Category: Insurance

If you are a high school student, then you know you are paying very expensive car insurance rates. Premiums are based on risk. The insurers will analyze a series of factors and will determine how likely is for you to be involved in a car crash and file a claim. Statistics show that high school students are more likely to be involved in a car accident. It doesn’t matter if the student is a greatRead more

The first thing you should consider after paying off your car is dropping full coverage. In some situations, dropping full coverage can be a wise decision. However, if you consider you might have difficulties paying for repairs or a replacement vehicle, you should keep full coverage. Comprehensive and collision coverage are the two parts of full coverage. Full coverage covers events such as animal collisions, falling objects on your vehicle, weather damage, fire, theft, vandalism.Read more

Hitting an animal with a vehicle can lead to significant injury, extensive vehicle damage, and even death. If you don’t have the proper coverage, then you can potentially lose thousands of dollars if you hit an animal. If you are unlucky enough to hit an animal while driving a vehicle, then the only coverage that will reimburse you is comprehensive car insurance. Just in case you will ever hit an animal, you should know moreRead more

Many drivers pay cheaper car insurance, just because they own a home. Bundling policies together is one of the easiest methods used to save money on car insurance. In most cases, insurance providers that sell auto policies, are also selling home insurance. If you are a homeowner, you can bundle your auto and home policies together, in order to save money on both policies. However, owning a house doesn’t necessarily mean you will automatically getRead more

If your car got damaged, your insurance company is required to repair your vehicle to its condition prior to the incident it got damaged. You will likely want your vehicle to be repaired with original equipment manufacturer (OEM) parts. Both OEM and third-party parts fit your vehicle perfectly. Some drivers might consider OEM parts to be better. However, your provider will likely pay cover for non-OEM parts. You can choose to pay the difference betweenRead more

If you own and drive an older vehicle and you still have collision coverage, then don’t be surprised when you will be advised to drop collision coverage to save money. Before you drop collision coverage, you need to know what benefits are you losing. Full coverage insurance has collision and comprehensive coverage. Comprehensive coverage protects your car from damages caused by severe weather, theft, fire, vandalism, and animal collision. Collision insurance covers the damage yourRead more

You started packing up and you are ready to move to another state. You are retiring to a sunny state with long beaches and pleasant ocean breezes, or you are moving across the country in favor of a once-in-a-lifetime job opportunity. You are probably excited thinking about the new challenges and opportunities, unfamiliar surroundings and meeting new people. The last thing that is in your mind is your car insurance policy. However, updating your policyRead more

If you have decided to purchase a new vehicle, then you noticed that your car insurance cost went up. The year, make, and model of your car can have a large impact on your car insurance premiums. Car insurance companies are using many factors in order to determine the drivers’ car insurance rates. The type of vehicle is one of those factors. Before buying a new vehicle, it is important to know the following information:Read more

If you have just experienced a car crash and you are required to file a claim, then expect to receive a call from a claim adjuster. Claims adjuster are persons sent by insurance companies to investigate claims and negotiate settlements with the policyholders. Also, claims adjusters will have to talk with the persons involved in a claim and they will have to explain why a claim is denied or why they are paying out thatRead more

Car insurance costs can vary a lot from one person to another. Usually, car insurance rates are determined after analyzing the vehicle type, the driver’s location, age, gender, and driving record. You can keep the insurance costs under control if you maintain a clean driving record. However, even the smallest traffic violation can make your premiums rise for a period that is up to three years. You can also try to shop online car insuranceRead more