Cheap Used Car Insurance Quote – How Much Should You Spend On Liability Only?
Reader question:
I have a 1987 sedan that I don’t use, but I own it. Do I have to get used car insurance coverage for it anyway?
Sam
That’s a great question, Sam.
The answer to that is dependent on where you live, though. The state car insurance laws are pretty mixed up on this point, because some states require you to have used car insurance coverage even if your car is propped up on blocks of wood in the front yard. In New York, you have to have auto insurance so long as you own a vehicle and have the title, or are buying a vehicle, and it is of no consequence that you aren’t actually using that vehicle. In order to be excepted from this rule, you would have to give evidence through a certain form that your car is not only unused, but unusable, or that you have sold it to another person or to a junk yard.
If you don’t want to get in trouble by falling victim to a random check of car insurance, then I would advise you to do yourself a favor and look up your state’s department of insurance website to find out what kind of laws your state has concerning this.
Cheers,
Fashun Guadarrama.
Cheap High Performance Car Insurance
Reader question:
I have a great car but it has a dent on it now, which I found when I came out of the store. Should I make a high performance car insurance claim?
Michael
I’m glad you asked, Michael.
You know, I think that one of the reasons that people can’t get cheap high performance car insurance is because they are too worry some about their vehicles. Now, don’t get me wrong. Most high performance cars are expensive, and thus even the smallest scratch could cost more money than usual to fix. However, you should not compensate for your worry for your vehicle by making a high performance car insurance claim for every little thing that happens. Even if it is something that will cost money to fix, that does not mean that your car insurance company will need to know.
The way I see it is that if something is under your deductible or you are otherwise able to afford to pay for the damages, then most of the time there is no reason to contact your high performance car insurance company unless you are a hundred percent sure that this would not put your clean auto insurance claim record in jeapordy. The reason I say this is, even though auto insurance companies want you to report all accidents in good faith even if you don’t file a high performance auto insurance claim for them, and they won’t punish you after the first couple, once you start a list then you will begin to see that they don’t think you are as good a customer as they thought you were before.
There are some guidelines that you should go by when deciding whether or not to report your high performance auto insurance accident to your company, and I’ll give you a list following this. You should think about these before you decide to call up and advise your company of your dent, although there are always going to be more factors and these should not be the deciding ones for your situation. Here they are.
- Can I pay for this?
This is the number one primary thing that you should consider. I got a dent in my car, too, recently, but I didn’t bother to call up my vehicle insurance company. It will probably cost me around fifty dollars to get fixed, which is five percent of my auto insurance deductible, so it doesn’t make any sense to report it. I can just wait and be lazy and go get it fixed when I’m ready, instead of having to worry about the long problems making a claim with my auto insurance collision coverage.
- Am I alone in this?
Another thing that will obviously play a huge role in you reporting your little accident to your high performance car insurance company is whether or not someone else is involved. If someone else is involved in the accident, then go no further. REPORT IT. I really don’t think there should be exceptions to this guideline, because even if the other person says they are okay and there is no need to report it and claim, that does not mean that it is true.
I’m not saying that the other person is lying, but I am saying that the evidence of damage may not be apparent right away after you get into an accident. The other person might start to feel back pains later that night, or might notice their vehicle making weird noises on the way home. One time I barely nicked a guy, and although there was no outer damage to my car, it wouldn’t start! You never know what will happen. If you get into an accident involving another party, report it.
Cheers,
Fashun Guadarrama.
Cheap 17 Year Old Car Insurance
Reader question:
Can you let a 17 year old drive your car even if they aren’t included on your car insurance policy?
Margeret
It depends on your situation, Margeret.
I’d like to know under what circumstances the teenager is driving your car. First of all, does the teenager live with you, is he or she your child, etc.? If the teenager is considered part of your household, that is to say, if they live with you, then you should add them to your policy as soon as they get their driver’s license. This means a big hike in the price of your auto insurance premium for the 17 year old car insurance coverage, but it is much better than what the repercussions would be if the 17 year old ever had to make a claim and had not been listed on the policy.
Everybody who is driving has to have motor vehicle insurance. If the 17 year old does not live with you, then yes, that kid will be covered if he or she drives your car, because any friends or relatives who drive your vehicle are covered, regardless of age. So if you little your little brother borrow your car to run an errand, he will be covered.
Cheers,
Fashun Guadarrama.
Cheap Breakdown Car Insurance Coverage
Even with a thousand features on your car to keep it from getting into a car accident, you are still often unprotected from it suddenly breaking down on you. Even a car that you take care of constantly will go out at some point, even if it isn’t your fault, especially in the winter. However, most of the time you can avoid this just by a little extra care once a month. Most people don’t bother, and that’s why things such as rescue and breakdown coverage provided by car insurance companies comes in very handy.
There are several different kinds of coverages that can come in here. Roadside assistance is one of the best, because it saves you hundreds of possible dollars in the costs of towing and other things. It can come in handy when you’re stuck out in the middle of nowhere with a broken down car and have no one to pick you up. You can just call and bring a tow truck, and show them your car insurance card. The types of roadside assistance vary. Some go by the person, but most go by the car that is being insured in the first place, so you will be covered for roadside breakdown and a tow to a repair shop regardless of who is driving the car.
Some car insurance companies even offer breakdown coverage that will take care of you if your car breaks down right there in your driveway. You can even get a combination of the two.
One of the most important things to have to accompany your roadside assistance coverage is car rental reimbursement. This is a great investment, because if your car breaks down or you get into a car accident, that won’t change the fact that you need transportation. If carpooling isn’t a possibility for you, then you’ll want to pay the few extra dollars a month in order to be paid back if you should have to rent a car while you’re out of your own one. The amount that you will pay for this type of coverage in an entire year is usually less than even a day’s worth of paying for a rental car.
Some companies offer extended coverage for breakdowns, such as GEICO. GEICO’s mechanical breakdown insurance is a lot like a warranty, and is a great option for drivers who still need coverage once their warranty is out. Like warranties, it does not provide coverage for things such as wear and tear, and you can’t expect to get reimbursed for something if you don’t maintain your car and the breakdown is a result of wear and tear. All you have to pay for any other breakdowns is the $250 deductible, and the rest belongs to GEICO.
It is often a better option than an extended warranty from your dealer, because, for one, it is much cheaper than you will be charged for. Also, at a dealer they usually tell you what parts you can get repaired, whereas GEICO does not restrict this. And anytime you need, you can take your car in to get repaired so long as it falls under the requirements. Even if you’ve already bought one, you usually still have one to two months during which you can refund it and get something else.
Cheers,
Fashun Guadarrama.
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