Find Cheap Auto Insurance: Guide to Car Insurance Quotes and What Affects Rates

The cheapest up-front rate for car insurance isn't always the best option for many drivers as they could end up paying more money in the long run. Even if you follow the minimum insurance guideline in your state, you could still have to pay a lot of money out of pocket if you are found "at fault" in an accident. When you are trying to find cheap auto insurance, keep in mind that there are more considerations than just the rate itself.

There are also personal factors that play a role in how much your car insurance rate will be. For instance, if you are a younger driver under 25, or older than 65, you will likely end up having to pay a bit more money since you are considered more "at-risk". Gender sometimes plays a role as well, as females are generally believed to be more cautious drivers, and will, therefore, be eligible for lower rates.

However, even if you are between 25-65 and do consider yourself to be a cautious driver, there are some other factors that could potentially cause your rates to go up. For instance, if you have bad credit, insurance companies might think that your financial situation is bad and that you are a risky person to insure. As a consequence, it will be more difficult to find cheap auto insurance. Another factor is the vehicle itself. The make, model, age, and current condition affect the insurance quotes you receive.

How to Find Cheap Auto Insurance Which Considers Your Living Area

There are also factors such as where you live and work. Living in a rural area will likely be less costly for drivers than living in an urban area since fewer people on the road means there is less of a risk of getting into an accident. Professions that include a lot of "on the job driving", such as a caterer, delivery service, journalist, etc. will sometimes be quoted at a higher rate than someone who stays in the same office or stores all day and just has a short commute to/from home.

If you're not happy with the kinds of quotes you are receiving, you might want to check and see if you qualify for any discounts. Some car insurance companies and quote sites really do offer a huge range of discounts and coupons.

When comparing quotes, once again, it's important not to just select the one with the lowest monthly rates. Think about your type of car and how much money you'll need to pay in repairs or replacement should it badly damaged. Will you be able to afford the huge deductibles? It might be better just to pay a bit more on monthly payments.

A good place to find cheap auto insurance is insurance. Discounts of all kinds are available ("Paid in Full", "Fast 5", "Claim-Free", etc. There is even a quiz you can take at the Esurance site for a personalized quote.

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Florida No Fault Insurance No Fault Auto Insurance Laws in FL and Other States

What is Florida no-fault insurance? What exactly is no-fault insurance in the first place? Where is it available and what are its advantages and disadvantages? If your life in FL and have questions about how the Florida no-fault car insurance laws work or really if you live in any one of the twelve states that use a no-fault system, knowing the answers to these questions will help you understand how your car insurance policy works. Read on to learn some of the basics of no-fault car insurance in Florida and in other states.

WHAT IS NO-FAULT INSURANCE?

Under 'pure' no-fault insurance each driver would be completely covered by his own auto insurance (up to his policy limit), and drivers would be barred from suing another driver regardless of the severity of the accident, the injuries incurred and even if a death were involved.

However, no state uses 'pure' no-fault insurance. In general, no-fault is an auto insurance system in which both drivers must carry insurance for their own protection, and their ability to sue other drivers for damages is regulated by certain limitations. States impose these limitations by determining which cases are permitted to go to litigation.

Under this system, motorists may sue for severe injuries and pain and suffering. Some states MI, NJ, NY, and PA use a verbal threshold system, where the severity of the injury is defined in verbal terms (verbal threshold). Other states use a monetary threshold, a set dollar amount in medical bills and lost wages that must be met before a motorist may sue for damages. Insurers generally favour laws that provide for a verbal threshold on suits instead of a dollar threshold. Setting dollar targets for medical expenses may encourage the submission of fraudulent claims in an effort to reach the total dollar amount whether the expense it justified or not.

WHY THE NEED FOR NO-FAULT INSURANCE?

The desire for a new way of handling auto insurance claims rose out of a dissatisfaction with the way in which insurance claims were processed. This dissatisfaction was not only on the part of those purchasing auto insurance but also on those companies and agencies marketing auto insurance and the state officials regulating it. The issue focused on the often expensive and time-consuming process of determining who was at fault in the accident and who was legally and financially responsible.

