Paying the Right Amount for Auto Insurance Coverage

Subway entranceSome drivers may find that they don’t have enough auto insurance coverage or are paying too much for their premiums.

However, simple methods can put the power back in the hands of consumers, allowing them to pay for the right coverage and afford auto insurance, reported financial website

Consumers should update their agent with any useful information that could allow them to reduce their mileage and therefore reduce their risk for an automobile accident, said the report. More miles means more chances to get into an accident, if drivers are using alternative methods of transportation, such as carpools or public transit, insurance companies will often give them discounts on premiums.

Companies also reward drivers who park their cars in a garage or driveway since there is a lower risk of the car being stolen in those areas, said the report.

Drivers should also sit down and analyze their policy to make sure they are adequately covered and not paying for something they don’t need, said the article. The importance of knowing one’s policy is made apparent by the number of drivers who pay more than necessary for auto insurance.

About John Pirro
John Pirro is a licensed fire and casualty insurance agent specializing in various aspects of the auto insurance industry. He worked in the auto body repair industry before taking a reporting position at Online Auto Insurance News.

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