by Ela » Wed Dec 02, 2009 08:33 am
Hello Everybody,
I want advice from you guys about Auto Insurance coverage. I want new insurance policy for my car. Can anybody tell me from where i can get good service.
Thanks.
I want advice from you guys about Auto Insurance coverage. I want new insurance policy for my car. Can anybody tell me from where i can get good service.
Thanks.
Posted: Thu Dec 03, 2009 04:06 am Post Subject:
So you suggesting signing up for the insurance so that they issue a policy/contract and _then_ reading it to see if you should commit? The point being, who obtains a policy _before_ they pay for it? Also, what does the contract say about the claims service? I've read many polices and none of them have ever stated how a claim will be handled or how good the service will be.
Policies are pretty standard... they tell a person _nothing_ about the service. The service is far more important in a claim then the wording of a policy.
Posted: Thu Dec 03, 2009 05:00 am Post Subject:
No,, I'm not suggesting obtaining the insurance just to read the contract, but advising to read the contract anyway. Not sure if Mercury Insurance in in Utah, but here in CA, their policies have interesting language, such as if you let anyone other than a named insured drive your vehicle, the liability limits are automatically reduced to state minimums (15/30/5). Doesn't do me much good to carry 250/500 if I'm placed at risk like that.
And you're right . . . all the hype over how good "our service" is in the event of a claim depends on which commercial one watches on TV. Nevertheless, as many positives as you get about one company, you're just as likely to get an equal number of negatives if you talk to enough people. Generally speaking, if the company a person is considering has instant name recognition, it will probably take care of their claim in an orderly fashion.
Since I can't remember the last time I had an auto claim, I guess I have to hope that reptile of mine is reliable.
Auto insurance fraud is the #1 type here in California, with as many as 50% of all claims suspected as being fraudulent. And we have a big problem with agent theft of premium and bogus policy issues. That's the impetus behind my words of caution to verify one's coverage if they've obtained "insurance" from an unknown agent.
Posted: Thu Dec 03, 2009 06:08 am Post Subject:
However, the captive agent, can get some things done, especially if he/she is a high producing agent.
So, you have to know what exactly you're dealing with. There's no doubt that the captive agent has detailed knowledge of how the carrier works. That's probably one reason why he has a better pull with the claims.
Posted: Thu Dec 03, 2009 07:05 am Post Subject:
Not sure if Mercury Insurance in in Utah, but here in CA, their policies have interesting language, such as if you let anyone other than a named insured drive your vehicle, the liability limits are automatically reduced to state minimums (15/30/5). Doesn't do me much good to carry 250/500 if I'm placed at risk like that.
Same state laws for UT, allow policy limits to be lowered to state minimum.... but at least in UT, the owner cannot be held liable if someone else is driving. If I loan my car to someone else and they cause an accident they are only going to get the state minimum from my policy.... but should I be responsible for what they do? Also, if they have insurance, it's excess over mine to protect them.Since I can't remember the last time I had an auto claim, I guess I have to hope that reptile of mine is reliable.
But as mentioned, a body shop should know first hand how good a carrier handles auto claims, no? At least as far as repairs to a vehicle which is what people are probably most concerned about.Auto insurance fraud is the #1 type here in California, with as many as 50% of all claims suspected as being fraudulent.
Look no further then the state laws against insurance companies and the litigation that goes on in that state partially do to the laws. Many carriers won't even right in CA for these reasons.Posted: Thu Dec 03, 2009 11:42 am Post Subject:
That's probably one reason why he has a better pull with the claims.
could be Steven.As to the policy language especially auto policys..maybe it's just my state, but, I've read the policys of probably oh, ten different carriers at least, I've found one, (that 1) difference in one (1) policy and that added coverage (waived deductibles if in an accident with another person insured with this same company)..I would be willing to bet that UT and CA same as MO state law only requires state min.
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