Auto Insurance online - How it protects you and your vehicle

Submitted by Anonymous (not verified) on Mon, 12/21/2009 - 09:12
Every state requires you to purchase a minimum auto insurance or vehicle insurance coverage to protect you and others from damages caused by an accident. However, what kind of protection you will get depends on your state's auto insurance laws.

What is auto insurance?

Auto/vehicle insurance is where you pay a regular premium and the insurer compensates you for any financial loss that occurs if you get involved in an accident.

Because every state requires you to have the state minimum coverage, you should look for affordable auto insurance that will protect you if you have an accident. If you are a good driver and haven't had any parking tickets or accidents recently, then most insurance companies will offer you discount auto insurance policies.

What does auto insurance cover?

Your basic policy should cover the following:
  • Bodily Injury Liability: This provides protection if the driver, policyholder, or the policyholder's family member causes bodily injury to someone else.
  • Personal Injury Protection (PIP): If the passengers and driver of the policy holder's vehicle are injured, PIP covers the cost of treatment and may also cover lost wages, cost of replacing services, and funeral costs. Search the internet for best auto insurance rates.
  • Property Damage Liability: If you or someone else permitted to drive your car damages others' property, this coverage will protect you. When you look for free auto insurance quotes, make sure you will be covered under the Property Damage Liability coverage.
  • Collision coverage: This compensates for damage to the policy holder's car as a result of collision with another car. Even if you are at fault, this term will cover the cost of repair to your car minus the deductible. If you are not at fault, then your insurer will try to recover the cost from the other driver's insurer.
  • Comprehensive Coverage: Many of you may be asking yourselves "What is comprehensive auto insurance protection?". If you suffer a loss due to theft or a damage caused by something other than a collision, like a fire, explosion, earthquake, or windstorm, then this protects you.
  • Uninsured/Underinsured Motorist Coverage (UM/UIM): Individuals who buy cheap car insurance are often underinsured and do not have enough money to pay for losses if they are involved in an accident. If an uninsured, underinsured, or hit-and-run driver hits you or your family member, this term will reimburse the cost of your damages. You will also be protected if you are hit as a pedestrian. When you buy car insurance compare quotes for UM/UIM coverage from different companies.

What are the benefits of buying auto insurance online?

With many companies offering online auto insurance quotes, it is easier for you to research the policies, terms, and conditions and compare them. You can also check the company's auto insurance reviews to make the best choice.

Here are 4 benefits you can get if you buy auto insurance coverage online:
  • Easier research: The internet allows you to do extensive research on various companies without having to visit each company. You can easily find the cheapest legal auto insurance online to suit your budget.
  • 24/7 service: This is the best part about looking for information online; you can find information when you need it.
  • Manage a policy: You can manage your policy, print out proof of coverage, and view/ manage your bill online.
  • Claim: You can even file a claim online and follow it up online.

Which factors influence your auto insurance rates?

When you apply for an auto insurance coverage, the company sends over your application to the underwriters. The underwriters evaluate the level of risk associated with an applicant, and accordingly approve and fix his/her rate or reject the application. The factors which are usually considered for the auto insurance underwriting process are:

  1. Age and gender of the driver
  2. Driving records/ history of the one to be insured
  3. Prior claims history
  4. Efficiency of the driver (driving education)
  5. Model, make and type of the vehicle
  6. Age of the vehicle
  7. Mileage of the vehicle
  8. Location (where it'll be used)
  9. Purpose for which the vehicle is used (work, personal, pleasure or commercial etc.)
  10. How the vehicle is garaged
  11. Your choice of deductible, limits of coverage and benefits
  12. Auto insurance score
To know how these factors affect your auto insurance rates, click here.

