Ed Cuellar Insurance Agency

Ed Cuellar Insurance Agency

We are an Independent Car Insurance Company in San Antonio, Tx. Finding the best Coverage for you. Home-Auto-Commercial - Cheap Car/Auto Insurance San Antonio and South Texas

What You Need to Do With Your Car Insurance When You Move

What You Need to Do With Your Car Insurance When You Move



Whether you’re just moving across town or to a different state, there are a lot of steps involved that are not limited to just moving your personal belongings. You also need to update your information with several different companies, such as your credit card provider, bank, utility companies and your car insurance provider.





Even if the current drivers and vehicles on your insurance policy remain the same after your move, it’s still necessary to contact your agent, so your plan can be correctly updated. A lot of factors can affect your car insurance coverage once you move, so it’s important that you are aware of them before becoming vulnerable.



Saving Money on Car Insurance When You Move



When you move, the best way to save money on your car insurance is to inform yourself of all the areas coverage option. You might come across a company you’ve never heard of, that meets your needs and is offering a discount. It’s especially important to review all your options if you’re moving to an area that has higher than average premiums, such as a city.

You might think that your current car insurance provider is offering you a fair price in your new area, but you still need to shop around for other premiums. Some online sites allow you to build, customize, compare and purchase a car insurance policy in minutes. Throughout the quote process, you will be offered the assistance of professional car insurance agents, making this a relatively painless experience.



Avoiding “Coverage Gaps” While Moving



It is illegal in the US to drive without car insurance, so if you’re switching or renewing your car insurance policy, you need to do this before you move, to avoid any sanctions. To prevent gaps in car insurance coverage, don’t cancel your existing policy without having lined up a new policy.







Factors That Affect Your Car Insurance Rates When You Move



State Insurance Requirements: Every state has their car insurance requirements, which determine which coverage and minimums your policy needs. These requirements impact the total cost of your insurance, so while you may be saving on insurance by moving to a cheaper state or area, make sure that you’re fully covered to avoid any potential debt, lawsuits or charges.



New Zip Code: Your zip code affects how much you pay for auto insurance, as zip codes assist car insurance providers in adjusting for certain risk factors, such as crime rates, natural disasters and the amount of traffic. Taking these risk factors into account, you will have a higher premium if you live in a city, as there is a higher percentage of accidents, traffic, crime, etc.



Life Changes: Moving can bring a lot of changes to your daily life. Significant changes in your policy members or driving habits mean that your coverage will need to be adjusted. Some of the major life changes you need to take into account are:



● Marriage

● Purchasing a new car

● Buying a new home

● Variations in the drivers covered by your policy



Call Ed Cuellar for any Information you need about Car Insurance in San Antonio







via Ed Cuellar Insurance Agency http://edcuellar.com/what-you-need-to-do-with-your-car-insurance-when-you-move/

A Guide To Commercial Insurance

A Guide To Commercial Insurance



When you’re starting up your own business, it can be difficult to keep it financially stable. That’s why, when you own a commercial property, it’s imperative that you get insurance. Having coverage for your property allows you to protect it from any potential lawsuits or future disasters.





Of course, it’s important that you understand what your insurance covers. Even the most extensive coverage has its exclusions within the policy and may not cover you under certain circumstances. For example, some insurance policies will not cover the property if a natural disaster damages it.



When you buy commercial insurance, it will most likely cover you for the following:



● Theft

● Fires

● Floods

● Vandalism

● Storm Winds



However, it’s important that you have a full understanding of the different types of insurances at your availability so that you can choose the right one for your business.



When you’re buying insurance for your commercial property, there is a range of options for you to choose from:



● Liability Insurance



This type of insurance will protect you if someone gets injured on your property. For example, if a customer gets burnt from one of your employees accidentally spilling a hot liquid on them, a lawsuit could be put in place against you. This coverage will pay for any medical costs of the injured client.



● Worker’s Compensation



If one of your employees were to get injured during their working hours, worker’s compensation would protect you. For example, if the employee is moving heavy boxes in a warehouse or stockroom, and they end up suffering from a back injury, you could be held responsible. This insurance will cover the costs of any medical bills and also paid time off work for recovery. If you don’t have worker’s compensation, you’d have to pay the costs out of pocket, and your company could suffer.



