Imagine this scenario: You're an employee of a company located far from its main office. You're on your way to a mandatory meeting at the main office, driving a rental vehicle provided for business purposes.
Suddenly, another driver runs a red light and crashes into your rental car, causing significant damage and injuring both you and the vehicle. In such a situation, determining whose insurance covers the damages and injuries can be complex. Here are 4 factors to consider: I continue to get calls from people because their auto insurance premiums are rising at renewal time, and they're searching for lower rates.
Many of these potential clients haven't had any accidents, tickets, moving violations, etc. to directly cause their rates to rise, so why are they experiencing this? There are a number of factors that contribute to this, including these 5 reasons: Renting a car for a spring road trip? When it comes to insurance coverage, things can get a bit tricky. Here are 4 items to consider before signing the rental agreement.
March is National Credit Education month so it's a great time to understand this.
Here are 2 ways your credit score influences your insurance rate: Check this out: a recent survey revealed that a staggering 65% of Americans are in the dark about the full extent of their home insurance coverage.
Even more surprising, 45% have faced the harsh reality of having their insurance claim denied due to insufficient coverage. That's why it's crucial to engage in regular conversations with your local independent insurance agent. This ensures that you not only recall your existing coverage but also assess whether any adjustments are needed. To guide your discussion, ask these 8 essential questions: Umbrella insurance serves as an added layer of protection, going beyond the confines of your existing insurance plans.
It acts as a safeguard against significant financial setbacks in situations where you may be deemed liable for damages or injuries to others including: bodily injury, property damage, personal liability, and advertising injury. Consider the following scenarios: Telematics is the use of GPS and other technology in vehicles to track driving behaviors and habits.
Insurance companies use behavioral analytics to determine the driving behavior of their policyholders and adjust insurance rates accordingly. There are pros and cons for policyholders considering using telematics. Here are a few: Historical data show that as people age, physical and cognitive changes may impact driving skills. Once you reach 70 years old, you can expect your auto premiums to rise. There are a number of things drivers at this age and older can do to lower their auto premiums. Here are 5 suggestions:
Of all the winter driving conditions, black ice is one of the most hazardous because you don't necessarily see it until you're on it.
What conditions most often create black ice, and how do you best navigate it? Do you know how to navigate driving in foggy conditions?
You frequently see safety tips for driving in sleet and snow, but one of the most dangerous conditions in the south this time of year is fog. You may unexpectedly run into thick fog conditions especially in early morning and later in the evening. How do you best navigate this condition? Just like with sleet and snow, it's best to stay off the road during these times but that's not always feasible. So, here are 3 safety tips when driving in foggy conditions: Are you planning a road trip this winter? If so, you need to be ready for wintery road conditions.
In addition to preparing your vehicle ahead of time for the cold temps, it's important to apply the following tips when navigating winter weather conditions once you're on the road: According to the Insurance Information Institute, nearly 13% of drivers countrywide are uninsured (12.9% in Georgia and 10.4% in South Carolina).
Many MORE drivers are UNDER-insured, meaning if they're found at fault in an accident, their policies aren't enough to cover accident-related losses. What recourse do you have if your car is hit and the person at fault doesn't have insurance? Did you know hit-and-run accidents - those in which someone causes an accident and then leaves the scene without providing their information - are more common than you might think?
And, Georgia ranks 4th according to Ride Safe Georgia for fatal hit-and-run accidents. So, if you're a victim of a hit-and-run does insurance cover the accident? What do you think has been the brand of car most pulled over by law enforcement this year for speeding?
Logically, a great guess would be a brand that makes a compact, sporty, high-end horsepower vehicle whose drivers tend to drive faster than the speed limit. According to a recent report by Insurify, According to AAA, 50% of vehicle crashes occur at night when far fewer autos are on the road.
This makes it critical that you pay attention to your headlight visibility as headlights that deteriorate over time can reduce light output by 80%! Most of the headlights used on vehicles are made of a type of plastic, which breaks down over time and causes clouding, fogging, and scratching. What can you do to ensure maximum headlight visibility and reduce your chances of being involved in an accident at night? Cold weather in GA and SC may not be as "bitter" as this photo shows, but it can still have a negative impact on your vehicles:
The upcoming Thanksgiving holiday formally confirms we're in the busy holiday season, which brings its own unique hazards.
Here are 4 important insurance actions to take to maximize your protection during this festive time: If you're in an auto accident and you expect yours will be totaled, don't sit around and wait to hear from the adjuster. There are several things you need to do immediately:
Don't wait for disaster to strike. Get an experienced independent insurance agent in your corner now who can guide you expertly through situations like this: 706-726-1446. Do you "bundle" your insurance policies?
Generally, it's advantageous to do this, meaning you combine your insurance coverages with the same insurer. Companies reward you with discounts for using that one insurer to cover multiple policies. The most common combination is to use the same carrier for home and auto insurance. HOWEVER, there are exceptions, and this is another reason to use an experienced independent agent. Independent agents have access to numbers of insurance carriers, meaning they can mix companies to match your specific insurance needs. When would using different companies be better than bundling policies with one insurer? Here are a few examples: I commonly review policies with limits that are alarmingly low and leave the client much too open to financial liability.
This is one of the common mistakes people make when they self-select insurance coverage online. Here's a prime example: Have you ever let someone borrow your vehicle and then wondered who would be responsible if that person had an at-fault accident while driving it?
What about your child who no longer lives at home? What about your roommate? These are just a few examples each involving different circumstances and which may impact whether they should be listed on your auto insurance policy. Generally speaking: What does the Russian invasion of Ukraine have to do with your auto insurance rates?
Ukraine is a main supplier of neon, and Russia is a key supplier of palladium - both components used in the production of semi-conductors and may directly influence chip shortages. But that's not the only factor causing a rise in auto insurance premiums. Here's a sampling of other direct influences on auto insurance costs: The temperatures are cooling down, and fall has finally arrived.
Did you know there are certain types of insurance claims that are more prevalent during the fall and early winter seasons? Here are the top ones: Yes, anti-theft devices are a smart investment for both your vehicle's safety and potential insurance savings.
Insurance companies acknowledge that these devices significantly lower the chances of a stolen vehicle, which can translate to discounts for policyholders. What are the major types of devices and the discounts they can lead to? Gun deer hunting season is starting soon in Georgia and South Carolina, and that means deer will be on the move.
It's not surprising that both states are considered a high risk state for animal collisions. Reports reveal GA drivers have a 1 in 83 chance of having a collision with an animal, and SC drivers have a 1 in 71 chance. That animal is a deer in 67% of animal collisions. Are auto-deer collisions covered by your auto insurance? |
AuthorDennis Lam Archives
February 2024
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