Get Cheap High Risk Auto Insurance.

For some people it is very hard to find an insurance policy because they are considered high risk drivers. A high risk driver is a person who has a bad driving record or is required to file an SR-22 with the state because of a DUI conviction. Insurance companies will insure these types of drivers but it will cost them a lot of money to get a policy and file the SR-22 paperwork.

• In order to find a cheap high risk auto insurance policy it is important to know where to look. Some companies specialize in helping these drivers by providing a policy at an affordable rate.
• An SR-22 filing is an important thing to take care of right away. Failure to do so usually means the driver loses their license and cannot drive their car. You will want to find a company that knows how to handle SR-22 filings.
• Being a high risk driver does not need to keep you from driving. You can still qualify for the same discounts that everyone else receives. Be sure to check over your policy to see if you are getting the discounts you deserve.

If you are looking for a better policy as a high risk driver, then you need to shop for auto insurance online. You will be able to compare great insurance rates side by side from your in your own home. You can also adjust the levels of coverage to fit what is right for you.

Geico Auto Insurance and a Getting Cheaper Car Insurance Rate For Your Automobile!

Geico auto insurance is a sure way to save. You can also save more if you allow yourself by using auto insurance calculators to compare rates from different leading insurance providers (Geico inclusive). The Benefits of doing these is that you can simply choose the company that gives you the best protection at the cheapest price; if it is Geico, then go for Geico!

Steps for Saving Hundreds of Dollars on Your Auto insurance

- If you want to buy an automobile, it is important that you compare insurance rates on potential automobiles. There is always room for a bit of variation but if you love to own an expensive, high performance engine sports car, you should be ready to pay more for insurance protection.

- If you own an old automobile, it will be wise for you to consider removing comprehensive and collision protection. The truth here is that it is not really a wise step to continue insuring cars that are worth less than ten times the amount you would pay for insurance protection on them.

- The higher the amount of money you can pay out of your pocket before your car insurance kicks in the more you save on premium. So, check out your financial ability and set a deductible limit that if comfortable for you.

- Are you are homeowner? If yes, then adding your homeowners insurance to your automobile insurance with the same insurance provider will most likely earn you combo discounts. The policies on combo discounts are important, so make sure you know and understand them.

- Whenever convenient and necessary or if at all possible, use public transportation for some transit purposes and reduce your mileage. This will also earn you discounts from car insurance companies.

Get Free Professional Help on Car Insurance Now!

Saving Money on Auto Insurance: Tips and Tricks

While most drivers know that auto insurance is important—and in many states, a legal requirement for all drivers—no one wants to pay more than necessary to insure their vehicles. Whether you are shopping for auto insurance for the first time, or if you already have an auto insurance policy, considering the tips included here could save you money on your insurance premium costs. A little time spent on research can save you a significant amount on your insurance premiums, if you know what aspects to consider. First and foremost, get a fewauto insurance quotes from different companies. Use our online form to compare up to five quotes quickly.

The Basics:

• A higher deductible can keep your premium costs down.Auto insurance companies charge more for low deductibles. If you keep your deductible higher, you will pay higher out-of-pocket costs should an accident occur; however, a small increase in your deductible may equal significant savings on your premium—it may even exceed the cost of your deductible.
• Consider the types of vehicles you insure. A very expensive vehicle, a vehicle with a poor safety record, or a vehicle that is popular with car thieves may cost you more to insure. A safe, moderately-priced vehicle is likely to cost less to insure. If you sell a vehicle or own one that you no longer drive, be sure to take it off of your policy.
• Drop unnecessary coverage. It may make sense to insure a new vehicle or a vehicle that is still being financed—this may even be a requirement of your lender—but it might not make sense to carry coverage such as collision or comprehensive on an older vehicle. If you are paying more for these types of insurance than the vehicle is worth, consider discontinuing this type of coverage. Also, make sure to keep the list of drivers on your policy current and to remove drivers who no longer need coverage on your policy—for example, adult children who purchase their own auto insurance should be removed.
• Ask your insurer about eligibility for discounts. Many auto insurance policy holders are eligible for various discounts. Some insurers offer discounts for long-time customers, for safe or accident-free driving records, and for having safety features on your vehicle (such as air bags or anti-lock brakes) or theft-protection devices installed in your vehicle. For the notoriously expensive-to-insure teen drivers, some companies may offer discounts for good grades and driver education or safety classes. Older drivers may also qualify for discounts by attending safe driving classes or staying accident-free.

