Auto Insurance Guide Archive for 2010

  • Benefits of group auto insurance you cannot ignore

    by Hayden Krueger

    Many feel that the process of searching for a cheap, affordable group auto insurance is too long and highly confusing, and there is a general tendency to look down upon it. But these thoughts are not just outdated; they’re baseless too, as there is the opportunity of choosing an insurance policy that is tailored to your needs. Group auto insurance is the need of the hour in such a circumstance, specially if you have a large family or a large friends circle.

    There are many insurers who offer policies of different types, for example, health, home, and vehicle, within the same insurance company itself. Hence the client has the option of choosing more than just one insurance plan. The most appealing part of group auto insurance is the fact that one can get amazing discounts and packages. However its worth mentioning that combining the policies on your health, home and … Click here to read more

  • Auto Insurance Myths Busted

    by Hayden Krueger

    Rumors and myths are usually floated around about every service or product in the market and the auto insurance industry is no exception to this rule. There are various vehicle insurance myths floating around that scare car owners when ever it’s time to insurance the car. This article will provide information on the top 6 auto insurance myths and also provide facts. 

    The Color of a Car Affects the Premium 

    Most car owners are scared that if they buy red cars or yellow cars their car premium will sky rocket through the roof. This myth is probably based on the assumption that since sports cars are usually red and yellow, all owners who own cars that are of these colors also have to pay a high insurance rate. The fact is that the make, model and condition of your car actually affect your insurance rates and not the color. 

    The Click here to read more

  • Auto insurance if you have a high risk vehicle

    by Hayden Krueger

    Are you in the high risk bracket?  

    Did you just buy that spanking new sports car that you’ve been eyeing all this while? And then later find that it was going to neatly take a large bite out of your bank statement to just insure it? Well, you can take comfort in the knowing the fact that you’re not the only one. There are plenty of others just like you. It doesn’t matter if you have a sparkling clean driving record; you will still fall into the ‘high risk’ bracket, only because of your vehicle. 

    Auto insurance rates are ever rising and it definitely doesn’t seem fair to the consumer, especially if you own a sports car and what’s worse, there seems to be no getting out of the sticky situation. However, you can still manage to considerably lower your premiums if you keep a few things in mind, and … Click here to read more

  • Auto Insurance for Teens with emptying your wallet

    by Hayden Krueger

    Teenagers often wait to turn 16 so that they can drive their first car but most teenagers do not understand that teen auto insurance is expensive. Parents often struggle to tell their children that driving a car is an expensive affair since auto insurance for teens usually costs a lot. This article will help you understand ways you can reduce the amount of vehicle insurance you pay for your teen’s car every year. 

    Compare Quotes and Get Multiple Quotes 

    Most parents feel that auto insurance companies do not want to insure teen drivers hence they opt for the first quote they get. While shopping for vehicle insurance for your teen you need to understand that the only reason insurance companies charge a high premium is because teens are risky drivers. The easiest way to get cheap auto insurance for your teenage child is to take your time and to get … Click here to read more

  • All you need to know about Family Auto Insurance

    by Hayden Krueger

    Your quest for a good auto insurance policy for the family car starts with shopping for insurance. Don’t ever make the mistake of settling for the first quote you get, there are options in the market and you should make use of them. Approaching an insurance agent or broker was the way to go, and for decades they have been helping people derive multiple quotes and save hundreds of dollars. However times have changed and the winner’s choice are websites run by insurance companies and private parties hosting sites where you can get multiple quotes in a fraction of the time. Online quotes are faster, simpler, and save effort spent in traveling to different insurance agents. 

    Auto insurance company’s website 

    Websites like these are funded, operated and maintained by an insurance company. You can request a quote from only that company at a time, and its scope is thus limited. … Click here to read more

  • An indispensible guide to teenage auto insurance policy

    by Hayden Krueger

    Buying auto insurance for teenagers is far more complex than it appears to be. There are websites which specifically help you apply for quotes for teenage auto insurance, and such sites can be a boon in your hunt for affordable insurance. 

    Deciding factors for the premium 

    Insurance companies will consider the teenager’s age, sex, driving record, location, and of course the car they drive. The older your teenager the lower the premium will get, males attract a higher premium as compared to females who tend to be more careful on the road. The teenagers driving record till date (if any) will also be considered; a less than perfect record will result in higher premiums. If the teen is living in a high crime neighborhood, the premium will shoot up as the car will be more susceptible to vandalism, theft and even damage. Certain cars are considered high risk, as they … Click here to read more

  • All of the help you need in selecting the perfect Auto Insurance coverage

    by Hayden Krueger

    Many factors need to be kept in mind before one can venture out to buy an auto insurance policy. One of them is additional coverage. With the continuing slump in the current economy, it is tempting to think of it as illogical, and something that is not required, but the reality is, that one cannot doubt its long term benefits.

