One thing you should consider when you are looking for a good car insurance rate is the type of vehicle you are insuring. Liability coverage is the foundation of any car insurance policy, and is required in most states. If you cause an accident, collision coverage will pay to repair your vehicle. The longer you drive without any traffic violations, the better your rate will be. As time goes by and you don't get a violation, your rates will continue to drop. These two states, instead of having insurance requirements, have mandated financial responsibility laws, so that the owner of a car is required to show that he has sufficient funds to pay any necessary claims. If you are at fault in an accident, your liability insurance will pay for the bodily injury and property damage expenses caused to others in the accident, including your legal bills. Bodily-injury coverage pays for medical bills and lost wages. Property-damage coverage pays for the repair or replacement of things you wrecked other than your own car. The other party may also decide to sue you to collect pain and suffering damages. If you meet all of these factors, chances are good you will get an excellent rate on your car insurance policy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment