Finding Cheap Car Insurance after Making a Major Claim

Car insurance rates depends on many factors including your automobile, driving history, other drivers listed on the policy and claims made in the past. Nobody likes the though of facing any problems with their vehicles. However, there are so many things can happen to it regardless of how good a driver you are. It can get hit by a brick, someone scratches, steals or run into it on the street, it may be flooded with heavy rains or trees may fall on it. When you are looking at pictures of cars flattened by trees you probably never think that it could happen to you.

Luckily we can pay a few hundred dollars a year and have a peaceful sleep at night. Unfortunately, Those a few hundred dollars can stretch to thousands if you have claims in your records, especially large one. They usually ask the details of the claim and take it into consideration. Accident related claims where you are hundred percent at fault is the worst ones.

After that you can forget about the cheap auto insurance rates you used to get. You need to accept the new norm and work on that bases. However, it doesn’t mean that you cannot get affordable rates. In particular, you should be able to find several companies that will be more understanding if this was the only claims for a while.

It Could Happen to the Best of Us

You see this is the view they take when they are looking at an experienced driver who has had a claim recently. So, the age and driving history of the policyholder is taken into account when vehicle insurance companies are considering the claims. You should always remember this point and don’t take a bad quote from your current provider in a hurry. Think about all those premiums you have been paying all those years. This is your time of need and it is your right to expect the insurer to come to your aid.

What Happens with a Young Driver?

The situation is a bit different with a young driver. They are already high risk and expected to get involved in accidents. You may have to brace yourself for a steep increase in your premiums after a big accident in your first or second year of driving. You will have to be prepared to look hard and deep to find coverage within your budget.

A good way of dealing with such problem is to take advance driving courses. This is a way of saying that you are doing the best you can to improve the situation and make sure that you will not have another incident like that.

What Happens If You Have More than One Claims?

There is no need to pretend that it will be easy for you to find cheap automobile insurance. You’d better forget about the rates you have been getting before the accidents. Once you have more than one incident it suggest that you are getting into habit. However, it is not totally inconceivable that you were just totally unlucky recently. You may be able to sell this point to your insurer if those claims weren’t at fault accidents. For example, if one was a hit and run by another driver and the other one is flood damage you should be looking for an insurer who would distinguish between at fault and no fault claims.

What Happens If You Drive without Vehicle Insurance

As in many countries vehicle insurance is needed if you want to drive. Not only the owner must buy coverage for his automobiles but also he needs to make sure that everyone who drivers it is insured. Even though each state has their own insurance legislations this is the case across the United States. If it is the law there must be consequences of not following it like fines, suspensions and jail sentence.

Many motorists may think that they can get away with it as long as they don’t get caught. However, it is only matter of time that you will be caught and have to answer for it. People must carry certificate of insurance to show to police officers in the even of being stopped. Many people can have this document electronically these days on their phone or tablets. In many states, police officers can quickly check if you have the required coverage or not.

Possible Fines and Tickets for Driving without Auto Insurance

If you are caught you will end up paying around couple of hundred dollars of fine and you will receive a ticket that will increase your car insurance rates. Even more importantly, your automobile will be confiscated and you will need to buy insurance for it to get it back at the end. So, you may end up paying a lot more than the premiums you managed to avoid so far. Not getting insured cannot be a long term solution unless you live in the wilderness where there is no laws.

Repeat offenders will face steeper fines and probably be taken to court. Then, it is up to the judge to decide what sort of punishment to be handed down. They can even take away your driving license or sentence you to community service or even prison if you were caught driving dangerously or even drunk. Severity of your actions will determine the severity of the punishment.

Possible Financial Consequences of Driving without Auto Insurance

As mentioned above, you may get away with it and never get caught. If you get caught, you may even talk your way out of it without getting a ticket. If you get a ticket it may be a small fine and you may be alright with it. However, things get a lot more complicated when you have an accident and caused injuries to other people and  damages to their properties.

