How Much Do You Know About Your Auto Insurance?

Car (automobile) insurance concepts and another car themes (safety, rent-a-car, carsharing etc.).

Auto Insurance Explained

Auto insurance is one of the most common insurance policies available since it is required in almost every state in the country. However, that does not mean that it is one of the most well-understood. Make sure that you fully understand these complicated areas of auto insurance to ensure that you have the right amount of protection for your needs.

  • Deductibles – your deductible is the amount of money that you will pay out of your pocket before your car insurance starts to kick in. Choosing a higher deductible can help to lower your monthly premiums, but it will lead to a much higher payment when you make a claim. Make sure to choose a deductible that you can comfortably afford at any moment.
  • Liability limits – when you invest in a car insurance policy, you will have to meet the bodily injury and property damage liability requirements in your state. Keep in mind that these amounts are only the minimum amounts that you need, and any additional coverage options that you choose to invest in will help to keep you better protected on the road.
  • Credit report – your auto insurance company will take a look at your credit report when deciding on the premiums of your policy. If you have a high credit score, you will be able to benefit from much lower rates than if your credit score is much lower.
  • Teen drivers – when you add a teen driver to your car insurance policy, be ready for much higher premiums. Teens are considered some of the riskiest drivers on the road, which is why they cause your rates to increase significantly. If your teen enrolls in a safe driving course or qualifying for a good student discount, it can help to keep your premiums as low as possible.

For all of your auto insurance needs,  contact Idaho Insurance / Affordable Insurance in Caldwell, Idaho.

Get a Quote or call for a quote at 208-459-0070