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Five Tricks To Keep Your Auto Insurance Rate Reasonable

Five Tricks To Keep Your Auto Insurance Rate ReasonableAuto insurance is a necessity, but it doesn’t have to bust your wallet. Several resources you can tap into will allow you to pay lower upfront rates and spend less in case of an accident. Though budget-friendly plans are your goal, providers who offer incredibly cheap premiums aren’t always worth settling for. The following are five tricks to take into account when shopping for car insurance.

1: Bundle Your Services

If you’ve just relocated to another state or county, you might want to investigate bundling your renters’ or home coverage with your auto insurance. Many companies offer policy bundles at a discount, which can save you money annually. This strategy also caters to your convenience; you’ll always know who to contact in case of a crisis involving your property. There’s no need to keep track of multiple policy guidelines if you choose to consolidate your coverage.

2: Let Companies Bid For You

It’s worth shopping around for the best policy. An attractive premium at the first company you investigate, or the lack of familiarity with coverage in general, can make settling a tempting prospect. Shopping around and letting providers know you’re doing so will earn you a better rate in the end. Let companies bid for your business rather than the other way around. If you feel apprehensive about negotiating for better rates, get an insurance agent to score a good deal on your behalf. It is within your right to tell one business that another is offering you a lower rate and to give them a chance to counter that offer.

3: Look Into Low-Income Opportunities

Some states offer insurance programs for people at or below the poverty income level. If you fit into this category, or if your credit score is so poor that you have little chance at a decent rate otherwise, this route is worth taking. Insurance programs geared toward low-income candidates offer premiums around only 400 dollars. Certain states even offer this type of program at no cost.

4: Buy Your Car Based On Insurance Rates

Most people shop around for coverage after they purchase their car. Auto insurance as an afterthought can hurt your wallet, however. If you’re in the market for a new car, it’s worth investigating what rates are offered for each make and model in which you are interested.

Choose an older model versus a brand-new car if you can; the rates are always lower on prior models. Make sure it still includes necessary features. Some policy providers will offer discounts for cars featuring anti-theft alarms, motorized seatbelts, and onboard emergency systems.

5: Consider A Pay-As-You-Drive Policy

If you don’t drive long distances, consider a policy based on your monthly or annual mileage. These plans allow your premium to fluctuate based on how often you get behind the wheel. Your mileage is tracked through annual or monthly reports you must make to your policy provider.

Insuring your vehicle is necessary, but it doesn’t have to be expensive. A willingness to do some research and inquire about resources can go a long way when trying to score a lower annual or monthly bill.


Car Insurance Watch Out Before You Buy

What to watch out for while choosing car insurance?

The most important criteria include the five “C”s. Here’s a brief description of each:

Claim settlement policy – The true test of an insurance company is at the time of an actual insurance claim. This is possible to check by looking at the company’s past records of claim resolution. Now is the time to check if the existing insurance can be transferred to another insurance company without loss of benefits already paid for.

Coverage – What is the right coverage for you? Usually, car insurance policies cover third party liability and own damage. According to the Motor Vehicles Act, it is mandatory to opt for third party liability insurance cover while own damage is optional. Opting for both is the standard procedure since they cover any damage due to accidents and loss from third party mishaps. Most insurance companies offer “add-ons” with the basic policy.

Customer service – Thanks to technology, insurance policies are now issued instantly. Besides this, other issues such as changes in policy or cancellations are processed quickly. In the event of a claim, cashless settlement is also available so that post-repair delivery is quick without incurring bills at the workshop. It is therefore important to check the insurance company’s network for this facility. The bigger the network, the better the claimant’s options.

Communication access – The insurance company’s contact information must be easily accessible. If there is a problem the insured individual must know whom to get in touch with and the procedure to follow.

Cost – Last but not least, is the price or premium. Car insurance premium is based on “insured declared value” or IDV and the rate multiplier and depends on the car model, the age of the car, daily mileage and the terrain of the location. It is important to declare the right IDV and select a policy that offers the maximum IDV even if you have to incur a slightly higher premium.

