Auto Insurance Tips: Mechanical Breakdown Coverage

Failing to plan for mechanical breakdowns is one of the quickest ways to find yourself in dire financial straits. While most of us purchase auto insurance to protect ourselves from a calamity, you will still want to consider mechanical breakdown insurance through your car insurer, dealer, bank or credit union. A standard auto insurance policy does not cover wear-and-tear maintenance should you need new major repair work. What Does Mechanical Breakdown Insurance Cover? You will need to save money on the side to cover wear-and-tear repairs like: Transmission Brakes & Rotors Engine Parts (Oil Pump, Pistons, Timing Gears, Flywheel, Valves) Drive Axles & Joints…

Auto Insurance Claims Adjuster Advice

You may feel as though the auto insurance claims adjuster has arrived on the scene to act as your own personal lawyer. “Here is someone who has my best interests at heart because I’m the client,” you may think. It’s not that a claims adjuster is a crook, but keep in mind that this person’s job is to settle the case as quickly and affordably as possible. It’s up to you to ensure you get a fair deal. Rule #1: Say As Little As Possible. Talking too much is the biggest mistake people make. Drivers who’ve just been involved in an…

Choosing The Right Auto Insurance Deductible

What deductible would you like — $250, $500, $1,000, $1,500? You’ll notice that is one of the questions we ask you when you’re looking up a free auto insurance quote online. Your answer to this question could save you as much as 40 percent, according to the Insurance Information Institute. By assuming more risk, you stand to save a lot. What Is A Deductible? In the world of auto insurance, a “deductible” refers to how much money you are willing to pay, should you get into an  accident. The deductible is the amount you pay before your insurance protection kicks in. So, if you rear-ended…

Getting Low Auto Insurance Rate For A New Car

Most people understand that buying a new car will be a big investment, since they will be saddled with a new car payment bill each month. But did you know that your auto insurance bill will likely go up considerably as well? You would think that a new car would be cheaper to insure, since it comes with more safety features — but it is also more expensive to replace should it get hit or stolen. Here are a few tips for finding reasonable auto insurance rates on your new ride. Safety Features No matter which vehicle you decide upon, look for car…

Auto Insurance & The Blame Game

Deciding who is at-fault is all part of the circus in deciding whose auto insurance company will pay for an accident. In a rear-end collision, the vehicle making impact is typically deemed fully responsible. Yet, most claims are not so straight-forward. Once a loss is reported, both companies will need to conduct a full investigation. How Are Investigations Handled? Two separate investigations are made — even if both drivers have the same auto insurance provider. The drivers, passengers and witnesses will be interviewed. Investigators may visit the scene of the crash, review police accident reports and examine the damage done to both vehicles….

Hey, Low Risk Driver: Are You Paying Too Much For Auto Insurance?

AAA’s annual Your Driving Costs brochure found that a low-risk driver with a clean driving record can expect to pay $1,001 a year for insurance on a sedan this year. This week, the Consumer Federation of America found that moderate-income individuals with clean driving records were being quoted high rates for minimum liability auto insurance coverage. How Much Are We Paying For Auto Insurance? According to the CFA, four companies — State Farm, Allstate, Progressive and GEICO — have 48 percent of the car insurance industry nationwide. In their research, they looked up what a 27-year-old male laborer and a 35-year-old female…

Auto Insurance News: Big Brother Is Watching UK Drivers

Drones, surveillance cameras, satellites and tracking devices are nothing new. Yet, many motorists hate the idea that the government could be using these tools to spy on its own citizens. That is exactly what’s happening in the UK right now. The Plan This spring, the British Government announced a proposal to use a license recognition program on the cameras to cross-reference the plates with a list of drivers who have auto insurance and updated registration documents in order. Anyone found driving without these two things would be unable to pump gas and local authorities would be alerted. The idea is: if…

Theft Drives Up Auto Insurance Rates in Washington State

Washington state is a hotbed for auto thefts, according to National Insurance Crime Bureau statistics. Even though there has been a 1.6 percent decline in auto thefts since last year, Spokane is still fourth-highest in the nation for auto theft rates again. Yakima jumped five places from the 10th spot to the 5th. The Seattle-Tacoma-Bellevue area is responsible for 54 percent of all stolen vehicles in the nation — up 18 percent since 2009. This is bad news for Washington consumers    who are looking for affordable auto insurance rates. How Many Vehicles Are Stolen In Washington? Last year, 28,833 vehicles were…