Can I Find Auto Insurance Coverage After Being Dropped by the Company

Drivers who have been advised that their policy is being cancelled or not renewed may be wondering, “Can I find auto insurance coverage after being dropped by the company?” It is not the best situation for a policyholder to find him or herself in, but it doesn’t mean that the situation is hopeless. When an auto insurance policy is canceled or not renewed, the driver may be placed into a high-risk category for coverage purposes. Some companies will not agree to provide coverage to drivers in this category at all, while others will write a policy but charge higher premium…

Does Homeowners’ Insurance Cover Auto Theft

Someone who has had his or her car stolen may be wondering about the answer to the question, “Does homeowners’ insurance cover auto theft?”. The homeowners’ policy does provide some protection, but not for the vehicle itself. A policyholder can make a claim for the loss of items in the vehicle at the time it was stolen under his or her home insurance policy, but the vehicle itself is covered under the auto insurance policy. If a vehicle is stolen, the owner may need to make two insurance claims. The first one would be to the issuer of the auto…

Auto Insurance for Totaled Car: Will My Loan Get Paid Off?

Drivers who have physical damage coverage on the vehicle may be wondering how auto insurance for totaled car works, especially if they took out a loan to finance the vehicle and they are still making payments on it. The insurance company provides coverage for the vehicles cash value only, not the cars replacement value or how much the owner paid for it initially. Since the cash value of the vehicle depreciates immediately when it is driven off the dealer’s lot, it is unlikely that the full amount of the loan will be paid off by the owner’s auto insurance company….

Where Can I Find Auto Insurance for Low Income Drivers

With a number of consumers struggling with tight budgets, finding auto insurance for low income drivers can prove challenging. Driving without at least the minimum level of coverage required by law is not advisable, since it can lead to civil penalties such as drivers license and/or vehicle registration suspension. Someone who is caught driving without insurance coverage may also be required to pay fine or have other penalties imposed on him or her by the court. Low-income drivers need to be creative about finding affordable auto insurance coverage, since their premium costs represent a higher percentage of their income then…

How Can I Find Non-owner’s Car Insurance

If you are planning to rent or borrow a vehicle, you will want to find non-owner’s car insurance coverage. This type of insurance plan provides liability protection in case the driver is involved in an at fault accident and protects him or her from having to pay for damages personally. Non-owner’s car insurance pays out on claims for personal injuries and property damage made by the other driver involved in an accident, as well as claims made by his or her passengers.It does not provide collision or comprehensive coverage for the vehicle. This type of insurance also does not pay…

What Should I Do if my Auto Insurance Claim was Denied

Most people pay their auto insurance premiums and trust that the coverage they are paying for will be in place if they ever have a loss. When a driver contacts the insurance company to report a loss, the question, “What should I do if my auto insurance claim is denied?” is probably not one which immediately comes to mind. The first thing a driver should do if his or her auto insurance claim is denied is to request that the insurance company send out an official denial letter. It will contain the reason the claim is being denied, and this…

What Does Uninsured Motorist Auto Insurance Cover

When drivers are considering what type of insurance they need, the question of “What does uninsured motorist auto insurance cover?” is an important one. This type of coverage is not required in all states, but it is a good idea for drivers to add it onto a policy when they are arranging for coverage. Uninsured motorist auto insurance pays for damages caused by a driver who doesn’t have coverage. It also pays out when a hit and run accident has occurred, since the person responsible for causing damages cannot be identified. This part of the policy also pays out when…

How Do I Choose an Auto Insurance Deductible

All consumer interested in buying coverage will need to choose an auto insurance deductible. This is the amount that a policyholder agrees to pay him or herself. Auto insurance providers offer policies with deductibles at varying levels, ranging from $100-$1,000, depending on the state where the policy was issued. When an accident causing physical damage to the vehicle occurs, the insurance company will pay for it, up to the amount of coverage listed on the policy. The policyholder is responsible for paying the policy deductible, and this amount is deducted from the insurance company’s portion. If the damage caused in…