Car Insurance - What a Caveman Needs to Know

When it comes to car insurance, it is definitely better to be a cave woman than a caveman. It's an established fact that all things being equal, you will pay more for auto insurance if you happened to born with the XY chromosome.The reasoning behind this is that since men have the testosterone thing going on, they are more likely to drive fast and reckless and therefore are a higher risk than the fairer sex. Having many years of experience behind the wheel, I would have to add that it's not so much whether or not you are a caveman or woman that matters, but whether or not you are a 'young' cave person. I could not begin to tell you how many times I have seen young Cro-Magnon women driving up on another cars bumper at 70 miles an hour. While this gender discrimination may seem a little Neanderthal to many of us, nobody said that life was fair; even for a caveman.

It also matters where you cave is located. When I was living out in Washington State, I paid less than half for car insurance than what I pay here in Maryland. In Baltimore, you can even pay higher rates just by living in the wrong zip code. I have a brother who lives just two miles from where I reside yet his auto insurance is much cheaper because he lives in a different zip code. You can be the safest driver on the roads but if you happen to live in the wrong area, you might just get penalized for it. Like real estate, when it comes to car insurance, location matters.

Lastly, the type of vehicle that you're insuring also plays a large part in how much you pay for auto insurance. For instance, certain vehicles are more popular with car thieves than others. According to the 'National Insurance Crime Bureau(NICB), the Honda Civic and Accord were among the most reported stolen vehicles in 2006'. 'The report also mentioned that thieves tend to target the most popular vehicles because they offer the best market for stolen vehicle parts and illegal export to other countries'. Insurance companies are aware of this as well, and most will charge a premium for the privilege of owning one of these thief happy cars.

While it may be true that you can save some money by insuring your auto with an insurance company that has a caveman as a spokesperson, the truth is that what you pay for insurance is based on numerous factors such as driving history, age, sex and location. Slick advertising aside, that should be so obvious that even a cave man can see it.

How To Find the Best Motor Insurance

We know how much you love your car and in the contemporary world where car is considered to be more of a necessity than a luxury, it is important to have the motor insurance of your vehicle. So, considering the necessity of motor insurance, let us look into some points, that when are kept in view while buying your motor insurance policy, would help you to save a lot of your money and would also help you to locate the best deal.

It is the general perception that the younger drivers are more prone to the accidents than the older ones, and so the insurance world relies more on to the elder people when it comes to the policy. If you are young and you want to get your motor insurance, the premium that would be charged on you would be more in comparison to any elder interested in the same. So, try to get your motor insurance done on the name of some elder in your family. Similarly, if you are getting the insurance of your kid's vehicle then you can buy it on your behalf. If your kids are away at their college then you can insure them only for the holidays rather than for the full year. This way, you would save a lot of money on your motor insurance.

When it comes to driving, then women drivers are considered as safer than the men drivers. So, if you are a women, you are likely to pay a lesser amount of premium as compared to men. However, not always do you get the best deal if you are a women driver. Then, the other obvious facts like the age and the condition of your car is also one of the main factors that give you your motor insurance. And then, there is no dearth of the types of motor insurances that are available in the market. All you have to do is to find the suitable quote for you that suits your requirements.

How To Save Money On Your Car Insurance

Car insurance is required in most states of the United States. There is a minimum requirement of the type of coverage that your car insurance should have and this varies from state to state. Although there is a minimum requirement, you should not settle for the minimum since you will not be covered adequately when an accident occurs. Most vehicle owners will purchase coverage over the minimum requirement that their state requires so that they could be covered from different problems that arises during accidents.

Car owners are required to purchase liability insurance, which is required in most states. The car insurance company will pay the other driver that you cause bodily injury or damage to properties if you hit a fence, a pole or other properties of people. You are also required to purchase a personal injury protection and it is imposed strictly in New York, Florida, New Jersey, Maryland and other fifteen states. This covers the payment of your medical expenses in case you are hospitalized and also the cost of your lost wages during the time of your hospitalization.

You have to know what your options are. Learn what are the different types of car insurance coverage and combine it all together to get an idea of what type of car insurance policy that you will want. Do not try to settle for the minimum requirement of the state. Most people believe that a minimum coverage is a high risk since if you do figure in a car collision, it would be better if the car insurance company will shoulder most of the cost of damages instead of you.

Car Insurance - An Important Decision For The Car-owners???

Car insurance is one of the most important policies you need to have a look at. It is essential to have this policy in place which helps you avoid stressful periods, and also saves you time when your car needs repairs and the costs could run sky-high. You can go for collision cover as well as breakdown cover to protect your car against various problems it can face during its run on the road. Every car faces the usual wear and tear and this needs to be taken care of.

Getting this insurance policy is somewhat of a trouble for many car owners, owing to high premium rates; or, at least, it is a difficult decision to take. However, it is an important one, as important as your car which you would like to protect. Premium rates are fine but protection of your car to cover the damages and repair costs is more crucial to upkeep its long life.

Much of the premium considerations depend on your driving profile and other factors, such as age and also credit card history. When you get your policy, you also need to be careful of a few things. Be regular in your premium payments. This is because failure in premium payments on the due date can render the policy invalid. Also, most people opt for deductibles when they go for car insurance, in order to bring down the premiums to a reasonable payable amount. Deductibles is a serious consideration among many other things. This is the initial amount deducted from your premium payments. Higher this initial uncovered amount, lower the subsequently applicable premiums.

Before you sign the car insurance policy, you ought to read the document carefully and clarify any doubt in the policy, since this helps avoid any confusion when you have to make an insurance claim.

Car Insurance - An Important Investment To Make

Car insurance is one deal you cannot do without. It helps you take good care of your car. This insurance policy is quite an important investment you make for your car and you obviously need to be careful when buying it. Apart from premium rates, also take into consideration the flexibility it allows.

Before you go for car insurance, it is an advisable proposition to understand the terminology and the concepts related to it. Insurance policies with pleasantly low premium rates are more readily available to those who have a good driver profile. Thus, it is a good idea to have a safe driving record. Much also depends on your age. Young drivers fall in the high risk category group. And statistics prove that most of the drivers involved in accidents are in the age group of twenty to thirty. This creates a certain amount of bias against young drivers.

However, if you are a member of safe driver's club, things are likely to be easier. At the same time, safety devices such as anti-theft devices go a long way in building up your credibility. Another important thing is your credit card history. People with bad credit card history are likely to face the music due to lack of credibility in making payments. A car insurance company would not like to take the chance of their customers being irregular in their premium payments.

When you go for insurance, take care of the few terms and conditions that apply. For example, there is a per occurrence limit which gives the guideline for the limit of a maximum amount an insurance company would pay for all claims from a single incident. Per Person Limit is the maximum amount an insurance company fixes for payment in case of injuries caused by an accident.