Converting to a low cost policy

Discount auto insurance schemes can help you convert your basic policy into a low cost auto insurance policy. You can find many cheap auto insurance quotes that will allow you to save money and provide adequate coverage. Take a look at few of the ways to save money.
  1. Safety measures: A few insurers offer discounts for safety measures like anti-lock brakes on used cars.
  2. Multiple policy rates: Some of the bigger insurance companies that provide different types of insurance offer "bundle" rates if you buy several kinds of insurance, like life insurance and homeowner's insurance in addition to your car insurance.
  3. Safe driver's discount: In many cases, insurers offer a safe driver's discount if you go for a certain period without a ticket or accident, usually 3 years.
  4. Renewal discount: If you have been with an insurer for a long time, they might offer a renewal discount to get you to continue your current coverage.
  5. Discounts for students: If you are a student, unmarried, under the age of 25 years, and you meet the grade requirements, you may get cheap auto insurance.
  6. Choosing a higher deductible: If you choose a higher deductable, your premium payment will be less, but you will have to pay more if you have an accident.
  7. Type of car: The type of vehicle you buy is a factor your insurance agent uses to determine your auto insurance premium rate. The quotes you get for an expensive car will be higher than for a more standard car. The age and size of your car also determines how high your premium is.
  8. Good credit history: Maintaining good credit history may also entitle you to certain discounts.
  9. Low mileage discounts: Some companies may also offer certain percentage of discounts to individuals who drive less than the average number of miles each year. If you are one of them, then you may also get this privilege.
Apart from the above, there are other ways to maximize your auto insurance benefits while minimizing costs. Learn more...

Will your premium go up after you file a claim?

Every insurer will increase the amount of your premium if you are involved in an accident. The increase is decided by the auto insurance company you purchased your policy from.

If you have a bad driving record, your motor insurance company may refuse to renew your policy and varies from one company to another. Accidents caused by drunk driving are more likely to result in a non-renewal of your policy.

If you decide not to inform your insurer about a minor accident, it may cause problems later. If you get sued by the other driver, your auto policy provider might not cover you because of the time lapse. Even if the claim is not refused, it will be harder to find evidence to support your case.

No one can predict when they will get into an accident. Investing in automobile insurance, protects you and your family during accidents and from losing your license for driving without insurance.

Related readings

Useful auto insurance letter

I've heard of so many automobile insurance claims that affected the insured's premiums. Is it possible for anyone to guide me regarding the major auto claim factors that affect our premiums?

Posted: 21 Dec 2009 01:28 Post Subject:

Not really, because your situation is fact dependent. Your agent would be a better source for this information.

Posted: 22 Dec 2009 12:20 Post Subject:

In general terms, if you have a history of making automobile insurance claims then you will present a higher risk to the insurer and your premiums will reflect this.

Likewise if you have a bad driving record, a theft prone type of vehicle, are of a certain age group and various other factors.

Posted: 23 Dec 2009 06:47 Post Subject:

I guess your driving records affect your claims the most. Your premiums are determined by a rating chart which is regulated by your state. Some country wide laws may also be applicable towards your rates.

Posted: 24 Dec 2009 06:03 Post Subject:

Some country wide laws may also be applicable towards your rates.

Mostly rating systems across all states would determine premiums on an 'allocation' basis. There are several factors which may lead to premium hikes and one of them is your driving record. Usually the carrier allocates the repair charges of your vehicle to your auto insurance premium. Whenever you meet with an accident or file a claim then only this cost increases.

Posted: 24 Dec 2009 11:04 Post Subject: insurance

Your driving record, how LONG you have been driving, etc: ALL of these things (I believe..) determines what your payments would be. Also....I've heard some say that, to determine what your premiums would be, they check your Credit, as well. However........I'm not sure if this is correct information. Can someone 'shed some light' on that?

Posted: 27 Dec 2009 12:51 Post Subject:

The OP says,

Major auto insurance claim factors affecting our premiums

So I would assume, they have ins. and want to know what (re: auto accidents) affect premium.

All premium increases are state dependent, but most are the same. First off NO premium can be raised until the policy term over, and new term is billed. Most carriers have a 'pay out' amount for a chargeable (at fault) accident that will raise your premiuim. IE over 500 paid on a chargeable accident will generate a rate increase. How much? well that depends...some if you have a safe driver discount, you will only lose that for the first one. Others may differ some.

Posted: 28 Dec 2009 09:35 Post Subject:

I will chime in and state the obvious: excellent driving record and no accidents with (depending on state/company) good credit rating = cheap rates.

Bad driving record and chargeable accidents = much higher rates.

Heck, even just a bad credit rating = higher rates.

