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DWI Auto Insurance – Will My Rates Increase?

admin — Sat, 11 Dec 2010 07:21:34 +0000

If you are convicted of a DWI then you better be prepared for your vehicle insurance to skyrocket. DWI auto insurance rates are more than any other classification of driver’s will pay. This is because a DWI conviction classifies you as a high risk driver and you will pay more in premiums to cover that risk. If you live in a state where auto insurance is optional it may not be such a big deal. However there are plenty of states where it is mandatory and the DWI auto insurance rates may be too much for you to pay.

You may get lucky though because may insurance companies only review a person’s driving record every three years. The fact that you have a DWI may go undetected for quite some time on your current policy so you won’t be charge more. Should you decide to switch companies though for auto insurance or make any changes to your current policy your DWI will be discovered. Many times a DWI can result in your request for auto insurance not being honored or your current policy being canceled.

The Department of Motor Vehicles has made it harder for those with DWI convictions to hide them from insurance companies though. In many states a SR-22 form of insurance is required before the person can get their driver’s license reinstated. This requires contacting your insurance company and letting them know about the situation. SR-22 insurance is more expensive that regular auto insurance because of the high risk involved with the driver. You can expect to be mandated by the Department of Motor Vehicles to have this type of insurance for up to five years.

To make sure you keep the SR-22 insurance coverage after you provide proof the Department of Motor Vehicles has your file flagged by the insurance company. Should you cancel the insurance policy or they cancel it for non-payment they will be notified and your diver’s license will be suspended.

The insurance company does reserve the right to cancel an auto insurance policy should they find out you have a DWI. They don’t have to offer the SR-22 coverage but many of them do because of the high amount of money they can charge for it. If the insurance company plans to cancel your current policy written notice will be sent to you so you are aware of the situation.

According to various studies 25% of individuals with a DWI conviction never find it showing up on their driving record. This is often due to the lack of effective documenting between the legal system and the Department of Motor Vehicles. In other states the DWI can be eliminated after the driver completes a treatment program and a driver’s education class.

By: Caleb Liu

Cheap Car Insurance in Milwaukee, Wisconsin

admin — Fri, 17 Sep 2010 17:16:00 +0000

Wisconsin is one of the few states that don’t have a minimum requirement when it comes to car insurance. Motorists who live in Milwaukee, Wisconsin do carry a burden though and that’s to prove that they can cover the damages in the event of an accident. Without their own means of doing that, most motorists take the economical route and purchase car insurance.

One mistake that too many people make is insuring their car for more than its worth. Many people drive older cars because they simply don’t want to make the investment in a new automobile just yet. For them, they likely have had the vehicle for more than a few years and at one point needed collision coverage on it. As the vehicle ages, the value of it decreases. There comes a point where the cost of the continued collision premium just isn’t justified anymore considering how little the car is worth. Removing the collision coverage will always result in cheaper car insurance.

Where you store your car can also have a direct affect on how high or low your car insurance rates are. Many people in Milwaukee, Wisconsin live in single family dwellings with garages. If the car is typically parked in the garage and this is noted by the insurance company, it can result in a discount. There’s much less chance of the vehicle being vandalized if it’s always in a safe and covered environment.

The type and amount of coverage you had in the past can also play a part in your current car insurance rates. Buying adequate coverage every time you sign up with a new insurer and then doing your best not to file a claim will help lower your rates. Your reputation really does hold a lot of weight when it comes to how much you’ll pay in car insurance, so ensure that you always do your best to stay claim-free.

By: Deborah Mills

Cheap Car Insurance For First Time Drivers

admin — Sat, 04 Sep 2010 15:01:54 +0000

If you are new to driving it would be better, unless you have lots of money, to begin with a car from a lower insurance group. If you can build up and maintain a no-claims profile with no penalty points, you should be able to move up the car insurance groups without significantly increasing your premium.