Besides the above, the following are the benefits to look for:

No claim bonus – if no claim has been filed during the insurance period, a no-claim discount is offered on risk cover against own damage at the time of policy renewal. For each consecutive claim-free year, the discount increases progressively. The point to note is that the no claim bonus eligibility holds good even in the event of a new vehicle purchase or existing insurance renewal before the due date from a different insurance provider.

Opting for deductible – Drivers with a good record can opt for “voluntary excess” or deductible to lower their premium payments, in addition to the compulsory excess. In the case of a compulsory excess, the insured is liable to pay a specific amount if a claim is filed.

Premium based on car type – If your car has extra security features such as anti-theft alarms the chances of theft is lower and insurance can come at a lower premium.

Timely insurance renewal – If car insurance is not renewed before the expiry date the renewal premium can result in loss of coverage especially if there is an accident and also mean no discount for the no-claim bonus.

Choice of Add-ons– Besides the basic car insurance coverage, insurance providers offer several optional add-ons. It is important to select the right ones and only pay for those. For example, if there is a medical expense cover or hospital cash cover, check to see if you have a medical insurance policy that already covers these.

To renew or not to renew – with the same insurance provider? When it is time to renew your car insurance, compare insurance providers to see what they are offering before making a decision. The car insurance industry is very competitive and for the same coverage, you can probably get a better price elsewhere.

Some final precautions to bear in mind are:

• Check that the insurance policy is genuine. Always buy your car insurance directly from the insurance company or from its authorized agent.

• Always get a premium payment receipt.

• When you receive your policy document, check the IDV, no claim bonus and deductible details to make sure it is what you opted for. Any discrepancies must be notified and rectified immediately.

• Make sure only you sign the proposal form and always read before signing

• Do not opt for monthly payments as this is more expensive than annual payments

Remember that car insurance protects you and the occupants of your car on two counts: from accidental damage and from third party claims when you are responsible for the accident. Therefore, choose with care.

Getting A Lower Rate On Your Auto Policy

Are you one of those drivers who picks an insurance agent, chooses a policy, and never changes it? If so, you could be losing out on a lot of potential savings. Taking the following steps will help you negotiate lower auto insurance rates for you and your family.

Make Sure You Have Enough Coverage

When you first purchased your vehicle, you very likely insured that vehicle with your local insurance agent. One mistake many drivers make is not knowing what their policy covers when the car is actually in an accident. Before you try to have your rates lowered, you need to make sure you are paying for enough coverage in the event of an accident. Determining whether you have enough coverage can be tricky, but taking a look over your driving history can help you decide If you have an appropriate level of coverage for your personal driving habits.

Make Sure to Ask the Right Questions

Next, prepare a list of questions to ask the insurance agent. You first need to be honest about why you are getting in touch with them. Tell them what you are currently paying on your auto policy and that you are interested in switching to a new company with better rates.

Next, ask about how much you could save if you were to insure both your vehicle and your home. If you can get a significant discount, you may want to consider moving your homeowner’s coverage there as well. Other things you need to ask about are whether or not there is a pre-payment discount, employee discounts, student discounts, and discounts for certain safety features that your car may have.

You can also ask about the benefits you would receive with that company. Services like roadside assistance, for instance, may be something that you have to pay for separately. However, if a company offers you a single premium that covers these additional services, you may be able to benefit from extra convenience and savings.

Shop Around At Other Agencies

Once you know what type of coverage you have, it’s time to shop around some of the different agencies that are available to you. There are many ways to go about this. If there are local offices in your area, you can simply stop by and ask for the information you need to make an informed decision. Most insurance agents also have websites you can look at to get their policies and rate information without volunteering any information. You can also call the office on the phone. Many people prefer this to visiting in person or using the websites for a few reasons.

