|
|
Understanding Your Auto InsuranceBy Tom McKnight
Reading auto insurance policies can be like trying to decipher advanced calculus. It's really not that difficult if you understand a few basic terms. Collision, Comprehensive, Bodily Injury Liability and Property Injury Liability are the main terms you need to fully understand.
You'll appreciate Collision Coverage in the event you need repairs or replacements if your vehicle collides with another vehicle or property. The higher the deductible you elect, the lower your premiums will cost you. If you're at fault for something, well of course it would still be an accident, as I doubt you'd plan to run into that guard rail, but how much would you be able to afford to pay out of pocket for repairs? $250? $500? $1,000? Just like medical insurance, you'd have to pay that deductible amount first and then the insurance company would pay for the remaining charges for the repair.
Another term to become intimately familiar with is Comprehensive Coverage. This is the coverage that pays for damage caused from falling objects, fire, certain natural disasters, theft and vandalism. Deductibles work the same way as with Collision; the more out of pocket costs to you, the less your insurance premium.
In addition to knowing how much Collision and Comprehensive coverage you have, you'll want to know about your liability coverage. Let's say you rear-end another driver. Or your foot slips off the brake onto the gas pedal and you plow down a mailbox. Your liability coverage will kick in and pay for the damages that you caused with your insured vehicle. You liability coverage will, or could, include bodily injury (people) and property damage.
You don't want to go without Bodily Injury Coverage. If you were at fault in an accident and others involved needed to go to the hospital and/or lost wages from missing work, those costs would come out of your pocket if you are not insured with Bodily Injury Coverage. It doesn't take a genius to know how quickly those amounts can add up. This type of coverage can also help you in the event the other party takes legal action against you. Many states require you to carry Bodily Injury Coverage.
The other part of liability includes Property Damage coverage. Can you imagine how much it might cost should you accidentally drive into the side of someone's home? You wouldn't want to be caught without property damage insurance should you need to pay for repairs to another vehicle, building or anything else you might hit. As with Bodily Injury coverage, Property Damage coverage also helps protect you in the event of a related lawsuit.
Every policy will have its limits and various degrees of coverage. It's important that you understand the basics of what you are paying for and why it is necessary. No one plans for an accident, be prepared!
|
howmuchisinsurance.com
Let us be your one-stop-shop for insurance. We know you have other things competing for your time. Finding an affordable insurance quotes. We work with Top Rated Insurance Companies.
aarp.thehartford.com
Over 50? Save $385 On Fast, No Hassle, Lifetime Renewable AARP Auto Insurance From The Hartford Today. Full New Car Replacement. Get Your Free Quote Today!
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
|
Dump the car and save BIG (Chicago Sun-Times)
Chicago-area commuters save an average of $11,738 a year by taking public transit instead of driving, according to a study by the American Public Transportation Association.
Tips for grandparents raising grandchildren (Newsday)
CHICAGO -- A lack of experience is not generally a problem for grandparents who find themselves raising their grandchildren. They probably haven't forgotten the basics.
In brief: Illinois (The Times of Northwest Indiana)
Find events going on in your community, and plan your week?s activities with The Times.
Karen Pletcher is the Reader of the Week (Goshen News)
Goshen native Karen Pletcher raised four sons with her husband, Ernie, before joining the workforce in her downtown business Balloon Express. She explained that she first worked at her neighborhood school, Chandler Elementary, while the boys were in school, then at Salem Insurance for a time.
Helping Parents and Students With Financial Pinch (WBBM Newsradio 780 Chicago)
Ben Kaplan wants to teach parents and students how to ease educational costs.
This week in history (Farmington Press)
40 Years Ago From The Farmington Press, Sept. 5, 1968 ? The lower portion of the lighted football scoreboard was put in place in preparation for the football game with Crystal City. United Bank donated the lower portion, which would tell the number of downs and yardage to go.
Don Gutteridge dies at 96 (The Joplin Globe)
PITTSBURG, Kan. ? Pittsburg icon Don Gutteridge, the last survivor of the St. Louis Cardinals? ?Gas House Gang? from the 1930s, died Sunday. Gutteridge?s family was by his side when he died late in the afternoon at his home in Pittsburg.
In the Nation (The Philadelphia Inquirer)
Two found dead after blast in Ill. FRANKFORT, Ill. - An explosion destroyed a house early yesterday and the bodies of the elderly couple who occupied the home were found in the wreckage, authorities said. Seven other homes were destroyed.
Police Report (The Naperville Sun)
These are incidents reported by the Naperville Police Department. Where charges have been filed, the report includes when and where the suspect was stopped or taken into custody and the nature of the charges.
