Did you know that you cannot use your auto insurance if you use your vehicle for commercial purposes (i.e. ride sharing)? Therefore, you're going to need to see your insurer and get coverage that allows for commercial activity.
In 1897, Gilbert L. Loomis purchased the first-ever-created insurance policy for his vehicle. He had recently been in a few accidents; he may have wanted to be insured against future legal issues.
We work hard to build a trusted relationship with our customers and strive to make you feel both comfortable and confident in our abilities by acting as your consultant.
Did you know that your credit score can actually influence your auto insurance rates? There are various links between credit scores and your likelihood to file claims or likelihood to cancel insurance. A car insurance expert will look at this and other factors to get you an accurate rate.
Every state in the country requires either automobile insurance or proof of financial liability in the event of an at-fault accident. While most states have passed laws that detail the minimum coverage acceptable in the state, it’s a good idea to talk to an insurance expert on the amount of insurance for your personal situation.
If you happen to be driving an old beater, you can probably forego getting collision damage protection for it. This is because, the car may not be worth much and extensive collision repairs may exceed its total value.
Strategies which can be used to reduce insurance coverage rates for teenage drivers in the family include: enrolling teens in driving safety school courses, checking for available student discounts and ensuring that teens are driving safe but low-to-insure vehicles.
What are “no pay, no play” laws? In some states, uninsured motorists can in the event of an accident be compensated only for direct monetary loss like the book value of the car. They can’t be compensated for indirect damages like pain and suffering.
Even though liability coverage is required, many drivers on the road are not properly insured. You should carry Uninsured Motorist coverage to protect you in case of an accident with someone without insurance.
Is the insurance company for the person who hit you giving you a hard time about paying for your repairs? In some cases, we may be able to pay your claim and go after the other insurance company in court.
Low credit scores give auto insurance agencies the impression that the driver may not be able to pay for the insurance on time. That’s why drivers looking for the most affordable premiums must keep their credit scores in check.
When you enroll your car in a ride sharing business, any accidents while using it for the service will not be covered by personal auto insurance. What you can do is to ask your provider for supplemental coverage in case you plan to get into this mode of business.
“High-risk” jobs are a thing in the auto insurance industry. The insurance costs may be affected by the job of the policyowner. If you think you are in a low-risk category, talk to your insurance agent about a better rate.
People seeking auto insurance can keep monthly payments low by driving a safe, slightly older, or less valuable vehicle. Expensive vehicles may cost more to insure.
If your car is being financed, your lender will likely require an insurance coverage that is higher than the minimum required by the state. You will encounter the same situation if you get a leased car. This is understandable, as these companies need to protect their investments.
We recognize that no one likes the idea of setting a high deductible for their car insurance policy. Remember, setting a low deductible can increase your premiums, so it may be necessary to compromise on a slightly higher deductible in order to keep down the cost of your insurance.
Many people do not have their classics insured correctly. Be sure to double check your policy to see if your classic is covered at market value replacement cost or you could be sad at claim time when you are offered next to nothing vs. the $45,000 it's worth.
Did you know that your credit rating can affect your auto insurance premiums as much as a past ticket or a previous accident? This is why it’s best to have your credit repaired before you shop for auto insurance.
Unfortunately, not everyone on the road maintains the legally required insurance minimum. Having uninsured motorist coverage could help you save money on repairs in case you’re hit.
Is your business at risk? Auto insurance for your business fleet covers damage to the vehicles, as well as any damage your drivers or the vehicles may cause.
What does personal auto insurance actually mean? It means that the insurance will cover only incidents that are related to driving for personal reasons and not for commercial activities. For example, your policy excludes accidents in case you used your car to deliver goods for your business.
While the law may only require you to get insurance to protect the people you may hit, it’s smart to cover your vehicle as well. Since there are a variety of coverage types available, it’s best for us to sit down to discuss your options.
We recognize that having vehicles on the road more often can increase the risk that one of your employees will get into a traffic accident. Remember, ensuring you have the right level of coverage can give you the peace of mind that your company’s finances are secure.
In addition to liability insurance, uninsured motorist protection is also something you should consider. With this type of protection, you are spared from shouldering any damages should the person you tangle with be uninsured.
Every business has unique demands on their vehicles, even from other businesses in the same industry. When you work with a commercial insurance expert, they’ll help you to find the coverage that fits your business and how you use your vehicle.
We can explain the factors that make umbrella coverage a good idea. The general idea behind umbrella coverage is to protect your personal assets by having sufficient insurance for any car accident situation.
While you are entitled to use any repair company you choose to repair your damaged vehicle, using one of the Guaranteed Repair Service (GRS) businesses we list is your assurance that your repairs are guaranteed for as long as you own your vehicle.
According to insurance companies, one in every five motorcycles is the subject of theft claims. However, it’s believed that almost a quarter of those claims are fraudulent – a big reason rates can be high.
Although you may have an umbrella policy, it may not cover liability for business-related accidents. The best coverage comes from a business auto policy that addresses your particular industry and usage patterns.
Do you have a scooter, golf cart, ATV, snowmobile or other motorized leisure vehicle? Most states require you carry at least liability coverage for them. When getting insurance for them, though, you’ll find it is through motorcycle policies.
Adding a new driver to your insurance policy can dramatically increase your premium! It pays to have an Auto Insurance Agency you can trust who will find the best policy and terms for you and your family.
If you loan your car to a friend or neighbor, and an accident occurs, coverage comes from your insurance policy first. We would then try to recover the losses from the driver’s insurance company.
