Auto Insurance Costs

Auto Insurance Costs

If you own a vehicle, you should own an auto insurance policy. Have you ever wondered how the cost of your policy is determined? There are a number of different factors that impact the cost of your auto insurance. While not all companies use the same parameters, we will help you understand what commonly determines the bottom line of your auto policy.

First, your driving record – The better your record, the lower your premiums. If you have been in accidents or had serious traffic violations, it is likely you will pay higher premiums. How much you use your car is also considered while determining the cost of your premium. The more miles you drive, the more chance for an accident. Even where you park is taken into consideration. Do you park in a secure garage? Or do you park on a street?

Other factors taken into consideration while determining your auto insurance costs are: your age, your gender, the car you drive, and the amount of auto insurance you wish to carry. Mature drivers generally have fewer accidents than beginners. Statistics show that women are involved in fewer accidents, and when women are involved in an accident they tend to be less severe than men. The cost of your car and the amount of insurance coverage you want to carry are major factors in the cost of your policy as well.

There are many different factors that go into determining the cost of your auto insurance policy. Some factors can vary from one area or state to another. To get the best idea of the cost you will pay for auto insurance, contact us to request your free auto insurance quote!

Source: https://www.iii.org/article/what-determines-price-my-auto-insurance-policy

SAFE DRIVING MEANS SAVING MONEY

drive_safely__optimized

Do you want to save money on your auto insurance by driving safely? Most companies are using car telematic programs to do so.

Car telematic programs are wireless devices that communicate with each other. In the world of auto insurance, this means that insurers collect data by using a cell phone app or a small in-car tracking device. Yes, that might sound intimidating but there are many reasons these devices could be useful to you.

Lower Rates. Do you want to pay less for car insurance? Your car insurance should be based on how you drive, not the age of the driver. Careful drivers can be rewarded for their good driving habits. Whether it is a lower deductible or premium, you will see exactly how your driving affects you.

Misuse. Trying to save your family vehicle for as long as possible? Telemetric information can help discourage the misuse of your vehicle so it will have a longer life in the family. Some devices will let you know when you are braking or accelerating too hard, which could decrease the life of your vehicle.

Teen Drivers. Having a teen driver out on the roads for the first time can be scary. Telemetric tracking devices allow you to see if your teen is driving safely. Are you scared of them being reckless with the family vehicle? You are able to gather information such as braking or accelerating too quickly, for a teaching moment that could one day save their life.

There are many carriers that use this technology today. Each carrier has their own unique device or app that allows you to personalize your rates based on how you drive. You can start saving by calling our agency.

Sources:

https://www.brickhousesecurity.com/gps-trackers/apps-vs-devices/

https://twocents.lifehacker.com/should-you-let-your-insurance-company-track-your-drivin-1845201248

https://www.compare.com/auto-insurance/resources/how-insurance-telematics-work

Crash-Avoidance Features Complicate Auto Repairs But Are Still Valued

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As more new vehicles become equipped with crash-avoidance features, some owners report significant issues with the technologies after repairs, according to a recent report from the Insurance Institute of Highway Safety (IIHS).

In the survey, approximately half of those who reported an issue with equipped front crash prevention, blind-spot detection, or rearview or other visibility-enhancing cameras said at least one of those systems presented problems after the repair job was completed.

Nevertheless, many owners remained eager to have a vehicle with these features and were pleased with the out-of-pocket cost, according to Alexandra Mueller, IIHS senior research scientist.

“These technologies have been proven to reduce crashes and related injuries,” Mueller said. “Our goal is that they continue to deliver those benefits after repairs and for owners to be confident that they’re working properly.”

Still, as problems with these technologies persist, the study notes that it is important to track repair issues to further the adoption of crash avoidance features. IIHS research has shown that front-crash prevention, blind-spot detection, and rearview cameras all substantially reduce the types of crashes they are designed to address. For example, IIHS said, automatic emergency braking reduces police-reported rear-end crashes by 50 percent.

An analysis conducted by the IIHS-affiliated Highway Loss Data Institute (HLDI) showed the reduction in insurance claims associated with Subaru and Honda crash-avoidance systems remained essentially constant, even in vehicles more than five years old. But repairs can make it necessary to calibrate the cameras and sensors that the features rely on to work properly, making repairs complicated and costly.

For example, a simple windshield replacement can cost as little as $250, while a separate HLDI study found vehicles equipped with front crash prevention were much more likely to have glass claims of $1,000 or more. Much of that higher cost is likely related to calibration.

The new IIHS study found that owners often had more than one reason requiring repairs to these safety features. Most had received a vehicle recall or service bulletin about their feature, but that was rarely the sole reason they brought their vehicles in for service or repair.

“Other common reasons — which were not mutually exclusive — included windshield replacement, crash damage, a recommendation from the dealership or repair shop, and a warning light or error message from the vehicle itself,” according to the study.

Repair difficulties could motivate drivers to turn off crash avoidance features, potentially making collisions more likely.  But, despite the post-repair issues, the study found that slightly more than 5 percent of owners would opt not to purchase another vehicle with the repaired feature. As reckless driving and traffic fatalities continue to rise, advanced driver-assistance systems will only become more important for the roadway safety, necessitating reliable technology. 

