Comprehensive Insurance Current Rates, News & Information
Auto Insurance for Leased Cars
Posted in Auto Insurance , Comprehensive Insurance
February 17th, 2009
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If you are leasing a car, then you’re in a special position where you will ultimately have to give the car back to the dealer (or buy it from them, or sell it off). This means that you are seriously invested in the safety of the automobile, perhaps even more so than if you were just paying off a bank loan for the car. So, it’s imperative to have high-quality auto insurance if you’re driving a leased car. 
Who Purchases Business Auto Insurance?
Posted in Auto Insurance , Business Auto Insurance , Comprehensive Insurance
February 4th, 2009
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If you use any type of vehicle to assist in your day-to-day business operations, you need to purchase business auto insurance. Coverage with a business auto insurance policy can help protect your assets if one of your vehicles is involved in an accident.
Like general auto insurance, your local state will determine the laws for the type of business auto insurance you need to purchase. By not obeying local laws, you risk not only being charged fines by the governing authorities but will also be subject to lawsuits. If your business requires that your employees are on the road operating a vehicle owned by your business, you will need to purchase business auto insurance. Most states require business auto insurance.
Common Coverage on Small Business Auto Insurance Policies?
Posted in Auto Insurance , Business Auto Insurance , Comprehensive Insurance
February 3rd, 2009
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Auto insurance laws and whether the vehicle is for business purposes or not, is determined by the state. It is important for small business owners seeking auto insurance to fully educated themselves on what the state minimums for small business auto insurance are, and then acquire enough coverage to protect all assets involved in the business.
What is Small Business Auto Insurance?
Posted in Auto Insurance , Business Auto Insurance , Comprehensive Insurance
February 2nd, 2009
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In this economy, it is important to protect your personal and business assets, especially if you are a small business owner. Small business auto insurance can make sure that the cars, trucks, and vans used by your employees for business purposes are covered in the event of an accident. The coverage can apply to company owned vehicles, leased vehicles and the transportation owned by your employees but used for your business.
Gap Coverage Basics
Posted in Auto Insurance , Comprehensive Insurance
January 27th, 2009
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Gap coverage is a special kind of auto insurance, mostly for people who are saddled with large balances on their auto loans – people who have put very little down in terms of a deposit, and are slowly but surely paying off the vast majority of the price of the car. Gap coverage ensures that should the owner of the car get into a situation where theyre paying more for the car than it is worth a situation called “being upside down” on your loan the loan will be forgiven.
Classic or Antique Auto Insurance
Posted in Auto Insurance , Classic Car Insurance , Comprehensive Insurance
January 21st, 2009
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Everyone loves antiques and classic cars. Theyre fun, uncommon and exciting. Why else do they figure so prominently in the history of the American parade? What fourth of July would be complete without a series of antique and classic cars slowly cruising down Main Street? Whether youre buying an antique or classic car as an investment, or just out of pure nostalgia and the love of classic automobiles, you need to get proper classic and antique auto insurance. Clearly, there will be special needs involved in owning a classic or antique car that must be taken into consideration.
Do I Need Comprehensive Insurance Coverage?
Posted in Auto Insurance , Comprehensive Insurance
January 16th, 2009
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Comprehensive insurance coverage is an aspect of car insurance that will pay for damages done to your vehicle by events different from a collision with another vehicle. For example, lets say youre driving your car during a rainstorm, and you skid out and hit a brick wall, crushing the front of your car. Another driver is not responsible for the hundreds and maybe even thousands of dollars it will cost to fix your car, so the damage has to be covered by you. Thats why people get comprehensive auto insurance vs only liability insurance, because your insurance company will now be obligated to pay for the repairs (minus your deductible). You pay for this coverage in the form of a higher monthly premium, of course, but you will be glad to know youre covered when unexpected things like this happen.
Total Loss Coverage
Posted in Auto Insurance , Comprehensive Insurance
January 8th, 2009
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Total loss coverage is a term used in the auto insurance industry to describe an insured car which has suffered irreparable damage. Lets say youre driving down a slick road late one summer night, and its pouring rain outside. And then the worst possible thing happens: you lose control of the car due to hydroplaning and smash into a brick wall. The air bags deploy, and youre ok, but the car is totaled.
Uninsured / Underinsured Coverage – Beware!
Posted in Auto Insurance , Comprehensive Insurance
January 7th, 2009
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When youre out driving on the busy roads and streets of your town, you may want to give your fellow drivers the benefit of the doubt and assume that they are as properly and effectively insured as you are. After all, its the right thing to do, right? But the truth is, there are many uninsured or underinsured motorists out there, and if you were to get into an accident with one you could end up getting into major financial trouble for years to come. Experts agree that the number of uninsured motorists might be as high as 25% in some states.