Tips on Buying Import Car Insurance

If you purchased an import car, you would have to drive it with a car insurance policy to rest assured that there is enough coverage should anything bad happen to your precious car while being in traffic or when have it parked on the driveway at your home place. There are many auto insurance companies advertising on TV and various classifieds for attracting customers telling how many others have joined their business. This can be also valid for you, but you should know that once considering buying car insurance for an import auto you would find it be more expensive than insuring a regular car.

To some of the import car owners this might not come as a surprise, as they must have gotten more information about this matter before purchasing the specific car. But since you read this article it means that you are looking for this information to find out how exactly you can obtain lower rates for your import car insurance policy.

  • The first thing that you should consider in this respect would be to equip your import car with more security features. Not all these cars have those security devices that American or European cars are equipped with. Being also an auto with exotic design it can become a good target for thefts. Investing in these security options, you don’t have to think it as a large expenditure, but rather consider the benefits: you will have car protected against thefts and you will definitely be set with lower car insurance rates.You can consider adding the GPS system choosing Lojack or something of the sort, this fact will lower the car insurance premium as well. Anti-theft devices (choose from many alarm systems available on the market), ignition-shut off devices are also factors to influence the lower rates on the insurance policy.
  • Another possibility to get lower rates on your import car insurance coverage is to join with a group of import car owners. This group will always reach for negotiation on the policy costs and most of the times they succeed in finding the auto insurance company willing to offer a cheaper alternative, as this is also good for the insurers. The company will know that in this way they will have a constant flow of customers coming from this club, so they will take into account the alternative of offering lower rates to these customers. Is the same concept of a merchant selling its merchandise at wholesale price.

How to Obtain Cheap Car Insurance Quotes Online

You can always resort to searching online for car insurance quotes whenever you are up to buying an car insurance policy. This will lead you to compare the insurance quotes and rates at any desired time. This is indeed a method that has been verified by the individuals who are after best deals regarding the concluding of an car insurance policy.

But what if you try to reach to those companies who might have in their offers cheap car insurance quotes online? Some might reply that there is no such a thing as cheap car insurance rates and as such nothing that can be called cheap car insurance quotes online.

Cheap Car Insurance Quotes

 

But this is not at all tru as there are plenty of car insurance companies that are ready to stay at your disposal in the attempt to solve all the questions that you need to find answers to.

Once you have resorted to this method – the online quest for car insurance policies – you can be sure of finding various options that will be displayed out of which you can locate the one that is best for your needs. The online shopping for car insurance is that helpful that it can relieve you from paying monthly bills instead managing to set installments that can fit very well within your monthly income.

With the multiple car insurance quotes you will be able to see also the insurance providers who operate on lower car insurance rates, this depending of course on your personal details. Performing an online comparison of the car insurance quotes is proved to be the easiest and fastest way to obtain the best car insurance rate.

Getting the online car insurance quotes you can spare yourself of the time that you will otherwise spend wandering from one insurer to another and get their different insurance plans. More than this, the results can get you to the cheap car insurance quote online that matches perfectly with your needs. This thing can be obtained by simply opening their page, fill out the registration form with your own details.

Once you reach to the filling you will be surprised to see that both the credit report and the driving history have become important and decisive factors into establishing an accurate evaluation of the car insurance rates that will be eventually set for your situation.

One minor detail, such as your city zip code, night carry you to the websites of different insurance providers most of them being the best in the field and from them to be able to get cheap car insurance quotes for your car insurance policy.

Useful Info on Filing an Car Insurance Claim

Closing a good deal with the purchase of your car insurance means that you have already done the specific research and found the best solution for your car insurance coverage and your car needs. Once you have the insurance you know that through this deal you can always benefit from filing a claim when various mishaps take place.

