:::

Cost of Car Insurance Information

:::
 




:::

Cost of Car Insurance Articles

:::

Understanding Different Types Of Auto Insurance

By Marcus Dubois

Auto Insurance policies can be divided into different categories according to the coverage they provide. Broadly speaking there are four kinds of policies known as Collision Insurance, Comprehensive Coverage Insurance, Uninsured and underinsured Motorist Coverage policies and No Fault Automobile Insurance policy. Besides these, there are policies that take care of other needs like covering an auto loan, paying for towing expenses or paying for the cost of a rented car while your vehicle is being repaired.

The most common insurance policies are:

Collision: Any property damage caused to your vehicle due to an accident caused by any other vehicle or object is covered under this policy. The claim amount cannot exceed the actual cash value of the vehicle and is subject to any deductible.

Comprehensive: Any property damage to your vehicle that is caused by non-collision factors like fire, theft, vandalism, and even natural disasters like flood, hurricane or earthquake is covered under this policy.

Uninsured Motorist Coverage (UM) and underinsured motorist (UIM) coverage: takes cares of any injury that may result to you or to persons insured in your policy from an accident that takes place with another uninsured or underinsured driver or vehicle owner. Generally only body injuries are covered under this policy.

No Fault Auto Insurance Policy: Irrespective of who caused the accident, the insurance company pays for the medical expenses and for the loss of wages that the insured suffers on account of a collision under this policy.

Some other additional coverage that an auto insurance policy holder can buy are:

Property Damage Liability and Bodily Injury Liability: These two policies protect the insured from any claims made against him for causing damage to property including vehicle belonging to another person or for causing any bodily injury or loss of life to other individuals up to the amount mentioned in the policy.

Auto Lease Protection: is an additional protection that you may add to your collision or comprehensive auto insurance policy to take care of any gap that exists between your auto loan amount and the cash value of your vehicle.

Full Tort and Limited Tort: available only in the state of Pennsylvania allows the insured to retain unrestricted rights to bring a lawsuit against a negligent party or recover expenses incurred for certain damages.

Rental Expense: Known as Extended Transportation Expense Coverage, the policy pays for a rental car while your vehicle is being repaired or replaced.

Medical Payments Insurance covers medical expenses for injuries sustained in an accident involving any vehicle for the insured, his passengers and other parties irrespective of whose fault it is.

Towing and Labor: An additional coverage option that can pay for all necessary towing and labor costs to tow your damaged vehicle to a work shop or another location.

Free Quote Cost of Car Insurance


:::

Cost of 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


:::

Cost of Car Insurance News

:::


Metro Denver has sixth-least expensive car insurance in the nation
The Denver metropolitan area has the sixth cheapest car insurance in the nation, according to a report released Thursday by insuranceQuotes.

Why Motor City is an Expensive Place to Drive
Detroit may have one of the lowest costs of living in the country, but its residents are paying 165 percent more for car insurance than the national average, according to a new analysis by InsuranceQuotes.com.  The average cost of car insurance nationwide was $797 in 2011 (the most recent data available), according to the National Association of Insurance Commissioners. Motor City residents pay ...

Want cheaper car insurance? Move here
An InsuranceQuotes.com report reveals the most and least expensive cities for car insurance in America.

Survey: Detroit Has Most Expensive Auto Insurance Rates In Nation
In the metro Detroit area, drivers pay a whopping 165 percent more than the national average for car insurance.

D.C. area among metro areas with least expensive car insurance
In a region where everything from gas to groceries seems more expensive, one thing is ranking among the least expensive in the nation: car insurance.

How Car Theft Affects Your Insurance Rates
See whether your car is on the latest list of most-stolen vehicles and how that might affect your premiums.

Keep Your Money Out of the Mattress: Investing for the Short Term
But stow that cash in the wrong place, and you'll be facing a different sort of emergency: losing money you thought was there. Beyond a few hundred or a thousand dollars in bills, it's not smart to build up a cash hoard at home, says Michael Guillemette, assistant professor of personal financial planning at the University of Missouri at Columbia. How would you prove it?" Guillemette says ...

Strategies to Pay for Retiree Health Care Costs
Plan ahead by including medical expenses as a line item in your retirement budget.

Government Accountability Office Says Arkansas? Private Option Not Budget-Neutral
LITTLE ROCK ? The U.S. Government Accountability Office is projecting that Arkansas? so-called private option will cost federal taxpayers $778 million more than expanding traditional Medicaid would have cost.

Where Not to Drive in the US: Car Rental Caveats and Other Travel Tips in Travel Intel
The high cost of car travel may not be in gas alone. Renting a car can mean explosive daily rates in some cities while remaining quite reasonable in others. Oddly, the latest tallies from car rental rate ...


:::

Cost of Car Insurance Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com