Auto Insurance News Archive for March, 2011

Be prepared to pay more for car insurance in these states
by Richard Burton

Owning a car can be quite an expensive affair, especially in certain states of the United States of America. One of the most recent surveys conducted reveals that the residents of Louisiana have to pay the most for the auto insurance coverage followed closely by Michigan. Maine, one of the states along the Eastern coast, ranks the least. The results for the study conducted were calculated using the average rates for auto insurance for over two thousand four hundred vehicles, based in 10 different zip codes in every state and the prices offered by 6 biggest auto insurance providers. In … (more) March 14, 2011
A sneak peek in auto insurance companies that Americans trust in
by Richard Burton

The number of auto insurance companies has risen steadily over the last few years. But, only the strongest and the toughest of the lot, that offer best to their policy holders, have managed a strong foothold and market presence. These are companies that have been providing the best coverage to customers consistently over the years. Though they have a flip side, like most others, it is their strong points that make them the market leaders. Progressive is America’s third largest auto insurance provider in the United States of America. This company occupies the top spot because of the affordable rates … (more) March 13, 2011
Reasons To Consider Full Coverage Auto Insurance Online
by Richard Burton

There are a number of online auto insurance companies and the sheer numbers can be quite overwhelming at times. The confusion is between purchasing liability coverage and a full coverage. But then there are the medical and legal expenses as well. Most often the buyers simply get sucked into the convenience of buying instant online auto insurance and tend to overlook all other important factors and end up choosing the cheapest auto insurance available. The budget insurance is a good option provided it is taken under the right circumstances. However, there are other reasons to consider a full coverage auto … (more) March 12, 2011
Protecting your assets while buying cheap auto insurance
by Richard Burton

One must not look at just the monthly premium while deciding on purchasing the auto insurance cover. There are many other aspects that will have to be looked into before purchasing the policy. You might want to skip some optional forms of coverage while shopping for the cheapest auto insurance. It is always advisable to think of all the possible worst case scenarios and see if you will be able to afford to pay out of your pocket in case there are major damages to you and your vehicle after being involved in an accident. If you were at fault … (more) March 11, 2011
Online comparison of auto insurance rates to save you money
by Richard Burton

Making online comparisons of auto insurance rates can help save a lot of money on the monthly premiums and hence taking some time off to do the auto insurance comparisons will actually be worthwhile. The online auto insurance companies will help in comparing the car insurance rates and quotes on your behalf. All that you will need to do is just to provide some of the basic information that is required and the website will do the search on its database and obtain the right quotes for you. These are not always the final quotes but one can get a … (more) March 10, 2011
Information that can get you accurate auto insurance rates
by Richard Burton

In order to get the best auto insurance rates you could take advantage of the innumerable websites which allow you to obtain quotes and make comparisons as well. You can compare and see which company will give you the best auto insurance rates which are worth every dollar you pay. However, if you want an accurate report the information you furnish must also be accurate. Be truthful while filling out forms. There are many motorists who find out that their policies were revoked due to some inaccurate details that were furnished at the time of applying. It is better to … (more) March 9, 2011
Getting discount auto insurance by making right choices
by Richard Burton

As per the forecasts in the auto industry sector there is every possibility of the insurance rates rising for most of the policyholders. So, you must see how you can avail discounts on your auto insurance. Make comparisons on the websites and shop for the best auto insurance rates after obtaining quotes from various insurance providers. Investigate and check the possibility of availing a safe driver discount. After purchasing the insurance policy online, check if there are any discounts available which can help lower your premiums every month. If you are unsure of the discounts that you should look for, … (more) March 8, 2011
Drive less and save money with pay as you go general auto insurance
by Richard Burton

There are different ways one can save money while purchasing auto insurance and the list is endless – not getting citations or tickets, having a good driving record, not engaging in risky behavior, driving a cheap car, other factors such as age, gender, taking defensive driving courses, comparison shopping online etc. While all of this is true, there is another highly innovative program which is known as the pay-as-you-go insurance that can help bring down the car insurance rates even further. This article will cover the basics of this amazing new product. The meaning of pay-as-you-go insurance: As per the … (more) March 7, 2011
Key aspect of auto insurance laws in Florida
by Richard Burton

Florida like the rest of the 50 states in the country has its own set of insurance laws which must be followed by all the citizens who drive on its roads. Firstly, vehicle owners should purchase auto insurance only from those providers who are authorized to sell insurance in Florida. Secondly, those who move from another state to Florida are not allowed to hold on to the same policy while driving on the Florida roads. In fact, everyone must carry sufficient insurance coverage as mandated by the laws in Florida. The specific limits which are mandatory for vehicle owners in … (more) March 6, 2011
Debunking common insurance myths
by Richard Burton

Consumers might be able to save a lot of money as they get to know the real facts about auto insurance from the Insurance Information Institute. The institute has debunked some of the myths about auto insurance, the coverage, and the costs. There are a good number of factors that might hike up your insurance costs. However, none of these facts mentioned below will ever increase auto insurance costs or coverage. They are: Color of the vehicle – the color of the vehicle really does not matter at all. It could be race car red or grandma beige – it … (more) March 5, 2011
Can you get adequate cover with cheap auto insurance
by Richard Burton

While choosing cheap auto insurance it is essential to find out if the cover is adequate to meet the needs or if you will be stuck with a huge bill in the event of an accident. If you are unsure, do a comparison of auto insurance quotes online. However, if you want the current insurance rates to be reduced then this article might help you find ways to save on the insurance costs. There are three types of auto insurance coverage – minimum coverage, liability, and full coverage. The minimum coverage will mean that you will have to pay the … (more) March 4, 2011
Avoid modifications if you want to avail cheap auto insurance
by Richard Burton

If you plan on purchasing a cheap auto insurance cover then just put all the modifications on hold. As per the survey conducted recently modifications on the engine and addition of any of the performance parts will cause premiums to shoot up. Most of the car insurance premiums will only cover the basics of your vehicle which are factory-installed and they will not cover the modifications done after that. However, be truthful about conversions or modifications if any and don’t hide any information. There are a lot of hidden costs in modifying your vehicle and might actually cost you much … (more) March 3, 2011
Illinois house committee rejects a greater minimum for car insurance
by Richard Burton

Some people are of the opinion that the requirements of coverage which are mandatory in Illinois should change after they have remained stagnant for more than 20 years now. However, the insurance industry begs to differ because a higher minimum for car insurance only means there will be more motorists who would venture out without a car insurance. On Tuesday, it was the opinion of the insurance industry that was chosen over the other argument as the House Insurance Committee rejected the Leitch’s House Bill. The bill had aimed to increase the liability coverage that must be possessed by Illinois … (more) March 2, 2011
Auto insurance rates on the rise for older vehicles
by Richard Burton

As per the recent survey done by the insurance industry, results have shown that the older vehicles are at a greater risk of theft when compared to the newer vehicles. Auto insurance for older vehicles was generally cheaper but now the rates are actually on the rise when compared to new vehicles. As per the new study it has been found that vehicles that are 20 years or older have been stolen and the cars that are over 14 – 20 years old have come in second. All this while, you needed just the liability cover on older vehicles but … (more) March 1, 2011