Car Insurance Claim

 

How does this filing for car insurance claim work? Just read on and find out by following the steps from below:

  • When the accident has taken place, make sure that no one got hurt to need medical assistance. Afterwards call your car insurance agent as soon as possible to find out whether or not the loss that you have just undertaken is covered by your insurance policy. The agent will need to know more of the accident’s details even if they seem minor ones at the first sight.
  • Inquire further on the steps that you must take and what type of documentation (police report, ‘proof of claim’ and so on) is there needed to file for the claim.
  • Other questions that you should ask your agent relate to the existence of any limits when filing for a claim. Ask also about the way disputes are resolved and how the bills are submitted. Is there necessary for you to estimate your damages, can you benefit from a car rental while yours is in the service workshop?
  • Be as accurate as you can in providing the necessary information for the car insurance claim while keeping copies for yourself of all the documents involved in the process along with contact details of everyone dealing with this issue.

You should know also that with the filing for a claim you can have issues while settling this part with your insurer. In case this thing occurs, you should get in touch directly with the company or the head of the department dealing with claims. You should let them know what is the problem you are facing with while filing for the claim. At this point, the copies of the documents that you have saved will come at handy for the dispute.

In your car insurance policy you will learn about the way to settle the dispute and in case your agent won’t satisfy your needs, then you should contact the head of the claim department. Your case will be then studied by an arbitrator (a neutral party) while with some extreme cases there could be the need of an attorney.

You might as well fear that the premium will increase with the claim you have filed for, but this happens in the case where a certain monetary threshold is reached with the charges paid for the claim. But no matter what, whenever you are involved in an accident make sure that you report it, even if this will result in being set with higher premium. Consider that this accident while unreported might have legal actions as outcome that is turned against you and thus you won’t benefit from your car insurance policy at all.

Car Insurance Policy – Its Components

When it comes to car insurance policy you should know that once you close the deal on this sort of insurance what you actually get is a set of smaller policies gathered in a bigger one. The following article is meant to explain to you what the components are of a car insurance policy and what each one of them can make for you.

For instance you must buy a car insurance policy because you would need in the future to be covered for any legal fees or court costs that might be the result of a lawsuit should you be involved into an accident that brings you to court of justice. Apart from this, you would need coverage for any medical bills in case you are involved in an accident with an under insured driver or one who is not insured at all.

Car Insurance Policy

But along with these ones that are perhaps the most essential ones, there are hundreds of other costs involved whether is or is not about your car that need to be covered through a car insurance policy.

The three key components of car insurance coverage are as follows:

  • Liability – this is the section of you car insurance policy that will have to pay for any medical bills incurred in case you are at fault with an accident and people are injured. If there is also any property (be it public or private) that is damaged through the accident you cause, then the policy will pay for the damage. There is a minimum coverage that each state will require by law for the drivers to buy before they are legally apt for driving.
  • Comprehensive – is the component that relates mostly on the incidents that are beyond your power to control them. For instance if hail is damaging your car, you should have the comprehensive component, or if a deer jumps in front of your car and wrecks your car, then comprehensive policy hits again.
  • Collision – this sort of coverage is maybe the simplest one to be understood. In case your car is involved in a collision by your fault, then collision coverage will be the one to pay for the damages that have been brought to your car.
  • Having all these – liability, comprehensive and collision policies – included inside your car insurance coverage, then it is said that you are fully covered. In case there is a loan made on your vehicle you will be required by the lending company to close the full coverage policy for your car insurance policy.

If your vehicle is already bought and paid for, you can choose whichever of these is more convenient for you – only liability or you can go for comprehensive and liability together or choose all three of them.

Hopefully, the information from above can guide you to the right decision, whenever you are out there in your attempt to close a good deal and still have no clue which one to choose for your own car insurance policy.

Car Insurance 101: Why State Mandated Minimum Coverage May Not Be Enough

Car insurance is an important purchase, so important in fact that state governments around the country have passed laws requiring every driver to buy it. Forcing every driver on the road to carry car insurance expands the risk pool and this can lower the cost of car insurance for every driver. Mandatory car insurance also minimizes the chances that you will be involved in an accident with a driver who has failed to purchase car insurance. Many states tie car insurance to vehicle registrations and purchases, making it harder for drivers to avoid buying the coverage they are required to have by law.

Uk Car Insurance
But while minimum mandated coverage is certainly important, it might not be enough to truly protect you in the event of a crash. It is important for all drivers to look at the minimum amount of liability insurance and property damage coverage required by their states and determine if that coverage is really enough to protect themselves, their families and their vehicles.

