Wednesday, February 20, 2019

An Insurance Company That Promises To Support Losses Involving the Vehicle

An Insurance Company That Promises To Support Losses Involving the Vehicle

An Insurance Company That Promises To Support Losses Involving the Vehicle
An Insurance Company That Promises To Support Losses Involving the Vehicle

The motor vehicle insurance is an important asset. It offers a lot of help for personal, legal, financial and medical protection. It is useful in the sense that it keeps you secured every moment you are driving. An auto insurance cover is an agreement between the automobile insurer and an individual. 

The insured pays a certain premium on the insurance and in turn, the insurance company promises to support losses involving the vehicle for as long as the cover lasts. 

Motor vehicle insurance is compulsory in many states.
The car insurance offers many solutions in different situations. It is a useful effort that helps in protecting the insured, his/her car and the persons inside the vehicle in case of any accident of theft. Some of the elements of the insurance are property damage liability, bodily injury liability, medical payments coverage, collision coverage, comprehensive coverage and underinsured or uninsured motorist coverage.

A typical coverage features the mentioned six benefits. Bodily injury liability covers legal costs as well as personal injury claims filed against the insured in case someone has been injured or killed in the automobile and the insured is found at fault. The property damage liability is concerned with the legal costs and other claims of damage in the event of damage to other people's property using the vehicle.

The medical payments coverage helps with the payment of medical expenses, even if the insured is injured while in somebody else's motor vehicle. The underinsured or uninsured motorist policy helps to protect against expenses incurred mainly because of accidents caused by other persons who are either uninsured or have an inadequate insurance coverage.

The benefits of the motor vehicle insurance policy include financial assistance. This is by far one of the important benefits. The policy keeps you protected from dangerous and unsafe situations. You will be secured financially when an accident takes place. It is useful in offering financial assistance for large medical bills and motor vehicle repair or replacement bills.

Another benefit of the motor vehicle insurance is legal assistance; the insurance company can provide legal representation in the event of an accident. The company will help the insured avoid being accountable in the event of an accident. It is therefore advisable to consult with the insurance agents for purposes of determining the steps that need to be taken following an accident. You stand to benefit from peace of mind with the motor vehicle insurance policy; the insured stands to benefit regardless of an accident or not.
Ways on How to Save on Car Insurance

Ways on How to Save on Car Insurance

Ways on How to Save on Car Insurance
Ways on How to Save on Car Insurance

Did you know that owning a car is not cheap? You don't simply drive it and pay for gas? No, owning a car is expensive. There are many reasons why and insurance is one of them. So, before you buy a car, think about car insurance. 

Auto insurance is mandated by law. If you drive your car, make sure you carry the required insurance policy on it. Cheap car insurance may suffice minimum state requirements. But don't be too quick in getting cheap insurance.

How do you choose your car insurance policy?

1. Choose the appropriate car. Insurance companies assign values to cars, and different cars have different values that would affect the cost of insurance. Insurers are most likely to look at the cost of repairs if the car gets into trouble. If your car is expensive, repairs for it will likely be expensive too. Hence, these firms will assign a high cost on your car. Before you buy a new car, think about how possibly its price will affect its insurance.

2. How often do you drive? If you stay in your office 8 hours a day, chances are you only drive to work and back home. There is not too much mileage there. Insurers look at you as a candidate for cheap auto insurance, because they will not likely spend for your car repairs because the less you drive your car, the smaller your chances of getting involved in a car accident.

3. Consider the insurance product that suits your driving habits. A lot of car owners do not really drive too often. These people may do well with pay-as-you-go car insurance, which is much cheaper than standard ones. You cannot cheat the insurer because a tracking device will be attached to your car. At some point, this type of insurance may prove to be insufficient.

4. Consider the minimum state requirement. Some states require car owners to purchase at least liability insurance. In case, you bumped your car into someone else's and their car's side got dented, your insurer will pay for the damages you caused. But if your car was damaged, you will spend for the repairs with your own money.

5. Be a good driver. Good drivers are rewarded with low cost insurance, because the insurers will think they are less likely to be involved in road accidents. It takes a while before you can earn the reputation of a good driver. First time drivers would have to contend with high premiums for their car insurance. If you want nice auto insurance deals in the future, drive in such a way that you will not end up being chased by the cops on the road.

6. Improve driving skills. Inexperience is the reason insurance companies give new drivers high cost on their insurance. Statistics indicate that young drivers are likely to be involved in car accidents. As implied earlier, you can do little about the high cost of insurance, but you can make yourself qualify for cheaper insurance in 3 or 5 years by improving your driving skills.

