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July 5, 2023

Get Informed to Get the Best Insurance Deal!

When it comes to auto insurance, many of us just want to get on with it as quickly as possible. However, understanding what you’re signing up for is essential. This is something that can be overlooked as many don’t bother to read the fine print.

You need to know all the provisions of the contract before signing it. Two key terms you need to understand fully are your policy’s deductible amounts and coverage limits. Knowing these terms will help you get the best insurance deal, ensuring that you’ll have enough coverage if anything unfortunate were to happen to your vehicle.

We at Veteran Car Donations will break down what deductible amounts and coverage limits mean so that you can make educated decisions on the insurance coverages you need while comparing policies. Keep reading to get informed!


What’s an Auto Insurance Deductible?

An auto insurance deductible refers to the amount of money you agree to pay out of pocket on a claim before your insurance covers everything else. Let’s say you got involved in a crash that caused $5,000 worth of damage to your car. Fortunately, you have a $500 collision deductible, which means your insurance company will pay $4,500 of the claim after you pay $500.

Collision, comprehensive, personal injury protection, and uninsured motorist coverages all usually come with deductibles. Policyholders can choose between high and low deductibles. Higher deductibles mean lower insurance rates, while lower deductibles mean higher insurance rates.


What’s a Coverage Limit?

A coverage limit is the maximum amount of money your insurance policy will pay in the event of a claim. It varies depending on what kind of insurance you have and how much it costs. Typically, however, it covers any damages or losses up to a certain value. In case you exceed your coverage limit, then you’ll be responsible for paying the remaining balance out of pocket.

Knowing your coverage limits will give you some peace of mind that you have enough coverage to cover any potential costs. If you’re concerned about being underinsured, it may be worth considering having a higher limit to make sure you’re sufficiently covered in the event of an accident. However, if your policy has a lower premium, then a lower coverage limit might work better for you.

While choosing a higher limit may mean paying more for insurance now, it could save you a lot of money later on if you have an accident. Ultimately, the decision depends on your needs and financial situation.


Is Your Car Showing Signs of Deterioration?

Having the right auto insurance policy will no doubt give you peace of mind. Then again, you can’t have peace of mind if you’re driving a vehicle that has become prone to breakdowns despite the numerous repairs it has undergone. The smartest decision you can make in this case is to simply dispose of it and buy yourself a new one.

What if we told you that you can still find a good use for your clunker? How? By turning it over to us at Veteran Car Donations! We’ll repurpose your vehicle by using it to uplift the lives of the struggling disadvantaged veterans and their families in your local community.

We’ll put your vehicle up for auction, with the proceeds going to our veteran-focused nonprofit partners. These IRS-certified 501(c)(3) nonprofit organizations cater to former service members who are homeless and impoverished, those who can’t find decent jobs to support themselves and their families, and those who are suffering from service-connected disabilities and serious illnesses, including mental health disorders.

Thanks to your donation, our charity partners will be able to provide more of these veterans with housing and financial assistance, employment and livelihood opportunities, family support, free quality health care and medical treatment, psychotherapy services, and many other services meant to improve their living conditions.

Your act of charity will allow you to dispose of an unwanted vehicle at absolutely no cost to you. We’ll provide you with our free professional towing service wherever you are in the country.

Moreover, your gift will entitle you to claim the maximum tax deduction in the next tax season.

Best of all, you’ll get to experience the priceless satisfaction of helping our nation’s heroes live the decent and satisfying life they deserve.

We accept almost all types of vehicles regardless of their ages or conditions.

For more information about our vehicle donation program, including our quick and easy donation process, head over to our FAQs page. Call us anytime through our toll-free hotline at 877-594-5822 or send us a message here should you have any questions or concerns that you’d like us to address.

Show Our Hurting Heroes There’s a Bright Future Ahead of Them!

Despite all the obstacles they’re going through, our underprivileged veterans can still experience the good life they deserve. That’s what your auto donation can do. Call Veteran Car Donations at 877-594-5822 or fill out our secure online donation form now!

Veteran Car Donations operates in all 50 states.

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Or call (877) 594-5822!