● Property Damage Insurance



If your commercial property gets destroyed or damaged by a flood, storm, fire or another form of disaster, this insurance can give you protection. It can cover some of the costs towards replacing the damaged goods inside of the property and also any fees for rebuilding the external structure of the property.



● Disability Insurance



If you were to become disabled or too unwell to run your establishment, your regular income could suffer. With disability insurance, you receive income protection.



● Business Interruption



In the event of a disaster, this type of insurance coverage will protect and maintain your income.



Buying Commercial Insurance



Don’t go for the first insurance plan that you come across. Compare a range of policies and weigh up all your options. It’s important that you choose an insurance policy that suits your business perfectly – you need to do your insurance homework. As your business begins to grow, it becomes more dangerous not to have the correct insurance in place. As the company owner, you’re the only one who can choose to protect your business.



Make sure that you understand all there is to know about commercial insurance before you invest. The more knowledge that you have, the easier it is for you to choose the coverage that suits your business and its needs. Depending on what type of business you run, insurance costs can significantly differ. Don’t go for the cheapest option just because it’s the least expensive; you also need to look at what the policy covers and what it can offer your business.

Contact Ed Cuellar for any of your Insurance Needs







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/04/02/a-guide-to-commercial-insurance/

Ways To Lower Your Home Insurance Costs

Ways To Lower Your Home Insurance Costs



When you first buy home insurance for your property, the rates can start off low and over the years, they can creep their way up. In just the past decade, the average cost of home insurance has risen by around fifty perfect. An insurance company has to comply with rising costs, so the premium that you pay will increase as your property grows in value.





If you face high home insurance bills, there are a few different ways that you can lower the costs. Home insurance is important as it protects your valuables and property, but if you’re unsatisfied with the price that you’re paying, it is worth taking the time to find out whether or not you can lower your costs.



Methods to Lower Home Insurance Rates



There are many different ways to control your insurance costs and ensure that you’re getting the best policy and rates for your needs.



An Over Insured Home



Whether you’re a first-time buyer or constant mover, when you get into a new home, it can be easy to make the mistake of over-insuring your property. Yes, you want to have your home fully covered in case of a disaster, but buying too much insurance can often be pointless, and it just wastes your money.



Every year when you’re renewing your policy, make sure that you review it thoroughly. One of the main things that you should look out for is floaters. A floater is insurance on extra items that your regular insurance doesn’t fully cover. So, if you have valuable jewelry, expensive electronics or artwork insured separately on your policy, check to see if the item has lowered in value and if so, you can reduce the floater amount. If you no longer own the item, cancel your floater.



Reduce Your Home’s Risk



There are a few steps that you can take to lower the cost of your home insurance and make your home safer and almost everything-proof. Give your insurance provider a call and see which of the following you could do to reduce your home’s premium costs:



● Make your home weather and storm resistant by adding features to your home such as shutters

● Minimize the risk of water damage by having your electrical and plumbing system professionally updated

● Add extra locks such as deadbolts and fit burglar alarms and smoke detectors to increase the security of your home

● Reduce your home’s flooding risk by elevating your home or installing floodgates



Not all of these updates are cheap to carry out, but ultimately, they can save you a lot of money in the long run by lowering your premium. Not only that, but it will also make your home safer to live in.



Raise Your Deductible



The lower your deductible, the more money you’ll have to pay for your insurance premium. Consider paying a higher deductible; yes, you will have to pay more out of pocket in the event of a disaster, but ultimately it can save you money. The money you are saving on your premium could be put away into a savings account so that you always have your deductible cost available.

Call Ed Cuellar for an Insurance Quote for your Home







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/04/02/384/

What Is Your Rate? | Many Ways To Get Cheap Car Insurance

What Is Your Rate? | Many Ways Of Getting Cheap Car Insurance



A little knowledge goes a long way when you are shopping for car insurance. Understanding why insurers offer better rates to some drivers and do not want to know about the others will help you in this process. Remember, regardless of how good your driving history is, qualifying for some of the discounts will lower the premium.





In fact, it is probably more beneficial to seek for reasons to ask rate reductions when you are paying over the odds. A ten percent cut may not be much fi the premium paid is already low. But it can be at least couple of hundred dollars for people with higher premiums.



