A Woman's Insurance Buying Guide

A Woman's Insurance Buying Guide
Save On Your Car Insurance with an Insurance Friendly Vehicle

Women often feel vulnerable when purchasing a car because they sometimes think they will be taken advantage of in the car buying process. As a woman, if you feel like you can't haggle a price or just don't like to, you can at least purchase a car that will give you a low car insurance rate. And, because of the characteristics of insurance friendly vehicles, they are often the less expensive cars to buy anyhow. So, if you are a woman looking into getting a car insurance quote for a new vehicle, make sure to consider first what car you want to buy.
The cost of a car insurance quote should be at the top of the list when a woman is considering the total price of purchasing a new vehicle. Just because she buys a smaller, cheaper car does not insure a cheaper insurance rate. And, although car insurance for women tends to be cheaper than for a man, a woman's driving history is another of many factors that are considered when determining a car insurance rate. Characteristics of the vehicle being purchased plays a large role in insurance costs.
Below is a list of features or types of vehicles to avoid to get the best stretch out of your insurance buck.
For a Cheaper Car Insurance Quote Stay Away From:
Vehicles With a Lot of Horsepower
Sports Cars
High Performance Vehicles
Luxury Vehicles
Vehicles With Added Technology Features
Large SUV's
Very Small Vehicles
Vehicles With a High Theft History

Collector / Antique / Classic Car Insurance Guide

If you are fortunate enough to own a classic car - or any collectible automobile - then you want to ensure that your luck does not run out because of having inadequate insurance coverage. Call it covering your butt - or covering your "asset" - but by all means, call one of the major providers such as American Collectors, Hagerty, or Parish Heacock insurance companies and let them put you in the driver's seat in terms of professional protection of your cherished automotive investment.
How to "Kick the Tires" on Classic Car Insurance
The whole idea of insurance is that it needs to do what you expect of it in an emergency, when the rubber really hits the road. And classic car insurance is as different from conventional auto insurance as, well, a classic car is from your run of the mill generic vehicle.
When you buy a classic car insurance policy, you are essentially purchasing protection for those times when - God forbid and knock on wood it doesn't happen - disaster strikes in the form of a fire, a collision, or an act of theft or vandalism. Just as we now have modern airbags to save us in the event of a crash, we also have collector's car insurance, to protect us with adequate moneybags when calamity throws a wrench in the works.
The time you invest in choosing the right classic car insurance coverage is well worth the value and peace of mind that a quality collector's insurance policy delivers for owners of classic motor cars.
Stipulations or requirements normally encountered while shopping for collector car insurance or classic car insurance:
* A decent driving record.* At least 10 years driving experience * No teen drivers on the policy or drivers with poor driving records* Secure and out of the weather garage * Proof that you have another car for daily transportation * Collector vehicle insurance is sometimes limited by the age of your car, and if your car is too young it may not qualify for a particular policy.* Limited mileage. You probably don't want to drive your creampuff car all the time, and your insurance company doesn't want you to either. Mileage limits have increased recently, though, so if you can live with 250 miles a month you're probably okay.
"Value" and Collector Car Insurance
Three kinds of value are important to understand when buying your policy.
1) Actual cash value:
This is what you usually get with ordinary insurance, and is based on replacement cost minus depreciation.
2) Stated value:
The insurance company pays up to the stated value of the car, but may not guarantee the full stated value. And deductibles of up to $1,000 usually apply.
3) Agreed value:
In most jurisdictions, those who provide collector car insurance or classic car insurance are allowed to insure for a value that you and your insurer agree upon. And for most autos, there is no deductible. If your $100,000 vintage Rolls get trashed, you get a check for 100 grand, plain and simple - which is exactly why collectors use special classic car insurance coverage.
The Nuts and Bolts of Classic Car Insurance Coverage
Collector car insurance is not the same as the insurance you buy for normal coverage of your daily transportation. Collector car insurance, or classic car insurance, is made especially for the needs of the car collector. And while ordinary insurance does offer some protection, no matter what you drive, it can leave you high and dry in the event of a loss that it not effectively covered by the terms of the insurance contract. For example, you may have a garage-kept 1970 Camaro Z28 Rally Sport (four speed with 4.11 gears), that you bought back in 1978 for $2,000. Now dealers are offering you $15,000, and you saw another one sell at an auto show for $22,500. If you don't have special collector car insurance or classic car insurance, and the car is totaled, you will be lucky to get your "original" $2,000 back for it. Don't let this happen to you. Don't procrastinate....get proper classic car insurance coverage today!!Do a periodic review of your coverage limits, because classic car prices are rising. What you insured your cherry classic for ten years ago may be a fraction of what it's worth today. And if you are restoring a vehicle, ask your agent to give you appropriate insurance.
There is no need to pay extra based on mileage statistics, if your car is up on blocks with no engine inside it. And as the car's value increases thanks to your hard work of restoring it, you should raise the coverage to keep up with the added value of the restoration.
Keep all your receipts and paperwork - for everything from parts and labor to expenses incurred to take it to a classic car show - so that you can document the total investment your collector's car represents. And take photos and keep them updated, for the same reason.
And Last But Not Least: Special Savings Opportunities
As long as you meet the criteria in terms of how you use and take care of the car, you can usually buy a policy.
Traditional insurers will either refuse coverage, offer only a replacement value based on the nuts and bolts (minus heavy depreciation) of the car, or will charge you a prohibitive amount for the premium. But many collectors find that special collector's coverage saves them money - as much as half - while insuring them for higher limits, sometime three or four times what a traditional company gave them.
Yes, it's possible to get collector's insurance coverage for full market value for your car, and save up to 50 percent off of the premium you'd pay with ordinary insurance. That makes classic car insurance a must-have for any serious car buff.
Below are links to summary pages about three of the most reputable and dependable collectors and classic car insurance companies in the USA

