Are insurance agents obsolete? With over $200 billion in policy premiums written in the personal lines auto insurance market in the United States, consumers are utilizing the internet more frequently to compare and buy policies.
Ever wonder why different vehicles get charged different rates for car insurance? Wouldn’t it be easier to just charge the same rate for every vehicle? From a consumer standpoint, that sounds like a great idea and would help eliminate some of the guesswork at how much car insurance
High risk car insurance is a classification that groups a lot of drivers into a slightly inaccurately-titled group.
As parents, we all dread the day our teenager gets behind the wheel for the first time. We are not only worried for their safety, but also about when we get our first auto insurance bill after they are added as a rated driver.
Non-owner car insurance covers people who may occasionally drive a car, but do not own one. Normal car insurance covers drivers when they borrow someone else’s car, but if you do not own a car, you may not have enough liability insurance when driving.
Car insurance prices are on the increase in the U.S. as most policyholders are being forced to pay higher rates due to a number of factors.
Have you ever wondered how car insurance companies decide how much to charge you for coverage? From one bill to the next, the price you pay for car insurance seems to randomly fluctuate with no real explanation or reason.
Collision insurance pays to repair or replace your vehicle if it rolls over or impacts another vehicle or object. When combined with liability insurance and comprehensive insurance, you have what is known as “full coverage”.
Unless you’re one of the lucky drivers who buy or lease a new car every few years, chances are you have an older vehicle that may not need full coverage anymore.
Comprehensive coverage, or also known as “other than collision coverage”, is one of the types of coverage for physical damage that you can optionally buy on your car insurance policy.
Most drivers come to a point where they begin to wonder if buying full coverage on their car insurance makes sense. At some point, the expense of paying for comprehensive and collision coverage starts to outweigh the benefit if you never have claims and have an older vehicle.
With all the flood damage this year around Houston and southern Florida, many people are wondering if their car insurance will cover the damage caused by the flood waters.