Full coverage auto insurance is a policy that includes not only liability insurance and other mandatory benefits, but also collision and comprehensive insurance.
Collision insurance is one part of full a coverage policy. It pays you when your car is damaged in a collision as you might expect. Collision insurance does not pay the other driver for damage to his or her car or to his or her body. This is covered by the liability portion of your policy.
Collision insurance not only pays for collisions with other cars, it also pays when your car strikes a fixed object. It can pay when you hit a pothole also.
Comprehensive or other than collision is another part of full coverage. This pays for damage caused by fire, flood, falling objects, theft and glass breakage among other perils.

These optional aspects of your auto insurance policy are optional because they do not impact what your policy pays to other people. This is a good thing because you may not want to buy collision insurance on an older car if you can afford to buy a new one without the insurance company’s help. Since the insurance company will only pay you the depreciated value of your car, you may be better off with a lower insurance rate even though it means that your exposure is higher than it would be otherwise.

You may want full coverage auto insurance on a new car, but it may be wise to reduce your premiums by having a medium size or larger deductible. It rarely pays to have the lowest deductible available for your auto insurance since this adds so much to your premiums.

The average price of car insurance can vary considerably from and for several different reasons. Those reasons include the location of the automobiles. It also includes the ages, genders and motor vehicle records for the drivers. Other factors include the type of car and the type of coverage desired.

The location of the automobiles is a major factor in the price of your car insurance policy. As a general rule the more congested area you live in, the more likely it is that you will have an accident. Care insurance to cover a city resident is likely to cost more than a similar policy that covers a resident of a small town. Insurance rates in bigger, more congested cities will typically be higher than rates in smaller less congested cites.

Ages and genders also matter. Young male drivers will pay more than young female drivers. Both genders are likely to pay the same after the age of 25 or 30, but teenage drivers of both genders will pay more on average than older drivers.

If you opt for comprehensive or collision coverage, the car you drive will impact your rate. This is because these parts of your insurance policy are designed to pay for damage to your car. Therefore the cost of your car and the cost of repairs to your car will impact the insurance company’s potential costs and therefore the cost of your policy.
Since there are so many factors that impact the price of your car insurance policy, knowing the average price of car insurance may not be terribly important. Getting the best rate for your policy is what really matters.

We recommend getting quotes from different companies or finding an insurance agent who works with several auto insurance carriers. Either way, you should compare prices and benefits and make sure that you are getting good coverage at a good price.

Liability insurance pays other people for damages caused by you.  The liability portion of your car insurance is the part that pays others for damages to their personal property, their real property and for their bodily injuries.

Liability insurance is probably mandatory in your state.  You are not mandated to have comprehensive or collision coverage because those parts of your policy pay you for damage to your car.  You can choose to take that risk if that is your desire.

However, liability insurance is probably mandatory because the state wants to make sure that others are reimbursed if you harm them while driving your car.

Liability insurance limits come in two varieties.  One is the combined single limit.  This can be abbreviated as “CSL.” The other variety is called split limits.

Your combined single limit might be $300,000.  This means that there your auto insurance policy will pay up to $300,000 for the combined cost of bodily injuries and property damage.

Split limits are usually expressed with slashes.  Liability split limits may be expressed this way:  $100,000/$50,000/$25,000.

In the above example the auto insurance company will pay a maximum of $100,000 for bodily injuries for any one accident.  They will pay a maximum of $50,000 for any individuals’ injuries.  They will pay a total of $25,000 for property damage.

It is important to know how your policy covers liability.  If you are successfully sued and the plaintiff wins more that your insurance policy will cover, you may be left holding the bag.  You may wind up being forced to sell your home or other assets.

For increased coverage, you may want to consider a personal excess liability policy.  These types of policies are also known as umbrella policies.  They are designed to supplement the liability portion of your auto insurance and home owners insurance policies.

Liability insurance is important to have and important to understand.  Liability insurance is important for your business as well as for yourself and your family.

A car insurance deductible is the dollar amount that is deducted from the payment that the insurance company makes to you on certain types claims. These types of insurance claims are those made under the comprehensive or collision part of your policy. These parts of your car insurance policy pay you for damage to your car or other possessions.

This means that if it costs $5,000 to repair the body damage to your car and you have a $1,000 deductible, the insurance company will pay $4,000 and you will pay the $1,000 difference. This is because the deductible is deducted from the total before the insurance company cuts a check.

The deductible never applies to payments made to other persons to repair their cars. It does not apply to the liability portion of your policy.

It is also not an issue when your policy pays you for your personal injuries. Your no fault coverage, uninsured coverage and under insured coverages can pay you and your car’s passengers for bodily injuries.

Unlike the deductible in a typical health insurance policy, the deductible on a car insurance policy is on a per incident (this basically means per accident) basis. This means that you can pay more than one deductible in a year. Health insurance deductibles are typically limited to once per calendar year.

It is critical that you perform your “duties after an accident or loss.”  Your car insurance contract will have language that states that if you fail to comply with the specified duties, the insurer has no duty to provide coverage!

There is no specific time period mentioned in the standard personal automobile policy regarding when you should report an accident.  However, you should be “reasonably prompt.”  What this means is going to be different in different legal jurisdictions.  The circumstances of the accident will also play a part.

In most jurisdictions the probable effect of the delay on the insurer is one of the key issues regarding whether or not your car insurance company will pay.  The reason for the requirement that you report an accident quickly is the fact that the longer you delay the harder it is for an insurance company to investigate the accident and potentially get another party or insurance company to pay for it.

A witness may move, die or forget the details of an accident just a short time after it happens.  Physical evidence can also be lost for various reasons including the fact that the person who hit you or got hit by you may have body work done.

How much time do you have to report an auto insurance claim? The technically correct legal answer involves a lot of variables, but if you just had an accident, report it as soon as possible.  Don’t however, rule out compensation for an older accident until you have spoken with an attorney who knows the laws of your state and the details of your accident.

You’ve seen the Progressive cheap auto insurance ads and have probably wondered where she came from. Maybe you think you’ve seen her in a movie or somewhere else.

Her name is Stephanie Courtney. The Progressive Car Insurance Girl’s movie and TV appearances can be found on IMDB (the Internet Movie Database). She has appeared in Mad Men, ER and several other TV shows. Her resume is probably longer than you might expect.

She has also done stand up.