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Avoiding Increases in Auto Insurance

If you receive an update from your provider about an increment in your insurance premium, you can reduce the rates by taking some few steps. When your insurance rates are going up, don’t worry yourself, these tips will help you avoid a rise in your insurance rates and get lower rates.

1. Safe Driving

Although this sounds common, so many people are ignorant of the role their driving manner plays in determining the amount they pay as premium. The tickets you have gotten and the severity of those infractions you have recorded are key factors. Avoid the tickets if you must reduce your insurance bills. Ensure you remove any ticket you have gotten from traffic school. If all you have is a single infraction, that won’t get your rates up. On the other hand, multiple incidents, especially when you are at fault, will cause your rates to jump up quickly. Hence the need for careful driving; always have safety in mind.

2. Avoid Drinking and Driving

The fastest and easiest way to boost your premiums is by obtaining a DUI. Every year, thousands of people lost their lives to alcohol-related auto crash. And this translates to huge claims being paid out to policyholders for the at-fault driver’s carelessness. If you wish to cut down your rates, then don’t drive after some drinks; even if you think you are OK. The risk is not worth taking; you may be creating an instrument for a rise in your insurance cost, as well endangering your life and those of other innocent road users. While you may have an increase in premium for DUIs for some insurers, others will terminate your coverage for the first violation. If you wish to maintain a low rate, avoid being drunk while driving.

3. Maintain a good Credit Rating

When a lot of people notice an increase in their premiums, they are confused, because they can’t trace the cause. Even after contacting their insurance providers, they are given a general response which does not resolve their confusion. This premium explosion can be traced to your credit ratings. Insurance companies take cognizance of these scores in calculating your premiums. Although some people think it is unfair, that wouldn’t stop the trend; if your credit score is low, so you should act now. Evaluate your credit score, immediately remove all wrong items and this will improve your rating. Then, you should also clear off your bills as at when due and reduce your debt profile. You will enjoy both a more robust financial wellbeing and reduced insurance rates.

4. Your residence determines your Auto Insurance Rates

Your Auto Insurance Premium is determined, among other factors, by your zip code area. If you wish to relocate, first carry out a survey for some insurance rates before you finally decide. Clearly fill in the information of your car and your Zip Code and you can have your rates in less than 5 minutes. Urban areas attract higher rates which are as a result of the greater possibility of accidents and car thefts. So, relocating from a city to a suburb might reduce your insurance rate by 10% or more.

5. Get Cheaper Quotes Online

After trying all you could to cut down your insurance rates but still to no avail, keep calm. The best thing to do now is to check online and make some comparison on different auto insurance rates. The list comprises of top competing firms with their direct rates. It is highly recommended to save money and time; do direct online shopping. A lot of policyholders have testified of saving over $500, and they are also impressed at the easy and fast procedures. Get a free custom quote now; you stand to lose nothing!

Why Can a Total Loss Claim Take What Feels Like an Eternity to Settle

When a vehicle is written off can be horrific. It may even be terrifying.

Did you know that there genuinely are one million and one ways to have a vehicle declared a total loss. From fire, flood, accident, theft and everything between. From the outside looking in, some reasons many seem humours, however we can never lose sight of the fact that in some cases the scenario that leads you to make a claim can at best be described as “heart braking”.

We know only too well that when it comes to making your gap insurance claim we can never presume to know that it is an easy experience. We completely understand that time is also of the essence. In some cases you may be without transport. Depending upon what you use your vehicle for this may even mean that you are unable to work.

So if everyone understands the urgency and the need for tact when dealing with a gap insurance claim why can it take so long?

The simple and most common reason is that no gap insurance company can ever process a claim or pay a settlement until your own motor insurance company have confirmed that your vehicle is going to be declared a total loss.

If your vehicle has been stolen some motor insurance companies can impose a time delay during which time they await to see if your vehicle is going to be located. This can range from a few days to a few weeks.

This means that in most cases it can be quicker for your motor insurance company to declare your vehicle a total loss if it has been damaged. The simply explanation being that this will mean that they have a physical tangible asset which they can rate and make factual decisions based upon their findings.

Certainly the gap insurance and total loss policies which tend to be available online tend to have a stipulated time frame in which they commit to settle your claim. Please remember however that this time frame which only come into action once confirmation that your vehicle has been declared a total loss has been given by your motor insurance company.

So what can you do to make sure that your gap insurance claim is settled a hyper speed? We think our five point plan may help.

