Auto Insurance | Boizelle Insurance Partnership - Page 7

How Does Insurance Cover Parking Lot Accidents

The holiday season is nearly here, which means many shoppers will be driving in and out of store parking lots for the better part of a month. All that activity can up anyone’s chances of being in a parking lot accident. Which may lead you to wonder: How does insurance cover parking lot accidents?

If you damage someone else’s car in any way, it’s your responsibility—and possibly even the law—to leave a note if the other driver is still shopping.

“Not leaving a note is considered a hit-and-run in the vast majority of states,” says Dave Freeman, vice president and manager of Personal Lines Underwriting at ERIE. This applies even if it’s just a small scratch.

Unfortunately, some people won’t do the right thing. If you return to a dented or dinged car, you can ask around to see if there were any witnesses. If there aren’t any, ask the store if they have security cameras. “More and more stores are investing in cameras, which is giving investigators an opportunity to review an accident,” says Dave.

Sticky Situations

An at-fault driver’s auto insurance should cover the property damage they caused to the other vehicle. If the incident is a hit-and-run—or if the at-fault driver has no auto insurance or not enough insurance—you’ll have to rely on your own auto insurance to cover the damage. That’s assuming you purchased optional collision coverage on your own vehicle. Also, uninsured motorist property damage coverage that is available in some states protects your car if it’s struck by a hit-and-run driver. (A deductible may apply.)

Just keep in mind that you’ll likely need uninsured and underinsured motorist bodily injury coverage. This insurance coverage is optional in some states and mandatory in others. It covers you and your passengers’ damages if you’re injured by a hit-and-run driver, an uninsured driver or a driver who doesn’t have enough coverage to pay for your medical expenses, lost wages and pain and suffering. Your insurance agent can tell you more about this important coverage.

There is usually an at-fault driver when there’s a parking lot accident. But there are some cases where an accident is two drivers’ fault—for instance, two people may back out at the same time and hit each other. What typically happens in these cases is that each driver files a claim with their own insurance company.

Prevent Dings, Dents, and Accidents

From slowing down to parking at a distance from other cars, there are lots of ways to help prevent parking lot accidents. Yet nothing is foolproof. If you do get in a parking lot accident, Dave recommends not leaving a nasty note or getting into an argument—things can quickly get out of control. Instead, simply take down the contact information of any witnesses and call your insurance company.

Instances like these show how important the right auto insurance is. Talk to Boizelle Insurance to learn more about getting the right coverage for your car.

Originally by: Amanda Prischak, Erie Insurance

Read more

4 Reasons Why You’ll Want to Work With One Insurance Company

There are lots of ways to get insurance coverage these days, but working with one insurance agent and company for your business, home, auto, and life insurance has a lot of advantages. Here are four:

  1. Fewer worries – You’ve worked hard to build a solid financial foundation, so you’ll want to be sure everything is protected at work and home. Insurance can help protect your life, income, business and help keep a roof over your head.
  1. Saves time – Working with one company saves time and eliminates hassle because you won’t have to keep track of contracts at multiple companies.
  1. Helps prevent a gap and overlap – Just one coverage gap could put you, your family or your business at financial risk. Working with an insurance agent, you could reduce coverage gaps and avoid overlaps.
  1. Saves money – Get coverage for your business and personal life without having to choose between great protection and saving money. When you buy multiple insurance policies with one company, discounts are typically available. For instance, with Erie Insurance, a discount is available if you have a qualifying life or home policy in addition to your auto policy.1

The Licensed insurance agents at Boizelle Insurance have a lot of experience helping people with their insurance needs. We’ll explain what types of coverage are available, answer your questions and can help make sure you have the right coverage at the right price. To get started, contact Boizelle Insurance today.

1ERIE® life insurance products and services are provided by Erie Family Life Insurance Company, a member of Erie Insurance Group, and are not available in New York. See individual policies for specific coverage details. Certain terms and limitations may apply. Refer to our disclaimer for additional information.

Originally by: Carolyn Sennett, Erie Insurance

Read more

Reduce Your Car Insurance Premiums

Writing a check for car insurance isn’t your favorite thing in the world. We get it. Here are a few tips to help you get great auto insurance coverage—while paying less:

  • Drive Safely: Seems obvious, but it’s true. If you get into fewer accidents, your premiums are lower. We also offer First Accident Forgiveness so one little mishap won’t send your payments through the roof. Talk to us for details.
  • Bundle: When you insure more with ERIE, we’re able to cut you a break on your premiums to thank you for your loyalty. Whether that means insuring multiple cars with us or buying life insurance with us, buying in bulk saves you money.
  • Discounts: Ask us about what discounts you qualify for—you might be surprised. From discounts for college students and drivers 55+ to safe driver discounts, you can save in many ways.
  • Lock it in: With ERIE Rate LockSM, your low, locked-in premium will never change—even if you submit a claim—until you add or remove a vehicle or driver, or change your primary residence.

At Erie Insurance, it’s our job to keep you safe and covered—but great coverage doesn’t have to break the bank.

Contact Boizelle Insurance to find out how you can reduce your premiums while keeping the level of protection you have learned to expect.

Originally Posted by: Erie Insurance

Read more

Lowering the Cost of Auto Insurance

If you’re looking for insurance, you’re interested in lowering your auto insurance rates. Have you ever wondered how auto insurance rates are determined?

Insurance companies must balance rates with the cost to cover claims. Factors that may affect the cost of your policy:

  • Accident history
  • Driving record
  • Vehicle make and model
  • Annual mileage
  • Vehicle usage
  • Your credit-based insurance score
  • Your age and eligibility for discounts

Auto insurance rates vary by state too. Rates in any given state are based in part on historical claim frequency and repair costs for car accidents or theft, as well as other factors like the cost of medical care. Within a state, some territories have higher rates than others.

Keeping Rates as Low as Possible

Why are auto insurance rates rising?

Insurance companies pay claims using the money collected from their Policyholders. Higher auto repair costs, higher medical bills, and costlier auto accident lawsuits have made claims more costly to settle.

ERIE does all it can to control expenses and offer low rates, but as the costs increase for goods and services, premiums must be raised to cover those expenses. Premiums could also increase on individual policies because additional drivers are added, there is a change in the autos insured, or an accident or violation results in the loss of a discount.

Erie Insurance is committed to keeping your auto rates as low as possible through fiscal responsibility and disciplined underwriting practices. ERIE further lowers your rates through numerous discounts.

ERIE also offers ERIE Rate Lock®, which helps you avoid auto insurance rate increases. Even if you have a claim, your rates won’t change until you make certain changes to your policy:

  • Add or remove a vehicle from your policy
  • Add or remove a driver from your policy
  • Change your primary residence

We’d like to explain the details in person or on the phone. Contact Boizelle Insurance to get an auto quote that includes ERIE Rate Lock®.

By: Erie Insurance

Read more