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5 Things You Need to Know About Purchasing Auto Insurance

How to succeed at buying auto insurance!

1. Know your minimums.

Buying the minimum amount of coverage may sound like something you may want, but it may come back to bite you in the future when you file a claim. Lower premiums equal a higher deductible, meaning more out-of-pocket money.

2. There are discounts for everything.

Before taking that higher deductible, speak to your insurance agent about any discounts for which you may qualify.

3. Bundling.

If you have a homeowners insurance policy, bundling your car insurance with that same company may qualify you for a discount. Just make sure that both policies give you the coverage you need.

4. Installment payments are gross.

Installment payments can add up over time. Insurance companies will charge you extra for paying your premium over time. If at all possible, pay your premium in one lump sum—rather than monthly.

5. Red is nothing but a color.

The wavelength that is 620—750 nanometers to be precise. If those words mean nothing to you, they mean about the same to your insurance agent. Contrary to popular belief, this is just a myth that does not affect your insurance policy.

With these five things under your belt, you should be ready to purchase your auto insurance policy. In the event of an accident, call your insurance agent immediately. To get an auto insurance quote from Fox Insurance Agency in Beaverton, OR, call or use our free online service today.