Thursday, May 7, 2009

What is the Average Price of Auto Insurance?

What is the Average Price of Auto Insurance?

How much do the majority of people shell out for auto insurance? That is really a tough question. It is based for the most part on where you reside, instead of on the type of auto you own, as many believe.

If you live in a rural area you will most certainly have lower premiums than someone in the city. There will be a greater chance of an accident if there is more traffic on the road.

Insurers determine the cost of premiums by considering a variety of pertinent factors that include the driver's age;however, the major concern is assessment of the risk that they will have to pay a claim.

The National Association of Insurance Commissioners put together a report stating the typical cost of auto insurance dropped by 1 overall.Seven percent in 2006. They made a list of the 10 most and least expensive states to reside in when considering auto insurance costs. There is a significant difference between the highest and the lowest.

The average expenditure per capita in Washington DC is about a thousand dollars a year. The average in North Dakota is $530, which is less than 50%. If you want to relocate for a lower insurance rate, you may want to consider moving to Iowa, South Dakota, Idaho, Kansas, Nebraska, Wisconsin or North Carolina. You can obtain a comprehensive car insurance policy at an average annual rate of less than $600 a year in all of these states.

However, interestingly enough, the median price for homeowners in North Carolina is more elevated since their coastal region suffers a lot of hurricane damage. There are many factors to think about when you are picking a new place to live.

Among the states that have the most elevated rates are Nevada, Delaware, Florida, New York and New Jersey. Each year, the expenditures in the indicated states top $1000. Different cities also have different rates. The state average rate is driven up by cities with higher rates

Just two years ago, people residing in Detroit could expect to pay over five thousand dollars a year for auto insurance. However, the median amount statewide was under $1000. Michigan is big in size, possessing a lot of rural regions. If you live out in the countryside your premiums will be lower than in a populated area such as Detroit.

Which businesses sell the majority of auto insurances? It may interest you to know which businesses supply the most auto insurance in the United States. Go online to compare quotes from these three as well as many others.

Ian Wright can help you save money on insurance BUT you have to visit: online car insurance quote or

Wednesday, May 6, 2009

Exploring the Most Expensive Vehicles to Cover With Car Insurance

Exploring the Most Expensive Vehicles to Cover With Car Insurance

Are you getting ready to purchase a new vehicle? If so, you might want to seriously consider how much it is going to cost you to insure that dream machine before you make a purchase. Even if the sticker price at the dealership isn't enough to scare you away from the vehicle you have been eying, the cost of covering it with car insurance might be a different story. In fact, you may be surprised to learn that the most expensive cars to insure are not necessarily fancy sports car or other vehicle designed to go from zero to 80 mph at breakneck speed. While these cars can certainly cost you a great deal to cover with insurance, there are a number of other vehicles that can be quite costly to insure as well.

When it comes to the costs associated with insuring vehicles, there are a few rules of thumb to keep in mind. In generally, luxury cars are going to be more expensive to insure because they are also more expensive to repair or replace if they become damaged. The same is also true of sports cars, since they are more likely to get involved in accidents. You may be surprised to learn, however, that four-wheel drive trucks can also cost more to insure as well as other performance vehicles.

According to the Highway Loss Data Institute, however, there are several vehicles that top the list when it comes to the most expensive to cover with insurance. The top ten list of cars that cost less than $50,000 includes:

  • Lexus IS 300
  • Land Rover Discovery Series II
  • Audi S4
  • Jaguar X-Type
  • Mercedes SLK Class
  • Lexus GS 430
  • Land Rover Freelander
  • Mitsubishi Montero
  • BMW X5
  • Toyota 4Runner

Those that are the most expensive to cover in terms of theft coverage include:

  • Acura Integra two-door
  • Acura Integra four-door
  • Jeep Wrangler
  • Jeep Cherokee four-door
  • Honda Prelude two-door

When it comes to the cost of providing injury coverage, on the other hand, the most expensive vehicles to cover include:

  • Suzuki Esteem four-door
  • Mitsubishi Mirage four-door
  • Kia Rio four-door
  • Mitsubishi Mirage two-door
  • Kia Sephia four-door

