Auto Insurance Car Loans and Credits in the USA

Young drivers may wonder, "Can I get good car insurance if I'm under 25?" The answer is yes. Your age does not affect the types of coverage you can obtain for your vehicle, although age is one of the factors taken into account in premium costs. You can find quite a few methods of getting quality coverage, while taking advantage of discounts you may have not known about. Are You a Full-Time Student Under the Age of 25? If so, you're on your way to possibly qualifying for a discount on your car insurance that could help lower your payments. Here's the catch: You have to have good grades. But, nobody's suggesting that only "A" students are eligible for discounts. Many insurance companies specify that as long as you can maintain a B average, you may qualify for a good student discount. The main reason for doing well in school is probably getting a degree and landing a good job, but saving money on auto insurance could be the icing on

A good question you need to look into for the answer now. The short answer: Yes. If you're test driving a car with the intent to purchase it for your personal use, most insurers cover you for the use of "non-owned cars" (test-drive vehicles and loaners), explains Donn Sharer, an Allstate agency owner in Millstone Township, New Jersey. However, dealers are required by law to insure their cars, and that insurance would typically cover an accident that occurs during a test drive, says Sharer. "It's a basic cost of doing business," he says. Keep in mind, though, that in some instances, a dealer's insurer may seek reimbursement from you or your insurer if you cause an accident during a test drive. When you test-drive a privately owned vehicle, the same rules hold: The car owner's insurance typically covers damage to the car during your test drive, notes Sharer. In that case, you would be considered a "permissive driver&q

Learning the ins and outs of general and classic insurance coverage will help you get the right coverage at the right price. A number of factors determine the particular drivers that insurance companies give the best premium rates to. Before purchasing a new vehicle or a classic vehicle, always research insurance rates. Your insurance agent can inform you which new cars have the lowest insurance rates. Knowing the rates can help you in choosing the car that is best for you. By purchasing a car that has a good safety rating, you can save a lot on your car insurance.  When shopping for vehicle insurance coverage for your teen, ask your agent to give you a quote, both as a separate policy and also as an addition to your existing policy. In some cases, you may want to insure your teenager separately. Many people believe that auto insurance rates go down automatically for young drivers once they reach 25. However, the truth is that rates slowly decrease from the time a drive

Learning the ins and outs of general and classic insurance coverage will help you get the right coverage at the right price. A number of factors determine the particular drivers that insurance companies give the best premium rates to. Before purchasing a new vehicle or a classic vehicle, always research insurance rates. Your insurance agent can inform you which new cars have the lowest insurance rates. Knowing the rates can help you in choosing the car that is best for you. By purchasing a car that has a good safety rating, you can save a lot on your car insurance. When shopping for vehicle insurance coverage for your teen, ask your agent to give you a quote, both as a separate policy and also as an addition to your existing policy. In some cases, you may want to insure your teenager separately. Many people believe that auto insurance rates go down automatically for young drivers once they reach 25. However, the truth is that rates slowly decrease from the time a drive

The auto insurance industry realizes that the senior population has a lot of driving experience under its belt. That does go a long way as far as safety is concerned, and, seniors are rewarded in good measure with low premiums on their policies. But, by the same token, no one can deny the fact that as the years go by, eyesight becomes weaker and people are not as quick to react as before. In addition, compromised health situations tend to develop, necessitating medication. Studies indicate that all this can translate into car accidents - a significantly large amount of these involve tragic fatalities. The insurance companies know about the resulting damages, injuries and death because of related claims that are submitted by policyholders. And claims are an expensive drawback that triggers rates to go up. Before you begin to panic, allow us to reassure you that the premium hike for seniors at a certain stage is rather slight and it can be countered by savings rewarded to

Something you need to read about. Just take a chill pill and read through carefully. If your car carries a warranty, it may help protect against certain types of problems with your car — separate from what your car insurance policy covers. However, it's important to know that your car warranty and your car insurance are two very different types of protection. It's good to understand the difference between the two so you're not confused if you need to use either one. The biggest difference between a car warranty and car insurance is the kind of protection each typically offers. A warranty is designed to pay for certain types of mechanical breakdowns (parts and labor costs), according to Edmunds. These could be malfunctions due to manufacturing defects or issues with certain car parts, says Edmunds.com. Car insurance, depending on the coverage you choose, may help repair your vehicle if it's damaged in a collision or by some other cause, such as