Do You Have All the Auto Coverage You Think You Have?
Millions of auto owners are involved in accidents every year—and if that weren’t bad enough, some people are often stunned to find out that their auto coverage actually may not cover everything they anticipate. For instance, many auto policies will take a deduction for depreciation--even if the car is brand new and is involved in an accident while driving off the dealer’s lot!
Below are some questions you should ask before purchasing auto insurance:
- If your new car is damaged beyond repair, will your auto insurer replace the vehicle with a new one, or take a deduction for depreciation? Many insurance policies specify that they will only reimburse you for the blue book value of your vehicle, not for the vehicle’s sticker value, no matter how recently the vehicle was purchased.
- If your older auto is involved in an accident, will your auto insurer replace items like tires, batteries, steering and electrical wiring components in full, without taking a deduction for depreciation?
- If you have an accident while driving a rental car and it needs repair work, will your auto insurance pay the rental agency’s expenses for daily loss of rental income while the auto is out of service? Will it pay for the towing, storage and administrative costs the rental company may incur?
As a WTA member, you now have the opportunity to apply to purchase quality auto insurance at special rates that are designed to save you money, with hassle free payment options, and personalized service.
For more information, free insurance reviews, and no obligation premium quotes, call
click here to get a quote. Be sure to mention your
group code: BGX.
© 2008 MetLife Auto & Home is a brand of Metropolitan Property and Casualty Insurance Company and its Affiliates, Warwick, RI. L0608CW6X(exp0810)(xMA,NC)MPC-LD 0608-2063 1900029679(0906)