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5 Ways to Save on Auto Insurance

Walter Edelstein — Wed, 29 Feb 2012 16:21:15 +0000

Regardless of the type of car you drive, whether it’s old or new, or expensive or affordable, there’s one constant – you’ll need car insurance. Even if your car spends most of the time in your garage, you are legally required to have auto insurance before you can drive it on the road. Because auto insurance is one of those expenses that’s impossible to escape (at least while you own a car), it’s important to make sure that you purchase an appropriate amount of coverage and pay insurance premiums that fit within your budget. Here is some information and advice...

Money Saving Advice for Auto Insurance with a Teen Driver

Walter Edelstein — Tue, 29 Nov 2011 15:46:35 +0000

Getting a driver’s license is an important milestone for any teenager. But it can be rather sad for the parents. It’s yet another sign that your little boy or girl is growing up, and it’s usually associated with a big increase in your auto insurance bill. Statistics show that teenage drivers are much more likely to have accidents than drivers with more experience behind the wheel. That’s why insurance companies charge higher premiums for young drivers. While there’s no way to avoid your insurance going up when you add a teen driver, there are ways to minimize the damage. Here’s some...

Reading the Fine Print of Your Insurance Policy

Walter Edelstein — Wed, 15 Dec 2010 15:01:20 +0000

The thought of reading through your insurance policy might seem like the ultimate cure for insomnia. The legalese and insurance industry terms simply might be too opaque for most people to easily make their way through. Sometimes, though, it’s worth the effort of reading all the “fine print.” In many cases, some of the most important elements of your insurance coverage are located in the riders and other less conspicuous areas of your written policy. Here is some advice on many of the confusing insurance policy terms, and how and what to look for in your insurance policies. Uninsured motorist coverage

One...

Should You Buy An Extended Warranty For Your New Car?

Mon, 28 Jun 2010 15:54:53 +0000

You've just bought a new car and now the dealer is offering you a whole bunch of additional options, one of them being buying an extended warranty for that brand new car. Know all the facts before you sign on the dotted line. Here is some advice about buying that new car extended warranty insurance. There is one thing that you need to know about car dealers – they are out to make the sale. Yes, they want you to find the car that you want with them so that they can make money. This includes trying to offer you...

Buying Affordable Car Insurance For Teens

Mon, 14 Jun 2010 15:39:45 +0000

We love our children and want to give them the best. When they turn sixteen, the “best” to them is a driver’s license and a car they can cruise around in. If you are in the market for car insurance for your teen, here is some advice on finding the most affordable auto insurance for them. Just the thought of your teen behind the wheel of a car can send you scurrying for the bottle of antacid tablets. You dared drive with them and they have now earned their driver’s license. So, it is time to find car insurance for...

Should You File An Auto Insurance Claim

Wed, 26 May 2010 15:05:50 +0000

To file or not to file; that is the question. There are certain situations where you should file a claim if your car was damaged due to an accident. However, there are other instances where filing a claim for losses less than $1,000 may not be necessary or advisable. Here is some advice on whether or not to make an auto insurance claim. Depending upon the terms of your auto insurance policy, a claim needs to be filed in cases where the amount of damage to the car exceeds the deductible. In addition, the law requires...

How Can You Reduce Your Insurance Premiums?

Fri, 26 Mar 2010 15:33:32 +0000

Luckily there are other ways than getting married (if you are single) or relocating to get your insurance costs down. One is comparison shopping. Like prices in a drug store, the cost of insurance can vary widely. The difference can be as much as hundreds of dollars for virtually the same policy. Here is some advice about how to reduce your auto insurance premiums. If you have two or more cars, putting them all under the same policy may cost less per car. Same goes for having home and auto policies from the same company. Insurers also like to see...

Car Insurance Claim

Tue, 29 Sep 2009 14:34:54 +0000

To file or not to file; that is the question. There are certain instances where you should file a claim if your car was damaged due to an accident. However, there are other instances where filing a claim for losses less than $1,000 may not be necessary. But there’s a catch. Depending upon the terms of your insurance policy, a claim needs to be filed in cases where the amount of damage to the car exceeds the deductible. In addition, the law requires damage above a specific amount to be reported to the Department of Motor Vehicles....

Car Accident Basic Steps

Tue, 28 Apr 2009 15:16:00 +0000

For every accident, the first step is to figure out if anyone is hurt and get help if needed. In most states, you are required to call the police. Drivers should then exchange names, addresses, telephone numbers, and the names of each one's insurance company or broker. You probably don't want to make any statements about your guilt or responsibility for the accident. The next call is to your insurer. Make sure you follow your policy's requirements regarding proof of an accident and assessed damage. Some companies will require names and addresses of witnesses and injured persons. You may have...

Auto Insurance Basics

Tue, 21 Apr 2009 15:11:56 +0000

Automobile insurance is essentially insurance that individuals or companies can purchase for any kind of vehicle in order to protect against losses sustained in traffic accidents. Auto insurance policies are, in reality, a bundle of different types of coverage. This insurance will usually cover the insured party, the insured motor vehicle, and any third parties involved. Different policies will identify the situations in which each of these entities is covered. Below are many of the coverage types involved when you purchase car insurance.

Liability Insurance: Liability coverage is the most basic and foundational coverage in car insurance policies and...

Saving Money on Automobile Premiums

Wed, 18 Feb 2009 01:59:11 +0000

Luckily there are other ways than getting married (if you are single) or relocating to get your auto insurance costs down. One is comparison shopping. Like prices in a drug store, the cost of insurance can vary widely. The difference can be as much as hundreds of dollars for virtually the same policy.

If you have two or more cars, putting them all under the same policy may cost less per car. Same goes for having home and auto policies from the same company. Insurers also like to see some initiative, as when a driver takes a refresher course on...