What is auto insurance for today?

autoinsurance — Thu, 14 Apr 2011 01:59:23 +0000

What is auto insurance for today? Auto insurance protects you big time against financial loss if you have an accident or you hit someone. It is a contract or agreement between you and the auto insurance company. You as the driver or owner of the car agree to pay the premium and the auto insurance company agrees to pay your losses as written or disclosed in your policy. Auto insurance provides a variety of coverages – property, liability and medical coverage:

Property coverage insures or pays for damage and comprehension to or theft of your car. Ex. If you car is broken into and your stero is taken -turn it in and your insurance company might pay all of it or part of it. Liability coverage pays for your legal responsibility to others for bodily injury or property damage.Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

p.s Getting the right auto insurance can save you thousands over years check around first before buying!

Who else wants cheap auto insurance!

autoinsurance — Thu, 14 Apr 2011 01:15:35 +0000

Deductibles are what you pay and not your auto insurance company. If their is an accident or damages to your car your auto insurance company wants the deductibles payed. This means that before your auto insurance policy kicks in you have to pay the first part of it. By asking for slightly higher deductibles, you will lower your auto insurance costs substantially. For example, slightly increasing your deductible from $200 to $500 will reduce your collision and comprehensive coverage cost by 15 to 30 percent. Picking a $1,000 deductible will save you 45 percent or more right away. Before asking for a higher deductible, make sure you have enough money set aside to pay it if you have a claim. tell you auto insurance agent what your plans are.

Reduce Coverage on Older Cars
Think about dropping collision and-or comprehensive coverages on older cars.Your auto insurance company can tell you the value of your car. The best way is checking out an auto insurance website and see if they have a value calculator for your car. Auto insurance – auto dealers and banks can tell you the worth of your car. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective. ask your auto insurance agent first before going ahead with this.

p.s Use the Auto Insurance websites to compare quotes and get a value of what your car is worth this will save you 100′s$.

Ask The Right Question To Your Auto Insurance Agent Can Save You 100′s$

autoinsurance — Wed, 13 Apr 2011 01:00:35 +0000

Ask if you can buy your homeowners and auto insurance coverage from the same auto insurance company. Many auto insurance companies will give you a big discount if you have a home to insure. Next, ask your auto insurance agent this question,”If I buy three or more types of insurance do I get a bigger discount break?” After you asked that question ask the auto insurance agent another one,” if I have more than one vehicle insured with you will I get another discount?” Most of the time the auto insurance agent will smile and say ,”YES.” Make sure and ask your auto insurance agent for the discount.

Take Advantage this unforgotten savings tip. Tell your auto insurance company you don’t drive a lot. This is called low mileage discounts. Auto insurance companies offer discounts to motorists who drive lower than average number of miles a year. Low mileage discounts can also apply to drivers who car pool to work. Many auto insurance companies offer deep discounts to policyholders who have not had any accidents. Also you may get a discount for not having a moving violations for a number of years. Ask your auto insurance agent if I take a defensive driving course do I get a discount. If there is a young driver on the policy who is a good student, and has taken a drivers education course – You might get that discount also. Also, remind your auto insurance agent if your son or daughter is at a college and out of the area without a car, you may also qualify for a lower rate.