What to Consider When Buying Car Insurance

What to Consider When Buying Car Insurance

What to keep in mind when you’re looking for your next car insurance policy. 

Are you in the market for a new auto insurance policy? Instead of just going online and selecting the cheapest one you can find or auto-renewing your current plan, it’s good to consider what you want out of coverage. Car insurance is mandatory, but tailoring the policy to your needs is down to you. You should have a full picture of your vehicle before shopping, so remember to keep these things in mind before buying car insurance.

  • The car’s age

Older vehicles have higher risks of problems than brand new models. A car’s value depreciates as it gets older. With this depreciation in value, the cost to insure your car also decreases to an extent. Your insurance agent will ask about the age of your vehicle as this will help to determine its proper insurance based on the car’s market value.

  • The value of the vehicle

The dollar value of your car is influenced by the market value, age, and quality. For affordable insurance rates and to get the most out of your vehicle, you will want to keep your car in good working order as it ages. Make sure the vehicle is not at high risk of negligent failures. If you fail to maintain your car, you raise your liability risk, and your rate may go up.

  • What you use your vehicle for

When you are looking for an insurance policy, your agent will ask the primary reason you use the vehicle and what your average annual mileage is. If you use your car frequently for your work commute, it means you’re driving at peak times daily, meaning your risk of being involved in an accident increases. Additionally, if you drive long distances, you might see higher insurance premiums because the risk of an incident increases the longer you are on the road.

Are you ready to find the right car insurance for your needs? Contact your trusted insurer at Lloyd S. Berkett Insurance Agency. We can help you find reliable auto insurance coverage so that you have peace of mind you and your vehicle are protected.

Lloyd Berkett Insurance

11150 W. Olympic Blvd.
Suite 610
Los Angeles, CA 90064

(310) 857-5757
(800) BERKETT | 237-5388
Fax: (310) 857-5750

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The Lloyd S. Berkett Insurance Agency, Inc. was founded in 1946 by Lloyd S. Berkett. Regarded as one of Southern California’s most successful, well-respected and innovative independent insurance agencies, ... Read More

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