What 10 questions should you ask your auto insurance broker (Eugene C Yates Insurance Agency)

When talking to your auto insurance broker Eugene C Yates, it’s important to ask the right questions to ensure you’re getting the best coverage for your needs at a competitive price. Here are ten essential questions to ask your auto insurance broker:

1. What Coverage Do I Actually Need?

   – Ask about the state minimum requirements and what additional coverage might be necessary based on your specific situation (e.g., collision, comprehensive, uninsured motorist).

2. How Can I Save on My Premium?

   – Discuss all available discounts you might qualify for, such as multi-car discounts, safe driver discounts, or discounts for security features on your vehicle.

3. What is the Process for Filing a Claim?

   – Understand the steps you need to follow if you have to file a claim, including who to contact and what information you’ll need to provide.

4. What are My Deductibles?

   – Ask about your options for deductibles and how they affect your premiums and your out-of-pocket costs in the event of a claim.

5. Are There Any Exclusions in My Policy?

   – Clarify what is not covered by your policy to avoid surprises when you need to make a claim.

6. How is Liability Coverage Determined?

   – Discuss the amount of liability coverage you need, considering your personal assets and overall risk exposure.

7. What Happens if My Car is Totaled?

   – Ask about the insurer’s process for determining the value of your car and what happens if it is considered a total loss.

8. Can I Add Additional Drivers or Vehicles to My Policy?

   – Understand the implications and costs associated with adding more drivers or vehicles to your insurance policy.

9. What Are the Policy Limits?

   – Discuss the limits of your insurance coverage and ensure they are adequate to protect you in all scenarios.

10. How Will My Premium Change Over Time?

    – Ask about factors that might increase or decrease your premium in the future, such as aging vehicles, improving driving records, or changes in personal circumstances.

By asking these questions, you can better understand your auto insurance policy, ensuring that you have adequate coverage while possibly saving money.