Seven Things You Should Know About Auto Insurance

Trying to understand auto insurance can be as tricky and confusing as trying to untie the Gordian knot. (We hear the knotty Gordian problem can be solved with a sword.) However, some "insider" knowledge can help you understand your options and what you can do to save money and get the most out of your auto insurance.

1) Some of the most helpful coverages are the cheapest.Auto insurance may be expensive, but if you're already spending a lot, shouldn't you get a lot? Optional coverages such as gap coverage, roadside assistance, rental reimbursement, uninsured/underinsured motorist coverage, and comprehensive coverage can provide a lot of protection for a little price increase. Comprehensive coverage is usually the most expensive of these coverages, but is still usually about half the price of collision coverage and a third the price of liability coverage.
Uninsured/underinsured motorist coverage is especially important, considering the benefits it offers and the number of uninsured drivers on the road, particularly during this period of economic hardship. Take a look at your coverage options. Paying a little more now may save you a lot in the future.

2) Many factors can affect your car insurance rate.Auto insurance companies use many different criteria when evaluating an insurance application during a process called underwriting. Each car insurance company has many guidelines regarding which groups of drivers they want to accept and how much they will charge those groups they consider a greater risk. The guidelines are different for each company, meaning that two companies comparing the same driver can arrive at vastly different conclusions.
During the underwriting process, car insurance applicants are placed in a group based on how much money and how many claims the insurance company believes it may have to pay. Underwriting is done automatically by software behind the scenes. At this time, the insurance company will look at motor vehicle records to see how many accidents or tickets a driver has received. Many insurance companies also use an insurance history report to see if the driver has made any car insurance claims, and how much money was paid. Although accidents and violations can only affect the rates you receive for three years, many companies will look back five or more years when deciding if they want to offer you insurance. In addition, many auto insurance companies look at the credit history of the applicant. Although they use credit history to determine which group an applicant belongs to, they don't actually look at a credit report.

3) Insurance prices vary (a lot) by company.You've probably seen commercials saying you can save money by switching to a certain car insurance company. How can so many companies make this claim? The reason is that "auto insurance is a highly competitive business and one of the most effective ways to reduce insurance costs is simply to shop around," according to Jeanne Salvatore, senior vice president of the Insurance Information Institute. "Drivers should look for an insurance company that will provide a good price along with excellent service."
Prices for the same policy from the same company, however, are set by law. They are approved by the state and can't be changed by an agent, so you can't get a better price for the same policy simply by going to a different agent or trying to negotiate the price. The best plan is to decide what coverages and options you need and comparison shop to get the best price.

4) If you let your policy lapse, you'll pay more in the long run.Most insurance companies view drivers who are licensed but don't have insurance as risky or irresponsible. Because of this, if you let your policy lapse, you'll probably pay more when you go to buy car insurance. To avoid this, if you don't want to pay for insurance or are planning to let your policy expire because you want to switch companies, make sure to purchase car insurance before your current policy is cancelled.

5) Higher deductibles can lower your premium.Insurance prices are based on how much money the insurance company believes it could have to pay. If you agree to pay for a larger portion of your own damages by raising your deductibles, your car insurance company automatically knows they won't have to pay as much for your claims. Because of this, they will usually give you a lower premium. If you decide to raise your deductibles to save money, be sure you can afford to pay the deductible if you have to make a claim.

6) Insurance discounts can make a difference.Most insurance companies offer auto insurance discounts for things like a safe driving record, car safety features, anti-theft devices, electronic payments, payment in full, and more. Make sure you're getting rewarded for being a safe driver and for having a safe car by shopping around for car insurance that appreciates your record.

7) Coverage affects what you pay.The majority of your car insurance premium generally goes toward the legally-required liability portion of your policy. It's typically not a good idea to reduce this portion in an attempt to save money, because you'll be responsible for any amount of damages above your policy limits. However, other coverages, although generally helpful, could be reduced or eliminated to lower your premium. If you have an older car that's not worth very much, or if you won't have a problem paying for a new car, collision and comprehensive coverages may not make economic sense. Talk to your car insurance company or agent about the best options for you.

