Auto Insurance Guide Archive for March, 2011

  • Finding Cheap Auto Insurance in Georgia

    by Hayden Krueger

    Cheap auto insurance in Georgia is real, as long as you know where to find it.  Since, it isn’t as expensive as California, insuring your vehicle should be as easy as pie, The national average is pegged at $200 or less.  Even if you live in Atlanta, you can still find reasonable rates for your car’s coverage.

    Finding the Cheapest Auto Insurance

    If you really want cheap insurance, then go for the state’s minimum requirements. The limit structure is 25/50/25, which means $25,000 coverage liability per person, $50,000 for bodily accident per accident and $25,000 property coverage per accident.

    In Georgia, uninsured motorist coverage is not compulsory, but if you like, you can purchase this additional coverage very cheaply. At their own discretion, lenders may require additional coverage to protect against theft, vandalism or fire.

    The associated risks will have a huge impact when it comes to insurance premiums. Some … Click here to read more

  • When Affordable Insurance Coverage Becomes Costly

    by Hayden Krueger

    Whether we like it or not, most affordable or cheaper insurance policies will not give you the full protection that every driver need. This will open up a whole door of opportunity for financial obligations to get into. There are unusual situations that could possibly lead you to think that affordable policies are indeed, worthless.  The question can  you afford to cover what an affordable insurance coverage will be unable to provide? If your answer is yes, clearly a budget insurance policy is all you need. For those who have answered no, here are a few situational reports where you need to reassess your insurance coverage.

    Hit by an uninsured driver

    Some people are deliberately getting rid of their uninsured motorist coverage. This is only understandable because dropping off the supposedly unnecessary coverage will reduce the insurance premiums. However, do keep in mind that many policyholders have had regrets why … Click here to read more

  • How Accidents Will Affect Your Insurance Costs

    by Hayden Krueger

    The reason we buy insurance coverage is due to our needs to be protected while on the road. However, you might feel a slight pinch if the reason of your increasing insurance premiums is due to an accident. You think that insurance companies are becoming unfair because of such practice. First, let us understand the whole concept of insurance by reading the article below.

    It is a fact that getting involved in an accident will have a huge impact on your insurance premiums. This has been the practice ever since to remind people that getting into an accident is a costly mistake. Now, auto insurance companies calculate the premiums based on the level of risk that you currently have. It means that the higher the risk, the higher the likelihood of you getting into an accident and them (the insurance company) paying for all the damages incurred. To hedge the … Click here to read more

  • Auto Insurance Cost for Older Vehicles Could Raise Up

    by Hayden Krueger

    For many years, older vehicles usually end up with cheaper insurance premiums because they were less likely to be targeted by thieves. Unfortunately, a recent study has indicated that thieves is now targeting cars aged 20 years and older. This is disturbing news because this could potentially raise the existing affordable insurance rates enjoyed by the policyholders. Additionally, even cars between 14 and 20 years old are burglarized as well.

    Now that these types of vehicles have become the target of thieves, as a policyholder and owner, the liability only policy might no longer be appropriate for older vehicles, and that you need to find ways to get some replacement in case your car becomes the victim. In this article, we are going to give you some tips to save money as well as to find a potential insurance company that will provide you with the said coverage.

    Comparing auto … Click here to read more

  • Auto Insurance: Marriage Affects Insurance Prices

    by Hayden Krueger

    I am not sure if you have already heard this idea that getting married will affect your insurance costs. If you are wondering if such belief has something to do with your insurance prices, stick around.

    Most insurance companies allow marriage couples to combine their policies under one account. If you do so, expect that there will be changes that you will notice such as additional discounts, benefits, and possibly other perks. However, it is not a universal principle that combining policies will automatically get you those benefits. It would still depend on your driving records, residence, work, and so on. Combining policies will also enable marriage couples to manage easily their insurance needs and obligations under one roof.

    As mentioned earlier, combining policies to find cheaper rates is relatively difficult if one or both of them have problematic driving history. It is also possible that if one couple has … Click here to read more

  • Affordable Car Insurance for Young Drivers

    by Hayden Krueger

    Affordable or cheap auto insurance is possible if you know where to look for and what you need. If you put a little effort, in terms of your research, you will be able to find one in the least possible time. In general, drivers below 25 years old are usually considered as high-risk drivers, hence, their expensive premiums. The good news is that you can reduce these rates if you apply the tips that you are going to learn below.

