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Presentation transcript:

A Project of Consumer Action | Funded 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 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 Action Congratulations!

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