Car Insurance Factors New York NY
Reader’s Question:
My friend here in New York, says your auto insurance rates are based on the car I drive and how many miles I drive each day, is this true?
Bruce
Buffalo, NY
Your friend is correct, auto insurance premiums or rates are based on many different factors and one of them would be the type, make and model of your vehicle there in New York that you will be placing under your policy. The manufacturer, safety rating, and tag price of the vehicle will have a major influence in the overall computation of your insurance premiums. Expensive, top of the line vehicles and certain car types and models are highly susceptible to car theft and vandalism, increasing your chance of filing a claim in the future. It might be interesting to also note that additional safety and security mechanisms like Automatic Seat belts, dual airbags, Anti-theft Devices etc., can actually help in making your insurance rates lower.
Other factors that may affect your auto insurance premiums include:
1. Age – Teenagers and Elderly Citizens rank the highest, respectively, in getting involved or killed in road accidents among all drivers.
2. Marital Status – Married people are, statistically speaking, less prone to get involved into car accidents than single people.
3. Driving History – Insurance providers can examine driving records up to three to five years back. This gives them a good idea if you are eligible to receive discounts like Good Driver Discounts, or if you will need to be tagged as “High-Risk” with a corresponding higher rate.
4. Insurance Claims History – Similar to your driving record, the insurance provider will also look into how many times you’ve filed a claim and how many were approved. Those who tend to file claims frequently may get higher premiums.
Tags: auto insurance policy
Car Insurance Policy New York NY
Reader’s Question:
I have been living here in New York for quite long and what bothers me is the law in this state which is “no-fault system”. Is there anything hidden in this law of New York? Does it have something to do with the minimum requirement of the state of New York?
Tracy
Islip, NY
It is true that every law, policy or system has a loophole including the “NO Fault System” here in New York. “No Fault System” means that there is no one to be blamed if a car accident happens. Both drivers in the accident have to divide both expenses.
The loophole of the “No fault System” requires all New York drivers to purchase a Liability Policy and a Personal Injury Protection which will compensate all the damages and medical expenses that have been incurred by the accident. Another thing that New York requires to all the drivers to have an uninsured/underinsured motorist insurance that will pay for the damaged car or injured person that was incurred by a person who doesn’t have any insurance or a person who doesn’t cover all the damages acquired, this policy also covers those victims of hit and run. The no fault system is actually good for those citizens who have their own car insurances and covers everything in any situation they get themselves into. If you learn everything your state has to offer then you don’t have any problem for you will know the consequences and benefits if ever you have made your choice on what policy you would take.
Tags: auto insurance, car insurance policy
Parent Car Insurance New York NY
Reader’s Question:
I’m still living with my parents here in New York but I’m buying my own car soon, do you think I can still stay under my parent’s car insurance policy?
Caitlin
Albany, NY
Good question, do you think you can afford insurance on your own? Can your parent’s afford the additional premiums on their existing car insurance policy once you get your own vehicle? Or will you be helping out in paying the car insurance bills as well? These are just some of the many questions you need to ask yourself to know if staying under your parent’s car insurance policy there in New York will be a good decision. Here’s some tips:
Stay under your parent’s auto insurance policy if…
1. They are willing to still keep you under their existing policy, in this case you should be added as a named driver.
2. Their auto insurance company provides additional discounts for expanding coverage to include you and your vehicle
3. If you will be allowed to get under your parent’s insurance (by the insurance company) even if the vehicle is under your name, you will have to consult the auto insurance provider or New York State’s Department of Motor Vehicle for this.
4. If after shopping around and comparing rates, you determine that it is beyond your budget to pay for car insurance on your own or will put a great strain to your finances.
You may consider getting coverage on your own if…
1. You are responsible enough to avoid getting involved in car crashes or getting traffic tickets and would want to start building a good driving history.
2. Want your payments on the insurance to reflect towards your credit history.
Tags: auto insurance, auto insurance claims, auto insurance online, car insurance
Non-Owners Auto Coverage Manhattan New York NY
Reader’s Question:
I moved to Manhattan, New York and intend to use the public transport to go to work everyday but I would be using someone else’s car during the weekend. The owner’s don’t have insurance on it yet, so am I required to get insurance when I use it?