7. Look for the best deal online. Shopping for auto insurance can be daunting. Some agents trick you into signing up for an expensive insurance with inclusions that you do not need. You can ditch that insurer by the end of the insurance term and look for favorable deals online.
You Crashed Your Car - You Don't Have Car Insurance

You Crashed Your Car - You Don't Have Car Insurance

You Crashed Your Car - You Don't Have Car Insurance
You Crashed Your Car - You Don't Have Car Insurance

So you feel like making those monthly car insurance payments is a waste since you don't get into accidents. Perhaps you felt you didn't use it because you pay your monthly premiums but have never been in accident. Then, the unthinkable happens, you get in a car accident and find yourself without car insurance. Who pays for the damages to your vehicle and any other damage you might have caused? Yes, you do.

The unfortunate reality is that, if this happens to you, you will be personally responsible for not only the damages to your car but to any car or property that you may have caused damage to. And if you happen to cause an injury, you will be responsible for that as well. That is likely to mean that you are going to have an attorney, representing the other party, calling you to find out if you have insurance. If you don't have car insurance, the other party & attorney will be looking to you for restitution: damages to their clients car and their injuries. This is not an enviable position to be in and can cause an unbelievable amount of stress. There is a very simple way to ensure you are not in this position: ensure you at least carry the state required minimum coverage for the state you live in.

Believe me, I have had the same thought many times: I pay all of this money for insurance premiums but I never use it. What a waste of money! The truth is, when we buy auto insurance, what we are paying for is to transfer the risk or potential of being in an accident to a third party, which is your insurance company.

Again, you ask yourself "is it worth it to pay a car insurance premium every month or every 6 months when I have never have used it?" Perhaps you are considering that you could just pay for damages to your car in the event of an accident out of pocket. That might work for damages to your own car, however, what if you caused damages to another persons car? Could you afford to write a check to pay for those damages? As an example: you made a right turn without looking left and were struck on the left front of your car. The car that hit you happened to be a brand new BMW 750i and the cost of repairs is over $20,000. Would you be able to write a check for those repairs? I know I couldn't. If you had a valid insurance policy with liability coverage of 25/50/50, which would provide $50,000 in coverage for damage to the BMW, your insurance would step in and take care of the damages you caused. 

And yes, in case you are wondering, you were at fault. In this example, you were stopped at a red light to make a right turn and pulled out in front of the BMW.

Here is a great example that will help you understand the value of car insurance and why it does make sense to have adequate coverage: You have had car insurance for 10 years and have paid $100 per month for your car for 10 years, which means you would have paid $12,000 in premium over those 10 years. The one accident used as an example above would have cost you almost twice the premium paid in damages had you not been paying for insurance and did not have an in-force policy at the time of the accident.

So, as you can see, even though it may feel like we pay those insurance premiums every month for nothing, you can clearly see that just one accident would make those premiums well worth it. In addition, if you look at this from the insurance company's perspective, in the example above, they would have lost over $8,000 on your policy as they collected $12,000 in premium from you but the cost to repair the vehicle you damaged is much more than that. Don't let this happen to you. Sometimes we just need a reminder of how valuable insurance really is, beyond just being required to drive a vehicle legally in your state.

Since you have to have car insurance legally to drive in all states except New Hampshire, why not get a free car insurance quote to see if you can save some money. If you get competitive car insurance quotes once a year, you will ensure you are always getting the best deal for the coverage you need.
Ban on texting for all drivers (Primary law)

Ban on texting for all drivers (Primary law)

Ban on texting for all drivers (Primary law)
Ban on texting for all drivers (Primary law)


The State of Delaware Is Cracking Down on Distracted Drivers
The ban on text messaging for all drivers now extends to 37 states including the District of Columbia and Guam. Twelve of these laws were enacted in 2010 alone. There are 10 states, the District of Columbia, and the Virgin Islands that prohibit all drivers from using handheld cell phones while driving.

The state of Delaware has some of the toughest restrictions in the country when it comes to distracted driving. The laws promise to make it safer for everyone driving in the state.

"This new law is about improving safety for everyone who shares the road. We hope we can reduce the number of drivers who text and e-mail while driving, and therefore, reduce the number of distraction-related crashes. Just as we're keeping our focus as a state on creating more jobs, we want drivers keeping their focus on the road," Governor Markell said.

