Steve Iser : Why is teen auto insurance or car insurance mandatory in most countries all over the world? Why should we not get cheap car insurance if it is mandatory?

Teen auto insurance or car insurance mandatory

Response : Teen auto insurance or car insurance mandatory in most countries since unfortunately seen the experience is that there are lots of auto accidents. Unfortunately when an accident occurs the liability is very high especially if someone is injured, it is a catastrophic injury or some one dies. The cost of liability is very high which would ruin any person financially and at the same time the person who is not at fault would suffer though he is not at fault. The financial downfall of the households leads to the down fall in the economy and thus the nation. The same effects can be seen because of the mortgage collapse in USA presently. Thus auto insurance became compulsory. It is in a way to ensure that the persons who are driving the cars on the roads are more careful.

Below are some of the statstics given by the Insurance Institute of high way safety :

Motor vehicle crashes are the leading cause of death for individuals between the ages of three and 34 except for seven-year olds (based on 2005 data).

A motor vehicle death occurs on average every 14 minutes and an injury every 13 seconds. About 102 people died each day in motor vehicle crashes in 2008.

Since the first documented crash death in 1899, more than 30 million people worldwide have died in traffic crashes.

From the above data you will understand and agree that teen auto insurance or car insurance should be compulsory. How many under 25 years old will have millions of dollors to compensate for any loss or fatality that they cause due to negligent driving?

Cheap car insurance
Once again the above statastics speak for themselves that the auto accidents are so high that even if it is mandatory the claims payable for this are so high that the insurance premiums would directly follow the claims and the insurance companies expenses in settling the losses. The legal expenses are increasing which leads to higher expense rates for the insurance companies and ultimately the clients pay. This is one basic reason why cheap car insurance needs to be searched for. There are many other inter-related financial and technical reasons also to why auto insurance are not cheap.

For your benefit, let me tell you that it is always advisable to compare teen auto insurance online and get your cheap car insurance quote. Atleast you can make informed decisions.

Thanks.
Kamlesh

Howie Schultz : How much would a speeding ticket really cost in terms of car insurance and other costs?

Speeding tickets- can cost you your cheap car insurance.

Response : Howie, yes speeding tickets can prove very costly in terms of other cost and can also deprive you off cheap car insurance rates, since insurance is dependent on your driving history. Well do not be dispappointed and dejected since for every thing there are solutions and I will show you the solution.

When a driver is pulled over by a police officer and issued a citation, the first thing they look at is how much the ticket is going to cost them. They flip it over and read the number and think that is all it will cost. However, receiving a ticket carries several hidden costs. :
1) The first hidden cost is time. Often people are caught for speeding and say they were running late, they were trying to make up time.
2) They have to pay the fine, appear in court.
3) They need to find out details of a safe drivers course, pay for it and take it.
4) The biggest cost though is usually felt in insurance rates. A ticket’s cost in insurance premiums is often many times more than the fine associated with the violation. Some violations can even result in a company dropping a driver’s coverage or refusing to renew coverage. Your auto insurance premium will be higher and the driving violation will on your record for a period of 3-5 years depending upon the state you are living in. Let me tell you a truth, which is that the auto insurance company will charge you a higher premium not for one year, but for three years. You loose your cheap auto insurance rates.

Yes, the solution is there and it is to compare your auto insurance quotes online, to improve your driving record since just one ticket is not going to crucify you. It would be worth-while to seek an appeal for the speeding ticket, since if it is the first offence the court will also let you off. Another very important thing for young drivers, fresh drivers or college students is too take up the graduated driving lessons which will give you discounts and so your increase ratings would not affect you – you would still be on the scale of a cheap car insurance quote which you were enkoying previously.

I am sure that you have done the research and compared the policies and you know that you have found the cheapest auto insurance rates. The real key, however, is keeping that cheap auto insurance rate. The best way to keep auto insurance rates low is to keep a clean driving record. If keeping a clean driving record means an improvement in your driving record it may be time to compare auto insurance rates with other carriers and discounts for good driving records can vary from company to company.However, the best thing to do is to be careful, not to speed as far as possible.
Thanks.
Kamlesh

College student car insurance discounts for getting cheap car insurance quotes.

Eben Pagan : What factors affect auto insurance rates for college students? How can I obtain a good grade discount for car insurance?

Respones : There are many factors that can affect your insurance premiums. Your driving expereince, your age, the geographical area you live in, the car you drive and the limits of liability and the coverage you have opted for all affect auto insurance or car insruance. Age is one of the factors used in calculating your insurance rates. Students and young drivers in general pay a higher insurance premium. This is because they are not experienced and lack maturity. If you are a student or insuring a student, you know finding cheap car insurance can become a difficult task. Fortunately finding cheap student car insurance with teenautoinsquote.com is easy and can save you time and money. Many insurers don’t offer specific student or young driver car insurance, but we have teamed up with some carriers that take into consideration your age and current occupation to give better options for better premiums. Besides with the new technological devices, you need to pay insurance only for the miles you drive the car.

