Stephanie : What is no fault under auto insurance?
Response: No-fault auto insurance refers to medical coverage which you are required by state law to carry on your automobile insurance. Not all states have “no-fault” statutes, though almost all insurance companies sell some type of medical coverage for their auto policies. Basically, if you have an accident for which you aren’t at-fault, and you live in a “no-fault” state, your own insurance must pay for your medical bills. The “no-fault” part comes from the fact that even though someone, say, plowed into the rear of your car while you were stopped at a red light, your own carrier must pick up the ambulance, hospital, rehabilitation and other expense. Typically it’s based on the amount of the medical bills or the weight of the at-fault party’s vehicle. Many people who live in “no-fault” states often believe they can prohibit their carrier from paying their bills (with the assumption that they don’t want any payments made under their policy in case their rates go up). This isn’t the case. Much like worker’s compensation, “no-fault” medical coverage is primary, and the first-party insurance carrier must pay it. Finally, many people who know they live in a “no-fault” state often believe this has something to do with physical damage to a vehicle and liability. That’s not true. “No-fault” relates only to the medical coverage. If someone hits your vehicle, and he’s at-fault, he is still legally liable to pay for the damages to your vehicle.

Penny : How can I get a discount auto insurance quote? Is it a myth?

Response : Penny, let me reassure you that discount auto insurance quote is not a myth but a reality.
Finding the cheapest auto policy used to take some time. But these days, on-line internet marketing has made insurance shopping is faster than ever before.

Gone are the days of looking through the phone book for the right agent. Though some insurance professionals advertise offline, many now choose to offer discount auto insurance through services like Compare auto insurance quote.

I will reveal an inside secret of how to get unique discounts by comparing polices and obtaining these discounts. One of them is the diver discount-no claims for 5 years, no licence suspension for 3 years. The second one is double deductible discount applicable on comprehensive and collision coverage, or increasing the discounts. The third is payment plan Discount which is offered by paying your premium up-front in full. Fourth is the transfer Discount for those who’ve previously held discount liability insurance through a different auto insurance company during the past six months. Fifth is affinity car insurance discount given to members of certain qualifying organizations, an extra discount up to three percent may be available on auto policies. Sixth is the passive occupant restraint auto insurance discount given for safety features like an automobile with full front-seat airbags or restraint devices that work automatically when your door closes may qualify for an additional discount. Seventh is carpool and public transportation discount given to reduce a car’s annual mileage.

Remember these discounts differs from insurance company to compnay and hence you need to compare auto insurance quotes.

Jenny (Florida)I bought a new car from the dealer, switched insurance and got an insurance card. My new car rolled in the snow storm and now the insurance company is saying I do not have coverage?

Response: There are different coverage’s under an auto insurance policy like the liability coverage,-(PPI) comprehensive coverage and collision. You switched the insurance and so the new car has only the coverage which you had opted for in your old car which might have been only the liability – mandatory coverage. Thus technically you had insurance coverage sufficient to abide to your state rules but your car was not covered for own damages of comprehensive damage to the car. The snow storm which damaged your car is a natural peril and the same is covered only under a comprehensive coverage. Hence the insurance company is saying that you do not have coverage.

Review your insurance coverage when you buy a new car. For the old vehicle it would have been advisable not to have a comprehensive coverage but for a new car you need to check your insurance coverage. Please check your insurance coverage when you buy a new car and upgrade the same.

Larry : Will my car insurance cover renting a car after an accident?

Reveiw car insurance for rental coverage:

Response : It is best to compare auto insurance quotes and equally important to review car insurance quotes at the time of taking the insurance. Most people do not think that it is important to review car insurance coverage when thy buy insurance. Most of them start to review auto insurance coverage until after they have an accident. After a vehicle accident they call their insurance company to file a claim to help pay for car repairs, a rental car and other expenses.

Sadly, many insured drivers are surprised to find out that their auto insurance does not automatically cover the cost of a replacement rental car after an accident. It takes about 2 -3 weeks on an average for a car to be repaired in the repair shoe. It can cost as much as $500 to rent a replacement car. But, some insured drivers pay little or nothing to rent a car because of an inexpensive but often overlooked option known as rental reimbursement.

Rental reimbursement coverage is available for only $1 or $2 a month with almost every auto insurance policy. It is frequently not taken by those who believe they will not have a car accident or those shopping only for the lowest cost premium. The cost of a rental replacement car adds up fast, so even if you don’t have an accident for eight or nine years, the coverage pays for itself when you need it most.

Sometimes working out the details of a claim with the auto insurance company can take time. Even if the accident is the other driver’s fault, you may have to wait several days or longer to get the other insurance company to agree to pay for a rental car. With your own coverage, there is no waiting.

Here is a tip compare auto insurance quotes and review car insurance coverage befor you buy insurance and make an informed decision.

Mark Ling( Tampa, Florida) : I would like to review my auto insurance coverage? Do you think I should take car comprehensive coverage?

Review car insurance

Response: Mark Ling, you should review car insurance at least 2 times a year. Review car insurance quote and also your auto insurance coverage. You will save money and also get a better auto insurance coverage.

Comprehensive coverage covers your vehicle and other vehicles for all losses resulting from incidents other than collision. For example, comprehensive insurance covers damage to your car if it is stolen; or damaged by flood, fire, or animals. It pays to fix your vehicle less the deductible you choose. To keep your premiums low, select as high a deductible as you feel comfortable paying out of pocket. Coverage is limited to the terms and conditions contained in the policy. This is not required by a state, but if you have a loan or a lease then the lien holder will require it.

If your car is financed or leased, the finance company will probably require that you carry this coverage.
If you have a newer vehicle or one in excellent condition, you may need this coverage to replace or repair the vehicle in case of loss. I would personally advise you to take this coverage only if you have a new car or one with a high market value.
If you have an older car or one in poor condition, you may not want to pay for this coverage.
God bless.