  1. Buy a gap insurance policy from a reputable source.
  2. If possible try to find a policy which sets out in black and white how long it will take to settle your claim. (Not just in the marketing but physically in the policy terms and conditions.)
  3. It may save a lot of time if you allow the two claims teams to liaise with each other rather than trying to do everything yourself and then having to relay information back and forth between the two sets of claims teams.
  4. Read your policy documents and make sure that you understand exactly what is and what is not covered should you ever have to make a claim.
  5. Get your paper work in order. By this we mean take copies of important documents such as insurance certificates and invoices. If necessary request financial settlement letters.

Last but not least if you are not happy about the length of time your claim is taking talk to your provider. The gap insurance market is very specialised and certainly from our perspective reputation is everything. This means that no provider can and ever should ignore an unhappy or concerned policy holder so let your provider know what is happening they will ignore you at their our peril.

Most Affordable Vehicle to Insure

Reports by renowned publications like Forbes ranks 2015 Wrangler Sports Jeep as the car with the lowest average yearly insurance rate in The United States. According to research by some online research team, the same car also ranked as the car with the cheapest insurance rate. The study conducted by Forbes was carried out on a middle-aged driver who goes on an average drive of 12 miles daily.

The annual cost was averagely about $1,135; which is about $100 monthly. This is, of course, good news for owners of this model that is fun to drive. For prospective buyers who are still contemplating whether or not to acquire the 2015 Wrangler Sports Jeep, these incredible rates are good enough to convince them to go for the brand. All over the US, Maine had the lowest prices for the brand model with an annual bill of about $700, which translates to less than $60 monthly as the premium for a new car. A lot of consumers will appreciate this rate as a result of the recent rise in insurance rates.

Jeeps like Patriots and some other brands had good scores in the research for cheap vehicle insurance rates, ranking among the ten most affordable cars to insure. Many people would wonder why it is relatively inexpensive to insure a Jeep. You may be amazed at the reason: Experts attributes the cheap cost to the engine designs; they are relatively inexpensive to repair and are easily customized, unlike other SUV. These autos are usually not severely damaged in accidents, and its drivers have recorded low mortality rates. Apply for an online quote today with any insurance company for free and find the dramatic reduction in premiums.

The safety of off-road vehicles and the likelihood of accidents are the concerns of many people. In my opinion, vehicles are like guns, and they function at the dictate of the user. A jeep, if recklessly driven can be dangerous, but when controlled by a responsible driver, it is entirely safe. A driver who drives at top speed, making sharp turns at critical angles can cause a fatal crash that may even lead to the death of passengers.

One nice thing about a jeep is its safety features like dual airbags and solid frame. Also, it can be driven on any terrain, from sand to snow, and this makes it lot safer than small cars. Just like every other car, Jeeps also have limits, and so one must take caution while driving, however, you are free to have fun with your ride. Having these low insurance rates in mind, you can go out there on some more explorations and be adventurous! For years, the producers of these famous cars, The American Motors, gave a picture of these cars as an icon of liberty, freedom, and adventure. If you own a Jeep, then try out some routine four wheeling and have that incredible aura that comes with a Jeep.

Getting Cheaper Wrangler Jeep Rates

Do you know you can get cheaper insurance rates for your Jeep? Check out these tips and save more.

· Combine all your cars

You will get as high as 10% discount for insuring all your cars with an insurance company. This saves you extra bills, making insurance a little easier. You may also want to combine your vehicle and home and save some real cash. Bundled rates are mostly cheaper than purchasing separate coverage from different insurance firms.

· Boost your Credit Rating

Improving your credit score helps you get cheaper insurance rates. Insurance providers are now emphasizing on individual credit rating in calculating insurance premiums.

· Direct Shopping with Insurance Companies Online

It’s no longer news that the web offers incredible deals; same applies to vehicle insurance. Today, virtually every individual has access to the internet, so no excuse is good enough for not shopping online. Purchasing coverage directly from providers can save you as high as between 5% to 20% less the cost from local agents or brokers.

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Classic Car Insurance and More Tidbits

Funny, isn’t it – how an old car is only attractive if it’s considered antique or classic? For the classic auto enthusiast, the interest is more than a simple hobby. For most, it’s a passion that perhaps even supersedes the passion of an ATV, motorcycle, truck or even boat owner. It’s a pastime that involves homeowners, renters, landlords – and the full spectrum of society.

To this type of auto fan, it becomes an obsession that should flood his or her free moments – especially weekend time. So, for all of you that insurance companies write policies for – this is for you and your wonderful craze!