The delays in determining liability caused legislation to be introduced in many states in the 1970s that allowed victims to recover financial losses such as medical and hospital expenses and lost income from their own insurance companies. This became a forerunner of today's no-fault insurance.

The concept of no-fault insurance was first widely introduced to the public in the early 1900s. Its two main tenants, stemming waste, inequities, and lengthy delays in the liability system, and providing affordable coverage for medical care and rehabilitation costs had its appeal among the populace. However, the process that was to be put into place to pay for no-fault insurance was anything but appealing to the voters. A pay-at-the pump initiative was introduced as a way to pay for no-fault insurance by collecting a fee on gasoline sales. In every state in which the initiative was considered, the plan to tax gas in order to fund no fault was defeated. Legislature in many forms was even introduced at the Congressional level but it never made it to a vote.

HOW DOES NO-FAULT WORK?

The 'no-fault' part of an insurance plan is usually called PIP, Personal Injury Protection, or it is sometimes referred to as OBEL, Optional Basic Economic Loss. Different state's PIP's cover different aspects associated with personal injury. Generally, the coverage is related to medical expenses, loss of wages, and compensation for loss of services incurred because of an auto accident. Funeral costs and death benefits are also usually covered.

STATES THAT HAVE NO-FAULT INSURANCE LAWS

MI, NJ, NY, PA, HI, KS, KY, MASS, MI, ND, UT, and DC and Puerto Rico have a no-fault insurance system. Florida's no-fault insurance expired Oct. 1, 2007, but was re-enacted in Jan of 2008. However, when the system was re-instated, significant reforms to curb fraud were added. This may have been due in large to a letter sent by Chief Financial Officer Alex Sink in July of 2007 to the Governor and state officials. This letter stated that more than 3,000 complaints about PIP fraud had been received in the last twelve months and 329 cases were opened with 225 convictions being obtained. Under the former system, unscrupulous medical clinics and attorneys could run up medical costs for minor accidents.

The following states had no fault Insurance in place at one time and chose to repeal it, with the exception of Pennsylvania who repealed theirs and then reenacted it.

Nevada: - effective 1974 - repealed 1980
Pennsylvania: - effective 1976 - repealed 1984 - reenacted 1990
Georgia: - effective 1975 - repealed 1991
Connecticut: - effective 1973 - repealed 1993
Colorado: - effective 1974 - repealed 2002

WHAT ARE THE BENEFITS OF NO-FAULT INSURANCE?

No-fault is intended to reduce legal and administrative fees that are associated with insurance claims and reduce premium costs. Also, the long delays associated with determining which party is at fault and the haggling between insurance companies over who is financially responsible is done away with. This plan also ensures that no matter who is responsible for an accident each party will be covered to his policy limit.

CRITICS OF NO-FAULT INSURANCE

Critics point out that this insurance system carries some of the highest insurance premiums in the nation. The liability issues that still remain intact actually drive premium costs up. States with no-fault insurance also carry the highest incidences of fraud and abuse. Another criticism of no-fault insurance is that reckless or negligent drivers are not punished because many cases do not go to trial and these drivers may continue to drive irresponsibly.

NO-FAULT AUTO INSURANCE QUOTES

Whether you are in a no-fault state or not - it is always a good plan to shop around and compare car insurance quotes at least once every 6 months to ensure that you are getting the best deal.

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Alabama Auto Insurance

If you are planning to buy a car in Alabama and register your car for Alabama car insurance, then you must first be aware that unlike other states, you have to prove that you are taking the responsibility to financially cover yourself in the event your car is involved in an accident. This is one legal requirement in Alabama, which you must keep in mind while applying for Alabama auto insurance, otherwise, you would not be allowed to drive your car on public roads in the state of Alabama.

One of the easier ways to meet with this requirement of Alabama car insurance policies is to purchase insurance from carriers licensed to sell insurance in the state of Alabama. There are other options available too - you can obtain a Motor Vehicle Liability Bond for a minimum amount of $50000 or a Certificate of Cash Bond for a minimum amount of $50000.

