New Drivers Don’t Have to Pay So Much for Car Insurance

Are you a new driver? If yes, are you planning on purchasing a car? I remember when I got my driver’s license, it was a few years back and I can tell you, it feels good! New drivers want to quickly buy a car and start driving on their own. However, you should know a few things before you go searching for a car to buy. With rising gas prices and other vehicle maintenance fees, it can be quite expensive to maintain a car. You not only have to pay for gas and vehicle repairs, but insurance as well. As bad as it sounds, car insurance is mandatory and you will need it.

When it comes to car insurance, it’s not just that you are a new driver, but if you are younger than twenty five, you are expected to pay more than older drivers. Younger inexperienced drivers don’t have the necessary practice with handling road conditions, calculating stopping distance and making appropriate manoeuvres. Although this may feel like a burden on you, don’t be discouraged. There are several things you can do to avoid paying as high as you should. The following are some of the things you can do from the point you get your driver’s license.

The Type of Car You Purchase: The type of vehicle you purchase will affect the cost of your insurance plan. Most young drivers have dreams and wishes to buy luxury vehicles, but they don’t realize that it will cost them quite a bit apart from the cost of the vehicle. Insurance is something you have to pay on a yearly basis, and it doesn’t cost a few hundred, but it goes well in the thousands. It is not only the luxury vehicles that have high insuring costs, but some of the well-known brands as well. Some examples include Acura, Infiniti, Lexus, and BMW just to name a few. You can sort of get an idea by looking at the price of the vehicle and its reputation in the real world.

Your Level of Driving Experience: As a new driver you don’t have much experience on the road, and the insurance company knows this very well. There are many claims submitted on a daily basis, and a large majority is from inexperienced drivers. When you approach an insurance company to provide you with coverage, they will ask you for your drivers licence, from this moment on, you are considered a new driver. In order to get a discount on your coverage, there is one thing you can do. Insurance companies have accredited driving schools around the region they operate in, and you have the opportunity to take a driving course at this school. When you pass the course, you will have showed the insurance company that you can drive safely and according to the law, and in return you will be in for a discount. You will definitely be pleased when you find out how much discount a driving course could get you!


Getting Car Insurance For Teenagers and Young Drivers

As a parent you know you make sure that your sons and daughters are safe in every possible way. One thing you can do is making sure that your teenager is safe while driving. Other than letting them know about the safety rules and how to exercise caution on the roads, you need to get them good car insurance. A good type is car insurance for teenagers. You feel comfortable that your teenage child is at least taken care of. And you don’t have to worry as much when they drive off to college or to the shopping at the mall.

Just as your car insurance works, your teenage son is protected by the insurance you get for them. A good benefit is that the car insurance for teenagers helps cover any costs involved in case of an accident. It is advisable to let your son or daughter understands how an insurance cover works. In case they are the cause of an accident then the insurance company can take care of the cost.

You are more comfortable knowing that your teenage son is driving in an insured car. You know that accidents are bound to happen any time. The peace of mind you get is simply reassuring. You can go about your business knowing that should anything happen to your son or daughter they will get good care. You should enforce the importance of practicing safe driving and observing law to your teenagers. It is always good for you to know that they are enforcing the basics on their own right. Let them know just how simple accidents are bounds to happen. And regularly accompany them while driving.

Paying car insurance for teenager is a wise investment. Just like your life cover or medical insurance you know that is money spent wisely. Even if you are not really expecting a misfortune it is wise that you still keep on paying insurance for your teenager’s car. It is money well spent as you know the implications of not having one. Your teenage daughter or son might have the misfortune of getting involved in an accident. Such a cover helps you off set any cost in case they are the cause of the accident.

In addition to taking comfort that your teenager’s car is insured you are also obeying the law. You are required to have car insurance for any automobile you possess. Paying car insurance for your teenager is just part of following the law. Otherwise they will have endless problems while driving around. While checking your teenager’s car law enforcers ensure that this is one of the things that the car possess. You can make their driving experience pleasurable and much easier by following the law.


FR44 Insurance for DUI and DWI Drivers Is Sensible

The two distinguishing features of FR44 car insurance are its higher liability limits and its exclusivity for DWI / DUI drivers. Currently only Florida and Virginia are utilizing this format in their latest efforts to curb drinking and driving. It is a program that enjoys widespread support there, and will likely be adopted by other states. When it comes to insurance, other states do not make a distinction between high risk driver groups as they mandate SR22 car insurance for all of them.

