Car Insurance -- Clarifying Things

When you buy car insurance, you enter into a contract with the insurance company. Under the contract, if your car meets with an accident, the insurance company must pay for the losses. Your part of the contract is to pay the premium.

Car insurance provides property, liability and medical coverage. In case of damage to or theft of your car, property coverage will pay for the losses. Your legal responsibility for bodily injury or property damage caused by your car is taken care of by liability coverage.

The cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses are paid by the medical coverage.

Majority of the car insurance policies are valid for six months to a year. You must renew the policy once it expires.

All states require you to have some form of car insurance if you own or operate a car.

Insurance Quote

The penalty for driving a car without insurance is different in different states. Some states impound your car. Some states impose heavy fines. You could be in serious trouble if you car is involved in an accident without insurance. You will be financially responsible for paying for any injuries or damages out of your own pocket.

The insurance company will consider your credit history, the age and type of your car before offering you a rate.

As the owner of a car, you are responsible for providing insurance for the car, no matter who is operating the car. It is illegal for cars to be operated without insurance.

Finally, a few savings tips...

1. Marriage is something that will do your auto insurance rates a world of good. This is true even though you can't just go off to marry just because of this. Insurers have statistical data that show that people are less reckless and much more careful on the road when they get married. Insurers will tell you that their records show that married people make fewer claims. Furthermore, when they do make those claims, they usually cost less on the average than those married by their unmarried counterparts.

Auto Insurance Quotes

2. If you want to keep your rates down, do NOT "pimp your ride." Things like changing your tires to bigger ones than specified by the manufacturer, adding equipment that will increase your car's horse-power will cost you a lot more. So if you're really serious about keeping your rate down, leave your car the way it was manufactured.

3. Do you know that some folks are paying much more in auto insurance because of where their homes are? Also note that a neighbor not too far away might fall under a lower crime zone than you -- This affects rates.

Therefore, take your time to ask your agent what effect your new zip code would have on your rates before you make that down payment. The truth is that most people don't think about this when they are about buying a home.

Since you may live in the same home for decades to come, a difference of $200 in auto insurance rates would amount to thousands over the years.

4. A lot of folks have lost their cars in the short seconds that they took to dash inside to get something while leaving their cars running and unlocked. Don't make this mistake. This simple act makes it very easy for thieves. Remember, they look for easy targets. It certainly doesn't get easier for a thief than an unlocked car with a running engine.

Cheap Auto Insurance

5. Using your parents' car insurance policy is a good option for you an under twenty five. The fact that you're of driving age means that your parents are of a lower risk age bracket.

There are two conditions that you must fulfill for this to be possible: The vehicle must be registered in your parents' name and you must live with them. If you want to be the owner of your car, then be the big boy or girl and also own the costly rates. Sorry, you cannot have both with this alternative. However, you can still make huge savings by clicking the link at the end of this piece.

6. Visit a minimum of five insurance quotes sites. Requesting quotes from a minimum of five quotes sites raise the chances that you would receive better auto insurance quotes. This is because insurers not represented by one site will be represented by the other.

And, you know that because the likelihood of getting lower auto insurance quotes has to do with the range of quotes you obtain, the more insurance companies you obtain quotes from, the better your chances will be.

Requesting for your auto insurance quotes online will help you save a bundle if you invest just 25 minutes to obtain quotes from a minimum of five insurance quotes sites.
Get Cheap Auto Insurance Quotes And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!