Monthly Archives: September 2020

Tips, Tricks, And Advice On Auto Insurance

Don’t put yourself at risk of the 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.

As you choose car insurance, be sure to properly protect yourself when it comes to liability for property damage and bodily injury. The right amount of coverage in this area can make a big difference in the event of an accident. Not having enough coverage can leave you with a lawsuit that can be hard to recover from.

When insuring a teenage driver, lower your car insurance costs by asking about all the eligible discounts. Insurance companies generally have a discount for good students, teenage drivers with good driving records, and teenage drivers who have taken a defensive driving course. Discounts are also available if your teenager is only an occasional driver.

When considering insurance for a young driver, it is wise to not purchase an expensive car. Rates are high enough for teenagers, they will skyrocket depending on the type and worth of a car. In this situation, safety is one of the highest factors affecting insurance costs.

One of the best ways to drop your auto insurance rates is to show the insurance company that you are a safe, reliable driver. To do this, you should think about attending a safe-driving course. These courses are affordable, quick, and you could end up saving thousands of dollars over the life of your insurance policy.

When shopping for an auto insurance policy, most companies are going to offer extras like towing, road-side assistance, GPS services, and other add-ons. These may come in handy if you’re ever in a pinch, but they can be really expensive. Say no to these extras in order to save money on your insurance.

There are a lot of factors that determine the cost of your automobile insurance. Your age, sex, marital status and location all play a factor. While you can’t change most of those, and few people would move or get married to save money on car insurance, you can control the type of car you drive, which also plays a role. Choose cars with lots of safety options and anti-theft systems in place.

Check into how much you would save by using the same insurer for both your home and your car. Some companies offer a discount if you have multiple policies with them. The majority of companies today do insure a variety of items, so it is a good idea to look into the possibility.

To make sure you’re getting fair pricing in your premiums, verify that your reported information is accurate in your policy. For example, ensure that the make/model of your vehicle is correct, the number of miles on the vehicle when you took out the policy, etc. Even your reported commuting distance is important as shorter commuting distances can have a positive effect on your premium savings.

You will want to make sure to contact your insurance company if you get a divorce and no longer want your ex to be on your policy. If they get into an accident while they are on your insurance policy, it could cause your rates to go up, and you will have to pay for their mistake for the rest of the time you have a policy with that company.

When you purchase a new car, you should keep your insurance rates in mind and look for the best safety features you can get. Safer cars are cheaper to insure. Because insurance companies are responsible for medical liability, they will charge a lower premium for safe cars that minimize injuries in an accident.

Know the laws in your state concerning auto insurance. In almost every state, car insurance is compulsory. You can face stiff fines and penalties for not carrying adequate car insurance. Some states are even known to jail repeat no-insurance violators. Educating yourself is important so that you can comply with the laws.

When trying to decide on an insurance company for your auto insurance, you should check into the department of insurance from your state. You will find some valuable information there which will include closed insurance cases, important financial data as well as licensing information. This research will help you decide if you feel comfortable trusting this insurance company.

Pay for your auto insurance coverage in one payment up front. When you pay in full you will not be charged interest charges as you would if you were paying monthly. This means some companies also offer you a discount if your coverage is paid for ahead of time. Monthly payments can be convenient, but they may not be as affordable as you would like.

If you live in an urban area or an area where there are many wild animals, you may want to consider animal collision on your insurance. Repairing a car after you have hit an animal, especially a large one, can cost you thousands of dollars. Animal collision covers all of these costs.

A big part of setting the cost for your auto insurance premiums has to do with the type of car that you drive. Remember that when you are in the market for a new car – cars that are more expensive to repair, for example, will often result in higher insurance rates.

Ensure that your car insurance plan pays up front for car rentals. Drivers whose policies do not include rental coverage may wish to secure additional insurance for this purpose. The extra policy can be as much as $20 per day. If your car requires major repairs, you could be paying for quite a while.

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!

Purchasing the Best Car Insurance

In the past, car insurance was not a necessity, as some people went for it and some did not. However, today an auto coverage policy is one of the crucial things in your life, if you own a car. People need proper coverage, no matter how luxurious or modest their car is.