Health Insurance - Obamacare

Health care is more than just one-sixth of the American economy. It is an essential source of well-being for individuals and families.

Our health care system is blessed with many extraordinary strengths. It produces and attracts the best and the brightest across all fields of medicine, and provides unparalleled innovation, choice, and quality of care. But it also faces significant challenges: high cost, inefficiency, inconsistency, and tens of millions of Americans lacking insurance coverage. We can fix these problems.

OBAMA'S FAILURE

Unfortunately, the transformation in American health care set in motion by Obamacare will take us in precisely the wrong direction. The bill, itself more than 2,400 pages long, relies on a dense web of regulations, fees, subsidies, excise taxes, exchanges, and rule-setting boards to give the federal government extraordinary control over every corner of the health care system. The costs are commensurate: Obamacare added a trillion dollars in new health care spending. To pay for it, the law raised taxes by $500 billion on everyone from middle-class families to innovative medical device makers, and then slashed $500 billion from Medicare.

Obamacare was unpopular when passed, and remains unpopular today, because the American people recognize that a government takeover is the wrong approach. While Obamacare may create a new health insurance entitlement, it will only worsen the system’s existing problems. When was the last time a massive government program lowered cost, improved efficiency, or raised the consistency of service? Obamacare will violate that crucial first principle of medicine: “do no harm.” It will make America a less attractive place to practice medicine, discourage innovators from investing in life-saving technology, and restrict consumer choice.

In short, President Obama’s trillion dollar federal takeover of the U.S. health care system is a disaster for the federal budget, a disaster for the constitutional principles of federalism, and a disaster for the American people.

MITT'S PLAN

On his first day in office, Mitt Romney will issue an executive order that paves the way for the federal government to issue Obamacare waivers to all fifty states. He will then work with Congress to repeal the full legislation as quickly as possible.

In place of Obamacare, Mitt will pursue policies that give each state the power to craft a health care reform plan that is best for its own citizens. The federal government’s role will be to help markets work by creating a level playing field for competition. 

Restore State Leadership and Flexibility

Mitt will begin by returning states to their proper place in charge of regulating local insurancemarkets and caring for the poor, uninsured, and chronically ill. States will have both the incentive and the flexibility to experiment, learn from one another, and craft the approaches best suited to their own citizens.

• Block grant Medicaid and other payments to states
• Limit federal standards and requirements on both private insurance and Medicaid coverage
• Ensure flexibility to help the uninsured, including public-private partnerships, exchanges, and subsidies
• Ensure flexibility to help the chronically ill, including high-risk pools, reinsurance, and risk adjustment
• Offer innovation grants to explore non-litigation alternatives to dispute resolution

Promote Free Markets and Fair Competition

Competition drives improvements in efficiency and effectiveness, offering consumers higher quality goods and services at lower cost.  It can have the same effect in the health care system, if given the chance to work.

• Cap non-economic damages in medical malpractice lawsuits
• Empower individuals and small businesses to form purchasing pools
• Prevent discrimination against individuals with pre-existing conditions who maintain continuous coverage
• Facilitate IT interoperability

Empower Consumer Choice

For markets to work, consumers must have the information and the power to make decisions about their own care.  Placing the patient at the center of the process will drive quality up and cost down while ensuring that services are designed to provide what Americans actually want.

• End tax discrimination against the individual purchase of insurance
• Allow consumers to purchase insurance across state lines
• Unshackle HSAs by allowing funds to be used for insurance premiums
• Promote "co-insurance" products
• Promote alternatives to "fee for service"
• Encourage "Consumer Reports"-type ratings of alternative insurance plans

Get a Lower Car Insurance Quote!

