Many people have several questions about their Car Insurance that they had wished they had asked before they bought their insurance. To give you a general idea of what to expect from your Car Insurance, here are some Frequently Asked Questions (FAQ) you may want to know the answer to.
Why do you need to insure your car?
You need to insure your car because the law would not allow you to drive on the road unless you have a car’s financial responsibility, which ensures that you would be able to pay damages or injuries while you drive your car. Through your Car Insurance, you are able to do this. Government laws also prohibit driving your car without insurance. You could be given citations or fines if you violate this law.
Is there a difference between the insurance premiums of men from women?
Yes, there is a difference because men generally have a higher premium than women. This is based on the fact that studies had shown that more men have been reported to be “bolder” when driving making them more prone to accidents and injury. Researches have proven that women tend to drive more carefully and more slowly than men, therefore fewer claims paid by the insurer.
Is there a difference between the insurance premiums of younger persons from that of older ones?
Yes, younger drivers have a higher premium than older persons because statistics show that younger drivers are more high-spirited in driving. They tend to drink more and are bolder and more adventurous making them more prone to accidents and injury. Younger drivers also drive more than older drivers.
Do I need Comprehensive Car Insurance?
This would depend upon your finances and your lifestyle. You should determine whether you would be paying more for the insurance premium or less. If you don’t drive often and your car is in good working condition, then you might not need it. This would depend upon the cost you spend paying the premium compared to the cost you would spend paying minor repairs outside your Car Insurance.
Is it true that my premium will increase after my first claim?
After your first claim, your Car Insurance premium would tend to increase because the insurer would generally increase your premium, so be sure to claim when you truly need it. You bought your insurance in the first place to cover your expenses in such eventualities but be a wise client and know this fact.
Do I pay less insurance premium if I have no records of DUI or traffic violations?
Yes, most Car Insurance Companies would lower your premium if you have no record of DUI or traffic violations. This is because it ensures them that you will not be claiming very often allowing them to earn more in the process.
These are the frequently asked questions by people who would like their cars insured. If you have questions aside from those mentioned here, then you can always ask the company where you plan to buy your Car Insurance.
This Blog was posted for you By Falcon Car Insurance Services in San Antonio