Car insurance protects you from financial loss in the event of an emergency, so you should consider your needs carefully when crafting a policy. Harold D. Miller Insurance Agency in Greenup, KY, offers a few points to keep in mind so you can determine whether your insurance is sufficient. Since 1958, their insurance agents have helped residents of Greenup County choose the right home, life, auto, boat, and umbrella insurance policies to protect what they value most.
4 Key Car Insurance Considerations
Do You Need More Than The Minimum?
Most states have minimum requirements for car insurance, but you might need more than that. For instance, most banks require you to buy collision and comprehensive coverage before they will initiate a car loan. Even if no lienholder exists, you should protect yourself against financial loss, especially if your vehicle is worth a lot of money.
Should You Choose A Higher Deductible?
A higher deductible means you’ll have lower monthly premiums but also will pay more if you ever file a claim. Consider your driving safety record, neighborhood, financial situation, and vehicle value when setting your deductible amount.
Does Your Policy Cover Loaner Vehicles?
If your vehicle suffers damage and requires repairs, would being without it cause difficulty? Include loaner vehicle coverage if you can’t be without a car for a week or more since long-term rental costs can be expensive.
Do You Qualify For Discounts?
Ask your car insurance agent whether you are eligible for discounts. Many insurers reduce premiums for drivers who have completed a safety course or own a vehicle with safety features like airbags and antilock brakes. You also could qualify for a discount if you bundle your car insurance with homeowners and life insurance policies from the same insurer.
Harold D. Miller Insurance Agency in Greenup County has the expertise to help you choose a plan that fits your budget and lifestyle. Visit their website for more information about their car insurance policies, like them on Facebook to receive updates from the agency, and call (606) 473-6211 to discuss your insurance needs with a friendly professional.