Clock ticks down on credit bureau class-action deal (The Indianapolis Star)
In a class-action settlement, credit bureau TransUnion has agreed to provide free credit- monitoring services to millions of consumers to settle claims it illegally passed along private information for marketing purposes.
|
FactChecking McCain
He made some flubs in accepting the nomination. Summary We checked the accuracy of McCain?s speech accepting the Republican nomination and noted the...
1697 Campus Technology, boletín informativo, 3 de septiembre de 2008
Campus Technology News Update September 2, 2008 Contact the Editor | Sponsor this Newsletter | Subscribe | Change email address | Unsubscribe In T...
no promised land, no holy book, no chosen people
rss? [1] [2]VanDykeParks' classic SongCycle (50Mb-download)Backstory of 1st 'flash mobs' (Wayback1) (2) (3)...lucky Batman underwear (oDinny)Zen 'Mutt...
The Chinga karla online news service for the global ch.
Arkansas Democratic chairman dies after shooting. Shear Cee cee michaela Democratic Party leaders Wednesday selected former Virginia Gov. S Informat...
J.D. Power and Associates to Release 2008 New-Home Builder Study Results on Wednesday, September 10
WESTLAKE VILLAGE, Calif., Sept. 5 /PRNewswire/ ? J.D. Power and Associates will announce the results of the 2008 New-Home Builder Customer Satisfact...
bmw alpina b7 audi rs4
bmw alpina b7 bmw alpina b7 audi rs4 10 costliest cars to own . If it's e...
J.D. Power and Associates to Release 2008 New-Home Builder Study Results on Wednesday, September 10
WESTLAKE VILLAGE, Calif., Sept. 5 /PRNewswire/ -- J.D. Power and Associates will announce the results of the 2008 New-Home Builder Customer Satisfacti...
Puerto Vallarta ? Glory of the Pacific
Puerto Vallarta – Glory of the Pacific Posted by M Gravlee on Saturday, September 06 @ 05:25:02 PHT (0 reads) While the Caribbean coast of Me...
Test Forum 1
Test Forum 1 ~ 1967 two 1969 chevy camaro restoration parts gomodril Posted: Fri Sep 05, 2008 4:12 am Joined: 04 Sep 2008 Posts: 103...
Phantom ? A History of the Surreal ? Part 1
The Phantom of the Ring reviews National Wrestling Alliance: The Untold Story of the Monopoly That Strangled Pro Wrestling, by Tim Hornbaker. ECW Pre...
How An Illinois Gal Got "Katrina Brain"
I've often imagined many on NION and the various other blogs I'm a member of have been wondering why I care so much and have been so passionate in my ...
Family Businesses - The World's Second Oldest Business Model
By Mary Webber Family businesses are the backbone of the American economy. The Family Firm Institute of Boston cites these figures: Family business...
Florida Political News for 9/3/08
Our digest and commentary on today's Florida political news and punditry follows. Teachers union hits a triple "Florida's November ballot will be s...
Area auto bay loan mateo san to from a year
The Democratic presidential contender has decided to buy million in national advertising on NBC during the broadcast of the Olympic games, an NBC spo...
Sunset lake front texas real estate lowest bid honolulu Audiovox free ringtone accident lawyers lyon
Try different words that mean the same thing. Apple sauce banana bread rose percent in August from a year earlier. VP pick likely to focus on policy ...
Annual Code Red Challenge Draft and Analysis
(Posted by Bear.... he's back everyone!) Football season is on the cusp. Both Winks and I are huge Fantasy Football dorks and each year (for the pas...
THURSDAY, SEPTEMBER 04, 2008
THIS SITE SUPPORTS ALL THE MEN AND WOMEN OF ALL POLICE DEPARTMENTS, EMS CREWS, IN ADDITION TO ALL SERVING IN THE CANADIAN ARMED FORCES, NO MATTER WHER...
What I Watched Last Night
As the late Bernie Mac might say: Go ahead, America. Spend a 10-day vacation with nowhere to go, nothing to do, no money to do it with, and nobody to...
BusinessWeek Opinion: Welcome to the Frozen Economy
I read this interesting opinion piece in BusinessWeek last night; it strikes on many chords we've been both predicting and outlining over the past yea...
Varenicline vs NRT significantly reduced craving withdrawal symptoms and smoking Symptom wellbutrin withdrawal
Thai PM Hangs on Amid Protests. Third body found in wreckage of burnt out mansion. Xinhua The death toll from the May earthquake in Sichuan Province ...
|
|
Best Sellers from
|