First, they can have a list of questions, current policy information, and everything else right in front of them as they ask their questions. In addition, talking to a real person who works at the agency may lead to additional deals that aren’t offered on the website.

Changing your auto insurance can be a pain, but it can also save you a significant amount of money in the long run. Be sure to speak to an insurance agent when you contact these companies in order to get the most accurate information possible.


Things You Must Consider While Buying Car Insurance For A Used Car

A car is a basic necessity in today’s world. It makes commuting smoother and convenient. But not everyone in the society can afford to purchase a new car, instead they buy a used car to fulfill their needs. If you are among those who want to purchase a car insurance for your used car, here are a few factors that you must keep in mind to get the best policy as per your need:

    1. Access your insurance needs: You can buy a standard insurance or a policy that offers the maximum coverage in all cases. When deciding on the best policy, consider the make and model of your car, how frequently you would use it and how much it is worth. If you purchase a comprehensive policy that covers your vehicle in every damage, you will certainly have to pay higher premiums, and if you plan to save your money on insurance, you will get less coverage. Therefore, it is advised to determine your need first and then buy a policy that equally matches with your preference, and of course, the budget.

    1. Check insurance quotes: Once you are clear about the type of coverage you want, get insurance quotes online. Get at least three for the specific vehicle you need coverage over. Be sure to compare quotes of similar policies that offer equal coverage. You may also visit several reputed insurance companies in person to ask for any discount you may be eligible for. While checking the quotes online, you must include all the members of the family who will drive the car on your insurance quotes. The driving records of the people on your insurance will affect your rates, so if you leave people off for the quote, it may harm you in the long run.

    1. Make a purchase: After checking the quotes online, you can buy the policy that seem appropriate for your needs. You can either choose to pay the premiums every six months or fix your monthly installments. You must also print the copy of your insurance and keep it in your car in case you need it when to met with an accident or are pulled over.

  1. Switch insurance companies every few years: You can also save big on your car insurance if you switch the insurance company after two to three years. You must not switch too often as the insurer may ask how long you’ve been associated with your current insurance company at the time of purchase. While switching companies, do consider your needs, if they are changing. For example if you have kids now, who were not there in your early policy purchase, you must increase the liability limits then in your policy or add other features to get maximum benefit out of it. Don’t forget to ask the new company for the discounts. The maximum years who have been with your old company and your safe driving record will fetch you good discounts. At least once a year you must check whether you are eligible for the good driver and loyalty discounts.

10 Surprising Things That Can Invalidate Your Car Insurance

There are an estimated one million uninsured drivers on Britain’s roads and that is what is partly to blame for the spiralling costs of motor insurance. You probably think that those people who are driving without insurance should be punished, but did you know that you could be driving uninsured and not even know it? There are reasons that would mean that, when it comes to the crunch, your car insurance won’t pay out. Here are ten of the surprising ways in which you could be invalidating your motor vehicle insurance.

1. You’ve upgraded your car

If you don’t notify your insurer when you upgrade your car, you could well find that your car insurance is invalid. This doesn’t only apply to the obvious things, like increasing the engine size of your vehicle, it could also apply to something as simple as fitting alloy wheels.

2. Allowing your dog to run loose inside the vehicle

If you allow your dog to romp around inside your car then, quite obviously it could distract you from your driving. If you have an accident then your dog could get the blame and you wouldn’t get any money from your insurer.

3. Being in arrears on your instalment plan

You need to make sure that all your car insurance instalments are kept up to date because if you have one payment that is outstanding, it will invalidate your car insurance, even if you have kept up the payments since that one missed payment.

4. Allowing your MOT to expire

If you forgot to take your car in for an MOT, then that could mean that you are no longer insured. Insurers will view a lack of a valid MOT as being an indication that the vehicle is not roadworthy and that will contravene the terms of your motor vehicle policy.

5. Using your car for business

You have to check the small print on some policies as to what is classed as business use and what is not. On some motor polices, your insurance will not cover you for using your own car to drive to a one-off business meeting. Some insurance policies don’t even cover you for your daily commute.

