Category Archives: Car Insurance
Car Insurance FAQs
Car Insurance FAQs
Can I insure a modified or classic car; who will offer insurance cover?
Yes, you can insure a modified car but because your car is a specialist car, not all auto insurance companies might be willing to provide coverage for it since it requires high price replacement parts and also skilled labor if the car is involved in an accident. Thus, you have to take a special car insurance that is designed especially for modified and classic cars.
How can I cut down my car insurance premium?
If you wish to cut down on your car insurance premium you must take care of a few things. Park your car overnight in the garage rather than leaving it on the drive. Fit insurance approved anti-theft devices; consider Third Party Fire and Theft for older cars. Find out discounts offered by the insurance provider when requesting quotes. Young drivers (under 25), who are often charged extremely high premiums, should have an extra driving course certificate.
What is ‘excess’?
It is the amount you have to pay when you make a claim for the loss or damage to your car. It can be voluntary or compulsory. If someone else causes the accident you may be able to reclaim the excess through the legal cover, which can be taken out with your car insurance policy. Otherwise you lose the excess. Voluntary excess is the amount you agree to pay to the company. It offers premium discounts. Compulsory excess is generally imposed to young drivers. Because their risk factors are high and the companies don’t want to insure them. So, in order to insure, they have to surrender with this payment.
What is legal cover?
It provides expertise and assistance required to recover uninsured losses such as medical costs, loss of earnings and excess payments where the fault was not yours. It is available as an optional with most car insurance policies.
Can an insurance company cancel my auto policy?
Yes, you auto insurance policy may stand canceled if you fail to pay the premium or if your consumer’s license has been suspended or revoked during the term of an auto policy. Also, if there is a fraud or serious misrepresentation when completing the insurance application, if the you are convicted to a crime, or if changes are made to the property that increase the risk of loss then the company may cancel your insurance policy.
Saving Money On Car Insurance Has Never Been So Easy!
Saving Money On Car Insurance Has Never Been So Easy!
When you need to get car insurance, the last thing that you want to do is spend a lot of time and effort to find a great insurance provider. If you are looking for every possible way to save money, here are some tips to help you in your penny pinching quest.
1. Take time to look around – Don’t go with the first automobile insurance company you find. The rates for insurance can be very competitive, and when you take the time to shop around you will be rewarded with a lower rate.
2. Increase your deductible – If you have a higher deductible, your monthly rates will be lower. You don’t always have to go through your insurance company especially for minor problems with an older vehicle or a fender bender with damage under ,000.
3. Take caution– If your car is old and not worth a lot of money, there’s no reason that you have to carry the cost of collision insurance for your car. If you are in an accident, you won’t get anything for your car, but when you consider the fact that you are spending less money on your car insurance, that can put things into perspective. After all, the money that you saved can be used to buy your new car later on.
4. Examine your car – Let your car insurance company know if your car has extra security features such as a car alarm or if you use winter tires, because it may mean that you will get a better rate. Safety features reduce the likelihood of your vehicle being stolen or vandalized, offering increased protection and assurance to both you and your insurance provider, which can lower your rates.
5. Combine your policies – If you go with an insurance company that offers several types of insurance, you may be able to get a lower rate. There are plenty of insurance companies that will give you a break on your costs if you get all your insurance through them. Insuring your home or apartment along with your car can save you money every year.
6. Think before you buy – No matter how much you may want that expensive car, think about all of the costs associated with it. Hefty insurance payments are often not the only extra costs you will incur. Consider vehicle maintenance, gas and insurance as part of one package. So reconsider that expensive car when you are out shopping.
7. Go to back to school – If you have taken a driver’s education course, or plan on enrolling in one make sure that your car insurance company is aware of that. Make enquiries about which driving schools they recognize, in order to secure a decreased rate. It can help to save you a lot of money over time.
8. Past record – Protecting your good driving record is paramount to ensuring a good insurance rate. If you have had points taken from your driver’s license in the past, receiving a lower rate is more challenging. Points on your license will regenerate over a 3-5 year period, so don’t distress, but drive safely.
Automobile insurance can be something that is costly, but it doesn’t have to be. If you do your homework and make sure that you know all your facts, you will find that you can get a good rate for your insurance. It just takes a little time to see what insurance company will be right for you.
Everything You Need To Know About Auto Insurance
Everything You Need To Know About Auto Insurance
Don’t put yourself at risk of financial burden by not having auto insurance for yourself or your teen drivers! Having auto insurance protects you and helps offset costs, should you be in a car accident. Use the following tips to pick the right auto insurance company to fit you or your teen driver’s needs.
Sticking with the same insurance company for years might not be a good thing. Perhaps they will lower your insurance if your are a lifelong customer, but another company might have an even better deal. Your situation as a driver will change, and you might even get a new vehicle: an insurance company that was too expensive before might become your best alternative later.