    Teen drivers are automatically considered as high-risk personalities. If we are to compare their rates to experienced drivers, we can tell that insurance companies have grudged on them. However, this is far from the truth because insurance companies are using statistics and tables to determine the risk levels of individuals. Statistically, many of our teen drivers are involved in car accidents each year resulting to their skyrocketing insurance costs. In … Click here to read more

  • Texas Liability Insurance

    by Hayden Krueger

    If you want to drive in Texas, you need to have auto insurance coverage. All the residents in the Lone Star State would have to follow the laws that encourage them to become responsible motorists in terms of being able to pay possible damages in an event of a vehicular accident. An automobile policy is therefore, mandatory. Nearly all states in the US require a minimum protection known as liability coverage that contains specific limits, which needs to be met to drive legally in that particular state.

    In Texas, the minimum liability injury is set at $30,000 per person, $60,000 on a single accident, and $25,000 to cover property damages. These figures took effect last January 1, 2011. This means that during an accident, the expenses and damages incurred to the other party will be shouldered by the at fault driver’s insurance company based on the amount mentioned above.

    The … Click here to read more

  • Paying For Insurance Coverage by Installments

    by Hayden Krueger

    Many people cannot afford to pay the full price for insurance; therefore, the ability to pay monthly payments is the most preferred option. This will allow anyone to receive the product or commodity for relatively low initial budget outlay. Using credit to get the things that we want to have is no longer a new thing because it has been practiced for many years already. Such method is now being applied in purchasing insurance, though most of the people have opted to use it on short-term policies only.

    For those who are planning to switch insurance providers usually end up selecting short-term policies to avoid paying the unnecessary cancellation fees. In this manner, the insurer who is receiving a credit purchase will not receive the full payment, which means that both the cost and profit are not realized yet. Most of the states in the US have certain laws to … Click here to read more

  • Effective Ways to Decrease Your Insurance Rates

    by Hayden Krueger

    All policyholders want to reduce their insurance premiums. Without a doubt, insurance coverage is probably the most important investment one could make, but if you are on a shoestring budget, you seriously need to find the right amount of coverage without having to spend a fortune.

    Insurance coverage is mandatory to anyone who drives a vehicle. However, many drivers don’t feel its importance and felt that being mandatory is too much to bear with. In turn, they resort to find ways to reduce their expenses, some even dropping their coverage, risking their own lives and others. It’s rather unfortunate to think that many drivers, being obliged to buy insurance, will do everything not to do it or at the very least buy those extremely cheap policies. They did not realize the consequences of driving without insurance coverage and the possible headaches that they will be facing in the future.

    The … Click here to read more

  • Dealing With Cheap Auto Insurance

    by Hayden Krueger

    In this time of the year, nobody really wants to pay more on anything. Economic uncertainties have not left America just yet, which is why people are exploring and looking for ways how to extend the value of their money. Auto insurance is mandatory in most states in the US, but that does not mean that you have to pay so much for it. If you are the budget conscious type of person, then this article is right for you.

    It is good to know that you can apply the things that will be discussed in this article to find an affordable policy, which will subsequently decrease your expenses with regard to auto insurance. Of course, you need to search for insurance quotations from various companies, which will enable you to compare their coverage, benefits, discounts, and so on. Once you have this information, you can then select the particular … Click here to read more

  • Auto Insurance Comparison: Ways to Save On Coverage

    by Hayden Krueger

    The first thing you should do is to identify your insurance coverage needs. Afterwards, you can now start to do some serious insurance comparison. However, sometimes it gets tricky, and to resolve this issue is to follow the three things that I will be discussing below.

    Collect your information

    You need to know your driving history. For example, how many tickets you received or insurance claims you made over the last 2 to 3 years? What is the status of your driving history? Is it squeaky clean or a messy record? Whether you believe it or not, it is really possible that the driving records can be recorded wrongly. This is the reason why you need to check the record violations or better yet keep your own record of any road violations you have committed. Auto insurance providers will usually give you expensive insurance quotes so it pays to check … Click here to read more