When it comes to purchasing a car insurance policy in Rochester NY it’s not just about the money! Certainly how much you invest in your policy is important, but each individual is different and many things should come in to consideration before you sign on the dotted line. You can find yourself unemployed or change careers. You can downgrade to a smaller vehicle or conversely upgrade to a larger one. It’s easy enough to find companies that offer low, low prices on car insurance, but you need to find out what is best for you.
Access your vehicle
Comprehensive and collision coverage is directly tied to what you drive: that means the year, make and model of your vehicle. It stands to reason that the newer your vehicle the more you’ll pay for the premium. Surprisingly, overall rates for collision and comprehensive coverage don’t vary that much. All the more reason, if you can’t pay a lot of insurance and you’re looking to purchase a vehicle, buy a car that is inexpensive.
Minimums and Maximums
Here’s one you may not know: New York State, like every other state is listed on the National Association of Insurance Commissioners (NAIC). This explains a state’s minimums for liability insurance coverage, to include injury and damage to property. Whether you are purchasing a new or used car, and especially if you are taking out a loan, the lending agent will probably insist that you to carry a certain level of comprehensive and collision coverage based on NAIC standards.
A High Deductible is good
Do the math: the higher the deductible the lower your premium will be. It’s almost too simple. Take the annual deductible of $1,000 instead of the more seductive premium for $250. Doing so will allow you to pay less up front. Weigh it out though, because if you cause an accident you’ll pay more of the bill before your insurance takes over.
Cut off the Fat
There are actually some benefits to driving an older car (especially if it is paid for). Should that be the case you may want to consider canceling your comprehensive and collision coverage. And truth be told, if your vehicle is really old, you can find yourself in the position of paying for a policy that costs more than your car is even worth. And who wants that? The liability insurance is another matter. That is something you want to hold on too, because it is illegal to operate a vehicle without it.
Now it’s time to do your research. Don’t stop with first insurance company you run across. Research three or four companies and contact them for quotes. Or use the NAIC site we mentioned earlier. Check the ratio of complaints to positive feedback on each Insurance agent’s web site of use the Better Business Bureau as a resource.
In Monroe County it IS possible to find a good insurance policy for your automobile. The important thing is that you do the legwork and ask the right questions before you commit.
Tags; Rochester NY Insurance Automobile, Rochester Car Insurance, Rochester Auto Insurance