Wednesday, August 5th, 2009 at
low auto insurance rate Jennifer : What is a Loss damage waiver?
Response : This is a auto insurance coverage that can be opted for and is applicable for a rental car. This coverage is also referred to as a collision damage waiver outside the US. n LDW is not technically an insurance product. LDWs do, however, relieve or “waive” renters of financial responsibility if their rental car is damaged or stolen. In most cases, waivers also provide coverage for “loss of use,” in the event the rental car company charges the renter for the time a damaged car can not be used because it is being fixed. It may also cover towing and administrative fees.
Waivers, however, may become void if the accident was caused by speeding, driving on unpaved roads or driving while intoxicated. If you already have comprehensive and collision coverage on your own car, check with your personal auto insurer to make sure you are not duplicating coverage you already have. Should you decide it is necessary, this coverage generally costs between $9 and $19 a day.
Compare your auto insurance coverage before you opt in for a new coverage or buy auto insurance so that you get the right coverage at the lowest rate. Review your auto insurance quote from time to time.
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Thursday, June 18th, 2009 at
Compare auto insurance Reader : What are the best liability policy limits? How do I reveiw car insurance coverage to get best auto insurance limits?
Review car insurance coverage for auto insurance limits. Frank New York
This is a very interesting question. When you want to know whether you have the optimum auto insurance limits, you will have to review car insurance coverage and compare auto insurance quotes. These are the two biggest tools that will help you save $, your hard earned money. There are certain liability limits which mandatory limits are fixed by the state. The minimum limits of New York limits are sometimes together referred to as “$25,000/$50,000/$10,000” or “25/50/10 “. Most of the insurance agents would advise that the minimum policy limits for car insurance liability are not sufficient. The normal rule of the thumb adapted by the agents and insurance professionals for the average driver is 100/300/100. This means that:
- 100,000 per person for bodily injury
- 300,000 per accident for bodily injury
- 100,000 per accident for property damage
When deciding on the limits since the medical treatment cost is fairly same, the last limit of property damage would be best for a person who is not an average driver. Property damage is damage t the other car or landscape. This portion of liability would vary from place to place and depending upon the property damaged.
It is interesting to note that the courts sometimes award very high amounts of liability costs. Please consider carefully your own and your families driving skills and financial stability before deciding on the auto insurance. Review car insurance coverage and compare auto insurance quotes and save money.
Good question. Thanks.
Best wishes.
Kamlesh
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