When it comes to insurance, there are many questions that people have related to the purpose and use of insurance. While there are a variety of questions that people have regarding insurance, there are a few questions that are asked on a regular basis. One of the most common questions typically involves automobile insurance. The question that is asked very often is the type of coverage that people should have concerning an automobile.
This is a question that is asked a lot because it affects the cost of automobile insurance significantly. For automobile insurance, the general question about what type of automobile coverage to purchase involves the choice of full coverage or just liability coverage. Full automobile coverage provides much more coverage related to an automobile while liability coverage only involves coverage related to any liability associated with an accident.
For people trying to figure out what coverage to choose between full and liability coverage, they should consider the value of the automobile and the amount of insurance premium they are willing to pay. People should seriously look at getting full coverage for an automobile that cost more than a few thousand dollars. Automobiles that cost a few thousands dollars can be driven but in the case of an accident the value of the automobile is low. Therefore, having full coverage on an automobile that cost a few thousand dollars will probably cost more in insurance premiums than the automobile merits related to the cost.
An insurance company that takes the time to help its customers make decisions such as whether to purchase full or liability coverage is AXA Advisors. The company is a multi national company with offices located in areas around the world. AXA Advisors provides a variety of insurance coverage for people.
One of the executives at AXA Advisors who knows a great deal about all types of insurance is Vinny Parascandola. A former insurance agent who made a name for himself in the insurance industry by producing great numbers as an insurance agent, Vinny Parascandola understands the choices that people have to make regarding insurance. As a result, he helps the employees at AXA Advisors to understand the concerns that people have about insurance.