:::

Car Insurance Minneapolis Information

:::
 




:::

Car Insurance Minneapolis Articles

:::

Understanding Your Auto Insurance

By Tom McKnight

Reading auto insurance policies can be like trying to decipher advanced calculus. It's really not that difficult if you understand a few basic terms. Collision, Comprehensive, Bodily Injury Liability and Property Injury Liability are the main terms you need to fully understand.

You'll appreciate Collision Coverage in the event you need repairs or replacements if your vehicle collides with another vehicle or property. The higher the deductible you elect, the lower your premiums will cost you. If you're at fault for something, well of course it would still be an accident, as I doubt you'd plan to run into that guard rail, but how much would you be able to afford to pay out of pocket for repairs? $250? $500? $1,000? Just like medical insurance, you'd have to pay that deductible amount first and then the insurance company would pay for the remaining charges for the repair.

Another term to become intimately familiar with is Comprehensive Coverage. This is the coverage that pays for damage caused from falling objects, fire, certain natural disasters, theft and vandalism. Deductibles work the same way as with Collision; the more out of pocket costs to you, the less your insurance premium.

In addition to knowing how much Collision and Comprehensive coverage you have, you'll want to know about your liability coverage. Let's say you rear-end another driver. Or your foot slips off the brake onto the gas pedal and you plow down a mailbox. Your liability coverage will kick in and pay for the damages that you caused with your insured vehicle. You liability coverage will, or could, include bodily injury (people) and property damage.

You don't want to go without Bodily Injury Coverage. If you were at fault in an accident and others involved needed to go to the hospital and/or lost wages from missing work, those costs would come out of your pocket if you are not insured with Bodily Injury Coverage. It doesn't take a genius to know how quickly those amounts can add up. This type of coverage can also help you in the event the other party takes legal action against you. Many states require you to carry Bodily Injury Coverage.

The other part of liability includes Property Damage coverage. Can you imagine how much it might cost should you accidentally drive into the side of someone's home? You wouldn't want to be caught without property damage insurance should you need to pay for repairs to another vehicle, building or anything else you might hit. As with Bodily Injury coverage, Property Damage coverage also helps protect you in the event of a related lawsuit.

Every policy will have its limits and various degrees of coverage. It's important that you understand the basics of what you are paying for and why it is necessary. No one plans for an accident, be prepared!

Free Quote Car Insurance Minneapolis


:::

Car Insurance Minneapolis 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


:::

Car Insurance Minneapolis News

:::


Detroit Tops U.S. In Car Insurance Costs
Detroit isn't just the car capital of the U.S. ? it's also the king of car-insurance costs. According to insuranceQuotes.com, a subsidiary of finance-info provider Bankrate Insurance, the Motor City and its metropolitan area lay claim to the dubious distinction...

ProgressiveŽ Insurance Teams Up with Zubie to Reward Safe Drivers
Progressive and Zubie are collaborating on an industry-first telematics solution to deliver savings to consumers for their safe driving. Customers of Zubie?s connected car service can now earn discounts on their auto insurance from leading usage-based insurance provider, Progressive.

Good Question: How Long Should Car Seats And Bike Helmets Last?
We all know why food has expiration dates, but did you know car seats and bike helmets do as well? After Heather from Richmond had a baby, she saw the date on her car seat and wanted to know what it means.

Victim of a Hit-and-Run? 5 First Steps to Consider
You've been involved in a hit-and-run accident. So what should you do? Unfortunately, hit-and-run car accidents are all too common. Last week, a Minneapolis man was left in the middle of a downtown street with serious injuries after witnesses say a car appeared to deliberately hit him then speed away, the Star Tribune reported.

'Not once have I ever stole'
ARMED with envelopes full of receipts, ousted Southern grand chief Murray Clearsky said he always planned to repay personal travel and truck repair expenses, but that a politically motivated scandal engulfed him before he could. "I'll admit to some of them but not all," said Clearsky of the

Battle between Lyft, Uber, and PTC means bumpy ride for consumers
Many Bay Area commuters are choosing Uber and Lyft over "old school" taxi cabs. But the Public Transportation Commission has not been so welcoming. It's a three-way battle that's getting messy.

Economic Activity Expands In All Fed Districts
The Federal Reserve just released its latest...

Victims of Eden Prairie Ponzi scheme fill courtroom
Sean Meadows, of Eden Prairie, is accused of stealing more than $10 million through a Ponzi scheme, and when he made his first court appearance, he had plenty of company.

Business news in brief
Members of the Korean Financial Industry Union attend a rally in Mokdong Stadium during a strike in Seoul, South Korea. The strike is the first for the entire industry since July 2000, when Korean banks were reeling from the Asian financial crisis.

Business Highlights
Recline rancour: Passenger recalls seat dispute


:::

Car Insurance Minneapolis Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com