Texas leads the nation in drunken driving crashes and fatalities. Texas law enforcement has an equally impressive record of DWI arrests and citations issued. However, It is fairly commonplace everywhere to be pulled over as many states and municipalities vigorously seek out those who drink and drive. Issuing citations and prosecuting these drivers has become big business for municipalities, lawyers, insurance companies, and others. Nevertheless, enforcement is widely supported as roadways inevitably become safer from this activity. Many states may soon consider mandating increased liability limits for their DWI / DUI drivers just as Florida and Virginia have done via FR44 insurance.

A DUI convicted driver in Florida must obtain a car insurance policy with liability limits of 100/300/50 and submit proof via the FR44 certificate filing. Formerly the DUI driver in Florida only had to carry limits of 10/20/10 as evidenced by their SR22 insurance filing. In Virginia the FR44 liability limits of 50/100/40 for their DUI drivers are double required by the SR22 policy.

For several key reasons the FR44 car insurance policy has been an excellent development in Florida and Virginia. First of all, the increased liability limits is an excellent community wide benefit as more insurance coverage means more protection for an injured party. Secondly, the initial higher insurance premiums experienced by convicted drivers for the increased limits becomes a deterrent for repeating the offense. And, the increase in premiums along with other consequences endured by drunk drivers usually have an overall modifying effect on their driving habits. These drivers tend to be more careful and actually have fewer accidents and claims as evidenced by their low loss ratios.

When our family owned insurance agency began to write an increased number of DUI policies we were concerned that our insurance carriers would find this objectionable. We were very pleased to find out that several of the companies were having good performance numbers with this risk class and were encouraging more policies. As time goes on these companies are competing more and more for DWI / DUI policies with lower rates. There are still plenty of companies that penalize these drivers with high rates and cancellations, so, shopping around after a citation is important and may be necessary. Car insurance is generally the last step before convicted drivers can reinstate their license and it is often the most dreaded. Thankfully for them, car insurance usually does not turn out to be the worst of their consequences.

DUI policyholders in Florida and Virginia, upon subsequent renewals, begin to enjoy increasing discounts associated with having high liability limits. And good performance in this risk group from safer driving habits translate to improved insurance rates. In the long run these drivers actually are able to reduce their premiums while enjoying higher limits of coverage. And this is especially so as the DUI conviction begins to age, and its associated surcharge diminishes, and is eventually eliminated altogether. Many drivers, without a DUI conviction, do not have the foresight or discipline to maintain high liability limits which leads to discounts that reduce overall premiums.

It is easy to see that the FR44 insurance policy is a winning scenario for all involved. The community at large enjoys a higher level of insurance protection for their citizens, the DWI or DUI policyholders eventually pay less for more coverage, and the insurance companies, lawyers, ticket clinics, etc… make a profit. And, Overtime, the safer driving habits of the DWI / DUI driver also translate to improved insurance rates. It seems to me that all states will benefit from the sensible FR44 insurance programs that I have experienced as an independent agent in Florida and Virginia.


Car Insurance For Teenage Drivers – How Are You Going to Save Money?

If you have a teenager, then the time will come when your teenager will want to drive a car. This can be a very hectic situation for most parents, as the auto insurance premiums for teenagers will be pretty high as compared to normal auto insurance. In some cases, you may be forced to pay more than %40 of the usual amount for car insurance. The main reason for this stems from the fact that teenagers are considered to be in a higher risk group and thus as a result you won’t be able to get the car insurance at the same price as an adult.

However, you should not feel despair as you are not without options. You can find yourself different car insurance companies that are willing to give you cheap teenager car insurance. But, in order to find these cheap insurance policies for your teenager, it is important for you to be aware of some important criteria that will be instrumental in getting cheap car insurance.

1) Perhaps one of the best avenues that are open for you to get cheap car insurance for your teenager is to place your teenager in your own insurance policy for your c. This way, since you already have an insurance policy for your car, the insurance company will feel hard pressed to provide you with a lower insurance quote for your teenager.

2) If your teenager is going to use your car, then you can show your teenager as an occasional driver in your car. This is also a good way to get a lowered cost for your teenager’s auto insurance policy.

3) Especially for your teenager’s first car, try to get a car that is not very high end. This way, in case of an accident, you will not have to worry about excessive costs and more importantly, your auto insurance premiums for your teenager will be low.

4) If your car is old, then you won’t have to get a comprehensive insurance coverage and thus you will be able to have an easier time with the insurance policy.

5) If your teenager has an academic average of B average or more at their school, this academic performance can help you to get a better price on the teenager auto insurance quotes. Most insurance companies will give significant discounts for your teenager.