6. Leaving your keys inside the car

Are you one of those people who leave the keys in the ignition of your car sometimes? Even if you leave your vehicle unattended with the keys in it for just a minute you will be uninsured. If you need to pop back indoors because you forgot something, take your car keys with you.

7. Car sharing

If you are taking friends to work in your car and they pay you for it, be careful that your insurance company does not take that as being an indication that you are running a taxi service. If you start to make any money at all out of car sharing, you could be invalidating your motor insurance.

8. Not abiding by road signs

If you ignore road signs that tell you a road is closed, or is not suitable for motor vehicles, then don’t ignore the signs. Even if the road looks OK to you, if you have an accident, you won’t be covered by your insurance if there was a sign that told you not to go there.

9. Starting a new job

Be careful if you get a promotion at work or if you change your job. Different professions are assumed to have different levels of risk so, what your job title says, could affect your insurance premiums. You need to advise your insurance company when you change your job, or they may not pay out when you need them to.

10. Not disclosing the driving history of a named driver

If you add a named driver to your car insurance policy, then you need to disclose details of any accidents that they have had in the past. Failure to tell your insurance company about the history of a named driver could mean that you are not insured to drive your car.

A Good Auto Insurance Policy

· Insure your home and car with the same company – Insuring your car with the same company that is insuring your home makes you legible for a discount that is referred to as multi-line discount. Thus, you pay less than you would if you insured your car and home with separate companies. Even then, you need to be sure about the possible discount before making a commitment to get your auto insurance from the company that is insuring your home because not all companies offer the multi-line discount.

· Insure all your cars in one policy – If you have more than one car, you can insure them all under one policy to qualify for the multi-vehicle discount. This lets you enjoy savings on both auto mobiles. Just like the multi-line discount, you need to check if the discount if offered before signing up.

· Maintain a clean driving record – Your driving records are a factor when calculating your auto insurance rate. Consequently, your insurance rates are affected by traffic tickets spanning up to three years and six years for accidents. Having a bad driving record means that you pay extra premiums making your auto insurance expensive.

· Go for a low risk car – Your auto insurance premiums is determined on the basis on the car’s history. If your car is highly likely to be stolen or be involved in an accident then you will pay more in insurance premiums.

· Opt for a Pay-As-You-Drive Policy – This is especially recommended if you do not drive for long distances. Therefore, consider going for a policy based on your annual or monthly mileage. The pay-as-you-drive policy lets your premium to fluctuate depending on your frequency behind the wheel as a record of your mileage is kept through monthly and annual reports that are shared with the policy provider.

· Take precaution against possible theft – Installing an anti-theft device in your car may also contribute to lowering your auto insurance premiums as it lessens the risk of theft.

· Let insurance companies bid for you – When you shop for your vehicle’s insurance and deliberately let companies that offer insurance know that you are not settled yet can get you a better deal. That is, you can choose to tell one business what the other is offering so that they give them a chance to counter the offer to your advantage.

In conclusion, there are many factors that determine how much you will pay in premiums. Thus, it is possible to lower your auto insurance premiums yet enjoy great service.

A good auto insurance policy will not only cater for your protection as a vehicle owner in the event of an accident but also take into account damages that may be caused to third parties.


Getting the Right Van and Managing Insurance Costs On a Fleet of Vehicles

Starting a new business or knowing you are ready to move up to the next level of a business can be an exciting time.

There are so many things to consider, however, that it is important to research and plan carefully in order to set a realistic budget that matches the expected increase in business.

This is especially the case if you are going to need to invest in additional tools or transport, such as vans, for the business.

Among the considerations when looking for the right van are size, security, fuel efficiency and also how easy it will be to customise to the business’ requirements and to get repairs should they be necessary. The cost of van insurance will also need to be considered and will vary depending on the contents to be transported.

It may be, therefore, that a well-known make, like Ford, for example, is the best option for a new van not least because getting comparison quotes from insurers for Ford insurance should not be a problem.

