Vehicle Insurance

A:

Uninsured motorist insurance is a type of automobile insurance that protects a driver if they are involved in an accident with someone who does not have liability coverage. The options and limits for this coverage vary by state.

See Full Answer
Filed Under:
  • What is uninsured motorist insurance?

    Q: What is uninsured motorist insurance?

    A: Uninsured motorist insurance is a type of automobile insurance that protects a driver if they are involved in an accident with someone who does not have liability coverage. The options and limits for this coverage vary by state.
    See Full Answer
    Filed Under:
  • How do you get short-term car insurance?

    Q: How do you get short-term car insurance?

    A: A number of auto insurance companies provide short-term or temporary vehicle insurance. These policies, which can provide coverage from one day to eight months, are procured in the same manner as traditional auto insurance policies. However, because of their limited supply (not all insurance providers offer short-term auto insurance) and relatively high-cost, it is essential to review as many temporary plans as possible.
    See Full Answer
    Filed Under:
  • How do you compare auto insurance companies?

    Q: How do you compare auto insurance companies?

    A: When researching auto insurance policies, consumers should get at least three quotes from competing companies, either by contacting respective options via phone or online. Side-by-side comparison quotes are helpful because they allow people to quickly see differences in available coverage limits.
    See Full Answer
    Filed Under:
  • What does liability insurance cover?

    Q: What does liability insurance cover?

    A: Liability insurance covers injuries, accidents and negligence for which a person or business is held responsible, according to Investopedia. A liability insurance policy pays for the medical expenses and compensation to the individual involved and other costs associated with a lawsuit, such as lawyer fees and court costs. A liability insurance policy saves a person or business from losing large sums of money due to a lawsuit.
    See Full Answer
    Filed Under:
  • How much liability car insurance is necessary?

    Q: How much liability car insurance is necessary?

    A: According to the Department of Motor Vehicles, how much liability insurance is required depends on the state in which you live. Most states have a minimum limit that drivers must have, but some states do not require any liability insurance at all.
    See Full Answer
    Filed Under:
  • What are the Consumer Report's top picks for auto insurance providers?

    Q: What are the Consumer Report's top picks for auto insurance providers?

    A: In its published review of October 2010, Consumer Reports rated Amica, Auto-Owners, NJM and USAA among the top tier of auto insurance providers. These four companies scored 92 percent out of 100 in overall customer satisfaction. The full report includes ratings for 22 major insurers that handle auto claims.
    See Full Answer
    Filed Under:
  • What is collision insurance ?

    Q: What is collision insurance ?

    A: Collision insurance is a type of automobile insurance that covers the cost of the damage sustained in collision with another car, object or in a vehicle rollover. A deductible may have to be met before the insurance covers the damage.
    See Full Answer
    Filed Under:
  • What are the steps to joining AAA?

    Q: What are the steps to joining AAA?

    A: Join the American Automobile Association, or AAA, most conveniently by accessing the official AAA website. There, you can compare the various member plans, choose the right one for you, fill out the application and pay the applicable fee. You can also join by mailing in an application or visiting a AAA shop.
    See Full Answer
    Filed Under:
  • What is a collision deductible on your auto insurance?

    Q: What is a collision deductible on your auto insurance?

    A: A collision deductible is the amount of money to be paid by the policyholder for damages in the event of a collision. The insurance company pays the rest of the costs incurred due to the collision.
    See Full Answer
    Filed Under:
  • What are some car insurance policies for classic cars?

    Q: What are some car insurance policies for classic cars?

    A: A person who owns a classic car should purchase an agreed value insurance policy, in which the car owner and the insurance agent agree on the value of the car and write it into policy as the amount paid in case of a total loss, notes HowStuffWorks. Classic car owners who want lower premiums can choose stated value insurance policies, states About.com.
    See Full Answer
    Filed Under:
  • How do you find AAA office locations near you?

    Q: How do you find AAA office locations near you?

    A: You can find AAA office locations on AAA's official website. Depending on your location, the website may redirect you to a state-specific page for AAA.
    See Full Answer
    Filed Under:
  • Q: How can you compare auto insurance quotes in California?

