Car Insurance For Females - Five Proven Tips to Get Lower Rates!

1.Shop around - Generally, females love shopping. Therefore, there is no reason why females should not shop around for their car insurance! Sufficient amount of shopping around to search for the best quotes is your foolproof bet to cheap car insurance for females. Insurance companies do not normally give out similar quotes; they are usually different between companies. So, it is up to you to compare them and take up which you think is the best deal.

2. Some insurance companies offer lower premiums for drivers who has graduated from driving classes. These defensive driving classes are capable to educate you into becoming a better driver. Enrolling in these classes is also a good way to get cheaper car insurance for females. Furthermore, they are usually inexpensive and some can be taken at home.

3. Get a higher deductible amount for your car policy. Higher deductibles will lead to lower premiums. If you think you cannot afford to pay very high deductibles in the event you make any claims, start saving the money now! Save a portion of your salary every month in your savings account. The money saved will be used to pay the deductibles once you file a claim. If you finally didn't make any claims, you will eventually be left with some extra money.

4. Drive carefully so that you will not land yourself in any traffic violations or accidents. The more tickets you get, the higher the rates that you will receive. Therefore, always drive cautiously to lower your risk and your insurance company will be happy enough to give you cheaper car insurance for females. They might also reward you with bonuses for the amount of time you are accident-free.

5. One of the most common mistake that people usually make is choosing the minimum amount of liability for their car. Seriously, if you are willing to pay slightly more, let's say extra ten dollars a month for more coverage, it helps a lot in preventing your finances to be ruined in the future.

Article Source: http://www.insurancearticle.com

Why Is Your Car Insurance So Expensive?

Although these days it's pretty easy to arrange your car insurance online, comparing quotes at the click of a button and paying by credit card for instant cover, one ever present difficulty still remains: the high cost of insurance policies. The fact that having car insurance in place is both a legal requirement and a sensible idea doesn't detract from the annoyance of having to pay what seems to be an exorbitant sum, and most of us would jump at the chance of reducing the bill.

To do this we need to know what factors insurance companies use when deciding how much our premiums will be.

Perhaps the most important influence on the level of your premium is your own history as a driver. If you've a history of having accidents, then naturally you're a higher risk to the insurer and so they'll charge you more. Worse, if you've been convicted of a motoring offence such as speeding or driving while under the influence, then your insurance will cost you even more - especially if your licence was withdrawn.

On the plus side, a history containing no black marks such as accidents will result in cheaper insurance as you build up a 'no claims' discount over the years.

The next most important factor is what kind of car you're trying to insure. Naturally, more expensive cars will cost more to replace, and so the insurance will cost you more too. This isn't the whole story though, as other features such as engine size, the availability of cheap spares, and the difficulty of repair will have an influence too. Finally, some models of car are well known for being easier to break into or steal than others - the insurance companies are well aware of this and will adjust their quotes accordingly.

How you use your car will also affect the price you pay for cover. If you rarely drive and have a low annual mileage, then your premiums can be cut as you're on the road for less time, and therefore have less chance of needing to make a claim. City drivers may also have to pay more compared to those who drive in quieter areas.

Where you keep your car is important too - if you have a secure parking area, preferably one that keeps your vehicle out of sight and under cover, then your risk is lowered, as will be your premiums. Cars that are regularly parked at the roadside are at a higher risk of being stolen or involved in collisions, and so will be more expensive to insure.

One final point to cover is that of how attractive your car is to thieves, and not just in the obvious way of how desirable your vehicle is! An expensive car with a good security system including an alarm and window etching etcetera will be more of a hassle for criminals to profit from, and so is less likely to be stolen than a cheaper car with little or no security. Also, a car featuring plenty of gadgets such as an expensive audio system or satellite navigation will attract greater interest from potential thieves.

So as we can see, even though car insurance is an expensive business, it's not always as simple as it seems, and by looking at what insurers want in a 'perfect' customer, you may be able to drive down your premiums.

Article Source: http://www.insurancearticle.com

Protect against road rage with the right car insurance

In today's increasingly stressful world, it may come as little surprise to learn that a growing proportion of drivers in the UK are now subjected to incidents of road rage each year, with millions of British drivers getting involved in or being the victims of verbal exchanges; or sometimes even physical scuffles on the roadside!

Young drivers in the 18 to 34 age bracket are the most likely to be involved in road rage incidents, while drivers who are aged 55 or older are the least likely group to be involved in angry exchanges.

Tailgating seems to be the most common contributor to road rage. Tailgating is where a motorist drives too closely behind the car in front, and was accountable for around three quarters of road rage incidents in the past year.

Such incidents can lead not only to rising blood pressure and in extreme circumstances physical injury, but can also result in the offender causing damage to their car, thus leaving them even more frustrated and with a potential hike in their car insurance premium. MoneyExpert found that half of those who have been affected by road rage were subject only to verbal abuse, but a considerable portion also had their cars damaged maliciously.

As Sean Gardner from MoneyExpert.com noted, it is likely that most drivers will lose their tempers at some point while driving, either from being cut up at a roundabout, or after being exposed to the dangerous antics of reckless drivers. As a result, there is some sympathy for those motorists who are victims of other people's bad driving. However, when drivers cross the line and let their tempers get the better of them then that is the time when the victimised driver will want to have a car insurance policy that protects them from road rage incidents.

Some insurance companies, such as women's car insurance provider Sheila's Wheels, will not only cover the cost of any damage to a car if its owner falls victim to another motorist's road rage, but it also offers counselling if the driver feel traumatised by the event. Other providers offer monetary compensation, and will provide cover as standard for personal injury and car damage resulting from incidents of road rage.

Meanwhile, the RAC has found a notable difference in the way people act when they are driving compared to when they are not in their car, claiming that the impression of safety which being in a car provides makes people bolder and more likely to let their tempers flare, with almost half of motorists admitting to becoming hot headed much more quickly when they are behind the wheel.

The RAC also found some disparity between the number of people who consider themselves good drivers when compared with their perceptions of other drivers; almost all drivers were found to consider their own driving style as either 'considerate' or 'very considerate', but when asked about the driving styles of others, less than half thought that other drivers were considerate.

Some of the responses that people said they give to drivers who they consider have done them a wrong deed on the road include slamming on the brakes when someone is tailgating them;, getting out of the car at traffic lights to have a confrontation with the other driver, ; giving them a dirty look;, issuing a rude hand gesture, while one driver was so upset that they threw a Chinese take-away at the offending party!

However, it's not all doom and gloom on the roads, as the research showed more people will make the effort to thank other drivers for being courteous, perhaps by letting them out of a junction for instance, than the number of people who said that they would sound their horn if they were annoyed by another driver.

Acting director of the RAC Foundation, Sheila Rainger, urged drivers to keep their cool on the roads or else face the prospect of possible damage and a claim on their car insurance policy. For the sake and safety of other road users, she said, it is better to recognise that they are not God's gift to motoring and to quietly go on their way.

Article Source: http://www.insurancearticle.com

Car Insurance - The Loss of Use Policy Exclusion

In this article we will be looking at the "loss of use" exclusion clause in your car insurance document. It describes what alternative transport your insurance company will offer to you if your own vehicle is disabled because of theft or accident. In the majority of cases the answer is in the negative!!

Some insurance companies have a network of appointed repair shops who will offer you a courtesy car if one happens to be available. A few insurance companies have a car hire scheme as part of their policy whereby they will arrange a car for you from their chosen car hire company. However, most insurers do not offer either of these options.

Most insurance companies offer a car hire extension to their comprehensive policies. The extension is expensive and the policy cover is quite limited. You should decide if you feel it essential that you purchase it. It is not a vital 'add on' for everyone. Answer these questions:

If my car was disabled would I still be able to :
- get to work (by train, cycle, bus, walk)?
- take the children/grandchildren to school?
- go shopping
- go on holiday?
- pursue my sports, social interests, hobbies etc?

If you could cope without a car for a few days, you don't really need to purchase this additional cover. If you're sure that you can't then you should check that you have this cover.

Bear in mind, if your car is stolen or an accident is your fault, you will not be able to claim any car rental costs from a third party. You won't be able to go and see a 'credit hire' company. You probably can't be certain of the loan of a courtesy car from the garage. So this additional cover becomes worthwhile for you.

Similarly, if you do not wish to use the recommended repairer of your insurance company, or your car is written off, your car hire additional cover should come to the rescue. Let's take a look at what you can expect from a typical policy.

You may only hire a car if yours is disabled for at least 2 days, but the maximum period of hire is 14 days. If you need it for more than this you will have to pay the additional cost to the car hire firm. There's been many a disagreement between repair shop, insurance company and vehicle owner when repairs have overrun because of non-availability of parts and no party wants to pay the additional car hire costs.

You can't have a hire car for a glass only or windscreen claim.

There's usually a maximum distance that the hire company will deliver a rental car so if you live out in the sticks and the hire company is a fair few miles away from you, expect an additional charge if you arrange for them to deliver it to your home. Is it possible for you to get to the nearest branch yourself?

Your existing motor insurance policy will cover the hire car for comprehensive benefits. That helps your insurance company to limit the price of the hire car cover but if you are involved in an accident whilst using the rental car, the insurance claim will be on your policy.

The rental car can only be claimed from the date your car goes in to be repaired if it is still safe and legal to drive your vehicle. If the vehicle is not safe to drive you can hire the car from the day of the accident.

Policies will very likely impose a maximum period of hire, such as 14 days. If your car is restored prior to that date, you have to return the hire car as soon as your car is returned.