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Car Insurance Quotes and Coverage

You count on your car to get where you’re going. Shouldn’t you have a car insurance policy you can count on, too? Switch to Nationwide and you could save up to $5001 on your online auto insurance quote. You’ll also get car insurance coverage that includes:
A 100% Repair guarantee2 for as long as you own your car
24/7 Nationwide Blue RibbonSM Claim Services
Free On Your Side® Reviews to help you choose the discounts and coverage options that are right for your life
Three good reasons to choose Nationwide auto insurance coverage
Better claims service
Nine out of ten Nationwide customers who filed an auto insurance claim would recommend us to a friend or family member. Why? Because we give customers a better claims experience.
Find out more about Nationwide Blue Ribbon Claim Services.
Auto insurance discounts
There are lots of ways to save on your car insurance coverage with Nationwide. Save when you insure more than one vehicle, when you stay accident-free, and when you insure both your car and home.
Learn more about auto insurance discounts.
Nationwide On Your Side Review
Make sure your car insurance coverage keeps up with your life with a Nationwide On Your Side Review. A Nationwide insurance agent can help you look at the big picture. So you can get the auto insurance coverage that fits your needs, goals and budget.

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Affordable Commercial Auto Insurance

Commercial auto insurance from Progressive means good coverage at reasonable prices. We cover a range of business types, and we offer customized commercial insurance quotes based on your situation and needs. If you're looking for personal auto insurance instead of commercial auto insurance, we can help you with that, too.
Commercial Insurance Quotes and More
Selecting the right commercial auto insurance can be time consuming, and with so many commercial insurance companies to research, it's hard to know where to start. Our goal is simple: to provide you with all the information you need to make the best decision for your company.
When you get a Progressive commercial insurance quote, you can see the coverage available for your fleet of work vehicles. With Progressive, you can choose commercial auto insurance for many types of businesses and vehicles, including small businesses, commercial truck insurance, commercial courier insurance, seasonal work truck insurance, livestock trucking insurance, food service insurance and more. Start today and get the commercial insurance quotes you need.

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Classic Car Insurance

You might be one of those people who have taken a long time and worked to rebuild a classic car. If you are, then congratulations! All your hard work has paid off and you now have a great classic car. It is important that you do everything you can in order to make sure this car is protected. How does your classic car work in terms of auto insurance? Are you going to need some insurance? Let’s take a look at classic car insurance and how the need might vary from your regular car. You want to take your time, because you need to respect all the hard work you put into getting the car ready. Pay attention to its need of car insurance.
Does it Need Insurance?
If your car is going to remain in your garage and never be taken out on the roads, then no, it does not need insurance. Even then, however, some people still might want to insure it a little bit in case of damage within the garage, or theft. If you are going to drive your classic car just as much as your normal car, you most definitely will need some sort of car insurance. Even if you drive your car a small amount, whenever it is on the roads it will need car insurance. That is why it is important to know how your car will be used before you go and attempt to get some car insurance. If you mess around it might come back to haunt you.
Getting the Needed Insurance
Insuring a classic car might be a little different then insuring your regular car. You might not need as much insurance, because you drive this car less. Therefore, the insurance company you normally deal with might not be suitable for your needs. Another reason you need to pay attention is because your classic car will need different repairs that not every car repair shop can handle! Classic car insurance will be more suitable for classic car repairs. If you were to insure this car with your normal provider, they might not be able to insure those specialty repairs. It is not good enough to want classic car insurance; you need to want to get the correct car insurance so you are not wasting your money.
Do Not Betray Your Hard Work!
It took long hours and a lot of money to get your classic car in great shape once again. If you do not spend a good amount of time on classic car insurance you will be betraying all your hard work. Research all the important parts, like monthly payments and repair options. Each type of classic car will require different repairs and protection, so remember that as well. If you are going to get behind the wheel of this car and drive at some point, you will need car insurance to protect you. It is still a law, even for classic cars. Throwing any old insurance plan at your great car will not work.

