Auto Insurance Guide Archive for June, 2011

  • Getting Cheaper Insurance Coverage in New Jersey

    by Hayden Krueger

    We all heard that the best way to find cheap insurance coverage is to use the Internet. However, this isn’t true, especially if you don’t know what to provide in the online form. Filling out the form blindly won’t do away the expensive fees. Here’s how you do it.

    Before anything else, jot down all the coverage that you need. In other words, you are going to build your own policy from the scratch. This is your ideal coverage where you need to find the lowest rate possible. To get the best deals means to compare and you can do this by getting multiple insurance quotes from different companies. Using the right tools is the only way to obtain cheaper rates.

    Certain things can be done to cut the price of insurance premiums. Here are some of them:

    First, you need to keep your driving record clean. In other words, … Click here to read more

  • Factors Affecting the Cost of Auto Insurance

    by Hayden Krueger

    Auto insurance is all about determining your risk level and from then on, premium rates are derived. In order to get the best policy, it’s important to know what these factors are and how they will affect your risk status. Insurance companies use complicated mathematical calculations and statistical information to come up with the quotes. While the algorithm remains hidden, we have come to know few general factors that all drivers looking for affordable rates should know.

    One of the factors used is the driver’s record. This holds everything from simple fender-benders, over speeding tickets to disastrous fatal crashes. It is also believed that this factor has a significant effect above anything else. This has been proven many times and even insurers encouraged drivers not to smear their records if they want cheaper premiums.

    Without a doubt, insurance claims and traffic citations could raise the insurance premiums in no time. … Click here to read more

  • Where to Find the Best Deals in Auto Insurance Quotes

    by Hayden Krueger

    Nearly all family struggles to find ways to cut down the cost of their auto insurance. Needless to say, but auto insurance is one of those expenses that eat up a big chunk in the family’s monthly budget. And for those who have young drivers at home or not so impressive driving records, finding a cheap auto insurance is quite a difficult task.

    However, finding one isn’t really that difficult, if you know where to look for it. In general, families looking for a cheap insurance quote already have the advantage over individual buyers, since they are buying larger policies; most insurance companies are willing to reduce their rates rather than losing them to their competitors. This is the result of the healthy competition in the insurance world. In addition, you can also look at the offers from different insurance providers and their discounted programs.

    If your family is looking … Click here to read more

  • What’s With the Driving Record to Cheap Auto Insurance Quotes?

    by Hayden Krueger

    We’ve been telling the drivers that if they want cheap auto insurance quotes, they will have to make sure that their driving records are not messed up. Safe drivers are already enjoying this benefit just by being a ‘safe driver.’  Insurance providers are known to give better deals to safe drivers.

    As far as the auto insurers are concerned, good drivers are the people who will be unlikely to file insurance claims, involved in road accidents or collect tickets and citations. If you want to enjoy good rates, you must be aware that even filing a single insurance claim will affect your quotes in the future.

    All drivers are aware of the high cost of auto insurance, the fact that they were once a teenager themselves. Teenage drivers are considered as high-risk drivers, hence, the high insurance rates. Each year, countless of teenagers are involved in various car accidents. Whenever … Click here to read more

  • Is There Such a Thing as Cheap Auto Insurance in California?

    by Hayden Krueger

    You know how frustrating it is trying to find cheaper insurance rates. The high cost of auto insurance even helps you realize how everything seems to be so costly these days. If you live in California, finding a cheap auto insurance quote is somewhat next to impossible. However, did you know that by simply knowing where to look for those quotes will solve the problem? Today, we’re going to talk about how to get cheap California auto insurance rates, so you can save the money wisely.

    One way to save money on California auto insurance is to find the cheapest quotes. First, determine your coverage needs and then start looking. You can either visit the insurer’s website or use a comparison-shopping website. In general, I would suggest using comparison sites as they provide the easiest and speediest method to acquire multiple quotes from different insurers. All you have to do … Click here to read more

  • Insurance Quotes and Your State

    by Hayden Krueger

    We all know that our insurance quotes depend on various factors before reaching those rates. One of them is your address or place of residence. This is because your address helps determine the chance of filing an insurance claim in the future. In addition, state laws differ from each state, which subsequently affects how the claims are processed and carried out. If you are planning to transfer to another place, it pays to know how the insurance companies rate the place in order to manage your premium rates effectively.

    Each state has its own set of minimum requirements. For example, if you drive in California, you are required to have at least $15,000 coverage for personal injury, which differs in Florida at $10,000. You see, state laws directly affect your insurance coverage. Your state’s insurance commission determines the amounts according to what they perceived as the minimum coverage that every … Click here to read more

  • Why Auto Insurance in Men Cost More than In Women

    by Hayden Krueger

    It’s a fact that belonging to a certain demographic or group will result to pay a much more expensive auto insurance coverage. One of the concrete examples we could think of is the difference in the insurance premiums between men and women drivers. Even if they have similar coverage or driving history, it’s clear that men pay more than women do. We can’t help but notice that some men felt they have been penalized, and have demanded explanations for such discrepancy in costs.

