Essential Tips for Teen Driving

No wonder, teen drivers (especially between 16 and 19) account for more auto accidents than other age groups. This pitiful scenario is further complicated by the fact that parents do not carefully introduce driving privileges and recent stats also don’t show a reversal of this lamentable trend.

However, the good news is that most of the auto accidents involving teenagers can be prevented if only some safe driving techniques could be adopted. Such techniques, when adopted, would not only increase your chances of safety on the road but would also give you leverage in terms of having a more affordable car insurance. There are a lot of essential safe driving tips for teens, which if utilized, can greatly minimize the odds of getting into a serious crash along with your passengers. Just before we go over some ideas that can make a teenager a competent and safe driver, it is imperative to explore some startling stats about this problem;

Vehicular Deaths as a Public Concern among Teenagers

The first time behind the wheel for most teenagers comes with much anxiety. This probably explains why

Fraud on the Insurance Market

If you are like me, you are tired of seeing your premiums go up each year and a big reason why is because of the criminals that create false claims within the insurance industry. There are steps we can take to cut down on this problem, but we all need to take action and do our part.

Most people get frustrated when their provider sends them a notice telling them their rates are going up by 5% or 10% when they have not had an accident or ticket in years. Most think the company is being greedy and just trying to rake in as much profit as possible. That is however not entirely true. One of the main reasons why costs escalate and then get passed down to consumers in the way of higher rates is car ins fraud. This crime is big business and is the 2nd most common “white collar” crime in the USA, with thousands of people getting away with false claims each year. Nearly all of the big carriers have established investigative departments that combat this problem, but

Car Insurance Details

There are so many benefits of having an insurance policy, one of them is because it gives peace of mind in the occurrence of an unexpected and unpredicted event and also a helping hand for the many expenses often involved after an incident.

Agreement between you and the company

An auto insurance policy gives you protection against losses in the occurrence of an accident or your car being stolen. This is an agreement between you and the company. You pay a premium while the company, in turn, agrees to pay for your losses as stipulated in your policy up to a certain specified limit. This provides property, medical and liability coverage in the event a claim is filed.

Property coverage pays for the damage or the theft of your car and medical covers payments for the treatment of injuries. Many extended coverage policies will also pay for rehabilitation and funeral expenses. Auto liability insurance coves you in the event a crash occurs that you were deemed responsible for. Almost all states require you to carry minimum amounts of liability insurance, but not all of the various options, such as comprehensive.

Evaluating your risk

The basic benefit

Most Important Insurance Coverage for Auto

Legal Driving

Bodily injury and property damage are mandatory so drivers must purchase both to keep themselves legal to drive. In case a driver fails to produce proof of the coverage to an officer, chances are the driver loses the license and must pay an amount of fines. Involvement in accident without liability coverage can cost a lot of money from penalties and court fees in case someone decides to file a lawsuit. Same thing applies to property damage because at-fault party (someone who causes an accident) must pay for all the damages by law.

Liability Coverage

Road accident often causes not only damages to car but also injuries to other people. The at-fault party is responsible for medical expenses and compensations for pain and suffering. In some cases, lost wages become part of the compensation as well. An insurance policy lists bodily injury coverage in numbers for examples 20/40. It means the policyholder has a coverage limit of $20,000 for injuries per person and $40,000 for injuries per accident.

Property damages apply when the accident also causes damages to someone else’s properties for examples cars, building, fence, and mailbox. All repairs for damaged physical structures are the responsibilities of the at-fault party.

Best Car Insurance in Michigan Online

In the event of an accident, it is essential that you have a cover so that all financial risks are mitigated. Read on to know more about the coverage plans available in Michigan and you will understand more about the cheapest plan that is available. You can call us up and avail an obligation free quote. When you avail a policy from us, you will be saving nearly $500 or more. Using out advanced tools, you can compare the price of insurance online within no time.

Car Insurance Coverage Types

Michigan usually has two types of auto insurance available:

1) Liability Automobile Coverage for Bodily Injury

2) Liability Insurance for Damage to Property

Mandatory Requirements to be followed by vehicle owners in Michigan

For all vehicle owners in Michigan, there is a minimum insurance amount you need to avail a cover for.

a) $15,000 liabilities cover for 1 person’s bodily injury or death.

b) $30,000 liabilities cover for 2 people bodily injuries or death.

c) A minimum of $10,000 towards damage caused to property.