This company offers vans in a range of sizes, from the smaller Fiesta model right through to the Transit, which comes in a range of sizes and cab configurations to allow for passengers.

So the first question will be what the van will be used for.

What will be the size or weight of the typical load? Will it be used to carry specialist tools or equipment and what kind of security is needed? How will the load be accessed, for example will you need side doors?

The next question is whether the van or vans will be used for a single purpose, such as deliveries, or multiple purposes, such as dropping off workers to jobs as well as carrying their tools or equipment.

Panel vans, which include the popular Ford Transit, are better suited to larger deliveries or contractors such as plumbers who need to carry a substantial amount of equipment for multiple jobs.

Chassis cabs from manufacturers allow you to build the van to your own specification if your size or other requirements can’t be met by any of the categories above.

Finally, expected mileage may also make a difference to your Ford insurance, as well as wear and tear on the van.

Getting exactly the right vehicle for the needs of the business can be important as it will contribute to the company’s reputation and efficiency.

Keeping overheads under control is a major concern for businesses in managing their cash flow and turnover.

For a business that needs a significant number of vehicles as part of its operations keeping fleet hire or purchase and maintenance costs down and securing the best van insurance deals will be important.

Businesses should have good information about the driving history, ages and any health issues its drivers are likely to have and also to ensure that they are offered training in safe and economical driving behaviour.

Among the considerations for fleet managers are what types of vehicles will be most useful and whether it would be more cost effective to lease or buy the fleet.

It may also be helpful to negotiate with suppliers to see whether an exclusive contract to buy or lease the whole fleet using one manufacturer will lead to saving.

Suppose the business needs a range of vans from the smaller car-like designs for local work and larger transporters for larger jobs. Availability of a full range from manufacturers like VW, Ford or Vauxhall and how readily they can be modified to suit the particular business may be a key part of the research when a fleet contract is coming to an end and the business is shopping around for replacements.

VW, for example, offers a range from the Caddy to the Transporter (large panel vans) and after offering a wide choice of options to cover every aspect of the business operation.

Van insurance deals will be part of the calculation.

When existing insurance is coming up for renewal if is worth shopping around to compare prices and asking lots of questions.

It is important when looking at renewing or new Ford, Vauxhall or VW insurance to know whether any vehicles in the fleet are likely to be regarded by insurers as more accident prone, what kind of additional costs there are for high mileage and whether additional security measures or drive behaviour monitoring can bring down the premium costs.

The insurers’ assessment of the value of a vehicle can make a difference also. This may affect the choice of manufacturer the business will opt for when buying, leasing or replacing its fleet.

Proper initial research and shopping around should be habitual good practise for businesses whether it is for fleet purchase, lease or for the best insurance deals.

10 Things About Car Insurance That You May Not Have Known

Many people don’t take a great deal of notice of their car insurance and, when the time comes for their auto insurance to be renewed, they simply renew it with their existing insurer. If you don’t shop around for car insurance, then you will end up paying more than you need to and, if you don’t check the small print on your policy, you might actually not be insured at all. So, if you don’t give a second thought to your motor vehicle insurance, check out these facts and tips about car insurance that might surprise you.

1. Pay your insurance premiums in one go

It may be convenient to pay your car insurance in twelve monthly payments, but it will nearly always be far more expensive than paying the whole amount up front. Most insurers add an exorbitant price for spreading the payments. It could cost you as much as 30% more.

2. Don’t overdo the excess

A lot of people get caught out by agreeing to an insurance excess over and above what they can really afford to pay. Yes, a high excess will reduce your car insurance premiums, but don’t forget that, if you have an accident, you are going to have to find that cash for repairs.

3. Tell the truth to your insurer

Be honest about what you use your car for, where you park it, and who is going to drive it. If you say that your car will be locked in a garage overnight, and it is stolen from the street outside your home, you could be in for a nasty surprise when you come to make a claim.