The way people buy insurance has also changed. In the past, buying a car insurance just meant to meet your neighborhood agent and ask him for it. But now, it is somewhat different, as you have got lots of other options at your disposal from where you can get your vehicle insured, with some entirely new coverage choices.

Buying car insurance: Which method to choose?

When you want insurance for your car, you might be puzzled as from where you should get it. Should you deal with an insurance agent or should you go online? You can choose among different options for getting your car insurance. This includes:

  1. Buying from captive agents
  2. Buying from independent agents
  3. Buying online

People, who prefer personal services and like to form face-to-face relationships, should certainly purchase their policy from an agent. But, since there are different agents, they need to decide which one is the best for them.

Among these, some are called ‘independent agents,’ who sell insurance for numerous companies and some are ‘captive agents,’ who sell insurance for just one firm. Let us see the different features of these agents, so that you can decide easily and quickly the right agent for yourself.

1. Buying from captive agents

You should buy your coverage from a captive agent, if you are dedicated to a specific insurance firm. Since captive agents deal with only one company, they will know all the different insurance options offered by that company. And, thus they can assist you to build the right package based on your needs. However, captive agents may take more time to respond to your questions and to know your needs as compared to independent agents who work for commission.

2. Buying from independent agents

You should buy a policy from an independent agent, if you want to check out the different insurances provided by different companies, as independent agents deal with several companies and not just one particular insurance firm. This way you can get a better rate.

And, since independent agents are not directly employed by any one firm, they would not push one specific product and will tell you the right things about all the insurances. Thus, independent agents can aid you to find inexpensive coverage for your car. However, since they work for commission, they are under more pressure to grab a deal as soon as possible.

3. Buying online

The third option is to skip insurance agents completely and to work directly with the company online. However, for this you have to do most of the work yourself. You have to conduct a thorough research on different coverage providers, what they offer, the rates of their insurance, and what all their policies covers. Then, you can talk to the company, that best fits your needs to procure the coverage itself.

Among these, some insurance companies that employ agents do not necessitate you to work with them and a few of them do not employ agents at all. Buying auto insurance online is one of the best options for you if you do not have much time and want to get inexpensive car insurance, as it saves you from paying commission to an insurance agent. If you are not sure about your car insurance needs, then buying car insurance online, without an insurance agent can cause you to buy the wrong, too little, or too much insurance.

Select your type of coverage

Besides deciding which company to go with, you must also consider which policy you want. There are three main types of policies, including traditional, usage-based, and per-mile car insurance. So, have a look at these three car insurance coverage programs before you settle for one particular car insurance.

1. Traditional auto insurance

In this type of auto insurance, the insurers determine the quotes for the policy with the help of various personal factors, such as your age, driving history, gender, credit score, etc. Generally, the more risk you have as a driver as per these factors, the more high your insurance rates will be. In this, you can opt for a minimum coverage amount as per the state law or else you can select from a long list of different types of auto insurance coverage.

2. Usage-based auto insurance

As opposed to the traditional car insurance, where insurers presume your driving skills depending on a list of different risk factors and your accident history, usage-based car insurance providers offer you car insurance by seeing you in action in real. In this type of car insurance, like Allstate’s Drivewise or Progressive’s Snapshot, you get a telematic device, which you have to plug-in your car. This device records how you drive and your driving behavior, especially your bad driving habits like accelerating or hard braking.

So, if the device records that you are a low-risk driver, then you can save your money with usage-based car insurance. However, if it records that you frequently drive late at night or you drive fast, then it would not help you save money with your car insurance. Additionally, many usage-based car insurance programs are not available in each state. Therefore, if you are devoted to one insurance company, then you may have to switch your company, in case you move to a different state.

3. Per-mile auto insurance

Per-mile auto insurance providers also use a telematic device, but they focus on just one thing, that is how little or how much you use your car. However, this car insurance type is still new and is not available in every state. Among others, Metromile is the best provider of per-mile car insurance and is available in seven states until now, which are California, Illinois, Oregon, Pennsylvania, New Jersey, Washington, and Virginia.

Additionally, per-mile providers use the same elements as traditional insurers in determining your car insurance rates, but you can save some money through its telematic device. If you do not use your car much and use it only for emergencies, then your premium may be cut significantly. However, if you normally drive your car, then there are fewer chances of you saving money from it.

