Most Recent Auto Insurance Guide in Auto Insurance Basics

  • Understanding auto insurance before opting for it

    by Hayden Krueger

    Cars and speed are two things that fascinate everybody. There is always a need for speed and the desire to drive past in an expensive car that will make heads turn in every person that loves their set of wheels. Whether you are buying your first car or your 10’th one in so many years, you need to realise that safety and security are just as important.

    No matter how well you drive or how confident you are about your prowess behind the wheel you need to get car insurance in the event that something goes against plan. Absolutely no one is immune to accidents; there may be an occasion where through no fault of your own you may be part of some accident. Having car insurance covers your liabilities and makes it easier to accept what has happened. Of course nothing can compensate for the physical discomfort or loss … Click here to read more

  • Know more about auto insurance for women

    by Hayden Krueger

    Gone are the days when men and cars were inseparable, now women are just as [passionate about cars and having it in the best shape. There has always been much criticism about women drivers.  However insurance companies have always given women a better deal and better options to choose from in car insurance. Does it not point out that women are indeed more careful and in control of their driving than men are? There are specific car insurance deals for women in the market and these are often much cheaper than car insurance for men. It certainly says a lot about women drivers being better at dealing with situations than their male counterparts.

    Write offs in many cases for women drivers have been cheaper as women who are in accidents generally have been seen to have minor issues like minor dents, bumps and scrapes. In contrast male drivers are seen … Click here to read more

  • Get the right kind of coverage for your vehicle

    by Hayden Krueger

    Given the fact that there are so many different kinds of insurance available for your vehicle, it can get quite intimidating to pick out the kind that you are going to save money from. However, there are certain factors that go into making these insurance policies that you can make use of in order to save significantly on your auto insurance. It helps to know more about these policies so that you don’t have to end up spending a fortune in order to protect your vehicle. Not making an informed decision can cost you a lot of money in the long run.

    Knowing the minimum values

    One solution to getting the perfect kind of auto policy would be to perhaps have a good idea about the minimum values of the auto policy. These minimum figures vary from one state to another. Hence, it is important to know about these figures … Click here to read more

  • Different ways in which you can buy auto insurance today

    by Hayden Krueger

    We live in a highly connected world today that has a number of options for us to take advantage of. It is important to know the different ways in which it might be possible to approach something so that we can take advantage of this. Coming to auto insurance, there are a number of ways in which one can obtain auto insurance today. However, knowing the right one, which is suitable for your requirement, is crucial. Once you have a fair understanding of this, it might be less intimidating to get auto insurance.

    Buying it in person

    The traditional option would be to simply buy it in person. In this method, you can easily get the kind of insurance that you would want by requesting for that specific insurance in person. There are multiple advantages of doing so as you do tend to save quite a bit of money in … Click here to read more

  • Car insurance – know more to make the right choices

    by Hayden Krueger

    We all find ourselves paying different bills on different occasions. There is the mortgage, the car loan, the credit card bills and other assorted fees. Add to all this auto insurance and you are wondering why? No matter how good a driver you are it is important that you have insurance in place.

    The law requires you to carry proof of at least basic insurance cover in many states. Else your license could get revoked and you would be in a lot of legal trouble and paying through your nose to cover for a mishap. Insurance is a way to protect yourself from these liabilities to an extent. However it does not mean that you get additional expenses to deal with and huge bills every month. You can get a lot of different types of insurance offering different kinds of coverage in the market.

    What people do not realize is … Click here to read more

  • Auto Insurance types you can choose from

    by Hayden Krueger

    Auto insurance is taken by most people to keep up with the traffic laws. However, one must understand that auto insurance can save one lot of money in adverse situations. More importantly, the auto insurance coverage can often be very important and the assistance could be critical at some points. However, one must know what the perfect auto insurance for them is. There are many different varieties of auto insurance that one can pick from.

    The first type is obviously the collision insurance wherein the coverage is to protect the car. This kind of coverage involves damages caused by collision with another car or any object in an accident. It also covers for damaged caused to the vehicle due to a pothole. The insurance you get is minus your deductible.

    There are two scenarios involved in case of a collision. If the fault is on your side, then the insurance … Click here to read more

  • What is The Auto Insurance Requirements In Your State?

    by Hayden Krueger

    Each state in the U.S. has its own set of basic requirements when it comes to auto insurance.  If you drive in Michigan, you are most likely need to have an insurance coverage to back you up in case of accidents.  Needless to say, the same story holds true for all the drivers from other states.

    The State of Michigan mandates that every single driver should acquire at least the minimum liability coverage. However, there are instances that the minimum coverage itself is not sufficient to cover all the possible costs that bring us to the idea of having supplementary or additional policies. 

