Liability Insurance Zone

Liability Auto Insurance: Getting Covered and Being a Responsible Driver

If you put a lot of value into being a safe and responsible driver, then the one thing you absolutely must have is liability auto insurance. Liability auto insurance gives you a sense of security you may not have otherwise.

With liability auto insurance you will not have to worry about any possible damage you might cause to someone else’s car or bodily damage you may cause. Assuming you don’t know all the specifics about liability auto insurance here are a few questions and answers that provide basic information to get you started.

Do I need a more than liability auto insurance?

No you absolutely do not, in most states the only kind that you must carry is liability insurance. This insurance will protect others against damage you may cause by negligent driving. There are two separate types of liability insurance, one is for bodily injury and the other one is for property damage. Together they constitute 40 to 50% of the total insurance premium.

What does the bodily injury part of liability auto insurance cover?

Good question, bodily injury liability coverage is what will protect you in case you are at fault in an accident and someone else is seriously injured or possibly killed. In this case the coverage will pay for legal obligations you might have as well as legal obligations of other people involved.

The people who you might hurt will be able to collect against this coverage so they are able to pay for their medical expenses as well as their lost wages. This coverage will also protect the liability of relatives and friends who you let drive your insured vehicles.

What is the property damage portion of the policy mean?

In most cases if you get into a serious accident you or the other person usually will not have any life-threatening bodily injuries. However, the car they might be driving might be very expensive. The property damage portion of your liability auto insurance pays if you damage the other person’s car or someone else’s property altogether.

Should I go with the state’s minimum requirements or should I get more?

I will close by saying this, there was a recent survey conducted in 1988 by a leading consumer magazine that said most automobile owners carry more coverage than the state’s minimum. This is the right move to make, because people who own a house or other expensive assets generally need a premium of at least $100,000 per person and as much as $300.000 per accident in order to protect their assets from large court awards.

Cheap Liability Auto Insurance

Getting cheap liability auto insurance will really depend on your specific state and your driving record. You will want to know what your car insurance liability limits currently are and then ask your insurance company about what you can do to reduce your rates. You will also want go out and get liability auto insurance quotes from many different insurance companies. You can go here for further reading on What is Liability Auto Insurance?.

Non Owners Auto Insurance: Worth The Small Price For The Added Sense Of Security

There are going to be several instances where having non-owners auto insurance is going to be worth the small price you’ll pay for the increased sense of security you’ll get in return. Non-owners auto insurance applies in any instance where you don’t own the car or if you are letting someone else drive your car. In the case of the latter simply having liability insurance will suffice, but you must know when you are not covered.

Non owners auto insurance when someone is driving your vehicle

There is no separate insurance policy to purchase in order for someone else to be protected if they are driving your vehicle. If you have liability insurance you are covered in this department. However you must make sure your liability insurance covers you in this instance. You are covered only if you give permission to a friend or family member to drive your car.

In most instances this person may have their own auto insurance, but if they don’t have permission by you to drive your car their insurance will not apply. It is going to be you who will be liable for any damages or bodily injuries they cause should they get into in serious accident.

If you decide to rent a car

People go on vacation all the time or they may be out of town on business trips. In these cases they may need to rent a car, and non owners auto insurance is a must have. Now in most cases you are protected under your own liability coverage for a rented car.

Sometimes though, the rental car company can offer you temporary non-owners auto insurance on the spot. Some people argue this extra coverage isn’t worth it, but depending on what state you are in you might need it, as your regular liability coverage either may not cover it or may not offer adequate coverage.

Specifics of non-owners insurance on a rented car

The specifics should be specified in order to make sure you are not only in accordance with a given states minimum insurance requirements, but also in other areas. You will probably need a comprehensive and collision coverage policy on a rental vehicle.

Two options you have for non-owners auto insurance on rented cars

These are your two options in this department, you can either take coverage the rental company offers along with the rental agreement or if you already have insurance on a car you own you can notify them and in most cases they will cover you on a rental car for a specified period of time at no extra cost. Non owners auto insurance is becoming more and more necessary especially in bigger cities where car rentals are common.

