Posts Tagged ‘auto insurance’
Sunday, June 13th, 2010
Many people seem to have the same question regarding their automotive insurance and going on vacation. Will your automotive insurance cover your rental car? You want to make sure you are covered and know how to answer when the rental car representative asked if you want to buy the insurance for the rental car.
The only way to make sure that you are covered under your regular automotive insurance is to pull out your papers and look. It is always recommended to double check with your agent by giving them a call. Usually, there are two instances where you will be covered by your car insurance for a rental car.
Automotive Insurance Policy: Many insurance agencies will grant this coverage to their rental cars as well, under the heading of it being considering taking a vacation, so you need to double check with you insurance agency.
If you are leaving for a business trip, your employer should have insurance extended to you for the trip. They are responsible for this, not your private auto insurance. Automotive Insurance Through Credit Card Company: Many credit card companies will provide you protection on cars rented on their credit card.
While the coverage amounts can vary depending on which credit card company it is, you should always check with the conditions of the card to make sure you will be covered enough or you should add on rental car insurance when you go to rent it.
You don’t want to be held having to pay enormous amounts of money out of your pocket. If you decide that having extra coverage will better your situation, there are many common insurance options available to you and are given usually at all rental companies.
Collision Damage Waiver & Loss Damage Waiver: This pays if you have lost your rental car from a theft or it is has been vandalized or damaged in an accident. This is also commonly referred to as CDW and LDW.
Personal Accident Insurance: This pays if you have medical bills from a car accident that has taken place in your rental car. This is also known as PAI.
Supplemental Liability Insurance: This pays you up to one million dollars in extended liability coverage. This is also known as SLI.
Personal Effects Coverage: This pays you for any of your personal possessions that are stolen from inside your rental car. This is also referred to as PEC.
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Thursday, May 27th, 2010
The majority of people nowadays budget their time down to the exact second of each hour and do not leave much time to spare. As a result, they will often times not have any extra moments to waste when it comes to being able to shop for a necessity such as auto insurance. However, these same individuals could get a variety of insurance rates all at one time. In order to do this, the individual could simply do an on-line search of insurance quotes, which would allow them to compare insurance policies as well as the rates and the companies themselves with one another to help the individual make a much better educated decision on the type of policy they really need. Regardless, of the type of insurance policy the individual is looking purchasing whether it is life insurance or car insurance, individuals need to compare quotes within their state such as the insurance quotes to stay on top of any current changes that may occur. My checking the insurance quotes on-line, individuals are able to save time by not having to the comfort of their own computers. In fact, there is a variety of websites now available that offer insurance quotes and insurance rates. The only thing an individual truly has to do is search for insurance companies who are within their immediate area. Individuals will want to select well-known companies that they will be able to put their trust and faith in when it comes to protecting them, their car, and their family. When getting a insurance quote on-line individuals still need to be careful as well as cautious. One reason is if you are searching for automobile insurance and you have a child that you will be covering who is under the age of twenty-four. Recent studies have shown, unfortunately, that this is the age group in which most accidents happen. As a result, purchasing a cheap policy from a phony company can be quite devastating if your child should end up in a wreck and your insurance turn up to be fake. http://floridainsurancequote.org It is not unusual for individuals not to realize that they actually do qualify for the cheaper premiums even with complete coverage. Oftentimes, if an individual is fortunate enough to live in a neighborhood that has a low crime rate, then there will a much less likely chance of their car being vandalized or car accidents. This is another good reason for individuals to get their insurance quotes prior to purchasing their automobile insurance. When comparing insurance quotes on-line always be sure to read the fine print carefully to be sure exactly what the policy entails. Oftentimes, individuals will be able to purchase insurance on their second car cheaper than on their first car if their driving record has been clean. Comparing insurance rates is an important step when looking for the right insurance company to select to get your coverage with. For more information visit: http://floridainsurancequote.org
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