Auto Insurance Articles Archive for 2009

• How to Estimate Your Auto Owners Insurance Coverage

  by Ricky Lawrence

  As a rule, the amount of money involved in every insurance contract is different from others. We all know that it depends on the amounts of coverage and premiums paid. However, for auto owners insurance it is usually paid for at the time of registration of the motor vehicle. For this reason, there is usually a pre-determined amount to be paid which results in a common amount of coverage for every owner. This does not mean, however, that you cannot … (more) October 25, 2009

• What You Should Know About the Cheapest Car Insurance Packages

  by Ricky Lawrence

  Getting insurance is mandatory in most places when buying a car. It would set you back a few hundred dollars, but there will always come a time you will need it. There is nothing wrong with availing of this type of security arrangement, except that you should know what you are getting into. Its concept is simple. Dealers with cheapest car insurance offerings usually involve the most risks. No, this is not to drive you to go out and get … (more) October 25, 2009

• Is GAP Insurance Worth the Additional Payment?

  by Ricky Lawrence

  GAP Insurance, or Guaranteed Asset Protection Insurance, is a coverage that a car owner takes out on his vehicle or car for securing the balance of payment still remaining for the purchase of a brand new vehicle. This is meant to secure an owner’s obligation of having to pay a dealer the outstanding balance, in the amount between actual money paid and amount still to be paid. In case of loss, damage, theft or destruction of a car or vehicle, … (more) October 25, 2009

• Why You Should Get Commercial Truck Insurance

  by Ricky Lawrence

  Truck insurance should be the first thing on your mind if you plan in engaging on a commercial trucking business. However, if you already are on this kind of business, get insured. This will not only keep your assets secure, it may just ensure the survival of your business. We do not usually talk about truck insurance since a more popular concept is automobile insurance. The thing is that this kind of insurance is different from your basic car insurance … (more) October 25, 2009

• Covering Losses with Gap Insurance

  by Ricky Lawrence

  If you already know that your new loaned car immediately depreciates as soon as it rolls out of the seller’s lot, then you will certainly be weaving through traffic with extreme caution.  The specter of accident can surely haunt you and the idea that your car is twenty to thirty percent less than its buying price is indeed frightening.  What if, in spite of your being very careful, you still have a mishap due to someone else’s recklessness? What if … (more) October 24, 2009

• Auto Insurance for Seniors and its Perks

  by Ricky Lawrence

  Just like the other privileges that senior members of any society deserve, insurance companies have made sure of providing them perks they can enjoy as drivers.  Not only because they have spent more years and must have contributed much to society, but because they actually stay in the safe side always, especially when dealing with a busy highway often filled with speeding buffs of the younger ages. In fact, they are considered as less prone to accident than women are, … (more) October 24, 2009

• Pointers for Newbies on Modified Car Insurance

  by Ricky Lawrence

  Driving along a busy freeway is, by itself, already a stunt.  Even if you have a good driving history, you still have chances of getting into accidents on the road.  For being such a safe driver, it may not be your fault.  However, if ever you get into a collision, you still have your share of the damages.  The problem may not be too big if you have an ordinary car. If you happen to have a car that is … (more) October 24, 2009

• Is Auto Collision Insurance a Necessity?

  by Ricky Lawrence

  Your probable first impression of auto collision insurance is that it is just another burden on your budget.  With a car insurance coverage already, you may think that it is no longer necessary.  After all, it is not obligatory and you certainly would not spend another dollar for something that is not required.  However, take a couple of minutes to think again.  Otherwise, when a collision does happen, you may just regret not having the protection you would need, realizing … (more) October 24, 2009