Auto Insurance Guide Archive for February, 2010

• Comparing auto insurance quotes made as easy as A-B-C

  by Hayden Krueger

  When you are looking for auto insurance quotes on the internet, it is important to know your needs before you start browsing. With the recent increasing trend in auto insurance rates, it will not be long before the rates go up to pre-recession levels. Hence there is a need to conduct proper and effective research before you take the plunge.

  Look for comparison websites when you are browsing for quotes on the internet. These websites will offer a number of auto insurance quotes on the same portal. It is important to browse through different quotes from different companies before you schedule an appointment.

  The official insurance company websites are known for their reliability and security. You do not need to worry about getting wrong information when you are on such websites. Another issue is that you need to provide your social security number and driving license number when you request … Click here to read more

• Being knowledgeable about auto insurance for teenagers

  by Hayden Krueger

  Auto insurance is very difficult to procure for teenage drivers. It is not only difficult to get it in the first place, it is also very expensive to maintain. Hence there is a need to properly analyze the situation before registering your kid into a policy that you might regret in the long run.

  Before you register yourself into a policy, make sure you know the details about the policy. Use the internet to find out as much as you can about various policies. There are many websites that offer free auto insurance quotes online. Get online and look for the best deal by putting in your details. You may need to give your kid’s name, your contact number and address. You will also need to give out details like driver’s license number, social security number and vehicle identification number. If you are going to be sharing your vehicle it … Click here to read more

• Basics for women getting auto insurance

  by Hayden Krueger

  There is definitely no dearth of auto insurance companies these days, and in a bid to outdo the other, each company is trying to give a number of different packages, at competitive pricing rates. Women are specifically targeted by auto insurance companies nowadays, as number of women drivers on the roads is increasing. Charming auto insurance sales reps plan campaigns specially to sell insurance policies to female customers.

  Insurance experts have conducted many studies, which have revealed that a majority of women drivers are shy and feel vulnerable when it comes to buying both, vehicles, as well as auto insurance policies. This is undoubtedly caused due to the fact that the auto industry is male dominated- the testosterone probably making them domineering, strong willed, with even stronger personalities. Women, with their softer personalities and maternal instincts, still, in many cases, feel like fish out of water when it comes to … Click here to read more

• Auto Insurance to your rescue when you crash

  by Hayden Krueger

  Motor vehicle owners insure their vehicles as a form of financial indemnity after an accident. This indemnity as it is can be custom planned for you, and your vehicular needs. No one minds shelling out a few hundred dollars in exchange of the peace of mind a good insurance policy can provide.

  However the sad truth is that after an accident most car owners are shocked to know that the worst isn’t over yet. Here we aim to help you understand, what and how you must proceed after an accident.

  Call your insurance company and inform them of the accident, be co-operative and volunteer information, and most importantly, be honest. Insurance companies send over adjusters, to access the extent of the damage, and understand what exactly happened. If you do lie, and get caught by the company’s adjuster, needles to say, your claim won’t go through, but your policy might … Click here to read more

• Auto insurance quotes and you

  by Hayden Krueger

  A lot of information is provided online on insurance, especially if you’re looking for affordable rates. You can get quotes from a number of insurers and what’s more, you pay zero! But always remember, that you need to select the kind of policy you need beforehand, else you might end up with a major problem- a wrong policy.

  Once online, you will have to fill out profiles, or answer questions about yourself in order to get such free quotes. Always answer these questions truthfully, because they will the basis of the quotes you get. Factors like your credit rating, your driving record, your vehicle’s condition, and even your own health, will be scrutinized. The location of the registration of y our vehicle may also be taken into account. You may ask how this may affect your quote. When a vehicle is registered in a suburb, or a rural area, it … Click here to read more

• Auto insurance from natural calamities and disasters

  by Hayden Krueger

  Vehicles are as prone to damage due to flooding and hail and other natural disasters as your other immovable assets are. Hence auto insurance companies have the provision to provide with cover for damage due to such natural calamities.

