How to Choose Between Options for Mandatory Auto Insurance Protection

Choosing a type of car insurance for the first time is much easier than picking an insurance carrier. Affordability is a major factor to consider, because you will need the money to pay on time every month to avoid lapses in coverage. Large selections of insurance carriers are available, and this level of competition can help in finding a great deal.

The cost of insurance is most affected by the type chosen, and there are only a few to consider. Different companies will vary in their definitions of types of coverage, and states will also vary in their guidelines on coverage policies and minimum payouts in case of accidents. The following rules will apply across states and insurance companies. (more…)

The Ups and Downs of Buying Rental Car Insurance

When you last rented a car, were you pressured into buying additional insurance? Did you even know whether buying the extra coverage was a good idea? In many cases, the insurance options offered by rental car companies are completely unnecessary, and you may already be covered under your personal auto insurance plan. The reason that rental companies offer these types of insurance plans is that they’re very profitable. You can go from paying $15 per day to $35 per day with additional insurance. In this article, you’ll learn how to make an educated decision next time you need a rental car. (more…)