Auto Insurance Questions Archive for August, 2009

• How to find cheap car insurance?

  Getting theft devices is one of the advisable ways to get low cost cheap car insurance. There are some devices that are automatic and some have to be started at the touch of a button, but you will still end up having discounts on car insurance. Some states also provide extra discounts for window sketching. Moreover, you may also ask … (more) August 18, 2009

• Can a teenager get insurance with low premiums?

  There are several ways through which teenagers can acquire car insurance with low premiums. You should also keep in mind that the premium amount varies across different car insurance companies. Hence, the ideal way to choose one is to compare several car insurance rate quotes. Teenagers who are studying and who have managed to maintain a 3.0 grade point average … (more) August 18, 2009

• Teens always pay high insurance premiums, why is that so?

  Statistics clearly show that teenagers are more prone to commit auto accidents compared to people from higher age group. Teenage drivers are always involved in various cases like traffic violations, drinking and driving, reckless driving and accidents during nighttime. Teenagers who have just started to learn to drive may also cause accident due to diving mistakes. So, we can understand … (more) August 17, 2009

• Why do some people pay high insurance while others pay low premiums?

  Car insurance is nothing but an insurance that provides protection for any kind of loss due to accidents, robbery or damage to your automobile. Whenever an insurance policy is taken up by someone, the insurance company makes profit even though they step-in to provide monetary support for medical expenditures and repairs. So, the insurance company makes sure that they are … (more) August 17, 2009

• Will insurance company pay for fuel or cleaning stolen vehicle?

  In the event of theft, one would make claim in accordance with particular auto insurance plan. Fuel or gas will not typically be insured by insurance scheme since they have no way to make sure how much gas or fuel the car had when it was stolen.  When it comes to cleaning of the car, it may not or may … (more) August 16, 2009

• What does the term “GAP Insurance” mean?

  GAP insurance protects a vehicle’s lease or loan and sometimes it can also be held responsible for paying one’s usual insurance deductibles. It provides important protection during early years of car’s life if one has a lease or a loan. In the event of any loss, ‘GAP insurance’ will pay differences between real cash value of car and present outstanding … (more) August 16, 2009

• What insures scratches to your vehicle when you destroy and are at fault?

  ‘Physical Damage Coverage’ is what one would require on the car to insure damages to vehicle resulted by some accident in which he or she was at fault. Collision coverage and comprehensive coverage come under the category of physical damage coverage. August 15, 2009

• Can one have ‘comprehensive insurance’ without ‘collision coverage’?

  Guidelines of insurance firms and state always differ somewhat regarding if one can possess comprehensive coverage devoid of collision coverage. In case, State Laws permit, then one may be enabled to look for an insurance firm that will allow this, however the fact is that most insurance providers require both type of insurance to be over the vehicle.  According to … (more) August 15, 2009

• What is ‘full coverage auto insurance’?

  You need to be aware of the fact that there is nothing like ‘full coverage’ in the insurance sector. You are free to purchase almost all insurance policies available and still, you would not be completely covered.  Most car owners make use of this term for identifying ‘physical damage coverage’. ‘Physical Damage coverage’, basically consist of comprehensive and Collision coverage. … (more) August 14, 2009

• What is “SR-22″ Form?

  SR-22 is simply a form that needs to be filled by particular insurance provider to the ‘state department of motor vehicles’ affirming that auto accountability insurance scheme is for a particular individual. It is not an assortment, but is verification that one has owned certain kinds of insurance depending upon the monetary responsibility regulations of particular state. August 14, 2009

• Can senior citizens acquire special discounts on car insurance policies?

  Every person who owns a car should have car insurance regardless of their age. There are plenty of ways through which senior citizens can avail discounts on their insurance policy. They can be eligible for discounts if they have a safe-driving history, long term association with an organization, through drive course, etc. However, before deciding on a car insurance policy, … (more) August 13, 2009

• I am a senior citizen, I do not drive much, do I need a car insurance policy?

  The law says that it is a must for all individuals who have a driving license. Car insurance policies provide protection against accident injuries, robbery, fire and damage. You will be found guilty by the law if you are driving a vehicle without car insurance. If you do not drive much, you can look for an insurance company that provides … (more) August 13, 2009

• What to do if caught with expired insurance?

  Car Insurance plays a very important role as it helps people to cover up financial loss and also shields the total investment made on the vehicle. Requirement for Car Insurance may vary from state to state and county to county, but still one should always make sure that insurance is going on and is not expired. Car insurance providers can … (more) August 12, 2009

• What are the limitations on the amount that an insurance company could charge for a car insurance?

  Normally, the insurance companies would have a range of insurance premium levels for each type of policy. This range would be based on several factors that are related to the applicant when the application for the policy is made. The driving habits and record of the applicant, the model and age of the vehicle, the numer of miles that had … (more) August 11, 2009

• What would happen when an uninsured person was at fault for an accident and is sued in a court of law?

  If an uninsured person is sued in a court for being at fault in an accident, that person should have to personally arrange for defending the lawsuit. This would require the engagement of an experienced auto accident lawer who could represent, defend, and advise that person in the court. The fee of the attorney and the other court-related costs would … (more) August 10, 2009

• What should a policyholder do to register a claim?

  All car insurance policies would stipulate certain duties which the policyholder should perform when a loss or damage had occurred to the car. The exact duties would vary from policy to policy. Property damage claim duties would differ from liability claims. These duties would be mentioned in the ‘Conditions’ section of the car insurance policy. If the policyholder had not … (more) August 10, 2009

• If the car of an uninsured person was damaged in an accident and the insurance adjudicator totaled the car, when the other driver was at fault, would the insurance company of the other driver refuse to compensate the damage of the uninsured person?

  When an uninsured person is involved in an accident, the insurance company would go by the law of that particular state. Certain states have a law which limit the recovery amount. The law could even penalize the driver who was uninsured, when the accident occurred, irrespective of who was at fault. If such a law existed in that state, then … (more) August 9, 2009

• When the car of the policyholder is hit by a deer and extensive damage occurs when the policyholder was proceeding on company work, the car insurance would cover the damage. Who should pay the deductible, the policyholder or the company?

  When the personal vehicle of the policyholder is damaged in an accident, only the policyholder would have to pay the deductible. Even thouth that person was proceeding on company work, the insurance policy of the company would not provide cover for such an act. This kind of accident would be termed as an ‘act of nature’ and the damage occurred … (more) August 9, 2009

• What is meant by the term, ‘Insurable Interest’?

  The policyholder would have an ‘insurable interest’ in a car or a property, when a damage or loss to it would cause a financial or other types of loss to that person. If the vehicle is damaged by an accident or is stolen, that occurrence would result in a reduced or nil value to that person. The insurable interest is … (more) August 8, 2009

• How exactly would an insurance policy protect a policyholder?

  All insurance policies are designed to protect against any possible economic loss that is caused by the damage or loss that could be measured in financial terms. The extent of the loss would be assessed by the insurance company or an independent agency appointed for this purpose and the policyholder would be appropriately compensed. The insurance policy could compensate the … (more) August 8, 2009