Auto Insurance Guide Archive for July, 2011

  • Obtaining auto insurance discounts in the state of California

    by Hayden Krueger

    Although auto insurance is expensive, especially in a place like California, there are a number of ways where you can save around 40% on your auto insurance premiums by just following a few important tips. If you follow these tips you can easily apply the discounts on your policy.

    Auto insurance in California is one of the most expensive when compared to the rest of the nation. California is expensive in many areas, but auto insurance is one area where you can save a considerable sum by opting for some changes in the insurance cover. The best way to shop for insurance is to get online quotes. Then do comparisons before you decide to purchase the insurance cover.

    In the state of California as per state laws you will need to purchase liability cover. Under this coverage the policy will cover the damages caused to another vehicle or property if … Click here to read more

  • Key parameters that can help you save on your auto insurance premiums

    by Hayden Krueger

    Auto insurance is mandatory and if you have to drive legally, you will require at least the minimum coverage that is prescribed by the state. Most states require the motorist to have the minimum liability coverage on their vehicles. Due to the rising costs, and the cost cutting measures, more and more people wish to know how to save on their auto insurance premiums without breaking the law. There are many who think purchasing auto insurance is an unnecessary expense, but that is absolutely inappropriate. Auto insurance is a part of every household budget, but this can also be an area where you make a considerable savings as well. If you follow a few simple tips, you can easily keep the costs down. The cheapest policy need not always be the best though.

    The lower the liability limits, the lower would be the costs. The minimum liability limits vary from … Click here to read more

  • Coverage types that can offer complete protection to your car

    by Hayden Krueger

    Due to the rising costs these days, people are looking at ways and means to save money in one way or the other. Some have found shortcuts to saving money without realizing the seriousness of such an act. There are a number of uninsured drivers who are driving around illegally in the US. Although drivers need some basic insurance coverage in order to be able to drive around legally. There are a still a huge number of uninsured drivers on the road. Almost all states in the US have a minimum coverage that is mandatory as per state laws. Despite the fact that driving without insurance is risky, there are many who think that purchasing insurance coverage is an unwanted expenditure.

    Insurance coverage is mandatory and it is important to take out a policy in your interests. Having adequate coverage will actually help in saving a lot of money in … Click here to read more

  • Simple tips that can help you save dollars on car insurance coverage

    by Hayden Krueger

    If you have a car and use it on a regular basis, there is no way you can overlook the importance of availing a valid auto insurance coverage. This coverage is imperative if you want to ensure you stay protected at all times while at the wheel. Most people ignore the need for auto insurance in order to save money. This can prove to be disastrous because you will not only be fined and jailed for violating the law; you will also be at financial loss in case of any accident or theft. Hence, instead of ignoring the need for this coverage, you can find ways in which you can stay covered without burning a hole in your pocket. Here are some key tips that can help you find policies at affordable rates.

    The easiest way to keep your insurance costs low is by using the car only when needed. … Click here to read more

  • Basics of auto insurance to ensure you purchase the right coverage

    by Hayden Krueger

    If you have to drive around legally in the US you will have to obtain auto insurance coverage as it is mandatory in most states. Although the rules might vary from one state to another, it is important to have the minimum auto insurance coverage as prescribed by the state.

    However, you may choose additional coverage depending on the risks you wish to cover. This would depend on the value of the vehicle you want to insure. If you have a brand new vehicle which is worth a huge sum of money, it makes sense to take the add-ons. But if you have a vehicle that is not worth too much, you can opt out of the add-on coverage and just take what is necessary. Most people make the mistake of taking additional coverage which is most unnecessary as it will increase the premium costs. While purchasing the policy it … Click here to read more

  • Various types of auto insurance coverage’s you can choose

    by Hayden Krueger

    An Auto-Insurance is usually obtained to cover costs and damage-repair in case of unfortunate incidents like accidents, theft, natural calamities. But not all auto-insurances cover costs and repair-damage although that is the kind of insurance that is most prevalent. There are various types of coverage options for customers to choose from. This is to ensure that everyone can take an auto insurance coverage which they think is most apt for their needs and circumstances.

    The following will brief you on the most common types of auto insurance coverage.

    Liability Insurance

    This is your basic insurance which insures your car and pays for the damage caused to you or by you. The law requires you to have a minimum amount of Insurance on your car. Here the “liability” means that the highest amount the insurance company will reimburse in case of an accident. If the amount is higher than the “liability” … Click here to read more

  • Information that can help you buy the right coverage

    by Hayden Krueger

    Buying a car brings with it a whole new set of responsibilities. A valid auto insurance coverage is a must in order to drive legally on the roads. This coverage ensures complete protection in case of any mishaps or if the car gets stolen. While most car manufacturing companies offer complimentary coverage as a part of the package when you buy the car, it lasts only for a year. On the expiration of the complimentary coverage, it is imperative that you buy the coverage of your choice from one of the many auto insurance providers eager to cater to your needs. Signing up for the right type of coverage for your car includes shopping extensively till you find the right deal without any compromises. Here is some information to help you simplify the process.

    State minimums: Most states will have a mandatory law on having car insurance, but the … Click here to read more

  • Role of geographical location in increased auto insurance rates

    by Hayden Krueger

    Automobile owners can never plan their monthly budget without taking the insurance premiums into consideration, since it makes a substantial part of every month’s expenses. There are many factors that affect in premium rates for every individual. No two individuals can get the same quote when it comes to insurance premiums, since every policy is made specifically for the applicant’s unique requirements. There are factors like driving records, car model, car make and so on that can change over a period of time altering the premium rates. But in most cases, there is one factor that remains constant at all times in most cases, and that is the geographical location of the policy holder.

