| Two of the most common things people look for | | | | realizing it. This is why it is vitally important to |
| when they're looking for an auto insurance policy is | | | | compare your rates against other companies on a |
| the amount and depth of coverage they're getting | | | | regular basis. |
| and the price. Obviously if you want to lower one, | | | | The other part of the equation, amount of coverage |
| you typically have to lower the other if you're going | | | | is the other piece of the puzzle you have to take |
| to stay with the company. So your insurance really | | | | into consideration. As life changes, so does your |
| comes down to two different things: how much are | | | | ability to afford a higher deductible (or lower |
| you covered for, and how much are you paying. | | | | deductible), lowering the amount of coverage you |
| Surprising enough, though, you don't have to | | | | would like on a car, and more. You should, on a |
| compromise on your coverage to get a good price if | | | | periodic basis, review your policy and lower it to |
| you don't want to. | | | | what you can afford if you were to get in an |
| Even if you think you were getting a great deal | | | | accident. |
| when you first joined your insurance company, | | | | The next question most people ask is how much |
| doesn't mean that you're getting the best deal now. | | | | coverage they should get. The guidance that is |
| Most insurance companies will tease you with very | | | | typically given is to purchase as much coverage as |
| low rates to start the first year or two, then slowly | | | | you feel you can adequately afford to pay if you |
| increase it by ten or twenty percent every year. | | | | were to get in an accident, and no more. If you can |
| Therefore, your company could have easily upped | | | | afford a $500 deductible, then use that and not a |
| their rates they are charging you without you even | | | | $1000 or $100 one. |