Driving is an every day, mundane task for many people. In fact, we can bet that you don’t even remember the number of stop signs you pass on your way to work every day. But, while it may be mundane and forgetful, driving is anything but surefire and safe. Anything can happen during a simple trip of going from here to there and it’s important that you drive carefully. Accidents do happen, however, and that’s why it’s required by law to carry some form of car insurance. For many, the little cards in your glovebox are a great way to avoid getting an extra citation if you were speeding, but they serve a greater purpose than that.
If you’re the one we mentioned above that can’t remember how many stop signs they passed on the way to the office this morning, you also probably never read your auto insurance policy. So, now the question, do you know what you’re paying for? Toyota of Clermont has the details on how to better navigate your car insurance policy so you can pay for what you need.
Do You Actually Know What You’re Paying For?
Clermont car insurance is required to be carried by all motorists and for good reason. The policy should cover injuries for yourself and the other driver in the event of an accident as well as the 2 vehicles involved. Some states have different laws regarding how to assign fault for an accident, but the point remains that you need to have this if you plan on driving. When shopping for a policy it’s easy to relegate yourself to paying whatever an agent tells you is best, but you do have options when it comes to your coverage. Here are some things you should pay attention to when looking over your policy:
What Plan are You Buying?
Bodily Injury and Personal Property Liability: This type of car insurance policy can cover the medical expenses of the other driver involved in the accident if you are found to be at fault. It can also cover repair expenses for their vehicle.
Collision: Covers the repairs associated with damages done to your Clermont Toyota car. If your vehicle is deemed a “total loss” by your car insurance company (meaning the repair costs exceed the value of the vehicle) then you receive a payout.
Comprehensive: Car insurance with comprehensive covers a wide variety of things that could damage your ride. Natural disasters and single driver accidents (like backing into an object) are just some of the things that are covered. Another great thing, being a resident of Clermont (the whole state of Florida, really), means that your windshield repair is covered with no deductible needing to be paid.
Personal Injury Protection: Covers your injuries as the result of an accident. This is typically the bare minimum of coverage needed on your car insurance policy.
Payments and Frequency
Typically, a Clermont car insurance policy will include an outline of payment options for the driver. Your policy (premium) is charged on a “period” which is the duration of coverage (typically a year). Drivers have the option to pay on an annual, bi-annual, and monthly basis. Premiums paid on an annual or biannual timeline can often reap discounts, but most drivers opt for monthly payment cycles as that’s more financially feasible.
How is Your Car Insurance Premium Calculated?
While it’s not listed outright in your Clermont Toyota policy, a lot goes into determining the number you ultimately pay. Insurance companies will look into factors like:
Annual mileage
Driver’s age
Gender
Address
Driving record (accidents and tickets)
Marital status
How the vehicle is going to be used
Vehicle type
History of coverage
and more to determine the price you pay every month.
Ask Us Your Questions at Toyota of Clermont
Here at Toyota of Clermont we can help you throughout every step of the car buying process. Visit the dealership at 16851 State Road 50 for more information!
Comentarios