Warning Signs That You Need to Change Your Car Insurance

Are you ready to change your car insurance? Most people don’t think about switching car insurance unless they think they can save money. This is one reason, but there are several warning signs that mean it’s time to look at other auto policies.

Online Resources: What online resources does your car insurance company currently provide you with? Can you look up your policy and find details? Can you explore ways to lower your insurance through tips or programs? Does your agent even have a quality website – or any website at all? If the answers tend to be no to these questions, then it’s definitely time to consider switching car insurance. These days, there is no excuse to be without a proper website that provides customers with real benefits.

You Have Recently Moved: If you have recently moved, then your auto rates may have changed based on your new location, job, etc. It can be difficult to find out just how much things have changed until you ask for a few new quotes from other car insurance options. So if you have made a significant move recently, reach out to new services to make sure you aren’t missing anything.

Poor Claim Service: Nothing can justify poor claim service. If you have had a bad experience trying to make a claim or get a claim fulfilled, then it’s time to look at new car insurance. Even if a claim is denied, it should be a polite and informative process that leaves you with your questions answered. Unfortunately, not all car insurance companies are good at this: Find a place with good customer service first.

Unexpected Rate Hikes: No one likes their rates to go up, but sometimes they do. It can happen for a variety of reasons. But if you are seeing a constant rate creep without any significant reason for it, this could be a sign that your car insurance company is not the best for you. Contact other insurance options and ask about rate guidelines and how your rate should be changing.

Family Changes: Do you have a teenager that is about to start driving for the first time? What about a grown child that is getting ready to leave for college, or a new baby on the way? An important family change is the right time to consider looking at new auto insurance: Other insurance policies may be more affordable or more practical for your new situation.

 

 

 

Do I Have Enough Auto Insurance Coverage?

Before getting behind the wheel, it is always wise to consider the enormous responsibility that driving entails. A motorized vehicle can do great damage to other people and property. Of course, someone must pay for this damage. The average driver does not have enough money on hand to cover the thousands of possible dollars needed to recompense those harmed in an accident. Therefore, people need auto insurance.

Most states require a certain minimal amount of auto insurance coverage. It is always wise for motorists to check with their state road authorities on this requirement. It is also imperative that they consider additional coverage. Just how much depends on their level of expected need. As a guideline for those contemplating among various auto insurance plans, following are types of protection available across the nation.

Bodily Injury Liability (BIL) Auto Insurance

BIL pays for the damages a driver causes to other people during an accident. These policies have maximum amounts that the policyholder knows when making the purchase. A 20/50 policy, for example, covers $20,000, for injury to a single driver and $50,000, for all passengers hurt in a car.

Property Damage Liability Auto Insurance

The other car may also be damaged during an accident. Property damage liability insurance takes care of these costs. It is common for consumers to add this type of coverage to an existent BIL plan. For example, a 20/50/20 policy would provide $20,000, for a single driver and $50,000, for all passengers in a car and $20,000 for automobile repairs or replacement.

The amount of coverage and its cost depends on where the potential customer lives. The best way to make an informed decision among policies is to check rates live online. The numbers quoted online are those available at the moment in a particular zip code.

Personal Injury Protection (PIP) Auto Insurance

Along with paying for damages to others and their property, drivers also want to protect themselves. Medical expenses can prove costly. PIP will make things more affordable. Some PIP policies even provide an income while the driver remains out of work rehabilitating from accident injuries, so prices vary.

It is always best to compare policy quotes before deciding. It is even possible to do so online from home.

Making an Informed Auto Insurance Choice

Drivers need to weigh many factors before choosing an auto insurance plan. Most importantly, they must know the current rates being charged in their area. Then, it is necessary to be sure to have enough coverage to handle an unfortunate auto collision.

What Is Auto Gap Insurance And Do You Need It?

There are many additional things you can add to your auto insurance. Often, these things are not well known to the public so it can be difficult to know whether or not you really need the additional coverage. One of these things is gap insurance. But what exactly is it and is it something you really need?

What Is Auto Gap Insurance?

Auto gap insurance is really a very simple concept. This kind of insurance covers the difference between the value of your car and what you still owe on it. When you purchase your car, the loan does not just cover the full value of the vehicle. Included in the loan is the interest on the loan that you will pay over the lifetime of it. That means that the loan likely covers more than the value of the vehicle. However, when you insure your car, you are insuring the value, not the loan amount. If for some reason the vehicle is stolen or destroyed, your insurance will pay for the value of the car but not the remaining balance on the loan for interest charges. What is left is referred to as the gap and that amount is what is covered by gap insurance.

