tag:blogger.com,1999:blog-1357057850627713062024-09-01T21:39:39.985-07:00All Info and Tips for ur InsuranceUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-135705785062771306.post-7681998456809039652011-06-22T17:33:00.000-07:002011-06-22T17:33:38.038-07:00<div style="text-align: justify;">Auto insurance is an important — and oftentimes, mandated — purchase for most Americans. The average annual auto insurance premium nationwide in 2000 was $687 pervehicle. Here are some tips from the Utah Insurance Department to help you get the best value for your auto insurance dollar.<br /> <a name='more'></a></div><ol><li><b>Maintain a Good Driving Record&nbsp;&nbsp;</b><br /> <div style="text-align: justify;">Companies charge safe drivers (i.e., free of at-fault accidents or violations)lower rates for automobile insurance. Each company has different guidelines to determine what price an individual will be charged.</div></li> <li><b>Comparison Shop&nbsp;</b><br /> <div style="text-align: justify;">It pays to shop around before buying insurance, since prices can differ among companies. In addition to cost, you should also carefully consider other factors such as service, dependability and the financial condition of the insurance company.</div></li> <li><b>Give Complete, Correct Information</b><br /> <div style="text-align: justify;">Give Complete, Correct Information When you call for a quote or fill out an application, give complete and correct information. Since your premium quote will be based on this information, it is very important that your information be as accurate and complete as possible. </div></li> <li>Ask About Discounts&nbsp;</li> <li>Verify Your Information, Policy&nbsp;</li> <li>Consider Revising Coverage, Deductibles</li> <li>Consider Cost of Insurance Before Buying a Car&nbsp;</li> <li>Regularly Review Your Policy</li> <li>Get More Information &nbsp; <b>&nbsp;</b></li> <li><b>Raise your deductible&nbsp;</b> If you have a $200 deductible on your policy, raising it to $500 could reduce the cost of collision and comprehensive coverage by up to 30%. Raising your deductible to $1,000 could lower your premium by 40% or more, according to the institute. Just make sure you have enough money put aside to cover the higher deductible amount in case you're in an accident.&nbsp;</li> <li><div class="inside-copy"><b>Take advantage of discounts.</b> Many insurers provide a discount of up to 15% for teenage drivers with a B average or higher in school, Belden says. Some also offer a 5% to 10% discount for policyholders who take a defensive driving course.</div><div class="inside-copy">If the price of gas has led you to join a car pool or to take the bus to work, talk with your insurer, because you might be eligible for a low-mileage discount. You'll probably need to provide documents to support the change in your driving habits. </div><div class="inside-copy">And if you're in the market for a new insurance policy, a low-mileage discount "is definitely something to ask about when you're shopping around," says Bob Passmore of the Property Casualty Insurers Association of America, an industry trade group. "If you've got a car you only drive back and forth to church on Sunday, you want to make sure they know that."</div>&nbsp;</li> </ol><div style="text-align: justify;"><br /> </div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-135705785062771306.post-37743278054373980832011-06-22T16:38:00.000-07:002011-06-22T16:38:22.288-07:00<div style="text-align: justify;">If you are in an auto accident and you are at fault, you could be held liable (legally responsible) for bodily injury or property damage resulting from that accident. If a lawsuit is brought by the injured party, a court could order that your assets be used to pay for the resulting damages that are awarded. Even for an accident where you were not at fault or were only partially at fault, the costs of defending yourself against a legal action could be very high. </div><div style="text-align: justify;"></div><a name='more'></a><br /> <br /> <div style="text-align: justify;">What if you are involved in an auto accident where the other party is at fault, but they have no money, no insurance, or inadequate insurance and you are injured? Even regarding an accident where you are not at fault you could incur substantial medical and other costs. In New Hampshire, Auto Insurance Policies provide coverage that would respond to such situations. </div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;">And don’t forget the damage to your own auto as well. You will need to repair your auto in the event of an accident or other type of property damage loss. This will be paid by you unless you have the proper coverage available under Auto Insurance. </div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;">New Hampshire Motor Vehicle Laws do not require you to carry Auto Insurance, but you must be able to demonstrate that you are able to provide sufficient funds to meet New Hampshire Motor Vehicle Financial Responsibility Requirements in the event of an “at-fault” accident. If you are unable to meet these requirements your driving privileges in New Hampshire may be suspended. </div>Unknownnoreply@blogger.com0