Usually it is not easy to generalize the practices throughout the industry. However, below savings will be offered by most companies. It may take a while to be eligible for some of them. Still you can work your way slowly to achieve most of them after getting the ones apply to you immediately.



Here are the factors affecting the availability of better deals to you, Attainable reductions on rates and other ways of pushing for cheaper quotes.Factors Affecting Premiums Offered Directly

Driving History: Drivers pick up traffic violations, get into accidents and make claims along the way. The fewer the problems and signs of careless driving the lower the quotes will be. Generally, the latest records play more role in the calculation of costs. Most carriers look at the last five years. So, starting to be a bit more careful on the road and follow the traffic rules will gradually bring down your premium.

Yearly Mileage: The longer you stay on the roads the higher the risk of accidents. There are ways of reducing the mileage. For example, you can move closer to work and avoid long journeys where possible. Some people drive hundreds of miles for a short stay and come back the same distance. Flying and picking up a rental car there can be cheaper at the time and later on with the reduction on coverage costs.

Age and Gender: Statistically motorists over the age of 25 and women are safer. Sometimes switching the main driver from husband to wife could deliver the discounts. If you are buying a joint policy look to have the older person as the main policyholder.

Marital Status: Insurers believe that married customers are safer and offer them lower deals. You will not propose for the sake of more affordable vehicle insurance. However, if you do marry you should look into rearranging your policies as soon as possible.

Credit Score: In majority of states carriers can check the credit score of the applicant before they offer a firm quote. You might like to check your credit record for any mistakes or look for a provider that does not check financial history. In some cases, you could manage to talk your way out of rate increases by pointing out that your problems are now behind you (since you found a new job, for example) and you should not be penalized for unforeseen circumstances you suffered.

Zip Code: Your neighbourhood plays an important role in the way insurers assess risk just like daily commute to work. If there is a high level of car theft, crime and automobile accidents in your zip code you will get higher quotes. Many families choose to live outside of cities because of crime and commute longer to work. You just have to balance those two influential factors and of course your personal preference will be influential as well.

Overnight Parking: When the cars are parked on the drive way or even better in the garages they are less likely to get stolen or get knocked by other cars and smashed by drunken people fighting on the streets. You need to keep that in mind while house hunting.

Vehicle Insured: It is a well-known fact that some cars are considered to be safer and securer and insurers offer discounts for the owners. Those automobiles are generally safer for your family and less likely to be stolen due to additional security features. There is always a good reason when a financial institution awards its customers. If you fancy driving a sports car, you need to add the cost of insurance as well before judging if the pleasures are worth the costs because it will not be economical.

Reasons For Rate Reductions

Clean Claim History: Good driver with no claims within the last five years are the type that most companies like to attract. Even you had one or two claims by keeping it clean from now onwards you will be working your way to considerable savings each year.

Age Related: Generally, you will get better rates after the age of twenty five. Still you should be provided with some sort of cuts each year that passes without any traffic tickets or claims.

Installing Anti-theft Devices: Nobody likes to see their car stolen. Installing alarm and immobilizer or buying vehicles with these features already installed can pay back in time with economies provided.

Safety Features: Manufacturers keep developing better defence against accidents. That is why updating vehicles every four or five years can make sure that your family is better protected while you enjoy further savings.

Membership discounts: Military members and some automobile association members can get good discounts. If you belong to any association or group you should point that out.

Being Grade A Student: This is one of the best discounts a young person can get. They hardly have any driving history and therefore, keeping head down and studying shows responsibility. That is the reason many companies offer large savings to them.

Multiple Cars: Bringing all of your vehicles within one policy can allow you lower the premium considerably. So, you would have at least two companies to check for the best offer.

Multiple Drivers: This could be another way of bringing all the family cars under one policy. Especially couples share cars anyway, so why not insure them together.

Retirement: Retired people are expected to take it easier since they do not have to go to work every day. This reduction is mostly to do with using auto less, really.





Environmentally Friendly Choice: Every company likes to do their bit for the environment. You may be able to get even larger savings by specially seeking out those firms that offer larger cuts on the costs for green choices

Consolidating: Purchasing auto, home and life insurance through same provider can offer good discounts. So you could look into finding a great company to offer excellent rates for all of them and overall.Further Efforts To Find Cheap Auto Insurance Quotes

Comparison Shopping: Once you know the level of coverage you like, shop for several quotes. At this point, http://quotesinsuranceauto.org can help you find those competitive offers quickly thereby saving you time and money. Nearly every motorist can economize dollars by checking around a bit regardless of their zip code, age or claim history.