Before purchasing or renewing your auto-insurance policy, know what kinds of coverage it gives you and which ones you need. An auto insurance policy might seem like simple coverage for you and your car, but there are subtypes ranging from uninsured drivers to medical payments. Know what your state requires and what you want in order to have both adequate coverage and to avoid overpaying.
Car insurance protects you and other people in case of an accident. It is also to protect the bank that still owns your car. If the car gets totaled, your insurance company will be responsible for paying the amount due on the car, as well as what it is worth.
Do not forget to update your car insurance policy if you relocate. Even if you are only moving a few miles away, make the changes. You may not like what you see, though, because premiums are set by zip code. In one town it could be higher because the theft and collision rates are higher.
When deciding to buy car insurance, you should see what the policy says it will use as parts to repair your car in the event of an accident. You’ll know if you’re getting new parts from the factory or not. The kind of part used in repairs can affect the value of car if you decide to sell it later.
If your child is covered under your auto policy, but attends college more than 100 miles away and has no car there, alert your insurance company. Your insurer will typically give you a rate discount because it’s expected that your child is not driving your car very often. You will save money while still having coverage when your child comes home for visits.
An important consideration in securing affordable auto insurance is the condition of your credit record. It is quite common for insurers to review the credit reports of applicants in order to determine policy price and availability. Therefore, always make certain your credit report is accurate and as clean as possible before shopping for insurance.
Don’t allow your teen or yourself to drive without auto insurance. Car accidents and car repairs can be incredibly expensive. Having auto insurance before something happens is important so you can protect you and your family from a financial struggle! Use the tips above to get auto insurance today!
Affordable Car Insurance – It All Depends On You
Affordable Car Insurance – It All Depends On You
Affordable car insurance is difficult to find these days. But if you are patient and diligent enough to scour the horizon for that perfect car insurance, you might just be lucky enough to find one.
You will have to do your homework though: canvassing, weighing the options, considering how much premium you can afford to pay and how protected you want to be.
Once you have decided which among the offers you have considered is most responsive to your needs and capability to pay, then that should be what is “affordable” for you. Remember that the term is relative. Thus, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.
Affordable Car Insurance – Weighing the Options
The spirit behind insuring is to buy protection even before you need it. Insurance should give you peace of mind (and this commodity does not come cheap most of the time) so that when you need help, you are assured to get it. Car insurance is required in 47 states. This gives you an idea how important it really is.
Laws vary across the country as to how much protection you should get. It is wise to check your state’s minimum requirements. Then if you can afford, you might want to consider optional coverage for extra protection.
You have to consider several factors when deciding which affordable car insurance you want to get. Know that your driving records affect the premium insurance companies will offer you.
If your car is equipped with better, more sophisticated security and safety features, that can also affect the worth of your policy. Of course, the most important consideration is how much you are willing to pay. You will be able to determine this if you read at the fine print, so to speak, of the policies you are being offered.
The insurance packages you will most likely find vary in the protection they offer from mere liability, to collision and on to comprehensive. There are even policies that include medical expenses in case you get hurt in an accident, and help with your car in case an uninsured or underinsured motorist causes the damage.
Affordable Car Insurance – Making the final decision
It is ideal that you get comprehensive coverage for your car insurance. After all, if you want protection, why not go for the most complete? There are comprehensive insurance policies out there that will not bust your pocket. Again, you should be patient and should know where to look.
There are also some insurance companies that offer discount packages if you get both your home and car insurance from them. If you have more than one car to your name, look out also for multi-car discounts.
Do not forget the real reason why you are looking for an affordable car insurance – to save money. But if you are too keen on penny pinching without giving due consideration to what might happen if you are under-insured, you are needlessly putting yourself in a financial risk. Again, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.
Ten Tips On How To Get The Best Deal On Car Insurance
Ten Tips On How To Get The Best Deal On Car Insurance
With the high cost of gasoline nowadays, most new drivers think twice of getting car insurance.
Driving without any car insurance is a very big risk. Most drivers might think that car insurance is way too expensive, but in the long run it may save you a lot of money.
Take for instance this example, if you are in a car accident it may cost you thrice the amount you might have paid for a car insurance to cover for hospitalization and for buying yet another car. Plus without car insurance you will be paying police fines as well as paying for suspended licenses.
A total of 47 states require some kind of insurance for your car. It would be wise to know the basic law covering car insurance. Here are ten tips you can refer to on how you can get the best deal on car insurance.
1. Know the different types of car insurance policy
The first thing to know in buying car insurance is to understand the different policies they offer. Choose a policy or policies that would best suit your needs.
Liability – This policy covers physical injuries and damages to property. This includes paying for hospitalization and other medical expenses. Damage to property includes vehicles and other tangible property that might have been damaged during the accident. Liability also includes expenses for court proceedings if the vehicular accident requires one.
Collision – This policy covers any damages if your vehicle is crashed to another vehicle, lamp posts, house or any another objects.
Comprehensive – This policy covers damages caused by natural disaster like flood, storm, hail or wind. This also includes damages by theft or vandalism.