6) You should send your teenager to special courses that teach safety driving and the traffic rules. By enrolling and completing a safety course, you will be able to get the best possible deal in your insurance policy.

7) Teach your teenager to be a responsible driver. Make sure that they obey all traffic rules and that they pay their speeding tickets or any traffic violations that they get. This will teach them to be responsible so that they will not continue to make those mistakes.

8) Some insurance companies will give points to surveys completed by teenager on responsible driving patterns. Enroll them in these surveys to get a better deal.


Insurance for Convicted Drivers

You know the importance of car insurance. However, it may be expensive for you to get car insurance if you are convicted of a criminal offense. Moreover, the cost will be higher if you committed an offensive related to driving in the past. In this case, we suggest that you consider insurance for convicted drivers. Let’s know more.

Convicted drivers and car insurance

For convicts, it’s hard to get car insurance. The reason is that insurance companies think that convicted drivers are a financial risk because these drivers are more likely to have an accident down the road. So, the chances of convicted drivers making a claim are higher.

There are some specialized insurance companies that offer insurance for drivers who were convicted of a criminal offence in the past. Many of them offer insurance to those who committed other violations, such as burglary. Some insurers provide coverage for those who break motoring laws as well. We suggest that you look for an insurance company that meets your financial needs.

Types of insurance for convicted drivers

If you need a basic insurance, we suggest that you take into account the third party insurance. However, you need to keep in mind that this insurance covers damages caused to the property of other people. And the damages may have an effect on the car or property. Moreover, the third party insurance won’t include damages to the vehicle or convicted driver.

Another type of insurance is Third Party, Fire and Theft. It provides protection with the convicted drivers in case of claims made by another driver or party. This will give you protection even if your car is destroyed or stolen.

The third type of insurance policy is known as comprehensive cover. This includes both of the types of insurance described above. Keep in mind that the policy will provide coverage for the cost of the car of a convicted driver if the car faces an accident because of the fault of the driver.

Reduction in premium costs

Once you have got the insurance policy, you may want to keep the insurance premiums low. You can do this in many ways. For instance, you can raise your excess which is the part of the insurance claim that will be paid by you. Make sure you don’t increase the excess too much or you won’t be able to bear the cost.

Another way of reducing the cost of the insurance is to drive less. Since the cost of premiums is based on the mileage of your car, you can keep the cost down by reducing the mileage.

The third way of reducing the cost is by keeping your vehicle safe and secured. For instance, you can keep your car in a garage. You can also consider an approved alarm if you can afford it. Aside from this, you can consider a black box policy to cut down on the insurance premiums. All you have to do is get a black box installed on your car.

Long story short, if you are a convict, we suggest that you consider a convicted car insurance policy.


Getting Covered Need Not Cost Much For Moped Drivers

With growing families, it is not always possible for all the teens to get a car of their own these days. Those who used to buy gas guzzlers have realized that they become too expensive especially when all the costs are added up. However, for some people, letting their kids become more independent is very important so they are opting to buy them bikes or scooters so that they can get to school and also have some freedom. Moped insurance though is very necessary and can often be added onto the car insurance already in existence. Insurance for mopeds is not really very expensive, but those who are clever can sometimes save a few bucks here and there if they make the right choices.

One thing that people should do is to check with several companies as to what kind of rates and special offers they have. If the parents are with one particular company and they have had a good record so far, then they may well be able to add-on this extra vehicle at a low-cost. However, they should ensure that the driver is educated first since any minor mishap could reflect on the cover for the parents if this is a joint cover.

Most covers for any kind of vehicle will have a no claims bonus attached. That is, if no claims have been made in the preceding year, their policy cost will undoubtedly go down. This can go on for several years until they get around fifty percent off the full amount. People protect this bonus very carefully since it can save hundreds or even thousands of dollars in the long run.

If the driver of the new vehicle is not that experienced, or if the parent thinks that there may some minor mishaps along the way, it is imperative that they get their own cover separate from the parents so that the no claims bonus is protected. It may be better to spend out a bit more at the beginning until the driver has proved themselves, rather than make the mistake of saving some dollars up front and regretting it later on down the line.

Also, the make and model of the new bike may be called into question too if there has been reports of common faults etc. Imported machines from other countries usually have bad reputations and it is this that will put the cost of cover up eventually. It may be best to source a machine from the local area, or one that has been known to be relatively safe before letting the average teen loose on it. Not only will this save money in the long run, it may also save them from having unnecessary accidents too.

