Michigan Governor Gretchen Whitmer officially signed a landmark no-fault auto insurance reform bill today (May 30). The legislation, which passed with bipartisan support, is designed to lower the state’s ‘extortionate’ insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries.

The bill, which will take effect next week once it has been filed with the Office of the Great Seal, will guarantee rate reductions for every Michigan motorist and offer choice among personal injury protection, or PIP, levels, which often make up about 50% of car insurance premiums. According to earlier Associated Press reports, a rollback in PIP rates will start in July 2020 and last for eight years.

The legislation also prohibits the use of several non-driving factors in setting rates and scale back reimbursements for health providers that treat accident victims to 190% to 230% of what Medicare pays, according to a report by wwjnewsradio.com.

In contrast to some other no-fault auto insurance states, Michigan doesn’t have a fee schedule for care covered by auto insurers, which means they’re often paying much more for the same services than employer plans or government insurance, such as Medicare, have to pay.

This has contributed to Michigan’s very costly average auto insurance premium. According to a recent report by The Zebra, an insurance comparison website, the average auto insurance premium in Michigan is $2,693, which is 83% higher than the national average of $1,470. Detroit’s premium on average is a staggering $5,464, which is much higher than any other US city.

After signing the reform bill into law at the Mackinac Policy Conference, Governor Whitmer told WWJ that the bipartisan cooperation in Michigan is a stark contrast to what’s coming out of Washington.

She said: “When we focus on these fundamentals, I think we can find common ground. There’s so much ideology and dysfunction in Washington D.C. and I am determined not to let that divided government paralyze us in Michigan, but to make it incredibly productive.”

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Just weeks after Michigan Governor Gretchen Whitmer signed a landmark no-fault auto insurance reform bill, legislators are demanding for more to be done to reduce the state’s extortionate auto insurance rates.

US Rep. Rashida Tlaib has introduced a bill called the Prohibit Auto Insurance Discrimination Act (PAID), which would prevent auto insurance companies from using non-driving factors like zip code, census tract, gender, education, occupation, employment, homeownership, credit score, and marital status, to determine rates.

According to a report in the Detroit Metro Times, Tlaib brought PAID to the table alongside Rep. Bonnie Watson Coleman, D-N.J., because she believes the bill recently signed into law by Governor Gretchen Whitmer “does not go far enough to stop these harmful practices” of using non-driving factors.

“Auto insurance rates should be determined by your driving record, not your credit score, gender, marital status, education, residence, or any other non-driving factor that has nothing to do with your safety on the roads,” Tlaib commented. “Drivers in Michigan’s 13th congressional district face some of the highest car insurance rates in the nation, and non-driving factors that serve as proxies for race and income and allow modern-day redlining are a main culprit. The use of non-driving factors puts marginalized communities at a disadvantage and creates obstacles to economic opportunity for families.”

According to the insurance search engine, The Zebra, Michigan has the highest auto insurance rates in the country, with an average premium of $2,693. Some drivers in the state are paying in the realm of $5,000 every year to get on the roads, which takes a significant chunk out of the average annual income of Detroiters.

Watson Coleman told the Detroit Metro Times: “Car insurance is absolutely necessary for most American families, so when companies raise rates for unfair, undisclosed, and unproven reasons, families are going to be hurt. Income proxies like where you work or whether you have a college degree don’t weed out bad drivers — they just create a two-tier system where those who make less get charged higher rates. Working families deserve better than a system that is fundamentally unfair.”

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Driving a Tesla may save their owners money on gas – but, according to a report, they’ll probably end up using those savings on insurance premiums.

A 24/7 Wall Street report found that two Tesla Models – the Tesla Model X Electric 4WD and the Tesla Model S 4dr Electric 4WD – were America’s two most expensive vehicles to insure. Coming in first place, the Model X has an annual average cost to insurers of $1,909, while the Model S has a $1,866 annual average cost to insurers.

Read more: These are the most, least expensive cars to insure in 2016

24/7 Wall Street said that it reviewed data on insurance claim payments made by insurers by make and model from the non-profit Insurance Institute for Highway Safety in order to find the cars with the highest insurance costs – with the model that is most expensive to insure having the highest overall average cost to the insurer per year.

