Category Archives: Auto Insurance

Should You Use An Auto Insurance Calculator

Finding the best car insurance deals is tough, because, there are so many car insurance providers nowadays. There is no single insurance product that is suitable for all owners. Each owner has their own unique needs. Hence, the appropriate product varies from owner to owner. So, what is best for your colleague and friends may not be the right one for you. Your individual needs should dictate the kind of coverage for you.

When looking at coverage deals, most people simply go online to find them. Its hard to make decisions on your own, but you can come up with better choices using insurance calculators. These calculators are not like the handheld device you use to compute the total cost of, for example, groceries. Its a web utility that allows you to find suitable insurance deals from different companies. An insurance calculator can help you make quick decisions when looking for an insurance product.

Using an Auto Insurance Calculator

When using a car insurance calculator, you will provide some information that is necessary in determining what type of coverage you should get. Usually, you will be asked about your state, city, vehicle model and income. Using these kinds of calculators is a no-brainer. The role of this particular calculator ends as soon as it has provided you with a number of coverage providers.

Contacting Insurance Providers

After using the calculator, your next option would be to contact the insurance agent. At this point, you would ask the agent a few questions about their products and quotes. You can also get first-hand information from them. However, if you are talking to an insurance company representative, you will be subjected to marketing lures. They will convince you to avail of their services, even at the cost of making you believe that their insurance product is what you need. The lesson is to keep your focus. Keep in mind and focus on the coverage requirements you need.

Where to Find Insurance Calculators

Auto insurance calculators can be found on the internet. Its impossible not to find them. You can use the calculators of insurance companies themselves or those on independent websites. You can search for these calculators on the internet and check out the websites one by one. You can even compare the results of different websites for accuracy.

Customers usually use online insurance calculators several times. This is because many coverage holders become unhappy with their coverage that they look for other products and companies. If you are happy with your car insurance, then, theres no reason to be looking for other policies. But, if you are dissatisfied with your current coverage or you need another type, you will have to review your needs again.

Changing Your Policy

There are certain circumstances that could prompt you to change the type of vehicle policy you are holding. These situations are quite common. A transfer of car ownership may also mean a change in coverage policy. When you add safety features to your vehicle or have it re-upholstered, that could also mean you have to apply for another type of insurance. When you look for another type coverage, an insurance calculator can make your search easier.

People Arrested For Auto Insurance Fraud

A fraud common in institutionalized financial companies is auto insurance fraud. In its most usual form, a ring of corrupt health care providers conspires to defraud insurance companies by staging accidents and having the \”victims,\” who are actually paid a percentage of the fraudulent take, file bogus claims. Medical institutions such as physical therapists, pharmacies, dental clinics and orthopedic and medical supply companies are often included as participants in such claims as the injuries require various diagnoses for disability or chronic pain which may need prolonged or even life-long treatment.

At one time, this type of fraud was easier to commit undetected, as medical claims in general were paid quickly and with little scrutiny. Now, with the rising costs of medical care, and the increasing use of computerized systems to audit claims, insurance companies are able carefully inspect every claim, and their computer systems are designed to root out fraud. However, far too much fraud still goes undetected, and law enforcement has had to rely on informants rather than insurance companies themselves to break the rings and arrest the perpetrators of this costly form of fraudulent activity.

Recently, dozens of participants in an ongoing auto insurance scam were arrested in Florida. The scam was a very typical one, in which the first level of participants staged minor accidents but claimed that they had sustained injuries. The accident participants then had claims filed for them by a \”fraud mill,\” a clinic which was set up by the masterminds of the scam solely to file insurance claims. The \”fraud mill\” simply asked the participants to sign insurance forms, which were then filled out by the illegal clinic and sent to various insurance companies. Since Florida drivers carry a mandatory PIP, or personal injury protection, policy as part of their auto insurance, there is no need to prove fault or to adjudicate any claims – they can simply be submitted for reimbursement to auto insurers.

In this case, it was the Florida Division of Insurance Fraud, with the assistance of the U.S. Secret Service, which put an end to the fraud. A spokesperson for the Florida Division of Insurance Fraud estimates that legitimate auto insurance policy holders have paid $50 extra in annual premiums because of the cost of these fraudulent claims. This means that, unless the industry takes measures to prevent this type of fraud before claims are paid out, it is the honest consumer who repays the money that was in essence stolen by the criminal rings.

Due to the number of fraudulent claims, insurance companies incur tens of millions of dollars in losses per year. Before insurance companies are forced to increase premiums in areas where fraudulent claims occurs frequently, such as Miami-Dade County in Florida, efforts need to be made immediately with the advanced technology we have available today. In this particular case, the entire no-fault structure of Florida auto insurance was imperiled by this large-scale fraud, as it depended on personal injury protection insurance claims where no judicial process is necessary to determine responsibility.

Iowa Car Owners Get Free Auto Insurance Quotes

Who among us doesn’t like getting something for free. From the free sample to a free lunch we all like things we don’t have to pay for. With the internet you can now get instant car insurance quotes for free too. The reason is that insurance companies are so desperate for your business they will do almost anything to sign you up with them.

People in Iowa must understand why their state requires them to have car insurance, this is important for there are people who thinks negatively towards getting insurance for they feel that it’s just a waste of their money. If they would understand why it’s required by the state there’s a possibility that they would change their minds and cooperate or not.

Car insurance is required by almost all states in America. Each state has its own required insurance, people living on that state need to get them they also have their own rules and laws regarding coverage.

Iowa does not have government mandated insurance law however they have mandated minimum insurance requirements for their motorist. Just like other state they do not tolerate their car owner and driver to get away on their financial responsibilities if they are caught in car accidents. If you are living in this state and decided to get your vehicle insured it would be helpful get your Iowa car insurance quotes first.