Larger Deductibles: Increasing deductibles is another way of lowering costs. This works pretty well when you want to buy more coverage but the quotations are coming too high. Instead of giving up on some of the cover you need you could set a larger deductible.

Completing Safe Driving Course: A few insurers offer these courses as well as the independent bodies. When you take it from the carrier you may face a rate hike if you fail.

Dropping Some Of The Coverage for Older Automobiles: The open market value of a vehicle drops down with age. At some point there may not be much point for insuring it for comprehensive and collision covers. Then, you could start putting some money away for the new car by dropping those covers and just leaving liabilities.

Checking Policy Accurateness: Normally, policyholders should check the accuracy of their policy at each renewal. There might be a mistake that is costing you cash.

Review Extra Covers Added: Over time you might realize that something included in your policy in the past is still there although there is no need for it any more. For example you might have bought a roadside recovery from another company and no need to have it in your auto policy as well.



Hopefully, you will be better equipped after reading all these points and do not hesitate to enquire about discounts or shop around for cheaper auto insurance rates. Knowing you can get will encourage you to ask.About us | Contact us |







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/03/21/what-is-your-rate-many-ways-to-get-cheap-car-insurance/

When To Choose A New Auto Insurance Provider

When To Choose A New Auto Insurance Provider



It’s not uncommon to hear about vehicle owners being misled and ripped off by their car insurance provider. They offer great deals and perks when you first take out insurance with them, but as you become a long time customer, the benefits slowly begin to deplete. When you’ve been with a company for an extensive amount of time, you’d expect to receive equally good, if not better perks than when you were a new customer, but this isn’t always the case.





If you’re in this kind of situation with your current auto insurance provider, you should first give them a call and ask if they can offer any discounts. If they’re unable to provide you with any savings, or if the cut is minuscule, you may want to start shopping around for a new insurance provider.



Knowing When to Switch



Not sure if you’re insurance company is ripping you off? If you’re dealing with any of the points below, it could be time to think about switching.



● Unhappy with Your Coverage



One of the most common reasons people change their provider is because they’re no longer happy their coverage. If you aren’t satisfied with the coverage that you’re paying for, don’t stick with it, shop around. There’s an extensive amount of options that are available to you, so just do some research. All companies want their customers to be satisfied and if that’s not how you feel, just look elsewhere.



● Continuously Rising Rates



If you have a clean driving record, you’d expect to have some discount on your insurance. However, if every year your rates continue to go up, you should begin to seek business elsewhere.



● Poor Customer Service



Most insurance providers are good at communicating with their clients, but if you’re trying to contact your insurance company and they’re making you jump through hoops just to talk to someone, they’re not worth the hassle. The company should be there to support you. If you were to get into an accident, who knows how difficult it would be to get the service, support and coverage that you pay for.



● Lack of Website



It’s incredibly uncommon for any business, especially an insurance company, not to have a website. If your provider doesn’t yet have a website, they’re either well behind the times or untrustworthy. Making payments and updating your policy are both things that you can do online when the company has an online presence. By not being online, they’re causing a lot of inconvenience to their clients.



● New Car



If you’ve just purchased a new car, it’s a perfect time to look for a new insurance company. Whether you were unhappy with your current insurance or not, if you have a shop around, you’ll probably find a company that can offer you the same coverage or better for less than you’re paying now. Many insurance companies will offer new customers a discount when they switch providers. If your new car has low mileage, you could also benefit from further savings.







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/03/05/when-to-choose-a-new-auto-insurance-provider/

Untitled

This Article is publish in the Mutual Benefit Group :

http://www.mutualbenefitgroup.com/insurance-101/personal-insurance-101/7-reasons-to-choose-an-independent-agent/

We found it very interesting and wanted you to have a look at it:



7 Reasons to Choose an Independent Agent



HOME \ INSURANCE 101 \ PERSONAL INSURANCE 101 \ 7 REASONS TO CHOOSE AN INDEPENDENT AGENT

Insurance can be a complicated purchase. You’re not buying bread or milk. You’re buying a promise of protection that could potentially make or break your financial well-being. How do you know that you’re making the right choices about coverage? Are you sure you’re getting the best possible value for your dollar? The options can seem bewildering.



