Best Local Car Insurance Agencies in Lewisville

FAQs

• Introduction

  A way to stay protected while on the road, car insurance offers a financial safety net should accidents occur, regardless of who's at fault. The right car insurance agency can be very valuable, providing a way to purchase an ideal level of auto insurance coverage for personal circumstances. Agencies can help customers select the most beneficial coverage options while saving money on their insurance plan. With help from a qualified agency, it's possible to feel safe and secure behind the wheel.
  

• What is included in the declarations page of car insurance policies in Lewisville?

  The declarations page of car insurance plans in Lewisville contains a summary of the policy and coverages, such as the policyholder's and additional insureds' names, the policy number, the length and effective dates of the term, and the average annual mileage. Coverage limits, deductible costs, endorsements, and premium charges are all included. The declarations page of an auto insurance policy also lists the holder's obtained discounts and other important disclosures, such as why the chosen provider does not cover grocery fees while others do.

• What are the rights of auto insurance policy buyers in Lewisville?

  Auto insurance policyholders in Lewisville have the option of paying their premiums in installments, with an initial down payment of no more than the fees for two months of coverage. They have the right to prevent insurance companies from disclosing their personal information, such as income and social security number, and to receive notice of policy cancellation or termination. They also have the right to sue an insurer who requires them to purchase liability limits in excess of what Texas law allows.

• Are Lewisville car insurance policies automatically renewed?

  It depends. Some insurance companies in Lewisville automatically renew auto policies, while others do not. Insurers typically send out a renewal notice 21 or 30 days before the policy expires, giving policyholders the option of switching to another provider or canceling their coverage at the end of the term. Individuals, on the other hand, can choose additional coverage from the same provider, such as rental car reimbursement, roadside assistance, and uninsured motorist coverage, during the renewal period.

• How much is the increase in car insurance rates for policyholders with traffic violations in Lewisville?

  Car insurance rates in Lewisville rise in proportion to the policyholder's driving record. Drivers with DUI charges, for example, can pay an extra $810 on their annual car insurance premiums, while those with reckless driving records can pay an extra $793. At-fault policyholders in a car accident with more than $2,000 in damages pay $2,164 in annual premiums, while those with less than $1,000 in damages pay $1,814 in annual premiums.

• Does Lewisville require holders of car insurance policies to add comprehensive coverage?

  No, comprehensive coverage is not required by law in Lewisville. Although comprehensive coverage is optional, most insurance companies advise policyholders to add it to their auto insurance to protect their vehicles from damage caused by non-collision incidents. These include fire, falling objects, natural disasters, vandalism, civil unrest, and animal contact. Comprehensive coverage, on the other hand, does not cover repairs or replacement for normal wear and tear, as well as medical treatments.

• What is car insurance?

  Car insurance is a form of insurance that can cover damages to cars, drivers, passengers, and other property when an accident occurs. If another car crashes into a driver, or if a driver causes an accident, car insurance will pay most or all of the cost of repairs.

• How does car insurance work?

  Car insurance functions in a way similar to other insurance policies. In exchange for a monthly premium payment, an insurance company assumes liability should an accident occur up to the coverage levels specified in a prearranged policy. This means if an accident occurs, the driver won't have to pay the full cost of repairs out of pocket.
  

• What does car insurance cover?

  Car insurance coverage can vary from one plan to another. It typically includes coverage for damages to a vehicle from accidents, medical expenses for people injured in accidents, and related costs after accidents with uninsured drivers. Some policies may cover additional perks, such as roadside assistance or a rental car during post-accident repairs.
  

• Does car insurance cover theft?

  Comprehensive car insurance generally includes theft protection. This means if a car is stolen and isn't recovered, the insurance agency will pay for the value of the car. However, comprehensive insurance that covers theft is optional coverage.
  

• How does a car insurance deductible work?

