How much is car insurance?

Your car insurance is a collection of different strategies that you encounter in different ways. Here's how they break down:

• Liability Insurance - These policies contribute to cover liabilities and expenses when you are struggling to accident insurance. The money is for the people you go to hit, but it is not for the people in your car.

• Bodily Injury Liability (BIL) - This policy covers medical expenses of those injured in an accident in which you are wrong. You will often see the BIL policy described as "20/50" policy or "100/300" policy. These figures describe the maximum amount of money the policy for a single person, the maximum for all injuries and injuries by paying all occupants of other cars. For example, a policy 20/50 up to $ 20,000 for a single person will pay for injuries, and up to $ 50,000 total for injuries by everyone in the car you hit.

• damage liability - This policy pays for damage to another car if you are to blame for the accident. Responsibility of property plus BIL is sometimes called the third number, so that the liability package covers 20/50/10 to $ 10,000 for injury to the other car.



The following policies cover you and your card in an accident:
• Protection against personal injury (PIP) - This will affect you and your passengers medical expenses after an accident. If you lose time from work because of your injuries, whether the policy on lost wages.

• uninsured / underinsured motorist protection against insured - This helps cover the cost if you are hit by someone without insurance or minimal coverage.

• Collision - This insurance covers repairs to your car after an accident.

• Comprehensive - This insurance covers the costs if your vehicle is stolen or damaged beyond an accident.

Almost all states require car owners to purchase auto insurance, and most states have minimum values ​​for the different policy areas required. If you do not carry insurance, the government can confiscate your vehicle. To find out what your state minimum, check out this site.

Minimum coverage is not necessarily everything you have. New Jersey, for example, requires car owners carry a 15/30/5 liability package. If you are involved in a serious accident, it is possible that an individual medical costs could exceed $ 15 000, or group of expenses could amount to more than $ 30,000. Furthermore, no $ 5,000 for car repairs, it is much when you consider that the average car now costs just over $ 20,000.

You are on the hook, if not exceed the cost of your coverage. So many people opt for a policy that requires more than the minimum coverage, particularly if the assets that are taken for medical care and repair may have to pay.

A good rule of thumb: Make sure to cover an amount equal to the total value of your assets (add the dollar value of your home, car, savings and investments).

How much is car insurance?

You probably do not need much money to spend on a policy to protect injuries. They should be covered, if you are sick and disability insurance through your employer. Just buy the minimum necessary.

You must ensure you have adequate protection against the uninsured motorist and underinsured. It is relatively cheap in most states (something like $ 40 a year to 100,000 dollars worth of coverage) and if you are in a collision with an uninsured driver are, will cover the insurance costs disease do not want. If you opted for BIL $ 100,000 / $ 300,000 contribution, the same thing I do for you.

Collision and comprehensive coverage is worth it if you want to repair or replace your car after an accident. These policies have a deductible (the amount you have to pay out of pocket before coverage begins), and they pay on the current value of your car on the basis, not what you paid for it.

Choose the highest deductible you can afford, because a higher deductible will lower your premium significantly. The search for great cover damage to your car, not for every little thing that can go wrong. It is better than $ 500 of your own money on minor repairs from time to time to pay, as an extra $ 50 a month if you do not need to spend or repair. Save insurance if you have car repairs costing thousands, not hundreds. Remember, if you file a claim for every little thing is to increase your premium.

A handful of states require car owners through any insurance policies that pay for failure, no matter which restrict driver at fault in an accident and your ability to continue to contribute to other drivers.

Florida, Hawaii required, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, Utah and Puerto Rico car owners to achieve this protection, if rules on how these measures work differently by the state are. These policies are generally expensive, so be sure to provide the best for them, when to live in a state without fault.

As for the auto insurance policy | Imprint

Once you've decided how much car you need insurance, it's time to start shopping. Car insurance companies vary depending on your car, your driving record and your credit, so it is advisable to do some research.

For insweb.com and Insurance.com and fill out the application form. After a short time, you will receive comparable quotes from several insurers. There are three types of insurance:

Direct seller - you are probably familiar with this brand name, such as GEICO and Progressive. These companies sell coverage to you directly, bypassing the traditional insurance agents. As there is no cure, there is no commission, theoretically, the savings are passed on to you. But these insurers accept only the best drivers, so you can easily have qualified for coverage if you have a history of accidents or moving violations.

The major national brands - Allstate and State Farm are better equipped for the driver with a bit of an uneven past, and their prices are usually pretty good (they may even be able to direct some of the seller offers to match) . These companies sell through local agents, but their agents are exclusively a State Farm agent sells State Farm coverage and nothing else, you need to make your own comparison shopping.

Independent Insurance - The seller can offer all kinds of insurance policies from different companies. If you have questions that go to your ability to provide care (such as a driving record incomplete or a young driver in your home), independent agents in general, you will find better coverage at lower prices to you find on your own. Ask friends and family if they are an insurance agent, they may recommend.

How much is car insurance?

Some tips for negotiating with an insurer:

Ask for discounts available - there is almost always a way to save money. You can receive a discount if your car has anti-lock braking system, if you do not drive, you drive your car as often or as far, and so on. Ask to see a list of all possible discounts if you qualify.

Direct Towing Insurance - It is best to take that extra money and join a car club (eg AAA) instead. In addition to towing, roadside assistance you need when you need it.

Consider insurance glass - you can chip a windshield at all times, and automotive glass is expensive to replace. So make sure the glass part of your overall coverage, and not as a separate policy which can be costly, is.