Auto Insurance Guide Archive for September, 2011

  • Student drivers – premium rates to suit the budget

    by Hayden Krueger

    Teen and student drivers sure enjoy buying their first cars, but it is harder to shop around for insurance policies that offer enough coverage and still are affordable for students. They have to carefully plan out their expenses to accommodate the premium rates, since teen drivers have to pay higher premium rates than the other drivers. Since teen drivers are statistically shown to be risky drivers on roads, insurance companies usually fix a higher premium rates until they become experienced drivers. Since it takes time to establish a clean driving record and gain experience driving, teen drivers must find out other ways to get discounts on premium rates.

    Teen drivers can choose to drive safer cars instead of choosing fancy models and sports cars. Insurance companies give special discounts to drivers who drive cars that are considered to be safe according to insurance companies.  Safer cars are known to have … Click here to read more

  • Traffic offenses and their impact on premium rates

    by Hayden Krueger

    Auto insurance is a mandatory requirement when driving on the roads of USA. Since every driver has to have insurance, it is a big business and there are many companies to choose from. Finding the insurance policy that does not cost a fortune is the challenge that many vehicle owners face. There are many factors that the auto insurance premiums depend on. Some of them are not in the control of the policy holder, like the geographical area of residence, and the statistics that the insurance companies follow in order to decide the premium rates. But there are some factors that the drivers can control, like following the traffic rules.

    Different states have different insurance requirements, and the premium rates are priced differently. But the one thing that is common is the fact that with the increase in traffic offenses, the premium rate of the individual is hiked regardless of … Click here to read more

  • Teen drivers – how to reduce sky high premium rates

    by Hayden Krueger

    Buying the first car comes with the responsibility of finding and affordable insurance plan. Since driving requires mandatory auto insurance in USA, finding an affordable way to pay for the insurance is necessary. This is particularly true for student and teen drivers, since they have to pay out higher premium than drivers with experience. Teen and student drivers are considered more risky drivers on road, according to the statistics that the insurance companies refer to. Teen and student drivers may be considered risky for the following reasons:


    Teen and student drivers lack the experience required to drive well on the roads. Experienced drivers have the instincts to avoid mistakes of other drivers on the roads as well, which keep them safe on the roads. Teen and student drivers learn by practice and the initial learning period can make them risky drivers on the roads according to insurance companies. But … Click here to read more

  • Discount on insurance premiums for senior drivers

    by Hayden Krueger

    Auto insurance companies have different criteria when they decide upon premium rates for different drivers, and one of them is the age of the driver. Senior drivers and teen drivers need to pay higher premium rates than the rest of the drivers, according to the insurance company rule book. This holds true even if senior driver applying for the insurance policy is an experienced driver and has been driving for many years. There are many reasons for this but there are ways to counteract this clause and reduce the premium rates.

    Senior drivers are considered risky by the insurance companies because they have low reflexes. This may come in the way of reacting faster in avoiding other driver’s mistakes on the roads. When driving, it is not only important to follow the traffic rules, but also important to drive defensively. Taking defensive driving lessons can help effectively in reducing the … Click here to read more

  • Student Insurance Policy – Tactics to Lower the Premiums

    by Hayden Krueger

    Auto insurance is one of the biggest industries in USA, since every car that is driven on the road in USA must be insured. Every one shops around to get an insurance policy that does not have sky high premium rates. Insurance companies have very specific rules when they fix insurance premiums. These premium rates are different for every individual driver, and depend upon the requirements of individual drivers. Insurance companies charge higher premium rates for teen and college drivers than other drivers, based on the statistics they follow. According to the insurance companies, teen and student drivers are risky drivers than the others due to many factors.

    Student drivers are drawn towards fancier car models, and high speed cars. This can increase the risk of accidents on the road according to insurance companies. Buying a car that is considered safe on the roads can effectively make up for the … Click here to read more

  • Senior auto insurance – how to manage the premiums

    by Hayden Krueger

    Buying the auto insurance is a major expense, particularly for senior drivers since they have to pay higher premium rates than other drivers. The reason behind this is that the insurance companies consider senior drivers and student drivers to be risky on road. The assumptions that the insurance companies make are usually based on the previous statistics on the road accidents and the average age group of the drivers. According to the insurance companies, the senior drivers are risky due to the following reasons:

    • Although they have experience, senior drivers have low reflexes and therefore cannot come to quick decisions on the roads while driving.
    • Senior drivers may not have experience in avoiding the other driver’s mistakes on the road.
    • Senior drivers may have poor eye sight or other limitations which may interfere with their driving skills.

    All these factors are responsible for the higher premium rates charged by the … Click here to read more

  • Effects of traffic violations on premium rates

    by Hayden Krueger

    Auto insurance is very necessary to protect the vehicles on road, in the event of any unforeseen circumstances. Since auto insurance pays for the damages resulting from collision or other accidents, the driving record plays an important role in deciding the premium rates for an individual. Insurance premiums differ for every individual and it depends on a lot of factors. Most important factors deciding the premium rates are the model and the year of manufacture of the car, geographical location, and the driving record of the individual.

