Auto Insurance Law » Insurance Laws

New York Car Insurance Quote Basics

admin — Wed, 30 Jun 2010 15:05:18 +0000

Moving brings lots of new challenges, particularly if you’re moving to a new state. If you’re new to the state of New York, you need to know all the ins and outs on important laws and regulations, including finding out all about a New York car insurance quote. You might get a little sticker shock moving to New York as their rates are a bit higher than the national average. But, there are always ways to save money on your New York car insurance.

New York has a “no fault” law, which means that, in general, each party’s insurance pays for their injury claims in the event of an accident, regardless of who caused the accident. For this reason, all drivers in New York must carry Personal Injury Insurance (PIP) in the amount of at least $50,000. Your PIP insurance will cover medical expenses, loss of wages, loss of services, and offers a death benefit.

In addition, New York drivers must also carry liability insurance to pay for property damage and bodily injury to the other party in the event that you are at fault in an accident. The minimum on liability property damage insurance is $10,000. The minimum on bodily injury is $25,000 per person or $50,000 per accident. In addition, New York car insurance laws require that you carry a minimum $25,000/$50,000 in uninsured motorist coverage, too.

Overall, New York car insurance typically costs the average driver about $400 per year more than the national average. This is due to the combination of higher limits being required by law and the fact that drivers are required to carry liability insurance to pay for the other party along with PIP insurance to pay for their own medical expenses.

In addition to carrying the New York car insurance required by law, you may also want to consider adding other coverage, such as collision insurance. Though your PIP insurance covers your injuries in an accident, without collision, you’ll have no insurance coverage for your vehicle in the event of an accident that you cause. Collision will cover your vehicle’s repair or replacement. In addition many drivers consider adding comprehensive insurance. Comprehensive insurance covers your vehicle for damage caused by fire, natural elements, vandalism and theft. You may also want to add items such as rental car coverage and roadside assistance to your policy.

Because rates on a New York car insurance quote are fairly high, it’s very important to shop around so that you can ensure the best deal. Take the time to gather several quotes before you choose an insurance policy. Asking each company to quote the exact same coverage will help you compare your quotes more easily.

Once you’ve gathered your quotes, be certain to ask around about the company’s customer service before you make your final decision. Great rates are always enticing, but it’s just as important to have a car insurance company that will be responsive when you have to file a claim.

By: Barry H Brenner

Who Else Wants Affordable Automobile Insurance Rates That Are Cheap?

admin — Mon, 14 Jun 2010 23:12:16 +0000

Getting car insurance rates that are affordable in the state of Massachusetts is not hard. With the problems get a So recent change in the laws the Commissioner of Massachusetts has allowed a new policy to open the door for more competitive rates in the auto insurance market.

This is good news for you because now you stand a good chance of actually getting a better deal on your automobile insurance. With every state you live in you have to be aware of the rules and regulations as far as the car insurance laws goes. Massachusetts is an at fault state. This pretty much means that you are required to carry insurance to cover for damages if something was to happen in an auto accident.

This means that you cannot go driving around without automobile insurance in the state of Massachusetts. And the minimum amount that should be covered for your personal injury is $8000. So you shouldn’t skimp on the importance of being fully protected if you are drastically trying to reduce your premium. One thing you should be aware of is the discounts that are available.

If you are enrolled in defensive driving there is a good chance that you are going to get a better deal on your car insurance. Another factor you should look at is if you’re a student and you are currently getting good grades. You should also think about combining your home and auto insurance to get the best rates on your Massachusetts car insurance. By simply combining these two types of insurance your auto insurance company will be more than willing to give you a great deal. I know that you do not enjoy overpaying every month on your car insurance.

By: Craig Realton

Chicago Used Car Insurance

admin — Wed, 26 May 2010 08:22:02 +0000

Chicago insurance companies tend to set an average driving amount for each car type. Insurance companies normally charge more for high-performance cars because of their increased susceptibility to accidents and theft. As a general rule of thumb, there is some flexibility in the types and amount of coverage you need for a used car, but Chicago has insurance laws and you will need some kind of coverage regardless of what it is worth.

Chicago law states that you have to carry liability insurance. It provides financial protection from claims when you cause an accident that results in bodily injuries to other people or damage their property. The feeling is that if you caused the problem, you insurance should compensate victims. Because liability fees can be high (way beyond what you have to have), you might consider taking out a greater amount of liability coverage. In Chicago, collision and comprehensive insurance is optional. It covers physical damages to your vehicle form a crash of fire or falling object, etc.). If you’ve purchased an older used car, this type of insurance is expensive and probably not necessary.