For instance, in some states the minimum amount of property damage coverage drivers are required to carry is as low as $5,000. To understand just how inadequate that limitation really is, just take a drive and count the number of vehicles you pass that are worth more than $5,000. If you were to be in an accident with any of those drivers, you would be wholly unprotected if all you bought was the minimum insurance coverage dictated by your state government.

Liability coverage is another important area to consider when looking at the minimum amount of coverage your state requires. Again, many states have set the bar very low in this regard. The states generally do this for valid reasons, namely to make car insurance more affordable to drivers who are forced to buy it, but those low premiums can come at a steep price.

It does not take many doctor visits or days in the hospital to run up bills in excess of those limits, and you could be on the hook for the excess in the event of a crash.

When determining how much insurance you truly need it is a good idea to look at the minimum mandatory coverage required by your state as only the starting point. If you are a young driver with little in the way of assets to protect, you might be able to get away with the minimum mandated coverage for awhile, but as you accumulate more assets it is a good idea to revisit this decision and make any changes that are warranted.

One of the best ways to determine whether or not the minimum mandated amount of property damage coverage is sufficient is to head out car shopping. Take a look at some of the most popular models and what they cost, then compare the cost of an average new car to the amount of property damage coverage your state requires you to carry. If the amount of minimum mandatory coverage is significantly lower than the price of the average new car, adding additional coverage is probably worth your while.

In fact many drivers are quite surprised at how affordable it is to ramp up from the state mandated minimum coverage levels. It is often quite inexpensive to double or even triple the minimum required coverage levels, so drivers should at least price these options before simply accepting the minimum mandatory coverage in your state.

Switch Your Car Insurance – and Pocket the Savings

For many drivers the cost of car insurance is exceeded only by the cost of the monthly car payment, and for some unlucky drivers the cost of insurance can be even higher than the cost of the monthly payment. In fact car insurance can cost thousands of dollars a year, so it is important to shop around for the best deal. Switching your car insurance could save you hundreds of dollars a month – money that you can certainly use elsewhere.

The reason that shopping around can save you so much money is that different car insurers use different criteria for determining premium rates Car insurers consider everything from your driving record to your credit report when determining how much you must pay for insurance. By shopping carefully you can find a company that saves you money without sacrificing the coverage you need to stay safe and legal behind the wheel.

Cheap Car Insurance
Why Shop Around?
Every driver will have different reasons for shopping around for the best car insurance coverage, but some of the most common reasons to shop and compare include:

  • Increase your liability limits without increasing your premiums
  • Get a better deal on collision and comprehensive coverage
  • Find lower premiums without reducing your coverage
  • Avoid premium rate hikes Take advantage of available discounts

Finding the Best Deal
These days the Internet is the best place to shop for car insurance. With just a few clicks of a mouse you can compare the rates at dozens of different companies, with all of those companies competing for your business

When you use a comparison website you can get dozens of different offers, and you can then compare those offers and pick the one the best meets your needs This can save you hundreds of dollars a month and help you put  more money away for a rainy day.

Check Coverage Carefully
While saving money is important, it is just as important to do your research when choosing a new company. Always make sure that the company is reliable and reputable – after all, the insurance company you choose will need to be there when you need them to pay your claim.

Making the Change
No matter which insurance company you ultimately choose, It is important to time your change carefully. For most drivers the best time to purchase a new policy is about a month before the current policy expires. This will give you enough time to get your new coverage in place before canceling your old policy. If the state where you live  receives the cancellation notice for your old policy before they know about the new policy, the state may think you are an uninsured driver. By putting your new coverage in place before canceling your old one you can avoid this problem and keep your driving privileges in place.

When you do cancel your old policy it is important to contact your current insurer in writing. Be sure that you have the insurance cards from the new company in hand before writing that cancellation letter. This will keep you out of trouble with the state and ensure that your coverage continues without a hitch.

Switching your car insurance coverage can save you a great deal of money, but it is important to take the proper steps Shopping online can save you hundreds of dollars a month, and putting that new lower priced policy in place before canceling your old one will make the process a  lot easier.