    Every traffic violation has an impact on the driving record of the individual. Since the driving records are tracked actively by the insurance company, when the policy holder makes a violation it is recorded by the company. Depending upon the kind of violation, the premium rates of the policy holder will be increased until the driving record is cleared again. Every small traffic … Click here to read more

  • Useful tips to save money on auto insurance

    by Hayden Krueger

    Auto insurance is a must for all motorists who wish to drive around legally in the US. Driving without valid insurance can get you into serious trouble, where your license may be suspended. So, it is important to obtain auto insurance if you wish to have a clean driving record.

    However, there are a few important things that you need to know when you purchase auto insurance. Auto insurance is something that you should purchase, but not use. The whole aim is to ensure that you keep your claims history as clean as possible in order to keep the rates low. You should ideally file a claim only in case of a major accident where the losses are so huge that you can’t handle it.

    Many people assume that purchasing an auto insurance policy is an expensive affair, but that is not true. If you follow a few simple tips … Click here to read more

  • Simple ways to avail auto insurance discounts

    by Hayden Krueger

    Auto insurance is a must in all states in the US and there is nothing you can do to avoid that. The minimum prescribed might vary from one state to another. While it is a known fact that auto insurance is quite expensive in some states and is least expensive in the others, purchasing insurance is in your interest more than anything else. So, there is no point in pondering over whether or not you need insurance. Being uninsured or underinsured could in fact, get you into some serious trouble.

    A better way to go about auto insurance would be to avail the discounts by following a few tips. There are a number of ways in which you can avail discounts in your auto insurance premiums. When you decide to purchase an auto insurance policy, there are a whole lot of factors that are taken into consideration while calculating your … Click here to read more

  • Distracted driving laws and use of cell phone while driving

    by Hayden Krueger

    Distracted driving is something that seems to be causing serious problems in the US. Thousands of people become the victims of distracted driving every year. Accidents are caused mainly due to distracted driving. While some people get killed, the others suffer serious injuries as a result of this.

    These accidents are caused mainly due to talking on the cell phones or due to text messages while driving. This has become a huge menace and seems to have reached dangerous levels. States are trying hard to deal with this problem. Statistics show that there is a steady rise in the number of cases of distracted driving and states are embracing laws that regulate cell phone use while driving. Distracted driving is not only causing harm to the person behind the wheel, but is also putting pedestrians and fellow motorists on the road under serious risk. This is something that cannot be … Click here to read more

  • Critical factors that affect auto insurance rates

    by Hayden Krueger

    Each state has its own set of rules and regulations pertaining to auto insurance. The Insurance commissioner is the one who decides the minimum required for each state. Since, every state wants its residents and pedestrians to be safe on the roads, the rules have been written specifically for each state in order to protect the motorists on the highways. Hence, purchasing an auto insurance policy is in everybody’s interest and is mandatory.

    Some states decide the mandatory minimum liability rates according to the financial responsibility laws. In these states, the driver has to show proof that he/she has the financial resources to make the payment in case of any damage that is caused by the driver of the vehicle.

    There are a number of factors that affect auto insurance rates such as:

    • Age – According to the available statistics, drivers who are below 25 years of age are considered
    • Click here to read more

  • Basic coverage and definitions that you need to know

    by Hayden Krueger

    Auto insurance is mandatory in all states in the US and if you have to drive around legally anywhere in the US, you will need auto insurance coverage. Any standard auto insurance policy will have different types of coverage. The premium will be charged based on the coverage you choose. In order to arrive at the right type of coverage you must ideally contact your insurance carrier or your insurance agent. Make a list of things that you would want in your policy and the insurance provider will be able to suggest the right type of coverage.

    Very often it has been noticed that most people are either over insured or underinsured. Both these have their own disadvantages. Hence, it is important to have adequate coverage. Each state has its own minimum coverage which is mandatory. However, that will never be sufficient in case you want to file a claim. … Click here to read more

  • Simplifying the process of buying auto insurance online

    by Hayden Krueger

    An auto insurance policy is a coverage that offers you financial respite in case of any mishaps. One of the most challenging aspects though, is choosing the right type of coverage that not only guarantees you to financial respite, but can also be purchased at prices that are not too heavy on your pocket. While in the past people had no choice but either visit the offices of the insurance providers or place numerous telephone calls to find the right policy of their choice, today the process is made simple, thanks to the advent of the internet. In fact, most of the policies that are sold today are sold on the internet. It is extremely simple to buy the auto insurance policy online if you know the right steps to follow.

    The first step is to first take a look at the various insurance providers in your region and visit … Click here to read more

  • Simple tips to choose the right auto insurance provider

    by Hayden Krueger

    It is not just the task of choosing the right type of auto insurance policy that is time consuming and laborious, even choosing the right auto insurance provider can be equally challenging. It is true that there are a number of auto insurance providers today, but this only adds to the complexity since it is makes it tough to choose the credible ones from the not-so reliable ones. But, if you want to be assured of financial assistance in case of any mishaps, then it is imperative to choose the provider who can give you nothing short of the best. Here are a few tips to choose the right provider to purchase your policy from.

    The first thing to look out for is whether the company you are interested in taking the policy from has the relevant license. Every car insurance company catering to services of customers in any region … Click here to read more