4. Check how comprehensive your fully comprehensive cover really is

The word ‘fully’ in fully comprehensive can mean different things to different insurers, especially if you opted for the cheapest policy that you could find. Typically, the cheaper car insurance policies won’t include a courtesy car, windscreen cover, or legal cover, so it’s worth checking your policy to see exactly what you are getting for your money.

5. Don’t make a claim unless you really have to

If you have a minor accident, it is very often cheaper to pay for the repairs yourself than to claim it on your insurance. You should still tell the insurer about the accident, because that is often a policy requirement, but claiming may well result in an increase your premiums and excess.

6. Your premiums can still rise, even if you have protected your no claims bonus

If you have an accident, your premiums could still rise, even if you have protected your no claims bonus. Your percentage bonus may well stay intact, but the underlying cost of your insurance will rise and, therefore, you will pay more.

7. Always take photographs if you have an accident

If you do have an accident, however slight the damage may seem, always take photographs of both your vehicle and the other persons. Unfortunately, there are a lot of dishonest people who will exaggerate their claims to their insurance company and lie about the circumstances of an accident. If you can, get the contact details of any witnesses too.

8. Don’t just automatically renew, shop around first

Insurance companies offer their best deals to new customers, so it is always worth shopping around for your car insurance. You can get your insurance broker to do for you, or check out a price comparison site, but always get several quotes before you decide.

9. Always notify your insurer of any changes in circumstances

Don’t forget to notify your insurer of any changes in circumstances, or you could invalidate your insurance. That includes moving home, changing jobs, any modifications you make to the vehicle and even if you have started driving your car to work.

10. Don’t rely solely on comparison websites for the best deal

Don’t forget that not all the insurance companies allow their details to be published on price comparison websites. To enable these companies to compete, they often offer better deals than you will find on the comparison sites.

Auto Insurance FAQ

Auto Insurance FAQIn some cases, you will call insurance company when your car breaks down in the middle of the road for towing assistance. When the vehicle arrives at the repair shop, insurance policy covers the damage and provides rental car until your car is ready to go again. There are two main purposes of purchasing auto insurance: to comply with the law and protect yourself from the inevitable. In a modern world where thousands of people are on the road every hour and cars are all over the place, involvement in an accident is one of the inevitable occurrences. It does not happen often, but accident does happen.

Do I need to buy auto insurance?

Nearly all states require drivers or anyone who owns and drives a car to purchase auto insurance. An insurance policy is proof of financial responsibility for using the car and driving it on the public road. Even when you do not want to purchase insurance, you need to provide valid proof of financial responsibility in forms of assets to pay claims in case you are at fault in an accident. Liability insurance is a must in every state.

How much do I have to spend for auto insurance?

Every state has a set of rules regarding auto insurance including the minimum amount you need to pay. In most states, liability policy is obligatory. Those policies cover the amount you have to pay if someone else suffers from injury and property damage following an accident in which you are at fault. They do not cover your medical payment and damages to your property. You have the option to prolong the coverage to give financial protection to yourself through various policies such as Collision, Personal Injury Protection, Comprehensive, and Rental Reimbursement.

How does insurance company determine my premium?

There are many factors to consider, but in most cases the insurer looks into the following:

· Driving record

· Types of car

· Crime rate in your neighborhood

· Distance you cover with your car on day to day basis

· Age

· Profession

· Types of coverage you buy

It is not exceptional for a company to consider your current credit rating too. There is a correlation between credit score and the probability of missing premium payment. Most companies offer discounts to reduce the premium, but eligibility requirement varies. One of the most current discounts is for policy bundling, for example, you purchase insurance for your cars and home from the same company.

What if my friend drives my car?

There is no clear line whether or not your auto policy applies if someone else drives your car. The decision regarding this issue depends on the insurer, and the rules vary among companies. Some types of coverage such as Collision and Comprehensive follow the car, meaning the policies apply regardless of who is driving. Other types of coverage follow the person, for example, liability and medical payment. If your friend does not have the necessary policy, you cannot file claims for your friend’s injury.

