Rental Car Insurance Coverage
Reader’s Question:
What kind of car insurance coverage on my policy if I am going to rent a car?
George
Chicago IL
It actually depends on your policy.
What you should do is to study once again your policy or request your insurance agent to review it with you. Your policy may have coverages for autos rented for the purpose of vacation, special event or for pleasure, but not business.
If you do not have “physical damage coverage” or a complete and collision and comprehensive coverage, you may not have coverage for a rental car. Given this, if your rental car gets damaged, your policy may not provide lost revenue the rental car company incurs while the car is being fixed or the cost of a new car if you totally damage the car.
Car Insurance For One Month ?
Reader’s Question:
Is it possible to buy car insurance for just a month or so? Can I do that?
Francis
Los Angeles CA
Many insurance companies propose insurance for six or twelve- month terms but you don’t need to fully pay this at the start. Ideally, one only does a down payment then pays the rest on the succeeding payments. The requirement on the minimum down payment differs per state, but is 25% of the policy premium most of the time.
You can buy insurance for the shortest term offered and ask for it to be cancelled after a month. Most of the time, you will have to write a letter in order to make this request. In some cases, you will have to supply additional information and may be asked for an early cancellation fee if you do the cancellation mid-term. For some states, they do have pro-rated cancellation refunds.
For those states with mandatory insurance laws entail proof of other coverage or evidence that there is no insurable interest, such as when one opts to sell the car, or if one moves the car out of the state just to cancel within a particular amount of time, which is usually 60 days.
Where To Get The Best Auto Insurance Quote in New Mexico
Reader’s Question:
What do I need to do to get the best auto car insurance quote in New Mexico?
James
Albuquerque NM
Our economy is in bad shape. It is thus hard to get good auto car insurance quote much less the actual insurance. It becomes much more difficult when you know that having a car and not insuring it is illegal in most states. How’s that for added pressure?
The problem with auto insurance is the high fees, be it monthly or annual. What a lot of people don’t know is that there are ways to buy affordable car insurance. They key is knowing where to find it. You see, when the country experienced an economic crisis, it wasn’t only consumers who were affected. Even companies were having hard time. In order for them to continue operating, insurance companies are now aggressively offering the best and lowest rates.
Because of this opportunity, there are now a lot of website on the Internet that can help you find that quote you are looking for. All you need to do is turn on your computer and start clicking your way to that auto car insurance quote. With online quotes you save both time and energy. No more sitting by the phone and calling every company that you can find in the phone book. You also save time waiting for agents to call you regarding your request for a quote.
Another advantage of going online is that you get quotes not just from one company. There are even sites that will do the comparison and give you the best quote based on your preferences. By the way, when looking for quotes online, just make sure that you get a lot of them. Although the site may have done the comparison, it is still best if you can compare them yourself. Further, check if the company that gave you the quote is licensed to operate in your area.
The best auto car insurance quote in New Mexico is not something you can get by doing nothing. Just give it a bit time. Try online and see the difference.
When To Carry Collision And Comprehensive Insurance Coverage
Reader’s Question:
My vehicle is one a half year old. I would like to know if I still need to carry collision and comprehensive?
Tammy
Detroit MI
Collision and comprehensive insurance coverage is an optional coverage in every state. This type of coverage are usually required if you are paying off your car from a lienholder.
Collision coverage in your policy provides coverage to your own car resulting from collisions to another car or object. Comprehensive coverage covers your car due to variety of other causes such as fire, falling objects, flood or theft. However, the value of your car plays a big part in determining your need for this type of coverage. Since you have a one a a half old car you should get Comprehensive and Collision coverage on it.
It is more economical to pass on the risk of your new car to the car insurance provider. Basically, it would cost less to get car insurance for your vehicle than it would to have to replace it out of your own pocket. If you are leasing the car then you are required to get Comprehensive and Collision coverage on your car. The lienholder will require that you show proof of this coverage. If you do not provide them proof that you have this type of insurance then they would force place the collision and comprehensive for you and add the cost of it to your loan balance.
I Need a Cheap Insurance Rate in Pennsylvania
Reader’s Question:
I have been doing a lot of shopping for cheap car insurance policy by browsing the yellow pages here Pennsylvania. I also want to try the Internet for my shopping. Is that a good idea?
Jennifer
Philadelphia, PA
Yes, you should try to shop for cheap insurance policy Pennsylvania through the Internet. This is a quick and efficient way of shopping for car insurance policies. Many car owners have been able to get cheap car insurance through the Internet compared to shopping via the yellow pages, and it is easy to understand why.
TIP – raise your deductible amount to the highest level you feel comfortable with, if you are safe driver with few claims this will greatly reduce your annual premiums.
The Internet is considered as the best way for shopping cheap insurance policy Pennsylvania. You do not have to spend a lot of time calling up insurance companies and their agents and brokers. All you have to do is to log on to a car insurance website and enter the important details of your car, plus your personal information. After a few seconds, you can get a cheap car insurance quote.
Once you get the said cheap car insurance quote, you can easily determine if it fits your budget. If not, you can continue your shopping for cheap insurance policy Pennsylvania. Visit another website and compare car insurance quotes until you find one that is good enough for your taste and budget.
How To Get Cheap Online Car Insurance
Reader’s Question:
What is the difference between cheap online car insurance and insurance that you get the conventional way? Are the instant quotes online reliable?
Peter
Portland, OR
Peter, you know, the answer to your question is much simpler than anyone would think. The only difference between cheap online car insurance and the insurance policies that you get the non-digital way is just the manner by which you acquired the insurance.
Tip – Raise your deductible amount to the highest level you feel comfortable with, if you have had no claims in the last few years you could save a lot of money by carrying a $1,000 deductible. You only pay this amount when you have a claim that your carrier pays.