Rudolph
Manhattan, NY
It would be highly recommended to get a Non-owners Auto Insurance Policy when you will be using someone else’s car in a regular basis. Not only is is a very responsible way of showing appreciation to the person or people who allowed you to borrow their vehicle, both of you would feel much safer that in the event of a car accident you are capable enough of taking car of any ensuing damages or injuries.
Once you find a suitable car insurance provider there in Manhattan, New York your Non-owners Insurance Policy would typically include coverage for liability due to injuries or property damages, medical and hospitalization payments, and uninsured or underinsured motorists’ coverage. A Non-car insurance policy, however, might not include comprehensive coverage, towing and rental re-imbursement as well as collision insurance. So although those you may have injured in a car accident may be provided re-imbursement by your Non owners insurance, the same policy might not give you coverage for any injuries, medical expenses you might have obtained.
Now you may be wondering if it would be better to just get rental car insurance if the car you will be using is a rental. This depends how long you’ll be using the rental. A decent rental auto insurance may cost anywhere from $10 to $25 a day, that’s on top of the actual daily fee for the vehicle itself. So in the long run, it is more beneficial for you to get your own car insurance policy.
Tags: auto insurance, auto insurance premium, car insurance discounts, car insurance quotes
Buy Car Insurance Online Babylon New York NY
Reader’s Question:
I usually do my transactions online because I find it more convenient to use. I also plan to use the Internet in exploring my options for car insurance here in Babylon, New York. What are the things that I should take note in finding an insurance company online and what other option do I have aside from this?
Nima
Babylon, NY
In your search for the best car insurance provider online, keep a record of things in another computer file or jot them down on a piece of paper split up into groups. By doing this, it prevent you from doing the same thing all over again. If you go to various insurance websites, you must keep details of a number of items such as:
–Yearly and monthly premiums for the various kinds of insurance coverage and be certain that the coverage limits are identical.
–A toll free phone number to get in touch with them for queries that you could not find answers on their website.
–Their payment procedure – when it is due and the consequences if you have a late payment.
–Various discounts that they offer that you may be eligible for.
If you have already explored various insurance websites, the other option that you have to find a company for your car insurance in Babylon, New York is to ring them up. For those insurance providers that you were not able to get quotes from, you must get in touch with them through phone. Now and then, getting a quote by speaking with them through phone could be quicker that going online.
Tags: auto insurance company, car insurance, online car insurance
Auto Insurance Coverage Amherst New York NY
Reader’s Question:
I thought getting car insurance for my first car here in Amherst, New York will be easy! I’m getting confused with collision and comprehensive insurances and some other kinds of coverage a couple of car insurance agents I talked to tried to sell me, can someone explain more about this? Thanks!
Henry
Amherst, NY
Hello Henry, a lot of people out there would agree with you. Sometimes choosing the right insurance coverage can be confusing and downright frustrating. It gets worse if you’re expecting an informative consultation with an insurance agent instead you are given confusing, jargon-filled explanations of complex insurance packages by a sales persons, expecting you to know what they’re talking about and leaving you feeling like a complete idiot for not knowing so.
We always believe that an educated consumer is an empowered consumer so let us give you an idea of some car insurance coverage basics:
Liability Insurance Coverage
Undoubtedly one of the most important insurance terms you should get to know. This one can potentially save you from losing your shirt (and your sanity) if ever you get involved in a car crash. Liability insurance covers for any liability and monetary compensation you are obligated to pay anyone you may have injured in a car accident. Each state has a minimum required coverage amount and for Amherst, New York, it is computed as 25/50/10. ($25,000 for each injured person per accident for a total of $50,000 for all inured individuals per accident and $10,000 for property damages). It is recommended that you get a higher level of coverage that you can afford since you can be sued for much more than the minimum state requirements can cover for.
You may also want to get Personal Injury Protection which pays for treatment of your injuries, regardless as to which party is at fault.
Tags: auto insurance, auto warranty, auto warranty deals, car insurance
Auto Insurance Rates Greenburgh New York NY
Reader’s Question:
I heard from someone here in Greenburgh, New York that it’s not true that the car color is one of the factors to determine the car insurance rates. But how do people get the idea that car color can impact the premiums we pay for our insurance?
Otis
Greenburgh, NY
The car color doesn’t really matter in determining your auto insurance rates in Greenburgh, New York. There is no proof that drivers on a red car in fact get more traffic violations than those drivers who are on a white car. No particular color has been proven to intensify the chance of having a vehicular accident. As a rule, driving within the speed limit would always be a great idea, regardless of the color of the vehicle you drive. Even if you have a red car but you drive it at the limit, you have lesser chances of getting a traffic violation.
