Most Recent Auto Insurance Guide in Auto Insurance Basics

• Auto Insurance Rates Vary In Alaska

  by Hayden Krueger

  Auto insurance is an important aspect of owning a vehicle in Alaska. Any person having an automobile has to invest a certain amount in purchasing this financial liability. While there are certain requirements which are mandatory as per the law governing the state, an individual can also opt for higher benefits if they are feasible and within the set budget of the person.

  There are many factors that affect the auto insurance rates in Alaska. Understanding the factors that have a strong bearing on the insurance rates will help you be prepared for what you will have to shell out when you go out to buy the insurance policy. You will also be able to know where you can make adjustments in order to pay lower insurance rates.

  Gender

  The gender of the person opting for the auto insurance coverage plays a significant role in determining the rate of the … Click here to read more

• 5 Tips to Ease the Process While Buying Alabama Auto Insurance

  by Hayden Krueger

  A financial liability is a must as per law in every state of the United States when you own an automobile. While some states have made it mandatory to have an auto insurance coverage, there are other states that allow you to opt for any financial certification or bond which is of the value of the minimum amount specified legally in that particular state.

  If you opt to go in for the auto insurance coverage, then, there are a few factors that you will need to take into consideration while buying the policy. First of all, the basic aspects of auto insurance are similar across the United States; however, the types of policies and the amount for each liability vary from one state to another. The level of coverage you decide to go in for and the deductible amounts also play a crucial role in determining the premium amount for … Click here to read more

• New Hampshire Auto Insurance Basics

  by Hayden Krueger

  Auto insurance is a service provided by various insurance companies that protects your financial security in case of your involvement in an accident. Auto insurance is not made mandatory by the federal government. However, most states, barring a few, have made minimum auto insurance the law. The only states that have not made auto insurance mandatory are Wisconsin and New Hampshire. These states have financial responsibility laws. Financial responsibility laws are different from mandatory insurance requirements.

  An insurance policy is not needed if you want to be driving on New Hampshire roads. However, you must be able to show that you have sufficient funds to pay for damages. In the case of not being able to show proof of sufficient funds, a person is required to have an auto insurance policy. Even though it is not required by law, having auto insurance is advised.

  Auto insurance is comprised of six … Click here to read more

• Hawaii Auto Insurance Basics

  by Hayden Krueger

  Car is inevitable for the fast modern life. Since the place of work and residence are quite a distance away, commuting by car is the easiest proposition, even though car pooling and traveling by public transport might sometimes be possible. While driving a car in crowded city traffic, chances of accidents always exist. Even in Hawaii, the possibilities of auto accidents are substantial. Auto insurance becomes inevitable to protect yourself from heavy financial requirements under such circumstances. As such, it is imperative that you know the auto insurance basics to get yourself adequate auto insurance coverage. 

  The auto insurance format varies slightly from one insurance company to another in Hawaii but the basics are about the same. They are presented here briefly. 

  Declarations Provided by You When You Apply for Auto Insurance 

  If you wish to purchase auto insurance, you should first submit complete details about you, your family members, … Click here to read more

• Iowa Auto Insurance Basics

  by Hayden Krueger

  The auto insurance laws in Iowa are quite different from the laws in other states in US. Even though the statutory bodily injury liability coverage and property damage coverage policies are required by law, the auto insurance laws of Iowa are not compulsory. However, when you are involved in an auto accident in Iowa, you should produce proof of financial ability to meet the claim that could arise out of the accident. If you fail to do so, your driving license could be suspended. In Iowa, the financial responsibility could be proved in the following methods. 

  • You could produce the bodily injury liability coverage and the property damage coverage to prove that you are adequately covered at the time of the auto accident.
  • You could send cash, certified check, cashier’s check, bank draft, or postal money order. These payments should be payable to the Office of Driver Services in Iowa.

  … Click here to read more

• Montana Auto Insurance Basics

  by Hayden Krueger

  Auto insurance is mandatory in most states owing to the increasing number of accidents on the roads. The mandatory auto insurance will ensure that the guilty party in an accident will be able to bear the financial responsibility for the damages caused by them. There are minimum requirements set in most states for the auto insurance that every driver on the roads of Montana has to carry. Not possessing the minimum liability insurance to be carried by law, will incur severe penalties. Staying aware of the law will also help those looking for auto insurance, to take a proper decision on the coverage they will need.

  The minimum liability in the state of Montana is twenty five thousand dollars for bodily injury per person and fifty thousand dollars for bodily injury in total per accident. The fifty thousand dollars will cover two people. Property damage coverage worth ten thousand dollars … Click here to read more

• Mississippi Auto Insurance Basics

  by Hayden Krueger

  Mississippi is a state found in the southern part of the United States of America. The name of the state is derived from the name of the Mississippi river that runs through the state. The capital of Mississippi is Jackson. Jackson is also the largest city is Mississippi. This state has many catfish farms and most of the catfish eaten across the United States come from these farms. It is ranked the thirty second state in terms of area and thirty first in terms of population. Most of the state except for the Mississippi delta is very heavily forested.

