The vehicle owners satisfaction

Following any auto accident where the car appears to be repairable, there is a process that takes place. It begins with the insurance company’s estimate of the damages to the vehicle, and it concludes with the completion of the repairs to the vehicle owner’s satisfaction.

Initially, upon receiving a request for a claim, the insurance company will assign and adjuster to perform a thorough inspection of the vehicle and generate a repair estimate. Depending on the particular insurance carrier and the extent of the damages, generating a repair estimate may take anywhere from 2 to 5 days. Once this quote has been provided to the vehicle owner, it is then the vehicle owner’s responsibility to authorize the repairs.

For the most part, minor repairs can be completed in a matter of days. The repair shop will begin by ordering any body or mechanical parts that need to be replaced, and begin the repairs at the same time. Some minor damages have been completely repaired in less than one week, while others may take twice as long. If a vehicle has been involved in a minor accident, the entire repair process could be completed in 5 to 10 days. However, one could expect this process to take up to twice as long, since there are many variables that can affect any ideal scenario.

Major accident damages present another time-frame scenario entirely. To begin with, there are often unforeseen damages that can only be correctly evaluated when a vehicle is disassembled. An adjuster can offer an experienced assessment and provide preliminary costs for these repairs within the same 2 to 5 day time frame, however this cost will most likely differ from the actual repair bill.

For this reason, the vehicle owner is asked to secure several repair estimates and provide these to the adjuster. This part of the process can take anywhere from 5 to 10 days, depending on the effectiveness of the vehicle owner in obtaining the comparative estimates. Once the estimates are received by the adjuster, the actual place of repair can be selected and the car may need to be transported to that location.

The damage to the insured vehicle

Auto insurance is financial coverage of an motor that protects the driver from having to pay out of pocket for any damages caused by traffic accident, theft, or other vehicle damage. Car insurance is the law in the United States. It is purchased for all motor vehicles including cars, trucks, and motercyles. The driver pays a monthly payment called a “premium”. This premium goes to the auto insurance company and they agree to cover the expenses that could be incurred in a traffic accident. This money is used to pay for the damage to the insured vehicle, the proper that is damaged in the accident, and the other vehicle damaged as well.

The amount you pay for premiums really depends in the state you live in and their particular requirements. Some states may not even allow you to get a license without proof of insurance. It’s important to do research about what your particular state requires.

Auto insurance is broken down into several levels and types. We will discuss four of them.

One type of auto insurance is “liability” coverage. Liability is the most basic type of auto insurance and required in all auto insurance. Liability coverage only pays for the physical injury, property or vehicle damage that the driver is directly responsible for.

Another type of auto insurance is “collision”. Collision covers all damage directly relationed to an auto accident. This includes the vehicle itself, and/or physical injury of the driver or passengers as a result of the accident.

“Comprehensive” coverage is financial coverage of motor vehicles in case of damage caused by incidents other than a traffic accident. That includes fire, theft, vandalism, and in some cases, weather damage.

“Full Coverage” is the combination of liability, comprehensive, and coverage.

There are several other types of auto insurance as well. It’s important to do lots of reasearch and be familiar with the insurance laws in your particular state.

As with most auto insurance, you gernally have to pay what is call a “deductible”. A deductible is a set, agreed upon amount you have to pay before your insurance coverage kicks in the case of an accident.

Auto Maintenance Tips

With gas prices high and household budgets crunched as never before, vehicles often get the short end of the stick when it comes to upkeep.  The estimated annual cost of routine auto maintenance runs about $1,200, depending on the make and year of your vehicle.  That’s a substantial chunk of change for most people, but the good news is that there are ways to pare down the cost of maintenance.  Here are a few tips for keeping come extra bucks in your wallet:

Find a repair shop or mechanic that you trust and stick with them – it will save you money over time.  Taking your vehicle to whoever is offering a discount on tune-ups or brake jobs can cost you big bucks in the long-run.  Mechanics want to keep loyal customers and will usually go the extra mile to hang on to your business.  Plus, they’re less likely to perform unnecessary service or overcharge you if you’ve built up a relationship with them.

