How To Get The Best Car Insurance

One way - and probably the best and easiest way to get the best car insurance - is to talk to a specialist car insurance broker who will be able to search the market for the right car insurance at a price that is not only cheap but probably the cheapest available. This will save you a lot of time, effort and wasted money. Once you and your broker have decided what type of car insurance cover you need it will not be long before your broker has got you up and running while making a huge saving.

There are certain factors that could have an impact on the cost of your car insurance, for example the number of years no claims bonus you have, the size and value of your car, the average mileage a year that you drive and the extra security features your car has been installed with. Someone who drives a smaller car, with a smaller engine and who has a low average annual mileage will get a better car insurance deal than someone who has got a big car and has got a high annual mileage.

If you have a car that is equipped with enhanced security features recommended by insurance dealers like a car alarm, tracker or immobiliser you will get cheaper car insurance simply because your car will be safer and less likely to stolen when parked and left unattended, in the same way by parking your car overnight in a garage or on a driveway this will also help to reduce the cost of your car insurance.

Every year when the renewal for your car insurance is due do not just renew your car insurance before you talk to a car insurance broker. They will ensure that you get the best car insurance deal again this year. Never take it for granted that the insurance deal you got last year will still be the cheapest this year.

Online Brokers Give You The Cheapest Way Of Buying Your Car Insurance

Buying your car insurance online from a specialist broker is by far the cheapest way of insuring your car, car insurance quotes do vary vastly depending on where you choose to get the insurance from and a specialist online broker will be able to find you the cheapest car insurance in the shortest time possible.

Car insurance quotes are calculated and based on your circumstances and there are some things you can do to help yourself while others, such as your age you don't have much control over. Younger drivers are often faced with hefty car insurance because they are seen as a bigger risk than the more mature driver, however younger drivers can take advantage of a insurers that specialise in young peoples' car insurance. While there isn't much a young driver can do about their age other than wait and build up no claims bonus, there are other ways you can take steps to reduce your car insurance.

If you make your car more secure then it is seen a less of a risk of being stolen, so install the best security devices you can afford before applying for your insurance quotes as this is taken into account. For example you can shave some cost off the premiums by putting in a good car alarm, immobiliser or tracking device in your vehicle.

Your no claims bonus will also help to reduce your motor insurance costs and taking advanced driving lessons will do the same. If you keep your car in a garage or a carport at the side of your home rather than parking it on the street this will also reduce your premiums a little.

Never be tempted to just keep on renewing your car insurance year after year and don't be tempted to take out your insurance from high street lenders without first getting your broker to shop around for you. A specialist online broker will always get you the cheapest premiums for your car insurance.

Shop Around For Cheap Motor Insurance

Whatever you are buying you should shop around for it and when it comes to getting cheap motor insurance then it is essential that you get several quotes for the cover if you want to get the cheapest insurance. Going to a specialist online broker and letting them secure the cheapest deal for you is always the best option and not only saves you a great deal of money but also time.

Insuring your car can be expensive but there are ways you can save money besides shopping around for the cover and best deal possible. There are several ways you can help to reduce the cost of your motor insurance when getting the quotes as the provider will determine the quote based on several factors and one of the most important ways is having the full 60% no claims bonus.

This is excellent for those who have been driving and have built up no claims bonus but for such as the young driver getting cheap motor insurance can almost seem like impossible. It is possible however for the young driver to still be able to make savings if they go with a specialist online broker. All drivers can help to reduce the cost of their motor insurance by ensuring that their car is as safe as possible, this can be done simply by installing advanced security features such as car alarms and trackers.

The quote you get for the premiums for the car insurance will depend on such as the area that you live in, your age, your sex and of course the valuable no claims bonus. You could take advanced driving lessons if you want to reduce your premiums and of course keeping a clean driving record is essential as even one point on your licence can boost up your premiums.

Always go with a specialist broker and let them shop around for the cheapest quotes on your behalf, this is one of the quickest and best ways to get cheap car insurance.

