Tiger Woods : New Jersey: Please tell me about comparative negligence which is applicable under auto insurance? Please explain to me when this condition comes into force in auto insurance.
Response : The Comparative Negligence Act is not prevalent in all parts of USA. New Jersey has a “comparative negligence” law under auto insurance or car insurance but it comes into play only at the time of claim. When an auto accident takes place more than one person can be at fault in an accident. Und
Reports indicate that the number of car rentals have boomed during the final quarter of 2009, which experts say is a result to the continuous hike in car operating costs and auto insurance premiums. As the costs of owning a car goes up, people who do not need to own a vehicle now lean on renting a car instead of buying one. Likewise, those who previously own an old vehicle prefer to rent newer models than to purchase them. For those who prefer car rental, the next question is – will your auto insurance cover for your rented vehicle?
To assist consumers on making auto insurance purchases, local groups are starting campaigns that promote information regarding extending the coverage of existing policies for car rentals. As
Consumers who are in the market for auto insurance can best cut back on premium costs by understanding the coverage levels. Some policies are critical, others are advantageous, and there are some that are just unnecessary will only make auto insurance more expensive.
Based from the records compiled by the National Highway Traffic Safety Administration, roughly 43,000 motorists die from fatal vehicle accidents every year in the US. From these accidents, around 2.9 million citizens end up injured each year. Insurance insiders say that the number of injured motorists means millions of dollars in insurance claim costs and also reflect thousands of dollars in expenses if the driver involved is not insured.
Whether your current auto insurance policy is about to expire or you’re somewhere in the middle of the cycle, it’s never a bad idea to take a look around and see what is available to you as far as auto insurance prices go. It never hurts to do a little investigating if you end up saving money in the end, right? There’s only one way to find out if you’re paying more than you should be on your current auto insurance policy. Get an auto insurance online quote for all of the insurance companies that provide coverage in your area.
There are plenty of websites that give you side by side comparisons of auto insurance policies in your area.
Jim Edwards : I find that the auto insurance company demand information about people who live with you? Can they really do this? If I do not declare this when I compare auto insurance quotes online is it fine?
Response : The insurance companies do not want to get any information from you which is not pertaining to the risk. Since the insurance companies are insuring your car, they need to know who lives with you only to know who would be using the car. The car cannot run by itself and it is the driver who is steering the vehicle and so the main risk is the driver of the vehicle.
The state of Florida mandates its drivers to carry a car insurance policy that includes the coverage for both damage to third party properties and personal damages. However, a recent study conducted by a major insurance consultancy firm in Florida reveals that motorists think about buying higher limits on top of the minimum requirements due to the fact that the added coverage may be relatively low compared to the cost of property damage and medical expenses caused by being involved in a car accident.
According to reports, state authorities in Florida are considering to upgrade their insurance laws and increase the state’s mandated policy requirements. I
Jeff Walker : Can you give me some tips with regards to auto insurance policy?
Response : Sure Jeff, it is always a pleasure to talk about insurance at any time of the day. Here are some tips for auto insurance policy renewal or cancellation which most of us over-look, but are very important for any of us :
Car Insurance Policy Renewal :
• The insurance company should send you the renewal notice approximately 30 days before it expires. This is basically to allow you to make the relevant changes in the policy, review auto insurance coverage, compare auto insurance quotes and shop aorund.
• If you do not make payment of the premium before the renewal day, the policy coverage will lapse and your policy will be treated as a new coverage. You
According to the article “Car Insurance Scofflaws Raise Health Mandate Doubt” by Kristen Wyatt from the Associated Press found on Google, thousands of people on the road do not carry auto insurance even though most states require it. This raises the question of the effectiveness of a health insurance mandate working. It is something Congress continues to consider.
There have been auto insurance mandates out there for about 40 years and the insurance industry says it has not necessarily made the roads safer nor has it lowered auto insurance rates. The President and CEO of the Property Casualty Insurers Association of America believes that a driver’s personal financial situation is a better indicator of whether or not they will carry auto insurance. High auto insurance rates may force a driver who is strapped for cash to go uninsured.
States with higher poverty levels have a similar correlation with the amount of uninsured drivers are on the road. People cut back on auto insurance when they can’t afford it and there is a real possibility that if they make health insurance a requirement the same thing will happen. People cut costs where they can in times of trouble and although health insurance and auto insurance are both highly important coverages, people risk going without it to put food on the table and keep water in their home.
What should I consider when choosing my deductible?
If you carry collision or comprehensive coverage on your auto insurance, you will have to choose your deductibles when you set up your policy. Most insurers provide policyholders with four or five different deductible options from which to choose. The deductible you select is the amount you agree to pay without your insurer’s assistance in the event of a covered loss. Although you are free to choose any deductible you wish, some deductibles may be inappropriate for your needs. Read on to learn more about setting your own car insurance deductibles.
Every insurance carrier will offer different deductible possibilities to its policyholders. M
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