About Gap Insurance – Guaranteed Auto Protection

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Unless you put a large down payment on your new car, it will probably be worth considerably less than what you owe on it. You should buy gap insurance either as soon as you sign the contract or within 30-90 days of purchase (or you may not qualify for the coverage). May be a waste of money if you have a (short-term ) 36 month loan or less. If your down payment was 20% or more, your gap is filled with your equity. Gap insurance only covers up to a certain dollar amount and percent of the manufacturer's suggested retail price of the vehicle at the time of loss. If you finance a lot of higher dealer profit options, even gap insurance may not cover the difference. There is usually…
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AAA Auto Insurance

Articles, Insurance Company
American Automobile Association is a non profit group of 51 motor clubs throughout North America. .large auto insurer in the United States, with many spiffs and discounts for it's over 50 million members. National headquarters are in Heathrow, Florida. Major car insurance competitors include Allstate, Farmers Insurance, Geico, Nationwide, Progressive, and State Farm. AAA Corporation was founded over 100 years ago. They are rated AA by Standard & Poor's AAA auto insurance discounts in California: Mature Driver discounts of 1.9% are available. Air bags up to 8% Anti-Theft Device discount of 17.5% Multi car discount of up to 22% Good student discount of 14.4% Group discount of up to 9.4% A Superior driver discount of up to 4.7% Multi-policy discount of up to 11.7% AAA does not give discounts for:…
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State Farm Auto Insurance

Articles, Insurance Company
Based in Bloomington Illinois, State Farm may be the largest auto insurance carrier in the US. They have over seventy million policies for property, casualty and life insurance. Major car insurance competitors include AAA, Allstate, Farmers Insurance, Geico, Nationwide,and Progressive. State Farm started as an auto insurance company and now they have a network of over 16,000 agents. They are rated AA by Standard & Poor's. I learned on State Farm's website: They do use consumer reports to issue rates. You will have to enter a drivers license number to get a rate. At any time you can forward your info to a State Farm rep local to you. You can't compare other carriers State Farm offers a new FastEstimateā„¢ State Farm took #4 in the J.D. Powers 2011 U.S.…
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21st Century Auto Insurance

Articles, Insurance Company
21st Century is one of the largest auto insurers in the United States, with over 10 million policies. Competitors include Allstate, GEICO, Farmers Insurance, Nationwide Insurance, State Farm, and USAA. 21st Century Corp. was co-founded in 1937. Auto insurance is sold through over 30,000 independent insurance agents, or direct over the phone or net. You may have seen their adjusters driving around in white Ford Explorers and Ford Escapes with the giant 21st Century logo. In California, they insure drivers through 21st Century Casualty or 21st Century Insurance Companies. 21st Century will not cover some high end cars like Aston Martin, Bentley, Ferrari, Lamborghini, Lotus and Rolls Royce. If your car was made before 1981, their computer system doesn't recognize pre-1981 VINs, so you have to call their agents offline.…
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Kansas auto insurance

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Average auto liability insurance premium - $268.21 Average auto collision insurance premium - $226.60 Average auto comprehensive insurance premium - $193.95 Average auto combined insurance premium - $688.76 Bodily injury car insurance mimimum coverage required by Kansas law: $25,000 minimum coverage for death or injury of any one person, any one accident. $50,000 minimum coverage for all persons in any one accident. Property damage car insurance mimimum coverage required by Kansas law: $10,000 minimum auto insurance coverage for any one accident. Other endorsements required? Medical Payments (PIP) required?- Yes Uninsured motorist required?- Yes Kansas Insurance Department 420 SW 9th Street Topeka, KS 66612-1678 Phone: 800-432-2484 Kansas Department of Revenue -- Motor Vehicles 915 SW Harrison (10th & Harrison) Room 159 Topeka, KS 66626-0001 Phone: 785-296-3621
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Minnesota State average auto insurance premiums

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Average auto liability insurance premium - $409.10 Average auto collision insurance premium - $195.31 Average auto comprehensive insurance premium - $158.44 Average auto combined insurance premium - $762.84 Bodily injury car insurance minimum coverage required by Minnesota law: $30,000 minimum coverage for death or injury of any one person, any one accident. $60,000 minimum coverage for all persons in any one accident. Property damage car insurance minimum coverage required by Minnesota law: $10,000 minimum auto insurance coverage for any one accident. Other endorsements required? Medical Payments (PIP) required? Yes Uninsured motorist required? Yes Online Auto Insurance Agents in Minnesota Minnesota Department of Insurance 85 7th Place East, Suite 500 St.Paul, MN 55101 Phone: 800-657-3602 Minnesota Department of Public Safety 445 Minnesota Street St. Paul, MN 55101 Phone: 651-296-6911
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Auto insurance company ratings

Articles, Insurance Company
Do you care about issues that don't directly affect you? Then insurance company financial ratings may not be that important! You care about a company: Not overcharging you Being polite Paying a claim Returning your phone calls Being organized Staying in business The insurance company cares about: Staying in business Not overpaying on claims Increasing premiums to market levels Reducing staff Lowering debt ratios Making good acquisitions Bolstering market share Getting a good return on the money they pay ratings agencies! With the exception of "staying in business" you can see, what is good for the carrier may not always good for the policy holder, and your goals may even be opposite. If a company doing exceedingly well, find out why. Almost every third party rating agency is paid by…
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Auto insurance limits and explanations

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Auto insurance is a combination of very boring or very confusing. Sometimes I think it was designed like the tax code (22,000+ pages!). Here are some terms to think about: Bodily injury liability. Bodily injury liability (which is mandatory in all states but New Hampshire, South Carolina, Tennessee or Wisconsin) compensates drivers and passengers in the event you get into an accident. The main consideration here is protecting your assets against lawsuits that arise from auto accidents. "But I'm a careful driver," you say. It doesn't matter. Remember, you can get sued and lose even if the accident is not your fault. Think hard when only buying the minimum bodily injury liability limits. If you buy bodily injury worth $100,000/$300,000, each of the injured parties could be compensated $100,000, but…
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High Risk Automobile Insurance Plans

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Contact the plans below if you have gotten several tickets in a short period of time. Premiums will be higher since you may be considered substandard risk, and there may be a limit on admission. Don't forget to read our high risk drivers page, so you can start to fix problems and get your auto insurance premiums back to normal. Most plan members below are affiliated with the Western Association Of Automobile Insurance Plans (WAAIP): Alabama Automobile Insurance Plan (ALAIP) 3535 Grandview Parkway Suite 250 Birmingham, AL 35243 Phone: (205)967-2001 Fax: (205)967-0267 Alaska Automobile Insurance Plan - 595 Market Street Suite 1250 San Francisco, CA 94105 Phone: (800)227-4659 Fax: (415)421-4013 Arizona Automobile Insurance Plan 595 Market Street Suite 1250 San Francisco, CA 94105 Phone: (800)227-4659 Fax: (415)421-4013 Arkansas Automobile Insurance…
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Insuring an Older Car

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The below assumes your car is not a rare, collector, or vintage automobile. You have a beater. Older cars have many redeeming qualities includes those laughs as you drive past. Easier to work on, cheap parts, much lower insurance cost. Used cars are "deceptively simple, yet elegant" as Danny McBride put it in Land of the Lost. The beauty is in the savings. With an older, higher mileage, lower value car, don't get optional coverage and raise your deductible. An old car could be totaled by even a minor collision, so consider choosing liability only with a high deductible. Uninsured coverage can make sense if you are in a bad accident. And it's pretty cheap. Get medical payments coverage esp. if you don't have health insurance. You are better off…
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