The bill allows a driver to use a headset, speakerphone or other hands-free device to talk on a cell phone while driving. It also permits a driver to punch in a number or activate the hands-free device, but the driver must then put the phone down while talking. Rep. Scott said that the new law takes the phone out of the driver's hands, eliminating a major distraction

In Delaware, there were 230 crashes in 2009 that involved the use of a cell phone. As of last month, 94 crashes have involved the use of a cell phone and another 17 have involved texting in 2010. 

Countless others go unreported
Handheld ban for all drivers (Primary law)

Ban on all cell phone use (handheld and hands-free) for bus drivers (Primary law)

Ban on all cell phone (handheld and hands-free) for novice drivers (Primary law)

Note: A primary law means that an officer can ticket the driver for the offense without any other traffic violation taking place. A secondary law means an officer can only issue a ticket if a driver has been pulled over for another violation (like speeding).

The first offense is subject a $50 fine, for each additional offense a fine of $100 or more not to exceed $200. No points will be assessed for the violation and the drivers record will not be affected.
The restrictions will not apply to law-enforcement or an emergency vehicle in the performance of official duties. The law will also allow an individual to inform authorities of a potential threat or hazard or medical condition that requires immediate attention. It allows for an individual to report a suspicious driver who may be driving in an unsafe or careless manner or under the influence of a controlled substance.

Having the right auto insurance coverage in Delaware can protect you from drivers that are operating a motor vehicle in an unsafe or reckless manner. Many drivers are uninsured and if you are involved in an accident with an uninsured motorist you may end up footing the bill for any damages caused to you, your passengers and your vehicle.

Uninsured/Underinsured Motorist Coverage is not mandatory in the state of Delaware. Drivers have the right to waive this coverage, but it is highly recommended that you carry it.

Delaware operates under the No Fault system. Because it is a No Fault state, your insurance company makes the payments for any injuries you sustain in an auto accident, regardless of fault.

When it comes to physical damage to your car or its contents, unlike compensation for bodily injury claims, insurance claims are still based on fault. Those claims are handled in the same way as those in a state with a Tort system: by filing a claim against the at-fault drivers insurance or looking to your own collision insurance.

You should be aware that in a competitive insurance market insurance companies charge different rates for essentially the same coverage. Shopping around may result in savings to you on your automobile policy. Be sure to take into consideration the services provided by the company.
How to Get Cheap Car Insurance for New and Young Drivers

How to Get Cheap Car Insurance for New and Young Drivers

How to Get Cheap Car Insurance for New and Young Drivers
How to Get Cheap Car Insurance for New and Young Drivers

With car accidents increasing in the United States today, it is pretty valuable to have a reliable insurance plan. However, attaining a decent insurance plan can be difficult at times, especially for young drivers. Many young drivers are the victims of car accidents due to the rebellious nature of the youth as well as the inexperience with driving.

Rates for these drivers literally come at a premium, which in turn disappoints them badly. Having said that, it is very important for drivers to get insurance to protect themselves and their vehicles. There are many factors that play a role in your insurance plan. This can be daunting for young drivers because they may be clueless about all the details that come with vehicle insurance. With effort, it is very easy to get a reliable, and cheap car insurance plan.

First off, all young drivers need to educate themselves with all the different types of auto insurance. Sure it can get confusing, but at the same time insurance overall is a simple topic that is easy to learn. Young drivers shy away from taking the little time and effort to actually learn about different coverages, and this can really hurt in the long run. Just by taking time to educate your mind with all the different plans out there, you will be aware of what kind of coverage you have and it can really help you in the long run in case of any accident.

Having a good credit rating is one of the best ways to lower your insurance premium rates. This means being responsible with your spendings and making sure all your payments are on time. Insurance companies like to see responsible individuals, and having good credit proves so.

Being young can make getting cheap car insurance a bit difficult. Young means you may be a little reckless, but at the same time if you are responsible with driving and can maintain good grades, you can achieve good auto insurance rates. You can also enroll in advanced driving courses to show you are committed to becoming a safe driver. This will help insurance companies perceive you as a safe and responsible driver, therefore resulting in great auto insurance rates for you.

Overall, if you are a young driver, you need to take advantage of the actions you can take to get cheap car insurance. Young drivers should all have a good record, so strive to be responsible in order to get cheap car insurance both now and for the future.
What To Know About Driver Exclusions

What To Know About Driver Exclusions

What To Know About Driver Exclusions
What To Know About Driver Exclusions

Most people know someone who they would never consider driving with, either because they are scary drivers or have a bad driving history. Unfortunately for some, this person may live with you and be driving your vehicles! The question now comes, how will these drivers affect your car insurance if they are involved in an accident while using your car?

