Changing Your Auto Insurance Deductible to Save Money
Posted on February 16th, 2011
Making simple changes to your auto insurance deductible can save money. With today’s poor economy, nearly everyone is looking for ways to spend less. There are risks involved though, so policy owners should be wary of making changes that will not be beneficial in the event of an accident. Talk to an insurance representative before making any changes to determine what changes will be best for you.
What is an Auto Insurance Deductible?
Before raising an auto insurance deductible, it is important to understand what it means. An auto insurance deductible is the out-of-pocket expense that a vehicle owner will be liable for if they get in an accident. The lower the deductible is the higher the premium will be. Deductibles usually range from $0 to $2500. If you
Tags: Auto Insurance, Auto Insurance Deductible, Insurance Deductible, Money
No Comments »
Infinity Auto Insurance Sees Change in Wisconsin
Posted on February 15th, 2011
Share
Drivers in Wisconsin may start paying even less for their car insurance premiums, even though studies have shown that they already pay the fourth least in United States. According to “Car Insurance levels could drop in Wisconsin” by Cameron Clark of Fox11 WLUK-TV, a bill was passed by the state Senate on Tuesday. Back in 2009, a bill was enacted requiring Wisconsin drivers to increase their insurance coverage from companies like Infinity auto insurance. The Senate was led by Democrats who backed this increase in liability coverage, but now that Republicans are in charge they are looking to repeal that bill.
Wisconsin residents currently have to carry $50,000 per person and $100,000 per accident in liability coverage. From 1982 to 2010, they were required to carry $25,000 per person and $50,000 per accident and those are the levels that the repeal would return requirements to. Finding cheap car insurance should now be easier for those residents who are struggling financially, but still want to meet the minimum car insurance requirements set by the law. Most drivers would save money on their premiums if this law is repealed.
A State Farm Insurance rep confirmed that most people asking for a State Farm auto quote saw a rate increase because of this increased liability coverage. She says that drivers will have more options for their car insurance and lower premiums overall if the bill is repealed. Supporters of the higher liability coverage worry that drivers may lose out in the case of an accident. They think that these lower amounts of liability coverage will not pay for all of the damage or medical costs associated with an accident in many cases. The vote heads to the State Assembly later on this month.
Tags: Wisconsin
No Comments »
Static Caravan Insurances Online
Posted on February 14th, 2011
Owning a static caravan can be a wonderful experience. If you choose your location wisely then you’ve got a fantastic holiday home in your ideal setting, free for you to enjoy whenever you wish. But, one important consideration will always be investing in static caravan insurances, and if you do you can be prepared for anything that could happen.
Insurance for static caravans is often markedly different to that for their touring counterparts for the simple reason that these caravans stay in one place, making geological threats more pressing. Such insurance will normally cover you against risks such as fire, flood, falling trees and anything else that could befall it, and because it has to withstand the elements during the winter months it makes sense to be protected.
It isn’t like a touring caravan that you can store away when it isn’t in use – it’s up against the wind and weather at all times of the year, making comprehensive insurance policies essential. In this s
Tags: Caravan, Static Caravan
No Comments »
Top Car Insurance Companies Reward You
Posted on February 2nd, 2011
Share
Good behavior is rewarded by top car insurance companies, according to a recent article by Motley Fool writer Selena Maranjian. In “5 Car Insurance Surprises,” some benefits and downsides that you may not be aware of are highlighted. Some insurance companies offer accident forgiveness for your first at-fault accident. While you may have to be with the company for a few years before you qualify, there are insurers who offer this type of plan right away.
Having a good driving record free of accidents and violations means you will pay less for car insurance than someone without a clean record. State Farm car insurance quotes may also give you a better rate if you have a high credit score. You can purchase breakdown insurance which will cover repairs to your car that are not included in any warranty you may carry. This does cost a good chunk of money though and isn’t available for cars that are too old.
More expensive cars typically cost more to insure, but rates can actually vary significantly from company to company based on your make and model. That is why it is so important to shop around and get numerous quotes from companies like Mercury insurance. As long as you were not at fault in an accident, fourteen states have the option of diminished value insurance coverage. This will compensate you for any difference between what was covered in damage to your car and what value you may have lost.
Gap insurance is available to cover any difference between what your insurer pays you for the value of your totaled car and what you actually owe on the car. It is possible that without this coverage, you would have to pay the difference out of pocket between your loan or lease amount and the money covered by insurance. That is in addition to buying another car. Shop around online for car insurance because Consumer Reports says that 14% of you could pay less with another insurer.
Tags: Car Insurance, Car Insurance Companies, Insurance Companies, Reward
No Comments »
Top Car Insurance Companies Pay Crash Tax
Posted on January 31st, 2011
When emergency responders come to a car accident scene to clean up the mess, they often tax the person who caused the accident. According to “Ethics of Calif. Au
Tags: Crash Tax, Tax
No Comments »
Kiplinger Highlights Best Car Values in 2011 Car Buying Guide
Posted on January 31st, 2011
It appears that the derailed auto industry is back on track following a long period of reorganizing, redesigning and rebuilding. So says Kiplinger’s Personal Finance, which today revealed the best car values in its new 2011 Car Buying Guide.
The publication named winners in 11 categories, ranked by price, performance, safety, roominess and driving impressions. Top picks this year in the car and SUV categories include some smaller, more fuel-efficient models, many of which retail at attractive, affordable prices.
Hyundai took the prize for best new car in both the under $20,000 and the $20,000 to $25,000 categories with its Elantra and Sonata, respectively. Th
Tags: Best, Best Car
No Comments »