By purchasing a basic Alabama car insurance policy for liability coverage, you are ensuring that you meet the minimum financial responsibility requirement of the state of Alabama. There are a lot of ways by which you can prove your financial coverage responsibility to entitle yourself for Alabama Car Insurance. You can show a copy of your insurance card or premium receipt or a certificate of liability policy from your provider. A copy of your liability insurance policy or a copy of the invoice of vehicle purchase would also suffice. In the event you are renting a vehicle in the state of Alabama, you can also show a copy of the rental agreement. Finally, a copy of the Motor Vehicle Liability Bond or a Certificate Cash Bond is also a valid proof of your financial responsibility coverage for obtaining Alabama auto insurance cover.

If you do not meet this important financial responsibility coverage provision for Alabama auto insurance, you are running the risk of your registration being suspended. Reinstatement of registration is a very complicated process and involves hefty monetary penalties which may not necessarily guarantee reinstatement of your registration. Car owners in the state of Alabama cannot circumvent these legal requirements for obtaining Alabama car insurance but what they do is to look for cheap and budget car Alabama car insurance quotes which most insurance companies willingly provide. Most of these insurance companies have the facility of providing instant cheap Alabama car insurance quotes by filling up simple online forms so that you can decide which quote suits you the best

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How to Arrange Cheap Auto Insurance?

Cheap Auto Insurance quotes instantly, and you can choose from the rates that you prefer. See how the inexpensive coverage you need is provided at lower rates than found virtually anywhere else in the country. Cheap auto insurance which offers good protection often seems like a dream too good to be true. People don't believe in getting cheap products nowadays as the inflation rate rises significantly in every part of the world.

Cheap auto insurance is easy to come by, even for those with less than excellent driving records. However, you should understand that if you are in an accident, your car insurance rates will likely rise, and you may have high out-of-pocket expenses to pay. Cheap auto insurance has a scary ring to it. The first thing that comes to mind is that of the level of cover it provides.

Companies are vying for your business and try to give good discounts to keep you with their company. You can get cheap auto insurance when you combine policies together with one company. Companies frown on an expensive, fast sports car with a teenager behind the wheel. Don't dangle temptation in front of your teen.

Car insurance comparison has been around since 1800's when in United States insurance providers started writing one of the first motor insurance policies. As long as there is more than one insurance company, there will be always car insurance comparison. Car Insurance Rates will help you find the best and cheap auto insurance. Car insurance companies will pull your credit report to help determine your rates so you can minimize your insurance costs by cleaning up your credit. Once you have your free report, look through it carefully for errors and negative items that you could easily fix.

Car Insurance is a requirement in most parts of the country, making it the most common insurance purchased in the United States. But for new drivers, shopping for car insurance can be an intimidating experience. Car insurance company plan on these and statistics prove it to be true, which is why they feel the need to charge outrageously high rates to 16-year old. Unfortunately, there's not much even the most responsible 16-year old can do to prevent this classification, but only at first. Certain famous insurance carriers follow a certain set of principles, which you have to follow. This would surely ensure you're getting your perfect auto insurance rate. Certain options, like anti-theft devices, airbags, and anti-lock brakes, may reduce your insurance costs because of discounts.

Accidents can't be predicted by definition. If you want to be ready for unexpected events when you're on the road, you need to have the best auto insurance. Accidents are generally purged after 35 months, depending on the insurance company. Tickets, on the other hand, can cause your premium to remain high for 5 years. Drivers who engage in these types of behaviors are high-risk, high-frustration roadsters who seldom consider the consequences of their actions and routinely disobey the laws of the road. This makes getting cheap auto insurance a challenge. Drivers and vehicle owners pay a specific amount of money to a provider on regular bases (monthly/6 months/Yearly). The payment rate is different for each person, and it depends on a number of things such as your car, past driving record, credit score, location and etc. Drivers with a good credit score, good driving record, and a safe car get cheap rates where everyone else gets higher rates since they pose more risk. Usually, rates also differ from one provider to another and the difference can be quite a bit.

