When it comes to buying an automobile, whether used or brand-new, it’s important to shop around for car insurance prior to your purchase. A little research will help you determine what your insurance quote will likely be before you settle on a new car. The expert insurance team at Lafever Insurance Agency in Cookeville, TN, shares their best tips for new buyers.
4 Tips for Understanding Your Car Insurance
1. Know How It Can Affect Your Premium
A variety of factors affect your premium, like the type of car, your driving record, and your age. Your insurance premium will go up if you’re newer to driving, have had many accidents, or have a car without an antitheft system. Speak with your insurance agent to find out what will play into that quote.
2. Understand the Fine Print
Before purchasing a car, make sure you understand the details of your insurance policy, especially if it’s your first time buying. Choose your deductible and the coverage that best fits your needs. This will determine your monthly payment. Make sure you read the fine print and understand what level of coverage you have for different situations, like theft or accidents at fault.
3. Ask About Possible Discounts
You may be able to obtain discounts on insurance policies, so ask ahead of time to see if you qualify. If you’re young, showing proof of good grades or having passed a driver training course may help. For more experienced drivers, registering with AAA® or similar groups may help save you cash each month.
4. Know When Your Current Policy Expires
If you already have auto insurance, it may carry over to your new car temporarily. Check with your provider to make sure you understand when that expires—it may be within 24 hours. You should sure there isn’t a gap in protection between your two cars.
If you’re looking for car insurance in the Cookeville, TN, area, look to the team at Lafever Insurance Agency today. For more than 30 years, Lafever has provided comprehensive insurance options, from auto insurance quotes to affordable insurance for young drivers. Their team is committed to providing individualized care for your wants and needs. To learn more, call (931) 526-3377.