Saturday, July 11, 2009

Know Your Car Insurance Companies

You may wonder why should you know your car insurance companies. One very good reason is that in the event of an accident you would be less likely to accept a false proof of insurance. How’s that possible?

A few months ago my car was hit while I was sitting at a stop sign waiting to turn left. The other driver coming from my right cut the corner before realizing there was a car there. Needless to say it was a head-on collision, but thankfully she was slowing to turn.When the time came to exchange insurance information, she handed me a letter on official letterhead that gave a policy number for auto insurance. The letterhead said “DriveTime”. I’d heard about DriveTime as being a place where one could easily get an auto loan. I never questioned the validity of the “proof” of insurance I was given.

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