  Its imperative for you as a motor car owner to sign up for an insurance policy which covers natural calamities and disasters in order to protect your own interests, a few dollars spent on insurance is well worth it when compared to the possible repair costs. It seems impossible for hail to damage your car, but there are thousands of documented cases where hailstones up to 1.5 inches in diameter have damaged cars, if you live in the tropics, you need not worry about hail, but you should be wary of flooding.

  Do not take damage to your vehicle lightly in the event of a natural disaster, and always survey your … Click here to read more

• All you need to know about business car insurance

  by Hayden Krueger

  The scope for entrepreneurship is ever widening in today’s times, and young entrepreneurs don’t just need vehicles, they need auto insurance for these business vehicles. On an average, a businessman will need several cars to carry out company operations and deliveries. Such a businessman will need several business car insurance quotes, if he is to avoid costly litigations, and major expenses that can be incurred as a result of a collision or an accident. If you are a businessman or an entrepreneur, you will have to be absolutely sure that you are covered by the right policy; otherwise your business is prone to suffering huge losses.

  As with normal auto insurance policies, you need to compare business car insurance quotes as well for the vehicles that you will be using for commercial purposes. This will save you a lot of money in the long run. You will need to browse … Click here to read more

• Affect of driver distractions on auto insurance rates

  by Hayden Krueger

  Driver distractions are the foremost cause of auto accidents in the country. Save for this, the only compelling reason could be that you are inexperienced, you are mentally unsound or that you are intoxicated. Accidents don’t just happen randomly, they happen due to a momentary lapse in concentration.

  A survey conducted on all the insurance companies resulted with the statistics that your auto insurance rates will go up by 22 percent for each accident that you were found to be at fault for. And it will go up by 13 percent after the first ticket. Now this is a huge sum of money, considering that the normal person pays upwards of 300$ to insure his car every month. You are looking at an extra 350$ per annum for every ticket that you get! That is a lot of money.

  Listed below are some of the major driver distractions in this … Click here to read more

• A comprehensive guide to Business car insurance

  by Hayden Krueger

  If you own a business which deploys a number of vehicles you cannot afford to do without business car insurance. A business is all about profitability, and expenses on repairing a damaged car, paying for the employs medical bills, hiring someone else to handle his or her work while they are out of work, and any other legal fees can mean a colossal setback for your business. That’s where business car insurance comes in, it provides you protection for your entire fleet, without breaking the bank.

  Request quotes from various insurance companies, bear in mind, not all companies offer business car insurance, so scout around for companies that do. The internet is one of the most powerful resources available to you, and best of all, it’s free. Make the internet work for you, go online and request for a few quotes, you should ask for five at the minimum.

  Gather … Click here to read more

• Six Factors that have a bearing on your Auto Insurance Premium

  by Hayden Krueger

  Most people are aware that auto insurance premiums are affected by various controllable and uncontrollable factors. While car owners have no control over certain factors they certainly have control over many factors that can bring their car insurance premium down by 20%. This article will elaborate on some of the common controllable and uncontrollable factors that affect auto insurance premiums.

  Physical Fitness

  The health of a person is one of the controllable factors that affect auto insurance rates. People who have vision problems end up paying more for vehicle insurance since vision problems can cause accidents. People who smoke also usually pay more for auto insurance. Car owners who have joint related problems that hamper their driving skills are also asked to pay more than owners who do not have these health problems.

  Age and Sex

  The age of a person determines his driving abilities and it also helps auto … Click here to read more

• Guide on Preventing Auto Insurance Scams

  by Hayden Krueger

  Each and every industry is prone to being affected by unscrupulous people who trick others for their own benefits. The auto insurance industry is no exception to this phenomenon since many unscrupulous people trick car owners for their own benefits. This article will elaborate on some of the common types of auto insurance scams and a few ways to avoid these scams.

