Posts Tagged ‘Rhode Island auto insurance’

Rhode Island Mandatory Auto Insurance Coverage Requirements

Thursday, July 28th, 2011

Under Rhode Island state law, drivers must comply with mandatory auto insurance coverage requirements to stay legal. Third party liability protection is required in this tort state. It pays for injuries and damages suffered by the occupants of the other vehicle when an at-fault accident occurs.

The minimum amount of bodily injury liability coverage required by law is $25,000 to compensate one person injured or killed in an accident, and $50,000 to pay for all injuries and deaths stemming from the same accident. This part of the policy pays for medical and rehabilitation expenses; it also provides a funeral benefit in the case of a fatal accident.

At least $25,000 in property damage liability protection must also be put in place under state law. This part of the policy pays for repairs to the other driver’s vehicle following the accident, as well as the cost of repairing public property, such as fences, guard rails, sign posts and light stands.

Even though the state has set minimum coverage requirements for Rhode Island drivers, it doesn’t mean they are limited to this level of protection. A car insurance buyer can choose to buy a policy with a higher level of protection, if he or she wishes to do so. This is an excellent strategy, since the damages caused in a serious accident can easily add up to more than the minimum level of liability coverage required by law. To avoid being personally responsible for paying for damages, drivers should consider a policy with a higher coverage limit.

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Posted in Rhode Island, USA |

RI Car Insurance Comparisons Help Drivers Save Money

Thursday, June 16th, 2011

Before choosing a provider, savvy RI drivers take the time to perform car insurance comparisons. Each company has something different to offer consumers, and considering the options carefully allows the buyer to find the one that will provide the policy terms he or she is looking for at an affordable price.

Taking the time to consider a number of insurance companies may seem like a daunting task, but going online to research options is an effective way to gather information quickly and easily. A buyer who wants to learn about the companies themselves before requesting a quote can conduct an online search for “Rhode Island car insurance” and click through the results to find companies that he or she thinks may be a good fit.

Getting a quote for coverage online is a relatively simple matter. In many cases, the customer need only fill out an online form and answer a few questions to find out how much the company would charge to issue a policy. The customer will be asked where he or she is located (zip code) and what type of vehicle he or she wants to insure. The insurance company will also want to get some information about the customer’s driving history. Someone who has been involved in one or more at-fault accidents in the past few years will pay more for coverage than a consumer who has a clean driving record.

By taking the time to check out RI car insurance comparisons, consumers can find the right type and level of protection for their needs.

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Posted in Rhode Island, USA |

Find the Cheapest Auto Insurance in RI

Sunday, May 22nd, 2011

If you are looking for the cheapest auto insurance in RI, be prepared to make some changes to your coverage. Start by reviewing the coverage you currently have in place to determine whether it is adequate or you need to make some changes.

In a case where you are driving an older model vehicle that has been paid off in full, consider changing the physical damage portion of the policy to limit the protection to fire and theft only for comprehensive coverage and dropping the collision coverage entirely. Both of them pay out based on the car’s cash value and as it continues to depreciate, the owner is making a level payment for protection that continues to shrink over time.

Shopping around and getting quotes from several providers is a must for people who want to find low-cost car insurance coverage. Rates can vary significantly between providers, even for the same type and level of protection, and comparing prices from different ones will help a driver find the affordable coverage he or she is looking for.

Going online to shop for car insurance coverage is a great strategy for people who want to keep their insurance costs down.  Not only is it an easy and convenient way to find coverage, but it may even be less expensive than working with an agent. Car insurance companies may offer preferred rates to customers who buy online, which makes it worthwhile to look for coverage in this manner.

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Posted in Cheap Auto Insurance, Rhode Island, USA |

How to Get Cheaper Car Insurance in Rhode Island

Wednesday, April 27th, 2011

If you want to get cheaper car insurance in Rhode Island, start by reviewing your existing coverage. Go through the policy documents carefully to make sure that your coverage does not include any extras.

Choosing to increase your policy deductible is another way to keep car insurance costs down. When an insurance buyer agrees to pay more toward the cost of settling a claim personally, the insurance company is assuming a lower level of risk and can charge lower premium rates. Before making the decision to increase the deductible, the policyholder should consider his or her financial situation very carefully. Keeping rates down is an attractive concept, but not if the deductible is at a level that will cause the policyholder financial hardship if he or she has an incident with the car.

Policyholders should make a point of reviewing their RI car insurance coverage at least once a year. This procedure should be performed a couple of months before the existing policy is up for renewal to allow the driver to make note of the type and level of coverage that he or she currently has in place and to shop around to get pricing from other providers.

If a driver finds a company that can provide better rates for the level of protection he or she needs, the new policy should be purchased before the old one is canceled to avoid a lapse in coverage.

 

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Posted in Cheap Auto Insurance, Rhode Island, USA |

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