Category Archives: Car Insurance
Car Rental Insurance
Car Rental Insurance
In most of the states of the country, the rental
companies can not refuse to rent a car if the
consumers do not purchase insurance.
However, many companies try to charge an insurance
amount from the clients. This coverage is optional.
One may not feel the need for a separate insurance
cover due to other insurance policies, like the car or
life insurance.
The insurance coverage that companies try to sell is
of four types- collision damage waiver, personal
accident insurance, personal effect coverage and
supplemental liability protection.
It is the need of the hour to have an insurance policy
for the rented car. One may be trying to save on auto
insurance and may not want to pay for the coverage.
However, insurance on rented cars is quite important.
The most important reason of having insurance on a
rented car is to reduce the accumulated cost and time
with regard to the rented car. In case of breakdown,
you might take it to a body shop for repairs and
higher quality maintenance.
This process may turn out to be extremely time
consuming and may cause a lot of inconvenience. The
process of car repairing takes sometime as one can’t
predict the damage, just by looking at the car
externally.
All these issues can be addressed, if one has an
insurance cover that allows one to have a complete
replacement if the car is damaged beyond repair.
In case of opting in for insurance, the rental
companies provide coverage for any damage occurred or
inefficiency encountered.
How To Get The Best Rates On Car Insurance In Missouri
How To Get The Best Rates On Car Insurance In Missouri
If you drive a motor vehicle on public streets in Missouri then you need car insurance. Period. If you are caught driving without car insurance in Missouri the penalties are severe, too severe for you to even consider it.
And you don’t have to. There are ways to reduce your car insurance rates to the point where you can afford to drive in Missouri.
Start by driving defensively and sensibly. Speeding or drunk or impaired driving convictions will cause your car insurance rates to more than double in some cases. And that doesn’t take into consideration the legal consequences of such actions – don’t speed and don’t drink and drive.
Use your seatbelts. A ticket for not using your seatbelt can also raise you car insurance premiums.
If you are in school stay there and keep your grades up so that you will qualify for any Good Student discounts that your car insurance company offers. If you’re 55 or older ask if your car insurance company offers a discount for drivers who take (and pass) a driver’s review program.
If you have more than one car be sure to insure all of them with the same company. Likewise, if you have other insurance policies, such as health insurance or homeowner’s insurance be sure they are also held by the same company – you often get a substantial multi-policy discount.
If you have gone for at least 3 years without an accident or a claim ask if there is a good-driver discount.
If you drive fewer than 12,000 miles per year check to see if there is a limited-use discount that applies to you.
Depending on the age and condition of your car – and whether or not your car still has any Blue Book value – you may want to consider dropping comprehensive coverage. This will save you money but will result in you having to pay for any repairs to your car in case of an accident.
Realistically determine how large of a deductible you can afford to pay. The deductible is the amount you will pay for any claim before you ask your insurance company to pay anything. The larger your deductible the lower your car insurance premium will be.
Now it’s time to go online and compare car insurance policies and prices among as many different car insurance companies as possible. To do this you will need to enter all of your information onto the form on at least 3 different websites since no one website compares the prices of every car insurance company in Missouri.
It can be a bit of work and take a bit of time, but once you’ve made all of the comparisons and found the best rates on car insurance in Missouri, you’ll be laughing all the way to the bank for years to come.
How To Find The Best Rates On Car Insurance In Oregon
How To Find The Best Rates On Car Insurance In Oregon
Most people really can’t afford to pay any more for car insurance than they absolutely have to. After all I don’t know anyone who likes paying their monthly car insurance premium.
However, pay it we must if we want to drive our cars on public roads legally and morally. But that doesn’t mean there aren’t steps you can take to lowering those monthly payments – some may even be ideas you were not familiar with.
For example, if you have excellent credit talk to your insurance agent about getting a discount on your auto insurance. Most people don’t know it, but your overall credit score can affect your car insurance rates.
And while we’re at it, when was the last time you simply asked your car insurance company for a list of all their discounts. You could be surprised at some of the little-used discounts that could lower your bill.
For example, are you a member of an organization such as AAA or an employee of a large company? Often insurance companies provide group members with a break on their insurance rates.
If you are a student you already know how high car insurance rates can be in Oregon, but did you also know that if you maintain good grades many companies offer a Good Student Discount?
If you combine your homeowners and life insurance and your car insurance all with the same company you’ll probably be entitled to a multi-policy discount.
If your car has any type of anti-theft device or if you have an anti-theft device installed on your own, check with your insurance company – almost all of them provide a break for anti-theft devices on cars.
If you own an older car that has little or no Blue Book value then it probably doesn’t make a lot of sense to carry Comprehensive insurance. This is the insurance that pays for you car if there is an accident, and if you car has little or no Blue Book value then your insurance company is not going to pay you much – if anything – anyway.
One of the simplest things many drivers looking for the best rates on car insurance in Oregon do is to increase the deductible on their vehicle. Your deductible is the cash you pay out of your own pocket when you have an accident before your insurance begins to pay. By increasing the deductible on your car from 0 to ,000 you can cut your monthly premium by as much as 50% in some cases.
Whatever you do, you need to shop a variety of companies and compare prices, because prices for the exact same car insurance can vary by many hundreds of dollars per year depending on the company you buy your policy from.
