What factors usually lead to higher car insurance?

What factors usually lead to higher car insurance?

There are several factors that car insurance analysts use to compute your car insurance rates. Although each car insurance company has its own biases as to which factor weighs more in the computation for car insurance rates all of them basically use the same set of factors. The factors that are considered include age, gender,…

What is “bodily injury liability” car insurance?

What is “bodily injury liability” car insurance?

Car insurance packages are designed so as to cover different scenarios. Just because another person has a certain type of car insurance coverage doesn’t mean that you have to get the same exact type as well. You have to analyze your driving habits and needs before you choose the type of car insurance coverage to…

Should I get more car insurance if I own a home?

Should I get more car insurance if I own a home?

In general, the answer to this question is yes. You generally want to protect your assets against possible litigation in the case that you are at fault. Further, if anyone in the accident needs long term medical attention, your assets could be confiscated. Higher coverage on your car insurance can help protect your assets in…

Should I beware of car insurance salesman?

Should I beware of car insurance salesman?

We have to admit it, all kinds of salesmen have gotten a bad rap. It may not be fair to generalize, but we have this instinct that seems to tell us to beware of salesmen – life insurance, car insurance, and car salesmen. However, we must also bear in mind that they are not all…

Does each driver need car insurance or just each car?

Does each driver need car insurance or just each car?

The answer to this question will be given in two parts. First you do need to insure each and every vehicle you own. The law requires that a vehicle be insured before you can register it so that without an insurance policy your car can’t be registered. If your car isn’t registered then you shouldn’t…

What are “first party” benefits for car insurance?

What are “first party” benefits for car insurance?

First Party Benefits, also known as FPB, is not a very common form of insurance coverage. In fact, some states do not require you to take out First Party Benefits with your car insurance. Furthermore, FPB includes wide range of insurance coverage. However, only First Party Benefits-Medical is required in states where FPB is mandatory….