The moral of the story: keep to the speed limit, don't tailgate, stay off the cell phones and be accident free, and the insurance companies will love you. Well, at least you're giving them the opportunity to woo you. :)

Posted: 29 Dec 2009 09:22 Post Subject:

See, the costs have to be allocated upon the insured's chances of filing a claim. Premiums structures are developed in such a way as to help the safer drivers. Different factors like the salary of the adjuster and the other costs associated with the claims dept. have to be allocated properly. It's not just about the repair cost of the vehicle. Roddick

Posted: 30 Dec 2009 07:08 Post Subject:

The volume of insurance frauds that are being committed now-a-days would also affect our insurance costs to some extent. The volume of staged accidents have increased during the past few years. Scam drivers would have an opportunity to collect twice- first they'd collect from the collision insurance and then for the physical injuries.

Posted: 31 Dec 2009 07:19 Post Subject:

Irrespective of whether it's a staged accident or not, the con artist will move to a different location with his car. Once there, he'd cause more damages to the car only to claim for more damages. He'd pretend as if all the damages have been caused by the accident.

Posted: 31 Dec 2009 11:07 Post Subject:

Irrespective of whether it's a staged accident or not, the con artist will move to a different location with his car.

You would think that an Insurance Co would eventually 'catch on' to what is being done. (Just thinking outloud here..) If a person is caught doig this, would they have to pay the claim (money) back somehow?

Posted: 02 Jan 2010 08:42 Post Subject:

If a person is caught doig this, would they have to pay the claim (money) back somehow?

I'm sure it wouldn't be easy for such con artists to get away with such claims. Insurers have the support of modern technology today and I'm sure they can identify between old and new scratches. So, a con artist would find it difficult to get his claim processed right at the very beginning.

Posted: 06 Jan 2010 06:35 Post Subject:

Beware of the fake helpers. They'd wave at you conveying the wrong message. Once you're into traffic they'd crash on you and then file a claim. When the adjuster appears, the fake helper would surely deny waving at you.
Sometimes you will come across people who'd pretend as if they can really help you identify a good body shop. They might also refer a good lawyer or a doctor if the need be. You must not give in to such people and pay high amounts in terms of your lawyer charges or doctor's fees. Stay away from such unknown helpers.

Posted: 07 Jan 2010 08:50 Post Subject:

Insurers would often resort to the ISO services to know the repair costs of different vehicles. All the vehicles manufactured in the US would be rated upon their ISO symbol. This symbol is associated with the worth of the vehicle.

If the symbol number associated with a particular vehicle is high then the premium for that particular vehicle would also be higher. This indicates more repair charges as the parts cost more.

Posted: 08 Jan 2010 07:31 Post Subject:

Yes, the carriers would look at it as an important factor towards determining your insurance cost. The ISO symbol forms an important part of the carrier's rating system. A higher ISO symbol depicts your carrier's higher exposure following a claim.

Posted: 09 Jan 2010 06:14 Post Subject:

A higher ISO symbol depicts your carrier's higher exposure following a claim.

There are certain carriers whose rating systems may seem more complex. Actually, these carriers would consult their claims history to arrive at the right symbol or factor on the basis of which they'd charge you.

Posted: 10 Jan 2010 03:24 Post Subject:

Also....I've heard some say that, to determine what your premiums would be, they check your Credit,

Several states permit underwriting to base its "yes/no" decision on a person's credit report. California prohibits the use of a person's credit report as the "sole" reason for denying coverage, but it can be taken into consideration as an "adverse selection" factor.

Several years ago, the CDI Fraud Bureau published a report on Auto Insurance Fraud in California -- the #1 type of fraud committed year in and year out. According to the report, at the time (2004 or 2005), auto insurance fraud factored into as many as 48 out of every 100 claims in Orange County.

Joey Buttafuoco -- yes, that Joey B -- was arrested about 5 or 6 years ago here in California for "showing how to 'enhance' the damage to a vehicle" in order to inflate the claim to what turned out to be Auto Fraud Task Force investigators.

Another pair of fraudsters in 2001 or 2002 used the same two vehicles to defraud insurers out of several hundred thousand dollars in bogus auto collision claims. The would purchase policies from companies known to be lax in their underwriting, then submit photographs of the "damage" along with the claim form. Problem was, they did this so many times, they forgot which insurers they told what story to.

