Most Recent Auto Insurance Guide in Auto Insurance Basics

  • Five Things to Keep in Mind While Buying Auto Insurance

    by Hayden Krueger

    If you are new at buying auto insurance then chances are that you are overwhelmed by the options available for insurance. The good news is that buying vehicle insurance doesn’t have to be confusing and there are many guides to help you buy insurance. The following paragraphs will elaborate on 5 things you should keep in mind while buying auto insurance.

    State Laws and Limits 

    Each state has its own auto insurance laws and limits. While buying vehicle insurance you should be aware of these state laws and limits but you should also be aware of the ideal limits per liability. Bodily injury liability is one of the most important covers hence it is mandatory in almost all the states of USA. The minimum limit for this liability will vary but the ideal limit is $50,000 per person injured and $100,000 for all the people who were in this accident. … Click here to read more

  • Choosing the Right Auto Insurance Company

    by Hayden Krueger

    Different auto insurance companies offer various schemes and promotions to their customers and while buying vehicle insurance it is important to select the right auto insurance companies. There are various ways to choose the right auto insurance company and the following paragraphs will elaborate on some of the best ways to select a good vehicle insurance company. 

    Read Your Policy 

    Before agreeing to opt for a chosen auto insurance company you should read your policy and make sure that all the terms you have agreed to are mentioned in the policy. You should also ensure that there are no hidden charges that will add up to the premium you are paying. While reading the policy you should look for any additional features that may be useful to you. 

    An optional feature that is offered with all most all policies is the replacement car feature. This feature ensures that you get … Click here to read more

  • Choosing the Right Auto Insurance Company

    by Hayden Krueger

    Different auto insurance companies offer various schemes and promotions to their customers and while buying vehicle insurance it is important to select the right auto insurance companies. There are various ways to choose the right auto insurance company and the following paragraphs will elaborate on some of the best ways to select a good vehicle insurance company. 

    Read Your Policy 

    Before agreeing to opt for a chosen auto insurance company you should read your policy and make sure that all the terms you have agreed to are mentioned in the policy. You should also ensure that there are no hidden charges that will add up to the premium you are paying. While reading the policy you should look for any additional features that may be useful to you. 

    An optional feature that is offered with all most all policies is the replacement car feature. This feature ensures that you get … Click here to read more

  • Things Women Drivers Should Known About Auto Insurance

    by Hayden Krueger

    Male drivers often scorn women drivers since they feel that women drivers are not as good at driving as males but auto insurance companies believe otherwise. This article will elaborate on a few things women drivers should be aware of when they purchase auto insurance since knowing these things can help them get better vehicle insurance quotes. 

    Safer Drivers 

    Vehicle insurance companies consider women as better drivers than men since women get into fewer accidents and they commit fewer violations. Women drivers are considered as safer drivers mainly because they wear their seatbelt at all times and they don’t speed on the road. Auto insurance companies also believe that women drivers also do not drink after driving.  Due to all these reasons women drivers are offered lower premiums than male drivers. Other factors such as your driving record and your age will decide the total amount of premium you pay … Click here to read more

  • The significance of buying auto insurance

    by Hayden Krueger

    Most people love their motor vehicles, and spend good money on them. Like every investment, your motor vehicle needs to be protected from possible theft, or damage. This is where auto insurance companies come in.

    Auto insurance can cover loss due to theft, accidental damage, fire, and even covers medical bills and lost wages. The terms and cover provided to you as security is agreed upon when you take out your insurance policy.

    Upon the unfortunate occurrence of an accident, if you are at fault, and you don’t have insurance, you are liable to pay for not only the damages to your self and vehicle, but also the third party and his vehicle! The third party can, and most cases will sue you not only for damages to his or her vehicle, but also for medical expenses, lost wages, pain and suffering. All this can leave you with a hefty … Click here to read more

  • How to protect yourself from Auto Insurance Fraud

    by Hayden Krueger

    It is absolutely necessary that all drivers be informed, lest they be part of a fraudulent car insurance accident scam. Fraudulent car insurance scams operate everywhere, either as sophisticated crime rings, or in the form of individuals. Whatever the case may be, it is a dangerous affair, and one must be fully aware of the seriousness of the situation at hand. 

    Scam artists employ a variety of methods- a vehicle stopping in front of yours, deliberately, so that your car slams into the rear-end of the car in front of you, is just one of the tricks they can play.

    Keeping yourself abreast could help you avoid being embroiled in a fraudulent car insurance accident claim, and may also save you your life. Do not be surprised if a person who is generally regarded as trustworthy, such as a lawyer, or doctor is involved in the scam. 

    Read on to … Click here to read more

  • Five Things Every Car Owner Should Know Before Filing an Auto Insurance Claim

    by Hayden Krueger

    Filing a vehicle accident claim can be confusing for most people since they are not aware of the insurance company’s claim requirements. Before filing an auto insurance claim the car owner should know a few things so that his claim is accepted. The following paragraphs will elaborate on 10 such things that will help your file a successful auto insurance claim. 

