bob sanders : Friends are great but when they are driving your car and crash, it becomes a big deal. What should you do?

Punching someone in the pocketbook can cause more pain than spreading nasty rumors or posting a mean Facebook message. A bad “friend” who crashes your car can affect your finances for years: Auto insurance follows the car, not the driver. And if your so-called friend is uninsured and you have low auto insurance liability limits, you’re both in hot water.

“If you lend someone your keys, you’re lending your insurance, too,” explained Robert Passmore, senior director of personal lines at the Property Casualty Insurers Association of America, an industry trade group.

Here’s how a friend can wreck car insurance havoc.

Scenario No. 1: Your friend crashes your car, and you both have low liability limits.

Let’s say you loan your car to a friend and he crashes it, causing an accident with another vehicle. Both you and your friend have auto insurance with low liability limits. The accident exhausts the liability limits on both policies.

Once this happens, the person who was hit can sue you for medical or property-damage bills that weren’t covered by insurance.

For repairs to your own car, you’ll have to use your collision insurance (if you have it). But you’ll have to pay your deductible on a collision claim, which can be costly.

Your friend may be found to have partial liability for the accident damages, but “states and insurers have different rules for deciding partial liability,” said Passmore. “You’re lending your friend a major asset. You should be cautious.”

Scenario No. 2: Your uninsured friend crashes your car, and you have low liability limits.

This is the worst-case scenario. Your own auto insurance limits will be exhausted, and then the liability shifts to your friend — but you can both be sued.

“Attorneys are looking for liable parties,” warned Michael Barry, a spokesperson for the Insurance Information Institute. He adds that when there’s bodily injury to someone else, your exposure for having loaned your car dramatically increases. “It can be open-ended,” said Barry.

And to top it off, your car insurance rates could go up as a result of the claim, depending on your recent claims history.

Scenario No. 3: Your friend crashes your car, and you both have high insurance limits.

This is the best scenario because all damages are likely to be covered, but your insurance limits are still exhausted before your friend’s policy is tapped. As in the first scenario, you’ll have to pay your deductible for any collision claim for repairs to your own car.

In the final analysis, the best strategy is to guard your car like you’d guard your money: Loan it sparingly, and don’t always expect to get it back.

You need to make sure that you must have the optimum car insurance coverage and limits so that you would not have any issues with being underinsured if an accident happens. Check out our post on limits of liability at  the blog teenautoinsquote and we will fill you in up with lots of more information on getting teen auto insurance and information on insurance. For sure, managing risk is equally important and is money in your pocket- since it prevents money going out!! Save on teen auto insurance or car insurance.

get best car insurance rate

Get the best car insurance rate, even best  teen car insurance rates

The average car insurance rate varies from country to country and state to state. Lets take an example of Terrlle Pyoro who lives in New York. His auto insurance rate would be based on the area of New York. His rates would depend on drive, accident history and age of the driver of the city, in which they live. You will get the best rates if you shop around. Secondly, all drivers in the State of New York who correspond to the minimum auto insurance coverage. This minimum is for each car per each accident and includes at least $25,000 per person up to 50,000 for injury, $50,000 / 100,000 for death and $10,000 for property.

You have the following options to reduce the prices and understand what insurers are looking for.

Check first with your current provider - Ask your current insurance if there are ways to reduce the premium. In an effort to remain competitive, they often take time to explore discount options. People with insurance on a home or business should be to bring together the cover. Package offers discounts.  Obtain quotes from at least three other insurers. Surprisingly the difference for each may be really substainal. You get the best teen car insurance rates just by comparing the quotes. Now multiple quotes are possibe at teen auto ins quote.

Learn about the basic auto insurance coverages : You can learn about the different type of car insurance coverage and choose the best car insurance coverage at this blog and also at the . Information is available at the Insurance information institute

Accident or theft can occur, what is the chance? Drivers in the city will have typically a higher auto insurance rate as the suburban or rural areas. This is based on the probability that a vehicle stolen or involved in an accident. To lower New York car insurance premiums are security features such as such as car alarms, backup cameras, and vehicle-tracking systems useful, when to get an offer. With accidents on their records should consider defensive driving or traffic school.

What kind of car and the driver is how old? -Cars require often higher premiums based on price to repair or replace. There are situations where two cars will have retail equal to very different insurance premiums. The same can a sporty coupe as a van, the retail sector, but the van is considered more secure. The age of the driver applies the rates to. Less experienced riders be seen as more of a risk. For younger drivers, selecting secure car insurance is a better choice.

Be informed and get your quote to get the best car insurance rate, even best teen car insurance rates can be obtained. Nothing is impossible if you have the will and know what to do. The best part is the general insurance companies are giving the quotes for free.

Anna Paguin : Thanks for your information on how to select the right model to get cheap car insurance quote for teen auto insurance, please let me kown which models are considered as safe models by the NHTSA?

Safety cars that get you cheap car insurance for teen auto insurance

Response : Anna, I am happy to note that you liked my article on which are the cars which are unsafe for young drivers or teenagers or for that matter any drivers. These were the cars for which the auto insurance companies would charge higher rates on account of the higher risk and damage factors.

