3-Car Pile Up – Whose responsible?

3 car hit

It may be something you never think about since it may have never happened to you. Maybe you have only been in a few accidents that were 2 car accidents. Hopefully you have never been in a crash at all. It’s likely most everyone will experience a car crash at some point in their life whether they are the driver or the passenger.

So, here’s the scenario:

You’re driving down the freeway or a road and you get rear ended by the car behind you. You pull over to the side of the road and notice that 2 other cars pull over with you (the car behind you and the car behind them). This was a 3-car accident. There is damage on Car 1’s front end, Car 2’s rear end and front end and your (car 3) rear end.

Whose responsible for your car? Most of us would think that the car that hit us is responsible as that is what’s been out in the world chatter forever. And it may well be. However, it is not to be taken for granted.

Recently, a client of mine was in this predicament. He was the 3rd car hit.

Here’s the question you have to think about: Did you get hit once or twice? If you got hit once, then obviously Car 1 hit Car 2 that hit you Car 3. If you got hit twice, then Car 2 hit you and by that occurring, Car 1 hit Car 2 and then Car 2 hit you again.

If it’s scenario #1, Car 1 is actually responsible for both cars. If it’s scenario #2, Car 1 is responsible for Car 1 is responsible for Car 2 and Car 2 is responsible for you Car 3.

Now, this is going to become an insurance company issue most likely as they attempt to figure out exactly what happened and get the 3 statements to match up to understand exactly what happened. Either way the great news is if you are Car 3, you aren’t responsible. Worst case scenario your insurance company will pay for your car and it won’t count against you as an at-fault accident, nor will it cause insurance premium increase.

Something to think about……Make sure you are confident you have a very complete policy that includes proper rental car reimbursement, roadside assistance, glass coverage and more…It’s recommended you utilize an agent that will ensure you get the most coverage for the most competitive price.

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Auto Insurance Deductibles (Great Way to Reduce Your Monthly Payments)?

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When it comes to your auto insurance deductibles, the average is $250-$500, but many people carry $100 and many others carry $1,000 deductible.

Here’s the deal:

If you want to reduce your monthly premium and you are a good saver, have strong monthly income (after bills are paid) and can afford a higher deductible, then raise your deductible to the amount you feel you can easily pay at moment’s notice. Increasing your deductible by 2 times can often save you 30-40% on your monthly premiums depending on your auto insurance carrier. Before you do so, take into consideration your past driving record and claim activity. If you are a great driver and haven’t had an accident in years, you will be more comfortable increasing your deductible from $500 to $1,000 as an example. If you tend to get in an accident every few years and are an average driver, you may want to keep your deductible lower, again unless you can easily afford that amount at time of an accident.

In my experience, its silly to carry a low deductible and overpay for insurance every month of every year if you haven’t been in an accident in years and you have the monthly income and savings to absorb a $1,000 hit at moments notice in the event you do have an accident.

Remember, there is comprehensive deductible and collision deductible.

The comprehensive deductible is if something happens to your car that is not your fault (someone keys your car, theft, vandalism, riot damage, hurricane, falling objects, etc.). Basically non-collision events as described.

The collision deductible is for when you hit another car. So again you want to consider your driving record to date. If you are a very safe driver and have a great driving record, increasing your deductible will save you a lot of money.

Young drivers is where you are going to want to have a higher deductible as this is only way to reduce premium. Young drivers are expensive because the chance of an accident is so high in the 16-21 age range. Again, just be sure you have that deductible set aside for the possibility of that accident if you have a young driver in family or you are the young driver.

Timothy Feuling is a 17-year insurance veteran for Feuling Insurance. If you are sick of overpaying for home/auto/life/commercial/professional liability, call Timothy before you renew. You can also switch mid-policy – why wouldn’t you if you are going to save a few hundred dollars a year that you can invest or spend elsewhere. Timothy has access to dozens of insurance companies as an insurance broker, so your policy will be shopped with multiple companies to find the absolute lowest rate with a high quality company that has a record of exceptional claim service and stability. You can reach Timothy by email at Tim@CallTimToday.com or phone/text at 1-858-750-9176. Timothy can meet with you in person to discuss your needs or do everything by phone/email. Your choice.

