What can I do to lower my auto insurance rates?
There are a number of things you can do to lower the cost of your automobile insurance. The easiest thing to do is to shop around, which Barnett-Smith can do for you as we represent a number of auto insurance carriers. Not surprisingly, you can find quotes that vary by hundreds of dollars for the same coverage on the same car. Whether you do the shopping or we do, it is important to be sure your quotes are based on the same limits and coverages. Another way to lower the cost of your automobile insurance is to look for any discounts for which you may qualify. For example, many insurers will offer you a discount if you insure multiple cars under the same policy or if you carry your auto, home and life insurance with the same company. Be sure to ask us about our discount plans.
Another easy way to lower the cost of your automobile insurance is to increase the deductible. Simply raising your deductible from $250 to $500 can lower your premium, sometimes by as much as five or ten percent. However, you should be careful to make sure that you have the financial resources necessary to handle the larger deductible.
What happens when I have a wreck after hours?
Please click on the "Claims" section in the top right hand corner or go to the bottom of this page and click on the appropriate carrier to go to their claims web site.
What happens if I loan my car to someone?
When you loan your vehicle, your insurance goes with it. In most states and situations, the insurance is certified on the vehicle and not the driver. You should only let responsible drivers use your vehicle for reasonable purposes.
What happens if I borrow a car?
The insurance on the vehicle you are borrowing will come first, and your insurance would apply on an excess basis. It is important the vehicle you are driving have adequate insurance, especially if it carries passengers such as a church bus or van.
What is the difference between comprehensive and collision coverages?
Collision is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage.
Comprehensive provides coverage for most other direct physical damage losses you could incur. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage.
It is important to know the differences between the collision and comprehensive coverages for a couple of reasons.
1. In order to make an informed purchasing decision about these optional coverages, you need to know the difference between them.
2. The deductibles under the collision and comprehensive coverages are often different in amount.
What coverage should I carry?
Each person's needs are different. The state of North Carolina requires that you carry a minimum of $30,000 for bodily injury per person, $60,000 bodily injury per accident, and $25,000 property damage liability. However, considering the cost of medical care and of new cars, we would strongly suggest that you consider carrying the highest liability limits you can afford, or even purchase an umbrella policy. As for whether or not you carry comprehensive or collision coverage, it depends on the current value of your vehicle and whether or not you could afford to repair or replace it without the help of insurance, in the event of a covered loss.
Ph. 336.272.4554 or 1.800.253.2884
218 North Eugene Street
Greensboro, NC 27401
Personal Auto Insurance
Complete Protection For Your Car
A personal auto policy can be customized to fit your familyís needs. You can choose the coverage and limits you need for:
Bodily Injury Liability. Protects against a claim or lawsuit if others are injured in an auto accident for which you or your family are considered legally responsible.
Property Damage Liability. Protects against a claim or lawsuit for any damage you may cause by an auto accident to someone elseís auto or other property.
Medical Payments. Pays for reasonable medical expenses, or certain other expenses resulting from an auto accident for you, your family and your passengers.
Uninsured/Underinsured Motorist. Covers injury resulting from a hit-and-run accident or uninsured driver.
Collision Coverage. Covers auto damage from a collision with another car or other property.
Comprehensive Coverage. Covers auto damages from causes such as fire, theft, hail, vandalism and many other events.
Rental Reimbursement. Covers the expense of a rental car while your vehicle is being repaired following an accident.
Towing and Labor. Reimburses you for towing and labor charges for a disabled vehicle.
You Can Save with Barnett-Smith Insurance
In addition to competitive rates, we offer a variety of discounts and credits.
- Multi-policy discounts, including life-insurance
- Multi-car discounts
- Passive restraints discount
- Anti-theft discount
- Anti-lock brake discount
- First-accident forgiveness
- Long-term customer discounts
- Age 55 or over discount
To Learn More About Our Companies
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What to Do When You Have a Claim
- Stop immediately, but do not obstruct traffic.
- Assist injured.
- Call the police.
- Secure names, phone numbers, addresses, insurance company names and policy numbers of other drivers, witnesses and injured persons.
- Secure make, model and license numbers of all cars and drivers involved.
- Donít hastily accept claim settlements at scene of accident.
- Remain calm, courteous, and consistent in your version of the accident.
- Notify Barnett-Smith Insurance or your insurance company as soon as possible.
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