Auto Insurance Guide Archive for June, 2009

  • New York Auto Insurance Coverage

    by Hayden Krueger

    While mandatory automobile insurance coverage requirements vary across the country, New York has its own set of established coverage minimums that must be adhered to. Knowing what you must have when you sign up for car insurance in your area will give you a good head start in putting together the most comprehensive coverage.

    First up is bodily injury and property damage limits. The state of New York requires a minimum of $25,000 per person for bodily injury, $50,000 for two or more people that have been injured in one single accident, and $15,000 towards property damage as a result of an accident. These are the minimums but you may want to increase your coverage accordingly.

    Uninsured and or underinsured motorist coverage is optional in many states but it is mandatory in New York. This coverage includes payment for medical expenses, damages and lost income to you or other household … Click here to read more

  • New York Driving and Traffic Laws

    by Hayden Krueger

    If you are a New Yorker, you probably already know the traffic and driving laws for your state. But if you are moving to the area, or planning on a trip to the big apple, you should take a minute and acquaint your self with some of the rules of the road in the great state of New York.

    There is really not a big chance of speeding when you are in the heart of the city as traffic congestion usually takes precedence. But if you are able to make a break, remember, they have police officers that are more mobile than what you may be used to.

    Speeding accounts for nearly 30 percent of the fatalities in accidents involving New York drivers. Points are issued for speeding violations ranging from 3 to 11. Your license will be suspended when it reaches 11 points. Speeding tickets in New York can … Click here to read more

  • New York Auto Insurance Basics

    by Hayden Krueger

    New York city is known for its major traffic jams, overflow of cab drivers and a regular influx of visitors and tourists. The suburbs are not quite as congested but they have their share of fender benders. So what do you look for when you are purchasing car insurance? Here are the basics of New York auto insurance.

    Besides protecting you and your family in the event of a car accident, auto insurance is purchased to cut your financial liabilities that are a result of someone stealing your car, someone breaking into your car, or anything other than an accident that results in damage to your car.

    New York mandates the minimum amount of liability coverage you are required to carry. If you still have financing on your vehicle, your lender will require you to provide proof of insurance coverage. If you do not do this, appropriate coverage will be … Click here to read more

  • New York Auto Insurance Discounts

    by Hayden Krueger

    New York is one of the states that has higher auto insurance rates. And every year it seems that the rates just keep getting higher and higher. What can you do to cut down on some of these increases? Try asking your insurance professional if the following discounts are available on your next policy.

    Many companies reward their safe drivers with a discounted rate. If you have not had an accident in the past three years, you may qualify. Some even extend a discount to loyal customers who have been insured by their company for several consecutive years.

    The more safe and reliable you can make your car, the more discounts you will receive. It is worth the effort to get anti-theft and or alarm systems added to your car. This one time investment will provide you with discounts for as long as you have your car. Tracking devices such … Click here to read more

  • Florida – Tips for saving on car insurance

    by Hayden Krueger

    Car insurance is required if you are planning on driving on the streets and highways of Florida. And it seems as if the costs are always going up, never down. Here are some tips to start to reverse that trend and get you on your way to saving money on your car insurance.

    Combine your car insurance with your life insurance, renter’s insurance or homeowners insurance if you can. Putting all of your insurance needs under one roof qualifies you for a discount with many insurance companies.

    Keep a good handle on your credit score. Make sure that there are no errors in your report that could be costing you extra in your premiums. And by the same token, make sure that you notify your company if and when your credit score improves. The higher the score, the lower your premiums will be.

    You can increase your deductibles in areas … Click here to read more

  • Florida Auto Insurance Coverage

    by Hayden Krueger

    Automobile insurance coverage requirements and recommendations vary from state to state. What is mandatory in some states may not be in another state. Florida has its own mandatory coverage’s and they are listed below.

    The amount of bodily injury liability required in Florida is $10,000 for injuries to a one person and $20,000 to two or more people per accident. Bodily injury liability is the highest amount your insurance company will pay for injuries or death due to an accident. Other higher amounts are available in increasing increments, from $50,000 to $100,000 per person and from $100,000 to $300,000 for two people who are injured in the accident.

    Property damage coverage is required in the amount of $10,000 per accident. Property damage covers damages to the property of others or on their property (knocked down fence, light pole that has been hit, etc.)

    While this liability coverage is mandatory at … Click here to read more

  • Florida – Factors that Affect Auto Insurance Rates

    by Hayden Krueger

    Trying to find the best insurance rates can be a daunting task. After awhile it all seems to blend together and you’re really not sure if you are actually getting a good deal or not. And sometimes, you won’t know until it is too late. You shouldn’t sacrifice coverage because the rates are too high. So what exactly determines the costs of auto insurance in the state of Florida?

    To begin with, you should always find out ahead of time what method your carrier uses to determine the value of your car if it is totaled in an accident. Being beyond repair, an insurance company will figure out what your car is worth in one of three ways: researching the market value, going through quotes from vendors, or the traditional “Blue Book.” If your insurance company is unable to replace your vehicle from a nearby source, you may pay in … Click here to read more

  • Florida Driving and Traffic Laws

    by Hayden Krueger

    Whether you are a visitor to the state of Florida, a seasonal resident or a permanent native, knowing the rule of the road can save you a lot of stress – and money – in the long run. Some traffic officers may be kind enough to let you off with a warning, but why take the chance of having to pay a stiff fine for something you could have prevented from the start.

    First, pay close attention to the speed limits as they can change quicker than you think. As a rule, the fastest you can go on regular in-town street in Florida is 30 mph. Check around for school zones as it drops to 20 mph and is heavily enforced. Construction zones also have lower speeds and signs will notify you that failure to adhere to these limits while men are working on the streets will result in twice … Click here to read more

  • Florida Auto Insurance Discounts

    by Hayden Krueger

    The combination of visitors and tourists to the Sunshine State along with the number of retired drivers on the road have made Florida auto insurance become more costly every year. Some residents struggle to keep up. What can you do to make sure you have enough coverage in case you need it? The following are some discounts that may help you make ends meet.

    Multiple car discounts will give you a good head start to lower rates. If you have more than one vehicle in the household, having them all insured by the same company will get you a lower overall rate.

    Some companies will give you discounts if you tie in your other insurance needs with your car insurance. Taking out renter’s insurance, homeowner’s coverage or even life insurance with the same carrier can cut your costs without sacrificing your coverage.

    Check around for insurance companies that may offer … Click here to read more

  • Florida Auto Insurance Basics

    by Hayden Krueger

    With the influx of visitors to the state of Florida, accidents not only can happen, they do on a regular basis. The sunshine state is a mecca for a regular influx of tourists, vacationing families and college students on spring break. You may want to update yourself on exactly what car insurance levels are mandatory and which ones you may want to definitively put into effect right away.

    You must have adequate insurance coverage to protect you, your family and your vehicles from damage caused not only by accidents but from other causes. Theft and vandalism may occur but living in a state with a hurricane season, “natural disasters” have a better chance of damaging your car.

    You must carry the minimum amount of liability coverage mandated by the state of Florida. If you still owe money on your vehicle, the lending facility will require you to provide proof of … Click here to read more