If you are thinking of buying an insurance coverage for your car, then you have to make sure that you know exactly how to shop around for the lowest quotes.  But it is important for you to avoid compromising the quality of a specific coverage in exchange for a low price.  Look for an affordable auto insurance which has a good coverage. This will allow you to receive the kind of financial assistance that you need in case your car gets damaged.  The following tips can help you find lower insurance quotes for your car without sacrificing the quality of your choices:

1.  Check your credit reports and improve your credit rating first.  Note that your credit history and score can have a huge impact on the kind of car insurance quotes that you will receive.  Ifyour credit score is high, then expect to receive lower quotes.  If you have a poor credit score, then it is advisable for you to raise it first before you start applying for car insurance.  Among the many things that you can do to improve your credit score are keep your credit card balances low, avoid missing bill payments, avoid defaulting when it comes to paying your debts, avoid opening more credit lines if not necessary and monitor your credit reports and ratings periodically.  It is also advisable for you to dispute any inaccurate information that you think have caused your credit rating to go down. This is a major help in instantly raising your score, thereby increasing your chances of getting lower car insurance quotes.

2.  Provide insurance companies with essential details.  You have to make sure that you supply insurance companies with the kind of details that they are asking for.  These include your marital status, your zip code, safety features of your car and the commuting miles of your car per year.  If you do not supply all these information, then there is a great tendency for insurance companies to provide you with higher car insurance rates.  Make it a point to supply insurers with more details as this is a major help in qualifying for discounts.

3.  Do comparison shopping.  You should consider using the different websites online that offer services in terms of comparing insurance quotes.  Bear in mind that you can actually get a substantial amount of savings every year by comparing the rates of different insurance companies.  It is also advisable for you to include the company where you get your other insurance in your list of choices.  It is because this company may be capable of providing you with lower rates since you are already one of their clients.  Aside from that, you can also easily negotiate for the rates.

4.  Add devices into your car that can help prevent theft.  Among these devices aretracking systems and car alarms.  By installing these anti-theft devices into your vehicle, you get the chance to avail of great discounts.  You should also know that enrolling in a defensive driving class can help in reducing the amount that you need to pay for your premiums.  All these can help reduce the chances of your vehicle from being stolen so expect different insurance companies to provide you with lower quotes.

Allstate Commercial

Allstate - Auto Insurance Rates Online

all state

With our site, you can get rates for all state, all state car insurance or all states insurance on the types of coverage you seek and without going through the hassle of making numerous phone calls and online requests for insurance rates.
We are not an insurance supplier and are not affiliated with all state or any other insurer.
When you want to obtain more than three to four vehicle insurance quotes online related to all state auto insurance from the best known insurance companies, there is no more choice than going online and compare those rates.
You can get multiple insurance rates when using our site to make your local insurance agents and brokers compete to earn your business. 

ALL STATE - FIND GREAT RATES FROM COMPANIES

Any information provided by you will be used only to obtain accurate quotes from reputable insurance providers, approved to do business by your state insurance officials.
You can be confident that our automobile insurance calculator is a very secure way as well as it is free and also easy to use to get quotes online.
With economic conditions continuing to force families to make tough budgetary decisions, it helps to have our site as your ally against costly auto insurance in most states.

Use the Easy all state Calculator

Getting all state is a snap when you are looking to buy auto insurance online.
When buying your insurance online, whether it is home, life or vehicle insurance, american residents can get free insurance quotes and research companies by visiting the state insurance department's website or by going to the National Association of Insurance Commissioners' website and look up information on insurance companies to see if they have a good reputation among their customers as well as the financial strength to cover potential claims.
Once you get your insurance quotes, you have no obligation to buy, making it easy to shop and save hundreds of dollars or more on your annual automobile insurance, home insurance, life insurance and health insurance coverage.

Shop Online And Save On Coverage From Top Insurance Companies

Just like many other things, sometimes is not that simple and easy buying all state, all state car insurance or all states insurance, but with the new resource of the Internet you are now able to get car insurance online and this website is a free tool for you get low rates and save money with good deals on your car insurance.
You can get more than just all state auto rates when using our site to make your local insurance brokers and agents compete to earn your business.
Getting many insurance quotes could take days or longer if you use the telephone book to find your local insurance suppliers in hopes of getting the cheapest automobile insurance rates.
When you shop online, all state and other insurance suppliers will offer you a variety of ways to help you save money on your annual insurance bill.

Confused About Auto Insurance?

Let's face it - auto insurance is confusing. You have a choice of different insurance companies, you can purchase auto insurance on-line, on the phone, or from an agent, and you may not be sure you have the right coverage. 

PLUS you want a competitive rate!

Auto Insurance is a big expense for the average household, so why not learn more about what you are paying for?

Travelers Insurance Company just released two internet tools that can help: Auto Insurance Basics and Better Coverage Basics. Let me know what you think about these tools by posting your comments on our blog. 

