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Home / news / This Video Will Teach You A Valuable Life Lesson

Saturday, February 11, 2017

This Video Will Teach You A Valuable Life Lesson

Author - Lanka Today Date - 12:30 PM news

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Copyright © 2015 AUTO INSURANCE PROTECTS YOU AGAINST FINANCIAL LOSS IF YOU HAVE AN ACCIDENT. IT IS A CONTRACT BETWEEN YOU AND THE INSURANCE COMPANY. YOU AGREE TO PAY THE PREMIUM AND THE INSURANCE COMPANY AGREES TO PAY YOUR LOSSES AS DEFINED IN YOUR POLICY. AUTO INSURANCE PROVIDES PROPERTY, LIABILITY AND MEDICAL COVERAGE: PROPERTY COVERAGE PAYS FOR DAMAGE TO OR THEFT OF YOUR CAR. LIABILITY COVERAGE PAYS FOR YOUR LEGAL RESPONSIBILITY TO OTHERS FOR BODILY INJURY OR PROPERTY DAMAGE. MEDICAL COVERAGE PAYS FOR THE COST OF TREATING INJURIES, REHABILITATION AND SOMETIMES LOST WAGES AND FUNERAL EXPENSES. AN AUTO INSURANCE POLICY IS COMPRISED OF SIX DIFFERENT KINDS OF COVERAGE. MOST STATES REQUIRE YOU TO BUY SOME, BUT NOT ALL, OF THESE COVERAGES. IF YOU'RE FINANCING A CAR, YOUR LENDER MAY ALSO HAVE REQUIREMENTS. MOST AUTO POLICIES ARE FOR SIX MONTHS TO A YEAR. YOUR INSURANCE COMPANY SHOULD NOTIFY YOU BY MAIL WHEN IT’S TIME TO RENEW THE POLICY AND TO PAY YOUR PREMIUM.CAR INSURANCE IS INHERENTLY TRICKY TO NAVIGATE BECAUSE YOU DON'T FIND OUT JUST HOW WELL IT WORKS (OR DOESN'T) UNTIL YOU HAVE AN ACCIDENT. AND IF YOU'RE LUCKY, THAT DOESN'T HAPPEN TOO OFTEN. SO HOW DO YOU KNOW IF YOU HAVE THE RIGHT KIND OF CAR INSURANCE FOR YOUR BUDGET AND LIFESTYLE? U.S. NEWS INTERVIEWED A HANDFUL OF CAR INSURANCE EXPERTS TO FIND OUT WHAT YOU SHOULD DO BEFORE MAKING A FINAL DECISION ON YOUR POLICY IN ORDER TO GET A GOOD DEAL AND DECREASE THE CHANCE OF BEING SURPRISED BY UNEXPECTED COSTS AFTER AN INCIDENT. HERE'S THEIR BEST ADVICE: WHEN CHOOSING A POLICY, START BY ASKING FRIENDS FOR RECOMMENDATIONS. "IT ALWAYS MAKES SENSE TO FIRST ASK PEOPLE WHO YOU RESPECT WHO THEY HAVE AUTO INSURANCE WITH, AND IF THEY WERE HAPPY WHEN THEY HAD A CLAIM," SAYS JEANNE SALVATORE, SPOKESWOMAN FOR THE INSURANCE INFORMATION INSTITUTE, AN INDUSTRY GROUP.Ada News TV All Right Reserved

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