Auto Insurance Articles Archive for 2009

• Modifying Perceptions About Modified Car Insurance

  by Ricky Lawrence

  There are a variety of reasons people opt to make changes on their cars. Majority do so because they want to either personalize their vehicles or they simply want to make them appear better. In general, however, vehicle alteration can be quite expensive, and this is why very few people take up this costly hobby. In addition, having an altered car often means getting a modified car insurance which is equally, if not more, expensive. What actually makes modified car … (more) December 12, 2009

• Considerations When Getting Auto Insurance For Seniors

  by Ricky Lawrence

  Even if you are now retired, there are still places that you need to go to. So if you have relocation plans upon retirement, this should include considerations in getting auto insurance for seniors. This is because the decision to take your car to a far-off place can affect your insurance premium. For example, in rural areas, this insurance type will often have a high rate of approval if you apply for one since there are fewer incidences of car … (more) December 12, 2009

• Getting The Most Out Of Auto Collision Insurance

  by Ricky Lawrence

  One can never really tell when car accidents will take place. Even when practicing defensive driving and following traffic rules religiously, there will always be times when accidents simply cannot be avoided. Given this possibility, getting an auto collision insurance coverage practically becomes imperative. Auto collision insurance provides payment coverage for vehicles damaged in accidents. It covers car repair and replacement of car parts. Other than your vehicle, auto collision insurance coverage also extends to you, the car driver, provided … (more) December 12, 2009

• Used Car Insurance Does Not Mean Second-Hand Coverage

  by Ricky Lawrence

  With the prices of basic commodities continuously rising, people these days find that purchasing brand-new cars can be too costly for comfort. An alternative that has become acceptable is to simply buy used cars. Alongside this is the option to settle for used car insurance, since US laws require that all drivers be covered by this most basic of all insurance types. Non-coverage will involve payment of all applicable fines, which should prove to be rather unwise, economically speaking. A … (more) December 12, 2009

• Some Truck Insurance Shopping Tips

  by Ricky Lawrence

  When buying truck insurance, consider the company that you are purchasing it from because not all providers are the same. There are actually companies which especially sell this kind of coverage and as a wise decision you would want to do business with them instead of a regular auto insurer. There are specific details to trucks that your personal car insurance provider might overlook. For instance, owner-operators might need to upgrade coverage on a short-term or single-trip basis. Only those … (more) December 11, 2009

• How Your Credit History Affects Your Auto Owners Insurance Rate

  by Ricky Lawrence

  When buying auto owners insurance, be aware that insurance providers will base premiums on your credit history, among other things. Companies use this information because it has been noted that a consumer’s credit rating is directly correlated to claims that will probably occur. A person maintaining a good score is financially stable and is deemed responsible, even while driving. Therefore, severe losses on the part of the insurer are less likely. The Federal Fair Credit Reporting Act permits auto owners … (more) December 11, 2009

• Cheapest Car Insurance for Professionals

  by Ricky Lawrence

  Many are not aware that the cheapest car insurance is usually offered to professionals. Studies have shown that licensed workers such as doctors, teachers, nurses and lawyers pose a lower risk while behind the wheel and on the road. They are therefore eligible for discounts. However, not all insurance companies offer the reduction, so it is always best to choose an insurer which considers this eligibility. You see, driving is not an easy task. It requires that a driver be … (more) December 11, 2009

• What Is Gap Insurance

  by Ricky Lawrence

  Guaranteed auto protection or gap insurance is coverage for the difference between the actual loan amount and depreciated value or current worth of a vehicle which is the honored assessment by insurance companies. You will likely need this coverage in the following circumstances: •    You buy a car and your down payment was not substantial, lacking at least 20% to as much as 50%; •    Your car is financed for more than four years; •    You are leasing an auto; … (more) December 11, 2009