Little Known Facts About Auto Insurance and Life Insurance

Little Known Facts About Auto Insurance and Life Insurance

Whether purchasing life insurance or auto insurance, there are things that might be helpful to know beforehand. However, many of these things are not well known facts. Take a look, you may even find them to be useful.

Auto Insurance Facts:

  • Standard policies do not include coverage for theft of personal items from a vehicle.

  • Good credit often means an auto insurance discount.

  • Car insurance paid on vehicles used for business purposes can be claimed as a tax credit.

  • Certain career fields have often offered discounted packages.

Life Insurance Facts:

  • Term life insurance is the cheapest type of life insurance policy a person can buy.

  • Only insure to the amount needed to cover expenses because the higher payout amount, the higher the premiums will be.

  • As of June, 2013, life insurance policy rates in America are at an all-time low.

  • Beneficiaries do not have to pay taxes on the life insurance payout.

To get more information about life insurance and auto insurance or to obtain a quote, contact Steve Wilk Insurance Agency, currently servicing the Lombard, Illinois area.