    No matter how safe driver you have become there is no 100% guarantee that shields you from irresponsible and reckless drivers. As a driver, a basic liability coverage protects you from the unnecessary financial losses and expenses. Without it, your personal money and belongings could be swept … Click here to read more

  • Understanding How Insurance Rates Are Calculated In Alabama

    by Hayden Krueger

    You might be wondering how insurance companies calculate your auto insurance premiums. For many years, I thought about it as well. Luckily, I found out the answers and this is what this article is all about.

    Depending on your location, your local government or the insurance companies in your area normally determines your auto insurance rates. Using pre-defined regulations set by your local administration, insurance companies are able to give you fast and accurate calculations.

    When insurance companies determine your rates, it does not rely on one single factor alone. What they do is like a puzzle, which tries to combine all sorts of elements and using their special formula to arrive at your individual insurance rates. Interestingly, not all insurance companies see these elements all the same, and that is why there are slight variations with the computations itself if you try to compare the quotes from the other … Click here to read more

  • Back To The Basics: Understanding Your California Auto Insurance Coverage

    by Hayden Krueger

    To reduce your insurance cost effectively is to understand the basic terms of insurance itself. I have known many people who are still unfamiliar with the terms, even if they had it for a long time already. New policyholders can be forgiven but for somebody who has been insuring his vehicle for many years is not. This article will guide you to some the common terms regularly used in the car insurance industry.

    Deductibles. You will pay this amount before filing a claim. Auto insurance companies will ask how much deductible you are willing to pay. The rule is, the lower your deductible the higher your insurance premium rates. Therefore, if you want to save money, go as high as you can afford. In return, discounts can be extended to you.

    Minimum Liability Coverage. Most states are requiring each driver to have at least a minimum coverage. This takes care … Click here to read more

  • Some Common Questions About Auto Insurance

    by Hayden Krueger

    One insurance policy could work flawlessly for you but possibly not for the other drivers. This is because each driver has his/her own set of requirements when it comes to auto insurance. There are also other variables that need to be considered, as this will greatly affect the outcome when the policies are finalized. 

    Factors affecting auto insurance rates.

    Not a single insurance provider relies on one factor alone when computing insurance rates. As a policyholder, some of these factors are controllable such as choosing an inexpensive car instead of a sports car or increasing the deductible to lower down the annual or monthly insurance premiums.

    If you bought a car, and you still owe some money on it, you may be required to purchase a gap insurance, which is basically used to protect the difference between the car’s value and your debt. Just be careful when purchasing this policy … Click here to read more

  • The “No-Fault” Insurance Law: Is it a Foe or Ally?

    by Hayden Krueger

    We can start this article by understanding what a “no-fault” car insurance is. In non-technical language, “no-fault” means your insurance provider will pay you regardless of who instigated the collision accident in the first place. This means you will be restored, compensated and all claims are paid – period. The downside is that many of the victims are not able to file legal cases over injuries and losses on civil courts because of the jurisdiction itself. Let us take, for instance, in the States of Kentucky, Pennsylvania and New Jersey where they are being offered with two options. “Full tort” means that you will have all the freedom in the world to sue while the “limited tort” applies when you have decided to purchase an auto insurance policy. If you later change your mind, you may have to drop your current policy and have a new one written for you.… Click here to read more

  • Asking For a Second Chance

    by Hayden Krueger

    Unlike individuals, insurance companies that committed awful wrongdoings cannot go to jail. They will receive fines and ultimately striped off from operating their business. In Missouri and Illinois, one company has to undergo such scrutiny because the Department of Insurance has received numerous complaints against them. This is the story of the Universal Casualty.

    People are complaining about Universal Casualty on the grounds of poor customer service and bad faith rather than misconduct and fraud.

    Complaining for what?

    It all started last summer, when the Department of Insurance in Missouri received an uncommon turnout of complaints against the Chicago based insurer Universal Casualty. Accordingly, the insurance company failed to act on a timely manner against the claims and not to mention the slow outcome of their investigations. Allegedly, the company has continuously denied legitimate claims or offering ridiculous low settlement payments.

    As part of the measure, the Department of Insurance … Click here to read more

  • Cheap Transportation for the Budget Constraint Folks

    by Hayden Krueger

    Anyone is trying to save these days, and if you are looking forward to buy a new car, a used vehicle might be the best option for you, right? In fact, you can still buy a reliable used-car for as low as $500 from private car dealers. Most of these cars have been in the service for many years and most probably looked like they will need a serious grooming. However, if their respective owners have carefully maintained them over the years, these cars could still provide a good and cheap transportation service for over five years just easily.

    If you are planning to buy one, remember that most of these cars will have zero or very limited warranties extended to you. Also keep in mind that “lemon laws”, the set of laws that protects the buyers from repeated failures and damages, are not applicable to leased or used car … Click here to read more

  • Familiarizing Insurance Terminologies

    by Hayden Krueger

    Lawyers have their own set of jargon words and for most people these terms are just a way too complicated and redundant to understand. The reason can be traced several hundred years ago where people are using several languages across the country. Lawyers were forced to use two languages to avoid being misunderstood. For instance, many of the today’s jargon words are seemingly redundant in context such as break and enter, land and tenement or fit and proper. Because of the need to define in extreme precision, the practice continued until this date, which is evidently shown in today’s modern contracts.

