Auto Insurance Guide Archive for April, 2010

  • Effect of using your personal car for business on auto insurance coverage

    by Hayden Krueger

    Are you thinking of taking up catering as a home based business? It’s a very good idea. Considering that there is a huge number of students and office going bachelors and bachelorettes looking for some home cooked food. But are you thinking of using your minivan which you already own? Well, you will need some additions to your auto insurance policy in that case. You can avail business auto insurance on such vehicles that are used for commercial purposes.

    Almost all insurance companies will not reimburse you for losses that you suffer while using your vehicle for business purposes while owning a personal or private auto insurance policy. You need to own a separate business or commercial auto insurance policy in addition to your regular policy. Or if you have been with a company for a long time and can establish that you are just going to be doing a … Click here to read more

  • Auto Insurance information that all need to know

    by Hayden Krueger

    Auto insurance is a type of insurance one purchase’s on their vehicle in the case of an auto accident or collision. It is there to insure that in the case of a vehicle collision, you will not have to pay all the resulting damages and medical bills from your own pocket, at least not all of it.

    Auto insurance is often required in many countries and states in order to legally drive on the road. This is to insure that in the event of an accident, you are financially sound enough to cover the costs and that it will not financially ruin the other person or yourself. It is basically a safety net required by law.

    How much auto insurance, or whether or not you must have it, will depend on where you live. It can be very high in some areas or very low in others. For example if … Click here to read more

  • Auto Insurance Fraud! What you know can save you!

    by Hayden Krueger

    In today’s world, we are faced with a lot of difficult choices when it comes to our financial responsibilities. A lot of us have to cut back on our budget costs. Some people have unfortunately chosen to go a different route and have decided to commit auto insurance fraud.

    Auto insurance fraud is quickly becoming the fastest growing form of fraud in America and many other parts of the world. People view it has a quick and painless way to make a lot of money. They over insure a vehicle and then purposely create or stage accidents or collisions to collect on the large amounts of auto insurance they are insured for.

    This is a very serious problem and the consequences of committing auto insurance fraud are something you should look at. Not because you may be considering committing this crime, but because you yourself could become a victim of … Click here to read more

  • Auto Insurance Claims: What to do in the event of an accident or Collision

    by Hayden Krueger

    No one wants to think about it, but chances are you will some day find yourself in the position of having to file an auto insurance claim. It might not have been your fault, but you need to make sure that the claim goes through smoothly without any speed bumps as you need to get your money as soon as possible. So, what are some tips for filing a successful auto insurance claim?

    In the event of an accident or collision, your main priority will always be any injuries or deaths that may have resulted because of it. After all you can replace a vehicle and personal belongings, not your health or loved one. Once that has been dealt with, you will need to take some steps to insure everything goes as smoothly as possible.

    Take note of everything around you and everything that is happening. If it is possible … Click here to read more

  • A green ride can save you money on auto insurance

    by Hayden Krueger

    For the past decade or two there has been a surge in green consciousness. People are trying to find new ways and means to reduce their carbon footprint. And thankfully there have been rapid strides made on the technological front, which has opened up possibilities which were previously unheard of. Hybrid vehicles and purely electric vehicles are already available to the common consumer. But since the cost of acquiring such a vehicle is exorbitant, auto insurance companies have started giving out certain benefits for people who own and operate such a vehicle.

    A hybrid car would cost you almost twice as much as an equivalent gas guzzler. It helps that you get some sort of incentive from either the government or other ancillary companies like insurance companies. In fact, in certain states across the country the government is giving out tax rebates on hybrid automobiles. California is a stellar example … Click here to read more

  • What to keep in mind whilst picking out your auto insurance company

    by Hayden Krueger

    Criteria to remember while picking the company

    Everyone wants to get the best when it comes to buying a product- the best service, the best product, the best brand in the business; so why should it be any different when it comes to buying auto insurance? Quality is the keyword. When purchasing auto insurance, many people fail to research whether the company they go with has a good track record of quick and efficient service. The lure of cheap rates lures them and they end up paying dearly when it comes to filing a claim.

    People staying in different parts of the country have to pay different rates for their insurance policies, so a majority of people rate affordability as their number one priority when it comes to choosing their insurance policy. But it just this isn’t enough; the company’s customer support, the financial stability, and many other factors should … Click here to read more

  • Unraveling all about auto insurance

    by Hayden Krueger

    The motivation to research your auto insurance

     Most customers “call the number on the screen” like they are told, or take the number off a billboard when buying insurance. Not only does this prove to be very very expensive, it also proves to be a sham in most cases; yes a sham, because your insurance doesn’t really cover you from all possible aspects. What is the use of buying insurance if you’re not covered when you need it; such insurance can be best described as a parachute with a huge gaping hole in the center. 

    Now what if you have paid a handsome sum for that parachute, makes it so much worse doesn’t it?

    The only consolation of buying a weak product comes from the fact that it was cheap to purchase; this doesn’t hold true for insurance. Most bad insurance plans which are bad in the way that they … Click here to read more

  • How car insurance can help you prevent road rage accidents

    by Hayden Krueger

    What is road rage? 

    In today’s world, there is an increasing amount of stress placed on people- at work, home, pretty much everywhere. People also get stressed while driving; traffic woes are unending, there are loads of people who blatantly break traffic rules adding to one’s frustration. Road rage is a common phenomenon seen these days because of these reasons. In the past, cars were driven for pleasure, there was little to no traffic on the roads. But driving for pleasure today is a luxury that almost no one can afford. Thousands of American drivers get into accidents each year owing to road rage, in addition to verbal spats and physical assaults on the roads. 

    Who is susceptible to road rage? 

    It is mainly individuals falling in the age group of 18 to 35 years. People belonging to this age group are found to be most likely to indulge in … Click here to read more

  • How a single parent can manage a teen driver’s insurance

    by Hayden Krueger

    The teenage years are a strange time for anyone; we’ve all experienced them. Teenagers are like kids inhabiting bodies of adults. There is no greater feeling for a teenager than when he gets his first car. The car, for a teenager signifies independence. But as the parent of such a teenager, it is necessary to also provide your teenager with adequate insurance, at least the minimum requirement put forth by the law. 

    Why is teen insurance necessary? 

    Teenagers are the reason for the most number of car accidents; this is primarily due to their inexperience. They have a higher tendency to speed and also to over-correct, which can be a lethal combination. Because of this, teenagers are very costly to cover when it comes to their auto insurance. For a parent who is divorced, this can prove to be a big challenge. But just because it is a challenge, do … Click here to read more

  • Auto insurance protection against theft

    by Hayden Krueger

    The second biggest investment a person is likely to make after the purchase of their house is a car. Most people today are taking after the Japanese philosophy that you cant drive your house around, nor can you boast to anyone how big your house it; but you can certainly look cool in a good car! Possibly the worst thing that can happen to any car owner is vehicle theft. Thousands of vehicles are stolen everyday and many of them are resold after their chassis and engine numbers have been replaced by fake numbers. 

    Crooked second hand car dealerships pay thieves small amounts like a few hundred to a thousand dollars to steal a car and sell it to them; these thieves patrol the streets and look out for an easy target, once the target is found they observe the person for a few days and learn his or her … Click here to read more