Motorists can protect themselves from many eventualities by transferring the risks to an insurer with a car insurance policy and paying premiums in return. This way they are compensated when they suffer a substantial loss or face a large liability claim, as long as they have the corresponding coverage. This point is very important when…
Continue readingInsuring Automobiles
Can Insurance Companies Deny Coverage for Your Vehicle?
Yes, an insurance company has the right to decline insuring an automobile under certain circumstances. Most insurers have a list of ineligible vehicles, which they have already thoroughly assessed and decided not to provide insurance. They may also turn down insuring unique, heavily modified and high-risk automobiles. Additionally, they may decline to offer insurance coverage…
Continue readingWhat Does Binding an Insurance Policy and a Binder Mean?
When an individual applies for insurance coverage, whether it’s for their home, car, health, or any other type of policy, the insurer evaluates the details provided by the applicant. This information typically includes details about the insured property or individual, such as the value, location, previous claims history, or medical history. Based on this information,…
Continue readingPros and Cons of Staying with your Auto Insurance Company
After shopping around, comparing quotes, and identifying a car insurance provider that offers both competitive rates and reliability, it may make sense to stay with them until they lose their competitive edge, fail to meet your expectations, or your circumstances change in a manner that warrants switching to another carrier. Loyalty is a commendable quality,…
Continue readingAuto Insurance for Pickup Trucks
Many motorists like to own a pickup even though they don’t use it for any business purposes and many companies offer personal car insurance for pickup trucks. The premiums can be surprisingly cheap, depending on its size, safety features like airbags, use, yearly mileage, zip code and the insurer. However, pickup truck owners should inform…
Continue readingInsurance for New vs Used Automobiles
Vehicles’ ages don’t affect the way they are insured but their value either forces owners to buy more coverage or allow them to drop some of it. Although it isn’t always the case, insurance for a used car is cheaper than for a new vehicle, mainly because of their values and the gap opens up…
Continue readingCan I Have Two Insurance Policies on my Car?
Generally, buying one policy for your car is easier, cheaper, uncomplicated and provides all the coverage you need. Companies are flexible enough to include most coverage needed. And you can always try another company if you don’t get the protection you want from your current carrier. It is hard to find a good and legitimate…
Continue readingCan You Insure a Vehicle with a Salvage Title?
No, car insurance cannot be obtained for automobiles with salvage titles. Salvage cars are those that have been deemed a total loss, rendering them too damaged to be worth repairing and legally unfit for driving. Once a car has been declared a total loss, it is typically destined for the scrapyard unless it undergoes sufficient…
Continue readingInsuring SUVs: Costs, Comparisons & Key Considerations
SUVs, or Sports Utility Vehicles, have gained significant popularity in recent years. These versatile vehicles offer ample space, enhanced safety features, and robust capabilities, making them a preferred choice for many motorists. When it comes to insuring an SUV, there are several key considerations that drivers should keep in mind. Let’s discuss the costs of…
Continue readingLow Mileage Auto Insurance Policies
If you are traveling less than 7,5000 miles a year you may be able to benefit from several car insurance policies geared for low mileage-drivers. A discount for low-mileage offers a percentage off of the cost of a standard policy. Although there are some companies who would offer a small discount for driving less with…
Continue readingAutomobiles with Expensive Insurance Rates
From the car’s make and model to its safety features, engine power, and repair costs, insurers carefully assess the level of risk associated with insuring a particular car. While insurance rates can vary widely, certain factors make some vehicles more expensive to insure than others. Factors such as powerful engines, high-tech features, and the luxury…
Continue readingElectric Vehicle Insurance Costs
People are attracted to plug-in automobiles because they are cheaper to run in comparison to similar petrol options and they are environmentally friendly. EVs currently offer hardly any insurance advantages. It is important to point out that almost all insurers offer quotes as usual but they may generally be slightly higher. This position may improve…
Continue readingMotorists Prefer Car Insurance Websites to Agents
Until recently, agents strongly defended that online auto insurance services cannot be compared to knowledgeable human beings. Ironically, very quickly people moved their transactions to the Internet. Perhaps they don’t want to deal with anyone face to face or on the phone anymore. Consumers don’t want to be pressured into buying something that is either…
Continue readingWhen and How Does Auto Insurance Cover Towing?
Being stranded on the side of the road due to a car breakdown can be a stressful experience. While Vehicle insurance protects against various forms of damage, breakdowns are typically not covered by default. However, it is possible to include towing coverage through roadside assistance in your policy. When and how car insurance covers towing,…
Continue readingThe 10 Cheapest and Most Expensive States for Car Insurance
Automobile insurance in the US is mainly regulated at the state level, resulting in different rules, minimum requirements, and varying premium costs. Several factors contribute to these differences, including state regulations, minimum coverage mandates, demographics, economic conditions, social factors, weather, road conditions, congestion levels, and competition among insurance providers. The state you live in has…
Continue readingVehicles with the Lowest Insurance Costs
When it comes to choosing a car, there are many factors to consider, and one of the most important is the cost of insurance. You will keep paying premiums as long as you own the vehicle and it can total up to large sums over the years. The price of insuring a vehicle can vary…
Continue readingHow Does Pay-Per-Mile Auto Insurance Work?
