Category Archives: auto insurance

Insurance for Convicted Drivers

You know the importance of car insurance. However, it may be expensive for you to get car insurance if you are convicted of a criminal offense. Moreover, the cost will be higher if you committed an offensive related to driving in the past. In this case, we suggest that you consider insurance for convicted drivers. Let’s know more.

Convicted drivers and car insurance

For convicts, it’s hard to get car insurance. The reason is that insurance companies think that convicted drivers are a financial risk because these drivers are more likely to have an accident down the road. So, the chances of convicted drivers making a claim are higher.

There are some specialized insurance companies that offer insurance for drivers who were convicted of a criminal offence in the past. Many of them offer insurance to those who committed other violations, such as burglary. Some insurers provide coverage for those who break motoring laws as well. We suggest that you look for an insurance company that meets your financial needs.

Types of insurance for convicted drivers

If you need a basic insurance, we suggest that you take into account the third party insurance. However, you need to keep in mind that this insurance covers damages caused to the property of other people. And the damages may have an effect on the car or property. Moreover, the third party insurance won’t include damages to the vehicle or convicted driver.

Another type of insurance is Third Party, Fire and Theft. It provides protection with the convicted drivers in case of claims made by another driver or party. This will give you protection even if your car is destroyed or stolen.

The third type of insurance policy is known as comprehensive cover. This includes both of the types of insurance described above. Keep in mind that the policy will provide coverage for the cost of the car of a convicted driver if the car faces an accident because of the fault of the driver.

Reduction in premium costs

Once you have got the insurance policy, you may want to keep the insurance premiums low. You can do this in many ways. For instance, you can raise your excess which is the part of the insurance claim that will be paid by you. Make sure you don’t increase the excess too much or you won’t be able to bear the cost.

Another way of reducing the cost of the insurance is to drive less. Since the cost of premiums is based on the mileage of your car, you can keep the cost down by reducing the mileage.

The third way of reducing the cost is by keeping your vehicle safe and secured. For instance, you can keep your car in a garage. You can also consider an approved alarm if you can afford it. Aside from this, you can consider a black box policy to cut down on the insurance premiums. All you have to do is get a black box installed on your car.

Long story short, if you are a convict, we suggest that you consider a convicted car insurance policy.

Comparing Car Insurance Policies Is Necessary and Smart

In this century, where every other insurance company will be hovering over to indirectly convince that they are the best, what you need to do is shop around and compare. It should be the only task on which you will have your complete focus if you care about the kind of leap you will be taking according to your economic standards. You have to make sure that your money and time and trust in not built on a wrong foundation. If it is, then there are chances that your reliability might falter and crumble down in your crucial situations, just because you didn’t take the trouble to look for the best policy plan and selected the first one that you laid eyes on.

Factors responsible for comparing the car insurance policies:

  • Different insurance companies have different comprehensive structures on their price list, premium rates, base rates and several other components. It is a mandatory need to go through the various plans offered by companies so that your ultimate quote is exactly according to the terms that you were looking for. Get to know the generic market rate and that rate might not only depend upon the price and model of your car. So, after comparing you can select the insurance company which will accommodate your needs in both quality and cost benefit in terms of that quality.
  • If you compare the policies, you have the upper hand in terms of gaining maximum by paying the minimum. There are certain choices that you have to make while consideration of IDV and voluntary deductible that is, the excess that the insured has to pay over the period of the claim. An online differentiation of the corresponding rates might help you get over the benefit of the doubt and set the cost range according to your requirement and the amount you are ready to invest.
  • Additional set of covers for your car which is your primary asset is mostly decided after you have weighed and balanced your requirements and the price you must pay to acquire those requirements. Hope to find the best fit after going through various add-on cover policies of different companies.
  • It has now become a tradition to give various offers on car insurance to just engage and increase the number of people getting insured from their company. Parallel correlation of all the features that come with the discount and the other offers need to be understood so that you eventually don’t end up missing a good deal.
  • Checking and re-checking the reviews of reputed resources is must. It is the final and yet the most important factor because it is only after reading a good review that you will decide to look over that company’s plan available in the industry. In case the reviews aren’t satisfying that human need for complacency, then you might not be interested in going through the compensation policy since you definitely won’t want to settle for less when it comes to your long term security.