Source:  Max Dorfman | https://www.iii.org/insuranceindustryblog/crash-avoidance-features-complicate-auto-repairs-but-still-are-valued/

Safe Driving

Do you want to save money on your auto insurance by driving safely? Most companies are using car telematics programs to do so.

Car telematics programs are wireless devices that communicate with each other. In the world of auto insurance, this means that insurers collect data by using a cell phone app or a small in-car tracking device. Yes, that might sound intimidating but there are many reasons these devices could be useful to you. 

Lower Rates. Do you want to pay less for car insurance? Your car insurance should be based on how you drive, not the age of the driver. Careful drivers can be rewarded for their good driving habits. Whether it is a lower deductible or premium, you will see exactly how your driving affects you. 

Misuse. Trying to save your family vehicle for as long as possible? Telemetric information can help discourage the misuse of your vehicle so it will have a longer life in the family. Some devices will let you know when you are braking or accelerating too hard, which could decrease the life of your vehicle. 

Teen Drivers. Having a teen driver out on the roads for the first time can be scary. Telemetric tracking devices allow you to see if your teen is driving safely. Are you scared of them being reckless with the family vehicle? You are able to gather information such as braking or accelerating too quickly, for a teaching moment that could one day save their life.

Dial Insurance

Sources: 

https://www.brickhousesecurity.com/gps-trackers/apps-vs-devices/  

https://www.compare.com/auto-insurance/resources/how-insurance-telematics-work

https://twocents.lifehacker.com/should-you-let-your-insurance-company-track-your-drivin-1845201248

How to Change a Tire

Knowing how to change a tire is a necessary skill for all drivers. You might be thinking, “I pay for a AAA membership so that I get roadside assistance and don’t have to worry,” or “I have a cell phone, I can just call someone to help.” Even if this is the case for most situations, there are still plenty of situations where these reasons don’t cover you.

WHY SHOULD YOU KNOW HOW TO FIX A FLAT TIRE?  

1. Cell phones don’t always have service

In this day and age, we depend heavily on our cell phones, but cell service doesn’t always cover what it says it will. Landscape, weather, the locations of antennas, and the cell network capacity all play a factor in you getting your service when you need it. 

2. You might get a flat in a dangerous place

Even more serious would be finding yourself in a remote, secluded area with a flat tire. People can be dangerous, so we recommend getting help from a source you trust, if possible, like your roadside assistance. But sometimes roadside assistance cannot reach you within a reasonable amount of time. If you’re out on the road, it may take several hours to get help. In the meantime, you are putting yourself at risk by staying in this spot. 

Other danger factors include weather conditions and where you had to park your vehicle (like a spot that slows down or blocks traffic). This isn’t to mention if you are in a rush: say you are on the way to an important meeting or need to catch a flight – knowing how to change the tire yourself can get you back on the road quickly.

3. You might save money

Aside from saving time, you might save yourself some money. If you don’t have roadside assistance or a friend who can help, your only other option may be to call a towing company to take it to a nearby repair shop. Needless to say, this is much more time and money than simply doing the job yourself.

Thankfully, changing a tire isn’t all that hard! Just adhere to the following guidelines to be prepared in case you have a flat.

ITEMS YOU’LL NEED TO FIX A FLAT TIRE

These items should have come with your vehicle: jack, lug wrench, fully inflated spare tire, and a vehicle owner’s manual.

If you have misplaced any of these items, or if your car did not come with these items, you should purchase new ones right away. And be sure you’re regularly inflating the spare tire to your vehicle manufacturer’s recommended PSI. You should check the spare’s air pressure every time you check your other tires. Remember to check pressure every month and before long trips or carrying an extra load.

Here are some items that don’t come with your vehicle but that you should stow in your trunk or glove box in case you have to change a flat tire: a flashlight with working batteries, a rain poncho, a small cut 2″x6” wood to secure the jack, gloves, and wheel wedges.

HOW TO CHANGE A TIRE

The long and short of this process can be found in the list below. For a full video on step-by-step directions, visit Bridgestone Tires.  

1. FIND A SAFE LOCATION

2. TURN ON YOUR HAZARD LIGHTS

3. APPLY THE PARKING BRAKE

4. APPLY WHEEL WEDGES

5. REMOVE THE HUBCAP OR WHEEL COVER

6. LOOSEN THE LUG NUTS

7. PLACE THE JACK UNDER THE VEHICLE

8. RAISE THE VEHICLE WITH THE JACK 

9. UNSCREW THE LUG NUTS

10. REMOVE THE FLAT TIRE

11. MOUNT THE SPARE TIRE ON THE LUG BOLTS

12. TIGHTEN THE LUG NUTS BY HAND

13. LOWER THE VEHICLE AND TIGHTEN THE LUG NUTS AGAIN

14. LOWER THE VEHICLE COMPLETELY

15. REPLACE THE HUBCAP

16. STOW ALL EQUIPMENT

17. CHECK THE PRESSURE IN THE SPARE TIRE 

18. TAKE YOUR FLAT TIRE TO A TECHNICIAN

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Source: https://www.bridgestonetire.com/tread-and-trend/drivers-ed/how-to-change-a-flat-tire# and https://www.procarecollision.com/why-it-is-important-to-know-how-to-change-a-flat-tire/