Cheap Preferred Auto Insurance Quotes
The Preferred Auto Insurance company was established in 1961 as an independent agency. The company is located in Memphis and services the state on Tennessee. As you may know already, Tennessee has one of the cheapest auto insurance premiums in the nation. However, if your driving record is not so great, you may not get a good rate - or will you?
PAIC offers a wide range of products and services related to automobile insurance. One of their specialties is assisting drivers in Tennessee with less than perfect driving records, including SR-22 insurance assistance. SR-22 is a document that is obtained through an insurance company after a license suspension (e.g. DWI/DUI), and sent to the state’s Department of Motor Vehicles on behalf of the driver, to complete the driving license restoration process. Not all cheap auto insurance companies will do this, as well as not all states require this. However, in this case the state of Tennessee does require SR-22, and PAIC will accommodate their customers with this requirement.
Furthermore, Preferred Insurance claims to meet the unique needs of drivers in this state. They claim to offer affordable down payments as well easy monthly payments. Preferred Insurance is available through the independent insurance market as well as their website.
Is PAIC an insurer to consider? If you have problems obtaining insurance from other cheap auto insurance companies, or if the quotes of other companies seem high to you, you may want to contact them for a quote. It does make sense to obtain numerous quotes from other websites too, such as through online insurance quote sites, as well as insurance brokers. No matter what ones driving situation currently is, there is always an opportunity for everyone to obtain the insurance that they need at the lowest possible cost, and with a solid insurance carrier.
What types of insurance are required in Tennessee? The only legally required automobile insurance in this state is liability coverage with limits of 25/50/15 (in thousand dollars). This state is a Tort state and does not require PIP or uninsured/underinsured motorist coverage. Though, uninsured/underinsured motorist coverage is highly recommended. If you are involved in an accident with an uninsured motorist or an underinsured motorist this coverage would protect you.
Some things to keep in mind when shopping for automobile insurance:
- Make sure that the state minimum liability coverage is enough for you - if you have an older car (not financed), and do not have a lot of assets, then perhaps you can “squeak-by” with this. But remember, assets or not, if you are involved in a serious at-fault accident and have only the minimum liability coverage, your carrier will pay up to this limit and the rest will be on you. If you are sued and the other party obtains a judgment, this judgment can follow you for decades.
- Don’t only look for the cheapest premiums, also consider the facts about your prospective insurer, such as their customer services, claims handling, financial soundness and business hours of phone support. All of this information is easily found on the internet.
- Remember, there are ways to obtain discounts on your auto insurance and you should avail yourself to every discount that you are entitled to. The most common ones are multi-policy, multi-car, safe driver, safe car and defensive driving certificates.
