Auto Insurance Guide Archive for January, 2010

• Getting good deals on auto insurance made easy

  by Hayden Krueger

  Auto insurance is compulsory in all states of the United States of America. It is the law and you can be severely penalized if you fail to comply with the requirements. But apart from the legal ramifications, it is also very responsible to have auto insurance. It can help you in times of need, when you do not have anywhere else to look for financial support. We shall now see how you can get a good deal on your auto insurance policy. 

  The most important thing to do when you want to get insurance is to start researching about it before you buy it. It is important to do all the ground work and understand the basic concepts before you make an investment. Look on the internet for the right deals. Make use of such tools to maximize your investment potential. 

  A lot of websites offer free insurance quotes. Try … Click here to read more

• Five Ways to Find the Best Auto Insurance Company

  by Hayden Krueger

  Insuring your car for the first time can be confusing since there are a number of companies and policies to choose from. Finding the right auto insurance company can seem like a hard task at first but there are a few tips that can help you find the right insurer with ease. This article will elaborate on 5 such useful tips that will help you find the perfect auto insurance company for your vehicle needs. 

  Look for Reputed Companies 

  Although it may be tempting to opt for an auto insurance company that is new in the market since they provide discounts it is always better to opt for reputed companies. New companies that are just starting out may not have perfected their process which means that while filing a claim you may have to wait for a long time for the claim to be accepted. Reputed companies on the other … Click here to read more

• You crashed, what’s next?

  by Hayden Krueger

  No matter how careful a driver you are, everyone has an accident, through their own fault, or through the fault of someone else, but the hard and ugly truth is that most people who drive consistently are likely to have a car crash.

  First check to see if you’re ok; the other person? If all is well, stay calm, and speak to the other driver, exchange insurance information. If not, dial 911, immediately and ask for medical assistance! 

  Assuming that neither you nor the other driver is badly injured, here is what you need to do 

  Start off on the right foot  

  Stay calm; you have been through a traumatic experience, stay alert, and positive. 

  Get your story straight 

  Recall what happened, make a drawing, you have just gone through quite a traumatic experience, and it’s common to forget smaller details, smaller details that can get you off the hook! … Click here to read more

• While filing an auto insurance claim

  by Hayden Krueger

  With the number of vehicles on American roads ever increasing, the chances of you having an accident and having to file an auto insurance claim are very high. But don’t be alarmed, personal injuries aren’t a problem in a majority of auto insurance claims.

  The steps to making a claim are quite simple- you call the insurance company to make the claim, the adjuster visits you to assess the repairing costs, and then you may repair your vehicle with the money that the insurance company sends you via a cheque.

  All insurance claims have a mandate rule- you need to provide proof of damage or proof of injury. Under this, 5 aspects are taken into account- what is told to the insurance company by you, what is told to the insurance company by the other party, the police report, the actual physical damage at the scene of the accident and … Click here to read more

• The starter’s guide to Auto insurance

  by Hayden Krueger

  Your auto insurance premium is calculated on the basis of a few facts about you, and a few facts about your car, your usage pattern, and the neighborhood you live in, and of course, the ever so popular credit rating. This is all secondary of course, to the coverage provided by your policy. First things first, understanding your insurance cover. 

  Liability insurance 

  Liability insurance covers property damage and medical care in the event of a crash, if it was your fault. The state minimum requirements are exactly what they claim to be, the minimum acceptable cover, and this is by no means close to being adequate. Whatever your liability cover doesn’t protect you against, you are liable to pay for. A safe figure to go by is $100,000 per person in the car, $300,000 per road accident (this way you’re still protected in the event of multiple accidents) and $50,000 … Click here to read more

• The benefit of multiple auto insurance quotes

  by Hayden Krueger

  Everybody needs to secure their investments and assets. Consumers turn to Auto Insurance Companies who charge them a premium in exchange for protection against theft or damage to their vehicle.

  Now needless to say there are various companies out there for you to choose from. This truly is a consumers market, we have today. You can study the pros and cons of each auto insurance company and then go with the company of your choice. Each company has their own insurance policies; some provide only the very basic covers, while some have a wide array of coverage for you to choose from. Once again, you need to put in a few hours of effort into learning all the options open to you.

