Frequently Asked Questions About Auto Insurance in 2019.

Silverton Insurance Specialist LLC offers premium auto insurance services, and we know that sometimes purchasing auto insurance and understanding your policy can be confusing. No worries, we are happy to answer any questions you have about coverage or requirements. Here are some common questions we receive about auto insurance policies. 

Frequently Asked Questions About Auto Insurance

  • I no longer require full coverage, should I downgrade my policy? You have the option to drop down to PIP coverage once you have paid off your vehicle in most cases. However, it may be a good idea to keep your full coverage because you now own your vehicle and all the liability falls on you if you lose it. Auto lenders require full coverage to offset their own loss, it makes sense to keep full coverage to offset the risk of loss when it is yours. 
  • How can I protect my classic car beyond policy limits? You can purchase umbrella insurance to protect your car beyond what the full coverage policy covers. This is a common practice for classic cars, race cars, and other situations where the value is higher than appraised. 
  • How will my teen affect my policy? There is not a single answer for everyone. If your teen driver has great grades and a good driving record the impact may be less than you expect though. The only way to know is to call and get a personalized quote. 

Contact us at Silverton Insurance Specialist LLC if you have any other questions about auto insurance or if you are ready to receive a quote for your own policy. 

Types of Auto Insurance

Auto insurance is meant to offer protection against financial loss in the event of theft or if your car is involved in an accident. Understanding the different types of auto insurance is an important step in ensuring you get what’s right for you.

Most states have laws that set the minimum amounts of financial responsibility car owners must have before they can legally drive. Even though not all types of auto insurance are required, purchasing extra coverage with Silverton Insurance Specialist, LLC is the best way to ensure maximum protection. Most car owners know a thing or two about auto insurance, the only problem is being able to differentiate one form of coverage from another. Below, we detail the different types of auto insurance to help you make an informed decision:

Liability

This car insurance covers property damage and bodily injuries that you may cause to others. Most states have a minimum requirement for the amount of coverage you must have under liability insurance; however, buying more than the state-required minimum is usually a good idea as it offers extra protection.

Collision

Collision insurance is meant to repair or replace the policyholder’s car in the event of a covered accident resulting from a collision.

Comprehensive

This car insurance covers all physical damage to your car from non-collision accidents such as vandalism, accidents with animals, theft, fire, and certain weather events.

Uninsured/underinsured

All drivers are required to carry auto insurance; unfortunately, this is not always the case. Uninsured/underinsured coverage protects you and your car in case you are involved in an accident caused by a driver with none or minimal insurance. It can also come in handy in hit-and-run situations.

At Silverton Insurance Specialist, LLC, we provide affordable and reliable auto insurance policies. Our knowledgeable agents will help you determine the right amounts of coverage concerning state laws. Contact us today for a peaceful driving experience.

Can I Add My Friend to My Car Insurance Policy?

Typically, the car insurance sector runs on a model of assumed risk, and that is the primary reason why your car insurance provider such as Silverton Insurance Specialist, LLC will want to know who is operating your vehicle at any particular time. In fact, a significant number of these insurance companies will want you to list all the people you think might drive your car at any particular time.

However, for most people, the first question that will come up is, "can I add my friend to my car insurance policy?" Read on to find out who you can add and who you can’t add to your auto insurance policy.

Can I Add a Friend/Roommate to My Auto Insurance Policy?

The good news is that you are free to add your friend or even a roommate to your auto insurance policy as long as you live at the same address. If you own a vehicle, but your friend doesn’t, then the policy should be in your name and not your friend’s name.

You can always ask your insurance agent about adding your friend to your auto insurance policy as a driver of your car. However, if both of you own cars, then you will need to have different policies. If you’re likely to drive each other’s cars, please be sure to check with your respective insurance provider to be sure that the coverage extends to other operators and to learn how you can include each other in your policies.

If you’re a parent, then your partner, your kids, and any other person that you live within your household will normally be listed on your car insurance policy.

Keep in mind that there is no limit to the number of operators you can include on your auto insurance policy but there must be a good reason as to why you are listing them as drivers of your car. Some of the people that you can’t list on your policy include your children that have moved out and other people that don’t reside in your household or use your vehicle.

Contact Silverton Insurance Specialist, LLC today for an auto insurance policy and a quote. Also, try our online rating tool for quotes from home.

Saving Money on Auto Insurance for Your Teen Driver

Many parents groan about the cost of auto insurance when their kids start driving. It can be expensive to insure a teen driver, but if you follow these tips from Silverton Insurance Specialist, LLC, you may be able to save a little money on your teen’s auto insurance.