Teens should also be insured on safer cars such as the family sedan, rather than a sports car. Teens can save a little on the premium by maintaining good grades or taking a driver education course which builds confidence and experience. If you do have your teenager put onto your current auto insurance, try to have your teenager classified as an "occasional" or "pleasure-use only" driver on the car rather than a "primary" driver. Instead of simply going with the auto insurance company with the cleverest advertisements, compare auto insurance quotes culled from a variety of auto insurance providers. Ask yourself similar questions to help you identify the type of car that best fits your lifestyle along with the cheap auto insurance deal that best fits your budget. If you have a clean driving record and fit specific age requirements for cheap auto insurance, you should have no trouble finding a good deal. Ask about how insurance claims are approved and processed, and how quickly they're paid. Look into each insurers' financial stability (there are independent rating services that can help you with this).

Ask your insurance agent if the company provides any discounts for age and safe driving records. If you do have a safe driving record, then you are in the prime position for receiving cheap auto insurance. Ask your agent what discounts and payment plans the company offers. Never cancel your existing policy until you get a new policy or at least written binder. Compare quotes and choose your preferred auto insurance deal.

Thank you for taking your time to read this article. Your comments on this article will be highly appreciated. To access Hundred of Gurmit's articles please visit websites. Information shared here does not constitute financial, legal, or other professional advice, and no adviser-client or confidential relationship is or should be formed by use of the site. This article is intended to provide general information only and does not give advice which relates to your specific individual circumstances. Information in this document is subject to change without notice. Any link-listing or ad-listing on this site does not constitute any type of endorsement. Gurmit loves traveling; he has been over 70 countries. He speaks fluent Cantonese, Polish, Hindi, Punjabi, and English. Gurmit is an author, writer, insurance and mortgage expert. He frequently writes on various topics of interest to his readers. Gurmit Singh is a licensed mortgage expert with Dominion Lending Centres Mortgage Villa.

Gurmit Singh, MBA

Mortgage Expert (#M08009905)

Dominion Lending Centres Mortgage Villa (#11574)

Email: mailtogurmit@gurmitsingh.ca

http://www.gurmitsingh.ca

[http://www.gurmitstoor.com]

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Car Insurance in New Jersey at $1 Dollar

Car Insurance in New Jersey at $1 Dollar

New Jersey has implemented a new auto insurance program that offers $1 dollar a day car insurance for qualified residents. It is called the SAIP initiative. This stands for the Special Automobile Insurance Policy. It is available for New Jersey motorists who, because of their limited income, often go without buying auto insurance.

Many people mistakenly believed most NJ residents could qualify. This NJSAIP program is for special needs drivers, who are Medicaid eligible. You can apply at a local NJ office. Not all Medicaid recipients will qualify for the program. An insurance provider will be able to tell if you qualify, just by looking at your Medicaid I.D. number on the card.

You need to bring in your drivers license, your car’s registration information, and your Medicaid I.D card. If there are more than one person who will be driving a vehicle and both meet the requirements, then both applicants can apply with the same automobile information. The SAIP program is underwritten by the National Continental Insurance Company.

To apply for NJ $1 dollar a day coverage, an applicant needs to provide documented proof of Medicaid enrollment. Each concurring time the policy renews, the driver will need to verify their enrollment in Medicaid again. If during the duration of the policy, a person becomes non-eligible for Medicaid, the low priced insurance will remain up and to the policy expiration. However, certain constraints will be imposed and the benefits will be limited.

1. Limitations to NJ $1 Dollar a Day Auto Insurance

There are some restrictions in place for this type of coverage according to NJ Auto Insurance Laws. Motorists who have had their license suspended or revoked are not eligible for the program. This includes those who have past DUI offenses. If your license is currently suspended and you think you could qualify, see a judge and take the appropriate steps to get your license reinstated.

2. Paying for New Jersey Dollar a Day Insurance

This policy for qualified New Jersey drivers costs $365 annually. If a full payment is made up front, there is a small discount of $5. The cost then is $360 and the cost actually goes below $1 per day. An installment payment option is available, with two equal payments of $182.50.

3. SAIP Auto Insurance Coverage

SAIP coverage is not only cheap but has excellent high limit coverage. It provides emergency care after an accident, including brain and spinal trauma, up to $250,000. There is also a death benefit given for $10,000. It does not cover damage to your vehicle, nor damage you cause to another person or their property. You would need to add additional collision or comprehensive coverage for this.

