Auto Insurance Articles Archive for October, 2009

  • The Importance of Having Auto Collision Insurance

    by Ricky Lawrence

    Auto collision insurance is part of complete automobile policy, along with personal injury coverage, and liability coverage. You have a limited coverage if you do not sign up for all three. What do these types of insurance exactly do? Personal injury takes care of medical expenses and passengers who got hurt in a road accident. On the other hand, liability coverage covers third party losses including damage to property, medical bills, and wage loss brought about by a mishap. Finally, … (more) October 7, 2009

  • Protecting Yourself with Gap Insurance

    by Ricky Lawrence

    A car is an asset that depreciates unimaginably fast. In fact, the value of your vehicle nose-dives the moment you purchase and drive it away the dealer’s lot. That is how things go and we can only do little about it. The bigger problem is this: What if your car got involved in an accident just four months after you bought it? Certainly, this will give you a headache of a lifetime. However, take heart, there is this thing called … (more) October 7, 2009

  • Modified Car Insurance 101

    by Ricky Lawrence

    Since a car is a big boy’s toy, many men try to modify some parts to customize it to their liking. Altering an automobile is like customizing a Facebook profile or dressing a child. You add what fits your taste, personality, and budget of course. However, after the painstaking, but satisfying modifications are made, having cheap modified car insurance proves to be somewhat difficult. Sure, insurers will still take into consideration the policyholder’s usual profile. Age remains an important factor … (more) October 7, 2009

  • Simple Ways To Get Cheap Auto Insurance For Seniors

    by Ricky Lawrence

    Insurers take your age as a primary consideration when calculating for premiums. If you are an elderly driver, then you are deemed a high risk driver. Many seniors have impaired senses such as hearing and eyesight and insurance companies see it unsafe for older drivers to still hit the road because they are prone to road accidents. That is why the auto insurance for seniors rate is generally high. Well aware of their driving limitations, many seniors drive more carefully, … (more) October 7, 2009

  • Things to Consider when Getting Used Car Insurance

    by Ricky Lawrence

    With the battered economy, many people dismiss the idea of buying brand-new fancy cars. Instead, more and more people nowadays are buying used vehicles. Second-hand vehicles are often purchased by those who simply need a mode of transportation for their everyday lives. Since they have tight budget, many of them ignore applying for used car insurance. Technically speaking, there is not much difference between new and used vehicle insurance packages. What differs, however, is the little details that outline the … (more) October 7, 2009

  • Protect Yourself with Gap Insurance

    by Ricky Lawrence

    Land is the only asset that appreciates. Value of cars, on the other hand, depreciates significantly fast. In fact, its value plummets as soon as you buy and drive them away the sales lot. Well, it is life, and we cannot do anything about it. However, what if the vehicle you just purchased would be involved in a road accident just a few months (or weeks) after you got it? This is where gap insurance comes into play. Many people … (more) October 6, 2009

  • How to Get the Cheapest Car Insurance

    by Ricky Lawrence

    Driving your car is always a taxing activity. Whether you are cruising along an almost empty highway or traversing a chaotic avenue, you always have the uneasiness that takes the backseat.  Of course, your anxieties all boil down to you and your vehicle’s safety. Have peace of mind by getting a policy for your car. However, most drivers feel that getting the cheapest car insurance is an unattainable goal. One common belief is that auto insurance policy is bound to … (more) October 6, 2009

  • How to Get Cheap Truck Insurance Rates

    by Ricky Lawrence

    Trucks are the largest vehicles that are hitting the road. However, despite their enormous size, they still speed up, putting lives as well as properties in danger. It is not surprising then that the rates for truck insurance are considerably higher than cars. If you own a trailer or drive one, and you got cheap rates without a sweat, you may soon realize that it was not a good idea. If a road mishap happens and the truck brought damages … (more) October 6, 2009