Tag Archives: Auto
Does The Coverage And Deductibles You Have On Your Personal Auto Policy Apply To A Rental Car?
Does The Coverage And Deductibles You Have On Your Personal Auto Policy Apply To A Rental Car?
When you rent a car, there’s always that moment of truth, the moment when the salesperson asks you if you would like to purchase insurance (or more accurately, a loss waiver) through the rental company. According to most of these salespeople, if you do not purchase the insurance (which can bump the price of your rental up per day or more) the consequences for the slightest scuff on the door will send you spiraling into bankruptcy. The cost of insurance at the rental car counter may also vary depending on the rental car company, state and the type of car you wish to rent. Car rental insurance can be complicated and you might even feel pressured into purchasing it, but before you commit yourself to spending the money on a loss waiver, take a moment to think about some other options.
Car Insurance
If you carry comprehensive and collision coverage, your personal auto policy will generally cover the cost of replacing or repairing a stolen or damaged rental car. Because each insurance company is a little different, however, it is a good idea to speak with your insurance agent and confirm that the rental car is covered by your existing policy.
Remember that any deductibles you have will apply to the rental car. For instance, if you have a 0 deductible and sustain 0 worth of damage, you will be responsible for the full cost. If you have a 0 deductible and sustain 00 worth of damage, you will be responsible for the first 0 and the insurance company will pay for the balance.
Remember, too, that for your rental car to be covered you must carry comprehensive and collision insurance. If your insurance protects you only against liability, it will not cover the cost to repair or replace a rental car if it is wrecked or stolen. You may also want to take note that in the event of a car accident with the rental car, your personal insurance premium may go up in cost.
Credit Cards
Some credit card companies offer rental insurance benefits. To find out what each of your credit cards offer, simply call the customer service and ask. You may want to shop around a little to find out which of your cards offers the best insurance benefits. When you find the best deal, ask for a copy of the insurance policy in writing. This will allow you to look the policy over carefully to determine that it offers the coverage you need. Having the policy in writing will also put a stop to the he-said-she-said that may occur if a loss does happen.
It’s easy and often tempting to sign on the dotted line and let car rental insurance take care of everything. But if you do so without stopping to investigate other avenues available, you may find yourself paying for car insurance coverage you may already have. Fifteen or twenty minutes of easy research can save you a hefty sum of money and offer you piece of mind.
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!
Get Auto Insurance Now To Protect Your Future
Get Auto Insurance Now To Protect Your Future
Auto insurance can include a wide range of coverage, from liability-only to coverage that will fix the smallest dent or scratch on your car’s paint job. With auto insurance being required by law in many places, you may be confused as to what kind of coverage you need. This article will explain the basics and help you learn what you need to know about car insurance.
Ask your insurance agent if your age can get you any discounts. Studies have shown that, much like fine wine, drivers tend to get better with age. Your insurance company may offer you a discount for being a long-term driver, giving you a discount each time you pass the age milestones they have set.
Many people don’t realize it, but the type and model of car that you have can greatly affect the price of insurance. An SUV needs a much higher amount of coverage than a basic economy style car. When you are purchasing your car, be sure to take insurance prices into account to see if the actual price fits into your budget.
Check the costs to insure cars before you relocate. Annual insurance in New York is about ,800, as compared to the national average for 2011, of ,446 per year. Different states and different cities will cost you more or less for auto insurance, but remember to also check the prospective state’s minimum insurance requirements.
You may want to consider taking the superior driving test. By taking this test, car insurance companies will see that you have gone the extra mile in order to be a safe driver and will be less likely to get into an accident. This will make car insurance rates more affordable.
Cut your insurance rates by dropping any uneccessary coverage. If you drive an older model car that is not worth more than a few thousand dollars, you can drop collision coverage. Collision coverage pays to repair your car, but only up to its replacement value, which isn’t much if the car’s only worth a few grand. Comprehensive coverage works the same way, and covers car loss or damage due to fire, vandalism or theft. Compare the cost to replace your older car with the cost to maintain the insurance — it might not be worth it.
Contact your human resources department or your insurance agent to inquire as to whether or not your employer is considered “preferred” for special discounts or allowances. Many auto insurance companies partner with major local employers and work unions, to offer significantly reduced rates in the form of smaller monthly premiums or add-on services.
If you are thinking about purchasing a new vehicle, you should look for a large vehicle. If you buy a van or a truck, chances are damages will not be too bad if you get into an accident. Most insurance companies know this, and offer relatively low rates for these types of vehicles.
You can protect your car, yourself, and your passengers with the right car insurance coverage. Without it, you could find yourself in serious debt should an accident occur, and possibly even on the wrong side of the law. With the knowledge you have gained from this article, you are now well prepared to look for car insurance.
When You Need To Find Auto Insurance – This Information Can Help! (3)
When You Need To Find Auto Insurance – This Information Can Help!
If you are in the market for an auto insurance policy, utilize the internet for price quotes and general research. Agents know that if they offer you a price quote online, it could be beaten by another agent. Therefore, the internet works to keep pricing down. The following tips can help you decide what type of coverage you need.
Reassess your driving style. If you have gotten into a few accidents recently or received a few tickets, take a look at your driving. Your insurance premiums do go up the more tickets or accidents you get into. So try to see if you can adjust your driving style to keep you from getting into too many accidents. It could save you big trouble in the future, since insurance companies can drop you as a client as well.
Know what is on your driving record when you are shopping for auto insurance. Your driving record has direct impact on the cost of your insurance. A clean driving record will get you better rates than a record full of tickets. Since tickets do not stay in your record forever you can wait until they disappear from your record before you get new quotes.
