Don’t Suped Up your car or pimp your ride to save money on car insurance

By pimping out your car with bigger shinier rims, big loud stereo system, with lcd TV, Lamborghini doors, or fancy body kits are something most people want because they look cool. By having one or all of these additional modifications to your car will actually increase your car insurance premium because if you got into an accident or the car got stolen. Your car insurance will have to pay for all the medications you did to your car.

So if you are looking for a way to save some cash, you might want to hold back on all those modifications. Unless money is no object to you or you are a hard core car fanatic you might want to back off on all the modifications. You will thank your self when you see the price difference when your car insurance bills come.

Car insurance guide to young drivers

If you have a teenage driver in your house that is getting ready to drive, you will find that the cost of your teenage car insurance is not as affordable. There are many different things you will need to decide when you have a teenager driver in your house. You will need to be honest and think about what type of car insurance you need to get for your teenager. Recently, there have been many reports about the car insurance for teens are rising. However, with the right information you can prevent the raising cost of your teenager car insurance or at least you understand exactly why teenage car insurance is more expensive.

First, teenage drivers are likely to get into a car accident. This is why car insurance for teenagers is more expensive because the simple fact is that teenagers are more risk for the auto insurance companies. There is a higher risk for teenagers’ driver than someone who has been driving for many years – that is the reason why car insurance cost more for teenagers.

One option to keep your teenager car insurance low is to have them graduate from a driving school. This allows teens to learn from an experience instructor and gain valuable driving experience. Once your teenage driver completed the driving school and receive their certificate, you may show the driving certificate to your car insurance. Another option is to shop around for different car insurance quotes online. It is easy and you can always do it at your own time. Read more ›

Types of tickets that effect your auto insurance cost

Worrying about which tickets will effect your auto insurance is a trying thought. There are so many different tickets that you can get, and it is somewhat of a mystery of what will make your auto insurance premium to go up or what will make it go down. If you are the type of person that always unluckily gets parking tickets, there is good news for you. Parking tickets do not count against your auto insurance; your premium will never go up from parking tickets, except any moving violations.

What is moving violations? Moving violation is any sort of ticket you get when your car is moving. For example, speeding tickets, running red lights, and don’t not stop at the stop sign. These are all examples of moving violations which will make your premium to go up if you have any of those tickets.

Now you are thinking how your car insurance company will know if you have any tickets. Your car insurance can find out if you have any of those tickets with their central database, so there is no way you can get away. Make sure when you drive, you drive safe and obey the laws of traffic!

Will your car insurance premium cost go up after an accident?

What happens to your auto insurance rates when after you crash your car?

You gotten in a car accident and wondering if your car insurance premium will go up. Well, that depends on a number of factors. Here we have collected some helpful principles on whether your car insurance may or may not increase after a car accident.

#1 What is your car insurance company?

Your car insurance company plays the biggest role in whether your car insurance premium will go up or not. The reason for that is because your car insurance company takes on your risk each month. If you car insurance company say it is now more expensive to insure you, you are stuck it that. (not every car insurance is the same) Where one car insurance company will only take on about 10% premium surcharge after an accident, another car insurance company may not do anything to the premium. Below are other factors that influence the car insurance company decision to increase or not increase your insurance premium.

#2 Was the car accident your fault?

Another big factor if your car insurance premium will go up after the accident is whether the car accident was your fault. IF you caused the car accident and the damages are over your deductible (usually $500-$1000) an increase to your premium is most likely. How much the increase cost of your car insurance premium depends on the severity of the damages, injuries, and your car insurance company. In most cases the increase is about 10% increments and it may last for 3 years. Read more ›

Auto insurance for Taxi Drivers

As a taxi driver you will most likely to have carry liability coverage and bodily injury liability or BIL. The Bodily Injury Liability will cover claims of payment for the injuries and even death caused by the driver. If there is an accident cause by the taxi driver, the taxi driver is protected from paying for the medical expenses or burial expenses as well as for the attorney’s fee once a lawsuit has been file.

Injuries to the driver are not included in this claim. Also important point to keep in mind is that auto insurance coverage for taxi drivers is the property damage liability or they call it “PD”. If the taxi damages a property, it may be another person’s car or part of the house, the taxi driver is covered. Physical damage and collision damage coverage are essential as well.

Most of the taxi drivers spend all their working days on the roads, so they are more prone to accidents than a regular driver. Because of this reason all taxi drivers need full coverage auto insurance if possible or at least have an adequate coverage to protect the taxi driver from financial and criminal liabilities. Another important thing is that the auto insurance coverage for a taxi most meets or exceeds the minimum requirements as set by each states or provinces.