Exceptional Fun Facts for the Antique and Classic Car Lover

• Do you know the difference between the automobile term, horseless carriage, and the term vintage car? A horseless carriage is in reference to the antique cars that went public from 1896 to 1915 and a vintage car refers to cars made between the years 1916 and 1925.

• See if you can guess this one! How many Barracuda convertible cars were produced in all? The grand total will set you reeling: there were seven in all!

• If you managed to come up with the answer to the above, see how well you do on this one. How many 1940 Dual-Cowl Phaetons did the manufacturing auto company produce in all? The modest answer is six!

• The great and oftentimes revered Mustang car was initially presented by its manufacturer in the year 1964.

• Though car fans usually are associated with the color red, the very first Camaro car was actually bathed in the color black. (Black is beautiful, right?)

• Ever wonder where the English dictionary came up with that great word we reference to the car? Automobile is actually two words that are blended together. Auto means oneself and mobile means the ability to move. Hence, an automobile is that wonderful invention that allows an individual to travel via driving maneuvers!

• The renowned auto company began mass production of its reasonably priced Model T automobile in the year 1913.

• If you view movies about Fidel Castro’s dictatorship, you will be led to believe that the natives only drive classic cars. The reason for the large amount of older cars on the streets of this Latin American country is due to the infamous US Trade Embargo of 1960 that resulted in no new trade of automobiles between the nations.

• Want to know about cheap auto insurance for your classic vehicle? Talk to an experienced independent insurance agent. He will demonstrate how to choose the appropriate policy according to your driving needs and mile accumulation as well as other factors.

Great Ways to Save on Car Insurance

Great Ways to Save on Car InsuranceCar insurance will vary depending on things such as your driving history, your location, the cost of your vehicle, and the gap between your coverages. The right policy is as important to owning a vehicle as regular maintenance. If you happen to get into an accident without an active policy, you are at risk of paying millions in damages. Even a $5,000 penalty could be detrimental to some individuals and families. This is why choosing the right company is crucial for your legal, financial, and personal well-being. Now that we all know why we need car insurance, we need to know what are some important ways to save.

Eight Smart Ways to Save

1. Compare Policy Rates

Prices differ significantly from company to company. Take the time to explore as many options as you can before deciding on one.

2. Choose the Higher Deductible

If you can afford it, choose the higher deductible and pay less each month for coverage. A deductible is the amount you have to pay before your provider will cover the rest of your bill. A higher deductible can significantly lower your monthly bill.

3. Consider Carpooling

The less you drive, the less insurance companies charge you.

4. Buy Only What You Need

What you need for a new model is different than what you need for an older automobile. If your car is an older design, it might warrant you dropping the collision coverage.

5. Combine Your Homeowners/renters Policy

Combining other policies with your car insurance is an effective way to get the most discounts. Car insurance is considered the riskiest investment, but if you combine it with a safer investment, your monthly bill will go down.

6. Get a Tracking Device

It records your driving history-speed, abrupt stops, travel times, distance-and after the first year, you can get reduced rates if you have been a safe driver. You can save as much as 60 percent!

7. Take Care of Your Credit Score

Those with high credit scores may get lower rates as they are considered as less risky choices for providers. Pay all of your bills on time and check your score to stay updated.

8. Take a Defensive Driving Course

By taking this one-time course, your provider might be able to give you a discount.

Of course, low cost should not be your only deciding factor. Simply choosing the cheapest policy on the market is not a smart decision. When comparing different providers, make sure to read about their history, how well they understand the industry, and how much they focus on building relationships with their clients. All of these are important factors in finding the right company. Not only does the policy have to sound good on paper, but you should also be able to personally trust and believe that the car insurance company will be there for you when something unfortunate happens.

Do An Auto Insurance Comparison And Benefit From The Savings

It is very important to do an auto insurance comparison when you need insurance for your vehicle. Even if you are happy with the quote you get from your regular auto insurance company, it helps to shop around just to make sure you are getting the lowest possible rate. It is not hard to do an auto insurance comparison when you do an online search. There are many sites that will give your side-by-side quotes from at least three insurance companies and often you can get as many as six quotes.

You can get as many quotes as you want to compare one auto insurance quote to another. All you have to do to get an auto insurance comparison is fill in the online form to request a free quote for the coverage your want. On thing that you have to make sure of when doing an auto insurance comparison is that you are comparing quotes for the same type of coverage.