    A: To compare auto insurance quotes in California, enter your ZIP code and some general information about your vehicle and driver history at OnlineAutoInsurance.com. As of 2015, the site offers quotes for auto insurance companies such as Progressive, Infinity and GMAC.
    See Full Answer
    Filed Under:
  • Q: What auto insurance codes should you be aware of?

    A: Auto insurance firms use codes, ranging from one to 27, to indicate the level of risk, and thus the size of premiums, that apply to specific vehicles, explains AutoInsurance.org. The progression from code one to code 27 signals increasingly higher premiums and levels of risk. In addition, auto insurers use company-specific codes that state agencies and organizations such as the National Association of Insurance Commissioners, or NAIC, assign to firms in the insurance industry, notes the Insurance Library Association.
    See Full Answer
    Filed Under:
  • Q: What is IAA?

    A: IAAI, also known as Insurance Auto Auctions, is an automobile auction service that allows insurance companies and individuals to sell automobiles on its website. Vehicles that are sold by insurance companies on the platform tend to be vehicles that are categorized as total loss.
    See Full Answer
    Filed Under:
  • Q: What services does MyInsuranceInfo offer?

    A: As of 2016, the services MyInsuranceInfo offers include accepting verification of insurance coverage and maintaining insurance status information for borrowers and secured lenders, according to First United Credit Union. Borrowers who obtain loans using vehicles or other property as collateral often need to show the lenders that they carry physical damage insurance coverage for the property. Borrowers submit proof of insurance through the website MyInsuranceInfo.com by providing their lender notification and their insurance documents, according to Allied Solutions LLC.
    See Full Answer
    Filed Under:
  • Q: Why is having auto insurance important?

    A: Auto insurance proves important for several reasons: it offers drivers financial protection in accidents, reduces or eliminates costly fees arising from automobile accidents and provides compensation for vehicle loss and damage sustained through accidents, natural events, theft and damage, say experts at Allstate. Auto insurance essentially acts like other types of insurance, such as home, life and medical insurance. Customers purchase auto insurance for a certain price, and in turn receive a set amount of financial compensation for devastating events and losses falling under the scope of coverage.
    See Full Answer
    Filed Under:
  • Q: What are the advantages of having AAA auto insurance?

    A: AAA auto insurance offers substantial policy, driver and vehicle discounts, competitive rates, and prompt, dependable service, according to AAA Automobile Club of Southern California. AAA offers flexible premium payments, and auto policyholders can receive savings dividends on their automobile insurance policies when their policy terms end, although AAA does not guarantee dividend payments. Members have reported saving hundreds of dollars after switching from major insurance companies.
    See Full Answer
    Filed Under:
  • What are some tips for choosing motorbike insurance?

    Q: What are some tips for choosing motorbike insurance?

    A: Some tips for choosing motorbike insurance include shopping around for lower-priced deals and inquiring from other bikers or insurance agents about available offers, according to Bankrate. By completing a motorcycle safety course or by joining a motorcycle club, individuals are more likely to qualify for certain insurance bargains.
    See Full Answer
    Filed Under:
  • What is the average daily cost of car insurance?

    Q: What is the average daily cost of car insurance?

    A: Car insurance rates may vary from state to state, but, on average, drivers pay between $2 and $5 a day for their car insurance as of 2015, says Value Penguin. Different programs and additional coverage may also affect the daily price of the insurance.
    See Full Answer
    Filed Under:
  • What kind of cars qualify for low-cost insurance?

    Q: What kind of cars qualify for low-cost insurance?

    A: A car with high safety ratings and a small engine qualifies for low cost insurance, according to MoneyCrashers.com. Using anti-theft features and investing in a car with a lower risk of theft raises the chances of getting discounts on insurance premiums, notes DMV.org.
    See Full Answer
    Filed Under:
  • How do you choose boat insurance?

    Q: How do you choose boat insurance?

    A: When choosing boat insurance, see if you save any money by bundling the policy with other policies, such as homeowners and car insurance, recommends Bankrate. Also, determine if you want an agreed-value policy or a market-value policy. In general, newer boats have agreed-value policies.
    See Full Answer
    Filed Under:

Explore Insurance