Auto insurance – add-ons that you may consider

All states have a minimum liability cover that motorists are required to carry. However, your insurance agent is also likely to offer you a number of add-ons or ancillary coverage which may be optional. While some of them are certainly worth the extra costs there are a number of them that are simply not worth it. It is better to investigate these 5 add-ons if you decide to purchase insurance and it includes: -          Gap Insurance – This insurance will offer protection if in case, you owe more money on your car than what the insurer will pay you in (more) July 16, 2011

  • Rental car insurance covered by credit cards

    by Richard Burton

    In the auto insurance sector the rental car insurance is also better known as loss damage waiver or collision insurance but it has been derided by experts in this field as the cash cow for car rental companies. Rental cars need not be insured unlike the primary vehicles. There are some auto insurance policies that can provide partial coverage to rental cars. There are a number of exclusions and the damage waivers are not entirely the comprehensive cover that one can expect as it is full of exemptions such as exclusions for property damage and higher deductibles. The credit card (more) July 15, 2011

  • Most expensive place to buy auto insurance in US is New York

    by Richard Burton

    As per recent studies conducted by online auto insurance quote it has been found that the New York City Metropolitan area’s auto insurance rates are the highest in the US. According to the study New York is the most expensive state to purchase auto insurance in 2011. The Tri-State members that are New York, Connecticut, and New Jersey have the highest average insurance cost throughout the nation. There are a number of contributing factors such as high crime rates, high population density, as well as poor traffic conditions. These have caused the auto insurance rates to shoot up. New Jersey (more) July 8, 2011

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