In Chicago, like any other big city, it is important to update the information that your insurance company has on fine for you, your car and your driving record. You may be eligible for a rate reduction if you have gotten married, moved to the suburbs, no longer insure a younger driver, installed an anti-theft device, or if it has been at least three years since your last violation.

Used car insurance rates can vary widely by hundreds of dollars from company to company because of various claims experience, cost of doing business. Car insurance is priced to cover the costs of accidents that may happen in the future. Information about the past claims experience is used to see the future of a company.

By: Eric Morris

The Process of Comparing Auto Insurance Rates

admin — Wed, 19 May 2010 09:29:01 +0000

When you’re looking for coverage for your car, you want to take time comparing auto insurance rates to ensure you’re getting the best coverage for your money. One of the easiest ways to do this is to use online comparison sites.

All of the major auto insurance companies (i.e. Nationwide, Progressive, Geico) have websites which will provide you with a free quote instantly. You simply go to their website, answer a handful of simple questions, and you’ll get a quote for a variety of coverage options.

However, when comparing auto insurance rates it’s sometimes a better idea to use a non-affiliated website to make sure you’re not getting a biased quote. A non-affiliated website is one which is not part of a larger insurance company and doesn’t provide advertising of any sort for those companies.

There are a number of sites to use for comparing auto insurance rates. Two of the most commonly used sites are esurance.com and insurance.com.

The process for getting quotes online is fairly similar at most of these sites. You begin with your ZIP code. This is to ensure you are being provided with accurate information because auto insurance laws vary a little from state to state.

Next you will be asked to provide information about the car being covered. You will need to know its make, model, year, and body style (this usually means convertible or coupe- not a convertible). You will also be expected to estimate about how many miles the car will be driven per year. Some sites will ask if you own the car outright, or if you’re making payments.

All of the sites for comparing insurance rates, including the major providers, will ask you about your driving record. These aren’t usually very detailed questions at this stage, just whether or not you’ve had any major violations or any accidents within the last 3-5 years.

You will need to provide an e-mail address because most of these sites will actually e-mail the quote to you. Quotes are provided very quickly, but not always instantly. This is because it does take time for the sites to check with companies to get your quotes.

After you’ve received your e-mail comparing auto insurance rates, most of the sites provide you a link to the companies so you can then go and sign up for insurance at that time. Remember, however, that since you will be receiving this information via e-mail, you can always go check with another site for more quotes and sign up at a later time.

However you choose to complete the process of comparing rates, it’s always a good idea to shop around for something like this. You want to make sure you are getting the best coverage you can for the least amount of money.

By: Gordon H. Smith

Connecticut Car Accidents and Insurance Law – Know the Facts

admin — Fri, 14 May 2010 14:54:57 +0000

If you drive a car or ride as a passenger on Connecticut roadways, do you understand the insurance laws? Most people understand that car accidents happen frequently, but few take the time to understand key facts about Connecticut car accidents before they are involved in one.

1. Statute of Limitations

Connecticut has a two-year statute of limitations in car accident cases. That means you have two years after suffering any injury to pursue legal action against the driver or other parties involved in your accident. It also means that contacting a Connecticut car accident lawyer sooner rather than later is in your best interest. Two years may sound like a long time, but when you are busy with the process of recovery, it can pass by quickly and leave you without the means to recover financial compensation.

2. MedPay Coverage

MedPay coverage is a factor in some Connecticut auto insurance policies. MedPay coverage helps people pay for medical expenses that result from a car accident, typically covering between $1,000 and $5,000. What makes MedPay issues complex is that other health insurance policies, such as insurance offered by an employer (Blue Cross Blue Shield, for example) will not cover injuries sustained in a car accident until they receive confirmation that either no MedPay coverage existed — or that it has been used to the full extent. So even if you pay for company health insurance out of every paycheck, that insurance isn’t automatically relevant when your medical issues result from a car crash.

This is further complicated by the fact that MedPay covers injuries regardless of fault, so if you are injured as a passenger in someone else’s car, your insurance company may refuse to pay for your medical care until you’ve established the status of any MedPay coverage. And what if you receive MedPay benefits — but then file a personal injury claim against the person responsible for the accident? In some cases you may have to pay back the benefits.

3. Subrogation Provisions

Roughly 50% of Connecticut health insurance companies have subrogation provisions in their policies. These allow the health insurance companies to receive payment for medical expenses associated with your accident, if you receive a financial settlement. You may have planned to use your settlement to pay for future medical treatments, but your health insurance company has different interests in mind.

