4 Things to Know About Your Auto Insurance

When it comes to getting auto insurance in and around Albertville, MN, Pizano Insurance can help. They can also advise you about the best policy to choose from for your needs, so you can have good protection for your car along with peace of mind. But before you buy a policy, make sure you talk with your agent so you can make an informed decision. Here are four of the things you should know about your car insurance.

1. Policies should be reviewed periodically

Because driving needs change, it’s a good idea to go over your policy with your agent every six months or a year.

2. Different states have different minimum requirements

If you move from one state to another, what you’re required to have for auto insurance could change.

3. Not all vehicles need more than minimum coverage – but it’s still a good idea

If your car is paid for you don’t need comprehensive or collision, but if the vehicle has value it’s still a good idea to keep those coverages.

4. comparing prices should include comparing value, too

The cheapest car insurance may not be what’s right for you, and paying a little more could mean getting a lot higher value in the long run.

With a good insurance agent to help you, it’s not difficult to get a quality auto insurance policy for a fair price. That’s ultimately what you want to work toward because the lowest price isn’t always the best choice. Instead, you want a policy that’s really going to protect your investment. By trusting your Albertville, MN area car to Pizano Insurance, you can get the help and support you need to choose the right policy for your vehicle and driving needs.

When is Umbrella Insurance a Good Idea to Purchase?

Finding yourself in a situation where you are liable for an amount that extends far beyond your insurance policy, like a horrible car wreck, that is when Umbrella Insurance can be handy. If you are left without some sort of extended coverage, you are on the hook for paying the rest of the damages out of your own pocket.

If you feel that you need umbrella insurance and you are in the Albertville, MN area, consider contacting Pizano Insurance for a quote.

Considering that umbrella insurance policies cover multiple facets of one’s life, it is probably a good idea to get it if you have a lot on the line. Some forms of insurance will cap out at $300,000 or less, which is quite low if you are involved with high-value individuals or property. Instead of having your assets wiped out from a single lawsuit, monthly insurance payments is quite a low price to pay.

Let’s not discount the legal fees associated with a high-value lawsuit. Regardless of the result, consulting with a lawyer for such cases is not cheap and some will charge hourly. Even settling outside of court will add a significant amount to the whole ordeal, which is often covered by umbrella insurance policies.

Keep in mind that some items are excluded from most umbrella policies. This may include malpractice cases, claims against employers, business-related activity, or intentional damage.

To determine if you need umbrella insurance, you will need to evaluate your own lifestyle, assets, and income level. If you have a lot of wealth to lose, umbrella insurance can protect your from a wide variety of surprises in life, much like an umbrella protecting yours from the rain. If you are still interested in this plan and you are in Albertville, MN, check out Pizano Insurance.