Buying Non Owners Auto Insurance

If you still need help figuring out how and where to get non owners auto insurance you can check out How to Buy Non Owners Auto Insurance which will walk you through the process of buying insurance and getting insurance quotes.

Teenage Car Insurance: Your Teenager Needs Protection If They Are Going To Be Responsible Drivers

If you are the parent of a teenager who is just learning how to drive or one who is already driving then you know the importance of teenage car insurance. I’m pretty sure your teenager is looking forward to the experience of driving, but they need to be adequately protected if they hope to be responsible drivers. The reason why it is so pivotal for your young driver to be properly insured is for the following reasons.

Teenagers make up a large majority of accidents

Teenage car insurance is needed because in this country so many accidents are caused by people in this age bracket. The reasons can be plenty, such as a lack of experience or simply more incidences of being distracted. In 1998 approximately 32.1% of motor vehicle accidents involved teenagers or people who were under the age of 25. This is so critical because this age bracket represents only 17% of all motorists.

Teenagers make up for a large percentage of fatal accidents

You would think that most fatal accidents are caused by drunk drivers or in situations where weather might play a role, but this is not true. Drivers who are under the age of 25, primarily teenagers, represent 21.1% of drivers who have fatal accidents. Teenage car insurance can be difficult to get because of statistics like this. Insurance companies know these statistics and use them to determine their base premiums.

Young people are more at risk for accidents overall

Having teenage car insurance would give you an added sense of security for your child only because you will know in the case of a serious accident it will not cause any serious liability to you. Your kids can also learn responsibility now so once they are over the age of 18 they will be able to handle themselves better on the road. The risk for young drivers doesn’t stop at age 20 either, in fact in 1986 drivers between the ages of 20 and 24 had the highest overall accident rate.

Teenage Car Insurance Prices

Getting teenage car insurance isn’t going to be cheap because young drivers are simply more accident prone than older ones. Certain insurance companies do have teenage car insurance reward incentives which can help reduce costs. Most insurance companies consider 25 to be the age where they no longer consider a person to be a youthful driver. Once they get to this age they will be able to get a reduced premium. So until then usually the average cost of teenage car insurance will be a bit higher then for an older adult.

Cheap Insurance For Young Drivers: It Does Not Have To Be As Difficult As You Think It Is To Get

Getting cheap insurance for young drivers might seem like a difficult task at first, but all any concerned parent has to do is take the time to look into various things that can be done to get a reduced premium. Yes, it is true that younger drivers are more likely to be involved in a serious accident, but there are some things they can do in order to show insurance companies they are responsible and as a result less likely to be involved in an accident.

Your kids can be good students

Insurance companies are willing to offer cheap insurance for young drivers if they are willing to demonstrate responsibility in certain areas. One such area would be in school, if you want to get reduced premiums you should make your kids study hard. If your kids are able to get good grades it will enable them to qualify for student discounts. In most cases a good student can save as much as 25% on the premium depending on the company.

College kids can also qualify for discounts

You do not have to be in high school in order to qualify for certain discounts. You can still qualify for the student discount if you are under the age of 25 and getting insurance on your own for the first time. All you have to do is meet a few criteria. You must rank in the top fifth of the class, maintain at least a B. average or 3.0 average in school that uses a 4.0 scale or get on the Dean’s list or on honor roll.

Going through proper drivers education

Insurance companies are willing to offer cheap insurance for young drivers as long as they are willing to take the time to properly learn first. This is best done by means of a driver’s education course. As a parent you should make sure your kids go through several hours of driving instruction. The insurance company will reward you by offering discounts obtainable when you present a certificate of completion from an approved course. In most cases the discount can average about 10%.

Getting a used older car

The last thing you can do to get cheap insurance for young drivers would be to consider giving them an older model car, preferably one that is used. These cars are usually made of stronger materials, not only that but you can simply put liability on them. The premiums for these types of cars will be significantly cheaper.

Cheap Insurance For Young Drivers

Its tough to find cheap insurance for young drivers but there are a few ways to go about it. There are Cheap Insurance For Young Drivers Incentives which can definitely help lower insurance rates for young drivers.