Home Page Home Page Newsletter Contact Us Get A Quote
  • We're Here for You
    • About Us
    • Partners Page
    • Location Map
    • Employee Directory
    • Contact Us
    • Refer a Friend
    • Privacy Policy
  • For Individuals
    • Automobile Insurance Home
    • Homeowners Insurance Home
    • Life & Health Insurance
    • Recreational Vehicle
    • Renters
    • Umbrella
  • For Businesses
    • Business & Commercial Insurance Home
    • Bonds Home
    • Dental Insurance Home
    • Health Insurance Home
    • Life Insurance Home
  • Helpful Information
    • Important Links
    • Blog
    • Newletters
    • Insurance Glossary
    • Free Reports
    • Join Our Newsletter
  • Life's Questions - Answered.
    • How much disability income insurance do I need?
    • What are my long-term care insurance needs?
    • How much life insurance do I need?
    • Should I rent or buy a home?
    • Should I lease or purchase an auto?
Personal Insurance Business Insurance Life Insurance
Get A Quote
Home > Blog > Evaluating your auto coverage
TUESDAY, JANUARY 12, 2016

Evaluating your auto coverage

 

EVALUATING AUTO COVERAGE

 

            In an effort to reduce their auto insurance premiums, many policyholders elect to raise their “collision” and “comprehensive” deductibles. However, some owners of older vehicles may want to consider dropping their collision and comprehensive coverage entirely. The costs of collision and comprehensive coverage (which repairs or replaces the vehicle  if the policyholder is at fault in an accident, or if the automobile is stolen or vandalized) are primarily dependent on the car’s value. Therefore, the insurance company will pay out only what the car is worth, minus the deductible. With this in mind, many car owners do the math and drop these coverages on older vehicles. Nevertheless, it never pays to skimp on “liability” coverage.

 

 

Posted 8:48 AM

Tags: auto insurance, physical damage, comprehenisive, collision
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012

  • hr updates(1)
  • auto insurance(1)
  • annuity(1)
  • operations management(1)
  • accident(1)
  • insurance(1)
  • pay equity act(1)
  • emergency(1)
  • physical damage(1)
  • future(1)
  • retire(1)
  • payouts(1)
  • collision(1)
  • repetitive stress(1)
  • professional(1)
  • payout(1)
  • role of insurance(1)
  • equal pay act(1)
  • sandy(1)
  • errors and ommissions(1)
  • hurricane(1)
  • payroll(1)
  • worker productivity(1)
  • frankenstorm(1)
  • risk management(1)
  • comprehenisive(1)
  • keyboard strain(1)
  • mistakes(1)
  • auto(1)
  • human resource(1)

View Mobile Version
JED Insurance and Financial Service Agency, Inc I 30 Mechanic St. Ste 5 I Foxborough, MA 02035                                                 Powered by Insurance Website Builder
                                                                                                                                                
Privacy Policy  &  Terms of Use     

 

© Copyright 2013 J.E.D. Insurance and Financial Services, Inc. All Rights Reserved.

 

 

Home Page About Us Our Services Newsletter Get A Quote Contact Us Home Page Like us on Facebook LinkedIn