Posts Tagged With 'Car Insurance'

Save Your Car Insurance Premium by Higher Deductibles

Jan 10

The car insurance rate is rising at a faster pace, so to avoid heavy expense select your car insurance policy prudently. Just compare car insurance quotes available at comparison site and opt for the most reasonable one for your vehicle. You can easily find the cheapest insurance quote for your vehicle but keep an eye on other factors also like deductibles. The online tools of the comparison sites help you in simplifying the process and you can save good lot of money. It is always good to opt the insurance policy that has higher deductible, which is paid by you before settling the claim for your vehicle whenever an accident happens.

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Car Insurance Companies Give Discounts

Jan 03

In recent years car insurance companies have realized that “one size fits all” really doesn’t apply to car insurance plans.  The New York Post article “Pay-as-you-drive insurance revs up” by Jeremy Olshan describes a new way to get some traffic off the clogged New York streets.  We recently wrote about insurance companies trying out the pay-as-you-drive system while some places in the country have been using this system for years.  The Bloomberg administration in New York is hoping that a system like this where you save money the less you drive will help keep some drivers off the road and unclog the streets.

While insurance companies traditionally made up for the more frequent accidents by high mileage drivers with premiums from low mileage drivers, this new way of charging customers would change all that.  Driving could be reduced by as much as 8%, emissions by as much as 2%, and oil consumption could go down as much as 4% with these incentives.  A State Farm insurance quote could lower drivers’ rates by up to $270 per car just by installing a device in your car that monitors the number of miles you drive and other driving habits.

Progressive’s Snapshot plan was approved in New York just recently.  In other states, drivers have saved as much as 30% off of their premiums by having their mileage and driving time monitored for six months.  Progressive also looks at acceleration and hard braking and takes those factors into account.  GMAC offers insurance plans using monitoring from their OnStar systems.  The pay-as-you-go plans are not yet available in New York, but have been successful around the country.  Drivers must drive less than 15,000 miles a year to qualify.  Those driving fewer than 5,000 miles a year have received over half off their premiums.  While some are concerned about privacy related to tracking drivers, the ability to save money and cut down on traffic seems to override that.

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.

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.

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…

Deer Effect State Farm Car Insurance

Nov 08

The cost of those seemingly cute, cuddly deer out in the streets is actually more than you might imagine.  Not only do they eat plants and crops, they can carry lyme disease and wreak havoc on your car insurance.  Allan Sloan’s Fortune article on CNN Money discusses the financial impact of what he calls “rats with hooves.”  That may be a bit harsh, but “The case against Bambi” has valid financial points.

State Farm car insurance says that 1.14 million accidents between deer and cars occurred in a one year time frame ending this June.  That cost drivers and insurance companies close to $4 billion in damages.  And if you include the accidents where drivers didn’t have any car insurance or comprehensive coverage, the cost of damages is even higher.  In the past five years the number of deer related crashes has increased by 21%, while the number of miles people are driving only went up by 2%.  The likely cause of that statistic is that there are a lot more deer out on the roads than there were five years ago.

The worst part is that deer are causing human fatalities in car crashes.  It is estimated that 140 people were killed just last year because of deer-vehicle accidents.  The top five states where accidents occurred were Pennsylvania, Michigan, New York, Ohio, and Virginia.  The fewest accidents were in Rhode Island, Alaska, Nevada, the District of Columbia, and Hawaii.  With fatalities and skyrocketing costs associated with deer-vehicle collisions, the author ponders whether eliminating some deer for the greater good of humans is the next step.

Progressive Car Insurance Hiring in Cleveland

Oct 05

Great news for Clevelanders looking for jobs; Progressive car insurance is hiring 260 new workers before next February.  This information comes from Cleveland’s 19 Action News.  Progressive is located in Cleveland and Mentor, Ohio and is known around town for being a great place to work.  Both Top Workplaces 2010 and NorthCoast 99 named Progressive car insurance one of the best place to work in Northeast Ohio.  Progressive is looking for workers to fill sales, service and claims positions.

Progressive is looking for outgoing and smart people who have flexible scheduling options.  The phone representative positions will sell cheap car insurance policies, answer questions from customers, and help them file claims after accidents or other damage to their vehicles.  Applicants must have at least two years of college and two years of experience in customer service.  Progressive seeks good problem solvers who have high energy and pride themselves in offering great service to customers.

In return, employees get competitive pay and a number of other benefits.  Progressive offers medical, dental, life, and vision insurance as well as the option for flexible schedules in certain positions.  They also have tuition assistance, an on-site gym and health services facility, and casual dress.  Unlike some other car insurance companies, Progressive offers employee bonuses when the company succeeds and many resources for parents including maternity leave and a subsidy for child care services.  Contact Progressive car insurance if this sounds like a great career move for you and apply before they are finished hiring at the end of January.

36 percent car insurance customers break the speed limits

Oct 01

Due to increasing car insurance premiums, a number of motorists have resorted to fraudulent practices and uninsured driving on the roads in the UK. It is important to carefully compare car insurance quotes and select the best deal. Even after you have purchased a car insurance policy for your vehicle, it will require a certain level of care and caution. Responsible and careful driving is necessary if you want to be away from the unnecessary hassles of making claims from the insurance company.

In a recent survey conducted by a road safety charity and a leading car insurance provider together has revealed some disturbing figures. The study says that more than one third of the drivers violate the speed limit of 30 mph.

About 36 percent of the surveyed population of drivers admitted that they violate the speed limits at least once in a week.

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