In third place is the Mercedes-Benz S-Class 4dr LWB ($1,783), followed by the Mitsubishi Lancer ($1,556), the BMW 4 series 2dr ($1,485), the Dodge Charger HEMI ($1,475), the Kia Optima Hybrid ($1,475), the Scion/Toyota FR-S/86 series ($1,447), the Chevrolet Camaro ($1,402), and the Dodge Challenger ($1,399).

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The season of RVing is upon us, as families pile into campers, make their way to America’s campgrounds, and explore all that this nation’s parks have to offer. While a policyholder can just hitch up their RV to their standard auto policy, that isn’t necessarily the option that provides the best protection, should anything happen in the midst of an RV adventure.

“The biggest difference between an RV and a car is that the RV is dual purpose. It’s a car or [a form of] transportation, but it’s also used as a home, so there are unique exposures that a standard auto type of policy doesn’t address,” said William Hobbs, president of Recreation Insurance Specialists (RIS), which is a member of the Allstar Financial Group network of companies.

If a neighbor that’s strolling by your house trips and falls in your driveway because their foot got caught in a crack, that is a personal liability exposure. The same applies for an RV.

“If you’re parked at a campground, you’ve got personal liability exposure there as well. Everything from, you could be throwing horseshoes and hit someone,” said Hobbs. “We had a claim years ago in our program where a guy was barbecuing ribs and he was a hunting enthusiast, so he packed his own shot gun shells. He was carrying actual gun powder with him in his RV, and he was grilling a couple of feet away from his RV for an extended period of time.”

The heat from the barbecue ignited the gunpowder and caused an explosion, which affected his neighboring RVers. This incident wouldn’t have been covered by a standard auto policy since it was damage caused to other people’s property.

A few other exposures faced by RVers are also covered by specialty RV insurance.

“In many cases, the contents coverage you have for your home does not apply to things that you’re carrying around in your RV, so a specialty policy provides contents-type coverage for you in that situation,” explained Hobbs. “There’s also a very popular coverage called total loss replacement coverage. That’s a unique coverage in the RV world. It started to make its way in the personal auto world in recent years, but it’s been in the RV industry for over 20 years. If you buy a brand new unit and five years from now, you have a loss [because] your RV is totalled and cannot be repaired, the insurance company will get you a brand new RV of that current model year, wherein most cases, your insurance company is going to pay you a depreciated value or the current value of that unit.”

Though they face some unique risks, RV enthusiasts are insulated from other exposures that an immobile home might not be, such as natural catastrophes.

“What’s unique about an RV is that you can get in and drive away,” said Hobbs. “Florida is a very big RV state, for example, so if a hurricane is coming, people can get in their RV and they can drive away. We’ve done a number of studies over the years that have proven to our reinsurance partners that people that are in Florida during the summer months – the main hurricane season – are actually leaving Florida.”

In fact, a significant portion of RIS’s claims during the season are in states other than Florida, indicating that people are leaving because of the heat, for one, but also because they know when storms are coming.

Read more: Seven tips for insureds with peak tornado season blowing in

“The biggest catastrophe exposure in the RV industry is more so when you get groups of RVers together. RVing is almost a lifestyle and people like to [meet up] at various events,” said Hobbs. “At some of the larger events, as an insurance company, you may have 1,000 units there that you insure sitting in one location, so if a tornado or a hailstorm were to occur during that period of time, you’ve got the catastrophe exposure associated with that.”

Retail agents who count RVers as clients should direct them to the insurance solutions crafted with their exposures in mind, especially since many RV sales happen between individuals rather than a potential buyer going into a dealership, which might have a relationship with an agent specializing in RV insurance. Information about this product might then not make its way to new owners.

“If somebody buys an RV, they can go to their standard auto insurer and get a typical auto policy that insures their RV, but, if they do that, they’re not getting all of the coverages they need to properly insure that RV,” Hobbs told Insurance Business. “RVers can get coverage that’s much better than what they have on a personal auto policy for, in many cases, the same premium or less than what they would be paying from a standard auto insurer.”

