Finding Auto Insurance After a DUI

Things That Affect Your Auto Insurance Rates That You Didn’t Know About

Posted by on Mar 16th, 2017 in Uncategorized | Comments Off on Things That Affect Your Auto Insurance Rates That You Didn’t Know About

Many drivers do not understand why auto insurance rates rise. You start out paying one rate, but end up paying a higher rate by the time of your policy renewal. It is common to think that your deductible and coverage are the only things that affect the cost of car insurance.

However, your insurance rate is affected by a variety of things. It helps to know these things so you know what to do to lower your expenses.

Use Credit Score To Determine Rate

Car insurance companies use credit scores to help with determining risk. A credit-based insurance score is not based on income history, gender, or job. It is used to determine how likely you are to get an insurance claim. Many car insurance companies use credit scores to determine eligibility for payment plans and to determine insurance rates. Your credit-based insurance score is used along with your claims history, driving history and other factors. If you have a high credit score, zero claims, and a good driving history, then you usually qualify for a lower premium.

Your Profession

Your profession is another thing used for calculating risk. Insurance companies feel that certain professions put drivers at risk of having an accident. For instance, journalists and delivery drivers are constantly on the road, which mean they are more likely to get in an accident. On the other hand, airline pilots do not spend a lot of time driving, which decreases their chances of getting in an accident. Drivers like nuns, insurance underwriters, and police officers are considered safe drivers so they usually receive a good rate. For these reasons, insurance companies will adjust your premiums if they think your job is high risk.

Good Safety Rating

Vehicles are assigned a safety rating. This rating is based on safety features, your risk of an accident, the risk to the passengers in your vehicle and other factors. Safety features make your vehicle safer and provides more protection in case of an accident. If you own a car with a low safety rating, then your premiums are usually higher.

It is important to be safe when driving on the road. An accident can occur at any time. You are driving for yourself and other drivers. If an accident occurs, then it can affect your health and your pockets. You are really in trouble if you caused the accident and don’t have insurance. Car insurance like Oliveira Gilbert C Insurance Agency Inc is just another level of protection that you need as a driver.

2 Benefits Of Having Your Teens Complete Driver’s Education

Posted by on Sep 27th, 2016 in Uncategorized | Comments Off on 2 Benefits Of Having Your Teens Complete Driver’s Education

If your teen is approaching the age where he or she will be able to drive, you might want to consider enrolling the child in a driver’s education program. This will most likely cost between $200 to $800, but it will be worthwhile in the long run. These programs are designed to teach teens a variety of different useful skills needed for driving, and here are two main benefits you may experience as a parent by enrolling your child in driver’s ed.

Peace Of Mind

While it’s probably not possible for parents of teens that are just starting to drive to feel completely peaceful about this, knowing that your child has been trained well to drive might help you have more peace of mind than you would without your child taking this course. During driver’s education, your teen will learn the following things:

  • How to drive a car – If you are too nervous to let your child get behind the wheel of your car, how will he or she ever learn how to actually drive a vehicle? Driver’s education is an excellent option for this, because a professional driving instructor will do all the teaching for you. Your child will learn exactly how to start a car, use the gears, park the car, accelerate, and so much more. This type of course is designed to teach inexperienced people how to drive.
  • To be defensive when driving – Millions of people share the roads in this country and learning how to drive defensively is vital because of this. Defensive driving habits teach teens what to watch for while driving and how to avoid accidents.
  • To understand laws and rules of driving – This course will also educate your child on what traffic laws and rules are. Your child will learn how to read road signs and how to understand normal parts of driving, such as yielding and understanding how four-way stops work.

When your child successfully completes this course, he or she will be prepared to drive on the roads in a car all alone. This will hopefully give you a sense of peace.

Auto Insurance Savings

In addition to having more peace about your child driving, it’s also important for you to understand that choosing to send your child through a driver’s education program may help you save money on your auto insurance. Saving money on auto insurance is something many parents are interested in, because insuring a teen driver can be expensive. When a teen completes driver’s ed, an insurance company might be willing to offer a discount of 5% to 10% or more.