    The budget for the auto insurance may or may not be one that is shoe string, but if it is possible to slightly extend the budget, collision coverage should definitely be opted for. This kind of coverage will take on the money required for repairs or complete replacement of the vehicle which is involved in the accident. People who buy their vehicles on loans have to, as a mandate, get this coverage.
    Then there is the comprehensive coverage. In the event that the car of the policyholder or some of … Click here to read more

  • Affordable auto insurance now within your hand’s reach

    by Hayden Krueger

    Auto insurance rates have been going up over the past few months. This is mainly due to the renewed consumption of the American public. The recession is now unofficially over, anyone who walks the streets of down town New York City on a Friday night would know! With an increase in all prices, there is bound to be an increase in the auto insurance rates as well.

    Curbing the increase in auto insurance rates

    The first thing to do when you want to get cheap insurance is to look for it on the internet. There are a number of websites that offer free insurance quotes to the discerning customer. All you have to do is put in your details like name, contact number, address. In some cases you might also have to put in other details like your social security number, vehicle identification number and also drivers license number. It … Click here to read more

  • Which auto insurance coverage is yours?

    by Hayden Krueger

    Auto insurance coverage is required by law in the United States of America. The minimum coverage differs from state to state. If you do not own auto insurance, you can be severely penalized and the penalties can vary from a minor fine to a jail sentence if you are involved in an accident.

    The most basic type of auto insurance policy is third party insurance coverage or personal injury protection. It is a coverage which will provide for all the losses sustained by the other party involved in the accident, but not for your losses. And it is also required that you are the party at fault in the accident. It will not cover you if there is no proof that you are the party at fault. Normally, the other party will litigate in order to prove your fault in the accident. This is natural given that no one will … Click here to read more

  • What you should know about insuring your truck

    by Hayden Krueger

    Most people believe that insuring a truck and a car are the same thing, which can’t be further from the truth. Sure, insurance for both will protect you against collision and acts of nature or vandalism, so yes, there are similarities, but the differences are noteworthy.

    The first and key difference is that most trucks have commercial insurance. Insurance companies generally provide commercial insurance for trucks because most trucks are used for commercial applications. The way insurance companies see it is, if you have a truck, you are going to be using it for commercial work. There are different definitions of commercial application of course; even something such as delivering groceries can be considered commercial application. Trucks can be used for almost anything and everything, including carrying heavy cargo loads. Most trucks on the road are owned by commercial companies, and enterprises.

    Another major difference is the size of a … Click here to read more

  • Unveiling all about month to month car insurance

    by Hayden Krueger

    If you want the cheapest deal possible along with the maximum flexibility, do not look further than month to month car insurance. It is important to plan and budget out your policy in the current economic scenario.

    Conventional car insurance requires you to pay your premium every quarter or every year. And the premium amount might be at times cheaper than going for month to month car insurance. But it is usually a lot more expensive than month to month insurance.

    Month to month car insurance does not require a large deposit initially. Sometimes you do not even need to pay a deposit at all. And it is very flexible because you can stop being affiliated with the policy at any given time. All you have to do is stop paying and inform the insurance company of your decision. When you make your first payment you get a non obligatory … Click here to read more

  • The key to getting cheap modified car insurance

    by Hayden Krueger

    While purchasing the premium for your car insurance, you have the liberty of bargaining for a cheaper price, even though the insurer has the final say in the matter. Surprisingly, even if it a modified car that you’re driving, it isn’t very hard to get your insurer to settle on a better rate. All you have to do is get your know-how of bargaining right when you’re getting affordable modified car insurance.

    Don’t jump into the bargaining fray right away; you will need to know firstly, what the risk factor concerned with your modified vehicle is. If you have extensively modified the engine of your vehicle to give you increased horse power, well, your insurance premium will rev up accordingly. But other measures, such as fitting an anti braking system, or an alarm system, or lock wheel nuts fitted to alloy wheels of your vehicle can significantly bring down the … Click here to read more

  • The benefits of Instant auto insurance quotes

    by Hayden Krueger

    If you are in the market shopping for auto insurance, how do you proceed? Who do you contact? Here is a guide that will help you understand the auto insurance market better and get not only good quotes but an insurance policy that’s ideal for you.

    The auto insurance market is not unlike any other market, it compromises of companies, competition between them, various options, and of course a confused consumer. Insurance companies are making the process of getting auto insurance quotes and signing up for a policy easier in the hope to get more sign-ups and out beat their rivals. However the system doesn’t work as well as it could, most people still don’t go for multiple quotes and just settle for any company they have heard of, or one that has been recommended by a friend, a colleague or a family member.