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While Level 5 autonomous vehicles aren’t commonplace yet, the car of today already looks vastly different than the vehicles that were on the roads a decade ago – an evolution that has implications for insureds’ exposures and insurance needs.

“Already, new cars today typically have dozens of sensors built into them,” said Drew Aldrich (pictured), principal at American Family Ventures, and a panelist at the upcoming Emerging Risks & Innovation Summit in New York. “As the sensors in the cars become increasingly important to making decisions or actions in the car – nudging the car from swerving into lanes or accident avoidance – the actual compute has to be done in the car itself. It can’t be sent to the cloud for the compute to be held there and then sent back – the feed just doesn’t require it – so that’s causing lots of really interesting things in the world of edge computing, where the actual computer doing all of the compute work is happening in the vehicle itself.”

With the rise of edge computing, which entails the processing of data near the edge of a network where it’s being generated, rather than at a data-processing warehouse, there’s also been increased interest in protecting the vehicle and its various sensors from, for example, viruses.

“We’re seeing a lot of interesting innovation on how do you bring what was classically the antivirus type of software for your PC way back in the 90s, what’s the equivalent of that for the auto industry?” said Aldrich.

Yet, the installation of emerging technology into vehicles hasn’t affected risk exposure in the way that some might have expected, in that it would drive down claims since a degree of human error has been removed from the equation.

“That hasn’t necessarily been the case because there are a lot of other factors – there’s distracted driving that has likely had a major impact on increasing claims cost, and then the compounding effect of this is that with the added sensors in the bumper or wherever, the claims severity has increased because you now have to replace these sensors,” explained Aldrich. Whereas back in the day, a driver could have a fender-bender and they didn’t necessarily need to report it or they could live with it, if there’s a sensor in that area today, it could be broken after a small collision and will need to be fixed, which impacts repair costs.

“In theory, over the next 10 years or so, these increasing capabilities of the car to avoid accidents should eventually start to drive down incidents, but we’re still in the early stages of that,” added Aldrich, who encourages other insurance professionals to learn as much as they can about innovation in the mobility space now, before major changes take hold.

“It feels like a uniquely pivotal time because, in the medium term, we should actually see some real effects of these sensors, and the cars becoming smarter and acting more autonomously,” he said, though he adds that while the auto broker can sleep a bit easier knowing that full self-driving cars are a way away, they still need to be cognizant that these changes are on the horizon. “They can come to conferences, like this one, and keep tabs on it. Whenever it’s an interesting time, that’s a great opportunity for [brokers] to provide expertise and guidance to their clients.”

Take a deeper dive into this issue at the Emerging Risks & Innovation Summit in May 2019.

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Auto insurance is required by state law for all drivers to have. This is fortunate for drivers, as auto insurance provides coverage for any costs that may result from auto accidents. There are many providers for auto insurance and if you would like advice that will help you choose the right one, then read this article.

Before buying a car, take into consideration the cost of the insurance policy for the type of car or cars you are looking at. Generally, the more expensive the car is, the higher the insurance cost will be. Take into account the insurance cost before purchasing the car you have chosen.

If you are putting less than 20% down on your car, make sure to look into getting GAP car insurance. Should you have an accident while you are still in the first year or two of payments, you may end up owing the bank more money than you would receive in a claim.

Think about whether your car really needs those fancy, expensive accessories. You should pay attention to the features that matter to the running of a car, not luxury options like heated seats. If ever you car is stolen or totaled, your insurance won’t reimburse you for damages done to it.

If you do not drive that many miles each year, look into the low-mileage insurance for your car. If you put less than 12,000 miles on your car each year and do not have the low-mileage insurance, you may be losing out on a good bit of extra money each month.

Pay a yearly sum for your automobile insurance. Some companies charge a little more to put their customers on a monthly billing plan. If you are able to pay off the bill in one lump sum for the year, you could save some money and you will have one less bill to worry about.

When purchasing auto insurance, make sure you do your homework and shop around. You can do this online. Look for companies that will give you the best discounts along with the best price. There is no reason to pay too much for car insurance.

