Popular Myths on Auto Insurance


The internet has made buying car insurance much easier than it used to be. No longer do you have to drive to your insurance agent's office, haggle over coverages and deductibles and be pushed into a policy that isn't right for you. Enter Zip Code: Compare Prices Most major car insurance companies now allow you to quote and purchase a policy right from the comfort of your own home. Shop in your pajamas if you want! This convenience is not without risk, however. Insurance agents are trained to spot situations where your car insurance policy may leave a coverage gap. This car insurance buyers guide can help you:

 

The internet has made buying car insurance much easier than it used to be. No longer do you have to drive to your insurance agent's office, haggle over coverages and deductibles and be pushed into a policy that isn't right for you.Most major car insurance companies now allow you to quote and purchase a policy right from the comfort of your own home. Shop in your pajamas if you want! This convenience is not without risk, however. Insurance agents are trained to spot situations where your car insurance policy may leave a coverage gap. This car insurance buyers guide can help you。 Consumers shopping for car insurance have a myriad of companies to choose from. The right company for you may depend on your perception of companies from what you see on television, from neighbors' opinions, from online forums or insurance company reviews, or maybe you have no insurance company preference and just want the lowest car insurance rates.

 

Unconfirmed if Bonnie Parker had auto insurance. Presumably not.

  This article brought to you by Insurance Hunter Next to a home, a vehicle is likely the common person's most valuable asset. Like a home, vehicle insurance expense is a major monthly expense. Very much unlike a home, car ownership carries significant risks of liability and negligence. Best to be prepared with the right kind of coverage. Part of being prepared is discounting popular myths and misconceptions. Many times debunked, yet more persistent and pernicious than crabgrass is the silly myth that the vehicle's color will impact insurance costs. Wrong. Insurance companies don't really care a whit about color, but more about year, make and model, and is it popular with thieves. A zippy red Mustang convertible will … [Read more...]

 

Save Money On Your Car This Year

1885 Benz

  A car, it could be said, may be among a person's most prized possessions. Cars can get a person where they need to go, whether down the street or across a state. They are not cheap to own, however, and this can cause many owners grief. How can they hope to save money, aside from looking into car insurance for young drivers? 1. Compare Car Insurance Companies When the time comes for a person to get or replace the insurance that they may already have, they should consider comparing companies. Should they go with the first company that they come across to save time, they may not be saving money. Whether they are looking for car insurance for young drivers or something else, research is needed in order to save money.  2. Follow … [Read more...]

What Won’t Your Travel Insurance Cover?

Many people are so excited about a traveling trip that they do not check whether they have all the essentials. Yes, you must have travel insurance and you must know what the exchange rates are if you visit a certain country. You must also ensure that you know exactly what is covered by your insurance. As you may realize, travel insurance does not cover everything, but keep these exceptions in mind when you arrange your next trip. Exceptions: You are not covered by your travel insurance if your tour operator cancels on you for any reason. Terrorism is covered but civil unrest and acts of war are not. So, it's better not to plan a visit to war torn countries, however attractive it sounds. Many travel insurance packages … [Read more...]

A Brief History of Insurance

The Clipper Ship "Flying Cloud" off the Needles, Isle of Wight, by James E. Buttersworth, 1859-60.

The need to protect ourselves against risks is one of the oldest and most primal instinct. From thorny kraals and fires to keep out prey animals at night, to having a rear guard to defend the supply wagon train from attack, humans have always sought to ensure safety and security. Insurance dates back to ancient Egypt, to 2,700 BC. Historians believe that guilds of stonemasons banded together to create a type of mutual assurance fund to cover their funerary expenses. There is similar recorded evidence of the assurance funds for masons in the the Roman Empire. The human endeavor most directly responsible for the development of risk insurance was surely maritime trade and navigation. Once early traders set sail in a hugely expensive … [Read more...]