Auto Insurance Articles Archive for July, 2011

  • High risk auto insurance and when you would need it

    by Jasper Ericks

    It doesn’t take many offences to be labelled as a high risk driver. High risk driving could lead to accidents, vehicle damages and sometimes loss of life as well. An added repercussion is the fact that such high risk drivers find it very hard to get auto insurance of any kind. This is because auto insurance providers are concerned about coverage that they have to provide to such high risk drivers, who are more likely to be involved in an … (more) July 13, 2011

  • Group auto insurance and how it makes things simpler

    by Jasper Ericks

    A lot of people drive their cars on the roads with the bare minimum liability insurance that is mandated by law. However, there are a lot of other insurance policies which offer many more benefits compared to the cost you will incur. One must note that there is a wide array of discounts available if one wants to research further into auto insurance rates. Some of these discounts could work things out in your favour, by reducing the cost for … (more) July 11, 2011

  • Gap insurance and the way it works

    by Jasper Ericks

    GAP insurance as the term suggests provides for the GAP between what you have and what you need. In simpler terms, GAP insurance comes into the picture when you have taken an auto loan to purchase a car. In the first few years, your car is still brand new and a major chunk of the loan still remains unpaid. However, in such a scenario, if your car is totalled or lost, its net worth comes down drastically. So whatever is … (more) July 9, 2011

  • Factors that are used to calculate motor vehicle insurance

    by Jasper Ericks

    There are a lot of online sites which help interested individuals with auto insurance quotes, given their driving record information, the car they own and other details. These auto insurance quotes are extremely helpful because it isn’t easy to arrive at an objective figure when you try to estimate what your auto insurance should cost. However, it is definitely within the powers of an individual to understand more about the factors that usually affect the premium for auto insurance. Insurance … (more) July 7, 2011

  • All you need to know about modified car insurance

    by Jasper Ericks

    Some people are more passionate about driving and their cars, than others. Such people make numerous changes to their cars based on their own preferences. They could change the look and feel of the car or alter parts just to make it more powerful. Modified cars at one time represented a very difficult prospect as far as getting auto insurance was concerned. This was because after the changes they became an unknown entity and hence far riskier compared to what … (more) July 5, 2011

  • Understanding the various components in gap insurance

    by Jasper Ericks

    GAP insurance is a policy that covers the gap between the worth of the car and the amount you would owe on the car if it meets with an accident or in case it is stolen. This type of insurance cover is offered by most of the insurance companies to customers to prevent unforeseen losses. Vehicle owners who are unable to pay a huge sum as down payment at the time of purchase are recommended to opt for GAP insurance. … (more) July 3, 2011

  • Smart ways to minimize student car insurance

    by Jasper Ericks

    Young drivers are always on the receiving end simply because this population is most susceptible to get involved in accidents. The youthful attitude is seen as the main culprit by many car insurance companies. If you are a student wanting to minimize the car insurance rates, here are some points you must remember. You will be considered as one among the playful lot till you let people know you can shoulder responsibility. As a student, your responsibility is obviously associated … (more) July 1, 2011