| Re: Insurance pros and cons..... |
Subject: Re: Insurance pros and cons..... by 1Fast04Vert on 2008/5/21 13:06:23 My wife and both daughters are adjusters for State Farm, and they are constantly amazed at how many people pay for insurance and never even know their coverages. "Full Coverage" actually means nothing, it is slang for I think I am covered since I pay a lot of money and my agent hasn't fully explained my policy. How the value of a car is reached in Georgia is by KBB, autotrader and Craig's list are also used to get comparisons on occassion. However, it will vary by state, just as State Farm will offer different coverages in different states, often necessary to comply with local laws, rules, and regulations. Many people do not even know what comp coverage is and what exactly it covers, nor how inexpensive it is to take comp coverage to a zero deductable. Bottom line is you need to talk to your agent, be sure he understands exactly what you want and see if he can meet your expectations for a reasonable amount of your hard earned money. ps--If you are still making payments on any car be sure you have gap insurance (VERY IMPORTANT)! |
