You've probably heard that a new car loses value the second you drive it off the lot. Unfortunately, it's true. So, consider what would happen if your new car ended up totaled in an accident, or because a tree fell on it during a storm. The amount in insurance coverage you would receive would be equal to the value of the car at the time of the accident and not the full replacement cost of the same vehicle new. The result could be a difference between your coverage and what it would cost to replace your car. It's a difference that you would pay out of your pocket.
Meet Dave. Like one in 10 Americans, he owns a boat. Dave and his family spend an average of 14 weekends on the water. Like 95 percent of recreational boat owners, his craft is less than 26’ long. He understands not only the capabilities of his vessel, but his piloting and navigating skills, as well.
Thinking about purchasing a new car? That can be very exciting. However, before you drive the vehicle off the lot, there's one person you should definitely call – your independent insurance agent. Your agent can help ensure you have the right auto coverage to protect your new ride.
With teen drivers, it is very important to have coachable moments early on to instill safe and responsible habits that will carry throughout their driving. The Hanover offers some conversation starters for you and your teen.