Search Results for: insurance

Car Insurance: Consumers’ Rights and Responsibilities

The majority of states in the United States require that all citizens have auto insurance. Your proof of insurance is required as part of vehicle registration. Otherwise, your vehicle will not be registered. It’s also a way to prove financial responsibility for your vehicle. It is important to remember that accidents can happen even to defensive drivers. Auto insurance […]

What Happens If You Don’t report an accident to your insurance company?

Car accidents do happen, unfortunately, and the hope is always that nobody will be seriously injured and that damage won’t be too severe. Many people don’t realize what happens if they don’t report a car crash. This is not something you want hanging over you head after an accident. We have the answer for you. Once you […]

Assigned Risk Plan Insurance no Driving License?

Assigned risk plans offer auto insurance for drivers who are too high-risk to be covered by most insurers. Although they are offered by the state governments, these plans provide coverage through regular carriers but cost more than regular auto insurance. However, not all car owners who have been denied coverage for their vehicle will need assigned […]

Telematics Technology May Provide Cheaper Car Insurance for Young Drivers

Sometimes parents may be shocked at the high cost of young driver’s insurance. They can lower the cost of their child’s car insurance by buying a named driver policy. This method of using the same vehicle less often than their children is legal, provided the parent is registered as the primary driver. MoneySupermaket.com research shows that […]

What is a Guaranteed Whole Life Insurance Policy?

What is Guaranteed Issue Life Insurance? Guaranteed issue life insurance, or guaranteed acceptance life insurance, is a type of whole life insurance policy that does not require you to answer health questions, undergo a medical exam, or allow an insurance company to review your medical and prescription records. It may also be called “no-questions life insurance” or even […]

Motor Insurance Write Offs – Category D Vehicles

Many motor vehicles that were written off by motor insurance companies are slowly making their way back onto the second-hand marketplace every year. It’s all completely legal. Under a voluntary rule of exercises authorized by many organizations, such as motor insurance corporations and salvage and repair firms, write-offs that appear again are classified as Category […]

Why It Is Important To Read Your Car Insurance Policy

If policies, agreements, contracts and other legal documents are not understood or read carefully, it can cause a lot of problems later. Although most people won’t want to read every word of a policy, it is often the key to saving money or incurring additional costs. This is especially true for car insurance policies. Although insurance agreements […]

Car Insurance – Mandatory or Optional?

Here are some things you should know about Car Insurance *Car insurance in India is mandatory, not optional. *Accidents cannot be controlled – the common man must be protected from accident risks *Not everyone can afford unexpected accident costs. Car insurance provides protection from large-scale, unexpected expenses. Many misinformations and ambiguities surround the topic of […]