The idea is that cheap car insurance for young drivers should be competitive because you are cutting out the middleman, so the insurer can pass the savings on to you. However you will have to do the leg-work though, which can take a few hours, but it will be time well spent. You should call at least three insurance companies before deciding on a policy. And remember that you can often save between 10% and 20% by going online. Most insurance companies offer cheap car insurance for first time drivers online. So if you get a telephone quote then you need to check you are not missing out on a deal which you can only get online, even from the same insurance company.

There is no shortage of websites that will let you compare car insurance policies and prices between different car insurance companies. But to get the best possible deal, then you need to spend a few minutes making certain that you are answering all of the questions correctly before you jump online.

Don’t think, however, that you can get away with only looking at comparisons on one website. Each website only compares a small handful of insurance companies. If you really and truly want to make sure that you are getting the very best deal possible on your car insurance, then you really need to bite the bullet and take the extra time to make the same comparisons on at least 3 different websites.

Another way to secure cheap car insurance for first time drivers is to pay up front for the policy. Paying by monthly instalments may appear to be the cheaper option but many insurers will charge interest on the payments (up to 25% APR) and this could effectively clear any perceived savings you made on the policy.

Also consider adding breakdown cover to the policy if offered by the insurer as this could save you a lot of money in the long run and is usually quite cost effective considering the peace of mind it delivers. You can save

Colorado Auto Insurance Minimum Coverage Requirements

admin — Tue, 17 Aug 2010 06:08:46 +0000

Are you aware of the Colorado auto insurance minimum coverage requirements? The minimum levels of auto insurance coverage requirements are set by CO lawmakers. Driving without the required insurance is a very serious matter and can result in penalties and unwanted hassle.

Bodily Injury Liability

As a Colorado driver, you must have at least $25,000 in individual bodily injury liability insurance in place. This type of insurance pays for the medical expenses of a person injured in an automobile accident where you are considered the at-fault driver. Your policy must also have a cap of at least $50,000 to pay the medical bills for two or more people injured in the same accident.

Property Damage Liability

The property damage liability portion of your policy pays for damage caused to objects, such as the other driver’s vehicle, a mailbox, a fence, or a shed. The minimum level of coverage required by law in CO is $15,000.

Please keep in mind that the minimum levels of insurance coverage set out here are just that. Drivers in Colorado do have the option of buying more coverage if they want to. Before you make a decision about what level of coverage to buy, you will need to keep in mind that if you at the at-fault driver in an accident, you will be responsible for paying for damages above your policy limits.

It makes more sense to insure your vehicle properly and not take the chance that you will have to consider tapping into your savings or liquidating your assets after an accident. Your insurance company or agent can help you to figure out how much coverage you should have in place.

Find Colorado Auto Insurance Coverage Today

Now that you know what the Colorado auto insurance minimum coverage requirements are, why don’t you get take the next step and make sure you have enough protection for your needs? Spend a few moments comparing rates from some of the top companies and you can be on your way to the best Colorado car insurance in a jiffy!

By: James J. Robinson

Cheap Georgia Auto Insurance

admin — Sun, 15 Aug 2010 18:36:55 +0000

Compared to the rest of the United States, Georgia is regarded as one of the most affordable when it comes to auto insurance. Statistics show that the average annual auto insurance expenditures in Georgia totals around $900. The range of auto insurance premiums basically varies from one state to another.

The main types of auto insurance include fully comprehensive auto insurance policies, third party (fire and theft) policies, third party insurance and specialized car insurance.

Why get an auto insurance?

Auto insurance covers expenses that are incurred in vehicular accidents, fire damage, and theft. With this kind of policy, any auto owner is secured against several forms of losses.

Principally, this policy covers the policy owner, the automobile and the third party involved in the mishap. Owning auto insurance policies is a great advantage for you and your family as well as for your vehicle.

