What Does Liability Car Insurance Cover?

Auto policies have many components and each provide different protections. You need to have relevant provision in order to make a claim for a particular loss. Believe it or not, there are many motorists who buy liability only vehicle insurance and expect that their own repairs will be paid for following a collision. So, it…

Continue reading

Own Damage Automobile Insurance

In early years of vehicle ownership, many young people may have very little knowledge about coverage options. Considering how expensive premiums can get for a novice, they may just get a basic liability policy that enables them to drive legally. Some people actually think that is all they need any it will pay for all…

Continue reading

Can I Pick the Right Auto Insurance On My Own?

Gathering information, comparing products and services and finding answers to questions so that you can make an informed decision has never been easier. Doing the research at the beginning rather and asking questions as and when needed allows people better prepare for the worst case scenarios. Otherwise, you can spend truckload of money and still…

Continue reading

Auto Insurance Child Not Living At Home

Having a teenage driver listed on your policy makes a noticeable difference to premium. However, it is even more expensive for young people to buy their own coverage. Another question to be answered here is should parents remove or keep children who left home on automobile insurance? The solutions are not often straightforward because they…

Continue reading

Auto Liability Insurance Definition

By definition, liability is designed to indemnify others for damages the policyholder may cause and they are mostly voluntary, but not auto. Probably one of the first thing people hear when they consider owning a car is that they must buy insurance. In order to reduce vehicular accidents and help citizens after they happen, each…

Continue reading

Do I Need Insurance to Register a Car?

States rigorously enforce the minimum auto insurance liability coverage requirements they set by laws. It is now much harder to drive undetected thanks to online connectivity between them and carriers. Generally, you cannot register a car if you don’t have the proof that is another layer in the system to ensure people are buying at…

Continue reading

What Is an Auto Insurance Premium?

When it is used in relation to auto coverage, definition of the word is different than its use in a normal conversation to mean superior or additional amount to be paid due to high demand. In that sense, Premium is the price of a car insurance policy. In other words, it is an income for…

Continue reading

What Is PLPD Car Insurance?

Different definitions and acronyms may be used in various parts of the USA to mean the same thing. Motorists must buy auto policies to comply with the laws of their state. And this compulsory coverage may have distinctive names depending on where you live or whom you talk to. So, we will have a look…

Continue reading

Force Placed Insurance

Today, getting a mortgage to buy home or a loan for a vehicle purchase is a commonplace. One of the main reasons why banks and other providers are comfortable with lending large sums of money is that houses and cars are good enough collaterals for loans and they can repossess them if the borrower doesn’t…

Continue reading

Do You Insure the Car or the Driver?

Sometimes it can be confusing what you are really insuring, the vehicle or people? That is why these questions are often asked. It may sound like a tongue twister but actually a very good point to understand how it works. We may need to look at specific circumstances to clarify whom and what is included….

Continue reading

What Is Comprehensive Auto Insurance?

The name suggests that almost all aspects are well thought of. But it is usually not that simple. Yet wide ranges of perils are built in. Comprehensive car insurance definition is that it is a type of protection included in full coverage policies to pay for most damages to the vehicle, except collision. If you…

Continue reading

What Is Gap Insurance?

It stands for Guaranteed Auto (or Asset) Protection. Owners often confuse it as insurance for loan payments or even the vehicle. It is usually bought for upside down car debt. What it is and what it isn’t discussed in detail below. The moment you drive a brand new automobile off the dealer’s lot it becomes…

Continue reading

Does Bankruptcy Affect Car Insurance?

The relationship may not be obvious but being poor affects premiums indirectly. The indicator that gives away the position is credit history. And insolvent people are likely to have terrible scores once the facts are registered by the agencies that keep records. Being declared insolvent will tank your score and it will in turn affect…

Continue reading

What Is SR22 Insurance?

Although it is widely referred to as SR22 insurance it is actually a filing to confirm existence of liability coverage. It is a certificate, which is usually provided to DMV by a vehicle insurer to confirm financial responsibility. It is also known as FR44 in some states. If you haven’t caused any accident or taken…

Continue reading