Tag: auto insurance
What is Rideshare Insurance?
If you transport people in your private vehicle, such as with Lyft or Uber, you need rideshare insurance. This extra layer of coverage to a driver’s personal auto insurance kicks in while driving for rideshare companies. Without adequate insurance coverage,…
SR-22 Coverage and Auto Insurance Explained
You may have heard the term SR-22 insurance and wondered what it is. In short, it isn’t insurance, but it is a state-filed certificate confirming that the driver has sufficient coverage. Aimed at certain high-risk drivers, SR-22 is mandated by…
What Happens When an Auto Insurer Cancels Your Policy
When an auto insurer cancels your policy, it can feel like a stressful and uncertain situation. Understanding why it happens, the consequences, and what steps you can take next can help you navigate this challenge effectively. Why Do Insurers Cancel…
The Diminished Value of Your Wrecked Vehicle
You’re driving along, focused on the road, when suddenly a car sideswipes your right rear fender. Fortunately, you keep control of your vehicle and pull over safely to assess the damage. Everyone is fine, but the other driver caused enough…
Electric Vehicles Cost More to Insure
Owning an electric vehicle offers several advantages, such as avoiding trips to the gas station and benefiting from zero emissions. Additionally, EVs often have lower overall maintenance costs and qualify for tax incentives, making the switch appealing for many. However,…
Managing Rising Auto Insurance Costs
Auto insurance rates are escalating rapidly, with projections indicating significant double-digit growth this year and potentially in the future. Once rate hikes by insurers receive approval from your state’s Department of Insurance, these increasing insurance expenses are typically passed on…
When is Your Car a Total Loss?
Smash! You never saw it coming — a driver runs a red light, and slams into the side of your vehicle, leaving behind a trail of twisted metal, broken glass, and thousands of dollars in damage. Airbags saved the day…
Gap Coverage May Save You Thousands of Dollars
Here’s a thought: you buy a new car and within months it is stolen or totaled following an accident. You believe that your insurance coverage is excellent, but are soon rudely awakened when your finance company sends you a bill…
Windshield Replacement: How Much?
It’s shocking how easily a windshield can be damaged. Sometimes, all it might take is one speck of loose gravel and then… crack! And what’s even more surprising is the repair expenses. When windshields get damaged, one of the first…
What Type of Auto Insurance is Ideal for You?
As a driver, auto insurance will protect you, other drivers, and your vehicle. It will also provide peace of mind and is a legal requirement. There are also many different types of auto insurance available. You should choose an insurance…
Why is Car Insurance Expensive for Young or First-Time Buyers?
Every driver must have car insurance if they wish to own and operate their vehicle. You will obtain financial security when you get comprehensive car insurance. As for young and/or first-time buyers, their insurance will tend to be higher, as…
