BROOKLYN, N.Y., Nov. 23 /PRNewswire/ -- Auto insurance is a vital part for every car owner. It is a great place to save money since it comes with many variations and different levels of coverage, including liability, comprehensive, collision, and more. Of course, with all these choices, it can be overwhelming for consumers as they decide to buy car insurance.
There are lots of factors that affect the computation of insurance rates which are beyond any consumer's control, two of which are age and driving experience. However, one of the most significant rating factors is indeed controllable, and that is the driver's driving history. An already established fact, drivers who practice road safety will not only lessen the chances of getting themselves into an accident, but will also save money during their insurance process. This is because most auto insurance companies will likely grant discounts and rewards.
When applying for auto insurance, the accumulation of tickets and participation to various accidents would mean a higher risk of loss. This raises a red flag and will directly impact the computation of insurance premiums. Nevertheless, maintaining a clean driving history is not as hard to accomplish. Practicing traffic rules and regulations have been proven to be the most effective way to keep the blemishes off and lowering the rates hugely.
Nearly all traffic accidents recorded are caused by human error or impaired judgment. Over speeding, failure to yield, driving under the influence of drugs or alcohol, driving too closely from another vehicle and trying to race and beat the red light are the most common. Individuals who suffer from swelled car insurance rates do so because they have created a negative impression on their driving records. The good news is that, all of the items cited above can be avoided just by reducing the likelihood of getting involved in such mishaps. Being safe on the road will lead to fewer claims, which will eventually lead to lower premiums in the end.
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Thursday, January 28, 2010
Friday, January 15, 2010
U.S. Drivers Dropping Auto Insurance Coverage at Alarming Rate
U.S. Drivers Dropping Auto Insurance Coverage at Alarming Rate
Despite the high rate of dropped auto insurance coverage, most Americans are finding a better way to respond to worsening economic conditions. SaveTodayAutoInsurance.com reports increased usage as drivers seek lower auto insurance rates as a safer alternative to canceling their policies in response to the economic downturn
Lexington, Kentucky (Advertiser Talk) 28-Nov-2009 — Thinking about dropping your auto insurance coverage as a means to cut expenses in these recessionary times? Let’s face it, such actions are risky.
When asked if they were to drop their car insurance coverage due to economic conditions, 15% of respondents of a 2009 comScore survey¹ indicated that they didn’t think their insurance company would increase their rates when later reinstating their policy. And 72% of the respondents were not sure. Though most were not likely to go without auto insurance coverage due to the economy, few consumers understand the consequences.
It just isn’t worth the risk There are 3 compelling reasons to avoid the temptation of skipping your auto insurance coverage Most Americans are responsible, and resist the temptation to drop auto insurance coverage in tough economic times. These drivers are willing to shop for alternatives auto insurance providers as a means to reduce insurance costs Don’t drop your auto insurance coverage. Instead, get competitive auto insurance quotes and save hundreds on your auto insurance policy. During Recessionary Times Don’t Drop Car Insurance Coverage
This year the Insurance Research Council reported that one in six drivers in the U.S. may be driving uninsured by 2010 due to a continuing economic downturn. “It just isn’t worth the risk” says Jim Musselwhite, a founder of http://SaveTodayAutoInsurance.com/online1. “There are 3 compelling reasons to avoid the temptation of skipping your auto insurance coverage”, says Musselwhite. 1. Driving without car insurance is a crime 2. Your auto insurance rates will increase when you reinstate your policy 3. You very well may incur stiff penalties
Source
Despite the high rate of dropped auto insurance coverage, most Americans are finding a better way to respond to worsening economic conditions. SaveTodayAutoInsurance.com reports increased usage as drivers seek lower auto insurance rates as a safer alternative to canceling their policies in response to the economic downturn
Lexington, Kentucky (Advertiser Talk) 28-Nov-2009 — Thinking about dropping your auto insurance coverage as a means to cut expenses in these recessionary times? Let’s face it, such actions are risky.
When asked if they were to drop their car insurance coverage due to economic conditions, 15% of respondents of a 2009 comScore survey¹ indicated that they didn’t think their insurance company would increase their rates when later reinstating their policy. And 72% of the respondents were not sure. Though most were not likely to go without auto insurance coverage due to the economy, few consumers understand the consequences.
It just isn’t worth the risk There are 3 compelling reasons to avoid the temptation of skipping your auto insurance coverage Most Americans are responsible, and resist the temptation to drop auto insurance coverage in tough economic times. These drivers are willing to shop for alternatives auto insurance providers as a means to reduce insurance costs Don’t drop your auto insurance coverage. Instead, get competitive auto insurance quotes and save hundreds on your auto insurance policy. During Recessionary Times Don’t Drop Car Insurance Coverage
This year the Insurance Research Council reported that one in six drivers in the U.S. may be driving uninsured by 2010 due to a continuing economic downturn. “It just isn’t worth the risk” says Jim Musselwhite, a founder of http://SaveTodayAutoInsurance.com/online1. “There are 3 compelling reasons to avoid the temptation of skipping your auto insurance coverage”, says Musselwhite. 1. Driving without car insurance is a crime 2. Your auto insurance rates will increase when you reinstate your policy 3. You very well may incur stiff penalties
Source
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