Want to Purchase Auto Insurance Online? Its Quick and Very Easy

When the time comes that you have to renew your Auto insurance you could be saving a great deal of money if you are willing to purchase auto insurance online. Its easy and quicker than other methods of purchasing.

When you get an online quote you will normally find that most companies that offer the service to purchase auto insurance online will give you a close to 10% discount as you are going directly to them rather than through an agent. This is a great way to not only save some money but check out the competition.

If you think about the length of time it would take you to call 10 insurance companies for quotes while you sit there listening to that dreadful hold music as well as talking to someone who might well be in India rather than a call center close to your home.

So you get your quotes and make sure that you are getting the deal that you want through discounts and benefits and then you are ready to purchase auto insurance online. This is the real easy bit, most will take credit card or bank card payments online, others will accept a bank transfer.

Unfortunately you still need to carry with you that strip of paper that says you are insured but this will arrive in the mail a few days after you purchase auto insurance online. This is pretty much the only interaction you will need with the insurance company if you purchase auto insurance online. As we said it is quick and easy and much less frustrating than sitting on hold!



Source by Elizabeth Katz

The Internet and Auto Insurance

If you were told to look for vehicle coverage where would start? If you are the typical sixteen seventeen year old and own a personal computer you are automatically going to the internet. This is the first place we now go for everything. Is it because we gave up on the yellow pages of the telephone book? No, not really it is because we can have the information at our fingertips in the matter of minutes. Everyone is getting used to having information within the first ten minutes that if it takes longer than that why bother. Do you think an auto insurance webpage has the information available to answer that quickly? Yes, I do.

Why, because if they want to stay competitive in a technology driven world they will make it happen where they provide sufficient information for the person to make the final telephone call or provide the contact information that is needed for the agent to call them back. At some point there is information that will need to be verified. Initial information can be preliminary and for that you can answer yes and no simple questions. For example, some of the questions could have been you over eighteen? Do you have a current drivers license? Do you have current auto insurance? What state do you live in?

These few questions will tell you whether or not you will be able to make payments or make a onetime payment to get started on your auto insurance premium. The age will tell you whether or not you are eligible for a discount being under or over twenty five. The state will give you an idea if auto insurance rates because all states are not created equal when it comes to auto insurance rates. If you are able to get contact information after answer the few questions listed above then you most likely have a very good chance at providing auto insurance to this new client. People want information and not a life story.

So unless you are asked a bunch of questions let the auto insurance company sticks to the answers. If you look at it another way with the technology, yes we are getting the information quicker and we are becoming a population that does not always like to talk. Instead we want the bottom line and that is the cost of your auto insurance.



Source by Anthony M. Peck

Vehicle Insurance Basics

What Exactly is Automobile Insurance

Car insurance is designed to provide protection to you in the event you injure others, including property damages and bodily injury, as a result of an accident. Furthermore, depending on the coverage and plan you have, it will provide reimbursement to you for injuries and damage done to your vehicle. In its most basic form, car insurance is a contract, made between you and your carrier. You agree to pay a set price, referred to as premiums, in exchange for selected coverages.

The type of policy you have is written out in detail in the declaration page, so make sure you always read it and understand the exact coverage you have. It’s always smart to go through your policy thoroughly and make sure you don’t have any overlapping items, such as rental insurance. This is often covered on your credit card agreement, so you might just be wasting money having it. Remember, you can always upgrade your insurance and cancel it anytime.

What does automobile insurance cover?

This is a common question new customers always ask agents. The answer is, it depends on the plan and policy type you buy.

There are four main categories of protection.

* Liability Insurance

This covers injuries to the other party, damage to their vehicle and also property damages. If you have a vehicle not worth very much and you don’t drive too often, liability only insurance may make sense. It is much cheaper than comprehensive, with pricing in some states starting at $29 for good drivers.

* Collision Insurance

This will pay for damage and medical costs pertaining to you. It’s smart to buy it if your vehicle is newer and worth more than $12,000.