The rental car supplied will almost certainly be a basic, manual gearbox model no more than a couple of years old. If you require something a bit bigger you might have to pay a supplement. If you require an automatic they will try to locate one for you within the vehicle groups specified in the policy. The hire car will usually come supplied with a tank full of fuel. You must return it with a full tank of fuel. If you don't you will be billed by the hire company for a fill up. And they charge a very high price for fuel!

Some hire companies will ask for an imprint of your credit card, guarding against the possibility of having to top up the fuel in your car or bumping it whilst out and about.

Article Source: http://www.insurancearticle.com

Car Insurance

With so many companies offering auto insurance, choosing the right auto insurance policy can be a complicated and difficult task. It is important to remember that not all auto insurance companies have the same criteria while deciding the cost of auto insurance and different companies will offer different auto insurance quotes for the same cover. If you are looking for auto insurance, here are a few tips to help you make an informed decision:
Deciding how much coverage you need
General recommendations for accident liability are 50/100/25. $50,000 bodily injury liability for one person injured in an accident, $100,000 for all people injured in an accident and $25,000 property damage liability. Keep in mind, the above mentioned insurance options are for a typical motorist. If you are 'accident prone' you might want to go for more comprehensive auto insurance cover.
Research your options
If you already a few unpaid parking tickets or have had a spate of parking tickets in the past, don't apply for auto insurance straight away. Auto insurers always check past accidents and parking tickets before offering a quote, before applying for auto insurance wait till the points you have earned have disappeared. If you already have auto insurance, look through the bill and find out exactly how much you are paying for your current insurance cover. Note down how much your automobile is insured for and how much you are paying for your current automobile insurance cover.
Receiving quotes
Once you know exactly what your new insurance company has to compete with, start looking for auto insurance companies online. Don't restrict yourself to online insurance quotes only; speak to friends and family members for references as well. You can also visit websites like insurecomparequotes.com to compare quotes from various insurance companies that are located in your city or county. Don't settle for a single company and get quotes from various companies before finalising an insurance company. Auto insurance quotes vary appreciably from company to company, and you should carry out an exhaustive market survey before finalising auto insurance.
Also make sure the website you are receiving a quote from is a direct provider, most websites only offer instant quotes on behalf of a larger auto insurance company. In such cases, it is simpler to pick up the phone and get in touch with the auto insurance company directly.
Getting in touch
Once you have short listed a few companies, get in touch with each company on the phone and discuss each quote in detail. Make sure you get a copy of the quote via email or fax, and the auto insurance company has details like vehicle registration number on their file. While speaking to the salesman try and get discounts and look for a company that is offering you a 'no frills' assessment. It is important to be flexible and choose auto insurance that meets your individual requirements, chop and change to make the quote as competitive and meaningful as possible.

Article Source: http://www.insurancearticle.com

How To Buy Car Insurance

Purchasing insurance can be a daunting and laborious task and all too often very expensive, but it needn't be as long as you follow these four easy steps:

Choose your level of cover

The amount of insurance that you need may vary depending on several factors. For example, it might be better to insure an old vehicle with 3rd Party insurance as the premiums on comprehensive insurance for the car might outweigh the advantages of full cover. The amount of insurance you require could also depend on things like the amount of money you owe and own, your assets and how much out-of-pocket cost you could afford.

It may also be worthwhile looking into a combined house and car insurance policy as various insurance companies provide lower premiums for these policies. Some insurers offer discounts on multi-vehicle policies too.

If you are uncertain as to what level of cover you require, it may be best to contact an insurance broker for assistance.

Comparison shop

Shopping around for the best motor insurance deals could save you hundreds of dollars. Numerous websites in the US, UK, Canada, Australia and South Africa provide online insurance quotes and comparison shopping services. If you have a couple of insurance companies in mind, call them directly for a quote or contact a broker to do this for you. The important thing is to get several quotes from different insurance companies.

Once you have your quotes compare the premiums, but don't make your decision solely on this. A car insurance policy may cost less because it offers less cover or has more restrictions. It is also wise to go with an insurance company that has a good record for paying out claims.

If you are considering buying a new car or motorcycle, it may be wise to shop around for insurance quotes before you make your purchase. Premiums differ vastly depending on the make and model of the vehicle. For example, certain car models are more popular with thieves making them a greater risk for insurance companies. Some cars are more expensive to repair and some damage more easily. The amount you will need to pay for insurance may sway you to buy a lower risk vehicle. Even if the price of insuring your new car isn't very important to you, having quotes to return to once you buy your car will help get you covered a lot faster.

Get intimate with the policy details

Understanding the fine print of your insurance policy might save you both money and grief if you should need to claim. Make sure that you understand the terms and cover of the insurance policy you decide to purchase, especially:

Who and what is insured

What exclusions and limitations apply

When the cover starts and ends

What level of cover is provided

How much your premium will be

When and how to claim

If you are unsure about any details of an insurance policy, it is best to ask an insurance broker or agent to explain.

Reassess Your Policy Periodically
It's a good idea to shop around for insurance quotes on a yearly basis, but certain important events in your life might warrant another look at your insurance needs. This could include:

Getting married or divorced

Starting a family

Renting a house or apartment

Buying a new house or car

Significant changes to your income

Retiring

Following these simple but extremely important steps can help you save money and hopefully change your perception of car insurance as being a 'grudge purchase'.

Article Source: http://www.insurancearticle.com

Classic Car Insurance - How to Get The Right Insurance

One of the most interesting hobbies that you can have is to own a classic car. However, as pleasurable as it may be, owning a classic car also requires a lot of responsibility. Although the concept of having a classic car is nice, it can be very hard to take care of them. First of all, owning a classic car means that you will have to pay high bills for their maintenance. Moreover, you would need to be stringent in your security measures, since these cars are more prone to theft as compared to regular cars. These cars are worth more and thus you would need to protect them to the best of your ability. Thus, owning a classic car can be very costly and you will have many expenses to make even after you buy your classic automobile.

One of the other responsibilities for classic car owners is the classic car insurance that you have to get. However, classic car insurance is very expensive, as compared to regular car insurance. As you know, an accident involving your classic car will be very costly. While a normal fender bender accident would cost only couple of hundred dollars, an accident involving classic cars would cost usually thousands of dollars. In the case of a more serious accident, the cost of repair for your classic car can cost in the range of tens of thousands of dollars.

Moreover, a classic car is a high theft risk and thus this criterion also causes classic car insurance to be very high in price as compared to normal car insurance. However, you are not without options, as you can easily find some means to reduce your car insurance. In order to reduce your classic car insurance here are some steps that you can take:

- First of all, security is the most important concern for your classic car. You would need to install a high end advanced alarm system in your classic car to protect it against thieves. Some people do not install an alarm system thinking that it will damage the originality of their classic car. Nothing can be more important then protecting your car and having an alarm system is very important for the insurance companies.

- Make sure that you have a closed garage to put your car inside at night. This can also help immensely in reducing your classic car insurance and it will help to protect your car.

- It is important for you to determine whether you will use your classic car for long distances. If you are not using your car to travel around, then your mileage will be low and as a result your classic car insurance will decrease. Hence, try to use your regular car to get around and use your classic car only on special occasions to keep the mileage down.

- You can also get a group discount, especially if you have another regular car. This way, you can get a really good reduction on your price.

Article Source: http://www.insurancearticle.com

High Risk Auto Insurance - Affordable Car Insurance for High Risk drivers

A "high risk" auto insurance classification is not tag anybody wants to be associated with, but it's a real cold fact. Some people due to some misfortune they can, or can't control find themselves tagged and labeled high risk -- and there is nothing they can do about. You're considered a high-risk by insurance companies if you fall into one, or combination of these categories: If you've had your driver license revoked or suspended, if you had bad driving record, bad credit score; or even if you live in a neighborhood considered risky and bad, where car thieves run rampant.

Things may get better

Where there is a will, there is always a way ... if you find yourself assigned a "high risk" that is not the end of the world as we know it. Most state have what is called Automobile Residual Classified Market, where some disadvantaged consumers can get reduced insurance premium based on their level of risk. If you have tried, and wasn't able to secure automobile insurance through the regular channels, you should turn to your states' "Automobile Residual Market" for help. Any driver with a valid driver license should not go without automobile insurance ... so if you can't get coverage that you can afford through the open market, go through the residual market pool.

Your local chamber of commerce is always an avenue to use if you don't know how to contact the high risk pool program is your area. There're also hundreds of high risk auto insurance companies in the open market who offer discounted premiums to high risk consumer, but most won't know how to find them, unless you contact some authorities in your area with such knowledge. When you're tagged and cast-out by most insurance companies who are not even willing to sell you insurance at any cost, your options become limited: but there is always one place you can turn to. The Internet! Where you can search for multiple quotes from competing insurers; and hopefully find an affordable quote.

Look hard for the help you need

Things like DUI, bad credit score, or living in crime-ridden neighborhoods may be preventable, but sometimes can't be helped. Don't let something you can control prevent you from getting affordable high risk auto insurance: control things you can control ... like making sure you don't start shopping for new policy after you cancelled you old one. Do you know that cancelling your auto insurance before you get new one can throw you into "high risk" classification? Always shop for new car insurance when you're fully insured and in good standing with your current insurer.

When you are in need of car insurance as a high risk driver there are thing you can do to improve your chances. Most people do things based on value judgment -- and shopping for auto insurance when you're a high risk consumer is no exception. Shop around for better deals always, if you're high risk auto insurance consumer. Always use the Internet for your advantage when you can to explore the magic of instant multiple insurance quotes online.

