:::

Antique Car Insurance Information

:::
 




:::

Antique Car Insurance Articles

:::

Determining How Much Auto Insurance Coverage You Need

By Matt McWilliams

The Three Basic parts to an Auto insurance Policy

1: Other Party:

Auto Insurance Bodily Injury (BI) Liability and Property Damage (PD) coverage is Legally required in most states today. (BI & PD) Most people understand that they need BI & PD, but they have no idea how to determine how much coverage they need.

Try this simple question: What if your car was involved in an auto accident tonight where heaven forbid, someone else was injured or killed? Remember, everything you own is in the back seat of the car with you and is at risk in a lawsuit! So, what do you think their family would sue you for? $15,000? $25,000? $100,000 or even maybe a Million dollars! Where would you get the money to pay them?

Perhaps the Equity in your Home would help? How about your Savings and/or Investments? You could even have up to 25% of your wages attached to pay the award in most states! Are you prepared to sacrifice everything you own to pay an award due to this accident? If not, read on for how to choose the auto insurance coverage you need.

2: You and Your Family:

Now let’s turn the above accident around. For some unfortunate reason, you or a loved one is the one who is injured or killed in an auto accident. Where would you get the money if the person who hit you did not have auto insurance or not enough auto insurance? Medical bills can be covered if you have health insurance. But health insurance doesn’t cover loss of life, pain & suffering or permanent disability.

Maybe you have a life insurance policy through your employer or your own individual life policy. Is the benefit amount sufficient to cover your family if your loved one is killed? But even if you have life insurance, what pays for the misery, the pain & suffering, maybe the fact you or a loved one can’t walk or use their arms again?

You might have a disability insurance policy through your work if you’re lucky or had good financial advice. But disability insurance doesn’t pay for loss of life, pain & suffering, permanent loss of your legs, arm or hand.

The only coverage that pays for these things is a part of an auto insurance policy known as Un/Under-insured motorist coverage. You can only buy as much coverage here as you have in Liability coverage. Your auto insurance agent should be able to help you determine the exact amount you need.

3: Your Car

Comprehensive and Collision Coverage are the third part of an auto insurance policy and are sometimes referred to as “Full coverage.” Basically the difference is this: If you run into the tree you are covered by Collision coverage. If the tree runs into you (hypothetically of course), then you are covered by comprehensive coverage. Comprehensive also covers broken windshields, fire, theft and vandalism. The higher deductible (risk) you take here, the lower the premium. Use the savings here to purchase higher limits in the coverages that protect your assets and your family.

The bottom line to determining proper auto insurance coverage is, of course, the money available in your household budget. An excellent place to start in determining the proper auto insurance coverage for your family is to meet with your local auto insurance agent.

Most cut-rate companies concern themselves with one thing only: Price. Tell them what coverage you have and they’ll see if they can give you the same coverage for less. You become the insurance professional. If this is the only need you have then that is ok. If not, you need to seek the advice of a professional to help you determine the proper amount of coverage you need and how best to accomplish it.

Review these tips for auto insurance coverage to make sure you have enough to protect your family.

Free Quote Antique Car Insurance - Turn 21 Today!


:::

Antique Car Insurance Featured Resources

:::


SEARCH RESULTS

Annuities: The Shocking Secrets Revealed
Discover The Shocking Secrets That Banks And Insurance Companies Don't Want You To Know.

Insurance Leads Generation
Generate Quality New Leads At A Fraction Of The Cost Of Offline Marketing.

Car Auction
From The Gov-Records.com Team!

State Car Auctions
Local Seized Cars and Real Estate Auction Listings


:::

Antique Car Insurance News

:::


Renting a car? Know whether your card adds insurance
Renting a car can put your credit card benefits into play, but only if you know what's covered and avoid the exclusions

Family?s anger as wife killer Malcolm Webster launches new appeal to clear name
WIFE killer Malcolm Webster has angered his victim?s family by launching a fresh attempt to clear his name.

Cecil business owners hope to rekindle car show tradition in Newark
NEWARK, Del. ? Looking out over the car show set up in the Newark Shopping Center parking lot on Saturday, Brandon Hollenbaugh was happy to see families checking out the hot-rods and antique cars.

A Soaring Market for Classic Cars
At the Bonhams Quail Lodge auction, nine Ferrari models set records, as did a Rolls-Royce once owned by Elvis Presley, and several Maseratis. Even a 1962 Austin Mini sold for a record $181,500. The we...

Windows to New Worlds
After 17 years of planning, fundraising, designing and building, the South Carolina State Museum?s new Windows To New Worlds project officially opens on Aug. 16. It includes a planetarium, 4D theater, observatory and an exciting and collaborative approach to education that can reach every school and give every student a chance to reach for the stars.

With $38 million Ferrari, classic car market revs up
Last year, two Manhattan condominiums sold for over $90 million and a Francis Bacon painting went for $142.4 million. Now comes the $38.1-million car.

Motorama Car Show a boon for North Adams
NORTH ADAMS -- Acres and acres of Corvettes, Mustangs, Ramblers, Corvairs and other muscle cars covered the downtown area on Sunday, for the fourth annual Motorama Car Show.

Antique residence destroyed by fire
An antique residence on South Elm Street was destroyed by fire Friday night, but Hope Fire Department firefighters were able to keep the fire from spreading to a nearby residence and business.

Dive into an array of biryanis at Biryani Festival
(MENAFN - Khaleej Times) The Antique Bazaar Biryani Festival will run from September 11-27 at Antique Bazaar Four Points by Sheraton Bank Street Bur Dubai.?Biryani was invent...

Nutson's Nuggets: Last Week's Automotive News and Opinion Aug 11-17, 2014
Auto Central Louisville, KY August 17, 2014; Each week Larry Nutson, Senior Editor, New York Bureau of The Auto Channel, along with Steve Purdy and Thom Cannell from The Auto Channel Michigan Bureau give you their "take" as easy to digest nuggets of the past week's automotive news.


:::

Antique Car Insurance Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com