Stop Procrastinating – Life Insurance Should Be a MUST For Your Family!!

Instead of me sitting here and trying to convince you WHY you should be calling an insurance broker like myself to get your family protected with a life insurance policy today, I am going to share a real-life story with you. After nearly 500 hours of emergency room volunteering when I was in my early 20s wanting to pursue education to become an emergency room MD, I saw people of all ages die unexpectedly from accidents (auto/falls/work accidents), suicide, unexpected occurrences (heart attacks, heart problems, cancer, etc.) I’ve understood the value of life insurance for decades…And it’s VERY AFFORDABLE! Read on please:

Expanding Our Family
James was ready to start a family sooner than we did, but he never pressured me, nor did he ask when I might be ready. He just waited for me to say I was, which was a good thing.

By 1981, I had taken a job at a pediatric hospital in Philadelphia, working in the Infant Transitional Unit. While it was hard work, it was also important and rewarding.

Of course, being around kids meant that my mind was constantly on family. I wondered how I’d know when I was ready to start my own family. Some of the older nurses clued me in that they’d probably notice it first by how much extra time I spent holding the babies.

And that’s exactly what happened.

James and I were married for four years when I gave birth to our daughter, Leslie, in June of 1982. It was a happy time.

Just nine months later, I would be widowed.

Why We Got Life Insurance
As soon as we became pregnant, James started talking about life insurance—but I was hesitant. I was 24, but James was already thinking like an adult. It’s not that I wasn’t an adult; the topic of life insurance was just scary. I was pregnant with our yet-to-be-born child, and the last thing I wanted to think about was one of us dying.

I had firsthand knowledge of death–I’d started volunteering at the hospital at age 12, then worked as a nurse’s aide before becoming a nurse. Still, dealing with death was a painful part of my career.
But James was right, and I eventually gave in. He made it as easy for me as he could. The agent came to our home, so we would be comfortable, and the questions really weren’t that invasive.

It was the right choice for us at that time—and, as it turned out, it was a good thing that we didn’t wait any longer.

The Day I Lost My Husband
James passed away on a Tuesday in March. The weekend before, we’d had an especially good time together with Leslie. And that Monday evening, my neighbor came over to watch a show. James sat with us for a while, but he left early and was already asleep when I joined him later.

The next morning, he left for work without me seeing him. Whether he kissed me goodbye while I slept, I’ll never know. I had a hair appointment with the woman across the street. I was sitting in a chair in her basement when I heard rapid footsteps coming down the stairs. I turned to see my brother, Paul, who was a construction worker with James. He just looked at me and said, “Cathy, we have to go.”

I remember him pulling me out of the chair, and driving to the hospital. My first words were, “How bad?”

He just squeezed my hand.

When we arrived at the ER, the other construction workers were there. It was hard for them to look at me–and that’s when I knew.

James had been in an accident on the construction site. Winds were 50 mph-plus that day, and a wall he was working on had collapsed. To avoid being hit, James had jumped off the wall and landed on his back. When the wall fell, a piece of cinder block hit him in the chest, cracking a rib and severing his aorta.

The coroner said that he died instantly.

Contact me today at 1-858-750-9176 or email me at tim@calltimtoday.com I am here to answer your questions and help you understand your options for term, universal and whole life insurance. Prices are cheaper than ever in the last 2 years so even if you have a policy I HIGHLY RECOMMEND letting me shop it for you as I have over 25 insurance carriers I shop at one time for you to get you the best price.

Why You Might Want To Buy An Umbrella Policy!