    Insurance companies that belong to different geographical locations have different insurance quote for the same model of the car, the same driving record, and all the other same details. The reason for this diversity is the … Click here to read more

  • How to obtain the best auto insurance discounts

    by Hayden Krueger

    Every automobile user will classify for some form of auto insurance discounts when applying for a policy. Understanding more about different available auto insurance discounts and streamlining the policy according to the requirement can help in getting a good deal with respect to the insurance policy. There are many discounts that insurance companies give to applicants to encourage them to buy more coverage from the insurance companies. While it may mean that the premium rates will be more than that with the bare necessity, having enough coverage is always necessary to be on the safer side when an unforeseen circumstance is met with.

    Senior drivers and student drivers invariably pay more premium than other drivers, because insurance companies consider them as higher risk than other drivers, even if they have clean driving records. People with defective driving records pay higher premium rates than all other drivers, because of the traffic … Click here to read more

  • Effects of driving on the insurance premium rates

    by Hayden Krueger

    Insuring cars is very necessary for the prime reason of protecting them in the event of damages due to collision. Insurance companies pay out the decided sum of money to the damaged cars in order to repair the damages, or replace the car in case of irreplaceable spare parts. Naturally, the premium rates of the insurance companies depend on a lot of facts that has to do with the individual’s driving records, and the driving conditions of the particular area. Driving record and traffic rules are one of the deciding factors of the insurance premium rates, and the reason why the premium rates of two different regions is never the same.

    Driving conditions is not necessarily in control of the individual applying for the insurance, but most definitely, the driving record of every individual is his or her own responsibility. A bad driving record means high monthly premium rates until … Click here to read more

  • Five ignored factors that affect insurance rates

    by Hayden Krueger

    A lot of people try their best to negotiate for the best insurance rates in town. However, quite a few car owners ignore factors that could affect their insurance rates in a massive way. A holistic approach and some smart thinking could ensure that you get a better auto insurance rate compared to others with similar vehicles.

    The car you bring home

    Very few car owners correlate the cost of their car with the insurance premium they are going to pay. However, if keeping your insurance premium is one of your priorities, especially with other costs like kids’ education and house mortgage, you need to start thinking before you get the car from the showroom. An expensive car, with spare parts that are difficult to find, will increase your insurance premium cost too. Cars which cost less in terms of service and maintenance as well as damage repairs will often … Click here to read more

  • Auto insurance coverage types and when you need them

    by Hayden Krueger

    There are several different types of coverage that are offered by insurance providers on your auto insurance policy. Depending upon the coverage, the risk is calculated and the auto insurance premium is accordingly determined. Here are some of the different types of coverage that you can ask for from an insurance provider.

    Liability insurance

    Liability insurance is considered mandatory by law. This offers damage cover for liabilities forced on the other party involved in an accident that was caused by your fault.

    Comprehensive coverage

    This is not mandatory. However, it is really important for a car that is new or has a high market price. This offers coverage for physical damages to the car caused by natural calamities like earthquakes, cyclones or floods. You will also receive coverage for damage caused by fire, theft, vandalism and other unforeseen events like a tree falling on your parked car.

    Collision coverage

    This … Click here to read more

  • Auto insurance basics and steps to getting a good policy

    by Hayden Krueger

    Getting an auto insurance policy is not a very difficult task. However, getting a policy that suits you and doesn’t cost you a lot either, needs some research and investment of time. Here are the steps that you could follow to ensure that you have a good coverage protection at a manageable rate.

    Use online resources and shop for insurance policies

    You can use various websites, to check the current market prices as far as auto insurance policies are concerned. There are sites which will let you use insurance calculators to find out what you need and how much it will cost. Several sites also provide comparisons of auto insurance premiums based on the policies they are offering. By shopping for the policies, you will get a good idea of what you need and how much you should pay for it.

    Online, agent or insurance provider’s office

    The cost of … Click here to read more

  • 10 useful and pragmatic tips to save on car insurance

    by Hayden Krueger

    Saving on car insurance doesn’t begin or end at finding a cheap insurance. Saving on car insurance is an ongoing process that starts from the first day you drive your own vehicle, after you get your license. Here are some practical tips on what to do, to ensure that you get the best rates in town.

    Guard your driving record

    Keep your driving record free of any accidents, traffic violations and speeding tickets. A clean driving record gives the impression of a careful driver and insurance companies love such car owners.

    Avoid claims as much as possible

    True, insurance is for coverage. However, you will often save more on your premiums by not claiming for minor repairs than you would save through insurance claims. As you make claims, your premiums go higher automatically, as insurance companies will perceive you as someone who might be involved in frequent accidents.

    Drive less Click here to read more

  • 7 aspects on which auto insurance discounts are available

    by Hayden Krueger

    As inflation is rearing its head, everyone around is trying to save money wherever they can. Insurance premiums are one of the places where it is possible to lower your cost. Auto insurance premium is something that you can target. The key is to identify areas where you can negotiate for discounts with the auto insurance provider. By shopping around for good policies, you will also be better informed about the market rates. Here are some things where you can expect discounts from the insurance provider.

    Senior citizen

    If you are a senior citizen, with driving certifications, you will be less risky for two reasons. You are more responsible while driving and you are less likely to drive a lot, especially if you don’t commute to office anymore. Hence you can negotiate with the insurance provider for a discount.

    Credit records

    If you have an excellent credit history, you will … Click here to read more