Shop around

No matter how you purchase your insurance, whether you go for a dedicated agent or you directly sign up with a car insurance provider, you must shop around in order to get the best rates. Do some homework and do not just settle for the first deal that comes your way. This is because rates for the same policy can differ from one company to the other by thousands of dollars. Therefore, comparing different car insurance offers is the best possible way to land up a good deal.

A Guide To Buying Your Ideal Car

Nothing is as exciting as shopping for, and buying, your first car. With car dealers treating you like royalty, the fresh smell of a new car, car tech, and different colors to choose from, it is easy for one to be caught up in the moment or make the wrong decision. It is for this reason and more that you should never make a rushed decision, especially on your first purchase.  You might, however, want to research more about your ideal car, the various available options, and what you want in the car. Outlined below are some of the factors to consider when shopping for a new car.

A MINI Paddy Hopkirk Edition

1.         It’s Long Term Value

For how long are you looking to use the car? Do you wish to use the vehicle for as long as it runs?  Do you really need a new car? These are some of the questions to ask yourself before choosing either a second-hand or a new car. Most new cars, according to AA, lose around 40% of their market value one year into use. Some cars will depreciate much faster than others; another reason you need to be concerned about your choice’s depreciation rate before the actual purchase. A little research on this will help you make a more informed decision.

2.         See If It Fits Your Lifestyle

What are you looking to use the car for? Will it fit in your garage? Will everything you use daily (e.g., pushchairs) fit in the boot? Will it be capable of handling the terrain around you? These are some of the factors to consider when shopping for the ideal car. This should, at least, come before choosing the racy sleek black, yellow, or vibrant red colors of your favorite cars.  Only go for a car that will not only fit your lifestyle but also come in handy when you have to make a few lifestyle changes.  Citroen recommends making a list of must-haves before walking into a dealer’s shop. Be sure to create a column of what is essential, and the added extras you would be happy with according to your budget.

3.         Consider Autonomous Emergency Braking (AEB) As An Additional Feature

Autonomous emergency braking is an advanced feature that helps monitor various traffic conditions and brakes the car accordingly, especially if the driver doesn’t on time. This is especially useful and crucial in emergencies that could lead to crashes. According to research conducted by Thatcham, AEB systems have helped reduce real-world rear-end collisions by approximately 38%, a reason they recommend ensuring your car is at least equipped with one. The AEB feature doesn’t, however, come standard in most vehicles; hence worth adding to your must-have features.

4.         Consider Your Payment Options

Always have your car finance options in check before walking into a dealer’s shop. Consider all available options, and choose the one that suits you best. The dealer might also outline other payment options you could be interested as well.

5.         Stick To Your Budget

The rule of thumb when shopping for a car is to compare prices from various dealers, both online and offline.  Check with every car dealer you can think of to get an idea of how much the car costs. Some dealers will, of course, be more affordable than others.  Nevertheless, having an idea of the lowest price you can get the car for, gives you a better chance of negotiating and getting a better deal. Parkers and What Car are a perfect example of examples you can compare various car deals.

Do not let the dealer or salesperson talk you into paying more than you had budgeted for. State your final price and stand by it. Only sign the papers after you are in agreement, not before.

6.         Pick The Best Time To Buy

As weird as it may sound, the time you choose to buy the car can have a significant impact on how much you have to pay in the long run. According to Auto Trader, most dealers will have lots of stock to shift between September and March, and just after a new number plate format has been introduced.  August and February can also be an excellent time to buy a car. This is because most dealers will be looking to clear old stock.  You might also want to visit the showroom during the weekday and avoid weekends at all costs. You are better placed to get a better deal on Friday than you would during the weekends. This is because the dealer is eager to hit their weekly target.

PIP: Insurance Coverage That You Want Together With Your Auto Policy

Ever hear of PIP? For those unfamiliar, we’ll give you the long form name for this form of coverage. Personal Insurance Protection is an extension of an auto insurance policy that is an optional coverage in some states, a required coverage in others and not available in still other states.

What is it?

PIP or Personal Insurance Protection is a medical insurance that protects you or your passengers if there is an injury from a car accident. If you have acquired it, PIP will cover medical costs and more even if you are responsible for the accident or collision.

