Auto Insurance Topics

If you really want to have the lowest auto insurance premiums possible you've got to not only shop around, but you've also got to have the right vehicle. Insure.com has compiled a list of the least expensive vehicles to insure in 2013 with the help of Quadrant Information Services and the list might surprise you.

The term ‘accident forgiveness’ is something that is pretty appealing to a lot of drivers and policy holders. However, as some experts within the industry point out, using the term ‘accident forgiveness’ is somewhat of a marketing ploy by insurance companies. Although the marketing around accident forgiveness policies makes them sound simple, a closer look into the insurance industry shows that there may be a lot of strings attached to one of these offers. Here are some of the major elements of an accident forgiveness offer that auto insurance shoppers should look closely at.

There is perhaps no greater influence on car insurance quotes than the deductible you choose for comprehensive and collision coverage for your vehicle. The lowest most companies will offer is $250 and that can range up to $1,000 or more. Similar to high-deductible health insurance plans, you need to weigh a number of factors, ranging from your own cashflow to the value of your vehicle to the replacement costs. Yet many people seem to not realize that doing some math on your own can pay big dividends down the line.

When people are looking for car insurance quotes, they are often comparing companies based on the premiums for comprehensive and collision deductibles as well as personal injury and property protections. While the actuaries who determine these rates may differ from company to company, insurance shoppers should know that there are a variety of discounts that are sometimes available that could save hundreds of dollars.