A Great Way To Save Money On Your Auto Insurance! As Featured On EzineArticles
Compare Auto Insurance
Compare Auto Insurance Rates In Your Area...
Save upto $397-$597 on your auto insurance.
Enter your zip code below and click Submit
Insurance:
Zip Code:

Low auto insurance quote – Ohio

Eben Pagan : Ohio, has very low auto insurance quote. Will the same premium prevail in 2010?

Response : It is indeed true that Ohio is the 11th lowest auto insurance rates in the nation, improving from its ranking of 13th in 2007. The auto insurance premium for Ohio on an average is $633.31 in auto insurance premiums in 2008, whilst the average US auto insurance premium are $794.98.

The Ohio Department of Insurance reports that auto insurance rates in that state have declined for the third consecutive year, according to the 2006/2007 Auto Insurance Database Report just released by the National Association of Insurance Commissioners (NAIC).
“Ohio has a healthy, dynamic and competitive auto insurance marketplace that helps drive the prices of premiums lower to the benefit of consumers,” said Ohio Department of Insurance Director Mary Jo Hudson.
Ohio’s average auto premium is less now than it was seven years ago, according to the Ohio Insurance Institute (OII). In 2002, Ohio’s average auto insurance expenditure was $642. Based on the NAIC findings for 2007 and the Ohio Department of Insurance (ODI) 2008 rate change report, OII estimates that the average auto insurance expenditure for Ohioans was $633 in 2008.
Department of Insurance analysts expect that rates for automobile insurance, overall, will slightly rise in 2010. Changes in automobile insurance rates can be attributed to repair costs, medical costs, weather-related claims, and the number of cars on Ohio roads.

What is important to note here is that the auto insurance rates are related to the auto claims expenditure and since these expenditures have remained low and this has helped in keeping the low auto insurance quotes. We all can help ourselves by being responsible auto drivers.
Thanks.
Kamlesh

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • Yahoo! Buzz
  • Twitter
  • Technorati
  • Live
  • LinkedIn
  • MySpace
  • MySpace

Kentucky Car Insurance.

David: I live in Kentucky and would like to know the basic things for car insurance for Kentucky.

Response: This is a very broad question and so will touch olnly on the basics. Let me know your specific question in relation to car insurance it you have one. Here is a tip I want you to keep in mind : Compare auto insurance quote and know the rules and regulations of your state alongwith reviewing your car insurance coverage at all times.

What is Kentucky car insurance?

Kentucky car insurance protects you from financial loss in the event of a car accident.

Essentially, your Kentucky car insurance policy acts as a contract between you and your insurer which states that in exchange for paying your premium, the insurer will pay for any losses or damages resulting from a car accident. Also remember that your car insurance rates depend upon the vehicle and the chances of car theft. For more information on theft of car and car insurance.

Can I drive without Kentucky car insurance?

No!

The State of Kentucky requires all motorists to carry liability coverage in the amounts of 25/50/10. In other words, you must be insured for the following amounts:

  • $25,000 total for bodily injury per person
  • $50,000 total for bodily injury coverage per accident
  • $10,000 total for property damage per accident
  • The penalties for driving without Kentucky car insurance are rather severe. If you are caught driving without Kentucky car insurance, you could face fines between $500 and $1000 as well as 90 days in jail.

    The repercussions of driving without Kentucky car insurance may haunt you long after your legal obligations are met—you will be considered a high risk driver and therefore have difficulty finding affordable Kentucky car insurance.

    What if I can’t obtain Kentucky car insurance in the normal market?

    If you have been refused Kentucky car insurance in the last 60 days – and can provide proof of that refusal—you may be eligible for the Kentucky Automobile Insurance Plan, or KAIP.

    According to the Kentucky Department of Insurance, KAIP can be purchased through regular Kentucky car insurance agents, or through a broker. Due to the expense of KAIP coverage, you will want to continue shopping for Kentucky car insurance in the normal market. You may cancel your KAIP coverage if you find more affordable Kentucky car insurance—any remaining funds will be prorated and returned to you.

    Under what circumstances can my Kentucky car insurance cancel my policy?

    The Kentucky Department of Insurance reports that your policy may only be cancelled if:

  • You have neglected to pay your premium (following a two-week notice).
  • Your driver’s license is suspended or revoked (following a 20-day notice).
  • You have committed fraud against your insurance company or falsified information.
  • Can my Kentucky car insurance company choose not to renew my policy?

    Yes.

    Your company may choose not to renew your policy on account of claim frequency or traffic violations.

