What Your Auto Insurance Company Isn't Telling You
Gaining insight into certain facts that insurance companies typically don't share with drivers could help you understand how to effectively interact with your insurance company and possibly even save you money on your auto insurance premiums.

February 07, 2011 /24-7PressRelease/ -- Driving in the United States is a privilege, not a right. Being a privilege, the government is able to assign certain rules, restrictions and conditions to a citizen's ability to drive on a public road. One of the main conditions to being able to drive is requiring a driver to possess automobile insurance.

While auto insurance is required for all drivers in most states, very few understand the auto insurance industry. Gaining insight into certain facts that insurance companies typically don't share with drivers could help you understand how to effectively interact with your insurance company and possibly even save you money on your auto insurance premiums.

A few of the "secrets" that auto insurance companies don't often share:
- You can change policies whenever you want. If you find that you can get a policy at a better price, you can switch to that policy. If you prepaid for your insurance, you will be prorated back the monies that you paid.
- Shopping around for a policy will save you money. Chances are you shop around and compare prices for most major purchases, so why not auto insurance? A number of websites exist that will help you find the best priced policy for your needs.
- Prepaying for you policy over the Internet can save you money. Many insurance companies offer discounts on policies that are prepaid all at once; insurance companies generally charge more for a policy when you pay in installments. Additionally, many insurance companies will give you further discounts when you go "paperless" and opt only to receive insurance notices via email or online.
- Your credit rating matters. Many insurance companies factor your credit rating into an insurance quote. A good credit rating is an indication of a driver who is unlikely to be involved in a motor vehicle accident, so insurance premiums are typically lower for those with good credit.
- An accident will raise your premiums drastically. On average, insurers raise premiums 40 percent following a car crash. A car accident can cost you more than you thought.
- You may not have to pay sales tax on a new vehicle after an accident. Half of the states require that if you purchase a new car after the insurance company totals your previous one, the insurance company must cover the cost of sales tax on the new purchase. Arizona is one of those states.
- Your policy may not cover the person you loan your vehicle to. Unless your policy has a rider to cover those who borrow your vehicle, or unless other drivers are explicitly named in your policy, your insurance may not cover additional drivers should an accident occur.

Challenges of Dealing with Insurance Companies

Dealing with insurance companies can often be challenging, especially after an accident. If you are having problems with your auto insurance company, an experienced car accident attorney can help you resolve your claim. You have the right to representation when dealing with insurance companies, so speak with an attorney before you settle with an auto insurance adjustor.

Press Release Contact Information:

Solomon & Relihan
Solomon & Relihan
Phoenix Car Accident Lawyers
1951 West Camelback Road
Phoenix, Arizona
85015-3470
Voice: 602-635-1532
Fax: 602-242-6933
Website: Visit Our Website