When you are self-employed you are your own boss and that may sound great. However, it also means that you need to make sure you are paid well and insured properly. You will need to sort out health, business and vehicle insurance and avoid a catastrophic business failure due to an unforeseen but insurable event….
Continue readingFactors Affecting Rates
There are so many factors affecting car insurance rates. They are explained, discussed and assessed on this site so that our visitors always get the best auto insurance quotes.
What Is SR22 Insurance?
Although it is widely referred to as SR22 insurance it is actually a filing to confirm existence of liability auto insurance coverage. It is a certificate, which is usually provided to DMV by your vehicle insurer to confirm financial responsibility. That is why it is also called financial responsibility filing and known as FR44 in…
Continue readingAverage 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, median 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 price….
Continue readingAverage Car Insurance Costs per Month
Everybody has own way of dealing with payments. Normally, you should be able to find a payment method that fits your budgeting style. If you like to pay your bills on a monthly bases it helps to know how much is the average car insurance per month in your state? This information would help you…
Continue readingWhen 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 automobile 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 is…
Continue readingHow Much Does Car Insurance Cost?
A question like how much does car insurance cost can only be answered in terms of averages because every vehicle is insured differently and driven in a diverse location by unique set of drivers. Knowing how much is an average premium can give you clues as to what you should roughly be expecting to pay even though your rates can…
Continue readingDo Parking Tickets Affect Insurance?
You may have to pay fines, penalties and appear in court depending on severity of traffic violation. For a traffic ticket to affect your auto insurance it has to go onto your Motor Vehicle Records (MVR). If vehicle insurance companies cannot see anything about a particular ticket in your MVR they cannot apply a surcharge for…
Continue reading10 Tips to Get Cheap Car Insurance for Bad Driving Record
When you have bad driver history you will discover quickly that you need to work harder to find the best car insurance for bad driving record. The problem is that quite a few insurers are only keen on good drivers. They do accept drivers with poor driving history but they hardly offer them discounts. And quotes end…
Continue readingWhy Is My Car Insurance So High?
Ever wonder why your premium is higher than your friends or family? Why has it risen to a point where you may struggle to afford it? Find out the top 10 reasons that can answer your question; why is my auto insurance so high? You may be surprised with the reasons for high rates and solutions can be…
Continue readingHomeowners Auto Insurance – Why the Big Discounts?
Calculation of vehicle insurance premiums require complex algorithms that can be equated to the search algorithm of Google’s search engine. They are enigmatic to the point that every insurer uses their own proprietary algorithm to help ensure their claims or losses do not outweigh their profits. Of course insurers are businesses and need to make a profit. In…
Continue readingCheap High Risk Auto Insurance – Who Needs and Where to Buy
Most drivers may run the risk of falling into the ‘high risk driver’ status at some point in their lives. As this designation refers to a variety of life and personal situations, understanding how you might be labelled a high risk driver will be important. It will help in understanding how to avoid it, how…
Continue readingHow Much Does a Claim Affect Car Insurance?
The short answer is, quite a lot. The total cost of auto accidents in the United States for 2013, the most recent statistics available, was $871 billion. This amount includes the medical, lost productivity, legal, emergency services, insurance administration, workplace, present and future quality of life valuations and property damages. It equates to more than…
Continue readingHow Do Zip Codes Affect Car Insurance Quotes?
There are a few factors that affect your vehicle insurance costs. Some of them are more influential than others. Insurance is all about pricing risks of having to pay for claims arising from insured perils. As companies don’t employ fortune tellers to see the future they have to look at other indications of risk. The…
Continue readingHow to Find Affordable Car Insurance for High Risk Drivers
Some drivers may really need help with their driving as they cannot help but get into accidents and pick up traffic tickets. It would be a challenge but this post is about finding affordable car insurance for high risk drivers. Such drivers should look into taking advance or defensive driving courses before they get into a…
Continue readingHow to Improve Credit Score and Car Insurance Rates
A good credit score increases your chance to borrow and qualify you for cheap car insurance rates. When you have a bad credit history lenders can refuse your application for a loan or mortgage or charge you much higher rates. In the same way, some auto insurance companies can offer up to 25% discounts to motorists with excellent credit score….
