Auto Insurance Guide Archive for May, 2011

  • Understanding Auto Insurance Deductibles

    by Hayden Krueger

    One of the many tips that we usually receive as we try to save money on insurance premiums is to increase our deductibles. You are probably asking the question how to do that, or how safe is that in case you decide to increase the amount. Or what if you had an accident, how will deductible play its cards?

    In this article, we are going to discuss what deductible is, how it is going to impact on your insurance premium costs and to the coverage as a whole, and what possible benefits will it provide to policyholders.

    You may or may not have heard of insurance deductible, or the concept has not been clear to you. Deductible is taken from the word deduction. Deductible is offered as part of comprehensive and collision coverage. During an accident, this amount is taken from your own pocket to finance your repair needs and … Click here to read more

  • The Unusual Auto Insurance Concepts

    by Hayden Krueger

    If you are a safe driver, you wouldn’t worry much or at least paid attention to some of the most unusual misconceptions about auto insurance. However, this doesn’t mean that you’re not going to read the fine print, terms, and policies of your insurance coverage. And since no one knows when accidents do happen, this could put you on a hot seat because of the sheer lack of knowledge.

    With that, we would like you to pay attention with your insurance coverage and to understand what your policy can do and can’t do for you.

    Automatic car rental insurance

    If you had an accident, you could either commute or get a rental vehicle while waiting for your car to be fixed. If you choose to rent a vehicle, most insurance companies don’t provide such coverage automatically. But then again, you can also purchase or add this coverage on top of … Click here to read more

  • How Online Comparison Websites Will Save Time and Money

    by Hayden Krueger

    If we are going to compare the US insurance costs to the other parts of the world, we can tell that it is relatively cheaper. But the real money saver is to use comparison-shopping websites to find the best deals, discounts, or promotions by various insurance companies. If you are using those car models that were deemed as high-risk vehicles such as sports car, SUVs, and others, it pays to do some serious and go over to some sites that could help you find cheaper insurance quotes.

    If you know how to click the mouse button, it is almost assured that you can use the online tools offered by these websites. These tolls will help you speed up in finding a potential insurance company to work with in the future. It’s easy plus all the unlimited resource materials you are getting will save your time in half.

    Forget the days … Click here to read more

  • Couple of Things to Remember When Shopping For Auto Insurance Online

    by Hayden Krueger

    When purchasing for your auto insurance needs, knowing your budget and your coverage needs are the two most important points you need to consider. The next question is to know where to look for insurance quotes? Or perhaps, identifying potential insurance companies to work with? These are just few of the many questions that people are asking themselves when they are on the lookout for insurance coverage. Today, we are going to show you some easy to follow steps you can take in comparing and choosing for the right policy.

    Auto insurance is compulsory if you are planning to drive anywhere in the United States. Each state has its own minimum liability coverage requirements. If you are caught without it, you can be ticketed, spend some jail time or run the risk of losing your license. If ever you get into an accident, and your insurance coverage is not enough … Click here to read more

  • Requesting For Auto Insurance Quotes: No Need for Identifying Information

    by Hayden Krueger

    If you are concerned about your security or privacy when shopping online, you are not alone. In this article, we are going to discuss privacy issues and the possibility of requesting insurance quotes without having to resort into giving your information to insurance providers.

    Basically, requesting for insurance quotes does not need the information you usually provide when applying for a credit card or home loan. You could still avail of affordable insurance rates, even if you do not give out what you perceived as personal data. Because of the Internet and the cutthroat competition that exists in the insurance industry, potential customers could easily request 10 to 20 insurance quotations from different insurance providers before landing on a best deal. Insurance companies know this and to become competitive, most of them are willing to provide these quotations, even if the applicant’s details are fairly limited. They also know that … Click here to read more

  • Do Cheap Insurance Quotes For Teen Drivers Really Exist?

    by Hayden Krueger

    The idea of cheap insurance quotes is very much relative to the individual’s personal opinion. For instance, some families find $150 a pocket change, while the others would struggle to have that same amount. In short, cheap insurance quotes depend on how much an individual is willing to pay.

