Auto Insurance

If you own a vehicle then you no doubt realize the risk of driving without the car insurance. In U.S. it is compulsory for the car owners to have some basic form of car insurance. Whereas there are other countries which do not have the same requirements, but that definitely doesn’t mean that driving without insurance is ever a good thing. There are various options available and given below are the few car insurance coverage recommendations that will help you decide which type of policy is the one for your car. Full comprehensive car insurance: This type of insurance can cost you more than any of the others but it gives you the best protection. It is the only kind of policy in which you will be allowed to sign up for if you buy a car that is financed by a finance company. To protect themselves they will need you to sign up for a full comprehensive policy. In this insurance policy you will be covered against the accidents caused both by yourself and the other drivers. There will also cov...

Mexico City (Dow Jones) On Wednesday the Mexico’s insurance industry said there will probably be a growth of 7% in premiums this year as the business and the consumers continue to buy insurance even in the midst of deep recession. “We originally had expected to see a very little growth in 2009, about 1.5% or 2% in real terms. Based on the data we have seen, I would say we are going to have growth of 6.5%-7,” president of association AMIS Juan Ignacio Gil Anton, said at a press conference. Gil Anton also said that November and December will be the key month to gauge the industry’s growth prospects for the year 2010 when many businesses renew their policies. "I think 2010 is going to be a better year for auto insurance. I think it will also be a good year for property and casualty insurance because business investment will recover and there are big plans for infrastructure projects," he said. Insurance industry of Mexico reported direct premiums of 173.28 billion pesos ($13.3 ...

Auto insurance can create a hole in your pocket. Insurance premiums differentiate hugely among companies, agents or agencies, brokers and also the making charges of the car you own and your credit rating. To pay lower car insurance you must: 1. Always try to maintain a good driving record. 2. Never accept the very first estimate you receive. It is always better to check and compare the different insurance provider. Contact those insurance providers who are strongly recommended by the people you know well. 3. Survey the market completely before you settle down for any car and compare the table of car insurance and other hidden costs. Learn about the features that can increase insurance premiums and which ones can reduce the premiums. 4. Try considering availing the insurance from the same company that you opted for your home, life, accident. 5. Choose having higher deductibles that will reduce the burden by at least 15-25 %. 6. There are most policies that are based o...

Your car is your most prized possession but have you thought about what will happen if some damage befalls upon your beloved car. So you will have to go for car insurance while you buy a car. Read on this article on how to go for an automobile insurance. Before we proceed, let’s get to know what exactly car insurance is. Sometimes while driving a car you may have an accident. In such a case there is a high level of chance that your car may get damaged. Car insurances guarantee you don’t have to worry for the damage that your car has gone through. Actually most of the countries have made basic car insurance mandatory. The need to have car insurance is simple; you don’t have to replace your car which already burnt a hole in your pocket with another car. There are different types of car insurance policies some of them are mentioned below: First Party: Here the insured that belongs to the first party i.e. someone who has an accident is paid by the second party who is the insurer either by ...