What Your Richmond Auto Insurance Agent Knows
Any Richmond auto insurance agent worth his weight will be able to field your basic inquiries off the top. But if you’ve been routed to an agent that seems to have to incessantly refer to his computer or co-worker for advice on how to answer, you’re going to want to be transferred out, yet again, to another broker. Getting a good broker is key to making sure you get the most appropriate policy for your car. Because the matter of deciding and making a good decision about car insurance isn’t just a game of finding the lowest premium out on the market, it’s about finding the most suitable policy to your exact situation. You’re going to want something that’s appropriate to your driving habits and financial needs. There are many compromises that you’ll need to make.
For example, if your Richmond auto insurance agent doesn’t ever bring up the relationship between the MSRP or other value of your car, and the “size” of your policy, then you probably don’t have a very competent agent. This relationship is pretty important. Let’s take an extreme hypothetical. You have a car that MSRP’s at $100,000 (don’t you wish), and the list of quotes that you’re reading down of car insurance policies, has limits on what the insurer will ever reimburse to you for costs incurred in the range of $10,000 to $15,000. That doesn’t make sense, right? I mean, those are limits. You’ll likely really only see an insurer ever reimburse at 50% those rates, should costs ever rack up that high.