Ways for Keeping Your Car Insurance Bill Low

If you drive a car you need to have sufficient car insurance coverage in place, but it can be tough to get the best deal.  Fortunately there are some proven ways to save money while still getting the coverage you need.

Know Your Options
Before you start shopping for car insurance it is important to determine what type of coverage is required by law. Many states set minimum coverage requirements, and failing to have adequate coverage in place could cost you your license and possibly even your car. Determining the state mandated minimum coverage levels will help you greatly- and it can also give you a good benchmark to use as you shop the various companies doing business in your area.

Car Insurance Companies
But it is important to keep in mind that those minimum coverage levels may not be enough to cover you in the event of a crash. For instance your state may require only $20,000 worth of property damage coverage. If you were to be in an accident with the owner of a brand new Porsche you could be on the hook for the rest. The cost of ramping up from the bare bones minimum coverage to something more realistic  can be surprisingly little, so it is important to ask about the cost of various levels of coverage.

Know the Factors Used to Determine Your Rates
Since you are looking for car insurance you may assume that the only criteria the insurer will use is how well you drive, but that is not necessarily the case. Many car insurance companies use a complicated formula that includes not only your driving record but your credit score and your level of education as well. It may seem counter intuitive, but the companies who use these formulas claim that it provides them with a clearer picture of which drivers pose the greatest risk.

If your own credit history is a bit spotty it is worth your while to seek out companies who focus solely on your driving record to determine your premium payments  Those companies are out there but it can take some time and some detective work to find them. Many car insurers actually advertise the fact that they do not take credit scores into account, so it pays to look for the ads as you are shopping.  In addition you can contact each car insurance company who does business in your area and ask the customer service representative you speak to which factors the company uses to determine rates If the front line customer service representatives do not know which factors affect rates it may be necessary to speak to a supervisor, but it will definitely be worth your while to do so. By focusing on those companies that do not use your credit score you may be able to save hundreds of dollars a year on health insurance.

Car Insurance 101: What Are Tort Laws and Why Are They Important

There are a number of important considerations when purchasing car insurance, from the amount of property damage and bodily injury liability coverage you carry to whether or not to add coverage for uninsured and under insured drivers With all those important decisions to be made, one of the most critical is often lost in the shuffle.

When you sign up for a new or replacement car insurance policy, you maybe asked whether you prefer limited tort or full tort coverage. For many drivers this question is simply too overwhelming, since tort options can be very difficult to understand. As a result, many drivers simply take the lowest cost option – limited tort coverage.

Uk Car Insurance

While it is true that a car insurance policy with limited tort coverage is generally quite a bit less expensive that a comparable policy with full tort coverage, drivers are making a number of trade-offs when they go for the lowest cost option.

When you sign up for a limited tort car insurance policy what you are actually doing is signing away your rights to sue in the event of a crash. For the most part, taking the limited tort option means that you will not be able to sue to re cover for your pain and suffering, even if the accident was deemed to be the fault of the other driver.

Even with the limited tort option, you can still recover your actual damages, including hospital bills and doctor visits that were not already covered by your health insurance policy. So when deciding whether or not to take the limited or full tort option, it is important to consider what would happen in the event  of a crash. After all, that is what having car insurance is all about. Car insurance is designed to protect you in the event of an accident, and each tort option provides a different level of protection at a different price.

Deciding between limited tort and full tort coverage is actually one of the most difficult things drivers can do, so it is important to give this decision plenty of care and consideration. It is often helpful to consult with your family attorney before making this decision, since a local attorney will be familiar with the ins and outs of tort law in your own state. The laws governing tort and the right to sue to recover damages varies from state to state, so  working with a local attorney is always a good idea. A skilled attorney will be able to help you understand what the tort laws mean in layman’s terms and help you sort out the legal jargon.

Deciding which tort option is right for you is not always easy, but having the right information will help you make the right decision. Some drivers will be quite comfortable giving up their right to sue for pain and suffering in the event of an accident, while other rivers will want to protect themselves by paying more for full tort coverage. In the end it all boils down to a personal risk decision – after all that is what all insurance, including car insurance, is all about. In the end, only you can decide whether the full tort or limited tort option is right for you.

