Here are some auto insurance tips for those that live in Plano or Texas.

The law requires liability insurance for all drivers and vehicles. This means that if you are involved in a serious accident, and it turns out that it was your fault, your insurance company will pay out any claims that are made against you. Extra coverage on your own vehicle, called comprehensive and collision insurance, is optional.

Insurance companies based on a number of risk factors will calculate the price you pay for this insurance. Basically how it works is the more they feel you are at risk of crashing, and the more they think the resulting crash will cost them, the higher the premium you’ll pay.

Here are some things to note for those of you that live in Plano area.

Assessment

Common factors that can determine the premium are the value of the car you’re driving, the safety of that vehicle, the coverage you want, and will there be deductibles or limits? How much you’ll drive your vehicle, what shape your driving record is, how long you’ve held your license for, your age, and if you are young, also your gender all play a role.

The premium is then calculated after all information is accounted for. Usually there is a flat rate per car, and flat rate per 6 months or year that everyone pays, regardless of other factors. The other factors will then alter this rate, generally upwards. So if your car is especially fast or dangerous your rate will be increased by a set amount. If it is very old, your rate goes down depending on your coverage (liability usually is the cheapest). If you’ve had one or more accidents in the past, your rate will go up. If you’re young and male, your rate will go up. The more of these factors you satisfy, the more your rate will be going up. On the flip-side the opposite is true and the rates can go down; for example if your an older male with just liability and have a great driving record your rate should be cheaper than if you had a bad record with a sports car with full coverage.

Discounts

Discounts can range from being married, military, automatic payment, and low mileage use. These are considered drivers that tend have less risk and less of a chance of getting into an accident on the road insurance companies say. If you have question or concerns about discounts or how many you qualify for you can simply go to our Plano, Tx. office page and submit a quote online or give us a call for a free consultation at (972) 546-4310

Final Note: The best way to save on car insurance is to shop around, keep a good clean driving record, drive safely, and choose cars that are not known to be sports cars etc.

We have been in service for over 35 years and have a superior professional knowledge of discounts and what to look for to save you money. We even work with a trusted network of our insurance companies we write policies with. So we don’t leave it up to chance of saving you money, we put in the hard work of looking for the best plan and discount for you.

Other useful links: Motor Vehicle Office’s in Collin County

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