Since auto insurance premiums are based on the value of your car, you should be sure to check the price of the insurance out before buying a new car. The price of insurance also reflects the cost involved replacing parts or repairing your vehicle if you are in an accident.

Some companies offer discounts for those who do not log mileage in excess of 7500 miles per year. If you are aiming to save some cash on your auto insurance, cutting back on the number of miles you drive could be a good idea.

Car Insurance

Be aware of everything you are insuring. A lot of people have car insurance but surprisingly few actually look at the individual things they are insuring. It is important to know your insurance types. You don’t want to get in a wreck and find something expensive wasn’t covered by your insurance.

Start carpooling. Many car insurance providers will charge you less if you do not drive your vehicle often. If you drive less than 7,500 miles a year, your premiums might be significantly lower. If you are unable to carpool, try taking the bus or some other form of public transportation.

Install an alarm in your vehicle. Getting an alarm for your car can protect it from being stolen or vandalized. It can also help to lower your premiums. Check to see if your car insurance provider offers a discount for having an alarm. If you already have a car alarm, make sure you inform your provider.

Auto Insurance

Contact your auto insurance agency if you have a change in your work situation. Retiring, cutting back your hours, or switching to telecommuting all mean that you will be driving considerably fewer miles each week. The number of miles you drive can have a significant impact on your auto insurance rates.

Before you add your teenage driver to your auto insurance policy, take a look at your own credit history. If your credit is good, it’s usually cheaper to add a teen to your own policy. But if you have had credit problems, it would be better not to hand that on to your child; start them off with a policy in their own name.

Cheap Auto Insurance

If you want to get cheap auto insurance rates one of the things that you can do is to build up your reputation as a safe driver. If you had no claim in 5 five years, your insurance can be reduced by as much as 75 percent. Insurance companies will give you lower car insurance rates if they know that you can stay away from accidents.

If you want to get cheap auto insurance rates as a brand new driver, one of the things that you can do is to take a pass plus. Some insurance companies can give up to 25% on discount if they know that you passed your test without any claims. This could greatly lower your insurance coverage.

Insurance Discount

Did you know that a simple feature on your automobile like anti-lock brakes entitles you to an insurance discount? It’s true; the safer your vehicle is, the less you will ultimately have to pay for auto insurance. So when you’re shopping around for a car, spending a little extra for safety features is rewarded in the long run via lower premiums.

Installing anti-theft systems in your car can save you significant money on your car insurance. Regardless of their actual effectiveness, alarms and tracking devices deter thieves and insurance companies acknowledge that fact by reducing premiums. Remember that anti-theft equipment is a one-time expense, but the value of an insurance discount will continue to grow over time.

As stated before, auto insurance is required by state law. This works as an advantage for drivers, as it protects them in the event of an auto accident. Many providers exist that sell auto insurance. By using the advice from this article, you can choose the right auto insurance for yourself.

Cheap NJ Auto InsuranceCheap auto insurance is the goal of every New Jersey driver to have as long as it the insurance you need. Besides being required by state law, auto insurance covers you in the event of an auto accident by lessening the cost of paying for car injuries to your automobile and the opposing drivers. If you need help with getting cheap auto insurance in NJ, then follow the tips in this article.

If you want to get cheap auto insurance rates one of the things that you can do is to build up your reputation as a safe driver. If you had no claim in 5 five years, your insurance can be reduced by as much as 75 percent. Insurance companies will give you lower car insurance rates if they know that you can stay away from accidents.

To lower your car insurance rates as a brand new driver, one of the things that you can do is to take a pass plus. Some insurance companies can give up to 25% on discount if they know that you passed your test without any claims. This could greatly lower your insurance coverage.

As you age, check with your auto insurance company about discounts. If you have a long history of safe driving habits, your age might qualify you for further rate reductions. Most insurance companies have a sweet spot around fifty five to seventy years of age for age-related discounts on their policies.

NJ car insuranceIf you drive fewer miles per year, your insurance rates will decrease. If you can prove to your insurance company that you drive fewer miles, they are likely to lower your premium.

Parents looking to keep their family’s auto insurance payments to a minimum would do well to buy a car whose insurance is affordable in general. A late-model, less glamorous car will be less expensive to insure in general, and will especially save money when including any teenage children you may want to include on your policy.

