Heritage Insurance, Inc.

Because of the competition from different Insurance Agencies, and the complexity of the policies, it can be very difficult for an everyday person to shop for Utah Auto Insurance. A friend named Sam approached me a short time ago frustrated with his search for car insurance, and this is some of the advice I gave him.

Because he was leaving his parents’ insurance policy for the first time, he didn’t know much about insurance. I explained to him that insurance is very important, not only because it is the Law in Utah, but because it protects the driver from the potentially astronomical costs of an accident.

It is important that you sign up for insurance for any type of vehicle you may have, whether it be your car, motorcycle, RV, or ATV, just to name a few. While insuring your vehicles it is important to know the different coverage limits and methods under which you can be insured. You need to be able to compare what you feel you need with what you can afford.

I explained to Sam the difference between comprehensive coverage and liability. Comprehensive not only covers what you may be charged for being at-fault in an accident, but it also covers the cost of your own property damage. This is beneficial if you have a newer car that would cost a lot to repair or replace. Liability simply covers the costs you may be charged from the other person involved.

Because liability tends to be much cheaper than comprehensive, Sam thought that liability was the better choice. However because he was financing his car, that was not an option. I explained to him that most banks and lending institutions require that your car be fully insured during the term of the loan.

We then began to discuss the different levels of coverage. State law in Utah requires A coverage of $25,000/$50,000 $10,000. I convinced him to increase his limits to $100,000/$300,000 $100,000 so if he was ever responsible for a catastrophic accident, he wouldn’t have to pay thousands of dollars out of his pocket.

After we decided the coverages and limits Sam needed, I referred him not to a normal insurance agent, but to an insurance broker. I did this because I knew that brokers work with many more companies than a normal agent, and that they can almost always find cheaper rates. I encouraged him to give them all the information he could so that they could give him all the available discounts.

Because of this advice, Sam was not only able to find insurance he could afford, but he knew what he had and that he was adequately protected.

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