a project of consumer action | funded by the consumer action insurance education project
TRANSCRIPT
A Project of Consumer Action | www.consumer-action.orgFunded by the Consumer Action Insurance Education Project
What you will learn
• Why you need auto insurance
• The types of coverage available
• How to determine your coverage needs
• Why good credit matters
Why you need auto insuranceWhy you need auto insurance
Types of coverage
• Legal and lender requirements
• Likelihood of loss
• Your vehicle
• Assets
Determining your needs
Why good credit matters
Specialty consumer reports
Shopping for insurance
• Driving record • Usage• Coverage
• Deductibles
• Other
What drives your premium costs?
Purchasing a policy
• Low-cost insurance programs
• High-risk insurers
• Assigned-risk pools
• Don’t drive without insurance!
If you can’t get coverage
• Shop around
• Increase your deductible
• Consider money-saving options
Managing auto insurance costs
Filing a claim
Resolving problems
• Insurance Institute for Highway Safety (IIHS)• Insurance Information Institute (III)• State insurance department• United Policyholders • Department of Motor Vehicles (DMV)• Consumer Action
Resources
You’ve completed the training.
Consumer Actionwww.consumer-action.org
Congratulations!