    The first thing to be done … Click here to read more

  • The secrets to Low Cost Car Insurance

    by Hayden Krueger

    With the current economic condition, and the prices of gasoline inching ever higher and higher, you need to save on everything. Your auto insurance is no exception either. Getting a cheap insurance policy now, has never been so important! In fact, you need to find ways to save money on anything that is related to your vehicle. That isn’t so hard, thankfully. If you’re interested in saving on your auto insurance, read on. You’ll be walked through some simple ways of saving on your auto insurance.

    The first rule to saving is to compare. Compare prices, quotes, everything that you may potentially buy. There are plenty of auto insurance companies out there in the market, each offering different rates for the same. And the rates that two companies can quote can differ a lot. So be sure to get at least around 5 to seven quotes from different auto insurance … Click here to read more

  • The benefits of group auto insurance

    by Hayden Krueger

    Man is a social animal, and since time immemorial has been one. A pack of ten people surely outweighs one standalone person. Can this be extended to auto insurance too?
    Let’s find out.

    Thousands of people have group insurance plans, despite this, it is rapidly gaining popularity, and for good reason. When you approach an auto insurance company as a group, the auto insurance company sees two things; one is a lot of policies, and a longer customer retention opportunity.

    When you sign up for a group policy, the company gets say, 5, or 10, applications at a time, and these policies are most likely to be continued in years to come, surely most people from the group will enjoy their services enough to convince the people who would like to change, if there are any. Insurance companies will gladly share a part of the fortune you are about to … Click here to read more

  • The significance of analyzing insurance quotes

    by Hayden Krueger

    Even as you read this article, people are wizening up to the need for them to collect multiple insurance quotes, compare, and then make an informed decision. Applying for multiple quotes is one thing, settling for the cheapest one is another, and choosing the one that will deliver the best bang for the buck in the long run is another.

    You will soon learn the secret to picking the one that’s best for you, and your applications. Insurance quotes are feely available and you should definitely consider at least five to six quotes. Now what’s left is to analyze the quote you have received. First things first, make a list of pros, and cons of each quote, go through the fine print, its got a lot of important information you need to know about. No one likes going through the fine print of so many policy documents, however it is … Click here to read more

  • Benefits of full coverage car insurance

    by Hayden Krueger

    As of today it is mandatory to have some form of auto insurance in the United States.  Driving without insurance, or with insufficient insurance, leads to heavy penalties, suspension or cancellation of your license and registration, or even jail time. The rules are imposed upon us by the government not for their benefit, but for the benefit of us, the citizens of the nation. 

    The government of each state prescribes a minimum amount a vehicle can be legally insured for, this is called the state minimum, and should only be used as a yardstick for legally adequate insurance, such insurance is no where near adequate in real life situations, and will have you spending huge wads of cash out of your pocket. 

    There are way too many subcategories to chose from, much to the plight of the average insurance seeker. Going through fine print isn’t everyone’s cup of tea, so … Click here to read more

  • The auto insurance company that is the best for you

    by Hayden Krueger

    When looking for auto insurance quotes, to get the best, you must approach the best- the best auto insurance company that is. There are plenty of auto insurance companies in the market, and you can learn more about them and the prices they offer, on the internet. Most of them have websites, so it isn’t really necessary to go to their offices. If you start off with a detailed search, you will get the best offers by the best auto insurance companies.

    Renewing your auto insurance or buying a new one is a good idea; but before you do so, choose a reputed company so that you will be assured of good service, coupled with a cheap, affordable price. You may think that such companies do not exist, and even if they do, are extremely hard to locate, but in this global village, everything and anything can be found out … Click here to read more

  • Should you get Gap auto insurance?

    by Hayden Krueger

    Most people buying a new car don’t understand and presume Gap insurance to be a costly and complicated affair. If you spend a little time to understand how it works, it is quite simple really.

    Before we plunge right into it, let’s understand what Gap insurance is. With the exception of property, most assets are prone to depreciation. The car once used, depreciates in value, by about 25% once it leaves the showroom. Insurance companies calculate the payout in the event of an accident based on this depreciated value of the car. Cars are either termed as slightly used, and used. The distressing part about this is a car that’s been driven for even five miles is considered slightly used and its value in the market depreciates.

    For example, let’s say you bought a new sedan or station wagon, and just rolled it out of the showroom, on the way … Click here to read more

  • Know more about availing student car insurance

    by Hayden Krueger

    The life of a student in today’s times is very different. Students, today, drive to school and that too with their own cars. With the demand for quality education skyrocketing, many students find themselves in a situation where t hey have  to travel far and wide to study in esteemed universities, and so the need to own and drive an automobile is intensified. All students will agree that attaining that degree is no easy task, and is definitely not easy on the wallet either. There are projects to do, assignments to complete, excursions to go to, fees that need to be paid, in addition to the need for daily allowance. Thus the need for cheap student car insurance is strongly felt amongst youth.

    As a young driver, do not make the mistake of not paying the bills you can’t, paying just those you can, and then waiting for lower premium … Click here to read more