Posts Tagged ‘car insurance’
Three Simple Ways to Get Cheap Car Insurance Quotes
January 18th, 2012 | 
Author: 
Cheap car insurance quotes can help you to cut your motoring expenses significantly. The price you pay to insure your vehicle is a significant factor in many household budgets. By reducing the quotations that you get for your next policy you should be able to improve your finances significantly. In this article we will examine some of the ways that you can get more affordable quotations and save yourself some money.
Firstly, you need to decide just what your requirements are. Do you require full coverage auto insurance or just basic liability cover. If you live in the United States of America and reside in a no-fault state then you will be required to have liability cover and no-fault coverage as a legal minimum. You may also want to have legal protection, medical expenses cover, windshield protection and breakdown coverage included in your quote.
Once you have decided on your requirements you need to decide the best way to get a variety of quotations. You may decide to make a visit to your local insurance broker, call a variety of companies on the telephone or to begin your research using a car insurance comparison website.
The Importance of Getting Protected by Auto Insurance
An example may help demonstrate about auto insurance better:
You have a current auto insurance policy with the following limits: property damage $15,000 and bodily injury $15,000/$30,000. the bodily injury limits mean that there is up to $25,000 in coverage available for any single person injured and up to a total of $30,000 total for all injured parties. Lets say, for demonstration, there were 3 people in the vehicle in which the injured parties were in and you were found to be at fault. The driver was injured badly, sustaining a broken hip, lacerations to the face and a broken arm. The other 2 passengers in the vehicle sustained soft tissue injuries to their backs and some cuts to their faces from broken glass. From my experience as a claims adjuster and manager, this claim will be valued over the policy limits of $30,000 for all injured parties.
Remembering that your insurance company has a duty to protect you and resolve this claim within the limits of your policy. If the injured parties have an attorney, the attorney will do his/her due diligence to determine if you have any personal assets of value or are a high net worth individual. If you are, the attorney may decide to pursue both your policy limits and then come after your personal assets. And yes, this does happen and you and your assets could be at risk.
Posted in Auto Insurance | 
Tags: auto insurance, auto insurance quote, car insurance, car insurance quotes, car insurance rates | 
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Check the Assumptions Made to Generate Your Car Insurance Quote
If you’re shopping for auto insurance online at a site that offers instant quotes, check the fine print to find out what they base the quote on. One of the easiest ways for the site to provide quick quotes is to make general assumptions about drivers who apply for a quote-assumptions about age, driving record, use of the car and other things that directly affect the cost of your auto insurance. If those assumptions aren’t accurate, the instant quote will also be off. Check the assumptions, and if they don’t fit your situation, be aware that your actual quote from an insurance company may be more or less than the instant one you received.
Look Out for Sponsored Listings
Some sites will push you toward insurers that pay them a higher commission for each policy. The push may be subtle, such as placing sponsored listings at the top of the page or in larger type. Be sure that you read the insurance quote thoroughly before making a decision.
Get Your Paperwork Together Before You Start Applying to Buy Insurance Online