Article Source: http://www.insurancearticle.com

Advantages of buying car insurance online

You may buy your shopping online so why not choose to buy your car insurance online as well? Many people are starting to buy their car insurance policies online for more than just convenience. Why do things the old way when using the internet for your car insurance policies is faster, smarter and more efficient? You can get a car insurance quote in an instant!

It's one of the easiest ways to get an instant and easy quote for your car. There are not many insurance companies that are not on the internet, and all of them that are, have the facility to give a customer a car insurance quote. There are also car insurance companies who operate only over the internet, providing you with the cheap car insurance you need.

Most internet car insurance companies allow you to search for cheap car insurance policies within a matter of seconds. This makes it not only a lot quicker for you but a lot less frustrating as well. These comparison websites offer you the ability to:

1. View many car insurance companies in one place, getting a car insurance quote without wasting to much time or effort;

2. Find which policy and what cover is better for you and your needs;

3. Find the best price for your specific level of cover, meaning cheap car insurance.

The internet is so much more convenient for getting a car insurance quote and buying a policy. You will be able to research which policy suits you and your needs better, and you will be able to find a cheap car insurance policy that suits your hip pocket as well.

With companies switching to the internet to offer their car insurance policies, they have realized that they can lower the prices of the premiums. Without any overheads to cover for the premiums, the insurance companies can offer the policies cheaper.

Another great reason to buy your car insurance policy online is that you are in complete control. You won't feel pressured to go with any one particular company, and you won't be pressured by sales agents desperate to get you to buy from them. You can choose what extras and features you would like on your car insurance policy, and you decide which company you want to go with.

So if you want to opt for convenience, cheaper prices, more choice and an all round great service, then using the internet is the way forward. You will be able to shop for car insurance policies, get quotes and purchase safely on the internet.

The internet has revolutionized the way in which we shop, make the jump and start buying your car insurance policies online as well. You will be amazed at the amount of time and money you can save by using the internet. The future for your car insurance policies is the internet.

Article Source: http://www.insurancearticle.com

Rate The Car Insurance Maze

With so many different decisions to make when it comes to the car insurance game, it could make your head spin if you're not careful. With so many different policy types, rates, deductibles, discounts and ratings, where do you start? What's the right questions to ask?

Who do you ask without getting a sales pitch at the end? Yes, with all the information out there now, it's still hard to get information that's unbiased and balanced. Most of the information sources you go to will have an ax to grind so to speak. You'll find most of the places you go to that offers auto insurance rating information online are ... you guessed it - auto insurance companies.

So who do you suppose they'll say is the best company to do business with? Their company of course. So you have to be careful when you go to some of these so-called insurance rating sites. Find out who runs the site and you'll find many are owned by auto insurance companies.

Right now you have a good start. Why? Because the best start is seeking current information. Most people depend on the first insurance company they run into (pardon the pun). Still others put their trust in one of those quote cheap payment insurance companies, you know the ones that advertise during daytime talk shows. If you've ever tried many of them, you know the advertising doesn't tell always tell you the whole story.

What most people fail to do is rate insurance companies properly. Why? Because most don't know how to do it in the most efficient manner. Most people don't know you can often rate or compare insurance companies with the click of a computer mouse. Rating the auto insurance company that's best for your needs can come easy when you know the specific steps to take. The key is to keep it simple by approaching this task with an organized plan of action.

Here's Tips To Rate The Car Insurance Maze.

1. Look for the auto insurance companies that have a record of quality service. Companies with a record of quality service will always leave clues. Even if the premiums cost a little more, quality services can more than pay for the extra cost, especially if you're involved in an accident.

2. Check magazines and websites that rate the car insurance companies. Many of these site and magazines conduct extensive surveys on customer satisfaction. For example, J.D Power, Edmunds, and Consumer Reports.

3. Take an hour and learn the auto insurance language. Most people who shop for insurance neglect to learn the language. By not knowing the language many people neglect to read their policy. Not understanding the auto insurance companies policy makes it harder to shop and compare prices intelligently.

With an organized company insurance rating system of your own you'll have an excellent tool to estimate car insurance. Use these tips to help you get through the car insurance maze.

With so many different decisions to make when it comes to car insurance it could make your head spin if you're not careful. With so many different policy types, rates, deductibles, discounts and ratings, where do you start? Right now you have a good start.

Article Source: http://www.insurancearticle.com

Affordable Car Insurance -- HowTo Get It

Everybody wants affordable car insurance. Looking for such low cost auto insurance coverage can at times appear like a futile exercise. The financially strapped do have a few options from most of the major insurance companies.

However, many of these options still fall well outside the bounds of affordable coverage. Many drivers especially those who want to maintain responsible driving habits without a lot of money can find this very infuriating. The good news is that you can pay lower premiums on your car insurance. All you need is proper understanding of the factors that can affect the premium.

Most of us are aware that driving records are the key factor in the entire set up. If you have repeated violations and prior claims, it can be difficult to get affordable car insurance in the near future. Records may disappear as time goes by. Once these records are ignored, you are left with the kind of enviable and desirable record insurance companies will fight to retain.

There are some simple measures you can take to have a more immediate effect if you cannot wait till this time consuming process gets over. It is well known that affordable car insurance is granted to drivers who represent a lower risk. What you may not realize is how this risk is calculated. Your risk is based on many factors.

You income, credit score to marital status and neighborhood. Change any one of these details and you may find your premiums drop dramatically. Changes in several factors can result in reduction of your annual payments by half.

Low cost car insurance only works as a business model if the insurance company doesn't anticipate having too many claims a year. Making yourself an attractive candidate in this regard will result in a surprisingly large number of doors opening to you.

If you are looking for affordable car insurance, then working within the rules is a speedy way to get the best deal possible. Watch out for any deal that comes too cheap or too easily. The best deal for you might not be the cheapest one.

Get quotes from different companies. You can compare quotes on online sites. Remember, affordable car insurance is possible.

Article Source: http://www.insurancearticle.com

Car Insurance When Renting a Vehicle

When you rent a vehicle you will be surprised by the amount of taxes and fees that you will pay on top of the rental cost. As you are checking out, you will be asked whether or not you want an insurance policy on your rental vehicle.

This question may throw you if you are not prepared for it, because the rental agency agents are quite good at making it sound like you need the coverage to save yourself thousands of dollars in the event of a crash. Do you need this coverage, or is it simply an additional cost to put more money in the rental agency's pocket?

What Is Covered

Answering this question begins with understanding what is covered by the policy. This will vary from rental company to rental company, but there are usually some similarities to these insurance policies. There are four basic types of coverage: loss damage waiver, liability insurance, personal accident insurance, and personal effects coverage.

Loss damage waiver covers your liability for damage to the vehicle if it is in a collision. This is not actually an insurance product, because it does not pay for the damage. Instead, it takes the liability for the damage off of you, as the renter, even if you caused the crash. The rental company's insurance will cover the damage to the vehicle. Some exclusions apply to the waiver, such as accidents caused by off-roading, drunk driving, or speeding. This waiver will also usually protect you from being charged for the loss of use that the rental company suffers while making repairs to the vehicle.

Rental cars automatically come with some liability insurance, because the state law will require it. However, the protection is minimal. Because most drivers need more liability coverage than what comes with the vehicle, rental agencies offer liability insurance.

If you or your passengers are injured in a crash while driving the vehicle, your medical care could be covered under personal accident insurance. This is fairly affordable to add to your policy. However, you likely do not need it if you have health insurance.

Personal effects coverage, the final type of coverage, will pay for any theft of the things you are transporting in the rental car. Keep in mind that your homeowner's or renter's insurance policy probably already covers the theft of personal belongings, even while traveling.

Do You Need Insurance When Renting a Car

Before you sign up for the car rental company's insurance policy, make sure you really need it. Some of the insurance products you already own may cover the same things that these insurance products will cover. Before you head out for your trip, call your insurance agent and find out what type of coverage you have when renting a vehicle. If you have collision and comprehensive coverage, you are probably already covered for a rental. However, if you only have liability coverage, you may want to consider purchasing the loss damage waiver when renting a car. When you call your insurance agent, find out if loss of use, towing, and administrative charges are covered if you were to wreck the rental.

Another place to look for existing coverage is with your credit card company. Many credit card companies that offer rewards programs automatically insure the rental cars rented with that card. This coverage is usually only for the rental vehicle itself, not for the people in it or the other vehicles on the road. However, this coverage combined with your existing liability policy and health insurance plan may be all that you need.

If after checking these two sources you do not feel that you have adequate coverage, then consider purchasing the insurance. While a crash is not that likely to occur while you are driving a rental car, it could, and not having enough insurance will end up costing you a pretty penny.

Article Source: http://www.insurancearticle.com

Car insurance for Rental Cars

If you are renting a car, you will need car insurance and if possible, the cheapest car insurance. If you already have insurance on your private car and it includes collision, then this may be adequate cover to rent a car. You might not be aware but a car insurance review might be just the thing you needed to make an informed decision.

Before renting a car, you will need to find out exactly how much coverage you have within your own policy. In most cases, your coverage and the deductibles that you have on your car insurance policy will be enough for a rental car. This is only if you use the car for pleasure and not for business.

