How to Choose the Right Auto Insurance Policy for You

There are a lot of choices to make when it comes to choosing an auto insurance policy. You want to find the one that fits your needs and provides the best coverage for you and your family. But with all the options available, how do you know which one is right for you? Here are four tips to help do just that.

1. Know Your State’s Minimum Coverage Requirements

Regarding auto insurance, every state has its minimum coverage requirements. This is the absolute minimum amount of insurance you must have by law. Make sure your policy meets or exceeds these requirements.

2. Decide How many risks You’re Willing to Take

No one wants to think about being in an accident, but it’s essential to be prepared for the worst. Decide how much risk you’re willing to take regarding your auto insurance policy. If you have a newer car or can’t afford to replace your vehicle, you may want to consider a policy with higher limits.

3. Consider Your Budget

Your budget is an important factor in choosing an auto insurance policy. You want to make sure you can afford the premium, but you also don’t want to sacrifice coverage. Find a policy that fits your budget and provides the coverage you need.

4. Read and Understand the Policy

Once you’ve chosen a policy, read and understand the contract. This is the only way to know what is covered and what isn’t. If you have any questions, be sure to ask your agent before you sign anything.

Your auto insurance policy could significantly impact your life if you are ever in an accident. Be sure to research and choose a policy that is right for you. If you’re looking for auto insurance in Houston, TX, contact Heydari Financial Group. We can help you find the right policy for your needs and budget. Give us a call today for a free quote.

Common Auto Insurance Exclusions

Your auto insurance covers you when involved in accidents or when any risk listed in your policy comes knocking on your doors. Unfortunately, just like other insurance policies, your car insurance doesn’t cover all risks — it has exclusions and limitations that you need to know for two reasons. Firstly, knowing what your insurance doesn’t cover smoothens the claim process. Secondly, understanding your policy exclusions helps you know what "riders" or "endorsements" to purchase.

Need to learn more about your auto insurance exclusions? Keep scrolling as Heydari Financial Group of Houston, TX highlights common risks not covered by car insurance.

  • Excluded driver: If you have a high-risk driver in your household that hasn’t been included in your car insurance, your claim may not be honored if such drivers crash your vehicle.
  • Intentional acts: If you intentionally harm someone else or your car, any damage or medical claims arising from this act will likely be turned down by your insurer.
  • Medical benefits exclusions: MedPay pays for the medical expenses for you and your passengers when injured in an accident. However, this coverage won’t come into play when you suffer auto injuries during racing events, illegal activities, or using your car for commercial purposes.
  • Mechanical failure: When your engine or transmission starts acting up, your insurer won’t come to your rescue even if you have collision or comprehensive coverage. Similarly, typical car insurance doesn’t cover normal wear and tear since it’s assumed you should take utmost care of your vehicle.
  • Unapproved modifications: If the modifications affect the stability and integrity of your car, any accidents resulting after such customizations will be voided by your insurer.

Need to learn more about auto insurance? Don’t hesitate to get in touch with Heydari Financial Group for more information. You can also pop in our Houston, TX offices to speak to one of our sales agents.

Texas Auto Insurance – Is Texas A No-Fault Auto Insurance State?

Driving in Texas?  There are things to be aware of when operating a motor vehicle in the state of Texas that you may not encounter in other states.  Texas is known for its heavy thunderstorms and torrential rains, so flash floods are a distinct possibility in certain parts of Texas during a summer storm.  Those are just some of the situations to look out for, there are others such as who’s at fault during an accident?  You can purchase auto insurance at Heydari Financial Group in Houston, TX.

No-Fault Auto Insurance

There are 18 States which require PIP – No-Fault Auto Insurance coverage:  Arkansas, Delaware, Florida, Hawaii, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, Oregon, Utah, Washington State, and Texas.  PIP is known as Personal Injury Protection and is another name for No-Fault Insurance.

What’s So Special About These States?

No-Fault Auto Insurance States operate under the rules that there is no fault given in automobile accidents between two or more drivers.  In the case of an accident between two drivers, each insurance company would pay for the damages and liability to the other driver.  This way, both ends of coverage are covered in the case of an accident.  

Uninsured Drivers?

You can purchase uninsured drivers coverage to cover yourself in case you get into an accident with another driver and that other driver does not have auto insurance.  This scenario happens a lot more than you may think, so it’s always a good idea to protect yourself from any possible scenario that you may find yourself in.  

More Information

You can find more information about No-Fault Auto Insurance by contacting Heydari Financial Group in Houston, TX today!

How to Avoid Car Insurance Lapse

As money gets tight, everyone starts looking for ways to cut back and save a little money. One option many consider is letting their car insurance in Houston, TX expire for just a short period. However, allowing car insurance to lapse is not the best idea because many other unexpected problems can occur when car insurance lapses. Call the experts at Heydari Financial Group to discuss the dangers of letting a car insurance lapse. 

