5 Tips to Get the Most Out of Your Allstate Insurance in Utah
Your car insurance may seem like the least important aspect of your life when you’re driving around town, but it’s really one of the most important parts of your coverage plan, since it’s helping to ensure that you won’t have to pay out of pocket if you ever get into an accident or have your car stolen, etc.
For allstate insurance in Utah and elsewhere, this five-step guide can help to ensure that you don’t overlook anything as you’re choosing and configuring your policy.
1) Talk to your agent
Before you sign up for a plan, call your insurance agent and discuss what type of insurance is right for you.
Each state has different requirements, coverage options and companies that operate there—all things that may impact your decision.
Make sure you ask plenty of questions and do your due diligence before choosing a plan.
For example, you might want to know:
- What kind of discounts are available?
- What’s my deductible?
- What’s covered under each type of policy?
- What’s not covered?
- How much will it cost me?
- Is there anything else I should consider?
The last thing you want to do is commit to an expensive or inadequate policy only to realize later that you need more coverage.
And remember, if you have any pre-existing conditions (such as a chronic health condition), they must be disclosed when applying for new plans.
If they aren’t disclosed and your insurer finds out after paying out claims on your behalf, they can come back at any time and seek reimbursement for those costs.
Not disclosing a pre-existing condition could result in higher premiums, so it pays to be honest from day one.
It also never hurts to shop around every year or two; while most policies remain stable throughout their term, sometimes insurers offer incentives to get customers to switch providers.
2) Review your policy, choose add-ons carefully
The deductible is your out-of-pocket expense that’s covered by your insurance company before they begin paying out.
If you want lower premiums, consider raising your deductible, but it comes with trade-offs:
You’ll have to pay a lot more if you get into an accident.
It’s important to review your policy and choose add-ons carefully; some might not be worth it for you.
For example, while roadside assistance may seem like a good idea, most people who call for help don’t actually use it (and therefore waste money).
On the other hand, theft and comprehensive coverage are often worth their price tags because they can protect against unexpected expenses—like repairs or replacing everything inside your car after a crash—that could cost thousands of dollars without coverage.
These types of add-ons should also factor into how much you raise your deductible.
Here’s a list of standard add-on coverage and what they cover.
Remember, though, these will vary based on your state and type of policy.
A vehicle service contract covers mechanical breakdowns related to normal wear and tear on a vehicle over time, as well as maintenance services like oil changes.
An extended warranty covers repairs from malfunctions during a certain time period following an item’s purchase date.
If you need protection from these kinds of expenses, choosing high deductibles for collision/comprehensive and liability will give you more leeway when choosing one of these options.
3) Shop around
When you’re buying insurance, it’s a good idea to shop around.
Many people find that they can save on their coverage simply by visiting one website and getting quotes from various companies.
It’s also a great way to see what other options are available.
Simply get your information, find a few top-rated companies, and go from there.
You never know; you may be able to cut down on your costs without sacrificing quality service or coverage.
If you don’t want to take any chances, call your agent for advice.
What is my deductible?
A deductible is an amount of money that you pay out-of-pocket before your insurance kicks in (it’s like an entrance fee).
So if something happens—your phone gets stolen or damaged—and your policy has a $100 deductible, then you will have to pay $100 out of pocket before receiving payment from your insurer.
Some policies have no deductible at all, while others have deductibles as high as $1,000.
Shop around! Different deductibles mean different prices.
If you need help understanding your policy or finding a company that fits your needs, talk to your agent.
They’ll walk you through everything you need to know about choosing insurance and will offer expert guidance throughout the entire process.
4) Use discounts to lower your premium
One of the easiest ways to make your insurance rates go down is by taking advantage of all discounts you qualify for.
These might be credits for buying multiple policies, being a low-risk driver or having safety features on your car like anti-lock brakes or electronic stability control.
You can get a list of these discounts on your auto insurance policy after your first year, and some states require insurance companies to give you a list every year.
Make sure you take advantage! If you don’t ask, you won’t receive.
And even if you do ask, they may not offer it up—so always try! Just because your company offers something doesn’t mean they want to give it away—and that goes for everything from promotions to rebates.
So don’t be afraid to negotiate with them; if they say no, try someone else.
Remember: You have options.
Don’t settle for less than what you deserve just because one provider says so.
Take a look at other providers who are willing to work with you and find out what they can offer.
It may be more than what you had before, but if it saves money then why not? Never forget about online resources either! There are tons of comparison sites out there that will help you find lower prices from different insurers.
Some even let you compare quotes side by side and see which insurer gives you the best deal.
Think outside of your current box, and you could end up saving yourself some cash.
Research new cars carefully:
When we buy a new car we think about how much we love it, how great it looks or how fun driving it is…but what most people don’t consider is their insurance rates when purchasing a new vehicle.
5) Check out IDP options, including car security and skylink
First and foremost, you need to make sure that your car is properly insured.
With auto insurance, coverage for damages can be arranged either by purchasing separate policies for each kind of insurance you want (compulsory third-party, fire and theft, etc.), or getting one policy that combines multiple types into one (comprehensive).
Compulsory Third-Party liability covers you against any damage or injury to a third party caused by your vehicle.
In addition, if you are involved in an accident with another driver who does not have his own insurance, your CTP will cover all costs related to injuries sustained by people riding as passengers with you at the time of an accident.
If you have comprehensive insurance, it will also cover loss or damage due to things like floods, earthquakes and even acts of God.
Comprehensive coverage usually includes additional items such as glass breakage, rusting and wear and tear on mechanical parts.
It’s important to note that comprehensive insurance isn’t compulsory in most states, so if you live somewhere where it isn’t required, you may want to consider whether or not buying it makes sense.
This kind of policy may be more expensive than some others because there are more potential risks covered under its umbrella.