Key Considerations When Choosing Car Insurance: Brad Lines Talks to MoneyGeek About Auto Insurance Options
MoneyGeek talked to Lines Insurance Owner and Principal Agent Brad Lines about all things insurance recently, including whether life insurance is worth the expense and what to consider when buying auto insurance. In the latest interview, he also offers advice on how to assess car insurance coverage needs and how to get the best possible price for your policy. Read on for some highlights, then cruise on over to MoneyGeek to read the rest.
On key considerations when choosing an auto insurance company:
“Don’t just look at the lowest quote; a bargain policy is useless if it doesn’t cover you when you need it. How is their customer service? Do they handle claims promptly and fairly? Are they available 24/7 for claim support? Is the company financially sound and able to handle your claim, regardless of size?”
On assessing how much coverage you need when shopping for auto insurance:
“Assessing the right car insurance coverage amount involves evaluating your needs, financial situation and risk tolerance. You need to start by understanding the minimum liability insurance requirements in your state or country. This is the least amount of coverage you need to legally drive. Then, consider your vehicle's value: if your car is newer or more expensive, you want higher coverage, including both comprehensive and collision insurance.”
Advice for consumers who are shopping around for auto insurance quotes:
“My number-one tip is to start with an insurance agent. An agent can provide personalized advice based on your specific circumstances and help you understand different coverage options and limits. Independent agents who represent multiple carriers can shop for your needs with multiple companies by finding the most interested in writing about your potential risk to find you the best possible policy at the most reasonable price.”
Read the rest on MoneyGeek
To find out more about car insurance from Brad’s perspective, along with several helpful tips about purchasing the right plan, visit moneygeek.com. Ready to insure your next ride? Give us a call to talk through all your options!