The idea that car color can impact the premiums for auto insurance sparkled on an urban legend that red cars get more tickets and thus, get higher premiums. There is no one who could confirm this statistically and the police and insurers even say that there is no connection between red cars and having more tickets and crashes. Also, on an examination conducted by a certain publication, red, so they say, means that you have a “need for speed,” and this presumption add to the idea that red cars get more moving violations.
Tags: auto insurance rates, car, car insurance
Calculating Car Insurance Buffalo New York NY
Reader’s Question:
Do insurance companies run credit reports to determine my rates? I have excellent credit history here in Bufallo, New York but I still end up with higher insurance rates!
Marcia
Buffalo, NY
Hi Marcia, it is possible for an insurance company to run your credit history as part of the process to determine your rates. However, these are not the only factors that are used to calculate your insurance premiums. Here are some other factor that can affect the outcome of your car insurance premiums there in Buffalo, New York.
Factors that are uncontrollable:
Your age is one thing that affects your car insurance premiums. Teenage drivers are statistically shown to get involved in more car crashes and traffic violations. Senior citizens, due to slower reflexes, degenerating eyesights and the other effects of aging, are also considered riskier drivers.
Factors you can control:
Your driving history has the biggest impact on your insurance rates. Previous traffic violations, tickets and Driving Under the Influence (DUI) arrests are just a slew of the things that can cause you to pay high insurance rates. Your type of vehicle is also a factor, a second-hand, older car will cost less to ensure than a brand-new sports car. Where you live, the theft and crime rates and accident rates will also be factored in. Some will even put under consideration the kind of job you have, if you’re on the road often or on a desk all day which affects the likelihood of you filing for a claim.
Tags: car insurance
First Time Driver Insurance Clarkstown New York NY
Reader’s Question:
This would be the first time that I would have to purchase my own car insurance here in Clarkstown, New York. What are the things that I need to know before I go ahead and purchase my car insurance?
Terrell
Clarkstown, NY
It’s so important that all is well before you go ahead and purchase your first car insurance in Clarkstown, New York. You need to first figure out what type of insurance coverage you need so you have to understand what each type of coverage does. Then aside from that, you need to see also what you could get discounts for. There are some things you might already possess that could save you money. Some of these are airbags, antitheft devices, antilock brakes, clean driving history, multiple cars under one policy, etc.
You may also inquire the auto insurance provider if they increase the insurance rates in case you file a claim and under which occurrences they could drop your policy. Study well all of your potential insurance providers and find out if they are reputable. To do this, you could speak with other customers as well as repair shops who may have already worked with the insurance company. You can also research about the company’s rating through the state’s department of insurance or through the Better Business Bureau. If you have already shopped around and have chosen the best car insurance for your needs, read the policy carefully before you sign it. Be certain that it includes the coverage you requested and there are no surprise clauses.
Tags: auto insurance rates, car insurance
Occupation Car Insurance Babylon New York NY
Reader’s Question
I’ve heard that car insurance providers here in Babylon, New York are giving discounts based on your occupation. I’ve never heard about this, can you tell me more?
Joselito
Babylon, NY
There are some auto insurance providers that have recently offered additional discounts on car insurance premiums based on your profession. You have to understand that insurance companies are all about statistics. Just as age, gender and location are major indicators of trends influencing car accidents, so are the type of people and their jobs. Teachers and Engineers, for example are considered low-risk drivers and tend to get into fewer car accidents. This could be attributed to the meticulous nature of their work, certainly not all engineers or teachers are necessarily better drivers but the data and trends over the years speak for themselves.
If you have professional affiliations or lets say you’re member of an auto or exclusive club you may be qualified for discounts to a lot of services which may include your auto insurance premiums. If you would want to leverage your profession then you would want to get in touch with the human resources department of your company there in Babylon, New York to see what kinds of employee discounts or affiliations your employer has in place for car insurance. You may also wish to speak with your car insurance agent to see if they can provide you discounts if you are considered a low-risk driver by profession. Also shop around, you may see better options especially on the Internet for your car insurance needs.
Tags: auto insurance, auto warranty, car insurance, car insurance rate