:::

American Family Car Insurance Information

:::
 




:::

American Family Car Insurance Articles

:::

Auto Insurance 101

By Chris Tolamalu

Auto insurance, as the term suggests, is insurance that you can purchase for your vehicle (cars, trucks, SUVs, motorcycles, etc.). It provides protection against losses incurred as a result of vehicle accidents. While the product seems simple, there are many different types of auto insurance policies available for purchase. Depending on the policy that you choose, your coverage levels and types will vary. Broadly speaking, these are the types of auto insurance programs on the market today:

Coverage:

• ‘Comprehensive coverage’ (Comp) – This kind of insurance insures your vehicle against the cost of purchasing a new vehicle if it is stolen or destroyed in a fire.

• ‘Collision coverage’ (Coll) – This kind of insurance insures your vehicle against the cost of repairing the vehicle following an accident or the cost of purchasing a new vehicle if it is damaged in an accident beyond economic repair.

Protection:

• Personal Injury Protection (PIP) - This insures against the cost of medical expenses and lost wages related to the use, ownership or maintenance of a motor vehicle. This insurance is mandatory in some U.S. states.

• Medical Payments (MP) - insures against the cost of medical expenses for bodily injury sustained in an accident beyond any expenses that may be covered by PIP.

• Legal liability claims against the driver or owner of the vehicle following the vehicle causing damage or injury to a third party.

While ‘Liability insurance’ covers only legal liability, ‘comprehensive insurance’ covers PIP, MP, as well as legal liability. In the United States, liability insurance covers claims against the policyholder and any other operator of the insured’s vehicle. If, however, any other operators live at the same address, they must specifically be covered on the policy. For rented vehicles, most rental car companies offer insurance to cover damage to the rental vehicle.

While comprehensive insurance covers most aspects of damage which can affect the car itself or the driver, there is one risk associated with buying a new car is not covered even by comprehensive insurance – once the car is bought, there is a sharp decline in its value. During this period (immediately after a car is bought), in which the remaining car payments exceed the value of the vehicle and thus the compensation the insurer will pay for a ‘totaled’ (destroyed, or written-off) vehicle, customers may consider purchasing ‘GAP insurance’. GAP insurance was established in the early 1980's to provide protection to consumers based on buying and market trends.

Free Quote American Family Car Insurance - Turn 21 Today!


:::

American Family Car Insurance Featured Resources

:::


SEARCH RESULTS

Annuities: The Shocking Secrets Revealed
Discover The Shocking Secrets That Banks And Insurance Companies Don't Want You To Know.

Insurance Leads Generation
Generate Quality New Leads At A Fraction Of The Cost Of Offline Marketing.

Car Auction
From The Gov-Records.com Team!

State Car Auctions
Local Seized Cars and Real Estate Auction Listings


:::

American Family Car Insurance News

:::


Good2Go Auto Insurance Has Joined the comparenow.com Panel of Auto Insurance Carriers
RICHMOND, Va. -- via PRWEB - Comparenow.com welcomes Good2Go Auto Insurance to its panel of auto insurance company partners. Good2Go, a subsidiary of American Independent Companies, specializes in providing ...

How the Growing Convenience of 'Uberfication' Encourages One-Car Families
One family discovered surprising savings in money and stress when they shed their second car in favor of ridesharing services and public transportation.

Progressive Insurance Encourages Drivers to Put the Brakes on Dangerous Driving Behavior with ?Drive Safe Today Day?
Like many drivers, you may have been taught that the ?10 and two o?clock? position is the safest way to hold a steering wheel, but it?s time to update your in-car mantra. According to a Progressive® Insurance survey of U.S.

Family capitalism?s insidious return: How billionaires are undermining America
The Kochs are only the most conspicuous 1 percenters who believe they can fashion the country in their image

CHROME® Renamed American National Collector Car Insurance
Car buffs offered numerous benefits with coverage especially tailored for collector vehicles. (PRWeb August 24, 2014) Read the full story at http://www.prweb.com/releases/2014/08/prweb12115248.htm

American Airlines Group Reports August Traffic Results
FORT WORTH, Texas, Sept. 9, 2014 /PRNewswire/ -- American Airlines Group (NASDAQ: AAL) today reported August 2014 and year-to-date traffic results. American Airlines Group's total revenue passenger miles ...

Liability Car Insurance Rates Now Supplied to Motorists at Insurance Website Online
Liability car insurance rates are now being generated for drivers who use the Quotes Pros database for price research at http://quotespros.com/auto-insurance.html . (PRWeb August 25, 2014) Read the full story at http://www.prweb.com/releases/liability-car-insurance/collision-insurance/prweb12120225.htm

Aflac Survey Finds 2 in 5 American Workers Spend Less than 15 Minutes on Benefits Selection
COLUMBUS, Ga., Sept. 4, 2014 /PRNewswire/ -- Selecting the right health insurance plan may be one of the most important decisions Americans will make this open enrollment period, yet many workers do very little research on their health benefits. In fact, 41 percent of employees spent 15 minutes or less researching their benefit options during the 2013 open enrollment season; The 2014 Aflac Open ...

Most expensive car ever - Ferrari GTO sells for $38 million
A 1962-63 Ferrari GTO Berlinetta was sold in California on Thursday for $38,000,000, the most ever paid for a car at auction. The price included a 10% "buyer's premium" paid to the auction company, ...

Maserati North America, Inc. Reports Most Successful Sales Month in its History with Record 312% Gain YTD
ENGLEWOOD CLIFFS, N.J., Sept. 3, 2014 /PRNewswire/ -- Fresh off the heels of California's Monterey Car Week ? where the Trident celebrated its 100th Anniversary with the North American debut of the stunning Alfieri GT concept ? Maserati strikes again by reporting its most successful month ever with (1,274 units) sold. Throughout the year, Maserati North America, Inc. has maintained strong sales ...


:::

American Family Car Insurance Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com