Now let us consider the models which are considered to be safe and which would give you a very cheap auto insurance or cheap teen auto insurance rates. Here are the models of this year that are considered safe by the NHTSA and the Insurance Information institute.

Best Kia Soul
The safety features of this car which are the electronic safety system :comprising of antilock brakes, stability and traction controls, and a tire-pressure monitoring system. The Soul proves itself as a family vehicle by offering a Lower Anchors and Tethers for Children (LATCH) system in the backseat. This is designed to keep child seats securely fastened. The Soul is in the small-car category, and tests showed only a 10% to 20% risk in emergency braking and handling, while it received a “good” rating in the IIHS airbag evaluation.This is considered the best vehicle when you have young children driving with you.

Best: Audi A4

The Audi A4 is one of the safest upscale sedans and boasts six airbags. In addition to the standard driver and passenger-side airbags, the A4 has seat-mounted chest side airbags and a Sideguard head-protection airbags with rollover sensors. Earning a perfect score across the board, the Audi A4 claims to create “a cocoon around the occupants for maximum protection. Chances of injury are remarkable lower, however the due dikigence for air-bags being blown is to be taken since this itself can injury you.

Best: Hyundai Genesis

The 2009 Genesis is Hyundai’s first rear-wheel-drive luxury car for the U.S. market. It’s equipped with electronic stability and antilock brakes with brakeforce distribution technology. The airbags received five out of five stars from the NHTSA tests. The Genesis is Hyundai’s first attempt at a luxury vehicle and actually seems to be competing with cars in its class such as the Acura, Lexus and Infiniti. There is finally a genuinely safe Hyundai model offering luxury at an affordable price.

Best: Honda CR-V

The HondaCR-V ranks among the best in occupant protection and crash compatibility in frontal collisions. Honda prides itself in offering a proprietary body design called the Advanced Compatibility Engineering (ACE). ACE helps manage and reduce the forces in a crash and can help disperse the forces transferred to other vehicles in the event of a collision. The car’s side-curtain airbags offer rollover sensors and a faster-inflating system. NHTSA tests indicate it has a 10% to 20% chance of rolling over.Best: BMW X5

This mid-sized SUV offers comfort and safety, and the new model has an optional third-row seat and room for seven, along with more cargo capacity. It has a 17% chance of rollover, resulting in a four-star rollover score from the NHTSA. It has earned four out of five stars for emergency handling and breaking, which is good for its class.

So, you can easily think of buying one of these cars which will serve you the dual purpose of getting a cheap teen auto insurance quote and also safety for your teenager or any rider in the car. Be safe and enjoy.

Thanks.
Kamlesh

Jake Pavelka : What are the changes in teen driving regulations? Will this help in getting cheap car insurance for the young driver?

Teen driving changes and cheap auto insurance

Response : As on 23rd February 2010, a New York law has been brought into effect . The main objective of this is to strenghten the state’s existing graduated driver license (GDL) system for teenagers, according to the Insurance Information Institute (I.I.I.).

As per this there is a a teen driver or young driver under 21 years can have only one non-family member in the car.

Secondly they need to have 50 hours of supervised driving instead of 20 hours before the teenager can take a road test.

Third, out of 50 hours of training the young driver must have 15 hours after sunset.

Graduate Driving License is a three-phase program that gives teen drivers an opportunity to develop more mature driving attitudes and gain experience behind the wheel over a period of time. Florida became the first state to enact a GDL law in 1996, and GDL legislation has been credited with reducing the number of motor vehicle accidents involving teenaged drivers in that state and elsewhere.

Nonetheless, motor vehicle crashes remain one of the leading causes of death among 15- to 20-year-olds and insurance industry research shows that more than half of teens who die in crashes are passengers, many of whom are not wearing a seatbelt. In addition, the data indicates that a teen driver’s chance of getting into a fatal accident doubles when a teen passenger is in the car. With three or more passengers, the risk quadruples.

“Immaturity and lack of driving experience are the two main factors leading to high crash rates among teens,” said Barry. “Even the best teenage drivers don’t have the judgment that comes with experience. It affects their recognition of and response to hazardous situations and results in dangerous practices such as speeding and tailgating. Teens also tend to engage in riskier behavior—eating, talking on their cellphones and text messaging. The added distraction of another teen passenger in the car just adds to the risks facing young drivers.”

If you are parents than there are ways that you can get cheap car insurance quotes for your teen and young driver. The key is to keep your teen safe which is your first goal and than comes getting cheap car insurance. For this you need to :
1. Give confidence and support to your teenager so that he or she is encouraged to build up excellent road habits.
2. Ensure that they complete their graducated driving schools so that they know the safety rules of driving. The more driving practice your teen gets, the more confident he or she will be behind the wheel and the better able to react to challenging situations on the road.
3. Some insurers offer “safe driver” programs. Teen participants in these programs sign parent-teen driving contracts which outline the young driver’s responsibilities and the consequences of failure to meet those expectations. Check whether your insurance company has such a program—if your teenager completes the program, you may be eligible for a discount.
4. Pick up a safe car : I know that in this time and age this is a big deal since big names like Toyota and General Motors are also having issues, however, you can still pick up a car which is safe as per the safe cars given by the Insurance Information Institute.
5. In addition, insurance companies are helping to reduce the number of accidents involving teen drivers by subsidizing the cost of electronic devices, such as GPS systems and video cameras, which can monitor the way teens drive. These monitoring services are usually operated by independent companies and alert parents of unsafe driving by email, text message or phone. Some insurers now offer discounts for parents and teens who participate in these safe driving programs.
6. Talk to your teen about the dangers of drinking and driving and distracted driving.
Alcohol and driving do not mix. Parents should impose a no tolerance policy when it comes to alcohol and driving.