Certainly, you will be booked and processed and appear in the court for dangerous driving and having no coverage. That puts you automatically in a difficult spot in many ways. First of all, some states don’t allow motorists who don’t have insurance to claim for their own damages on third party policies. So, even it wasn’t your fault you may have to pay for the repairs to your auto out of your own pocket.

Now, it is not only about what the law says but what those people you caused damages and suffering says. You can expect them to just go away and forget about it. They will want their losses paid. If you cannot, they will sue you to the full extent of the law. If you don’t have enough money to pay for them you may have to keep paying them for years until you paid them all.

What happens in worst case scenarios? What happens if you seriously injure someone. That is alone pretty difficult thing to take. How would you feel about yourself seeing them suffer because of you physically and financially because you don’t have insurance to pay for their medical bills? There is a lot to consider.

You may be better off finding cheap auto insurance coverage, instead of taking the risks mentioned above. Many people get one or two car insurance quotes and get scared of the high prices. What they don’t know is that there are many other companies to go to and eventually find more affordable policy.

Check Your Credit History When Purchasing Auto Insurance

In case you need to buy an auto insurance policy but you have poor credit, probably you would like to know how you can purchase the policy for a reasonable price. Credit history is a very important factor that has an influence the amount of the insurance rate. However, there are some companies that do not check your credit history. The only thing is that you have to spend some time on the research and know exactly where to look.

There are a couple of cases when it is better for you not to have your credit record checked. If you had some late payments on the credit reports the insurance company will not consider you to be a reliable customer. Besides, In case you had a bankruptcy or foreclosure on your credit then the insurance company can refuse at all to provide you with any auto insurance policy.

Usually the insurance companies so-called “high risk” or “nonstandard” do not check the credit history. These companies always work directly with the clients and usually do not rely on the agents. Such companies can offer a free phone number that will provide you with the necessary information or there are a lot of online quotes that will be very helpful at choosing the best auto insurance policy.

However, while purchasing the auto insurance policy from those companies the driver has to be aware of some things. First of all, the companies that do not check the credit record have very high rates even if your driving record is clean. Their main purpose is to ensure the clients who belong to the group of high risks. That is why it is not reasonable to compare their rates with the rates of the standard insurance company.

What is more, some of the high risk agencies offer only minimal bodily injury and property damage limits that are required. Usually these limits are very low and can not provide the driver with the protection in case he is involved in an accident.

You can end up paying really high insurance premiums if getting the auto insurance that does not require credit history check is your only option. Some time later you can get a chance to apply for the policy of a standard company. It will be possible in case you don’t make any claim during the year.

However, in order to avoid a lot of inconveniences and problems it is recommended to pay all of the credit bills on time because only then the insurance company will consider you to be reliable customer. What is more, you will not have to pay high insurance rates and you will get a chance to get some discounts that will save some money.

Nowadays we are living in the world where info quickly enhances the quality of our life. That is why if you are properly armed with the info in your sphere of interest you can rest assured that you will in any case find the way out from any bad situation.

Are Senior Drivers Making Our Roads Dangerous?

senior drivers Over the past 40 years, an interesting transition has been taking place on American roads, namely the composition of drivers and the mix of their ages. In 1983, half of all drivers on the road were under the age of 40. Now drivers under 40 make up less than 40 percent of all on the road.

During the same period of time, the number of drivers under the age of 30 has experienced a similar precipitous drop. If we traveled back to 1983, wed find that approximately 33 percent of all drivers were under 30. Now they dont even make up a quarter of drivers, coming in at just 22 percent.

Both of these declines indicate a significant increase in older drivers.

Why Are Drivers Getting Older

There are a number of reasons the average age of an American driver has been increasing over the past few decades. First, the baby boomer generation, which is comprised people born in the post-World War II baby boom from 1946 to 1964, makes up a significant portion of the total population. 76 million children were born in the United States during that period.

