JSMedia – When it comes to getting a car insurance policy, you may be wondering what your agent knows that you don’t. Aside from knowing what coverage options are available and what the cost of coverage will be, an insurance agent will also be able to explain the surcharge schedule used by different insurance companies. This information is very important because not all drivers are eligible for the same surcharge schedule. This is the only way an insurance agent can help you find the best policy for your needs.
In addition to knowing what coverage you have, an insurance agent will know which reports will be pulled and what the policy’s limitations are when it comes to non-renewal. Depending on the company and state law, some insurers will reject your claim.
It is up to you to know your policy’s rules before making a cancellation request. Once you’ve informed your insurance agent of the fact, he will be able to explain what you should do next.
What Your Auto Insurance Agent Knows That You Don’t
In addition to knowing your driving record, your insurance agent is also familiar with when traffic tickets and other infractions will no longer affect your premiums. He will also be able to provide information about the surcharges you’ll pay for in the event of a claim. This information is very important when it comes to making a claim, because you may not know how your claim will impact your policy until after it happens. Your agent will be able to explain the formula used in determining what the surcharge schedule looks like or what the cost of a car is.
Aside from knowing what surcharges will be, an auto insurance agent will be able to help you understand them. It can be difficult for policy holders to understand this formula and determine what they should do to lower their costs. However, there are some things you can do to decrease the cost of your policy, such as increasing your deductible. Many insurance agents offer discounts if you have a good driving history or have multiple tickets.
Your auto insurance agent knows that you don’t know all the details of how it works. The surcharges will depend on the type of claim you make. If you file a bodily injury claim, you might find that your premiums will be higher than if you make a property damage claim. The type of claim will also have an effect on the amount of your premiums. If your car is a total loss, your premiums will be lower if you file a property damage claim.
The most common exclusions are intentional damage, accidents, and wear and tear. The insurance agent will not tell you about all of these things, but they should be able to explain them. An insurance agent is not a claims adjuster. They are not an adjuster. They should be working for you, not against you. That’s why they don’t get commissions from your actions.