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Why Wait to Save on Car Insurance?

In today's economy, trimming your household budget might be one of your New Year's resolutions.
And you wouldn't be alone: According to a recent survey, 65 percent of people say they resolve to save money in 2009. Why? Not surprisingly, the majority (67 percent) say it's due to the unstable economy.Luckily, shopping around for car insurance is one way you can save big bucks. With this in mind, follow these six tips to help you manage your car insurance costs in the new year:
Shop around. Rates can vary greatly from company to company, so shop around to find the best deal. Independent insurance agents represent more than one insurance company, so they can compare multiple policies and rates to find the one that's right for you. If you're a do-it-yourselfer, Web sites like Progressive.com will help you compare its rates with those from other companies. And switching can pay off. For instance, people who switched to Progressive last year saved more than $350 on their annual premium.
Check to make sure your policy is up to date. If you've moved, gotten married or if it has been at least three years since your last driving violation, check with your insurance company. You may be eligible for lower rates.
Know before you buy. Before you buy a new car, research what it will cost to insure. Generally, smaller cars with lower horsepower are less expensive to insure

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Car and Vehicle Insurance

Progressive offers automobile insurance to customers across the U.S. We also provide motorcycle insurance, boat insurance, RV insurance and more.
Customers choose Progressive automobile insurance for our extensive coverage options, specialized claims service and competitive rates. Auto insurance coverages include Bodily Injury & Property Damage Liability, Comprehensive, Collision, Rental Reimbursement, Roadside Assistance and much more. If you're thinking about automobile insurance, motorcycle insurance or RV insurance to protect you and your vehicle, we can help.
Automobile Insurance Features
A Progressive auto insurance policy comes loaded with extra features — 24/7 live support, local response claims service and our unique concierge level of claims service — at no extra cost. Plus, some Progressive automobile insurance coverages involve perks like Total Loss Replacement, Accident Forgiveness, Pet Injury Coverage and more.
Get An Auto Insurance Quote. Then Get More
With so many automobile insurance companies out there, choosing the right company for your automobile insurance needs is paramount. We make sure we provide you with all the information you need to make the right decision today, tomorrow or whenever you're ready. A Progressive car insurance quote includes car insurance rate comparisons, money-saving tips, automatic discounts, payment plans and more. Go ahead — find the auto insurance rate you're looking for. We'll help you every step of the way.
Progressive Focuses on Your Needs
Since 1937, Progressive has provided automobile insurance to millions of customers. Today, we're one of the largest automobile insurance groups in the country, and we've earned that spot through competitive insurance rates and superior customer and claims service. For automobile insurance — and so much more — choose Progressive

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With the popularity of custom car TV shows such as "Pimp My Ride," personalized cars became hotter than ever. Accessories also came a long way from simple paint jobs and fuzzy dice. Today, drivers want their cars to stand out from the crowd, and to express their personality and style. As a result, car owners are adding chrome rims and grills, customized murals, spinners, pipes, LCD monitors, DVD players, expensive stereo systems, ground effects, and hydraulics.
But what is the cost to insure these hot new accessories? And do you know if your auto insurance company will cover these often-expensive enhancements?
If you're thinking of improving your car, these are some very important questions to ask! Modifying your car can be a huge investment, and you don't want to find out after the fact that your vehicle is not covered.
Ask first, change your car laterThe best course of action is to consult your insurance company before you start modifying your car. This will help you find out what your auto insurance company does and doesn't cover, if they are willing to insure your new car, and the total cost of keeping your customized auto covered.
Most insurance companies will ask if your car has "substantial customization" that you would like to insure at an additional cost. If so, you can add an endorsement to your comprehensive and collision coverage for custom parts and equipment. An endorsement is a change to your auto insurance policy, and it can extend coverage to include your modifications.
Check the amount covered under your endorsement, because it can vary for different companies. If your new parts cost more than the covered cost, you may want to consider shopping around to explore your coverage options. Keep in mind that standard insurance companies insure the actual value of the parts, meaning that they will pay you what the parts are worth, not what it costs to replace them.
Safety is keyAlways make sure that your parts are installed safely by a knowledgeable professional. Many drivers attempt to do the work themselves. As a result, parts could be installed improperly.
Your best bet is to have a professional do the work for you. It will save you a lot of money in the long run, in addition to keeping you safe.
Even if you don't have a custom car, you can still get free car insurance rate quotes from multiple companies by filling out a single application. If you do have a custom car, most companies will cover you. Just make sure to select "Yes" for the question about substantial customization in the vehicle information section of the application, or call for assistance.