DC Officials Assist On Scene Of Car Accident

An insurance agent was reminded of the most memorable claim on an umbrella insurance policy he was involved in which was made by a small business owner who had purchased a $2 million policy.

“After attending a Christmas party, my client got involved in a fatal auto accident where the other driver was killed,” says Ramsey. “My client was given a breathalyzer on the scene and exceeded the legal alcohol limit. He was sued for something like $1.25 million by the claimant’s family and was legally liable for the damages, which were paid by the umbrella policy. The client was otherwise an upstanding citizen with no past history of these kinds of events.”

Protection beyond your home/auto limits

While you may think only a rich person could need that much insurance coverage, you’d be surprised at how important an umbrella policy can be for an average member of the middle class. For example, if you have a car insurance policy with liability coverage, you may think you have enough protection in case of an accident. But a lawsuit like the one described above could quickly exceed the $100,000 or $300,000 insurance payout that you have on your auto insurance (most people only carry $25/$50K – you can’t buy an umbrella if you have this low of limits).

An umbrella policy provides an additional layer of insurance beyond your autos and home, typically $1 million or $2 million above your auto/home limits. Consider the following scenarios where an umbrella policy would have been helpful:
A $1.2 million settlement in New Jersey where an underinsured driver hit a policeman who was completing paperwork at a traffic stop. The driver had to pay legal fees for his defense as well as the settlement.
$1.76 million was awarded to a mother and her 8-year-old child in Florida after a wave runner accident injured both of them. The mother needed corrective surgery after the initial injuries were treated.
85 percent of umbrella insurance claims are related to car accidents but the umbrella  offers protection against accidents that occur at your home, too — for example, in case someone falls down your stairs and sues you, or gets hurt at your home during a party. An umbrella policy is a no-brainer if you have a pool or a trampoline on your property and fear the consequences of a child getting injured or worse yet drowning.

Theres also coverage for incidents you may not think about like accidents while you’re driving in another country, or while you’re on vacation and have rented a boat or Jet ski.

Another important feature of these policies is protection in a lawsuit against you for slander or defamation of character, or for decisions you might have made as a volunteer member of a nonprofit board. If you regularly blog about controversial topics or rant on Facebook, an umbrella policy just might be a good idea to protect your assets from a litigious individual who believes you’ve damaged their reputation.

That may sound unlikely, but it’s not unheard of. In 2009, a high school student sued four other students and their families for $3 million because of derogatory comments the other students made about her on Facebook. While the lawsuit was eventually dismissed, reaching that verdict took two years and required considerable expenditures by the families. An umbrella policy can cover expenses related to such lawsuits.

Think about what you have to protect (that you have worked so hard to accumulate).

You may be assuming that if you don’t have $1 million to lose, you don’t need an umbrella policy. Unfortunately, if you are sued by someone who falls down the stairs at your home or whom you injure in a car accident, you can be sued for more than just what you have in the bank.

Your retirement funds, investments, savings and even your future earnings are at risk if a judge allows someone to garnish your wages to pay off a settlement. In some states, the equity in your home can be part of the judgment and you would be forced to sell your home to pay someone who sues you.

If you own a house and have a retirement account or other investments, an umbrella policy of $1 million or more should be part of your financial plan. Most insurance companies offer these plans in increments up to $5 million, and some go up to $10 million.

Insurance companies require specific levels of liability coverage on your auto and home insurance policies before they will approve an umbrella policy, typically:
$300,000 per occurrence for personal liability, bodily injury, and property damage liability on your homeowners insurance policy
$250,000 per person for bodily injury and $500,000 per accident on your car insurance policy
$100,000 per accident for property damage on your car insurance policy
The average cost for a $1 million policy is $200 annually — which you might find a relatively low price for the peace of mind and security it offers.

Something to think about!!!!

When is last time you had your insurance policy reviewed?

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After years of writing insurance policies for over 10,000 families in the last 17 years, I have learned that most people NEVER review and update their policies. Why? They were never educated to do so. And most agents don’t invest the time to review with clients.