Shop online! To ensure you get the absolute best deal on car insurance, do most or all of your research online – and then buy online. Technology now allows fast comparison of so many companies and features; it greatly simplifies the task of finding the right company with the right rates and the right coverage to fit your needs and budget.

Doing something simple like putting a car alarm on your automobile can ultimately save you hundreds of dollars over the life of your insurance policy. Statistics show that vehicles with alarm systems are less likely to be stolen, and any vehicle less likely to be stolen poses less of a risk with an auto insurance company.

Decrease your mileage to decrease your premiums. The amount of miles you drive actually has a very large effect on the amount you pay for your premium. If you can cut down the amount of miles you drive, your premiums will fall with it. Give yourself a break, and take the bus on occasion.

Get liability-only coverage. This policy is the cheapest one you can get that still follows all mandatory minimum state laws. Just remember that it does not cover you or your vehicle, only the other person and their vehicle. In the event your car is damaged in some way, you would have to pay for the repairs yourself.

If you’re planning on buying a new car, choosing one that is less desirable to thieves will lower your insurance rate. Online, you can find lists of the cars reported stolen most often and it’s likely that they are the same lists that your insurance company uses to calculate your premium. Use this information as part of your research into which car you should buy.

Find out all of the available discounts that your insurance provider offers. There may be some discounts available that you did not know about when you opened your policy. You may have to take a driver’s course of some kind but it will increase your driving skills and reduce your premiums.

You should always pay your car insurance on time. You will have to pay back your insurance company, perhaps with interest. If you cancel your policy without paying back your insurance company, this will show up on your credit score. When you apply for a new insurance, your bad history will show up.

You need to be sure that you are working with a reputable car insurance company. There are many smaller car insurance companies that claim to be able to give great coverage but in actuality, they cannot compete with the big insurance companies at all. You may not have the coverage that you think you have.

Carefully select your policy when you are getting auto insurance coverage. Some companies offer accident forgiveness programs and accident-free incentive programs. You need to chose a company that will give you the best rate for the most coverage. Understanding your policy will go far in helping you understand your rates.

Get a new car to save money on car insurance. The car you drive makes a lot of difference to an auto insurer. If your car is one that gets stolen often, look out for higher rates. If you buy a sporty coupe that goes very fast and gets lots of tickets, expect to pay much higher insurance premiums. Check out sites such as Kiplinger.com for lists of the cheapest cars for auto insurance.

Many auto insurance companies automatically add extras, such as emergency road side assistance, legal protection, key replacement and guaranteed hire car to your policy. If you don’t need these services, removing them from your policy can drop the annual cost of your auto insurance by a significant amount.

If possible, pay for your auto insurance in one lump sum. When you pay your insurance premiums monthly or quarterly, insurance providers can charge you an administration fee and interest on the money that you owe. The interest rate is also likely to be much higher than the interest rate you could get on a personal loan.

In conclusion, cheap auto insurance is the ultimate goal for all drivers. Owning auto insurance is required by law and provides you with safety coverage in case of accidents. With the tips provided in the article above, you should be able to achieve cheap NJ auto insurance that best suits you and your needs.

DETROIT (WJBK) – Mayor Mike Duggan has sued the state over no-fault insurance, calling it unconstitutional.

The lawsuit argues the mandatory no-fault auto insurance system violates the constitutional rights of Michiganders because the insurance costs are so high. According to the suit, our annual auto insurance premium of $3,059 is double the national average cost: $1,512.

More so, the lawsuit argues that the extremely high cost significantly affects the Detroit population, where those drivers pay an average of $6,197 a year for coverage.

“Right now it’s either put food on my table or pay this high insurance,” said Gladys ‘Peggy’ Noble.

It’s a choice no one should have to make, much less a 76-year-old retiree. Meet Gladys Noble, a Detroiter living on a fixed income.

She is one of several plaintiffs suing the state over its no-fault insurance law, saying it discriminates against the poor.

“There are a whole lot of people in Michigan making $10 or $12 dollars an hour,” said Mayor Mike Duggan. “Who are driving illegally to work because they don’t have any choice.