    Whose Car Did I Hit? 

    In order to file a successful auto insurance claim you should known whose car you hit and you should get information like his name, address and insurance information. You should also get information like their date of birth, driving license number, phone number and agent name if applicable. You should make it a point to find out if the police were called. If the police wasn’t called then you should call the police since a police report is required by most insurance companies to … Click here to read more

  • Auto Insurance – A synopsis

    by Hayden Krueger

    Insurance is one of the most popular means of risk management, second to only securing your assets in a way that someone else can’t misuse them. Every asset is prone to loss, be it your life, your home, or your car. Consumers pay Insurance companies a premium in exchange for cover for their assets.

    The premium is based on various deciding factors, such as the value of the asset, the risk involved, among others. Upon damage or loss of an asset, the owner of the asset, or people nominated by them go to the insurer and make a claim, upon verification of the claim, the insurer then makes the payout of the sum assured, i.e. the amount the asset was insured for.

    The same holds true for motor vehicles, consumers take out insurance policies from Auto insurance companies to protect themselves from possible auto theft, or an accident. There are … Click here to read more

  • Four Questions Buyers Should Ask Auto Insurance Companies

    by Hayden Krueger

    Buying auto insurance is a mandatory step which all car owners must take to protect their own interests. Most car owners do not know a lot about vehicle insurance while they register for insurance and as a result of lack of knowledge car owners often lose out on benefits. This article will elaborate on four questions that car owners should ask their auto insurance company before they sign the agreement. 

    If My Car is Totaled How Much Will I Get? 

    Most car owners are under the impression that their insurance company will pay them the market value of their car if it is totaled but the true answer shocks most people. Auto insurance companies have their own formula to calculate the worth of your car and the amount they will give you is most likely not even close to the amount you are imagining. Before signing up with any vehicle … Click here to read more

  • Five Important Auto Insurance Tips

    by Hayden Krueger

    There are many factors that affect the amount of auto insurance you pay and while some of these factors are uncontrollable some of them can be controlled by you. The following paragraphs will elaborate on five important auto insurance tips that can help every vehicle owner. 

    Opt for Liabilities 

    Liabilities are mandatory in certain states since this auto insurance covers are very helpful. If liabilities are not mandatory in your state then you should not dismiss them since they are important none the less. Some of the important liabilities that every car owner should have include bodily injury liability, property damage liability and the underinsured motorist liability. 

    The first liability that is bodily injury liability protects your interests when a third party is injured while you are in an accident. This cover pays for medical help for the third party, lost wages for the third party and legal help for … Click here to read more

  • Eight Secrets Your Auto Insurance Company Won’t Tell You

    by Hayden Krueger

    Auto insurance companies don’t tell their customers a lot of things and most of these secrets are important. By knowing these secrets a customer can not only protect his own interest but he can also save money on premium. This article will elaborate on 8 such secrets that every car owner should know about. 

    The Car Model Affects the Amount of Premium You Pay 

    Your car model directly affects the amount you pay to auto insurance companies. The VPN number of your car is used by the insurance company to decide how much premium you should pay but as a general rule if you have paid a lot of money for your car then you will pay a lot of money for your vehicle insurance. 

    Paying in Installments Will Cost You More 

    Auto insurance installments are definitely an easy way to pay the premium but a high number of installments … Click here to read more

  • Tips to Help You Prevent Auto Insurance Scams

    by Hayden Krueger

    People who become victim to scams often make avoidable mistakes. A person can prevent falling for auto insurance scams by reading up information on how these scams work and ways to prevent these scams. The following paragraphs will elaborate on some common vehicle insurance scams and a few ways you can avoid them. 

    Illegitimate Websites Selling Auto Insurance 

    The internet is definitely a handy tool that can help you save time while searching for vehicle insurance but the internet also has many illegitimate or fake websites that are made to scam people. The most common type of auto insurance scam is fake companies offering to insure people’s cars through the internet. 

    The best way to ensure that you do not become a victim of auto insurance scams is to buy insurance online only through reputed websites. If you get an email from an unknown person and the email suggests that … Click here to read more

  • The Beginner’s Guide to Auto Insurance

    by Hayden Krueger

    Choosing the right auto insurance for the first time can be a confusing process especially since most beginners do not know what coverage they should opt for. By researching and reading up about auto insurance you can reduce the frustration involved in buying new car insurance. The following paragraphs will attempt to simply the process of buying car insurance. 

