Auto Insurance Questions Archive for June, 2010

  • What does Liability Coverage Covers?

    Forty-seven states require auto insurance policy for every licensed motorist living in any of those states. Whether a driver owns a car or not, they are still compelled to file for a car insurance policy. This is to make sure a motorist would be able to return to his way of living prior to whatever car accident he might be … (more) June 30, 2010

  • What Kinds Of Insurance Coverages Can I Choose From?

    Sometimes, the different types of car insurance coverage’s can be quite confusing. Even old-time car insurance policy users still have trouble when deciding to shift from one insurance coverage to another. And so, for car insurance policy hunters, here are some information on the most common insurance coverage’s you can choose from. Liability Coverage This type of coverage includes … (more) June 29, 2010

  • How do I get the best out of my car insurance coverage?

    For most insurance policy consumers, the Insurance world may seem like a different dimension altogether. Sure, insurance jargons may be overwhelming but even an average insurance consumer can actually do something to maximize their insurance coverage. Think like an insurance policy provider Fact: Car insurance companies operate on the principle that consumer demands must be met with the … (more) June 28, 2010

  • What factors should I consider in choosing the best car insurance policy?

    Car insurance policy shoppers look into a hundred things in choosing their auto insurance policies – from their cars, their status and a lot more. But in choosing a car insurance policy, here are the few factors that actually matter. Your state or country’s minimum legal insurance policy requirements Most states have a standard insurance policy as a requirement. … (more) June 27, 2010

  • Do Newly Licensed Teenagers Need to Have Car Insurance?

    The requirements of car insurance policies in each state are governed by the laws made by these states. However, the very backbone of the car insurance laws that administer in every state is that each car owner must insure his car or anyone who is legally allowed to drive and has the capacity to drive must have an auto insurance … (more) June 26, 2010

  • What is SR-22 Insurance Policy?

    The SR-22 insurance policy, first and foremost, is not a type of insurance policy. It is, however, a certificate of insurance that shows proof of financial responsibility. The SR-22 is a motor liability insurance that an insurance company provides the Division of Motor Vehicles (DMV) official recognition that the one carrying it is covered. In cases of SR-22 cancellation, the … (more) June 25, 2010

  • What are Car Insurance Deductibles?

     In buying an auto insurance policy the insurance company is not only curious about the kind of car you drive, how you drive that car and how often you get into accidents. They also look at the amount of money you are prepared to pay for your insurance coverage. Every car insurance policy has a deductible. The insurance company would … (more) June 24, 2010

  • What Car Insurance Plan is Best for Me?

    Getting a car insurance policy is a serious matter. It is not just about you complying with what the state requires of you. You must be aware what insurance policy is best for you. In order to do this, you must know your capabilities as a driver and your car’s capacity, and you must be aware of the required insurance … (more) June 23, 2010

  • What Should you Do to Keep Your Insurance Rate Low?

    Getting insured while on the road is a must in at least forty-seven states. However, even if it is already a law, a lot of car owners do not get car insurance in hopes of saving up more money. What these people do not know is that they could get insured and not spend too much money on it. There … (more) June 22, 2010

  • What Should I Know about Car Insurance Claims?

    While the automobile industry is rapidly progressing, many consumers are also aware of the fact that a comprehensive insurance is also part of every car purchase. Whether it is a brand new car or second hand car purchase, a comprehensive insurance must always go with it. While there are many insurance companies offering quality insurance nowadays, there is a need … (more) June 21, 2010

  • What Should You Keep In Mind In an Accident?

    No matter how careful a driver is when on the road, it still does not mean that the driver and his passengers are safe from vehicular accidents. The worst aspect of an accident is that it comes a surprise. No one knows when, how and where an accident would occur. So, the best way to deal with accidents is to … (more) June 20, 2010

  • How Do You Report an Insurance Claim?

    After a car accident, the parties involved must report the incident to their insurance companies as soon as possible. That is, the policy holders involved in the incident must immediately file for an insurance claim to their insurance company.   When a policy holder’s car is damaged in an accident, there are two insurance claims that the policy holder may … (more) June 19, 2010

  • How Long Should a Claim Take?

    Every state provides different set of insurance laws. Some of these laws determine the period of time an insurance claim should take. Normally, insurance companies do not tell you just how long it will take for them to settle your claim. Usually, they would tell you that they would settle it as soon as possible or that they are already … (more) June 18, 2010

  • What Should You Do After a Car Accident?

    There are about six million automobile accidents in the United States every year. Car accidents cost an American about $1000 a year. With this statistics, we could emphasize that being involved in an automobile accident is not impossible. So, what do you do when you are involved in one? The very first instinct of a person mixed in an automobile … (more) June 17, 2010

  • What do I need if it’s the first time I’m getting auto insurance?

    A first car is a wonderful thing. Be it the pick-up truck you’ve been asking for so you can take your friends to the beach, or the beat down ugly moss green “classic muscle car” you’ve been eyeing at the used car store, you’ll never forget your first car. Sure after purchasing the car you’re going to want to … (more) June 16, 2010

  • What’s the basis for premium charges?

    Premium charges, depending on the jurisdiction, can either be decided by the insurance companies of by the government itself. This computation of premium cost is derived from the data gathered on you, the insured, and how that data will affect future costs of claims you will make. These companies are basically computing how often you might get into an … (more) June 15, 2010

  • What factors could cost my insurance premium to rise?

    Insurance premium is tricky. What most people believe is that a lower premium means more savings, better deals –this is not necessarily true. A higher premium means more benefits, and sometimes that means more savings. The trick (or actually, critically recommended strategy) is to get insurance quotes, compare and contrast, ask around, get the facts before signing anything. That … (more) June 14, 2010

  • I’m engaged to a bad driver, will this make my premium go up?

    Definitely. Being married means living together (in most cases), this means sharing your car with your spouse, and actually, any and all licensed drivers in your household. This will affect your insurance premium significantly. But, of course, there are lots of ways to cover your bases and lessen this effect on your premium. First of all, when it comes to … (more) June 13, 2010

  • It’s my first time to get auto insurance, what do all these technical insurance terms mean?

    For the first timer, auto insurance can be a complicated matter. Being of a profit-oriented nature, some insurance companies prey on the dim-witted, the easily fooled who is willing to cough up any amount just to get that insurance. Don’t get me wrong, auto insurance, actually all insurance, for that matter, is designed to help us out. The purpose … (more) June 12, 2010

  • What are the best ways to drop auto insurance rates for teenagers enrolled in college?

    It is a known fact that teenagers or college students pay greater amount of rates in auto insurance compared to adults. This is mainly because of the reputation that teenagers have when behind the wheel of a car, as they are studied and proven to be more vulnerable and more at risk to unwanted road accidents. Luckily, there are … (more) June 11, 2010