As we all know, you should never sign something until you've read it thoroughly, including the small print, and your auto insurance policy is no exception. Despite having conducted your research and comparing policies on the market, you can never be too careful when it comes to making a concrete agreement.
Here we at GET.com list the 10 things you should consider before putting pen to paper and signing your auto insurance agreement. We hope you find these 10 tips on finding the right auto insurance useful!
1. Background Checks
Before even reaching the point when you need to check your auto insurance policy contract, there are some steps you can take to make sure the provider is reputable. These include checking the provider with your state's insurance department – you can usually do this by phone or online, and also checking the provider's rating in the J.D. Power and Associates consumer satisfaction survey.
Further precautions include consulting auto body repair shops and car dealerships, both of whom deal with many insurance providers, and also checking the company's financial rating with a company such as A.M. Best.
2. State Requirements
Make sure your policy meets your state's car insurance requirements – these differ in every state.
3. Can You Sue?
Make sure your rights to sue the company are not waived. If you are unable to sue the company then you have lost your right to take them to court over any discrepancies, and being able to do so gives you peace of mind, making it harder for the company to treat you unfairly and give you difficulties when making claims.
4. Quality Of Repair
Check carefully the section on repairs. If it states that "aftermarket parts" may be used for any repairs, you may want to reconsider, especially if your vehicle is new. Do you really want your car to be repaired with second-hand parts instead of factory originals?
5. Coverage Amount Should Make Sense
Ensure you're not buying excess coverage. If your vehicle is worth $4,000, why carry $6,000 worth of collision coverage?
6. Written Inclusion In Policy
Make sure every additional coverage you have negotiated with the policy provider is written in your policy, for example, a rental car reimbursement in the case of an accident or roadside breakdown.
7. Leave No Blank Spaces
Make sure there are no empty spaces on the contract. If no additional information is required, then have the insurance policy provider draw a line through it, ensuring nothing can be added afterwards.
8. What Are The Deductibles?
Check all the auto insurance deductibles carefully. These should have been pre-discussed and arranged.
9. Is Your Personal Information Correct?
Ensure all of the personal information on yourself and on your vehicle is correct. This includes your vehicle identification number or VIN.
10. If Unsure, Ask
Make sure you understand all parts of the contract. If there is something you are unsure of, do not hesitate to ask the auto insurance provider to explain this in simple terms.
Finding The Best Auto Insurance
If you thought you found the best car insurance but changed your mind after reviewing the small print in the policy contract, don't worry – there is still a huge range of auto insurance policies out there which could be right for you.
Don't let the number of providers put you off the challenge - we're here to help. To get started on finding the best auto insurance for your own situation, simply select your state from the box below. Start your search today!