Reader’s Question:

Do I really need to insure my car in Nevada? How do I get cheap car insurance?

Jonathan

Las Vegas, Nevada

Almost all states require that motorists insure their vehicles. Every state has its own minimum liability limit when it comes to car insurances. In your case, Nevada requires 15/30/10 which means that at the minimum $15,000 will be the required minimum insurance for bodily injury caused to another person, $40,000 is the minimum for injuries sustained, and $10,000 is the minimum for property damages. So, it is really a must to insure your car in your area. However, it is possible that the amount of coverage would not be enough to pay the damages once an accident happens. It is up to you to search on the best insurance company that will provide high insurances with not so expensive premiums.

The easiest way to get cheap auto insurance for your car is for you to search for cheap car insurances in your area on the internet. From the list that you get, ask agents of the car insurance companies for quotations so that you could compare rates. After comparing rates, study well the differences in what they could offer as car insurance providers. You should note that, the premium you have to pay depends on your car model, your credit rating as driver, your age, gender and driving history.
I hope I had answered your question.

Reader’s Question:

I need car insurance for my newly bought car. What are the different kinds of insurance from which I can select that will fit my budget?

Arlo

Kansas City

There are three basic kinds of car insurances that you can look at and see which one fits your budget. These are third party liability, third party theft and fire, and comprehensive insurance. The third party liability covers only the damages done by your car to the other party’s car during an accident. This insurance will not pay you any amount if your car is damaged. This is the cheapest of the basic kinds of insurances. The third party theft and fire insurance covers both your car and the other party’s car. The insurance company will pay any damage to your car and the other party’s car if the damage is caused by theft and fire. It will not pay any damage if the cause is accident. The third is comprehensive car insurance. It covers any damages to your car and the other party’s car in case of accidents. The cost of repairs needed by your car and the other party’s car would be shouldered by comprehensive insurance during accident.

Depending on your budget you have options of the insurance policy that you will purchase. The premium you will have to pay would also depend on the kind of vehicle you have, the kind of insurance you choose and the amount of coverage you prefer. You could always research online to select the cheapest but suits your preference car insurance policy. The insurance companies are being rated by other customers and you should take a look at that.

Reader’s Question:

I have two young children aged 18 and 19 who have just started driving. How could I get cheap car insurance policies for them?

Gale

Houston, Texas

A lot of parents do the option of getting car insurances for their young children by riding it on their own car insurance policies. But sometimes this is not possible because some car insurance policy for young drivers are more expensive than their parents as they lack age and driving experiences. But still there are many ways to be able to get cheap car insurance policies for young drivers. One has only to find out how to get cheap car insurances for young drivers.

I can tell you some ways of obtaining car insurances for your children. One, you should find car insurance companies that would provide cheap car insurances for young drivers like your children. Some car insurance providers are exclusively offering car insurances for young female drivers whose ages are 17 years and older and for young male drivers ages 19 years old and over. Secondly, there are car insurance companies offering discounts for young male and female drivers who have just started to drive cars. You should look around and compare prices. Thirdly, you should look for car insurances that would take effect immediately upon your purchase of the car insurance. Always confirm to insurance agents of the terms and conditions of payment and start of effectiveness of your newly purchased car insurances. Lastly, there are payments options for the car insurance premiums especially for young drivers who are not financially stable. Select car insurance provider that gives grace periods when paying the car insurance premium.

Reader’s Question:

I’m planning to find another car insurance company. I think I’m paying way too much on my current car insurance premiums. So now, I’m doing some research on how to save on my car insurance bills. Can you tell me, how does driving history affect cheap car insurance rates?

Janna

Jacksonville, FL

I’m guessing with your name – Janna you’re obviously a female right? The reason why I’m asking you this is because your gender is one of the factors that affects cheap auto insurance rates.

Just for additional information, being a female has its own advantages in getting low auto insurance as compared to male drivers. In most instances, auto insurance companies offer lower car insurance rates to female drivers because they are considered low risk drivers. They are found to be less likely to be involved in car accident unlike male drivers.

Well, going back to your question, driving history is what I considered as one of the most important factors in getting cheap auto insurance rates. And the reason for this is very simple – your driving history tells what kind of driver you are. The more traffic tickets you get means the more traffic violations you’ve committed. Thus, this only reflects how “good” or “bad” driver you are. In addition, the more instances that you get involved in car accidents means the more reckless driver you are. Hence, with this, the higher the instances that your own auto insurance company will shell out money to cover for the damages in the event that you get involved in car accidents.

If let’s say you work for car insurance company, would you give a driver who has bad driving history cheap auto insurance rate? I guess you’re answer would be no. Who in his right mind would insure someone who has bad driving history with low cost auto insurance rates? With that, I guess I have answered your question. Always drive safely!

Reader’s Question:

I just moved in here in New York and I want to know the car insurance requirements here.

Apple

New York City, NY

If you will live here in New York, the minimum liability car insurance requirements are US$25,000 for bodily injury (BI) for a person, US$50,000 for all injuries and US$10,000 for property damage (PD) during a car accident. However, this minimum limit might not be enough if a car accident is met. It is recommended that you should get a car insurance policy that carries at least US$100,000 of bodily injury protection per person and US$300,000 per motor accident. This will surely help you pay all medical expenses and covered the costs of car repairs if you happen to be involved in any car accidents.

In addition, the State of New York requires that a motorist gets a personal injury protection (PIP) and uninsured motorist insurance (UM). PIP could be used to pay the hospital bills when you happened to bump ones car. The policy holder could be exempt from getting a PIP but each passenger is required to carry with them a PIP so as to avoid exorbitant payments for bills in hospitals for bodily injuries during unexpected motor accidents. Under New York law, vehicle owners are required to purchase a UM car insurance to protect injured people caused by uninsured motorists. Victims are to receive the same amount of payment as if the motorist is insured if accidents happened. Almost 5% of motorists in New York are uninsured.