For getting good grades car insurance discounts here are some of the strategies of the personal lines automoblie insurers. Here are some of those requirements with some of our carriers:

1.Under age 25 is a full-time student maintaining a “B” average, or otherwise qualifies as a “good student”.

2.A young driver qualifying as a “Good Student” is a full time student in high school, college/university or a certificate degree program.

3.In schools designating grades by letter, had a grade average of B or its equivalent

4.In schools where numbers are used to designate grades, had an average of at least 3 points for all combined subjects
5.Is ranked scholastically among the upper 20% of his/her class
6.In schools that maintain a Dean’s list, Honor Roll or comparable listing for scholastic achievement, was included on such a list
We offer quotes from multiple companies with the option to purchase the policy immediately online, in all states. Regardless of where you live, just type in your zip code and continue answering the questions about your cars and drivers. You can request a quote and buy your policy in about 15 minutes! The quote is for free, and there is no obligation for buying a policy also.

Please also read my post on auto insurance discounts and see if you qualify for any more discounts.

Haooy 2010 to you and your friends.
Thanks.
Kamlesh

Jeff Walker: Thanks for the information on No fault auto insurance coverage. If this is bringing in so much auto insurance claims than why do you need “No fault coverage” under auto insurance policy? Would teenagers be able to get cheap automobile insurance coverage if the no fualt coverage was not given by insurance companies?

Car insurance : No fault

Response: Jeff, I understand what you are trying to say, however the purpose of auto insurance is not just to pay low premium but also be able to get a claim payment in the event of an auto accident. At the same time it would be wrong to spend a lot of money on legal matters and also auto insurance fraud. Let me first give you the benefits of “No fault” coverage and also the drawbacks of the No fault auto insurance.

Benefits of a no-fault system
No-fault system offers many benefits, including the following:

Drawbacks of a no-fault system
No-fault insurance argue that the benefits are purely theoretical and that past performance has proved that no-fault is ineffective. Drawbacks include the following:

Its really diffcult to decide what really works and so you will appreciate what the insurance companies also have to go through. However, keen competition in the market makes it possible for even young drivers to get cheap auto insurance quote.

Related Blogs

• Tax Research UK » This time the need is to review limited …
• IRC Industrial Relations Consultants » Blog Archive » No Fault …
• Yegparian: The LA Times, Coverage of Armenia's Neighbors, and What …
• The Court » Blog Archive » Directors Liability for Unremitted …
• The Big Picture » Blog Archive » One Day at a Time
• Tenants Lose Everything. Apartment renters in New York need …
• Bryan Cave Strengthens Securities Litigation Practice | JD Journal
• Aspiral Clock makes telling time a ball
• Car Insurance Coverage – Consumerism Commentary
• Ladies Of March Madness: Kari K. Is The Florida Volleyballer …

Andy Jekings: I am adding my daughter to my auto insurance policy, and she’ll be taking one of my cars with her to college. Does this mean that she’ll be considered the principal driver on the policy?

Teen auto insurance

Response: Andy, you are missing the correct question behind this, what you really want to know is if your daughter is a principal driver than how would the insurance companies rate the policy or what will my auto insurance premium be.

Now let me explain this properly to you. If your daughter is borrowing your car to take with her to college, she must be listed as either a principal driver or an occasional driver on your insurance policy. Secondly, it would be important if the car is in the name of your daughter than she would be a principal driver. Most insurance companies will consider someone as the principal driver on the policy if he or she:

Check with your insurance company to see if you should list your son as a principal driver, and if so, how your insurance coverage and premiums will be affected.

If your daughter is listed as a principal driver than the auto insurance premium would be higher. If your daughter is using the car less and you are the principal driver than the insurance premium would be much lesser.

However, teen auto insurance premium for girls is much less expensive than the boys auto insurance premium. You can compare the teen car insurance quote here and am sure you will find cheap car insurance quote. Again you should try to obtain all the possible discounts so that you can qualify for cheap car insurance quote.

Related Blogs

• Quote Of The Day: Live By The Politics, Die By The Politics …
• Really Cheap Auto Insurance: Something You Should Know Before …
• Foreign Policy Expert Sarah Palin Offers President Obama Advice On …
• Consumer Reports Auto Issue: Top Cars for 2010
• Design*Sponge » Blog Archive » living in: coal miner's daughter
• Preview: Popping the lid off the West | College Hoops Journal
• Used Cars As Good As New Car Purchases | Lexus Cars And Automotive …
• Embarrassing daddy-daughter duo – Barnesville.com
• Keeping Auto Insurance Premiums under control is in your hands …
• Top 10 Sources For Premium WordPress Themes