They were alternating their representation of "ownership" of the vehicles to the different companies, and they chose the same company twice, by mistake. Fortunately, the claim landed on the desk of a claims examiner who thought he remembered the vehicle and the damage. Sure enough, not only was it the same car as the earlier claim, but the damage was "identical". They were caught as a result.

California's Insurance Commissioners are quick to point out, appropriately, that insurance fraud creates the equivalent of a $500 annual tax on California residents, in the form of higher premiums and lower benefits.

Posted: 15 Jan 2010 06:39 Post Subject:

They were caught as a result.

Well, it's really interesting how these fraudsters got caught. Now, I'd be curious to know if such con artists are still serving their jail term or is it that they're back to business. Are the Cali authorities really trying hard to curb such incidents?

Posted: 15 Jan 2010 11:09 Post Subject:

Funny you should ask if CA authorities are doing anything to curb auto insurance fraud. Here's the latest press release from the CDI on the subject:

For Release: January 13, 2010

Insurance Commissioner Poizner Announces Arrest of San Jose Man for Allegedly Ditching Car in Mexico, Reporting it Stolen, Filing False Insurance Claim

California Insurance Commissioner Steve Poizner today announced that Severiano Becerra, 48, of San Jose was arrested Jan. 12 in San Jose on suspicion of felony auto insurance fraud. If convicted, Becerra could face five years in prison. He is being held on $20,000 bail.

"Auto insurance fraud continues to cost residents of this state millions of dollars and rates continue to go up for drivers as we battle this crime," Commissioner Poizner said. "But it's a battle we will never back down from and those who commit these crimes will face justice."

A California Department of Insurance (CDI) Urban Auto Fraud Task Force investigation alleges that on Nov. 27, 2008, Becerra drove his Dodge Dakota pickup truck into Mexico and purposefully left the vehicle in that country and returned to San Jose. On Dec. 17, 2008, Becerra reported the vehicle as stolen to the San Jose Police Department. Becerra claimed the truck was stolen the same day from a shopping center parking lot in San Jose. Becerra then filed a claim with Infinity Insurance Co. after filing the police report.

Becerra signed and dated a stolen vehicle report taken by San Jose Police. Becerra also signed and dated an affidavit of vehicle theft that was notarized by Infinity Insurance. Both forms were signed under penalty of perjury. In both reports, Becerra allegedly lied about the circumstances of how his vehicle disappeared.

Infinity Insurance Co. became suspicious of the claim and asked CDI to start its own investigation. Becerra confessed when confronted with evidence that refuted his version of events and admitted he intentionally drove his Dodge Dakota into Mexico and left it there. Becerra also provided a written confession.

The Urban Organized Automobile Fraud Insurance Task Force is made up of investigators from CDI, the California Highway Patrol and the Santa Clara County District Attorney's Office.

Commissioner Poizner oversees 16 CDI Enforcement Branch regional offices throughout the state. Approximately 2,000 insurance fraud-related arrests have been made by the Department of Insurance's enforcement division since Commissioner Poizner took office in 2007 - more arrests than have been made during any other two year period, under any previous insurance commissioner.

Posted: 15 Jan 2010 11:12 Post Subject:

The other pair I mentioned in the prior post are most likely out of prison by now. They were sentenced to 5 years, but that was back in 2002 or 2003. I'm sure they'll get caught if they try it again.

Posted: 23 Jan 2010 11:42 Post Subject:

Looks like the poster of this article has never come back to respond to any of the posts..

I've GOT to clear up a couple of things...

Collision coverage: This compensates for damage to your (policy holder) vehicle as a result of collision with another automobile or any other object. There is generally a deductible. Even if you are at fault in an accident, this policy will cover the repairing cost of your vehicle minus the deductible. If you are not at fault, then your insurer will try to recover the cost from the faulty driver's insurer.

Collision 'coverage' (NOT POLICY), does NOT cover the collision between the insured vehicle and ANY other with an animal covered under Comp coverage..

Uninsured/Underinsured Motorist Coverage (UM/UIM): Individuals who buy cheap motor insurance are often underinsured and cannot get enough money to pay for losses when involved in an accident. If an uninsured or underinsured or a hit-and-run driver hits you or your family member, this policy will reimburse the cost of damage. .

