Choosing Car Insurance

Charles Goodman Group: Friendly Insurance Brokers of Chappaqua NY

Selecting the right auto insurance is on the minds of many new and long-time drivers in the world today. An auto insurance policy will cover accidents, injuries and other issues that arise as the result of a driver. Sometimes called accident insurance, the policy will kick in when the covered driver has an accident involving another driver on the road or a pedestrian. Before meeting with a Chappaqua insurance agent, drivers may want to give some thought to what they should look at when selecting a policy.

One of the first things to look at is the coverage and deductibles on that policy. The deductible is the amount of money that the covered driver will need to pay out of his or her pocket before the insurer covers any additional amount. For example, a motor vehicle accident may lead to $10,000 in medical bills and $5,000 in car repair bills. The covered driver will need to pay a specific amount before insurance covers the rest. The deductible may range from a few hundred dollars to more than $1,000.

The size of the deductible also varies based on the amount that the driver pays for insurance. Most insurers today charge a premium, which is a monthly or yearly rate that customers pay. A policy with a higher deductible usually costs less each month, but those who pay more every month will find that their deductibles are lower.

The insurance agent experts at the Charles Goodman Group of Chappaqua NY can assist you with any questions regarding health insurance or life insurance.

Many will also want to look at whether the insurer offers any discounts. A common discount is available for those purchasing a policy that covers multiple vehicles or multiple drivers. Often called a multi-driver discount, these policies cost less than buying separate policies for each car or driver. Other discounts are available for those who are members of select clubs and organizations and those who maintain a clean driving record for six months to one year.

It is also important that those searching for new car insurance compare rates, especially if circumstances have recently changed. Purchasing a new car, moving to a new area or getting married can all lead to a change in rates. Those who comparison shop and request rates from different insurers upfront can save themselves more.

Insurance brokers often work with multiple insurers and can give customers rates from some of the top companies. The brokers will ask a series of questions and input that information into a computer, which will give them estimates from each of the leading insurers. Using that information can help customers get the best auto insurance policies at the best prices.