Collision coverage, on the other hand, is the most expensive on the following vehicles:

  • Lexus IS 300
  • Hyundai Tiburon two-door
  • Kia Spectra four-door
  • Suzuki Esteem four-door
  • Mitsubishi Mirage four-door
  • Audi A6 Avant Quattro station wagon

For more tips, quotes and articles on Auto Insurance please visit

Tuesday, May 5, 2009

Car Quotes Do's and Don'ts

Car Quotes Do's and Don'ts

There are so many things you must consider before getting a car quote from your local dealer. How can you make sure that you are getting good deal? How can you avoid being bamboozled with all the car jargon, statistics, or other technical stuff you can't possibly understand sometimes? It may be a bit intimidating, especially for first timers who know nothing about it. If you want to be on the save side, read on this article. The information and tips you will read below might save you so much cash and trouble.

Always remember, although most car salespersons are probably honest hardworking people, you have to keep in mind that Sales Managers, Car Sales People, and Finance Managers all get their income through commissions. This means that whatever they sell you; they probably get fifteen percent of that. They think about the weight of their pay check even as you enter the room. They see you as potential money. So of course they'd prefer to jack up the car quote to however higher they could possibly do so. These people have been fully trained in the complex procedures calculated to make potential buyers' emotions directed towards buying a car pronto, without enough time to think things through. Do not give in to this. There is no rush in buying a car. Take a few weeks, in fact, take months if you have to, before finally buying your car. Remember that car quotes can change as easily as the wind. The underlying principle to these is that a profit is added to the prize. The size of these profits is huge. They anticipate your haggling with their prizes, therefore, by all means, haggle their prizes to bring it down to a more sensible range.

Look for free car quotes online. This is a good way to do some research and actually get a feel for the market and the prices. Free car quotes abound everywhere. But the ones online are perhaps some of the easiest ones to get. In any case, a free car quote will make you feel less obligated in buying that car right away. But just remember that the price you will see here can most probably be significantly lowered.

Do not sign anything binding. Do not let anyone convince you that the car you are looking to buy will not be available tomorrow. They will tell you that their discounts and offers will fade within a couple of days and that you should reserve it for yourself now. Do not give in to this temptation for this will make you feel obligated to buy the car you paid a down payment for. Think about it more. Hold on to those car quotes and put them under your pillow.

Get cheap new car quotes at Car Quotes

Monday, May 4, 2009

Tips to Help You Secure Low Cost Car Insurance

Tips to Help You Secure Low Cost Car Insurance

Car insurance is a necessity in order to drive legally on UK roads. However, there's no need to pay more for it than you have to and making savings is possible if you know where to look. The internet is equivalent to a huge high street, but the beauty of shopping online for car insurance is that instead of having one or two insurance companies with which to compare prices and policy features, you can have access to literally dozens. Choosing your insurance online can be one of the best ways to secure low cost car insurance, especially if you use a car insurance comparison website.

For example, some services allow you to evaluate several policies at the same time, allowing you not only to compare premiums but some of the major policy benefits too.

You see, there's more to buying the right insurance than just considering the cost of it. You also should give some thought to the actual details and features of the cover. It's no good taking out low cost car insurance only to find that you don't have adequate cover in the event of making a claim.

Another consideration is whether you would benefit from all the features in the policy. In some cases you could find there are features that you would not use yet still have to pay for. If this is the case, a particular policy might not be suitable and you could save money by choosing a different one. As an example, the policy might include European breakdown cover and if you do not travel outside of the UK then you could be paying for something you wouldn't need.

One of the features to check when considering low cost car insurance is the amount of excess the provider asks you to pay. The excess is the sum of money you would have to find out of your own pocket towards any claim. All insurance providers state a minimum (or standard) excess but you can offer to pay more (which is called a voluntary excess) and should enjoy discounted premiums as a result. One point to remember though is that you would have to find this excess amount if you were to make a claim - so do make sure you can afford it.

The type of cover you need for your pride and joy will also determine how much you pay for your car insurance. While a new car would probably require fully comprehensive insurance, third party, fire and theft cover is cheaper and could be adequate for an older, second hand car. If you want to keep insurance costs to a minimum then third party only insurance offers the bare bones of cover for the third party only and nothing for you.

Finally, the more secure your car, the better your chances of getting low cost car insurance. Some insurers will reward motorists who increase the security of their vehicle with lower premiums. While initially you will have some financial outlay in buying security devices, they could pay for themselves in the long run. For instance, you could fit a car alarm, tracking device, immobiliser or steering lock. If you can park your car in a locked garage rather than leaving it on the street then this may also be seen as less of a risk to the insurer and they may offer you a discount on the cost.

Liz Willder is from, the insurance comparison site where you can compare car insurance policy features and prices.

Sunday, May 3, 2009

What is SR 22 Car Insurance in Georgia?

What is SR 22 Car Insurance in Georgia?

SR 22 car insurance is a financial responsibility and high-risk car insurance. It is a guarantee that the operator of the motor vehicle has the capacity for at least the minimum insurance coverage.

In Georgia specifically, the police officer will require an SR 22 from the driver following a vehicular accident most especially if the cause is something very high-risk such as a DUI or driving under the influence case.

In the State of Georgia, it is illegal to operate a motor vehicle without a minimum mandatory insurance coverage. And when the driver has been in a DUI, and the police officer discovers that there is no SR 22 car coverage, further penalties will apply.

SR 22 car insurance has two kinds of policies-

1. For the owner
2. For the non-owner or simply the operator of the motor vehicle, not necessarily the owner
The car insurer files the SR 22 and a copy is electronically delivered to the Georgia Department of Motor Vehicles.

It is very, very important that the owner and the operator of the automobile does not let the SR 22 car insurance time tables lapsed.

In the worst possible light, when the driver is caught in a DUI and that the SR 22 is found out to be expired, the police office may cancel the operating privileges for the said vehicle.

SR 22 car insurance is especially issued to high-risk candidates.

High-risk candidates are basically those drivers who have a tendency for reckless driving (which is highly leading to a DUI case). Now when the driving license is suspended, the operator can get it back by filing for SR 22 car insurance or renewing it if it was filed already before.

Again, it is very, very important to have an up-to-date SR 22 car insurance proof. This will save the operator both time and money.

Georgia has very strict car insurance laws. Different states have different policies pertaining to liability coverage. And if one is found to be in a new state and is expected to drive a motor vehicle there, it is the driver's responsibility to immediately know firsthand the liability coverage laws in that area.

Faced with a DUI conviction and rising insurance bills? Visit Georgia SR-22 Insurance and find out how you can keep your insurance rates from going sky-high. DUI car insurance is expensive, but you can save on DUI car insurance if you know the secrets.

Saturday, May 2, 2009

Cutting the Cost of Your Car Insurance (Part 1)

Cutting the Cost of Your Car Insurance (Part 1)

For many drivers, car ownership is one of the most important aspects of their lives. We use them to travel to and from work, to see friends and family and for days out - be it at the theme park or the race track.

However, the costs associated with car ownership have risen in recent times - everything from replacement parts (and the labour involved) to the fuel we use to power or vehicles.

Indeed, even our car insurance policies have seen an increase in price, to add to the cost of running and maintaining a vehicle. But there are a few small steps you can take to try and bring down the cost of running your car:

