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Auto insurance comparison helps you save money

admin — Sat, 16 Apr 2011 06:24:56 +0000

Whether you require car insurance for a car you recently purchased or are considering purchasing, or if you are due to renew your existing car insurance, shop around and compare car insurance quotes online. Not only will you be able to find great value car insurance but you will be able to compare policies to find one that suits you while potentially saving hundreds in the process.

Using the Internet to compare quotes side-by-side allows consumers to quickly pinpoint the insurers offering cheap auto insurance rates for the coverage desired.

When comparing auto insurance, take the following into consideration:
* Price – The price of a carrier is among the biggest concerns of shoppers, especially during tough economic times. The important thing to remember, is to compare the same coverage, as they say “apples to apples”, and keep in mind the extras such as towing and rental as well as details such as deductibles and liability limits.
* Strength – The financial strength is a good indicator of the stability of a company. Due to the highly publicized recent financial failure of major carriers, more people find this to be an important factor.
* Service – Good customer service is an important factor. In the event of a claim, policyholders should get fair treatment after doing their part, paying their premium. Servicing a policy should also be hassle free and without delay. Some consumers ever prefer to pay a little more to get satisfactory service.

Tips to Find Cheap Car Insurance

admin — Sat, 16 Apr 2011 06:22:13 +0000

Everybody wants cheap car insurance, but how do you actually find it? Fortunately, there are several things you can do to lower your insurance costs.

1. Comparing

If you are switching to other insurance policy or buying new auto insurance, it is vital to do a small market based research. Finding out different companies will help you have wide options to choose from. Consider all types of insurance carriers small and big both and ask for their quotes. Make sure that you do not pay anything for the quotes which would unnecessarily add to the cost you incur. Once you have number of quotes from different companies, then you need to compare all the deals that you have as options and find the best suited deal.

2. Cut costs
There are lots of ways to save on auto insurance, but while a lot of people look for deals, one guaranteed method is to cut costs.

3.Look for discounts
For a lot of people, the key to cheap auto insurance is to maximize discounts. Insurers have been known to offer discounts based on the type of work you do, your driving record and whether you’re married. Insurers also offer discounts for those who pay their yearly premium in full, and there’s usually a discount for insuring more than one vehicle on the same policy.

Warnings:
# Make sure you understand the eligibility requirements for each company’s discounts.
# Make sure you understand your state’s laws regarding minimum car insurance requirements. The Resources section of this article will allow you to look up this information and more about your state’s regulations.

Car Insurance Shopping Tips: 1. Learn the Lingo, 2. Stay with a Leader, 3. Enhance Your Experience.

Questions about how to choice an auto insurance company

admin — Fri, 15 Apr 2011 03:20:55 +0000

Q: Is there a list of rankings of top car insurance companies? What is a good car insurance company?
I’m shopping for car insurance and want to look for reviews of all the major companies out there. I want competitive prices, but good customer service is top priority, such as not trying to find a way out of paying me if I have an accident and not raising my rates without my knowledge like some companies are rumored to do.

A: Look, very few companies try to “find a way out of paying you”. All those stories you hear, are about people who tried to find a way to trick a lower rate out of the insurance company, and they got caught. It doesn’t HAPPEN that way.

Not all insurance companies write in all states. No one ranks them, by “good”, as it’s SO subjective. But you CAN check with your state insurance department website, to see which companies have the most COMPLAINTS. In general, State Farm writes the MOST auto insurance policies in the USA, and has the lowest PERCENTAGE of complaints. I also think that USAA does a bang up job, but you have to be active military or police, or retired military, or child of a retired military person, to qualify.

Q: What are your opinions about the different car insurance companies? Which one is the best?
I currantly have Geico for our auto insurance. They are cheap but i am seeing why. thier customer service SUCKS. i would really like some opinions on different car insurace companies. Thanks!!

A: The best insurance company depends on your situation. If you want a variety of providers in your area to compare.

i have farm bureau ,and have had it with them for over twenty years now,and i think there good,geico isn’t that good of a company,and your not the only one who has ever had problems from her service department either,other people are complaining also,my step son had it with them also,but if i was you id try calling some other company’s and just see how there rates are,anything would beat them from what i have heard about them,good luck,i hope this help,s.