  Accident Scams

  Staged accidents also known as rear end accidents are the most common type of auto insurance scams. In this type of scam the scammer gets behind an innocent car driver and then the scammer slams on his break which causes his car to bump into the other car driver’s car. Since the scammer usually disconnects his brake lights before pulling off this scam the best way to detect such a fraud is to look out for non functional break lights when someone is moving close to … Click here to read more

• Low cost auto insurance for veterans

  by Hayden Krueger

  Our country, the United States of America has been at war ever since its inception. It is but natural that the other powers of the world would want to weaken this great democracy. And it is our brothers and sisters who fight for us on distant shores across the oceans. United States war veterans have a lot of benefits once they get back.

  If you have been honorably discharged from the military, you can avail of these benefits even in auto insurance. With rising costs and low retirement benefits, it is important to have such added frills in order to lead a comfortable life.

  The first thing you must do if you are looking for veteran auto insurance is to get in touch with your local veteran assistance chapter. They can assist you with a lot of things other than auto insurance. But for now we shall discuss just auto … Click here to read more

• Auto insurance for teenagers

  by Hayden Krueger

  Teenagers have a hard time getting low cost auto insurance in this country. This is due to a number of factors. And the number one factor is that statistics show teenagers to be the highest cause for car accidents in the country. And no amount of whining is going to change hard statistics; hence it is better to work around the problem.

  Now that we already established the fact that teenagers cause a majority of the traffic accidents, we shall analyze why this is so. The most obvious reason is that they lack experience. Driving is something that needs impulse or instinctive reactions to a situation. No amount of practical training will be sufficient to replace years of experience. Hence it is important to get as many miles behind the wheel as possible.

  Another cause is that teenagers are known to be irritable and are prone to mood swings. Such … Click here to read more

• Things Auto Insurance Companies Check before Giving You a Quote

  by Hayden Krueger

  Many people who buy auto insurance are not aware that the insurance company checks through the applicant’s records thoroughly before they decide to give the person a quote. While many people argue that there is nothing much that can be done about a background check the fact is that by knowing what things are checked you can straighten out your records before renewing your insurance policy. The following paragraphs will elaborate on the most common and crucial things that auto insurance companies check before giving you a quote. 

  Financial Records 

  Your financial records consist mainly of your credit report and credit score. Your credit report has details of the credit cards you own, the amount of debt you have taken and if you have missed any late payments or not. Your credit report also other important financial details such as if you have filed for personal bankruptcy or not. 

  Your … Click here to read more

• Understanding your Own Auto Insurance Needs

  by Hayden Krueger

  While buying auto insurance many people buy what is needed by the state and they do not evaluate their own vehicle insurance needs. Buying the bare minimum definitely lowers premium costs but it also makes the person liable to pay for damages at the time of an accident. This article will help you understand how to determine your own auto insurance needs so that you can opt for a suitable cover. 

  State Laws 

  The state laws govern your actions while you buy auto insurance. Depending on the state you live in you will be required by law to opt for certain liabilities and the state will also govern the minimum cover for these liabilities. Property damage liability is mandatory in 15 states of USA and bodily injury liability is mandatory in most states. The minimum limit of these two liabilities depends on the state you live in. 

  Liabilities 

  There are … Click here to read more

• Auto insurance for senior citizens

  by Hayden Krueger

  Senior citizen auto insurance is very much more valuable than conventional auto insurance. This is because most of the senior citizens are living on a shoe string budget. They may be relying on their retirement benefits for their survival and in a situation like this; they will not be able to afford to pay for any damages or injuries incurred as a result of an accident.

  Senior citizens are generally charged more for their auto insurance than a normal middle aged person. This is because as people age, they gradually lose their neuro motor coordination. Their reaction speeds decrease slowly till finally they may stop reacting to external situations.

  It is important and even required by law that senior citizens regularly get checked for their driving skills. They must prove that they are capable of maintaining a valid driving license. They must show that they still remember all the road … Click here to read more