Archive for February 2014
Auto Accidents: Top 9 Mistakes When Buying Your Auto Insurance MISTAKE NINE: Blindly Renewing Your Policy
Face it. Most people are lazy. When it comes time to renew our auto insurance, most of us simply buy the same coverage we had last year. That’s a mistake. Situations change, and you need to take that into account when renewing your insurance each year. Your finances may be in a little better shape…
Read MoreAuto Accidents: Top 9 Mistakes When Buying Your Auto Insurance MISTAKE EIGHT: Thinking That You Are "Fully Covered"
I often ask clients who have been victims of car wrecks what type of coverage they have. Most respond that they are “fully covered.” What does that mean? Too often, people who tell me that they are “fully covered” aren’t fully covered. They usually only have the minimum liability limits required by law. But they…
Read MoreAuto Accidents: Top 9 Mistakes When Buying Your Auto Insurance MISTAKE SEVEN: Lying To Your Insurance Company
When you fill out your insurance application, you’re asked to provide a lot of information to your company. You may be asked about your driving history, how many miles you drive per month or year, your home address, where you park your car overnight, and more. Studies show that a significant number of people provide…
Read MoreAuto Accidents: Top 9 Mistakes When Buying Your Auto Insurance MISTAKE SIX: Not Looking For Discounts
If you’ve read the other mistakes, you know I think people spend too much time looking at price when deciding what insurance to buy. But I don’t think people spend enough time looking for discounts. Once you have narrowed your search of insurers down to two or three respectable companies, do your homework to consider…
Read MoreAuto Accidents: Top 9 Mistakes When Buying Your Auto Insurance MISTAKE FIVE: Picking The Wrong Insurance Company
If you pick the wrong insurance company, you increase the likelihood that you’ll end up fighting them if you ever need to make a claim. Similarly, if you cause an accident and hurt someone, having the wrong insurance company could increase the likelihood that you end up being sued. Too many people end up with…
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