Finally, those who have been covered for years without accidents undoubtedly get the best rates when it comes to cover. Teach the new driver why this is important since they very often are not aware of this situation. They may not also realize that having no cover is highly dangerous too so they should be schooled in this very carefully.


Why Auto Insurance Companies Charge More For Motorcycle Drivers

Just about every state has specific requirements for getting a motorcycle license and generally the requirements will include taking a motorcycle training class. Throughout the course you will take both written exams as well as hands on drives so that you can gain both experience and awareness when driving a motorcycle. Assuming you have already completed the requirements that exist in your state to get your motorcycle license, then you are probably ready to get on the road.

Before you can begin driving your motorcycle legally, you have to insure your new vehicle. The type of insurance you receive as well as the cost of that insurance is going to rely solely on a few factors that differ between every individual.

The bike that you drive The most common reason for increased prices with motorcycle insurance is the type of bike that you drive. Sometimes insurance companies will raise your price if you drive a faster back than others. Usually, the type of bike you drive says a lot about your character. If you buy a crotch rocket with a lot of horse power you can expect your insurance company to tack on some additional costs to your monthly payment. Secondly, your age as well as the location you live in will also affect the outcome of your auto insurance.

Your age and character traits If you are young and you live in a over populated area then these two factors combined together are going to mean trouble. Lots of traffic and an overly aggressive driver which is usually associated with young drivers are going to mean bad things to the insurance company and therefore they will be more hesitant to give you cheaper insurance.

Your driving history One of the more obvious reasons that insurance companies increase prices for a motorcycle driver is your driving history. If you have been in an accident or especially if you have gotten speeding tickets before then you can expect to pay a higher rate.

Shop around for better prices Before you conclude your research and just to go with any old insurance provider because maybe you can't improve on any of these areas, you should explore your options to find cheaper and better insurance. There are lots of auto insurance estimates that can provide you with a run down of prices that compare all of the top insurance companies. You should always shop around before you buy anything, that's the golden rule and it is exceptionally true for auto insurance.


Motorcycle Insurance for Young Drivers – How to Get a Cheaper Policy

It can be enjoyable to drive a car, but driving a motorcycle is very exciting. There is nothing to beat the experience of riding a bike, especially at night, as you cut through the cool breeze and drive through the haze of lights.

Compared to cars, motorcycles are frequently less costly, but have higher fuel efficiency. These factors prompt many, including teenagers, to be included among the four million owners of motorcycles in the US. Just like cars, insurance is mandatory for driving motorcycles. However, no matter how sleek or fast a motorcycle may be, it is vulnerable to accidents.Unless adequate precautionary measures are taken, it can indeed be very hazardous to drive motorcycles.

Motorcycle insurance aims to totally protect your motorcycle against accidents while being driven on the road, as also against natural disasters. Motorcycle insurance provides nearly the same coverage as car insurance, but the rates are different. The expense of motorcycle insurance is lower than that of a car, as the extent of damage that a motorcycle may cause is less than what a car may cause. For example, having an accident with a car, the motorcycle is more likely to bear most of the brunt.

Statistics reveal that teenage drivers are more frequently involved in accidents, compared to older drivers. Apparently, teenage drivers expose insurance companies to more risks. So, quite like car insurance, motorcycle insurance for teenagers costs more. Yet, every teenager is not treated at the same level as far as the amount of the premium is concerned.

A number of factors come into play when computing the rate of motorcycle insurance for teenagers. For instance, when a parent includes a teenager in their policy, the insurance charge is lowered. Moreover, when driving an insured motorcycle, one gets extremely low rate, compared to driving one's own motorcycle.

The charges for insurance premiums usually take into account the attitude of the teenager towards driving. Factors that affect the amount of insurance premium of motorcycles include the distance traveled by the teenager to his school or workplace, how frequently he drives the motorcycle and the speed at which he drives. The price of the premium substantially comes down if the teenager has good driving habits, including wearing helmets whenever driving, not making use of smart phones at the time of driving, plus using additional safety accessories like elbow and knee pads.

The expense of motorcycle insurance is affected even by the grades scored at school. Insurance companies hold the opinion that students who work hard to get superior grades are likely to be more responsible while driving. Drivers who stand out in their studies are entitled to massive discounts on insurance premiums.

Many other habits can help improve the rating of a teenage driver. One such habit is to complete an acknowledged driver education, including safety course, which educates the teenager on the fundamentals of safe, responsible driving. One more option that enables you to qualify for additional discounts is to finish a course in defense driving.

