Tampa Car Accident Attorney

Most drivers consult with friends and family when it’s time to select a car insurance policy. During the process, they often receive conflicting information about everything from coverage requirements to the impact of an accident on their premium.

Before deciding on the policy that’s right for you, ask yourself these questions about auto insurance to help ease any confusion.

What coverage should I purchase?

Depending on which state you live in; there may be certain coverage requirements. In most states, drivers are required to have a minimum amount of liability insurance, which covers injuries and property damage you caused during an accident. If your state has no-fault laws, you will be required to purchase personal injury protection, also known as PIP, which covers medical expenses, lost wages and other damages for anyone covered by your policy.

Once the minimum requirements are met, ask your insurance rep to explain recommended additional coverage options for your individual needs.

Other types of auto coverage to discuss with your insurance rep

  • Comprehensive Coverage – covers non-accident related damage such as vandalism and theft.
  • Uninsured and Underinsured Motorist Protection – covers repairs to your car should an uninsured or underinsured motorist hit you.
  • Collision Coverage – Covers repairs to your vehicle no matter who was at fault.
What factors determine my insurance premium?

You may be surprised to learn that you were quoted a higher premium than a friend in a neighboring ZIP code, triggering questions about auto insurance rates.  As with coverage requirements, location is a key factor, but in this case, providers look much more locally. If you live in a metropolitan area, providers may assign more risk based on the level of hazards and vandalism to which your vehicle may be exposed.

In addition, certain cars will be more expensive to insure based on how much it costs to repair or replace them. A luxury car may be more expensive to fix, and certain models are stolen more often for their parts. You can lessen the impact on your premium by opting for location tracking and anti-theft technology.

Insurers will also factor in your driving record.  Safe drivers generally pay less as they have demonstrated the ability to navigate hazards, avoid accidents and incur less damage to their vehicle, all of which result in fewer insurance claims.

Additional factors such as age, gender and marital status factor into your rate. For example, middle-age drivers generally pay less than drivers under 25 or over 65 as do married people, who statistically have been shown to be less likely to get into an accident.

What insurance discounts are available?

If you have a history of accidents and violations, you might want to sign up for a safe driver course. Many companies will reward you with a discount on your premium.

Discounts may also be available for bundling home and auto insurance under one plan or for teen drivers with good academic performance. Ask your insurance rep for additional discounts available to you.

Should I select a plan with a high or low deductible?

You will have to choose between coverage with a high or low deductible. The deductible is the amount you will need to pay out of pocket before your insurance coverage kicks in. Often, you are able to reduce your premium by raising your deductible.

Will my insurance rate increase after an accident?

As your insurance company helps you navigate the claims process, you may wonder if your rate will increase. Each carrier handles this situation differently. Some have accident forgiveness policies, and others may assess your driving record as well as the severity of the accident before raising your rates. Ask your carrier about these policies to avoid an automatic premium increase.

With answers to the top questions about auto insurance, you can feel more confident comparing plans and carriers. Remember to review your coverage annually as policies and rates change, and you may even qualify for a new discount or two.

Injured in an Accident? Schedule a Free Consultation with a Personal Injury Accident Attorney in Tampa

At Capaz Law Firm, P.A., our attorneys have many years of collective experience helping accident and personal injury victims and their families navigate the legal system. If the insurance company or at fault driver disputes your claim contact us for a free consultation, at 813-440-2700