tawas City, MI, and the surrounding areas. It is important to take the time to review your auto insurance policy with our team at Safeguard Insurance Agency regularly to ensure that you have the right coverage for your vehicle. Contact us today to learn more and schedule a review of your policy.