Car Insurance – Cushion Huge Expenses and a Legal Protection

A car has become a basic need of families now-a-days. You can see many small, big, different models and companies cars rushed on the road around all the cities. We all know that a good car comes under a luxury item and no one wants to spend money on this on daily basis. Could you afford to buy a new car because one you had damaged or stolen? Yes answer is most of the people can’t. So there is a solution to protect your favorite and needed car- the car insurance.

What is car insurance?

It is a type of a contract between the car owner and insurance company. In this contract car owner pays the premium and the insurance company pays the losses or theft of car. A car is often a high expense and you want to insulate it. So insure your car and feel safe to roam around!

It repairs all types of damages

The aim of such insurance is to serve the victim. It pays to repair all types of damages such as weather damage, flood damage, fire damage and animal smashups. If your car is wrecked due to any mention damage in insurance papers, company will provide you amount for the relevant damage.

Clinches the peace of mind

Same as its spelling “insurance”- it insures peace of mind to deal with daunted bearings that completely hooked with budgeting. Unforeseen situations can happen anywhere with anyone but this type of investment keep your mind peaceful in such situations. It brings immediate relief from stress and survives in such incidents.

Bear thefts- roaming and parking is comfort

Could you purchase a new car because the one you had is pilfered? It’s difficult to bear a loss of theft of your favorite or luxury car. But you may feel recline from the fear of theft if you have insured your car. The company from where you have purchased insurance compensates you the value of car that was stolen.

Easy to excess

Car insurance is an easy and fast process to protect your car. You can purchase or renewed insurance online that is an easy and fast process. It is accessible by anyone as per the time and convenience.

Premiums and claims

Premiums and claims may different according to company’s policy. It totally depends on which type of policy you want to buy. But it is easy to pay premium because companies will provide you online facility to access all information. If you do not claim during the policy period No claim Bonus will offers you renewable policy in certain terms and conditions.

Car insurance contributes to legal, mental and financial peace which makes driving, buying or owning a car easy. It is a best way to boost broad coverage against debt you might face due to car theft or damage.

Understanding Why Auto Insurance Premiums Are Very Costly

These days, we’re all complaining about the high cost of living. It appears as if anyone who owns and operates an automobile is hit by a good dose of bills that require struggling with: the cost of purchasing the car, fuel costs, maintenance and repair costs – and the super BIG ONE – auto insurance premiums.

If you haven’t yet verbalized it, no doubt the glaring question is underscored in your mind: Why does car (read car, truck, motorcycle, RV and so on) insurance have to be so very, very expensive?!

The answer to anything related to insurance comes from the industry itself and this is no exception.

“Insurance rates differ from person to person and are based on a few factors,” says a noted specialist working in the Tri-State area and employed by an independent agency. “It all boils down to how much of a risk you as a driver may be.”

Eight Factors that May Affect Your Auto Insurance Bill

Some of the things that determine how much you pay for auto insurance are listed below.

• What Type of Vehicle you Drive
There is a clear difference between makes and models of cars in regard to safety. Moreover, higher-end cars attached to a bigger price tag are more attractive to car thieves and are more expensive to replace; they are also more expensive to fix after an accident.

• Your Address
If you live in a place that has a higher crime rate, your premium will reflect the risk of theft. If you locality has proportionately more auto accidents and submitted claims, it will have an effect on your premium as well.

• How You Use Your Car
If you use your car for the commute to and from the workplace or use it for business purposes, you’ll find that you will have a higher premium than those that drive just to go to the grocer or for leisure trips.

• If You Are a Good Driver
If you never have gotten a driving ticket or never been an accident, you will have a lower insurance rate than those who have a less pristine driving record.

• Your Claims Record
If you have previously filed insurance claims, especially if they have resulted in big payouts, your insurance premium will reflect that. But you may also find a rate increase if you have only filed claims in regard to accidents where you are not at fault.

• How Old You Are
Young drivers, especially boys in the teen years, are grouped together as riskier drivers because the statistics say they display poor driving habits and are involved in and cause many more serious accidents than older drivers. To a lesser degree, those sixty-five and older may find their insurance rates up due to age matters that contribute to poorer reflexes, eyesight issues and more.

• Marriage Status
Studies show that husbands and wives are not involved in as many collisions as those who are not married.

• How Your Credit Rates
Though this may not seem fair to some, insurance companies may class you as a driving risk due to your poor credit score.

Speaking to a knowledgeable specialist employed by an independent insurance agency will help you navigate through the web of insurance policies so that you are presented with the most tailored one at the most competitive price.