Let's face it, most people share their vehicles with others, whether it be friends, family or roommates. Generally speaking, most auto insurance policies are broad enough to cover people who you give permission to drive the vehicle. The problem in these scenarios, is there is always a chance that the insurance company may find out about the "unknown" driver and require that he/she be added to the policy, either as a rated or excluded driver. If they are added as a rated driver, that usually means you have to pay more to cover the risk, especially if they have a bad driving record! 

Now, you may not want to pay to cover these additional drivers, this is when the named driver exclusion becomes a beneficial alternative. In some states, this endorsement might not be available so please check your state insurance laws or ask a local agent. Essentially, someone who is listed as an excluded driver on the policy will not be rated, but they are exempt from any possible coverage! So, if you exclude your roommate on your policy and he/she gets in an accident, there would be no coverage offered by your policy.

When purchasing insurance in some states, the insurance company may run a consumer report that cross references people who are associated with the address of your household. It's very common to see people exclude the drivers associated with the address, as no one want to pay for additional drivers but this can come back to haunt them if one of them gets in an at-fault accident using their vehicle.

One of the most common usages of the driver exclusion, is when someone has a spouse who has either a really bad driver record or a suspended license. If you do exclude a spouse or anyone for that matter on your policy, remember this exclusion will stay in place until you request the exclusion be removed. For questions on driver exclusions and other endorsements, always talk to your local independent insurance agent as they are there to help you!

PLEASE NOTE: This is a general description of insurance coverages and not a statement of contract. Availability of coverages vary depending on the state the policy is written for and insureds meeting specific underwriting guidelines.
Auto Insurance: There Is Safety in Numbers

Auto Insurance: There Is Safety in Numbers

Auto Insurance: There Is Safety in Numbers
Auto Insurance: There Is Safety in Numbers

Since the beginning of time, people find safety in numbers. They group together and form tribes to protect themselves from the harsh wrath of nature, gather food for survival, and protect themselves from other tribes. Simply put, being in a group is essential for survival and the group itself aids the survival of each of its members. 

On the other hand, each individual of the group contributes for the survival of the entire group. Apart from that, heavy tasks if approached by a group become easier to accomplish than doing it alone. A group also shares the same culture that contributes to their identity.

Auto Insurance Groups' Identity: Low Risk and High Risk
Car insurance works under the same dynamics of the early tribesman. When people apply for vehicle insurance, they are grouped or clustered by insurance companies according to risk levels. Their identity then or labels can range from "high risk" to "low risk." As what I've mentioned above, groups share the same identity. Therefore, people in the high risk group are those that have committed countless traffic violations and road accidents. On the other hand, members of the low risk group are just the opposite.

Since people in the high risk group are more likely to make claims, their insurance rates are higher than the low risk group. Although they might transfer you to other groups, but it takes time to prove to them that you are a safe driver. For most, it takes years without making claims before one is transferred to a less risky group with lower premium rates.

As a heads up, you should be safe in driving. Even if you have insurance, remember that your periodic payments or insurance premium is affected by the group you belong. So, if the insurance company decided to transfer you to high risk group because you have made a lot of claims, you will be paying higher premiums than before.

The Group as a Tribe: Offsets the Cost

Moreover, the premium that each individual (in a group) paid to car insurance companies is what protects the entire group financially. Explained simply, if a member of the group is at fault in an accident, the money spent comes from the group. To explain further, the entire group through their periodic insurance payments to the insurance company, shoulders the expense of the damage done by a single member of the group. That way, the insured individual (a group member) does not have to carry the entire financial burden of the accident - being insured offset his or her costs.

But what if only one member of the group commits an accident all the time? Isn't it unfair to the other members of the group? This is one of the reasons why groups were created by insurance firms companies. People in the high risk group are more likely to commit an accident based on their driving records or history. Also, they pay the same amount in their periodic payments and will get the same coverage from insurance companies which keep the money of the group.
Coolest And Safest Vehicles

Coolest And Safest Vehicles

Coolest And Safest Vehicles
Coolest And Safest Vehicles

If you don't need a lot of extra space for kid gear there are many economical and stylish cars that are also considered to be very safe. These may suit first time drivers, singles, couples or weekend cars for parents.

Many of these cool cars are fuel efficient, compact in design, great looking, and affordable, with some selling for under $20,000. Wanting a stylish car does not have to mean sacrificing safety. Many of these cars are compact in design; however, safety is of great concern and cars come equipped with standard safety features.