  • Drive carefully: by cutting out little habits such as revving the engine whilst at traffic lights, having the air conditioning on full and driving at speed over short distances can help to save fuel, thus allowing you to go that little bit further on long journeys. Driving carefully can also help to secure a better insurance deal, as you can benefit from no claims discounts.
  • Speaking of long journeys, try to plan your journey before you set off. Make use of the internet for route planning and locating petrol stations along the way can help prepare you for the road ahead. Work out where you can stop for petrol along the way, and rest regularly to beat fatigue - particularly if you're driving at night.
  • Be sure to keep your vehicle properly maintained. Ensure the tyres are properly inflated, as this could affect fuel consumption if incorrect. Remove unnecessary accessories - such as roof racks and surplus clutter in the boot - in order to reduce weight, this can help reduce drag and help you save fuel.
  • As well as the larger accessories, you should also check the little details - such as lights and windscreen wipers - before you put your car in for it's MOT in order to give the vehicle a better chance of a successful pass.
  • Consider what type of car you drive, and whether switching to a smaller vehicle would be more economical for you. Calculate the distance you drive over a period of time and look into whether replacing your current vehicle with a smaller model would help to cut the costs. With the development of hybrid vehicles, it could soon be possible to recharge our vehicles as well as using fuel to power them.
  • When it comes to insuring your vehicle, compare car insurance to help you find the best deal. Use a range of resources in order to find the best price and try contacting car insurance companies directly in order to try and negotiate a better deal.

Looking to save money on your car insurance?

Compare car insurance quotes online as well as contacting insurance companies to help with your quest for cheaper cover.

Friday, May 1, 2009

Auto Insurance Rates Comparison For Cars - Who Has the Best Auto Insurance Rates?

Auto Insurance Rates Comparison For Cars - Who Has the Best Auto Insurance Rates?

When doing an auto insurance rates comparison for cars how do you figure out who has the best auto insurance rates? There are a few techniques you can use to make sure you don't get ripped off. I'm going to give you some hints to make sure you find best rate, and share with you pitfalls to stay away from while you do your shopping.

Let's make this very clear, do not start calling around town when you begin your search for the best auto insurance rates. This is the equivalent of walking on to a used car lot and telling the salesman that you're in market for a car, but not sure how much you want to spend or what car you want to buy. Insurance agents are sharp. If they detect that you're not really sure what you're buying, they are going to take advantage of the situation in a big way. More than likely you'll end up with more coverage than you want or need. You also could end up with the wrong type of coverage. Remember, you can pick each and every item that you pay for and a lot of what they are selling, won't really benefit you if you do end up in a crash.

So where should you begin? The best idea is to start online. So by searching for "auto insurance rates comparison" you had the right idea. But the problem is that there are so many companies that are offering their services on the internet, it's hard to know where to begin. First and foremost, you want to stay away from any actual company that allows you to browse their rates, at least at first. Most of these rates are going to be higher. So that means finding a third party who offers rates from various companies. By browsing this way, you are narrowing down the competition, but you're also searching a still broad market, meaning plenty of supply for the demand, keeping your rates low.

Take the time to browse a few sites. When you find a site with the lowest rate, then start looking at the exact coverage you need. It's a good idea to know what you state requires for the minimum and buy slightly above that. This gives you an insurance cushion, should the need arise.

My favorite site when it comes to insurance rates can found by clicking here Every time I've had to change insurers they've been able to provide me with the absolute best rates. If you're just starting to look, I recommend using them as a starting reference point. Click here, and enter your zip code to get started.

Thursday, April 30, 2009

Cheap Auto Insurance For Those Under 25

Cheap Auto Insurance For Those Under 25

Certain age groups get cheap auto insurance very easily. A few age groups, on the other hand, are considered high risks. The importance of knowing the perception insurance companies have of your age group cannot be overemphasized. Moreover, unless you've read widely in car insurance, you could be missing discounts that are available to you. I must also note that you can either make saving because of, or in spite of, the age bracket you belong to.

If you belong to a low risk age group, you're at an advantage. On the other hand, if you are above fifty, you're part of a very low risk group. This entitles you to some concessions. But bear in mind that you'll not be entitled to such concessions if your driving record is a poor one.

Is there anything those who find themselves in high risk age brackets can do? Simple -- Get married. This will increase your chances of getting cheap auto insurance.

It is an accepted fact that the under-25 years age bracket has the most reckless set of drivers for obvious reasons. The lower the age group the higher the likelihood of recklessness in driving. This is because as people move away from teen years to adulthood, they learn lessons in life that generally make them more careful. In addition, you can count on teenage boys to be wilder on the road than their female counterparts. Compared with the girls, boys within this age bracket will cost more to insure.

