Money Saving Auto Loan Tips?

Auto Insurance tips, news and guides

Auto Insurance tips,tricks news and guides

Free Money Saving Auto And Home Loan Tips?

Free Auto Loan Tips The following tips should help increase your chances of getting a car loan at a better rate. Tip #1 - If you just started a job (recently graduated from college) then wait 6 months to apply for your car loan. Tip #2 - If you have currently have bad credit then repair it before applying for an auto loan. Tip #3 - If you've recently moved then wait until you have lived at your new address for 6 months before applying for a loan. Tips #4 - If you have had a previous auto loan or home mortgage on your credit report then your chances for a new loan improve greatly. Tip #5 - Try and pay off all of your credit card balances or at least lower them. You may want to consider finding the best debt consolidation loans to erase all of your credit card bills. The bottom line is don't keep a high debt load or credit card balances. Tip #6 - You must have a stable job or occupation. Tip #7 - Other examples of credit extended to you should appear on your credit report. Verify this with a quick and easy online credit report. Also avoid charge off's on your credit report. Tip #8 - If you've filed bankruptcy before then you should wait 3-4 years before trying to get an auto loan.

Auto Insurance

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Auto Insurance Features

A Progressive automobile insurance policy comes with lots of extra features that don't cost you extra, including 24/7 live support, local response claims service and our unique concierge level of claims service.

Get A Car Insurance Quote — And Much More

Spending some time shopping for auto insurance can help you choose the right auto insurance for your needs. With so many auto insurance companies to choose from, our goal is to provide you with all the information you need to make the right decision. With a Progressive car insurance quote, you can get car insurance rate comparisons, money-saving tips, automatic discounts, payment plan options and more. Why not find the car insurance rate you're looking for right now?

Progressive Focuses on Your Needs

Since 1937, Progressive has provided auto insurance to customers across the country. And we don't just offer auto insurance. With Progressive, you can purchase motorcycle insurance, boat insurance, RV insurance, commercial auto insurance, homeowners insurance and more — we insure all kinds of vehicles. Today, we're one of the largest auto insurance groups in the country, and we've earned that spot through competitive insurance rates and superior service. Auto insurance and so much more. Now that's Progressive.

When Your Auto Insurance Claim is Denied

Some of the frequently noted reasons for denial are:

1.You have no insurance for the claim presented. For example, if you drive an older vehicle, you may carry only liability insurance and have no collision coverage because it is costly. A claim under your policy for damage to your vehicle will correctly be denied.
2.You do not qualify as a named insured under the policy. For example, you are a teenager and you are specifically excluded under your parents’ policy because your parents do not expect you to drive their vehicle.
3.Your coverage has lapsed because you failed to pay your premium before the end of the grace period.
4.You made an Uninsured Motorist Claim under your policy and it turns out the other party to the accident was insured.
5.The damage claimed exceeds your policy limits and the insurance company will not cover the excess.
6.You bought a new car and failed to notify the insurance company to add it to the policy within the specified time given in the policy.

If, after reading the insurance company’s reasons and reviewing your policy, you still believe coverage has been wrongfully denied, there are some steps you may take to try to remedy the situation. You have certain rights under your policy and under state law. Your insurance company has a duty to fairly and promptly settle your claim in good faith.

Rental Car Insurance

Your Own Insurance Policy and Rental Cars

You may already have coverage under your own insurance policy. Check your policy or call your insurance agent; they can quickly tell you if you have insurance to cover rental cars. You are legally required to have liability insurance, which means you are protected against damages you might cause to other cars and drivers. Your insurance may also cover the damage to the rental car. However, keep in mind that if you are renting a car significantly different from the one on which you are insured, you may run into trouble with your insurance provider. Likewise, if you rent a car that is worth significantly more than the car you currently drive, you will have a hard time extending your current policy to cover the more expensive vehicle. If your insurance covers rental cars, and the car is similar or lower in value to your own, you probably do not need to purchase the insurance from the rental company.

Rental Car Insurance and Credit Cards

Many credit card companies offer insurance on rental cars, provided you pay for the rental car on your card. Check with your credit provider to see if they offer the insurance, and what type of insurance it is. Combining this insurance with any that your car insurance provides may give you as much coverage as you want. Remember that using your credit card to pay for the rental car will lower your limit, which may be a problem if you plan on paying for the vacation with the credit card. Many rental companies will charge a deposit to your card; while the charge won’t be processed unless you damage the car, the amount will be reflected in your limit until the car is returned.

Insurance against Injury and Personal Effects

Rental car agencies may also offer insurance against injury to yourself and your passengers. However, if you have comprehensive health insurance, this is usually an unnecessary charge. If, on the other hand, you don’t have health insurance, or you have a high deductible, you may want to go ahead and pay the few extra dollars a day to be insured through the rental agency.

Most agencies also offer insurance against damage to your luggage and personal property. It is up to you whether or not to purchase this; you may already be covered under a homeowner’s insurance policy.

Motorcycle Insurance Basics

Rates vary greatly among companies, and coverage varies by law from state to state. Basic options in a policy may include the following:

Medical pays a portion of costs for injuries.Liability covers costs for damages and injuries to others, but not the policy owner.Collision is the portion that pays for damage to your motorcycle.Comprehensive coverage helps recoup losses from vandalism, theft, or natural occurrences as well as damage from an accident.Uninsured and underinsured motorist coverage pays for personal injury and property damage if the person at fault does not have adequate insurance.Roadside assistance covers towing arrangements and certain repairs.

Motorcycle Liability Coverage

Liability is the portion of a motorcycle insurance policy that most states regulate by law. The rates can be low, but insurance companies may require that coverage be high enough to include what you owe on the motorcycle if it is financed. Liability coverage is also variable. Most state regulations begin at the low end. You may choose to raise this protection based on your budget—or what you are at risk to lose in the event of a lawsuit.

Determining Factors in the Cost of a Policy

1.Annual mileage expected
2.Brand and whether it is classified as a "sport" bike
3.Driving record and age
4.Region in which you live
5.Type of riding (i.e., leisure, sport, everyday transportation).

Motorcycle Insurance Shopping Tips

1.When shopping for a policy, be sure that medical coverage is adequate. Lower policy rates sometimes skimp on this very important segment.
2.Be aware of replacement costs included in any policy. These might be stated as depreciated value rather than full replacement value. The former will pay only the cost of your bike at the time of the accident, if it is totaled. The latter offers coverage for the price of a new motorcycle, but at a higher premium.
3.Under the liability portion of a policy, find out if passengers are covered. This inclusion may not be an option in all states or with all insurance companies.