Mutual Benefit has sold its coverage exclusively through independent agents for over 100 years. We’ve seen first-hand how the advice and advocacy of agents benefit our policyholders. Here are seven reasons why we believe the independent agency experience benefits you:



They give you a choice – Independent agents represent many different insurance companies that offer a wide variety of coverage options and price points. Most on average sell for five to eight different insurance companies. There’s no need for you to accept one quote from one company, and there’s no need for you to spend time filling out many different online applications to get your own quote comparisons. With their connections and their knowledge of the market, agents can often find a better value for your insurance dollar than you might find searching on your own. Agents do the shopping. You do the saving. They find you the right blend of price, coverage, and service.

They are licensed experts – Independents can explain the complexities of insurance in simple terms, helping you make smart decisions. They make a career out of assessing their customers’ insurance needs and matching them with the insurance carrier best equipped to meet those needs at a price the customer can afford. Think about it. While you might research wording for wills on the Internet, you’ll likely go to an attorney to ensure that the document is drawn up correctly. Why wouldn’t you seek the advice of a licensed insurance professional to be certain that your home, your auto, or your business is properly protected?

They are personal advisers – Agents not only find you competitive pricing, they make sure you are adequately covered. Working with you face-to-face, your agent becomes your personal adviser, taking the time to listen to you and understand your individual needs. They know it’s not just about finding a price you can afford; it’s also about making certain you are appropriately covered so that you don’t end up insurance-poor if you do suffer a loss.

They are your advocate – If you have a billing or claim concern, or need to change your coverage, your agent can be your advocate, working with the insurance company on your behalf.

They are right around the corner – Independent agents are your neighbors…they share your interest in the community where you live, and understand the benefits and challenges of living in your locale. They are often highly involved in the community, sponsoring youth sports teams, buying from your local businesses, supporting school organizations, and voicing opinions at the monthly Chamber of Commerce meeting. They are right around the corner, ready to help.

They offer one-stop shopping – Independent agents can often meet all of your insurance needs with the companies they represent, providing auto, home, renter’s, and business coverage. Many offer life and health insurance as well.

They are consultants for a lifetime – Independent agents periodically review your coverage. They are there to help you through all the changes in your life, whether you’re going from renting an apartment to buying a home, starting a business, getting married, renovating your home, adding a teen driver to your auto policy, or looking to cover that retirement condo.







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/01/24/350/

Buying Home Insurance

What You Need To Know Before Buying Home Insurance



A home is a significant investment. Your hard earned cash pays for the property and all of the items inside. It can take years to make a house feel like a home finally, and the last thing that you want is to lose it all in a disaster and not have any coverage to help your pay for the costs.



It’s imperative that you have your home protected in case of fires, a natural disaster, theft and more. Although homeowners insurance isn’t something that you should pass up on, there are still a few points that you need to know and consider before you purchase.





Points You Need to Understand



When it comes to buying insurance, you should never jump into buying the first policy that you come across. Investing in insurance is a decision that you need to think about thoroughly.



Not every homeowner will want the same type of insurance; there are various factors you should take into consideration to help you find a policy that will suit your needs. Do your research so that when it comes to selecting your insurance, you know what you’re looking for and doing.



Home Insurance Is Necessary



As the property owner, you’re the only one who can choose to protect your property. Without coverage for all of your personal belongings and property, if anything were to happen in your house, you’d have to pay for the costs out of pocket.





Consider Your Deductible



Before an insurance provider pays for any costs that you’re claiming, you must first pay your deductible. The lower your deductible, the less you’ll pay in the event of something happening to your property, but the higher your premium becomes. You need to consider your deductible and choose a cost that suits you the best.



Discounts



When taking out your insurance policy, it is worth checking if you qualify for any discounts. For example, you may be entitled to a discount if your home has a secure alarm system, deadbolts and an upgraded plumbing and electrical system. Insurance agents will be more than happy to discuss your options with you, so take the time to find out which policy would best suit your needs regarding coverage and price.



How Much Coverage Do You Need?



