Keeping premiums at minimum when buying a new car

Even though gas prices have gone down these past few months, recession is still in full swing, so it always pays to save money in every way possible. So if you are in the market for a new car, here are some ways to save on car insurance premiums:

1. Do not buy a flashy car.
Flashy and fast cars automatically have you pay higher premiums because of the expense associated with these vehicles. Repairs, spare parts, maintenance, as well as the tendency to get into accidents (because you have a fast car, you might be tempted to put the speed to the test) are all factors that contribute to the increased premiums.

2. Have good driving habits.
Practicing defensive driving and having little or no traffic violations mark you as a safe and low risk driver that insurance companies are willing to give low premiums to.

Love Old Cars? Insurance Warning

People or should we say, Americans are very passionate about cars that they collect, maintain and restore some of the best vehicles ever produced by the auto industry. These old classics are some of the best and most powerful cars around and more seldom than not they come into your garage with faulty engines that can be repaired but some opt to do with an overall engine swap which is cheaper. May it be to maintain the original feel or for upgrade purposes, the engine is an integral part of the whole vehicle and is also important to you and your insurance company.
Do you know that swapping your old engine for a better more powerful one if not done correctly can invalidate your car insurance policy. Such actions are considered to be modifications and your car�s chassis is matched from the factory and are both encoded within the cryptic VIN number. There is a legal way of doing this with the proper papers presented to the DMV and insurance company regarding the engine and it�s history. Getting the DMV files updated legalizes your upgrade or engine swap, getting the records straight and lessening the headache of insurance claims.

Alarming Statistics - City Drivers are Cheaters

Statistics in the US show that auto insurance claim fraud is on the rise even with today�s stringent requirements and investigative procedures. Many who live in the city seem to know too much about the insurance industry that they fail to observe proper claims filing and processes thinking they can cheat the provider. What they do not know is that in the long run, they are marring their standing with providers and even a quick shift may not offer a solution for these providers share information and data regarding customers.
Being honest is still the best policy for a good reputation may be the only thing standing between getting auto insurance in the future. Using falsified information and details can also invalidate policies as sated in the extensive fine print so be aware of such provisions in your policy (insurance fraud is also punishable by law). Be as honest as possible so your provider works with you not against you making claims processing a breeze and easy.

Car Insurance: What You Should Know 3

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Prices of car insurance premiums are different for each company. So, the best thing to do is for you to shop around for the policy that is big on savings, big on coverage and big on service! Remember insurance policy prices are dictated by the state, not by the company and definitely not by the agent - so you cannot haggle with an agent for a lower price, but you can look for an insurance company which has the best service along with a reasonable price. Of course, you have to make up your mind and decide on the kind of coverage that you want. Do you want the extra coverage? If so, which ones do you think you need?

Have The Best Car Insurance

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Insurance is important for a person who has just learned driving. It will cover some mishaps, th new driver could get into simply because he/she is relatively inexperienced in driving our dangerous streets. In case a new driver happened to bump the rear of an exorbitantly priced machinery, the cost of repairs alone is impossibly sky high! Acquiring a comprehensive car insurance would be your best bet to cover you in cases like this because it will take care of the damages that you caused to your and the other car and it will also be responsible for paying the medical expenses of injured passengers involved in the accident(third party liability). When shopping for the best car insurance, get at least 3-5 quotations from reputable car insurance companies, compare their premiums and extent of coverage. If you hate reading legal jargon involving car insurance, you can ask your sales agent about the salient point of the policy.

Tricks to Getting a Lower Premium

In today�s economy, consumers are continually trying to think of ways to save their hard-earned money. If you want to know how you can lower your car insurance premium, here are some factors that may help you:

1.Your address � neighborhoods that have little traffic compared to congested cities are at lower risk for accidents,and translates to lower premiums. On the other hand, neighborhoods that have a higher rate of vehicle thefts may result to higher premiums.
2.Driving Violations � having a record of accidents or driving violations (such as speeding tickets, DWI, etc.) means that you are at a higher risk for accidents and will mean higher premiums.
3.Accident Claims � insurance companies will check on the accident claims you�ve made in the past. The more claims, the higher premiums.
4.Occupation � There is a statistical correlation between your occupation and risk. A salesman who drives around a lot is more likely to have a higher premium than his secretary who sits behind the desk all day.
5.Education - A higher education means lower premiums. This is one case where ignorance isn�t bliss.

Car Insurance for The Hurricane Season

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There are various types of insurance coverage available and the extent of damages covered under each type differs. A comprehensive coverage basically provides car insurance for the hurricane season as well as damages occurring from natural disasters such as rain, wind, storm, fire, flood, snow and tornadoes.

If your car is damaged in a hurricane there are two types of coverage?s available, namely gap coverage and rental reimbursement. In case of gap coverage one gets paid the difference between the amount that you owe on the loan and the actual value of the car. However, in case of rental reimbursement the coverage pays you for a rental car till your car is repaired so that you are not left without transportation while the car is being repaired.

One can take special care during hurricanes such as parking the car indoors, moving it to higher ground or parking it away from telephone poles and trees in case one is denied car insurance for the hurricane season. The best period to buy car insurance for the hurricane season is when there is no approaching news about natural disasters being predicted by the weather department. This is so because some companies refuse to give car insurance for the hurricane season when they know that a disaster is about to hit the area.

In case of an approaching hurricane and if you have not obtained a car insurance for the hurricane season one can take certain precautions. The first tips is to get the car repaired and in proper working condition. Have all important documents such as license, vehicle registration, insurance policies and medical information kept in waterproof bags in the car in case you get caught in a hurricane. Do not venture out on the street if there is an emergency declared and avoid paths that cross the storm. If the car is parked in a garage check the garage door and cover the car with thick padding.

Comprehensive Insurance for Cars

If your car is damaged by flood, fire, earthquake, storms, explosions, falling objects, vandalism, or even just a contact with animals, it is to your advantage if your insurance
policy coverage is comprehensive. One classic example is when you are driving along a highway, there is a truck in front of you and a stone was kicked up and caused a crack in your windshield, a comprehensive car insurance coverage will normally cover the expenses for the repair of your windshield. Another is when you hit a deer or any animal for that matter, while driving down a road, your comprehensive car insurance will pay for the repairs.

Elderly Car Insurance

It is statistically proven that elder drivers are more careful on the road compared to younger drivers. And because of this, it is far easier for elder people to acquire car insurance that has lower premium but with higher coverage. However, not all insurance providers are particularly keen on providing coverage for the elderly just like with new drivers or provisional license holders.

The elderly need not despair because there are far more number of insurance companies that cater to the needs of this group with excellent policies. Those fifty years and above can secure additional insurance benefits from these companies which may include up to 75% no claims discount and 10% online discount for new customers.

High Gas Prices - Slower Drivers

Yep, at least there is some good news that is coming out of the gas price hikes that are currently sweeping the country. People ar in fact driving slower on the roads and they are obeying speed limits. This used to be a challenging area for law enforcement for drivers have been known to go over the set speed limits for an infinite number of resons they can conjure up. Driving slowly allows more fuel economy allowing you to maximize the gas you put in your gas tank. People are also choosing not to fill-up rather estimate their consumptions for the week (even by the day) and filling up just a bit over that to allow for emergency stops or drives. If people only folowed the speed limits then their gas guzzlers wouldn�t have consumed too much gas and supply would have lasted a tad bit longer. Drive Safe Guys.