The dictum that you must change your oil every 3,000 miles isn’t written in stone.  In fact, many experts now say that you can go 5,000 or more miles between oil changes without doing any harm to your engine. Follow your car manufacturer’s recommendations about oil changes, but remember that going an extra 500 miles over the recommended amount isn’t going to make much of a difference.

Consolidate many short trips into fewer long ones.  This saves on gas, but it will also save you money on repairs. Most of the wear to your vehicle occurs when your engine is cold, because the oil hasn’t started circulating around the moving parts yet. Another damage factor is condensation in your engine from combustion.  If you start your car and drive only a couple of blocks to the store or a neighbor’s house, the engine won’t heat up enough to evaporate the condensation or circulate oil. This wears on your engine. It’s not a problem if it only occurs occasionally, but making a habit of it will cause problems and result in subsequent repairs.

Save money on tires.  The big box stores sell most brands of tires, usually for a lot less than regular tire stores. They’ll also install them for you and often include free flat repair, balancing and rotation.  They don’t stock as many sizes as a tire store, but most will order them for you if they don’t have your size.  Check them out before you pay a higher price somewhere else.

Insurance Company Knows About You

If Big Brother is watching, he just may be your insurance company. No matter what insurance company you use, it is guaranteed that they know plenty more about you than you know about them. When you apply for a new insurance policy or when you submit a claim, the insurance carrier gathers a wealth of information about you.

The insurance carriers obtain your credit score and utilize in making decisions. However, they use your score to create something different. By giving different weights to different factors than the credit bureaus, they come up with what is called an insurance risk score. You can obtain your credit score, but you cannot find out what your insurance risk score. Studies have been done that show a direct correlation between someone’s credit score and on how likely they will be to file a claim. The better the credit, the less you will pay for insurance coverage.

Your insurance company will certainly check your driving record. This has a direct effect on whether or not they will insure you and on how much your insurance premiums will be. Driving records are essential as a predictor of insurance risk, and are utilized by all insurance firms.

Insurance firms often buy comprehensive information about potential customers from large database companies. This information could contain your credit report, your driving history, your claims history, your address history, criminal records, lawsuit history, aliases, and the history of vehicles. As much information that can be gathered will be used in making any decisions.

You can double check much of the information that is used by insurance firms. You can obtain a copy of your credit report from Equifax, Transunion, or Experian. You can write to the Department of Motor Vehicles in your state to get a copy of your driving record. It is always good to check for errors on a regular basis. Errors are common, and one error can cost you.

A few things you can do if your car keys are stolen

Well one thing that you can do is first call the police as soon as you can, because this is one thing that they can look into and try to make sure that it does not happen to no one else. The second thing you will need to do is try and call someone to go pick up a spare key at your home if you have one. You are better off trying to get into your car instead of getting a tow truck to pick it up. After you call someone to go to your home then you are all set, but if you can not do that then you will need to go on to another step. The other step is getting someone to try and pick up your care that will not cost you a fortune to get back. Sometimes you can wire it, but that messes up your car completely. The most important thing is getting this person on paper so that this does not happen to no one else and to get you and your car home some how and some way.

When your car keys are stolen you have to make sure that you stay calm and that you have an extra at home that some one can actually go get. This will help you out a lot and keep you from having to get your car towed. You can not control the actions of other people so sometimes you have to be safe and make sure that you keys stay very close to you at all times. If you are with someone then get them to hold them while you do something or run up to the counter, but if all else fails try and keep the min your pocket or purse at least something that always stays on you no matter what. These are some steps you can take to make sure that your keys are never stolen or hard to steal at least. All of these things can help you try and keep your keys from getting took.

