WHAT IS IT? Often overlooked and misunderstood, UM/UIM coverage (uninsured underinsured motorists) will vary slightly by state but the underlying concept is generally the same. Coverage may consist of 3 parts : UM or UMBI – related to medical bills, lost income and pain and suffering when the other driver is at fault and had no insurance coverage […]
Will my credit rating change my insurance rates?
I was recently asked this question by one of our Performance Insurance Agency clients, and thought I would share the answer here for our readers. There are a lot of things that go into homeowners and auto insurance rates, one of them being credit. I’ve heard a lot of complaints from people who don’t like […]
Why Do My Auto Insurance Rates Keep Going Up Even Though My Car Keeps Getting Older?
Why do my auto insurance rates keep going up even though my car is getting older? At Performance Insurance Agency, many of our clients ask this question so I would like to address it from a couple of angles. First things first, even though it’s called car/auto insurance, it covers more than just your car. […]