Do You Really Need Gap Insurance?

For some auto owners, gap insurance is a good idea. However, if you are almost done paying your auto loan, it might not be the best add-on for you. Also, if you own the vehicle outright and you no longer have a loan payment on the vehicle, you definitely do not need gap insurance. If you put down a large down payment when you purchase your vehicle, it also may not be something you need. Something to keep in mind is that if you lease your vehicle instead of purchasing it, you may be required to purchase gap insurance. Many auto dealers offer gap insurance when purchasing but you do not have to make the decision when you are at the auto lot. You can also purchase gap insurance with your auto insurance policy. It is smart to look at the depreciation rate of the vehicle and how fast you are paying down the interest. Gap insurance is not right for everyone but in a lot of cases, it makes sense. Hopefully you never have to use it but you may find that it was a good buy if you run into an unfortunate situation with your vehicle.

 

 

How to Avoid Paying Too Much For Car Insurance

If you own a car there is no way around paying for car insurance. Luckily for you, however, there is plenty you can do to avoid paying too much for that insurance. There are common mistakes that people make when beginning to shop for car insurance to take note of. Knowing these mistakes can better prepare you for your insurance shopping.

Failing To Be Prepared

Not knowing what you need and what you don’t need from your car insurance can lead you to purchase an inadequate policy, therefore, paying too much for it. Before you even begin shopping, you should know what is required by your state, how much coverage your lender requires (if the car is not paid off), how much you can afford for your monthly premiums, and how much you can afford to pay out of pocket if the situation arises. Also consider things like roadside assistance if you don’t have AAA or if you can’t afford a rental car in the case of an accident. Knowing what you can and cannot afford will help you better understand what you really need on your auto policy. Another thing to consider is collision and comprehensive coverage. As a rule of thumb, to save money on car insurance, if your premium is more than 10% of your car’s value, you may not need it. If you can afford to replace the vehicle if stolen or totaled, you really may not need it.

Failing To Shop Around

The same policy could be substantially cheaper from another company. Failing to look at what other companies will offer you as a rate is doing yourself a major disservice. If you are already going through the motions to get car insurance, make sure you look at several companies so you can get the same rate. However, you should keep in mind that not all companies are equal. A very low rate from a company with a bad reputation is worse for you in the long run. Make sure you research the companies first before purchasing car insurance. Once you find a few companies that you like, compare the quotes to get the best rate.

Failing To Ask For Discounts

Almost every single car insurance company offers discounts for something. When getting your quotes, make sure you ask about any discounts that may apply to your situation. If you do not ask, you will never know, and you could end up paying a lot more for insurance simply because you didn’t ask. Some common discounts including bundling, good driver, good student, low mileage, and much more.

How Will Safer Roads and Vehicles Effect the Car Insurance Industry?

In the midst of newly built and freshly paved roads as well as newer, safer automobiles being introduced into the market, the act of driving will soon be something to no longer get wound up about. Indeed, while this may be bad news for insurance companies, this seems to be great news for the future of consumers.

How Will Safer Roads and Vehicles Effect the Car Insurance Industry? 

With the emerging prominence of self-driving cars as well as the growing popularity of car services such as Uber and Lyft, experts are projecting that there will be an 80% reduction in terms of roadway accidents by 2040. What’s more, with new advances such as lane departure warnings, traffic jam assistance, and collision avoidance technology, there has already been a reduction in accidents. If the projected numbers are true, this would almost completely undermine the need for car insurance and force drastic changes in terms of packages and pricing offered by auto insurance companies.

The Present State of the Auto Industry

While the aforementioned money-saving advances should be exciting for drivers everywhere, we are still over 2 decades away from realizing this potential driver’s utopia. The fact of the matter is, most of us will still need to subscribe to a solid, reputable auto insurance company in order to ensure that our vehicles are covered in the unlikely event of an accident. What’s more, while finding the perfect auto insurance company can sometimes be a task in and of itself, there are a number of sites, such as this one, that will do the majority of the grunt work for you.

By simply providing some basic information about yourself as well as your driving history, you will receive live, comparative quotes that allow you to easily select the best insurance company for your personal needs. One of the best methods of acquiring auto insurance, don’t make the mistake of paying more money for less coverage when you can simply weigh out all of your options with the click of a button.

Overall, while the nature of driving is something that continues to change for the better, being properly prepared for potential accidents can mean a world of difference.

 

 

Do You Need Additional Personal Injury Protection?