The price is not the only factor to look at when you do an auto insurance comparison. You really have to look at how long this company has been in business. When you compare an auto insurance quote you may find that newer companies are offering much lower quotes just to get your business. While this may be great, it is very likely that the rates will go up the following year, leaving you scrambling for another insurance company with a cheaper rate.

If you don’t have any traffic violations or convictions you won’t have any difficulty getting a good price when you compare auto insurance quotes. If you have had several accidents, then you may have to do an extensive auto insurance comparison to find one with a price that suits your budget. This is because your record of accidents puts you in a bad risk category and that drives up the rate.

Experts advise that you should always ask for free quotes on auto insurance from different insurance agents well in advance of the expiration date of your present insurance. This gives you plenty of time to do an auto insurance comparison and to contact the company to ask about any discounts that may apply to you, such as a military discount. Then when you have done your auto insurance comparison you are better informed when you sit down and actually pay for the policy. You know what specifics to ask questions about and some of them may surprise the agent you deal with.

Do an auto insurance comparison, you may be surprised.

Strategies To Reduce Your Car Insurance Premiums

Your latest car insurance bill has arrived and it is not a pretty site. In fact, it is downright ugly! What can you do? Must you remain hostage to the ever spiraling rate increases foisted upon you when your policy renews? In a word, no. Let’s examine five strategies you can practice today to help reduce your car insurance premiums immediately.

1. Shop For A New Policy. Even with “loyalty discounts” in place, many consumers will find that a competing company will offer significant savings over your current plan. This especially holds true if your state recently opened up the market to invite more competition in.

2. Change Your Coverage. If your vehicle is old, you many want to consider dropping collision coverage. Your comprehensive coverage may also be due for reexamination. Finally, make sure that there aren’t duplicate costs included such as towing insurance if already offered through your automobile club.

3. Family Status. You may be paying more for your insurance if your policy shows that you are single when, in fact, you were recently married. Rates are generally lowered for married folks as well as those over a certain age.

4. Up Your Deductible. You can realize instant savings by raising the deductible you are willing to pay. Maybe you don’t need a $200 collision deductible when $500 is sufficient.

5. Get Security Discounts. If you park your car in a locked garage and/or have an alarm system installed make sure that your insurer is aware of this as your premium will be adjusted downward.

Ways to Lower Your Auto Insurance

Nowadays, auto insurance is really expensive. A typical insurance policy can cost a few hundred dollars to a few thousand dollars a year. And the insurance rates you pay are hugely dependent on the insurance company or agent, your age, your car type, your driving record, and even the area you reside in!

You should never go without auto insurance though, despite the costs. Almost all the states require you to protect yourself with a minimum amount of liability coverage. Naturally, the bare minimum is not adequate enough for the average car owner. And as you add in additional coverage for your car, you realize that you will be paying a fairly large sum annually.

So, understanding auto insurance can actually help you to decide on a suitable insurance policy that won’t vacuum clean your wallet! Here, we have gathered 10 of the best tips for lowering your auto insurance, by as much as 40%!

Always compare insurance policies. There are states which regulate auto insurance rates, but the insurance premiums can vary by hundreds of dollars for the exact same coverage. It is definitely worthwhile to shop around. The first thing you can do is to check with your state insurance department. They often provide information about the coverage you need, as well as sample rates from the biggest companies. You can also ask your friends or look up the yellow pages. Checking consumer guides and asking insurance agents can pay off as well. You can easily find out the price range for your insurance policy, as well as discover the lowest prices in town.

However, you should not be shopping based on price along. The insurance company should provide good service at the best price. Excellent personal service is available as well, and they provide added conveniences, although they cost a fair bit more. Ask the company how you can lower your costs, and also check their financial ratings. The rule of thumb is always to get three price quotes from three different companies, and pick the one with the best value.

It can also be a good idea to increase your deductibles. When you file a claim, the deductible is the amount you pay before the insurance company pays for the rest of the damage. A higher deductible on collision and comprehensive coverage can lead to a much lower premium. For example, increasing your deductible from $200 to $400 can reduce your premiums by up to 25%. However, you must ensure that you have the financial resources to handle the largest deductible when the time comes.

Remove certain types of coverage from your policy. Almost all the states require liability coverage for your car, but the rest of the coverage is probably dispensable. However, you do not want to be underinsured if you’re in an accident, so it isn’t advisable to remove all of your additional coverage. Optional coverage includes medical payments, uninsured motorist, collision, and comprehensive coverage.