NO NO NO AND NO AGAIN!!!! First off, these are two completely different COVERAGES..they are not sold together! UM is Uninsured motorist coverage and required by most states...the UM that is required is UMBI, (uninsured motorist bodily injury), and will NOT reimburse you or your family member for ANY covers INJURIES (only) caused by an uninsured driver...if you purchase (separately) UMPD, (uninsured motorist property damage)...then and only then will you get the damages caused by an uninsured motorist covered, (other than the obvious collision coverage)..

You will also be protected if you are hit as a pedestrian. When you buy car insurance compare quotes for UM/UIM from different companies

"IF" the car that hit you is uninsured...UIM, will cover the person and the vehicle damage if the at fault party's limits were too low to meet the loss..regardless of the loss..

Posted: 03 Feb 2010 07:16 Post Subject: car insurance

what will happen to my car insurance if i haven`t pass any accident?

Posted: 03 Feb 2010 12:12 Post Subject:

what will happen to my car insurance if i haven`t pass any accident?

I guess keep trying and maybe you won't "fail" it next time? :?

I have no idea what you're asking...I'll hazard a couple guess' are you asking, 'what will happen to my car ins if I haven't had any accident? You won't get an accident related rate increase...."what will happen to my car ins if I have a past accident?" You'll pay higher premiums than someone who didn't have a past accident.. :roll: :?

Posted: 09 Feb 2010 08:44 Post Subject: Insurance Fraud?

My son is married and living in another county. We still have him on our policy because it cost less. Is this insurance fraud. Can we continue to cover him even though the car is regstered in his name and he does not live with us

Posted: 09 Feb 2010 09:37 Post Subject:

As long on the insurance company knows the "garage" location of his vehicle, I see nothing wrong with this.

Posted: 17 Feb 2010 10:59 Post Subject: insuring a box van

where can I get a personal policy on a box van?

Posted: 17 Feb 2010 11:15 Post Subject:

From any agent.

Posted: 22 Mar 2010 06:59 Post Subject: massachusetts auto ins law?

We have three cars: 2000 toyota, 2002 pontiac and 2008 kia. My husband drives the pontiac, I drive the kia and my 20 yr old son drives the toyota. My insuance company is charging us for insurance based on my son driving the kia. They claim the highest risk driver has to be paired with the most expensive car. Is this true?

Posted: 24 Mar 2010 12:45 Post Subject: insurance claims

was n accident 1 week ago. still have not heard from ins. co. how long till phone call or a check?

Posted: 25 Mar 2010 11:45 Post Subject: u think the judge will make auto insur.. pay?

I was a passenger in dec 08 no fault insur paid bills 6 month cut me off after ime , i was being treated for sacal dysfuntion and soft injuries leading to fibromyalga, and brain injury i have a history of minor pains from work injury in 03 but i contiued to work, also i have a felony and a hitory of cocaine but i've was clean 4 years prior and still clean thank God!! instead i turn my life around got in college stayed on dean's list and 1 year before grad i was a passenger in this accident stop my life.. do i stand a chance with the no fault insurance company? i am still being treat by psy, neuro psy, psyco thearpy, spine bone specalist, primary, scrum being manually put back into place there no surgy for that so sad...

Posted: 30 Apr 2010 05:41 Post Subject: Good info

Very nice site!

Posted: 04 May 2010 02:21 Post Subject: Website

Does anyone have a car insurance site they are looking to monetize?

Posted: 27 May 2010 06:01 Post Subject:

Hi Icebee, it looks like you're asking what factors of insurance claims cause your insurance premiums to go up.  That can vary a lot depending upon who you are buying insurance from and where you live.  Some states have no fault insurance, so a claim shouldn't affect your rate.  You should discuss this with your insurance carrier.  When buying a new policy, the major factors that influence auto Insurance rates are mainly your age, sex, marital status, driving record and record of prior claims.  Not only this but also your vehicle's age, type and the way you are using your vehicle also affects auto insurance rates. But nowadays finding an instant quote online is very easy. For best price you can go for for an instant quote in any state, for example florida car insurance, if that suits you and even buy a policy on the site or get connected with a local agent.