Here are some examples of what we see:

Auto policy: Added a car for their teenager but never added the teenage driver on to the policy. This leaves family wide open for potential liability since the insurance company will only cover the basic state limits for a crash involving the teenage driver that isn’t listed on policy. (could mean you losing your home, savings, etc.)

Auto policy: Your front windshield gets cracked by a rock. When you insured with the cheapest company you could find you thought you had glass protection: you don’t. If its not listed on the dec page, you don’t have it. New windshield: $400 out of your pocket.

Homeowners policy: Haven’t updated the cost of rebuilding in years. Fire occurs and you find that insurance company is only paying for 65% of what it cost to rebuild your home.

Homeowners policy: Haven’t updated the personal property limits but you bought all brand new furniture, some expensive jewelry, artwork, etc. Fire occurs and you are written a check for about 50% of your personal effects.

Professional liability policy: You were unaware you weren’t covered for sexual misconduct allegations and you get hit on a bogus sexual claim from a patient who is mad about you sending them to collections. ZERO COVERAGE – you pay out of pocket for attorney – could cost you your savings.

Life insurance policy: You bought your policy 7 years ago and figure you have best rate you can get. Life insurance policy premiums have actually gone down so you could possibly replace your current contract with a new one and get a longer term and a cheaper premium.

Make sure you insure with an a trusted agent that is going to go through and review your policy with you every year to make sure you have coverage for everything you need and you aren’t overinsured for things you no longer need.

These are just a few of hundreds of things we see every time we go to quote a new prospective client. Invest the time now while you are insurable and before you have a loss.

When Was Last Time You Updated Your Home Owners Insurance?

Why you should have an ANNUAL insurance review?

I just quoted a gentleman who had a policy that he has carried for the last 5 plus years and I needed to increase the cost of construction, etc. up by over 5% which affects other coverages as well (increasing coverage) and he still saved over $300/year with his new quote.

Most homeowners purchase an insurance policy when they first move in, but they may not understand the importance of periodically reviewing to reassess their needs. This can lead to a gap in your coverage.

For instance, you may have insured your home for $300,000 when you first bought it. A decade later, your home may cost $400,000 to rebuild. That’s a $100,000 gap in coverage—which could leave you without the proper resources to rebuild in the event of a loss.

Maybe you recently renovated or updated your home – this is another reason you need an insurance review. This review can help ensure that your home and belongings are fully protected, and your coverage is keeping up with your current needs. Most every change you make in your home of any significance can affect your policy and may even qualify you for additional discounts on your insurance policy.

One way to evaluate your needs is to conduct a home inventory, a detailed catalogue of all your possessions. There are tools and even smartphone home inventory apps, like Digital Locker, that can streamline the process.

Tips for talking with your insurance agent

Despite what you might think, though, an insurance review doesn’t have to be an involved, time-consuming endeavor. A single conversation or a visit with your agent can help make sure that you’re knowledgeable about your coverage and comfortable that your limits are meeting your current needs. Most agents don’t take the time to do this. I recommend you ask for one.

Here are some ideas on what you might want to discuss as found in a recent article:

“Does my policy provide enough coverage to rebuild my home today?”
Many homeowners are surprised to learn their policy is outdated and does not provide sufficient coverage to rebuild their existing home. Changes in construction costs (they can vary from year to year), upgrades to a kitchen or bathroom, new kitchen appliances, or updates to a basement can all affect the cost to repair or rebuild your home. For example, new finishes in your kitchen can change your existing kitchen from “standard” to one that’s considered “semi-custom” or “custom.” Since insurance companies replace lost items with “like kind and quality,” it is important to estimate the full cost of replacing finishes, appliances, electrical systems and plumbing systems in determining your coverage.

“How does a newly finished basement affect my policy?”
A finished basement may not only increase the cost to rebuild your home, but it may also require additional coverage to protect items from water damage. For example, optional water backup coverage will help protect new furniture and carpet in your basement if a sump pump breaks or a drain backs up.

