auto insurance terms

auto insurance terms

car insurance quotes florida http://elitebusinessinsurance.com/personal-auto/. learn how to find the cheapest possible auto insurance quotes in the state of florida.it's so simple.... what is a personal auto insurance policy? a personal auto insurance policy is purchasedby vehicle owners to reduce the costs associated with getting into an auto accident. instead of paying out of pocket, people paythe premiums to an auto insurance company. it is the insurance company that then paysall or most of the costs associated with an accident or other type of vehicle damage. how are the premiums paid in an auto insurancepolicy?

the premiums paid for this type of insurancevary in regards to age (younger drivers are typically more expensive because they haveless experience on the road), gender (male or female) , accident and moving violationhistory, just to name a few. most states have a requirement, known as amandate, that vehicle owners purchase a minimum amount of auto insurance. we recommend thatyou do not just purchase the minimum requirements, but rather take the responsible route andbecome educated on the proper coverage you may need for your vehicles. a poor driving record or the desire for morecomplete coverage will lead to higher premiums. however, you can reduce your premiums by agreeingto take on more risk, which means increasing

your deductible. how does a deductible work? whenever someone has a deductible on theirpolicy, this means that it is the first monies being paid when an accident/damage occursbefore the insurance company pays the agreed upon limits. ex) joe has a $500 collision deductible andgets into an auto accident with another vehicle. joe’s vehicle has $700 worth of damages.joe will pay $500 out pocket and then joe’s auto insurance company will pay the additional$200. how can elite business insurance help youdecide which company is best to use?

here at elite business insurance, llc, wemake sure to shop hundreds of carriers for each client. known throughout the industry as an establishedindependent insurance agency gives us an advantage to the everyday business owner. rather than placing a square peg in a roundhole, we mold your specific personal auto insurance needs into various scenarios offeringthe best possible carriers with the best prices. give us a call to obtain your free quote 813-922-3055!!!we look forward to helping you... http://elitebusinessinsurance.com/personal-auto/ related search terms:

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