Tips For How The 3 Standard Types Of Car Insurance Work

By Charles Wells

So how does car insurance specifically work? Well first, you need to figure out the fundamental types of car insurance and what they cover in relation to specific types of accident. There is liability coverage, personal property coverage, and personal injury coverage. Every insurance has a different coverage and specializes in different areas of concern. Here is how each car insurance policies work.

Liability car insurance is also known as third party liability. This type only shoulders damage expenses of the other person and his property when an accident transpires, while you dont get any. It also accounts any medical expenses that concern the third party. Simply put, liability only shoulders damage costs of the other party and their property. It will not pay you for personal damages.

Liability car insurance saves you the most money among car insurances. This type of car insurance is recommended for those who are short in cash and possess outmoded cars. Many states permit you to acquire liability insurance only, but some states oblige you to be 100 percent covered. Please verify with your state for more details.

Property car insurance coverage is also referred to as comprehensive and collision. Comprehensive coverage protects you from damage that may occur from something other than an accident, such as damage from hail, theft, and other factors you cannot control. Collision coverage is just was it sounds like. It protect you from paying for damages from an accident with another vehicle or while driving your vehicle.

Personal Injury car insurance saves you from any medical expenses or damage costs due to an accident. Personal injury insurance will cover expenses such as hospital, medical and funeral costs, along with lost income due to the accident. This is the most vital type of insurance aside from liability, because you are relieved from worries of medical bills after a distressing accident.

Now that you are informed of the basic types of car insurance, you can get a fairly good idea how a car insurance works. It serves as security for you, the third party, and your vehicle from accidents and other circumstances that may arise. Getting a car insurance will help you relax if an unexpected situation shows up. It will come handy for finance related accidents.

Hopefully this short guide to the three basic types of car insurance enables you to better understand how car insurance works, and why you need it. Again, liability coverage is the minimal amount of car insurance you need to carry in most states, and it's the least expensive of the three. In order to be fully protected from any situation that can occur, you will need all three types in your car insurance policy. - 21396

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Your next step, to answer the question how does car insurance work head over to the how car insurance works website for more tips on car insurance and how to get the best rates.

Cash for Clunkers Program 2009

By Skip Butner

Cash for clunkers program 2009 has gotten off to a rocky start. Since the program began it is run into many problems including running out of funds. Hopefully, the politicians will see fit to add more funds for the program because of its wild popularity.

There have been some hiccups with the program so far. Many dealers have complained that the government has not gotten back to them in a timely manner which just holds up the delivery of their customer's automobile.

The maximum rebate program is $4500 but your car can be no older than 25 years old and hasn't gotten 18 miles per gallon or less. It will have to be registered and insured for the past year. You will also receive the scrap value for your car since it has to be taken off the road and measures taken to ensure that it never runs again.

You may see more and more advertisements to sell new cars as time goes on and the program's popularity gets even stronger. These dealerships will be happy to apply the $4500 towards the purchase of a new car and handle all the paperwork at the same time. Are you getting a good deal? In my experience car salesman like to play with numbers to make you think you're getting a better deal than you actually are.

The question that you need to ask yourself before you participate in the program is if you need a new car, or you just simply being hypnotized by the number of ads on TV because of the popularity of the program.

Remember, that when you buy a new car you are in fact going into debt by several thousand dollars and for several years at a time. This may not be a great decision considering the economy is fragile and unemployment rate, the real unemployment rate, is well over 10%. Exercise caution and you will see that it may be a good idea to keep your old car or buy a used car that's older and forgo the rebate. - 21396

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3 Reasons To Avoid The Clunkers For Cash Program. The Clunkers For Cash Program may not be your wisest choice. A Must Read

Useful Tips in Finding A Used Hybrid Car For Sale

By Anton Rowd

Searching for used hybrid cars for sale online is easy since it has been around from 2001. What you may find difficult is looking for the right used car dealers online.

Searching

Most dealers of used hybrid cars will likely be found on the internet so it's probably the best place to check out first. It's the best place to search and research on any information regarding hybrid cars, old and new. Another great thing about looking over the internet for a used hybrid car for sale is that you can search for them by brand. This really stretches your options quite a bit and you will find yourself finding even better bargains than if you were looking at a brick and mortar dealership.

Still, the advantage of actually heading down to a local dealership to look for a used hybrid vehicle is that when you do find one, you can take it out for a spin or actually get a feel for it by sitting behind the wheel. A physical examination of a product really does beat just imagining what it might be like.

Knowing your parts

The two main bases for used product is on how long it has been previously used or owned and on the extent of possible damage on the product by its previous owner. With hybrid cars, this also holds true. Not only will the car already have some substantial mileage on it, some of its parts may already have been damaged, greatly or not. The only way to avoid this is to make sure that you have a keen understanding of the technology behind hybrid cars and also do your own research on some of the parts.

Usually, used hybrid cars are disposed of by previous owners because it may be an old model and they're planning to get a new one or because it is already damaged. It's best that you are ready for any of the two situations.

Prices

Used hybrid cars will cost more than any other ordinary car sold at a used car dealership. Since the oldest of hybrid cars is only about 6 years old, the price of a used hybrid car will probably be as low as $10,000. The reason for this is that a hybrid car's technology does not degrade as fast as a usual car.

Since it is so energy efficient and does not use too much fuel, the parts can still be in a pristine condition even if the car is used. It is this technology that keeps prices as high as they are even for used hybrid cars.