Insurance Policies Provide That Helping Hand

I do not want to say evil things, but most people instinctively think of themselves as immortal. But in reality, we all know that this could happen. Let us not delude ourselves. Accidents are quite common. And if it did come to pass, how would your family survive? Have you ever thought of that? Well, most of us are usually so busy going about our day to day activities that we tend to overlook even the possibility of such happenings. Yet, we can never be sure of what sudden surprises or shocks fate has in store for us. For people who are worried about their family's welfare after their passing on or who would like to take care of their vehicles or valuables while they are still around, insurance is the only sensible option available. If you want a policy, go to a certified agent. This would be a great way of gaining protection and assuring oneself that one's near and dear ones will be taken care of in the event of some terrible event. Theft, accidents, fires - these are just some of the eventualities that you can insure against.

Insurance is all about being prepared for the unexpected. There are some who believe that they do not need a policy. They seem to live with the attitude that nothing will happen. However, what if something terrible does to take place? People who live in a fool's paradise will then be affected badly.

With the present pace of life, you cannot do without insurance. It is most definitely not just a luxury anymore. Every individual should have an insurance policy. Having a life insurance policy is certainly essential. Such a policy will prove to be a great help to them when they or their close family members fall ill or meet with an accident. In order to be able to bear the costs, such people will require external help. And this is exactly what the insurance companies are here for. In some cases, the company will reimburse the costs incurred, whereas in others, they will provide support right away without any delay. When things go wrong, as they sometimes will, you should be able to lean on insurance companies.

Some people are very prone to buying insurance. They value the cover a lot. Then there are other people who regard insurance as an unforgivable expense. Where do you lie on this spectrum? Like with everything else, it is probably wisest to be somewhere in the middle and balance both objectives. Do you not agree? I certainly do.

Do we not spend thousands on getting a great automobile? Surely we want to safeguard it. Thus, getting an insurance policy would become essential. Make sure to read and follow the fine print. If the vehicle gets into an accident, the insurance company will cover it to the extent they promised. And if the person involved in the car accident has health insurance, his injuries will also be taken care of. Insurance is now an integral part of life.

Affordable Car Insurance - It All Depends On You

Affordable car insurance is difficult to find these days. But if you are patient and diligent enough to scour the horizon for that perfect car insurance, you might just be lucky enough to find one.

You will have to do your homework though: canvassing, weighing the options, considering how much premium you can afford to pay and how protected you want to be.

Once you have decided which among the offers you have considered is most responsive to your needs and capability to pay, then that should be what is "affordable" for you. Remember that the term is relative. Thus, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.

Affordable Car Insurance - Weighing the Options

The spirit behind insuring is to buy protection even before you need it. Insurance should give you peace of mind (and this commodity does not come cheap most of the time) so that when you need help, you are assured to get it. Car insurance is required in 47 states. This gives you an idea how important it really is.

Laws vary across the country as to how much protection you should get. It is wise to check your state's minimum requirements. Then if you can afford, you might want to consider optional coverage for extra protection.

You have to consider several factors when deciding which affordable car insurance you want to get. Know that your driving records affect the premium insurance companies will offer you.

If your car is equipped with better, more sophisticated security and safety features, that can also affect the worth of your policy. Of course, the most important consideration is how much you are willing to pay. You will be able to determine this if you read at the fine print, so to speak, of the policies you are being offered.

The insurance packages you will most likely find vary in the protection they offer from mere liability, to collision and on to comprehensive. There are even policies that include medical expenses in case you get hurt in an accident, and help with your car in case an uninsured or underinsured motorist causes the damage.

Affordable Car Insurance - Making the final decision

It is ideal that you get comprehensive coverage for your car insurance. After all, if you want protection, why not go for the most complete? There are comprehensive insurance policies out there that will not bust your pocket. Again, you should be patient and should know where to look.

There are also some insurance companies that offer discount packages if you get both your home and car insurance from them. If you have more than one car to your name, look out also for multi-car discounts.

Do not forget the real reason why you are looking for an affordable car insurance - to save money. But if you are too keen on penny pinching without giving due consideration to what might happen if you are under-insured, you are needlessly putting yourself in a financial risk. Again, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.

New Driver Car Insurance - Tips To Save Money With Your New Driver

As a new driver, expect to pay more for your car insurance than you would if you were an older more experienced driver. All is not lost, however, there are things you can do to take the sting out of the cost of insurance and lower your rate.

