No-Fault Auto Insurance Explained

No-fault auto insurance is coverage which operates under the rule that no single driver was at fault in a car accident. Therefore no fault is determined in a car accident and each injured party will file a claim with their own respective auto insurance company for damages. For example, if Robert and Susan get in a car accident, Robert will file a claim with his insurance company and Susan wile file a claim with hers regardless of who was at fault – because there was no one at fault.

There are two types of “no fault auto insurance”. The most common type is the pure form which limits liability and a person’s right to sue in a car accident with the exception of major injuries, extreme negligence and a small number of other reasons. Most car accidents which happen under no-fault car insurance coverage simply end up with a claim for damages and injury costs with no punitive or nuisance lawsuits.

The other type of no-fault auto insurance is the “add-on” option available in some states. The advantage of adding a no fault car insurance option to your policy in these states is that you can file a claim with your car insurance company regardless of who was at fault. This insures the policyholder a quick claims handling process but because its just an “add-on”, and not a pure form of no fault insurance, there is no protection from frivolous litigation in a car accident. Most states only offer the pure form of no fault car insurance.

Can I still be sued with No Fault Auto Insurance?

Yes, “no-fault auto insurance” is not a diplomatic immunity like blanket of protection from all liability in a car accident. However certain financial thresholds must be met before the court will allow a lawsuit to proceed. Monetary damages are not the only reason you can be sued – In cases where a driver operated a vehicle with extreme negligence, people suffered extreme injuries and a variety of other reasons can still open you up to litigation. One of the most common reasons to be sued with no fault auto insurance is actually being underinsured as there is no law preventing someone from suing for damages which exceed your policy limits and you didn’t pay. However for most typical accidents you don’t have to worry about a car accident lawyer showing up at your door serving a lawsuit. If you only purchase the add-on type of no fault car insurance all bets are off and the ambulance chasing lawyers can sue you.

What are the advantages of No Fault Auto Insurance?

No-fault car insurance laws were created to help reduce the amount of nuisance lawsuits resulting from car accidents, save courts money from dealing with these suits, limit the liability of car insurance companies and create a quicker claims handling process for policyholders. In theory no fault car insurance provides a lot of protection however some states have reverted back to traditional tort law even after having no fault car insurance in place for years. There is a lot of debate about the effectiveness of no fault car insurance laws in the bigger picture but as a driver there are many advantages to living in a state with no fault auto insurance including a faster claims handling process and limiting exposure to frivolous lawsuits.

What states have no fault auto insurance laws?

Only about a dozen states have no-fault car insurance laws currently in place. Some states require all drivers to have no fault car insurance coverage whereas others provide drivers an option to choose between typical coverage and no fault coverage. The state where no fault auto insurance is in place includes:

· Florida

· Hawaii

· Kansas

· Kentucky

· Massachusetts

· Michigan

· Minnesota

· New Jersey

· New York

· North Dakota

· Pennsylvania

· Utah

How much car insurance required will depend on where you live but in addition to any required liability insurance you will also be required to purchase PIP insurance (personal injury protection) to cover any medical expenses of the policyholder in a car accident.

How much is No Fault Auto Insurance?

There are many reports which say no fault car insurance is cheaper and then there are others which say the cost of auto insurance is roughly the same compared to typical coverage. The problem lies with auto insurance being a relatively equal cost for most drivers that its hard to measure the difference.

Average car insurance premiums nationally run just under $1,500 a year but this also depends on where you live as some states are much higher or much lower than this. The only true way to understand how much no fault car insurance is to compare auto insurance quotes from several automobile insurance companies. Start an auto insurance [http://carinsurance-estimator.com] comparison search today.

The Best Approach to Auto Insurance Quotes

Auto insurance quotes are generally free so don’t just take out an auto insurance policy based on the first auto insurance quote you get.

The best possible way for saving money on your auto insurance is to get at least three insurance quotes. Granted, getting multiple insurance quotes will take you time but if you compare your hourly rate at work to the amount you could save on your auto insurance I think you will agree that getting several auto insurance quotes is a valuable use of your time.

One of the best ways to get as many auto insurance quotes as possible in the shortest period of time is on the internet. You might have to trawl through a few user unfriendly insurance quote sites but there are several little gems out there where you can get multiple auto insurance quotes in one go and most of the main providers of auto insurance not only offer online quotes but also provide consumers with discounts when they get their insurance quotes online.