  As a consumer it can get very confusing, with each auto insurance company claiming to be the best in the business. The use of fancy advertising gimmicks and … Click here to read more

• Teen Auto Insurance for Dummies

  by Hayden Krueger

  Your teenager feels a magical transformation into an adult when you hand him over your set of car keys. But as a parent you have also the responsibility of providing your teen with insurance.

  Since teenagers do not have any driving experience, they fall into a ‘high risk’ category, which is why premiums assigned to them by insurers are much higher compared those rates of an adult’s insurance.

  It is found out that the crash rate for teens is many times higher than a person in their mid 20s, and so it comes as no surprise that teen insurance is so much more expensive. A few tips can help you to cut costs when it comes to paying for your teen’s insurance.

  The first step is to find an insurance agent who is specialized in teen driver insurance. It isn’t only important to get a good rate, it’s more important … Click here to read more

• Insuring your modified car

  by Hayden Krueger

  Modified cars draw a higher associated insurance premium. This is bad news for most motor car enthusiasts. If you own a modified car, or plan to modify your existing car, read on.

  Modified cars are mostly driven by enthusiasts, and auto insurance companies see this as a high risk factor. Arguably it is possible that a car is indeed safer in the hands of an enthusiast; sadly that’s not the way most auto insurance company sees it. Another point of concern is that a modified vehicle is categorically more expensive than an un-modified vehicle, and they are of higher value to an automobile thief, which again associates a higher risk for your insurer.

  Automobile insurance companies compare the current configuration of your vehicle, to the “stock” (factory) configuration of the vehicle to differentiate between modified and non modified cars.
  Since the benchmark used to measure modification is so ambiguous, even … Click here to read more

• Everything you need to know about Collision Insurance

  by Hayden Krueger

  After your house, the next biggest investment people tend to make is their car, and for good reason. Motor vehicles today are becoming more of a home away from home, from a place to have a quick coffee and a bagel on the way to work, or a place to unwind catching your favorite music on the way back from work, to a place to call up an old friend whilst driving to the supermarket.

  The first thing you need to do after you buy your new vehicle, is have it insured. Driving without auto insurance is considered illegal in most states, and failure to have adequate auto insurance can get you into quite a soup. Most people go for Collision insurance; it’s the most basic coverage you can get, for these reasons, it’s the easiest to sign up for, and the cheapest to buy.

  Most people sign up for … Click here to read more

• Drivers Ed made easy

  by Hayden Krueger

  Drivers Ed, is not only advantageous for you, it’s also mandatory; and for good reason. May people shy away from it because of past stories they have heard of how complicated and extensive it is, the sad part is this is far from the truth. A Driver’s Education course is nothing to be afraid of and something that will help you understand how the system works. Courses today are designed to be easy and convenient for the user as you will see in the following paragraphs.

  The best way to take a Driver’s Education course is online. Like most things online, it is deeply simplified for the user, and requires very little to no technical expertise at all. People who have taken the course online sincerely suggest it to their friends and family members due to the flexibility it provides you with. All you need is a computer from where … Click here to read more

• Don’t accept a speeding ticket, fight back

  by Hayden Krueger

  It is no secret that a single speeding ticket can stay on your permanent record, and affect your insurance premiums negatively for up to five years! As a strained economy, many jurisdictions are turning to law enforcement officers to serve as a part time taxman. With the law cracking down up on the lead foot syndrome, and rash and reckless driving, there are some changes to be made. 

  Gone are the days when a speeding ticket was just a ticket, and you could shrug it off with a few dollars paid as a fine, the repercussions it has on your insurance premium are grave, especially if you are a repeat offender. The insurance company sees the cover they offer you as a liability to their financial well being. 

  Statistics back up their belief that people who speed on a regular basis are up to 50 percent more likely to crash. … Click here to read more

• Auto insurance for senior drivers

  by Hayden Krueger

  The times are changing, and many senior citizens are far more self reliant than they have ever been. They prefer to have their own vehicles, and the freedom to drive to wherever they wish to go at whatever time. However, the sad truth is that a majority of fatal road accidents are caused by seniors. This is caused by various factors which include degradation of eyesight and reflex actions and weakening of driving skills which are the main causes.