1.Vehicle: Stay away from brand new, very expensive, very fast, sport cars. Expensive cars cost more to insure, the more horse power, the higher and the premium. Go for something that is older, with many safety features. Companies offer discounts for features like automatic seatbelts, airbags and anti-lock brakes.

2.Drivers Education: As a new driver, it will help your insurance rate if you take an approved drivers safety course. Chat with your insurance agent before taking the course. You want to make sure that they recognize and approve of the institution offering the class. Aside from getting good driving information, you do want to get the insurance premium discount so make sure that it is one accepted by your insurance carrier.

3.Sober Driving: This is a no brainer, but needs to be said. Driving while under the influence is not only dangerous, but costly in more ways than one. If you are stopped with a DUI, not only will your insurance rates increase, if you are under aged, it is illegal and your insurance company may void your coverage.

4.Student Drivers: If you're a new young driver that is still in school, maintaining good grades (B average or above) may earn a discount of up to 25% of your insurance premium.

5.Talk to your agent. Your insurance agent is aware of various discounts offered by the insurance company. You might qualify for some of them, but you won't know unless you ask.

6.Compare: Get quotes from more than one company. Shop around.

Hang in there. You're only new once; rates will go down with driving experience.

Comparing Auto Insurance Quotes Online

Auto insurance refers to the insurance which is used for insuring the automobiles against any kind of uncertain accidents that may cause damages to the vehicle. The main purpose that the insurance serves is to give protection against the losses incurred due to accidents. Auto insurance is a type of insurance that consumers must buy to protect the life span of their vehicles and also for any kind of damages that the vehicle may suffer in an accident. Auto insurance is used to insure many automobiles such as cars, trucks and any other kind of vehicles that may need it. Different kinds of coverage are available under these insurance schemes such as Third-Party Foreign Theft and Fully Comprehensive insurance, to suit the interest and the needs of the insured.

Before buying auto insurance, it is very important that the person requiring insurance analyses the companies that provide vehicle insurance quotes. Different companies offer different quotes for the insurance of the vehicle, so the consumer must look out for the best one, which suits his needs and which proves to be highly economical. Many companies also give different discount schemes to attract more and more consumers. The consumer can save a good deal of money while purchasing auto insurance by comparing the quotes of different companies and choosing the cheapest one which satisfies all needs.

Comparing the quotes of different companies on the internet for buying insurance provides a wider platform to the consumer, where they can compare quotes from several companies and choose one among them. The main thing about choosing a quote is that the quote need not necessarily be cheap but the company must be an established one which the customer can rely on should they have an accident.

The consumer should not only compare the quotes of different companies but also the company's reputation and their way of service. While comparing, the consumer is more acquainted with the different kind of coverage that are available and can choose among them according to the needs. Buying insurance online is the most popular way of buying insurance because it is really fast and convenient, which suits to the busy life of people who have little time to phone around the various companies to relay the details of the insurance cover they are after over and over again. And the best part is that it is free of cost, i.e. no cost is involved in gathering the quotes online from different companies.

Auto insurances are needed because of the reckless accidents that happen on our roads day after day. These can only be reduced once the certainty of the accidents is reduced. The companies quote their prices for insuring depending upon various factors like the age of person to whom the vehicle belongs, the location where the car is bought and supposedly to be used and also many other factors like whether the driver already has points on their licence. The details regarding the car, like where it is being parked, whether or not it is kept in a garage (which is supposed to have less risk of being stolen) and also the mileage of the car are also deciding factors. If the car travels less than a specific limit of miles then such cars are likely to receive some kind of mileage discounts.

Really Cheap Car Insurance - Starts Here

The best way to make sure you always get really cheap car insurance, or as cheap as you can get depending on where you live, the type of car you drive, and your car's safety features, is to start from the very beginning. This means paying close attention to your driving record.

Once you obtain your driver's license, you will have what is called a driving record. A driving record is sort of like a driver's report card; however, driving records only record the bad grades. Any driving-related jams you find yourself in over the course of your driving career will be recorded on your driving record in the form of points. The number of points you receive for each traffic violation, infraction, ticket, accident, etc. will depend on the state in which you live because each state has its own driver point system.