If you're not comprehensively covered (or not covered for collision), then you won't be covered in if your rental is stolen or involved in an accident. Individuals who don't have any private car insurance at all have two further options. They can either buy coverage for the rental car at the counter or buy a non-owner insurance policy. If all that seems too much for you, then you will definitely want to read a car insurance review that will facilitate your understanding. And yes, it will help you find the cheapest car insurance.

Buying car insurance from the counter will cover a car for being damaged or stolen (although the policy may be void if speeding, driving illegally or under the influence of drink or drugs). The usual cost ($9 to $19) for this insurance is calculated by the day. Individuals who have comprehensive cover on their own vehicle will not have to buy this insurance when renting a car.

You can also buy other policies from the counter such as:

Liability insurance

Personal accident insurance

Personal effects coverage.

Some car rental companies do put all of these into a single policy, so always make sure you check the terms and conditions and make sure you’re covered for what you need. Also, with a car insurance review, you can browse through some of the existing offers and get a general idea, especially when it comes to finding the cheapest car insurance.

If you decide to purchase the non-owner rental insurance, this will cost around $300 a year. This may be extremely useful for frequent travellers or those who intend to rent a car for a long time. However, this type of rental car insurance does not include collision coverage. What collision coverage will do is protect you if you crash into a car or someone crashes into you. Check with your credit card company as sometimes they offer this type of insurance if you pay with your card.

If you use your own insurance when renting a car and have an accident, you may affect the future price of your insurance premium. You are effectively driving your own car so you need to be as alert and as careful as you would be in your own vehicle.

Knowing the opinions of others can be helpful in many cases and that is also valid for those trying to obtain the cheapest car insurance. A car insurance review presents all aspects related to holding such a policy and might provide you with useful insight!

Article Source: http://www.insurancearticle.com

The Benefits Of One Month Car Insurance

Finding insurance cover for a vehicle for short periods of time can be extremely complicated and negotiating with your existing insurance provider can be time consuming and frustrating. Fortunately there are an increasing number of insurance providers that make finding this type of insurance much easier. One month car insurance usually refers to a period of time that is less than 28 days and it is an extremely popular option for people that want to have temporary access to a vehicle but do not want to be tied into a long contract.

The concept of short term cover is that it allows you to insure yourself or a friend to drive a vehicle for a short period of time. Such are the laws in the UK that going without insurance is entirely illegal and irresponsible. By setting up an independent insurance deal you are able to drive around a vehicle without having to go through the hassle of having to add new people to an existing policy. It is a great option as many of the providers will send you a policy over the internet so that you can print them off and have a copy immediately. This can be extremely beneficial as you do not have to wait for a policy document to be posted. This means that you can drive away the vehicle that you have borrowed with great peace of mind. This can also be extremely encouraging if you have just handed over your car to someone else!

Aside from this there are many further benefits to short term policy cover. As already mentioned the speed at which you can arrange this coverage is often rapid and the possibility of printing off the document immediately delivers a number of benefits. One month insurance cover could be a great option is you were going away on a holiday and wanted to borrow a car, if you were moving house or furniture and wanted to borrow a vehicle to do so or if you were going to the tip or even a trip to University to drop of a child. It can work out far cheaper than hiring a vehicle.

Many people choose to use one month car insurance cover for family members. It is a great option for people that have children that come home from university for the holiday periods and would like access to the family car. The length of period in which you can take out a policy is variable so if you only wanted a policy for a shorter amount of time it is easy to arrange it. One of the best things about this type of agreement is that if an accident were to happen then it would not affect your current insurance agreement. This can be extremely beneficial if you have a careless student on your hands!

This type of agreement is also used for situations such as arranging for a friend to have access to your vehicle if you become ill. If you have been admitted to hospital for an extended period or need regular lifts to the doctor but can't drive then enabling someone else to drive your vehicle could be the answer. Many people also use this type of cover if their vehicle has gone in for a service or to have repair work done and they would like to borrow their partner's vehicle for a short period.

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Car Insurance for Teens - Thorough View

When teenagers and car insurance join hands, it always turns out to be a costly affair. According to the statistics, teenagers have been involved in larger number of accidents, when compared to their older counterparts. So it is needless to say that this degree of risk makes car insurance for teenager quite pricey. In most of the cases people add their teenage children (in possession of a driving license) as one of the drivers, in their car insurance policy. If an instance arises where the teenager gets involved in an accident while driving their parent's car then, being listed as a driver in that specific insurance policy can prevent the policy from getting cancelled. Listing the teenagers in the family's car insurance policy will not only safeguard the vehicle but will also provide them with invaluable experience in terms of functioning by the norms set by any particular insurance policy. The level of experience will also usher in the reduction of premium rates when they have their own insurance policy, as a their past driving record will help the company to calculate the amount the risk accordingly and if the person has not been involved in any collisions, then he stands a very good chance of receiving low premium policy.

A certain strata of teenagers would get involved in accidents, but the same cannot be said in case of all the teenagers. Lot of them can reach their destination by cautious driving. So there is plethora of discount schemes offered to the teenagers. Parent just needs to analyze which one will fulfill their requirements and for which the driver would meet all the criteria set by any specific company. A good student who can flaunt a B grade could help you clinch the deal in most of the cases and get a considerable rate of rebate on the amount of premium. There are a few companies who reduce the rate of premium if the parent of the teenager is armed with a course in driver's education. Taking up that course would help save a lot of money as the course fees is much lesser than the amount of rebate that you will receive.

A fancy and expensive car for your teenager would result in the soar of premium rates, so it is advisable to let teenagers drive inexpensive and older cars. It is a known fact that car insurance for teenagers are expensive in nature, but when you include them in your insurance policy then in cases of untoward incidents while a teenager is behind the wheels, your vehicle does not have to bear the brunt of the accident as it is insured in a policy where your teenage child is listed as one of the drivers.

Article Source: http://www.insurancearticle.com

Understanding that car insurance is more than a simple quote

Car insurance is mandatory. Everybody driving a car needs to have it. When buying car insurance many people simple ask for a quick quote and go for the cheapest insurance available. This however can prove to be a big mistake.

Car insurance like many other insurance policies is something people do not like to buy and do not like to pay for on a recurring basis. The reason is simple. Insurance is by definition a product that pays back only if god forbid something really bad happens. Thankfully for most people such bad rare events never happen and thus most people feel that all the money they have paid toward their insurance was a waste of money. But for a small group of people those bad rare events do happen and when they need to get paid back from their insurance policy they might find they have been paying for the wrong insurance for many years not being able to now get the benefit they need at their worst time.

Car insurance is relatively simple and within a short time anyone can get educated for its basic concepts. As with any other purchase everybody should pay attention and learn a bit about what they are buying before opting for the cheapest available option. Here are some basics things to know. First insurance is like any other product and the brand name and reputation of the insurer is important. Since you would only be interacting with the insurer service in the future if god forbid something really bad happens the only way to judge if the insurer is good or not is by reading other people experience. Thanks to the Internet nowadays you can relatively easily find information and reviews from other customers. Take the time to read and see what they say. Being able to easily file claims and get paid for your damages is important. Other fine print issues like your ability to choose your own car shop and so on are also very important.

There are however a few parameters in a car insurance that are easy to check and are easy to evaluate. One of those is the limits on the policy payouts. Simply put every car insurance policy puts a limit on how much they would pay per incident no matter what your damages were. The limits set by law for car insurance are very low and since the higher the limit the higher the insurance prices most insurers tend to quote insurance policies that only cover the minimum required payouts. If you choose to buy such insurance you might put yourself in a situation where you are underinsured. In other words if something bad happens like a car accident and the damages are higher than your insurance policy you would have to pay for the difference between the insurance limit and the real damages. In most cases increasing the limits significantly increases the policy in relatively small amounts which makes buying the basic minimum required limit insurance even more unreasonable.

Another thing to check with your car insurance is who and what is covered. The cheapest insurance would only cover damages to you and your car. If for example you hit another car and both your and the other car are damaged the insurance will only cover your car. This can be a real risk as you never know what the other car would be. For example hitting a Ferrari can be very costly if you have no insurance. Another parameter to pay attention to is coverage for uninsured motorists. If you get hit by someone and they have insurance their insurance would pay for the damages. But if you get hit by someone that has no insurance and no money you will find yourself with nobody to ask to pay for your damages. Paying a bit more for your car insurance policy can provide coverage for such cases where if the party hitting you has no insurance your insurance will kick in to cover your damages.

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Why Auto Insurance is Also Important for Non-Luxury Cars

Perhaps you are thinking that auto insurance is needed more by luxury car owners. Signing up for a full auto insurance cover protects dealers and consumers against all car crimes, damages caused by accidents, and against loss or damage caused by fire, theft, riot, malicious act and vandalism. But again, the question is, does it matter much for non-luxury cars like yours?

According to news and new data from automotive industry information providers, supercars and luxury models are not the only vehicles susceptible to theft, despite being the most common targets. The main reason that all car dealers have been warned of, is that all vehicles are at the risk of being stolen, highlighting the need for car insurance. What's more, recent data say that family, city and executive cars all have elements of theft risk attached to them, which indicates the necessity and importance for auto insurance coverage.

Auto insurance is never something to be taken lightly because it offers financial security that is required when driving a car. Often, people take for granted the need to get an insurance because they generally do not have problems in driving.