Medical Coverage – Medical expenses are covered by this policy not considering if the cause is a vehicular accident or not.
Personal Injury Protection (PIP) – A personal insurance of the driver. This policy covers for medical expenses and treatment caused by an auto incident.
Uninsured Motorist – If by chance you are hit by an uninsured driver, this policy covers the damages done to your vehicle.
Underinsured Motorist – This policy will cover the remaining cost for repairing your damaged car if ever the incident is caused by an insured driver with inadequate liability insurance.
Rental Reimbursement – In case of a damaged car due to a vehicular accident, this policy will give a daily allowance for rental fee.
2. Know your credit rating:
In most states, credit rating has always been the number one factor affecting car insurance rates. Be sure you have a copy of you credit report and check its accuracy and immediately contest any erroneous information.
3. Motor Vehicle Report (MVR)
You can get a copy of your Motor Vehicle Report in your respective Department of Driver Services or Department of Public Safety in your state. A three year record may cost you 5$ and a seven year record would cost you 7$ . Like credit reports, verify that all information are correct.
4. Accident Reports
You can get a copy of your Motor Vehicle Accident Report from the local police department. It may take around six weeks before you can receive the detailed report. You might need to pay a higher car insurance rate if you have reported accidents within the last eighteen months.
5. Scout for a good insurance package
There are some insurance companies that are offering multi-vehicle discounts. You would get a lower rate if you have two or more vehicles that you want to get insured. Also, you can get a good deal from one company that packages all their insurance policies, including home and health insurance.
6. Check out various discounts
Most insurance company offers a discount to drivers over 55 years of age. It always pays to be a good student; you can get a student discount if you have a3.0 point average or higher.
7. Obtain a Driving Safety Certificate
It is common for car insurance companies to give certain discounts to those who finish a safety driving course with a very good standing.
8. Check the model of your car
Insurance rates can be different from vehicle to vehicle. A fancy car will obviously have a higher rate than an older model.
9. Take advantage of added features
Be sure you are receiving lower rates for safety and security features like antilock brakes and air bags.
10. How much are you willing to pay
Choose the option where you can handle the down payment and the monthly paying scheme. Compare other insurances’ prices before purchasing one. You can try calling a toll- free number (1-888-588-5111) where you can ask for car insurance assistance and compare rates.
Having car insurance is like driving trouble-free. But, as always, being a responsible driver exceeds all effort in having a hassle-free life on the road. Never drink when you’re driving. Have a big respect for your life and that of others. Go get your car insured and be safe on the road!
Lower Your Car Insurance Rates With These Tips (3)
Lower Your Car Insurance Rates With These Tips
With so many cars and trucks to choose from in the world, people are sometimes overwhelmed and fail to make the best decisions when it comes to being fiscally responsible. No one ever thinks of the long-term implications of their automobile plus the insurance. Get informed about insurance. Read these tips to help you out when purchasing.
Drive smart and safe to keep your auto insurance cheap. A clean driving record makes a huge difference in the premiums insurance companies will charge you. Insurers inspect your driving history perhaps more closely than any other factor when setting your premium. Do not worry about accidents where you were not at fault; drive safely to avoid any other bad marks on your record.
Don’t let just anyone drive your car. If you let your friend borrow your car, and they don’t have auto insurance and wreck, it will cause your insurance to go up. In addition, any damages that your policy doesn’t cover, you will end up being responsible for them, not your friend.
One sure way that you can do in order to get low auto insurance rates is by taking a superior driving test. These driving tests show insurance companies that you have taken an extra step in safe driving and that you are less likely to get involved in an accident.
You ever hear the quote “you get what you pay for?” Many companies out there advertise that they can save you money on car insurance. Well, make them prove it. Shop around for quotes and remember that you have to make sure the coverage levels are the same. Ask for discounts because some companies provide more discounts than others.
Before buying a car, take into consideration the cost of the insurance policy for the type of car or cars you are looking at. Generally, the more expensive the car is, the higher the insurance cost will be. Take into account the insurance cost before purchasing the car you have chosen.
When shopping for the lowest quotes on car insurance be sure to get quotes for your state’s minimum requirements. Some insurance companies will give you a quote based on what their default coverage limits are, which are usually higher than the minimum state car insurance requirements.
Try to car pool to work. This will keep the number of miles that you put on your personal vehicle down. If you can keep the mileage that you drive each year low, you will likely qualify for the low-mileage discount that many insurers offer. It will save you bundles over the years.
Think about buying a car with an airbag or other types of restraint systems to get cheaper insurance. When a car’s level of safety goes up, it means the risk for loss goes down. Your insurance company is very interested in your car being less of a risk to them. Saving money on your premiums means you have more money to put toward a car, or more money to save elsewhere.
Remember, insurance is something you need to approach with a sense of responsibility. It’s not only about your vehicle; it’s also about how that vehicle is insured. Use the tips you’ve just read here to make sure that you’re always getting the best possible deal on an auto insurance premium.