Three common misconceptions about auto insurance

Motorists need to be well-informed to make the right decisions when choosing auto insurance options. At Maanen Insurance Group, we can help you evaluate your auto insurance options in Greeley, CO. 

Unfortunately, there are a lot of misconceptions that are made about auto insurance. The following are three common misconceptions about auto insurance to be aware of. 

You only need to choose auto insurance options once. 

Your auto insurance needs and preferences may change over time. It’s always a good idea to reevaluate your auto insurance policy whenever you renew it. Consider factors including the value of your vehicle and your financial situation when making decisions regarding your deductible and coverage maximums. 

You’ll pay more if you’re insuring a red car.

There is a common misconception out there that it always costs more to insure red cars than it does to insure vehicles of other colors. However, red car owners will be happy to know this is not the case. Generally, the color of a motorist’s vehicle does not affect insurance rates. 

Collision coverage covers damage from vandalism. 

You will need to purchase comprehensive insurance coverage if you want to be covered for damage caused by vandalism. Collision coverage will not cover you for this type of damage. Collision coverage only offers coverage if your vehicle is damaged in an accident.

In addition to covering you for damage caused by vandalism, comprehensive coverage also covers you for damage caused by fire, theft, and much more. 

Contact us by email or phone to get an auto insurance quote from Maanen Insurance Group. We’re eager to meet your insurance needs as a motorist in Greeley, CO. 

 

The Impact of a Speeding Ticket on Colorado Auto Insurance

When you get a speeding ticket in Colorado, of course, the cost of the ticket will be a stress on your mind. But there are other ramifications to getting a speeding ticket in Colorado that you will also consider.

The impact of a speeding ticket on your Colorado auto insurance could also be steep, but it will depend on the circumstances. It does not mean that you won’t be able to get car insurance again.

At Maanen Insurance Group, we want Greeley, CO drivers to get the coverage they need, regardless of their driving record. We can help.

The Cost of Speeding Tickets

The actual cost of your speeding ticket is never going to be the actual cost. You are going to see a hike in your insurance premiums as well. This is just how the system works.

In Colorado, however, you have to be careful of the rate of your speed. Any conviction for speeding over 25 miles an hour could result in a criminal misdemeanor charge, large fines, and potential jail time.

If you don’t have a ticket that bad, you will still get demerit points on your license and will see changes to your insurance premiums.

This all becomes part of your driving record which is used by auto insurance companies to determine the cost of your premiums. 

The Impact on Your Car Insurance

You are not required to tell your car insurance company when you get a ticket when it happens. Most people don’t. It is likely that they will find out when your policy renews though.

You can expect a hike of approximately 25 percent on your car insurance after a speeding ticket of any size.
Depending on the problem with your ticket, you may also be considered a high-risk driver. That could mean an additional impact on insurance premiums. 

Get a Quote

It is normal to get a speeding ticket. It happens to almost everybody. At Maanen Insurance Group, we want Greeley, CO residents to get the auto coverage they need without worry. Call us for a quote today.

Is auto insurance a necessity in Greeley?

If you are a resident of Greeley, CO, or the surrounding areas, you will find that it is much easier to get around and complete daily tasks if you own a car. When you are a car owner here, there are some responsibilities that go along with it. One task that all people need to take seriously revolves around getting auto insurance. There are several reasons why it is necessary that you get a proper auto insurance policy when you are here. 

Insurance is a Legal Requirement

When driving a car, there is always a chance that you could cause an accident. If this occurs and you are at fault, you may find that paying for the necessary damages is expensive. Due to this, having auto insurance is a good idea as it will provide you with liability protection. Additionally, the state of Colorado requires that all car owners here carry auto insurance as the liability component ultimately protects all drivers on the road.

Insurance is a Lender Requirement

Another reason that having auto insurance is often a necessity is that it could be a lender requirement. If you take out a car loan, the lender will want to ensure that their collateral is protected until the loan is paid off. Due to this, the lender will undoubtedly require that you carry a full collision and comprehensive policy as it will protect against a variety of situations that could result in a loss.

If you are looking for auto insurance in the Greeley, CO area, you should call the Maanen Insurance Group. The insurance team at the Maanen Insurance Group is experienced when it comes to helping people better understand their insurance needs and choose an appropriate policy that will offer the right type and level of coverage. 

The Benefits of Drivers’ Education for Teenagers

The agents of Maanen Insurance Group offer auto insurance to residents in and around Greeley, CO. Families, who have teenagers who are reaching the legal age to drive, often look to them for advice when it comes to adding their teens to their insurance policies. Drivers’ Education classes are usually recommended for the benefits they offer.

Hands-On Experience

Drivers’ Education classes offer teenagers and adults, an opportunity to gain hands-on experience behind the wheel of a car. By driving with an instructor, they can learn how to handle a vehicle in a variety of road conditions and be put in real-life situations that allow them to learn firsthand.

Opportunity to Learn the Laws of the Road

Drivers’ Education offers teenagers classroom time in which they are able to learn the laws of the road. This gives teachers a chance to evaluate the teenager’s progress to ensure they are grasping a full understanding of the material being presented to them both in the classroom and on the road.

Safety Lessons

Drivers’ Education also offers lessons on safe driving and how to maintain your vehicle correctly. They are taught how to react in certain situations and helpful ways to possibly avoid being in an accident.

In Greeley, CO, the agents of Maanen Insurance Group work with parents to ensure their teenage drivers understand the rules of the road and how to drive safely and appropriately. If you have questions about Drivers’ Education or insurance in general, contact an agent today. They will give you the answers you need and will help you get the right auto insurance policy to cover your entire family.