Monday, October 5th, 2009 at
Compare auto insurance quotes Andy Jekins: My car insurance bill was due about 3 weeks ago, but I didn’t pay for it yet. Will anything happen? Will they tow my car or will they just make me pay an extra fee?
Some insurance give you a 30 day grace period and then send you a cancellation notice. The notice is usually 10 days before the cancellation date. Very few carriers actually cancel the policy one day after the due date.
In many states, there are strict laws concerning lapsed insurance. In Georgia, if policy is cancelled the Dept. of Motor Vehicles is notfied after 10 days and will be fined. If it is your first offense, just pay your insurer to reinstate your policy. If it is a second offense, the fine is bigger. If you donot pay the second fine your license will be suspended and your registration revoked.
If your vehicle is financed, your lein holder can force insurance on you.
Now, the worst thing that can happen is if you have an accident without insurance , hurt or kill someone or damage a property the liablity can be very high. You will loose all your assets and the cost of the legal matters could be very high. You might be put behind the bars for not being able to pay or for the offence of being a reckless driver without any insurance. The consequences can be very bad.
Presently in USA 1 driver out of every six drivers is driving uninsured and the insurance companies are planning to have an extra fine for being without insurance and hence your insurance premium could also be very high in the future. Imagine hurting someone you love in an accident and not getting the money for their medical expenses.
Honestly, this is a very irriational step or even a thought. Please instead compare auto insurance quote online at compare auto insurance quote 411 and you will be amazed at the low auto insurance premiums available. These are free online car insurance quotes.
Low auto insurance rates
Monday, September 14th, 2009 at
Review car insurance Taylor Swift : Can you save on your future premiums if you switch to a different insurer after an accident?
Response : Once you have had an accident even if you change your insurers, your premium will be surcharged. If you have a forgiveness clause in your policy and this is the first accident you will not be charged higher. Generally the surcharge ranges from 15%-35% over a 3 year period.Secondly,if you try to switch companies you WILL NOT qualify for preferred rates and you will receive standard rates which will usually be higher than you old rates + the surcharge.
That being said it is still possible to save on auto insurances and one should be constantly on the look out for savings, since there are number of ways the premium can be saved :
1) Having higher deductible as indicated.
2) Having safety features installed – like airbags, alarm system if not already installed.
3) Decreasing the mileage – use by car pooling.
4) Online discounts
5) Placing all policies with one insurer – home and auto or all auto polices with one insurer.
The insurance rates are also dependent on the claims experience of the insurance companies so shopping around is certainly a good idea. Compare auto insurance quote online and you will be suprised how much you can really save, although you have a claim. Remember that the auto insurance rates are dynamic and do keep on changing depending upon a lot of factors.
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Wednesday, September 9th, 2009 at
Compare auto insurance quotes Garriaon : How much are auto insurance rates dependent on auto theft?
Response : This is a very relevant question since the auto insurance rates are directly dependent on auto theft. Now car theft depends on the car you are using and the data and statastics regarding the car.
Just recently the “hot wheels report” by National Insurance Crime Bureau’s (NICB) for 2008 revealed the following facts :
The 1994 Honda Accord ranked as the most stolen vehicle in the United States in 2008.
Following the 1994 Accord on the list of most stolen vehicles were:
• 1995 Honda Civic
• 1989 Toyota Camry
• 1997 Ford F-150 Pickup
• 2004 Dodge Ram Pickup
• 2000 Dodge Caravan
• 1996 Jeep Cherokee/Grand Cherokee
• 1994 Acura Integra
• 1999 Ford Taurus
• 2002 Ford Explorer
At the same time, the NICB said that the preliminary 2008 FBI Uniform Crime Report shows vehicle theft is on pace to decrease by 13.1 percent compared to 2007.
If the projection holds, 2008 would be the fifth consecutive year of declining vehicle thefts. NICB said if that trend continues, total thefts for 2008 would be below 1 million vehicles—a 20-year low.
The NICB said certain models of older cars and trucks are popular with thieves because of the value of their parts.
“Frequently, the parts can be stripped from a car at a chop shop and sold for at least twice as much as the value of the vehicle on the used car market,” the NICB said.
The organization added that newer models are also more difficult to steal because of anti-theft technology incorporated by the manufacturers.
Thus if you are looking for auto insurance for any of the listed vehicle which also requires a comprehensive and theft coverage, you will naturally pay higher.
However, the good news is that the thefts are decreasing, and secondly you can alwyas compare auto insurance quote online for free and review your car insurance coverage. You will certainly find the best auto insurance rate for your vehicle.
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Monday, August 10th, 2009 at
Low auto insurance rates Ed : My car was recently stolen from my home in Orlanda. How can I prevent the car theft since now I find that my insurance has really gone high.
Response : There are certain cars which can easily be stolen, however, I will go into this information at another time. You have my sincere sympathizes, but thousands of unsuspecting motorists are carjacked every year.
To minimize the danger of being carjacked:
1.Think of saving your life first. Only then, think of your car and what’s in it.
2.If another car bumps your car, stay inside with the windows shut and the door locked and drive to the nearest police or fire station.
3. Don’t stop at isolated pay phones, cash machines or newspaper machines where you could become a carjacking victim.
4.Stay alert to people lurking near or moving toward your parked car.
5. Always keep the windows of your car shut and doors locked, whether you’re in or out of your car.
6.Park only in well-lighted areas.
To prevent your car from being stolen:
1.Keep your registration card in your wallet instead of your glove compartment.
2.Use paint or an indelible marker to put the vehicle identification number (VIN) under the engine hood and trunk lid and on the battery. This number is usually found on the dashboard on the driver’s side of the car.
3.If you have to leave personal property in your car, leave it in the trunk.
4.Keep your car in a garage and lock the garage door.
5.Use a security device like a steering wheel lock or a gear shift column lock.
Now, comming to your high insurance, I would advise you to compare auto insurance quote online – you will suprise the choices and the low rates you get. Check it out.
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Wednesday, June 17th, 2009 at
Low auto insurance rates Eben Pagan : How is the auto insurance rate determined? Will knowing this help in getting low auto insurance rate or low auto insurance rates?
Low auto insurance rates – easy way is review car insurance
Response : Eben,an easy way to get a low auto insurance rate is to reveiw car insurance coverage and compare auto insurance quote online. Yest you will need to understand how the rates are determined. The reason is we think logically, hence if we know the reasoning behind we can work accordingly.
It would be interesting to know exactly on what basis the rates are decided by the insurance companies so that you will learn why the auto insurance quotes differ from state to state or from company to company.
The insurers basically take into consideration their expenses for paying claims and operating the business, plus some amount of profit for shareholder. Secondly they want to charge higher rates to the persons who have had claims to balance the risk. Lastly the insurers want to take into consideration the competition existing in the market.
Besides this is most important for car insurance is that they have the governing rates or limits imposed by the state authorities. Here is the link to the web-site where one can know more about the State Government Regulations.
Generally the insurance companies divide the risk as per the expected exposure of the risk in three categories a) Low risk (preferred) b) Medium risk (standard) and c) High risk ( Non-standard). The classification into categories is done based on the type of car, the purpose of use of the auto, the driver who is driving the auto, geographical region and other considerations.
It is this classification that might vary from insurance company to company based on the underwriting philosophy, claim experiences and business portfolio. This is why a prudent person needs to compare auto insurance quote.
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