Here is an excerpt from a new blog post at GreggMarcus.com:
Most
people are becoming aware of the increasing problem that is auto theft,
as well as vandalism and how they affect your insurance rates. It is
said that nearly every thirty seconds a car is stolen. That comes to
about a million cars being stolen in a single year alone. Theft has such
an effect on your insurance premium that some individuals who live in
certain locations are unable to possess a regular auto insurance policy
due to such a high risk of theft. In this post, Long Island Insurance
Executive, Gregg S. Marcus will explain all you need to know regarding
auto insurance when it comes to theft coverage and keeping your car
safe.
Car theft is covered by your automobile insurance policy’s
comprehensive coverage. While paying for comprehensive insurance
coverage, your pay rates will be determined by the likelihood that your
car will be stolen. Your insurance company itself will review the theft
rates in your local area and also take into account the make and model
of your car as certain automobiles are more likely to be targeted for
theft.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