Your car insurance premium will be affected by these and other such factors. However, due to its sobering effect, marriage reduces the high risk associated with the under-25 age group.

Anyone who remains reckless after getting married is likely to remain reckless for life. The arrival of a child increases this sense of responsibility even more. Your driving is an area that benefits greatly from the change because you'll be compelled to be more careful because of your loved ones. This is why getting married makes it easier for you to get cheap auto insurance.

We all understand by now that the higher the age group you belong to (below 70) the lower your car insurance premium given a similar profile. Therefore, your car insurance premium can be lowered dramatically by being on your parents' car insurance policy.

To use this option your car has to be registered in your parents' name. Has that removed the attractiveness? Apart from this, any young person who wants to follow this route has to live with their parents. This makes it even less attractive. Independence comes at a cost -- Responsibilities.

Many factors determine if you can get cheap auto insurance. How your age affects you car insurance has been the subject of this article. However, you must note that its relevancy score will not be the same in every insurance company. There will, therefore, be a disparity in the quotes you get from different insurance companies. It is not unusual to have difference of $1000 for a comparable profile and coverage. This is why getting and comparing quotes from different companies is key to getting cheap auto insurance. Go get and compare auto insurance quotes now.

Here are my favorite car insurance quotes sites...

Hometown Auto Insurance Quotes in Minutes

Auto Insurance Quotes

Chimezirim Odimba writes for Car Insurance.

Wednesday, April 29, 2009

Find a Cheap Car Insurance Company

Find a Cheap Car Insurance Company

Why would you want to continue to pay high premiums for your car insurance when thousands of individuals are finding better car insurance rates online. What you really want is a cheap car insurance company that offers uncompromising coverage at good affordable rates. You want to save money and you want it to be significant money. Most people find that they can actually save hundreds of dollars a year by using an online car insurance company. They also find they do not have to compromise their coverage. In fact some individuals can increase coverages and still find a cheaper rate for their car insurance. In tough economic times you want to be able to save any place you can and help to keep the personal budget in check. This is exactly what you will find with buying car insurance online.

Now is the perfect time to investigate a cheap car insurance company by using an online site and to some comparison shopping. You will find it quick and easy to compare rates and coverages. All you have to do is find a site and plug in your personal information. Within minutes you will receive several different quotes from several different car insurance companies. This is the perfect way to investigate and research your present coverage to those from other companies. If you are like most other people you will discover that you can save significant money by using the Internet to shop for car insurance. You can do all of this from the comfort of home and will never have to search through the phone book for insurance agents and make several calls that take and waste a lot of time.

In most cases you will be able to find all the big name insurance companies offer car insurance through the Internet. You do not have to worry about compromising your coverage or your service. These companies offer the best best service that you can find and will be glad to talk with directly if you have any questions about car insurance. You will find great value in dealing with a cheap car insurance company through the Internet and you will find their service and knowledge will meet and exceed your standards of excellence.

Finding This would be a great opportunity to do some research as a well informed consumer and review your car insurance policy. Then go online and check out the rates from other companies. Join the thousands of people who are using a cheap car insurance company and switching over to a new company and saving significant money.

Get More Information to help you in your quest to find a cheap car insurance company.

There are many companies online and I have found that This Site offers the best rates

Tuesday, April 28, 2009

What Type of Car Insurance Should You Choose?

What Type of Car Insurance Should You Choose?

It is a legal requirement in the UK that before setting out on public roads a driver and their vehicle must be insured. The absolute minimum level of cover required is third party, although there are other types of cover available and your personal circumstances will determine which one is best value for you.

For example, a young driver who owns a relatively inexpensive car may opt for affordable cover such as third party, whereas an affluent older driver with a prestige vehicle is more likely to opt for fully comprehensive cover.

Third party car insurance is usually the cheapest car insurance and typically will cover any other person involved in an accident, including passengers in the insured vehicle but not the insured person; and damage to other property, including to other vehicles, but not to the insured vehicle

However, if you own an expensive car and choose third party cover it could prove costly if you are involved in an accident for which you are deemed to be responsible. In such circumstances the cost of repairs to your vehicle will be borne entirely by you. Conversely, if your vehicle is damaged in an accident and someone else is found to be culpable then you will be able to claim the cost of repair from their insurers.