Protect your rights

If you or a loved one has been injured from a car accident in Connecticut, you have the right to make sure the responsible parties are held accountable. Understanding how insurance law plays a role in any accident claim is important, but it can be complex. Insurance companies are big businesses with their own legal representation; trying to handle them on your own can often backfire.

Contact an experienced Connecticut car accident lawyer for an evaluation of your case and helpful advice on your legal claim.

By: Deirdre Reedy

Classic Car Insurance In California

admin — Mon, 03 May 2010 17:56:12 +0000

Car insurance is a cover provided to automobiles on the payment of a premium, against any kind of loss. It means that in case of an accident, the insurance company will compensate any financial loss. A person is required to pay a fixed amount, which is known as premium, to the company on a regular basis. Classic car insurance is different from regular car insurance on the basis of, the type of coverage offered and the terms of claims. Classic car insurance in California has insurance laws and coverage options designed according to the state laws.

In California, classic car insurance can be applied for, only if the car is more than fifteen years old. The owner of the car must have held a driving license for more than ten years, and must also have at least one other car, for regular use. Further, it is mandatory for a classic car owner in California, to provide a garage to house the car, when not in use.

Regular car policies that are available are Actual Cash Value and Stated Value policies. Actual Cash value policies pay the insured the adjusted value of their cars in case of irreparable damage to the car. This adjusted cost is calculated by subtracting the depreciated value from the original value of the car. Stated Value policy is where the insurer pays ?up to? a certain amount in case of a claim for total loss. Both these policies are unsuitable for classic cars, as their value does not depreciate but rather, appreciates.

Therefore, the type of insurance policy preferred by the California classic car owners is the ‘Agreed Value’ policy. Under this type of policy, in case of total loss, the insurer is liable to pay a sum that, the insurer and the insured agreed upon while drawing a contract.

There are also many driving restrictions, while purchasing classic car insurance. There are limits on mileage, as well as speed. The owner of the car is also not allowed to use it for daily errands or commuting as a regular car might be used.

By: Josh Riverside

Department of Auto Insurance – Three State Examples

admin — Mon, 05 Apr 2010 16:34:47 +0000

In different states there are also different laws and insurance requirements for people living in that state. There are states that are very strict with their laws like getting your car insured before you will be allowed to drive a car for yourself.

Your state government is only concerned for the safety of the people living in that state. Each state has a department of auto insurance this department deals with problems and questions for auto insurance policies. The states requirements of auto insurance vary from one another, they have different rules and regulations or it can be that their laws are almost the same with other sates.

This department helps in implementing and monitoring in with the people’s auto insurance. To know about other states department of auto insurance then here is a sample list of the state’s and their auto insurance laws.

Delaware auto insurance. This state requires their drivers to get a personal injury protection; this insurance pays the lost wages and the medical expenses that the passenger and the owner lost. Liability insurance is also mandatory in this state. If the owner wants to cancel his insurance he must then give up his license plate to the department of motor vehicles.

If the owner will not surrender the license plate then the department will audit it as insured but if they will find out that the owner is uninsured he’ll be given a penalty. In this state if you are found to be driving without the necessary insurance your driver’s license will be suspended for 6 month and you will pay a fine.

Nevada. They are required to get liability insurance plus the owner of the car must carry with them their proof that his car is insured under a car insurance company that is license by Nevada. This state also uses a verification program to identify uninsured motorists. If found out that a vehicle is not insured they will suspend the registration of that vehicle. The state may also suspend the driver’s license and let the owner pay the fine.

Georgia. This state’s mandatory law is to maintain continuous liability insurance coverage for the owners of cars. To be able to register your car you must have liability coverage and a proof that his car is insured for if not his car will not be registered.

That is why there are rules and laws for people to follow they are put there for a reason and a purpose. If you want a car then you should be prepared to shoulder the responsibility in having one and that is to get the necessary insurance your state requires.

By: Gordon H. Smith

Cheap Teen Auto Insurance

admin — Tue, 30 Mar 2010 21:55:29 +0000

Anyone looking to buy cheap teen auto insurance in Arizona should start by learning about the state’s auto insurance laws. In Arizona, all cars on the roadways should be covered by one of the statutory forms of financial responsibility. Because of this, drivers purchase auto liability insurance. The minimum liability insurance is $15,000 for bodily injury for one person per accident, $30,000 for two or more persons per accident and $10,000 for property damage.

Statistics show that the chances of an accident are much higher during your teen’s first year driving. This makes it harder get good rates on teen insurance. However, there are some ways in which you can qualify for discounts on teen insurance.