Strictly speaking, there are a great many reckless drivers on the road, so this makes for an image of safe roads and highways as not as 100% accurate, if at all, possible. In fact, there is always the chance of an errant accident, that is why car insurance should never be taken for granted as it provides the financial means to survive a liability claim. As far as priorities go in life, getting appropriate and suitable car insurance generally isn't one of the highest on the rank. It should be. Car insurance keeps, safeguards and protects both one of your most costly investments - your car - as well as providing wider insurance on any injuries you might encounter or experience in an accident. Most importantly, it provides cover should you injure a third party in an accident. These indicates the importance of making sure that policies of car insurance are up-to-date and relevant for the consumers.

Technically speaking, car insurance protects people from the financial costs that may result from the loss of life, loss of health, lawsuits, or property damage. Car insurance provides a means for individuals and societies to cope with some of the risks faced in everyday life, people's homes or other property may suffer damage or theft or they may also accidentally cause injury to others or damage to the property of others.

No one knows in advance when a loss will occur or how serious that loss will be. The uncertainty surrounding potential losses is known as risk that's why car insurance offers a way for people to replace risk with known costs - the costs of buying and maintaining insurance policies.

There are many different types of car insurance on the market, and picking the suitable one for you is a logistical minefield. But definitely, no matter what type of car you drive, how old this car is, how good your driving skills are, there is no way that you do not need an auto insurance.

Article Source: http://www.insurancearticle.com

Do You Need a Sellers Home Warranty?

Does your home insurance policy include things like plumbing or electricity failures? It most likely doesnt. What will you do if something goes wrong in the home after youve successfully closed the deal? Even worse, what if something goes wrong after the buyer has already moved in? You could end up paying thousands of dollars to have the problem fixed.

Dont think that just because ownership of the property has transferred from you to buyer that the buyer wont come to you if there is a major home failure. Imagine if your brand new vehicle malfunctioned within days of its purchase. Would you pay for repairs without word to the dealer? Of course, you wouldnt. Neither will your buyer if there is a problem with the home after closing.

As a for sale by owner home seller, you can benefit from the purchase of a sellers home warranty. Not only will it cover the cost of repair in the case that a major home item fails, it can also make your home look more attractive to buyers. Prospective buyers will be pleased with the assurance that comes from a home warranty.

The last thing you want is to have to have the pressure of dealing with a surprising failure in the home after you have successfully closed the deal. Deciding whether you or the buyer is responsible for paying for the damages could result in a heated debate. Even in the unfortunate event of a home failure, you can avoid this type of situation by purchasing a sellers home warranty.

Essentially, the home warranty picks up where insurance coverage leaves off by paying for failures in items like heating, plumbing, electricity, and air conditioning. Be advised that the warranty only covers these items if they fail on their own. Improper installation or maintenance, code violations, and unordinary wear and tear can lead to a denial of coverage. Even without a home warranty, the buyer could not reasonably ask you to cover damages that were caused by actions taken on their part.

Depending on the provider, sellers home warranty coverage can differ. Make sure you carefully study and completely understand the policy you are purchasing before you pay for it. In some cases, the home warranty might cover different items before and after the closing.

In most cases, the home warranty lasts for a year. Buyers are given the option to renew the warranty coverage when it expires. Be sure to advise your buyer that the cost to renew the policy might end up being more than the initial cost of the policy.

One of the good things about a sellers home warranty is that it can be included as one of the closing costs. You can obtain the warranty and then defer payment until closing, receiving the benefit of the warranty without having to pay for it until later. The benefit of paying for the sellers home warranty yourself is that you have peace of mind knowing the buyer wont have to call you about an unforeseen problem after closing.

Article Source: http://www.insurancearticle.com

Motor Trader Insurance - 4 Reasons How Insurance Brokers Can Help Your Business

Before we start to look at why using an insurance broker could be the perfect way to buy your Motor Trader Insurance let’s start off with a few supposed truths about the insurance industry.

Number 1 - Let's be honest from the beginning and just say it - most people don't like insurance. For most people losses rarely occur and therefore they are paying out insurance premiums year on year and yet they don't actually see any real benefit of it.

Number 2 - Most people (even those who have suffered a loss and have made a claim) see insurance as too expensive with actual insurance companies seen as money grabbing and having no purpose other than to make money.

Number 3 - People see insurance as either boring and sold by men in suits or sold using annoying advertising on the television promising cheap or the cheapest insurance and delivering call centres who seemingly have replaced customer service with queues and staff who don't really know what they are talking about.

If you're a Motor Trader who needs to purchase Motor Trade Insurance and any of the 3 points above ring a bell with you then you really need to read on and discover just 4 reasons why using an insurance broker could be just what you need when you next buy your business insurance.

The first reason for using an insurance broker is that they can save you time. Yes you could spend time trawling the internet, thumbing through the yellow pages or ringing around a selection of insurance companies but you could also contact just 1 insurance broker and let them do the work for you. As a motor trader I'm sure you're time could be put to better use elsewhere anyway.

The second reason why you might want to use an insurance broker when purchasing motor trader insurance is that providing they are independent (that is they have access to more than one policy) they can search to find you the very best cover. Cover that in some cases isn't available anywhere else.

Another reason for choosing an insurance broker is that they can very often provide you with a level of service that you won't find elsewhere. Go direct with an insurance company and there's every chance you'll be faced with queues, call centres and people without a real understanding of your needs. However choose the right insurance broker who understands the motor trade and you can benefit from advice and guidance aimed at reducing your exposure to risk. And in the event of a loss occurring they will even act on your behalf to make sure your claim is settled quickly and favourably.

The fourth and final reason why using an insurance broker could be just what you need when buying motor trade insurance is that they could save you money and we'd all no doubt like to be paying less for our insurance. A good broker will therefore be able to take advantage of the facilities they have with the leading insurance companies so you benefit from the cover, the service, the time savings and the premium savings all from the same source.

Motor Trade Insurance doesn't have to complicated or expensive so find the right broker and make sure the price is right for your Business Insurance.

Article Source: http://www.insurancearticle.com

Basics of Motorbike Insurance

Soichiro Honda started fitting engines to bicycles after World War Two. Today Honda is the top selling motorcycle manufacturer in the UK, with scooters and CBR superbikes the most popular models.

For Honda motorcycle insurance, Motorbike insurance are the true specialists. We have exclusive access to a range of specially designed Honda scooter insurance schemes, designed just for Honda owners, and with great features including agreed value cover as standard.

Honda Motorcycle Insurance Specialists

Finding a reasonable Honda bike insurance quote can sometimes be rather difficult.

Many motorcycle insurance companies don't cater to the exact needs of the Honda owner and you can easily find yourself overcharged if you don't speak to a Honda insurance specialist.

Honda Insurance Features

The Honda insurance policy from Motrobike insurance is designed just for Honda owners. Our specialist Honda Insurance schemes are tailored schemes catering just for Honda motorcycles.

And because our Honda motorcycle insurance is designed around you, you can select those policy options which will be most useful to you. All our policies come with £50,000 of legal expenses protection included, free, but you can also choose to add personal injury insurance, a comprehensive homestart breakdown policy and cheap helmet and leathers insurance.

Honda motorbike insurance policy features:

* Agreed value option

* Riders with motoring convictions covered

* Riders with criminal convictions covered

* All modifications and customisations covered

* Easy payment options including direct debit and credit card options

* Full range of comprehensive Honda insurance, TPFT Honda insurance and TPO

Honda insurance available

* Optional breakdown cover

* Optional personal injury cover

* Optional cover for your helmet, leathers and protective clothing up to £1,000

* Legal cover up to £50,000 included free of charge

Honda motorcycle insurance discounts:

* Owners club discount

* Limited mileage discounts

* Security precautions

* Keeping your Honda in a garage

* Experience of riding your Honda

* Self-modified Honda bikes

* Female riders

You can get a motorcycle Insurance policy online, but we think you'll get a better deal if you speak to our staff, who are trained underwriters, and can use their extensive knowledge and experience to apply human common sense to your rate. And because your rate will be individually computed, they can save you money by deviating from the standard computerised rates.

As specialists in Honda insurance services, they will also answer your questions and are able to advise you on the best Honda bike insurance policy for you..

Article Source: http://www.insurancearticle.com

How Does One Get a Progressive Motorcycle Insurance Quote?

Progressive is one of the nation's leading insurance companies, and one of its hottest deals is motorcycle insurance. Getting a Progressive motorcycle insurance ought to be easy even for the first-time bike owner, but just to make things easier, here are a few tips on what to expect.

You can get a Progressive motorcycle insurance quote in two ways: Drive, or Direct. These are Progressive's official call signs for quotes gotten via an agent (the old-fashioned way), and quotes gotten over the phone or via the Web (through their Web-based calculator, or their customer service representatives). You can get details on both if you log onto their official website for motorcycle insurance, motorcycle.progressive.com.

Note that both Drive and Direct quoting methods are available for their other insurance packages, not just the one for bikes. In case you have more than one type of vehicle you'd like to get quotes for, the Direct quoting method may well be the fastest and most convenient way to gather the information you need. Online Web calculators such as Direct make shopping for insurance faster and more convenient. Progressive also offers a homeowner discount, as well as another kind of discount for people who want to insure more than one motorcycle in a single go.

Basically the same coverage options are available for both Drive and Direct, but the premiums are different. The commission cost of the agent you'll be consulting with will be figured into the quote for Drive, while the cost of maintaining a direct-sell center is figured into Direct.

Don't be daunted by Direct: even for the not-so-tech savvy, answering the questions on Direct that would lead to a good quote is not a complicated process. You'll be asked for the standard information that you can expect your agent will ask of you as well, should you choose Drive over Direct. Questions such as safety record, age, motorcycle type, and the amount of claims made against previous policies. Expect the same questions too should you choose the phone-in customer service option for Direct.

