Kim Roach: I am a college student and looking for the best car insurance rates? Is it okay if I do not opt for certain coverages like uninsured driver auto insurance? What happens when you get into an accident with a driver who has no auto insurance coverage? Will I get this benefit even if I do not have uninsured drivers coverage?
Response :As a college studnet I understand the need to having very cheap auto insurance rates and still wanting the best auto insurance coverages. Let me inform you that presently in the USA one driver out of every six driver is uninsured. Hence presently, this is one of the compelling reasons why you need to have auto insurance coverage and besides this you need an uninsured driver or underinsured drivers coverage. The main reason for insurance is to help you not getting into financial problems. If you do not have the best car insurance coverages than the very purpose of auto insurance would be defeated when something unwanted happens.
The underinsured or uninsured drivers car insurance coverage is not mandatory in all states of the USA. It is a coverage which is priced very low and hence it is safer to have it than not have it at this juncture when there is a large amount of people who are driving the highways and by ways of USA without insurance. .
Here are a scenario about what happens when an insured driver collides with an uninsured or underinsured driver:
• Uninsured driver – If your car collides with an uninsured driver and he or she is at fault, than your uninsured drivers coverage will pay for the repairs of your car and also any injury that you or any passengers in your car sustain. The only part is that your insurance company should conclude that you were not at fault. This is not so much of a problem since the traffic rules and deciding who is at fault is already laid down as per the traffic guidelines and the insurance regulations which the insurance companies have to abide to. You will need to get as much information from the driver and relay it to your insurance company. Depending on who is at fault and what was damaged, your insurance company will reimburse the damage to your car but probably at the expense of your premiums. The main thing to focus here is that this would not be considered a claim under your policy for underwriting purpose and so your insurance premium will not shoot up in the subsequent year. You will want to consider a lawsuit against the uninsured driver in this case or if your insurance company agrees they would pay you and you will subrogate the rights against the uninsured driver to them. In the question of underinsured driver it is the same case as above. What you need to consider is that you would be a winner in either situation if an accident happens.
Yes, this is given at the best car insurance rates since the premium for this is not high – it is purely based on the insurance industry claim data for such incidents, which is very low.
For getting cheap auto insurance quotes and best car insurance rates, please refer to my earlier post on the same on this blog. It would be a pleasure to answer any further questions you have once you have dig into and read my posts.

Thanks.
Kamlesh

Bryan : I am a college student and I do have a college student auto insurance. I am looking for the best car insurance rates and do go online for teen auto insurance quotes. However, I donot know the basics of auto insurance so I need help.

Response : Bryan, an excellect question and I am going to walk you through finding the best car insurance rates and cheap auto insurance quotes for college student car insurance. The key to this is first to know the basics of the auto insurance. So lets start with the car insurance coverages. I am going to explain the coverages in a very easy way so that you can easily remember and it will be easy for you to decide on the limits that you want to opt for these car insurance coverages :
There are basically the car or auto insurance coverage can be broken down into 4 scenarios. The liablity coverage is an auto insurance coverage which is mandatory in almost all states of USA. Some states have compulsory uninsured car insurance coverage.
1. Liability coverage : Liability insurance issubdivided into Bodily injury liablity and Property insurance liability.
a.Bodily injury liability (BI) coverage covers you if you cause an accident in which someone else is hurt or killed. State laws differ as to how much you are required to carry. Many financial experts recommend carrying at least $100,000 per person and $300,000 per occurance – commonly expressed as “100/300.” Consider what assets you have to protect and what you can afford before you decide to purchae this.
b.Property damage liability (PD) coverage covers you when you damage someone else’s property. Usually it’s someone else’s car, but it could apply to buildings, utility poles, garage doors, and other physical property. State laws determine the minimum you must purchase.
This is the coverage when you cause injury to someone else or damage to the property of someone else.
2. Uninsured/Underinsured motorist (UM/UIM) coverage covers medical and other expenses when you are hit by a driver without adequate auto insurance. Whether this coverage is mandatory or optional depends on your state laws. You can purchase additional coverage to pay for damage to your car if hit by an uninsured motorist, but many people instead just purchase collision and comprehensive.
Now coming to coverages which are not compulsory and are for your own benefit are :
3.Own damage car insurance coverage:
This are for your own car. There are two coverages which you can take for any damage to your car :
a. Collision coverage covers damage to your car if you run into another car, a brick wall, a fire hydrant, or other object. This coverage is not required by law, though your bank may require it if you have an auto loan. You may choose a deductible on this coverage—what you must first pay out-of-pocket for a claim before the insurance kicks in.
b. Comprehensive coverage covers you in case your car is stolen or damaged in ways that don’t involve a collision. Covered risks include hail, fire, theft, flood, earthquake, explosion, falling objects, and encounters with wildlife, such as deer. Comprehensive is optional coverage, though your bank may require it if you have an auto loan. You may choose a deductible on this coverage.
Coverage for your own injury and the passengers of your car :
4.Medical payments coverage (Med Pay, or MPC) acts as primary coverage for medical expenses you and your passengers incur if injured in a motor vehicle accident, regardless of fault. States have different laws regarding this coverage.