Car insurance companies look at a driver's driving record when considering whether or not to offer the driver a car insurance policy, as well as when determining how expensive or cheap the driver's car insurance policy will be. Those drivers with stellar driving records are more likely to receive really cheap car insurance quotes than those drivers with several points on their driving records.

By becoming, and remaining, a safe driver from the very beginning, you are increasing your chances of getting a really cheap car insurance quote.

However, if you do develop a blemish on your driving record, you most likely will not be scarred for the rest of your driving life. Most states have systems in which you can lower the points on your driving record. Many states even allow you to choose other options in order to avoid the points altogether, such as taking a defensive driving course. Remember, it is important to take advantage of these point-lowering or point-avoidance options; otherwise, you might find it difficult to get really cheap car insurance.

How To Find A Cheap Car Insurance Broker

When you are looking for a cheap car insurance broker, consider shopping online. There are several benefits to shopping online for anything, and those benefits do not stop when it comes to shopping online for a cheap car insurance broker.


Shopping for a cheap car insurance broker online...


...pretty much ensures that you will get a quick response. Conducting business online is almost always much speedier than conducting business in person or even over the telephone. Of course, after the initial online contact you may feel more comfortable speaking with the cheap car insurance broker over the telephone or in person, which is perfectly fine. Just give him a call; by this time you will be well on your way to getting a cheap car insurance policy.


...allows you to get rates from several different cheap car insurance brokers in the same time - or in less time - than it would take you to get a rate from one cheap car insurance broker. We know how important it is to shop around when we are looking for a cheap car insurance broker. Shopping around online is much quicker than calling or visiting several different cheap car insurance brokers. You may end up spending an entire Saturday doing what you could do in an hour online.


...makes it possible to do some quick, and thorough, research about the various cheap car insurance brokers with whom you are considering doing business. You can read up on the car insurance company's rating from any independent rating company while you chat with your friend about any experiences he or she has had with the cheap car insurance broker in question.


Consider shopping online the next time you are in the market for a cheap car insurance broker. Your search will be much quicker, more widespread, and even more thorough than if you shopped by calling or visiting each cheap car insurance broker on your list.

Very Cheap Car Insurance - It Exists But You Have To Know What To Ask For

When someone tells you that they have very cheap car insurance then you need to be cautious. What kind of insurance profile does that individual have that would give them the benefit of very cheap car insurance? People will often complain about their car insurance rates to a friend or neighbor and too often that neighbor or friend will claim that their insurance is much cheaper. That may be true for a number of reasons. We don't all drive the same cars. We don't have the same driving records. We have different ages of drivers. There are a whole lot of variables in the criteria that make up the car insurance rate.


Rating Criteria


Credit Reports - Most of the insurance companies use credit as part of the equation when setting rates. Some people do not understand the relationship. Actuaries have come up with the statistics that prove credit to be a significant rating factor. There is a stability factor and relationship to accident frequency that coincides with the credit history.


Vehicle Types - This can be kind of tricky. Some newer vehicles actually have better rates than the older vehicles because of all the safety features. Some vehicles have high theft rates. Make sure that you get the vehicle identification number of any new vehicle purchase and give it to your insurance company to obtain your new rate.


Rating Territory - You are stuck with this one unless you move to another geographical area.


Driver Info - The driving records and ages of your drivers will play a significant part in your rate.


Discounts - There are several ways to discount your car insurance. Purchase the home policy with the auto policy to get a multi-policy discount. Good student and drivers training discounts are available to young drivers with some companies. Retirement discounts and discounts for taking a mature driving course are available for senior citizens.


The cheaper rate is really up to you. Do your home work and ask your insurance company a lot of questions.

Online Car Insurance Quotes Offer The Cheapest Premiums

Online car insurance quotes offer the cheapest premiums to be found and of course if you go to a specialist website and allow them to look around on your behalf then you can get the lowest quotes to be found online in the shortest time possible.

Of course there are many exclusions in all types of insurance and it is essential that you read the small print of any policy and know what you are buying and what is covered by a policy. The biggest advantage to going online with a specialist is that you will have access to all the facts and information which can help you to decide which type of insurance is right for your needs, along with getting the cheapest online car insurance quotes possible.

