Car Insurance Deals

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.

With the BBC Weather forecast coming out to be true, UK has been hit with another of the impending issues pertaining to the insurance sector. It has been seen that after the hike in the insurance premiums, the admin fees, as well as the increasing number of accidents, the insurance sector now has to deal with a ghost of a forbidden past. With the snow and ice beating against the territories of Britain, there has been an increase in the accident insurance claims as per the report released by AA today. With uncertain driving conditions, more people have been falling prey to accidents and mishaps that has in turn made them come to their insurance companies for a timely rescue. It has been registered that about 70% of the accident claims in the recent days have been completely related to snow and ice. If you compare car insurance, you will find that the insurance sector has taken to the temperature of the existing season with every hints of an insurance premium hike.

It has been seen that the trend has continued throughout the winter years with the last year registering about £650 million being doled out by the insurance sector for the accident claims alone.

Full Article…

It is not easy to get an auto insurance quote for young drivers like teens and student drivers. The fact is that such drivers, with their inexperience behind the wheel along with their somewhat more reckless nature, are the cause of many accidents and also get more tickets than more mature drivers. Insurance companies know this, and they know that by insuring them, they are more likely to have to pay out on a claim than if they insure an older and more experienced driver. As you are calling around and getting quote after quote for the young driver in your house, you no doubt understand this fully or you are starting to understand it with each high quote you get back.

The honest truth is that you likely will never find an auto insurance quote for your young driver that is equivalent to your coverage price. Yet you also do not have to get robbed blind when you cover your young driver on a policy either. Full Article…

If you compare car insurance supermarket, you will find that there is a universal prejudice aimed at the younger drivers. The drivers aged 17-29 often find themselves in a troubled sector where not one of the insurance companies gives them a good insurance deal. If we look into the reasons behind this common behaviour, we shall be able to find out the causes why the insurance sector is eyeing the younger drivers for higher insurance premiums if at all they oblige. It has been seen that younger drivers often engage in troubled practices such as that of drunken driving, over speeding as well as rash driving. Given this scenario, it looks justified as to why younger drivers are often charged more premiums. For this very reason, there is a new campaign being launched and targeted solely at the younger men of t he age group of 17-29. This campaign focuses at the persistent offenders which will help in bringing down the number of accidents in UK along with the insurance claims.

The program will be launched through the radio stations as well as the internet.

Full Article…

Car insurance is generally affordable, but you can actually make it even more affordable by applying several basic money saving tips. In this article, we are going to discuss those money saving tips and learn more on how you can save more money on auto insurance premiums. Let’s get started, shall we?

First of all, always make sure you get car insurance prices online using the right online tool to help you. Not only will you be able to get quotes from multiple insurance companies quickly and easily, you can also get different special offers offered by top insurance companies. Bear in mind that these special offers are only available online, so searching for the right auto insurance quotes online is the best way to go.

If you already have a health insurance in force or if you plan on buying one as well, it would be best to get the car insurance coverage from the same company. You will be surprised to know just how much money you can save when you get both health and car insurance policies from the same company. I Full Article…

The majority of drivers behind the wheel drive faster than the posted speed limit signs, at least at one time or another. Whether you are running late, not paying attention to your speed or just love driving fast, you risk getting caught. No matter what your reason for speeding — if you are caught you will have to pay the consequences for your insurance.

While most speed demons don’t consider how driving fast can affect their insurance rate — it absolutely can and will. That’s right, in addition to having to pay for speeding tickets; you could also experience an increase in your auto insurance bill, as well. In fact, if a driver is caught excessively speeding, their auto insurance bill could actually double, even if it’s their very first offense.

If you are wondering why your insurance premium is subject to increase after just one speeding ticket, it’s because studies have shown that the faster you drive, the more deadly it can be. In addition Full Article…

An innovative new device can help drivers get cheap car insurance.  Jolie O’Dell’s article “Insurance Company Tracks Driver Responsibility With In-Car Device” on Yahoo!News describes the “Snapshot” program.  The device plugs into cars to track the responsibility of drivers.  If it shows that you are responsible, you can get up to 30% off of your car insurance premium.  Progressive auto insurance is offering this device in New York right now, but hopes to bring the program to other states soon.

Progressive monitors drivers for 30 days with the small device that plugs right into the diagnostic port in your car.  The “Snapshot” tracks what time of day you drive, how frequently you drive, if you make sudden stops, and other driving behaviors.  Drivers who drive less often or during the least busy driving times will get larger discounts off their car insurance premiums.  There is no GPS with the device so drivers don’t have to worry about being tracked or losing privacy.  This high-tech device may be used by other insurance companies in the future.

Many American states now require licensed drivers to possess auto insurance as part of being legally able to drive a vehicle. Even at that, some individuals may be confused as to what kind of coverage to buy and how their personal information influences the amount of their policies and their premium rates. Armed with this knowledge, people can make an informed decision prior to investing in an insurance policy.

When scrutinizing various types of coverage, a driver may take into consideration his or her vehicle. He or she might evaluate how much the car is driven, whether it is for recreation or for everyday driving such as to work or to school.

People who drive their vehicles to work or school everyday might decide to buy a full coverage policy. In the event of an accident, the policy owner will be assured that he or she, as well as the other driver if the circumstances deem it necessary, will be covered in expenses related to towing, car repair, and even car rental.

If the individual only rarely drives a car, the auto is of an older model, or that vehicle is used for recreation purposes, he or she might consider only buying a liability policy.

Full Article…

Would you walk into a car dealership and buy the first car you see? If the answer is no, then, you probably would not want to choose the first insurance company that offers you a policy, either. It’s important to check out what different insurance companies are offering, before you buy — which is something referred to as, auto insurance comparison.

Auto Insurance Comparison: Worth the Time?

Auto insurance comparisons are fast and simple. Therefore, comparing auto insurance is definitely worth the time it takes because they can be done online in a matter of minutes. There are several websites that offer rate quotes for several different insurance companies, which saves time rather than having to make a call to each company or visit each individual website for one quote. Most of these comparison sites also offer additional information such as, details about what the insurance plan will cover and any discounts that may be available to the consumer, as well.

Auto Insurance Comparison: Is it Worth the Hassle?

Most comparison websites should be hassle-free, as well — you should never feel pressured or “tricked” to purchase a policy when you get a free quote. Choosing Full Article…