Let's face it. You didn't buy your brand new Camaro or Mustang, porsche because you are a everyday person. You are a risk taker, a daredevil , and you enjoy driving fast and seeing what your high performance car can do.
The bad thing about auto insurance is this is where they make all there money.If you like you can't win the my blog will show you how to save a basic know how on sports car insurance.
First thing to remember is how sports car drivers are seen. Most companie see you as riskless, risksy, caereless even, compared to soccer moms and football dads. Sportscar drivers get more tickets and are involed in more accidents then any other type of driver.
Second thing to remember is higher performance car tend to be the target for theft and vandalism . We all can't afford the nicest car on the lot but the desire never goes away.
Thrid thing to remember is that 70% of sportscar drivers have money. I'm not saying they are rich , but the don't mind the maintence fee on there high end vechiles . To the risktakers it costs to be the boss.
Now let me show you how the boss can save some money on thier favorite toy.
Buy your insurance in a lump sum this can save you 5%.
Use one insurer for your car and home , this can save you 7% or more.
Install a antitheft car alarm system this can save you 5-10%.
All remember that the goal when driving a sportscar is to be safe when it
counts.
Saturday, July 30, 2011
Friday, July 29, 2011
Things to keep in mind once you have Auto Insurance
Keep a yearly policy: when you choose a policy , choose a yearly policy it will save money. Think about it if you have a six month policy and you get into an accident , when you renew you rates will go up .
Know your car mileage: when your insurance agent ask you how many miles do you have on your car it is an important ?. The amount of miles on your car places you in a class . As you guess it different class mine different policy prices.
Know what Comprehensive storage coverage: If you travel a lot or your planning to go on a long-term trip . The is less likely to be in a accident if stored away in your garage for months. Keep comprehensive insurance on the vehicle well you are away and saved some serious money.
Inquire about Multiple Car Discount: Did you know sometimes insuring two cars can be the same price as insuring one. If not the same price, insuring another car usually does not cost as much as you may assume. If you have multiple cars, it is wise to check with your insurance agent, while obtaining your online insurance quote, to make sure you can get this discount on your car insurance.
Affiliation Discounts : Most people didn't know that you can get discounts for being part of various organizations. The groups range from churches, credit unions, military, college sororities, college fraternity , even sir tent credit cards. Inquire about a list of the organizations from you insurer.
Defensive Driving Courses: I know as an adult you don't want to take a course like this, but it could benefit you in many different ways. Some companies give considerable discounts on car insurance for attending defensive driving courses. Check with your state insurance commissioner, insurance company or when obtaining an online insurance quote to see if you could qualify and to find out where to take courses.
Keep An Eye On Your Credit Rating: Another great tip to get cheap car insurance is to keep your credit clean!!!. A lot of insurance companies are checking your credit and basing your policy on what is found. Make sure you check to see if your credit is in good shape, and if it is not, you may want to seek out companies who do not do credit checks. Small insurance companies are less likely to do this , as there goal is to expand the company.
Know your car mileage: when your insurance agent ask you how many miles do you have on your car it is an important ?. The amount of miles on your car places you in a class . As you guess it different class mine different policy prices.
Know what Comprehensive storage coverage: If you travel a lot or your planning to go on a long-term trip . The is less likely to be in a accident if stored away in your garage for months. Keep comprehensive insurance on the vehicle well you are away and saved some serious money.
Inquire about Multiple Car Discount: Did you know sometimes insuring two cars can be the same price as insuring one. If not the same price, insuring another car usually does not cost as much as you may assume. If you have multiple cars, it is wise to check with your insurance agent, while obtaining your online insurance quote, to make sure you can get this discount on your car insurance.
Affiliation Discounts : Most people didn't know that you can get discounts for being part of various organizations. The groups range from churches, credit unions, military, college sororities, college fraternity , even sir tent credit cards. Inquire about a list of the organizations from you insurer.
Defensive Driving Courses: I know as an adult you don't want to take a course like this, but it could benefit you in many different ways. Some companies give considerable discounts on car insurance for attending defensive driving courses. Check with your state insurance commissioner, insurance company or when obtaining an online insurance quote to see if you could qualify and to find out where to take courses.