The above mentioned figures only indicate the bare minimum insurance amount you should have to meet the requirements of Michigan. However, it is best recommended that you consult an expert to have an assessment of your

Comprehensive Car Insurance Explained

Comprehensive automobile insurance is an important type of coverage that provides a broad range of protection, including most cases of physical damage that happens to your vehicle that does not involve an accident with another car. This is frequently referred to as OTC or other than collision ins. You will hear some agents and brokers shorten the word to just “comp” but it means the same thing. So if your car is damaged in other than collision situations, comprehensive will kick in and cover you for damages.

There are 2 basic elements to automobile insurance

These are liability coverage and the second is physical damages. In almost every state in the U.S liability insurance is mandatory by law. This important component of insurance gives you coverage when bodily injuries have occurred or even death after an auto accident and you were found responsible for the incident. Coverage for physical damages can be optional, depending on numerous factors such as if you own or finance your vehicle. It provides coverage for vehicle repairs or replacement after a collision or an event that occurred while you were operating the vehicle.

There are two categories within “physical damages” you have the option to purchase on

Tips to Get Affordable Car Insurance

You cannot eliminate car insurance from your budget because it is mandatory by law in all but just one state. You can, however, use these helpful strategies that can get your automobile premiums lowered and put money back in your pocket.

1. Get a Car that is Cheap to Insure

When you purchase an automobile, there are several things you need to consider including the cost, maintenance and the price of insuring it. Even if you pay $1,000 more for the vehicle, you can easily make up that amount with lower insurance costs. In general, stay away from high-performance cars like Porsches and Corvettes. While these automobiles are fun to drive, they can cost a small fortune to insure. The faster you car is in most cases, the higher the insurance bill will be. Next, stay away from premium vehicles that are costly to repair like Jaguars.

Some exotic cars have pure aluminum bodies that are extremely expensive to fix. Automobile insurers will factor these repair or replacement costs into the cost of your premiums. You will end up paying in some instances double the cost for insurance to a comparable, less costly vehicle. You will pay significantly less for boring automobiles

Compare Cheap Car Insurance Quotes Online

The main reason you need to go on the net to rate shop is simple. First, many carriers that market their coverage on-line have direct insurance prices. This means they have a business model that excludes expensive brokers and sell polices directly to consumers. This is good news for money savers like yourself. Usually, you can find direct automobile insurance quotes that are 10% to even 15% lower than calling up an agent. The second reason why you should check web quotes is the ability to compare multiple rates super fast. You can apply at the website, and if you have any questions, a helpful representative is available to assist you anytime.

Before you go and start getting quoted, there are a couple of basic things you need to do beforehand. Get all of your personal and vehicle information together. This means the year, make model of your car and the VIN or vehicle identification number. You’ll also need the name of your current insurer, home address and with some insurers, your license number. Once you have this important info ready to go, getting online car insurance quotes to compare will only take a few minutes.

Don’t Feel Bad About Switching

Uninsured Drivers’ Non-Standard Auto Insurance

The good news is that the percentage has been in downward trend since the 1980s when there were 16 percent of uninsured drivers. After 2003, the portion has declined until now. Percentage has dropped indeed, but the overall uninsured population is growing as more people drive cars over the years. Although the percentage indicates small portion, it still makes for a total of nearly 30 million drivers without insurance. The number is not equal in every state; Texas has about 1.6 million, Ohio has 1.3 million, and Tennessee has 1.2 million of them.

For those who fall into the uninsured category, please consider the possibility to purchase the state’s minimum coverage requirements. Every state has different regulations for the limits, but most of them require only two: Bodily Injury Liability and property Damage. Should an accident happen, the coverage protects policyholders from the obligation to pay for damages and medical bills in case they are at fault (cause the accident). There will be no fines or suspension due to failures to produce proof of valid insurance.

Underinsured Motorist Coverage

In Texas, 20 percent of all vehicles have no insurance coverage. When someone with no insurance causes an accident, the injured party must

Auto Insurance Guide Just for Beginners

From financial perspectives, auto insurance is both investment and waste of money.

· As an investment, the coverage protects vehicles and physical health in the event of accidents. Insurance company compensates for property damages and physical injuries.

· For safe driver or low-risk, this is a waste of money since the possibility of road accident is slim. With defensive driving techniques, auto coverage is almost useless.