Important Considerations

Auto insurance is basically expensive. Logically, the more you pay for your premiums, the more coverage your insurance company can provide. Even if auto insurance policies in Georgia rate as one of the lowest, statistically speaking, you can still devise ways to lower your premiums.

One of the easiest ways to lessen the amount you will pay is to secure higher deductible rates. It is also important that you possess a blemish-free driving record. It would be best if the car that you have is not regularly involved in a car accidents. If you possess several cars, it would be better to insure them with the same company, as the company can give you a multiple-car discount. As much as possible, you should get all your other insurance needs (housing, life, etc.) from the same company so that you can get package discounts.

Unlike other states, your credit rating is not as significant in Georgia when it comes to auto insurance. It is better to focus on your own driving records and the many discount possibilities that insurance companies offer. For example, most insurance companies offer discounted rates for drivers over 55 years old and for students who have a 3.0 grade point average. Some companies offer discounts for people who carpool. Others offer discounts to drivers who have taken an approved driving safety course.

By: Jennifer Bailey

Auto Insurance

admin — Fri, 23 Jul 2010 08:59:04 +0000

Auto insurance is a contract with an insurance company that helps to protect you against severe financial loss if you are ever in an auto accident Auto insurance is required to protect yourself from road and auto accidents and may include losses for liability, medical payments and any physical damage resulting from the accident. The coverage of a personal auto policy includes the insured, his family members, friends and associates that may borrow the car.

Automobile insurance includes vehicles like cars and bikes and is available for everybody. Most states have laws that require basic auto insurance coverage for every driver. Only some states ask that you display financial responsibility. If you are involved in an auto accident or stopped by a police officer and found to be driving without car insurance or proof of financial responsibility, you will have to pay a fine or specific to the laws of your state which may also include loss of driving privileges. The financial responsibility law states that you have to demonstrate having sufficient assets to settle any judgments against you which may arise out of an auto accident. If you are uninsured and in an auto accident that involves property damage or injuries to people, you will be required to pay for any damages assessed by a court.

However, having quick payday loans does not prevent a person from suing you. It does assure that the financial and legal resources of the insurance company will assist you in defending the suit and paying for the damages in the case of an automobile accident.

Since most states require auto insurance from all drivers, the states have assigned risk plans to assure coverage. The plans vary from state to state, but assigned risk policies are usually expensive, because a bad driving record makes you a bad risk for any insurer. Most auto insurance policies are non-assessable. If you do have an assessable policy, you can be assessed an extra amount if your insurance company has had an extraordinary amount of car accidents that year.

Auto insurance rates have fallen considerably across the U.S. in the last two years. The reasons contributing to this decline are:

Safer cars

Falling crime rates

Stringent drunk driving laws

Increased competition among insurance companies

Ageing of the population

With a growing need for auto insurance, many insurance companies now offer specific auto insurance deals tailored to the consumer.

By: William Brister

Uninsured Auto Accident – Someone Hit Me and I Have No Insurance!

admin — Thu, 01 Jul 2010 18:14:52 +0000

An uninsured auto accident can put in a very bad spot, even if you are not the person who caused the accident! If you are in California, the “don’t pay don’t play” law is in effect. If you do not carry liability
insurance, you cannot make a claim against the person that hit you. This includes bodily injury and property damage claims! You will be left at your own devices.

If you are not in California, then let me the first one to tell you: stop driving without insurance, go and get yourself a policy, please! You are increasing everyone’s premiums. However, this does not mean that insurance companies get a free pass. You need to learn how to protect yourself. You made a huge mistake, no question. Nevertheless, you need to learn how to protect yourself so you are not treated unfairly.

