Auto insurance, reduce costs but maintain protection, 7/18/2011, 10:00 am
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Reminder from: locost Yahoo! Group Title: Auto insurance, reduce costs but maintain protection Date: Monday July 18, 2011 Time: 10:00 am - 11:00 am Repeats: This event repeats every day. Notes: Auto insurance is a legal requirement in every US state and Canadian province. Costs are continuing to rise. How can you reduce some of these expenses and still get the best coverage?
First, get multiple quotes from the Internet and your neighborhood broker. You can shop for different types of quotes from a direct-sell insurance companies and offline and online brokers.
Auto insurance that is cheapest isn’t always the smartest move. Ask yourself, is the company financially secure? Are they reputable and will they pay out if you have to make a claim.
The first piece of the policy is almost always liability insurance. If you only have minimum liability coverage and you injure someone, their attorney can go after your personal assets. Many insurers feel that minimum liability is a gamble. In fact, that is why it is often only a little more money for more protection.
Auto insurance varies on car types. Coverage for a sports car is very different from insuring the family sedan or mini-van.
If you are looking to buy a car, consider buying a car that "looks good" to insurance companies. For instance, insurance companies know what kinds of cars are prone to problems. They also know what kinds of cars are most often stolen. If you haven't purchased your car yet, find out what cars make this "good list" among auto insurers.
Consider how much coverage you really need to buy and the price each of these coverages will pay. Think about collision and comprehensive coverage, which is how much you will be reimbursed for the loss or destruction of your vehicle. Are you carrying $30,000 worth of collision coverage for a $12,000 vehicle?
If your car was totaled, would you be able to afford to replace it? If not, you will want comprehensive and collision coverage.... Read More...
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- View SourceAt 06:41 PM 7/17/2011, you wrote:
>Reminder from: <http://groups.yahoo.com/group/locost/cal>locost Yahoo! GroupPlease god no! Say it isn't so. If I get one of those every day I'll
>Title: Auto insurance, reduce costs but maintain protection
>Date: Monday July 18, 2011
>Time: 10:00 am - 11:00 am
>Repeats: This event repeats every day.
Abbotsford, BC, Canada
2001 PT Cruiser
83 450 Honda Nighthawk
78 F350 460/C6 on propane
71 Bronco 302/C4/D20 D44/9"
Some people try to turn back their odometers. Not me, I want people
to know "why" I look this way. I've traveled a long way and some of
the roads weren't paved.
"If you can't take the heat, don't tickle the dragon."
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