Adverse Remortgage

Compare bad credit remortgage deals

Use our free service to compare adverse remortgages - when you have difficulty getting a remortgage as a result of a bad credit rating or problems with your existing mortgage lender.

If this is the case, then there are various remortgaging services available to you even if you are unable to get one from high street banks.

Advantages of remortgaging include:

• Reducing your monthly payments if you have a problem keeping up with your current outgoings
• Releasing money to spend on other things
• Enjoying a fixed rate so you know where you stand financially
• Consolidating all of your existing debts into a more manageable arrangement
• Potentially saving money by finding a discount remortgage rate
• Being able to get a remortgage despite having problems with an adverse remortgage in the past

When choosing an organisation for your remortgage, you should be aware that even though your monthly payments may decrease, you will be extending the term of your debt and the total amount that you end up repaying could be higher. There may also be various fees that they might charge, such as mortgage valuation fees, arrangement fees, exit fees, early repayment fees and legal fees.

To find the best deals, check out the rates below or fill in the enquiry form to compare the entire UK mortgage market and make sure you find the best deal for your individual circumstances.

My Allstate Experience

I love Allstate my agent is Great! Allstate is the best. Having an agent right down the steet that I can stop in and talk to when ever I have a question really makes a difference.
Immediate accident forgiveness and real agents-not lizards nor 800 numbers.
I received a quote within minutes online and it was much lower than Geico, Progressive, State Farm, Nationwide and Safecoauto insurance companies. With the promise to keep me insured with their "no insurance hike up when getting into an accident", I will definitely continue to be an Allstate customer. I believe that I am in better hands than all the rest.

How To Get Cheapest Auto Insurance

With the state of the current economy consumers are looking for ways to cut costs and place some much needed extra money back into their bank accounts.

Analyzing areas of the consumer’s budget will yield many items, services, and luxuries which can be removed.

This results in a large return of monthly expenditure back into the pocket of the consumer.

Some services are essential to everyday life and cannot be removed.

Looking at these services it is best to explore opportunities to look for affordable, low cost alternatives to the current product.

The product of focus today is car insurance.

This article should serve as a guide to finding the cheapest auto insurance available without sacrificing on the essentials of coverage and service.

It is a common misconception when looking and finding the cheapest auto insurance rates the consumer will end up throwing money away on poor coverage, service, and claims handling.

All insurance companies are regulated by state agencies in which a minimum level of coverage is mandated.

These agencies keep tabs on the insurance companies to make sure all are providing a product which covers the insurer properly.

With this fact in mind it is now time to find the companies providing the cheapest auto insurance rates with the coverage requirements for the consumer’s current life circumstances.

The quickest and easiest way in which to locate a company offering the cheapest auto insurance is to venture online and perform a quick internet search for "cheapest auto insurance".

There will be a large number of results of companies looking for your business.

The competition is fairly robust so the rates will be extremely cheap when compared with your current insurance carrier.

The next step in preparing for your search for the cheapest auto insurance is to choose three or four of the companies appearing in the search results.

Most, if not all, insurance companies now offer a method of receiving a quote on your auto insurance online fairly quickly.

Complete a quote with each company and place them side by side with your current insurance rate and decide which is cheaper.

Perhaps all the new companies which were decided upon to complete a quote with are cheaper when examining comparable coverage levels.

Often the current coverage levels are more than the consumer may need or the consumer may have been oversold on extra features which will never be used. The next step in the process, if the choice is made to adjust coverage and features, will to be the call the company and speak with a licensed agent.

The licensed agents will best be able to determine what coverage is right for the consumer’s circumstances along with the appropriate extra features.

After speaking with an agent, a new auto insurance rate will be provided to you. The consumer should see a significant drop in the premium which is paid. If the consumer’s ultimate goal is save money then the choice will be simple.

Car Insurance Business

Insurance in easy terms is the business car insurance where one celebration, under an agreement, protects one more party from cutbacks, as per a contract facts. With the insurance industry increasing tremendously, new companies developing yearly, competitive contractual offers and wider umbrellas of protection, insurance is understandably seen as complicated. Even so, with modern money economies, policy is a fail secure.