Accidents do happen; even an expert driver can get into road accident due to bad weather, malfunction vehicle, sudden flat tire, and a lot of possible incidental reasons. Regardless of the circumstance, an accident almost always leads to collision. When that happens, other drivers sustain injuries and their vehicles need repair or replacement. In the attempt to avoid big expenses to compensate other drivers, auto insurance helps give the payout and keep everybody’s finances healthy.

Whether a collision is at policyholder’s fault or not, auto insurance company has the obligation to help its customers to settle financial disputes. The amount of financial assistance available, however, depends on the insurance policy. What makes things complicated is the fact that there is no one-policy-fits-all package. Everyone has different needs and personal preferences, so insurance providers must accommodate the needs

How to Prevent Accidents and Auto Insurance Rate Hikes

Fathers and mothers of young drivers face an ongoing dilemma that represents a contemporary enigma. On the one hand, we want to let our teenagers become independent adults. We all want to facilitate the shears to cut the proverbial apron strings. On the other hand, we worry that without the yardstick of maturity and life experience our growing boys and girls will be faced with challenges far too overwhelming for them to hurdle.

One of the primary milestones of that journey to adulthood, of course, is the acquisition of a driver’s license. It’s when you actual put your child’s name as an added driver on your auto insurance policy that you begin to realize there must be something to the statistics that point to driving risks associated with the motorists in the under-twenty category. Whether it’s a car, truck, motorcycle or ATV, young drivers just lack the experienced know-how necessary to navigate the roads completely without mishap.

Confounding this situation is the seemingly inseparability of a teenager and his cell phone. Prominent auto insurance companies all over the country, in fact, cite worrisome trends: teenage motorists represent 21% of the cell phone users causing vehicle accidents that result in injuries and

Understanding Short Term Insurance Cover

Short term car insurance policy is a type of a policy that provides your vehicle with a cover for only a short period of time. There are many reasons why you may need this cover. One of the reasons is when you are test driving a car that you are interested in. Anything can happen when you are test driving the car. To protect yourself, get a short term insurance cover.

You may also need a short term cover when you are borrowing another person’s car. You might have borrowed a friend’s car to drive or to move stuff around. You should protect the car and yourself by getting a temporary cover.

If you have teenagers in the house that you are interested in teaching how to drive, it’s important that you protect the car by getting a temporary insurance cover. You can get a one week, one month or any other policy that might be favorable for you.

It’s common for people to take their vehicles to a new country. If you recently moved to a new country with your car, you should get a temporary cover that will cover your vehicle while you are in this new country.

It’s also recommended

Cheapest Bundled Auto and Home Insurance

If you own a home and car, you can bundle those two policies together and get a nice discount. Lets look at the states with the cheapest bundled auto and home insurance and go over some tips on how to save more of your money.

If you think you have used up all the possible savings for your automobile policy, think again. There is at least one additional thing you can do to save on your policy. Some people call it a multi-policy discount and others bundling, but if you want to lower your overall cost of coverage, then combine your vehicle and homeowners policies together. This can save you more than 20% and make your life a little more efficient with more convenient combined billing.

Why do Companies give Bundled Deals?

The answer to this question is quite simple: it makes them money. Getting new customers is an expensive proposition for insurers and being able to efficiently add a new line to an existing policy adds revenue and profitability. Because the insurer is now realizing two streams of revenue from one customer, they are able to pass along more savings and make the deal attractive to the client. Also, people

Policyholders’ Rights in Auto Insurance

There is always a possibility that insurers take advantage of policyholders’ failures to understand their rights and use their lack of knowledge for improper business conducts. There are at least 10 basic things policyholders or auto insurance applicants should be aware of as follows.

1. When an insurer denies an application, the company has the obligation to inform applicants about the reasons. Most states require a company to provide explanation about why an application does not go through for approval. Consumers have the rights to ask for review, corrections, and appeal.

2. Auto insurance companies cannot stop consumers from canceling their policies. Policyholders have the right to cancel the policies anytime, even when the policies are still active. Cancellation does not have to happen on renewal date either. Furthermore, the consumers earn the rights to get refund of any unused premium. Insurers have the rights to charge a penalty for early cancellation.

3. Policyholders can ask for an insurer to increase limit or change coverage anytime, not only on renewal date. For those who seek for lower premium, they can get refund, too.

4. An insurance company also has the right to cancel the policy anytime. However, the company must notice the policyholder

Mandatory Insurance Policies for Everyone

There are so many insurance policies, insurance policies come in different prices, features and benefits.The truth is you can’t possibly choose to purchase every insurance policy, you should streamline your choices to mandatory insurance policies.

