US Auto Insurance Guide

Debating whether or not to purchase the cheapest auto insurance plan?  Take time to consider the pros and cons before making a decision regarding your insurance coverage.  Many people need full coverage, but how do you know if you’re one of them?  If you have an auto loan, live in a dangerous area, or have a bank account with a six-cent balance rather than a six-figure balance.

Avoid the Cheapest Auto Insurance if You Have an Auto Loan

When you have an auto loan, your vehicle is not really yours.  Yes, you’re the one who puts gas in it and lovingly takes it to the car wash each week, but it doesn’t belong to you.  Sorry.  That means if you are in a car accident, you have to continue paying for your car or they will take it away.  Even if your car is totalled.  Wondering why you should even care if the car company repossesses your totalled vehicle?  The repossession will show up on your credit report, making it difficult for you to purchase another vehicle in the future.   Also worth noting:  in some states, full coverage is required by law if you have a lease or loan on your vehicle.

Avoid the Cheapest Auto Insurance if You Live in a Dangerous Neighborhood

Live in an area full of crime?  You need a good car insurance plan.  Studies have shown that cars in crime-infested areas are more likely to be stolen or damaged.  If you have the cheapest auto insurance plan, you won’t be protected.  Don’t let thieves or vandals ruin your day.  Protect your vehicle.

Avoid the Cheapest Auto Insurance if You Don’t Have Any Money

You’re probably thinking that you definitely need the cheapest auto insurance plan if you’re broke, but that’s not necessarily true.  If you have no money and the cheapest car insurance plan, what do you think will happen if you’re in a car accident?  You’ll be responsible for any damage to the other vehicle, but your insurance many not cover the cost of repairs for your own car.  If your insurance plan doesn’t cover the other vehicle, the driver can sue you.  You think you’re broke now?  Wait until yo

Full article…

New statistics released Friday by the U.S. Bureau of Labor Statistics (BLS) indicate that the price of insuring a motor vehicle rose only 0.1 percent between February and March.

The posted increase in the cost of car insurance was far outpaced by an increase in the price of all items tracked in the BLSs Consumer Price Index (CPI), as has been the trend in 2011.

According to data included in the first three CPI reports this year, the cost of motor vehicle coverage has risen 0.47 percent since 2010.

Full article…

The Senate and House of Representatives in Wisconsin have approved a bill that would adjust a previous mandate for auto insurance premiums in the state. The bill serves as a reversal to a law that raised premiums and insurance rates for some drivers.

Bill Lowers State’s Liability Coverage Requirements

In 2009, a law was signed that raised the limits on the minimum amount of coverage people had to have. P

Full article…

Many people want to know about The General Auto Insurance prices, but much of it has to do with the area in which you live. Therefore, people in certain areas of the country will always pay more than others, since insurance companies have decided that these areas create a higher risk. If you feel as though you live in an area with higher than average premiums, the only thing that you can do about it is drive carefully and gain as many discounts as possible.

Full article…

Every citizen in the United States, irrespective of whether they own a car or not, is aware of the importance of a good auto insurance policy. Not only does it allow consumers to drive on roads legally, it also ensures financial protection in case of mishaps. According to some of the most recent studies conducted in this field, residents in the state of Michigan pay the highest for their auto insurance policies, while the residents of Virginia enjoy some of the best auto insurance rates in the market today.

Full article…

Excessive moving violations can send your insurance premiums skyward.

While our primary focus is getting you the cheapest online car insurance quotes from the highest quality car insurance companies, we also devote quite a bit of time towards education.

Part of that we do is in an effort to lower the price you pay for your auto insurance premium, such as specifying discounts you can take advantage of to lower your costs of insuring your car. But it is an unfortunate but true fact that car insurance rates dont always decline. Full article…

We all know that if you get caught speeding you can expect to pay a fine, but do you know how much a speeding conviction can cost you in the long-term? Driving above the speed limit obviously puts other road users and pedestrians at risk, but it can also have a major impact on your car insurance premiums, according to moneysupermarket.com.

Its research reveals that drivers caught speeding could see the cost of their insurance premiums soar by as much as 54%.

Whether you’re someone who has already been convicted for speeding, or you’re simply looking for ways to lower the cost of car insurance, we take a look at some of the ways you can reduce costs – as well as the financial impact of having points on your licence.

Points don’t mean prizes

A driver with six points on their licence could expect to pay 19% more for cover than someone with a clean licence.

Full article…