Posted: 05 Jun 2010 10:23 Post Subject: How about the cost of teen driver insurrance

Why, with Driver's Training in High School, and Professional Driver's Training that many young driver's are enrolled in are the rates so high for them?
I can understand an "untrained" teen rates remaining high, but certainly considerations should be applied for those that have taken the training!

Posted: 06 Jun 2010 07:37 Post Subject:

Some states have no fault insurance, so a claim shouldn't affect your rate. You should discuss this with your insurance carrier. When buying a new policy, the major factors that influence auto Insurance rates are mainly your age, sex, marital status, driving record and record of prior claims.

If driving record/record of prior claims is a problem with a new policy, why would it not be a problem with an existing policy, even in a "no-fault" state?

The answer is that prior accident claims, if AT FAULT, are always going to affect your premiums. Notwithstanding the "accident forgiveness" policies of insurance companies. The first one you get a pass, but with the second one, you get the benefit of BOTH, and your rate WILL increase.

Why, with Driver's Training in High School, and Professional Driver's Training that many young driver's are enrolled in are the rates so high for them?
I can understand an "untrained" teen rates remaining high, but certainly considerations should be applied for those that have taken the training!

Well, you sort of answered your own question. Youthful drivers with driver's training courses, 3.5 GPAs, and those who are married get a discount in their rates.

But the fact remains that drivers under age 26 STATISTICALLY have a considerably higher incidence of poor driving behaviors and higher accident rates. Much of it is due to sheer inexperience behind the wheel, the rest often to the "invincibility" of youth.

It was once thought that it only affected those of us who are of the male persuasion, but the most recent studies have demonstrated that females under age 26 are perhaps even more likely than males their age to demonstrate bad driving behaviors.

Until age 26, it's just part of growing up. Risk is risk, and insurance companies who accept it are entitled to be compensated for their acceptance. Those younger drivers who don't get the speeding tickets, who don't involve themselves in traffic collisions, don't see the same increases their peers do.

Posted: 10 Jun 2010 09:35 Post Subject: Credit can affect your auto insurance.

Some States have allowed the use of individual credit to be a determining factor in the issuance of car insurance.

However, two such states, Texas and Michigan have institutionalized state agencies to meticulously govern and manage those insurance bodies. These states have a socialized automobile security plan where individuals having bad credit or low income jobs can obtain economical coverage or liability car insurance.

True, each has rather strict guidelines by which a motorist can qualify for low cost insurance. However, this is a two edged sword! The performance characteristics of every insurance agency and company are meticulously maintained. These involve the speed with which legitimate claims are processed by the insurance company, customer satisfaction (both client and claimant), conformity to state and federal laws. A performance index is issued for each firm and their respective insurance costs are compared with both a state and federal cost per coverage.

Posted: 15 Jun 2010 04:20 Post Subject: u.k. car insurance

I have just inherited an english registered car however the insurance company have cancelled the existing insurance. How can I insure this vehicle until it can be sold.

Posted: 19 Jun 2010 06:10 Post Subject: car insurance policy

Why isn't a grace period between the time you sign a "good faith" agreement and the actuall quote for the consumer to decide if they want to buy the policy? This should be mandatory when buying on line.

Posted: 20 Jun 2010 05:13 Post Subject:

a grace period

A grace period, technically, is the time following the due date of a premium and the time the policy lapses for nonpayment of the premium. In auto insurance, it is typically 10 days.

When purchasing auto insurance online, you need not accept a quote. You are free to obtain as many quotes as you choose to before deciding which to accept. What else do you need?

I have just inherited an english registered car however the insurance company have cancelled the existing insurance. How can I insure this vehicle until it can be sold.

If the vehicle is here in the US, it should be insurable with any company admitted to transact insurance in your state.

Posted: 16 Jul 2010 03:06 Post Subject: what is auto insurance

Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance provides property, liability and medical coverage:

* Property coverage pays for damage to or theft of your car.
* Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
* Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you're financing a car, your lender may also have requirements. Most auto policies are for six months to a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium. you can read more here, (no you removed and PM sent by moderator-lori)

Posted: 08 Aug 2010 05:36 Post Subject: Auto Insurance

Searching for car insurance can be a hassle and a time consuming activity. Making sure you have the best coverage for the least amount of money requires you to shop many different agencies and

compare plans. The best way to make the car insurance buying process go as smoothly and easily as possible is to shop online and request free auto quotes, different companies, plans, and

different automobile insurance rates from the comfort of your home computer.