Are You Guilty When It Comes to Road Rage?

As per a national auto club, just about eighty percent of American drivers admit to angry driving tendencies at one time or other. It is particularly shocking to discover this from the report: nearly eight million vehicle operators say they demonstrated certain forms of road rage. This included ramming into another car on purpose and getting out of a vehicle to confront another driver in a menacing manner.

How would you rate yourself in regard to the above?

Go through the list below characterizing aggressive driving and check off any point that defines your own driving habits.

Does any of the following describe your actions while driving a vehicle?

• Have you tailgated another car or truck on purpose?
• Have you driven significantly over the legal speed limit?
• Have you run through a red or amber light?
• Have your Snaked in and out of cars and traffic?
• Have you raised your voice and screamed at another driver?
• Have you slammed on the horn and honked to show your anger at another motorist?
• Have you demonstrated your frustration and rage through hand gestures?
• Have you tried to prevent another driver from changing traffic lanes?
• Have you deliberately cut off another driver?

We all get angry at one point or another. This is because we are all human and humans by design are not perfect. Nonetheless, anger that is unchecked can be a very dangerous emotion, leading to actions that are later regretted.

Of course, when anger is evident in driving, the danger is so much greater. It can lead to hostile actions that intimidate, bully or incite others on the road and result in physical losses and damages as well as injury and the tragic loss of life. For the aggressive driver that thinks auto insurance may bail him out of liability, in general this is far from the truth.

In fact, the insurance providers do not take any responsibility for motorists that deliberately use dangerous or illegal modes of driving.

As one insurance professional so aptly put it, “Don’t expect your auto insurance cover to come to your defense if you drive aggressively. Driving in rage will not only put your at risk, it places anyone else on the road in danger. If you drive in an irresponsible manner, you will be up against all the criminal and fiscal penalties on your own.”

The same auto club that conducted the afore-mentioned study concludes with some sage advice.

1. Don’t ever provoke another motorist to retaliate by compelling him to change speeds or directions.

2. Be tolerant of other drivers’ and don’t allow yourself to get angered by another driver’s actions.

3. If another driver displays anger on the road, do not respond by making eye contact or gestures. Try to stay at a safe distance and if you feel your safety may be compromised, contact police.

Why Comparing Car Insurance Is Important

Comparing car insurance policies online while buying a new policy or renewing an existing one is an absolute must task. If you care about your car and money which we are sure you do, then you should definitely do your homework before buying your car insurance. With the presence of multiple insurance providers, buying car insurance may be more confusing than convenient for you. The easiest way to get the best deal for your car insurance is by comparing it. You should compare car insurance due to the following factors:

Save on Premium Rates

Every insurance company has a different pricing policy and different base plans because of which your final insurance quote will look different from different insurers. This not only depends on the name, age and model of your car, but also on the various components of the insurance policy, the base rate and pricing structure of the company. Thus, you ought to compare car insurance from different insurance companies to get an idea of the industry rates. This will allow you to pick up the insurer who is offering you the best premium policy at the lowest price.

Power of Choice

Online comparison empowers you to vary some of your key inputs and calculate the premium cost almost instantly. These key inputs, in the case of car insurance, are Insured Declared Value and voluntary deductibles. Both these factors have a significant impact on your car insurance premium. Higher the IDV and lower the voluntary deductible, higher will be your premium amount. Thus, you can weigh the two and set them as per your needs and requirements. An online comparison allows you to customize each one of them and see their individual effect.

Add-On Covers

Car Insurance add-on covers are very powerful and can help you get the best policy at a reasonable price. In case you do not know which cover is the best for your car, you can compare it on online aggregator’s website and get a detailed idea about each one of them. Not all companies offer the same set of add-ons; hence you can compare it for multiple companies and select the one that best matches your requirements.

Discounts and Other Offers

Most of the companies give attractive discounts on car insurance in view of attracting new customers and beat the competition. You can easily get an idea of the discount offered by each company and their terms and conditions therein. When you compare the car insurance, you will come to know which policy gives you the maximum discount for your car. Everybody loves the discount, but it is important that you do not miss on the key features of the policy in lieu of a discount.

Check the Reviews

Most of the comparison tools give a comprehensive comparison of the policy from different vendors. This also includes comparing the star rating of the company, their feedback from the clients and the reviews by the customers. These reviews and ratings often play an important role in influencing your decision. Thus, it is worthwhile that you go through these ratings in details and get a clear idea about the insurance company and the plans available to them.

