Monthly Archives: January 2009

Minnesota Car Insurance Information

Posted by author on January 15, 2009 Comments Off

Reader’s Question:

I’m about to buy my first car here in Minnesota. What do I need to know about car insurance in this state.

Jay

Rochester, MN

Minnesota abides by the No-fault Act. What this essentially means is that in the unhappy event of an accident, all insured motorists involved will have their medical expenses shouldered by their own insurance policies regardless of who caused the accident. This law makes it easier and more timely for motorists to receive benefits after an accident as opposed to going through the various procedures of litigation trying to determine who was at fault. Because of this law, Minnesota therefore makes it mandatory for all its resident motorists to obtain Personal Injury Protection coverage. This type of insurance is also known as ‘no-fault’ insurance.

After you buy your first car, you are going to have to register it. To register it you are going to have to purchase car insurance. The Department of Motor Vehicles is going to ask for the name of your insurance company as well as your policy number. This is how they know if you’re adequately insured. Before purchasing car insurance you probably want to gather some cheap car insurance quotes so you can make a better buying decision. Cheap car insurance quotes are readily obtainable from a car insurance agent who represents multiple car insurance carriers. However a faster way to get cheap car insurance quotes is to search through the Internet. Try to visit as many legitimate and secure car insurance websites as possible. This way you’ll see all your options quicker.

Once all that is done, make sure you have either of copy of your policy or an insurance identification card with you or in your car at all times. Minnesota requires that all motorists always carry proof of insurance.

How To Lower New York Car Insurance Premium

Posted by author on January 15, 2009 Comments Off

Reader’s Question:

My New York car insurance is quite expensive. How can I lower my costs and in case I want to change to a different provider, where can I get a car insurance quote?

Val

New York, NY

A motorist in New York spends a lot on car insurance every year. With this much expense on insurance coverage, a lot of motorists are looking for effective ways to lower their annual New York auto insurance payments. The most effective way is to maintain a clean and traffic violation-free motor vehicle record (MVR) as car insurance companies check up on a prospective client’s driving record, any traffic infraction could mean a much higher insurance premiums. This is also the case for policy renewals. Since car insurance providers review a policyholder’s MVR, even a traffic citation that earned two points could significantly increase the premium of the renewed policy.

The second most effective way of lowering your current New York car insurance premium is by making sure that you do not get into any car crash so as to avoid filing any car insurance benefit claims. Policyholders who have not filed any insurance claims are considered very positive risks by their auto insurance providers. Having no accidents automatically mean no pay outs on the part of the insurer hence the lower premium rates. The third most effective way to achieve a significant cut on your New York car insurance rates is by getting higher deductibles. This is the amount a policyholder pays out of his or her pocket at any single car crash even before the insurance coverage kicks in. The fourth most effective way to guarantee that what you are paying for your insurance is the most reasonable price in the market is by acquiring a New York car insurance quote from every car insurance company in your area.