Many baby boomers have reached retirement age. That means even the youngest drivers in this group are closer to 50 years old than 40. And the sheer numbers of them ensure theyll have an impact for many years to come.

Secondly, the advances in healthcare, which started in the 1930s and see us now with sophisticated, high-technology diagnostics, has greatly improved the average longevity of Americans. Not only are we living longer, but more of us dont fall victim to diagnoses that just a few decades ago would have been fatal. We live longer, and more of us are staying alive, too.

But it isnt just the aging population that effected such a demographic shift. There are a couple of identifiable trends with younger drivers that are also proving to be significant as well.

Graduated drivers licenses are now in place in most of individual states since being introduced in the 1970s. GLDs are an attempt to reduce the dangers posed by young, new drivers by placing restrictions on them.

Thus far, while they have reduced the fatal collisions that 16 and 17-year-olds are responsible for, they also seem to have shifted many of those fatal crashes to drivers that are 18 years of age and older.

And finally, many teenagers simply choose not to drive and even pass on getting their own automobiles. That means theyre not getting their drivers license. A recent survey saw 49 percent of teens saying theyd rather have an Apple iPad or a computer rather than a car.

So, Are Seniors Dangerous Drivers?

The answer to that question depends upon what other group of drivers youre comparing them with. It is true that with age, especially at 65 years or older, the chances of an accident increase. And once a driver reaches the age of 75, their chance of being a fatality in an accident greatly increases.

The physical changes that come with age, such as declines in vision, stamina, strength and quickness, impact a senior drivers performance. Yet many older drivers employ compensation techniques to help make up for these physical issues. For example, they may stop driving after dark, and avoid being out in bad weather.

Taken together, it would appear that senior drivers are more dangerous than those just hitting middle age, such as drivers in their 40s. But despite displaying increased risk compared to that set of younger drivers, we think another comparison is valid to make as well.

If we compare senior drivers to those who are in their teenaged years or early 20s, the reverse is true. A senior driver is far less likely to be involved in any sort of accident than these younger drivers.

As you might guess, senior drivers will see increases in their car insurance premiums, but theyll be nowhere near what teen drivers pay. And seniors can take advantage of a number of discounts, such as being retired, low annual milage, and more.

Automobile Theft and Insurance Implications

Ever had a vehicle nicked? Did you collapse, heart-broken, on the floor when told that its burnt-out frame had been found at the base of a dry stream bed and was now home to a family of very big rats? The stereo was gone, the seats were gone, the woofers, gone. And the fluffy dice they even took the dice! No more “DOOF-DOOF”, no more dice No more rear seat nirvana I know you were much younger then. Its effects are felt right across the community. For instance, a rise in car burglaries means a rise in auto insurance claims and this at last leads to a rise in car insurance charges.

Nevertheless it does not stop there. Even people who don’t own a vehicle finish up bearing the price of auto burglaries indirectly as taxi fares, bus fares, even college expeditions become even more dear. And if you suspect you have been excluded from these increased costs as you walk or cycle everywhere, think again. And let’s never forget the person.

The poor motorist who’s had his auto nicked must now cop a decrease in his No Claim Bonus as well as pay a serious excess. Even allowing for that there are a few things vehicle owners can do to stop the their cars being taken. If your automobile does not feature an anti-theft machine buy one. That anti-theft gizmo which you bought, use it!

Never leave items that might be captivating to a burglar in clear sight. These may include dept store carrier bags, mobile telephones, wallets, gifts or other property. If such things definitely must get left in the car, hide them away in the glove compartment, boot or maybe under the seats. Many an auto has been nicked from right under its owner’s nose just because the key was left in it. Regardless of whether you are just popping in to pay for the gas you simply pumped, take out the key.

Burglary of your car will take less than 10 seconds with the key already in the ignition. And, having done that, do not forget to lock it. If leaving the vehicle with a technician for upkeep or repairs, only leave the ignition key with the automobile. Never leave spare keys in or on the automobile. Don’t leave significant papers like registration, license or mail in the automobile while neglected.

