Lowering a car insurance deductible explained.

Lowering your car insurance deductible, takes effect immediately.

You would pay the lower deductible, even if you are involved in an accident right after lowering it.

Some companies may require photos and a vehicle inspection be done, before lowering the car insurance deductible.

Photos and inspections are done to deter insurance fraud.

When lower your auto insurance deductible, even if the company does not require an agent inspection, it is still a good idea to have your agent take photos of your car and submit them to the insurance carrier.

Some insured’s choose to start their auto insurance coverage with a higher deductible, to get a cheaper rate.

Remember, the deductible is the amount, you be responsible for to get your car fixed.

If you lower a deductible after an accident, the change will have no effect on the current claim.

Lowering the deductible later, will increase the premium you pay for car insurance.

It is not advisable to purchase a higher a deductible than you can afford, just to get a cheap auto insurance down payment.

If you do, make sure you understand the insurance deductible.

Always shop auto insurance quotes before purchasing or renewing.

Compare auto insurance quotes with different deductible amounts to make sure you are getting the best value and an affordable auto insurance rate.

Posted in Auto Insurance

Basic Auto Insurance Coverage and Discount Information

When shopping for auto insurance quotes and purchasing or renewing a policy, it is important you shop many different auto insurance carriers and agents to compare multiple rates.

Always understand the coverage’s and purchase plenty of coverage.

Many car insurance companies offer different discounts for getting insurance quotes or purchasing insurance online!

Auto insurance is based on many different underwriting guidelines.

Some examples of rating factors, that determine your rate on auto insurance includes:

• A drivers age. Young drivers pay more.
• Years licensed.
• Zip code where you live.
• Miles driven.
• Vehicle Type
• Marriage rate discount.
• Commercial auto insurance is more expensive than personal.
• Males under the age of 25 have higher insurance costs.
• Female drivers under 21 have a higher insurance cost.
• Coverage type.

Underwriting is different for each insurance carrier.

Vehicle insurance laws vary by state, each state has different limits and laws.

Check with your state department of insurance or state DMV for more specific car insurance information pertaining to the state in which you are licensed.

Not all auto insurance companies offer the same exact discounts, auto insurance companies base their rate on how they choose to underwrite the policies.

Getting auto insurance quotes online or by phone, agents will ask many questions, the answers you give will effect the automobile insurance quotes you receive.

• Carrying current car insurance for longer than 6 months qualifies for a current car insurance or persistency discount and will lower your insurance.
• Married drivers have cheaper insurance.
• Defensive driving or driver training classes may lower your costs.
• Owning a home qualifies for a homeowner discount with most insurance companies.
• Having multiple vehicles on the same insurance policy will qualify for a multi-car discount with most car insurance companies.
• If you pay in full you can get a discount or if pay electronically each month, you may receive a discount.
• Being a new customer, can sometimes qualify for a discount.
• Choosing a paperless option for receiving your documents and bills is a discount with some insurance companies.
• Drivers with no tickets or accidents receive a good driver discount.
• Men over 25 and women over 21 qualify for discounted car insurance.
• Having multiple polices with same insurance company can qualify for multi-policy discounts
• Some new cars and hybrid cars will qualify for additional auto insurance discounts.
• Anti-lock brakes and air bags on vehicles can result in savings, as well as alarms and theft devices.
• Some car insurance companies give good student discounts, to students with good grades.

These were just a few examples of basic auto insurance coverage and discount information to help when looking for affordable auto insurance coverage and getting auto insurance quotes.

Posted in Auto Insurance

What difference does a vehicle make on the cost of auto insurance?

For liability auto insurance only, there is not much difference on the auto insurance rates for most vehicles.

Some vehicles where you might see a slightly higher insurance rate would be on large suvs or trucks.

Large trucks and suvs cause more damage in the event of an accident.

Some sports cars may have a slightly higher premium, even for liability only.

Just depends on the car insurance company’s underwriting guidelines, they are all different.

You will notice some major differences on car insurance rates with comprehensive and collision coverage.

There are several rating factors that affect auto insurance premiums.

The price of the vehicle will affect the rate.

Auto insurance on new vehicles will be more expensive than on older vehicles.

Sports cars and jeeps will have higher insurance costs.

Two wheel drive vehicles will be less expensive to insure than a four wheel drive vehicle.

Vehicles with a good safety rating will have lower auto insurance premiums than vehicles with a poor safety rating, especially with medical payment coverage or PIP on the policy.

When researching your next vehicle, a good idea is to shop and compare auto insurance quotes at the same time you are shopping for vehicles.

Know what the cost of the auto insurance will be before buying the vehicle. Get quotes before you purchase.

To find the best rate quotes, always shop quotes from a couple of different sources.

Posted in Auto Insurance

What is commercial auto insurance?

A vehicle that is used for business will need commercial auto insurance coverage.

Personal and commercial auto insurance policy coverage’s are similar.

A commercial auto insurance policy will cost more than a personal auto insurance policy.

There may be different exclusions and coverage’s from a personal auto insurance policy.

Some examples where you would need a commercial auto policy would be,

Vehicles titled in your corporate or company name or employees using the vehicle.

Different types of vehicles may require a commercial auto insurance policy.

Some auto insurance companies will not cover every kind of vehicles, unless on a commercial auto insurance policy, such a vehicle would be a one ton or larger flatbed truck.

Using a vehicle as a courier or as a shuttle service would require a commercial auto coverage.

There are many other business uses that would be excluded under a personal auto insurance policy, these were just a few examples.

You will want to make sure you have the correct coverage and policy, if you are using your vehicle in any kind of business.

You can ask your agent or your insurance company to make sure.

Getting quotes for a commercial auto policy is the same as getting quotes for a personal policy.

Shop quotes from several different companies to insure the best rate quote, before you purchase new coverage or switch companies.

Posted in Auto Insurance

What is a marriage rate auto insurance discount?

Insurance companies consider married drivers lower risk drivers and some auto insurance companies offer drivers a marriage rate discount.

Having two drivers in the household, a married couple drives less and are considered safer drivers.

A married rate discount applies to young married drivers as well. When getting quotes ask about it.

Age is a major factor on auto insurance premiums for young drivers, a marriage rate discount can make a substantial difference in the cost of auto insurance for younger drivers.

It can make a huge difference in helping male drivers under the age of 25 and female drivers under the age of 21 find a cheap auto insurance policy.

When getting auto insurance quotes it maybe cheaper if you are married,

make sure you put it down on your auto insurance quote request.

If you are married during your auto insurance policy term, you will want to shop for auto insurance quotes.

It can be cheaper to purchase a new auto insurance policy, get quotes to find out.

Be sure to notify your current auto insurance company that you got married, you may qualify for the marriage rate discount when your policy renews.

Shop your auto insurance coverage and get quotes at every renewal to make sure your are getting the best rate.

Posted in Auto Insurance

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