OnMarket Insurance Associates brings together modern philosophies of life driven by an innate attention to detail. We work with a range of insurance providers to structure coverage solutions that touch all parts of your life at a consistently Competitive price.
Our team will ask you questions about what’s going on in your life right now and determine the most comprehensive package for the best available price. We can handle your personal and business needs in one shot.
When it comes to Auto Insurance, put together some notes on the assets and people you want covered, and what you can afford out-of-pocket if an accident does occur. Then give us a call to talk over your options!
What Should I Consider when making an Auto Insurance Decision?
Above all else, make sure you find coverage that fits your needs. Think about your life right now. Think about your family and what you just came through. Think about where you’re going next. Think about your tolerance for risk. Think about the wiggle room in your budget.
Obviously, the more your life is 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 should probably consider. Here are some more questions to ask yourself …
- How old is your car?
- How much is it worth?
- Do you own your car outright or is it leased / financed?
The model year and original cost of your car helps determine the approximate value for 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 need comprehensive or collision coverages. If you lease or finance your car, your lender will require comprehensive and/or collision coverage.
How much are you willing to pay out-of-pocket?
Deductibles are no joke and should be considered carefully. Signing up for something high may sound like a good idea in the moment, but are you ready for the $2,500 bill that could blindside you from around any corner?
Do you have health insurance?
Auto insurance can include medical coverage for you and your passengers. If you don’t have your own health insurance, you should consider purchasing some type of medical payments coverage on your policy to cover your head … literally.
Do you have children who are driving?
First of all, we get it. As parents we know how it feels to put your kids behind the wheel. Teens are inexperienced drivers and can present a greater risk on the road. If you have children on your policy, you might want to consider purchasing higher limits of liability coverage.
What generally affects my rates?
The list is broad, which is why we do the leg work to find the right provider for your needs. However, some common things include: zip code where your car is garaged, your driving record, the vehicle type, and yes sometimes even the color … jk.
Can I Get Discounts if I Cover More Than 1 Car with a Carrier?
Yes, generally it is more cost effective to “bundle” cars under one package. You can also ask us about “Affinity Discounts” for certain professions, trades and group affiliations.
Can I Still Get Covered If My Driving Record is … Complicated?
It’s no secret that people with great driving records are an insurer’s dream, but a couple of incidents won’t keep you from finding a plan. In the case that your record includes major accidents, or even fatalities, there are “High Risk Insurance” options that we can pursue.