How do I find out about new insurance laws in my state that enact Jan 1 2014?

Insurance can be a complicated matter especially if you are not knowledgeable in regards to state laws and local regulations. Car insurance has minimum requirements and a homeowners policy may not cover you in certain situations, or if you do not take certain precautions. On January 1st, 2014 there will be some new regulations that go into effect in certain areas. If you are not prepared, you could find yourself in a difficult situation and not have the coverage that you rely on or the policy that is required by law. To easily get prepared keep these helpful tips in mind:

  • Look for accurate information from your state itself not information you find posted randomly on the internet. One good place to start your research is the website for the National Association of Insurance Commissioners .

  • Talk to your insurance provider. They should be able to provide you with valid, up-to-date information. However, it may be a bit skewed as this company wants to sell you coverage.

  • Discuss things with your independent agent. An independent agent works directly for you and has your best interests in mind plus, he or she should be knowledgeable about current and upcoming laws and regulations.

As you can see, while there is information available online or in publications, working with an independent agency is the best solution. Not only will you have someone on your side to answer questions about new insurance laws, but we can help you find the best rate on home, auto and property insurance too. We can compare quotes online using a real time search so you are assured to get a great deal. Call or contact us and let us explain more about the new laws that go into effect on January 1st!

Your State’s Minimum Car Insurance Requirements

It’s important to make sure you meet your state’s car insurance requirements. If you are in an accident and you do not have the correct amount of coverage, you could be fined or, even worse, sued. It is easy to do some quick research to find out exactly how much and what type of car insurance you need. Just take a few minutes and look online or contact an auto insurance provider.

Most states require at least liability insurance for your vehicle. If you are involved in an accident, this type of coverage will take care of the expenses for the other person that is involved. If the accident is found to be your fault, you will definitely need this type of insurance. People who do not have the right amount of coverage will end up paying for the expenses out of their own pocket. No one wants to go into debt or be forced to use their child’s college fund to pay off a claim from a serious accident.

Other requirements may include uninsured motorist auto insurance. Although most people do not like to pay for this type of coverage, it could be the most beneficial to you if you are in an accident with someone who does not have insurance. If a person could not afford to insure their vehicle, they probably will never be able to pay for a claim for someone else. Make sure you are fully covered and you will not be left without transportation after an accident.

Before purchasing auto insurance, make sure you are aware of the requirements for your state. You can easily find all of the information you need online. Shop around and find the best deal for your car coverage needs and you will give yourself peace of mind.

Things Auto Insurance Providers Look for in Drivers

Everyone enjoys saving money, and if you can save cash on your auto insurance, you need to know what insurance providers look for in drivers. It is a well-known fact that teenage drivers — especially male teen drivers — are expensive to insure. If you have teenagers in your home and you are trying to save money on auto insurance, here are some tips.

Make sure your teenager stays in school and gets good grades. Many insurance providers will give you a discount if your student is on the honor roll. You may also be able to save money if your teenager drives a family sedan instead of a sports car. Most insurance companies see sports cars as risky and when you add in a teen driver, it makes for a large expense. You will also want to encourage your student drivers to be cautious and avoid potential accidents. Do not blast the music, text or talk to friends while driving. These are all ways to prove to the auto insurance company you deserve a lower rate.

Other ways to save money include taking a defensive driving course. Even if you have not had an accident, you can earn a discount by taking a refresher course. If you have a good credit rating you may also be able to save money on your auto premium. Many drivers do not realize that a bad credit score affects how much they pay for car insurance. If you are responsible with your money, they assume you are responsible with your car.

All insurance providers look for good drivers who do not have a history of accidents. If you have a college degree, you may also get a cheaper rate. Shop around to find the best deal for your family so you can enjoy driving anytime.

Comparing Auto Insurance Coverage in Your State

Before you compare auto insurance in your state, you have to first determine what the state requirements are in addition to what the average car insurance holder pays. Some states are fairly lenient on their requirements, and others require a high amount of coverage that can even be comparable to the monthly payments you make on the vehicle itself. Although each state varies, a good rule of thumb when attempting to gage the situation is to analyze the cost of living in your state along with the population, taxes, number of auto accidents per year and so on. These factors usually play a big role in the overall quote for auto insurance in your state.

Once you have established this information, consider your current credit history. Your personal credit is often a big factor for the amount of insurance you will pay. Be sure to bring up your credit history when discussing this with an insurance agent in your area to get a more accurate quote. There are many quote generating tools available online, so it’s always best to take advantage of these first to determine a good ball park range for your auto insurance cost.