Understandably, the coverage is also known as ‘no-fault insurance’ due to the nature of coverage not being dependent on liability.

Of course in states like New Jersey, New York, Pennsylvania and Florida where the Personal Insurance Protection is mandated, drivers need only get a minimum required amount of coverage.

This is where the insurance professionals put in their advice.

“Don’t get the minimum amount of PIP coverage,” they say. “Even if you find your overall auto insurance premium on the rise due to our recommendation of at least $250,000 in the associated coverage, you’ll be thankful if the need arises.”

The ensuing example of a policyholder illustrates the truth to the claim.

A man did not like the fact that his car insurance would increase with the acquisition of $250,000 in PIP so he decided to stay with the status quo of $15,000 in related PIP coverage and no increase in overall auto premium.

But luck was not on his side in this case.

After getting into an accident and remaining in the hospital for two days, the associated bill was over $45,000!

This was a hard lesson, spurring him on to requesting additional PIP coverage as recommended by his agency.

“Like me,” he said, “most folks do not comprehend how important an adequate amount of health related coverage is in regard to vehicle protection. I learned the hard way that it pays to listen to the professionals who understand the impact of an accident – something that can occur at any given moment anytime. “

Personal Insurance Protection can provide the following coverage after a crash that may result in injury.

• Medical costs, rehab costs, ambulance, medication, durable medical equipment

• Loss of wages if applicable

• Substitute of service by the injured party, if applicable

• Funeral costs if injury leads to death and if applicable in coverage.

For more information about this important coverage, speak to the experienced professionals.

Best Auto Insurance

The truth is that there is no one company or policy that is considered the “best auto insurance.” What is true is that for every individual there is a policy that is the best for you. There are three main types of auto insurance policies available to the average driver; liability coverage, comprehensive coverage, collision coverage.

Generally speaking, liability coverage is the least expensive, followed by comprehensive, then collision being the most expensive. However, there are many more factors that go into the cost of a policy. Age of primary driver, the location of the vehicle to be insured, make and model of vehicle, driving record of primary driver, and even the safety ratings of the vehicle all go into considering the cost of your policy.

By law, every car that us driven in the United States must be insured. The mandatory nature of this can make it tempting to purchase the cheapest policy possible, especially if you are not a rich person. Many people have made that assumption and bought the cheapest possible insurance only to find out after an accident or a theft that the policy they bought didn’t cover anything! The best auto insurance is most likely not the cheapest. Liability coverage does not cover any damage to your car that occurs in an accident, regardless of which driver is at fault. It also doesn’t cover and theft or the vehicle, which could leave you one sorry car-less driver.

Comprehensive coverage will cover a stolen vehicle and is usually only a little bit more expensive than liability coverage. When is comes to auto insurance, it is best to not be a cheapskate because you could end up losing much more in the end. Comprehensive pretty much cover anything other than a collision, such as acts of nature ie. rain or fire.

Collision coverage will give you the most complete coverage and because of this, it is usually quite a bit more than comprehensive coverage, on average 50% more. Collision coverage will cover any damage done to your car from a crash of any kind, whether it be a collision with another car or crashing into a tree. This type of policy will also cover everything that is covered under comprehensive. Although the monthly payments might be pricey they can pay off big time in case of a major accident or any other kind of incident.

Keep in mind that there is always a deductible that needs to be paid when you file a claim. Usually, the higher your deductible, the lower the monthly payments are. One might be tempted to opt for a high deductible to keep their monthly payments down, but this tactic is short-sighted and could bite you in the rear or you ever do need to make a claim.

Hopefully, these tips and pointers have helped you decide on the best auto insurance for you!

Understanding Why Auto Insurance Premiums Are Very Costly

These days, we’re all complaining about the high cost of living. It appears as if anyone who owns and operates an automobile is hit by a good dose of bills that require struggling with: the cost of purchasing the car, fuel costs, maintenance and repair costs – and the super BIG ONE – auto insurance premiums.

If you haven’t yet verbalized it, no doubt the glaring question is underscored in your mind: Why does car (read car, truck, motorcycle, RV and so on) insurance have to be so very, very expensive?!

The answer to anything related to insurance comes from the industry itself and this is no exception.