Q: Should online car insurance companies be avoided?
A: No,there is convenience of being able to view your coverage, policy, order i.d. cards, file claims, and make changes to your policy 24 hours a day. The only downside I have seen is due to the actual consumer NOT paying attention to the e-mails that require one to review/sign and return the documents to finalize the binding of the policy.
Any online insurance carrier however, when in doubt of their stability or credibility, should check them out through the Department of Insurance prior to purchasing anything though.

How does auto insurance work in this situation?

admin — Fri, 15 Apr 2011 02:46:19 +0000

How to do about auto insurance.

Question: I was in an auto accident and I have medical insurance. My medical insurance covered my medical expenses; however, I wanted to know if the auto insurance is still liable for those expenses? It seems as if my having medical insurance should benefit me and not the liable party’s auto insurance company. If I did not have medical insurance the auto insurance company would still have to pay for those expenses. So shouldn’t they still have to pay for those expenses and I get what ever is left that my medical insurance company did not pay? Are there any laws statures that back this up in Georgia? I am trying to settle this claim without getting an attorney and I need all the help I can get. Any advice would be helpful. I am in the process of writing a demand letter.

Answer:Your medical insurance provider will collect from the insurance company of the driver who caused your injuries. This process is called subrogation. It is standard practice throughout the US.

You are not entitled to dual benefit from your injuries. Go ahead and consult an attorney — he or she will almost certainly tell you the same thing.

If you have a pain and suffering claim, that would be paid by the insurance company of the at-fault driver, assuming that there is any room left on his liability coverage. If he had minimum liability that’s probably been exhausted already. An attorney can help with that part of your claim if need be.

Question: I currently have two cars, a Toyoya and a Galant. My auto insurance will be renewed starting Feburary 1st which is in in about 2 days. I really think I will sell both cars w/in the next few wks(Toyota has high mileage and the Galant uses alot of gas) for a more fuel efficient car like a Honda. Is it possible to change automobiles in the middle of a coverage period? I’m not sure how it works. This is my 1st time with my own insurance.

Answer: Yes you can do this. When you get the new car you just bring in the cars information and tell them you want to switch the insurance to the new car. it is easy and it should not cost anything if you are up to date on your payments. You may get the new paperwork and cards on the old cars, but the insurance company will just make a new one with your new car on it instead of the old one and mail you a new card and paperwork. The place you pay at if you have the office in your town will give you a temporary card until they make up the real one, and you can use the temporary card until you get the real one.

Does Speeding Ticket raise Insurance Rate?

admin — Thu, 13 Jan 2011 08:29:55 +0000

I just got my first speeding ticket this morning. Was going 40 in a 25 zone. I dont want my parents to find out so I paid for it this morning by money order.

But will the insurance go up? I’m not sure if the insurance is under me or my parents. I’m 22, but my parents names are either under registration or insurance for the car, i’m not sure which one.
Best Answer
No. it will not raise your insurance . Your insurance company will never know about it . The state does not inform insurance companies about traffic violations . It will be on your driving record at your states motor vehicle department for 3 years . You only have to worry about it if you are looking for a professional driving job within the next 3 years … Anybody who tells you that your insurance will go up is lying and messing with you . You paid the ticket . You’ll never hear about it again .
Mr.Goodhi is either lying or just plain wrong.

Help I got my first speeding ticket, now what?!?
Do not worry everything will work out fine eventually, you may need to modify your habits a bit, and stop worrying about the people honking behind you, especially if there is a cop writing tickets, let him deal with the speeders, I would just tell your dad, get it over with, tell him right after lunch though, most people are in a better mood after eating. I would take the traffic school, In my state you pay the fine irregardless, take traffic school and it does not go on your record, which is the same as no ticket, usually the price works out in the end to the price of a ticket, but you skip seeing the judge. There is no reason to see the judge, you have no defense, The best defense for not getting tickets, is go the speed limit, it sucks but look at the alrernative, a big fine and unnecessary stress. good luck, whatever you decide to do!!