If you want to insure a brand new car then you won't have any other option but to take out fully comprehensive car insurance. Fully comprehensive as the name suggests gives you the most cover and will protect your car and the other party's car if you should suffer an accident which is your fault or the other party's. If you have an older car to insure then third party fire and theft might be a better choice, it doesn't cost as much for this insurance but it will only pay out to repair the other party's car if you should be an accident and of course protects against fire and theft. Third party only will cover the other party's car if you are the cause of an accident but it won't cover repairs to your own car but is the very cheapest way to insure your car.

Whichever form of insurance you choose to take online car insurance quotes are the cheapest way to buy your car insurance and of course you can be assured of getting access to all the information needed to choose the right policy.

Determining Your Auto Insurance Price

Life is like a jigsaw puzzle. You must know all the facts and pertinent information before making a choice. To see the entire picture, you need every piece of the puzzle in its place.

Like the way your Auto Insurance Policy Price being determined, you need some pieces of information or maybe, a common knowledge, as to what the insurance companies are looking for when determining how much your coverage will cost.

There are six major areas that determine your auto insurance policy price. The first is your driving record. A better driving record lowers the total cost of your auto insurance. Avoiding auto accidents, speeding tickets and other driving convictions can keep your clean record that will not cause your rates to be outrageous.

Do a self-check sometimes to see the impact of raising and lowering your deductibles and coverage amounts on the price of your insurance. Raising a deductible lowers your monthly payments while increasing the deductible has the opposite effect. The same goes for the actual coverage amounts.

Studies show that younger drivers are involved in more accidents than older drivers. Inexperience people behind the wheel of an automobile may potentially be involved in a collision. Generally, most insurance companies charge more for individuals under the age of 25.

Thank in large part to theft, vehicular costs and safety records because some cars rate a higher premium over other vehicles. As if it wasn't bad enough, the amount of annual miles you place on your vehicle through driving can increase your auto policy. If you exceed to the total average of 10,00 miles in a year, except a rate increase because you also increase the potential to be involved in an auto accident.

If you live in a big city, you'll pay more for your auto insurance policy compared to those who live in a nice farm out in the country. It's because the city has more thefts and has higher rate of accidents, which lead to higher costs absorbed by the insurance company. It was passed along to the consumer when the insurance companies determine you auto insurance policy price.

Hopefully, this information can help you focus in some areas within your auto policy that you can review you insurance agent in the hopes of actually lowering your auto insurance rates instead of raising them. Now, did you see the whole picture of the puzzle?

Comparing Auto Insurance Quotes Online

Auto insurance refers to the insurance which is used for insuring the automobiles against any kind of uncertain accidents that may cause damages to the vehicle. The main purpose that the insurance serves is to give protection against the losses incurred due to accidents. Auto insurance is a type of insurance that consumers must buy to protect the life span of their vehicles and also for any kind of damages that the vehicle may suffer in an accident. Auto insurance is used to insure many automobiles such as cars, trucks and any other kind of vehicles that may need it. Different kinds of coverage are available under these insurance schemes such as Third-Party Foreign Theft and Fully Comprehensive insurance, to suit the interest and the needs of the insured.

Before buying auto insurance, it is very important that the person requiring insurance analyses the companies that provide vehicle insurance quotes. Different companies offer different quotes for the insurance of the vehicle, so the consumer must look out for the best one, which suits his needs and which proves to be highly economical. Many companies also give different discount schemes to attract more and more consumers. The consumer can save a good deal of money while purchasing auto insurance by comparing the quotes of different companies and choosing the cheapest one which satisfies all needs.

Comparing the quotes of different companies on the internet for buying insurance provides a wider platform to the consumer, where they can compare quotes from several companies and choose one among them. The main thing about choosing a quote is that the quote need not necessarily be cheap but the company must be an established one which the customer can rely on should they have an accident.

The consumer should not only compare the quotes of different companies but also the company's reputation and their way of service. While comparing, the consumer is more acquainted with the different kind of coverage that are available and can choose among them according to the needs. Buying insurance online is the most popular way of buying insurance because it is really fast and convenient, which suits to the busy life of people who have little time to phone around the various companies to relay the details of the insurance cover they are after over and over again. And the best part is that it is free of cost, i.e. no cost is involved in gathering the quotes online from different companies.

