Monthly Archives: June 2016

Auto Insurance Tips Guide

Like our life needs to be protected against the unwarned dangers, our assets too should be shielded from all kinds of damages that can happen to them. Unlike few centuries ago, nowadays one of the major assets of people is their vehicle. Automobiles especially cars are incredibly expensive these days and on the same hand there is a surge in the crime against the vehicles. This makes it mandatory for every person to get his/her vehicle insured and so secured.

Auto insurance thus is the ideal means to cover your vehicle against danger of accident, theft and other incurred losses. Auto insurance covers the insured party, insured vehicle as well as the third parties. Each item is covered under different circumstances specified by different polices. Besides this some auto insurance policies may additionally cover medical expenses, personal injury protection and no-fault insurance.

Auto insurance is becoming more and more popular day by day. As a result at present numerous insurance agencies are offering auto insurance and thus people find it easy to choose from different policy packages available.

However before choosing auto insurance policy there are several crucial things to be considered. Some of which are listed below:

1. Prior to purchasing an auto insurance policy get as many price quotes as possible from different companies. This can be done online, through visiting the agencies personally or through an agent. Always go with a company that is financially stable.

2. Always check the cost of insurance before purchasing a car or any other vehicle. The car’s sticker price, the cost to repair it, its safety record and chances of theft are the factors that comprise the car insurance premiums. The information regarding which car to buy can be acquired from the Insurance Institute for Highway Safety.

3. Always make it a point to look for higher deductibles. Deductibles are the amount paid prior to implementation of the policy. High deductibles greatly lower the costs. But opt for higher deductibles only when you have enough money kept aside to pay it if you have a claim.

4. You must bear in mind the fact that the coverage of the car varies with its worth. So the coverage is less on older cars and more on a brand new car.

5. If you have more than one car, prefer taking its insurance from the same insurer or if the insurance agency that has insured your house also offers auto insurance, go with it only. This will not just be playing safe but you may also get some discount on the policies.

6. Always try to maintain a good credit record. This helps in fetching you a good insurance policy for most often insurers use the person’s credit information to rate auto insurance policies.

7. Draw the benefit of low mileage discounts. Some companies offer discounts to motorists who drive less than average or estimated number of miles per year.

8. You can also avail the facility of group insurance. Some companies offer discount to drivers who get insurance through a group plan.

9. Last but not the least before purchasing an auto insurance policy, keep one thing in mind that companies offer discounts to policyholders without any record of accidents or of disobedience of road rules etc.


8 Auto Insurance Tips

We would like to offer you some interesting tips to help you in your auto insurance selection process. With these 8 bullet points you should be able to find your way in the wide range of auto insurance policies that auto insurers have to offer.

  1. You are just a number in the statistics An insurer doesn’t look at his customers as people, to him a client is just the sum of a number of risks. These risks are the starting point to calculate the premium you will pay them so they will give you an insurance policy. They also take into account factors that seem unrelated to driving a car like your occupation, who you are and in what circumstances you live your daily live.
  2. Always compare Like with every other product or service you buy, you will see that you pay a wide variety of fees for what looks to be the same product. So always compare insurance companies and choose the one that fits best to your needs.
  3. Price isn’t everything What looks to be a bargain usually has a catch to it. Price is important, but the service levels and financial stability that an insurer has to offer is even more important.
  4. Don’t settle with just the basics In the US, most of the states only require you to just have a minimum of auto-insurance liability coverage. This will keep you from getting penalties, but it may be interesting to look for a greater coverage that just the legal minimum.
  5. Demand discounts Most insurers give their clients discounts in order to reward them when the show behavior that reduces risks and thus also the chance they will have to pay out a claim. However, in the most cases people just don’t know this and keep paying too high a price just because they forgot to ask these discounts.See which different discounts are available.
  6. Don’t settle for second best Lots of insurers lower their costs by only paying for car parts which aren’t made by the car’s original manufacturer. There is always a risk that the quality of these parts is inferior. That’s why you should always demand parts by the original equipment manufacturers (OEMs).
  7. Your insurer isn’t always your best friend What you find a fair compensation isn’t always the same for your insurer. His job is to restore you financially. This is only possible if you do your job, prove your losses so he doesn’t cut you short.
  8. A good preparation is half of the job Always keep your policy updated and read over it when you need to file a claim. It’s better to know every letter of this policy that to find out some unpleasant surprises.

Getting Affordable Teenage Car Insurance Plans

It is true that adding your teenager to your auto insurance policy can be an expensive venture. On the other hand, it is important that you know that teen car insurance is necessary to protect your teenager and your automobile in the event of an accident.

Saving Money on Teen Auto Insurance

A lot of car insurance providers consider drivers that are under the age of 25 as a higher-than-average risk for car-related accidents. This high risk fact associated with teen accidents and death can raise up your vehicle insurance rates by 50 to 100 percent. This simply means a high teen car insurance premium.

Wait a minute, before you take away the vehicle keys of your teenager, it is important you know that you can save money and afford the right teen auto insurance you need. Make sure your teen puts in some effort and follow the following guidelines:

o Keep a Clean Driving Record – It is true that only one DWI conviction is enough to skyrocket your teen car insurance premiums from a low premium mark of a few hundred dollars to an over-the-roof mark of thousands of dollars every year for at least 3 years.

o Get Brownie Points – A lot of insurance companies offer teen auto insurance discounts to teenagers that attend high school or full time college and maintain a minimum 3.0 grade point on the average. Insurance agents and providers are known to offer discounts to teenagers that are involved in locally accredited driver safety course or other state-approved programs. Be sure to ask your agent about these discounts.

Do you need quality and complete teen insurance for your automobile? Let us connect you with the agents on our network. This will make it easier for you to compare different policies and their prices so you can choose your ideal teenage vehicle insurance plan.