Hit the Books

Many insurance companies offer discounts when teens get good grades. The logic is that teens who are responsible with their schoolwork will also prove themselves responsible on the road. While straight As are good, many insurance companies are happy to offer discounts for students who maintain B averages. Check with your agent for any discounts the insurance company may offer due to school performance.

Take Driver’s Education

If money is tight, kids may earn a discount for taking a driver’s education class at school. If your child’s school does not offer a driver’s ed course, you can pay for a class at a Safe Driving School to earn a discount for your child.

Choose the Vehicle Wisely

While many kids crave flashy, newer models of cars, insuring a teen in a more expensive vehicle will be more costly. Choosing older models of vehicles and cars that seem a little boring to teen drivers can keep more money in your pocket.

Drive Safely

When your teen gets traffic citations and has accidents, it can cost you more money than just paying the ticket and repairing the car. Insurance companies will raise your rates if your teen does not maintain a safe driving record. Encourage your teen to drive safely and enforce consequences if he or she proves to be careless on the road.

Multiple Policy Discounts

If you purchased your home insurance and car insurance from the same company, you may qualify for a multiple policy discount. Ask your agent if your insurance company offers this discount.

If you have more questions about insuring your teen driver, you can contact Silverton Insurance Specialist, LLC. We can help get you started on an auto insurance policy and you can get a quote by using our online rating tool.

The Importance of Reporting an Accident to Your Insurance Company

Here at Silverton Insurance Specialist, LLC, we advise all of our insurance customers to report an auto accident to us right away. However, most people do not understand why this is important. After an accident, your mind may be racing with things to do, and you may wonder if it is vital to call the insurance company or if you can put it off. Here are a few of the reasons why reporting an auto accident to your insurance company quickly is essential. 

Helps Get Your Car Repaired Faster

The longer you wait to report an accident to your insurance company, the longer it will take for them to inspect your car, approve work orders, and, ultimately, the longer it takes to fix your car. The faster you report the claim, the faster your vehicle can be repaired. 

Allows the Insurance Company to Obtain Evidence

If there are questions about who was at fault for the accident, your insurance company may conduct an investigation. However, the evidence they may need, such as witness statements, dashboard camera footage, or information from insurance tracking devices, may disappear if it is not retrieved promptly. Reporting the claim helps the insurance company to get the evidence they need. 

Locks in Your Statement While it is Still Fresh In Your Mind

The last reason you should report an accident to your insurance company right away is that it locks in your statement about what happened while it is still fresh in your mind. This helps you to recall important details about the accident that you may forget in a few days. 

If you are looking to purchase a new auto insurance policy, let Silverton Insurance Specialist, LLC help you. Call us today to obtain a quote or try our online rating tool for auto insurance quotes from home.

Covering More Than Liability

Temptations to settle for cheap auto insurance are everywhere. From the speakers on our television to the ads before internet videos, inexpensive vehicle insurance commercial jingles invade our ears. 

However, settling for the bare minimum is putting you at risk for more than a totaled car. Bankruptcy, severe injuries for you, passengers, or other drivers, and even the possibility of death are things to consider when researching auto insurance policies. Everyone has preferences, forming a plan that coincides with your needs makes everyone happier and safer.

The Way States Sway

Living in a state that does not require full coverage or no coverage at all is no excuse not to have it when an unexpected accident occurs. Auto insurance is an investment in your life and safety. 

States do not always require collision coverage. However, if you only have liability and your car is destroyed, your insurance claim will only pay for the other vehicle. The payment for auto repairs is covered by collision insurance coverage regardless of who is at fault. 

Comprehensive coverage is rarely a requirement by states and auto loan companies. You are more prone to realize situations when comprehensive helps by noticing the savings you receive in your bank account and on vehicle repair. You cannot predict nature and hail, the wind, and flooding falls under comprehensive insurance, only. 

Humans are nearly as unpredictable as the weather. Vandalism and theft are also factors out of your control. If you only have liability coverage, you are either without a car or left to park it in your yard until you can get the damage repaired.

Deductibles for collision or comprehensive insurance are not as nearly as expensive as purchasing a new vehicle or being taken to court by another party involved in a mutual car accident. Silverton Insurance Specialist, LLC is available for quotes, questions, and directions as you search for the best policy for you and your bottom line. Reach out to our agents for questions and concerns or call our office at Silverton Insurance Specialist, LLC.