There are five cars that ranked high in the 2011 Insurance Institute for Highway Safety (IIHS) Top Safety Picks, which were considered the coolest cars to drive:

1) 2011 Hyundai Elantra GLS - Offers a compact design that seats a maximum of five passengers. It commands a 148-horsepower and a 1.8-liter four-cylinder engine. This model comes with either a six speed manual or automatic transmission. It has great gas mileage at 29 miles per gallon for city driving, and 40 miles per gallon on the highway. Its safety features include six airbags throughout the vehicle, 4-wheel anti-lock brakes, and a vehicle stability management system for a smooth riding and handling experience.

2) 2011 Kia Fate 5-Door Hatchback EX - This economical and stylish vehicle comes with 156- horsepower and a 2.0-liter four-cylinder engine. The models come in both 6-speed manual or automatic transmissions. The average miles per gallon is 25 miles for city driving and 36 miles for highway driving. The safety features include full-length side air bags that completely surround the car, as well as dual front seat mounted side air bags, and direct front facing air bags on both the driver and passenger sides.

3) 2011 Subaru Impreza - Listed as one the most inexpensive stylish vehicles, it is highly rated for its outstanding road handling capabilities with standard safety features. It comes in either a four or five door model. It powers a 170-horsepower and a 1.5-liter four-cylinder engine. The vehicle gets an average of 20 miles per gallon for city driving and 27 miles per gallon for highway driving.

4) 2011 Kia Sportage - This compact, stylish front wheel drive vehicle, commands a 176- horsepower and a 2.4-liter four-cylinder engine. This model only comes in a 6-speed manual transmission. It gets 21 miles per gallon on city driving and 29 miles per gallon on highway driving.

5) 2011 Mitsubishi Lancer DE - This vehicle has been rated as a highly economical vehicle with a very attractive design. It has a 148-horsepower and a 2.0-liter four-cylinder engine. It only comes with a manual transmission, reaching approximately 24 miles per gallon in city driving, and 33 miles per gallon on highway driving. Its design also encompasses a strong road handling capability, and comes with standard safety features.

Vehicle safety features are very important to all drivers, as much time is spent in road transportation. No matter the style a driver is looking for, safety is becoming a standard feature in a variety of vehicle models, from economical to luxury.
Home, Business and Auto Insurance Quotes

Home, Business and Auto Insurance Quotes

Home, Business and Auto Insurance Quotes
Home, Business and Auto Insurance Quotes

You've probably noticed on TV and radio adds that most insurance companies claim they have the best insurance rates on the market. In fact, most of them claim they will save you lots of $$$ just by switching to them. There is nothing wrong with this marketing strategy, as long as the business can honestly prove that their statement is true. The question is, how do you know whether this business is truthful or not?

Yes, most business can make a case as to why they are your best choice. However, when it comes to purchasing choices, yours is the responsibility to get educated on the subject, in order to make wiser decisions, and here is where you come into play. Remember the word "competition"? Competition, in addition to constitutional laws, rules, regulations, people integrity etc., is what makes this and many other free countries great. Competition controls inflation and it is what refrains dishonest businesses from selling their product at any price they want.

Loyalty used to rank high in our society and a handshake used to be enough to seal the deal. Customers and vendors used to have reciprocal loyalty. If you were a good and loyal customer the vendor would return the favor with their best price for goods or services. Unfortunately, our society has been diminishing and rapidly changing the perspective on loyalty, forcing people to modify their ways of thinking and ways of doing business. Have you asked yourself what it would take for your insurance company to drop you? Or how loyal is your insurance company to you?

As Ronald Regan said, "trust but verify." The wisdom of his advice holds true in most cases. Therefore, if you have been doing business for some time with your insurance company, or any other business for that matter, it would be wise to implement Ronald Regan's advice. Verifying or requesting quotes from other businesses will let you understand how well your present company is working for you.

In our own experience, using the same home and auto insurance company for almost twenty years, my wife decided one day to implement the "trust but verify" theory, and we were surprised of what we found out; for several years we had been overpaying dearly to our insurance company.

Being that we wanted to continue loyal to this company, we picked up the phone and called them to see what they could do for us. The insurance representative went over the numbers on the insurance policy and found a very insignificant deduction, trying to keep us happy. It was only after we had switched to their competitor's that they called us and offered to match the price.

Bottom line, you should do your homework prior to purchasing insurance. Being loyal to a business doesn't necessarily mean their loyalty will be reciprocal.
Auto Insurance Terms You Should Know

Auto Insurance Terms You Should Know

Auto Insurance Terms You Should Know
Auto Insurance Terms You Should Know

In order to be successful and proficient in all business it is very important that one familiarize himself with the terms of that particular field of interest or business he intend establishing. That is why knowing such terms will undoubtedly build you basic knowledge of your field of interest and eventually lead to you success in it.

