Q: What is the best Kentucky auto insurance for a new driver? I just got my license and my parents do not want to add me to their insurance. Any advice? Thank you.
A: Unfortunately as a young driver the best Kentucky auto insurance you’ll be able to purchase will still cost more than it would for a driver with more experience. All new drivers are faced with higher insurance premiums because statistics show teen drivers are more likely to be involved in an auto accident.
All drivers in Kentucky are required to purchase automobile insurance that will cover a minimum of $60,000 dollars per accident. You must also keep proof of insurance in your vehicle at all times or risk a fine and possible loss of license.
The best auto insurance option will boil down to what you can afford. I understand your parents reluctance to add you to their insurance policy, but they may not be aware that since you are a minor they may be responsible for any accident you are involved in if you do not have enough insurance coverage. If they take this into consideration it may actually be less expensive and offer more protection for their assets if they do add you to their policy.
Auto insurance is a basic amenity for all car holders. We cannot say no to it even if we feel that it is coming as a heavy jolt to our pocket. Given a chance many of us would like to do without it. The big question arises, are we all aware of the fact why we need auto insurance. There are two major risks we are trying to cover in the process. One is the risk of covering the asset and the other is the risk of covering the health of the owner or the driver of the car. The car protects the third party against any personal injury or death related claims. The coverage covers the insurer against any charges of repair in case of an accident. It covers the asset against theft, vandalism or fire. Therefore we can see for ourselves that it is extremely important to go ahead an take up a policy for the vehicle that we have.
When we go shopping for an insurance the following needs to be kept in mind before buy a policy. The customer needs to take up a policy which goes according to the state requirement. The policy should cover personal injury protection and asset related damage problem in case of accidents. For e.g. if the customer has a $ 10,000 on injury protection and if he goes through a serious problem in which he is supposed to be hospitalized for a longer period of time $ 10,000 will not be enough. The customer would need to rework on his plan keeping this aspect in mind.
The customer should try to get his insurance from the same company from which he has his other insurances. This would help him to get an overall discount on all the policies he has taken from the company. The customer should watch out for the co insurance amount as that is a direct out of pocket expense which the customer needs to bear. The next would be for the customer to look out if he has completed five years with an insurance company. He again can ask the insurance company to bring down his premium amount.
The customer should consider the following points before he goes ahead and finalizes an insurance policy for himself.
Each year there are hundreds of people who travel to the US either for leisure purposes or on a business trip. However, when they arrive many times the travellers are not allowed to drive because they do no know what is required of them. Once you have everything available for you to drive in US, there are many auto insurance options that are available to you.
Before you fly to the US, the first thing you want to tick on your checklist is an International Driving License. You can get this in your country, so you have to contact the relevant authorities and explain them the situation asking them to issue you the card. Once you get this, you can drive any car you want, however, you must have the auto insurance. Few travellers do not get themselves insured because they would rather spend the money on something else. What they do not realize is the danger that they are putting themselves into. Even if they do get the insurance, it is only very limited and can only be used to cover the damages that are suffered by the car.
If you are on a leisure trip, there is a chance that you could run into an accident. If you do not have any sort of coverage, and it is a serious accident, all money which you had saved up for the trip might be spent in the medical bills. And even more. Getting the insurance should lift a huge burden off you because even if there is an accident, you would know that you will be backed up.
There are numerous insurance companies where you can buy different types of insurance policies. Go to the internet and look for the insurance policies that are offered by the companies in the state you are in. you can find various different deals, and on the web you can also compare prices of the different policies. However, if you do not plan to buy a car and just rent it, even then you can, and should get insurance. The companies that provide you with rent-a-car service will not issue you the car unless you have the insurance.
Q: I recently moved to The Windy City and was a little shocked by how much my premiums went up. What are some good ways to save money on Chicago auto insurance?
A: Life in the big city certainly has pros and cons, just like anything else. Unfortunately, living in a large city such as Chicago will ultimately mean that you are hit with higher premiums. There are easy things that you can do however to save money on your Chicago auto insurance plan.
One of the easiest ways to drop your monthly insurance premiums down is to simply as for a higher deductible. High deductible vehicle insurance policies are great for safe drivers who don’t have a history of traffic accidents or bad judgment behind the wheel.
If your current deductible is $200, try raising it to $500 or even $1,000. Most likely, you’ll see a 20%-40% decrease in your monthly premiums.