Create an emergency fund to cover your deductible which in turn can allow you to raise your deductible to your comfort zone and lower your rates. Higher deductibles are great for lowering your premium, just be aware that should you have an accident that is your fault, you need to have money set aside to cover yourself.
Begin your search for lower car insurance rates online. Companies have so much information located on the internet, including what kind of coverage they have available and even discounts that you might be eligible for. You can take your time to look through everything and make the best decision for you. Be careful not to judge how good a company is solely by the look of their website.
As insurance companies are always on the look out for additional streams of revenue some insurance companies have actually started offering insurance for pets. If your pet is injured in an accident they will pay out. If you are the type that brings your pet with you everywhere that you go, then perhaps for a few bucks a month it is not a bad idea to cover them too.
Students are usually offered a lot of discounts when it comes to auto insurance. If you’re a student looking to save money on a policy, check out resident student discounts. These discounts are for students who only use their vehicles during the weekends, holidays and summer months. You can save some big money with this discount.
There are many options and extras available from auto insurance companies. Some of them will be useless to you, but others may be a wise choice for your situation. Be sure to know what you need before submitting an online quote request. Agents will only include what you ask for in their initial quote.
Utilizing Available Information About Auto Insurance
Utilizing Available Information About Auto Insurance
If you are in the market for an auto insurance policy, utilize the internet for price quotes and general research. Agents know that if they offer you a price quote online, it could be beaten by another agent. Therefore, the internet works to keep pricing down. The following tips can help you decide what type of coverage you need.
A great tip for getting affordable auto insurance is to pay your policy in the full amount if you can. The reason is because you could be paying extra fees when paying your premiums on a monthly basis. Therefore, you should save as much money as you can now and pay your next premium in the full amount.
Carefully examine any extra options included in your auto insurance premium, because you may not need all of them. One of the most common additional options you might be paying for is roadside assistance. If are already a member of an automobile club that offers roadside assistance, you can drop this option from your insurance plan and save some money every month.
Make sure you understand the various coverage options included on a standard auto insurance policy. Most policies include the same basic coverage options, but you can select or add additional coverage options based on your individual needs or preferences. For example, collision and comprehensive are optional on most policies and provide different types of coverage. You may not need them if you drive an older model vehicle.
If you are financing your car or truck, there is a good chance that the financing company requires you to carry a certain level of coverage. Before you purchase the vehicle, check with your auto insurance provider to determine whether or not your current liability coverage meets the minimum requirements.
Always receive quotes from multiple providers when seeking auto insurance. Even those providers you wouldn’t consider at first could be offering the lowest rates. You never want to settle on any policy before comparing the price to others as there can be a great difference from one policy to the next.
If you are short of funds and desperate to reduce your insurance premiums, remember you can always raise your deductible to lower your insurance’s cost. This is something of a last-ditch maneuver, though, because the higher your deductible is the less useful your insurance policy is. With a high deductible you will end up paying for minor damages entirely out of your own pocket.
When choosing an auto insurance policy, look into the quality of the company. The company that holds your policy should be able to back it up. It is good to know if the company that holds your policy will be around to take care of any claims you may have.
There are many options and extras available from auto insurance companies. Some of them will be useless to you, but others may be a wise choice for your situation. Be sure to know what you need before submitting an online quote request. Agents will only include what you ask for in their initial quote.
Finding Auto Insurance That Fits Your Needs (3)
Finding Auto Insurance That Fits Your Needs
It can be difficult to select the auto insurance policy that best suits your needs. There are many factors that you have to think about besides price.
When trying to estimate cost of repairs for damages caused in an auto accident make sure it is itemized and highly detailed! Often times the insurance will get a quote and it is obviously going to be lower because they want to save money. Get several quotes substantiating your claim, and stick it to them!
Consider purchasing your auto insurance policy online. Many companies offer a discount for online purchases. The companies do this because it costs them less to use an automated system to begin your policy. In most cases, you will see a five to 10 percent reduction in your quote for the policy.
Saving money on auto insurance does not have to be a difficult thing, especially if you are loyal to the same company. Most policies are only for a term of around a year, so make sure you re-up with the same company. If you show loyalty to the insurer, you will be rewarded with lower monthly premium payments.
When working with the adjuster on a claim, remember that the burden of proof is not on you, it’s on the insurance company. If there is a dispute over coverage, it is their responsibility to prove why it isn’t covered. There are a few policies where this doesn’t apply so make sure to check that when signing up for coverage.
Before you purchase a car, you should be thinking about what type of auto insurance you want. In fact, before you put a down payment on an automobile at all, make sure you receive an insurance quote for that particular car. Knowing how much you will have to pay for a certain type of car, can help you make a fiscally responsible decision.
Consider population when you are buying auto insurance. The population where your car is insured will greatly impact your rate for the positive or negative. Places with a larger population, like big cities, will have a much higher insurance rate than suburban areas. Rural areas tend to pay the least.
Consider the effect on your insurance premium before purchasing a new vehicle. Auto insurance rates are based on numerous factors, including the likelihood of theft and the cost of repairs. Even if the purchase price on a vehicle is reasonable, if it is a commonly stolen model or one that is expensive to repair, you may find yourself paying considerably more in insurance premiums.
If you really want to save a lot of money on automobile insurance, you can waive almost every type of insurance available except for state-mandated liability coverage. Liability coverage protects other drivers on the road more than you, so this is required for all drivers. But other types of coverage are not required and you can save big money by leaving them off.
As you can see, there’s more to an auto insurance policy than the price. Make sure you keep these things in mind as you choose your insurance provider, to make sure that you don’t get a policy that doesn’t come through when you need it to. Keep this article handy!