:::

Teenage Car Insurance Information

:::
 




:::

Teenage Car Insurance Articles

:::

Determining How Much Auto Insurance Coverage You Need

By Matt McWilliams

The Three Basic parts to an Auto insurance Policy

1: Other Party:

Auto Insurance Bodily Injury (BI) Liability and Property Damage (PD) coverage is Legally required in most states today. (BI & PD) Most people understand that they need BI & PD, but they have no idea how to determine how much coverage they need.

Try this simple question: What if your car was involved in an auto accident tonight where heaven forbid, someone else was injured or killed? Remember, everything you own is in the back seat of the car with you and is at risk in a lawsuit! So, what do you think their family would sue you for? $15,000? $25,000? $100,000 or even maybe a Million dollars! Where would you get the money to pay them?

Perhaps the Equity in your Home would help? How about your Savings and/or Investments? You could even have up to 25% of your wages attached to pay the award in most states! Are you prepared to sacrifice everything you own to pay an award due to this accident? If not, read on for how to choose the auto insurance coverage you need.

2: You and Your Family:

Now let’s turn the above accident around. For some unfortunate reason, you or a loved one is the one who is injured or killed in an auto accident. Where would you get the money if the person who hit you did not have auto insurance or not enough auto insurance? Medical bills can be covered if you have health insurance. But health insurance doesn’t cover loss of life, pain & suffering or permanent disability.

Maybe you have a life insurance policy through your employer or your own individual life policy. Is the benefit amount sufficient to cover your family if your loved one is killed? But even if you have life insurance, what pays for the misery, the pain & suffering, maybe the fact you or a loved one can’t walk or use their arms again?

You might have a disability insurance policy through your work if you’re lucky or had good financial advice. But disability insurance doesn’t pay for loss of life, pain & suffering, permanent loss of your legs, arm or hand.

The only coverage that pays for these things is a part of an auto insurance policy known as Un/Under-insured motorist coverage. You can only buy as much coverage here as you have in Liability coverage. Your auto insurance agent should be able to help you determine the exact amount you need.

3: Your Car

Comprehensive and Collision Coverage are the third part of an auto insurance policy and are sometimes referred to as “Full coverage.” Basically the difference is this: If you run into the tree you are covered by Collision coverage. If the tree runs into you (hypothetically of course), then you are covered by comprehensive coverage. Comprehensive also covers broken windshields, fire, theft and vandalism. The higher deductible (risk) you take here, the lower the premium. Use the savings here to purchase higher limits in the coverages that protect your assets and your family.

The bottom line to determining proper auto insurance coverage is, of course, the money available in your household budget. An excellent place to start in determining the proper auto insurance coverage for your family is to meet with your local auto insurance agent.

Most cut-rate companies concern themselves with one thing only: Price. Tell them what coverage you have and they’ll see if they can give you the same coverage for less. You become the insurance professional. If this is the only need you have then that is ok. If not, you need to seek the advice of a professional to help you determine the proper amount of coverage you need and how best to accomplish it.

Review these tips for auto insurance coverage to make sure you have enough to protect your family.

Free Quote Teenage Car Insurance


:::

Teenage 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


:::

Teenage Car Insurance News

:::


Want Cheap Car Insurance? These 5 States Have the Lowest Rates
Want Cheap Car Insurance? These 5 States Have the Lowest Rates

Finding the Best Car Insurance for Teens
Finding the Best Car Insurance for Teens

Responsible Younger Twenty-Somethings Unfairly Penalised by Car Hire Firms, says the IAM
Leading road safety organisation the Institute of Advanced Motorists (IAM) has expressed concern over car hire firms putting arbitrary and strict age cap limits on users wanting to hire a vehicle. (PRWeb September 11, 2014) Read the full story at http://www.prweb.com/releases/2014/09/prweb12163271.htm

Buying the Right Auto Insurance for Your Teen Driver
Here's how to save money without sacrificing coverage when you add a teen driver to your insurance policy.

Footballers' painful wait for surgery
Several teenage rugby league players are being forced to wait for surgery on debilitating knee injuries because insurance for the sport is inadequate.

WATCH: News chopper captures dramatic rescue from flood waters
WMC Action News 5's Chopper 5 captured an incredible water rescue as a man was pulled from his sinking car with just seconds to spare.

'Teenage idiot' left pals in wrecked car after Milton crash
JOYRIDER Jordan Dawson stole his brother's car then lost control and smashed through a fence ? leaving the vehicle on its roof. The teenager then fled the scene ? having caused nearly £2,000 of damage ? leaving his two passengers to clamber out of the wreckage themselves. Stoke-on-Trent Crown Court heard Dawson, of Bagnall Road, Milton, had arrived at the home he shared with his older brother ...

8th Sep 2001, 17:33
Yeah! I just bought mine (KH non turbo). I just think the comfort level should be 6 or 7 out of 10 however, can't complaint cos it's a sports car and. It's fast alright but mine needs a few mods.

Teenager sought by police after cars vandalised in Dundee street
Alan Kerr beside one of his vandalised cars. DC Thomson A teenage vandal is being sought by police after being seen scratching a car on Friday night, when thousands of pounds worth of damage was caused to dozens of vehicles in Dundee.

Should You Spy On Your Teen Driver?
Centers for Disease Control and Prevention, motor vehicle crashes are the leading cause of death for teens in the United States. Based on miles driven, teen drivers are three times as likely to be in fatal crashes as drivers age 20 and older.


:::

Teenage Car Insurance Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com