Q: How much auto insurance coverage do I need?
A: This depends. Your policy should be customized to your needs as a driver. If you drive an expensive car, you may want more coverage. If your car is of lesser value, then you don’t need to carry quite as much coverage on your policy. WeSpeakInsurance™ participating agents are all trained to listen to your individual needs, and to quote a policy that’s right for you.
Q: How much coverage does my state require me to carry?
A: Every state has different minimum requirements for auto coverage. WeSpeakInsurance™ participating agents can assist you in explaining what coverage minimums apply to you and your state.
Q: How do I get the best coverage for my money?
A: Typically your limits of coverage do not effect your policy premiums as much as your individual credit, driving history, and your area zip code. If you want to lower your monthly premiums, then you will need to raise your deductible. But, this means if you have to file a claim, you will have a higher out of pocket expense.
Q: What information will I need to get quoted for auto insurance?
A: The answer is simply not much. The more detail you provide here, the more accurate your quote will be. But, as long as you can tell us some basic information about yourself, and your vehicle, we can get you quoted. If there are any questions that you can not answer at this time, take your best guess, and participating agents will help you when you receive your quote. The following are examples of some of the basic questions you will be asked on our site:
- What zip code are you in?
- Are you currently insured?
- How old were you when you first received your license?
- What kind of driving record do you have?
- What kind of credit do you have?
- What kind of vehicle do you drive?
- Do you drive to work?
- How many drivers do you want on the policy?
Q: If my car is leased or financed, do I need special levels of coverage?
A: Yes, in most cases if your car is financed or leased, your financial institution or leasing agent will require you to carry specific levels of coverage. Most often, the details of these requirements can be found in your leasing agreement or loan. If you have any specific questions, WeSpeakInsurance™ participating agents can assist you in your decision.
Q: Can I change my existing auto insurance plan even though it is not yet expired?
A: Yes, you may change your insurance company at any time. Most auto insurance companies will provide you a refund of already paid premiums if you cancel your policy with them and start with a new company. Participating WeSpeakInsurance™ agents will help you with this process should we be able to find a policy that saves you money!
Q: How soon can I get coverage through WeSpeakInsurance™?
A: When you get quoted for a new policy you can get immediate coverage. All you have to do is make sure that when you buy your policy, you select today’s date as you auto insurance policy’s effective date.
Q: How soon can I get my auto insurance policy documents?
A: Typically temporary proofs of insurance can be obtained by your insuring agent within 24-48 hours of purchasing your policy.
Q: Will my auto insurance coverage apply while driving in Mexico?
A: Typically American car insurance companies do extend their coverage to insured drivers who are within the Mexican border areas. Usually up to about 75 miles across the border. However, Mexican laws concerning liability in car accidents sometimes make it a good idea to purchase temporary auto insurance coverage from a Mexican insurance provider when driving in Mexico.
Q: Will my auto insurance coverage apply while driving in Canada?
Q: What is homeowners insurance?
A: Typically your American car insurance company policy will extend coverage to you while driving in Canada. Consult with you agent for specific information.
A: A standard homeowners policy protects your home itself and your belongings in it. Homeowners insurance covers both damage to your property and your liability or legal responsibility for any injuries you or immediate members of your family cause to other people. Damage to your home caused by most disasters is covered as well. There are some exceptions. Flood damage, earthquake damage, or damage as a result of poor maintenance are not covered. You must have separate policies for flood or earthquake coverage.
Q: What is covered in a standard homeowners insurance policy?
A: A standard homeowners policy will cover four major aspects of your home:
- Coverage for the actual structure of your home. Generally this refers to coverage for any insurable loss to your home, or to any structures adjacent to your home.
- Coverage for your personal belongings. Insurance companies usually provide coverage for your personal belongings in the home, for the amount of 50 – 75% of the coverage limits on your home.
- Liability protection. This covers you against lawsuits that result from bodily injury or property damage caused to others by you or your family members at your property. Coverage can include pets.
- Additional living expenses. Additional living expenses pay the costs incurred by you when you have suffered a covered loss. Hotel bills, restaurant expenses, and other costs incurred while your property is being restored.
Q: Can I change my existing homeowners insurance plan even though it is not yet expired?
A: Yes, you always have the option of switching insurance companies. Most homeowners policies allow for a refund of pre-paid premiums to their policyholders in the event of the policy cancellation. You can switch at any time, free of charge!
Q: What information will I need to get quoted for a homeowners policy?
A: We will just need some basic information about you, what kind of credit you have, where you live, what the approximate value of you home is, what the approximate value of your personal possessions are, and what levels of deductibles you want to carry. Our forms have a few more questions, but that’s basically it! It’s that simple.
Q: How much coverage will I need?
A: Basically, you need enough to cover the cost of rebuilding your home. Do not figure in the value of the land, and do not base the cost of rebuilding your home entirely on the cost of purchase.
Q: What determines the cost?
A: One way to lower your premium and monthly payments, is to raise your deductible. However, if you have to file a claim, your out of pocket expense will be higher. Other than that, premiums are based on some of the following factors:
- Home location. If your home is has a high exposure to natural disasters such as tornados, hurricanes, or floods, then your premiums will be more expensive.
- Building costs in your area. The more expensive the homes are in your area, the higher your premiums will be.
- The Square footage of the home. Larger homes cost more to insure than smaller ones.
- Home type. What type of basic material your home is made of effects the cost of insurance.
- Neighborhood. High crime areas can effect your rates.