Julie Perry : I am constantly hearing that you need to compare auto insurance quotes, can you tell me what collision insurance is and how to compare this between different insurance companies.

Response : Julie, yes, I know that every blog post or online article is screaming the headline “Compare auto insurance” or Compare car insurance” and so any person would naturally think that this is just a way for the marketer to make money or to get information of the client. Believe me, this information can be easily got in many other ways. However, this is a great tip which is over used, but a good one since it can save you money. What is more only the customer is most aware of what he or she wants and therefore you should be educated? I honestly believe that just like driving lessons, the basics of car insurance should be taught to each individual.

Well, let me explain collision insurance. Collision insurance is an important own damage coverage for auto insurance.This is for your car. Supposing you buy a new car, go for your business meeting and park your car in your client’s premises. Someone in the parking lot collides with your car and damages it. This is when collision coverage will pay you for the damages. In its simplest definition, collision auto insurance protects the driver financially in the event of an auto accident that causes damage to one’s auto. Auto insurance pays for damages incurred to the car in a collision, minus deductible. Collision would also pay if you collide with another car or auto. Remember that pothole damage to your car is also considered collision damage. For collision there will be a minimum deductible amount and if you want to waive this you will have to pay a higher premium.

Collision auto insurance can cover a wide range of circumstances. For example, damage to one’s car as the result of striking a telephone pole, driving into a cement pillar in an underground parking lot, or a hit and run accident while the car is parked in a parking lot.

Julie, all insurance companies will have the same coverage for collision auto insurance but the only thing that you need to compare for this coverage is the auto insurance rates and discounts for opting for higher deductible. The second important thing you need to pay attention is and compare auto insurance policy is for the condition of settlement of claim for collison since this might differ from each company. Some settle on actual cash loss basis while some settle on market value basis.

I am sure now you do not hate the words “compare auto insurance quote or compare auto insurance rates, or compare auto insurance coverage and fully understand what they mean.
Thanks.
Kamlesh.

Robert Pattinson: Can I drive legally without insurance?

Response : Recently the surrvey conducted  in USA has shown that out of every 6 drivers 1 driver is uninsured . I would not advise you to do this. The economy is bad and the job losses are high and so everyone naturally wants to save. Please compare auto insurance quote, review auto insurance policy, take a quote. I assure you that you will find the best auto insurance quote here online.

Almost every state requires you to have auto liability insurance. All states also have financial responsibility laws. This means that even in a state that does not require liability insurance, you need to have sufficient assets to pay claims if you cause an accident. If you don’t have enough assets, you must purchase at least the state minimum amount of insurance. But insurance exists to protect your assets. Trying to see how little you can get by with can be very shortsighted and dangerous. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident since accidents may cost far more than the minimum limits mandated by most states.

If you’ve financed your car, your lender may require comprehensive and collision insurance as part of the loan agreement.

With low insurance quote, you can save – have a piece of cake and eat it too.

Martin : Can I drive my car legally without insurance?

Response: This is absolutely incorrect. Almost all states have a mandatory requirement for car insurance, at least auto liability insurance should be obtained, and secondly the financial responsibility laws must be fulfilled. Almost all states require that you should have auto liability insurance; secondly you have to fulfill the financial responsibility laws. If the state does not have minimum car insurance liability coverage, they would require that you have sufficient assets to pay in case you cause an accident. Incase, your assets are not sufficient to pay for a liability loss, you need to purchase at least the state minimum amount of insurance.

I would certainly advice you to buy insurance so that your assets can be protected and you are relived of the responsibility with dealing with legal matters for settlement of the claim, giving you peace of mind. It is better to incur a little expense on the insurance since being shortsighted can land you in trouble. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident since accidents may cost far more than the minimum limits mandated by most states.

If you’ve financed your car, your lender may require comprehensive and collision insurance as part of the loan agreement.

Compare auto insurance quotes online, I assure you that you will find competitive quotes.
Thanks.