Northern VA Auto Repair


Biz Buzz. Businesses We Love: FISCHER WEALTH ADVISORS

We are always on the hunt to find great stuff that’s backed by a great company. So when we find something awesome, we shout it out and share!

Glenn Fischer and Danielle Karl have sponsored many of our events, including our Women’s Car Care Clinics during which they shared some insider car insurance tips that can save you money!

  • Women pay more for car insurance than men

Since women tend to be better at following rules than men and have a tendency to communicate more, they are more likely to call the insurance company and talk about an incident. That action counts as a claim. In a lot of cases, it will still count even if the insurance company doesn’t pay anything out!

  • What should I know about insurance?
    • Car insurance only does two things it either pays to repair the damage you do to someone else which is Liability or it pays to repair your car known as comprehensive and collision which is Property damage.
    • Car insurance does not cover maintenance issues.
    • Avoid making a claim if at all possible. That claim will follow you and affect your auto rate for 5-7 years.
    • Do not call your insurance company for an opinion! Your question will be considered a claim even if there is no pay out.
    • Call your agent for advice! They can advise you on the best course of action for the problem you are dealing with. More importantly, they will listen and be your advocate!
  • How much insurance should I have?

State Minimums or more. How much do you have to lose? In Virginia,

13 % of auto accidents end up in law suits. Of those that go to trial, the average settlement is $447,000.

  • Why should I get glass coverage?

This is best value in car insurance. It does not count as a claim in your insurance history score because most companies outsource this to Satellite glass. Additionally, most insurance have this as a $0 or $100 deductible even to replace a whole front windshield!

  • Have a strategy to choose a higher deductible than you would normally be comfortable having. Most insurance companies have either a disappearing deductible or deductible savings account.
    • Declining deductible means every year you go without a claim the out of pocket expense declines usually $50.
    • A lot of companies will let you save a specific dollar amount each month or premium period into a savings account to build up a cash reserve for paying your deductible if you get into an accident. These accounts can accumulate interest and aren’t tied to any company – so your account and balance stay with you, whichever company you choose.

We’re your advocates and experts! Reach out anytime if you have questions about your coverage and ways you can save money.

Glenn Fischer and Danielle Karl


[email protected]

[email protected]