Getting cheap online car insurance saves you much time, effort and money because you do not have to go to numerous car insurance companies or to call them yourself one by one. You just need to have the basic knowledge in computers and, of course, Internet access, then, voila, you could finish your cheap car insurance application in a matter of minutes.
On the other hand, getting insurance the more familiar way gets you answers to your questions immediately. It is because the agent or broker is right there with you to explain any confusion or any concerns that might arise. Needless to say, you then get the sense of security that you are dealing with people who understand your needs and not just a program designed to give you instant car insurance quotes.
Now, regarding your question on instant quotes you get online, all I can say is that the quotes are just as reliable as the company from whom you are getting the quotes. You should always check the list of accredited companies to be sure. You can find this on the Web site of your state’s Insurance Department.
So, there you go. I hope I answered your question.
Cheapest Insurance Quotes For a Used Car
Reader’s Question:
How many companies should I contact to get a the cheapest rate on car insurance for a used car?
Jackson
Phoenix AZ
In order to obtain a second-hand car cheapest insurance online quote, you must also consider the kind of protection you require aside from the number of companies you should contact. Determining early on if you want the basic protection or the full coverage will prepare you on how much are you willing to set aside for car insurance payments.
Once you know what you want, shopping for a second-hand car cheapest insurance online quote means getting information from as many companies as you can. The process could prove tedious and time-consuming if you will visit every insurance firm listed on the Internet. What you can do to shorten the process is to go to online brokers since they can provide you with more than 20 quotes by providing the required information only once.
Other brokers will actually list the companies and lets you decide where you want to obtain a quote. Others will actually provide you with multiple quotes without you having to ask for them. If you only have quotes from only ten companies or less, the chances are you will be missing out on some fabulous discounts and offers. So, grab the opportunity of getting free second-hand car cheapest insurance online quote to get the best deal for your coverage.
Will My Car Insurance Pay My Medical Expenses
Reader’s Question:
If I have caused an accident here in Delaware, will my car insurance company pay for my medical expenses?
Michael
Wilmington, DE
Since the State of Delaware observes the no-fault act, then yes, your medical expenses will be covered by your car insurance company if you cause an accident. This means that you should have the minimum no-fault insurance or Personal Injury Protection (PIP) of fifteen thousand dollars that pays for medical care and rehabilitation for one person, or up to thirty thousand dollars for medical care for all persons in the car. Also included is an amount up to five thousand for funeral expenses. PIP also provides you and the other passengers with financial assistance due to lost wages.
However, a policyholder will be denied of no-fault insurance benefits if found to be driving under the influence of alcohol or any other controlled substance that contributed to the accident. Also, if he or she is found to have intentionally caused the injuries, then he or she will definitely be denied car insurance coverage. Riding or operating an all terrain vehicle (ATV) or a motorcycle is another reason for denial of benefits. However, a pedestrian struck by an ATV or motorcycle is covered. Policyholders who were injured in a car accident while committing a felony will also be ineligible for financial assistance. Likewise, driving a stolen vehicle will merit negative points and will surely be denied no-fault insurance by the company.
Tags: DUI, liability insurance, no-fault
Cancellation Period for Auto Insurance in Wisconsin
Reader’s Question:
When can an auto insurance company here in Wisconsin cancel an auto insurance policy?
Sharon
Milwaukee, WI
Auto insurance companies normally cancel new policies within sixty days upon the signing of the contract. They may give you the reason for the cancellation if you request for it; however, it is not a compulsory action for them. A cancellation is also possible, even after the sixty-day period, if you do not pay the premiums when they are due. Also, your auto insurance policy may be cancelled if you are found guilty of a fraudulent claim. If the auto insurance company cancels your policy for the said reasons, you will be given a ten-day notice before the cancellation takes effect. This notice will come in the form of a mail.
If you are renewing your auto insurance policy, you may also face the possibility of nonrenewal. Auto insurance companies use varying measures in evaluating auto insurance policies. If the insurance company decides not to renew your policy, it should send you a notice, detailing the reasons for the nonrenewal, sixty days before your policy expires. This should give you enough time to find another auto insurance company who would accept your auto insurance application.
If you cannot find an auto insurance company who would want to give you coverage for your vehicle, you could still be insured by getting the Wisconsin Automobile Insurance Plan. Contact any licensed property and casualty insurance agent to know more about this.
Tags: auto insurance, auto insurance policy, auto insurance premium, Car Insurance Company
Where To Buy No Fault Car Insurance in Florida
Reader’s Question:
I just moved to Florida and know nothing about car insurance here. Can someone explain it to me briefly, please?
Bridget
St. Petersburg, FL
Hello, Bridget. I welcome you and your family to the Sunshine State. You will definitely love it here, that I can guarantee you. And you are asking about Florida car insurance? Well, here is my two cents’ worth.
One important thing about car insurance in Florida that you must know is that it is one of the 12 no-fault states, meaning your car insurance provider pays for your expenses up to a certain degree whether or not you are at fault. However, a no-fault system strips you of your right to sue the liable party. So, it is best that you get the car insurance coverage that could protect you fully.
Under the law of the state of Florida, a motorist must have a Personal Injury Protection, or PIP, as well as Property Damage Liability, with both liabilities having a $10,000 minimum limit. Personal Injury Protection covers the medical expenses that both you and your passengers might incur in the event of an accident, while Property Damage Liability covers your expenses on property damages caused by the accident. What is nice about the no-fault system is that you no longer have to get coverage for Uninsured or Underinsured Motorist Bodily Injury. Since you are new to this place, check the online quotes just to have an idea.