Once you understand this, the rest of the auto insurance would be very easy to understand. What is it that you are buying is the most important thing to consider for getting the best car insurance rates, especially for college student auto insurance since this is a crucial stage in your life, where money is not to be squandred.
More again.
Thanks.
Kamlesh.

Car insurance new : December 9th 2009 Chattanooga police report a recent increase of car thefts because owners are warming up their vehicles during colder weather and leaving them unattended.”

It is a time when the especially the teeenagers need to be careful of their cars, since they would be losing the car and if they have auto insurance coverage once they take a claim their auto insurance premium will escalate. As per the police authorities this is not only a problem in Tennesse but a problem in all other states of USA where the weather is cold. It has also got to be remembered that with the holiday season, people are busy in their own parties, or awa for holidays and this would be the best time for the theives. Here are some tips how you can save your car from theft and keep up the cheap auto insurance rates.
1) Do not leave your vehicle unlocked and unattended. This is an easy target for thieves. Please also do not leave the car unattended even for a minute to pick up the gifts which you have asked to be wrapped.
2) Remember to lock all your doors and windows.
3) Park the car in a well-light place.
4) If you install any of the safety devices like an alarm system, steering wheel locks, steering column collars, theft deterrent decals and tire locks, than the insurance company will offer you auto insurance discounts on the auto insurance premium. The discounts are as high as 10% -15% – and so if you save $150/-. This will give you cheap auto insurance premium.

Happy holidays and take care.

Blake Lively : What are the most important questions to be answered for reduce your auto insurance premium?

Response: Teen Auto insurance can be reduced in a number of ways, which is the most important in this tough times. You need to ask yourself the following questions :
1) Is the teen auto insurance coverage limit correct?

If you are driving an old car which is an old model say more than 10 years old or it is not a very expensive car, than you need not take the comprehensive and collision coverage. This way you will save a lot in car insurance premiums.

2) Have I provided all the updated information on the policy: If your credit record has impoved, or you are not having other drivers living with you, or if you have moved, it is best if you inform the insurance company about this since your car insurance policy premium will reduce.

3) What should be my deductible ?
The higher the deductible the less will be your auto insurance premium. According to the Insurance Information Institute, raising your deductibles to $500 could reduce your Collision and Comprehensive costs by 15 to 30 percent.

4) Are there any discounts which I can be eligible for ? The insurance companies do offer different discounts from time to time and this is what you should examine. Secondly, if you have not been involved with a auto accident and are with the same insurer you might qaulify for a no claim discount. Safety discounts might be obtained if you have added safety features like anti-brake to your vehicle.

5) Should I shop online for auto insurance rates? Most certainly since the internet is changing marketing and bringing the insurance company right at your door step. You can certainly check out the free online quotes. You need not pay anything since the insurance company is paying a very small cost for advertisments to individuals who are marketing their offers. You get the benefit of the best rate and your tailor made coverages. Your auto insurance premium can really reduce if you compare and search fro cheap auto insurance quotes.

All the best.
Thanks.
Kamlesh

Mary Couch : I am a teenager and what should I do if I get involved in a teen auto accident? How much loss can ocurr? Will my auto insurance rate go up?

Response : When any person let alone a teenager gets involved in an auto accident, than the regulations are the same for all but or certain steps you should take in order that your auto insurance claim is not prejudiced :

• Make sure that everyone involved is safe and that medical/emergency care is being provided.
• Notify the local police.
• Write down the following information:
• Location, date, and time
• Names, addresses, and license numbers of other drivers and passengers
• License plate numbers and vehicle descriptions
• Injuries to you and others, if any
• Names and telephone numbers of any witnesses

The amount of loss is difficult to say since it would vary from each accident and the severity of the accident. After the auto accident the insurance premium will defintely be high and this would continue to be high for a period of 3 years even if the loss paid by the insurance company is not high, since the claim shows that you are not a safe driver. Your driving record is affected. If the severity of the accident is higher than you might get some points on your license and this will affect your auto insurance premium which will be much higher. For cheap auto insurance quotes or cheap teen car insurance quotes you will have to improve your driving record and also shop online for comparitive auto insurance quotes.

Thanks.
Kamlesh