The more coverage you have, the less money you will need to pay in the event of a disaster. However, you don’t want to be over-insured as this can cost you more money than it’s worth. Ideally, you need to find the perfect amount of coverage that suits your circumstances best. In some cases, an insurance provider will make the decision on how much coverage your property and belongings needs.



Carefully Read the Policy



Let’s stress how important it is that you thoroughly read over your policy. When you invest in home insurance, the policy becomes a legal contract. All of your rights and your insurance provider’s rights are written clearly, and if you don’t look at it carefully, there could be some important points that you miss. For example, you may find that some insurance won’t cover you for certain natural disasters, so depending on where you live, you may want to consider getting extra coverage.







via Ed Cuellar Insurance Agency http://edcuellar.com/2017/01/03/buying-home-insurance/

Tip On How To Reduce Your Auto Insurance Costs

Tip On How To Reduce Your Auto Insurance Costs



Auto insurance, utility bills, and home insurance are just a few of the many costs that homeowners have to pay. Trying to save money in any way possible is vital to many people, and when it comes to auto insurance, there are ways of reducing your annual coverage cost. Why would you pay more when there’s a chance of paying less? To contribute to reducing your car’s insurance premium, take heed of the tips below. If you can save money on your auto insurance, you’ll have some extra cash, which is always nice.





● Park your car inside your garage – If your home has a garage and is currently used for something other than storing your vehicle – clear it out! With many insurance companies, if you park your car inside of your garage, they will often lower your insurance premium. Cars parked in a garage are a lot safer than on the street or your driveway. They have a lower risk of being stolen, broken into, crashed into, or vandalized.



● Car security and safety equipment – When you buy a new car, it will most likely have safety features built into it. These added features can help to reduce your auto insurance cost as they are made to protect the driver and statistically, a car that benefits from these safety features is less likely to be stolen or involved in an accident. Built-in safety and security equipment include anti-lock brakes, airbags, cut-off engine systems, and anti-theft systems. Other safety features that can save you some money are daytime running lights and a traction control system – these are not features that are included in all cars.



● Take a safe driving course – If you are a new driver or a senior driver, a safe driving course could help significantly to reduce your auto insurance cost. If you can successfully pass this driving course, many insurance companies will give you a discount on your car’s insurance premium. You don’t have to be a teen or senior; any driver can benefit from taking a safe driving course.



● Shop around and compare auto insurance quotes – Even when you already have insurance, getting quotes from different insurance companies can be helpful. You can compare the insurance quotes against your existing auto insurance cost – you may find that you are paying a lot more than quotes from other insurance companies. You don’t have to stick to the same insurance company for several years, keep comparing insurance companies to find the best deals.



● Higher deductibles – Deductibles typically range from around $0 – $1500. If you set a higher deductible, you’ll most likely get a lower premium.



● Switch your driver – If you have more than one car, which person drives which car can make quite a difference in the insurance premium cost.



● Education discounts – Statistically, if you have a graduate or 4-year degree, you are less likely to be involved in an accident. With some insurance companies, if you have a college degree, it may entitle you to some discount. Those under the age of 25 and still in education could also benefit from some auto insurance discount if they are getting high grades.



San Antonio



Texas







via Ed Cuellar Insurance Agency http://edcuellar.com/2016/10/27/tip-on-how-to-reduce-your-auto-insurance-costs/

6 Types Of Auto Insurance

6 Types Of Auto Insurance



When a driver is involved in an accident, if the car needs any repairs or the driver has needed medical attention, insurance will seem like a godsend. There is a broad range of insurance options available to drivers, and some can find choosing between them quite difficult. When you are looking for auto insurance, you don’t want to go for the first option that you come across. Make sure to shop around and see what different insurance companies can offer you. You want to pick an auto insurance policy that best suits your needs.





If you aren’t sure about the different types of auto insurance that are available, below is a list of 6 different types and everything that you need to know about them.



1. Collision insurance



If you are involved in an accident and you have a collision insurance policy, your insurance company will pay for any repairs that your vehicle needs. If you are in an accident, and your car is totaled, this type of insurance policy will also pay you the value of your vehicle before it was involved in the crash.



Collision insurance is worth having if your car is a lot newer and is still great in value. If your vehicle is older and its value is low, that particular insurance probably isn’t worth paying for, since if you were to get into an accident and the car was totaled, you wouldn’t get much of a payout.