“The transit system doesn’t get them there and they can’t afford car insurance and that’s really the crux of our case: you’re denying people their civil rights by pricing the insurance so high.”

The mayor has long been a proponent of insurance reform in Detroit, where many go uninsured, and even announced his own proposal last year to combat the high insurance rates. The proposal was defeated.

Duggan filed the lawsuit in federal court Thursday. The Michigan Supreme Court ruled 40 years ago that because no-fault insurance was mandatory for all drivers, Michigan had to make sure it was available on a fair and equitable basis and the rates were not excessive or unfairly discriminatory.

But now, according to the lawsuit, Detroiters pay an average of $6,100 a year for car insurance. The average yearly premium in Michigan is about $3,000. That’s more than double the average in Ohio, Illinois and Indiana.

FOX 2: “This is your new ride?”

“Yes this is my Jeep Compass,” said Joanne Barnes. “I purchased it in 2018. I’m paying $417 to lease it. I’m paying $330-something a month for full coverage to insure it.”

The lawsuit is asking the court to put Lansing on the clock, demanding the governor and legislature revamp the insurance system within six months. The effort is not without its critics.

“I think it’s important that we understand the importance of really getting to the core challenges and issues and that’s redlining,” said Detroit State Rep. Sherry Gay Dagnogo.

Dagnogo is chief among them.

“The efforts to move forward with a lawsuit that would only address the issue of unaffordability being unconstitutional and then placing the blame on trial lawyers is disingenuous,” she said.

Unfair or not, drivers want lower insurance rates and will take it however they can get it.

“It’s bad, it’s bad,” said Noble. “I hope something can be done about this. I really do.”

Proponents of the no-fault system point to the benefits, which include: All medical care for a lifetime; wage loss up to three years; replacement services; at-home care; and medical mileage. But all that, of course, comes with a price.

“With a pure tort state, people’s auto insurance rates drops by more than half, overnight. No-fault is great, but, it’s expensive and people don’t really understand the benefit that it offers until normally it’s too late and they’ve been injured in a car accident,” Steve Gursten with Michigan Auto Law told FOX 2 earlier this year, when lawmakers also discussed reforming the system.

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Auto insurance can seem like a complex or complicated business. There is a lot of misunderstanding that is involved with the whole insurance industry. Sifting through all of the information can be a chore. Luckily, we have compiled here some of the most helpful auto insurance tips available. You can read them below.

Contact your auto insurance agency if you have a change in your work situation. Retiring, cutting back your hours, or switching to telecommuting all mean that you will be driving considerably fewer miles each week. The number of miles you drive can have a significant impact on your auto insurance rates.

If you are thinking of purchasing aftermarket enhancements for your car, check to find out how much will be covered by your insurance if there is theft or damage. There are lots of cases where the insurance won’t cover these additions.

When dealing with car insurance a person needs to understand that who they are will affect their premiums. Insurance companies will look at things such as how old you are, if your male or female, and what kind of driving record that you have. If your a male that is 25 or younger you are going to have the higher insurance rates.

To save money on your car insurance with a teenager in the house make sure that you only add them to the cheapest car in your driveway. Insurance ratings and prices are based on the risk the company estimates that it would have to pay out in the event of an accident.

Almost every car insurance company is charging you according to the risk you pose, so a great way to save money is to come across as a low-risk driver to the insurer. One way in which you can lower your risk is to attach a GPS device to your vehicle. These anti-theft devices save the insurance companies thousands if your car is stolen, and the savings are passed on to you.

If you are a young driver with a high rate, add a responsible older driver to your policy to help get it lowered. Insurance companies look at the age of the drivers, as well as, their driving records, so adding someone over the age of thirty, who has a clean record, will quickly drop your premiums.

Car Insurance

Shop online! To ensure you get the absolute best deal on car insurance, do most or all of your research online – and then buy online. Technology now allows fast comparison of so many companies and features; it greatly simplifies the task of finding the right company with the right rates and the right coverage to fit your needs and budget.

