Category Archives: Car Insurance

Car Insurance Coverage Limits You Should Have

Car insurance is a serious decision that people have to make to drive a car. Insurance agents will always suggest to take out as much coverage as possible to protect you and your car. However, since you car insurance policy offers various types of coverage, it is a good idea to know what are the limits that you have. Talk to the insurance agent and explain to him or her that you need to know in detail what the benefits are for each of the clauses on the car insurance policy that you have decided to take out.

Car InsuranceRemember that a standard car insurance policy may include as much coverage as you need, hence your car insurance could be considered a collection of different coverage policies to protect yourself and your car at different events and circumstances with different limits, as well.

Different Clauses, Different Coverage Limits

Car insurance includes the cost of medical care for the passengers traveling aboard in a car in case of an accident. Medical expenses have a limit of $ 2,000 for each traveling companion.

Personal Injury

Protection is usually required by law in several states of America and covers all medical expenses for you and your passengers independently of whoever was at fault in a car crash. In this case, the limits are determined by each state and insurance companies abide by them, including the corresponding state limit for this coverage.

Liability for Bodily Injury, is another concept included in car insurance, and pays for personal injury that the driver or traveling companions suffer. However, the limits for this coverage varies from state to state and also include liability coverage in the case someone sues you. Thus limits can be as low as $10,000 per individual traveling in an insured car, to $20,000 when the driver is injured in such accident.

Uninsured and Underinsured Motorist

Coverage are another add-on clause to your standard car insurance that protect you when you are involved in an accident where the other driver is responsible, but he or she does not have enough insurance, too little, or none. The limits of this coverage matches to the limit of your own coverage, although in some states, is limited to personal injury only, while in others may include damage to your car. Limits in this case are regulated by state law.

Comprehensive coverage pays the cost of damage to your car that is not caused by a collision, including fire, burglary, etc. More than limits, the coverage is based on deductibles versus premiums. The higher the deductible chosen for your policy, the lower the premium.

Finally, Collision coverage pays for damage to your car in the case of an accident. Similar to the comprehensive coverage, the limits are regulated by deductibles and premiums. Deductible limits usually range from $250 to $1,000, but are worth it if you have an expensive car, although this coverage is optional and not required by law.

Tailored Coverage

If you are concerned about the different insurance limits, deductibles and premiums, remember that all of the above coverage is optional and you can get an insurance policy tailored to your protection needs and within the limits that you expect to pay and get paid in the event of an accident.

Ways to get your current car insurance changed to cheap car insurance

There are many of us who are paying high premiums on their current car insurance and are searching for cheaper deals. The list below will help you in obtaining cheap car insurance, not only in terms of quality but one that easy on your wallet also. Go through your savings thoroughly and while searching for a new car insurance policy, or to change the existing plan, this list will come handy.

Most of the new cars come with theft devices. Some cars have automated devices while others have to be started at the touch of a button. If you have this facility in your car, then you don’t have to pay high premiums to the insurance company for theft protection.

If you are getting insurance for more than two cars, you can pay the same price as insuring for one. If it is not the same price, then you should not have to pay the same price to the insurance company on getting the insurance for the first one. Check with your insurance agent while getting your online insurance quote and make sure that you get some discount on the insurance of the second car.

While choosing the payment tenure of your premiums, always insist on making payments on a yearly basis. This will extend your savings on your car insurance. Purchasing a yearly policy instead of a six month policy gives you a rate that cannot be changed for one year vs. changing every six months.

While getting the online insurance quote, look for the comprehensive coverage during the storage time, just in case if you have to store your car for a definite period of time. You will save more on your car insurance by only keeping comprehensive coverage during the storage time, because it is very unlikely you car will meet with any kind of possible collision or need the liability coverage.

Keep checking your mileage. This is a great way to get cheap car insurance. If the distance between your office to work is very short, it is going to affect the cost of the insurance policy.

You can get group discounts on your car insurance if you are a part of certain organizations like, credit unions, college sororities, or just having a certain credit card. Check with your insurance company for the list of organizations they are affiliated with

Many car insurance companies will charge you a fee for mailing payments, but this service will become absolutely free if you authorize automatic debits from your checking or savings account, or you can make payments by a credit card also.