  Due to this situation, automobile insurance companies view insuring senior citizens vehicles’ as the highest risk group to ensure, this leads to them paying the highest premiums on their policies.

  Senior citizens need to be very cautious on the road, and ensure they maintain a defensive demeanor whilst driving. They key point is to stay attentive, the highest number of accidents happen at intersections, were there is an influx of traffic … Click here to read more

• Ways to Avoid Auto Insurance Problems – Auto Theft

  by Hayden Krueger

  Majority of car owners who have auto insurance feel that their car is well protected from auto theft. While this may be true in some cases the fact is that vehicle insurance does not cover for personal belongings that were stolen and it doesn’t cover for all the out of pocket expenses. This article will elaborate on a few ways to avoid the main auto insurance problem that is auto theft. 

  Old Cars are also stolen 

  If you have an old car that is not being manufactured anymore then you may be under the impression that your car is safe from auto theft. The fact is that new cars are stolen for their worth and old cars are stolen for their parts. Since it is hard to find replacement parts for old cars these cars are stolen and sold to chop shops where the parts are removed and sold. 

  Park … Click here to read more

• Top Five Ways to Save Money on Auto Insurance

  by Hayden Krueger

  Auto insurance is definitely one of the most useful types of insurance but vehicle insurance premiums can often cause car owners to think twice about getting car insurance. Buying car insurance doesn’t have to be expensive if you know about various discounts and other ways you can get a cheaper quote. The following paragraphs will elaborate on some simple yet effective ways to save money on auto insurance.                                                                        

  Know Insurance Prices before Buying Your Car 

  Most people buy auto insurance after they have bought a car and this is by far the biggest insurance mistake. Your car’s model number, make and value are some of the main factors taken into consideration by vehicle insurance companies before you are given a quote and as a general rule if you have paid a lot of your car then you will pay a lot of your insurance too. 

  While buying a car you … Click here to read more

• Thirteen Factors impacting your auto insurance premium

  by Hayden Krueger

  Various factors affect your insurance premium, and you need to dig deep and understand them in order to be able to save on your insurance premium. 

  Age and Gender 

  The younger you are, the higher your premium will be, up to a certain age of course. Drivers under the age of 25 are statistically much more prone into getting into an accident than someone in their 40’s. Your gender also matters here; males attract a higher premium as compared to females. This is based on the assumption that women are safer drivers, a thought which is fast changing as the world sees both genders as equal. 

  Marital status 

  A married person tends to be more dependable and drive in a more sedate manner than a youngster, or even an unmarried person of the same age group. Hence insurance companies charge a higher premium for single people. 

  Credit rating 

  Like with … Click here to read more

• Five Useful Tips to Buy Auto Insurance

  by Hayden Krueger

  Buying auto insurance can be confusing for people who are purchasing insurance for the first time since there are so many options for vehicle insurance. This article will help you understand how to buy insurance by elaborating of 5 tips that will remove the confusion from buying auto insurance. 

  Know Your Requirements 

  Before buying auto insurance you should make a list of the things you need in vehicle insurance and you should make a list of the mandatory liabilities in your state. You should also determine how much you can spend on vehicle insurance every month, how many cars need to be insured and who all needs to be part of your insurance policy. If you are insuring more than 1 car then you should consider insuring all the cars from one insurance company since this will make you eligible for discounts. 

  Search Online 

  Most of the reputed auto insurance … Click here to read more

• 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

• Cut your auto insurance bills in half

  by Hayden Krueger

  Let’s face it; auto insurance companies don’t want to hand out big cash payouts to you if you are in a car crash, or if your vehicle gets stolen. And as consumers, most of their customers make it relatively effortless for them. Most people never read the fine print; neither do they take the trouble to understand their insurance policy and its associated cover.

  Here are some tips to help you save a lot of money on your auto insurance bills.

  Request higher deductibles 

  In the event of a crash, the deductible is the amount of money you have to come up with before your auto insurance company does. Increasing your deductibles from $200, to $500 can save you 15 percent of the cost of your collision and comprehensive cover. Push it to $1,000, and you save a whooping 40 percent! This practice makes a lot of financial sense to … 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