Will Your Premium Go Up If You File A Claim?
So you’ve had an accident and you may need to file a claim? But you’re worried about the effects on your next renewal. Will your insurance go up or will it stay the same?
It’s a no-brainer if your premium stays the same – file the claim. But if your rates go up, isn’t that where the insurance company gets their money back? I know what you’re thinking because I ask myself the same questions.
Auto Insurance Quotes
Getting quotes for auto insurance is not difficult. However, shopping for car insurance is not usually a top priority for most of us. But when looking to trim down your monthly expenses, it’s worth the time to get some insurance quotes. Consider it an investment. In the right situation, you could save a $150 or more every month on your car insurance.
What Is Liability Coverage?
Liability coverage is the main reason people purchase auto insurance. That’s because your state probably requires it. There are many coverages you can get on a car insurance policy. What exactly is “liability coverage”?
What Happens if You Cancel Your Auto Insurance?
If you’re still driving, cancelling your car insurance can be a serious matter. Should you decide to drop coverage and NOT find a new policy, there are consequences to consider.
Not only do you have to worry about state laws and cancellation fees with your insurance company, but you should also think about how it will affect your next auto policy.
Switching Insurance Agents
What happens when you’re ready to switch insurance agents? If something happens at your local insurance office and you’re no longer comfortable dealing with the same people, it may be time to look somewhere else.
Many companies still use the agency-model for selling and servicing policies. State Farm, Allstate, Nationwide, & Farmers are major auto insurers that still use local agents. That means if you want to get insurance from these companies, you are usually dealing with a local agent. There are now exceptions to that rule, but that’s still the norm.
Will A ‘Hit and Run’ Raise Your Rates?
Unfortunately, ‘Hit and Run’ accidents are a fact of life on the road. Hit and Run
incidents are car accidents where one or more parties fails to stop, provide information, and render aid when necessary. In other words, if you have an accident with another vehicle and drive off – even if the other car was parked – you were involved in a Hit and Run accident.
Will Your Insurance Go Up After An Accident?
So you’ve had an accident – and you want to know if you’re going to pay more for your car insurance. Your auto insurance premiums could go up. But then again, you could pay the same. It depends on a number of factors. I’ve collected some helpful principles on whether auto premiums will increase after you have an accident.
Get Cheaper Car Insurance By Improving Your Credit Score
Three Steps to Improving Your Credit And Paying Less for Auto Insurance
All of us want to pay less for car insurance. Sometimes it feels like we are pouring hundreds of dollars down the drain, especially when we go for years without making a claim. So it makes sense to do everything you can to cut car insurance costs.
When To Drop “Full Coverage” Insurance
Four Questions To Ask Before Dropping Comprehensive And Collision On Your Vehicle
Knowing when to drop full coverage auto insurance can be tricky. As your car ages, keeping comprehensive and collision coverage may not make sense any more. Since you’re aiming to save money, it’s worth exploring when to drop full coverage.
New Car Insurance
What you should know about getting insurance for your new car.
So you’re considering a new car – now it’s time to get new car insurance. After striking a bargain at the dealer, getting all the discounts, rebates, and other incentives, you’re ready to sign the paperwork. Before you speed off the lot with your new wheels, you need to get some coverage.