* Comprehensive Insurance

This is the gold standard of coverage. This type of policy costs more but has wide ranging protection. It coincides with collision and will repair of replace your automobile for events that cause damage or a loss, not relating to an vehicular accident. This means if your car is stolen, you will be protected and can get it replaced for its current market value. Also, weather related damages done to your auto will also be covered. Typical examples are flooding, fires and animal incidents.

* Uninsured Motorists Insurance

There are more people driving on the roads uninsured than ever before. Buying uninsured motorists insurance will protect you from these lawless drivers. If you get involved in an accident with someone with no insurance, you will insured up to your policy limits.

It is important to know that every state has different insurance mandatory coverage and laws. You should familiarize yourself with the mandated limits in your state and stay current with changing laws.

The Most Common Car Insurance Coverages

Each type of coverage you purchase contains a set of limits, policy terms and multiple conditions. Bodily injury is an all important one.

It will pay for, as the name implies, bodily injuries sustained from an incident you were found to be at fault causing. A good liability policy will also pay for legal fees, up to certain predefined limits, in the event you are sued in court.

Liability will also pay for damages you caused to another persons property, almost always their automobile, after an at-fault accident occurred. Medical insurance will most often cover you and the passengers riding along in your vehicle who were hurt in a crash. Another advantage of having good medical coverage is, it will cover medical costs in the event you are hit by a car walking as a pedestrian.

There are several states that have PIP or personal injury protection laws as opposed to medical coverage. Some people refer to this as no-fault coverage. PIP insurance will most often pay for medical, funeral, income loss and a variety of other costs that relate to bodily injuries sustained after a vehicle accident.

What you Need to Know Before Buying Car Insurance

The most important thing to think about when buying auto insurance is getting coverage that meets your needs. What are your specific needs, including your budget and tolerance of risk. Remember, you should think of a worse case scenario, such as buying enough coverage to replace your car and protecting the assets you have accumulated.

In general, the higher your personal net worth, the more insurance protection you will need. Lawyers also target people who have large amounts of money with vigorous lawsuits, claiming pain and suffering damages. Your insurance plan should follow your asset growth and protect you to the fullest.



Source by Mike Heuer

Mexican Tourist Auto Insurance – Tips on How to Purchase Insurance For Mexico

Congratulations – you are embarking on an exciting road trip adventure to Mexico. You have your vehicle tuned and all of your gear packed, and now it is time to purchase your Mexican tourist auto insurance. Your Mexican auto insurance coverage decision could be the most important decision you make, but unfortunately it is often one of the most rushed and least researched decisions that many Mexico travelers make. Do not make the mistake of assuming that all Mexican insurance is the same, because the differences in insurance coverages and benefits can vary tremendously between Mexico insurance companies. Even though researching insurance coverage is not very exciting for most people, this article will show you how 5 to 10 minutes of research on the internet could save you thousands of dollars and many frustrating hours if you were to actually need to use your Mexico insurance to pay for a loss.

Use the internet to quote and purchase Mexican tourist auto insurance

The vast majority of Mexican auto insurance is now purchased directly from the internet. There are a number of websites that sell Mexico insurance, and buying your insurance from the internet makes a lot of sense for the customer. Would you rather wait till the last minute to buy your insurance at the border, or would you prefer to buy your insurance from the convenience of your own computer before you leave on your trip to Mexico? Most customers prefer to get their insurance taken care of ahead of time.

The best websites to buy your Mexico insurance from are ones that offer multiple Mexico insurance companies. This allows you to do comparison shopping through one website instead of filling out multiple quotation forms on multiple websites. One good Mexican insurance website with a comparison insurance rater will save you a lot of time and confusion.

Which websites can be trusted?

Before getting your insurance quote, make sure to look for a valid insurance license and contact information. Also, you may want to look for a ‘Surplus Lines Broker’ license number. A surplus lines broker is an insurance broker who has a direct contract with the Mexican insurance companies and is licensed to sell foreign insurance coverage within the United States. A surplus lines broker license is a good sign that the website is run by a company who specializes in Mexico insurance. If the insurance license is not a surplus lines broker license, this means the website is most likely run by an insurance agent who is selling through a surplus lines broker. This does not mean the products on the website are not valid, but you may not receive the same level of customer service as you would from a surplus lines broker who specializes entirely in Mexican insurance. You may also want to look for a Better Business Bureau listing and some sort of internet security approval such as Hacker Safe or McAfee Secure to ensure that your information will be secure during your internet transaction.

