Insurance Q&A - Part I

Why Shouldn't I buy the cheapest car insurance?
You should consider what is not covered by the cheapest insurance.  Typically your liability limits may not meet your lifestyle.  Coverage's may be excluded that you may want or need.   Like damage coverage for your vehicle.

The value of my vehicle goes down each year, so why does my insurance premium continue to increase?
Unfortunately, costs continue to rise for legal fees, medical expenses, and repairing damage to vehicles.  All consumers share in these costs.

How much liability coverage should I have on my home and auto polices?
This is impossible to generalize; your personal and financial situations are unique.  This answer can only be determined by working with a professional agent who can help tailor solutions to your needs.

Why do I need medical payments coverage on my car policy when I have good health insurance?
Along with coverage for your medical expenses, medical payments provide coverage for people riding in your vehicle who are injured in an accident and may not have adequate medical insurance.

Why do young men pay more than young women?
Statistics show that young men have more accidents and claims.  However in recent years, claims for young women are on the rise.  So you may notice less of a difference in rates.

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