How to Compare Car Insurance Policies

Insurance policies come with many terms and coverage options. You need a bit of legal and financial knowledge to choose a policy that best fits your needs. Most insurance agents are ready to give you information about multiple options and quotes for possible coverage. But they want you to buy a policy from them, so shop around and get information from different agents.



Step1
Look at the brand name of the company while comparing quotes. A company with weight in the marketplace makes the company credible and accountable, which helps you when making claims.


Step2
Look at the deductible when reviewing the quotes. Higher deductibles usually mean lower premiums. Depending on the type of insurance you want, choose a policy based on higher premiums and lower deductibles OR lower premiums and higher deductibles.


Step3
Put all cars that you own under a single policy and check which ones offer you the lowest premiums. Also, ask about multi-policy discounts if they are available.


Step4
Compare the amount of insurance coverage of different policies.


Step5
Check for the total covered for bodily injury and liability insurance. Choose one with the highest dollar value for the best price.


Step6
Compare the levels of other coverage, such as rental cover, PIP, medical, full-glass, towing and comprehensive collision. Ask for multiple quotes with your preferred combinations and go for the policy with the lowest quote.



Step7
Check the level of coverage for underinsured or uninsured motorist.' With the number of uninsured motorists on the road, there's a good chance you may need need this kind of insurance coverage.

How to Add Your Child with a Learner s Permit to Your Insurance Policy

The minimum approved age to get a learner s permit for a boy or girl is 16 years. This permit can be converted into a valid driving license only when your child reaches 18 years of age. Although your insurance premium increases significantly, a child with a learner s permit could be added to your own policy as an occasional driver. Note that it is not mandatory to add your child with a learner s permit to your insurance policy. Consider the following steps to add your child with a learner s permit to your insurance policy.

Step1
Call your insurance company and inform them that you wish to add the name of a family member to your existing policy. Usually at the time of providing insurance, the company tries to find out if other members of the family will drive the same car.


Step2
Talk tactfully to the company representative. The name of your child will be added in your policy, making them eligible to drive in the United States. Depending on the age of your child, your insurance premium will be readjusted.


Step3
Ask for a reduced rate. If your child is only going to drive occasionally, companies may offer a lower increase in your premium.



Step4
Enroll your child into a good driver s education course. This can help in reducing your premium increase.