The minimum car insurance coverage required in each state is designed to establish a baseline level of financial responsibility for motorists. It ensures that drivers have at least some insurance coverage in case they are involved in an accident and are found to be at fault. This helps protect the interests of the public. However,…
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Does Auto Insurance Cover Pothole Damage?
Pothole damage is considered a loss arising from hitting an object on the road and normally covered by Collision coverage so you can only make a claim if you have this coverage on your car insurance policy. Remember that collision coverage comes with deductibles and therefore, the damages may need to be substantial for it…
Continue readingWhen Does Liability Only Car Insurance Make Sense?
Today, most companies offer quotations for comprehensive policies, unless you specify otherwise. They work hard on preparing attractive full coverage packages with many additions. But, there are still times it may be all right just to buy the minimum legally required to drive. So, when should you forget about the rest of the readily available…
Continue readingCompulsory Vehicle Insurance: Laws and Compliance
Compulsory automobile insurance refers to the mandatory coverage that must be purchased according to state laws before driving a vehicle on public roads. The primary objective of this insurance is to provide financial assistance to victims who suffer injuries or property damages due to a vehicle accident caused by another person. Let’s delve into the reasons…
Continue readingWhat Is Secondary Auto Insurance Coverage?
The idea of primary and secondary car insurance coverage comes from the fact that you cannot double dip when you have a loss. If you have two separate policies dealing with the same risk one becomes the first in line and the other supplementary. They may end up handling different losses in the same incident…
Continue readingDoes My Auto Insurance Cover Rental Cars?
Before purchasing rental car insurance, drivers should review their existing vehicle insurance policies. Rental car insurance can be as costly as your daily rental fee, and if you already have coverage, buying insurance from the rental company would be redundant and a waste of money. Typically, a standard auto insurance policy automatically extends your coverage to…
Continue readingJoint Car Insurance Policy between Unmarried Couples
Having an equal share of things always comes with its perks and it is the same here. Having both names on a schedule of coverage or deed may eliminate the disputes over who has what too. However, it may come with its problems like shared liability in the eyes of the laws. Assuming this is…
Continue readingWhen to Drop Collision Auto Insurance?
Collision car insurance plays a crucial role in protecting vehicles against accident-related losses. However, there are circumstances where it may be prudent to consider dropping collision insurance to save money. Let’s discuss the intricacies of collision and comprehensive coverage, their relationship, and explore when it’s appropriate to drop both coverages and opt for liability-only vehicle…
Continue readingWhat Happens if I Drop my Car Insurance Coverage?
Firstly, it is important to note that a car must be insured in order to be driven and protected against damages. When planning to be away for an extended period, you may consider dropping your auto insurance coverage. However, this decision should be carefully evaluated based on various factors. If you have a secure private…
Continue readingHow to Insure Multiple Cars on One Policy
In most cases, this option may serve well for households with several vehicles, even if they are driven by or registered to a different member of the family. If you want cheap auto insurance premiums you need to find smart ways to increase discounts. You should be able to have multiple automobiles on one policy…
Continue readingWhat Does Liability Car Insurance Cover?
Although buying a car is easy and anyone can have one, driving a vehicle on public roads is a privilege, which requires compliance with the highway codes and state rules. Liability auto insurance is a system designed to compensate people who suffered from a traffic accident caused by other drivers. That is why it is…
Continue readingHow Much Does my Insurance Go up after a Ticket?
These days, auto insurance companies look at every detail they can obtain. Essentially, they like to make sure that good drivers get decent rates while they sort out the risky ones and penalize them with higher premiums. What is a better indication than traffic and speeding tickets? These are great signs of negligence and disrespect…
Continue readingDo I Need Rental Car Reimbursement Coverage?
Motorists often assume that they will receive a courtesy car free of charge when their vehicle is undergoing repairs. However, the reality is that Rental Car Reimbursement coverage is typically not included in auto insurance policies by default. This coverage is designed to pay for the costs of a replacement vehicle when your own car…
Continue readingWhat Are Car Insurance Policy Endorsements?
An auto insurance endorsement, also called a rider, changes the original policy by adding, deleting, excluding or amending the wording that allows policyholders to customize their coverage to include their special protection requirements or reduce risks and premiums by excluding a high-risk driver or limiting the scope of the coverage. It may also be used…
Continue readingWhat Are Comprehensive & Collision Auto Insurance Coverages?
Auto insurance comprehensive and collision are two types of coverages that protect your vehicle in the event of damage or theft. They are often sold together and jointly referred to as physical damages coverage. While both coverages are optional, they can provide valuable protection depending on the value of your automobile and your financial circumstances….
Continue readingShould You Change Car Insurance Deductibles?
Deductibles are often ignored or their functions aren’t appreciated and can be used just like adjustment knobs on a policy. When they are turned up the premiums can go down while the out-of-pocket amount in case of claims go up. That is why they should be seen as tools to fine-tune vehicle insurance costs and…
Continue readingWhat to Do if Car Insurance Is Cancelled?
At times, automobile insurers have no option other than cancelling the coverage. Perhaps not at an alarming rate but terminations happen and motorists get caught unprepared. Probably the first thing vehicle owners would be thinking is how to get covered again, if they can and want to still drive. So, they have to figure out…
Continue readingCan Someone Else Drive my Car If I Have Insurance?
Standard auto insurance policies cover policyholders, listed drivers and occasional drivers who use the car with the permission of the owner. So, owners won’t be in legal trouble when they let someone else drive their vehicles on occasion since they would be covered by their policy. Essentially, an occasional driver is someone who doesn’t live…
Continue readingHow Does Auto Insurance Cover Thefts?
Vehicles can either be stolen in their entirety, along with their contents, or they may be broken into to pilfer items from inside. Additionally, cars may remain unrecovered or reappear days later with varying degrees of damage. Sometimes, only specific components may be taken, leaving the vehicle in its original location. You need to have…
Continue readingWhat Is Combined Single Limit Liability Car Insurance Coverage?
Your auto insurance policy offers coverage for liability, which can be provided through either a split limit or a combined single limit. The specific limit type determines the extent of coverage your insurer provides in the event that you caused bodily injury or property damage to third parties. A combined single limit policy applies a…
Continue readingCan I Drive an Uninsured Car with My Insurance?
Normally, standard auto insurance policies provide liability only coverage when the policyholder causes an accident when driving someone else’s uninsured car. You buy coverage for a particular automobile but often this coverage extends to other vehicles you may drive under certain circumstances. With a current car insurance policy, insured drivers (policyholders) can drive an auto…
Continue readingLimited Use Auto Insurance Policies: Cost-Saving Options
Many car insurers have their own assumptions regarding vehicle usage and ways of including it in their premium calculations. If you don’t provide insurers with precise information regarding your vehicle usage and mileage, they may calculate premiums based on a typical driver’s profile. Limited use car insurance policies provide an alternative approach that allows policyholders…
Continue readingDoes Auto Insurance Cover Water Damage?
Water damage to vehicles can be a significant financial burden, especially when it occurs due to factors like flooding, intense rainfall, or natural disasters such as hurricanes. The cost of repairing water damage, particularly if it infiltrates the engine compartment, can be one of the most expensive non-collision-related incidents. In many cases, when a vehicle…
Continue readingAuto Insurance Coverage for Animal Collisions
Hitting an animal while driving, particularly a large one such as a deer, can result in significant damages to your vehicle. Understanding which car insurance coverage can pay for these damages is essential to ensure financial protection in such situations. Although it is a collision between a vehicle and animal, comprehensive coverage may pay for…
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