Exotic super cars are not only expensive to buy but expensive to own

Cranking down the highway at 140 miles per hour behind the wheel of your Koenigsegg Agera R sounds exciting to just about anyone but before you drain your bank account and head to the dealership, be aware of the true costs of these cars. Exotic super cars are not only expensive to buy but expensive to own. Insurance premiums and maintenance costs can add thousands of dollars a year to your ownership costs.

Super Cars Are Super Expensive

Buying an exotic car is not for most of us. These cars cost more than many people make in their entire working life. We are not talking about run of the mill Porches or Ferraris but truly exotic vehicles. They are built in limited numbers, use extremely expensive materials and are hand built putting them out of reach for the majority of drivers.

Just how far out of reach? A Bugatti Veyron Supersport has a 16 cylinder engine that will push it over 200 mph and it will go 0-60 in 2.9 seconds. This car costs a staggering $2.6 million dollars. The Koenigsegg Agera R is another example of a truly rare car. It’s 1115 HP V-8 will hit 60 mph in 2.9 seconds as well but cost a mere $1.7 million.

So what does it cost to insurance and run one of these exotic cars? Tons of money.

Insurance Costs

Insuring your million-dollar vehicle can cost plenty. In the majority of cases super cars are insured by specialty insurers. Mainstream insurers like Progressive or State Farm have limits on the value of cars they will insure and most will not touch a million dollar vehicle.

Collector car and other specialty insurers such as Chub and Chartis issue policies called agreed value. Agreed value policies let the vehicle owner set the limit on the value of the car. In the case of a total loss, they are paid 100 percent of the agreed value. Exotic cars depreciate quickly and this type of insurance makes sure you recover full value of the car if it is totaled or stolen.

So what is the premium on an exotic car?

According to Autoblog, the most expensive car to insure is the most expensive car to buy. Insurance costs for a Bugatti Veyron will run roughly $50,000 per year. The U.S Census Bureau found that the median household income in 2010 was $49,445 so if you plan on buying a Veyron be prepared to fork up more than most households are living on, just for insurance.

Insurance is just one expense that you will have to deal with; maintenance is where the real money will be spent.

These strategies are shopping around comparing different rates

If you are looking for the cheapest auto insurance rate, it is not difficult to find. However, you have to implement some strategies to help you find the best rate. These strategies are shopping around comparing different rates from different insurance companies and requesting discounts.

Insurance prices vary from one company to the next; obtain a minimum of three insurance quotes when you shop for insurance. You can call insurance companies directly or use the internet. The internet is a better alternative because you can check in the comfort of your home, and it offers you the ability to check more than one company at the same time. Calling on the phone tends to be time-consuming when you factor in dealing with the different prompts and being place on hold. Additionally online, there are companies that offer rates from more than one company so you can compare at one site versus researching several sites.

Although you are looking for the cheapest auto insurance, it is important not to shop only based on prices. Ask your family members and friends for recommendations. Inquire about the service they received when they brought insurance. You do not want to have cheap insurance, but inadequate service. Additionally, check with your state insurance department to see if the company you are considering has any complaints.

Deductible is the amount you pay upfront in the event you are in an accident. When you buy auto insurance, this is a major consideration if you want to obtain affordable insurance rates. The lower your auto deductible the higher your insurance premiums will be. Therefore, if you want to obtain the cheapest auto insurance rate, select a higher deductible. However, make sure in the event of an accident, you are able to afford the higher deductible. If you are unable to afford the higher deductible, you should stick with the lower deductible.

Are you a student with good grades, some insurance carriers offer discounts to student who have good grades. Therefore, when you are purchasing auto insurance, ask whether they provide a discount for students with good grades.

Auto Insurance Quotes is Not Complicated at all

When you are looking to obtain free auto insurance quotes, where do you first begin to look? Do you simply go to your favorite search engine and type in free auto insurance quotes or do you have a specific company that you prefer to deal with? To obtain the free auto insurance quotes, the process is fairly simple. The reason many consumers choose to get free quotes before they decide to sign a policy is to make sure that they are getting the best deal possible when it comes to the car insurance rates.