Some insurance companies may not make allowances for custom motorcycles - not so Progressive. It also admits bikes that are over 25 years old. But note that the Progressive motorcycle insurance policy does not cover all bikes. There are some very specific types of motorcycles that the company accommodates. You can view the list on Progressive's official bike insurance website.

Article Source: http://www.insurancearticle.com

Auto Insurance For Your Family

If you're wanting to buy for a second hand, be sure to look in the Kelly Blue Book prior to getting too far into your hunt. Utilising the Kelly Blue Book is a great way for you to gauge how much you should pay for the vehicle you're interested in.

The second kind of sites that you will run across in your search for auto insurance, are those that claim to keep a database of auto insurance quotes, or can get you quotes for all of the top insurance companies.

Comparing the quotes of different companies on the internet for buying insurance provides a wider platform to the consumer, where they can compare quotes from several companies and choose one among them.

Another tip to avoid trying too many companies is to get an insurance broker as they can keep in touch with a lot of different auto insurance providers for you and then give you the best quotes quickly..

Before buying auto insurance, it is very important that the person requiring insurance analyses the companies that provide vehicle insurance quotes.

After all, the most antagonistic decision you need you need to make is which online auto insurance provider to choose from so that you can receive free quotes right away.

If you drive a vehicle, you are required by law to have insurance coverage, so why not use free auto insurance quotes to get the lowest rates possible.

There are two groups of people that we call if we are unfortunate enough to find ourselves in an auto accident - the car insurance company with whom we took out our personal policy and the local body repair shop.

When you switch is very important The best time to switch to a new auto insurance company is when the current policy is about to expire.
Getting a reliable online auto insurance quote, might be a little tricky, due to the many different options available to you.

Article Source: http://www.insurancearticle.com

Motorcycle Insurance

So, you have just bought a motorcycle! If so, then it is time to shop for motorcycle insurance. You probably want to know . Here are some tips to make sure you are getting the best insuranhow to find cheap motorcycle insurancece at the best rate.

First, you need to understand what motorcycle insurance companies look at to decide your rate. They are going to look at what motorcycle you have, how old you are, where you live, what your driving history is, and how long your commute is. Most of these things you have little control over, so once you understand how the motorcycle insurance company is going to figure your rate, you are ready to take some steps to get that rate lower.

First, shop around for cheap motorcycle insurance. Get quotes from every company you can think of. Rates vary quite a bit from company to company. If you are strapped for time, you can hire and insurance broker to do this part for you, but keep in mind that you will have to pay the broker some thing for their service.

Making your bike secure can lower your motorcycle insurance premiums. If you can store your bike in a garage, install an alarm, and employ some sort of security when the bike is parked in the open, this will bring you a discount on the insurance.

Avoid the temptation to over insure your motorcycle. Know what your motorcycle is worth, and only insure to that amount. If something happens to your motorcycle, the insurance company is only going to pay you the fair market value for your bike. Only insuring your motorcycle for what it is worth will help lower your motorcycle insurance rate.

If you are only going to ride your bike for recreation, then you are a great candidate for cheap motorcycle insurance. Make sure you indicate this fact to the insurance companies when you are shopping for premiums. The less mileage you put on your bike, the less risk to them, so the lower your rate.

Finally, if you need cheap motorcycle insurance, consider taking a DMV motorcycle class. These types of classes can lower your motorcycle insurance rate if you have proof of your certification. Remember, insurance companies are looking for safe drivers!

By following these tips, you can get cheap motorcycle insurance. Once you have your policy, a safe driving record will keep your motorcycle insurance affordable. A little education will help you get the best, and cheapest, policy available.

Article Source: http://www.insurancearticle.com

Term life insurance

Life insurance can be of two types-whole life insurance and term life insurance. As the name suggests, whole life insurance covers the whole life, as long as the policy is held and is beneficial only on the demise of the policy holder. Obviously, the benefits of whole life policy depend upon the value of the policy at the time of death of the policy holder. A cash value on the tax defer basis is also accumulated. The dividends are paid throughout the life of the policy.

On the other hand, term life insurance, is evidently purchased for a certain period or term. If the death occurs within that period, an agreed upon amount to the beneficiaries is paid. The payment is not paid if the premiums are not paid or if the death occurs after the expiration of the term. Also, term life insurance has no cash value.

The premiums for term life insurance are low in the beginning of the policy and increase over time. It is not feasible to borrow against the cash value since cash value does not exist in term life insurance, unlike in whole term life insurance. The coverage for a term life insurance varies from five to thirty years and the longer the term, the more expensive the policy will be.

Term life insurance quotes can be obtained from multiple agents and there are lead generating websites that help in getting the quotes. Term life insurance quotes can be obtained instantaneously through websites from companies that vie with each other and alleviate the need to approach the agents for different quotes. Monthly premiums that suit the budget can be obtained for a term life insurance policy and it offers the feasibility of switching over to whole life insurance policy after a period of time.

Universal life insurance that covers everything can also be accomplished. Some of the companies may issue a policy without any medical examination depending upon the answers given to questions relating to the age of the policy holder, occupation and health and evidently, younger age gets a better quote.

Normally, term life insurance is cheaper than whole life insurance and more often than not, the difference between the two values in permanent life insurance and term life insurance is utilized to invest and make a profit. Hence, term life insurance is considered to be profitable and cheaper.

Term life insurance can be bought in increments of ten year term and twenty year term and the premium paid goes directly towards paying for insurance and nothing else and is rightly known as pure life insurance. The objective of term life insurance is to reduce financial risk for a fixed period and is a temporary life insurance.

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How to find Cheap Trucking Insurance Quotes

The difference in price between truck insurance quotes and auto insurance quotes is drastic. This is simply because it costs more to repair or replace a truck, not to mention they are often hauling hundreds of thousands of dollars from place to place. Although it is expensive, you can easily save money compared to what you are paying now.

The most obvious factor used while adjusting your premium is your driving record. If your record is clean, you will be able to qualify for some of the lowest prices around. However, if you have had tickets or accidents in the last five years, you can expect your prices to rise.

If you add all of your insurance policies together, including your trucking, your auto, and your homeowners or renters, you will find that the total amount you pay for insurance is a lot. A good way to reduce the total amount you pay is to consolidate your policies. If you put all of your policies with the same company you will be eligible for a huge discount.

One of the easiest ways to save money on your insurance is through changing your deductibles. Most people set their deductibles at $500, but the higher you set your deductibles, the more you will save in the future. Changing a policy deductible from $500 to $1000 could save you upwards of 15%. It would be more expensive in the case of an accident, but the higher cost is offset by the money you have saved.

Every time you file a claim with your insurance provider, your rates raise. This is because they see you as more of a risk if you have filed or file many claims. The way to avoid this happening is to not file for insurance help if the damages are low, or if they are close to the price of your deductible.

As you compare insurance companies, you will see that each one is a little different from the others. Because of this, each company's prices will be different. When looking for new insurance, look in to more than one insurance provider to see which one will offer you the best price.

Some consumers feel nervous about shopping around for insurance, thinking that they don't know enough, or that they won't find the best deal. For those people it is smart to look into an insurance broker. They work with many insurance providers, and are able to find you the best price out of all the companies.

Article Source: http://www.insurancearticle.com

Classic Car Truck Insurance

When looking for coverage firms that provide for vintage vehicles, you should find a large selection of corporations to pick from. Some of them will have a large selection of products for you to pick from. Some might have to have the car appraised to determine just how much it is worth. This is important so that the right price can be placed on it.

Some people will have more valuable vehicles than others. The make of auto coverage that you request will most likely be that which is best suited for your specific needs. When phoning your auto coverage corporation, make sure to give them with accurate information about your vintage truck. If you can not, you are not going to be able to use your auto coverage should anything go bad at any time.

Classic car auto coverage is given to individuals that have a vintage truck. There are many differences in this kind of coverage and they might change for each person. Some individuals might not drive their vintage trucks while others will.

If anything does go south and the truck ends up being damaged, you might want to make sure to find the full value of the truck back from the coverage corporation. They could also want detailed info about just how you keep your vintage truck. The more that you use it, the greater the risk there is of anything occurring to it. Being straightforward here is required as you don't need to risk the coverage corporation not providing you with insurance coverage should anything go bad.

Nevertheless, do not forget that you are looking for auto coverage and that you can get the prices of several auto coverage firms. Discovering the lowest price for your auto is essential and there is no reason why you need pay more than you have to.

Article Source: http://www.insurancearticle.com

Auto Accident in Dallas, Texas? What to do and how to prepare for the insurance claims process.

Would you know what to do with regard to your auto insurance if you were involved in more than a light fender bender in Texas?

How you react in the face of an awful situation like a car accident, could mean the difference between more tragedy down the road (in the form of an extended settlement period with your auto insurance company afterward or even worse consequences like the death of an injured person who might have been saved) and preventing the worst outcome of a bad situation. Fortunately, the Dallas area is the home of a fine police, fire and rescue department, not to mention medical facilities that are first class. So with a little foresight and preparation, you may be able to make a lousy event a little easier on yourself and those involved if it should ever happen.

Immediately after reading this, make sure that you have a pen/pencil and note pad in the glove compartment of your car. You may even want to print this guide and keep it in the glove compartment as well. In the event of an accident, you may be emotionally distraught and under such circumstances, it's easy to forget something. This guide will help you to remain focused on what you should do.