Auto insurance quotes: make them cheaper

1. Multi policy discount
Are you driving or garaging more than one car ? Chances are that your company provides a multi policy discount. That's two cars for the price of one! Verify this with your company and also check other companies for this policy.
2. Online discount Request your quotes online! It's cheaper for the company, because it saves a lot of paper work, so it's cheaper for you!
3. Package discount Save about 15% with this one! Some companies offer a package discount if you stick to that same company for your home, car and other insurances.
4. Yearly policies You can save a lot when you choose for an yearly policy instead of the monthly or six months policies.
5. Verify your mileage Are you still driving the same miles to work? Keep your mileage up to date, the less you drive the less you pay.
6. Automate your paymentsAvoid mail payments. Make EFT payments or provide your credit card number to the company.

Insurance for Speciality Cars

Owning a collectible car may be a matter of pride for some; however, it also is an investment. To protect that investment, collector car insurance is a much needed necessity. Since the repair and replacemnt of a collectible car can be cost prohibitive, a collector car insurance policy will financially save you in the event you fall victim to theft, an accident or damage.Collector car insurance differs greatly from regular car insurance. Insurers have specific prerequisites that have to be met before a policy can be written. Three of the major requirements are limits on miles driven per year, age and driving record of the owner and the age of the car. In addition, most insurers have strict guidelines on vehicle storage when it is not being driven.Limits on miles driven per year is usually no more than 5,000, although some companies have provisions for excess miles. A further restriction on mileage driven is that a car can not be used for commercial purposes or for daily commutes, however, a collector car insurance policy does allow the car to be driven to car shows and related activities.Another restriction on collector car insurance is the age of the car. In most cases, the car must be a minimum of 15 years old. Although some companies will set this number higher at 25 and occasionally at 35. Collector car insurance companies will require certain driver qualifications before a policy can be issued. Minimum age of a qualified driver is mostly 25 while the minimum driving experience is 9 years.Once you meet the stipulations for your collector car insurance, you and the insurers agent will negotiate the car's agreed upon value. As opposed to a regular insurance policy where the value of a car is determined by fair market value, in a collector policy, the value of the car is a figure you and the insurer will agree on. Whatever amount you and the agent agree to is the amount that will be paid to you in the event the car is a total loss due to an accident or theft. cheap auto insurance Selecting a well qualified insurance company for your collector car insurance is a necessity to protect your investment. However, choosing a company that specializes in collector car insurance will give you the best coverage and maximum benefit insurance