    Insurance companies are known to use the actuarial tables to determine the policyholder’s level of risks. Accordingly, teen male drivers are usually a lot riskier than their female peers. Until today, we could not find a neat solution except to deal with it. However, it is not the end of the world because there are ways to lower insurance premium costs by following the tips below.

    Have some professional driving training

    There was a time when the driver’s education is being offered in public schools, and the fact that it was free and good quality, many of the teen drivers were … Click here to read more

  • Can You Really Save Money In Pay As You Drive Policy?

    by Hayden Krueger

    It cannot be denied that many drivers these days are looking for the cheapest insurance coverage, which is the reason why many companies are jumping into the bandwagon of offering cheaper coverage. One of the so-called cheap policy is the pay as you drive structure, which is a coverage based on your mileage consumption. So, what really is the pay as you drive policy, and is it cheap?

    Pay as you drive or PAYD insurance policy is no longer a new type of coverage. A handful of states in the US are already using this type of insurance structure years ago. The idea of this policy is to give or reward the drivers have lesser mileage consumption. It is usually carried out by installing a gadget into the car to record the actual mileage and to provide the insurance company with a realistic report rather than pure estimates.

    Today, you … Click here to read more

  • Buckle Up For Affordable Auto Insurance

    by Hayden Krueger

    If you are one of those drivers who are looking for a couple of more ways to pay less on insurance costs, listen up.

    We already know that in most states in the United States, being caught for not wearing a seat belt would result to being ticketed or charged with fines, and at the same time, increase insurance premiums.

    We may not consider the failure to wear the seat belt as a typical moving violation, but the fact that you have failed to comply with the law means that your insurance provider may consider you as a high-risk driver. It is sad to think that there are still people out there who do not realize the importance of seat belts while driving. Countless of lives were saved because the occupants had been properly strapped in.

    When did seat belt start?

    As far as we could trace, safety belts were … Click here to read more

  • Why Getting a Full Coverage Car Insurance Is Good For the Rest of Us

    by Hayden Krueger

    Many policyholders prefer not to get a full coverage insurance policy believing that this type of policy isn’t needed, instead it’s believed that this policy is only adding to their financial problems considering that the economy is still recovering from the effects of the recent recession.

    In reality, not everyone needs such protection. If you don’t spend much time on the road or drive a brand-new vehicle, it is better to choose another type of coverage instead of the comprehensive coverage. On the other hand, there are people out there that need the type of protection that only full coverage policy offers. For example, if you just bought a brand-new car, or you spend a lot of time on the road, it is best to have full protection. The risk level is just too high for you to take for granted.

    You are probably wondering why people that own new … Click here to read more

  • What to Do When Filing an Insurance Claim

    by Hayden Krueger

    We didn’t sign up for auto insurance because we are hoping that something bad will happen to us while on the road. Apart from being required by law, insurance coverage protects us from financial obligations and legal suits.

    To be involved in an accident is the last thing that a driver thinks about when buying a policy but accidents are a reality and dozens of insurance claims are filed each day so, what do you need to do to file an insurance claim?

    Don’t forget to file a police Report – Whether it’s just a simple dent or whatever the case may be, you need to file a police report. Even if both parties agreed that filing an insurance claim is otherwise unnecessary, it pays to have a sort of official record of what had happened. This will save you from potential headaches if the other party decided to file … Click here to read more

  • What If I Modified Car Insurance: What You Need To Know

    by Hayden Krueger

    Modified car insurance is yet another type of car insurance coverage that aims to protect the security needs for all types of vehicles. It does not matter if the car is brand-new, second-hand, or customized. In theory, this type of insurance will fit to just about any type of automobile.

    However, if you think that this insurance does not come with its own set of problems, you are dead wrong. Because of the nature of how this coverage works, fraud claims are rising up each year, prompting insurance companies to take mitigating actions.

    The reason behind this is simple: Anyone whose vehicle is protected by modified car insurance can easily change or replace any insured parts with new ones, which may not be compatible with the other components in the car, increasing the risk element.

    The frauds that are happening behind modified car insurance are rather hard to prove due … Click here to read more