What is Uninsured Motorist Coverage?

Uninsured motorist coverage is a very important aspect of your auto insurance coverage. In fact, many auto insurance experts recommend carrying this type of coverage even if it means paying a little more for your car insurance. Why? It’s a frightening reality that about 14% of all drivers don’t have any auto insurance coverage. This means that if you are hurt in an accident caused by an uninsured driver you won’t be paid any damages unless you have uninsured motorist coverage. Continue reading

What are the Benefits of Underinsured Motorist Coverage?

Underinsured motorist coverage is more important than you might think. This form of insurance is divided into two types of insurance coverage namely bodily injury coverage and property damage coverage. In some states underinsured motorist insurance is required by law. Why should this be so? According to statistics about 14% of all drivers don’t carry any insurance coverage or carry insufficient coverage. Continue reading

Moving Violations and Auto Insurance

Moving violations and auto insurance – In many U.S. states a points system is used to keep track of moving violations on driving records. These points can affect your insurance premiums, your chances of getting a good insurance rate on a second car and may prevent you from qualifying for auto insurance discounts. Continue reading

Low Mileage Discounts and PAYD – A Fairer Deal for Consumers?

If you don’t use your car very often you may qualify for a low mileage discount on your car insurance. Low mileage discounts are typically offered to drivers who drive less than an average number of miles each year. This type of discount may also be offered to people who carpool to work. Low mileage limitations are generally set at under 10 000 miles per year. Continue reading

The Importance of Liability Coverage

Liability coverage is a critical component of your insurance policy. This is because if you are directly responsible for an accident, liability coverage will help you to pay for any expenses incurred. The typical insurance policy consists of two types of liability coverage namely bodily injury liability and property damage cover. How can these two types of liability coverage help you? Continue reading

Can Choosing A High Deductible Save You Money?

The cost of auto insurance differs by hundreds depending on where you shop. A High Deductible can make a big difference in how much you pay each month on premiums. What is an insurance deductible? When you choose an auto insurance policy you decide how much you are prepared to pay out of your own pocket if you are involved in an accident – after which the insurance company comes up with the balance. In general the higher your deductible the lower your monthly rates are going to be. Continue reading