Most experts advise policyholders to get alternative quotes and compare them with each other at least once a year. Many people start searching for better rates out of curiosity and are surprised to save a lot of money, even though it is normal. Many people think that their vehicle insurance providers would regularly check for…
Continue readingTeenage drivers stand out as the most high-risk demographic across all age groups, and this is strikingly evident in the steep car insurance rates assigned to them. Even when adding a 16-year-old driver to the insurance policies of well-established, low-risk parents, premiums can easily double. Statistical data shows they are riskier than any other age…
Continue readingWhen you receive a traffic violation ticket in a different state, it’s usually reported to your home state and becomes part of your driving record so it typically impacts car insurance rates for the majority of drivers. Many states have agreements to share convictions for moving violations across state lines. How much this ticket affects…
Continue readingThere are so many factors considered when premiums are calculated that it is often difficult to say which vehicle insurance companies will come up with the best quotes for a particular applicant. Age, gender, driving history, experience, type of vehicle, zip code, profession, credit history and yearly mileage are only some of the factors used….
Continue readingTickets and accidents listed on driving records can be costly and impact auto insurance premiums for a period of 3 to 5 years. Even a traffic violation, such as speeding, can cause a surge of approximately 23% in rates, while an at-fault accident recorded can elevate premiums by an average of 42%. Nevertheless, being aware…
Continue readingIf 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 readingNumerous automobile insurance providers have confirmed that they will exclude an incident from their premium calculations if it is reported to them but does not result in a claim. However, the treatment of such incidents varies depending on factors such as the insurance company involved, the extent of the reported damages, the parties involved, and…
Continue readingCar insurance rates in the state of West Virginia are notably affordable when compared to averages from other states and countries. This applies to both liability-only and full coverage policies. Moreover, the percentage of uninsured drivers in West Virginia stands at an impressive 9%, falling below the national average. Despite West Virginia’s status as one…
Continue readingVehicle insurance companies often employ language in their advertisements that can exaggerate the value of discounts, potentially creating an impression of greater savings than the actuality. The genuine extent of these savings is occasionally concealed within the intricacies of the policy’s fine print, at times rendering it virtually indecipherable. As an illustration, the prospect of…
Continue readingAge, driving records, insurance history, and credit scores are indeed among the primary factors that insurers consider when calculating car insurance premiums. Unfortunately for young drivers, these factors often work against them, leading to higher insurance costs. Young drivers typically have limited driving experience, shorter insurance histories, and lower credit scores, all of which contribute…
Continue readingCar insurance accident forgiveness is a provision offered by many insurers to mitigate the impact of the first at-fault accident on premiums. While maintaining a clean driving record for several years can help keep rates stable, a single at-fault accident can cause up to 42% premium increase. To address this issue, insurers often provide accident…
Continue readingAge is a very significant factor in premium calculations, especially for younger applicants. As you gain more driving experience and mature as a person, your auto insurance comes down about 11% at age 25, providing you have no recent accidents or traffic convictions in your record. But age 25 is usually the last time drivers…
Continue readingCar insurance is a fundamental requirement for operating a vehicle on public roads in virtually every state. Typically, possessing a valid driver’s license is a prerequisite for purchasing auto insurance. However, there are exceptional situations where individuals without a driver’s license may have a legitimate need for coverage. And in certain situations, the coverage may…
Continue readingNorth Dakota stands out as one of the states with the lowest car insurance rates. Both the average premiums for state-required minimum coverage and full coverage policies are affordable and well below the national average. However, the state has a slightly higher ratio of uninsured drivers, sitting at 13%, which is just above the U.S….
Continue readingState 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 readingReceiving a traffic violation ticket can have various consequences, including affecting your driving record and insurance premiums. The duration of how long tickets stay on driving records, the impact on insurance rates, and potential license suspensions can vary by state and the severity of the violation. Below these aspects are discussed and offered insights into how…
Continue readingIn the Land of 10,000 Lakes, vehicle insurance rates are cheaper than the US average for both state required minimum and full coverage policies. Minnesota car insurance requirements are different from most other states. Drivers are required No-Fault coverage, which refers to Personal Injury Protection (PIP) you would see in other states but it is…
Continue readingAuto 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 readingIn virtually every state, minimum liability car insurance coverage is a legal requirement to operate a vehicle. However, there are circumstances that can render a driver or vehicle uninsurable. This typically stems from personal details, non-standard application characteristics, the risk associated with the vehicle, or a combination of factors—such as a high-risk driver paired with…
Continue readingNearly 3 million licensed drivers can get affordable car insurance rates in Colorado for state required minimum liability coverage. However, full coverage policies cost slightly more than the country average. Ratio of uninsured drivers is at 16.3%, which is 23% higher than the US average. Coloradan motorists drive less miles annually than the country average…
Continue readingCar insurance policyholders are almost always the vehicle owners who buy the coverage, responsible for premium payments, can make changes to policies including cancelling, submit claims, communicate with loss adjusters and receive settlement checks. The other people who live in the same household usually are included as listed drivers, who cannot make changes to policies…
Continue readingWhen 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 readingThe Sunflower State has relatively low automobile insurance rates for state required minimum coverage. While the average cost of a full coverage policy may be 4.5 times higher than that of a liability-only policy in this state, it remains below the national average. Uninsured motorists are at nearly 11%, which is slightly lower than the…
Continue readingThe Bay State automobile insurance rates are cheap for minimum state required coverage and full coverage. Although motorists have to pay nearly three times more in comparison to liability only, full coverage policies are one of the cheapest in the country on average. This is despite Massachusetts handing out one of the highest numbers of…
Continue readingOnline car insurance quotes are typically reliable, although their accuracy is contingent upon the accurateness of the information provided during the quoting process. To obtain precise quotes, it is essential to furnish correct details about your vehicle, driving history, and personal information. While online quote forms maintain the security of personally identifiable information, it is…
Continue readingThe average car insurance rates are about 1/3 lower here than the national average for state required minimum coverage and very close to the US average for full coverage. The Keystone State is fairly well populated in a comparably smaller landscape that concentrates traffic movements. The ratio of Uninsured Drivers is at 6%, which is…
Continue readingThe continuous car insurance coverage discount, also called proof of prior insurance discount, is offered by many companies. It rewards drivers who maintain uninterrupted coverage, either as a loyalty reward or for having no lapses. This discount can lower insurance costs by 10 to 20%, with potential maximum savings after three to five years. Some…
Continue readingGetting vehicle insurance quotes directly from carriers, using comparison websites, or consulting agents has become quite easy nowadays. Some motorists might assume that selecting the lowest-priced option is all they need to do. While this can be true in many cases, it often oversimplifies the automobile insurance shopping process and may lead to unforeseen drawbacks…
Continue readingIn the Garden State, auto insurance rates for state-mandated minimum coverage are relatively expensive, exceeding the national average. However, the cost of purchasing a full coverage policy is comparatively more affordable, falling below the US average. Remarkably, the state maintains a low uninsured driver ratio of 3.1%, a quarter of the national average, despite having…
Continue readingThe Hawkeye State has the cheapest state required minimum coverage car insurance rates in the US. The average full coverage policy premiums are fairly cheap too in comparison to other regions. Another comforting fact is that there are fewer uninsured drivers here than the country average. The state has one of the highest auto ownership…
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