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What do I do if I have an accident or loss?
- Contact the police immediately.
- Do not discuss the accident with anyone but the police.
- Do not admit fault or disclose your coverage amount.
- Write down the names, addresses, and telephone numbers of all people involved or who witnessed the accident.
- Contact State Insurance/Investment Services using one of our listed telephone numbers.
What should I do to reduce the cost of my automobile insurance?
- Maintain a safe driving record.
- Consider higher deductibles on Comprehensive and Collision Coverages.
- If you own more than one auto, check with your agent on the possibility of multi-car discounts.
- Keep your policy active. Continuous renewal of our policy can lead to renewal discounts.
- Including
specific additions to your car (i.e. anti-lock brakes, airbags, daytime
running lights, alarm systems). This usually applies to recent models.
- Taking the New York State Defensive Driving Course will lower your insurance premium by 10%.
What factors will affect my insurance premium rates?
- Your driving record. (violations and accidents)
- Your credit history.
- Your age.
- The year, make, and model of your particular automobile.
- The degree of coverage you choose to include on your insurance policy.
- Your place of residency.
How does my credit history determine my insurance premiums?
- Your
credit history reflects your ability to make payments and respond to
bills. Insurance companies use credit scores to determine how
responsible a potential client is with paying their premiums. Similar
to your driving record, the better your credit score is, the greater
your chances of receiving a lower premium. Hence, maintaining a good
credit history is important in developing a low premium.
What's the difference between all of our Insurance Carriers?(i.e. Travelers, Progressive, AIG, etc.)
- Each
particular insurance carrier specializes in providing the same
insurance. The primary difference between the companies will be their
premium rates and the type of clients they prefer to insure. Each
carrier has its own guidelines as to who they will accept and provide
insurance for. Our job at State Insurance/Investment Services is to
find the most suitable companies that will provide the lowest premiums
for our customers.
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