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…