If you own a car, you are almost legally compelled to buy an insurance coverage. And just like fuel, tolls and regular maintenance, the cost of auto insurance is an unavoidable transportation expense. But according to Fresno auto insurance experts, it does not mean one-price-fits-all equation. Actually, there are many ways to save money and earn discounts on your auto insurance.
Here are a few tips that can help you keep the cost of auto insurance in Fresno down.
Consider a policy with higher deductibles
By choosing a policy with higher deductibles, you can save from 15 to 30 percent or even more on the cost of your premium.
Compare as much as possible
Just because you like the advertisement of a Fresno auto insurance company, don’t choose them. You should invest time to shop around, get quotes, and check the credibility of your service provider. While shopping around for the best auto insurance in Fresno, compare the same coverage levels. This way you will save hundreds of dollars.
Constrict your coverage on olden cars
If you have an older car, you can save money by forgoing comprehensive and collision coverage and purchasing only liability coverage. Check the value of your old car online and then choose auto insurance accordingly.
If you are buying a car, keep insurance in mind
It is wise to keep insurance in mind while buying a car. Some models and styles will come with higher insurance costs. Cars that have safety records and features can be insured at lower cost.
Shop around for discounts
The Fresno auto insurance service providers roll out various discounts from time to time in order to attract customers. You can get a discount for a number of reasons. They include a good driving track record, going for a defensive driving course, a good credit history, a long-term customer and anti-theft devices. All these factors will help you in getting a good discount on your auto insurance.
So it’s worth considering all the options that can save you money on your auto insurance.
As a small business, you may need a variety of insurance coverage based on your specific risks. While your needs may be different from others, there are some common insurance coverage that every business like you will need. There are many who buy insurance policies based on their knowledge. But they land up buying only liability insurance. Just as you have the expertise to understand your business, we at Gill Insurance and JKG Insurance Agencies have the expertise to see potential risks that can ruin your business. We recommend our clients best coverage based on their needs and budget. We will help you understand which insurance is a must for your business and why.
Here we will discuss two main insurance policies that is a must for a small business like you.
Liability insurance –It is important for you to have liability insurance. It will cover your business from damages and injuries caused by others. There may come a time or a situation when someone is harmed or their property is damaged based on your being in business. At that time, you will need liability insurance. It will protect you from lawsuits associated with these types of problems.
Property insurance –If you own a building, you need to cover it and its belongings with a good insurance. A fire or high winds can destroy your building, furniture, equipment and inventory in minutes. With a customized property insurance coverage, you will feel secure knowing your physical property is taken care of.
There are many additional insurance policies available in the market to choose from. These policies are based on your risk and industry. You need to understand what makes your business unique and what special risk you have.
Gill Insurance and JKG Insurance Agencies will help you decide which insurance is best for you. We have the expertise and knowledge to provide you best commercial insurance services in Fresno, Sacramento, Bakersfield, and Yuba City, CA.
It is a truth that those who have the craving for taking risk are the ones who are successful business owners. While taking risks can improve your business prospects, it does not hurt if you are little careful and purchase a commercial insurance in Fresno to protect your business from potential losses, theft, fire or any other form of liability. The terms of your commercial insurance may vary and will depend upon the scale and type of the business.
You will find a plethora of options when it comes to choosing the best commercial insurance coverage in Fresno. As your commercial insurance provider in Fresno, we will help you walk through various options and then choose one that suits your business needs. But before you approach Gill Insurance and JKG Insurance Agencies, you should know what type of commercial insurance policy you need.
Though commercial insurance is useful for all business types, but it is a necessity for gas filling stations, manufacturing units and liquor stores. The great threat to businesses like gas filling stations and liquor shops is fire accident. Fire accidents pose immense damage to these kinds of businesses. Your insurance policy can also provide you protection from natural disasters. So while signing up such an insurance policy, ensure it covers all the physical assets of your business including your business premises and furniture. And in some cases, it may also cover crucial documents, expensive products or storages.
If you own a liquor shop, you may need liquor liability insurance. It will protect your business against claims that occur because a patron of your business has become intoxicated and injured himself or someone else. You need to buy this coverage if you manufacture, sell, serve or furnish alcohol to others. If you are running a bar, pub, winery, brewery, bartending service or a restaurant that serves alcoholic beverage, a liquor liability insurance policy is a must.
So whether you are running a gas filling station or a liquor store, you should choose commercial insurance plan judiciously in order to protect your business from unforeseen situations.
Give us a call right away to speak to one of our commercial insurance experts. We will give you the best assistance possible.
From minor scrapes to deadly crashes, thousands of accidents occur every day. So an auto insurance coverage is not just a good idea, but in most states, it’s a legal requirement. There are many things you can do to make sure you are getting the best deal on auto insurance. At the same time, you should know many things so that you get the best insurance policy and rate.
Underwriting and the rating process
The first thing you should know is how your insurance rate is determined. There are two things that determine what you pay for the auto insurance. One is the underwriting and the other is the rating. The insurance agencies underwrite to assess the risk associated with an applicant, classify the applicant with other similar risks and decide if the company will accept the application or not. Depending on the results of the underwriting process, the rating assigns the price. And each insurance company adopts its own rating system. The most important thing that influences the process of rating is the claim frequency. This frequency will measure how often an insured event occurs. If you fall in higher claim group, you will be charged more for insurance coverage.
Look for better insurance coverage
Never hesitate to ask your insurance provider about the available discounts. Never leave the discount on the table as it is one of the best ways to lower your premiums. It is a good option to bundle your insurance coverage. Bundling your auto insurance with home and other insurance may save you money on all your policies.
Crucial factors affecting your insurance coverage
Although your insurance provider will look into various factors but there are few specific factors that affect your rate. The specific factors include your driving record, location, gender, age, marital status, type of vehicle, make and model of vehicle and your previous insurance history.
Choose a reliable auto insurance provider
You will find many different insurance types and insurance companies, all vying for your business. Work with a provider that evaluates your needs, driving records and history differently and offers varying discounts and rates. You should deal with an insurance provider that has relationships with multiple companies and get you best rates.
Hope you found the above tips useful. They can help you get the best auto insurance possible. Put your auto insurance needs in the hands of Gill Insurance and JKG Insurance Agencies, a trusted insurance agency dealing in auto insurance in Fresno. We are a team of qualified and experienced auto insurance experts. Call us soon.