Mexico insurance coverage to look for

Once you have selected a website that sells Mexico tourist auto insurance, you will fill out the quick insurance quote form. Within a minute, you should be able to get a firm quote and begin researching the benefits of the insurance products offered. Remember, this will be a much quicker and streamlined process if you use a website that offers multiple competing insurance companies all under one quoting system (a comparative quote rater).

Look for a chart below or above the insurance prices that clearly explains exactly what the Mexico insurance limits are and what is actually covered. In this chart, you will want to look at the following categories:

Deductibles: The best Mexican insurance policies will offer fixed deductibles, meaning the deductibles will be locked at a set amount regardless of what the value of your vehicle is. Some of the less expensive policies will base deductibles on a percentage of the vehicle value. If the vehicle’s value is less than $20,000, percentage based deductibles may be fine, but when vehicle values get up in the $30,000 range or higher, the percentage based deductibles can get very high. If the website does not specifically list the deductibles, you should not use that website!

US Hourly Labor Rates for Repairs Made in the US or Canada: In the old days, most Mexican auto insurance companies tried to make customers repair their vehicles in Mexico. Repairs made in Mexico instead of the US were often much less expensive for the Mexican insurance companies, and many customers were unwilling to leave their car in Mexico, so the company got out of paying these claims. Today, many of the better Mexico insurance programs allow you to fix your vehicle in the US or Canada if you wish. The catch is that some of the less expensive Mexican insurance programs will only pay a limited hourly labor rate for repairs made in the US (some as low a $20 per hour). This means the customer would have to pay the difference in hourly labor rates out of their pocket. The best Mexican insurance programs will pay very high US labor rates such as $70 per hour or state that they will pay whatever the current US hourly labor rate is. These policies could significantly minimize your out of pocket expenses in the event of a claim. If the Mexico insurance website does not specify if repairs in the US are allowed or what the hourly labor rate is, do not use that website to purchase your Mexican insurance!

Vandalism and Partial Theft Coverage: Vandalism and partial theft (meaning only part of the car is stolen such as the tires, door panels, etc) is typically not covered by standard Mexican auto insurance. In the past few years the higher quality Mexican insurance programs have started to offer this coverage in their enhanced coverage programs. If you want to protect yourself against as many types of losses as possible, you should look for this coverage.

Liability Limits: This is the portion of the Mexican insurance policy that pays for damages you cause to third parties. This coverage is essential when traveling in Mexico. Most people in the industry feel that $50,000 worth of liability insurance is probably the minimum you should consider. Some of the best Mexican insurance programs will go up to $300,000 combined single limit (a lump sum for property damage or bodily injury damages), but it will also increase the insurance premium. Some customers wish to carry these higher limits to work in tandem with their US umbrella liability policies. You may want to ask your US insurance provider if your umbrella insurance will recognize your Mexico auto insurance as a primary coverage.

Medical Payments: This is the portion of the Mexico insurance policy that pays for medical costs for you and your passengers (people inside your vehicle). $2,000 per person with a total of $10,000 per accident is the lowest limit you should consider, but many policies will offer much higher limits. Some of the better policies will also increase this amount if you are hit by an uninsured motorist who is at fault. You may want to check with your US or Canadian health insurance provider to make sure they will cover you for medical costs incurred while traveling in Mexico. If not, you may also want to research an international health insurance plan – but that is a different subject.

Legal Service: Make sure your Mexico insurance includes legal service or legal assistance. This coverage will pay for any court costs, attorney fees, or bail payments that are a result of a traffic accident in Mexico. The service will also dispatch a legal representative to hold your hand through any legal procedures. This coverage is absolutely essential, so do not purchase any Mexico auto insurance that does not include this coverage!

Road Assistance: Most of the better Mexico insurance companies will include some level of road assistance that will cover towing expenses, flat tires, locksmith, and other services. This is a great coverage to have, so make sure this is included with your Mexico insurance policy.

