Tips on Switching Car Insurance Providers

If you are feeling unhappy with your insurance company and rates, you shouldn’t feel like you have to wait for your contract to end in order to take action. If you feel your policy is too expensive or that your claim has been handled unfairly, there are steps that you can take to switch. You should be careful, however, when it comes to switching providers. Here are a few helpful hints to get cheap car insurance and avoid hassles when changing companies.

Starting a New Policy with a Different Company

Make sure that you have the nitty-gritty details of this new policy before canceling your old one. The first thing you should do when looking for cheap car insurance is compare rates from different companies. Once you have found a better deal, follow up with the company in order to get the details of the quote. Has your age, gender, location, car model and make been factored into this quote? Make sure that they will offer you the same amount of coverage for the same or less than what you are paying now. Make sure that your new policy is set in place before starting a new one.  If you are caught without insurance during the interim, you may end up losing the new policy.

It is best to start your new policy one day after your other coverage ends. You should avoid any overlap, as it will cost you more money, and if you are involved in an accident during that time it may complicate matters, as you cannot file one claim with two companies.

How to Cancel Your Old Policy

After you have secured your new policy, you can cancel your old one. Make sure you follow protocol when canceling your existing policy, as outlined on your policy agreement. If, for example, you cancel your policy in the middle of a billing cycle, you may have to pay extra fees.  Tell your insurance provider ahead of time when you want your policy to end. Think of it as like quitting a job. You always want to give “notice” first. This is the safest course of action to take to ensure that you don’t get strapped with extra fees. Always make sure that you receive a cancelation date in writing, and keep it in your records.

Usually, one can cancel an insurance policy over the phone. It isn’t as big and scary a process as it sounds. Some companies may want to have a more formal letter written to notify them of your desire to terminate the service. If in doubt, check the company’s policy.

A Few More Things to Remember

Make sure that you get a refund if you have a prepaid policy. Always check with your insurance company’s specific policies regarding refunds and don’t be afraid to talk to someone at the company. If you are owed money, they will issue you a check within the first couple weeks of your cancelation.

Your state laws may mandate that you notify the Department of Motor Vehicles (DMV) if you are changing insurance policies. There are many insurance companies that will provide this information to the DMV for you.

Options For High Risk Drivers Seeking Cheap Car Insurance

Sometimes, securing an auto insurance policy is as easy as calling up a company, giving out some details, and paying that first premium. But for other people, it can be a little more complicated. There are many reasons that drivers can be denied auto insurance, or may have trouble finding a company to accept them as customers. Some of these reasons may include the fact that you have a poor driving record, own a special or high-performance vehicle, are a new driver with little or no insurance history, or live in an area with high rates of theft and vandalism. If any of these might apply to you, don’t worry too much. There are certainly ways to secure insurance for your needs. You might consider the following factors in deciding which car insurance to get:

All states have what’s called a state-assigned risk pool, and most insurance companies are a part  of this risk pool. Basically, drivers who are in the pool are guaranteed to get insurance through the companies to which they are assigned, no matter how high their risk. Of course, the premiums on these policies will be much higher than a normal policy, but motorists in this pool are guaranteed coverage, so it’s pretty good. You can learn more about your state-assigned risk pool or how to be listed as part of it by contacting local insurance companies.

Some drivers who are considered to be “high risk” have insurance policies that are specifically tailored to them. Insurers specialize in particular policies written specifically for drivers with high-risk traits, such as having a poor driving record, owning a high-performance vehicle, or living in a high-risk area. Sometimes, these policies can offer a better deal than policies through state-assigned risk pools. Rates may be lower, and you may also be able to get more comprehensive coverage than basic liability. If you need a list of companies who sell non-standard insurance policies, you can contact your insurance agent or state insurance department.

Even if you are considered a high-risk driver, you still have options for securing a satisfactory insurance policy. The policy may cost you a little bit more in the end, but it will probably afford you peace of mind and it will save you much more in the long run if you should ever be involved in a serious accident. Although the goal for many of us is to buy as cheap car insurance as possible, it’s not always possible given other factors. The best thing to do is to do your own homework and understand how insurance companies offer coverage in your area.

How to Understand Points on Your Driving Record

As drivers, we all try to avoid those dings on our driving record that cause insurance premiums to go up. If you’re wondering how those points are assessed, read on. There are two methods for how points get blemish your record. They can be either assessed by your state DMV or they insurance companies may assign these points to your insurance profile themselves. Most states use one of these two systems.

You can learn more about how your state assesses your points. Firstly, each state holds its own statute of limitations on how long it takes before points are removed on your record. In Maine, points take one year to disappear and in Massachusetts, they remain for six years. You can find out how long points remain on your record at your state DMV.

If you have been ticketed for a traffic violation, it’s easy to get your driving record from the DMV to find out how many points you have racked up. If you’ve gotten a traffic violation in the past, it’s always a good idea to get your driving record from the DMV. You can then enroll in traffic school or take other actions.

You may also be able to see and obtain your driving record online. Check out your state’s DMV website to find out how or if you can. Typically, there’s a nominal fee to obtain it online. Your driving record can follow you from state to state. If you move, remember that many things you’d rather forget such as convictions, accidents, moving violations, and other items will be detailed on your driving record. You can’t outrun your driving past, no matter how much you’d like to do so.

While points on your record lead to auto insurance premiums, points on your license can also lead to serious consequences like the revocation or suspension of your driver’s license. Securing cheap car insurance with multiple points on your record could be difficult. If you are ever in doubt about the number of points you have acquired might affect your driving privileges, or if you want to find ways to ameliorate your situation, you can always consult a traffic attorney for assistance. Don’t worry – you can escape your past, but there are steps you can take to alleviate the consequences of points on your driving record.

How to File a Car Insurance Claim

When you’ve been involved in a car accident, the first thing on your mind is whether or not you or the other driver has been hurt. The second thing that may come to mind is how much damage your car has sustained. The last thing anyone wants to deal with in this stressful situation is filing a claim. However, it must be done in order to receive compensation for damages, or to pay for them if the accident is your fault.

Following an auto accident, there are specific steps you should take to make the process as smooth as possible. Here are some helpful tips:

Call Your Provider: You should always contact your auto insurance company as soon as you can after an accident. It doesn’t matter who is at fault, it doesn’t matter if there is minimal damage. Whether it is a fender bender or a major accident, you need to let your insurance company know right away. You need documented evidence of the accident—otherwise it is simply your word against the other driver.

Keep Records and Documentation: Make sure you take down the other driver’s information, such as their plate number, their name and their insurance information. You should also receive a copy of the police report and keep documentation regarding medical bills and lost wages.

Know the Details of Your Policy: You should know the time limit for filing a claim, whether or not you should use your own adjuster to assess the damage to your vehicle or use one from the company, and whether or not your policy covers car rental while you are waiting for your car to be repaired.

Every state has different laws that regulate claims. You should never hesitate to ask your provider if you have any questions regarding the claims process. You may also contact your state insurance department if you feel like your provider is not being helpful.

The best way to ensure that the claims process is as painless as possible is to understand how the claims process works. Don’t wait till you are involved in a stressful accident to find out.

You should never drive without proper insurance. If you think filing a claim is stressful, imagine having to pay for damages out of pocket! For many uninsured drivers, this is a reality. Furthermore, driving without insurance can result in license suspension, fees, and even jail time. It’s just not worth it.