By Iker Lyric
The chance of a successful automobile insurance policy purchase is greatly increased when following the basics. These general steps, outlined below, are to assist you in purchasing a policy. For a more detailed discussion of each step follow the online casino in usa links that are provided. Information throughout this website is designed to inform and assist the policyholder. Florida Auto Plus insurance agency is dedicated to serving the needs of all Florida residents.
Selecting Coverage Options
Knowing exactly what features you want included in your policy is the first step. Purchasing any product or service without knowing exactly what you want can lead to confusion and dissatisfaction. Also, a proper comparison of any product or service is dependent on evaluating the same or very similar features. Basic coverage options available on a policy are liability, medical payments, uninsured motorist, damage to your automobile, transportation expenses, and personal injury protection. Once you have decided on the features you wish to purchase it’s time to shop around.
Comparing Rates
Insurance companies deliver their product to consumers in three distinct ways. Captive agents, independent agents and direct from the company are the methods utilized. Captive agents are licensed agents who represent one company. State Farm and Allstate agents are examples of captive agents. Independent agents represent a variety of companies. Geico is an example of a company which markets their policies directly to the consumer. A thorough comparison of policies should include rates from each of these methods. Be wary of submitting personal information online to comparison websites as this poses a risk of identity theft, spam mail and unwanted solicitations.
Choosing a Company and Agent
The lowest rate should not be the only factor in determining which agent or company you select. Well known top rated companies will provide the best customer and claims service. There are more than enough companies which qualify and that have competitive rates. Agents, captive and independent, work on behalf of the policyholder. Having an advocate on your side who is a trusted professional can be invaluable. Florida Auto Plus Insurance is an independent agency representing an excellent selection of companies. Being independent provides us the flexibility to change insurance companies for policyholders when rate revisions or life circumstances increase premium.
Completing the Application
Insurance companies rely on the information provided on the insurance application to determine eligibility and rates for a specific policy. Incorrect or incomplete information on the application may result in an increased premium or a claim being denied. Understanding and fully completing all the questions on the application is ultimately the responsibility of the policyholder. When you sign the application you are confirming its accuracy. Do not simply sign where an insurance agent points his finger or highlights a page. Read the application before you sign on the “dotted line”.
Reviewing Your Policy
After the company issues your policy review all the documents. An auto insurance policy is a legal and binding contract between the policyholder and the insurance company. The contract consists of the declarations page and the policy jacket (booklet). These documents are relied upon when enforcing the contract. A simple error in the seventeen digit vehicle identification number (VIN) can delay a claim or present an administration hassle when proof of insurance via the VIN number is unavailable. An undisclosed driver can lead to a denial of a claim. Reviewing your auto insurance contract for accuracy and making any necessary adjustments will avoid problems.
Company selection
It is unrealistic for an insurance agent or agency to become an expert with all available insurance companies because there are simply too many. Each auto insurance company has its own set of rules, guidelines and procedures for determining the premium (price) for a specific risk (policy). After many years of experience with dozens of Florida auto insurance companies our agency has carefully selected the companies we represent. All of our companies consistently receive top ratings from independent rating services such as AM Best, Moody’s, and Standard & Poor’s. All of our companies provide exceptional customer and claims service. Our mix of companies provides aussie online casino a fair and thorough representation of the rates that are available to policyholders from any insurance company. Becoming proficient with the companies we represent enables us to extract the best possible rate that the company offers for a specific risk.