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Buying an Individual Health Insurance Policy

admin — Thu, 09 Jul 2009 12:20:26 +0000

Until recently, most people got their health insurance from their mployer. People with low income got their insurance from the government. But now With fewer and fewer employers providing family and individual health insurance for their employees, many are turning to private health insurance solutions. Health Plan One is here to provide in depth information and provide you with an individual health insurance quote that meets your needs.

What is individual health insurance?
Individual health insurance is coverage that a person buys independently. It can be sold to a single individual, to a parent and dependent children, or to a family. The majority of Americans get their health insurance coverage through an employer or through a government program, but five percent of the population purchases private health coverage on an individual basis. Each state separately regulates how individual policies may be marketed and sold.

What Kinds of Private Health Plans Can I Choose From?There are plenty of individual health insurance plans to choose from. Here are the most common types:
HMOs (Health Maintenance Organization). HMOs are one of the most affordable health plans available — and they offer comprehensive coverage. HMOs create networks of doctors, hospitals, clinics, specialists, and other care providers. Most HMO networks consist of thousands of health care professionals, ensuring you’ll have convenient access to medical care when you need it.
PPOs (Preferred Provider Organization) . The PPO is an affordable individual health insurance plan with an added benefit — you’ll have coverage with any health care provider. That means you can see any doctor or specialist you want, and your plan will cover the care. The PPO is great for flexible, comprehensive, and affordable health care.
Health Savings Account (HSA) Plans. There are 2 parts to HSA coverage: a high-deductible plan and a Health Savings Account. The high-deductible plan provides catastrophic coverage and features low monthly premiums. The HSA is a tax-free savings account where you save money to pay for routine medical expenses.
Fee For Service (FFS) Plans. The FFS plan is the traditional form of individual health insurance. It works very simply — you get the care you need, then you’re reimbursed for a percentage of the cost.

Queation about your car insurance when you lend it to your friends

admin — Sun, 05 Jul 2009 12:33:04 +0000

Case one: I have liability insurance. If I lend my car out to a friend, will my insurance pay in case of an accident?

Case two: If I lend my car to a friend and they have an accident that they caused and they have car insurance, will their insurance cover damages or liabilties, or will responsibilty be on my insurance?

Depends on the laws in your locality, but the general rule of thumb is that the insurance follows the vehicle and not the driver. That is most commonly the case. Typically, it goes like this: your insurance is the primary for liability/damages, if your liability limits are exhausted then the secondary insurance applied is that of your friend (if they have a valid policy), if both exhaust the liability limits then the third line is the insurance of the accident victim from their underinsured/uninsured motorist coverage (if they have any), and finally when all liability limits are exhausted then a judgment to pay damages will be handed down to either you, your friend, or both (again, this varies by locality).

Seems pretty impossible for that to happen, but it does a lot more than most people realize. Especially, when one cannot count on the fact that parties 2 (friend) and 3 (victim) even have insurance. The other scenario is that everybody is carrying the minimum required by law. For example let’s say your bodily injury/property damage liability had limits like this: $25,000 payable to one injured party/$50,000 payable to more than one injured party/$25,000 payable for property damage.

Okay, so your friend has a wreck and hits a new Mercedes Benz and totals it, guaranteed $25k property damage won’t be enough to cover property damage liability. And if they took out a telephone pole or damaged other property besides the car then that must be paid for too.

Say there are 2 people in that car and they are badly hurt (or really good actors/hire an aggressive attorney) and they sue for a $1,000,000 and win. That $50k limit is a drop in the bucket. Even with all 3 parties insured, you can see how quickly the money runs out.

So most all auto insurance Liability policies will cover a licensed driver who drives with your permission and conversely, your liability insurance generally will cover you if you drive a friend’s car as secondary insurance. Some car insurance policies will however state specifically that no other person is covered when driving your car or have other exclusions. It is always best to check your policy and even with your agent before allowing a friend to drive your car.