TN Auto Insurance Murfreesboro TN
AmeriAgency Is Tops For TN Auto Insurance Murfreesboro, TN
Call AmeriAgency Now At 888-851-5572 To Start Saving Up To 27% On TN Auto Insurance Murfreesboro, TN
Know when to drop comprehensive and collision
The general rule is when the cost of comp and collision exceeds 10% of your old vehicle’s value, that’s the time to dump it and just have liability coverage.
You can determine your vehicle’s value at Edmunds.com, KBB.com or NADA.com.
So let’s take a simple example. Say your vehicle is worth $4,000. If you’re paying anything more than $400 annually (that’s 10% of $4,000) for comp and collision, it no longer makes any financial sense.
One notable exception to this rule: If there’s no way you could financially cover the loss of your vehicle, forget the math and keep paying for comp and collision. Need an agency?
Call AmeriAgency Now At 888-851-5572 To Start Saving Up To 27% On TN Auto Insurance Murfreesboro, TN
Be prepared to take a higher deductible
You should always opt for a $1,000 deductible for the best savings on your policy. At that level, you’ll pay a lower premium and won’t be tempted to file any small, piddling claims.
Call AmeriAgency Now At 888-851-5572 To Start Saving Up To 27% On TN Auto Insurance Murfreesboro, TN
Don’t forget to ask about discounts!
The Insurance Information Institute reminds you that there are a ton of different discounts out there. Here are some you can ask about:
- Anti-theft devices
- Multiple policies with the same company
- College students living away from home
- Defensive driving courses
- Drivers ed courses
- Low annual mileage
- Long-time customer
- More than one car
- No accidents in three years
- No moving violations in three years
- Student drivers with good grades
You must be logged in to post a comment.