    The cost you get from your insurer is not based on pure luck or karma. They use scientific calculations and statistical analysis based on pre-defined factors that compute the likelihood of you involving in an accident. Those who have tipped the scale, the costlier their premiums become. Now you know why young drivers are hammered this way.

    Aside from that, auto insurance companies make use of your … Click here to read more

  • When to Buy a New Insurance Coverage

    by Hayden Krueger

    Auto insurance is an important investment. It protects you from unnecessary expenses that could arise after an accident. If you feel that your current insurer is no longer the ideal one, why not find another one that could provide you with the needed security. But before you do that, consider the following key points below as to when the proper time is to find another insurer.

    The first thing to consider is the potential insurer itself. Obviously, you don’t want to be with a company that’s even worse than the previous. Remember, companies are not created equal, and so you’d want to stick only with a company with a proven reliability and record of accomplishment.

    We don’t talk about insurance every day, so the least to expect is your insurer giving you a hard time in taking care of your insurance claims. It’s going to be an ugly road ahead … Click here to read more

  • Reasons for A Surging Auto Insurance Rate

    by Hayden Krueger

    No car owner in its right mind would love to see his auto insurance rates increase. While most drivers would pay the same amount during and every renewal period, some may not be that lucky enough and face inexplicable rising rates. Here are a couple of reasons why we think your insurance rates have risen.

    Have you recently purchased an expensive vehicle, and you are at your retirement age? Well, it’s a surefire way to increase your premiums. These two factors don’t mix, and, even if they stand alone, both become a sure candidate for the not-so cheap premiums. You might have heard that only the teenage drivers using expensive car models can be slapped with expensive premiums, but you are dead wrong. Age does matter, and unfortunately, your age and the teenage drivers are both on the extremes.

    Teenage driver could mean being inexperienced that quadruples the chances of … Click here to read more

  • How to Deal with Insurance Claims

    by Hayden Krueger

    Other than a reasonable auto insurance rate, the next thing that a motorist should worry is how his insurance company would handle his insurance claims. No one in his right mind dreams of being entangled to a car accident. However, it still pays to know how the insurer will respond to your would-be insurance claims from a minor fender-bender up to a totally wrecked vehicle.

    Many of our agitated drivers are not totally convinced as to how their insurers are carrying out the claim process. They feel that the evaluation and payout processing was never too close from being transparent. And since the decision of the insurer depends entirely in their own interpretations, they feel that they’re living at the mercy of their insurance providers. State laws influence these decisions with regard to whose fault the accident was, hence, the knowledge of fault laws in your state is nonetheless, crucial.… Click here to read more

  • Details Your Insurer Wants to Know After an Accident

    by Hayden Krueger

    Car accidents are not funny and truly an unpleasant experience. Knowing that, people purchase auto insurance to mitigate the possible effects of road mishaps that will be brought into their lives. We know that not all prayers are answered, and when it happens, you ought to know the things you should do and what your insurer is expecting from you. Few of them are below.

    During an accident, check if no one is seriously hurt. Call the police immediately for assistance. Control yourself or your passengers  and calm down. You won’t be able to think properly if you are shaking like hell or raging why it happened. The police will investigate the incident and will ask you questions. The other party will have the chance to air their sentiments as well.  In fact, all people involved during the accident may give their personal opinions as well.

    After a careful deliberation, … Click here to read more

  • Why Insuring Sports Cars Are Ridiculously High

    by Hayden Krueger

    Sports cars are built for speed; sleek design, small compartment and a powerful engine. It’s the ultimate dream for people looking for speed, maneuverability, and fame. A typical sports car model is the one with two doors, but there are manufacturers out there who are making the four door models nowadays.

    If you have spent a fortune to buy your dream sports car, prepare yourself to spend another fortune when paying for your auto insurance. If you have done your homework, you will notice that most sports car owners are scowling at their insurance companies due to the high cost of insuring these types of vehicles. Right from the very start, they [insurance companies] have always been very clear about how they will charge sports cars due to their speed and expensive replacement parts.

    Insurance companies know well that smaller vehicles will suffer the most damage during road collisions. One … Click here to read more

  • What to Expect In 2011 for Auto Insurance

    by Hayden Krueger

    Majority of the Americans will feel the wrath of increased auto insurance rates in 2011. There are several reasons why this would happen. The usual factors involved in the computation such as driving habits or insurance claims would still be there. In addition, the place of residence and the rising cost of hospitalization and other health services all contribute to price fluctuations.

    People who enjoyed collecting tickets or disregarding traffic and road laws will be considered as high-risk drivers. This provokes the insurance company to increase the insurance rates in an attempt to level up the associated risks. Being labeled as a high-risk driver will not be an overnight issue because you will be dealing with it for at least three years. It is the insurer’s discretion to strike out this impression from their records. While you are at it, expect skyrocketing insurance premiums year after year.

    Aside from the … Click here to read more

  • Valid Reasons Why Your Insurer Cancels Your Insurance Policy

    by Hayden Krueger

    Your auto insurance coverage will cover the cost in case of car accidents. You expect your insurer to pay for it; after all, what’s the use of religiously paying for your monthly premiums if you can’t use it in times of despair? But what if you discovered that the policy has been canceled? On top of that, how can you prevent this thing from happening?