Continue readingWhat Do Car Insurance Companies Look at for Accurate Quotes
Auto insurers can only ensure their success by adequately gathering information and processing it to calculate accurate car insurance quotes. It is in the best interest of both policyholders and insurers that all the facts relevant to insuring a vehicle considered and fair premiums agreed. Detailed information can help good drivers save money while further revelations of negative…
Continue readingHow to Find the Best Auto Insurance Policy for You
Does your automobile insurance policy fit you perfectly? They may all be written on similar type of paper but their content is hugely different. You want coverage to fit your protection requirements perfectly and premium not to stretch your budget. Also, you want to be insured by a reliable insurer who will not mess you around when you have a…
Continue readingHow to Find the Best Car Insurance with Bad Credit History
These days insurers place a lot more importance on applicants’ financial standing. If you cannot look after your credit score anymore due to not having regular job how bad automobile insurance rates can get up to? How much more would you have to pay for having poor credit history? And how can you get the best…
Continue reading10 Personal Choices that Influence Auto Insurance Premiums
When you get a quote you see a dollar figure but many details are considered before arriving to that figure. Some of those are external and you cannot do anything about them. You can affect a few of them to get cheap auto insurance costs in short, medium and long term. Here are some of…
Continue readingAm I a Homeowner if My Spouse Own our Home?
Question: Does your name have to be on the title to be considered as homeowner? What if my spouse alone own the home we live in? Can I still claim homeowner and other related discounts when I am buying a car insurance? Answer: Naturally yes. Most auto insurance companies see married couples as one. For example, they…
Continue readingThe Best Car Insurance for College Students and Graduates
College students or recent graduates don’t usually have long driving history and they are considered high risk due to age and inexperience. So you need to find these insurers that offer the best vehicle insurance for college students since there aren’t many other discounts you can qualify for. Also, It is unlikely that you have a…
Continue readingAre Hybrid Cars more Expensive to Insure?
Hybrid vehicles are a bit different in several ways than the ones with totally petrol operated engines. Naturally motorists who own or are interested in buying one would ask following questions. Are hybrid cars more expensive to insure? Why would you need to pay more for a hybrid since they are not sports cars or…
Continue readingHow Long Does an Accident Stay on my Driving Record?
You may have been enjoying pretty low auto insurance rates until making a car accident claim. Once an at fault collision goes on your record you lose your good driver discount. Now you are probably going to face a vehicle insurance premium increase at renewal. And you would be asking yourself how long does it take for car insurance rates to recover…
Continue readingHow Much Does Insurance Go Up after an Accident?
At fault accidents are the primary tell sign that there is something wrong with your driving. Do car insurance companies take the same view or they may be more forgiving after just one incident? In 2013, total cost of auto accidents in the US was $871 billion which equates to more than 6% of the gross domestic product,…
Continue readingWhy Do Insurance Companies Ask for Social Security Numbers?
Many people get protective when they need to give sensitive information about themselves, especially online. That is why they often ask these questions. Is social security number (SSN) required to buy an auto insurance policy? What is the significance of social security number in car insurance premium calculations? These questions are answered below. A lot of information is…
Continue readingAm I Paying too Much for Car Insurance?
More than half of policyholders pay too much for auto insurance according to Progressive insurance company report. Another report shows that nearly 2/3 of policyholders don’t even know about it since they never get alternative quotes. You know how much is your premium and maybe asking why am I paying too much for car insurance. As…
Continue readingBasics of Car Insurance Premium Calculation
We are made to believe that car insurance premium calculation is something very complex and hard to understand. It is something that is done buy super computers with sophisticated programming. We are forgetting something that only few years ago they were done by hand. In any case, there is a basic logic behind these complicated programs…
Continue readingWhy Did my Car Insurance Go up for No Reason?
Many policyholders blame inflation when their automobile insurance keeps going up a bit every year. Usually, it should be the other way around and your premium should come down every year that passes without a claim or traffic violation ticket. So, when you see a rate increase out of the blue you should ask your insurer…
Continue readingHow Far Back Do Insurance Companies Check Driving Records?
When you have recent claims and traffic violation tickets you cannot wait for them to stop affecting your premium. So, it is understandable that you want to know how far back do car insurance companies look at your driving and claims records? Or how long a traffic violation ticket or a car accident claim affects your automobile insurance…
Continue readingAverage Car Insurance Rates for Teenagers
If you are a teenage driver you probably pay a high premium and want to know at what age does car insurance go down? Your frustration is understandable since high premiums are a huge surprise for many young and new drivers. Naturally, you may feel that you haven’t done anything wrong to be avoided like the…
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