Auto insurances are needed because of the reckless accidents that happen on our roads day after day. These can only be reduced once the certainty of the accidents is reduced. The companies quote their prices for insuring depending upon various factors like the age of person to whom the vehicle belongs, the location where the car is bought and supposedly to be used and also many other factors like whether the driver already has points on their licence. The details regarding the car, like where it is being parked, whether or not it is kept in a garage (which is supposed to have less risk of being stolen) and also the mileage of the car are also deciding factors. If the car travels less than a specific limit of miles then such cars are likely to receive some kind of mileage discounts.

Easy Steps To Lower Your Auto Insurance Quote

It was not too long ago when contracts were made on a handshake and a promise. Individuals were not particularly concerned with things like insurance because they relied upon the goodwill of their neighbor to compensate them for wrongful damage. For a variety of reasons, including an increase in the speed and cost of auto wrecks, auto insurance soon became an important purchase for responsible individuals. Not long after, the federal government mandated that auto insurance be carried, at least minimally, by all car owners. The increase in the need for auto insurance over the last 10 years has led to increases in the complexity of insurance, while at the same time, amplifying the need to be more cost conscious in auto insurance purchases.


Buying auto insurance today requires as much dexterity as buying the automobile itself. It is important to know the factors that an auto insurance company considers when offering quotes. This will allow you, as the consumer, to know what steps you need to take in order to qualify for a lower quote. The five easy steps to a lower insurance quote are:

1. Portray yourself as a 'safe' candidate: Insurance companies are interested in managing risk. Consequently they offer drivers who are less likely to get into wrecks or at a minimum into wrecks of less severity, a lower insurance quote.


-Maintain a clean driving record, free of traffic violations or accident claims.

-Install anti-theft devices in your vehicle.

-Attend a Drivers Safety Training program.

-Buy a 'safe' vehicle. The National Highway Traffic Safety Administration (NHTSA) and The Insurance Institute for Highway Safety together collect information on safety related aspects of different vehicles. Buy an automobile that is officially designated as 'safe'.

-Park your vehicle in a garage.


2. Show your Credit worthiness: As a risk management entity, insurance companies are also worried about getting paid on time. If you can show yourself to be credit worthy, there is less risk of you not making your payments on time, thus warranting a lower rate.

-Maintain a good credit score and clear up any errors on your credit.

-Cut down on the total number of outstanding credit cards to 2 or 3.


3. Practice Financial Wisdom: The way in which you structure and pay for your policy can lower the risk that an insurance company faces with respect to you as a customer. By taking steps to lower their risk, you receive a lower insurance quote and policy.


-Buy an annual policy instead of a six monthly coverage to get you a lower rate that remains the same for a year.

-Opt for automatic payment deductions from your bank account or your credit card to avoid getting charged for mail payments.

-Increase your deductibles on comprehensive and collision policies to reduce on the rates.

-Get loyalty discounts by buying your home and auto insurance from the same company.


4. Assess your Insurance Needs accurately: This is obvious, the more coverage you get the more it will cost you. Add-ons are killers in the insurance business, strip your policy down to just the minimum of what you need.


-If your vehicle is not used much or you have an old car with little market value, opt for minimum liability alone. It will cost you less.

-After fulfilling the legal mandate on auto insurance, insure according to your needs alone.


5. Other wise things that you can do: There are a number of other considerations that go into your insurance quote. Some of them are not reasonable steps to take, while others you can do with little effort which can translate into substantial savings.

-If your car is used only for a particular purpose, make your agent aware of it, as this will limit the cost.

-Students that make good grades are often eligible for a discount.

-Give up smoking; it can help you get better quotes.

-Change your occupation if you can help. A delivery boy carries a higher risk than a storekeeper.

Determining how much Auto Insurance Coverage you Need

Auto Insurance Bodily Injury (BI) Liability and Property Damage (PD) coverage is Legally required in most states today. (BI & PD) Most people understand that they need BI and PD, but they have no idea how to determine how much coverage they need.


Try this simple question: What if your car was involved in an auto accident tonight where heaven forbid, someone else was injured or killed? Remember, everything you own is in the back seat of the car with you and is at risk in a lawsuit! So, what do you think their family would sue you for? $15,000? $25,000? $100,000 or even maybe a Million dollars! Where would you get the money to pay them?


