Courtesy of iii.org Once you have a clear picture of how you use your car and your priorities, you’re ready to shop for insurance. Generally, it’s a good idea to compare policies from at least three different insurers. You’ll want to consider fundamental factors such as coverage and price, but it’s also worth evaluating prospective insurers as well. The following are the most important factors to consider. Types and amount of coverage Try to compare apples to apples when choosing your insurance policy. All of the policies that you review should have the same types and amount of coverage. It is difficult to compare policies, for instance, if one provides $50,000 in property damage liability coverage, another only $30,000, and a third $100,000. Coverages that you’ll want to consider, though some are optional, include: Primary liability—including bodily injury and property damage coverage Medical payment coverage Uninsured motorist coverage Collision …
Auto Insurance
How To Prevent Carjacking
Courtesy of iii.org Having your vehicle stolen is bad enough, but carjacking—having it taken while you're behind the wheel—is potentially dangerous, even lethal. Foil would-be car thieves and keep yourself safe with these precautions. Having your vehicle stolen is bad enough, but carjacking—having it taken while you're behind the wheel—is potentially dangerous, even lethal. Foil would-be car thieves and keep yourself safe with these precautions. Motor vehicle theft takes a human as well as a financial toll A motor vehicle—car, SUV, truck, bus or motorcycle—is stolen in the United States approximately every 45 seconds. In addition, parts of cars, like airbags and catalytic converters (which are stolen for their recycling value) are stolen out of the cars themselves. Cars and car parts stolen in the United States often wind up on overseas markets, making recovery impossible. And, though armed auto theft represents a small percentage of the incidents, carjacking is a …
Helpful Tips for Auto Insurance in 2018
Courtesy of iii.org The basic personal auto insurance mandated by most U.S. states provides some financial protection if you or another driver using your car causes an accident that damages someone else’s car or property, injures someone or both. But to make the best decisions about purchasing other types of auto insurance coverage you might need, you’ll want to understand what’s covered, what’s not covered and what’s optional. In addition to understanding types of coverage, you’ll also want to consider coverage amounts. Why? Because state-required minimums may not cover the costs of a serious accident, so it’s worth considering purchasing higher levels of coverage. Here’s a rundown of the types of coverage available—some are required; others are optional; all are priced individually (a la carte) to let you customize coverage amounts to suit your exact needs and budget. Mandatory coverage Nearly every state requires car owners to carry the following auto liability …