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You've got real questions about auto
insurance, and we've got real answers.
This section is dedicated to shedding light on questions
you should ask to get the right coverage.
Keep in mind that some questions are more specific to individual policies.
Though general guidelines are available on these questions, you'll need to provide
information to your agent in order to get answers tailored to your unique situation.
Because insurance laws vary from state to state, and coverage may not be available in
some areas, the information provided may not apply in all situations.
If you don't find what you're looking for, to answer
all your insurance questions.
Why do young men pay
more than young women for car insurance?
Statistics show that young men have more accidents and
claims. In recent years, however, claims for young women
are on the rise, so you may notice less difference in
rates.
When should I drop my
collision coverage?
Generally, when your car is 10 years old, you may consider
dropping collision coverage. Condition and care of vehicles
can vary greatly by individual. Before you drop collision
coverage, it's wise to discuss with your agent or company
about the value of your vehicle in the event of a claim.
If you have a loan on your vehicle, you need to check
with your lending institution to see if you can drop
your collision coverage.
Whether my car is three
years old or brand new, does my insurance buy me a new
car if it is wrecked beyond repair?
Normally, no. If the car is damaged beyond repair, most
insurance companies will only pay you the "used"
car value; however, Our 100% repair/replacement coverage
protects your newer vehicle for up to four model years.
With most auto insurance, you only receive the "market"
value if your vehicle is damaged beyond repair. But
with The Keeper, we will pay the full repair cost even
if it exceeds the value of the car. If the estimated
repairs exceed the cost of a new car, COUNTRY SM pays for
a brand new car or light truck--same make and model!
This option may not be available in your area, and some
restrictions apply, so ask a COUNTRY agent for complete
details about this option.
See policy endorsement for fire, theft and larceny exclusions.
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Why do I need Medical
Payments coverage on my car policy when I have good
health insurance?
Medical Payments provide coverage for people riding
in your vehicle who are injured in an accident and may
not have adequate medical insurance. Your health insurance
does not pay for your passengers.
Why do I need Uninsured
Motorist or Under insured Motorist coverage when there's
a mandatory insurance law, and what does it cover?
Sadly, not everyone complies with mandatory insurance
laws. This coverage pays for medical bills, other liabilities
(loss of wages, pain and suffering), and injuries for
you and your passengers when the other driver is at
fault and without adequate insurance.
The value of my vehicle
goes down each year. So, why does my insurance premium
continue to increase?
Unfortunately, costs continue to rise for legal fees,
medical expenses, and repairing damage to vehicles.
All consumers share in these costs.
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Are others covered while
driving my vehicle?
Yes. Generally, other licensed drivers are covered while
driving your vehicle with your permission.
If I purchase a new
vehicle this weekend, am I covered?
Yes, with most companies there's automatic coverage
for a newly acquired or additional vehicle if your current
carrier insures all of your vehicles. Generally, you
must notify your insurer within 30 days after you acquire
your new vehicle (or before your next bill is due).
It's advisable to insure a newly acquired or additional
vehicle immediately.
When should I buy Road
Service Coverage on my auto policy?
It is wise to purchase road service coverage when the
manufacturer of your vehicle does not provide it. You
may want to compare the manufacturer's coverage with
that offered on your policy so that there are no surprises
or coverage gaps.
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