Hopefully I have given you a helpful tip on how to save money on your Chicago auto insurance plan. We also strongly recommend that you take a few minutes to compare vehicle insurance rates and quotes online from several different providers. Shopping around will allow you to see what other companies are offering, and you might just be surprised at how much money could be saved. While this may seem like common sense, many drivers are simply too lazy to shop around for the best deal and end up overpaying for their coverage as a result. Good luck with your search!
It is obvious that people do not pray for accidents to happen to them and their loved ones. Nobody wants to wish a crash for his or her beautiful automobile. The fact remains that even when we do not wish for accidents, they still happen either from our careless mistakes as imperfect humans or from careless mistakes of our neighbor who is also making use of the roads we use.
Now this makes it important that we buy the ideal car insurance cover policy. This should not scatter of finances or hurt our budget.
Clients who are paying for a car insurance policy for the first time find themselves either nervous or a little bit afraid but this need not be the case if you follow the given tips below…
Inspect your vehicle and understand the best car insurance cover that suits it well. It is true that using old cars and many drivers will increase your premium since you will need to add a towing cover in your car cover policy.
Getting your car insured is mandatory for every driver. For you to have the peace of mind of driving freely around town and knowing that whatever happens you have you car covered it a good feeling.
It is good you remember the cash you will be OK paying at the end of each month.
The best service institution for this will give you access to the best free professional consultation services on demand. Getting the best insurance deals start with comparing free quotes on the needed insurance type; in this case, auto insurance.
Car owners throughout the nation frequently ask how to find discounted auto insurance. In fact, tips for finding discounted car insurance rates are extremely valuable and much searched for, by those looking to keep more of their hard-earned money in their own pockets. In today’s economy, that includes just about everyone.
Tip #1 – Shop Around
In order to find discounted car insurance rates, it is essential to shop around and get as many quotes as you can. Most experts recommend getting no less than 3 quotes from different companies, however in reality many more is even better. Every company has slightly different criteria for rate setting; therefore premiums can be very different from one insurer to another. The more prices you get, the higher your chances of finding discounted car insurance rates.
Tip #2 – Compare Quotes
It is important to compare all the quotes you receive, not just on the basis of price, but on coverage limits, customer service and the financial stability of the company. Getting a deeply discounted price from a company that goes out of business within months or cannot pay out claims is useless. Compare the fine details of the quotes carefully to be sure there are no unusual exclusions or limits on the policy, especially if the quote is much less expensive than all the others.
Tip #3 – Get All The Discounts You Can
Getting discounted car insurance rates is all about making sure you have all the discounts you can possibly get on your plan. Companies offer a wide variety of discounts to appeal to many different types of customers and to reward behavior that tends to put customers at lower risk for claims. Therefore, after you’ve gotten quotes, remember to ask about such discounts as the following:
– Good driver discount
– Economy car discount
– Low mileage discount
– All drivers over a certain age
– Good student discount
– Being a member of certain groups, organizations, alumni or credit unions
– Having certain safety features on the car you drive
– Good insurance history
Often during the quote process certain information may be missed that could save you even more on your car insurance. So be sure to specifically ask agents if you have received all the discounts applicable.
Now that you know how to go about finding discounted car insurance rates, it is time to get started. The most effective, efficient and quickest way to get a variety of quotes from different insurers is by using a free online quote tool. You simply input the data requested by the quote tool, such as:
– The region where you live
– Driving records for all drivers
– Claims history
– Information about the car
– The use of the car
Q: I recently relocated to San Diego, CA for work and was wondering if there was any way that I could get a discount on auto insurance in California? Coming from Pennsylvania, the premium increases really caught me off guard and I would really like to keep my costs down. Thanks.
A: Thanks for your question, and congratulations on your new home in CA. While there are several ways to get discounts on your auto insurance in California, I am going to touch on one in this brief article.
Most large insurance companies offer policy discounts to preferred customers, or customers who have multiple policies with them. Do you rent an apartment or are you a home owner? Adding a renters insurance policy or homeowners insurance to your auto coverage should get you a discount on your car insurance premiums.
Now, this is not always the case so it is best to ask your agent or the company direct. However, most insurance providers will offer this type of discount.
Hopefully this tip will help out when it comes to saving money on your auto insurance in California.