So, although third party insurance is far cheaper there is also a lot more risk involved for the insured driver. However, young people - especially those that have just passed their driving test - face steep car insurance premiums due to their age and relative inexperience behind the wheel. As such, third party insurance is a more affordable option especially if their car is not particularly valuable.

Another form of cheap car insurance - but one which offers slightly more cover - is third party, fire and theft. This works in exactly the same way as third party insurance except that if your vehicle is stolen or damaged in a fire, the cost of replacement or repair will also be included in the cover.

The type of car insurance that offers the most cover is known as fully comprehensive. Under such a policy everything that is provided under third party, fire and theft is included plus there is also a great deal more cover. Typically, comprehensive policies cover accidental damage to the insured person's vehicle, regardless of who is at fault and a host of other benefits that will vary according to the insurer offering the cover.

Indeed, because so much cover is offered with a fully comprehensive car insurance policy it is therefore the most expensive. Most people who own a brand new or nearly new vehicle will usually opt for comprehensive cover to insure their valuable asset; and many often believe that the extra premium cost is justified.

So, when it comes to deciding whether to opt for cheap car insurance or one that is more expensive, often it will be entirely personal choice. However, just remember that you must purchase it before driving on public roads.

Andrew Regan writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.

Monday, April 27, 2009

Bonus For New Drivers - Auto Insurance

Bonus For New Drivers - Auto Insurance

It is difficult for new drivers of 17 - 24 to get cheap insurance quotes. Research has shown that this age range pays more than a thousand dollars ($1000+) annually for car insurance. They make up about ten percent of license holders but they are responsible for about 25 percent of all collisions in a year. This is why many insurance companies shy away from providing car coverage for new drivers.

No doubt about the fact that new drivers find it difficult to get cheap auto insurance cover policies for their vehicles. If you are a new driver and you are in need for the best and ideal cheap auto cover program that is easy on your budget, visit trusted online providers websites and get quotes free. Study the quotes and then check for the availability of your specific car insurance need and the bonuses attached to it.

Knowing what you pay for is very important, so take your time to analyze the free quotes you got; also make sure you understand the vehicle insurance company's term and conditions for getting discounts and benefits.

If the car you drive is less than $500 in value then you should consider taking a third party only insurance cover. This type of car insurance coverage is not all covering but it is pointless taking a comprehensive coverage for such a cheap car. You can also go for a more conventional car with a small engine; avoid high performance vehicles like sport cars, install security devices like alarms and immobilizers in your car.

Do not fail to take all the necessary driving test, show your car insurance company proof of successful test completion with good grades. This will make them consider you further for lower rates.

Where To Get Best Car Insurance Service Online?


Free Quotes From Leading Auto Insurance Companies. Service Available In All States In The United States! By Iyke Phelim. Quality Service Providers. Loans. Insurance.

Sunday, April 26, 2009

Car Insurance No Claims Bonus Explained

Car Insurance No Claims Bonus Explained

No Claims Bonus is a term used to describe the number of years you have had Car Insurance without making a claim. Put simply, if you have had Car Insurance for 4 years and you have not made a claim in that time, then you have 4 years No Claims Bonus. No Claim Bonus is probably the single biggest factor affecting the cost of your Car Insurance premium. Every year that goes by without you making a claim is another year of No Claims Bonus.

Generally speaking, the more No Claims Bonus years you have, the cheaper your premium will be for the car you need to insure. This is because Car Insurance companies can see that your history regarding making any accident claim is a good one.

When changing provider, Car Insurance companies will usually ask you to prove your No Claims Bonus in the form of a renewal notice or a letter from your current Car Insurance company. If you have several years of No Claims Bonus but then make a claim, the Car Insurance company will usually apply it's rules of how much to knock back your No Claims Bonus Years. Some companies such as Accept Direct offer to protect your No Claims Bonus for an extra fee during the quotation process. Having full no claims bonus can also entitle you up to 75% discount on your car insurance premium.