4. Eligibility

There are just a couple of general requirements for those willing to apply.  Applicants must be currently uninsured and they must be currently enrolled in a Medicaid program that also provides hospitalization.  Be aware that not all Medicaid enrolled persons are eligible. If you want to determine your eligibility, you must bring your Medicaid ID card to an insurance specialist who will be contacting Medicaid on your behalf.

If you do not qualify for New Jersey $1 dollar a day car insurance, you can still get very cheap coverage online. There are direct auto insurance companies like goodto2go insurance that have rates as low as $39 per month, with excellent liability coverage. Apply now for your free, no-obligation quote. Compare multiple online rates in about 4 minutes and see the savings for yourself.

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How to Get Affordable Car Insurance in Oklahoma

Young, male drivers seem to face some of the highest car insurance rates in Oklahoma. Although the Oklahoma Insurance Code is in place to ensure that rates aren't unreasonable, statistics do show that teenage males are more likely to get into accidents than teenage girls and older folks. If you are the parent of one of these young men, you are probably wondering how you can find affordable car insurance for them. Although you're unlikely to find a rate that is equivalent to yours if you've had a clean driving record for decades, you can reduce your son's insurance costs by utilizing these tips:

enroll him in a recognized driver's training course. When you call to ask for quotes for car insurance in Oklahoma, ask the agent about which driver's training courses they recommend. Once your son has completed a course like this, his car insurance rates will automatically be more affordable.

encourage him to study. Every parent wants their child to do well in school, but now there's an extra incentive. A growing number of car insurance companies are offering a discount to students who maintain a high-grade point average. If your child understands the savings that can be had if he works on his studies, he'll be more inclined to focus on school.

sign a contract with your child. Some car insurance companies in Oklahoma actually have these types of contracts available to their clients. The contract states that your son will be responsible for any extra expenses such as paying the deductible should he cause an accident and also paying for any speeding infractions. It's also good to have a clause in the contract that states when driving privileges will be suspended.

The best way for any parent to help their son or daughter enjoy affordable car insurance rates is to show them how essential it is to always be a good driver. If a parent drives recklessly or speeds up to beat traffic lights while the youngster is in the car, that child is more likely to adopt the same dangerous behavior. Show your child for example what a good driver is.

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Washington D.C. Car Insurance - Where to Get the Best Rates

Washington D.C. Car Insurance - Where to Get the Best Rates

Have you compared prices on your Washington D.C. car insurance lately? If you haven't, you're probably not getting the best rate you can. With a little fast and easy research, you can get the best rates and save hundreds of dollars on your auto insurance.

Visit an Insurance Comparison Website

To find the best rates on your Washington D.C. auto insurance, begin by visiting an insurance comparison website on the Internet. An insurance comparison website lets you quickly and easily compare auto insurance quotes so you know you're getting the best rate.

If you have any questions about your auto insurance, the best insurance comparison websites have an online chat feature so you can get your questions answered by insurance professionals.

Complete your Insurance Information

At the insurance comparison website, you'll complete a form with information about your:

* Driving habits, such as the number of miles you drive each year and any tickets or accidents you've had.

* Vehicles, such as the year, make, model, and safety features.

* Personal information, such as your name, address, and age.

* Coverage amounts you want. The higher you set your coverage limits, the higher your rate will be.

* Deductibles for comprehensive and collision coverage. The higher you set your deductibles, the lower your rate will be. If your auto is more than five years old, you may want to drop comprehensive and collision coverage altogether.

Compare Your Quotes and Choose the Best Rate

Once you've completed your form, you'll soon have multiple auto insurance quotes from A-rated companies to choose from. You can then compare the quotes and choose the company with the best one.

By taking a few minutes to shop around and compare quotes, you'll be able to find the best Washington D.C. car insurance rate.

Visit http://www.LowerRateQuotes.com or click on the following link to http://www.lowerratequotes.com get Washington D.C car insurance quotes from top-rated companies and see how much you can save. You can get more car insurance tips in their Articles section.

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on Washington D.C car insurance.

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