The reason this occurs is from statistical information insurance companies use when calculating rates. According to statistical information, teen drivers who complete driver’s education are less likely to perform risky moves while driving. This means they might be less likely to speed, run through yellow stop lights, or accelerate overly fast. The end result of this is fewer accidents and traffic violations, and this is why insurance companies reward teens who complete driver’s ed. Knowing this information might also help you, as a parent, feel more confident with your child driving.

You should also understand that your auto insurance company may have other discounts that could be applied to your teen’s insurance policy. For example, a lot of insurance companies offer discounts for drivers with good grades.

If you would like to learn more about the costs of insuring your teen driver or the discounts that are available for your policy, contact a company that offers auto insurance services today to request a quote to insure your teenager. 

What is the Difference Between Liability and Full-Coverage Auto Insurance?

Posted by on Mar 29th, 2016 in Uncategorized | Comments Off on What is the Difference Between Liability and Full-Coverage Auto Insurance?

While drivers in the U.S. are required by law to have car insurance, not everyone knows exactly what is covered by their insurance policy. Your car insurance policy can be classified as either liability only or full coverage. Here is an explanation of the differences between these two types of car insurance to help you determine if you have the right coverage for your needs.

Liability Protects Others’ Property

Liability insurance coverage is usually the minimum that is required by law. If you are found to be at fault for a collision with someone else’s vehicle or property, liability insurances covers the other party’s damages. Liability insurance is essential coverage to protect you from having to pay for the damages out-of-pocket.

Depending on the policy that you have, your liability insurance may also cover the other driver’s medical bills if they are injured during the accident. You should study your policy carefully to determine the maximum liability coverage for property damage, medical coverage limit per person involved in an accident, and the maximum medical coverage limit for all persons involved in an accident.

Full-Coverage Insurance Protects Your Own Property

While liability coverage protects you from having to pay for another driver’s damages, full-coverage insurance includes liability coverage and also goes a step further by helping you recoup some of your own expenses. The most basic part of full-coverage insurance is the amount that it will pay for property damage to your own vehicle.

When purchasing a full-coverage auto insurance policy, the first number that many drivers will look at is the deductible. The deductible is the amount that the driver is required to pay out of pocket before their insurance will begin to cover their damages. While a high deductible can make it more difficult to receive an insurance payout in the event of an accident, it can also reduce the amount that you pay monthly for your full-coverage insurance.

Theft, Vandalism, and Accidents

Full-coverage auto insurance will pay for several types of damage that drivers may incorrectly think they are already insured for. Examples include damages from fire, hail, and water damage from extreme weather as well as unpredictable accidents such as a tree falling on your vehicle.

If you live in a neighborhood with a high rate of vehicle theft and do not have a garage to store your vehicle in, you should consider full-coverage auto insurance to be a necessity. Full-coverage insurance will pay for damage to your vehicle caused by vandalism and attempted break-ins, as well as some or all of the cost of replacing your vehicle if it is stolen.

Medical Bills and Additional Features

Just as liability insurance will sometimes cover the medical bills of other drivers involved in an accident, full-coverage insurance can help to pay for your own medical bills. These include the cost of your hospital stay, surgeries, rehabilitation, and prescribed medications.

While medical coverage typically comes standard with full-coverage auto insurance, there are a number of other types of coverage that you can opt into for an additional fee. For example, some insurers will pay your towing fees if your car ever breaks down if you opt into that additional coverage.

It is an unfortunate fact that not all drivers on the road adhere to the laws about minimum insurance requirements. Many insurers allow you to opt in to coverage for damages caused by uninsured or underinsured drivers to minimize the amount you pay out of pocket for damages that aren’t covered by another driver’s insurance.

As this comparison shows, choosing the minimum auto insurance required by law isn’t always the best option. Keep the differences between liability and full-coverage insurance in mind when purchasing auto insurance so you can find the insurance policy that will best protect your vehicle. Consider contacting local insurance providers, such as Northeast Insurance Agency, to learn more about their policies so you can choose the plan that’s best for you.