    We don’t want you to see in this situation, so in this article, we’re going to discuss few points how to avert this potentially catastrophic situation.

    Lying To Your Insurer. Whether you are deliberately lying to your insurer or not, chances are, if discovered, they can cancel your policy right away. Are you bending the truth in your mileage consumption? Or did you forget telling your insurer that you’ve installed a new component in the vehicle? If you are using your car for business purposes … Click here to read more

  • How to Tell If the Auto Insurance Coverage Is Worth to Keep

    by Hayden Krueger

    Like your home and life insurance, auto insurance is yet another type of insurance that’s not only mandatory (if you own or drive a car) but also worth the investment. The question is how are you going to determine if your auto insurance coverage is worth the dollar?

    These days, you can buy your policy easily. All you have to do is to speak to your insurance agent or use insurance websites, and in minutes, you are already insured. Auto insurance will protect you against future setbacks and accidents related to road mishaps. In fact, certain types of policies cover accidents beyond the collisions such as natural disasters induced accidents. In other words, everything that will happen to you, the passengers, pedestrians, someone’s mailbox, and your vehicle will be covered by using the appropriate policies.

    As mentioned earlier, if you want to drive anywhere in the United States, you need … Click here to read more

  • Still Paying High Insurance Premiums after No-Fault Insurance Claims

    by Hayden Krueger

    Drivers knew that by avoiding accidents or moving traffic violations, they can save money on their auto insurance premiums. In general, this assumption is true and in fact, all insurance companies will encourage you to be a safe driver to enjoy these benefits. Motorists call it proactive driving and instead of doing some silly stuffs and crazy stunts on the road, they do the other way around, taking care not to over speed, don’t use their mobile phones while driving, don’t drink and drive, and so forth. Others even take driving lesson programs or refresher courses just to tell the insurance company, that “Hey! You can’t charge me with that, I’m a safe driver.”

    When these drivers are caught in an accident, the at-fault driver is usually the other party. Our normal assumption would be is that the insurance premiums won’t be affected, after all, the driver did his best … Click here to read more

  • How to Stay Away From Auto Insurance Fraud

    by Hayden Krueger

    Your auto insurance quote is a product of multiple factors consolidated into one. These factors such as your age, place of residence, model and make of your car, etc. are deliberated to arrive at your final rates. Some of these factors fluctuate and each year, the pricing structure is adjusted to reflect these changes. And like the other utilities that you pay, part of your premium covers the investment lost to auto insurance fraud.

    Most policyholders don’t really care about this. In fact, some of them are unknowingly committing auto insurance fraud themselves. To understand why this could have happened, read the points below.

    Auto insurance fraud is classified into two categories: hard and soft fraud. The hard fraud happens if someone intentionally set his vehicle on fire or creates accident scenarios for the sole purpose of filing an insurance claim to collect money. These include making allegations of theft … Click here to read more

  • Finding a New Auto Insurance Provider

    by Hayden Krueger

    Many things need to be considered if you are looking for a new insurance provider. You may have realized that your current provider isn’t what you are actually looking for, or you just want to broaden your insurance options. Either way, you still would end up scrutinizing a large number of choices available to you. Paying too much for auto insurance is not the ideal way to save money let alone landing on a cheap but worthless coverage. With that said, here are simple but effective tips to help you weed the bad apples for the good ones.

    Insurance is not something that we have to deal each day. We use them in times of confusion and disasters. Because of that, you need a reliable insurance company that will assist you to get back on your feet once again. No insurance company will tell you that they are inferior; otherwise, … Click here to read more

  • Why Buying Auto Insurance Online Matters

    by Hayden Krueger

    The Internet is truly one remarkable tool that everyone should take advantage of. It speeds up everything from communication, shopping to services; you name it the Internet has it. Transactions that took days to complete, now takes only few seconds. Using the Internet, we are now able to see what’s happening in the other side of the globe, in real time.

    In the not so distant past, we’re used to wait days or even weeks to get a response from our insurance companies. It’s a tedious and long process, and it’s not even funny. If you want to acquire multiple quotes, you are going to call every single insurer and then go through the same process repeatedly.

    On the Internet, you can still acquire multiple quotes, but, no longer have to be in that situation again. By using comparison-shopping websites, all you need to do is to fill out one … Click here to read more

  • Finding Free And Easy Auto Insurance Quotes

    by Hayden Krueger

    Each year, car accidents continue to claim hundreds of lives and injuring thousands of innocent individuals. Driving a vehicle is one of the most dangerous activities that we humans do. In spite of that, we didn’t stop driving. We confronted the problem head on by implementing stringent traffic and protection laws.

    Based mainly on this reason, many states in the U.S. mandate auto insurance coverage as a compulsory requirement before anyone could hit the roads. If you are caught without one, you will be in serious trouble. The only problem is that there are too many providers popping here and there making it difficult to determine which one is the “one”. With so many options and offers trying to outwit one another, choosing the right one is an absolute overkill.

    The good news is that there are tools that you can use to help you sort out which one fits … Click here to read more