2. Protection against uninsured or underinsured motorists



Although auto insurance is mandatory, it still doesn’t mean that everyone has it. There are a lot more uninsured drivers out there than you will realize. There are also many drivers who, in the event of an accident, are underinsured and would not have enough money to cover the expenses. Without protection against underinsured or uninsured drivers, you run the risk of being left with hefty bills for an accident that wasn’t your fault.



3. Liability insurance



When a state requires that you have some form of auto insurance for your vehicle, liability insurance is often the one that drivers select. If you were involved in an accident and you are found to be the one at fault, liability insurance would cover any necessary costs of damage or medical bills.



One of the problems with having liability insurance only is that if you are involved in an accident, you may end up not having enough money to repair your vehicle as well. If any claims exceed the limit of your coverage, you must take personal responsibility to pay for them.



4. Comprehensive insurance



Comprehensive insurance covers more than just a car accident. Whether your vehicle is damaged due to weather, an animal collision or by theft, comprehensive insurance will cover you. Comprehensive insurance can be a bit costly, but if you can afford it, it’s worth getting – especially if your car is new and is not easily replaced.



5. Medical and personal injury insurance



When a driver is involved in a car accident, injuries are almost inevitable – they may suffer anything from whiplash to a life-threatening injury. Medical and personal injury insurance will cover any medical bills of the driver and also the passengers.



6. No fault insurance



No fault insurance is not available in all states – it doesn’t matter who is to blame, this auto insurance will cover medical bills and property damage. No-fault insurance can be a bit pricey, so you need to compare all of your other options before making a decision.







via Ed Cuellar Insurance Agency http://edcuellar.com/2016/10/04/6-types-of-auto-insurance/

Young Driver Car Insurance

Saving Money On Young Driver Car Insurance



Statistically, young drivers are a lot more likely to be involved in car accidents – this can significantly increase the cost of auto insurance for teen drivers. When it comes to getting car insurance, new drivers don’t necessarily need their own insurance policy. It’s very common for the parents of these youngsters to add them to their insurance coverage as it works out a lot cheaper.



When parents add a young driver to their insurance policy, the premiums will increase, but not by a huge amount. The price that it increases by will still be a lot lower than a young driver getting an individual insurance policy. Here are some ways both the drivers, and their parents, can help reduce the cost of insurance.





How to reduce auto insurance



When it comes to insuring a young driver, many people automatically think of how costly it can be. There are many ways that young drivers and their parents can keep their insurance premiums down and affordable.



Young Drivers and Car Insurance



● Safe driver training course – Taking a safe driver course and successfully passing it is an excellent way to reduce your auto insurance. By passing the course, you are seen as a more reliable driver and less of a liability.



● Good grades – There are many auto insurance companies now that have a perk called good student discounts. If you are getting good grades in your education (a B average or higher), depending on your insurance company, you could get some well-earned discount.



● Higher deductible – Paying a higher deductible will help to lower your auto insurance premium. If you are on your parent’s insurance, you will need to get them to agree to increase the deductible.



● Driver’s Ed – Some states require young drivers to have driver’s ed but if your state does not, it’s worth enrolling in. If you can complete the driver’s ed course, depending on the insurance company you are with; you may be able to get some discount on your auto insurance.



● Avoid fancy vehicles – It’s every young driver’s dream to be able to pick out a brand new fancy car. If you are lucky enough to be able to do this, don’t. As a young driver, you’re much better off going for an older model. New models can be extortionate for young drivers to insure, so until you have a few more years of experience on your license, resist temptation and go for a car that costs less to insure.





Parents:



● Increasing your deductible – By increasing your deductibles, your auto insurance rates will automatically lower.



● Multiple vehicle discounts – With most insurance companies, if you add another car to an insurance policy, you can receive some discount.



● Encourage a sensible vehicle – A luxury car will be expensive for your teen to insure. Encourage them to invest in a car that is an older model and one that also includes safety features, as this will cost a lot less to insure.



● Collision and comprehensive cover – If your teenager is driving a car that isn’t of much value, collision and comprehensive cover may be some insurance options that you don’t need. If your teen is driving a newer car that is not easily replaceable, then definitely consider having collision and comprehensive cover.







via Ed Cuellar Insurance Agency http://edcuellar.com/2016/09/18/young-driver-car-insurance/