4 Questions To Ask About Auto Insurance

Bolder auto insurance customer

Ewen North, Bolder auto insurance customer Revolution Running,

4 questions to ask about auto insurance

Auto insurance policie are not all the same. When you’re shopping for auto insurance, ask our agents at Bolder Insurance questions about coverage BEFORE you buy. You will have peace of mind that your car and your passengers are protected, reducing the chance of unwanted surprises should you have a claim.

Here are some auto insurance questions you might want to ask:

  1. Colorado requires me to show that I have a minimum amount of auto insurance whenever I renew my driver’s license. Am I covered? Your local, Bolder Insurance agent understands the minimum coverage requirements in you Colorado and can assure that you meet those standards. However, you may want to consider that many state minimums are quite low and may not protect you from the financial consequences of a serious accident. If you have an auto loan, your lender may require additional coverage on the car. Ask us at Bolder Insurance to advise you about an appropriate amount of auto insurance for your situation.
  2. I recently bought a brand new car. I have heard that the car depreciates as soon as you drive it home, and that in the event of a total loss, insurance may not pay the entire value. What can I do? Ask us at Bolder Insurance about how your policy pays in the event of the total loss of a new vehicle. Some policies include coverage to protect you from the gap between the depreciated value and the cost of a new vehicle and provide replacement cost for qualifying vehicles. If your policy does not include this coverage, ask us if you can purchase gap coverage for an additional premium.  At Bolder Insurance we have many options for your auto insurance.
  3. What is uninsured and underinsured motorist coverage, and do I need it? Uninsured motorist coverage may pay for damages arising from bodily injury to a covered person when another driver is legally responsible for the auto accident and does not have liability coverage, or their liability limits fall below state minimum requirements. Underinsured motorist coverage may pay for damages when another driver is legally responsible for the accident but has liability limits lower than those on your policy. At Bolder Insurance we are here to advise you, about financial protection for these situations. Medical and repair costs have been increasing in recent years and could quickly exceed your financial resources.
  4. How can I save money on my auto insurance premium? One option for your auto insurance is to choose a higher deductible. The deductible is the amount of a loss that you are responsible to pay for yourself. If you can afford a higher deductible through savings or other resources, you can often save on premiums. At Bolder Insurance we can help you find the right balance.

Bolder Insurance is proud to be the bolder independent insurance option in Boulder County.  Why settle for one quote for an insurance agent.  At Bolder Insurance we provide you with quotes from over a dozen A+ rated insurance companies.  Call us today and see if we can help you with your auto insurance and other insurance needs.

*Coverages described here are in the most general terms and are subject to actual policy conditions and exclusions. For actual coverage wording, conditions and exclusions, refer to the policy or contact your Bolder Insurance independent agent.

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