Auto Insurance - Leading Misconceptions

By Chimezirim Odimba

A lot of people have been told things regarding auto insurance and immediately just assumed it was true. Don't put much weight into things that most people tell you when in fact most of it could just be a myth. If something that you heard seems questionable then research it for yourself. If something is a myth then it needs to be exposed!

Your new car is not automatically covered by any existing policies that you might have. Surely, your insurance company would like to insure your new vehicle but they must be informed about it.

It is untrue that all states call for liability insurance by law. Look at that word, "every", for the most part, states would like you to hold liability coverage however some do not. But it is an excellent suggestion to have it.

If somebody is utilizing your vehicle and is implicated in an accident, your insurance is who will offer protection. Your rates will be likely rise as a result.

Many assume that their prices won't go up if they are mixed up in an accident since they have No Fault insurance, this is a myth! No-fault insurance guarantees that your insurance group will shell out for your damage despite whose fault the accident is. An increase in price or a negative mark on your insurance record is never promised to any client.

The top insurance price is not given males below the age of 25. The top rates are given to the elderly and teens since they are implicated in more accidents than others.

Your standard auto insurance policy won't provide you with sufficient coverage if you use your car for business. Part of how your premiums are determined does relate to your credit score.

Inform your insurance agent if you decide to give your business to another company. By doing this you can assure that your credit score will not be effected.

Your standard collision policy will not cover you against damages caused by any weather conditions, accidents that are caused from hitting something other than a person, and theft. You must have full coverage if you would like to be covered for other types of damage since collision will only protect you in the event that you are involved in a car accident. If you are traveling and run into an animal resulting in damage to your car, any collision coverage is useless.

So many people think that it costs more to insure a red vehicle which is merely a myth. In reality, the color of a car doesn't have a bearing on the payment at all.

About the Author:

To learn more go to Really Cheap Auto Insurance and Cheap California Auto Insurance. Chimezirim Odimba helps you pay less for more.

All About Insuring an Imported Car

By Tom Martens

If you are planning to purchase, or if you have already purchased, an imported car, getting the vehicle insured so you can get it on the road is a top priority. However, finding coverage for your import can be time-consuming, frustrating, and expensive. But it's not impossible. Just be ready to ask questions and possibly contact several insurance agents to get the coverage you need.

Keep in mind, while you can get a deal on importing a car, you may lose whatever money you save when you purchase insurance for the car. That is why it?s important to get an insurance quote before you import the car. Shop around and get several insurance quotes in order to get a competitive rate. If your imported vehicle is a sports car, expect to pay more for insurance. That?s because sports cars traditionally cost more to insure simply because they are more prone to accidents.

Most insurance companies will insure an imported car as long as they can locate the car?s registration number. If they cannot locate the registration number, then see if the insurance company can find the exact vehicle model in the company look up table. If that does not work, then see another insurance provider.

Some companies will only offer policies for the most popular models, and then only for market value. Other companies will write policies for modified imported vehicles as long as the modifications are not "substantial." If the modifications are deemed "substantial," then you probably need to find a carrier specializing in substantially modified imported cars. One carrier may rate your modifications are "substantial," while another may not. That's why it can be very important to do you research.

In addition, some insurance providers will not insure imports that are European versions of a UK car, but with left hand drive. This is something to keep in mind when importing a car and trying to obtain an insurance quote.

It is very important to check your import?s security fittings. This could impact the vehicle?s eligibility for coverage, as well as the cost. Not having proper security fittings can either raise the insurance premiums dramatically, or cause the provider to refuse to insure the vehicle. Make sure you get detailed information on the vehicle?s security fittings prior to having the vehicle imported.

While finding proper insurance for an imported car can be time consuming and expensive, it is not impossible. Do your homework and ask questions. Call your auto dealer and ask for insurance provider suggestions and recommendations. If your imported vehicle is a sports car, look at joining a club or organization for sports car owners. You can often get insurance at a discounted rate simply because you are a club member. Clubs often work out deals with insurance providers for their members. Ask about what benefits are available to you. Finally, make sure you purchase comprehensive insurance for your imported vehicle. This is most likely an expensive investment, and it needs to be properly and thoroughly protected.

About the Author:

Tom Martens is the content syndication coordinator for Carinsurancesa.co.za. South Arica?s leading car insurance portal.