The major advantage of getting a used hybrid car is that you can get it at a lower price compared to brand news one, while still enjoying its technology. Brand new hybrids can average about $20,000 so that spells out huge savings for you if you want to try out a hybrid car. However, some of things you will be missing out on by purchasing a used hybrid include tax breaks and a few warranties on parts and services. - 21396

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Planning about buying a 2009 hybrid car? Learn about the best used hybrid car for sale deals online!

How to find out if a Vehicle has been wrecked

By Rex Curtis Bush, Attorney at Law, Doctor of Jurisprudence

While you can save tons of money purchasing a used car, it's still a scary proposition. Every year we hear stories about people purchasing used cars that have actually been in major collisions. To be honest, it's easy for auto rebuilders to fix these vehicles up and put them back into the circulation. Unfortunately, we're the ones that have to deal with the long term issues.

If you want to look at it on a financial standpoint, the cost to fix it is greater than its value. If this happens then the insurance company will consider it a total loss. If this happens to you, the amount paid will be equal to the value of the car before the accident. Once this transaction takes place, the car is sold at a salvage auction. Then again, you can keep the totaled vehicle. Whatever the case may be, these get fixed, and then are sold for full market value.

Even if a car looks new and well kept, you might be surprised to learn that it may have sustained major damage. The title to a vehicle will not always reflect this fact. Here are some things that you can do to keep yourself from being taken for a ride when it comes to buying a used car:

Read over the Title- While you won't find too much information regarding the history from a title, there are words that can give you an indication. For instance, "scrap," "parts only," "unsalvageable," and "cannot be rebuilt" are all red flags.

In order to do this simple check, we recommend using the National Motor Vehicle Title Information System (NMVTIS). You'll be able to enter a simple VIN number and get all kinds of helpful information. Whether it's the odometer reading, if it's been reported stolen, or if it was considered a total loss you're going to know. In order to do this you can visit the NMVTIS at nmvtis.gov.

2. Have the vehicle inspected by a professional mechanic. Make sure to choose someone with a background in collision repair. This way you can have the vehicle checked out mechanically and inspected for telltale signs of a prior wreck.

Ask the Seller- If they are truthful, asking the seller could be the easiest option. However, there are times when they just want to sell the vehicle so it could become difficult. Even though this could be helpful, we still recommend researching the vehicle as much as possible.

4. Get a vehicle history report. Two of the most popular services for this purpose are Carfax and AutoCheck. These types of reports can clue you in to important red flags about a vehicle's past. You should, however, be aware that a clean report is no guarantee that a vehicle has never been wrecked. Still, this provides another important piece of information, since there are many problems that are never reported to state licensing agencies.

All we ask is that you be thorough when researching this vehicle. All the tips we provided above should give you enough details as to whether or not it's going to be worth the money. If you're really smart, document all your research and conversations in case something goes wrong. This way you can build a case in the event of a problem. - 21396

About the Author:

In 25 years as a Utah personal injury attorney Rex Bush has successfully handled over one thousand cases, his largest settlement to date is 3.25 million dollars. Visit his Utah Personal Injury Lawyers website.

4x4 Insurance Explained

By Susan Reynolds

Different vehicles require different types of insurance. Each type of insurance is specifically geared toward the vehicle it is insuring, whether a motorcycle, truck, or regular car. 4x4 insurance must be tailored to fit the needs of the vehicle and the driver. This insurance is often more expensive than regular car insurance because of the specific risks involved with owning this type of vehicle. Before you purchase a policy you should do as much research as possible to find the best one for you.

4x4 vehicles are specifically singled out because they can handle off road driving. Insurance companies have much more to worry about with off road driving, especially in vehicle damages. If you choose to use your 4x4 on the street only you can lower your insurance premiums. Off road coverage is extra and will cover damaged incurred from popped tires, broken windshields, or dents. If you choose to drive off road without purchasing the extra insurance your policy will cancel out until you return to the road. You may choose to be covered for only a few days if you are going out for a short excursion.

Other than off road driving, 4x4 insurance is nearly the same as regular car insurance. You can choose between liability, comprehensive, or collision coverage or a combination of the three. The coverage you receive can vary greatly, but it will depend on how much you are able to afford on insurance. Some policies will cover the damages of accidents while others will focus on vehicle damage from fire, vandalism, and theft. Make sure you thoroughly read over what your company covers in the policy, since the details vary.

4x4 vehicles are often more expensive to insure because they cost more to repair. Unlike cars and other mass produced vehicles, the parts for 4x4 trucks and SUVs are harder to find a replace. Your insurance company will therefore have to pay more to fix your vehicle. If you have added anything on to your 4x4 you can expect that it won?t be covered by traditional insurance policies. These add-ons will have to be individually insured or paid to fix by you. Wide screens are very popular features of 4x4s that are not covered by regular insurance. If the truck has this feature be sure that your policy insures its repairs.

Salvage retention rights allow you to take advantage of certain rights that other drivers cannot use. These rights allow you fit on parts to your 4x4 or make updates when needed. Most other policies will void the contract if you attempted this. Your salvage retention rights also allow you to keep the parts of your 4x4 if it is totaled. Those who fix their own cars find this very helpful for repairing other vehicles for no additional cost. Most policies, even those for 4x4s will not come with salvage retention so make sure you add it on if necessary. - 21396

About the Author:

Susan Reynolds is the content coordinator for a leading South African Insurance Provider who specialises in Car Insurance.