March 2013 - Bradford PA Insurance - Williams Insurance Agency

What do auto insurance companies use to determine premium rates?

March 30, 2013 in auto insurance bradford, auto insurance bradford pa, auto insurance companies, auto insurance in PA, bradford, Bradford PA, bradford pennsylvania

Have you ever wondered how the auto insurance companies determine the rate of your premiums? It is common to find that different cars have different premium rates. It is also common to find that similar cars can have different premiums. So what makes this possible? There are a few things that the auto insurance companies in the Commonwealth of Pennsylvania look out for.

When you want to get insurance, you will be required to take some legal documents and your car to the auto insurance company. From there, your car will be put in a group according to its characteristics. It is these groups that determine your premiums. The car model is one of the factors that will be considered in the grouping of your car. Expensive car models will get higher premiums than the less expensive car models. This is because if they were to be involved in an accident, it would take much money to repair the expensive model than the other model.

The speed per hour of the car is also considered. Cars that have a higher speed limit will be more expensive than the cars that have a lower limit. This is obviously due to the fact that more speed is equated to a higher risk of causing an accident and therefore more money will be used.

Age of the driver is also considered. Younger drivers will get a higher rate than older drivers. This is attributed to the fact that young drivers are not experienced on the roads. They also like speed. Too old drivers will also get high premiums. This is because they tend to be too slow to respond quickly to danger and they also tend to be forgetful. They forget road safety rules and are therefore are more prone to accidents.

These are just some of the common things that auto insurance in PA use to determine premiums. However, there are very many other things that they look at. You should also know that they will continue keeping an eye on their clients even after they have given a rate. If the client, for example, gets into too many accidents, they will increase the premium rates.

There are several ways of reducing your premium rates after you are given a quote. For example, young drivers with good safety options in the car will get discounts. Also ensure that you have good road manners in order to avoid increase in premiums and even cancellation of the contract.

Disclaimer: I outsourced this article to a freelancer…I had to laugh when I actually read it.

What are the factors that increase my homeowners insurance rates?

March 20, 2013 in bradford, Bradford PA, bradford pennsylvania, home insurance, homeowner's insurance bradford, homeowner's insurance bradford pa, homeowner’s insurance increases

Home insurance is just as important as any other insurance out there. It protects the place you and your family live in. As days go by, you find that your homeowner’s insurance increases and you might feel like you can’t pay the premiums anymore. Below are some of the common factors that affect the rate of your house insurance.

One thing you should consider is the location of the house. There are insurance companies that will either refuse or give high premiums depending on the location of the house. If the house is near the sea and is prone to tornadoes, then your premiums will be high. So you should ensure that when you buy a house, it should be a few miles from anything that can cause a natural disaster.

Another thing that you need to consider is the plumbing of the house. This is very important to the insurance provider. Most insurance providers will only reduce the cost of the premiums if you have upgraded the plumbing in the last 20 years. If not, it will be very expensive for you. It is also common to get discounts if the roof is new.

The electric system is also very important. This is because very many fires in the state of Pennsylvania are caused by electricity. It is important that the electric system have current codes. It should not be old fashioned as this will be difficult to maintain and may also cause problems in the future. If you have the current system then you will get discounts.

The distance between your house and the fire department is also a very important issue. This is because if the house were to catch fire, the fire department will be there much faster than if the house is far away. So the people with houses near the fire department offices have lesser rates than those living far away.

These are just some of the points that can make your home insurance rise. It is important that you know these factors so that you can control the premium rates that you pay to your insurance provider. Not only does it save you a lot of money, but you will also get assured that your house that is safe. Before picking a cover ensure that it suits you. Even if it might be expensive at the moment, if it covers you well, then use it. You can always find other ways of reducing the rates. Like for example paying your premiums on time will make you a valuable client thereby reducing your rates.


What is an insurance claim and when do I need to apply for it?

March 10, 2013 in bradford, Bradford PA, bradford pennsylvania, insurance claims, Insurance claims bradford, Insurance claims bradford pa, insurance provider

Insurance claims can be defined as the formal request to receive payments from the insurer by the insured. This means that if for example, you want an insurance claim for your car, then you write a formal request to your insurance provider telling them that your car was involved in an accident and you will need the agreed upon payment to fix it. If you are involved in an accident, your insurance company is among the first parties to know. This is regardless of the question of who caused the accidents.

Everyone is entitled to place an insurance claim when need be. After all, this is the core reason as to why people get insurance. So that when the time comes, they can be paid to make the necessary repairs or whatever is stipulated in the contract. It is however not as easy as just requesting the money and getting it. There are some other factors involved. There are even some insurance companies that refuse to pay the insurance claims. If this happens, you might end up going to court to solve the issue. Below are ways of getting your auto insurance claim from your insurance provider.

First of all, you should ensure that you want to file the claim in the first place. This is important because when you place the claim, it will be recorded on your insurance policy. This will then be seen by any other company that you want to get insurance from. There are some companies that will not insure you if you have placed so many claims before.

It is also important that you file the claim soon. This is because the longer you wait to file the claim, the more you will forget about the accident. It is important that you remember every detail of the accident because you will be asked to tell what happened. If your memory is shaky, you will have problems getting the claim.

When you place the claim, the other parties that are involved in the accident might also contact you. Ensure that you get the name of the company and even the name of the customer service agent you talked to. They will also need to hear what happened in your own version.

It is important that you know the correct procedure of filing for an insurance claim from your insurance provider. This is important so that you do not fall out and for everything to work as expected.


What are the benefits of using one insurer for my Pennsylvania auto and home insurance?

March 1, 2013 in auto insurance bradford, auto insurance bradford pa, bradford, Bradford PA, bradford pennsylvania, homeowner's insurance bradford, homeowner's insurance bradford pa, pennsylvania auto and home insurance

Many people are used to the habit of hiring different insurance companies to insure different things around them. You get one family has a different company insuring their cars, another insuring their home and yet another company insuring their health. People believe that they should get these different insurance providers since they specialize in different areas. However, this is just a waste of money as you will soon realize. There are so many advantages of using one insurance company to insure your car and home.

One of the benefits of getting your Pennsylvania auto and home insurance from one company is that you will get discounts. Loyalty is important in business. Therefore, if you were to choose one company as your auto and home insurance provider you will get discounts for being a loyal client. You will find that having different insurance companies is very expensive as they look at you as any other client. However, using the same insurance will show that you trust them completely.

Another reason, as to why using the same company is best, is that, it will be easier to check on your policies. You will not have to go to two different offices and make two different queues when you want to check on how our policy is doing. If you have several houses or cars, you can also insure them using the same company.

You will not only enjoy the cheap rates but you will also enjoy a good relationship with your insurance provider. There is no better thing than this. You will trust the company with your life, your house and your car and so being friends with them will not hurt you.

As you can see, the weight of the benefits that you get when insuring your auto and homeowners insurance overweigh the disadvantages. It is true that you might be confused in picking the right insurance provider since most of them have specific names. Like for example, they will either be home insurance, auto insurance and even health insurance companies.

However, there are companies that will cater for all these types of insurances. Ensure that you pick a good company that you can trust. One of the things you should look out for when picking the best insurance company is its customer service. Customer service is important in insurance since they are the people you will be dealing with most of the time. It is only unless you have a very big issue that you will see the officials so ensure that the customer service is good.