One of the key statistics to determine auto insurance rates is the percentage of uninsured motorists. Nationally, nearly 14 percent of all drivers were uninsured in 2010, according to the National Association of Insurance Commissioners.
If your company has a business owner’s insurance policy, it is doubtful it covers company vehicles, just as your homeowners' policy does not cover your car. If you have vehicles that are used exclusively for business purposes, they need proper insurance coverage.
Do you know the minimum auto insurance required in your state? While most states mandate one, the rule varies in each. To check the requirement in your home state, you can visit the Department of Motor Vehicles’ website.
How do insurance companies decide what to charge for my policy? The key component in that calculation is risk. Based on your age, where you live, your driving record and even your credit score, your insurance company has statistics that indicate how likely it is that you’ll get into an accident. The annual premium is set to recoup the insurance company’s anticipated costs.
Living in the country may seem like it would reduce your rate, but they are actually higher because accidents in the country are more likely to total a car.
When shopping for a new car, consider how its make and model will affect the cost of insuring it. In 2018, the most expensive car to insure was the Mercedes S65 AMG, with average premiums of about $3,890.
If you are buying an RV, adding it to your auto insurance won’t fully cover it. Auto insurance isn’t designed to cover the ‘Recreational’ part of RV, like living space, kitchen appliances, etc. You need a policy specifically for RVs.
If your vehicle is involved in a hit and run, try to contain yourself and avoid chasing after the driver that did it. After all, for as long as you have collision insurance, you need not worry because the insurance company will foot the bill for the repairs.
Did you know that even the stripped-down base model of a vehicle still has more than 30,000 parts? Even without a DVD player, heated seats and back-up camera, that makes your typical car an impressive piece of machinery!
Commercial vehicles, especially large trucks, are not only more expensive than those for personal use, they also hold their value. You need a commercial auto policy that ensures you're not in a financial bind if something happens to yours.
Be careful with the amount of your deductible. While it is a way to lower premiums, you do not want to carry so high a deductible that you cannot afford the out-of-pocket costs that you would have to pay. We recommend setting aside the deductible amount in your savings account and leaving it alone until needed.
It’s important to remember that commercial auto insurance policies can provide you with additional options that you can’t get from your personal auto policy. For instance, you’ll have the freedom to add your employees to your commercial policy.
Planning to sign up with a ride sharing company? If you are, then you might want to get additional insurance coverage. This is because your current policy probably doesn't cover the commercial use of your vehicle so you may be in for a nasty surprise if you try to make a claim.
Every insurance company offers discounts, but they may differ in kind and requirements. Always ask an agent what discounts are available, and compare them to what other companies offer. Choose the agency whose discounts match your situation.
If you live in a very busy neighborhood and you happen to park on the street, collision insurance is something you may want to have. Such a policy protects you financially should you find your vehicle damaged due to a hit and run.
Just as with automobiles, riding a motorcycle with a good safety rating can keep your insurance premiums low. Also, owning one that is not expensive to repair can lower them as well.
As development expands into regions that were once wilderness, the incidence of collisions with deer and other large animals has increased. If you regularly drive in wooded areas, make sure you have sufficient coverage for this type of collision.
In addition to lower rates for vehicles with good safety ratings, insurance companies also give discounts for cars considered “low profile.” That means cars that are less likely to be stolen.
Does a deductible still have to be paid for insurance coverage even if an accident is not a driver’s fault? In most cases, yes. However, depending on the type of insurance coverage it may be possible to recover the deductible costs from the driver who caused the accident.
Potential buyers can get exact quotes for their auto insurance and get a better feel for an insurance company by visiting their site directly. Some auto insurance websites will also provide quotes from different providers.
Does a deductible still have to be paid for insurance coverage even if an accident is not a driver’s fault? In most cases, yes. However, depending on the type of insurance coverage it may be possible to recover the deductible costs from the driver who caused the accident.
Do you ever wonder what would happen if you were in an accident with a very expensive vehicle? If the cost of their repairs and medical bills exceed your coverage limits, they could come after you in court.
Not interested in an extended warranty from the dealership for your new car? Then consider adding mechanical breakdown insurance to your policy in case something happens. It can usually be added anytime up to a year or 15,000 miles after buying the car.
Potential buyers can get exact quotes for their auto insurance and get a better feel for an insurance company by visiting their site directly. Some auto insurance websites will also provide quotes from different providers.
Does a deductible still have to be paid for insurance coverage even if an accident is not a driver’s fault? In most cases, yes. However, depending on the type of insurance coverage it may be possible to recover the deductible costs from the driver who caused the accident.
Are you the type of person who’s always looking for ways to trim your insurance premiums? Remember to check with us when shopping for a new car because we can help you zero in on the vehicles that are less expensive to insure.
If your car is in an accident, the registered owner is responsible and not necessarily the driver. That is why it is important to immediately cancel a car's insurance once you've transferred the title.
Do you ever wonder what would happen if you were in an accident with a very expensive vehicle? If the cost of their repairs and medical bills exceed your coverage limits, they could come after you in court.
Not interested in an extended warranty from the dealership for your new car? Then consider adding mechanical breakdown insurance to your policy in case something happens. It can usually be added anytime up to a year or 15,000 miles after buying the car.
Potential buyers can get exact quotes for their auto insurance and get a better feel for an insurance company by visiting their site directly. Some auto insurance websites will also provide quotes from different providers.