Being smart with $$ -- Gimmicky car insurance features are not free

Nothing in life is free, including gimmicky car insurance features.  You know those ads that say OUR company gives you "better car Replacement" or "accident forgiveness"?  You pay extra for those features (says Kiplingers Feb '16).  Makes sense since insurance companies aren't in business to lose money and all those features have an added cost to them.  So forget the gimmicks and get the coverage that's right for your needs.  And don't fall for the ads' implications that switching companies gets you something for free.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com