When you compare auto insurance quotes in your state, you shouldn’t just be looking at price. Instead, you should take it into account with factors, such as customer service, coverage quality, previous customer experience and so on. These factors may not exactly be an easily calculated quote, but they allow you to compare factors that may be of priority to you. Money isn’t everything, so you want to be sure you are getting the best coverage and service for your needs before settling on an auto insurance plan. All in all, to make the process of comparing auto insurance easier, be sure to call your local independent insurance agent (or broker) and allow them to shop for rates for you while offering helpful advice on various rating factors.

Consequences of Not Having Car Insurance in Your State

Times are tight. To save money, you’re considering driving without auto insurance. Be careful, though. Driving your car without the proper insurance can result in serious consequences.

It is now illegal in all 50 states for motorists to drive without auto insurance. The penalties for doing this, though, vary widely by state. In all 50, though, there are penalties. And, in most cases, they are harsh.

There’s a reason for this law. Auto accidents are expensive. If you get into an accident and don’t have insurance coverage, who will pay for the damage that you’ve caused? By not having auto insurance, you’ve put another driver in a financial hole.

What penalties might you face if you’re caught driving without car insurance? First, you might have your driver’s license suspended for several months. Consider what an inconvenience that could be. How would you get to work every day? How would you visit friends or family members?

In some states, you’ll also lose your auto registration if you’re caught driving without insurance. In all states, you’ll face a hefty fee for driving without insurance. And, in most cases, the odds are good that you’ll receive a separate ticket for driving without insurance. This ticket will come in addition to whatever other ticket the police give you, everything from speeding to reckless driving. As you can imagine, having an additional tacked on to your record can prove quite costly. Finally, your car may be towed. Retrieving your car from the impound lot will undoubtedly result in some heavy fines.

Do the smart thing and pay for the proper amount of auto insurance coverage. Yes, auto insurance isn’t cheap, especially if you have speeding tickets or other dings on your driving record. But, the financial burden of paying for car insurance every month is nowhere near as severe as the penalties you’ll face if the police should catch you driving without it.

Does being Married make my Car Insurance Rate Drop?

When you talk to a few different people about car insurance, you’re going to get quite a few different stories on what you can do to get better rates. You might hear that you need to live in the suburbs, or that you need to drive less than 8,000 miles per year, or maybe even that your car needs to be a certain color to get the best possible auto insurance rate. There is some fact and some fiction in the things you may hear, but one claim that does have a good deal of truth behind it is the idea that married people pay less for car insurance.

To understand why marriage might make the cost of your car insurance policy drop, you need to understand how car insurance rates are set in the first place. Insurance companies aren’t in the business of losing money, so their goal is to insure as many low-risk clients as possible by offering them lower rates and to make the higher risk clients pay more to help offset the inevitable claims. Enter the statistician. In the insurance industry, we look at statistics all the time, particularly statistics about accidents. It turns out that car types, age and marital status, among other things, can affect your likelihood if having an accident.

People who are married are actually less likely to have a car accident than their single counterparts. Married status is an even clearer indicator of safer driving among younger people. There are several theories on why this is the case, but insurance companies don’t care why and you probably shouldn’t, either. The bottom line is that married people represent a lower risk to insurance companies and they are rewarded with a lower rate on their auto insurance policy.

Knowing that being married can reduce your auto insurance premium doesn’t mean that you should rush right out and marry somebody to get a break on your payments, of course. What it can mean, however, is that when you do get married one of your first calls should be to your insurance agent so that you can get the corresponding drop in your insurance premiums.

Are Trailers Covered by Auto Insurance?

Under most circumstances, a trailer is covered by auto insurance. In most states, if you are towing a trailer behind your car, if an accident occurs, you will be covered by your insurance plan. If you know that you will be hauling a trailer a long distance, you may want to check with your auto insurance provider and make sure you have the right amount of protection before you leave.

If you have college aged children, you understand the journey between home and college each year. Often parents will load all of the student’s prized possessions into a trailer and haul them across the state or across the country each August and May. It is during these times that it is important to make sure your trailer is covered in the event of an accident. Not only could there be damage to the trailer, but you would want to find out if your homeowners or your car insurance would cover the contents inside the trailer. Televisions, computers, microwaves, etc are expensive and you do not want to lose these essential college student items without being able to replace them.

