When you are budgeting for a new car, do you think about how your new wheels will change your auto insurance rate? I have been involved in auto sales, arranging auto loans, and auto insurance for many years. I can’t tell you how many times I have seen someone stretch to make a car payment fit into their budget only to have the cost of car insurance blow that budget to pieces.
It happened to me once with a motorcycle. I called around for quotes, and found what I thought was a great deal. I bought the motorcycle, paid my vehicle insurance, and then got hit with a “we goofed” notice billing me for an additional $2400 per year.
Read more…
What if you have to evacuate and leave a car behind to face nature’s fury? Are you covered?
Another police car rolls down the street, urging you to evacuate. You have loaded all the vital papers and family pictures into the van, and your wife is in the passenger seat urging the kids to buckle up. It is time to leave, and as you back out of the drive you realize there are two cars left behind. “I hope I’m covered…” runs through your mind as you join the line of evacuees on the slow march to higher ground.
Does car insurance cover flood damage?
Every year the television news shows cars under water, their radio antennae poking out of the brown lake where Main Street used to be. E
Read more…
I went to a local “Black Friday” shopping event for a great buy on a trampoline. I don’t care how much money I could save on a Christmas gift, I will never, ever, go through that again! However, thousands and thousands of shoppers will spend the next few weeks searching for the perfect gifts, and thousands and thousands of thieves will spend the next few weeks breaking into cars to steal them. ‘Tis the season, indeed.
Christmas gifts left in cars are easy pickings for car prowlers. Shoppers often drop packages off in the car, and return to the mall to continue shopping or have lunch.
Read more…
On the Car Insurance Blog we not only provide advice on finding affordable and the correct car insurance, but also assist our vehicle owners with information about safety on the road. This also includes advice on how to protect yourself in the event of the unfortunate road accident.
Once an accident has occurred it is often a race against time to protect the lives of the accident victims.
Read more…
Wrecking a car is something no one wants to experience, but causing the wreck and only carrying liability insurance coverage is definitely one of the worst types of accidents a person can have. Luckily, you won’t be responsible for paying for the damage to the other person’s vehicle, but if the damage to your own car is too costly to repair, you’re left with the dilemma of what to do with your car.
What to Do with a Wrecked Car
The worst has already happened; you’ve caused an accident and wrecked your car with only liability coverage. Now it’s time to figure out what to do with it since your auto insurance won’t cover the damage. Here are a
Read more…
Hybrid cars, like the Toyota Prius and Camry, Ford Escape, Honda Insight and various Lexus models have been around for a few years now. They are soon to be joined by two new types of vehicles, the plug-in hybrid and the pure electric vehicle.
Electricity with a side of gasoline
Plug-in hybrids, like the upcoming Volt from General Motors, combine an electric motor and battery pack with a gasoline engine and generator that run the vehicle once the battery pack is discharged. Full electric range is about 40 miles, but the gasoline engine extends the range up to 300 miles.
All juice, no gas
Pure electrics, such as the upcoming Nissan Leaf, have no range-extending back-up power source.
Read more…
According the the Institute of Advanced Motorists (IAM), one in every ten cars has at least one illegal tyre in terms of the tread depth. Bald tyres were rarely a feature of those cars on the road a few decades ago but they seem to be a staple today because people are struggling to avoid maintenance costs. However, this could damage your ability to get a hold of cheap car insurance in no time at all.
Another car insurance provider found that almost 50% of all motorists had cut corners on maintenance since the start of the recession to the point at which the roads prove to be a major danger for all drivers on the road thus jeopardising cheap car insurance and this has also caused a greater number of MOT failures. This
Read more…
Mark Ling : Thanks , that was a good explanation on rental car insurance. However, I have another question – what happens if there is a property damage?
Response : This is a very intersting question and a much debated issue even in our insurance world. The comparison of car rental insurance for physical damage is interesting, however I would like to talk about the present version of this coverage. Let is compare auto insurance coverage on rental car. <
Read more…