Most Recent Auto Insurance Questions in Understanding Insurance Coverage

  • Q: How Covered Am I With My Car Insurance?

    That question will depend entirely on what you mean by coverage. There are many different coverage types that are packaged by auto insurance companies. These can be divided into two categories, namely coverage of harm and damage that you sustained from others and coverage from harm and damage that you received from others. Some are considered mandatory in many states … (more) November 1, 2009

  • Q: Does my type of vehicle affect my car insurance rate?

    The older your car, the lower its coverage should be. This is because it no longer needs as much protection as a newer one. Sometimes, it even proves to be more expensive to maintain a high insurance rate for it. The newer your car, the higher its insurance rate you get. Its replacement and fixing its parts is more expensive, … (more) October 25, 2009

  • Q: Does your annual mileage affect your car insurance rate?

    The lower your mileage, the lower your insurance rate you get. Less time on the road allows you to be more avoidant of accidents. Knowing the frequency of your usage of the vehicle allow the car insurance companies to determine how much risks they are taking with regard to your car. October 25, 2009

  • Q: Does your driving record affect your car insurance rate?

    Car insurance companies want to take as little number of risks as much as possible for them to keep their financial stability. They therefore check the driving records of their applicants to keep their risks at a minimum. The frequency of traffic violations and accident-involvement affects the driver’s application for an insurance policy, therefore. This is the insurance companies’ way … (more) October 25, 2009

  • Q: Does your marriage lessen your car insurance rate?

    Married couples get lower car insurance rates because married men and women tend to care deeply for one another. Albeit biased-sounding, statistics prove this right. Such concern for each other and for the rest of the family provides a firm reason for insurance companies to ax insurance rates for married couples. This also allows multiple drivers under the couple’s insurance … (more) October 25, 2009

  • Q: Does your gender affect your car insurance rate?

    Women tend to be more cautious and act less risky than their counterparts while driving. Consequently, they drive more safely. Because women are less aggressive and therefore take fewer risks, car insurance companies have fewer risks with them as opposed to the men they cover. Car insurance companies charge higher premiums for higher risks, therefore providing women less financial burden … (more) October 25, 2009

  • Q: How does your age affect your car insurance rate?

    Experience earns the trust of car insurance carriers. Because of the dismal statistic performance of drivers under 25, car insurance companies prefer to give lower rates for older drivers, who they deem as more experienced on the road. Older drivers know how to avoid accidents better and follow the rules of the road strictly. October 25, 2009

  • Q: What is the importance of car insurance, full coverage?

    If you have a full coverage of car insurance, you can be rest-assured knowing that if an accident occurs, you won’t be paying as much as those who doesn’t. Having full coverage is very important because accidents can happen anytime. It will also cost you high for repairing if you don’t have the full coverage of car insurance. When you … (more) October 22, 2009

  • Q: Why would we get medical payments coverage?

    One of the most overlooked facts when getting our insurance policy is the coverage that it offers to us. Because of difficult economic constraints that we are experiencing right now, most consumers focus on the cheapest car insurance deals available in the market; while some only get the state required minimum insurance coverage, only for them to legally drive their … (more) September 24, 2009

  • Q: Does full coverage help when one’s car is stolen?

    It is a very depressing situation when your car is stolen. Especially when you have a lifestyle that is actually on the go, or if you desperately need your car in your job, losing it to thieves may not only mean headaches, but actually involves in the problem how would you bring your children to school, or how would you … (more) September 20, 2009

  • Q: What’s with budget insurance companies?

    We are all aware that the world is experiencing a financial crisis. Our economy is not the way it used to be; unemployment is increasing, real wages are falling and many large companies are in hard times or worse, running bankrupt, with the notion “to big to fail” proven wrong. In this situation, there is already a growing proliferation of … (more) September 9, 2009

  • Q: Is it punishable by law to allow an unlicensed driver to drive my car?

    This is severely punishable by law. Every states and even the federal law has a law that guards against this , and a stipulated penalty attached to it. It is advisable never to let this happen at all because the consequence can be quite grave. It further goes a long way to affect your auto insurance. September 4, 2009

  • Q: If a ticket was received in another State but my license is from another, will It affect my auto insurance?

    If investigation is carried out by the law and it is noticed that your license was issued by another state It will go on to your drivers record which is central and can be made available for any authorised body that request for it. So the ‘accident’ cannot be hidden. Thus it will definitely affect your auto insurance. September 3, 2009

  • Q: What exact cost will be incurred for the auto insurance?

    Nobody wants to pay more than is required for insurance. So there is a formula that is applied in this case. For the real price of the car there is a corresponding deductible that must be paid to insure it. This is calculated and sorted out accordingly. For instance, if it costs $100 there is a deductible that may range … (more) September 3, 2009

  • Q: Can I be ever covered entirely by auto insurance?

    No matter the types and amount of auto insurance bought. You can never be fully covered. Because there are some “occurrences” that will never be stipulated in the policy. September 3, 2009

  • Q: To what extent will a seat belt ticket affect my auto insurance?

    The driver and the passengers are accountable for this offense. However it is only the driver that is accountable for it if involves a child too. This offense is entered into your driver’s record and it goes a long way to affect your auto insurance because insurance companies make references from time to time when making decisions. September 3, 2009

  • Q: Can I use a conditional License anywhere?

    Some States like New York will allow you to drive outside the state even with a conditional license. However the state of Massachusetts does not permit conditional license. September 3, 2009

  • Q: Is a new car covered by existing auto insurance?

    Only some states will allow a limited grace period for you to use a car before you secure it with auto insurance. September 3, 2009

  • Q: What is full insurance coverage?

    When we go to the literal meaning of full coverage, it simply does not exist. There are many types of car insurance coverage, but even though you exhaust all these coverage, you and your car would still not be fully covered. Actually, full insurance coverage is commonly referred to as physical damage coverage. In fact, full insurance coverage is used … (more) August 22, 2009

  • Q: The Wisdom behind Insurance Coverage

    What are the characteristics of good insurance policy coverage? Car insurance companies offer many different insurance policy packages. These packages have different terms and coverage limits. These two elements of car insurance make a car insurance policy appealing enough to be purchased by policy shoppers. Policy shoppers are potential clients that will purchase an insurance policy. These terms and coverage … (more) August 20, 2009