It is best for taxi drivers to find the best and cheapest auto insurance coverage, because taxi drivers need to have a comprehensive coverage and you need any help you can get from your auto insurance.

Looking for short term Auto Insurance

You may notice the different reaction when asking for a long term or short term auto insurance when you to any auto insurance companies. Most auto insurance companies are so enthusiast when you approach them for long term auto insurance, but the opposite when you ask them for short term auto insurance.

When applying for a short term auto insurance that range from 1 day to 1 month. Examples of such situation is driving the car for a short period of time like test –driving a car, borrowing a car from someone, or you are teaching someone how to drive. Or maybe you are going for a trip that require a temporally auto insurance. You the need a simple short term auto insurance, but this poorly competitive market you might be picked out as a burden for them.

Many new auto insurance companies coming out are making a serious approach towards getting this market back on track. These companies are now have highlighted how such risk even during the smallest of your journey could bring you huge losses. Even the police have taken up new measures to make such insurance mandatory. So getting a short term car insurance is no longer a matter of deciding on your necessity. It has become almost as important as a long term insurance for your wheels. And that is a reason why now you can find good competitive prices for such short term car insurance online. In fact, some deals for this category outscores most other auto insurance schemes!

Auto Insurance cost may outweigh Clunkers for cash

Many consumers are considering trading in their older, less fuel efficient cars for newer cars to earn some extra cash through the government’s CARS program (Car Allowance Rebate System). But higher auto insurance rates could minimize the benefits of trade ins according to insurance.com.

“Cash for clunkers” shoppers flood car lots

Buying a fuel efficient car is great for the environment, but new cars generally have higher auto insurance rates because they are more expensive to repair and replace. You may end up offsetting the savings from the government. Fuel efficient cars do cut gas costs weekly right away, but auto insurance rates can cost you a lot more money over time so shopping around is crucial. According to a study from women-drivers.com 22% of drivers shopped for auto insurance before buying their policy for their new car. Rates are dropping so shopping around for auto insurance is a smart move.

The CARS program is still a great initiative towards protecting our environment, but it may not be for everyone. As always, do your homework before trading in or buying a new car.

Auto Insurance discount for senior citizens

Senior citizens typically get discounts for just about anything as long as they show their senior citizen card. With regard of auto insurance, senior citizens too can get a discount but not everyone is eligible. Research showed that senior citizens who are still driving have high tendency for accidents and are advised not to drive anymore. If you are a senior citizens and wish to be considered for a discount, you must take the senior citizen driver safety course and once you pass that course. After that your auto insurance agent would know if you are eligible for a discount or not.

As senior citizens, you are eligible for auto insurance discount similar to the younger drivers. If you have high deductibles then you are more likely to get a higher discount as senior citizens and if your car has safety a system installed then you may also get a discount for that as well.

Also, keep in mind what type of auto insurance you need. If you have a old car then you wouldn’t need to get a full coverage. Read more ›

The difference between Limousine Auto insurance and normal auto insurance?

There is a wide range of difference for purchasing or hiring a limousine as compared to that of a normal car. Clearly these differences are noticeable between their auto insurances also. The basic difference between the two cases is that the insurance companies are more secure about the limousine drivers than just an ordinary man driving a regular car. This is because limousine companies and their drivers need to have educated drivers or chauffeurs to match the status of their vehicle.

The limousine companies make sure that each driver have completed driving education and have passed the defensive driving course. This helps the limousine companies to cash in huge discounts from the insurance companies as such drivers cannot be a threat on the roads.

Another difference between these two auto insurances is that ordinary car insurance covers only the vehicle itself. But in limo insurance, the driver or chauffeur can also be covered under the auto insurance. This is very helpful to the driver in case of an accident as the insurance will help waive off the liability.

One last difference of limo insurance is that it helps the limousine company from going bankrupt in case of an accident or theft. Not like regular cars which are mostly used for personal use, limousines cater mostly as a taxi for special occasions like weddings, burials and airport. In case of accidents, the company will faced with not only huge repayments to the passengers involved as well as big lump sum for replacement or repair of the damaged vehicle. Even in case of theft, the huge price tag may hurt the company very badly. In all such cases, the auto insurance will help protect the company from any big damages. Therefore, the insurance company mostly caters to a limousine company for its fleet of cars rather than the owner of a single limousine. This helps them to get good packages for the insurer.

3 signs you are over paying for your auto insurance

An article on bignews.biz entitled “3 Signs That Your Auto Insurance Company is Overcharging You” by Ryan McGavin discusses three signs to look for to determine if you are being overcharged for your auto insurance policy. More than ever people are in need of affordable auto insurance so it’s important to know you are receiving the best price.

Here are the three signs to keep your eyes open for: Read more ›