Praetorian Insurance Company is now part of QBE North America after a successful acquisition by QBE Limited Group from Hannover Re. Working under a new parent, there is almost no change in Praetorian’s insurance scope that it still sells and underwrites business policy including personal auto. Many parts of its plan comply with QBE’s products, allowing the acquisition to complement QBE’s existing strategy. The parent company is in Australia, but it has multiple sub-divisions in America, Europe, and Asia Pacific regions.
Types of coverage for personal auto policy always depend on states’ regulations. Every state has different rules regarding auto insurance, and all drivers must comply with the rules regardless of where they live. To be able to do business in any state, every company has to acquire a license. Some companies have a license to conduct business only in certain states, and this may result in affiliations with other insurers. Consumers should be aware of this practice to avoid confusions at a later date. However, Praetorian Insurance Company has the license to sell and underwrite the personal auto policy in all 50 states as well as in District of Columbia and Puerto Rico. The good thing is that all consumers deal with only one insurer to simplify the policy-purchasing process.
Praetorian Insurance Company allows every consumer to work with independent agents to get the best rate for the best financial protection from the auto policy. The company also has affiliate agencies, but they are all available for homeowners program, not for auto. Independent agents are like middlemen in the insurance industry; they understand everything about auto policy including perils, rates, discounts, special offers, and types of coverage. An independent agent works on behalf of the consumer, providing services to get the best possible deal. There is no affiliation between Praetorian Insurance Company and independent agencies.
Types of Auto Insurance Coverage
47 states require drivers to purchase liability insurance, and 15 states also require drivers to purchase PIP (Personal Injury Protection). Some types of coverage are mandatory, and your state determines the minimum limit for the coverage as well. Understanding your state laws is an important part of buying auto insurance. Besides the mandatory coverage, you have to consider the extra ones too such as towing, medical payment, comprehensive, collision, and rental reimbursement. An independent agent is a helpful third-party service to analyze, calculates, and determines risks, so you make the right purchase without reducing the protections. Praetorian Insurance Company offers an array of auto coverage as follows.
Praetorian Insurance Company combines all those types of coverage in FlexAuto programs. It allows the company to determine individual pricing for each consumer. The primary variable in such pricing method is driving behavior. A customer with clean records or claim-free account has more affordable pricing than those with traffic tickets. Analysis of each record is on a regular basis, so there is good chance of improving records and get more affordable rate after every renewal.
FlexAuto also offers Accident Forgiveness Program, which waives premium surcharge for every consumer who has at least four years of continuous coverage or at least three years of zero at-fault accidents claim. For better protections, the company offers some optional coverage too such as Towing and Labor, Transportation Expense (Rental Reimbursement), and Audio/Visual Equipment. A set of discounts are available for examples:
How to Save On Senior Auto Insurance
Ever been in a situation where you are in a hurry to get somewhere and driving on the freeway with such speed then you suddenly see yourself come behind a car on same fast lane going slow, even slower than those on other lanes? You try as much to get the slow driver to move faster; flashing your vehicle light and all you could to no avail. You finally get to move past the slow driver and while getting by car, you realized the driver is an elderly and you simply drive ahead and wander along. It is a fact that senior citizens drive safely much more than the youths and have better rates.
What You Can Do to Get Cheap Insurance for Your Car
With so many auto insurance companies across the nation, finding an affordable insurance for your vehicle can be either easy or difficult. It is easy because those companies are in the middle of a competition which may force them to lower the premium. It is also difficult since the cheapest one is not always the most dependable.
Auto insurance used to be a complicated process full of lengthy discussions with captive agent
As technologies improve and communication has become easier than ever, buyers no longer need to wait for several days to get quotes and make the purchase.