Is Car Insurance Required in Texas? 

All car owners with a registered vehicle in Texas must satisfy the Texas Financial Responsibility Law and maintain proper car insurance. When pulled over, drivers must show proof of insurance and have their insurance card on them at all times. If stopped without insurance, drivers face a fine of up to $350 for the first time pulled over. In addition to penalties, repeat offenders not having proper insurance could face having their license revoked. 

How Do I Avoid a Lapse in Coverage? 

There are two main reasons car insurance gets canceled — multiple driving offenses and not paying the premiums. The best way to avoid a lapse in auto insurance coverage is to make the payments on time and maintain a clean driving record. If money is an issue, speak with an insurance provider to discuss discounts to help make premiums more affordable or shop around with other insurance companies for a cheaper rate. 

What Happens if My Car Insurance Lapses? 

Should an insurance policy lapse, call the insurance agent immediately to discuss options to get it reinstated. When a lapse in insurance happens, drivers face financial consequences, such as fees and penalties, and risk losing their license. Additionally, when an insurance policy lapses, there is a risk of paying higher premiums in the future.  

When owning a car in Houston, TX, it is imperative to do everything possible to maintain the required car insurance. For additional information or help with a lapse in your insurance, call our experts today at Heydari Financial Group. 

What is basic auto insurance in Texas

Drivers in Texas are required to have at least basic insurance. Most states have basic requirements for insurance but they are not all the same. One thing they do have in common is they all require some form of liability coverage. At Heydari Financial Group in Houston, TX, we are an independent agency and believe in treating our customers with honesty and integrity. Our years of experience make us a great option when you have questions about your insurance coverage. 

The law in Texas mandates drivers show they are able to pay for any damage they may cause in an accident where they are responsible. Most people show this with auto insurance. The amount of liability insurance you must have is 30/60/25. In an accident where the driver or passengers are injured, you need $30,000 in personal injury converge with a total of $60,000 per accident if more than one person is injured. You also must have $25,000 for damage to property which in most cases will be the other vehicle. 

The 30/60/25 is the basic amount you must have but not necessarily the amount you should have. If the injuries or damage were to go beyond the limits of your coverage, you would need to pay the overage out of your own pocket. If that would be a hardship, you might want to have more than basic auto insurance. 

For vehicles with a lease or a loan, you will need to carry collision and comprehensive insurance as required by the lessor or the lender. This coverage protects the vehicle which protects their investment in your vehicle. 

When you are ready to change your auto insurance or get a policy review, the knowledgeable team at Heydari Financial Group in Houston, TX will be here for you. Contact us for a no-obligation quote. 

Most Common Auto Insurance Myths

Buying the right auto insurance is an important step because it helps to protect your vehicle, you as a driver, your passengers, and other drivers on the road. Unfortunately, there is a lot of wrong information about car insurance that does not allow you to make the right decision and pick the policy you really need. Therefore, Heydari Financial Group serving clients from Houston, TX and other surrounding areas has prepared the list of few myths about auto insurance that need to be debunked: 

Color of Your Car Determine the Cost of Insurance

No, the color of your car does not have an impact on your insurance costs. The price of car insurance depends on many other factors, including the model, engine size, the cost to repair the vehicle, the age, and some others. 

Car Insurance is More Expensive for Older People

It is actually the opposite. In most cases, older drivers may be qualified for special discounts. For example, if you are 55 and you have successfully completed an accident prevention course, you can get a reduction in your car insurance premium. 

You Credit Score Does Not Have an Impact on Your Insurance Rate

Unfortunately, your credit may matter. Insurance companies use a credit-based insurance score to understand how likely a driver to file a claim or have an insurance loss. For this reason, a low credit score can raise your auto insurance premiums anywhere from 0% to 200%. 

If you are a car owner Houston, TX and you are looking for a trustworthy insurance agency to purchase a new car insurance policy or update the existing one, Heydari Financial Group will be glad to assist you. All you need to do is to visit our website or give us a call to talk to one of our experienced insurance agents. 

3 Reasons You Should Review Your Auto Insurance Annually

It’s important to be safe when you’re in Houston, TX. Auto insurance is a must if you plan on driving around. Your auto insurance has to be reviewed annually to keep you safe. There are quite a few reasons to do so.

At the Heydari Financial Group, we’re able to help you review your auto insurance policy. We’ll be able to get quotes from multiple insurance companies, allowing you to see what each will charge. It can make it easier for you to confidently choose a policy knowing that you’re getting the best possible deal.