  The state of Mississippi has enforced mandatory auto insurance rules. Every rule is written to ensure the safety of the driver and motorist on the road. These rules, therefore, have to be followed at any cost. The mandatory auto insurance rule is to ensure that any driver, in the state of … Click here to read more

• Kansas Auto Insurance Basics

  by Hayden Krueger

  In Kansas State, the insurance industry is regulated by the Kansas Insurance Commissioner. The current Insurance Commissioner is Sandy Praeger. She is maintaining a website, http://www.ksinsurance.org/consumers/autoinfo.htm, to help the drivers in the state about all insurance related matters. Certain auto insurance basics related to that state are presented here for your knowledge.

  When you apply for auto insurance, the insurance company takes two factors into account. They are underwriting and rating. When the insurance company considers your auto insurance application, it would consider several factors related to you and your driving habits. The insurance company could either accept or reject your application. If the company approves your requests for insurance coverage, it would offer you a premium quote. The quote would be based on your driving history, the geographic area that you live and drive around, the make and model of your car, the average distance that you would drive … Click here to read more

• Michigan Auto Insurance Basics

  by Hayden Krueger

  There are a large number of motor vehicles on the roads today. Consequently, the number of accidents is increasing as well. If a person has been involved in an accident, the costs of covering damages caused during the accident will be very high. Hence, auto insurance has been made mandatory to ensure that each car in an accident will have an insurance company to pay for the damages.

  The person paying for the damages can either be the owner of the car or the person deemed responsible for the accident. The system of rules followed by the state will decide who pays for the damages. In a tort system, the person responsible for the accident will pay for the damages. In a no fault system, the damages will be paid for by the insurance company irrespective of the fault.

  The state of Michigan follows the no fault system of rules. … Click here to read more

• Maryland Auto Insurance Basics

  by Hayden Krueger

  Every state must have a code written to ensure the safety of its motorists. Each of these rules has to be followed at all costs. Any violation will be severely penalised. Any driver violating these will be putting his life along with many others’s lives in danger.  One of the most important rules for the motorists today is the mandatory auto insurance rule. Auto insurance has been mandatory in most of the states in America. This is to ensure that each driver on the road is capable of paying of paying for the damages he might have caused if he is involved in an accident. 

  Every state must fix the minimum amount of insurance coverage a person must have. This is known as the minimum liability and it varies from state to state. In the state of Maryland the minimum liability is fixed at 20/40/15. This stands for a minimum … Click here to read more

• Maine Auto Insurance Basics

  by Hayden Krueger

  The state of Maine is the easternmost state in the United States of America. It is also the northernmost state of the New England region. Maine is very famous for its rocky coastline, thick forest cover in the interior and the low-lying hills. Maine is also very famous for its excellent seafood cuisine. The lobsters and clams are especially known all over the world. The capital city of Maine is Augusta and the biggest city in the state of Maine is Portland. It is the thirty ninth largest state and is ranked fortieth population wise.

  Many states in the United States of America have made auto insurance mandatory. This is to ensure that every driver has enough finances or insurance protection to pay for damages that might be caused in case he is involved in an accident. The state of Maine follows the Tort system, like many other states in … Click here to read more

• Louisiana Auto Insurance Basics

  by Hayden Krueger

  Louisiana is one of the southernmost states of the United States. It is the thirty first largest state by area. It is the twenty fifth largest state by population. The interesting fact about Louisiana is that the state is not divided into counties like the other states. Louisiana is divided into parishes, similar to counties.

  The parish with the largest population is Jefferson and the largest parish by area is Cameron Parish. The common languages spoken here are French and English. For long, this state was a French and Spanish Colony. Every state in the United States of America writes its own code of the law. Each of these laws is meant to safeguard and protect the citizens of the state. They must not be broken or violated at any time. Anybody if found violating the laws will be penalised according to the severity of their offense.

  Laws for motor … Click here to read more

• New Mexico Auto Insurance Basics

  by Hayden Krueger

  New Mexico is the fifth largest state in the United States. It is in the south western region of the United States. It is also the state with the thirty sixth largest population in the United States. Every state has its own set of rules and regulations written to govern its motorists. It is the job of the government to draw up rules ensuring the safety or the people on the motorway. New Mexico has a set of rules and regulations. If one wishes to driver on its roads, they must be familiar with each of these laws.

  The state of New Mexico follows the tort system of rules. According to tort system, in the even of an accident, a person has to be found responsible for the accident. This person is responsible for the damages caused during the accident and he and his insurance company has to pay for … Click here to read more

• South Dakota Auto Insurance Basics

  by Hayden Krueger

  South Dakota is the seventeenth largest state in the United States of America. It was named after the Lakota and Dakota Sioux American Indian tribes that used to rule the region. It joined the Union on November second, 1889. The capital city is Pierre while the largest city is Sioux Falls. There are eight hundred and four thousand one hundred and ninety four people in this state. It is ranked the forty sixth most populous state in the Untied States.

