Very often I hear people say
“I have my car insurance and home insurance a in a package,
therefore I must be getting the best deal.” The reality is that this is not
necessarily the case.
Some Insurance companies have convinced consumers that by bundling all of
their insurance products with one company, they will get the best rate.
The reality is you may be paying more by having everything combined.
Insurance companies know customer are less likely to change when all the products are bundled.
Therefore, insurance companies may justify increasing your rate for your home insurance while
keeping the same rate for your auto.
TAKE A LOOK FOR SAVINGS ON AUTO AND HOMEOWNERS INSURANCE
Married Couple in Las Vegas, NV 89118 2 cars full/cov & home $146 Monthly
Married Couple in Las Vegas, NV 89139 2 cars full/cov & home $132 Monthly
Married Couple in Las Vegas, NV 89147 2 cars full/cov & home $167 Monthly
Married Couple in Las Vegas, NV 89149 1 car full/cov 1car liability & home $110 Monthly
Married Couple in Las Vegas, NV 89117 1 car full/cov 1car liability & home $128 Monthly
TAKE A LOOK FOR SAVINGS ON AUTO INSURANCE FOR YOUNG DRIVERS
19 Single Female in Las Vegas ,NV 89118 on 2003 Nissan Altima Liab. $120 Monthly
20 Single Male in Las Vegas ,NV 89139 on 2001 Ford Pick-up Liab. $180 Monthly
23 single Female in Las Vegas ,NV 89147 on 2009 WV Jetta Liab. $110 Monthly
TAKE A LOOK FOR SAVINGS ON AUTO INSURANCE FOR DRIVERS with SR22
31 Single Male in Las Vegas ,NV 89118 on 1999 Mazda 3 liab.& SR22 $60 Monthly
28 Married Female in Las Vegas,NV 89139 on 2010 Chevy Full/Cov. & SR22 $130 Monthly
Check Out Your Savings
Fact vs. Fiction: Uncovering auto insurance myths (March 2008)
Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they’re buying.
In the rush to feel “covered,” they can skip the details. That can lead to frustration.
Myth: I bought “full coverage” so everything’s paid for.
Reality: There is no such thing as “full coverage.” In most states, only liability insurance is mandatory. There are a lot of other coverage options out there, so select what you need and can afford based on your personal situation.
Myth: I need three estimates before my wrecked vehicle can be repaired.
Reality: Not necessarily. Very few insurers actually require this, although some might. If you decide to use a shop that’s in an insurance company’s “network” of pre-approved shops you may just have to get an estimate from that shop.
Myth: My insurance premium always increases if I’m involved in an accident.
Reality: It depends. Your rate can increase, decrease or stay the same. The information about your accident is combined with other information about you, your car and your driving history to determine your rate.
Myth: If I lend my car to someone and he/she crashes it, I’m covered.
Reality: Not so fast. If you or your friend don’t have optional physical damage coverages, damage to your vehicle generally won’t be covered.
Myth: If I buy a new car, my auto insurance company automatically knows; and my new car is covered.
Reality: No. Most insurance companies require that you notify them or your agent within a specified number of days. Generally, you have 30 days to add the new vehicle to your policy.
Insurance can be complicated, “It’s not something people deal with every day. So the more informed you are, the better choices you’ll make.”
To learn more, contact GG Insurance Agency