Auto Insurance Articles Archive for November, 2009

• Basics of Group Auto Insurance

  by Ricky Lawrence

  Group auto insurance is beneficial and cost-effective for businesses since it offers participants a wide coverage at a relatively reasonable cost.  In cases of traffic mishaps or car accidents, members have that peace of mind that they would receive just compensation in case of a traffic accident.  As the term itself suggests, this type of insurance is designed for enterprises with more than one member.  However, it does not necessarily cater to just profit-oriented organizations, such as businesses, but also … (more) November 19, 2009

• Quick Facts on Non-Owners Auto Insurance

  by Ricky Lawrence

  If you are someone who does not own a vehicle, but drives around rented or borrowed vehicles for extended periods of time, it is recommended that you get yourself a non-owners car insurance.  People who live in congested cities such as New York and Chicago where car insurance is at a premium, parking is limited and expensive, and mobility limited, forego buying a vehicle.  Some inhabitants from these areas would from time to time drive cars especially if their work … (more) November 19, 2009

• Motor Vehicle Insurance 101

  by Ricky Lawrence

  Motor vehicle insurance is a type of insurance designed for cars, trucks, motorcycles and other types of motorized vehicles.  This type of coverage will allow policyholders to apply for claims in case of a traffic accident or mishap that causes damage to the parties involved including damage to property, life, and livelihood. Motor vehicle insurance is mandatory in a lot of U.S. states, and non-compliance of such would entail heavy fines or even prison time.  At the least, US drivers … (more) November 19, 2009

• Why You Need A Full Coverage Car Insurance

  by Ricky Lawrence

  Full coverage car insurance normally refers to collision and comprehensive coverage.  In reality, there is no such thing as full coverage car insurance, but collision and comprehensive coverage comes closest to a strict definition of the former.  This type of insurance policy is optional to car owners, but a number of auto dealerships would insist on buyers to get collision and comprehensive coverage — if it was bought using a loan — until such time that the car has been … (more) November 19, 2009

• Used Car Insurance Providers – Needles in the Haystack

  by Ricky Lawrence

  Lots of people these days buy second-hand cars instead of brand new ones because of the fact that a car decreases in value for up to 30% the moment it leaves a dealership. The moment its tires touch the road, a car becomes used and greatly depreciates. Second-hand vehicles are also just as good, if not better, than brand new cars, in terms of performance and after-sales parts. Owners also consider getting used car insurance policies to secure their property, … (more) November 18, 2009

• Auto Insurance for Seniors – Discount Haven

  by Ricky Lawrence

  Senior citizens have the reputation of responsibility and prudence on the road. As they say, you learn more when driving for a few days on the road than weeks of listening to tips and tricks from a driving instructor. This is why most companies offering auto insurance for seniors charge lesser premiums. Moreover, they are given more privileges and benefits for a continued company-client relationship, especially if it is a good one. People drive their own cars for many reasons. … (more) November 18, 2009

• Learn the Ropes of Modified Car Insurance

  by Ricky Lawrence

  Looking for a modified car insurance policy might cost a lot of money – more than what you should spend – if you have no idea where to get it and what requirements to consider. It is still best to take a moment and research on it before going out venturing into the unknown. Automobile insurers do not normally give coverage policies for cars that have been modified. This is because cars which have been juiced up generally mean that … (more) November 18, 2009

• Auto Collision Insurance – What It Is, and What It Isn’t

  by Ricky Lawrence

  Auto Collision insurance is an indemnity agreement entered into between you, as car owner, and the insurance company as provider, or the one who is liable to pay you a certain amount for the damages sustained. An insurer may opt to pay for the repairs itself, or it may pay the amount directly to you or to any other person entitled to it. In any case, it is meant to cover damages on automobiles by reason of a road accident. … (more) November 18, 2009