Risk Factors and its Effects on Car Insurance Premiums

The premium that drivers pay for auto insurance depends on certain factors, specifically called risk factors. Based on previous driving records, miles driven per year, age, etc, a driver’s risk factor is evaluated and is directly proportional to the insurance premium he or she must pay. To make sure you pay the lowest premiums possible, think about these factors and what you can do to make them advantageous for your situation:Driving Violations and AccidentsInsurance companies have one thing in mind: a significant number of accidents or moving violations equals to greater accident risk. Some insurance companies even penalize drivers with a bad record, which usually lasts for a number of years. Bottom line is, the more driving violations you have, the higher the premium. If you want your premiums to decrease, keep your record clean. Vehicle TypeThis is where insurance companies and car owners understand each other’s demands. Car owners of the latest, most expensive models usually get insurance with better coverage, which means higher premiums. Cheap cars cost less to insure because car owners have the option to disregard other types of coverage that are not applicable to their vehicles. OccupationNo, they don’t check your salary. Not yet, at least. For insurance companies, a significant relationship exists between the business use of your vehicle and the premium you must pay. If your job description includes long hours of driving such as being a door-to-door salesman, expect a higher premium. Credit RatingA better credit rating will save most drivers from higher premiums since many insurance companies believe that poor credit history is susceptible to higher risks. GeographyThe place where you reside can also dictate your insurance premiums. Living in congested cities or areas with a lot of traffic prone to vehicular accidents raises the risk factor of drivers. High crime rate, specifically of vehicle thefts, also leads insurance companies to charge higher premiums. EducationDrivers with higher educational attainment are charged with lower premiums. OthersYears of driving experience, lower miles driven each year, theft protection devices and multiple cars and drivers also offer opportunity for premium discounts. Some factors which cannot be adjusted, such as age, gender, and marital status can also affect a driver’s risk factor. Most insurance companies see drivers under the age of 25 with higher potential risk of being in an accident. Women are also considered as safer drivers than men, while a married person has lower premiums compared to a single one with the same driving record. By calculating your risk factors, you can easily get lower premiums which could save you a lot for the years to come. Just remember though, each insurance company has a different take on insurance premiums, so it’s always best to compare the rates of multiple companies for your particular situation.

New Car Insurance

Best Value New Car Insurance
You need new car insurance as soon as you own a new car. Even while your new car is still on the lot, if an elehant drops from the sky and crushes it in place, and you don't have insurance, you are the proud owner of a very expensive pancake of scrap metal. Get your new car insurance in place before you finalise the purchase of your new vehicle. Your new car insurance won't be cheap. As with any major financial decision, you should think carefully, do your homework, and weight your options, to make sure you end up with the new car insurance best suited to your circumstances. Figure out an approximate cost, and set aside the money for the new car insurance before you buy your new car.
Factors Affecting Your New Car InsuranceWhen pricing their new car insurance, insurers will consider a wide range of variables. The market is competitive, so they want to hold premiums as low as possible, but at the same time, they are in business to make a profit, so they need to charge you enough to cover their overall risk.For these reasons, insurers will look at the statistics, and try to identify any factor which influences the likelihood of you making a claim, or the size of the claim.This is why the cost of the vehicle is a major consideration, along with obvious variables like your driving record, and the ages of the regular drivers of the vehicle. If you vehicle has safety features, which make a personal injury claim less likely, or reduce the likely size of a claim, it will reduce your new car insurance premium accordingly. And if your new vehicle is a make or model which is particularly likely to be stolen or damaged, you will, unfortunately, be paying a whole lot more for your new car insurance.Some insurers consider credit score, hopefully on the basis of statistics, although it is not immediately obvious that there is a direct connection.There are also factors which you can control to some extent. Many insurers will allow you to choose the amount of your deductible, or excess - this is the contribution payment you make when you make a claim. Some insurers charge you the deductible for every claim, while others will only charge you if you are at fault. The higher the deductible, the less the claim costs the insurer, so choosing a higher deductible can reduce your new car insurance premium.
How To Get New Car InsuranceIn many cases, you can get temporary insurance cover when you buy a new car. This temporary insurance is called a "cover note". Most major insurers will issue a cover note over the phone. You then have anything from three days to 30 days to complete the paperwork required for your proper new car insurance. It is important to shop around for your new car insurance. Make sure you read the fine print on your new car insurance policy before signing. Some insurers lower their premiums by excluding certain things, like fire and flood damage, which you would expect them to cover.In the state of California, a citizen-initiated referendum put a ceiling on car insurance premiums. The result of this was that many insurers cut back dramatically on what is covered, to keep costs down. If you move to California from another state, you can't assume that new car insurance will be anything like what it was back home.You will have to live with your new car insurance for along time. Usually, you won't discover any problems until you try to make a claim. By properly reading the fine print, you protect yourself from unpleasant and expensive surprises.This article is an extract from Mark Bennett's comprehensive guide on finding new auto insurance, which is available from AllFinanceAdvice.com.Mark Bennett is a staff writer for AllFinanceAdvice.com, and contributes regularly to other authoritative financial websites and publications.