Drop collision and comprehensive coverage for older cars. If you drive an older car that’s worth less than $2,000, it’s probably more cost-effective to drop collision and comprehensive coverage since you’ll probably pay more for the coverage than you’ll collect for a claim. You can find out the worth of your car by asking auto dealers and banks.

Make sure your credit report looks good. Car insurance companies often look at your credit history as there is a correlation between the risk to the company and your credit history. If you pay your bills on time and maintain a good credit history, you can enjoy lower insurance rates.

Drive less. Insurance companies often offer low-mileage discounts to motorists who drive less than a predetermined number of miles each year. You can use public transportation more often, car-pool with friends, and take the train or a plane instead of driving to another state. And you’ll save on more than your coverage as you’ll need to spend less on gasoline (of which prices are incredibly high).

Maintain a clean driving record. The company will give you a price break and you can save on your insurance policy after a specified period of a clean driving record. This means that you have no accidents, no serious driving violations etc, during this period of time. The simplest and surefire way to qualify for this discount is to drive carefully and defensively all the time.

Choose a low-profile car. Insurance rates vary among difference models of vehicles. Generally, sports cars and high-performance cars tend to cost more to insure, mainly because they represent more risk of theft and the drivers are often the people who drive more recklessly. Newer cars will cost more to repair or replace than older ones, so naturally they can more to insure. Low-risk vehicles include station wagons and sedans.

Ask about safety and security discounts. The insurance companies sometimes offer discounts on your insurance if your car is equipped with the following: anti-lock brakes, air bags, automatic seat belts, car alarms, tracking systems. These reduce the injury risk to you, as well as the chances of your car being vandalized or stolen.

Finally, ask about other discounts. You may receive a discount if you buy more than one type of insurance from the same company or if you insure multiple cars under the same policy or company. You may also receive discounts for taking a defensive driving course, staying with the same company for a few years, being a driver over 50 and good-student discounts. If you already have adequate health insurance, you can also eliminate paying for duplicate medical coverage, thus lowering your personal injury protection costs by a substantial amount.

Vehicle Insurance Online is a Convenient Way to Get Insurance Cheap

Online comparison shopping is a convenient way to get cheap insurance for your auto. For the last few years, insurance companies have been dropping their premiums annually because of lower accident rates and increased competition. So, with a few clicks of the mouse, you can save hundreds of dollars a year on your vehicle insurance.

Compare at One Site

Once you have gathered information about your car, driving record, and personal information, you can enter the information once at an insurance comparison site and get instant quotes from several different companies. These sites give you side by side comparison of the same coverage plan from several different vehicle insurance companies for free.

Check Around

It is also a good idea to go to a couple of insurance comparison websites to find the best deals. The same insurance company may offer different rates at different websites.

Look at the Deductible

Another way to get a cheaper quote is to change the coverage plan by raising the deductible or reducing coverage. Both options can save you hundreds a year, but you need to have the financial resources for such a risk.

Receive Information Online

Once you find a price and plan that interests you, you can select it to receive more information from that insurance company online or through the mail. After an insurance agent has time to look over your information, they may be able to offer you an even lower quote.

Check Any Time

Besides comparing quotes from vehicle insurance companies, you can also apply for insurance online at any time that is convenient for you. You can start your application, stop for a snack, and finish it later on. If you prefer, you can also schedule to talk to someone over the phone or at an office.

Check Often

A yearly check of vehicle insurance rates is a good practice. Increased safety features in cars and aging baby boomers have resulted in a drop in accident rates. With increased competition, insurance companies have been pressured to reduce their rates and pass the savings on to you. This is a trend likely to continue for some time.

Car Insurance For College Students

As your child leaves for college, many thoughts may run through your head. One of the last thoughts is probably about your auto insurance, but it is a necessary thought. Many colleges do not allow freshmen to have cars on campus, yet over two thirds of the rest of the students have cars. So what are some of your options regarding your auto insurance coverage on your child’s car?

The first option, which may make you a little less popular with your child, is to leave the car at home. Discuss this option with your broker or agent, as you could be eligible for a discounted rate if the title of the car is in your child’s name, no one will be driving it, and your child will be more than 100 miles away from home.

Now, there are some reasons to allow your child to bring the car to school, including a job, living off campus, and even just the pouting face of your college student. If you should allow your child to take his or her car to college, then you should first notify your auto insurance company that the car will be housed in another location. Be prepared, though, for a change in your premium, as it can increase or decrease depending on your auto insurance company.

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