Take a moment to review some of the terms associated with auto insurance and quotes before going into it as this will be very much helpful to you in your auto insurance policy success.


Also known as claim adjuster, this is an insurance company worker who is primarily responsible for investigating and settling all claims brought by claimants or insurance carriers resulting from a specific casualty. His responsibilities also include the evaluation and payment of the available or each claim to the policyholder.
Payment of claims is usually carried out only after all proceedings are verified. The claim may as well depend on the active insurance or coverage policy available of the item.


This is an unplanned, unforeseen or unintended event beyond the control of an insured, resulting in the loss of property e.g. car. The incurred loss can be compensated as a claim to the claimant by the carrier. The claim is based on what is observed and the actual cash value of the car or items involved.

Auto insurance companies try in the best of their abilities to supply sustainable, efficient, quality, and affordable policy coverage to their policyholders. They also aim at increasing the savings of their insured to meet specific needs e.g. building a big collection of policyholders.


This is a specialist who computes premiums and risks of insurance. They are duly involved in the calculation of loss reserving, life expectancy and determining accident frequency. They serve as one of the key ingredients in an insurance company.

They also primarily help in making profit and financial stability of carriers (insurance companies) which they serve and involved in trends assessment as well as determining insurance prices.

These specialists also have a share in managing the carrier's expenditure and the giving of claims to claimant on any needed basis. They help in ensuring that neither the carrier nor the insured suffer unnecessary loss.

Accident Frequency

This refers to the number of times there occur an accident. The frequency is calculated during the time of the insurance policy. The actuary normally computes the frequency of accidents to help determine possible losses.

It should be noted that the phrase may not actually mean the number of times or frequency an accident really does occur but the number of times an accident may occur due to the prediction of the actuary. Premiums can also be accurately and appropriately paid using this principle.


It is a formally written document of the estimation of the value of property of the insured. This is done as against any future casualty resulting in the loss of property.

When an appraisal is eventually damaged, it can be completed or replaced by the adjuster of the insurance company or sometimes a vehicle repair expert.

Additional Insured

It is an individual or organization who also has an auto insurance protection under the primary name insured auto policy. The protection may be extended form an auto leasing company to an individual who lends a car (s) to the primary insured.

In the event of an accident, damage or collision, the leasing person or company has protection against the specific casualty caused by the name insured.


He is a licensed insurance representative who sells insurance for an insurance company, negotiating and/or effecting insurance contracts. He serves as the middle man in providing quality insurance service to the policyholder.
Insurance agents usually carry out their work on a commission basis and in most cases they are non-exclusive or perhaps exclusive agents.

Agreed Price

This is the cost of repairs of damage to property as agreed upon by the adjuster and the corresponding representative of the body shop. Whenever an incurred loss occurs resulting in an accident to a car, the cost of repair agreed on will be used as a claim to the claimant.
The cost neither increase nor decrease as the price for any resulting damage for the car has already been agreed upon.

Agreed Value

This is the value of the vehicle agreed on by the insured and the insurer which will be paid out on the event of an accident or any other form of unforeseen damage.

It is a policy available mainly for custom vehicles or collectible which actual value remains the same over time without depreciating.

Assigned Risk Plan

Auto insurance plan managed by the state and mostly for individuals and car owners who cannot afford to obtain or qualify for auto insurance or conventional liability coverage due to financial insufficiency or poor insurance record.

They may be placed in residual market in order to get an insurance policy with carriers or insurer but for a higher price. Their coverage is through the state.
If You Carry An Average Car Insurance Policy, Look Into Changing It

If You Carry An Average Car Insurance Policy, Look Into Changing It

If You Carry An Average Car Insurance Policy, Look Into Changing It
If You Carry An Average Car Insurance Policy, Look Into Changing It


Everybody knows that car insurance is expensive. I have noticed rates going up as much as 20% per year for some policies. This is precisely why it is a good idea for you to understand what goes into an average car insurance policy. It is worth your time to compare coverages and make sure you are getting the most for your money (and not spending more than you have to).

You know that you need to get quotes from several different insurance companies in order to find the best deals possible. This strategy is always going to be necessary. Start by checking with your current provider whether there are any discounts of which you are not taking advantage. Do they take an excellent credit score into account when computing your policy rates, for example?