Antique Car Insurance
Business car insurance is fast getting the largest segment of the insurance business. It's because car possession is on the increase and business car insurance provide a wide variety of varying offers, with great protection. Entering into a business car insurance offer will usually safeguard you against cutbacks that you suffer due to use of an insured vehicle. Commonly, cutbacks caused by getting in an incident or the authorized liabilities incurred are blanketed by insurance offers.

By law, business car insurance is needed in most nations. Having to fund an accident where you are at mistake has the possibility to lead to massive financial losses. Regulations set the minimal insurance required, however after that, the deal you select to protect your car depends on different things. Business car insurance deals could complement woman drivers, senior owners etc. Complete deals, though more costly, are advisable if the region one lives in reads a lot of incidents and larceny.

Business car insurance is a type of vehicle insurance masking company-owned cars, cars that are leased, or worker vehicles used for business reasons. These varieties of deals safeguard you from states that somebody driving the covered vehicle is liable for body or property injuries. Furthermore, business car insurance deals can protect you from investing in the damage induced to your insured cars by collisions/accidents.

Nowadays, almost any insurance business can offer you a offer enabling you to get coverage for harm triggered to you by somebody who has less liability protection than you or no policy at all. For extra perk, businesses can provide transport if an insured, company owned vehicle is compromised or damaged.

Car Insurance Comparison
When insuring company-owned cars is indeed a helpful concept, business car insurance evaluations have found that almost no insurers provide this type of deals. Many insurance companies decide to cater to personal clientele rather as the corporate industry due to the reality that a private advanced seems more appealing to them. Businesses generally don't opt for business car insurance because several employees utilize the vehicles, and the extra named drivers there is on a deal, the greater the premium increases.

Insurance companies that do handle business possessed vehicles generally cover large cars such as tow trucks, tractors, lorries and the like. Generally, the insurers can prefer to cover a highly established company. There are, but, several companies that'll ensure your vehicle despite whether you're a large or small business. When selecting an insurance program, a business must carefully consider all the offers being made accessible to them from different insurance companies and opt for this best covers and complements the character of the business car insurance vehicles.

Geico Car Insurance - Things To Remember While Procuring A Policy

There are companies like Geico car insurance that will insure your vehicle(s) at reasonable cost. However, that should not be any reason for you to procure insurance even from such reputed companies with closed eyes. Insurance is one such commodity that, even if sold with best of intentions, may result in complications at later stage. Such complications can be avoided by being careful and prudent at the time of procuring insurance. You should have a clear idea of what you are getting. You should learn to ask questions and clear your doubts even while obtaining insurance from reputed companies like Geico car insurance. Otherwise, if complications do arise at a later stage, as in you finding your indemnity insufficient in the event of a claim, you will certainly face financial loss. Here's a description of points to remember while buying insurance.

Be Aware Of The Specific Coverage Included On Your Policy

Make sure to check the different types of coverage included in your policy. Don't assume anything. Read the terms & conditions to verify. Whatever you think you have paid for should be mentioned on paper. This is to obviate the possibility of a company intentionally or inadvertently leaving out something. This will also help you find out if you have forgotten to include something that you essentially require. For example, you may think because you opted for comprehensive policy, it provides coverage to your family members also. This is not the case at all. Family members living in the same house require independent policy. Similarly, recreation vehicles are not included in comprehensive policy. They require separate coverage.

The Amounts Payable In Case Of A Claim(s)

Most companies like Geico car insurance decide the amounts to be paid in the event of a claim at the time of signing the contract. For example, if you procure bodily injury coverage, the company may decide to pay an amount of $5000 per injured person and $12000 for property damage. Remember to peruse these values carefully. If you find them on the lower side, don't hesitate to negotiate. Also, do remember to ask whether in case of your car getting damaged beyond repair, the amount payable to you will be decided based on the company's internal assessment or on that of an impartial agency.

Finally, make sure that the discounts or concessions that you qualify for are properly considered while calculating the cost of the insurance of your vehicle. In short, be a smart consumer / buyer. Don't let your laxity or the company's error put you in a difficult situation.

Car Insurance Quotes: Vehicle Insurance Coverage Approach

For just about any vehicle insurance coverage approach, an insurance firm agrees to assume financial risk in exchange for normal payments. For every risk the insurance coverage organization assumes, they collect cash inside the form of insurance plan premiums. This cash is then pooled to cover overhead and also to develop the financial reserves the insurance coverage firm ought to maintain so that you can spend claims.

