Most of the time, married individuals are considered a lower risk than a single person. In addition, it is often less expensive to insure two vehicles on one policy rather than two individual policies. However, if a new spouse has a lot of tickets, accidents or insurance claims, it is likely to increase the cost of covering your vehicles if you ask a company to write the policies together.
If two individuals who both have clean records get married they might save as much as $900-1,000 every year on coverage. However, if one has a less than stellar record, the savings quickly disappear. If the new spouse has a major violation, such as a DUI, the other party may lose his or her preferred status, causing the cost to increase even more. Only a few companies offer affordable coverage to high-risk drivers.
Whether you’re just starting off with your first car and need to get insurance for the first time, or you just want to change up from the company you’re with now, finding the right car insurance plan can be difficult. With so many different companies and plans to choose from, you may find it more than a bit challenging just trying to decide which way to turn, but with a few tips you should be well on your way.
The first step is learning more about the options you have available to you. Look around in your city and go online to see what car insurance companies you have to choose from. Then it’s a matter of taking time to do research on the different companies to learn more about them. You want to find out everything you can, because the more you know, the easier it is to make your final decision in the end.
In order to meet the legal requirements of your state and to ensure that your insurance policy covers most of the losses you may experience with your car, you will need to have an adequate car insurance coverage.
There are three main types of auto insurance coverages and these are liability, collision and comprehensive insurance. Liability insurance covers any injury or damage you may cause to third parties or their properties. Collision insurance covers when you collide with an object or a car, while comprehensive insurance covers losses you may experience that are different from collisions, for example theft, flood, fire and so on.
If you are like most drivers, after your rent or mortgage and car payment are made, your next list of major expenses each month is for insurance. Practically every location has financial responsibility laws that require drivers carry car insurance.
The good news is that carriers issuing these policies offer discounts for which you may qualify. These discounts can lower the cost of auto insurance considerably.
Different types of insurance usually protect consumers from certain risks. Auto insurance usually protects consumers from spending a lot of money in trying to solve accident related problems. In many states, driving an uninsured car is usually a serious offense. Thus, if you are thinking of skipping out on auto insurance, you should think again. There are many car insurance discounts in place that will help you lower your bill. Continue reading