Comments on: Which is the best car insurance coverage for an affordable price? http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html Thu, 02 Feb 2012 00:01:28 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: hierarchy http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4645 hierarchy Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4645 The bank will require full coverage. And a two year old car is still farily new. I think it's reasonable to maintain full coverage on it for the first five years or so. After that, collision and liability insurance should be enough. As to how much you're paying, I don't want to sound like a commercial, but a few months ago I researched car insurance rates from several companies. I was actually really dissatisfied with the results, or lack thereof, I got from Allstate while doing my research. I was insured by them many years ago, but I don't think I would go with them again. But getting back to my point, Progressive really did provide me with the easiest comparison shopping. Just like they say in their commercial, they'll find you rates from more than one company and show which is best for you. For me, it was Geico. So check out Progressive's site and you'll end up with the best deal you can, I'm sure. I hope this helps!! The bank will require full coverage. And a two year old car is still farily new. I think it’s reasonable to maintain full coverage on it for the first five years or so. After that, collision and liability insurance should be enough.

As to how much you’re paying, I don’t want to sound like a commercial, but a few months ago I researched car insurance rates from several companies. I was actually really dissatisfied with the results, or lack thereof, I got from Allstate while doing my research. I was insured by them many years ago, but I don’t think I would go with them again. But getting back to my point, Progressive really did provide me with the easiest comparison shopping. Just like they say in their commercial, they’ll find you rates from more than one company and show which is best for you. For me, it was Geico. So check out Progressive’s site and you’ll end up with the best deal you can, I’m sure.

I hope this helps!!

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]]> By: WindowWizard http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4646 WindowWizard Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4646 Progressive Progressive

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]]> By: Shiva http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4647 Shiva Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4647 Google it.. Google it..

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]]> By: ranger_co_1_75 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4648 ranger_co_1_75 Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4648 What is the value of the 6 yr. old 2,004 Honda? Does the annual insurance premium cost and the deductible equal or exceed what it would cost to buy another 2004 Honda to replace yours if it got totaled? If so, you would be better off just carrying liability to cover the other guy on the 2004, and just use the money you would have spent on the insurance premiums to buy another 2004 if yours get totaled. The 2006 is only 4 yrs. old, it may be getting close, but not there yet. I would continue to carry full coverage on it. What is the value of the 6 yr. old 2,004 Honda? Does the annual insurance premium cost and the deductible equal or exceed what it would cost to buy another 2004 Honda to replace yours if it got totaled?

If so, you would be better off just carrying liability to cover the other guy on the 2004, and just use the money you would have spent on the insurance premiums to buy another 2004 if yours get totaled.

The 2006 is only 4 yrs. old, it may be getting close, but not there yet. I would continue to carry full coverage on it.

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]]> By: car253 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4649 car253 Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4649 It depends on how much the cars are worth to carry full coverage on the cars. And, if you have the money to replace it if something happens to it. It depends on how much the cars are worth to carry full coverage on the cars. And, if you have the money to replace it if something happens to it.

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]]> By: stephens http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html/comment-page-1#comment-4650 stephens Wed, 24 Mar 2010 19:56:37 +0000 http://autocarloansnow.com/which-is-the-best-car-insurance-coverage-for-an-affordable-price.html#comment-4650 You may be paying too much, but you may require the Comprehensive (Comp). Is either car financed? If so you need Comp, to pay off the lien holder. If you have an accident that totals your car, most Comp plans will pay only the "market value" of the car, which could be less than you owe. This applies whether you're at fault or not. There is "gap insurance" available for this case, and it sounds like your gold plan goes a little further. I'd suggest getting quotes for insurance every year or so, and evaluating whether you're paying too much. Be aware of the types and amounts of coverage you'll need, so you don't get sold a "Rolls Royce" policy, when you just need a "Honda" version. There are online sites which will get you multiple quotes, or you can check with an independent insurance agent. Often companies, such as Allstate, will give significant discounts if you have multiple lines with them, e.g. Homeowners + Auto. This can save you some money, although you may lose some flexibility. You may be paying too much, but you may require the Comprehensive (Comp).

Is either car financed? If so you need Comp, to pay off the lien holder.

If you have an accident that totals your car, most Comp plans will pay only the "market value" of the car, which could be less than you owe. This applies whether you’re at fault or not. There is "gap insurance" available for this case, and it sounds like your gold plan goes a little further.

I’d suggest getting quotes for insurance every year or so, and evaluating whether you’re paying too much. Be aware of the types and amounts of coverage you’ll need, so you don’t get sold a "Rolls Royce" policy, when you just need a "Honda" version. There are online sites which will get you multiple quotes, or you can check with an independent insurance agent.

Often companies, such as Allstate, will give significant discounts if you have multiple lines with them, e.g. Homeowners + Auto. This can save you some money, although you may lose some flexibility.

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