Many elements go into car insurance quotes policy. Namely the better the threat the insured presents, the increased the top quality for the car insurance policy approach. But because of the pooled cash factor of insurance policy, when you can find far much more claims than usual or anticipated, vehicle insurance policy quotes will likely be higher normally. If the insurance plan company is experiencing a greater payout than normal, they need to recoup income to take care of their monetary stability. The normal financial stability entails taking in income from many policy holders and paying out claims in a predictable manner and at pre-estimated amounts. The insurance policy organization often endeavors to take care of a risk-free reserve balance and supply profits to share holders.

Income from insurance policy premiums is pooled and invested to create much more income. Planet events have an impact on this as well. Investments do far better or even worse depending on the stock trade. When a earth occasion occurs, the stock exchanges react. A harmful event occurs and stock rates drop. Inside the previous couple of a long time numerous catastrophic activities have occurred worldwide. The injury to daily life and home produces not merely big payouts to insurance holders but additionally impacts the main stock exchanges. Dropping stock prices generates a concern of investing income by main firms. Stock prices drop further. This in turn incorporates a trickle down influence and a smaller amount money goes in to the planet economic climate, more pushing down stock prices. When selling prices are falling investment income goes down.

Car Insurance Comparison

Family truck1 Car Insurance Comparison. Why is car insurance comparison so important? The key to finding the best price for any product is to compare different providers and car insurance is no different. Where most consumers ultimately fail is understanding exactly what type of coverage they are buying.

    ” We estimate that almost 80% of car insurance policy holders have no idea about their policy details “

Unlike a new pair of shoes or holiday vacation car insurance is mandatory so the need for education is many times overlooked by the simple requirement that you need car insurance to own a vehicle.

This popular and most unintentional train of thought exposes vehicle owners to great personal liability in the event of an accident so you must learn about the details of car insurance well ahead of just comparing car insurance rates.

What should I know about car insurance?

The details of any car insurance policy will comprise of a few things including:

    Types of Coverage
    Policy Limits
    Policy Deductibles
    Exclusion to Coverage

These 4 factors are the guts of your policy and will play much more of a role in providing coverage when an accident occurs than your premiums ever will. Car insurance premiums are simply a monetary sum paid to car insurance companies in exchange for coverage so you need to know what coverage you have in place before writing a check.

    ” The results of any car insurance comparison search will depend highly on how much you know about car insurance “

What types of coverage are available?

All states have minimum car insurance requirements for liability insurance but liability coverage does not provide insurance coverage for you or your vehicle. The key components of an auto insurance policy are:

    Bodily Injury Liability Coverage
    Comprehensive / Collision Coverage
    Uninsured Motorist Protection
    Medical / Personal-Injury Protection
    GAP Insurance
    Medical Payments

Then you have additional coverage options like rental car coverage and roadside assistance. It’s also important to note many people think no-fault car insurance is a type of insurance but it is not. No-fault car insurance is simply a law designed to help reduce lawsuits and avoid having to determine who was at fault.

    “ You can NOT buy no-fault car insurance, you can live in a no fault car insurance state however ”

What are policy limits?

Every type of car insurance coverage has a limit to the coverage available in terms of dollars. For example, you could have collision coverage in the amount of $20,000 however if your car is worth $50,000 how good is this insurance coverage to you?

Almost all state minimum car insurance requirements are set at levels well below the amount any reasonable driver should have so when you start car insurance comparison always make sure the limits of coverage are not just the bare minimums but at levels which provide enough peace of mind for your unique profile.

What are policy deductibles?

Car insurance deductibles are the portion of any car insurance claim you must pay out of pocket BEFORE the car insurance company’s coverage kicks in.

For example, if you have a $250 deductible and the repair cost to your vehicle (under an insured event) is $2,500 then you will be required to pay $250 of the final bill. Although many repair shops work out ways around small deductibles like this to avoid you having to pay anything its important to note this practice is a very grey area and some car insurance companies even insist on you providing a receipt for the deductible paid before issuing your claim.

Choosing a higher car insurance deductible is also one of the best ways to lower your car insurance rates. Some consumers report a 10% savings or more simply by raising their deductible for $250 to $1,000.

What are Exclusions to Coverage?

A car insurance policy is not a “free for all, everything is insured” type of policy so make sure to read what is not covered especially parts of the policy which refer to letting other drivers use the car.