Copyright (c) 2004 Accept Direct Limited car insurance

About The Author

Andrew Bowen is the CEO Accept Direct offer car insurance to UK customers through their website

Saturday, April 25, 2009

AAA Mexican Auto Insurance - Single Limits or Split Limits?

AAA Mexican Auto Insurance - Single Limits or Split Limits?

Even among experienced insurance personnel I find confusion reigns on the definition and application of the two types of Liability Limits. I see agents warning buyers to Beware of Split Limits, as if we might need to wash our hands after purchase.

Combined Single Limits i.e. CSL Limits of $50,000 or $100,000 apply to either Bodily Injury OR Property Damage. In other words, the maximum the insurance company will pay for covered damages that have been deemed to have been caused by you, (your fault) is $50,000 or $100,000. The loss can be all Bodily Injury or all Property Damage or any combination of the two, but the maximum amount covered is $50,000 or $100,000 depending on the amount of coverage you decide to purchase.

Split Limits such as $100,000 bodily injury per person/$300,000 bodily injury per accident/$100,000 property damage means that the insurance company is obligated to pay up to $300,000 in bodily injury claims depending on how many persons are injured & the extent of their injuries AND up to $100,000 in property damage claims.

So insider fans, hypothetically, which would you rather have,

A. $50k CSL or B. Split Limits of $50k per person/$50k per accident/$50k Property Damage? My preference at the bottom

TIP: We recommend a minimum limit of $50,000 Property Damage in case you knock heads with someone else's brand new SUV.

My Preference: B because I would have $50K BI AND $50K PD, a maximum of $100,000 protecting against loss versus $50k to protect against all potential loss in example A.

If you are confused or unsure in any way about about how much exposure you are willing to assume, consult your personal financial or legal advisor. The information above is meant to be used for general educational purposes only.

Linden Gray owner of Mexican Insurance Store is an international insurance veteran with over 29 years of wholesale, retail, and direct insurance experience. Mr. Gray has been featured in numerous offline & online publications including RV Magazine, The Press Enterprise,, Google News, Yahoo News, Digg and Buzzle. Visit his website for more information about Mexican Car Insurance

Friday, April 24, 2009

Why Take Chances? Get Insurance!

Why Take Chances? Get Insurance!

Risk is a part of life. The probability of one thing happening or the other is natural in any given situation: it's only when something undesirable can happen do we called it 'risky'.

Naturally, we want to avoid risky things, and in some way or the other, help ourselves get out of an unpleasant situation. Insurance is what we can do to make risk more acceptable.

Unfortunately, too many things can go wrong the minute we step out of our doors, and fortunately there are as many types of insurance! Despite the variety of it out here, they all operate on the same principle i.e. you have to pay a certain amount called a 'premium' and thus become the 'insured'. The body or individual whom you are paying the premium takes the risk upon him and is the 'insurer'. He calculates the premium on the assessment of the risk e.g. if you're often sick you will have to pay a higher health insurance.

Rather than being so simple, it gets more complicated than that. The insurance policy has lots of fine print that can get you into trouble. For example, if you forgot to put on a seat belt your respective company might not give you anything if you crash your car. So, first lesson is: always check the fine print.

There are many types but the most common are motor, home, life, travel and health insurance. Now which one a person wants to choose is completely depends on him. In case of a business, the owner would like to have fire insurance while a family of five would give health policy more priority. Illness and accidents would be covered by health and travel insurance protects from losses incurred while traveling such as theft of personal baggage and delays. A pet can also be insured for loss or death.

One may insure a house from accidental damage but you will have to pay extra for loss due to earthquakes or 'acts of God and War'. Cheap car insurances are quite common especially in the United States due to economies of scale, where you can even just insure your car with 'Weekend car Insurance! Despite its benefits, it can be expensive and can be quite high in some cases. Insurance cost depends on a number of factors. The cost can be alleviate if some precautions are taken, for example, life insurance should be purchased when one is relatively young, while car insurance should be obtained when you buy your car initially. In other words, insurance companies will always charge higher premiums if they see that the associated risk is high. When you buy your insurance when the risk is relatively less, you can get away with long term cheap premiums, or simply put, you have to outwit your insurer.