You will want to take note of the following after an accident:

- The names, addresses, driver's license numbers and telephone numbers (if possible) of the drivers involved in the accident.
- The names, addresses and telephone numbers (if possible) of passengers of the vehicles involved.
- The make and model of each car including license plate numbers.
- The names and badge numbers of emergency workers and police.
- The insurance identification of each driver.
- The names and addresses of witnesses.
- A brief description of what happened and if possible, a basic diagram of the accident scene. (If you have a camera, take pictures)
Immediately after the accident, stop your car, try to remain calm and find out if anyone is injured. If anyone is injured, don't move them unless they are in danger of further injury unless moved. Cover them with a blanket or something similar to keep them warm and comfortable if necessary.
1. As soon as possible, call the police, tell them the location of the accident, how many people are hurt and describe the types of injuries involved. The police will contact medical assistance.
2. As best as you can, try to guard against further damage by moving cars off the road if necessary, and warn other motorists of the situation by setting up flares or flags. Call a tow truck if required. (do not authorize any repairs) Try to protect the scene of the accident.
3. Find out from the police officer where you can get a copy of the police report. Your insurance company will need it when you submit your car insurance claim.
4. If you run into an unattended vehicle or object, try to find the owner. If you bashed into another car or object and the driver or owner cannot be found, make a note of the details of the accident for yourself, and leave your name, address, phone number and a description of what happened in a place where the other party will easily find it.
Having a sense of what to do if the worst should ever happen and having a plan of action in your glove compartment, can only help give you more peace of mind as you travel the highways and byways of Dallas, Texas.
May you never, ever have to refer to this basic guide that you printed and placed in your glove compartment. But if it should ever happen, remember, - The First Thing To Do Is - TRY TO STAY CALM.

The above description/explanation by Sue Phillips is intended as a guideline only, and is not to be interpreted as a recommendation to buy or sell any insurance products, or to provide legal or financial advice of any kind. Also, Kanetix Ltd. does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed. Our articles can be reproduced or republished by asking for permission from - (editor at kanetix.com).

Article Source: http://www.insurancearticle.com

What's The Difference With Antique Truck and Car Insurance?

It is difficult to define what antique means when dealing with insurance companies, and that is why it's a little difficult purchasing antique truck and car insurance. You have to make sure you have the auto insurance to meet your needs, although there are many companies that offer this insurance, you will have to put a bit of work into finding antique truck and car insurance that is right for you

There are two types of insurance you can find with antique automobile insurance companies and also classic collector auto insurance. The difference in the two of these is that most antique truck and car insurance doesn't allow the car or truck to be used for normal chores. Collector's auto insurance does, but only if you have a regular second daily car to drive and you can't use your collector car to go to or from work or to school.

In order to be eligible for special discounts on your antique truck and car insurance, your vehicle has to be defined as antique or vintage. It must be at least 30 years old. This makes life a bit easier for antique automobile insurance companies. As for other cars that arrived later and are loosely regarded as collectibles, then there is an auto insurance that can be obtained for these also.

There are a few ways to save if you're looking for antique truck or car insurance. Don't go for the full package of auto insurance if you're not taking your car on the road or if you don't use it at all and just have it for show. Although some antique automobile insurance is necessary you may not need all the auto insurance that you have.

To be sure of your needs talk to your automobile insurance company or check with several automobile insurance companies to make sure you are getting the best deal you possible can. You may end up with a discount depending on a few factors that could be the deal of a lifetime, so don't be afraid to shop around and find out what's out there for you that will meet your needs. Insurance companies can custom make a package for your antique truck and car insurance just for you.

There is antique truck and car insurance available, but only for antiques, and make sure that you know how you are going to use the vehicle.

Article Source: http://www.insurancearticle.com

7 Things you need to know BEFORE you buy LIFE INSURANCE

The delivery of TAX-FREE LIFE INSURANCE proceeds is one of the most powerful social and economic forces in our country. What a shame that so many people don’t understand or appreciate its value.

As you carefully read this post, you’ll be better able to make wise and forward-thinking decisions regarding your LIFE INSURANCE.

By far and without exception, a life insurance claim is the most sobering and rewarding aspect of my profession as an insurance agent.
Sobering in that it reminds me of the brevity of this life and the certainty that it will end for all of us… eventually.
Rewarding because it’s an opportunity for me to deliver: A stay-at-home mother to children and the promise of a quality education for them, a paid-for house and a debt-free existence to the family, or a comfortable retirement for a weary widow.

It’s ONLY with the incredible power of LIFE INSURANCE that these are possible. When it comes time for you to consider this valuable cornerstone to your financial plan, you’ll want to make some very informed and calculated decisions.

Let me walk you thru some of them to help you make the ones that are best for you.
If you’ve read any of our other reports, you’ll know that even though insurance has been part of our culture for over 100 years, to most people – It’s still a just a mystery. And because they don’t understand it, a lot of people think they’re being “ripped off” by the Insurance Industry; aka “The Club”
I want to end that for you.

I'm an industry "insider": A licensed member of “The Club”
I’ve been inside the insurance business for over 25 years and I know it like the back of my hand: From policy to claims and back again.
I've sold insurance. I've bought Insurance.
I've studied it and I've learned that there's "good insurance" -- and there's "not-so-good insurance".
All insurance is "created equal".
Let’s take a quick trip with your imagination.

Picture yourself gone. Yes, I mean GONE, gone! Kind of morbid, I know. So if it makes it easier, go ahead and picture your exit as some grand, heroic or adventurous one. Maybe you went out skydiving or chasing wild horses in Wyoming. Or possibly you saved some kids from drowning when a school bus plunged into the lake. Either way… you’re gone.

Now -- Just ask yourself a few of simple questions.

• Are there some bills left to pay? Funeral? Credit cards? Maybe a car? Or possibly a gambling tab out at Viejas Casino?


• Is someone going to suffer without your income?


• Is there anything to which you’d like to leave a legacy? Possibly you’d like to start a scholarship fund for some special group or just kids who need it. Maybe you’d like to have a small part of funding Meals-on-Wheels or grant some wishes come true through Make A Wish Foundation. Or maybe you’d like to leave something for your church. The possibilities are really endless.

If you answered yes or will be answering yes to any of those in your future, then LIFE INSURANCE is something you should seriously consider.

LIFE INSURANCE IS USUALLY THE LEAST EXPENSIVE WAY TO PAY FOR ANY OF THE ABOVE ITEMS.

“How is that possible?” you ask.

Life insurance dollars come to your beneficiaries costing just pennies on the dollar. Here's how it works... Dollars you earn and have put into savings, on the other hand, cost MORE THAN A DOLLAR for every dollar you receive. You work; you get taxes taken out of your pay. Every dollar you spend really costs you about $1.27 to get after you’ve paid the tax man. Life insurance, on the other hand, is ALWAYS delivered for just a fraction of a dollar! You may pay $500 per year for $100,000 of insurance. You may have it for 25 years before you die. $500 x 25 years is only $12,500, yet the policy will pay $100.000. You've paid only 12.5 cents for every dollar of benefit.

I think I know what you’re thinking about this point.
You’re thinking of all the hassle it is to decide what kind and how much and then complete the application and then to get the physical (often you DON’T need one) and then on and on and on…

I know how you can quickly get past all that…
In reality, it only takes about an hour. You can just skim this report to get an overview of what you need to be thinking about and then if you’d like…JUST CALL ME.
I’ll likely take about 10 minutes of your time on the phone to see where you’re at and then, if you’re ready, we’ll set a time to get together. If you just want the information for future reference, that's fine too. It’s really pretty simple and I’LL DO MOST OF THE WORK FOR YOU.

A word about DEDUCTIBLES...

Simply stated: A deductible is the amount that you pay toward a loss or claim before the insurance company begins to pay. The higher your deductible, the lower your premium.

• The more you are willing to participate in your loss, the greater the savings on your premium.

The insurance company will offer your a lower premium if you take a higher deductible because your LOSS FREQUENCY and your LOSS SEVERITY will be lower. Consider if you have a $2000 deductible instead of a $500 deductible:

1. You'll make fewer claims because you won't be making claims for $600, $900 or $1995 losses. You'll simply pay those yourself. (FREQUENCY)
2. When you do submit a claim the insurance company will be paying $1500 LESS than if you had the $500 deductible. (SEVERITY)

There is no "correct" deductible to choose. It depends on what I like to call your personal LOSS THRESHOLD. So before we get too far ahead, lets take a moment to diagnose your "loss threshold."

Lets say you go out and buy a $3 picture to hang in your bathroom. Are you going to insure it? Of course not! Now you go out and buy a famous $252,000 masterpiece painting. Are you going to insure it? Unless you are a multi-millionaire, you certainly will. Somewhere in between the $3 print and the $252,000 masterpiece is your loss threshold. Your loss threshold is the amount of money you can stand to lose without doing any great harm to your daily lifestyle or your peace-of-mind. In the above example, different people will have different thresholds. There is no right or wrong answer here!

ANOTHER SIMPLE CALCULATION....

OK. Let's say you're ok with a loss threshold of $1000 or less. Now you can choose between a $1000 deductible or a $500 deductible. Here's all you have to do.

1. Find the premium difference between the two.
2. Let's say you save $80 a year in premium to take the $1000 deductible.
   
3. Now look at the DIFFERENCE between the 2 deductibles which is $500. It would take you over 6 years ($80/yr x 6 years = $480 ) to save the DIFFERENCE between the deductibles.
   
