What you should do if this happens to you!
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| Ways to save on your auto insurance |
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Shop around and compare prices. A list of companies can be found in your local yellow pages of your phone book.
Maintain a good driving record.
Take the highest deductible the insurance will allow for collision and comprehensive coverage. A higher deductible will lower your premium.
More ways to save!
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Understanding Your Auto Insurance Policy
An insurance policy is a legal contract between the insurance company and the persons being insured.
INSURANCE TERMS:
Agent: a licensed representative of an insurance company who solicits, negotiates, or effects contracts of insurance and provides service to the policyholder for the insurer.
Claim: An amount requested by a policyholder or third party from an insurance company for losses covered by an insurance policy.
Claim Number: A group of numbers and/or letters that distinguishes your claim from others.
Claimant: A person requesting an amount for covered losses from the insurer. The insured or a third party may be the claimant.
Deductible: the dollar amount you pay before the insurance company begins to make payments. Usually, a higher deductible means lower premiums.
Lapse: termination of a policy upon the policyholder's failure to pay the premium when due.
Policy: the legal document issued by the company to the policyholder which outlines the conditions and terms of the insurance. Also called the policy contract or contract.
Policy Term: that period for which an insurance policy provides coverage.
Premium: the periodic dollar amount required to keep a policy in force.
Tort: A wrongful act or wrongdoing, other than a crime or breach of contract ,committed by one party against another.
Tortfeasor: A person that commits a tort.
Negligence: The failure to exercise the degree of care that a reasonable person would do to avoid harming others.
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More Information:
Repairing Your Vehicle
Additional Insurance Coverages
Insurance Terms
Safety Issues
State Limits
In 2005, there were nearly 6,420,000 auto accidents in the United States.
About 115 people die every day in vehicle crashes in the United States, estimating one death every 13 minutes.
Motor vehicle crashes are the leading cause of death for U.S. teens, accounting for 36% of all deaths in this age group.
California leads the nation in traffic fatalities. More than 4,000 sustain serious injuries, such as quadriplegia, paraplegia, brain injuries, and spinal cord injuries.
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Insurance Resources
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