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More drivers are letting their car insurance lapse because of the sour economy, putting themselves and others at risk.
Several hundred thousand drivers dropped their insurance in the past year as the jobless rate climbed, estimates a study to be released next month by the Insurance Research Council, an industry-funded group. Online agency Insurance.com says it also is seeing evidence recently of more uninsured motorists. It says that as many as 40% of callers following up on online applications had let their previous policies lapse, up from less than 10% a couple years ago.

Associated Press

Police officers at the scene of an accident in Biloxi, Mississippi. A customer arriving for a haircut drove through the plate glass window of the barber shop.

"I am seeing a lot more canceled policies than ever, especially in the last couple of months, usually due to job loss," said Christine Williams, a licensed agent at Insurance.com's call center outside Cleveland.
The trend is bad news for everybody on the road. If you're hit by an uninsured motorist, you may have to sue to recover costs, and many uninsured motorists have few assets. You can protect yourself by carrying uninsured-motorist coverage—almost half of states require the added coverage—but this may boost your premium.
Even in good times, many Americans drive without insurance. The Insurance Research Council's previous study, released in 2006, found that nearly 15% of drivers nationally were uninsured in 2004, up from about 13% in 1999. In some states, including Mississippi, California and Arizona, roughly a quarter of drivers weren't insured.
Preliminary data from the council's forthcoming study "indicate that a single percentage point increase in the unemployment rate is associated with a half-point increase in the percentage of uninsured drivers," said David Corum, council vice president. The nation's jobless rate was up two percentage points to 6.7% in November from a year earlier. The group estimates the number of uninsured motorists based on data from insurance claims.
Possibly adding to the problem is the fact that auto-insurance rates are rising again after a couple of years of flat or declining premiums. Premiums nationally rose 3.8% in November from a year ago, according to the Labor Department's consumer price index.
Agents say a growing number of customers are stripping down their auto-insurance policies, taking the absolute minimum level of liability coverage legally required to drive in their state.
"A good proportion of people on the road are either uninsured or underinsured, and so you have to protect yourself," said Robert Hartwig, president of the Insurance Information Institute, a nonprofit group. "Your odds of being in an accident with an uninsured driver are substantial."
About 20 states require drivers to buy coverage for uninsured or underinsured motorists. The coverage compensates policy owners and their families for injuries, including if they are injured as pedestrians, caused by hit-and-run drivers and drivers without insurance. Uninsured and underinsured motorist coverage adds roughly 7% to 9% to an average auto premium, according to State Farm Mutual Automobile Insurance Co. and Allstate Corp.

