Auto rates increased an average of 9% for drivers in 2022, with 1 in 5 US drivers reporting multiple auto rate increases over the 12-month period, according to Insurify. Unfortunately for drivers and auto insurance consumers, these rate increases are expected to continue in 2023. More accidents, rising medical and litigation costs, more frequent and severe natural disasters and inflation-driven auto repair costs are all expected to contribute to continued auto rate increases in 2023. In fact, US drivers are expected to spend on average $1,895 more in 2023 for the same coverage they had at the end of 2021, said Insurify.

As drivers struggle to find affordable coverage, having an experienced insurance agent on their side will be crucial to help navigate the rapidly changing marketplace. Continue reading for guidance on using an agent to navigate the auto insurance marketplace.

Tips for Auto Insurance Buyers in 2023

Although many of the factors contributing to rising auto rates are out of your control, there are several things you can try to help reduce the cost of your premium increases. Consider the following tips to help keep your auto rates down:

• Bundle your home and auto insurance. By purchasing multiple insurance policies from the same insurer, you could save up to 25% on your auto premiums. Ask your insurance agent to help you find eligible bundling discounts.
• Find the right vehicle for your budget. Higher-value vehicles are typically more expensive to repair or replace, leading to higher insurance costs. While several factors may affect your auto premiums, purchasing a vehicle with a lower MSRP could help you find less expensive coverage. Before buying a new-to-you vehicle, ask your insurance agent how much you can expect to pay for auto coverage.
• Increase your deductible. Raising your insurance deductible is one way to offset rising premium costs, but keep in mind a higher deductible will increase the amount you have to pay out of pocket after an accident. Consult your insurance agent to find out if a higher deductible plan is right for you.
• Consider a low-mileage plan. Driving fewer than 5,000 miles a year might make you eligible for a low-mileage auto insurance policy. These policies can lower your auto rates. Report your actual mileage to your insurance agent to see if this type of plan could be right for you.
• Ask your agent to help you find the right policy. Your insurance agent can help you shop around and compare multiple auto insurance quotes to find the right policy for your needs and budget. If you have a good driving record, less expensive insurance options could be available with a new insurance carrier.

We’re Here to Help

As you navigate the auto insurance market in 2023, it’s important to remember you’re not alone. Your insurance agent can help you search for eligible discounts and bring your auto policy into alignment with your coverage needs. Contact Rinehart, Walters & Danner Insurance Agency today to learn how we can help you navigate the challenging auto insurance marketplace.

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Buying used vehicles can be a great way to save a little money. However, make sure to be cautious when purchasing a used vehicle. To avoid purchasing a car with hidden problems, consider the below tips when shopping.

What to look for

• Excessive wear and tear in the interior, regardless of what the odometer says, is a clue that the car has seen some miles. Look for: Break pedal pad worn through the metal beneath – Driver’s seat outer edge is worn through – Water leaking directly under the floor mats
• Damp, musty odors are indications of leaks in the windshield, weather stripping or heater core
• Cars that ride lower in the front as compared to the back indicate worn springs
• Vehicles that bounce when pushed on indicates worn shocks and struts
• Tires with worn outer edges from the front end represent the need for an alignment
• Clanking noises when the vehicle is in gear points towards a problem with the drive shaft universal joints
• Repainted body panels, Check this by looking at the colors of adjoining panels to see if they match the front fender
• Motor oil that is not full indicates that the engine may be leaking or burning oil
• Knocking and ticking sounds that increase as the engine speed increases represent major problems and costly repairs
• Transmission fluid that is black or brown may indicate internal damage
• Banging, grinding or squeaking noises indicates a damaged or broken transmission mount

Be Wary of Mileage Tampering

Do not be fooled by the mileage on the odometer. To see if the instruments have been tampered with, look for fingerprints or scratches inside the plastic covering. Mileage numbers that don’t line up properly on the odometer offer another fraud clue. This may be a crude attempt at getting you to buy a vehicle that has far more miles (and problems) than what the low mileage would suggest.

Whether new or used, purchasing a vehicle is an investment. Make sure yours is properly covered by calling our office today to do a policy review.

Driving in the rain or during a thunderstorm can be pretty nerve-wracking for most people. Worrying about having an accident or being stuck on the side of the road can be very overwhelming. It can also be very dangerous. However, a few tips and adjustments can take away some of the anxiety and help you stay calm during your commute.

Driving in the rain and thunderstorms

If you happen to get caught driving in the rain or thunderstorm, don’t panic . There a extra precautions you can take to make your trip a safe one.