Getting insurance can result in saving one from extensive loss and help one recover from a situation which money might not be able to solve but helps a person or a family get back on their feet.

If you want to get Weekend car Insurance then you must go for cheap car insurance.

Thursday, April 23, 2009

I Was In An Accident, Will My Car Insurance Rates Go Up?

I Was In An Accident, Will My Car Insurance Rates Go Up?

You were on the phone, got distracted and before you knew it traffic had stopped, giving you no room to stop and you rear end the girl in front of you. Or, let's say you're driving along and a deer jumps out and rams into the side of your door.

Now, let's say you need to file and claim and get your car fixed. But, are your rates going to go up?

In the first case, more than likely they will depending on how much your insurance company pays out to fix both cars and medical bills if anyone was injured.

But, in the second example, since this will be a comprehensive claim your rates should not see an increase at your renewal. Unless you have a long history of hitting deer then the people from PETA will be out to get you. Or if you file a lot of small glass damage claims then your rates could be affected or you may have to pay a higher deductible for comprehensive in which case small glass damage will be less than your deductible and you will pay out of pocket.

Part 2: How long does an accident stay on my record?

Ok, so back to the example where you rear ended someone. We have already established that you are going to see your insurance rates go up. Now, we need to find out how long and how much will they go up.

State insurance boards usually allow insurance companies to charge for a accident for 3 years from the day they started charging for it. Not from the time you got into the accident. You got in the accident in December and your policy runs from October to April. Your rates won't be affected until April of the next year and the surcharge will drop off 3 years from that April.

How much will your rates go up? Are they trying to get back the money they paid out for my claim? You can usually expect a rate increase of between 20-40% on average per six months. They could go up even more if you lose some discounts you were getting, such as a claim free discount.

The increase is not a recoupment of the monies paid out by your insurance company. It is designed to charge you a premium based on the risk, or chance, that you will get into another accident in the next 3 years. You are a higher risk to the insurance company and they are able to charge you for the higher risk you present to them.

If it was based on how much the insurance company paid out then you wouldn't be able to afford it if you totaled out your 2004 Nissan Maxima at $25,000 and you had to pay that back within the 3 year surcharge period. Makes sense? Good, now get off the cell phone!

A. Chris Tijerina has over 3 years of experience in the auto insurance industry and has seen many different people deal with auto insurance related problems. answers many of the questions facing drivers today.

Wednesday, April 22, 2009

Insurance - Auto Ratings and Your Car-Buying Decision

Insurance - Auto Ratings and Your Car-Buying Decision

Here's a fact you may not even be aware of: the make and model of your car affects your insurance premiums.

When it comes to insurance, auto ratings matter. Ratings from major auto insurance providers in the US say the Ford 500 and the Ford Taurus 2008 say these are the among the best Fords to hit the road in terms of insurance costs. For insurance costs applied to bodily harm and damage to property, both Fords rank at the top and are charged significantly lower than what the standard premium rates call for. These cars also get discounts for ranking high in rating for damage and theft. The Dodge Avenger and Neon however, are at the bottom rung; driving either won't get you any vehicle safety discount (VSD) and your insurance costs will be significantly higher than what the standard premium rates are.

Before deciding to buy a car, know how your choices rank in the auto ratings provided by your insurance company. Consider rankings and ratings by other providers as well. Knowing your potential costs in car insurance is an important factor in making a sound economic decision. This decision has a direct effect on how much you'll have in monthly budget left for other needs. Consider which car makes and models save you the most money from car insurance. Auto ratings are excellent tools to help you narrow your choices down.

If you're not planning a purchase but are finding it hard to meet payments for your car insurance, auto ratings helps you deal with that problem. You can sell your current car or switch to a more cost-effective make and model.

JP Wilben is an auto insurance expert and the director of popular website BestCheapAutoInsurance.Com. Check out the site for more info on insurance auto ratings or better yet, get a quote today!