All You Need to Know About Auto Insurance

Auto insurance is what every driver in North Carolina must carry because it is required by law. This means that driving without valid car insurance is illegal. If you are currently shopping for auto insurance but do not know where to start, an insurance company Wayne Realty & Insurance Co Inc. serving clients in Goldsboro, NC, and other nearby towns, prepared a list of things you should know: 

What Should You Know About Auto Insurance? 

  • There are certain factors affecting auto insurance rates. These factors include your driving record, age, credit score, gender, insurance history, location, annual mileage, years of driving experience, claims history, and marital status. 
  • Insurance prices may vary by company. Therefore, experts recommend getting quotes from several companies and compare them in order to make sure that you are buying the most cost-effective insurance plan. 
  • Higher deductibles lead to lower premiums. The deductible is the amount you have to pay out of pocket first before your insurance starts covering. If you pick a policy with a higher deductible, then your monthly insurance payment will be lower. 
  • There may be discounts available. Do not hesitate to ask about discounts. Many insurance companies offer auto insurance discounts that you may be qualified for. 
  • There is a difference between comprehensive and collision coverage. Collision coverage covers damage to your vehicle that occurs as a result of a collision with another car or object. Comprehensive coverage is coverage that provides protection against theft and damage caused by an incident other than a car accident. 

Wayne Realty & Insurance Co Inc.  – Your Safety On the Road Is Our Priority

If you live in Goldsboro, NC and you are looking for auto insurance for your vehicle, Wayne Realty & Insurance Co Inc. is the right company to contact. We provide different auto insurance options and will help you find a perfect policy. You can visit our website or call us any time – our experienced insurance agents are here for you.