Premium vs. Deductible
When the premium rises, the deductible decreases, and vice versa. This inverse relationship is determined by whether you pay less and more from out-of-pocket prior to going to your insurance company. Depending on your preference, what is more important is that you can afford to pay it.
Personal Liability and Personal Injury
Following an accident, the medical facility will ask you if you have health insurance. Make sure to add these options if you don’t have any, because it can pay for the cost of medical expenses after a car accident.
Insurance firms normally suggest specific coverage for some car owners. For example, new drivers such as teenagers are likely to make mistakes on the road. Add personal liability coverage that has a lesser deductible. Having said that, insurance coverage rates for teen drivers are typically higher because of the likelihood they lack experience.
Cars have rubber, electrical, and mechanical pieces. Any of these can malfunction at any time. Be ready by including rental and towing coverage.
If you do not cause the accident, the damage will be the legal responsibility of the other motorist. But, not all accidents are human error. There are natural disasters and other major catastrophes you will want insurance to cover. Make sure you have the right coverage to pay for the replacement or repair of your car in case of a major accident.
Condition of Your Car
If you have a car that is only two years old, it will likely not break down easily. In that case, you would not be using your towing coverage often. You can find some car dealerships that offer towing services for free, particularly for new vehicles that experienced mechanical breakdowns.
Make sure you know what options you would add to your auto insurance. At SunGate Insurance Agency, we aim to provide comprehensive insurance policies that makes your life easier. You can get more information about our products and services by calling our agency at (407) 878-7979 . Get your free quote today by CLICKING HERE.