Perhaps the Equity in your Home would help? How about your Savings and/or Investments? You could even have up to 25% of your wages attached to pay the award in most states! Are you prepared to sacrifice everything you own to pay an award due to this accident? If not, read on for how to choose the auto insurance coverage you need.


2: You and Your Family:


Now let's turn the above accident around. For some unfortunate reason, you or a loved one is the one who is injured or killed in an auto accident. Where would you get the money if the person who hit you did not have auto insurance or not enough auto insurance? Medical bills can be covered if you have health insurance. But health insurance doesn't cover loss of life, pain & suffering or permanent disability.


Maybe you have a life insurance policy through your employer or your own individual life policy. Is the benefit amount sufficient to cover your family if your loved one is killed? But even if you have life insurance, what pays for the misery, the pain and suffering, maybe the fact you or a loved one can't walk or use their arms again?


You might have a disability insurance policy through your work if you're lucky or had good financial advice. But disability insurance doesn't pay for loss of life, pain & suffering, permanent loss of your legs, arm or hand.


The only coverage that pays for these things is a part of an auto insurance policy known as Un/Under-insured motorist coverage. You can only buy as much coverage here as you have in Liability coverage. Your auto insurance agent should be able to help you determine the exact amount you need.


3: Your Car


Comprehensive and Collision Coverage are the third part of an auto insurance policy and are sometimes referred to as "Full coverage." Basically the difference is this: If you run into the tree you are covered by Collision coverage. If the tree runs into you (hypothetically of course), then you are covered by comprehensive coverage. Comprehensive also covers broken windshields, fire, theft and vandalism. The higher deductible (risk) you take here, the lower the premium. Use the savings here to purchase higher limits in the coverages that protect your assets and your family.


The bottom line to determining proper auto insurance coverage is, of course, the money available in your household budget. An excellent place to start in determining the proper auto insurance coverage for your family is to meet with your local auto insurance agent.


Most cut-rate companies concern themselves with one thing only: Price. Tell them what coverage you have and they'll see if they can give you the same coverage for less. You become the insurance professional. If this is the only need you have then that is ok. If not, you need to seek the advice of a professional to help you determine the proper amount of coverage you need and how best to accomplish it.


Review these tips for auto insurance coverage to make sure you have enough to protect your family.

Car Insurance - What Is Liability And Collision Insurance?

You know full well that it's the law, but you've been driving around without car insurance for a while now. Why? Car insurance is of supreme importance to any driver, no matter how good you think you are. Accidents happen, plain and simple, and you need to be protected in case it does. Not all car insurance is the same, though, and you may be a little confused as to the concepts.


The first term you need to know is liability car insurance. This covers you from claims arising from an accident where there's bodily damage or damage to property. Generally, there are three main sections of any liability car insurance policy: bodily injury liability coverage, liability coverage for damage to property, and uninsured coverage. The first type of coverage protects you in the case of an accident, for which you are at fault, and others have been injured. Your liability car insurance company will pay any legitimate claims for medical expenses or lost wages. If you've run into someone's wall, or the side of their house, you'll need liability insurance for property damage, which will pay for repairs. In the instance where you are not necessarily at fault and the other driver does not have liability car insurance, you are protected by uninsured, or under-insured, motorist coverage.


Liability car insurance is not the same as collision car insurance. As you can see, nothing was mentioned about fixing your car in the above description. That's because it's not covered under a simple liability car insurance policy. You'll need collision car insurance, unless you're willing to pay out of your own pocket. Collision car insurance covers repairs to your car in the case of, you guessed it, a collision with another object. If you're one of those people who gets their kicks by running over poor, defenseless animals, this coverage isn't for you. You'll need comprehensive car insurance to fix that cracked headlight.


Generally, you can choose you're deductible rate, i.e., the amount that your car insurance company will pay out to repair your car. Typically, the higher the deductible, the lower the car insurance premium. You will definitely need collision car insurance if you are leasing a vehicle, if you own a fairly new car or if you are making payments to a finance company. Owners of much older cars may want to skip this form of car insurance altogether. If your car is totaled, the car insurance company will pay you that market value of your car, minus the value of your deductible. If you are able to absorb the cost of replacing your car yourself, you may want to forgo this.