Comparison Shopping Web sites

Finding an online automobile insurance company is simple. Doing an Internet search for “auto insurance” or “auto insurance comparisons” in any online search engine will bring you results of

companies that offer car insurance and allow you to compare plans and rates with that agency and with their competitors. Have your personal information ready; name, DOB, drivers license, and phone

number as well as the detailed information of your vehicle; make, model, year, and possibly the VIN number. All of this information can be found on your vehicle’s registration paperwork or its

pink slip.

Know Your Budget

How much each month can you afford to sacrifice on auto insurance? How much coverage and what kind do you really want? What is the difference between collision and comprehensive coverage? Do you

need them both? What are your state’s minimum requirements for insurance? All of these things are questions that you will need answers to in order to save yourself the most money and get the best

coverage. Depending on your vehicle, driving history, and past insurance claims, your premium will vary from company to company.

If in Doubt…

… call an agent. If you are lost by the information you find online, choose an agent from one of the web sites and give them a call with your questions ready. If they are a good agent they will

patiently answer your concerns without high-pressure-selling you. Remember, it doesn't cost you a cent to get a quote, and the insurance representative needs your business more than you need to

give it to them if they begin to pressure you into coverage.

When you start your search to find affordable insurance coverage, be patient. There are many of choices out there, some good, some not so good. Do your do dilgance and find out what your state

requires for insurance. Decide how much you can spend on insurance. Decide how much you really need on your vehicle. Start your comparison research online, and if you have any or questions, call

a representative. Do not let yourself get pushed into coverage you do not need by a pushy insurance representative. Keep these things in mind and your patience in check and you will successfully

Posted: 08 Aug 2010 01:08 Post Subject:

If in Doubt…call an agent. If you are lost by the information you find online, choose an agent from one of the web sites and give them a call with your questions ready. If they are a good agent they will patiently answer your concerns without high-pressure-selling you.

[and subsequently]

Start your comparison research online, and if you have any or questions, call a represenitive.

Why not save yourself all the hassle and call an agent first?

D-I-Y may work at Home Depot, although plenty of people have electrocuted themselves trying to replace a circuit breaker or carved limbs off their bodies with power saws, but there are at least four or five times as many inexperienced persons who have tried the D-I-Y insurance route, only to end up in D-I-Y bankruptcy court trying to recover from a collision in which they were at fault and woefully underinsured. All because they did not understand the tradeoff between minimum liability limits and minimum premiums and sufficiently high liability limits with premiums perhaps $20-$40 per month higher.

Working with an agent -- a living, breathing human being who can ask the right questions -- is far more beneficial than merely saving a few dollars that will ultimately by wasted on something with too many calories at a neighborhood coffee shop (or something similar).

Posted: 14 Aug 2010 11:49 Post Subject: When someone sues for more money than your coverage.

Someone is sueing my husband for more than his liability, what can happen to any savings or retirement funds I have as this wife, if we do not settle for the amount the insurance company can pay. Am I protected. Also, what about my husbands retirement and savings, can they touch our future???? :cry:

Posted: 15 Aug 2010 02:08 Post Subject:

Savings are one thing, retirement plan assets are another. Personal savings are subject to attack, but retirement plan assets in a qualified plan are protected under federal law.

Are you represented by an attorney? You don't state what your liability limits were or what the claim against your husband is. It's hard to know what to tell you under the circumstances.

Posted: 19 Aug 2010 01:27 Post Subject: How to do less and get more?

Hi,let discuss this questions?

Posted: 19 Aug 2010 01:29 Post Subject: Hello

I am the new one here now.Nice to meet every one...

Posted: 21 Aug 2010 10:49 Post Subject:

Thanks for sharing about the great idea. It was very helpful for me. Keep posting in this post topic. Thanks

Posted: 28 Aug 2010 03:03 Post Subject: saving

Savings is a good thing ,you can use it when something emergency occur.
retirement plan is good for both oneself and society,so when we are young and strong ,work hard!

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