How to Get Cheap Auto Insurance

How to Get Cheap Auto Insurance
‘If it isn't broken, don't fix it' is a maxim that can make insurance companies a lot of money. Although everybody would like cheap car insurance, people tend to stick to the company that they are with rather than shop around for the lowest price for auto insurance. This can cost you hundreds of dollars a year.
There are a number of ways of getting cheap auto insurance, regardless of your current company and driving status.
Shop Around
Check for Discounts
Select a higher insurance deductible
Reduce coverage on older vehicles
Shop Around
Only by shopping around for auto insurance coverage and getting quotes on premiums from several insurance companies will you be able to know for certain you are getting the lowest price for auto insurance. Be sure to compare like with like. Cheap car insurance should not mean little or no insurance, or bad insurance. Ask about how insurance claims are approved and processed, and how quickly they're paid. Look into each insurers' financial stability (there are independent rating services that can help you with this).

Find Local Auto Insurance Resources:
City or Zip:
Check for Discounts
Insurance companies like market share, and in order to increase or maintain their market share many companies offer discounts to drivers. You might be eligible for a discount if you have a good driving record or if you have taken a ‘Defensive Driver Training Program'. There may be discounts available for antitheft or other safety devices on the car. Most companies offer low mileage discounts.
Select a higher insurance deductible
When you file a claim, a deductible is the amount you pay first before your insurer pays the remaining balance. Often people select lower deductibles, so when they have to submit a claim, their out-of-pocket expenses are minimal. But the truth is, the higher your collision and comprehensive deductibles the lower your auto insurance premium. The savings by increasing your deductible to say $1,000 from $250 are significant—you can save hundreds of dollars off your insurance premium.
Reduce coverage on older vehicles
If your car is an older model, you may want to think about dropping the collision or comprehensive coverage (or both) on your policy. You need to weigh the cost of the collision and comprehensive against the value of your car and your chosen deductibles. For example, if you had a 10-year-old car that's worth about $1000, and your deductible was $1000, the coverage is not actually going to help you. This is one of the best means of getting cheap auto insurance.
No matter how you are now insured or how much your premium costs, there are means of getting the lowest price for auto insurance. Check out you local insurance brokers. They will be able to find cheap car insurance by finding insurance companies that are a match to your strengths.

Cheap Car Insurance Quotes by State

Auto insurance is difficult to shop for and policy rates vary widely from company to company. To help make shopping, comparing rates and saving money on your insurance easier, eStateCarInsure provides Texas cheap car insurance quotes, and free auto insurance quotes and information from all 50 states to consumers 24 hours a day, seven days a week.
Receive a quote from eCI's California cheap car insurance quote comparison rating service any time day or night, over the Internet. Spend a few minutes answering a few questions about yourself, driving record, car and insurance needs.
Your free quote will tell you how much our insurance provider may charge you for your auto insurance. If you want a Florida cheap car insurance quote, then this is the place to be. If you're satisfied with your free quote, you can buy a policy over the Internet in many states.
When you apply for a free insurance rate quote you get a low Automobile Insurances Rate and answers to all of your auto insurance questions.
Be sure to shop around for the best rates and coverage in a Major Medical Insurance policy to assure that you will get the coverage you need at a price you can afford.
One way to keep the rate down on your California Auto Insurance is to insure more than one vehicle on your policy.