Maintaining good grades and taking driver education courses will help you buy cheap teen insurance in Arizona. Auto insurance companies offer discounts to students who study full-time and maintain at least a B grade. A teen that has completed a driver’s education course is considered a safer driver, and is able to save 10-15 % or more.

The state of Arizona offers several different “classes” of driver licenses. Teens have to fulfill some serious requirements before they can advance to the next level. These requirements range from certain amount of practice to maintaining an immaculate driving record. Teens, who maintain a good driving record for a year, are likely to get a discount on premiums. On the other hand, one DWI conviction is enough to raise the premium.

Choice of vehicle is also important for getting lower auto insurance rates. Buying a cheaper or a safer car can save you money. Going for a cheaper car means avoiding big cars and classics, as the insurance rate on them is much higher than other cars. The other option that you have is buying a car that is considered a safe car, such as Honda Civic or a car that is fitted with safety features (anti-theft, air bags, etc).

You can also cut your teen insurance costs by combing policies. For example, you can combine your house insurance policy with your teen’s auto insurance to save money on both.

A very good way to buy cheap teen auto insurance in Arizona is to visit an insurance quotation site. A quotation site gives you a comparison of the insurance rates in your area, so that you are able to identify the company that meets your needs best.

By: Paul Whitehead

Getting Auto Insurance In NY – Where To Get It

admin — Sat, 13 Mar 2010 02:17:15 +0000

Getting no fault insurance can vary a lot in price. I would recommend researching as much as you can about car insurance. For example, you can often opt for simply storage insurance coverage and pay as little as $20 per month.

You should be made aware of New York’s requirements for auto insurance. First, insurance coverage must be at least $25,000/50,000 for injury, $50,000/100,000 for death and $10,000 for property damage. New York is considered a no fault state. Remember, even if your car is not being used your insurance must remain in effect as long as it’s registration is valid. Motorcycles don’t have this requirement, as different insurance laws apply here. I would recommend looking into storage insurance if your car is only being used during the summer months.

You insurance carrier must be a New York insurance company. Using a an out-state company is not valid and your insurance will not be accepted is you are involved in accident. Upon receiving your insurance coverage your carrier is required to provide 2 insurance cards to you that will have a bar code strip on the back of it. You will need this when going to the DMV. The DMV will not accept any out of state insurance documents.

Finding an insurance company. This isn’t always an easy task to undertake. I would go with the one that you feel the most comfortable with. Response time to replace your vehicle should be important to you, if you happen to ever have to deal with that.

By: Frank Merrill

An Overview of New York Auto Insurance Requirements

admin — Thu, 25 Feb 2010 13:16:42 +0000

Laws and requirements for insurance are complicated and vary from state to state. There are numerous and varying types of coverage you choose from, whether full liability or personal injury protection. Some states require certain coverage types while others make it optional. New York has some some complicated requirements and options so lets review them.

Liability Coverage

Every states requires liability coverage, the most basic coverage , New York included. New York auto insurance laws require $25,000, $50,000 or $10,000 in coverage. These figures cover bodily injury liability per person, total bodily injury per accident, and property damage per accident, respectively.

New York State is different in that it requires twice the bodily injury liability limits in the event the accident results in death, taking the limits to $50,000/$100,000. Owning a car is expensive in NYC if you haven’t figured that out yet.

Personal Injury Protection

Personal injury protection or PIP is required in New York, as well as several other states. It is an extended type of auto coverage that assists with medical costs and can cover lost wages and other miscellaneous charges.

Medical Coverage

New York is what is referred to as a “no-fault” state. All individuals that have New York auto insurance are required to have this coverage. This covers the insured’s medical costs, regardless of fault. There is some controversy over this type of coverage as it is generally expensive and is thought to create redundant coverage when the insured also has regular medical insurance.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist coverage is optional in some states but, required in New York. This coverage will cover the insured, up to the limits they have purchased, if they are in an accident caused by another driver and that driver is not insured or does not have sufficient insurance to cover the full liability. Another common case that this type of insurance is helpful is in the event of a hit and run.

Other New York Auto Insurance Requirements

New York State requires that auto insurance remain in effect while a vehicle is registered, regardless whether or not the vehicle is being used. If a vehicle is not being used, New York State requires that plates are returned to the state to cancel the registration.

New York auto insurance law requires that New York drivers have insurance in the state, out of state insurance is not acceptable. This state also requires that the insurance must be in the same name as the registered owner. Neglecting to follow this requirement will result in a lapse of insurance and the registration will be suspended; the owners’ driver’s license will also be suspended if the lapse exceeds 90 days.

By: Rex Freiberger