In many states, collision insurance is not a mandatory part of your insurance coverage. But for many car owners, it can be a vital part of their insurance plans. Here is what you need to know about collision coverage for car accidents.
Differences Between Liability and Collision Insurance
You may be wondering whether your standard liability coverage will pay for your car accident damage. The answer is often no. With bare bones car insurance, your insurer will pay for damages to another person’s car in the event that you are responsible for an accident. Read More»
Just how much life insurance do you need? Unfortunately, there is no simple answer to this question. Some people need a policy that pays enough to cover their funeral expenses, while others need enough to pay off their mortgage, support their family, and keep a business running. You need a basic guide to help you determine the amount of life insurance you should cover.
How Much Debt Do You Have? Read More»
Once you have been convicted of a DUI, it can be difficult getting back on the open road. The first roadblock you’ll run into is getting car insurance. By knowing how your car insurance is affected by a DUI, you’ll know what to expect.
Know About SR22 Auto Insurance
Part of being allowed to drive again after your DUI will be getting SR22 insurance, which is a certificate that ensures financial responsibility. Read More»
If you want to pay the least amount possible for your home insurance, you can achieve this by bumping up your deductible to a really high amount, such as $10,000. This may seem crazy to you, but it will help you save a lot of money; however, there are certain things you should consider doing if you decide to follow through with this. Here are a few things to understand if you would like to increase your deductible to a really high amount. Read More»
Once an insurance company determines that your car is totaled, it is supposed to pay you an equivalent of the car’s value just before the accident. It’s likely that you will want to maximize your payout while the insurer will be interested in minimizing the payout. These tips will help you get a fair payout from the insurer:
Include Extra Features
The insurance payout of a totaled car should be based on the pre-accident value of the car minus a few deductions, such as your deductible. Read More»