Do you need additional insurance above what is required by law in your state? Auto insurance often covers liability, collision, and personal injury protection. Liability covers you if you are at fault, you pay for repairs to the other person’s property and cover medical bills. Collision coverage is where your insurance will cover repairing your vehicle if you are at fault, minus any destructible. And personal injury protection is something that every motorist should consider when determining how much insurance you actually need.

What Is Personal Injury Protection?

Personal injury protection, often abbreviated PIP, is a type of insurance that will pay for your injuries, regardless of whether or not you are at fault. While you may have health insurance, sometimes health insurance doesn’t cover everything and personal injury protection coverage can help pay for those things.

For example, if you have a high deductible on your health insurance, or if you require in-home care or special physical therapy, your health insurance may not cover certain procedures or may cover them only after the high deductible is met. Most health insurance does not cover lost wages or funeral expenses. These are some areas where personal injury protection may be able to help.

Personal injury protection may pay for things such as lost wages due to the accident, hospital bills, physical therapy, in-home care, rehab, prescriptions, doctors’ bills, and can even pay for funeral expenses.

Sometimes called “no-fault insurance,” where it is available may depend on whether your state is considered a no-fault insurance state.

Personal Injury Protection Can Cover More Than Just You

But personal injury protection can cover more than just your injuries when you are driving your car. Personal injury protection can extend to your passengers. It can also cover you if you are riding in someone else’s car or if you are walking or riding your bicycle and get hit by a car.

When you combine personal injury protection with uninsured motorist protection, you’re more likely to be covered if someone else doesn’t have insurance and causes an accident.

Having personal injury protection makes a lot of sense. Talk with an independent insurance agent about personal injury protection and how it works in your particular state.

How to Shop for Auto Insurance Online

Shopping for auto insurance may seem daunting, especially if you are online and looking at various auto insurance carriers. Not all policies and not all auto insurance carriers are the same which is why you need to compare quotes before making a decision to go with a particular policy.

How Much Insurance Do You Actually Need?

Your first step in buying car insurance is to understand how much insurance you actually need. Some people are very safe drivers, whereas other people can be aggressive drivers or have a fair number of accidents and need more coverage. You may need to look at insurance coverage that will handle collision coverage if you are more prone to having accidents. If you live in a place where there is a lot of wind, you may want to consider something such as comprehensive insurance that can handle a tree falling on your car.

Comparing Policies and Features

When looking for auto insurance, it’s important to realize that not all policies are the same. Policies cover various items including collision, personal injury protection, liability, uninsured motorist, comprehensive, and other possible coverages. Policies may vary from state to state; some states require certain coverages, whereas other states often require only liability.

When looking for an auto insurance policy, it’s important for you speak to an independent insurance agent so that you can compare policies and prices. By doing this, you can determine whether the policy you are looking at is a good price and whether it has the coverages you need.

Choose a Good Insurance Company

It’s tempting to go with the lowest quote when looking at auto insurance, but the reality is whether or not the insurance company has a good track record. You want an insurance company that is known to treat its customers well. If you choose a company solely on price, you may be disappointed when you do get into an accident and they aren’t there to help you.

You can check up on insurance companies’ ratings by looking up there financial strength with Standard & Poor’s and A.M. Best. You can also contact the department of insurance in your state to determine whether there has been any complaints filed.

 

 

Consider Adding Comprehensive and Collision Coverage Before Winter Comes

Auto insurance policies are made up of many different types of coverage, some of which policyholders may either accept or decline. Two coverages that drivers sometimes decline are comprehensive coverage and collision coverage. If you don’t currently have these coverages on your auto insurance policy, you may want to add them before winter comes and driving conditions worsen.

Comprehensive and Collision Coverage

Comprehensive and collision both protect your car, although they provide protection in different circumstances.

In general, comprehensive coverage protects your car from any damage it sustains that isn’t caused by a collision with another moving vehicle. Specific coverage varies, but comprehensive coverage might include protection against damage caused by:

  • hitting an animal

  • a stone hitting your car’s windshield

  • vandals or thieves

  • a hailstorm or thunderstorm

Collision coverage, in contrast, provides protection for your car if it is in a collision while moving. (One exception is hitting an animal, which is usually covered under comprehensive coverage.) If you are at fault for an accident or involved in a no-fault accident, the collision coverage provided by your auto insurance policy may help you repair or replace your car.

As with all coverages, comprehensive and collision coverages come with their own deductibles, which are selected when purchasing a policy. The deductible you select, your car’s value and other factors will affect how much each of these coverages costs.

