Insurance Questions – Common Questions With Answers
logical, informed consumers are always wiser consumers. As a result, if you are not already aware of some of the innumerable occurrences and issues concerning insurance, it may be worthwhile asking your insurance agent or contacting your insurance company for clarification. Note that, typically, most insurance companies will take the time to help explain any confusing subject matter, terminology or concepts to your satisfaction.
Medical Payments Coverage
This type of coverage is designed to pay for medical bills sustained in connection with an automobile accident. It also covers related medical costs, such as rehabilitation, lost wages and even funeral costs. This policy will cover your co-passengers as well as passengers in your vehicle and any family members who reside at your home.
Comprehensive Coverage
This policy goes above and beyond the basics, by offering coverage for events unrelated to collision, such as vandalism, theft, fire, Weather events and “acts of God”. Coverage is offered for events such as these is typically limited by the terms and conditions contained in your policy.
Underinsured Motorist and SR22 insurance
This type of coverage is designed to protect the consumer in the event that the negligent party does not have adequate insurance. Be sure to consider the cost of SR22 insurance. In particularly, this type of insurance is often targeted by those who have insurance, but not enough. Uninsured Motorist is not often mentioned in the standard policy, unless the consumer asks for coverage.
Rental Reimbursement
This type of coverage is designed to protect the consumer in the event that the negligent party’s insurance does not cover or does not have the coverage to pay for the physical damage to the vehicle that is involved in the accident. In addition, this coverage is often extended to the rental vehicles, but not always included in the policy.
Emergency Roadside Service
This can be optional, or included with a policy. It is not generallycheap, but it can be very advantageous in the event that your vehicle has a breakdown. It is important to consider whether or not you will need this coverage in the event of a breakdown, because there is no guarantee that you will!
Once you have decided which coverage types you need, you will need to shop around for the best price. You can do this easily by shopping for your policy online. You will be able to compare a variety of quotes without having to leave your home.
Reputable carriers are essential for your protection. They are important to know that they provide the coverage you need to protect you in case of an accident. As an added benefit, they will provide you with an extra plan in case you are injured and unable to go to their regular doctor.
Look for quality family doctor referrals, and don’t hesitate to ask for referrals from yourula family or friends. They may have experienced different quality care and may know of no other doctor who would treat you with as much care as they would.
Your agent is an important guy or gal. Let him know of any injuries you are considering not to report to prevent your rates from being increased. Remember that he has to be informed of any claim you make for medical benefits.
Do not hesitate to use your agent to get a binding offer when you are comparing auto insurance rates. 104 of the top insurance companies have customer service numbers with the numbers you would recognize and the proper way of finding out which company to use.
If your agent is not to your liking, or he or she is unwilling to act on your behalf, you have the right to find another agent.