FAQs Archive - Page 3 of 3 -

Q: What kinds of questions should I be expected to answer when I am applying for an insurance policy? Why do insurers need so much information?

When you apply for an insurance policy, you will be asked a number of questions. For example, the agent might ask you your name, age, gender, address, etc. In addition, you will be asked a number of other questions which will be used to determine how likely you are to make a claim. When an insurance company is deciding whether or not to offer car insurance to a potential customer, they will want to know about the person’s previous driving record, whether the driver has any recent accidents or tickets, and what type of car is to be insured. Insurance companies have different programs for different customers. Adults with good driving records will generally pay less for auto insurance than will a young driver with traffic tickets. In order to determine which program you qualify for, an insurance company needs basic information about you. In addition to your age, gender and driving experience, information about the vehicle you drive, and how you drive it, is also needed to determine a fair price. For example, a large luxury car costs more to repair or replace than a sub-compact; and, someone who commutes 30 miles each way is more likely to be in an accident than someone who rides the bus to work and drives only on weekends.

What is the difference between collision physical damage coverage and comprehensive physical damage coverage?

Collision is defined as losses you incur when your automobile [...]

By zappainssvcs|2021-03-30T14:37:41+00:00March 30, 2021|Auto Insurance|Comments Off

I have an older car whose current market value is very low – do I really need to purchase automobile insurance?

Most states have insurance laws that require drivers to have [...]

By zappainssvcs|2021-03-30T06:48:48+00:00March 30, 2021|Auto Insurance|Comments Off

What are the advantages to using an agent to purchase insurance?

By using an agent to purchase insurance, the policyholder receives [...]

By zappainssvcs|2021-03-30T06:48:25+00:00March 30, 2021|General Insurance|Comments Off

What kinds of questions should I be expected to answer when I am applying for an insurance policy? Why do insurers need so much information?

When you apply for an insurance policy, you will be [...]

By zappainssvcs|2021-03-30T14:36:00+00:00March 30, 2021|General Insurance|Comments Off