Required Car Insurance in Ohio

Nov 29

Drivers in the state of Ohio pay less for their car insurance than drivers in most other states, but they better have the correct coverage or they will pay a penalty.  According to “Complying with Ohio Insurance Law” from Online Auto Insurance, all Ohio drivers must follow the Financial Responsibility (FR) law of the state.  Drivers also cannot allow someone to drive their car if it is not properly insured or if the other driver cannot prove Financial Responsibility.

An insurance company like Encompass Auto Insurance can help Ohioans obtain the minimum coverage they need to be legal.  The liability limits they need to cover are $12,500 for one person’s bodily injury, $25,000 in bodily injury per accident, and $7,500 in liability coverage for property damage.  All car insurance companies will issue an identification card with your proof of coverage that should stay in your car or with you whenever you are driving.  You’ll have to show the police that card in the event of a traffic stop or car accident.

If you really don’t want to purchase insurance coverage, you can satisfy the Financial Responsibility law by purchasing a $30,000 government bond from the Ohio Treasurer or a few other sources and filing a certificate with the Bureau of Motor Vehicles (BMV) stating your financial coverage.  Without carrying the proper insurance coverage, your license could be suspended, your car could be impounded, and you could pay hefty fees to get both of those back.

Can my car insurer cancel my policy if I claim too often?

Nov 28

The accident and claims record of high profile politician Tony Yengeni have made headlines this past weekend. I had the privilege of sharing a conversation with Tony earlier this year – and our conversation focused more on road safety than car insurance. It is however important to reflect on the data referred to in a story in City Press and discuss the reference thereof to car insurance.

Background information to claims history

City Press has reported that an insurance company paid out R1.3m after a luxury Maserati GranTurismo belonging to Yengeni was wrecked in a high-speed collision three months ago. T

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Read Your Insurance Policy Documents for Saving on Additional Costs

Nov 27

The car insurance sector has been facing a tough time amidst the current downturn. A recent research shows that about 70% of the insurance companies in UK would charge you without much thought if you thought about ending your policy on a premature basis. This has been a 22% increase since the year 2004. It was also seen that about 67% of these insurance companies would charge you for just changing about the details in your policy. The previous value stood at a shocking 17% just indicating that the insurance sector has been showing unintended additional charges over the years.

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No One Says “We Care” Like Auto Insurance Companies Do

Nov 26

When you purchase auto insurance you buy into a family of people who care. You become a part of that family and are given a promise that they will protect you. Now your auto insurance company will devote their whole business to making sure you are taken care of in times of need. They are showing that they care about you and the life you work so hard to maintain.

Customer service becomes an auto insurance company’s first priority and they do everything within their power to put forth the best possible solution for your insurance needs. Most companies even have a 24 hour call center where you can call at any time of the day or night to express your concerns or ask questions about your auto insurance policy. Y

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Lower Your Car Insurance

Nov 26

According to Wallet Pop’s Gina Roberts-Grey, “Cutting the cost of your car insurance” is easier than you might initially think.  The author’s tips usually only take a quick phone call or a bit of research and can save you quite a bit on your car insurance.  Bundle up any insurance policies that you can.  Usually keeping your homeowners and car insurance policies with the same company can save you money.  Always check back in with your insurance company every year or so to see what kind of new discounts may be available.  Most consumers buy insurance then don’t think about it again when this can cause you to lose out on discounts.

Shopping around is crucial to finding the best car insurance.  Agents don’t have access to all insurance companies so shopping online and calling companies like Infinity Auto Insurance to get rate quotes may end up saving you money.  Check your current policy and see if there is any excess coverage that you don’t need to carry and that your state does not require.  Don’t add teenage drivers onto your car insurance policy because your car is almost always covered no matter who is driving.  Adding teenagers onto your policy will inevitably increase your rates, but is not necessary unless they have their own car in their name.

The article recommends dropping collision and comprehensive coverage from your car if it is seven years old or more since the value has decreased so dramatically.  By taking on some more risk and increasing your deductibles, you could save up to 30% on your car insurance bill.  Since your deductible usually is only applied when an accident is your fault, safe driving can help you save thousands by increasing your deductible.  There are also many unique discounts you can find to save you money from having a car alarm to parking your car off of the street.  Contact car insurance companies to find out how you can save money.

Getting auto insurance quotes comparison

Nov 23

If you think you’re paying too much for auto insurance quotes comparison then you might be right. There are so many people that are paying too much for car insurance if they do not have any idea that they are paying exactly what they are paying. If they want to stay paying that price for car insurance you can stop them because they think that they are getting the best deal possible. If you want to challenge your insurance company and to make sure that you’re getting the best deal possible call around to many different insurance companies to compare the rates between the companies. This will give you a better idea on what you will be paying for car insurance and how much you can lower your insurance premium. He Read more…

3 Ways to Save on Car Insurance

Nov 23

Trying to find cheap car insurance is considered by some to be a bit of a myth. They just seem to sit back and accept the fact that they can’t save some money on their insurance policies, thinking that many of them are more or less the same. A quick search for car insurance quotes can change that, and there are a few other things that a person can do if they want to save substantially, and that’s even before they get quotes for their auto. It’s pretty fantastic, and namely, there are three easy enough things that will help a person save exponentially, and that’s something that should always be on the forefront of our minds.

Contact the DMV

It may be a little strange for a person to consider, but there’s a good chance that you will find something proficient in just calling the DMV. It’s all Read more…

Lying to Get an Insurance Payout- Think Again

Nov 13

It has been estimated that there are about two million uninsured car drivers currently driving on the UK roads. The troubling part of the issue that it has been highly difficult for the respective authorities to find out the culprits- driving without insurance cover being one among the offences in UK. Another of the rising incidents that have been giving insurance companies and the other transport authorities a hard time is the honesty level of the insurance customers. It is known that insurance companies have been the good boy when it comes to insurance claims but one should understand that they have been working hard to find out whether their customers are honest.

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