No Claim Bonus (NCB)

In case of renewing your car insurance, NCB can play a key role in determining the final premium amount of your car. NCB is the discount offered on your insurance for the next year in case you do not make any claim in the current year. Although the NCB percent is standard, you can still account for this factor while comparing your final premium costs from all the insurance companies.

It is true that buying a new car insurance policy or renewing an existing policy may sometimes look to be a challenging task. But with several online aggregator websites and comparison tools available, you can get a clear picture about all the policies in one go. You can not only compare the same policy from different vendors, but may also compare different policies offered by a single vendor. Thus a detailed comparison will give you a clear idea of all the policies available and help you select the best one for your car.

Life Without Car Insurance Can Be A Nightmare

When going out for a drive, Car owners should take great care not just about their life but also of their car. But sadly not every car owner is cautious while driving which leads to road accidents and ultimately them ending-up paying unexpected expenses.

If you’re a car owner without car insurance you should consider buying one, as owning a car without an insurance policy can be a living nightmare full of bills that need paying.

1.) medical bills-

A car accident can lead to injuries which ultimately land you in a hospital where you spend time in recovering and paying your medical bills.

2.) medical bills of the people injured-

If the people around the incident were injured as well, you would also have to pay their medical bills.

3.) Repair costs of the property damaged-

Say for instance your car collided with the entrance of someone’s front gate. You end up paying for their damaged gate as well.

4.) Repair costs of the car-

And let’s not forget about the repair costs of your damaged vehicle.

5.) Totalled car

Say for instance you were driving a car that you just bought with an EMI plan. It’s the third month and your car is completely totalled because of an accident.

In other words, you lose your perfectly new car and would still have to pay the EMI amount every month.

You’ll be surprised to know that at times mishap to your car can also happen because of external factors like –

1.) Vandalism

Scratches, dents, broken glass, graffiti, glue in keyholes, and slashed tires are some of the most common types of vandalism faced in inner cities.

2.) Theft of car parts

Thieves find this to be an effective way of making easy money, as stealing car parts don’t require much skill and can be accomplished in minutes.

3.) Stolen cars

Every year, police make some progress in recovering stolen cars however, the recovery rate is still not close to the total number of cars stolen.

4.) Riots

Riot is a time when parked cars face maximum damage in the form of loots and vandalism.

5.) Flooding

From forming rust to damaged electronic wiring, floods are a natural disaster that can ruin your brand new car.

Yes, owning a vehicle comes with a lot of unexpected expenses that you need paying, especially if you don’t have car insurance. Which is why it is crucial that every car owner goes for car insurance.

Why Do You Need to Have an Adequate Car Insurance Coverage?

Nowadays, when you buy a car, you must also carry adequate insurance. You may be wondering why do you have to cover the extra cost of the insurance. Actually, the premium is affordable and you can get discount when you buy it online. It is common for people to get into accident every once in a while. Therefore, it is best to always equip yourself with adequate insurance coverage just to be on the safe side.

Driving a car without car insurance is illegal. If you get caught, you may get a hefty fine. The premium of your car insurance policy must meet the minimum requirement of your state. Every state has different insurance requirements. Most of the states require you to have liability insurance. Some states like New York and Florida require drivers to have a personal injury protection.

Having an adequate car insurance can protect your finance in case you encounter an accident. If your car collide with someone else’s car and you are at fault, you will have to pay an expensive damage fees. The damage fees will cover the other party’s car’s damages along with the hospitalization or medical fees of the driver or passengers.

The damage fees often reach up to a few thousands dollars. You will be broke if you use the money from your savings to pay the damage fees. If you don’t pay for the damages, the other party may sue you in the court. If you have an insurance policy, you just have to file a claim and they will reimburse the damage fees.

You may want to consider getting a comprehensive/collision car insurance as it not only protect the damages of the other party’s car but also the damage you suffer as a result of the accident. Many people who drive on the highway don’t carry enough car insurance. For this reason, if someone collide with your car and run away, you will at least can claim the damage fees from your insurance company.

Comprehensive/collision coverage provides coverage when you accidentally hit an animal that is crossing the road. It covers damages on the broken windshield, hail damage, fire damage or collision that happen as a result of a storm. Your comprehensive insurance will also reimburse the compensation on a stolen vehicle that has gone missing for over 1 month.