    Cost of Auto Insurance 

    There are various factors that will influence the amount you pay to vehicle insurance companies but some of the important factors include your driving record, your age, your car’s value and your car’s condition. Your driving record will help the insurance company understand if you are a safe driver or not and your age will help the insurance company understand if you are more likely to get into an accident or not. As a general rule car owners that buy expensive cars are asked to pay a … Click here to read more

  • 5 Things you Avoid While Buying Auto Insurance

    by Hayden Krueger

    People who buy car insurance for the first time often get overwhelmed by the options they have and they make avoidable mistakes. While buying auto insurance there are a few things a person must not do since these things can cause him financial loss. This article will elaborate on 5 basic things not to do while you buy or renew auto insurance. 

    Do Not Buy the First Quote Offered 

    Although it may be tempting to opt for the first auto insurance company that gives you a quote you should not do this. Comparing quotes is the best way to ensure that you get value for your money since by comparing quotes you become aware of the various companies that offer good policies for a reasonable price. By opting for the first quote you do not explore the chances of getting a lesser or a better quote. 

    Do not Opt for Click here to read more

  • Choosing the Right Auto Insurance Company To Cover You Financial Liabilities

    by Hayden Krueger

    Auto insurance is the law in all the states of the United States of America. And apart from it being the law, it is also common sense to own auto insurance coverage so you will be not be financially burdened in case of any accident.

    Over the past few months, insurance rates have been going up continuously. This is partly due to the fact that there has been a revival from the recession. People are slowly starting to spend more and save less, just like during the pre recession times. And with increased spending, it is obvious that there is going to be an increase in car sales. With an increase in car sales, the demand for insurance automatically goes up and hence the rates will also go up along with it.

    The first step is to choose your insurance company. Look over the internet and shop around for the … Click here to read more

  • Basics about non owners auto insurance

    by Hayden Krueger

    Non owner’s auto insurance is something that has been around for quite sometime now. It started out as rental insurance but later branched out as a separate entity.

    What is non owner’s auto insurance?

    Non owner’s auto insurance is necessary for people who drive a car that is not owned by them. This may or may not mean that he or she does not own a car. But this is not the point in question. The fact is that the person is driving a car and may get into an accident.

    Now normally any car will have insurance which will cover for accidents no matter who is at the wheel. But there are some insurance policies which will cover for damages only in cases where the person at the wheel is the owner of the vehicle. That is the insurance policy is attached both to the car and the policy … Click here to read more

  • All about Auto Insurance for Women

    by Hayden Krueger

    Women have generally enjoyed lesser auto insurance rates when compared to men in this country. And it will always be so.

    Why do women get to pay lesser premiums?

    Though many people consider women to be bad drivers, that is not the case. There might be a lot of jokes about the lack of driving skills among women but the statistics speak otherwise. The department of motor vehicles has historically recorded more percentage of accidents due to the fault of male drivers. And hence the insurance companies consider women drivers to be safer and more responsible.

    Now that you know this fact, you must also know that they will give you a lot better deal than a man. Being a woman gives you a huge benefit when looking for a policy. Make sure you use this to your benefit.

    When you go shopping for an auto insurance policy, try finding … Click here to read more

  • High risk auto insurance policies

    by Hayden Krueger

    Auto insurance rates are never going to be the same for any two individuals. Each driver is unique and it is going to be obviously different for each one. And unfortunately for some, they end up being categorized as high risk individuals.

    Who are high risk individuals?

    There are a number of classes of people who fall under the high risk category. We shall discuss each category in detail and then end the discussion with suggestions as to how to prevent oneself from being branded as high risk.

    Young drivers

    Teenage drivers or drivers who are below the age of 25 will automatically be branded as high risk individuals. There are a number of reasons for this and the most important one is that the highest percentage of accidents is caused by teens in America.

    It is also assumed that the lack of practice and experience can reduce the ability … Click here to read more

  • All you need to know about Auto insurance fraud

    by Hayden Krueger

    In the current economic situation, it is becoming more common to sight cases of auto insurance fraud. Every day there are new reports of cases of fraud and the perpetrators are devising new methods to prevent being caught and to collect on their insurance.

    The most common method would be staged rear ending of cars. A car which is speeding on the highway will suddenly apply its brakes and cause the car from behind to slam into it. And for all practical reasons it looks like you were the person at fault because you were the one who could see the car ahead of you. This is one of the reasons why you are always advised by the police to maintain at least a two car distance with the vehicle ahead of you.

    Even when you have adapted your cruise control system, try not to lose your concentration. Make sure … Click here to read more

  • Working out a good deal on your auto insurance

    by Hayden Krueger

    Getting a good deal from your auto insurance agent is all about patience and perseverance. And before you take the dive into finding a good deal, it is important that you do your homework about the subject.

    There are a number of books which can guide you to take the right steps. And more than books, nowadays with the advent of the internet there are a lot of websites that offer good quotes for your auto insurance policy.

    The first thing to do is to go online and look for a free quote. Look in third party websites that offer a number of insurance quotes under one roof. This way you can do a comparative analysis. And also remember to cross verify the claims of the third party website with the original website of the insurance company.

    Once you have shortlisted a few companies after looking at their quotes, the … Click here to read more