Car Insurance Articles
Renting a Car: Which Insurance Should I Buy if I Buy Rental Car Insurance?
Car rental companies want you to rent their cars, but they are rightfully concerned that their vehicles be returned just as they were rented, except for the miles that are put on them. If you bring back a wrecked car and are without the right insurance coverages be expected to pay a lot to get the rental car fixed and back in service....
Understanding Diminished Value
If you have an auto accident and the insurance company repairs your vehicle back to original condition, to everyone’s satisfaction, consumer advocates contend the car is still worth less money than before the accident. This is diminished value, or diminution in value....
Newly Licensed Teen: Recommended Insurance Coverage
There are many factors affecting auto insurance rates for teens. Some factors to keep in mind include the type of car, grades, driving history, and completing a driver education course. You have to determine whether the teen will be on a family policy or have his or her own policy....
Driving Record Points: Length On Your State Record
Since state laws vary so much on how long points and violation remain on a person’s driving record you can also contact the DMV for this information or just look online. Most DMVs have the state’s driver handbook posted online and this guidebook normally notes the state’s point’s schedule. In addition, it includes how long violations will remain on a driving record....
Uninsured Motorist Coverage and Underinsured Motorist Coverage
A thorough explaination about Uninsured Motorist, Underinsured Motorst and state rules. Uninsured Motorist and Underinsured Motorist coverages, many drivers have these coverages as part of their auto insurance policy but do not understand what they encompass. First most Uninsured Motorist (UM) and Underinsured Motorist (UIM or UNDUM) coverages only cover bodily injury (BI) and not property damage (PD). Many drivers are under the incorrect assumption that Uninsured Motorist will cover damage to their car when likely they only have think UM BI....
Auto Insurance Fraud
Unfortunately, we live in a world, where the honest consumers have to pay for the dishonest consumers. Just like retail businesses, where companies have to pay for the cost of shoplifting through retail prices, insurance companies must allocate a certain amount of premium cost to insurance fraud....
Another Explanation of Gap Insurance
In case you have an accident, and people do all the time, gap insurance can save you a huge headache and get you back on the road with another new car quickly and with considerably less expense by helping to pay off the remainder of your financed amount after an insurer pays for the car’s ACV....
DUI and Car Insurance Prices
One common question asked is how does a serious offense on my record, such as a DUI, affect my car insurance rates. Depending on the total circumstances, the rates can go dramatically higher. The costs are made up of legal fees, state fines and penalties, lost time from work, expenses for driving schools, higher insurance costs, and higher insurance limit requirements. Typically a driver will immediately have his license suspended from six months to one year....
Changing Your Insurance Provider With No Lapse In Coverage
Changing insurance is easy as long as you purchase a new policy before your old policy expires. An insurance industry standard has been set up; this standard is that all policies, (auto, health, homeowners, etc.), will expire at 12:01 AM at the address of the policy owner.If you buy the policy before expiration, then set the effective date to your old policy expiration date. If you set the new policy effective date sooner, request a refund from your prior policy....