A few tips to keep in mind:

1. Turn on your headlights, wipers and defroster to increase visibility.
2. Drive in the tracks of vehicles ahead of you and reduce your speed.
3. Allow for increased space between your vehicle and the one in front of you.
4. If you hydroplane, hold the steering wheel straight and remove your foot from the gas.
5. Do not use cruse control during inclimate weather.
6. Pull off the road in an open area away from trees to avoid a lightning strike.

Helping you to avoid claims is just one of the many value-added services we provide. In the unfortunate event you do have an accident, we will help you through the process. Give us a call during business hours or click here to view our after hours claim contacts. 

The National Safety Council recognizes April as Distracted Driving Awareness Month. This event is intended to raise awareness about the dangers of distracted driving and encourage motorists like you to minimize potential distractions behind the wheel. Review the following article for more information on distracted driving and ways you can help prevent it.

Distracted Driving Overview

According to the Centers for Disease Control and Prevention, distracted driving refers to any activity that may divert a motorist’s attention from the road. There are three main types of distractions that can interfere with drivers’ attentiveness behind the wheel, including:

1. Visual distractions—These distractions involve motorists taking their eyes off the road. Some examples of visual distractions include reading emails or text messages, focusing on vehicle passengers, looking at maps or navigation systems, and observing nearby activities (e.g., accidents, traffic stops or roadside attractions) while driving.
2. Manual distractions—Such distractions entail motorists removing their hands from the steering wheel. Key examples of manual distractions include texting, adjusting the radio, programming navigation systems, eating, drinking or performing personal grooming tasks (e.g., applying makeup) while driving.
3. Cognitive distractions—These distractions stem from motorists taking their minds off driving. Primary examples of cognitive distractions include talking on the phone, conversing with vehicle passengers or daydreaming while driving.

Regardless of distraction type, distracted driving is a serious safety hazard that contributes to a significant number of accidents on the road. In fact, the National Highway Traffic Safety Administration reported that more than 2,800 people are killed and 400,000 are injured in crashes involving a distracted driver each year—equating to approximately eight deaths and 1,095 injuries per day. Considering these findings, it’s crucial to take steps to prevent distracted driving.

Distracted Driving Prevention Tips

Whenever you get behind the wheel, keep these distracted driving prevention measures in mind:

• Put away your phone. Silence your phone and store it in a location that is out of reach while driving to lower the temptation to check it.
• Plan your trip before you leave. Program your navigation system prior to hitting the road to get familiar with your journey and feel confident in your route.
• Don’t fumble with your playlist. Select a radio station or plug in a predetermined playlist before driving to limit the need for music adjustments.
• Secure passengers. Ensure kids are properly situated in car seats (if needed) with seat belts fastened. Keep pets stationary in the back seat.
• Avoid multitasking. Never complete additional tasks—such as eating or personal grooming—behind the wheel.
• Stay focused. Concentrate your mind on the road by keeping distracting conversations to a minimum and looking straight ahead.

For additional driver safety tips, contact us today.

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Though state laws may not require you to purchase both collision and comprehensive coverage for your policy, doing so can protect your financial well-being. Read on to learn more about these types of coverage.

The Basics

Collision and comprehensive coverages provide financial safety nets in the event that your vehicle is physically damaged and needs to be repaired or replaced. Although these coverages are generally not required by state laws, they can reduce your financial hardship during a loss.
Also, if you are financing a loan for a car, your lender will most likely require both collision and comprehensive coverage as part of your car insurance policy.

Collision Coverage

Collision coverage pays for the cost to repair damages to a vehicle due to an accident, either with another vehicle or an object. Typically, you will collect only the actual cash value of your car versus the replacement cost value. Gap insurance protects you in the event you owe more than your vehicle is worth.

• Collision coverage is generally the most expensive portion of a car insurance policy.
• Premiums are based on a number of factors, including your deductible, driving record and the type of car you drive. If your driving record is fairly clean (no or very few tickets or accidents), your premiums will be lower because you are less likely to have a collision.

Comprehensive Coverage

Comprehensive coverage pays for damage to your vehicle that is caused by theft, vandalism, fire, natural disasters or hitting an animal.

• Comprehensive coverage comes with a deductible and the insurer will only pay as much as the vehicle is worth at the time of the incident.
• To calculate how much your car is worth, look up the Kelley Blue Book value or the National Automobile Dealers Association’s Official Used Car Guide value. If your car is low in value, the yearly premiums for comprehensive coverage may not be a sound investment.
• Comprehensive coverage has many limitations, so it’s best to review your policy carefully to make sure you are properly covered.

We’re Here to Help

Call our office today at 419-522-9892 to learn more about collision and comprehensive coverage. Ask how we can protect you against losses.

4 Ways to Save on Your Auto Premiums:

1. Consider raising your deductible.
2. Maintain a clean driving record.
3. Establish a solid credit history.
4. Install an anti-theft device in your vehicle.