Auto Insurance Secrets

Archive for the ‘advice’ Category

Rates on your auto insurance quotes for your motorcycle have many determining factors.  Some of these include the type of motorcycle you drive, your experience with driving a motorcycle and your driving history. Another thing insurance companies consider when calculating your quote is what type of training you have had in driving a motorcycle.  DMV’s and other safety classes offer classes that educate you on the particulars of driving a motorcycle.  Having this type of course under your belt may lower your auto insurance quotes.  It’s important to keep any certificates you may receive to prove your class registration. Many auto insurance companies offer motorcycle insurance, including Dairyland Insurance, which is a subsidiary of Sentry Insurance, a parent company.  They specialize in motorcycle insurance as well as other forms of non-standard auto insurance protection.  They have been rated very strong by Standard and Poors for the last 5 years for their excellent business.  About 20% of their customers live in Florida but they are licensed in many states.

Allstate Auto Insurance recently gathered data that showed an increase in Texas auto insurance claims for hit pedestrians during the week of Halloween.  This is according to the article “Texas Pedestrian Accidents Jump 23% During Halloween” by Kristen Beaman for Allstate found on reuters.com.

Allstate looked at claims in Texas over the last 5 years and found a large jump in accidents around trick or treating.  Last year, Allstate claims more than doubled over the Halloween week compared with the rest of 2008.  Their data matches up with a report from the Insurance Institute for Highway Safety which showed that October 31 is the 2nd highest day of the year for pedestrian deaths.  The first is Fourth of July.  With Halloween falling on a weekend this year, there may be more people out than normal so it’s crucial that drivers are extra careful.

The article offers some important tips to follow while out on the road, especially at night when pedestrians are out.  Never drink and drive.  A designated driver should always be assigned before heading out for the evening.  Texting while driving can be very dangerous so keep your phone in your pocket until you can pull over to text or make a call.  As a pedestrian, it’s a good idea to avoid texting while walking.  Anything that takes your eyes off the road can be very dangerous.  Not only will following these steps make you a safer driver but it may eventually lower your car insurance quotes.

According to the article “Additional Auto Insurance May Not Be Needed For Rental Cars” by Lawrence Shipman on usinsuranceonline.com, rental cars have auto insurance through the state of Minnesota.

Auto insurance to cover a rental car can be up to $10-$15 per day.  This is a lot of money, especially if you are renting the car for an extended period of time.  That’s why it’s important to understand what type of coverage you have through the state of Minnesota and Minnesota auto insurance.  The minimum coverage for covering a rental car in the state is $35,000.  This is probably plenty to cover the car you are driving but the only thing to consider is that if you wreck multiple cars it could end up costing you more.

You will also want to check with your personal auto insurance policy to see if there is any additional coverage for rental cars.  When you are shopping around for Minnesota auto insurance quotes you can ask if there are any policies that offer such a benefit before making a purchase.  The Insurance Information Institute says consumers are usually covered when they rent a car.

Taxi auto insurance is extremely important for taxi drivers who want to financially protect themselves and their business.  According to the article “Taxi Drivers Can Protect Business With Taxi Insurance” from Insurance Agents Press Release on 1888pressrelease.com, taxi insurance is the only policy that’s designed to protect the taxi company.

The article points out that over 2 million passengers are injured in the taxi industry which is why it’s so crucial for these drivers to have coverage.  Taxi insurance provides options that are specifically designed for taxi cabs.  Liability coverage is available which protects the taxi company, the driver, as well as the taxi company’s assets.  Comprehensive coverage is also available which protects in case of vandalism, theft, fire or other damages that may be caused by an accident.

To qualify for a taxi insurance policy companies must have taxis that function as fare based and that keep up with maintenance.  Drivers must be between the ages of 25 and 65 and they need more than 2 years of driving experience in the US and have a current, valid driver license.  You can receive taxi auto insurance quotes online or contact an insurance agent.

According to the article “Pay-as-you-drive auto insurance gets green light” by Kelly Johnson from msn.com, California Insurance Commissioner Steve Poizner announced Friday that the state Office of Administration Law has passed regulations which allow auto insurance companies to base rates on how much drivers drive and they are now in effect.

Poizner opposed the pay-as-you-drive regulation a year ago, but now he believes it’s an innovative way to give California drivers rewards for driving less.  This will ultimately lead to lower auto insurance, less air pollution and eventually less dependence on foreign oil.

The Association of California Insurance Companies supports the new regulation calling it “pro-consumer”.  The new regulation will give auto insurance companies and drivers an additional tool to assure that auto insurance rates reflect the driver’s actual risk of getting into an accident and filing a claim.  Insurers will have the option to offer estimated mileage, but they will now also have the option to offer verified mileage plans.

According to the article “The Effects of a DUI on Car Insurance Quotes” by insuranceagents.com, auto insurance quotes can skyrocket after a Driving Under the Influence violation is on your record.

Not only will a DUI on your record cause your auto insurance quotes to increase, but your license may be suspended and your current auto insurance policy may be cancelled, leaving you in a tough spot to find new auto insurance fast. 

There is a zero tolerance for drinking and driving in the United States because of how terribly dangerous it is to the driver, passengers and other people driving on the road.  Not only are you putting lives at risk if you drink and drive, but you are setting yourself up for a potentially very expensive road as well as possible jail time.