Will my car insurance rate go up if I fix my own car?

October 19, 2017 · Posted in FAQ · 4 Comments 
car insurance
emailfordon asked:

I caused an accident; hit them from behind. My full coverage insurance is paying for the person I hit and told me to go get estimates for my car too. I know I will have to pay my deductible for my repairs, but will it affect my insurance rates in the future if I repair my car via my insurance? Or should I just get it fixed with my own money?

What is considered a car accident (for car insurance purposes)?

October 7, 2017 · Posted in FAQ · 3 Comments 
car insurance
Mike O asked:

When signing up for car insurance, it asks on the application whether the driver has been in a car accident in the past 5 years. What is considered a car accident? Let’s say I hit someone, but both parties decided not to report it. As far as the insurance company is concerned, is that considered a car accident for their purposes or no?

In such a case, what would one answer? Yes or No?

Car Insurance Deductibles in a Down Economy

October 3, 2017 · Posted in General Articles on Car Insurance · Comment 
car insurance
Many consumers are looking to cut household expenses any way they can in these uncertain economic times.  The first place most households often look is car insurance premiums.  To clarify, a car insurance premium is the amount you pay to the car insurance company on a regular basis (ie monthly) so the car insurance company will fix your car in the event of a car accident.  Car insurance can be considered a necessary evil.  No one likes paying for car insurance.  You have to pay for car insurance when you don’t use it and when you finally need it; car insurance companies make it a major hassle to obtain your money from them to fix your broken car. 

One of the most common ways to reduce your monthly car insurance premium is to increase your insurance deductible.  What is a deductible you ask?  A deductible is the amount of money you pay out of your own pocket in the event of a car insurance claim (i.e. a car accident that is your fault).

As tempting as it may seem to raise your car insurance deductible to reduce your monthly insurance payment, you need to evaluate your financial situation first.  For example, ask yourself, “If I raise my deductible from $1,000 to $2,000 do I have the $2,000 deductible set aside in the event I get into a car accident?”  If the answer is no, you may want to postpone raising your car insurance deductible until you save $2,000 and can comfortably put it aside.  If the answer is yes, you still need to consider your car driving habits and your risk of a car accident.

Your car driving habits can alter your car insurance expenses significantly.  If you are a safe driver and can go a long period of time without getting into a car accident, raising your deductible may be a smart move.  If you are not a safe driver and you frequently get into car accidents, raising your insurance deductible may not be worth it.  The longer you go without getting into a car accident, the more money you save on car insurance expenses.  If you get into a car accident shortly after raising your deductible, you may end up losing money.  Let’s look at an example.

If increasing your deductible from $1,000 to $2,000 decreases your monthly car insurance premium by $25, then it would take 40 months (starting from the date you raise your car insurance deductible) for your monthly savings to cover the $1,000 increase in deductible (40 x $25 = $1,000).  So that means if you have an accident during those 40 months, you are better off keeping your deductible at $1,000.  With your driving record, can you go 3 years and 4 months without a car accident?  If not, you may want to reconsider or change your driving habits.

So, you are a great driver and fully confident in your ability to go 3 years and 4 months without a car accident.  Too bad it’s not that easy and too bad we don’t drive on roads without other vehicles.  You also have to consider other drivers on the road.  We all know there are plenty of dumb drivers on the road.  Due to congestion and higher population, there are a larger number of morons on the road in the city than in the country.  Your chance of getting into an accident in an urban environment is a lot higher than in a rural environment.  So carefully take into consideration where you live, work and play before you raise your car insurance deductible.

Is raising your car insurance deductible right for you?

Car Insurance 

By: Charles Barnes

About the Author:

Charles is a car insurance enthusiast who wants to help you prevent the mistakes he made.

Can my health insurance ask for reimbursement from car insurance?

September 24, 2017 · Posted in FAQ · 6 Comments 
car insurance
hanky stank asked:

Had a car accident and was in the hospital for close to a week. Health insurance covered everything except copays and deductible. The car insurance is waiting to see if my health insurance is going to ask for reimbursement before they pay out anything.
Seeing that I pay my health insurance premiums for situations like this, can they ask for reimbusement?

Getting A Lawyer For An Car Accident Case In California

August 26, 2017 · Posted in General Articles on Car Insurance · Comment 

Certainly even you don’t think it’s all too complicated do you? You are driving within speed limits on your own lane and another driver backed right into the side of your SUV, denting the door shut, losing his own tail lights, and having the bumper lost in there somewhere. But things don’t seem too bad when you get out of your car and he out of his; and he apologizes for being such a klutz and setting it all off; and you give him your insurance info, and he gives you his; and you both get back in and drive off. Imagine your surprise the when after you have waited for them to contact you for quite a while what you get is a mail that orders you to appear in court – you should have been the one suing!

Nah, you don’t think it’s much of a big deal, do you? You may have thought so then, but you might beg to differ now, which is not too strange when you shed the light of auto accidents on American roads upon it – always complicated. If you aren’t very careful here, you could lose the entire case and be found liable for the repairs to the other person’s car as well as yours, although at one time you presumed you could never be mistaken for the one at fault.

Is there anyone that could commit them all to memory? Truth is, you can’t; but at least your auto accident lawyer can. Statistics from the Insurance Institute for Highway Safety constantly reveal that the state of California has the highest automobile accident and fatalities rates in the country, closely followed by Texas. In 2002 alone, there were 3,643 fatal motor vehicle crashes with 4,078 deaths in California, compared to Texas’ 3,255 and 3,725 respectively. For this reason California state highway laws are among the most stringent in the country, and you simply should never try to navigate your own way through them without an auto accident lawyer.

Gillin Jacobson Ellis & Larsen is largely considered to be one of the better known law firms that manage personal injuries and car accidents in California; like the Henke Law Group too, California Auto Accident Lawyers for Northern Ca. and Southern Ca., who deal in Serious Injury Attorneys for vehicles and Motorcycle Accident, and cover the area of San Francisco, and that is only starting to count them off. Several others can be located and contacted through websites like autoaccidentlawyers.com, or with the aid of a proficient search engine.

It would help to introduce special approaches and ways of operating automobiles so as to lower the death rate caused by accidents, lower the incidence of car accidents, and lower the amount of assets that are damaged in the process; although I daresay someone or something would still have answer for the incidents that still take place nonetheless. If you are liable, you should pay, but not more than you should; and if you are not, you should totally be let go; and you might lose out on your slim chance at having things go your way if your attorney is not by your side when the legal chips fall down in California State.

 

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