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Car Insurance

Vehicle Insurance Information >Information For Car Insurance

Car Insurance typically called Auto Insurance protects the policy owner against financial damages in case of an accident. Accidents big and small happen each day right from a small stone hitting your windshield to a massive rollover which gives your car the status of being totaled. There are many components you need to understand about your Car Insurance and we try to bring as much information possible in this section.
The Car Insurance policy has three main types of coverage
  • Property Coverage - this helps pay for the damages to your vehicle and will cover if your car gets stolen
  • Medical Expense Coverage - When you are in an accident you need help paying the bills for the rehabilitation and treatment to your injuries. Along with it some policies provide lost wages and even funeral costs.
  • Liability Coverage - This helps with the medical and legal costs of a third party whom you have injured or whose property you have damaged.
Here is the list of items covered in this section click on each topic to read more.

Why does your car insurance cost what it does?

The cost of car insurance doe not seem even a little bit fair these days does it? Nope. It seem so random, you will find that it differs from person to person, even if they drive the same car? How is that possible? Car insurance should cost the same for everyone right?
Wrong. Why should those with good clean driving records pay the same amount of money for serial crashers? We shouldn’t. It is those bad drivers that are driving (no pun intended) up the cost of car insurance. But that is just one of the factors that can affect how much you pay each month for your car insurance.
Car insurance is something that  we all have to have if we want to drive on the road. Even if you live in a place where it is not required by law it is still a very good idea to get car insurance. Only car insurance will protect you if you get into a car accident. Accidents are called accident for a reason, no one plans to go out and get into one. If you are unlucky enough to get into one you will have the peace of mind knowing that you will not have to put out the money to get your car or the other car fixed. Good car insurance will even cover you if someone in one of the vehicles gets injured. Without car insurance you could find yourself getting sued for millions of dollars, do you have that kind of money to put out? We don't  think so , that is why you need to get car insurance to take care of you.

Top things that will affect your car insurance premium

Here are the top things that will affect how much money your car insurance is costing you:
Your driving record
If you have a bad driving record you are going to be putting out more money for your car insurance each month. The longer you go without having an accident the lower your car insurance rate will get.
Want to put more people on your policy?
Adding people to your car insurance policy can affect the amount of money that your car insurance costs you. If the other person has a bad driving record then you may find yourself having to pay their rates for your insurance.
Age
If you are young you could be facing higher car insurance rates as well. This is because you are not as experienced a driver and therefore you are seen as a higher risk. The same is true if you are a male. Men are riskier to insure than females and this means that you may have to pay more.
Get an alarm
If you get an alarm and you agree to use other anti theft  devices you may be able to get a discount on your car insurance. Ask your car insurance agent what kinds of measures you could put in place that would allow them to give you a better deal on your car insurance.

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