Insurance companies do not like people who do not have insurance (neither do judges, juries, lawyers, medical providers, nor the public in general). The insurance carrier will try to deny your claim and blame you for the accident. They will put “fault” on you! If the accident is clear (you were rear ended), then the insurance company will be more reasonable; however, if the persons that hit you denies or implies that they did not caused the accident, but you did. Then the insurance company has a duty (not optional) to believe their own client and send you a denial letter. Insurance companies are bound to believe their clients, so if the other driver does not admit fault, it will be up to you to fight back. Since you do not have insurance, you will have to learn the claim process and negotiate as if you were your own insurance adjuster. You need to be ready to settle your uninsured auto accident.

Remember that not having insurance does not mean you caused the accident. You need to separate the two issues and document your claim showing that you had no responsibility in the accident. The first step is to get a copy of the police report. You can go to the Police Records Office and request one. Some jurisdictions will give you a copy the same day. Some others will take up to two weeks. Once you get the police report, make sure you read it thoroughly. Make sure you ask the police records office for an overlay sheet or visit:http://www.auto-insurance-claim-advice.com/overlay-sheet.html to download one from your state.

You need to be looking at what contributory circumstances were attributed to you and the other driver. If there are no codes, or statements made by the officer citing you at fault, then you can point that out to the insurance company.

Read the police report and try to identify witnesses. You can contact them and see if they will be willing to give a statement. Many witnesses will help you if you were truly not at fault. Also look at the physical damages left on both vehicles. Is it even possible that the accident happened how the insurance company claims it did?

Write a letter to the insurance company and explain your position. How did the accident happen and what is your evidence. Give them a date line. If they do not answer, then proceed to file a small claims court
lawsuit. Most of the time, insurance companies will try to settle before you go to court. If they don’t want to settle, go in front of a judge and explain why you were not at fault. If your case is clear, then the insurance company must pay the judgment.

This is a difficult way to deal with your uninsured auto accident; it would be a lot easier if you had insurance in the first place. If you believe you are being “snowed” by the insurance company, consult with an attorney.

By: Hector Quiroga, J.D.

Classic Car Insurance In California

admin — Wed, 02 Jun 2010 01:41:32 +0000

Car insurance is a cover provided to automobiles on the payment of a premium, against any kind of loss. It means that in case of an accident, the insurance company will compensate any financial loss. A person is required to pay a fixed amount, which is known as premium, to the company on a regular basis. Classic car insurance is different from regular car insurance on the basis of, the type of coverage offered and the terms of claims. Classic car insurance in California has insurance laws and coverage options designed according to the state laws.

In California, classic car insurance can be applied for, only if the car is more than fifteen years old. The owner of the car must have held a driving license for more than ten years, and must also have at least one other car, for regular use. Further, it is mandatory for a classic car owner in California, to provide a garage to house the car, when not in use.

Regular car policies that are available are Actual Cash Value and Stated Value policies. Actual Cash value policies pay the insured the adjusted value of their cars in case of irreparable damage to the car. This adjusted cost is calculated by subtracting the depreciated value from the original value of the car. Stated Value policy is where the insurer pays ?up to? a certain amount in case of a claim for total loss. Both these policies are unsuitable for classic cars, as their value does not depreciate but rather, appreciates.

Therefore, the type of insurance policy preferred by the California classic car owners is the ‘Agreed Value’ policy. Under this type of policy, in case of total loss, the insurer is liable to pay a sum that, the insurer and the insured agreed upon while drawing a contract.

There are also many driving restrictions, while purchasing classic car insurance. There are limits on mileage, as well as speed. The owner of the car is also not allowed to use it for daily errands or commuting as a regular car might be used.

By: Josh Riverside

Insurance – Understanding Car Insurance

admin — Mon, 31 May 2010 05:37:59 +0000

Buying car insurance can be a very big expense on the household budget, especially if you have teenage drivers in the family. Add in the fact that every state has different liability requirements and things can get quite confusing pretty quick. It’s good to know what is required and what everything in a car insurance policy means. So let’s take a quick look at what an auto insurance policy really is.