4. Now you simply ask yourself, "Do I think I'll have more than 1 claim in the next 6 years?"
   
5. If the answer is yes, you should probably take the lower ($500) deductible.
   
6. If the answer is no, then the higher deductible ($1000) probably makes more sense.

10 Ways to Beat the High Cost of Auto Insurance (Part 1)

(the SECRET from the ad is marked with 3 stars (***) in Part 2 of this article. This first part is pretty good though... :) )

Insurance has been one of the necessary evils of life for over 100 years. In this day of higher taxes, rising food prices and soaring housing costs, it is possible for you to get a handle on your own auto insurance costs. If you have been frustrated by an inattentive agent and constantly rising insurance premiums, this is the book for you!
Insurance can be complex and technical. Some people are paralyzed by simple buying decisions. Should I have collision coverage on my 15 year-old car? Would it make more sense to have a $500 deductible instead of a $100 deductible? Since I have adequate medical coverage at work, do I really need medical coverage on my car insurance as well?

I will show you how nearly all of your auto insurance-buying decisions can be simplified by answering 3 simple Test Questions.

With the overall cost of living swelling up around us, and insurance taking an increasingly larger portion of our income, it is important that we leave no stone unturned in controlling our insurance dollar! During the period from 1970 to 1990, auto insurance costs rose 40% faster than the overall cost of living. With this kind of increasing burden on your already stretched consumer dollar, it is imperative to get a handle on the auto insurance portion of your budget. One of the most important parts of your strategy is your agent and the working relationship that you share.
Sometimes, a newer agent will be energetic and willing to take the time required to effectively manage your insurance portfolio. But the newer agent may lack the experience required to exercise all of the potential money-saving applications available. Your agent must be experienced enough to know the ins and outs of the rating rules of the insurance company. Each company has rating and underwriting rules that, if properly applied can save you big dollars on your premium.
Your agent must also be willing to invest the time required to orchestrate your insurance portfolio. Older and more experienced agents generally know all of the little tricks but lack the drive and initiative to be of any real help to you. Some of the methods described below require personal and concerned attention. Agents that are too busy to sit down with you and devote the kind of time required to milk every ounce of protection out of your insurance dollar do not deserve your business. If your agent is hard to reach or doesn't appear to be giving you a 100% effort, don't give him or her even 1% of your insurance money!
Find another agent!
There are agents out there that have the right blend of experience and availability for you. Don't sell yourself short here! You should be as willing to spend the time necessary to find a good agent as you are to shop for a competitive price. Furthermore, you must be willing to be ever vigilant in the management of your auto insurance. As you will see in the methods below, each time any part of your life changes, it may require some change in your insurance coverage. Each time one of these changes occur or when you receive your renewal statement, take a moment to consider your current needs verses your current coverage. The longer you wait between review sessions, the more money you may be needlessly giving the insurance company. When your renewal bill comes due, DON'T BE CAUGHT SLEEPING AT THE SWITCH !

TAKING YOUR FINANCIAL PICTURE -

Insurance is simply the management of risk. Owning and driving an automobile is a risk. You risk injury, loss of your vehicle, and potential liability for damage to others. The purchase of insurance is merely an agreement with the company to transfer some of your risk to them. You are saying, "I choose not to assume all of this risk myself. In exchange for my premium dollars, the insurance company will suffer some of the financial loss instead of me." With this thought in mind, you must decide how much risk to transfer and in doing so, decide how much risk you are willing to keep yourself in the from of deductibles and unpurchased coverages.
Before we can get to ways to save money on your premium, you need to take a short inventory of your financial picture. Before you get to deciding whether to take a $100 or a $500 deductible on your collision coverage you first need to decide that you can reasonably handle a $500 loss. So before we jump into any tricks of the trade, lets take a moment to diagnose your "loss threshold."
Lets say you go out and buy a $3 picture to hang in your bathroom. Are you going to insure it? Of course not! Now you go out and buy a famous $252,000 masterpiece painting. Are you going to insure it? Unless you are a multi-millionaire, you certainly will. Somewhere in between the $3 print and the $252,000 masterpiece is your loss threshold. Your loss threshold is the amount of money you can stand to lose without doing any great harm to your daily lifestyle or your peace-of-mind. In the above example, different people will have different thresholds. There is no right or wrong answer here!
In addition to settling on your personal loss threshold, it is important to consider your previous history of insurance losses. If you have had several losses in the last 10 years, you may be wise to lean more heavily on your insurance coverage. If, on the other hand, you go almost forever between losses, you will save premium dollars by assuming more of the risk yourself in the form of higher deductibles or dropped coverages. Now, if assuming this extra risk is going to give you some sleepless nights and make you a nervous wreck every time you get into your car, then don't do it! Part of what you buy in the purchase of insurance is peace of mind.
What matters most is where you are comfortable. Take a moment to apply a value to your "Loss Threshold." Try thinking in terms of $50, $100, $250, $500, and $1000. How much money can you, with peace of mind, place at risk? As you will see below, once you determine your Loss Threshold, you need only to weigh the cost of the coverage versus the potential for loss to you. Insurance can be a reasonably simple commodity to manage.

1. DROP YOUR COLLISION COVERAGE-

So you have been driving "Old Betsy" now ever since Noah was working on his boat. To you, its worth every bit of what you may have paid for it way back when but to another car buyer, its just an old bucket of bolts, rubber, faded upholstery. Unfortunately, the insurance company views your precious 4-wheeled family member with the same cold business approach as a prospective buyer. Its only worth...well, its worth a lot less than you would hope.
There comes a time in the life of almost every car when its value does not warrant the cost of collision coverage any longer. Collision coverage is that portion of your insurance that pays to fix damage to your car suffered by a collision. You will need this coverage for your car when you are in an accident that is your fault or if your car is the victim of a Hit & Run accident. Looking back to your Financial Picture we discussed above, compare the cost of your coverage with the potential for loss.
In discussions with your agent or by examining your renewal bill, identify the annual cost of your collision coverage. By looking in the newspaper or car-trading publications, determine the actual retail value of your car. Be careful to be objective here and remove whatever emotional attachment you may have to your car that might unrealistically increase its perceived value.

Let's say that the real value of your car is $1200 and the annual cost of just your collision coverage with a $100 deductible is $150. Now here are the Test Questions:

1. Can I afford to withstand this loss without any help from the insurance company? (in this case $1200)
2. Would I rather save $XX (in this case $150) every year and risk the loss of the car myself? By not getting this coverage I am saving $XX ($150) per year. I will save enough to make up the loss ($1200) in Y (8) years. (1200 ÷ 150 = 8)
3. Does my driving and claim history lead me to believe that I might go Y (8) years without suffering that sort of loss?

If the answers to these questions are yes, then you might be well on your way to cutting your insurance costs by dropping your collision coverage. These simple Test Questions can be applied to virtually any insurance-buying decision. Take a look at the next example.

2. DROP YOUR COMPREHENSIVE COVERAGE -

Comprehensive coverage like collision coverage is designed to protect your car from loss. Much of the same logic that we applied to collision coverage can be used to decide on the fate of your comprehensive coverage. There are, however some important considerations to weigh in your analysis.
Comprehensive coverage covers almost anything that happens to your car except collision. The most commonly submitted claims are broken windshields, stolen hub caps, stolen stereos, vandalism and theft of the entire vehicle. Note here that many of these losses produce the same amount of financial loss regardless of the value of the car. It costs virtually the same to replace a windshield in a 75 Ford as it does in an 85 Ford. Consider also that the cost of comprehensive coverage is much less than collision coverage. The ratio between money saved and dollars put at risk is smaller and therefore you may be less eager to drop this coverage. Ask yourself the Test Questions that we did for collision coverage and make an informed decision.
If your vehicle is financed or leased, always remember to check with your financial institution before changing these coverages. Your loan contract may have certain requirements and deductible limitations that somewhat restrict your options.

3. RAISE YOUR DEDUCTIBLES -

If deleting collision and comprehensive coverage puts you at greater risk than you are willing to assume at this time, you may want to consider increasing your deductibles as a compromise. As you increase your deductibles you decrease your premium. The insurance company is going to give you a break on your premium here for two reasons. First, when you have a loss, the insurance company will pay you less money when you have a higher deductible. Secondly, with a higher deductible, you will have fewer claims that are presented to the insurance company in excess of your deductible.
When you take a higher deductible you are saying that you, for the consideration of a lower premium are willing to assume a greater portion of the loss yourself. You trade the certainty of a lower premium for the uncertainty of more loss to you should a claim occur.
If you have decided in your Financial Picture that you are comfortable with a $500 loss (and the premium savings is enough) and you own a car worth $3000 then you probably do not want to drop your collision coverage completely. But you can increase your $100 collision deductible to $500 and your zero comprehensive deductible to $100. Let's examine the numbers. If you save $30 per year on your comprehensive coverage and $65 per year on your collision deductible you realize a $95 per year savings the first year and every year thereafter. You are only increasing your risk by $100 on the comprehensive coverage and by $400 on the collision coverage. Remember you already had a $100 deductible on collision and increasing it to $500 changes your participation in the loss by $400. Again, ask yourself the same questions.

1. Can I afford to withstand this loss (the bigger deductible) without any help from the insurance company?
2. Would I rather save this money ($95) and risk the larger deductible loss myself? By taking this bigger deductible I am saving $95 per year. I will save enough money to make up the loss in one year for a comprehensive loss and in just over four years for a collision loss.
3. Does my driving and claim history lead me to believe that I might go one or five years without this sort of loss?