Search Results for: insurance

Why Do We Have Mandatory Auto Insurance?

Unfortunately, the term “compulsory automobile insurance” is open to many interpretations, which has led to confusion. Although it is possible that a motorist may be required to insure his vehicle against fire, theft and collision, earthquake, or glass breaking, these types of insurance do not apply to the car. They are not directly connected to the […]

Car Insurance With SR22 Basic Information

Car insurance with SR22 refers to an ordinary policy that has liability limits that are sufficient to meet or exceed the minimal financial responsibility requirements of the State it covers. Many drivers must show proof of insurance to their state authority in order to retain driving privileges. The SR22 is proof that such insurance is required. The insurance […]

Buying Gap Insurance for Your Vehicle

How does gap car insurance affect your coverage? Gap insurance is also known as “totaled” insurance. It covers your vehicle’s loan amount and actual cash value. Because it depreciates once the vehicle has been driven off the dealer’s property, this type of insurance is required almost every time a new vehicle is purchased. This is also required for […]

Auto Insurance Fundamentals

It is essential that car owners understand the basics of pricing and insurance policies. Recent US studies have shown that there is an increasing number of road accidents. Therefore, auto insurance policies are essential for every car owner. There are many auto insurance policies available. You can choose the one that best suits your needs and budget. […]

Prepare Yourself for Collision and Car Insurance Claims

Two reasons are why we purchase car insurance. To fulfill state requirements. To protect our assets in case of an accident. Although the monthly premiums may seem unnecessary, you will be thankful you made that sacrifice in case you are involved in an accident. You would be responsible to repair your vehicle, or to purchase a new one, as […]