It’s also a good idea to review your policy for coverage levels. For example, if you have had an accident in the past, you might want to add more coverage to avoid an out-of-pocket expense. You may even want to reduce the deductible for the same reason. If you’re not sure about the coverage levels and what kind of coverage you should have, ask an agent. We’re here to answer questions that you might have to ensure that you’re covered against any kind of situation that you might run into.

Finally, you want to make sure to review your auto insurance to find out if you qualify for any new discounts. You may have bought a home, allowing you to get a homeowner discount. You may have taken a safe driving course, qualifying you for money off of your premiums. Various discounts can add up quickly, giving you a more affordable monthly premium.

It doesn’t take long for you to review policy. Plus, it can be the best thing for you.

When it’s coming time for you to review your auto insurance, be sure to contact us at Heydari Financial Group. One of our insurance agents can help you to find the right policy to keep you safe on the roads in Houston, TX.

 

Should I get full coverage even though my car isn’t brand new?

It can be hard to get everywhere you want without driving if you live in Houston, TX. The easiest and most economical way to meet the insurance requirements in Texas is to purchase a liability policy. At Heydari Financial Group, we can help you find a low rate on a standard auto insurance policy.

 You may not realize that full coverage can be surprisingly affordable, and provides many advantages over a policy that only protects you up to the minimum limits.

What your regular policy covers

You need to have at least this much coverage to prove financial responsibility in Texas:

  • $30,000 for each injured person, to cover everything from medical bills to attorney fees, with a $60,000 maximum limit for each accident no matter how many people were involved
  • $25,000 for property damage, no matter how much damage there was.

This is liability only, so it doesn’t protect your vehicle in an accident.

What you can get with full coverage

The maximum amount your insurance company will pay out depends on the limits you agree on ahead of time. The first thing you might want to ask about is how to increase your coverage, in case you are in an accident where the damages exceed those low amounts.

Here are some other options you can get with full coverage:

  • Collision coverage, to help repair or replace your vehicle in case of an auto accident
  • Comprehensive coverage, to protect your vehicle in case of theft or vandalism
  • Rental reimbursement, in case your car is out of commission after an accident
  • Uninsured and underinsured motorist coverage, in case you are in an accident with someone who doesn’t have the proper insurance

If you are in Houston, TX, we can help you find the protection you’re more comfortable with. Call Heydari Financial Group today for a free quote.

Is your Property Covered with Auto Policies?

When it comes to owning a car, one of the most important things you can have is a good auto policy. Auto policies cover a wide range of things that many drives may not even be aware of, and one of them is contents. For those that live in or around the Houston, TX area, the agents that work with Heydari Financial Group can help you to find the perfect auto policy for your particular needs.

The contents of your car are covered in many cases of theft, damage, and even if the car is wrecked and your items are unsalvageable. This is a great feature of most policies that help to cover the cost of recovering or replacing items if your car is totaled or if it is broken into. You do need to make sure however that you are taking the time to create a policy that covers the contents of your car so that you can be sure your car is fully covered.

The contents of your car are likely only covered up to a certain amount unless they are specifically labeled or covered otherwise. A good example is someone that works out of their car or that carries work supplies and expensive work items in their vehicle. This means things like laptops, other computers, and other expensive supplies. Your employer likely has them covered if you are working for someone, but if you are using your items for your own business, you will want to have a policy that covers them.

If you live in or around the Houston, TX area, Heydari Financial Group’s agents can help you to create a policy that is specific to your lifestyle, your car, and needed coverage.

My Friend Was Driving When The Accident Happened. Will My Auto Insurance Cover the Claim?

Your auto insurance policy protects you from financial losses in case of an accident. An insurance agent, such as Heydari Financial Group in Houston, TX, may help you find the auto insurance policy that best suits your car and its needs. If you do not understand the amount of coverage it offers, they may offer you help.

Who Is Covered When Driving Your Car?

  • Understanding exactly who is covered when driving your car can be difficult because different insurance providers have different policies. However, all members of your household are covered when driving your car. They could either be your friends, roommates, or family that lives with you.
  • If you allow friends or family members that do not live with you to use your car, and they get into an accident, your auto insurance will cover the claim. Your auto insurance policy would not cover you if a friend or a family member were driving your car without your permission. In such situations, they may have to use their own insurance.
  • It is a good idea to include everyone that may use your car in your policy. Your auto insurance policy is for your vehicle and not for you. This means that in most cases, you will receive compensation even if you were not driving the car at the time of the accident. The only time when your auto insurance coverage won’t cover the claim is when you have excluded a friend from your policy, or if the friend that was driving your car did not have permission and is uninsured. If your friend was unlicensed or driving intoxicated, you could be held liable.

Contact Heydari Financial Group in Houston, TX to discuss a new quote for auto insurance. Our agents are ready to help you get started with a policy.