“Does my policy provide enough coverage for landscaping or outdoor appliances?”
Installing a new sprinkler system, a larger storage shed, a new pool or hot tub, or buying a substantial backyard grill or riding mower are outdoor changes that may require a homeowner’s policy upgrade. Updating landscaping and purchasing new lawn equipment or outbuildings can be significant investments that should prompt a coverage review.

“Do I need extended coverage for valuables?”
Your existing policy provides standard coverage for your home and belongings, but this coverage may not be sufficient for all your valuables and is frequently overlooked. For instance, you may need additional coverage for wedding rings, valuable golf clubs or other sports equipment, family heirlooms and antiques, musical instruments or artwork in your home. If you have a new home office that you run a business from, you might consider extended coverage to protect your business property.

“Do I qualify for discounts?”
An annual insurance review can also be an important opportunity to ensure you are receiving all possible discounts on your homeowners policy. For example, you may qualify for a discount if you have installed a security system, a smoke alarm or a hail-resistant roof. Additional discounts may apply if you insure both your car and home with the same company, if you don’t have any claims, or if no one in your household is a smoker.
Like home maintenance, an annual insurance review is something that can go a long way to protecting what is likely your biggest investment. Your local agent will know the details of coverage for your neighborhood, and can help make sure this is a New Year’s resolution you actually cross off your list.

When was the last time you reviewed or updated your homeowners insurance policy?

Make a point of getting this done this week!

Buying Life Insurance Before You Become Uninsurable……

Let’s face it, we are the biggest procrastinators in the world. As they say it’s not just a word, it’s a NATION (procrastiNATION)! When it comes to investing in life insurance to protect your spouse and children in the inevitable chance you pass away earlier than a time when you have $1million sitting in the bank for your family to utilize to pay bills, college, continue living in same area, etc., you don’t want to procrastinate.

All too many times by the time I connect with an individual about investing in life insurance, they already have uninsurable health issues or health issues that make the monthly premium higher than they can afford.

You want to be a highly insurable risk when you first invest in your life insurance. You do this by purchasing a policy as soon as you have a family and responsibility to them to make sure they are protected for life. Every day after that is a risk you will take.

Sounds like scare tactics. But be honest with yourself. Just think about how many people you see being diagnosed with cancer and other potentially fatal diseases and how many people you hear about getting killed in car accidents every day in the news.
Too many people dying at young ages leaving families with zero financial aid.

Scenario – Family of 4 with no life insurance (kids 6 and 8 years of age). Father dies, mother hasn’t ever worked outside house. Mortgage $250,000, Monthly bills including mortgage $4,500/month, Father’s previous monthly take-home income $5,000/month.
Month 1 family has $4,500 in bills to pay including the one that keeps a roof over their head – income to do so: $0. Month 2, 3, 4, 5 – how do you think those are looking?
Imagine grieving over the father with the financial distress piled on top of that.

Better Scenario – Same family with $500,000 in life insurance. Check issued to wife within days after death. Wife counseled to put money in bank account. Month 1 – bills paid, month 2, 3, 4, 5 bills paid. This will allow the family roughly 8 years of financial support. Plenty of time for wife to get trained in business, get a job, get remarried, etc. Grieving without the financial distress is priceless! The loss of a father is pain enough.

When you can invest in a life insurance policy for as little as $30-$50/month (we spend more than that on Starbucks, eating out for one meal, a pair of shoes, that’s 1/5 of the price of going to Disneyland for a family of 4), why procrastinate? Facts are facts and we are all going to die sooner or later. Maybe you will be one of those that lives to 75 years of age and your family is financially sufficient, maybe not. Such a small premium investment for such a great benefit in life insurance.

If you have questions, please feel free to call me and I will invest my time into you to help you determine what is best for your family.
Timothy Feuling
Your Insurance Specialist
1-858-750-9176
Tim@CallTimToday.com

Online insurance or an experienced agent?