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You are likely, right now, to be paying too much for your auto insurance. The odds are even greater that you could get the coverage you need from another insurance company for a better rate.However, consumers are generally shown not to put the energy into shopping for their insurance that they would into buying a new car.The rise of the internet has radically changed the buying and comparison of auto insurance policies. Not only has competition between insurance providers increased, driving down policy prices, but it is easier and faster than ever to find the auto insurance perfect for you. There are several ways to save money in your search for better, more affordable car insurance.Here are a few ways to save money on auto insurance: 1. Be thorough in researching and requesting all discounts you qualify for2. Maintain a clean, up-to-date driving driving record3. Assume more risk in your coverage4. Choose to drive a “low profile” car with specific money-saving features5. Find a low-cost insurance provider that can meet your needsWe’ll begin to explain discounts you might qualify for:Low-Risk Job or Occupation Insurance adjusters collect information about what type of people get into accidents. Historically, data suggests overwhelmingly that people with certain professions get into far fewer car accidents than other people. For example, a teacher is far less likely to be involved in an accident than someone who is unemployed. Your job may entitle you to lower insurance rates because you are at lower risk for an accident. It is important to shop around for this discount, as different insurance companies use different criteria.Professional Organizations and Auto Clubs A membership with auto clubs, such as AAA, or professional organizations offered through your employed may save you money on your car insurance. It is important to ask your insurer if any of these discounts are offered while also pursuing them through your employer.Combined and Renewal Discounts If your car is insured by the same company that provides you with house or life insurance, you may be entitled to significant discounts on both policies.You may not have to switch insurance companies to save money on your policy. If you have been with the same provider for an extended amount of time and had no accidents, you are entitled to renewal discounts, which provide incentive to remain with your insurer.Automobile Safety Features Many states have laws that require lower insurance rates for cars equipped with safety features. Some industry-standard features such as ABS anti-lock brakes, airbags, and automatic seat belts may qualify you for insurance discounts. You should research if you live in one of these states or if your specific provider offers discounts for such safety features.Assuming More Risk There are two ways in which you can drastically reduce the cost of your car insurance. First, if you have an older, less-valuable car you may drop your collision insurance. In trying to save money by owning an older car it does not make sense to spend more on insurance. If your car is worth less than $2000, you are most likely spending more on insurance than it is worth. Dropping collision coverage will create significant savings on your policy.If you are not driving an older car, it might make sense to request a higher deductible. A deductible is the amount you pay out-of-pocket before the insurance company compensates the rest. Increasing your deductible from $500 to $1000 could decrease your monthly payments by as much as 30 percent. You might pay more for small fender-benders and dings but will save significantly while still being covered in the case of large accidents.Low Profile Cars If high insurance costs are burying you, consider it while shopping for your next car. Insurance companies charge more for high-performance cars because of their increased susceptibility to accidents and being stolen. It might make sense to buy a more modest vehicle and use your savings for other adventures.

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new car insurance

Choosing the right new car insurance policy can be a frustrating and confusing process. Once you understand the specific requirements for your region, state, and personal circumstances, soliciting a quote also becomes an important part of the equation. Here, you'll discover a few tips that will help make shopping for new car insurance much easier.
Anatomy of a New Car Insurance Policy
Choosing the right insurance policy for your new car can be a frustrating and confusing process. Once you understand the specific requirements for your region, state, and personal circumstances, soliciting a quote also becomes an important part of the equation. Here, you'll discover a few tips that will help make shopping for new car insurance much easier.
Your New Car and the Cost of Insurance
The process of buying a new car, although sometimes filled with a little trepidation, is exciting, nonetheless. When calculating the cost of a new car, you add in sticker price, taxes, maintenance, and cost of gas. Somehow insurance costs get lost in the mix. A good rule of thumb is the more you pay for your car, the more you are likely to pay for insurance. A top-of-the-line, fully loaded luxury car will cost more to insure than the no-frill economy car for two reasons: the luxury vehicle is more likely to be targeted for theft and the luxury vehicles parts are much more expensive to repair and/or replace. Now, there are exceptions to this rule. For example, Volvos receive more insurance discounts because they, on average, inflict and receive less damage in collisions. Volvos also have lower rates of theft and do a better job protecting passengers than most other car brands.
Liability Insurance for New Cars
Liability refers to bodily injury and property or vehicular damage when you cause an accident. You will want to carry a recommended $100,000 for the former and $300,000 for the latter, per collision. You can choose the amounts, but it is often wise to go with the highest levels you can afford. State laws regulate lowest-end amounts for leased or purchased vehicles.
Collision and Comprehensive Coverage for New Cars
Collision and comprehensive coverage are determined by the Blue Book value of your car plus repair cost estimates. If you are involved in an accident, collision coverage will pay for repairs or replacement. Comprehensive coverage is also effective in the case of acts of vandalism or damages incurred from natural disasters, including weather-related damages.
Personal Injury Protection and Uninsured Motorist Coverage for New Cars
Personal Injury Protection (PIP) will cover medical expenses in accidents involving a vehicle. Protection extends to you or covered family members even as passengers in other vehicles. If a vehicle strikes you while walking, you are also eligible for coverage.
Uninsured and underinsured motorist coverage fills the gap when the other person cannot or will not pay. If you are the victim of a hit-and-run or your vehicle receives damage by someone else, this portion of the policy covers you.
Tips to Save on New Car Insurance
Always shop around, both locally and through Internet resources. Obtain at least three quotes to make an informed decision and consider these tips:
Consider safety add-ons that protect occupants, including side-impact restrains, collapsible steering columns, and interior padding
Consider safety add-ons that help collision avoidance, including anti-lock brakes.
Look for companies that offer replacements for total losses. Some companies are now offering a service that replaces a new car that is totaled with another new car (same make and model), without charging or deducting for depreciation. “New” is usually defined as having less than 15,000 or within the first year of purchase (whichever comes first).

