Your insurance company can't require you to use only certain kinds of auto repair parts. However, if the insurance company's rates are based on a certain type of part and you want something different, it can ask you to pay the difference if the part you want is more expensive.The parts most frequently damaged in auto accidents are "crash parts". These...
Tuesday, December 11, 2007
How are the value of my car and the cost of repair determined?
There are several standard guidelines for determining the value of your car for insurance purposes. You and your insurer can refer to one of the books that list the depreciated value of all new and used cars. One of these books is published by the National Association of Automobile Dealers another is published by Kelley Blue Book.When you file your...
How do I file a claim?
To file a claim, follow these steps:Call your insurance agent as soon as possible, regardless of who is at fault. Find out whether you're covered for this loss. Even if the accident appears minor, it is important that you let your insurance company know about the incident. Ask your agent or company representative how to proceed and what forms or documents...
Will my insurance cover a rental car after an accident?
Many drivers don't think about their insurance coverage until after they have an accident and call their insurance company to file a claim to help pay for car repairs, a rental car and other expenses. Unfortunately, many insured drivers are surprised to find out that their auto insurance does not automatically cover the cost of a replacement rental...
What information do I need to give to my agent or company?
Your agent will ask you what make and model cars you own, roughly how many miles you drive each year, and what kind of liability coverage you will need. The agent will also want to know how many people drive the cars, how old the drivers are, where you live, and driving records of each household member.The agent will then ask more detailed questions...
What information do I need to give to my agent or company?
Your agent will ask you what make and model cars you own, roughly how many miles you drive each year, and what kind of liability coverage you will need. The agent will also want to know how many people drive the cars, how old the drivers are, where you live, and driving records of each household member.The agent will then ask more detailed questions...
AUTO INSURANCE INFORMATION
What determines the price of my policy? There are many factors that influence the price you pay for auto insurance. The average American driver spends about $850 a year. Your premium may be higher or lower, depending on:Your driving record.The better your record, the lower your premium. If you've had accidents or serious traffic violations, you will...
How do I choose an insurance company?
There are many insurance companies, so choosing between them can be a challenge. Here are the main points to keep in mind when selecting an insurance company:LicensingNot every company is licensed to operate in each state. As a general rule, you should buy from a company licensed in your state, because then can you rely on your state insurance department...
Is there a difference between cancellation and nonrenewal?
There is a big difference between an insurance company canceling a policy and choosing not to renew it. Insurance companies cannot cancel a policy that has been in force for more than 60 days except when:You fail to pay the premiumYou have committed fraud or made serious misrepresentations on your applicationYour driver's license has been revoked or...
Top things that will affect your car insurance premium
Here are the top things that will affect how much money your car insurance is costing you:Your driving recordIf you have a bad driving record you are going to be putting out more money for your car insurance each month. The longer you go without having an accident the lower your car insurance rate will get.Want to put more people on your policy?Adding...
Why does your car insurance cost what it does?
The cost of car insurance doe not seem even a little bit fair these days does it? Nope. It seem so random, you will find that it differs from person to person, even if they drive the same car? How is that possible? Car insurance should cost the same for everyone right?Wrong. Why should those with good clean driving records pay the same amount of money...
Car Insurance - Section Home
Car Insurance typically called Auto Insurance protects the policy owner against financial damages in case of an accident. Accidents big and small happen each day right from a small stone hitting your windshield to a massive rollover which gives your car the status of being totaled. There are many components you need to understand about your Car Insurance...
Insurance
There are two types of Insurance - Personal Insurance and Commercial Insurance. Personal Insurance are contracts that protect individuals and families from losses due to unexpected events. Commercial Insurance is purchased for businesses to protect their assets and various enterprises. The following index takes you to more specific sections or portals....
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