One of the first things motorists should avoid doing is to rush and buy an auto insurance policy without considering what they want to achieve with this coverage. Insurance can protect vehicle owners against possible financial losses and offer them peace of mind. People may initially think that they have to pay high premiums for…
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Does Insurance Go up with a New Car?
When you buy a new car, insurance premiums are likely to increase due to several factors. New cars typically have higher values and more advanced features, which can lead to higher repair and replacement costs and insurance rates. If you finance or lease the new car, Comprehensive and Collision coverage might be required, further contributing…
Continue readingGuide to Selecting Car Insurance with Best Coverage & Value
When drivers assess their driving abilities and potential losses, they often display either excessive optimism or pessimism. Consequently, they commonly make two mistakes when selecting auto insurance: either choosing excessive coverage that overestimates their needs or opting for a minimal policy that lacks sufficient protection. Moreover, many drivers fail to allocate enough time to evaluate…
Continue readingCheap Auto Insurance for New Drivers
Arranging the first policy for a freshly licensed motorist is a challenge in many aspects. This post will try to help you make it easier by looking at the hurdles, determining good coverage, choosing the right car and finding the discounts that can make automobile insurance more affordable. Statistically first year of driving is the…
Continue readingHow Does Car Insurance Work?
Generally, you insure to meet responsibilities to third parties, receive compensation for your own vehicle related losses and provide protection for family members. What should be included in automobile insurance coverage to deal with exposures in relation to driving a vehicle, various other risks and how much do different options cost are some of the…
Continue readingHow Car Insurance Deductibles Work
It may appear to be inconsequential or even a given figure at times but vehicle insurers put deductibles in policies mainly to control small claims. Some people like to keep them as low as possible and some may have to go low due to financial strains. Other motorists realize the close relationship between deductibles and…
Continue readingStacked and Unstacked Auto Insurance Coverage
Many states will not allow motorists to increase Uninsured Motorist coverage limits without increasing liability as well. The point they are trying to make is that if you aren’t willing to afford the same protection to third parties you cannot have it either. Stacking is an option to get around it and add coverage for…
Continue readingWho Pays for Damages and Losses During Valet Parking?
When you hand over the car keys to a parking attendant, you trust that the person will not crash the car or mess up anything. You also hope to get it back in the same shape as you left. Sometimes this is not going to be the case. Dealing with such claims can be complicated….
Continue readingGap Insurance for Leased or Financed Cars
A moving vehicle isn’t hardly enough security for a finance company unless it has good insurance to pay for damages it may suffer. The second concern is the fact that a car loan may be upside down very quickly and Guaranteed Asset Protection (GAP) insurance is a solution to address this concern. A finance or…
Continue readingHow Car Insurance Policies Cover Passengers
Who pays for passengers’ injuries and losses in an accident depends who is at fault, available coverage and on state rules. Each state has minimum auto insurance requirements before anyone can start driving and this coverage is mainly for the benefit of unsuspecting citizens and road users in case they suffer injuries and damages in…
Continue readingHow Much Liability Car Insurance Coverage to Buy?
Probably there is little doubt that making basic liability auto insurance coverage mandatory across the United States of America is a good thing for everyone involved. Drivers are free to include own damages. However, they cannot be allowed to get behind the steering wheel without insuring against injuries and damages they may cause to others….
Continue readingMust the Names on Auto Insurance and Registration Match?
From a legal perspective, many states permit different names on auto insurance and registration documents, making it possible to insure a car in a name different from the one on the registration. However, not all insurance companies may be willing to accommodate this arrangement for various reasons. This limitation can reduce the pool of available…
Continue readingCan You Pause Car Insurance Temporarily?
Car insurance companies typically do not offer the option for policyholders to temporarily pause an active policy. Vehicle insurance is designed to provide continuous coverage and pausing would leave you without the necessary safeguards, potentially exposing you to financial and legal vulnerabilities. It’s important to note that motorists cannot simply halt their entire auto insurance…
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