How to Save Money on Your Auto Insurance

You’re not alone if you’re confused about what type, or how much, automobile insurance you should have. There are literally hundreds of auto insurance companies writing policies offering a variety of confusing, misleading and possibly unnecessary coverage options.

You Need To Ask Questions To Get The Best (price and service) Insurance Coverage

How large of an insurance premium you pay depends on many important factors, so read the following carefully and consider your choices wisely. And remember, in most cases, you'll have to specifically ask about the rate reductions for which you may qualify. It’s been our experience that most insurance agents don't volunteer this information so remember to ask as many questions as possible. Your smart questions will save you money! Take a good look at the following factors and information.

Types of Insurance Coverage

Types of Insurance Coverage- Before we get started, here is important basic information about what types of coverage actually make up an auto policy. Generally speaking, your auto policy includes 6 different, but important, types of coverage. This coverage may be priced separately and/or be less expensive if purchased all together. You absolutely need to ask your insurance agent for a price breakdown. The types of coverage include:

Bodily Injury Liability

For injuries the policyholder causes to someone else.

Medical Payments or Personal Injury Protection (PIP)

For treatment of injuries to the driver and passengers of the policyholder's car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.