Who Has The Cheapest High Performance Car Insurance?
One of the greatest ways to keep your cheap high performance car insurance premium at a low price is to maintain the status quo. What does that mean? It means maintaining your credit report and, most of all, staying out of trouble when you aren’t on the road. As owners of high performance cars, we don’t exactly have the best reputation for that last part. It’s understandable, considering that the cars that we drive have the ability to go fast and often be safer than most while doing it. The problem is that in most places, the law does not permit us to do this, and many do it anyway. I know the law is not always fun, but disobeying it can get your license suspended and high SR22 car insurance prices for the next three to five years.
- Your driving record.
Your driving record shouldn’t be as hard to maintain as people make it out to be. It actually is not that difficult to stay safe on the road, and all you really need to do is go the speed limit or do something just as good, keep your car insurance card on you at all times, and practice defensive driving to avoid accidents.
This is where the different kinds of discounts you get really start to interrelate, starting with this and that defensive driving course. If you think about it, one of the easiest ways to ruin your driving record is with an at fault accident or with a speeding or DUI ticket. Now, more at fault accidents can be avoided than currently are. When many people think of an at fault accident, they are thinking of things like running a stop sign or a red light and plowing into someone, but in most cases it’s a lot more ambiguous than that.
Did you know that the widest spread type of at fault accident involves the at fault driver plowing into the back of the other driver’s vehicle? This is the easiest kind of accident to get into, because it mostly happens when you aren’t paying attention to other drives. People think that the way to avoid an accident is to go the speed limit and watch out for other cars in their rear view mirrors, but there’s danger in the car in front of you as well.
The best way to avoid a rear at fault accident is to practice defensive driving rule number one: keep at least three seconds behind the car in front of you, and five seconds in bad weather. Yeah, people may honk at you and tell you to close the gap, but your car insurance rates are the ones that will go up if you rear end somebody. If you follow these rules and the person in front of you hits the brakes, then you will have plenty of time to stop safely without hitting them. If you hit them, it will be considered your fault because you did not keep a safe distance behind.
- Your credit report.
Keeping your credit report clean is easier said than done, but this can save you thousands of dollars throughout your life, and not just on car insurance. People with good credit reports get better interest rates on their loans, and end up paying thousands of dollars less than others for expensive things like cars and houses. People with bad credit reports end up paying way more.
Your car insurance company says that credit reports correlate to driving ability. People with bad credit reports file more claims, they say, than people with good ones. So having a good one is one of the biggest factors in getting a good high performance car insurance price.
What Happens to My Car Insurance Rate After An Accident?
Reader question:
I have pretty much every type of car insurance coverage available on my car. Now what do I do if I get into a car wreck?
Jimmy
Great question!
While the brunt of the handling of the situation will rest with your car insurance company, you will have to do your own share as well. Because of this, you should always be prepared and know what to do ahead of time. It’s good that you are taking interest in this in advance. Here are some guidelines to follow when you get into a car insurance accident.
- Keep an insurance kit in your car. This will contain things like your car insurance card, a disposable camera, a flashlight, pen and paper, phone numbers you might need, and anything else you can think of that might be necessary in the case of a car accident. Stick it all in your glove compartment for easy access.
- Stay cool. If you freak out, not only might you forget to do things that you need to do at the scene of the accident, but you might forget more about what happened when the time comes to tell.
- If there are any injuries, no matter how not serious, call 911.
- If it is possible, drive both cars to an area where they are not in the way of traffic. You already got into one accident for the day, you don’t want to cause another.
- If the damages are more than you can pay, then you should call a police officer so that a police report can be filed. The cop will want to get information from you as well as for those who witnessed the accident, and it is important that a police report be filed with both sides of the story.
- Use your camera to take pictures of damages. This helps you avoid fraud.
- Sometimes you are unable to get a cop out there to file a report. If this happens, you an the other driver have to go to the station to do it yourselves.
- Always report the accident to your car insurance company, and if it is for more than your deductible, file a claim. Even if the other person said that wouldn’t file a claim, call anyway, because you never know if they are telling the truth and you want your car insurance company to hear it from you first.
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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