If, even after being as careful as practical your auto is thieved, report the burglary instantly to the police. You’ll then have to state a claim thru your insurer presuming you have complete vehicle insurance, naturally at the earliest opportunity. Nowadays many insurance firms permit you to report the claim online as well as in the flesh or over the telephone.

The most important thing is to do so rapidly, giving as much detail as is available in order to help streamline the procedure. Once the claim is reported, a claims officer will very probably reach you inside a couple of days to approve the data. If accepted, it may then take anywhere up to another 6 weeks to pay the claim if the auto isn’t recovered. If it is located inside that time, the car will be considered regarding whether it can be fixed and, if this is so at what cost. If the mend costs would be more than the automobile is worth, it’ll be presumed a complete loss and the claim paid for the insured worth less excess. Any way you look at it, auto burglary is a crime that causes loss and nervousness in 1 or 2 alternative ways.

How To Save Money On Small Business Liability Insurance

Are you ready to start saving money on your liability insurance? Being that liability insurance is an important part of any small business it is not something that you want to just drop and that is why getting a deal on the insurance policy is always a priority for any small business owner. Trust me, you will be glad that you have the necessary insurance if there is every a problem.

One of the easiest things that you can do to save money on business insurance protection for small businesses is to simply ask for an increased deductible. As with any insurance policy, there will be a deductible that goes along with it. The best part about asking for an increase in the deductible is that you will be able to save money while at the same time getting the insurance that you and your small business needs.

Saving money is even easier than asking for a higher deductible too. What you can do is just pay the entire insurance policy in full and this will get you roughly a 20% discount on the entire policy. I know this might be a little too much for you to pay up front but at least you will get a discount on the policy. Another good thing about doing this is that many insurance companies will give people an even bigger discount if they pay the policy upfront but that is something that you will have to negotiate with the insurance company.

As a small business it is important that you save as much as possible. Not only is running a small business difficult, running a small business with all the insurance necessary can become rather costly. What I recommend doing is to see all the different routes you can take to save money because there are other ways besides the two that I just mentioned.

Free Insurance Quotes – Getting the Best Insurance Policy

Many different factors generally contribute to the computation of insurance premiums. There is credit history to consider, first and foremost, to look into the paying capacity of a client. However, looking at things from a business perspective, financial loss is one crucial factor that highly determines premium rates of an insurance policy. Insurance companies need to compensate for big losses and thus they raise premiums on their policies.

On the part of buyers, many of them are aware of this business practice. They become more careful when looking for car insurance for example, to be sure that they are not paying any amount more than they should. Thus, getting free insurance quotes is a great thing to do. It gives buyers a chance to compare different prices and see which policy is best for them.

Selling insurance is business for insurance companies. The life of these companies relies on sales volume to generate profit. If they are not earning enough to cover for their overheads and operating expenses, they will go bankrupt and will have to eventually close. It is a tough game as more and more insurance companies are opening to join the industry.

To compete, they are now offering free insurance quotes. Their main goal for doing this is for many potential clients to look at their policies and hopefully be able to close a deal with them. For these quotes to be attractive to buyers, companies offer the lowest rates possible.

Free insurance quotes are very advantageous to consumers. Because many of them are smart buyers and weigh down their options carefully, insurance companies are forced to offer their best deals always, to the consumers’ gain. It lessens incidence of fraud also on the part of the insurance sellers because they cannot afford to risk negative publicity in the face of tough competition.

Buyers are advised to be very discerning when reading insurance policies before signing. Some companies might offer super low rates initially, but it could end up increasing drastically every year. Other than the initial rates offered, it is also good to review the lock-in period for these rates, or if not, check the rate of increase per year.

Free insurance quotes are beneficial to both insurers and clients. In the end, it generates more sales for an insurance company while a client gets the best deal for his money. Free quote services are readily available in company websites thanks to the advent of the internet. It can be prepared for clients in just a matter of minutes.