But before that you should know about Iowa automobile insurance regulations. In Iowa’s car insurance law if you are caught driving without car insurance your license will be suspended until you could provide proof that you have insured your car. Some tips and advices for people who want to get car insurance quotes in the state of Iowa.

Getting insurance quotes are really easy but before that you have to understand car insurance coverage and know the minimum required auto insurance coverage that you need to carry in your policy.

Next is to know the insurance company that is authorized by the state of Iowa to give car insurance.

You should also find out the needed information the insurance company needs so they could asses and give you your insurance quotes. When getting quotes you are asked to fill out some form and put your personal information you also need to answer some questions such as do you have a current auto insurance or other question that would help them give you your insurance quotes.

You should also need to understand about car insurance coverage so that you would know if you need to add some coverage or not. Remember that your state only requires you to have the minimum insurance if you want to fully protect your family you should see if you needed to add other coverage on your policy to fully protect you.

If you want to save time in getting insurance quotes there are websites that can give you multiple insurance quotes online however the quotes you’ll get in this sites may not be the same quotes you’ll get when you go to the companies official website. Be cautious in getting quotes if you’re not sure then its better if you go to the company’s official website and get your quotes their just to be sure.

What Your Auto Body Shop And Insurance Company Don’t Tell You!

Minor accidents resulting in small fender-benders often cost more than your insurance deductible to have repaired at a traditional auto body shop. If the accident is your fault, then be prepared to pay the deductible.
Auto insurance companies contract with auto body shops for a pre-negotiated rate for repairs. Some practices include requiring low hourly labor rates or forcing the body shop to pay for a rental car if they do not complete repairs timely. These practices often tempt the auto body shop to cut corners, using lower quality materials or neglecting to complete certain steps required for proper repair.
When will the repair work be completed? Quite often, not when promised. Auto body shops like to blame this on a delay in parts delivery when the truth is they took on more business than they could handle. Check out the shop you are using to see if there have been multiple complaints about repairs being completed on time.
Car rentals can be costly make sure your insurance company covers the type of rental car you need while yours in the shop. Your policy might limit you reimbursement on a small car when you need a minivan.
Some insurance companies prefer auto body shops that use generic or salvage replacement parts to save money. This is fine for some repairs, but original-equipment manufacturer (OEM) parts are always designed to match perfectly and in some cases may be safer. If you are in an accident and you are determined to be at fault then there could be wording in your insurance policy that requires you to use lower quality parts or pay the difference for OEM replacement parts. If you are not at fault, be sure to tell the shop to use only OEM parts.
Many foreign made cars require special equipment and a high degree of precision to perform repairs properly. If you drive a foreign car make sure the shop you choose is certified by the manufacturer to do the work. Your insurance company will not be likely to recommend these shops because they charge higher rates however, they should be willing to pay to repair your vehicle to its original condition.
Does your insurance company provide a parts and service warranty? If so, its useless! The auto body shops guarantee is the one that is important to you most body shops guarantee their work and the parts manufacturers guarantee the parts.
Insurance companies have negotiated so many discounts with auto body shops that in order for the shop to stay in business they do lower quality repair work. Check with the Better Business Bureau, Vehicle Information Services or other agencies that monitor the quality of work done by auto body shops to be sure you are getting good service.
Joaquin Hernandez owns Collision on Wheels, a mobile auto body shop in the Los Angeles area. He comes to you at your home or workplace to provide auto scratch and dent repair, auto painting, and collision repair. Work is done in one day or less and the charge is often less than your insurance deductible. Visit http://www.collisiononwheels.com to learn more.

The Affect A Dui Has On Your Auto Insurance

Okay so you were young and dumb and drank and drove home buzzed or stumbling down drunk instead of taking a cab and you got pulled over by the police. Now you are facing a possible DUI conviction that will affect every aspect of your life for a long time to come including your future auto insurance rates. Just how much does a DUI impact your auto insurance rates?

There is no good scenario regarding your insurances rates in the case of a DUI. Once you have a DUI on your DMV record that information will make its way to your insurance agent either when it’s time to renew your insurance or when they run a check on your record which they tend to do periodically for reasons just like this.

Once your agent finds your DUI conviction you will be deemed a high risk driver and your insurance company will either raise your current premium accordingly, as much as doubling or even tripling the premium in some cases, or they will cancel you completely.
Trying to find auto insurance when you have been canceled and you have a current DUI conviction that is on your DMV record is almost impossible and if you do find an agent to carry you, the rate will certainly be through the roof.

So what are your options? DUI laws and insurance coverage vary state by state but most states require a driver with a conviction to carry a SR-22 form that tells the DMV that you have liability insurance. This makes it pretty hard to hide a DUI conviction from the insurance company.

Only a handful of states don’t require a SR-22 including Delaware, Kentucky, New Mexico, Minnesota, Oklahoma and Pennsylvania. In theory a driver in one of these states may be able to hide a DUI conviction from their auto insurance agent for years, especially if there are no other traffic citations or DUI convictions. Before you use this tactic, however, keep in mind that once your \”old\” DUI is discovered, your insurance company can take action and cancel you or raise your rates despite the passage of time. As tempting as it may be to hope it never comes to light, the odds are not in your favor and if your deception is unearthed it may be even more difficult to find auto coverage with someone else.

Your mother was right about one thing–everything does hurt less after enough time has passed. If you are able to afford the higher insurance premiums and you maintain a perfect driving record forever after, your high premiums will begin to subside with the passage of time. It may take a few years but eventually the sting of that DUI conviction will begin to subside and you will be able to fall back into lower premiums and be reclassified out of the high risk driver category.

So now that you know how painful a DUI conviction can be after the fact, drive smart, and don’t drink and drive.