You probably know that a lapse in insurance coverage is likely to cause an increase in your future premiums. This is especially true if you don’t do anything to mitigate the impact of the lapse. Therefore, the next time you realize you have a lapse in insurance coverage, take these measures to keep your rates reasonable: Act First and Contact Your Insurer The first tip is to act as soon as you realize your coverage has lapsed. Read More»
If you own a vehicle that you put in storage throughout the winter, you might be wondering if you should remove the vehicle from your auto insurance policy once it’s in storage. After all, it’s reasonable to assume that if you aren’t driving the vehicle, you won’t need to maintain auto insurance for it. However, removing a vehicle from your insurance policy for several months isn’t just as simple as calling your insurance company and having it deleted from your policy. Read More»
You may not be aware that when applying for auto insurance that the agent is also taking a look at your personal credit score. It plays a part in what your premiums ultimately end up being in the end. Here is what you need to know about how insurance and credit scores relate. Why Does Your Credit Score Matter? The way that insurance companies determine premiums is by determining how big of a risk you are when it comes to driving. Read More»
Insuring your car is a critical task if you plan on driving on public roads. Even a seemingly minor auto accident can result in sizable expenses in the forms of medical bills and damage to the cars. Unfortunately, some fairly simple oversights can inhibit you from getting the most from your auto insurance policy. In addition to causing you to potentially overpay for your coverage, you may not be adequately covered. Read More»
You need to have car insurance in order to drive; in almost every state this is the law, but this insurance is for car accidents. You can also buy insurance to cover the cost of repairing your car or for specific parts, as with auto powertrain coverage. Most people are familiar with this type of insurance in the form of an extended warranty because it is often offered by a dealership selling new cars; however, an extended warranty falls short of the benefits of breakdown insurance coverage. Read More»