    However, your company or agent cannot deny you renewal because of your age, your credit history or a disability not affecting mechanically assisted driving.

    If you feel your policy was cancelled or non-renewed in error, you are encouraged to contact the Commissioner or Insurance within seven days of cancellation or non-renewal.

    What if I still have questions?

    For more information on KAIP and Kentucky car insurance, contact the Kentucky Department of Insurance at (800) 595-6053.

    Your questions and querries are alwyas welcomed.

    Share and Enjoy:
    • Digg
    • del.icio.us
    • Facebook
    • NewsVine
    • Reddit
    • StumbleUpon
    • Google Bookmarks
    • Yahoo! Buzz
    • Twitter
    • Technorati
    • Live
    • LinkedIn
    • MySpace
    • MySpace

    Ross : I am based in California and I would like to know of pay- as- drive regulation for auto insurance.

    Response : Good news for California auto insurance clients. The California department of Insurance has revised the draft pay as you drive regulations California’s insurance commissioner, Steven Poizner, has issued final pay-as-you-drive regulations, which will enable insurers to offer consumers rates that are based on actual miles driven as opposed to estimated miles driven.
    “Pay as you drive is an innovative way to create financial incentives for California motorists to drive less, leading to lower-cost auto insurance, less air pollution and a reduced dependence on foreign oil,” said Poizner.
    This allows the insurance companies to offer discounts to drivers who would prefer to have a auto insurance policy which is based on the mileage. The insurance company must get the auto insurance program approved from the California department of Insurance before they launch this program including the pay- as- you-drive-program.
    The mileage have to be verified from a variety of methods like the odometer readings which can be seen by the insurer or its agents or vendors, auto repair dealers, smog check stations, self-reporting by the policyholder or a technological device placed in the consumer’s vehicle. As per the final regulations explicitly prohibit insurers from gathering location data from consumers for automobile rating purposes through the addition of a technological device.
    The regulations would not affect existing multipurpose devices such as GM’s Onstar system or the use of a technological device as part of an emergency roadside assistance program.
    “The primary changes from the initially proposed regulations to the final, submitted regulations include:

    • Language that encourages insurers to offer a price per mile, or prepaid mile option for drivers.
    • An allowance for insurers to apply to sell mileage verification policies in addition to mileage estimation policies; or they may apply to sell mileage verification policies only.
    • Language that requires an insurer that offers a pay-as-you-drive plan to specify when filing with the department the exact types of mileage verification the insurer will accept.
    • The final regulations explicitly require insurers to offer and make available all mileage verification methods equally, to all applicants and insured drivers with a mileage verification policy.
    • The use of location data is still prohibited for most purposes. However, the final regulations make it clear that they do not prohibit insurers and motor clubs from offering optional devices to drivers to identify the location of the vehicle for the purpose of an emergency road service, theft service, map service or travel assistance service.” (extract from the publication by California Insurance regulation)

    This measure is also for the saving of the environment and the green house effect. As per the data available Last August, the Environmental Defense Fund estimated that if 30 percent of Californians participate in pay-as-you-drive coverage, California could avoid 55 million tons of CO2 emissions between 2009 and 2020, which is the equivalent of taking 10 million cars off the road. This would save 5.5 billion gallons of gasoline and save Californians $40 billion in car-related expenses. Additionally, the California Air Resources Board has recommended the adoption of pay-as-you-drive as one of the means to meet future climate change gas reduction targets.
    Starting October 2009 the, consumers will be able to purchase a pay-as-you-drive policy.
    Stay informed and compare auto insurance quote 411.

    Related Blogs

    • Auto Insurance Views » Blog Archive » Auto Insurance Views » Blog
    • Auto Insurance Views » Blog Archive » NKSJ's Sato Says Japanese
    • automobile Tour Book of California | Auto Insurance Quotes Plan
    • Microsoft Courier – Digital Journal Tablet Device? (Rumour)
    • Justice Department Sues to Block Alleged $15 Million Tax Fraud
    • SA Banks to implement online fingerprint verification
    • Ten Ways To Improve Your Gas Mileage
    • For Sale Cheap: Low Mileage Lamborghini Diablo
    • Programmers that… can't program. | Musings of an Anonymous Geek
    • How to Achieve Financial Freedom With Better Gas Mileage

    Share and Enjoy:
    • Digg
    • del.icio.us
    • Facebook
    • NewsVine
    • Reddit
    • StumbleUpon
    • Google Bookmarks
    • Yahoo! Buzz
    • Twitter
    • Technorati
    • Live
    • LinkedIn
    • MySpace
    • MySpace