Why do teen drivers pay more for auto insurance than adults?

Teen drivers pay more expensive for auto insurance because insurance company think they lack experience and tend to commit violations including speeding and other infractions. Parents must educate their teen children about the cost of insurance concerning consumption of alcohol and drugs. Driving under the influence (DUI) of alcohol or drugs is a major violation that affects insurance premium. The insurance company determines the rate or premium by measuring probability and therefore risky behaviors including underage drug use and consumption of alcohol increases insurance rate.

What do I do after a DUI?

Record of a DUI may force insurance company to cancel the policy. After cancellation due to a DUI, auto insurance is hard to come by, but it is available in non-standard market or insurance for high-risk drivers. The premium is more expensive from such market, but necessary to comply with the law.

Does anyone know the way to reduce the premium for teens?

Other factors that affect teen driver’s auto insurance are:

· Grades: good academic performance allows for “good grade” discounts. Some companies offer a discount of up to 25% off premium for students with average B score or higher.

· Car models: high-performance cars are risky. They reach high speed in no time, and that increases the risk of accidents. A more conventional model can help reduce the premium as well.

An insurance agent is a helpful source of information. This is the person to consult about cost, possible violation, eligibility for discounts, and coverage options.

What is the best car for teen drivers regarding insurance?

Parents will not always be there to make sure that their teens will drive safely all the time. There are, however, some ways to help your teenagers drive safe, and of them is to pick the right type of car. Some tips you can use:

· A family sedan is a decent car for teenagers. Such car will not embarrass your teenagers when they are driving to college or friends’ places. The family car tends to offer much safety features and prevent the temptation to drive fast.

· Not old, but not brand new car is a good choice. A slightly older car still meets the requirement for cheap coverage, but it still offers modern safety features such as anti-lock brakes, airbag, restraint system, daytime lights, and probably GPS.

· Vehicles with additional performance features are bad. Features like a turbo or bigger engine encourage teen drivers to drive faster than normal (speeding).

How Insurance Companies Determine the Worth of Your Car

Car insurance is important; not only to protect you from unforeseen events but to also reimburse you if your car gets stolen or damaged. Car insurance can also pay for other people’s hospital bills, repair their cars and get roadside assistance.

There are several types of car insurance such as liability insurance, collision insurance, comprehensive insurance, uninsured motorist protection, personal injury protection, no-fault insurance and gap insurance. To determine how much car insurance you need, it is important to first find out what your state requires. In almost every state a car owner must carry liability insurance. Liability insurance is a must because it covers bodily injury coverage and property damage coverage.

Car insurance, for many, is confusing and complicated; however, there are certain steps that will make this process easier to understand. First, decide how much coverage you need. Find out what your state requires you to have. The next step is to review your current insurance policy. Look carefully at the policy and write down how much coverage you have and how much you are paying. Look at how much you are paying both monthly and yearly.

The next step is to review your driving record. If you have been given any speeding tickets, find out how long they have been on your record. If those ticket or tickets will soon be disappearing, go ahead and get some quotes. If those tickets are still there, wait until they disappear. Then, begin to get some quotes. This will take time; however, to speed up the process, check out online quotes. If you do this online, all you have to do is type in your information and start building a list of companies for quotes you can compare. Keep in mind; you may not always get instant quotes. Some companies may choose to email you their quotes.

Continue to gather quotes and information on insurance companies. Keep a running list of their monthly and annual rates for coverage, their 1-800 telephone number and their payment policies. As you continue your research, check out any discounts that they offer. Most insurance companies offer discounts for good driving, a car’s safety and security equipment and certain occupations. Be sure to also check the insurance company’s track record. This can be done by reviewing their consumer satisfaction surveys, checking their financial background and talking with family and friends who have dealt with the insurance company. The last steps are reviewing your policy before you sign and cancelling your old policy.


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