Auto Insurance is crucial.  For the last decade, more than 40,000 people have died each year from auto-related accidents. It is one of the leading causes of death in the U.S. and costs taxpayers and private insurance policy holders hundreds of billions of dollars each year to replace and repair cars, maintain roads and highways and pay for medical expenses and emergency services.

Missouri law requires that all motor vehicle drivers and owners maintain some type of motor vehicle liability insurance coverage. Unfortunately, each year thousands of Missouri citizens are involved in automobile accidents with drivers who have not maintained the required automobile insurance.

Nonresidents must maintain insurance that conforms to the requirements of the laws of their state.

You must keep some proof of insurance in your vehicle at all times. If a law enforcement officer asks for proof of insurance and you cannot show it, the officer may issue you a ticket.

The Department of Revenue will be notified that you do NOT have insurance on your vehicle or the vehicle you drive if you are in an accident or a police officer asks you to show proof of insurance. At any time, the Department of Revenue may also ask you to prove you have insurance.

Choosing the right auto insurance can help protect you from the risks of the road. When purchasing auto insurance, make sure you find coverage that fits your needs. Think about you and your family’s specific circumstances, including your risk tolerance and your budget. If you aren’t sure what type of things you should consider, read below. Or, get help by working with us directly.  Below are a few simple questions to help you start evaluating your needs.

1. What is my household salary? What are my assets? How much in savings and equity do I have? Generally, the higher your salary and net worth, the more you stand to lose if you are ever found liable for an accident. The more assets you have, the more coverage you might want to consider.
2. How old is my car and how much is it worth? Do I own my car outright or is it leased or financed? The model year and original cost of your car helps determine the approximate value of your car today. If the value of the car is low and you own it outright (i.e. no loan or lease), you may want to think about whether you really want comprehensive or collision coverages. On the other hand, if you lease or finance your car, your lender or car dealership probably requires comprehensive and/or collision coverage.
3. How much am I willing to pay out-of-pocket? Deductibles are applicable to certain coverages, such as comprehensive and collision coverages. In the event of a loss, a deductible is the amount that you must pay out-of-pocket before your insurance kicks in. A higher deductible could lower your premium.
4. Do I have children of driving age? Children are generally more inexperienced drivers and can present a greater risk on the road. If you have children of driving age, you might want to consider purchasing higher limits of liability coverage.

1. Keep a clean driving record

2. Drive Safely.

3. Increase Your Deductible.

4. Maintain good credit.

5. Ask about vehicle-safety discounts.

6 Ask about multiple-vehicle discounts.

7. Pay premium in full.

8. Use same company for home
or renters insurance

9. Remove collision and comprehensive coverage
on older vehicles.

10. Discuss with us about any safety or anti-theft systems you may have.

 

Call us at (636) 394-9070, email us at info@davewenzel.com or fill out the form below and we will start your Auto Insurance Quote today.

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