Generally speaking, when you buy direct you cut out “the middleman” – a retailer who buys wholesale from a manufacturer. They mark up the product’s price and sell it to you.
In this day and age there are plenty of “direct writer” insurance companies out there. These companies “cut out the middle-man” by selling direct to you, rather than through an agent. However, while you may think you are saving money by going direct, that typically isn’t the case. Moreover, by dealing direct with an insurance company, a consumer takes on a level of risk that they may not realize even exists.

That Was Then…
Traditionally, insurance companies did not sell to the public. Instead their products were offered to consumers by “agents” who had to be professionally licensed to deal directly with the public. Consumers actually paid the agent nothing because it was the insurance company who paid the agent a commission, and this commission was not added to the retail price.

This Is Now…
The agency system is still in place throughout the U.S. You can find hundreds of independent agents in your telephone book or internet guide. However, thanks to the internet you can also go directly to many insurance companies and get a quote. If you like the quote you can often buy a policy by filling out forms, right on the spot.

Calling the retailer an agent is not an accident. The insurance agent is actually your legal representative – your agent – to the insurance company. The agent is licensed by your state and carries with them the fiduciary responsibility to be your advocate. They must put your interests first over and above their own, or the insurance company. Even though the agent is paid by the insurance company, they work for you.

An independent agent can do important things for you:
Agents have the ability to quickly check prices and coverages with dozens – if not hundreds – of different insurance companies. Since rates vary widely an independent agent can very likely get you a better deal than you can get for yourself. They can even get you insurance from a ‘direct writer’ like you could get for yourself.
Independent agents are a one-stop-shop for all of your insurance needs. An agent typically doesn’t sell just auto insurance. They also sell homeowners, renters, health and life insurance, business insurance etc. Use them – at no cost to yourself – to handle all of your insurance in one place.
Insurance is a complicated subject. Its an agent’s business to understand it, and communicate it to you so you understand it as well. In almost all cases an ordinary consumer will benefit from having someone who deals with this subject for a living advise them on a 50+ page contract. If there are any hidden surprises, a licensed agent is the one equipped to know where they are. Even if you understand insurance thoroughly you can get tripped up: The industry is regulated on a state-by-state basis. Move from one state to another and you’ll find that the coverages may look the same at first glance, but on closer examination things work a bit differently (very differently, in some states).
Coverages don’t just vary from state to state … they vary from company to company within the same state. Many companies use what are known as ‘manuscript’ policy forms (form = contract in insurance jargon). These forms don’t necessarily use industry-standard wording and may contain altered provisions that materially affect you in some way… some unknown way if you don’t have an expert advisor who is already familiar with a particular policy’s quirks.
The above is the good news with regard to what an agent can do for you. What about the bad news? Even the bad news has some good news inside of it for the consumer: If an agent makes a mistake (such as selling you an insurance policy that is supposed to meet your needs but doesn’t), that agent may well be liable to you for malpractice; something known in the industry as Errors & Omissions. Your insurance agent has an Errors & Omissions insurance policy, just like a surgeon has a malpractice insurance policy. Your lawyer can file suit against the agent – and their malpractice insurance – to recover damages you suffer as a result of a failure to act properly in your interests. Its no fun to think about for the agent or the consumer, but as unpleasant as it is for all concerned, this is a layer of protection that a consumer enjoys when working with an agent.

Which brings us to another problem that you create when you go direct. You have no licensed, regulated insured agent acting on your behalf. You are now taking full responsibility for your coverage decisions, and for any mistakes you may make. No more safety net.

Don’t get us wrong… There is nothing wrong with direct-writer insurance companies. However, if you deal with an agent, there are certain services and protections you are going to get that a direct-writer insurance company simply cannot provide.

