Buying Auto Insurance From An Online Website

 Before buying auto insurance on the world-wide web, it’s important that you know exactly what you are buying and whom you are buying it from.  Anyone whom markets and binds auto insurance online maintain an insurance license in the state your car is registered.  A license to both sell and bind auto insurance coverage must be granted by the  State Insurance Department to which the internet site wants to sell auto insurance.  Before this license can be granted; both school and an intense licensing exam must be administered for each insurance specialty you wish to sell.   Although there seems to be hundreds of auto insurance agent websites which seem to sell auto insurance on the World Wide Web, it seems to me many merely collect and sell your personal private information and data to the highest bidder.

 Auto Insurance rates are filed and approved by the same State Department of Insurance as well. These filed rates determine how your auto insurance premium is calculated for a specific risk. Please remember a licensed agent is the only individual whom can sell you an auto insurance policy.  Cheap auto insurance companies must structure the rates they charge to both meet the needs of the auto insurance buyer and the profitability for the carrier.  Where all car insurance carriers insure younger drivers and high value vehicles, there is a huge rate difference between the carriers whom insure these risks.  Some specialize in insuring High Risk Drivers and Cars.  Since they are accustomed to insuring these risks, they collect much more premium to offset losses.  Auto liability insurance covers a driver and its occupants  should the vehicle be involved in an accident with the owner behind the wheel.  It pays those medical bills that may be incurred as a result of the accident.

Auto insurance property damage  pays to repair or replace the property of others damaged by your vehicle.  It does this up to the limit indicated on the policy declaration. The amount to be paid by the insuring party is usually determined by the limit that that was agreed upon when taking out the policy.   An example of property covered includes fences, street signs or other vehicles. Collision coverage pays for any physical damage that occurs to the vehicle. It does not matter whether the accident was your fault or not, the auto insurer will cover the damages less the chosen deductible .

A comprehensive auto insurance cover offers protection against natural hazards and not just typhoons and hurricanes; it would also cater for repairs for other instances like hitting a deer on the road or a tree falling on your parked vehicle. It is very useful for motorists who do not have any other type of vehicle insurance coverage on their policy. Even if you don’t maintain collision coverage of you car, having comprehensive insurance coverage is inexpensive and worth maintaining 0 even on a 10 year old car. Additional auto insurance choices for motorists include accidental death, rental cars loss of income coverage. 


Michael E. Dortch
President &  Managing Agent
Corporate Home Office
618 South Broad Street
Lansdale, Pennsylvania  19446
(800) 807-0762  ext. 602

Cheap Auto Insurance – Who Gets It and Why

Potential clients often wonder whether it is safe to buy cheap auto insurance for their vehicle over concerns about whether or not the insurance company will be able to cover for damages in case of an accident. It is a well-known fact that consumers are always in search of a bargain, and this extends to just about everyone when they are looking to purchase auto insurance. And although there are some people who might be apprehensive about a cheaper policy, their fears are unfounded because there is simply no proof that a cheap auto insurance company that has a good reputation is not adequately equipped to compensate you in case of an accident.

Here are some of the reasons why your insurance provider might reward you with a cheap auto insurance policy:

A cheap auto insurance rate could be given in recognition of policyholders who have shown a commitment to the company. Elderly folks may also be asked to pay lower premiums due to their lower risk levels. If you have not filed for a claim for damages for a long period of time you may also be a candidate for reduced premium payments.

Most of the time, high premium charges are as a result of your own culpability. You might provide inaccurate information to the insurance underwriter with the hope of securing a lower premium. Underwriters rely on the information you supply to calculate premium payments. They also research the information you provide to make sure that your data is credible.

It is essential that you give accurate and honest data when seeing cheap auto insurance quotes online. Do not tweak reality in any way. Direct auto insurance quotes are meant to be error free, and you will likely be penalized for dishonesty. This is often the reason some clients are required to pay higher premiums. As such, you should review the nitty-gritty of the quotes and related policy documents before you submit it to the underwriter.

If a company charges very high premiums for vehicle insurance, there might be details in the fine print that are not being revealed. Not all auto insurance companies are equal, so it is important to be well-informed.

Another reason that may lead to high insurance premiums is the type of policy chosen. A comprehensive direct auto insurance policy is more costly than third-party insurance. Although a cheaper policy may not offer as complete a level of protection, it may provide a cheap car insurance alternative that’s right for you needs.

– Mike