Taking consideration of all these factors, it is not difficult to arrive at roughly the same conclusion: Doing things responsibly, including driving motorcycles, is rewarding.


Insurance For Truck Drivers – The Coverage You Need

First, truckers, tractors, and trailers, are insured as commercial equipment and not automatically afforded the coverage extensions of a personal auto policy. Electronics, loading equipment, load securing equipment, rental reimbursement and personal property are insured differently and are not automatically covered.

Commercial Auto Liability is pretty straight forward. If a trucker has ICC Authority, a filing for proof of financial responsibility will be given to the Feds. Filings are what keeps a trucker compliant with federal (ICC) authority requirements. Uninsured / Under Insured Motorist is also helpful for a trucker that has been injured by a vehicle with out insurance. Medical payments are useful when some one is injured in and on your truck.

Cargo insurance covers the truckers’ responsibility for others goods he is hauling. There are 3 different forms or policies: Named Perils and Theft which is narrow in coverage, Broad Form which adds certain coverage to the basic form and All Risk coverage which offers coverage for all causes unless excluded by language in the policy. Regardless of the form, There are certain coverages a trucker would need. Truckers should buy cargo coverage equal to the highest value of goods they haul. Some policies have a co-insurance clause that can limit coverage limits if you are hauling a higher value load than the limit insured on your policy.

1) A refrigerated carrier would need Reefer Malfunction or Reefer Breakdown coverage to cover the damage from freezing or spoilage incurred if his reefer unit breaks down. Remember to find out if the policy covers a mistake in setting the temperature control device. Most reefer policies only cover in case of a unit breakdown or malfunction.

2) A flat bed carrier should have a wetness coverage or endorsement in the event his load is damaged from rain or snow. Most policies have a tarpaulin endorsement that limits coverage to loads that are properly covered. Sometimes a tarp can be damaged or blow loose due to no fault of the trucker resulting in damage to the load that may not be covered unless wetness coverage is added. Coverage for tarps, chains and binders is also desired to replace stolen or damaged binding equipment that are not other wise covered.

3) A dry van carrier would be advised to make sure that shifting of a load is covered. In this type of operation, larger and longer trailers are used and load securing equipment can fail. These instances are rare but do happen.

Every trucker should have earned freight coverage on his cargo policy. This coverage pays for lost revenue when he is not able to deliver his load due to a covered loss. Disposal and cleanup coverage for a loss should be at least $10, 000.

Physical Damage coverage is generally to repair the tractor and trailer in case of a covered loss. This coverage is insured on a stated value. The value set for the equipment is the truckers responsibility. The insurance company will pay a loss based on equipment of like quality. That means market value. So the trucker should make sure his values are accurate. Remember you will pay a deductible for each unit unless your policy has a combined deductible endorsement. Also towing is only for a covered loss not disablement or breakdown. Many policies pay losses and include towing and storage limits in the stated amount of the vehicle, so if you have a loss and a big tow or storage bill, the policy limit may not cover all your loss. Towing coverage can and should be purchased in addition to physical damage. Make sure your towing policy covers disablement and roadside service.

Electronics like cell phones, televisions and radios are generally not covered unless you buy additional coverage. Your personal property is also not covered unless specifically covered in the policy but may be covered by your home owners insurance. Rental reimbursement is also not automatically covered.

I’ve insured truckers for many years and know the emotional attachment to their trucks can be very strong, but the insurance companies see them as a piece of equipment used to generate revenue. Therefore, the older they are and more miles they have, the less money they are worth. Also betterment issues come into play. Tractors run many more miles than automobiles and have a longer life. The average tractor travels between 115, 000-135, 000 miles a year. Some insurance companies take this into consideration when replacing an engine or suspension part after a wreck. If the part life is expected to be 500, 000 miles and you have a wreck at 250, 000 miles some insurance companies will only pay half of the replacement value of the part because half of the parts expected life has been used. If an agent does not know how his insurance company handles this upfront, there may be hell to pay.

General Liability is for incidental liability exposure not covered by the commercial auto policy. This is a good coverage for auto haulers who may drive vehicles to a location after they are unloaded from a trailer. Also a trucker that uses his own forklift to load and unload cargo.

Workers Compensation is required for injury to truckers or their employees. Occupational Accident is a low cost alternative with certain coverage advantages and disadvantages. It is always best to see a Truck Insurance Specialist to explain all these coverages and to get advise on particular types of trucking risks.

For more info about me and truck related issues, see the links below.