Car Insurance Damage Claims

In this article I will discuss how to apply claims case of an accident insurance on your vehicle.When you are involved in a car accident and the other driver is at fault, you may choose to go through your own insurance company to have your vehicle repaired or the negligent driver’s insurance company. So what’s the difference? If you make a car accident claim with your own insurance company, you will likely be charged a deductible. If you have rental car coverage on your policy, you will have access to a rental car while your car is in the shop, up to a daily or weekly limit set out in your policy. When the claim is settled, your insurer will subrogate against the responsible party’s insurance company and get the money back. (See Subrogation: What It Is and How It Works) This may or may not include your deductible. If it does, you will eventually be reimbursed. If it doesn’t, you’ll be out the amount of your deductible (typically, $200-$500).

If, instead, you go through the other driver’s insurance, as long as liability is clear, they will pay for your car repairs and a rental car and you will not be charged a deductible. Either way, an adjuster will likely question you about the accident and then arrange for photos to be taken of your vehicle.

What if liability is unclear?

If you are partially at fault for the accident or it’s not clear who was at fault, it’s best to go through your own insurance company and then let the two insurance companies duke it out in subrogation. Your insurance company may get some of their money back that they paid out to repair your car, and you may get a percentage of your deductible back if the companies agree on how fault should be apportioned.

Where it will make more of a difference to you is with regard to your injuries (if you were injured) in the accident. If you were partially at fault, you will only collect a percentage of your damages, including your pain and suffering damages (compensation for the physical and mental distress suffered as a result of an injury). If it’s not clear who was responsible, it may have to be decided in court or by an arbitrator. If you were injured, and liability is not clear, even if the insurance companies decide on a percentage with regard to the property damage, you should hire a personal injury lawyer who will advocate for your position and get you a larger percentage of your damages for your injury.

How about if your car is a total loss?

If your car was a total loss (it would cost more to repair than the value of the vehicle), and you are making a property damage claim for it with the other driver’s insurance, don’t be surprised if you wind up having to negotiate with them regarding the value of your vehicle. (See What Your Options Are When Your Car is Totaled.)

What if you also have an injury?

If you are injured, when you talk to the other insurance company about property damage, be careful what information you give them. The adjuster may try to get you to state that you have no personal injury claim or try to have you minimize your claim. Talk to a personal injury lawyer so you avoid saying or signing the wrong thing and hurt your chances of making an injury claim down the road.

Fault vs. No-Fault state

The relationship between fault and who ultimately pays for damages and injuries determines the outcome in car insurance claims and car accident cases across most states. There are some states, however, that operate under no-fault laws. Essentially, under no-fault laws, it doesn’t matter who was at fault. Each person’s own insurance company pays for his or her expenses, depending on that state’s specific laws and rules. (See Fault and No-Fault Car Accidents: Who Pays the Bills? for information about the laws in particular states.)

No-fault does not usually apply to property damage. Even in a no-fault state, you may either go through your own insurance or the other party’s insurance if the other party is at fault. Only Michigan requires a PPI policy—Property Protection Insurance—which pays for damage to your vehicle no matter who was at fault. It is similar to collision, but you will pay no deductible.

Remember: Although the adjuster will likely take photos of your damaged vehicle, you should take your own pictures if you can in case there are any questions later on about the damage. 

Life Insuarnce

Lots of people who still do not understand the importance of lifeinsurance. So it was just an agency that just using their money only.Many frequently asked questions in general. The first question you should ask yourself about life insurance is whether or not you really need it. The purpose of life insurance is to provide a source of income, in case of your death, for your spouse, children, dependents, or other beneficiaries. It can also serve other estate planning purposes, such as giving money to charity when you die, paying for estate taxes, paying for funeral and burial costs, or providing for a buy-out of a business interest.

Do I Need Life Insurance?

Whether or not you need to buy life insurance depends on whether anyone is relying on your income. If you have a spouse, child, parent, or some other individual who depends on your income, you probably need life insurance.  

(You might also need life insurance for estate planning or if you need to make arrangements for your business after you are gone.) Typically, however, if you are single with no dependents, and you don’t own your own business, you probably don’t need life insurance.

