Car insurance is important because it protects you in the instance of an accident or loss, and most people are not in a position to come out of pocket to pay for the replacement of a totaled car or another driver’s medical bills. In an interview with MoneyGeek, Vice President P.J. Miller discusses how drivers can balance balance risk management and affordability, how to educate yourself on the types of coverage available and how auto insurance premiums are set.
When asked about how consumers can better understand the types of car insurance policies, coverage and pricing, P.J. said: “Independent insurance agents can help drivers better understand their options. Because independent agents work with a variety of insurance companies, they can compare carriers and present the best cost and coverage options for the driver’s needs. They may also be able to obtain discounts that only certain carriers offer.”
Read the full MoneyGeek interview here.
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