How to Keep Down Automobile Insurance Costs
One way to pare down automobile insurance costs is to purchase an automobile that is less expensive to repair than other vehicles under consideration. The most deliberate way to make this type of comparison is to look for various vehicles’ ratings in the “Relative Collision Insurance Cost Information Booklet,” which is available each year from the National Highway Traffic Safety Administration. In addition, the Highway Loss Data Institute provides data on each make and model’s relative-loss costs for liability (bodily injury, personal injury, medical payments, and property damage) in addition to data for collision and comprehensive costs. All these factors help determine how costly automobile insurance will be for any specific vehicle.
NOTE: The simplest way to find out how much it will cost to insure a car is to ask your insurance agent for a premium quote before you make your purchase decision.Read More
The Dangers of Sharing too Much Information
If the vehicle that you are driving is involved in a crash with another automobile, how much information should you share with the other driver? According to a survey conducted last year by the National Association of Insurance Commissioners (NAIC), many drivers are actually sharing too much information. While state laws vary, the general recommendation is that you provide only your name and auto insurance information (including the name and phone number of your auto insurance provider). However, the NAIC survey reveals that 38% of respondents thought they should share their driver’s license information, their home address (25%), and/or telephone number (29%). The NAIC warns that sharing this additional personal information makes drivers more vulnerable to identity theft and robbery.
NOTE: According to the NAIC survey mentioned above, nearly 20% of respondents believed that they should only call the police after an accident if a person is injured. However, filing a police report can help facilitate the insurance claim process regardless.Read More
Learning Safe Driving in the Winter
On the east coast snow and bad weather is just a part of life. And when snow is coming down outside it is usually best to just stay indoors and wait it out. But when that isn’t an option there are several best practices to follow to stay safe on wintry roads. If you drive reckless in the snow ad get in an accident, your auto insurance rates will increase. If you live in Connecticut or really anywhere that has harsh winters you surely have your own technique for driving in the snow. But it’s never too late to learn a few new tricks. That’s why we decided to share Travelers’ Driving Safely in Winter Weather Guide.
You’ll find some great tips for staying safe while driving during the winter, so check it out.Read More
The Dangers of Motorcycles
For many obvious reasons and others that are not so obvious, such as adverse road conditions and inattentiveness on the part of other drivers, riding on two wheels may be inherently more dangerous than riding in a four-wheel vehicle.Read More
Do You Really Know What Your Auto Insurance Covers?
Even though vehicle owners may think they have enough auto insurance coverage to protect them from just about any eventuality, it should be pointed out that nearly 14 percent of motorists are uninsured.Read More