Cheap Car Insurance for Teens -- Possible?

If you think getting cheap car insurance for teens is impossible, think again! Read these 5 tips
Cheap car insurance for teens seems like an impossible dream. With teenage drivers twice as likely to be involved in an auto accident than a driver over the age of 25, there's no wonder auto insurance is sky high. But don't give up. Read these five tips to learn how to cut your insurance costs while insuring your teenager.
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Cheap Car Insurance Tips
Tip #1 -- Add your teen to your existing car insurance policy Instead of taking out a separate policy for your teen, add her to your policy. Doing this might raise your premium but it is cheaper than getting a separate policy. On the bright side, you might get a discount for adding another car to your policy and the discount could equal the raise in your premium -- so it equals out.
Tip #2 -- Good grades
Many car insurance companies offer a "good grade" discount. Studies show that students that consistently make good grades tend to be more responsible even when it comes to driving. So if your teen gets good grades, it's not only a plus at school but for your checkbook too!
Your policyholder may also give you a discount if your teen has taken and passed a driver's education class at school.
Tip #3 -- Drive an older car
Now, this isn't going to be too popular with your teenager, but if you want to save money, this is one way to do it. Buying your teen a new car or a sporty car spells death to your insurance bill. Insurance companies always charge more for flashy cars especially when there is a teenage driver behind the wheel.
Tip #4 -- Choose a higher deductible
Auto insurance that has a higher deductible usually has a lower premium. So if you are prepared to cover minor bumps and bangs, this is a way to lower your cost.
Tip #5 -- Safety features
While you don't want to get your teen a flashy car that will raise your rates, it pays to have them drive a car that has extra safety features like air bags. Safety features reduce the rate of injury and the auto insurance companies take this into consideration.
Use these 5 tips when doing your insurance comparisons. Be sure and ask your insurance agent what discounts he can give you based on these tips and you'll find that cheap car insurance for teens isn't just a dream after all.

Three Great Ways To Get Cheap Car Insurance

There are a lot of people who are in search of cheap car insurance today. However, since a large number of these people are loyal to a specific insurance company who they have worked with in the past, they are not willing to start over with a new company. These people simply cannot bring themselves to shop around in search of various car insurance quotes from different car insurance companies. This is quite unfortunate for them because unless you are willing to shop around you are not going to be able to find cheap car insurance and this can actually cost you hundreds of dollars in savings each and every year that you choose to remain stuck in this rut.
If you really want to find cheap car insurance for your vehicle, you are simply going to have to suck it up and start shopping around. Herein is where you will truly be able to find cheap quotes on premiums. Of course, this means that you will want to check with several different companies. Without doing this type of shopping you are never going to know for sure that you are really, truly getting the cheapest car insurance prices. However, once you do start to do this comparison shopping it is important for you to keep in mind that cheap car insurance has nothing to do with having little or no insurance, nor does it have anything to do with having bad insurance. For this reason you are going to want to check into how insurance claims are approved and processed. You will want to know just how quick this process is. Herein it is also a good idea to see just how financially stable the car insurance company you are thinking of working with actually is.
Another important tip to keep in mind whenever you are looking for cheap car insurance is to always look for discounts. You may find one such discount comes from having a clean driving record or from taking a driver’s training course on defensive driving. Other discounts may also be available to you for having effective safety and anti-theft devices installed on your car. You may also be surprised to find that a lot of insurance companies will also give you a discount if you have low mileage. Insurance companies definitely want to capture as much business as they can and all of these things can work in your favor.
One last tip that will help you save money on your car insurance is to reduce the amount of collision and comprehensive coverage that you have on older model cars. If you look at the cost of this coverage as compared to the value of your car, you can see whether or not this will actually work in your favor.
Take some time to think things through. Don’t remain in the same rut when you don’t have to, especially when there are opportunities available that will help you save money on your car insurance.