It gives you coverage over any type of vandalism performed on your car, for example, someone uses a key to scrap the paint off your car. It offers coverage when your car is damaged due to high flooding water caused by a hurricane. It is your comprehensive coverage that will pay for the damages when your car is being smashed by a fallen tree.

The comprehensive coverage will protect your vehicle when it is parked in place. Your home insurance will not provide coverage when the garage collapse or other physical damages happen when it is parked.

When purchasing car insurance, you have to choose a deductible. The deductible is the amount that you have to pay upfront when you want to claim a compensation. Higher deductible reduce your annual premium cost but lower deductible can increase your annual premium cost.

Traffic Violations, Auto Insurance, and Your Rates

Auto Insurance is expensive enough. You do not need a traffic ticket to make your premiums go up even higher. That is why it is important to drive carefully, courteously and within the legal speed limits. This way, you will give no reason for a police officer to pull you over and hand you a summons in regard to irresponsible driving patterns.

You may wonder. The ticket itself involves a fine. Why would you be penalized any further by your insurance company?

To be honest, your insurance company is not interested in punishing you. They are solely out for their own interests. When they see you have been convicted for a moving violation, they view that as a peril to their operations. Traffic violations demonstrate to the insurance company that you are at more risk of being a part of a car accident or collision than someone that has a clean driving record. A car accident, in insurance terms, means there will likely be a claim that they will cost them money. The insurance company balances the risk of an auto accident claim with a raised premium or added charge.

Of course each company gauges its response to a poor driving record individually. By and large though, they have a team that looks at the general behavior you have exhibited when you are behind the driving wheel.

And when deciding the amount of the rate increase, the insurance company will consider the severity of the traffic violation.

So, if you are committed of drunk driving, you will find yourself up against an extremely strict reaction in regard to a rate increase. If you have merely been ticketed for a broken headlight, judgement meted out against you will be mild. And if you have been found to be speeding 15 miles above the city limits, you will get a higher increase than if you would have been speeding only five miles beyond the posted mileage.

People often ask about parking tickets. For the most part, the motorist who receives a parking ticket need only worry about paying that ticket. The insurance company will not raise your rates if they see that you are responsible about your bill and they do not view a parking summons as a concern in regard to your likelihood of being involved in a car crash.

The line of thought goes far beyond a car. Whether you drive a truck, van, motorcycle or other type of vehicle, your rates can go up if you have been convicted of a moving or speeding violation.

Should You File an Auto Claim After Any Accident?

Auto accidents unfortunately can occur anytime and anywhere. Obviously, this is reason why it is important to have the right kind of protective car insurance. But sometimes, filing an auto claim is not the best thing to do.

Here’s an example.

A woman drove through an intersection at prime time. Suddenly, she saw a car approaching. It barely made a scratch to her automobile. Nonetheless, it made the otherwise perfect exterior less than perfect.

Naturally, she wanted compensation. The other driver wanted to discuss how he could pay out of the pocket and avoid an auto insurance claim. Being that it involved minor damage, she agreed to this mode of compensation, assuring the at-fault driver she would not notify her insurance company.

The other driver knew that the deductible alone was about the same as the total repair costs to the car he had scratched. He also was aware that by filing an auto claim, his rates would likely go up. Negotiating with the other driver to pay for damages without the involvement of the insurance companies would guarantee his premium would not be affected by the mishap.

Most would agree that this was a smart move.

In the majority of cases like the one above, it is far better to ship out payment to fix damages than report the incident to the insurance company.

Here is the inside story of what happens when the insurance company gets involved.
Insurance companies utilize complex calculations to figure what rate you should pay for your auto insurance.

Of the many involved aspects, multiple claim filings can make your premiums increase. In fact, even filing a claim the wrong way may cause your rates to go up or cancelled – not to mention if you’ve accumulated violations on your driving record!
Of note as well is the fact that even a simple conversation about an accident even if you do not end up filing a claim may cause your rates to go up. Many insurance obligate their employees to report a potential claim.

So, if you are involved in an episode like the one in the beginning of this article, you might want to consider follow the order of things there and just pay up front without involving the insurance company.

Of course, there is always the risk that the other driver may discover further damages or even resulting injuries later on. Without a timely claim submission, there’s a good chance you will not be covered for any resulting lawsuits.

Bottom line: if you are sure this is a minor matter, it may be in your best interest to go at it alone. If you have any doubt about it, the experts advise you to call your insurance company!