Auto Insurance Articles Archive for 2010

  • Things I need to know about gap insurance

    by Jasper Ericks

    “GAP” in GAP insurance stands for Guaranteed Auto Protection. This is usually taken by people who have car loan balances that are more than what their car is currently worth. Cars are one of the things that depreciate easily. A brand new car that costs $30,000 can be as low as $20,000 at face value in a matter of months. Gap insurance is used when the car is stolen or it is totally damaged. So how does it work? If … (more) October 17, 2010

  • When Should I Get GAP Insurance For My Car?

    by Jasper Ericks

    In our economy that is based on credit, we do not usually pay cash for the things that we need. Instead, we get loans and credit cards to pay for them for convenience because we do not have the funds to pay for them upfront. A very good example would be getting a house or a car. These things are a necessity for us so we try our best to get them. Mortgages and car loans are made available for … (more) October 16, 2010

  • Considerations for New Car Insurance

    by Jasper Ericks

    If you have an experience of insuring an old and used car, you might have an idea on how auto insurances work. Insuring a new car is quite different from that of insuring a used car because the need for each car differs. There are certain requirements that auto insurance companies have for their consumers. People who will purchase insurance for a new car will likely be given higher auto insurance rates than those with a used car. Also, … (more) October 16, 2010

  • Types of Auto Insurance for Your New Car

    by Jasper Ericks

    Several states acknowledge that road accidents are common and sometimes unavoidable. This is the reason why most states demand that all car owners should insure their cars in any way regardless of the coverage included. However, even without state imposition, auto insurance polices are important to protect yourself of future accidents. Auto insurance will allow you to spend some of your money. But this investment is worthwhile especially if you see yourself purchasing a car. Driving your own new … (more) October 15, 2010

  • Minimizing Costs of Modified Car Insurance

    by Jasper Ericks

    Less expensive and cheap auto insurances are hard to find especially if your car is modified. Most auto insurance companies do not like the idea of modifying one’s car. If modified, auto insurance companies will unlikely give you a low insurance rate because of the possible risks and harms compared to your own original car. Changes like beautifying your car and adding extra alloy in your wheels can attract thieves in stealing your car. These simple modifications and alterations can … (more) October 15, 2010

  • Auto Insurance Implications for Modified Cars

    by Jasper Ericks

    Car owners often modify their cars for the purpose of increasing the over-all auto performance. They also alter their cars to change the style or design. They develop their cars and improve the conventional specifications because they want only the best of what they have. The effort they invest to make their cars different is both challenging and rewarding. It can be that the satisfaction car owners get when they “reinvent” their cars is worthwhile after all. Modifying one’s car … (more) October 14, 2010

  • What You Need To Assess when Looking for Motor Vehicle Insurance

    by Jasper Ericks

    Motor vehicle insurance is basically about an existing contract between an insurance provider and a car owner or driver. The contract contains payment terms and conditions between the two parties—the insurer and the buyer. The terms and conditions of the payment include how much the insurer covers and how much is handled by the buyer as personal costs. The costs referred to are those made after car accidents resulting to damages to property, bodily injury, etc… With motor vehicle insurance, … (more) October 14, 2010

  • Searching Online for Motor Vehicle Insurances

    by Jasper Ericks

    Motor vehicle insurance provides you future protection against unwanted scenes and accidents. It is important that car owners invest in these insurances to avoid several implications like spending more in repairing your motorcycle or car during accidents. Insurances are needed when you do not want to spend a lot of your money just to recover from minor vehicle accidents. Companies that offer motor vehicle insurance can be found anywhere. But the best place where you can get them is online. … (more) October 13, 2010