What Are the Different Types of Car Insurance Coverage?

Most motorists buy one of two types of car insurance policies, depending on the value of their automobiles, budget, risk preferences, individual circumstances and other factors that affect automobile insurance rates. Ordinarily, people are expected to make a decision based on cost-benefits analyses. However, all sorts of reasoning influence people’s policy choice. Let’s explore what types of auto…

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Third Party Car Insurance

When you buy a car the first thing you need to sort out is insurance. Actually, you can take the risk and not insure your vehicle for damages. However, you have to buy at least state minimum auto insurance in order to provide third party car insurance coverage for others who may suffer injuries and…

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Full Coverage vs Liability Car Insurance

Insurance policies offer protection for vehicle owners, drivers, third parties and lenders. The question of who needs to be protected determines the choice of liability or full coverage car insurance. Your circumstances can dictate the choices available to you as well and force you to get basic or full coverage. Various possibilities, options and choices…

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Monthly Car Insurance Plans and Costs

As most people are paid in monthly intervals they like to see their costs monthly as well. That is why a few insurers tend to quote premium costs monthly. It is worth nothing that this may be done for illustration and comparison purposes and may not refer to how the premiums are paid. But some of…

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Standard Auto Insurance

When people talk about a typical policy they refer to standard auto insurance coverage that is offered to average drivers, who have sufficient driving experience and acceptable record. Such policies follow the common industry practices in the way they insure vehicles and drivers and stay within the usual limitations and restrictions. Most applicants can get standard car…

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Preferred Risk Auto Insurance

A vehicle insurer’s success depends on how good they are in assessing risk. Generally good drivers with no recent claim or traffic ticket and several years of driving experience are categorized as preferred risk because they are much less likely to make a claim. They get offered a preferred risk policy, which is cheaper than…

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Competitive Auto Insurance Quotes

A market with healthy competition is the basis of modern economic theories. Motorists can get great value for their money when insurers try hard to beat each other with better coverage, service and competitive car insurance quotes. However competitive markets cannot help you if you fail to compare rates from various companies to see who…

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Auto Insurance Companies Near Me

Often motorists are put off searching for cheaper quotes even though they are convinced that they are paying too much for insuring their automobiles. If you are asking questions like who are the cheapest car insurance companies near me you are not one of those policyholders who will put up with high rates from their…

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List of Auto Insurance Companies

Majority of drivers have confusingly many choices when it comes to finding a company to insure their automobiles. In fact, there are over 200 vehicle insurance companies in the US according to J.D. Power. Even the states with the least number of companies have around 100 of them selling auto policies. However, people don’t just…

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Non Standard Auto Insurance

Many drivers are considered non standard or not fitting in the usual rate structure of most insurers because of their driving records, age, credit score, driving licenses and many other reasons. That is why most traditional insurers deny coverage or quote very high premiums for these higher risk applicants. As the market gets competitive, good…

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Same Day Auto Insurance Coverage

It takes only minutes to get a few car insurance quotes today and they are pretty accurate that you can rely on them. Therefore, you don’t need to worry about finding same day auto insurance coverage. As long as you have enough knowledge about insuring a vehicle there is no reason why you cannot decide…

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State Minimum Car Insurance

There are many different coverage options when you want to buy a policy. When the money is tight people tend to look for cheap state minimum auto insurance coverage to comply with the basic requirements of their state. There are good reasons for why each state has such vehicle insurance laws. First of all, state…

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Average Car Insurance Rates by Age

It is easy to find the average cost of auto insurance in your state and it is a good figure to compare your quotes to. However, average premium expenditure figures leave out so many variables. For example, the US average is $841 but it isn’t even clear what type of a policy a typical driver can buy for that…

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Can I Insure a Car I Don’t Own?

Often people ask questions like can I insure someone else’s car? It may be possible to insure a vehicle you don’t own, depending on several factors. Most states allow automobiles to be insured by someone else other than the legal owner. However you need to check this since few states require that auto insurance and…

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What Is Auto Insurance?

Everyone probably has an idea as to what is car insurance. However, there is no harm in properly defining it and various coverage options in detail to avoid false expectations. Also, it is always a good idea to refresh your knowledge every so often because insuring a vehicle requires attention to detail. Auto insurance is a…

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High Risk Auto Insurance Companies

The term high risk car insurance may suggest that only handful of people would fall into this category. However, 30 – 40% of drivers can fall into this risk profile depending on who is defining high risk. In the same way, people may think that high risk auto insurance companies would be few obscure and…

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What Does Auto Insurance Cover?

There are several ways of looking at insuring your vehicle. You may be asking what is the cheapest car insurance I can buy and it is answered in that post. Or you can keep reading to find answers to what does car insurance cover before worrying about buying one. It is important to know all your…

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How Much Is Car Insurance?

The question of how much is car insurance may sound like easy and the answer should be an indisputable figure. However, it is so difficult that insurers use complex formulas and computer programs to solve. One of the first things we need to know to answer it is the coverage required and therefore this question may need to…

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When Does Car Insurance Go Down?

Policyholders love to see premiums drop at renewals and this post explains what makes auto insurance go down. When does car insurance go down is a fairly general question and we will try to break it down below. Your rates may gradually go down in many stages and after specific events or changes in circumstances. That is why it…

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