Lastly, we encourage you to take a few minutes to compare car insurance quotes online from different companies. Comparison shopping is an extremely effective way to not only save money on coverage, but wind up with a higher quality policy as well. Many drivers skip over this all-important step when it comes to shopping for automotive coverage, and they end up overpaying for their policies as a result.
When most people purchase auto insurance they will often overlook the conditions and coverage of their auto insurance. This can lead to a very bad situation if you end up in an accident and only then find out that your insurance doesn’t cover you the way you expected. This can potentially leave you out of pocket or without your vehicle.
Here are a few tips that can help you to avoid a bad situation:
- Read the product disclosure statement, this will tell you exactly what is covered and under what circumstances you are not covered.
- Choose the right cover for ALL drivers. Don’t choose to exclude inexperienced drivers to get a discount if an inexperienced driver only drives your vehicle sometimes. An accident can happen anytime.
- Only pay for what you need. There’s no point in paying for options such as a hire car if you only drive your vehicle on the weekend and have other means for getting around during the week.
- Don’t make small claims for incidents such as a scratch or dent on the bumper of your vehicle. Your auto insurance will often increase and the yearly increase may well be higher than the cost to simply pay for the repairs yourself.
If you need to obtain auto insurance then you should make sure that you first decide what type of coverage you will need. There are many types of auto insurance that you can get and many different kinds of coverage that you can get. This will affect how much you pay for your auto insurance. You don’t want to be caught without insurance, though, so make sure you get the right amount of coverage so that you have proof that you have it if you get pulled over.
It is tough if you drive without the proper car insurance coverage. If you are caught you will have big fines and maybe even a suspended driver’s license and vehicle registration. It is a major crime to drive a vehicle on public roads without the proper insurance.
If you want to find great insurance then you need to do a little bit of research online. This is because you want to read customer reviews and find out what they think about a particular insurance company. You don’t want to find out later that the insurance company you signed up with does not do well by their customers.
When you apply for a new insurance policy you will get a quote for the amount of insurance that you want. It is by law that you have to have $25,000 in bodily injury liability for each person, $50,000 for each accident and $25,000 for property damage liability. This is known as the 25/50/25 policy.
When you are covered with the right amount of coverage then you can consider getting more insurance. This is because you may want to be covered in case your car get stolen or maybe you want more coverage so if you are in a major accident that is your fault then you will be covered and the other party will be taken care of. If you don’t then you may be footing part of the bill. That is not fun.
Getting auto insurance is so important. Having it is nonnegotiable. Get the best policy for you at the price that you can afford. Go online and do the research you need to do before you sign up for any policy. If you follow these simple rules then you should be legal in no time. It will be a relief to get it taken care of.
Turning sixteen is a big event in a teenager’s life. While getting your driver’s license is part of the excitement, turning sixteen and getting those keys symbolizes so much more than just the ability to drive – it symbolizes greater freedom and independence. However, with greater freedom comes greater responsibility which is why it’s important to insist that your young driver participate in everything that comes with driving, from the auto loan process to finding the right auto insurance policy. While young drivers are generally more expensive to insure, there are ways to decrease these monthly premiums.
Insurance companies offer many different types of discounts, some of which are specifically designed for young drivers. There are good student discounts, for example, that reduce monthly premiums based on good grades. The idea behind this, which is backed up by research, is that good grades are an indicator of responsibility in the classroom. And for young drivers, responsibility in the classroom means responsibility on the road. Auto insurance companies also offer discounts for taking defensive driving courses, something that many young drivers take as a matter of course when studying to take their driver’s test.
Another way to save money when insuring a young driver is to add the driver to a parent’s existing policy. While many parents encourage financial responsibility in their teens by asking them to secure and pay for their own auto insurance, this can get expensive. Instead, consider adding your teenager to your existing policy, and having him or her pay the difference to you. This way, he or she is still responsible for the insurance costs, but isn’t paying a ridiculous amount either.
However, if you feel that it is important that your teenage driver carries his or her own policy, there are a few other ways to save money on a policy. Comparison shopping is one powerful tool for saving money on auto insurance. In some cases, you can find the exact same policy at a cheaper rate through a larger, national insurance company. Another idea for helping your teenage driver save money on his or her policy is to have him or her drive a vehicle with certain safety features insurance companies look for.
By using these ideas, teenage drivers can save money on their auto insurance. Their rates are still likely to be high, but not as high as before. It’s only a matter of time before teenage drivers have built a clean driving record and a history of good grades, which will go a long way toward cheaper insurance policies in the future.