Your auto policy will also cover another vehicle if your trailer becomes disconnected or fishtails and causes damage to another car. Towing trailers is sometimes difficult and all types of accidents can occur. Depending on the types of trailers you own, you may need additional coverage. If you have a camping trailer, this is usually covered by a separate plan. If you own a business and you use trailers for that business, you will need a business auto insurance plan to take care of possible damages. Just make sure to find the right types of insurance for all of your needs and you will not have to worry when towing your trailers across town or farther.

When looking for the best auto insurance policy, you will want to make sure you have the right amount of coverage for your situation. You can compare quotes and rates online to find the best deals and you will know that you are protected from all kinds of losses.

How Relationship Status can Affect Your Insurance Premiums

Shopping for insurance is a difficult task. You have so many decisions. Not only do you have to choose the right insurance provider, and whether you want an agent or just wish to work with the customer service department, there are tons of little things that affect the price of your insurance. One of the things that can affect the premiums you pay is your relationship status. It may seem strange, but going from single to married, or vice versa can change the price you pay for your coverage. Learn more about why this is, so you can better prepare for what you may have to pay for insurance.

Not all companies offer a discount, but several companies will give significant savings on car insurance for married drivers. The reason for this is that, by the numbers, married people are usually safer drivers than those who are single. While this can be frustrating for single drivers, those who are married reap the benefits of this discount.

Some people see this discount as discrimination; however it is perfectly legal for this type of discount to occur. Insurance companies offer discounts for other things such as drivers over 25, those who insure multiple vehicles, safe drivers and even normally charge less to insure women than to insure men. The insurance companies are in the business to make money, so it only makes sense that they charge more for drivers that have been show to statistically cause more accidents—in this case drivers that are single.

While you may not want to change your relationship status just to save money on your insurance, there are other things you can do to save money on this necessity. Talking to an agent, instead of just working with a company through the phone or internet will often help you find those little discounts you may not have realized.

The most important thing to remember is that if you make changes in your life, including changing your marital status, you need to update your information with your insurance company. This will make sure you have the coverage you need at the best possible price. Whether you are single or married, getting the best price possible is vitally important.

Car Insurance Coverage for Seniors

As people get older, their car insurance needs may change. When considering car insurance for senior citizens, you will need to take into account any health problems they may have, how much they drive their car and where they live. Since the insurance company may have different requirements for seniors, you will need to look at the policies carefully and make sure there is an adequate amount of coverage.

Senior citizens sometimes experience failing eyesight or hearing which could affect their insurance premium. If you know your loved one has a problem seeing or maybe just shouldn’t drive at night, make sure her insurance policy carries enough protection to take care of expenses in the event of an accident. You also need to consider how much the senior drives his car. If he really doesn’t drive often, but usually catches rides with friends and family, he probably will not need as much car insurance. Where the senior citizens live should also be considered. If they live in a nursing home or assisted living that provides transportation to most places, the requirements for car insurance coverage will not be as great. When comparing policies for seniors, think about how much coverage the person actually needs and make sure the policy fits the situation.

Car insurance coverage requirement vary from state to state and from situation to situation. As people get older, they may choose to drive less and in effect need less coverage. Or they could continue to drive, even when they shouldn’t, which would require more protection to take care of expenses if an accident occurred. The best way to make sure you have the coverage you need is to compare quotes with multiple providers and find the protection you need for the price you want to pay.

Passenger Seat: Are you Covered by the Drivers Insurance?

No matter in what state you drive, you’re responsible for the injuries that your passengers suffer during a car accident in which you are at fault.

This means that you need the proper amount of auto insurance to cover any medical treatment that your passengers might need following an auto accident. Personal injury insurance is what provides this protection. Fortunately, this type of insurance is required in no-fault car insurance states, meaning that the odds are high that your auto insurance policy will include this important coverage.

By having this coverage, you’ll provide peace of mind to the person sitting in your car’s passenger seat. This person, after all, might face expensive surgeries and other medical treatment should you get into a car accident. If this person knows that he or she is at least covered by the drivers insurance, this will give this passenger one less thing about which to worry following an accident.

When taking out a car insurance policy, it’s important to make sure that personal injury protection is indeed part of your coverage. You don’t want to find out after an accident that you’ll be paying the medical costs of the person in your passenger seat.

The importance of personal injury insurance also proves a point about shopping for auto insurance: It’s possible today to view live insurance quotes online. This makes shopping for auto insurance less of a hassle. But it also encourages consumers to look so closely at price that they forget to evaluate the amount of coverage that an insurance policy will provide, too.

When you’re shopping for an auto insurance policy, make sure to consider whether the person sitting next to you is covered by the drivers insurance. The savings you get with a cut-rate insurance policy might result in big medical bills in the future.