  Every state writes its own set of rules and regulations. These have to be followed at any cost and must not be violated or broken. Every rule is written to ensure the safety and well being of the citizens. There are many rules written ensuring the safety of the motorists or drivers on the roads. One such rule concerns the auto insurance policy of the state of South Dakota. Like … Click here to read more

• Rhode Island Auto Insurance Basics

  by Hayden Krueger

  Every state in the United States of America makes its own set of rules and regulations. Each of these regulations is aimed at keeping the citizens of the country and the state safe and secure. There are a number of rules and regulations to keep the motorist on the road very safe. Most of the states in America have made insurance compulsory. Insurance is proof that a motorist or a driver has enough finances to take the responsibility of an accident if he is in one.

  Rhode Island is one such state with compulsory insurance. Insurance in this state is of the form of 25/50/25. The minimum liability fixed for motorists in the Rhode Island is twenty five thousand dollars for bodily injury per accident per person. The total for bodily injury per accident is fifty thousand dollars. There should be a minimum of twenty five thousand dollars for any … Click here to read more

• Oregon Auto Insurance Basics

  by Hayden Krueger

  The auto insurance is something that is mandatory in all states in the United States, regardless of where you might be driving. It is no different in Oregon, where you are supposed to have liability coverage as dictated by the law. Hence, a motorist should only operate a motor vehicle is he is confirming to the liability coverage as dictate by the state of Oregon. The liability is not very different, with only the figures differing from other states. Although the minimum figures are specified, you are allowed to have liability that is in excess of what has been dictated by the state.

  The state says that motor insurance is needed for all forms of vehicles that have been registered with the state, with the exception of some like farm tractors, antique automobiles, motor assisted scooters and snowmobiles. Suppose you don’t use your vehicle, then you too can avoid getting … Click here to read more

• Oklahoma Auto Insurance Basics

  by Hayden Krueger

  Auto insurance is something that every person who owns a car and uses it on the roads should mandatorily have. It is illegal to operate your vehicle without a good insurance coverage. In addition to being illegal, you are even risking the lives of other motorists in case you do meet with accidents. Since you not having coverage will be a problem when you cause an accident with the other vehicle, it is necessary that the other party has a comprehensive coverage that covers their car even in case of accidents that are caused by others.

  Auto insurance in Oklahoma is not very different from the ones in the rest of the country. Here, auto insurance is provided for drivers with a permit from the age of 16 and above. As with other locations, auto insurance for teenagers is pretty expensive and not always recommended. Since you may not be … Click here to read more

• Ohio Auto Insurance Basics

  by Hayden Krueger

  Auto Insurance is made mandatory in almost all the states in the United States. The only exceptions are the states of New Hampshire and Wisconsin. Even in these states, financials responsibility is to be shown. Auto insurance is a safety measure. It is to ensure financial responsibility if a driver is in an accident. In case of an accident, the law has to find a person responsible and this person and his insurance company has to pay for the damages caused in the accident. Therefore, auto insurance is very important. The state of Ohio has what is known as FR or financial responsibility laws. Financial responsibility laws ensure that a person has enough finances to pay for the damages in case of an accident. The easiest way to do this would be buying an auto insurance policy.

  The state of Ohio has fixed the minimum liability one should have in … Click here to read more

• Indiana Auto Insurance Basics

  by Hayden Krueger

  For driving a car in Indiana, you should possess a valid driver license and adequate auto insurance coverage, according to the state driving and traffic law. Several types of insurance coverages are offered by the insurance companies in Indiana. Selecting the right type of coverages could be a confusing affair. Hence, first you should understand the basics of auto insurance. The terminologies might vary marginally between the various insurance companies but the five basic parts would not change.

  Declarations Provided by You

  When you apply for auto insurance, you should submit several details in the application form of the insurance company. These declarations would include your personal details, details of the family members in your household who would be driving, the number of vehicles in your home and their registration numbers, your house address, the types of coverages that are purchased by you, the limits for the coverages, and the … Click here to read more

• Idaho Auto Insurance Basics

  by Hayden Krueger

  In the state of Idaho, every vehicle driver must have valid auto insurance. Failure to do so could result in the suspension of the driving license. You would be required to apply for reinstatement of the driving license from the Idaho Transportation Department, after paying the appropriate reinstatement fee. You should also provide proof of holding a liability insurance coverage from an insurance company at the time of reinstatement. Hence, it is important that you understand the auto insurance basics in the state of Idaho.

  Auto insurance policies have five important sections or parts. The exact details could vary from one insurance company to another but the basics remain the same. Let us consider them briefly.

  Declarations by the Applicant for Auto Insurance

  The first process in purchasing auto insurance policy is the declarations submitted to the insurance company by the applicant. You are expected to provide true details of … Click here to read more