“Insurance rates differ from person to person and are based on a few factors,” says a noted specialist working in the Tri-State area and employed by an independent agency. “It all boils down to how much of a risk you as a driver may be.”

Eight Factors that May Affect Your Auto Insurance Bill

Some of the things that determine how much you pay for auto insurance are listed below.

• What Type of Vehicle you Drive

There is a clear difference between makes and models of cars in regard to safety. Moreover, higher-end cars attached to a bigger price tag are more attractive to car thieves and are more expensive to replace; they are also more expensive to fix after an accident.

• Your Address

If you live in a place that has a higher crime rate, your premium will reflect the risk of theft. If you locality has proportionately more auto accidents and submitted claims, it will have an effect on your premium as well.

• How You Use Your Car

If you use your car for the commute to and from the workplace or use it for business purposes, you’ll find that you will have a higher premium than those that drive just to go to the grocer or for leisure trips.

• If You Are a Good Driver

If you never have gotten a driving ticket or never been an accident, you will have a lower insurance rate than those who have a less pristine driving record.

• Your Claims Record

If you have previously filed insurance claims, especially if they have resulted in big payouts, your insurance premium will reflect that. But you may also find a rate increase if you have only filed claims in regard to accidents where you are not at fault.

• How Old You Are

Young drivers, especially boys in the teen years, are grouped together as riskier drivers because the statistics say they display poor driving habits and are involved in and cause many more serious accidents than older drivers. To a lesser degree, those sixty-five and older may find their insurance rates up due to age matters that contribute to poorer reflexes, eyesight issues and more.

• Marriage Status

Studies show that husbands and wives are not involved in as many collisions as those who are not married.

• How Your Credit Rates

Though this may not seem fair to some, insurance companies may class you as a driving risk due to your poor credit score.

Speaking to a knowledgeable specialist employed by an independent insurance agency will help you navigate through the web of insurance policies so that you are presented with the most tailored one at the most competitive price.

Incredible Tips to Consider When Looking for Cheap Car Insurance

Did you know that there is always an accident taking place every few seconds in the United States and other developed countries globally? Getting reliable and cheap car insurance is therefore one of the most important things as you seek to cover yourself and your car from the possible accidents that could take place as you drive your car. This way you are able to be sure that you are covered and that at the same time you have saved some money in the process.

There are numerous companies online some of which you will find reliable to work with as it is always a mandatory requirement that every car be insured before hitting the road. When looking for a good insurance cover for your car it is important to consider a number of factors such as the benefits it offers you even as you compare the prices. Many people are normally blinded by the price of the cover only to find out that the benefits they were to get from that particular cover are flimsy.

When looking for cheap car insurance, there are various tricks that could be helpful to you so as to identify the ideal one. Below are some of the tips that you should consider in the process:

  • Normally, though there are numerous insurance companies dealing with all types of insurance covers, the truth of the matter is that they all offer the same services though at different rates and benefits. You should therefore do a thorough research in order to identify which company is suitable for you in the light of the cost. The online pages are ideal in giving you a wide range of insurance quotes from a huge selection of companies so as to make your choice.
  • When looking for a cheap car insurance cover, you must understand that the price is affected by the car models and therefore you should consider buying a “low risk car” as high risk ones are normally expensive to insure.
  • You can also be able to procure for inexpensive car insurance by lowering the coverage. For example you should know that old cars do not require the full coverage and therefore a third party policy will be OK in such a case. You should review your policy every time you are renewing it so as to determine what is of importance in the insurance cover and what you can do away with.
  • Cheap car insurance can also be obtained by negotiating for a discount from the company of choice. This can be obtained under certain criterion such as good driving record or multiple car discounts. Carry out some research and know which one affects you and could work well for your case.
  • You should also seek to have your car installed with anti-theft devices. This is one of the best ways to negotiate for cheap car insurance with any company.
  • Inexpensive car insurance can also be obtained by seeking to purchase annual policies instead of half year policies. This is always looked at as if you are buying goods on wholesale and therefore offers you an opportunity to save some money on your car policy.

These are some of the most effective tips that will definitely work for you when looking for cheap car insurance covers. With a huge number of companies offering their services online, getting your ideal company will not be a huge problem.