Liability

This is what protects you in the event you cause an accident and hurt someone else, or damage property. Every state has there own liability requirements. Be sure to check what your individual state requires. Let’s take an example of a policy with a liability limit of 100,000/300,000. The first 100,000 is the limit that the policy will pay for any one persons medical expenses. The next figure, 300,000, is the limit the policy will pay for all medical expenses for anyone in the accident.

It is important to note that liability coverage will not pay for any injuries or damage to your own vehicle.

Property Damage

This is the total amount that your insurance policy will pay for property that you damage if it is determined that you caused the damage. Generally, most policies have $100,000 as a property damage limit. You can increase that if you wish to. With the price of cars and property these days, it may be a good idea to increase that limit up to $250,000.

Comprehensive

This insurance coverage pays for damages done to your car. This includes theft, storm damage, fire and vandalism. This coverage will have a deductible attached. The rate for this insurance coverage goes down as the deductible goes up. This coverage will also be required on any loan you may have on the vehicle.

Collision

Collision coverage will pay you for damages down to your own vehicle in the event an accident is deemed to be your fault. If your vehicle is totaled out in an accident the insurance company will pay you the actual cash value of your vehicle. This could be less in some cases than what your vehicle is worth. Collision coverage is also required by finance companies on any loan against your vehicle.

Uninsured / Underinsured Motorist

Uninsured and underinsured motorist coverage will pay you in the event of an accident that is not your fault and the other party has either no insurance coverage, or not enough insurance. No matter what the law states, there will always be those who refuse to carry insurance. That makes having this insurance coverage vitally important.

Optional Coverages

There are many different optional auto insurance coverages that you can purchase on your auto policy. Some of these include emergency road service and rental car coverage. Both of these services can be a big help to you in the event of a claim.

By understanding the various auto insurance coverages you’ll be able to determine what exactly you need for your particular situation. In the long run this will help save you money and give you peace of mind.

By: Michael Russell

Evaluating Minimum Auto Insurance Requirements

admin — Wed, 28 Apr 2010 07:10:06 +0000

Different states will require varying insurance requirements. It is therefore significant to educate yourself about your state’s minimum auto insurance requirements. This is equally important when you’re planning to move to a new state. Knowing these important information will be a critical factor if you want get maximum protection for you in the event of accidents.

Understand Your Auto Insurance Numbers

A series of three numbers are normally used by auto insurance companies to refer to property damage and bodily injury coverage. In Arizona, for example, the minimum auto insurance coverage requirements are stated as 15-30-10-$15,000 for the maximum amount to be paid for a single person injured in an accident or the bodily injury liability; $30,000 for the maximum amount to be paid for all injuries in an accident, also a bodily injury liability; and $10,000 the maximum amount to be paid for property damage or the property damage liability.

Educate Yourself about Minimum Insurance Requirements

Talk to a reliable agent or source or search the Net for accurate data regarding the minimum auto insurance requirements. And since different states will have varying features for this, it is important to know the one being implemented at the stat you are in or you are moving into.

Determine the Extent of the Requirements

It is important to be able to check whether the state’s minimum auto insurance covers not only but also your family. Be sure to check the accuracy of the coverage based on the quote you have gotten from the insurance company. If covering the entire family means having to pay larger premiums, then don’t hesitate to do so. Paying for bodily injury and other important liabilities will be a great help for you in the event of an accident involving any member.

Check If You’re in a No-Fault State

Florida, Hawaii, D.C., Delaware, Minnesota, Kentucky, Maryland, Kansas, Massachusetts, Utah, Michigan, New York, Oregon, Pennsylvania, New Jersey, North Dakota, Texas, and Washington are states that observe the no-fault policy. In these states, insurance companies are required legally to cover the policy holder’s losses, regardless of who’s held responsible for the accident.

Knowing all these are important in evaluating your auto insurance policy. Make sure to keep your proof of auto insurance and to know well everything written on it so you will be knowledgeable of what you’re responsible of and liable to.

By: Andrei Glubakov