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Auto Insurance Tips

When purchasing insurance for your car, there are a variety of factors to consider. The state minimum requirements for auto insurance coverage vary depending on the state in which you reside; for example, in the state of Colorado, where I currently work as an insurance agent, the minimum requirements for auto insurance coverage is 25/50/25, which pertains to bodily injury liability limits. This translates out into $25,000 per person, $50,000 per incident, and $15,000 for property damage. Keep in mind that these are the absolute minimum limits required by law. I would definitely recommend carrying more than that in bodily injury and liability/property damage coverage. If you cause a multiple-car pile-up, or even cause an accident where a few people are injured, chances are that you would cause more damage than you think. The extra premium you are paying for more coverage is well worth it (and this is coming from someone who is pretty conservative when it comes to spending money).
Comprehensive and Collision Coverage
It is also important to consider what deductible amounts would work for your used car situation. It is important to keep in mind that the higher your deductibles are, the lower your premium amount for that year is. Also, there are two kinds of deductibles: comprehensive and collision. Comprehensive pertains to any damage caused to your vehicle by vandalism, acts of God, hit-and-run, and hitting an animal. Collision has to do with actually hitting another vehicle while on the road. Comprehensive claims do not affect your future insurance premiums, but collision claims do negatively affect you future premiums. So, I feel that you should have a lower comprehensive deductible, and a higher collision deductible. My personal auto policy has a comprehensive coverage of $100 and a collision of $1000. Also, glass is covered under the comprehensive deductible. Some insurance companies have a $0 deductible for glass coverage, so ask your agent about this.
Used Cars Worth Less than $2000
If your used or older car is not worth more than $2000, then cover it with liability only insurance. That way, you are not paying for a collision deductible if it would cost you more to pay out the deductible than the vehicle is actually worth. However, don’t forget about the bodily injury liability coverage, as this could cover you if you are ever at fault in an accident. If you injure someone, you cannot simply claim that you are broke and have no coverage—you will still have to pay for the injuries or property damage regardless.

