Auto Insurance Questions Archive for 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

  • What are the tips to find out how much auto insurance cost for teens under 25 years of age?

    Auto insurance rates differ depending on who carries them. One way to find out how much it will cost to be insured for young drivers below 25 years old is to talk to the companies that one is interested in to be insured. This is usually the first step in finding out which policies best suites you. Usually, car insurance … (more) June 10, 2010

  • How do grades in college affect the price of car insurance?

    Once parents allow their child to finally drive a car, one of their biggest concerns is being able to afford good and credible auto insurance for their teenage son or daughter. Parents and their child often have a hard time coping with the financial constraints that getting auto insurance gives them because of the historical accounts that young drivers have … (more) June 9, 2010

  • Is it important for my driving teenager to get auto insurance?

    It always better to be safe than be sorry at the end of the day. Statistics point out that the probability of getting into serious road accidents is higher for those who fall under the teenager class. Motor vehicle crashes are the leading cause of injuries for teenagers. Though anyone does not want this to happen it is important … (more) June 8, 2010

  • How is it that teenagers get more expensive car insurance rates?

    Of all the demographic group of individuals, insurance companies put more demand on teenagers. Like all other insurance companies, auto insurance relies solely on knowing who is more vulnerable to risk. The higher the risk one person may bring or cause, the bigger premium a company charges in order to moderate that risk. So what is the real reason behind … (more) June 7, 2010

  • What are the ways to get the best deal on car insurance for teens?

    One of the greatest experiences and achievements a person will have once he/she hits adolescence is when one attains his/her driver’s license. This alone will have a big impact on the teenager’s social and school life, and will mark the beginning steps in maturity. Obtaining auto insurance for a teenager’s car is not as easy as it sounds. Most … (more) June 6, 2010

  • Is the state I live in, or the state I am studying college in the best place to insure my own car?

    A student attending college at a point will realize the importance of getting car insurance. One frequently asked problem is the best place to get insured. The best, meaning the cheapest way, should one get insured in the state he/she lives in or the state where he/she is studying in? Generally, the decision relies upon the guidelines of the insurance … (more) June 5, 2010

  • What are the different options college students have to get car insurance?

    College life is one of the toughest and most challenging stages a person will experience. Homework, finding a job, and being with friends among other things are factors being dealt by students in college. To help them get around and live through college with ease is driving on their cars. As a college student one uses his or her car … (more) June 4, 2010

  • Is the auto insurance really necessary for teens?

    In this ever changing world where technology and modern tools are commonly used to get around places such as trains, trams, bikes and cars, one can never deny the fact that in driving and road accidents, teenagers are often involved in such events. Several aspects can be seen as on why auto insurance is important to anyone especially teenagers.  Protection. … (more) June 3, 2010

  • How to reduce car insurance cost for teens?

    At our present age, we can never deny the fact that getting around places is most easy with wheels. Cars and driving has been one, if not the most important technological breakthroughs in the world, and sooner or later everyone you know will be driving a car. Having a teen in your household is a very important matter when you … (more) June 2, 2010

  • What are the basic types of insurance coverage?

    A growing number of people are dropping their car insurance to try to save money, according to a recent study by the Insurance Research Council.  However, dropping insurance coverages could result to a problem in the future.   Many companies offer different insurance coverages in order to have better protection while driving a car. The following are the basic coverages … (more) June 1, 2010

  • What are the tips in choosing the best car insurance coverage?

    Many countries require purchasing car insurance in order to drive a car on public roads. It covers the property expenses incurred as a result of an unforeseen event. The basic purpose is to protect you and your family from the financial liabilities in case of an unforeseen event. There are several agencies providing different types of coverage at competitive price. … (more) May 31, 2010

  • What are the similarities and differences of First Party Benefits Medical Coverage from Medical Payments Coverage?

    Getting a coverage which will insure not only you, but also the people injured in the accident, is a good investment for protection. However, sometimes the different insurance coverage is so confusing. They use different names, but the benefits and the people qualified to receive benefits are almost similar. First Party Benefits is a multi area insurance cover scheme. This … (more) May 30, 2010