Once you teach your teenager the safety rules cheap car insurance will automotaically follow them.

Thanks.
Kamlesh

Related Blogs

• Ypulse Monthly Events Roundup: NYC Teen Author Fest, ISTE 2010 …
• Cheap Car Insurance in Florida – Bulletproof 3 Ways To Get The …
• Corona Del Mar Car Accident Attorney's Top Ten Things to Do After …
• The Motor Vehicle Accident “Whiplash-Type” Injury — As Of 2004 …
• Marion Barry Now Driving a Corolla, Owes $465 in Tickets – City …
• Kings of Leon “Stoked” To Hit the Road on Huge Summer Tour …
• Resul Pookutty 'sOscar Experience
• Teenager Charged in Susan Boyle Burglary : In Entertainment
• Rosario D'Rivera Speaks with My Latino Voice At Miami Show
• Warning: Gay Marriage is Hazardous To Your Health : Gay News from …

Andy Jenkins : How would speeding influence car insurance rates?

Speeding and Car Insurance Rates
Response : Speeding, especially for young drivers or teens is very common. Most drivers drive faster than posted speed limits, at least now and then, and many speed every time they get behind the wheel. It doesn’t seem to matter that average speed limits across the country are higher now than they were a decade ago.

Most drivers push beyond the posted speed limits, whether they are running late, not paying attention to their speed. Of course when you have a new sports car just for the thrill of riding fast. Clearly, there are not enough highway patrol officers to give speeding tickets to all those who speed. This means the odds of not getting caught and ticketed always favor the speeder.

Until they do get a speeding ticket, most drivers give little thought as to how this may affect their car insurance rate quote. They may be in for an unpleasant surprise! They will have to pay an expensive increase in their auto insurance rates, in addition to the ticketed fine, once they get their speeding ticket. In cases of extreme speeding, a driver’s cost of car insurance could actually double, even on a first offense.
Why do insurers often raise your car insurance rates after only one speeding ticket? It’s simple. Numerous studies by highway safety experts show that “the faster you go, the more deadly it is,” says Jeanne Salvatore, spokeswoman for the Insurance Information Institute (III), an industry trade group. “There’s a higher possibility you’re going to cause a lot of damage to people or property,” Salvatore says.

If you’re cited for speeding, your insurer may attach a temporary surcharge to your policy for three years. One large auto insurer may raise your rate by up to 26 percent the first year, then gradually lower that surcharge and drop it completely after three years, as long as you have no more moving violations.
The size and duration of the increase varies depending on several factors, including:
• Your driving record and your relationship with the insurance company. Some insurers waive the surcharge if the customer has had a long relationship with the company and previously had a clean driving history.
• Where you live. Insurance is regulated by the states, and different states have different laws regarding the cost of car insurance. Some states don’t allow insurers to impose a surcharge for first-time speeding tickets, while others require insurers to raise rates for some speeding violations. For example, a single male driver who lives in Phoenix and receives one speeding ticket will experience an average rate increase of 16 percent, but the same driver will pay no more if he lives in Philadelphia.
• How much you were exceeding the speed limit. An analysis by USA TODAY found that 10 percent of ticketed drivers in 2002 were “extreme speeders”—drivers who exceeded 90 mph, or 15 mph above any speed limit. Extreme speeding is considered reckless driving, a major violation. Even a first-time citation can more than double the cost of car insurance and inflate your car insurance rate quote.
Speeding may also affect insurance rates other than just your auto insurance.General auto insurance companies may look at your driving record when deciding whether you’re a high-risk customer and could charge you higher rates for life, health, disability or long term care insurance.

Once upon a time in the ancient past—at least 30 years ago, anyway—there were a series of public service ads on television and radio with the overall message, “Speed kills.” One displayed a clock and then showed a car speedometer pushing 65. “Don’t try to catch this hand [the clock] with this one [the speedometer],” the announcer advised.

In other words, it might be better to be late than dead or seriously injured. It’s been a long time since there was a public campaign aimed at getting America’s drivers to slow down and save lives. But that doesn’t mean speeding is any safer. Speeders are still more likely to have accidents, injuring themselves and/or others, than drivers who obey speed limits.
An increase in car insurance rates caused by speeding is troublesome, but the increased risk of death or serious injury is even worse.

Parents of teenagers and young drivers should always explain to them the dangers of speeding. Speed less on the road but speed up to get cheap auto insurance quotes.

Happy Motoring.
Thanks.
Kamlesh.