Second, take time to reconsider your coverage choices. Liability and collision coverages are required by law, but what other coverages are truly required by your state? There are probably some areas where you can reduce or eliminate coverage altogether. If you haven't used rental car coverage in five years, for example, are you ever going to?

Third, reevaluate your deductible amounts. Most people set their deductibles very low- even zero. How small a deductible should you really choose? If you drive an older car, then certainly consider setting your deductible limits as high as possible. If the car is badly damaged in an accident, then you will probably replace it anyway.

Fourth, closely examine the medical and liability coverages you have. Are you double-covered between your health insurance, umbrella policies, and auto insurance? Take time to figure out where you might have TOO MUCH coverage and eliminate the overlap in your policies.

The best time to contact your insurance company and ask for reduced rates (or to get quotes from new companies) is once you are older than twenty five years of age AND you haven't received any moving violations in over three years. If you meet the criteria, you owe it to yourself to shop around. A few phone calls might save you lots of money.

The majority of insurance providers raise their rates every year. Because of this, they might offer new clients better rates than existing ones. Assess your coverages, adjust your deductibles, and look around for the best offers. Be aware of what insurance you are paying for so that you don't fall victim to overly expensive average car insurance rates.
Instant Auto Insurance Quotes: Just One Benefit Offered By Online Insurers

Instant Auto Insurance Quotes: Just One Benefit Offered By Online Insurers

Instant Auto Insurance Quotes: Just One Benefit Offered By Online Insurers
Instant Auto Insurance Quotes: Just One Benefit Offered By Online Insurers

Every day there is a chance that your vehicle will be stolen, or damaged in an accident, so finding an affordable policy is important. And with instant auto insurance quotes available online the time taken to do so is cut dramatically too.

It is common knowledge that the Internet harbors the best deals in practically every sector. This is chiefly a result of the competitiveness that the Internet encourages, a fact that explains why it is possible to get free online quotes so readily, and why a quote can be delivered practically immediately upon request.

The fact is that, with auto insurance a necessity by law, the need to find the best possible deal is acute. And as far as consumers are concerned, there is little point in wasting time waiting for insurers to get back. But fast approval is just one of the advantages that come with turning to online insurers.

Speed the Key Advantage

It might seem insignificant that instant auto insurance quotes are on offer at all. To some, it is little more than a gimmick designed to draw in more consumers, but there is more to it than that. With the ability to provide quotes in next to no time, the hassle is cut out completely.

This speed in service is provided through an automatic application process, which involves little more than filling out an online form and clicking the submit button. These applications can be reviewed electronically courtesy of pre-selected criteria, so that within a minute, a free online quote can be delivered to the application.

Of course, as with all insurers, those operating online are legally required to properly inform the consumer. So, all of the relevant details, conditions and charges should be clear to see before selecting an online auto insurance firm to apply to.

Using Comparison Websites

While online insurers do offer application processes that are lightning fast, the part of the application process that usually eats up time is finding the right insurer in the first place. Theoretically, searching online is easy, but with potentially hundreds of insurance firms to search through before requesting an instant auto insurance quote, it can still take time.

But the arrival of comparison websites has changed all of that, with the time taken reduced to the absolute minimum. Now, all that is required is to detail the preferences online and the best 10 or 20 insurance policies will be listed. From this list, a shortlist of 4 or 5 can be chosen and a request for a free online quote sent.

However, it is still a good idea to check out the small print in any policies before finally deciding on the best 5 insurers. This is an area where shortcuts should not be taken, otherwise the auto insurance policy secured may not turn out to be all that it first seemed.

Other Important Factors

What should be remembered is that online insurance companies offering instant auto insurance quotes are in a highly competitive niche market. The fact that consumers expect great deals on the Internet means they cannot fail to deliver. So, greater promotions and lower premiums are offered to keep them high on the page rankings, or amongst the top few on a comparison site.

So, while a free online quote seems like something to celebrate, it is par for the course amongst serious insurance firms. The areas of particular interest should be the premium and the discounts that are offered. This is where your homework can pay off, and help to secure auto insurance that provides the maximum cover at the minimum expense.
Car Insurance Quotes: How to Properly Compare the Best Offers

Car Insurance Quotes: How to Properly Compare the Best Offers

Car Insurance Quotes: How to Properly Compare the Best Offers
Car Insurance Quotes: How to Properly Compare the Best Offers

Getting car insurance quotes is more than just looking for a few minutes on the Internet. It is important to read the details in order to see accurately the extent of the coverage, as well as any hidden fees and costs that might exist.