Keep An Eye On Your Credit Rating: Another great tip to get cheap car insurance is to keep your credit clean!!!. A lot of insurance companies are checking your credit and basing your policy on what is found. Make sure you check to see if your credit is in good shape, and if it is not, you may want to seek out companies who do not do credit checks. Small insurance companies are less likely to do this , as there goal is to expand the company.
Wednesday, July 27, 2011
Tuesday, July 19, 2011
Auto Insurance Basics
Auto Insurance Basics Made Easy
When dealing with Car Insurance , most people have misconceptions about the policies. Often most people think that one form of car insurance entitles them to all forms of coverage if or when involved in a serious accident. As a result most people feel like their insurance company is giving unnecessary hassle after the accident. It is best to become familiar with all forms of insurance so you don't spend extra money in legal fees. So i have taken the time to teach you the basics and a little more , that will help you choose what is best for you and your situation .
Types of Insurance
1. Liability Insurance - The form of car insurance covers the other party involved ,as far as bodily injuries. It also covers property damage which is a big factor in any car accident. Most if not all states require you to have a minimum of liability as soon as you become the owner of a vehicle .
2. Personal Injury protection- You may have personal injury protection, also known as PIP, included as part of your liability or no-fault policy. PIP covers expenses for anyone injured in your car because of an accident you cause. These expenses may include :
lost wages
Medical bills
Rental car costs
Caretaker expenses
3. Uninsured Motorist Insurance- Even though the law requires you to have car insurance, everyone does not play by the rules. Some drivers might not have the money for a down payment and will take the risks of driving UN insured. When you get in an accident with these kinds of people ,(UMI) has you covered and pays for the damages done.
4. Collision Coverage- This form of insurance pays for repairs in the event accident. Great form of insurance for sports car owners. I order to keep a low and reasonable deductible , raise the collision deductible . The deductible is the money you may have to pay out of pocket in order to start the repair process. It will seem like pennies depending on the damage done to the car. For most serious accident the deductible is the least of a drivers worries.
5. Comprehensive- This form of insurance covers you for non-collision damage such as:
Storm Damage
Vandalism- such as keying, paint scratches, etc.
Theft
Fire
6. Gap Coverage-This form of insurance is very important when leasing a vehicle . This insurance covers the balance between the market value& the amount left on the loan. The reason you would want this form of insurance if your leasing or paying a car note is , that when you get in an accident you insurance provider may max out the coverage on damages.
When dealing with Car Insurance , most people have misconceptions about the policies. Often most people think that one form of car insurance entitles them to all forms of coverage if or when involved in a serious accident. As a result most people feel like their insurance company is giving unnecessary hassle after the accident. It is best to become familiar with all forms of insurance so you don't spend extra money in legal fees. So i have taken the time to teach you the basics and a little more , that will help you choose what is best for you and your situation .
Types of Insurance
1. Liability Insurance - The form of car insurance covers the other party involved ,as far as bodily injuries. It also covers property damage which is a big factor in any car accident. Most if not all states require you to have a minimum of liability as soon as you become the owner of a vehicle .
2. Personal Injury protection- You may have personal injury protection, also known as PIP, included as part of your liability or no-fault policy. PIP covers expenses for anyone injured in your car because of an accident you cause. These expenses may include :
lost wages
Medical bills
Rental car costs
Caretaker expenses
3. Uninsured Motorist Insurance- Even though the law requires you to have car insurance, everyone does not play by the rules. Some drivers might not have the money for a down payment and will take the risks of driving UN insured. When you get in an accident with these kinds of people ,(UMI) has you covered and pays for the damages done.
4. Collision Coverage- This form of insurance pays for repairs in the event accident. Great form of insurance for sports car owners. I order to keep a low and reasonable deductible , raise the collision deductible . The deductible is the money you may have to pay out of pocket in order to start the repair process. It will seem like pennies depending on the damage done to the car. For most serious accident the deductible is the least of a drivers worries.
5. Comprehensive- This form of insurance covers you for non-collision damage such as:
Storm Damage
Vandalism- such as keying, paint scratches, etc.
Theft
Fire
6. Gap Coverage-This form of insurance is very important when leasing a vehicle . This insurance covers the balance between the market value& the amount left on the loan. The reason you would want this form of insurance if your leasing or paying a car note is , that when you get in an accident you insurance provider may max out the coverage on damages.
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