guide to auto
In a no-fault system, a person’s own insurance covers
his or her medical and economic costs regardless of
who caused the accident. In return, the insured person
forgoes the right to sue unless the injuries are severe
or permanent or more than a specified amount. A good
no-fault law cuts down on litigation and helps control
How do I get insurance?
You can contact a direct writer either through the mail,
over the phone or on the Internet. A direct writer sells
insurance directly to its customers through salaried
employees. Your other options include going to an
independent agent who sells insurance for several
different insurance companies. Or you can contact an
exclusive agent, one who is under contract to a particular
insurance company to sell only that company’s policies.
How can I bring down the cost of my insurance?
Drive safely. Nothing drives up the cost of insurance
more than a history of accidents and moving violations.
Pick your car carefully. High-performance cars are
tempting, but not only are they expensive to operate,
they’re expensive to insure. Pick a car with a good safety
record that’s less expensive to repair and that’s not on
the car thieves’ most-wanted list.
Increase your deductible. The deductible is the amount
of a claim that you pay. Usually, it’s $100, $250 or $500.
The larger the deductible, the lower your premium.
Maintain a B average for a ‘good student’ discount.
Attend a driver’s education course.
Finally, there’s one thing over which you have no control
that will lower your premium. Since young people,
particularly males, have higher crash rates than older
people, your premiums will be higher. But as you grow
older, and if your driving record remains good, you should
see your premiums decline.
InsurAnce Isn’t An optIon It’s A necessIty
You’ve waited a long time to get your driver’s
license. Now that the driving lessons are
behind you, n