Auto insurance is probably the most confusing type of coverage that you can purchase. It’s one of the most important, but it can be frustrating trying to decipher all of the various types of coverage and terms that they throw at you.
Auto insurance is required by law, but it’s vital that you have the protection that you need. Not having adequate car insurance could leave you with some massive bills or repairs that you’ll be responsible for. This article is going to look at the different factors that you should compare when you’re looking for auto insurance.
At Longevity Brokers, it’s our mission to provide the Denver, Colorado area with the perfect insurance coverage. We help our clients find the most affordable homeowner’s insurance, auto insurance, and much more. This article is going to look at some of the ways that you can get quality car insurance at a low price.
Buying Life Insurance – What You Should Know
Before you purchase life insurance or decide which company to choose, you should take the time to research your state’s requirements for insurance coverage. Each state is going to have different minimum amounts of coverage that you’ll need to have. You need to make sure that you at least purchase enough coverage to meet those thresholds. In Colorado, there are several requirements that you’ll have to meet if you want to drive legally. Colorado law states that you’ll need $25,000 per person for bodily injury, $50,000 per accident, and $15,000 per accident for property damage. Additionally, you’re going to need some uninsured motorist coverage well, at least $25,000 per person for uninsured/underinsured motorist and an additional $50,000 per accident.
The next thing that you should do is take a look at your finances and decide how much that you can afford to spend on auto insurance every year. Depending on the type of coverage that you buy and how much additional protection that you purchase, your monthly premiums could start to creep up and up. Your auto insurance plan shouldn’t stretch your budget too thin.
If you currently have auto insurance, you need to look at your current policy and see how much you’re paying for that coverage. If you’ve had the policy for several years, you probably haven’t taken a look at your plan recently. You could be paying way too much for your coverage or have additional coverage that you don’t need anymore.
Now that you know how much you can spend and how much coverage that you need, you can start calling insurance companies. Every company is different and has different rating systems that they are going to use, which means that you’ll get drastically varying rates depending on the company that you choose. Finding the perfect company is the difference in getting an affordable policy or one that breaks your bank.
One way that you can narrow your search is to do some research beforehand. Thanks to the Internet, shopping for an insurance policy has never been easier. Before you choose a company, look up some reviews on what their current customers or previous policyholders have said about the coverage, the policies, and the customer service. The best way to learn about a company is to see what other people have said about them. Remember that when you’re looking at reviews, that there are always going to be some disgruntled customers that have negative things to say. Take all of the negative reviews with a grain of salt. Instead, look for any trends in the complaints that you see.
Once you’ve contacted some companies and received some quotes, then you can decide which one is going to offer you the lowest rates. After that, you can contact that company and ask for any additional discounts that you can get. Most companies will have some additional discounts that you can receive. It could be anything from a multi-policy discount to a low-mileage discount. It never hurts to ask.
Working with an Independent Insurance Agent
All of that can be rather confusing and time-consuming, but that’s why we are here to help. At Longevity Brokers, we want to help you find the lowest rates possible and to ensure that you’re getting quality insurance.
Unlike a traditional insurance agency, we are a group of independent insurance agents, which means that we don’t work with one single company. Instead, we represent dozens of highly rated companies across the country, and we can bring all of the best premiums directly to you.
Not only can we provide you with the lowest possible rates, but we can also answer any questions that you have. Our agents have years and years of experience working with all types of clients, and we know which companies are going to offer you the best auto insurance rates to meet your needs.
If you have any questions or you need help picking an auto insurance company, please contact one of our experienced agents today. We would love to answer those questions and connect you with the best possible plan to meet your needs.
You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the insurance coverage that you deserve. While you might be a safe driver, not everyone on the road is. One of the worst things that could happen is for you to be in an auto accident and not have proper life insurance. You could be saddled with massive repair bills or hospital fees. Contact us today, and we can get the process started. You can use our contact page or call us at (720) 209-4598.