Stay safe by sharing the road
We have all encountered scenarios in which other drivers make us shake our heads. People often are quick to accuse other drivers of being reckless, but if pressed, they may admit to sometimes driving recklessly themselves. If unsafe driving is everyone’s problem, what is the solution?
Our safety professionals have put together three tips that can help make sharing the road safer while getting from point A to B.
Assume you are invisible
It can be easy to assume everyone else on the road is paying attention, following traffic laws, and can see you clearly. However, that is not always the case. Next time you are expecting another driver to respect your right-of-way or let you merge into another lane, do not assume they are on the same page.
Avoid competitive driving
Whenever you are on the road, resist the urge to drive competitively. Instead, go with the flow and drive defensively. See yourself as part of a community of drivers – all trying to get to your destinations safely. Your improved driving behavior may rub off on others and help create safer conditions for everyone on the road.
Control your emotions
It may be easy to react to aggressive driving by becoming aggressive yourself. But taking the high road is often the best route. Someone cuts you off? Take a deep breath and just let it roll off your back.
Here are some ways to help prevent your emotions from getting the best of you on the roadway:
- Be patient when traffic delays slow you down.
- Keep a safe following distance behind other vehicles. You never know when someone may stop short.
- Avoid confronting aggressive drivers—be polite and courteous, even if others are not.
- Use your turn signals and leave plenty of room when turning or changing lanes.
Contact Long’s Insurance Agency today for all of your auto insurance needs… A free no hassle quote will give you strong peace of mind that you are protected on your next road adventure. Contact us Today!!
Gap Insurance Rights Your “Upside Down” Car Loan
Everyone’s heard it before…brand new cars instantly depreciate in value as soon as they’re driven off the lot. What you may not realize is that this fact can lead to a big gap in your auto insurance coverage. How? Below is an example scenario.
You buy a new car for $28,000 and sometime later you get into an accident in which your car is totaled. You still owe $23,000 on your loan, but because cars depreciate in value so quickly, the actual cash value—the original price minus depreciation—may only be $18,000 at the time of the collision. Your deductible is $500, which provides you with a settlement of $17,500 from your insurer. However, since you still owe $23,000 on your loan, you’re left with a gap of $5,500 and no car to get from A to B.
That’s where gap insurance comes to the rescue. This coverage can be added to your auto policy at any time while you’re paying off your loan. If your car undergoes a covered total loss, your insurer can cover the gap instead of it being on your tab. The best part is that this valuable coverage is often less than $30 per year.
A new car loses approximately 30 percent of its value within one year of purchase and 50 percent by year three, which means that at any given point before your car is paid off, its actual cash value can be thousands less than what you still owe on it. This situation is called being “upside down” on your loan.
Who needs gap insurance? Consider it in the following situations:
- Finance a vehicle for at least 60 months
- Put less than 20 percent down on a new vehicle
- Lease a vehicle
- Select a vehicle make/model with a history of high depreciation rates
Many dealerships will offer you gap insurance, but it often costs more than buying it through an independent agent. Protecting such a large investment is worth a call to your agent.
Contact Long’s Insurance Agency today and let us help you protect your new investment!
Source: State Auto Insurance