Types of Life Insurance

If you determine that you do need life insurance, how do you know what kind of policy is right for you? See our article on Life Insurance: What Types are Available for a discussion on the different kinds of policies one can buy. In general, there are two categories of life insurance:

• Term, whereby you pay for coverage for a specified amount of time, and if you die during that time the insurer pays your survivors the death benefit specified; 
• Cash value — whole life or universal life (or variable life, or universal variable life) —, which, in addition to paying a death benefit, also provides you with some other redeemable value during your lifetime.

Using a Broker

If you know little about buying life insurance, it’s best to use a broker who deals with several companies and who can educate you about the different options available, how the cash values accumulate, and what the policy will cost you over different periods of time. The premium is based on your current age, but may increase over time.

You may also wish to consider purchasing different policies from different companies, particularly if the protection you want exceeds $500,000. Each state has a life insurance guaranty corporation, required by state law, whose purpose is to protect insureds in the event an insurer is unable to pay a claim. There are, however, limits to this protection. These limits are typically $300,000 to $500,000 per insured individual. Policies that exceed that amount are not covered.

Here are some questions to ask of your broker or agent:

• How do cash values accumulate? (An early, rapid build-up is generally preferable).
• How has the policy’s cash value performed in the past? You can get this information from a publication called Best Review, Life and Health. Determine how the policy performed in comparison with the company’s projection and with other insurers. 
• If there are any special features in the policy, do they add value for you, or are they just bells and whistles that you’re paying for but don’t need? 
• What is the company’s rating with Best, Standard & Poor’s, and Moody’s? You can find these publications in public libraries or online. The rankings should be in the top three to ensure that a company has financial stability.

Note that everyone’s situation is different and your needs will not be the same as your neighbor’s even if you have similar lifestyles and family units. To choose the right policy, it is important to give your broker some important pieces of your financial information to help her understand your financial status and your current and future family needs.

Top 7 Cheap Auto Insurance “Tricks”

If you want to save a few bucks on your auto insurance, there are some specific auto insurance tricks you can do. Many folks pay way too much for their auto insurance, not realizing that there are usually a whole host of different discounts that they could take advantage of.

Of course, the biggest cheap auto insurance “trick” is to simply use the Internet to shop around and compare auto insurance rates online from competing insurance companies. Simply enter your zip code in on this page to get started right now!

Here are some of the top tricks for cheap car insurance when it comes time to renew your policy:

#1 Multi-Car Discounts

One of the best tricks to lower auto insurance is with a multi-car discount. In many cases, simply adding that second car in your household can save you as much as half on the second policy. If you have a second vehicle in your family, check into having them both insured at the same place. Fortunately, this isn’t the only trick to lower car insurance!

#2 Anti-Theft Devices

Some auto insurance companies will offer you a discount for having specific kinds of theft deterrent devices like“The Club” installed in your car. Depending on the companies in your area and the laws in your state, this can often wind up saving you hundreds of dollars a year, making the theft device pay for itself.

#3 Longer Terms

Some insurance companies will charge you extra if your contract is paid monthly or quarterly. Look into a yearly term as one way to save some money on your premiums. The best cheap insurance may offer some significant discounts this way.

#4 Electronic or Automatic Payments

Many auto insurance companies will give you a discount on your premiums just for signing up to have your premium payments automatically removed from your checking account or billed to your credit card on your renewal date. This makes your bill-paying day easier, and saves you money at the same time!

#5 Lower Your Coverage

This isn’t always the best way to lower your auto insurance premiums, but it’s definitely an option. You can lower things like liability, collision or medical coverage. Another car insurance trick, of course, is to raise your deductible. The key here is to make sure that you meet the requirements set forth by your bank if you have an auto loan on the vehicle.

#6 Multiple Line Discounts

What is the auto insurance trick that most people miss out on? In many cases, choosing the same company for your homeowners insurance as you do for your auto insurance, for example, can save you significantly on both policies.

In fact you don’t even have to stop at just purchasing home insurance and auto insurance from the same company.

Consider getting things like life insurance, renters insurance,medical insurance and even travel insurance from the same company that you get your auto insurance from to save some cash.

Of course, it may still end up being much cheaper to buy different types of insurance from different companies if the company that you have auto insurance through doesn’t have cheap rates for other type of insurance so be sure to shop around.

#7 Increase Your Credit Score

In most states, it’s perfectly legal for your auto insurance company to base your premium rates, in part, onyour credit score. In some cases, raising your credit score will actually help to lower your premiums.