I’ve been a car accident lawyer in Seattle for almost 30 years and I’ve helped numerous people deal with their insurance companies when it comes time to settle. Here are some tips about how to choose the auto insurance that’s right for you.
To get the best price on auto insurance the first thing you should do is compare prices. Use the internet and type “buy auto insurance” to compare offers from several different companies. The cost of a 6 month insurance policy varies across companies.
Save Money by Raising Your Deductable
The price you pay for your insurance policy can be reduced up to 30% by raising your deductible. Many drivers save big when raising their deductible from $500 to $1000.
Pay Term for the Insurance Policy Up Front
Insurance companies often give discounts for paying the 6 month or 12 month term of the insurance policy up front. By paying in a lump sum, a considerable amount of money can be saved.
Keep Your Information up to Date
Inform your insurance company every time there is a change in your life. Tell your insurance company if you have gotten married, moved to a new home, recently had children, or have gone 3 years without an accident or traffic violation.
Adjust Your Policy to Your Car Value
As your car gets older and depreciates in value you might want to consider dropping your “full coverage”. As a rule of thumb, many car owner choose to downgrade to “liability coverage” when the yearly insurance coverage costs more than 10% of the car’s value.
Negotiate for a Better Deal
Try to negotiate a better deal with the car insurance salesmen. Often times they will be open to will be open to reducing your costs or putting you into a cheaper pay plan in order to close the sale. Also ask for promotion discounts that may apply. Discounts are given if you’re a good student or buy other types of insurance policies from the company.
As a Seattle personal injury lawyer I’ve helped a lot of people deal with their insurance companies to get fair and just compensation. Insurance companies will take advantage of people that don’t know how to ask the right questions, or what their rights are. It’s important to protect yourself because many times you will have months of rehab, lost wages, medical bills, etc.