Today there are literally dozens of sites on the internet which allow you to compare auto insurance with the click of a button and find the best rates on car insurance in Oregon in no time at all.
Cheap Car Insurance For The Young
Cheap Car Insurance For The Young
Young drivers have one hurdle in the world of car insurance they won’t be able to jump until they’re older – that hurdle is called “age.” Car insurance companies are known to give younger drivers higher premiums because younger drivers, as a whole, aren’t as experienced at driving as are older drivers. Young drivers are considered a risk to insure.
Nevertheless, young drivers, like all drivers, need car insurance in order to legally drive. Ideally, young drivers would like to obtain cheap car insurance. Perhaps the easiest way for a young driver to obtain cheap car insurance is to be added to, or remain on, his parents’ car insurance policy.
Check out these tips about adding your young driver to your current car insurance policy:
• Your premiums might increase, but you may also get a discount for having multi-drivers on your policy.
• If your young driver has his own car, you may get another discount for having multi-vehicles on your policy.
• If your young driver has taken and successfully completed a driver education course, your current car insurance company will most likely offer a discount; if he hasn’t taken one, get him enrolled. They may also offer a “good student” discount depending on his grades.
• Use this as a learning tool for young driver – lesson: responsibility. Encourage your young driver to get a job to pay for his portion of the car insurance premium. If circumstances won’t allow him to work, make him a list of chores to do around the house to “pay off” his part of the bill. Not only will he be learning the value of a dollar, but you’ll be getting some extra help, too!
Keeping your young driver on your car insurance policy will help him get cheap car insurance as well as learn responsibility. It will help you get discounts, as well as your car washed once a week – for free!
What You Need To Know About A Car Insurance Adjuster?
What You Need To Know About A Car Insurance Adjuster?
If you’re in need of a car insurance adjuster then there are a few facts you should know before you meet with him/her. The first rule of thumb is that if your car insurance adjuster is over friendly remember, he is there to save money for the company he works with, not especially for you.
Don’t ever sign anything without reading every detail and never underestimate the good will of the car insurance adjuster. If the adjuster wants to discuss anything on the phone, request that you would rather meet with him/her in person until after your insurance claim is settled.
You can be pleasant with the insurance adjuster but stay firm. No matter what happened at the scene of the accident, it is not the car insurance adjuster’s fault if the person that hit you was an idiot. Don’t underestimate the importance of an adjuster’s impressions because they all go into your file. The way you act toward him/her could have an influence on your insurance claim later.
Even if, for example, your car hit a deer, insurance adjusters will even be called for this too, to estimate the amount of damage to the car. Again let the adjuster do his/her job and be friendly. When you hit a deer it can cause the same amount of damage in some cases as hitting a car, or even worse. Let the car insurance adjuster look at the damage and make up his/her own mind regarding the extent of damage. Again don’t sign any thing until your car insurance claim is settled.
An independent car insurance adjuster is also expected to settle insurance claims quickly. This person may not owe a particular allegiance to a specific insurance company, but they want to collect the fee from the company. An insurance adjuster’s authority to settle a claim is restricted, but the adjuster will do everything possible to make sure you get treated fairly
The bottom line is don’t let a car insurance adjuster suck you into thinking he’s your best friend in the world, only to be let down later. This is the nature of job and no matter how friendly the adjuster is, he/she is there to do a job. You have little to do with that except provide them with information needed to assess the damages to your car.
Just be a little careful when dealing with a car insurance adjuster.
Gap Insurance: A Financial Safety Belt
Gap Insurance: A Financial Safety Belt
Why is gap insurance considered as a financial safety belt? Simply put, it keeps you from being financially ruined when disaster hits your car. For example you are in this situation, you bought a late-model car three months ago using a car loan with a regular car insurance. The car costs ,000 and you have already made three payments of 0 each month. Then, disaster strikes. An electric post falls and slams down on your car. The car was flattened to half its height.
Immediately, you reported it to the auto insurance company, which they in turn play with numbers, mileage, depreciation, market values, and other related stuff. After a couple of days, the adjustor informs you that the worth of your car at the time of the accident is ,000. This is the amount that the auto insurance company will provide you. But the finance company that gave you the loan will still consider the car to be worth its original price. They also play with numbers, interest rates, taxes and license fees. Then they come up with the amount of ,000. This is the amount that you need to pay them. If the auto insurance company releases the ,000, where will you get the remaining ,000? Your car is already a wreck but you still owe the finance company.
You need not face such a dilemma if you have a gap insurance. With the gap insurance, you can ignore the difference between the amount covered by the regular car insurance and the amount you owed the car loan company. This difference is called a “gap” and the gap insurance bridges it so that you need not rack your head for additional financial resources.
A car lease contract must also have a gap insurance. It is a feature that prevents you from draining all your finances. Some dealers who lease cars don’t offer a gap insurance. This is okay as long as they include a “gap waiver” in their lease contract. This waiver declares that you are no longer responsible for gap charges that may occur when your leased car is wrecked.
When you get a gap insurance, determine how much is offered in the gap policy. You should also know how much will be added to your monthly bill. A gap insurance, for it to be recognized, must be accompanied with comprehensive insurance policies that cover collision.
Sometimes, a gap insurance may no longer be needed if the terms in your regular auto insurance policy indicated that the company will pay off the full amount you owed from the car loan lender.