  A deductible is an amount that must be paid out of pocket before insurance coverage is applied. If a driver with a $1,000 deductible gets in an accident that causes $10,000 in damage, the driver must pay $1,000 and the insurance company pays the remaining $9,000. Deductibles amounts vary between coverage types.
  

• Do you need insurance to register a car?

  Yes, drivers need a valid car insurance policy to register a vehicle in most U.S. states. Car insurance is a legal obligation, and the DMV may suspend registration if insurance isn't maintained. Some banks and other lenders may also require a certain level of insurance before funding an auto loan.
  

• Can you get car insurance without a license?

  In most states in the United States, a license isn't required to purchase car insurance. This means that an unlicensed driver can purchase a policy for a licensed driver. However, most insurance companies won't allow an unlicensed driver to be listed on a policy, either as a primary or a secondary driver.
  

• Do you need car insurance?

  Yes. Car insurance isn't optional, and neglecting to purchase and maintain a minimum level of coverage can result in penalties, such as the suspension of your vehicle registration or driver's license. In addition, the cost of a car accident can add up to tens of thousands of dollars, which can be an unsustainable burden without insurance.

• How much is car insurance a month?

  Car insurance costs depend on factors such as where a person lives and their driving history. Drivers living in states with high insurance rates who've had accidents will pay more than drivers with clean records living in lower-cost states. In general, monthly car insurance costs can range from $50 to $500 or more.
  

• Why is my car insurance so high?

  Car insurance can be expensive for many reasons. Unsafe or expensive cars, a history of accidents, DUIs, and having multiple cars and drivers on a policy can all lead to higher monthly costs. Driver age may also play a role. For example, teens are more expensive to insure than adults.

• How can I get lower car insurance?

  Getting lower-cost car insurance may be possible depending on your personal circumstances. To find a cheaper policy, drivers are encouraged to get prices from multiple companies, bundle car insurance with home insurance, or use monitoring devices to demonstrate safe driving.
  

• Do you need insurance to rent a car?

  In most areas, car insurance isn't required to rent a car. However, most personal car insurance policies extend to rental vehicles. For those who don't have insurance coverage and want to stay protected, most car rental agencies offer supplemental insurance coverage for an added fee.
  

• Does my car insurance cover rental cars?

  Most car insurance policies do cover rental cars. However, this coverage isn't universal. Before renting a car, it's recommended that you check your policy details or speak to your insurance agent to be sure rental car coverage is included at an appropriate level.
  

• Can I insure a car not in my name?

  In most states, it's possible to insure a car that isn't registered in the name of the policyholder. This commonly occurs when a parent purchases and insures a car for an adult child. However, many states and insurance agencies require the policyholder to have a financial stake in the vehicle they're insuring.

• Can you cancel car insurance at any time?

  In general, it's possible to cancel car insurance at any time, provided proper notice is given. Notice requirements are outlined in policy documents. Unlike health insurance that can require personal circumstance changes or a specialized enrollment period, auto insurance policies can be canceled or adjusted at any time.

• How can I change car insurance?

  Changing car insurance is as easy as notifying your current car insurance company and purchasing a new policy from a different agency. Even policies that have been paid up front can be canceled, and companies will issue a refund for any time remaining on the policy term.
  

• How do you become a car insurance agent?

  In most states, working as a car insurance agent requires having a state license for selling insurance products. Generally, this process involves taking classes and earning a passing score on a licensing exam. Some agencies may allow individuals to shadow or assist current agents while working on their licensing requirements.
  

• How do car insurance agents get paid?

  Most car insurance agents are paid on a commission basis. This means they receive a percentage of the amount their clients pay for their insurance coverage. Some agents may also earn a flat salary. Commissions range from 5% to 20%, on average, but this can vary based on the company or policy type.
  

• How much do car insurance agents make?

  Car insurance agent earnings depend on commission percentages, any base salary in addition to commission, sales proficiency, and sales experience. According to the Bureau of Labor Statistics, the average insurance sales agent makes around $52,000 per year. This may vary from state to state and company to company.