Sunday, March 1, 2009

Auto Insurance: Why Acquiring it is a Critical

By Gary Nagy

You are trying to find the best auto insurance for your money. You want to drive your car and you think that it will be no big deal to drive around without insurance for a day or two. Think again! What happens if you were to get in an accident? No insurance and you could get sued. It is not worth taking the chance.

What if you hit someone, do you have the money to pay out of your pocket for damages to them or their car? The answer lies in auto insurance, most people do not have enough money in the bank to just pay out for the cost of a terrible accident. Insurance is what protects you from law suits if you are involved in an accident that happens to be your fault.

A good policy should cover anyone who is in your car, the other car and its passengers, and any property that is damages like someone's yard or property. You should also get uninsured drivers coverage, because if an uninsured drive hits you, then you can still get medical care covered and get your car fixed or replaced, and the insurance company will go after the other driver.

If you are in a car accident and the other driver has no insurance, your policy may have what is called uninsured drivers coverage, so that your medical bills if any and your car repairs can be made, and the insurance company will go after the other party on your behalf.

You should find out what your policy covers when you go in to purchase it. One way to save on your premiums is to use a car alarm or the wheel locks. It is also good if you have all of your seat belts working and airbags. Power locks actually cut your premium down just a bit. The newer your car does not always mean the higher your insurance.

Another way to keep insurance costs down is to get all of your insurance needs covered by the same company. If you have your home owners policy, other vehicles and life insurance through the same company you get a multiple policy discount. If you keep a good driving record you premiums will often go down after a few years.

Sports cars can cost more to insure, because they have more power. It costs more to insure new drivers. If you are a good driver with a clean driving record that you're insurance should go down as your policy continues. Be sure to search around for the best coverage for your money. - 15275

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