Declining Comprehensive and Collision in Summer

Often, comprehensive and collision coverages are some of the most expensive coverages in an auto insurance policy. To reduce their premiums, some drivers decline these coverages — especially during the warmer months when the weather is generally fair.

As winter approaches, however, it’s sometimes advisable to purchase these coverages. With winter comes more difficult driving conditions, and the chances of your car being damaged increase. Having comprehensive and collision coverages during winter will make sure your car is insured when it’s most likely to sustain damage. Once winter is over, you can drop these coverages if you’d like.

Finding Affordable Coverages is Easy

Finding affordable comprehensive and collision coverages is easy when you compare quotes online. In fact, you might even be able to find a policy that includes these coverages and isn’t much more than your current policy by shopping around with different insurers. To see how little you could protect your car for this winter, get quotes from auto insurers that serve your area.

Make Sure Your Auto Insurance Plan is Ready for the Holiday Travel Season

Every holiday season, thousands of American drivers take to the road to reunite with loved ones and enjoy the winter season. As part of this preparation, motorists may perform regular maintenance on their car, or make sure their tires are fully inflated. However, the biggest threat to travelers may not be under the hood, but rather just outside their door.

According to the U.S. Department of Transportation, American roadways will see an increase of 50 percent more drivers. Of them, many will be traveling at least 50 miles to spend the holidays with their loved ones. As a result, drivers are at an increased risk of being in an accident.

Before you head out on the open road, be sure your home and auto are prepared. Here are three things every driver can do before heading over the hills and through the woods to reunite with family.

Check tire pressure: Tire pressure is not just key to proper maintenance and maintaining fuel efficiency. Rather, tire pressure can also help motorists keep good traction in all weather, while maintaining proper stopping power.

Before leaving for the holiday season, start by checking tire pressure on your vehicle. By filling tires to the proper levels, travelers can make sure their vehicles stay safe.

Plan a route ahead of time: While it may be tempting to take the same route you’ve always taken, it may not be the best – or most direct – route to your destination. In some situations, there may be a better way to get to your destination.

By using a GPS system, travelers can route a better direction to their destination and back, potentially with less traffic and easier routing. Be sure to have a map ready as a back-up, to make sure you can get to your destination with ease.

Get a new auto and home insurance quote: Sometimes, maintenance doesn’t just apply to your car. By getting a new auto and home insurance quote, travelers can make sure they are fully covered for whatever happens on their travels.

By comparing multiple quotes for auto and home insurance, holiday drivers can better understand all their options, and select a level of coverage that works best for their needs. Before taking to the holiday road, be sure you are fully covered with a new quote.

Before starting the car, make sure every aspect of your journey is covered. By completing proper maintenance in every aspect, you can make sure your travels are covered and safe this holiday season. 

Car Compare: How Does the Vehicle I Drive Affect My Insurance Policy Costs

There are many factors that insurance providers take into consideration when calculating your premium. Everything from your age to your driving history and even your zip code play a part in your bottom line payment. But did you know that in most cases the type of car you drive can have a great affect on the price you pay for coverage?

How Does Your Car Type Factor In To Your Insurance Premium?

Whether you’re shopping local or going directly to a national auto insurance provider, the type of car you drive may be a big factor in the amount you pay for your coverage. Insurance providers will use information collected by industry safety reports and customer claims to determine if your vehicle may be a higher risk. 

Some insurance providers may charge higher premiums for cars that have been determined to be more susceptible to damage, theft, and driver/occupant injuries. On the other hand, vehicles that show better results may provide their owners with lower rates.

For example, if you own a vehicle that has better than average crash test results and other high safety standards, like the Volvo XC60, you will likely pay less over time for your insurance coverage. But if you drive a vehicle with lower than average safety ratings, like the popular Honda Civic, you may see a spike in your insurance premiums. 

Shop Local and Save on Auto Insurance Coverage

The easiest way to save on auto insurance coverage is to do your research before you buy. Take the time to research the vehicle that catches your eye at the dealership before you make an offer. If it doesn’t have the best safety ratings it may cost you more for comprehensive coverage. 

With the help of your local, independent auto insurance agents you can easily compare quotes online with multiple national providers to find the best coverage for your needs and your budget. Our team is ready to help you cover all the bases when it comes to insurance shopping online. We’ll be there with you through every step of the process to make sure you know exactly what your policy covers and what you’re paying for. 

Don’t get caught without the right level of coverage when you need it most. Instead, compare quotes online with your local insurance agency and save on your next policy.