Ways for Keeping Your Car Insurance Bill Low

If you drive a car you need to have sufficient car insurance coverage in place, but it can be tough to get the best deal.  Fortunately there are some proven ways to save money while still getting the coverage you need.

Know Your Options
Before you start shopping for car insurance it is important to determine what type of coverage is required by law. Many states set minimum coverage requirements, and failing to have adequate coverage in place could cost you your license and possibly even your car. Determining the state mandated minimum coverage levels will help you greatly- and it can also give you a good benchmark to use as you shop the various companies doing business in your area.

Car Insurance
But it is important to keep in mind that those minimum coverage levels may not be enough to cover you in the event of a crash. For instance your state may require only $20,000 worth of property damage coverage. If you were to be in an accident with the owner of a brand new Porsche you could be on the hook for the rest. The cost of ramping up from the bare bones minimum coverage to something more realistic  can be surprisingly little, so it is important to ask about the cost of various levels of coverage.

Know the Factors Used to Determine Your Rates
Since you are looking for car insurance you may assume that the only criteria the insurer will use is how well you drive, but that is not necessarily the case. Many car insurance companies use a complicated formula that includes not only your driving record but your credit score and your level of education as well. It may seem counter intuitive, but the companies who use these formulas claim that it provides them with a clearer picture of which drivers pose the greatest risk.

If your own credit history is a bit spotty it is worth your while to seek out companies who focus solely on your driving record to determine your premium payments  Those companies are out there but it can take some time and some detective work to find them. Many car insurers actually advertise the fact that they do not take credit scores into account, so it pays to look for the ads as you are shopping.  In addition you can contact each car insurance company who does business in your area and ask the customer service representative you speak to which factors the company uses to determine rates If the front line customer service representatives do not know which factors affect rates it may be necessary to speak to a supervisor, but it will definitely be worth your while to do so. By focusing on those companies that do not use your credit score you may be able to save hundreds of dollars a year on health insurance.

Some Tips for Successfully Appealing an Car Insurance Claim Denial

The whole purpose of car insurance is to protect you if something goes wrong, but in some cases car insurance companies go out of their way to reject even legitimate claims. While Larry Gelb, President and CEO of Care Counsel LLC, states that the environment is becoming more consumer oriented, there are still pitfalls along the way. Learning how to fight your car insurance company and get the coverage you pay for is still vital.

Know Where You Stand
Your first step should be to thoroughly review your car insurance policy thoroughly and be sure you understand exactly what is, and is not, covered by it. Review the list of covered procedures and make sure the claim you submitted meets the guidelines

Car Insurance Claim-1
Document Everything
Create detailed notes of every interaction with your doctor and with the car insurance company. Include as many details as possible, including the date and time of  each conversation, the name of the representative and what was said. It is helpful to keep this information in a word processing document-this will make it easier to search for specific information.

Be sure to make copies of all paperwork you receive from the hospital, doctor’s office and car insurance company. Keep this documentation in a safe place so you can refer to it later.

Turn to the Experts
Enlist the help of your doctor’s office in fighting the car insurance company denial. Some denials are simply the result of a typo on the submission form. The staff at your doctor’s office should be able to clear up these erroneous denials quickly. The office staff at your physician’s office can also provide you with valuable information about how each car insurance company works, including information about the appeal process.

Gather Your Information
Find the denial letter you received and review it for instructions on the appeal process Follow the appeal process laid out by your car insurance company. Failing to follow the proper procedures could result in the denial of your appeal. Be sure to send all backup documentation, including your notes detailing conversations with the car insurance company’s agents

Start the Ball Rolling
Contact the customer service department at the car insurance company if you have not heard anything within 5 to 7  business days. Make sure that the car insurance company received the appeal, and ask the status of that appeal.

By following these steps and documenting your every move, you can greatly increase the chances that your appeal will be decided in your favor. While not every claim will turn out the way you expect, new consumer laws and your own knowledge can combine to tilt the odds in your favor.