It’s quite easy to know which insurance coverage is mandatory; all you have to do is ask yourself this important question… “What is the most important thing to me?” This is an important point to consider, there is no point insuring something that is of no importance to you. The protection of assets that matter to you is expedient in the establishment of a solid financial backup plan. There are many insurance policies that can help you protect your assets and earning ability. However, prior to the purchase of any type of insurance, you must ensure you understand the terms of the coverage that’s expressly written in the policy. You can choose to enlist the services of your lawyer to peruse the content of your insurance before appending your signature to seal the deal. This write-up highlights the mandatory policies everyone should have, they include the following;

1. Car insurance: there are mandatory laws for car insurance in certain parts of the world. A car insurance

Top Car Insurance Tips for College Drivers

Having a car during the college years provides a great deal of freedom. Students can travel back home to visit family on their own, get a job near the school to help with expenses, and plan fun activities off-campus with friends. In order to drive a car, the young adult will need a car insurance policy. There are a few important tips to get the best deal and keep rates as low as possible.

Complete a Driver Training Program

Both classroom instruction provided by a driver’s education program and time driving with a behind-the-wheel program will qualify drivers who are under the age of 21 for a discount on their policy. Since rates are highest for new drivers, this can really help lower the overall yearly rate of the insurance for a struggling college student. If the programs were not completed in high school, one could still sign up for them as a university student.

Work Hard for Good Grades

Another way to bring down those costs is to work hard and get excellent grades in all college courses. To take advantage of this discount, you must meet certain criteria. Typically, this involves keeping a grade point average of 3.0 or higher, getting

Auto Insurance Renewal

Throughout the period, policyholders’ activities on the road and behind the wheel are always under their insurance companies’ radar. With big helps from police officers and local DMV, insurers know whether or not it is necessary to make some changes to the policy. Changes are not always bad; drivers who have demonstrated safe practices and followed insurer’s guidelines can lower their rates or become eligible for discounts to reduce the premium even further.

The countdown for renewal date starts as soon as the policy takes effect. In terms of renewal period, auto insurance policies are available in two choices:

· Annual Policy: an auto insurance policy that is valid for one year.

· Semi-annual Policy: some policies are valid for only 6-moths period. For policyholders, 6-months provide the chance to improve DMV records and reduce the premium for the next renewal date.

Auto insurance companies have the obligation to notice policyholder about renewal information. They can send it via mail or email within 45 – 30 days in advance of renewal date. Unless policyholders want to make changes to the current policy, renewal process should be quick and easy. Nonetheless, it is best for policyholders to do their due diligence and check for

Purchasing a 6 or 12 Month Car Insurance Policy

It seems like an easy decision to make but for some reason you are completely unsure. You are left asking what are the benefits and drawbacks of each policy length? Insurance agents frequently get asked what’s the best option and the truth is it depends on several factors. There are advantages and disadvantages to each policy time frame. Let’s look further into this and analyze both options, so you can make a more informed decision and save some money too.

The Advantages of buying a 12 Month Car Policy

* Your Premium Rates are set

It may seem obvious, but you might have overlooked this simple point. Prices on almost everything from new cars and houses to shoes seem like they are constantly going up. This is also true for auto insurance pricing. With more people getting into distracted driving accidents and increased insurance fraud, many insurers have had no choice but to raise premium rates annually. The good news is you can lock in a set rate for an entire year by buying a 12 month policy. If on the other hand you buy a 6 month policy, there is a very real possibility when it’s time to renew it, you

Choosing The Best Protection Service

There are plenty of steps you can take to get auto insurance that treats you better and costs you less. Since everybody needs auto insurance, it is a mystery that not everyone educates themselves on how to get the best coverage. Even, a little bit of learning can pay off with significant savings and much-improved insurance. After reviewing the tips in this article, you are on your way to improving your auto insurance situation. Insurance step works with the top insurance companies across the nation.

No matter what type of car you drive, insurance step will help you save hundreds of dollars per year.

The Right Policy For The Lowest Rates

When obtaining insurance, we always recommend that you speak to a licensed insurance agent. This is always the most important tip. Every insurance company has its pricing algorithms that consider a wide variety of factors such as age, credit and driving record. No company is the cheapest or most expensive for all drivers. The only way you can know for sure what a company’s rate is for your situation is to get a quote from that company or one of its appointed agents.

Think carefully about your deductibles

If you drive cautiously and