Most Recent Auto Insurance Questions in Understanding Insurance Coverage

• Q: What are insurance deductibles?

  Vehicle insurance policies vary from one state to another. Insurance policies in one state may or may not be available in other states. This is because each state has prepared a set different of insurance laws. However, no matter how different each state from one another, insurance policies still function the same way in every state. Car insurance policies help … (more) July 5, 2010

• Q: What are the elements of an auto insurance policy?

  Insurance policies are covered by various laws the state issues. The available insurance policies in one state may be different in the insurance policies offered in another. A car insurance policy is composed of sections which describe each type of insurance policy that the insurance company recommends. Your auto insurance policy basically just gives you important information about the types … (more) July 4, 2010

• Q: What to consider in purchasing an insurance policy?

  In getting an auto insurance policy, a purchaser must consider a few things. First, he must know what the minimum insurance policy is. The minimum auto insurance policy is described by the state. Usually, the minimum insurance policy that a motorist should have is the liability coverage. However, people who seek for more insurance coverage are permitted to do so. … (more) July 3, 2010

• Q: What are uninsured and underinsured motorist coverage?

  While you are the road, you might encounter drivers who get into vehicular accidents with no auto insurance policy or drivers who do own an auto insurance policy only that their insurance policy is too low to pay for the damages they may have inflicted in an accident that is caused by them.  These motorists are then called uninsured motorists … (more) July 2, 2010

• Q: What is the physical damage coverage?

  There are several types of insurance policies every car insurance company provides. However, these types of insurance coverage are divided into four main classes. The first class is the liability coverage which covers for any injury or damage a policy holder at fault causes to another party.  Next is the uninsured or underinsured motorist coverage which covers for drivers … (more) July 1, 2010

• Q: 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

• Q: 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

• Q: 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

• Q: 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

• Q: 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

• Q: 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

• Q: 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

• Q: What are the factors in selecting a good insurance company?

  There are many questions asked when car owners apply for car insurance for the first time. One of those is the question about the best coverage they should purchase. The other one is the best company where they should buy their chosen coverage. First, we need to understand that insurance companies do not offer the same coverage and discounts. Of … (more) May 29, 2010

• Q: Does a Liability Coverage really save money compared to a Full Coverage?

  The answer to this question is“yes” if we consider monthly payments. If the car driver or owner is just concerned of having a car insurance to comply with car registration requirements, Liability Coverage really saves money. Liability coverage is actually good if the policy owner is confident with his driving skills. That means the driver has a low tendency of … (more) May 28, 2010

• Q: Does Comprehensive Coverage protect one’s car from theft and damages not caused by car accidents?

  Thieves are all around. They don’t only get into houses and rob you of your precious small items and hidden money. They can just get into your car even without the key and drive it away. You do not catch them easily, because they have been trained to move so fast. You will notice it only when you hear your … (more) May 27, 2010

• Q: What protection is given to victims of uninsured and underinsured motorists?

  There are times that you have been responsible enough to apply for a good insurance for your protection, but others have been lax enough not to avail for any car protection. The worse scenario will be when accidents happen and the driver is not insured at all. In this situation, availing Uninsured Motorist Bodily Injury Coverage proves to be very … (more) May 26, 2010

• Q: How will Liability Coverage secure my finances?

  One of the important things we have in mind is the safety of others who are greatly affected by accidents because of us. No matter how much we try to be a responsible driver, there are moments in our life which just brings out the worse in us that we become reckless drivers. This could just be a simple act … (more) May 25, 2010

• Q: Who benefits from the Medical Payment Coverage besides the policy holder?

  Car insurance coverage has many kinds.  That is why, it is important to consider what is important to the insuring person. Basically, an insurance coverage is meant to protect the insuring person, including the family members, car, and other persons involved in the accident. Car owners are sometimes tempted to avail of cheap insurance due to financial problems. Others will … (more) May 24, 2010

• Q: What are the advantages and disadvantages of budget insurance companies?

  Before purchasing car insurance, you must consider a variety of factors, including what kind of car you have, your driving record, and the amount of money you are willing to pay. Understanding the simple basics of car insurance makes you confident that the policy you will choose will take care of your needs during unwanted circumstances. However, due to financial … (more) May 23, 2010

• Q: What is the significance of liability coverage?

  The importance of liability insurance is extreme because it protects you from potential financial ruin. It is also an assurance for other drivers of medical and financial assistance; since in the context of liability coverage, it is assumed that you are the driver at fault. In other words, you would not need liability insurance coverage if you can guarantee that … (more) May 22, 2010