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Auto Insurance Tips

When purchasing insurance for your car, there are a variety of factors to consider. The state minimum requirements for auto insurance coverage vary depending on the state in which you reside; for example, in the state of Colorado, where I currently work as an insurance agent, the minimum requirements for auto insurance coverage is 25/50/25, which pertains to bodily injury liability limits. This translates out into $25,000 per person, $50,000 per incident, and $15,000 for property damage. Keep in mind that these are the absolute minimum limits required by law. I would definitely recommend carrying more than that in bodily injury and liability/property damage coverage. If you cause a multiple-car pile-up, or even cause an accident where a few people are injured, chances are that you would cause more damage than you think. The extra premium you are paying for more coverage is well worth it (and this is coming from someone who is pretty conservative when it comes to spending money).
Comprehensive and Collision Coverage
It is also important to consider what deductible amounts would work for your used car situation. It is important to keep in mind that the higher your deductibles are, the lower your premium amount for that year is. Also, there are two kinds of deductibles: comprehensive and collision. Comprehensive pertains to any damage caused to your vehicle by vandalism, acts of God, hit-and-run, and hitting an animal. Collision has to do with actually hitting another vehicle while on the road. Comprehensive claims do not affect your future insurance premiums, but collision claims do negatively affect you future premiums. So, I feel that you should have a lower comprehensive deductible, and a higher collision deductible. My personal auto policy has a comprehensive coverage of $100 and a collision of $1000. Also, glass is covered under the comprehensive deductible. Some insurance companies have a $0 deductible for glass coverage, so ask your agent about this.
Used Cars Worth Less than $2000
If your used or older car is not worth more than $2000, then cover it with liability only insurance. That way, you are not paying for a collision deductible if it would cost you more to pay out the deductible than the vehicle is actually worth. However, don’t forget about the bodily injury liability coverage, as this could cover you if you are ever at fault in an accident. If you injure someone, you cannot simply claim that you are broke and have no coverage—you will still have to pay for the injuries or property damage regardless.

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Policy Coverage

The private car can be used for social, domestic and pleasure purposes and also for business purposes excluding the carriage of goods other than samples by theinsured or his employees.
The Insurer undertakes to reimburse the expenses incurred for repair/replacement against any loss or damage to the Private Car and its insured accessories whilst thereon for the following events:
Fire, explosion, self ignition or lightning
Burglary, housebreaking or theft
Riot or strike
Earthquake (fire and shock damage)
Flood typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost
Accidental external means
Malicious act
Terrorist activity
Whilst in transit by road, rail, inland- waterway, lift, elevator or air
Land slide, rock slide
The additional Personal Accidents covers available under Private Car policiesThe various PA covers under Private Car policies are:
PA to the Owner Driver
PA to the Paid driver
PA to the Unnamed occupants
PA to the Named occupants

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Antique Auto Insurance - What so Different?

In a generalized view, antique automobile insurance is for those vehicles that are 25 years or older. Of course, this comes with some conditions that make it specialty insurance. There is a distinct difference between regular automobile insurance and Antique automobile insurance. A major difference in the insurances is the driving aspect. Antique vehicles are really not driven except for maintenance purposes. Regular vehicle insurance is designed for those vehicles that will be driven daily. Example: to and from work, family trips, etc. The highest mileage insurance company usually only goes to around 6 thousand mile a year. A true antique car will see somewhere between 500-1500 miles a year. This is only due to maintenance and road shows. It is known antique car owners put a lot of money and care into their vehicles. It is only necessary that coverage is designed to go along with that need.Requirements of Antique Auto Insurance Most requirements will stay in the same range. After all, we are talking about a car that is a prized possession. Below are some typical requirements you will find while shopping for antique automobile insurance. 1. The automobile will have to be a restoration, original, or in the process of being restored when coverage is allotted. 2. Certain mileage requirement a year, typically ranging from 1 thousand to 6 thousand miles a year. 3. Must meet the requirement of 25 years or older.4. Owner must posses a “daily” vehicle that does not include the antique vehicle. 5. The antique automobile must be under lock and key when not in use.If you notice, antique automobile insurance does come with strict guidelines. These guidelines were put in place so there would be no such abuse for coverage. If you are an antique car owner who enjoys riding in your car daily or more than 6k miles a year, some insurance carriers allow for such use as long as the car has additional insurance coverage. For most people this would be too expensive and not plausible. Where Can I Find it? As with all insurance offerings, there are many places to search for when online. The best thing to do is shop around to find the best policy to fit your needs. Keep in mind, the cheapest does not always mean the worst and the most expensive does not always mean the best. It is important to choose an insurance company that will be able to handle your claim if you are involved in an accident; the car is stolen, or even vandalized. It is a shame that these things happen, however, they do, and you need to make sure your hard work and effort will not be fruitless if there were to be a problem. Insurance is designed for an owner to have a sound mind in case these incidents do happen. To cover yourself further, you may want to consider getting a professional appraisal. This in itself will save many hassles on the value of your car. The more steps you take now to protect yourself, the better it will pay off in the end if you had to make a claim.