If you are not driving your vehicle much you are a lot less likely to get involved in an accident and submit a claim. However, traditional vehicle insurance policies may not offer you enough savings based on low mileage and therefore motorists may need to look for innovative solutions like pay-per-mile car insurance to prove…
Continue readingAuto Insurance Costs for Station Wagons
Station wagons have been a staple in the automotive industry for decades, offering practicality, versatility, and spaciousness. They are known for their large cargo capacity and rearward extension, making them an ideal choice for families, outdoor enthusiasts, and individuals requiring ample storage space. Let’s dive into the world of station wagons, exploring their popularity, who…
Continue readingHow to Get Reinsured If My Auto Insurance Is Cancelled?
State regulations play a significant role in determining the circumstances under which car insurance policies can be cancelled before reaching the end of the term. Auto insurance policies themselves also outline the specific situations in which insurers have the right to cancel policies. These situations typically involve material misrepresentation, insurance fraud, license suspension or revocation,…
Continue readingShould Teenagers Get their Own Car Insurance?
Obtaining vehicle insurance is a critical decision for teenagers embarking on their journey behind the wheel. It raises the question of whether parents should add their teenage drivers to their existing auto insurance policies or purchase separate policies for them. While both options have their merits, it’s important to carefully consider the factors involved in…
Continue readingImpact of Higher Deductibles on Auto Insurance Premiums
Auto insurance companies typically establish standard deductible amounts for the policies they provide. When policyholders or applicants opt for higher deductibles, insurers often lower the premiums they charge as this arrangement proves advantageous for them for various reasons. Many motorists do not make frequent claims, and some may have gone without making a claim for…
Continue readingHow Much Auto Insurance Is Enough?
When you are in the process of purchasing car insurance, you have the opportunity to get better protection against accidents, unexpected vehicular losses and claims against you. It is legally required virtually everywhere anyway that you may as well check all your coverage options and prices when you are shopping for a policy. Spare a…
Continue readingWhat Is Proof of Auto Insurance Coverage?
Proof of auto insurance is required when you are registering a vehicle, are involved in an accident and pulled over by a police officer. It is provided by your insurer to confirm you have at least state required minimum coverage and include the company’s details, policy number, start and expiration date, policyholder’s name and insured…
Continue readingWhat Is Auto Insurance Misrepresentation?
The underwriting process starts with applicants providing details about themselves, their automobiles, other drivers and answering many questions. In the same way, claims start with a report from policyholders. Car insurance misrepresentation is lying in these processes to get cheaper rates or higher claim settlements and it is fraud. Any deliberate attempt to gain financial…
Continue readingDo I Need Insurance for a Car in Storage?
If your vehicle isn’t being driven or is in an undrivable condition and is stored on private property or in a storage facility, you may be able to get an exemption from your state’s minimum insurance requirements. This can help you avoid paying for insurance when the vehicle is not being used. To do this,…
Continue readingWhat Is Physical Damage Coverage for Car Insurance?
Physical damage coverage refers to the insurance covers you buy to protect your vehicle from potential harm. When you purchase Collision and Comprehensive coverage together, you effectively safeguard your own car against a wide range of risks, including traffic accidents, fire, theft, vandalism, flood, storms, hail, and various other weather-related and accidental incidents. Consequently, these…
Continue readingHow to Renew Car Insurance Coverage Cost-effectively
Renewal period is a good time to have a good look at automobile insurance coverage and prices. This is your chance to go over your details, needs, make necessary updates to ensure you have the coverage for your changed circumstances. The easy option is to do nothing and to let it auto-renew but many factors…
Continue readingCan I Pick the Right Auto Insurance On My Own?
Motorists are getting more and more comfortable with handling their own vehicle insurance arrangements thanks to boundless information online, various comparison websites and the official sites of their providers. For the first time in 2020 agents have lost the lead on being the first port of call for policies. Reports suggest that policyholders prefer interacting…
Continue readingIs Insurance Cheaper for Manual or Automatic Cars?
Manual gearboxes necessitate driver engagement through a clutch and stick shift, whereas automatic gearboxes manage gear shifts automatically. Manual cars tend to have lower purchase and repair costs due to their simpler transmission. In the US, insurance premiums for manual vehicles might be slightly lower than those for automatics due to the fact that insurers…
Continue readingAutomobile Insurance Adjustments when Moving
You will need to inform your vehicle insurer of your new address so that they can make the changes to their records, adjust the premium accordingly and let you know. Even moving within the same city can affect auto insurance rates because it changes the risks associated with your new location like crime and accident…
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