Q. Is there a website that has Arizona Auto Insurance Questions that I can study for my test? I have my test next week and need to get some questions to get prepared!
A. Information is below./
Auto Insurance coverage -- How much Liability and Medical?
Q. I got a couple of questions about about auto insurance coverage. Namely, what's the best amount of liability and medical coverage to select. 1) For the liability, I know it's wise to get the best liability that one can afford to cover your assets. But how about if one also gets umbrella coverage. For example, if one gets an umbrella coverage at a $2 million limit and the liability limit for the auto insuarance is $300,000 or $500,000, does it make sense to select the $500,000 or is it better to select the $300,000 limit since the umbrella coverage would kick in? 2) for medical, is this redundant coverage and not needed because wouldn't the liability portion also cover medical expenses? Or is it wise to get this, for example, if a passenger is not insured (no health insurance), so the medical part would help out in that case?
Thanks.
Thanks.
A. 1 - liability coverage is very cheap. The difference between the 300 and the 500 is probably only dollars a year.
When you start an umbrella policy, the insurance company has certain limits that you have to have. Usually it is the highest that they have - (ie 25, 50, 100, 300, 500). They wont cover you until the first part has been attained - ie if they want you to have a limit of 500K and yours is only 300K they wont cover you until you hit the 500. (you would be responsible for the difference). I'm sure you have a respectable agent that would ensure that you are adequately covered to prevent this from happening.
As for the medical coverage - this would cover passengers in your car etc... There would also be a threshold that you would have to meet prior to the umbrella policy picking up the tab. I would recommend getting this coverage because it, like liability, is also very cheap.
When you start an umbrella policy, the insurance company has certain limits that you have to have. Usually it is the highest that they have - (ie 25, 50, 100, 300, 500). They wont cover you until the first part has been attained - ie if they want you to have a limit of 500K and yours is only 300K they wont cover you until you hit the 500. (you would be responsible for the difference). I'm sure you have a respectable agent that would ensure that you are adequately covered to prevent this from happening.
As for the medical coverage - this would cover passengers in your car etc... There would also be a threshold that you would have to meet prior to the umbrella policy picking up the tab. I would recommend getting this coverage because it, like liability, is also very cheap.
What is the procedure regarding auto insurance when getting the car from dealership to home?
Q. First time car buyer, going with a friend to buy the car from a dealership, how to get the car back to home ? I think I obviously need an auto insurance, but without knowing the vehicle registration details how to get the auto insurance before purchasing?
Hope my question is clear enough!
Hope my question is clear enough!
A. You need to have insurance before you take the car off the lot. You have an idea of the kind of vehicle that you are looking for, so you can shop around for insurance quotes prior to going car shopping. If you had insurance on a vehicle, you could just contact the agent and inform then that you needed to add the new vehicle, but with no current coverage, you need to buy the policy before you take the car.
Once you know the car information, you can call the agent that had the best deal, and give them the exact information about the car you are purchasing. You can either give them a credit card number, or take them a check, and they will issue you a "binder" that covers you until the actual policy is issued.
Once you know the car information, you can call the agent that had the best deal, and give them the exact information about the car you are purchasing. You can either give them a credit card number, or take them a check, and they will issue you a "binder" that covers you until the actual policy is issued.
Resolved Question Show me another » In what ways does buying a car affect auto insurance premiums?
Q. I'm looking at buying or leasing a new car and am wondering how that'll affect my auto insurance premium. Also, which features in a new car affect the premium. I've heard about red paint and sports cars causing higher premiums, but are there any other factors?
A. The car affects the premium. New cars are worth more than cars several years old, so they cost more than older ones. High priced cars cost more because the potential loss is much greater than for that of lower priced cars. Sports cars cost more because they're supposed to have more accidents. I'm not sure that's true, but that's what the people who set the rates think. Also, cars that are stolen alot have high premiums. You also affect the premium. Do you have a good driving record? That lowers premiums somewhat. If you're middle aged or older, your premiums are usually lower because older people are considered safer drivers than young ones. I'm not sure that's true, but again, that's what the people who set the rates think!
Try this site to find the best auto insurance
http://best-auto-ins-usa.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
Hope this helps ya!
Try this site to find the best auto insurance
http://best-auto-ins-usa.blogspot.com/
Here you can get quotes from different auto insurance companies in your area, its the best way to find an affordable auto insurance with a reliable company.
Hope this helps ya!
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