Frequently Asked Questions

Auto

How much Auto insurance coverage do I need?

Talk with your Brightway agent about your Auto insurance needs. He or she can customize a policy that is just right for you.

When considering how much Auto insurance to buy, consider the assets you have to protect. If you're single and just starting out, perhaps you can choose lower Liability limits than if you're more established with more assets to protect. Also consider the vehicle you're insuring. If it's older, sometimes it makes sense to drop Physical Damage (Comprehensive and Collision) coverage.

You should also consider how much you can afford for both premium, the amount you pay for your insurance, and deductibles, the amount you pay out of pocket before the insurance company pays on a covered claim.

How much will I pay out of pocket if I have a claim?

If you buy Physical Damage coverages for your car, you'll be asked to select a deductible. This is the amount you will pay out of pocket before the insurance company starts paying on a covered loss. Be sure you can afford the deductible you select.

How can I save money on Auto insurance?

  • Have your Brightway agent shop around for you. He or she will find the combination of coverage and price that's right for you.
  • Review your coverages. Depending upon your needs, you may be able to change/eliminate coverages to help save money.
  • Review your deductibles. Raising your deductible can lower your premium, but be sure the deductible amount you choose is affordable for you.
  • Consider dropping Physical Damage coverages on an older vehicle.

What information about me gets taken into consideration in my Auto insurance premium?

While different companies use different information about you, all companies use some form of information about you (your age, address, Insurance Bureau Score), your driving history (tickets, accidents and incidents) and your vehicle (year, make, model) to determine your rate.

What is an Insurance Bureau Score?

Simply put, it's a form of your credit score. It takes into consideration how financially responsible you are. Today, nearly all insurance companies use some form of this information when determining your rate. Why? It's simple: It's been proven that there is a relationship between how financially responsible you are and your likelihood of being involved in a crash or claim. To learn more, visit the Federal Trade Commission website.

Home

How much Homeowners insurance do I need?

Talk with your Brightway agent about your Homeowners insurance needs. He or she can customize a policy that's just right for you.

When considering your Homeowners needs, a very important part of your coverage is Coverage A—the amount you'll need to replace or rebuild your home. You'll want to work with your agent to very carefully calculate this amount to ensure you are fully covered.

You should also consider how much you can afford for both premium, the amount you pay for your insurance, and deductibles, the amount you pay out of pocket before the insurance company pays on a covered claim.

How much out of pocket will I have if I have a claim?

When you buy your Homeowners insurance, you'll be asked to choose a deductible amount. There may be several deductible amounts, depending upon where you live and the risks present in that area (Wind/Hail, for example). Be sure you can afford the deductible you select—it is the amount you'll pay out of pocket before the insurance company starts paying on a covered claim.

How can I save money on Homeowners insurance?

  • Have your Brightway agent shop around for you. He or she will find the combination of coverage and price that's right for you.
  • Review your coverages.
  • Review your deductibles. Raising your deductible can lower your premium, but be sure the deductible amount you choose is affordable for you.

What information about me gets taken into consideration in my Homeowners premium?

Different companies use different information. The categories of information are generally information about you (your age, address, Insurance Bureau Score), your Homeowners insurance claims history (previous claims you've made) and the home (year constructed, age of roof, type of construction, prior claims on the property).

What is an Insurance Bureau Score?

Simply put, it's a form of your credit score. It takes into consideration how financially responsible you are. Today, nearly all insurance companies use some form of this information when determining your rate. Why? It's simple: It's been proven that there is a relationship between how financially responsible you are and your likelihood of being involved in an event that results in a Homeowners claim. To learn more, visit the Federal Trade Commission website.

Does Homeowners insurance cover damage caused by flood?

No. To learn more, visit FEMA's National Flood Insurance Program site.

All statements are subject to the terms, exclusions and conditions of the applicable policy. In all instances current policy contract language prevails.