Medical Evacuation: As the market for Mexican insurance becomes more competitive, many Mexico carriers are now bundling in extra special coverages to make their products stand out. When medical evacuation is automatically included with your Mexico auto insurance, it is an incredible value and convenience. This coverage will coordinate and pay for air or land ambulance services in the event of ‘grave illness or injury’. This means life threatening or very serious illnesses or injuries. Purchasing a medical evacuation program on your own will often cost hundreds of dollars per year, and can often have many limitations. The quality Mexico auto insurance programs that bundle in the medical evacuation coverage will usually cover multiple people in your travel group automatically up to four or more people. Make sure to look for how many people are covered by the medical evacuation. If the amount of people covered is not listed in the insurance quote details, you can assume that the medical evacuation may only cover the driver. Other websites do exist that specifically cover 4 or more people in your travel group, so it is highly recommended that you look for websites that offer this broader medical evacuation coverage.

Plane Tickets Home: Another great benefit that many of the better Mexico insurance websites are offering is plane tickets home in the event that your car is stolen or not drivable. This can save you thousands of dollars, and alleviate the nightmare of needing to coordinate your transportation back to your home from Mexico. If this benefit is offered, make sure to see for how many people the policy will provide plane tickets home. If plane tickets home is not listed, or the website does not specify how many people are covered, you should check a different website. A few websites do offer coverage for four people or more in your travel group.

When in doubt, call the website customer service phone line for help

The reputable Mexico insurance websites will encourage you to call their customer service departments if you have questions about the Mexico insurance. If nobody answers the phone, or does not call you back within a few minutes (during normal business hours), you may not want to purchase your insurance from that website! Most Mexico insurance websites are like ATM machines. The website is there for your convenience if you want to write the policy yourself, but you are also welcome to call the website customer service insurance agents and have the agents write the policy for you over the phone.

If you check for each of these insurance coverages and website features while shopping for Mexican auto insurance on the internet, you are guaranteed to purchase the best insurance for your situation. Five to ten minutes of research could save you thousands of dollars and hours, if not weeks, of headaches in the event that you need to file a Mexican insurance claim. Be safe, and have fun in Mexico!



Source by Jeff Nordahl

Types And Benefits Of Auto Insurance

If you have made plans of buying a vehicle, then you also need to think about insuring it. Basically, and vehicle you are going to buy or own already should have insurance coverage as per the law in the United States and almost every other country in the world. What is vehicle insurance? Auto insurance is a kind of policy or insurance which insures your vehicle, yourself and third parties when your vehicle has been in an accident and caused damages to either another vehicle or to other persons. and provides many facilities also. It has a variety of types and miscellaneous services included so always get the proper knowledge about it before signing any deal as it will be better for you to make the right decision.

Fundamentally auto insurance has three types and they are insurance coverage, physical damage coverage and uninsured motorist coverage. Each one has its own specific role. Let's start with the liability coverage. It is the most ordinary type of auto coverage. According to this strategy, it leans to cover all the physical injuries of the persons involved in the accident and his or her assets' damage expenses which may take place due to the accident. It provides all checks, operating cost, and cost of treatment of that injured person and it also takes care of costs in case of death. It also provides you the financial facility if the injured person files a court case against you.

The second one is physical damage coverage. It is divided into two parts and those are comprehensive and collision. The comprehensive plan will cover the expenses for your vehicle, due to any destruction done by any ordinary event apart from accidents and collision plan covers the damage to your vehicle caused by a collision. In this plan, it does not matter whether you are the injured party or the guilty party. It covers both. But in other cases only the other party is covered. With this type of auto insurance you will benefit a lot.

Uninsured motorist coverage is the third type auto insurance plan. This kind of plan provides not only for you but also for your whole family in case of any harm caused due to an accident. It can be divided into four classes and those are the under-insured motorist property damage, the under-insured motorist coverage, uninsured motorist coverage, uninsured motorist property damage. It can be said that these plans cover the expenses for your vehicle, family, and any damage caused by a person who has no insurance for himself.

Conclusion: Accidents do not come with a notice. So, everyone should insure his or her vehicle with auto insurance because it covers expenses for the vehicle, the driver and any third party involved also.



Source by Clarence Leonard