Archive for the ‘auto’ Tag

Best ways to prevent a big increase in Auto Insurance rates   Leave a comment

What is the one thing that consumers do that causes auto insurance prices to go WAY up? You may be surprised to know that it is NOT necessarily a ticket or violation but rather a lapse in coverage. That’s right if you allow your policy to expire and have a gap between policies or you simple fail to pay your insurance bill this can cause an increase as high as 50%. Why? It is the law and you are required to have coverage in order to maintain a license tag in Florida. Just as the State considers it unacceptable and irresponsible to drive without insurance so do insurance companies.

So what’s the best way to prevent a lapse? That is simple, most companies offer an EFT payment option which actually often gives you a discount as well as a much lower down payment in exchange for electronically accepting payment each month automatically from your account.

Another tip for BIG savings, Pay your policy in full instead of making monthly payments. This is not always an option when cash flow is limited and that is why payments plans exist but it frequently can be 20% savings to pay in full for 6 month or a year. The Department of Insurance allows companies to submit rate changes twice a year in most cases so if you get a 12 month policy instead of 6 months you may push that rate increase off for another 6 months.

If you think your insurance rates are too high give us a call or check out our website to request an instant quote online. Have your policy and vehicle information handy for the most accurate quote.get-quote-button

”Our blogs are for general education and information only and may not represent your unique needs. Coverage will vary. Please contact your agent to verify your specific policy terms and conditions.”

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Posted February 5, 2015 by leecountyinsurance in Automobile (Personal)

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Auto Insurance Coverage for Teen Drivers with Divorced Parents   Leave a comment

When a teenager receives her driver’s license, she often will be added to her parent’s auto insurance policy. But if her parents are divorced, teen car insurance could become a bit confusing.

A father teaching his teenage daughter how to drive.

 

Insurance companies and states have different requirements regarding coverage of additional drivers on an insurance policy, but here are some tips to review if you have a teenage driver with divorced parents:

If your teen has access to driving vehicles at both parents’ houses, then both parents might need to add him or her to their individual policies. Some companies may require that the parent with custody add the teenage driver to their policy. Divorced parents may want to contact their insurance companies to find out what is required in their situation.

Every state requires licensed drivers to have auto insurance coverage, which includes teen drivers, even those with a permit, when driving. If you have a teenager in your household who may be on your former spouse’s insurance, it may be a good idea to find out if your insurance would cover your teen while driving your car.

Safe driving techniques can help all family members save money on car insurance. Teaming up with your former spouse to encourage, educate and even monitor your teen might help to make him or her a better driver. Car crashes are the No. 1 cause of death for teenagers, according to the Centers for Disease Control and Prevention.

 

No matter which parent carries their teenager’s insurance, both can set rules for the use of the car. Here are some suggestions:

  • Prohibit cell use and texting when in the car.
  • Limit the number of passengers in the car when your teen is driving.
  • Establish a boundary of where your daughter can take the car.
  • Encourage your son to call you at any time for a ride if he feels he, or another driver, isn’t fit to drive—no matter what the situation is.
  • Require everyone—drivers and passengers—to wear seat belts.

Having a teenage driver in the family is always an exciting time for everyone. If you have a change in your family situation, contact your insurance agent to determine if any changes are needed for your policy.

“Our blogs are for general education and information only and may not represent your unique needs. Coverages will vary. Please contact your insurance agent to verify your specific policy terms and conditions.”

Courtesy of Allstate

You’re moving out of state — do you need new car insurance?   Leave a comment

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You’re moving out of state; it’s time to pack your bags, get your affairs in order and head off for new horizons. An additional consideration, one that sometimes isn’t top-of-mind, is car insurance. Specifically: do you need to get new car insurance when moving to a new state?

The answer is almost always “yes,” but with a major caveat.

When you move to a new state you usually have between 30-90 days to register your vehicle. Use those months to get your car insurance situation straightened out; do not do it before you move.

That is the major caveat: do not cancel your old car insurance policy before setting up your new one. Do not cancel your policy in one state and then move to another state before getting a new one. You should never drive — especially across state lines — without a car insurance policy. It is illegal, and potentially very costly if you get into an accident.

Indeed, your policy may change after you relocate even if you stay with the same provider. Your new state may have different laws and policies than your old one does, thereby adding or subtracting a few dollars from your monthly bill. You might also be commuting more (or less), which would also affect your premium. In your move you may have also acquired some new assets, including a new vehicle. Additionally, your car insurance provider might not be able to sell insurance in your new state — so it’s definitely best to check in.

When you register your vehicle in the new state must show proof of insurance. And the states must match; if you’ve moved to Florida, when you register your vehicle there you must have valid car insurance in Florida as well. Do not go to register your car without first getting your car insurance set after the move.

“Our blogs are for general education and information only and may not represent your unique needs. Coverages will vary. Please contact your insurance agent to verify your specific policy terms and conditions.”