    The term insurance itself is not a difficult subject, per se. However, since it is considered as a legal contract between two parties – the insurance provider and you – the need to be precise in terms and agreements are needed, hence that style of writing is being enforced.… Click here to read more

  • Filing a Hassle-free Insurance Claim

    by Hayden Krueger

    Auto insurance safeguards you and your family and your vehicles from accidents. While insurance is very necessary, claiming the insurance especially for significant amount of money can be quite challenging experience. You will have to go through a lot of paperwork and formalities in order to get your money. If you have opted for a higher deductible, then you will have to pay a large amount from your pocket that cannot be included in the claim.

    Under any circumstance, call your insurance company to let them know about your incidence as soon as it happens. Every insurance company has a different rule to file a claim depending on the state you reside in. You can talk to your insurance agent about the process and procedures you will have to follow when you file a claim.

    First and foremost requirement is for you to fill up a proof of claim form. … Click here to read more

  • Claiming Auto Insurance Disputes

    by Hayden Krueger

    Sometimes, claiming money from your insurance agency can be an easy breezy process. But sometimes when you need money the most, you will not receive any kind of co operation from your agency and you won’t get your claims answered. Under such circumstances haggling around with the insurance company can be a harrowing and frustrating experience. There are certain ways to handle your unanswered claims and to negotiate with your insurance company without making the process too big.

    If there is a mutual disagreement about the settlements that the policy holder receives then there is a provision to settle things out between the company and the policy holder through a process called appraisal. In this process, both the insurance company and the policy holder will each have an appraiser who will review the settlement claimed and determine if it is a fair one.

    When there is a disagreement, both appraisers … Click here to read more

  • Understanding Different Facets of Auto Insurance

    by Hayden Krueger

    Auto insurance is nothing but the insurance you purchase for your vehicle. It is nothing but an agreement between you and the insurance company from which you purchase the policy. You will have to pay monthly or annual premium for the policy you purchased and the insurance company agrees to cover the costs of damages caused during accident. Though it appears to be a simple concept, it has many facets to it that needs better understanding.

    In most of the states in USA, it is mandatory for you to carry at least liability insurance. Liability insurance enables you to cover the expenses of the other person’s damages if you are involved in an accident. In some states like New Hampshire, however, it is not very mandatory for you to carry insurance, but you must be able to demonstrate your financial stability to cover all liabilities to other person involved in … Click here to read more

  • The Relation of Good Credit with Car Insurance

    by Hayden Krueger

    The cost of car insurance nowadays is not something we could take for granted. Nobody wants to spend too much money because of the economic crisis going on and all. The companies have different reasons why they heighten and lower the premiums that their customers pay, and everyone must be vigilant in understanding why and how rates go up and down to avoid high amounts of premiums. With all the recession going on, surely everybody wants to save some cash.

    The credit score is a very good example. Insurance providers hardly tell their policyholders that this is a basis for computing the premium you pay. Of course doing your own homework pays off. To get things straight, a good credit score is equal to a lower premium you have to pay.

    What is the reason behind this matter? How come credit score bears something on our car insurance premium? This … Click here to read more

  • Learn the Ropes of Truck Insurance

    by Hayden Krueger

    If even bicycles and motorcycles are required to be insured, how much more when it comes to trucks? Trucks are commonly used for delivering products in both short and long distances in small and big fleets.

    Truck owners and operators alike must be knowledgeable when it comes to acquiring truck insurance. However, it is still unwise to stick in your company. Check first if you are getting the best service you are craving for.

    Primarily, one must inspect whether the insurance provider is a specialist on truck insurance. It is always a better option to choose the specialist because the specialists know the needs of truck owner-operators. Also, the specialists are aware of the specifics of trucks in different states such as the allowed load limit. This gives you an edge because they do not delay investigations since they have learned the ropes.

    But, the question remains. How can truck … Click here to read more

  • Why Car Insurance Is a Necessity

    by Hayden Krueger

    To all car owners and drivers in the United States, it is a known fact that you cannot hit the roads and speed in highways unless you have car insurance. This is because the US government requires all car owners to have this so one could drive legally. Some people consider this as just an added expense, which oftentimes drain the finances of car owners. Nonetheless, unless you decide to break the law and be caught by traffic enforcers on the road, getting car insurance is a necessity and a requisite to safe driving.

    But why did the government resort to imposing a law that requires car owners to have an insurance policy for their vehicles? Stated below are different reasons why.

    The truth is, no matter where you are, there is always a risk that you will be involved in an accident while on the road.

    No one in … Click here to read more