13 Things To Know About Buying Car Insurance

1. Minimums? What minimums?
Sure, buying the minimum amount of coverage allowed by law (or by your lender) will save you money, but it won’t save you anything in the long run if you ever have a claim. For example, if you choose a high deductible policy, you’ll have cheaper premiums. But that also means you’ll have to fork out more cash before you can make a claim. If you have a huge emergency fund, maybe that works for you, but you could spend more in the long-term. (Take a look at your state’s minimums but seriously consider taking more than the absolute mininum.)
2. Yes, larger deductibles mean a lower premium, but think about what an accident would cost you.
Let’s say you have $5,000 in repairs. A $1,000 deductible means you’ll have to pay out-of-pocket for 20 percent of the costs. If you have a $250 deductible, you’ll only be paying one-twentieth of the costs. You’ll have to weigh that with the difference in premiums for high-deductible policies.
3. There are discounts for everything out there, and that includes your auto insurance.
Many vehicles come with safety features and alarm systems that will lower your premiums (so don’t buy without talking to your insurance agent, and also read more about which cars are the most and least expensive to insure).
You may also save by having a good driving record, taking a defensive driving course and being a customer for a certain number of years. Ask you agent about the discounts for which you might be eligible.
4. In many states, where rates are set by law, cheaper insurance simply means less coverage.
If you live in a state where the rates are pre-set, think twice before taking a less expensive policy because it may not give you what you need. Check the state-by-state requirements, and you can visit your state’s insurance department for more information. And if it’s your thing, learn more about trends in state regulation and insurance rates.
5. Combining policies can save you money…
It’s not just ad-speak; some insurers will knock off up to 15% from both your auto and home policies if you bundle them together. Just make sure both policies provide the right amount of coverage.
6. But it still pays to shop around.
While you can get healthy discounts for being a long-time customer and for having more than one policy with the same insurance company, it still pays to shop around once a year. A study found drivers saved from 5-50% on policies when they switch. That shows you have to shop around.
7. Check to see if your insurance will get you a loaner car.
If you have an accident and you need a rental car, you’ll find that having some kind of coverage that gives you an allowance for a rental will long-term be cheaper than paying out the full price for a rental.
8. Don’t lie.
You might save a few bucks by saying you park in a garage instead of on a street, but chances are the savings are very small compared to what could happen in you get caught. If you get found out, you could face higher rates or you may be dropped altogether. Also be honest about listing the drivers who may operate your car.
9. File claims judiciously.
Your insurance is there to protect you, but you could be in for higher rates if you file a claim every time a grocery cart rams your side panel.
10. Do the math on installment payments.
Installment payments for insurance policies are a cash cow for the insurer, and it takes as much as $10 a month out of your pocket. Yes, that’s $120 a year for the luxury of paying for your policy over time. If you can afford it, or if you can plan ahead and save, pay for your policy in one shot, or twice a year, rather than monthly.
11. If you use your vehicle for work, you may not have the coverage you expect.
You probably purchased a personal policy, but if you’re constantly driving as a salesperson or a pizza delivery person, make sure your policy covers your work use of your vehicle.
12. Thieves don’t care about the price tag.
You might think your wheels are the hottest, but those stolen most often are nabbed because their parts earn a lot for the thief. How often your make and model is stolen can have an impact on your premiums, too. Take a look at the most commonly stolen cars of 2012, the most recently available year.
13. Review, review, review.As your vehicle gets older, you may not have the same needs as you did when it was bright and shiny off the lot. Consider lowering some of your coverages if your vehicle already has a few dings that you’ve decided you’re willing to live with. If you car is worth $1,000, do you really need collision and comprehensive coverage?

Timothy Feuling has served over 10,000 insurance clients in the last 17 years of his insurance career. With over 20 insurance carriers available to shop, Timothy can make sure you are getting the absolute best price on auto/home/business/commercial/life and more…He can be reached for quotes or questions at 1-858-750-9176 (phone/text) or tfeuling89@yahoo.com.