Car Insurance Explained, & What to Do After a Car Accident!

Car Insurance Explained, & What to Do After a Car Accident!

YouTube Transcript:

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hey let's talk car insurance what is car insurance well I'll tell you

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car insurance protects you from a huge financial loss basically you pay a

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premium monthly usually to your insurance company and an exchange if you

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get into a wreck the insurance company will help you cover your losses car

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insurance includes three different types of coverage number one property which

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will pay if your car is stolen or damaged to liability which pays for

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legal obligations to others for bodily injury or property damage and number

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three medical which pays for hospital bills rehabilitation and sometimes lost

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wages or funeral expenses

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part 2 money matters so how much coverage should you get well that

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depends on different things such as your car's value whether you own the car

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outright and how much in damages you can afford to cover out of pocket on your

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own naturally your monthly premium will vary depending on the amount of coverage

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like for instance it costs more to ensure the echo mobiel than it does to

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say cover Mr Bean's little mustard yellow car festival in the world kid and

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don't you forget it very important no just because you pay premium that

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doesn't mean you'll pay nothing when you get into a wreck most likely you'll have

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something called a deductible the deductible is the amount of money that

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you have to pay for your insurance starts kicking in so let's say you total

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your $5,000 car in Iraq and your deductible is $1000 that means that you

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are going to pay the first thousand dollars to get your car replaced and

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your insurance will pay the remaining four thousand in the good old USofA

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nearly all states require that you have car insurance if you're going to own or

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drive a car so it's super important to get it also the remaining states still

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require that you've proved that you could afford to cover all damages if you

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get into a wreck so basically for the privilege of not paying a monthly

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premium on insurance your gambling potentially hundreds of thousands of

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dollars if not more so we would say crowd get insured

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blogger blog 13 how to get insured is actually really simple you can get

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quotes online or over the phone very quickly from dozens of competitors

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insurance company will need a bit of information about you and your card also

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likely run a credit report and look up your accident history once you get a

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quote you like to start paying premiums and they will send you your insurance

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card which he should keep with your car at all times how come my I'll tell you

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how come because part for a colossal wreck boundless and bare vs the first

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person to tell me what that quote is from in the comments

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is officially an awesome adult step 1 post accident if you can get your car

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and your self off the road and into someplace safe if you cannot move your

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car and leave it there but make sure you get out of the dangerous situation your

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insurance company will pay to get a tow truck to take your car away either way

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though put on your hazards if you have any of those reflect her eyes triangles

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be sure to put those out if you have one of those road flares careful cause the

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burn you they're not just like fun with their not a glow stick for crying out

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loud to learn his lesson the hard way this guy lot of raids in the nineties

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none of this was true

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next wrangle up 1.5 this might be slightly uncomfortable but do not offer

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any apologies or explanations for what caused the wreck they can be used

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against you in future legal proceedings step 2 should you call the police

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we recommend that you do admittedly it is not illegal to not call the police

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but to quote you as News and World Report's even if no one is hurt if

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there's real damage insurance companies will soon do battle it's a good idea to

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call 911

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that's the recommendation from the federal government's website 911 dot gov

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which recommends calling after a car crash especially if someone is injured

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if you call 911 or your local precincts in bringing a neutral third party to

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document the accident you'll be doing yourself a favor

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it's true that it might take a little while for the police to get there if you

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live in a big city or they're just like super busy that day but still we

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recommend erring on the side of caution and calling them and either way you're

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going to have to file an accident report to the police more info in the new

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leader to step 3 daughter the other driver's information and volunteer your

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own

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write down these things and if you call the police you get their phone number of

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their badge number there

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named the number of the police report and request a copy of the police report

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having all this info will save you a lot of headaches in step 4 file a claim

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after this he has cleared call your insurance company immediately to start

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the claims process your insurance card should have a 24 hour phone number on

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the back of it and your insurance agent should call you within one business day

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to help you with the claim your insurance agent should also be able to

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help you basically every step of the way throughout the process after an accident

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that you are deemed responsible for it's possible that your premiums are going to

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go up that's because the insurance company sees you as a riskier

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investments however this is not for certain because a lot of different

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companies have different policies on rate increases so just know that it

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might vary a lot of people driving is a big part of adulthood and it is a huge

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responsibility basically you're piloting a two-time missiles so drive sober put

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down your phone and maintain legal speed limits that way you'll be avoiding the

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three most common causes of accidents I speak for everyone here at how to adult

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when I say you guys are awesome so please be safe please be safe I love you

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