With your car insurance, it is important that you know what your coverage covers. There are certain policies that only cover certain things. It is important that you understand what your plan covers so that you do not get stuck in a sticky situation where you get into trouble.

Do not forget to remove drivers from your car insurance plan. If you add a child or any other individual as a driver to your plan, do not forget to remove them when they are no longer using that vehicle. If you don’t remove them, you are paying more money than you need to be.

Be aware – there are certain aspects of car insurance – which each state requires car owners to have. It is important to know this because you do not want to get in trouble for not having these aspects. If you are unsure of what these requirements are, you may want to contact your auto insurance agent.

Installing anti-theft systems in your car can save you significant money on your car insurance. Regardless of their actual effectiveness, alarms and tracking devices deter thieves and insurance companies acknowledge that fact by reducing premiums. Remember that anti-theft equipment is a one-time expense, but the value of an insurance discount will continue to grow over time.

If your car has lots of safety features, be sure your insurance agent knows about them! These can save you money. Also, ask if there are features you can add that will save you money. For example, adding an alarm system or steering wheel lock to prevent theft can get you a nice discount on car insurance.

Here is a thought for choosing car insurance! Know the value of replacement parts for your car, especially if you drive an older vehicle. Import cars will often be prohibitively expensive to fix, meaning that a minor fender-bender can result in the insurance company determining your car to be totaled. If this describes your situation, you don’t need to be paying out for collision insurance, because it won’t help you!

From this point you can go forward, and know that you have some good knowledge of car insurance. Investigation will be your best tool, going forward, to use to your advantage. Keep these tips in mind, and use them in conjunction with future information to have the most auto insurance success.

Finding the right auto insurance policy can be a nightmare. With so many different options and so many ways to reduce or increase the cost to you, it can take a seasoned expert to figure out exactly what you need. Here are some pointers to help you find the coverage that is right for you.

If your car is considered a classic vehicle, you can get what is known as classic car insurance. This is often far less expensive than traditional insurance. If your car is of extreme value though, you will want to insure it for enough to replace it in the event it is wrecked or stolen.

Contact your auto insurance agency if you have a change in your work situation. Retiring, cutting back your hours, or switching to telecommuting all mean that you will be driving considerably fewer miles each week. The number of miles you drive can have a significant impact on your auto insurance rates.

When considering auto insurance for a young driver, consider the benefits and drawbacks of having a higher deductible. If the deductible is higher, then it will be a cheaper policy and vice versa. It is usually recommended to find a good medium between the two, based on the driving skills and area that the driver will be driving in.

Make sure your license is clean. Accidents and moving violations on your record will drastically increase your insurance premiums. If you do have citations or accident reports on your record, you may be able to get them removed by attending driving school, which will lower your rates.

One way you can save on car insurance is to keep a clean driving record so you can take advantage of the discounts offered to safe drivers. Minor infractions won’t amount to much but being involved in traffic accidents can drive up your insurance costs tremendously. So, drive consciously, maintain a good driving record and enjoy the reward of lower premiums.

One of the best ways to get great deals on automobile insurance is to speak to someone in person or at least on the phone. Insurance is automated and very easy to get online, but actually speaking with someone allows for the back-and-forth Q n’ A session that may introduce you to some discounts you did not previously know about.

Before buying a car, take into consideration the cost of the insurance policy for the type of car or cars you are looking at. Generally, the more expensive the car is, the higher the insurance cost will be. Take into account the insurance cost before purchasing the car you have chosen.

If you’re planning to, or just got married, call your insurance company for a discount. Drivers who are married tend to drive more safely, especially if they have children in the car. Insurance companies often will give you a discount once you tie the knot, due to your better driving.

If your car is not particularly valuable, go ahead and select the minimum amount of liability, when you purchase auto insurance. This is the bare-bones coverage legally mandated by your state. While minimum liability provides very limited financial assistance when you make a claim, your needs will probably be modest if your car is modest, too. Minimum liability coverage is the cheapest insurance that you can get.

Purchasing auto insurance can be like driving in a town in the middle of no where without a map. Every turn you take you only get more and more confused. With a little bit a guidance however, it can be much simpler. Apply the principles in this article and you should find what is right for you.