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auto insurance

Welcome to AutoInsuranceRemedy.com
AutoInsuranceRemedy.com is a full service auto insurance site. It includes information about the different kinds of car insurance policies and rates, plus ways to shop, compare and save on car insurance quotes. Our network of over 1000 licensed insurers and agents will provide you with up to eight quick online quotes from one simple form, often at a substantial discount. To compare cheap car insurance quotes, begin by filling out our short insurance form above.
Below you will find some basic information all drivers need to know.

State Regulations & Required Automobile Insurance
Virtually all states require that drivers carry a minimum amount of car insurance.* Yet the amount and type of insurance that motorists must purchase varies considerably from state to state. Some states, like Maine and Alaska, require as much as $50,000 coverage for bodily injury of one person, $100,000 for injury to all persons in an accident and $25,000 for property damage (usually written as 50/100/25). Other states require as little as 10/20/10 such as Louisiana and Florida.
*The few states that do not require insurance have, instead, other regulations; often drivers must provide documentation that they can meet their financial obligations in case of an accident, for example. Even in these states most motorists simply carry car insurance.

Proof Of Insurance Required
Most states require proof of insurance which typically must be shown when the car is registered, following an accident or when driving on the highway. Many states have severe penalties for drivers who do not carry the necessary coverage. These penalties can range from as little as a $100 fine to the following: a suspension of a driver's license and suspension of the car registration for up to six months, up to a $5000 fine, and up to one year in jail.

Other Types Of Coverage That May Be Mandatory By Different States
Basic Automobile Liability Policies Required By Most States:

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How Auto Insurance Rates Increase with Accidents

You might have heard this before, but getting into an accident is something that can affect your auto insurance. Like we said, you may have heard the phrase, but you might not have had to explained to you in depth. We want to help you understand why your auto insurance rates increase when you get into an accident. This will help you focus easier, and understand more about how your car insurance works. Use the following information to expand your insurance knowledge, because you never know when it could come into play. You need to continue to fight for fair auto insurance rate changes that may occur.
How Much Can Your Insurance Go Up?
First thing you need to do is make sure you always have insurance while you are on the roads. Generally, after an accident you can find that your car insurance goes up about 20% to 40% within the next 6 months. The amount it actually goes up will depend on the insurance company, so make sure that you hold them accountable. You are also at risk of losing some discounts that you might have had earlier. These discounts could make the amount you pay even higher. You really do not want the accident you get in to cost you a lot of those great perks that you have built up over time. It could be a lot to handle for your finances.
Protecting Yourself
If you find yourself in an accident you need to make sure you are watching out for your needs. Make sure that your involvement in the accident is clearly represented. You do not want it to seem like you had more involvement than you actually did, because this could hurt your insurance more. If it is not your fault then make sure that it is listed as something that was not your fault. A lot of people hurt themselves and their car insurance rates because they are not paying attention to how the accident is portrayed. You need to be safe while driving, but also make sure you are safe after an accident occurs. Fight for your own protection.
Tips on Avoiding Accidents
Make sure that you are always clearing out distractions that might cause you to lose focus. If you are driving with kids and they are yelling, you might have trouble paying attention. Pull over and ask them to stop yelling. We all know how distracting cell phones can be. Make sure that you are not texting while driving! Finally, you need to make sure that you are watching out for other people on the road. Do not be so trusting, and make sure that the other cars respect your space. Look out for yourself and your automobile at this time.

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