If you have never had car insurance and are unfamiliar with the process of obtaining car insurance, you do not have to worry that this is going to be all that complicated. There are going to be some things that you will need to know prior to setting up a insurance policy for the first time. You will need to have the title to the vehicle there with you when looking to get auto insurance. The reason you need to have the title is so that you can type in the VIN number into the free auto insurance quotes screen before you will be able to get a full quote. The reason the system will want to know this is to make sure that the vehicle is actually able to be registered and not a vehicle that has been registered in the system as stolen or being wrecked.

The other items that you are going to need to know are the parts that are on your vehicle. The system will want to know if you have a vehicle with anti-lock brakes as this will make your insurance rate cheaper. The auto insurance company will also want to know if you have other safety devices installed on your vehicle such as an anti-theft device which will ward off anyone who is looking to steal your car. These devices will lower your insurance quote as well. If you are unfamiliar with all these devices and the parts on your vehicle, you may choose to call the insurance company as speaking with an agent may be easier than trying to figure out everything on your own.

Tips You Can Use To Get A Good Rate

No one likes to pay more than they have to and that goes for auto insurance. Each month we pay it religiously because we must have it. During tough economic times, more affordable auto insurance is usually available. It becomes a buyer’s market and great deals with low rates are usually the norm. It is up to the consumer to take advantage of this situation as the insurance companies rarely will come looking for you. We have some tips to help you get the best price on your auto coverage.

Combining insurance policies is something that you will want to look into. Many companies that you deal with for your home and property insurance also sell auto insurance. If you combine all your policies, under one roof many times you can get a more affordable rate. See if your current insure for your home also offers auto as well. The discounts offered could save you more than you can imagine.

Before renewing your current auto insurance policy again have a meeting with your agent. Go over your policy with a fine tooth comb and see where you can save money. Many times there will be things added to your policy that you never use. By cutting, those out you can get more affordable auto insurance premiums. Remember the next time it is time to renew ask questions and you maybe surprise at the savings you may be able to get. Insurance companies do not want to lose your business and will do whatever it takes.

How high is your deductible? One area that many people overlook is their deductible. By raising it, you can lower what you pay for auto insurance. Insurance companies give favorable rates to individuals who take on more responsibility and raising the deductible fits that criteria. Now one word of caution if you cannot afford a high deductible than this not the direction to go.

Protect your credit history is you want affordable car insurance. More and more insurance companies are looking at your credit history when determining what to charge for premiums. This is why protecting your credit history has become more important than ever before. Some insurance companies also look at marital status, occupation, and where you live as well. Keep these in mind when trying to find the best possible rate.

Auto insurance should be one of the first items

When you think of ways to save money, auto insurance should be one of the first items on your agenda. From choosing certain kinds of cars to getting good grades, find out if you’re saving all you can on car insurance.

Choosing the right car: Certain cars are statistically cheaper to insure. Just google “cheap cars to insure” to find out which models cost the least.

Driving less: Let your agent know if you’ve started driving fewer miles than in the past. Whether you’ve moved, lost your job, or started working from home, you may be able to shave quite a bit from your bill.

Multiple policies: Insuring your car and home with the same provider can lower your rates significantly.

Higher deductible: Raising your deductible will lower your premiums. It’s important, though, to decide how much you can afford to pay out of pocket in case of an accident before you change your deductible.

Paying annually: Pay your insurance bill once per year if possible, since many insurers charge administration fees of several dollars if you pay monthly.

Safe driver discounts: Avoiding tickets and accidents goes a long way when it comes to car insurance rates. Check with your agent every year to make sure you’re getting a price break for driving safely.

Good grade discounts: Students with good grades can also snag lower car insurance rates. Be prepared to provide proof of your high marks.

Age-related discounts: Drivers can often receive discounts at certain ages. Ask your agent for details.

Safety devices discounts: Arming your car with an anti-theft device can lower your insurance costs. Driver and passenger airbags and anti-lock brakes can help as well.