Of course, it is widely known that the best quotes are available online, and the efficiency of quote comparison sites means making a shortlist of policies to consider is easy. And, with fast online insurance quotes, it means finding the best does not take as long as it once did.

However, there are some pointers to take on board if the best car insurance policy is to be identified, with a variety of conditions and preferences ensuring that finding the right one is not an automatic thing.

Understand the Premium

It is amazing how many people who get a car insurance quote do not really know what they are reading. Premiums are not simply an expense, but an investment in the range of benefits that can eventually be secured. It is not just the here and now that should be considered.

Having the wrong attitude towards payments only damages the chance to save money in the long run. A fast online insurance quote is not simply a cheap variation of a proper insurance policy. If these premiums are not fully paid, then the chance of enjoying the same coverage for half the cost within 3 years is lost.

Equally, it is not a good idea to cut corners on what the car insurance policy covers. If an accident does happen, then it is the policy that insurers point to. All in all, the premium is preferably low-cost, but should still be an effective coverage in the face of the risks.

Details to Check Out

The actual price provided in a car insurance quote is not the only detail that needs to be looked at carefully. The small print is filled with conditions, limitations and important information. For example, factors like the low mileage allowance and the bonuses offered for a clean record can make the deal better in the long run.

While fast online insurance quotes definitely have their advantages, it is a big mistake to simply accept the premium quoted. After all, if the insurer offers no annual bonus or discount for not making a claim, then the premium is not going to lower very quickly. This means that cost remains constant, while others see their insurance premium drop significantly.

Low mileage discounts, meanwhile, can see the premium lower if the car is used less often. Other car insurance benefits to look out for are security discounts for adding to or improving the security systems in the car.

Consider the Type of Policy

It is also important to choose a policy that provides the type of coverage that is really needed. Car insurance quotes can vary wildly depending on the specific aspects of the coverage. For example, there is little point in omitting a second driver on the policy if it is likely that a second person will want to use the car.
Where the second driver is a female, the insurance cost can be reduced if she is made the primary driver, and the male driver is insured as the supplementary driver. This is because of the female discounts commonly offered with fast online insurance quotes.
Other aspects to consider are whether flooding coverage is really needed if the driver lives in an arid area. Of course, comprehensive car insurance is always a good idea as it covers all the bases.
Proper Automobile Maintenance Saves Money

Proper Automobile Maintenance Saves Money

Proper Automobile Maintenance Saves Money
Proper Automobile Maintenance Saves Money

Modern cars require much less maintenance than their older counterparts. Curiously, though, many people haven't adjusted their thinking to keep pace with new automobile maintenance schedules. But, although maintenance intervals are now much more widely spaced, even the newest cars require scheduled service to have long, productive lives.

Whether it is the latest model or a car that was paid off years ago, the idea is to give this vehicle the maintenance it was designed to receive. Every car is supplied with a maintenance schedule in the owner's manual or in a separate maintenance logbook that details that vehicle's needs. Working within these requirements will help avoid the following common car-maintenance pitfalls, and can prevent lengthy or more expensive visits to a service shop

Proper Tire Inflation and Rotation

Tires leak naturally and need to be checked occasionally. Underinflated tires tend to burn up fuel. Under- or overinflated tires wear out sooner, and maneuver poorly. It's a good idea to check tire pressures monthly, or at least 3 to 4 times a year.
Additionally, front and rear tires wear differently and should be rotated to even out that wear. The owner's manual will have a recommendation on both pressure and rotation periods.

Replacement of Tires

The tire industry says tires are only safe for five years, but it really depends on heat, sunlight and ozone conditions. Most tires are good for about seven years. Check the date code stamped into the sidewall to determine their age if not completely sure.

Dirty Air Filters

Semi-clogged air filters hurt fuel economy. Under limited driving, an air filter might not see much grit, but routinely driving grimy city surface streets can overwhelm air filters. This one is strictly about conditions. If driving near, or over dirty roads, the air filter may need changing twice as often as the schedule calls for.

Replacing Brakes

When noticing anything different about the brakes, like a sound, a feel or the response means they are likely due for a visit to a mechanic.

Other maintenance steps include: Windshield Wiper Replacement, Spark Plug Replacement, Choosing the Proper Octane, and Tightening the Gas Cap;

Following the owner's manual and these steps can aid any motorist by saving them time and money. 

The money that is saved can be used for another important item every good driver needs: auto insurance! Be sure to speak with an independent insurance agent about auto insurance savings. He or she has access to a number of insurance companies and can find the right policy that suits an individual's needs, including price savings.