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| Name | Description |
| General Policy Terms | How satisfied are you with the basic coverage offered by this policy? |
| Cancellation by Insurer | Although prohibited in some states, does this plan have a provision allowing the insurer to cancel your policy upon written notice to you? |
| Cancellation for Non-Payment | If the insurer cancels your policy due to non-payment, is there an acceptable timeframe for receiving the written notice and for appealing the cancellation? |
| Coverage Duration | How does the timeframe this coverage is in force and any disqualifying events fit your needs? |
| Coverage Maximums | Does the amount of available insurance meet your current and future needs? |
| Coverage vs. Cost | Comparing the coverage this policy offers, is it offered at a competitive price? |
| Meets Your Need | Evaluate the degree to which this insurance policy meets your overall financial, health, life and liability needs both now and in the future. If you are not sure, ask a professional. |
| Policy Renewal | Evaluate the conditions under which this policy can be renewed and determine appropriateness for your situation? |
| Insurance Agent | How would you rate your insurance agent's overall helpfulness and knowledge? |
| Agent Helpfulness | How would you rate the agent's understanding of your situation and ability to provide solutions from which to choose? |
| Agent Knowledge | Is the agent knowledgeable and able to answer all your questions? |
| Agent Relationship to Insured | Evaluate your reason for considering this policy; is it for emotional reasons, do you feel obligated due to a friendship or does the policy really compliment your financial goals? |
| Agent Status | Does the agent represent one company or many companies? With limited access to other insurers, premiums could be higher. |
| Insurance Provider | How would you rate the overall interest, information and support the insurance provider has given you? |
| Affiliations | Does the insurer have affiliations with other business concerns (e.g. business partnerships and working relationships) that might translate to reduced premiums? |
| Claims Processing | How easy is this insurer's overall claims process? |
| Company Rating | How is the insurer rated by the standard rating services? |
| Recommendations | How would you rate the experience of others attempting to collect benefits from this insurer? |
| Cost | How do you rate the overall cost of this insurance coverage? |
| Cost Management | Evaluate the options available to you to reduce your overall cost of coverage. |
| Association Discount(s) | Evaluate any discounts given to policyholders for belonging to associations. (e.g. AARP, Alumni Association, Professional Associations) |
| Credit History | Evaluate the impact your credit history has on reducing your premium costs. |
| Good Driver Discount | Evaluate the discount given by this insurer for having a clean driving record. |
| Homeowner Discount | Evaluate any available discounts for either owning a home or insuring a home through the same insurer. |
| Multi-vehicle Discount | Evaluate available discounts for insuring multiple vehicles with the same insurer. |
| Safety Course Discount | Evaluate any available discounts for completing a driver safety course. |
| Auto Deductibles | Evaluate the various automobile deductibles as they relate to policy expense and covered losses. |
| Collision Deductible | Considering the trade-off between low deductibles and higher insurance premiums, how does the collision deductible selected fit your budget? |
| Comprehensive Deductible | Considering the trade-off between low deductibles and higher insurance premiums, how does the comprehensive deductible selected fit your budget? |
| Custom Parts or Equipment Deductible | Evaluate any deductibles against lost or damaged custom parts or equipment permanently attached to your vehicle. |
| Personal Injury Deductible | Evaluate your available assets and the cost of coverage against the deductible amount selected. |
| Premiums | Rate your overall cost of insurance. |
| Affordability | Evaluate your ability to afford premiums based on current income. |
| Payment Frequency | Does the insurer provide payment intervals which meet your needs (monthly, quarterly, semi-annual, etc.)? |
| Payment Options | Does the insurer provide various payment options (EFT, check, credit card, etc)? |
| Payment Source | Have you evaluated the best way to pay for this coverage, whether it be cash from your income or cash from income producing investments? |
| Premium Amount | Rate the premiums being charged for this policy or plan. For higher limits and health risks, you would expect to pay a higher price. |
| Coverages | Evaluate the coverage afforded you by the automobile insurance policy you are considering. |
| Bodily Injury Per Accident | Evaluate your liability limit for bodily injury caused to others, per ACCIDENT. |
| Bodily Injury Per Person | Evaluate your liability limit for bodily injury caused to others, per PERSON. |
| Collision Coverage | Evaluate the amount of collision coverage for damage to your vehicle. Consider the vehicle's current worth versus the cost for this amount of coverage. |
| Combined Limits | Does this insurer allow you to combine bodily injury and property liability limits if necessary? |
| Comprehensive Coverage | Evaluate the amount of comprehensive coverage for damage to your vehicle from fire, theft, vandalism, etc. |
| Custom Parts or Equipment | Consider the maximum dollar amount of coverage for custom parts or equipment mounted in or on your vehicle. |
| Lawyer | Does this insurer pay all legal expenses to defend you in a lawsuit resulting from an accident? |
| Medical Payments | Evaluate the maximum in medical payments provided to you in case of an accident. |
| Personal Injury Protection (PIP) | Evaluate your liability limit for personal injury resulting from an accident (usually referred to as "no fault"). |
| Property Damage Liability | Evaluate your liability limit for property damage to others' property per accident. |
| Rental Reimbursement | Does this policy meet your needs for rental car reimbursement if your vehicle is in for repairs. |
| Roadside Assistance | Does the policy provide reasonable limits to cover roadside assistance to get your vehicle operational after a mechanical or electrical breakdown? |
| Split Limits | Does this policy allow you to split bodily injury and property damage liability limits, if necessary? |
| Towing | Does this policy provide towing reimbursement, including free mileage, at a reasonable premium cost? |
| Uninsured/Underinsured Motorist | Evaluate the coverage provided to you if the other motorist does not have insurance or does not have enough insurance to cover damages. |
| Policy Features | Evaluate any limits placed on you due to policy definitions, eligibility or limitations. |
| Policy Considerations | Evaluate policy provisions to determine their impact on your out of pocket costs, coverage limits, or other policy terms. |
| Underage Operator | Evaluate the premium surcharge for any underage operators on your policy. |
This site is intended as an informational tool only and should be used in consultation with appropriate professional advisors.
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