Car Insurance 101

Assuming a higher risk with respect to your auto insurance depends on your choices and your current situation. Just because you have money in the bank or you are tightening belts during the rainy days does not mean that you have to opt for a higher risk with auto insurance or opt for a lower one. You would be surprised to know that choosing to assume a higher risk does not entirely depend on how much money you have on hand or how broke you … Read more

Somebody should have told you that insurance companies are impression-based. You must not take it personally because providing insurance to the public is a business. The list below will tell you not only the penalties but also the repercussions of late auto insurance payments. Cancellation due to non-payment The insurance company may have to cancel your policy when you do not pay on time. While life insurance policies usually have a grace period, not all auto insurance companies allow a grace period within which you … Read more

A newly acquired car in addition to your old one would mean a need for a new car insurance coverage. Adding a car to your auto insurance policy can prove to be more economical than getting a separate insurance policy for your newly acquired automobile. Car insurance companies offer discounts for covering more cars in a policy to attract more business and customers. Below are some helpful reminders when adding a car to your auto insurance policy. Prepare the information you need To be systematic … Read more

It is always advisable to get car insurance when you own a car regardless if you use it to travel a lot or when you are driving from home to work and back. These days, there are countless car insurance companies out there and it can be challenging to pick the one that can give you the best deal. There are a number of things to consider when it comes to getting the best car insurance quote. Car Size Light weight cars are more likely … Read more

Lowering and increasing your auto insurance deductible should be made to depend on different variables and factors which affect the extent that an insurance company would agree to assume the risk. These factors are quite many. Below are some of the factors which would deem it advisable to opt for a low auto insurance deductible. Your area Do you live in a heavily populated place? More people means more automobiles in the road and therefore more traffic. Accidents are most likely to occur on a … Read more

Admittedly, there are years that you are not able to take advantage of your premium because you do not incur damage or do not cause damage to others. This is the reason why it is wiser to opt for high auto insurance deductibles when procuring an insurance policy. Who might be the best people who should have high auto insurance deductibles? Owners of old cars It makes sense to pay a low premium for an old car, correct? And of course a higher premium has … Read more