Auto Insurance Articles Archive for 2009

  • Why there is a Need for Auto Collision Insurance

    by Ricky Lawrence

    Auto collision insurance is a voluntary coverage, unlike Liability that is mandated by most State laws. It is just an additional coverage that will provide further assurance to a policy owner. Where there is comprehensive insurance and personal injury coverage, most likely, auto collision insurance also exists in one person’s car insurance plan. For the sake of those who are unfamiliar about the four mentioned programs, each one must be defined. Liability will take care of the other party in … (more) November 13, 2009

  • Consider Modified Car Insurance before Customizing Your Car

    by Ricky Lawrence

    For some people, especially men, they dream of car customization even before they get their own car. The minute it becomes a reality, they get excited to change a few things here and there like changing rims, repainting with another color, and adding spoilers. The possibilities are endless. The excitement, however, wavers once modified car insurance enters the picture. Before spending a lot of money in customizing your car, study your options for modified car insurance first. Sometimes, modifying your … (more) November 13, 2009

  • Avoiding Losses with Gap Insurance

    by Ricky Lawrence

    Did you know that the minute a newly purchased car or vehicle rolls out of a seller’s lot, its value already depreciates dramatically? The unit becomes a slightly used car and not a brand new car or automobile anymore. It is only considered brand new while it stays in the showroom and depreciates twenty to thirty percent once its wheels touch the outside world. As if proving Murphy’s Law, you get into a collision where a newly bought vehicle becomes … (more) November 13, 2009

  • Affordable Auto Insurance for Seniors

    by Ricky Lawrence

    Insurance companies consider age in a very major way. Age is the number one factor that affects a person’s premium rate because of risks that are attached to it. For instance, premiums for new drivers aged seventeen or so, they will have to contend with higher rates. This is because insurers deem that this age is a stage when someone is still irresponsible on the road because of newfound freedom. Higher premium is also usually imposed on auto insurance for … (more) November 13, 2009

  • What You Need to Know About Used Car Insurance

    by Ricky Lawrence

    Buying a brand new car or vehicle is no joke. You will have to shell out big bucks, even loan some money to be able to purchase a vehicle that you can use. With this ongoing recession, people are choosing to buy pre-owned cars or vehicles just to be able to save some precious money. While some do not see the need for coverage because of a vehicle’s current state, used car insurance is still a requirement, especially some coverage … (more) November 13, 2009

  • Judging the Best Auto Insurance Rates

    by Ricky Lawrence

    Paying for car insurance premiums is an obligation you have to bear with.  However, it does give you an advantage once you get yourself into an accident.  That is why, despite the pain it gives to your pocket, it is worth having one.  What you should look into is whether you are getting the best deal out of it.  It is necessary to find out if its coverage can guarantee all the services when you need it.  If it does … (more) November 12, 2009

  • How Non-owners Auto Insurance Works

    by Ricky Lawrence

    You must know already that you are required by law to apply for insurance coverage as an automobile owner.  The reason for this is to have protection for yourself as a motorist, for other drivers, and for properties including your car.  What happens if you often drive cars that are not your own?  This can be a problem since accidents do not occur only to insured car owners.  Does this mean that you just have to face the risks instead?  … (more) November 12, 2009

  • Group Auto Insurance: The Strength in Numbers

    by Ricky Lawrence

    Indeed, there is strength in numbers and this applies even in getting discounts in car insurance premiums.  This resides in the fact that the insurance industry is packed with stiff competition.  Since there are many insurance firms operating, the number of automobile owners may not be too big for one to be complacent.  As much as possible a provider company should make sure that it gets the biggest portion of the motoring population.  This is why it will be very … (more) November 12, 2009