Why you Need Automobile Insurance
Reader’s Question:
I already have a health insurance and a life insurance in Omaha Nebraska NE. I just recently purchased a car and was told that I need to get auto insurance. What is an auto insurance? Isn’t having the two insurance enough already?
Rodel
Omaha NE
Hi, Rodel! I always like to meet people who appreciate the value of insurance. Insurance are there to offer financial assistance in cases when there are unfortunate events such as accidents, or worse, death. I can see that in this particular area, you are sufficiently covered already. Please take note, however, that auto insurance is an insurance specifically crafted for vehicles. It offers financial assistance for the policy owner to have the car repaired or replaced, as needed. Moreover, when you register your new car in the Department of Motor Vehicles in Omaha Nebraska NE, you will be required to have some form of auto insurance.
To ensure that you optimize your insurance and that you don’t pay for some coverage you already have, it will be best to review your existing policies. When you shop online by entering your zip code on the space provided here, make sure that the type of coverage you have selected excludes those already offered by your health insurance. For this setup, it will be safe to set up meetings with some local insurers in Omaha Nebraska NE. Make sure to bring your existing insurance with you so you and your insurer can jointly analyze the best type of coverage you would need under your auto insurance.
Remember that there are many insurance companies in Omaha Nebraska NE and it would be best to visit several before you choose which one to have a contract with. Remember that an insurer is someone you will have to deal with in the long run and you should feel comfortable with him or her.
Car Insurance with Teenager on Policy
Reader’s Question:
I co-signed a lease for my teenage son’s vehicle when he was in college. A year later, he has moved out and is taking time off from college. He is still on my car insurance policy. What are our options? We live in Tamiami Florida.
Gene
Tamiami, FL
You have a couple of options depending on where the car stays everyday at the end of the day. If the car stays at your son’s residence, you should remove him and the car from your car insurance policy. Many insurance providers will not insure cars from more than one household – unless it is a student risk attending college in the same state from which the insurance policy originates. So, if you do this, I suggest that you make sure he satisfies the terms of the lease – because your credit may be at risk. Now, if the car stays at your household everyday at the end of the day and your son does not drive your cars with any frequency, you should remove him from your policy. To remove him from your insurance policy, you will probably need to provide proof he resides elsewhere. Another option is to turn the car back to the dealer – if you can. Ultimately, you will need to consult your insurance provider and the lease company to assist develop a plan that will meet your needs.
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