A decent auto insurance broker is well worth their weight in gold. Using a broker to get your insurance quotes will mean that you only have to fill out one form and then the auto insurance broker will trawl through loads of insurance quotes until they find the best possible insurance package for you. What’s really neat is that nowadays you don’t even have to leave the comfort of your own home as there are more and more insurance brokers offering their services on line.

As you can tell I love the online approach, for those that hate the sales pitch that accompanies a ‘face to face’ or telephone insurance quote online insurance providers are the answer to your prayers.

Don’t wait until you change cars every year that better offer could be available. Just because you got the best possible auto insurance quote last year it doesn’t mean to say you can’t beat it when the renewal notice comes through your door. With online insurance, it’s easy, spend a little time one evening getting comparable auto insurance quotes, there’s loads of deals out there with so many auto insurance providers fighting for your business and you could save yourself wads of cash.

When looking for alternative auto insurance quotes make sure that you check that the lowest auto insurance quotes are for a similar level of cover to those that are more expensive.

Always know what you are buying, don’t leave yourself exposed by paying for a cheaper but relatively useless auto insurance.

One last word of advice, the lowest auto insurance quote isn’t always the best to go for even if it does provide you with the right amount of cover. Low cost auto insurance is good but it’s also important to use a reputable insurance provider. There is no point getting really cheap car insurance if the company that you are insuring with either messes you around, or even worse, doesn’t pay out!

US Auto Insurance Quotes

This is not only frustrating, but can cause a lot of headaches and stresses to add to the normal stress you already have to deal with. There are certain companies and agencies that do not provide coverage willingly. Therefore when you call up different insurance brokers and get different US auto insurance quotes you can do a little background information on the insurance companies to see how much of a headache it will be to get the cash you need.

Many sites on the Internet are devoted to listing and providing US auto insurance quotes all over the nation. There are websites that will be solely devoted to one state and others that give US auto insurance quotes no matter what state you live in. The state you live in does have a bearing on how much your US auto insurance quotes are going to be. Some states have higher auto insurance rates than other states; others are lower when compared to other states. However, auto insurance rates are always changing. If you are looking to find auto insurance for your car, you will have to find out what the going rates are.

Some people think that US auto insurance quotes are determined and set by state regulations and their policies. Statements such as that are not truthful and as such each state sets their own regulations and policies vary from state to state and will affect the overall price of auto insurance in each state, the US auto insurance quotes you receive are by no means set. If you call up different insurance brokers, you will receive different quotes. The range will vary from broker to broker. Choosing the cheapest quote will not necessarily give you the best deal on coverage. If you find a very cheap US auto insurance quote, it may not mean that you will receive quality coverage. The cheap price you are quoted may simply be because when you are in need of that money a lot of red tape will make getting that money a great hassle or near impossible. Don’t settle on a company’s US auto insurance quotes just because it is the cheapest. It is important to do some background checks to find a reliable insurance broker.

There are reliable sites online that can help you find reliable insurance brokers. Your state should have its Website, which will detail rules and policies of your state as well as offer the numbers of reliable insurance brokers. Call up these insurance brokers and get yourself US auto insurance quotes from these different dealers. By signing with a reliable company, you will be able to get, good coverage and can drive your car with confidence. It is important to be protected with auto insurance. In fact, you are not allowed to drive without auto insurance. Therefore, do your work to find cheap as well as reliable auto insurance.

Make sure that when you are looking for US auto insurance quotes, look for your particular state’s policies and regulations as this will dictate what type of quote you could receive.

Hot Tips for Low Cost Auto Insurance

Do you want low cost insurance?

If you are paying more than $5,000 per year for auto insurance, here are some things you need to consider. Low cost auto insurance companies have been known to charge this amount and higher car insurance. What can you do to acquire low cost auto insurance? You may be able to lower your cost by a considerable amount of money with some helpful hints.

The first method to getting low auto insurance cost is to get rate quotes from several different insurance carriers. There are many types of insurers out there, so you should consider the type of company as well. There are low cost auto insurance companies that sell online exclusively. There are those that sell only through outside agents. There are low cost insurance companies that sell only their own products.

Shop and compare each type of low cost auto insurance carrier to ensure you are getting the low cost auto insurance you deserve. Remember, you can always call your state’s insurance department, who maintains information on major low cost insurance companies. Utilizing all of the resources available to you will help you obtain low cost auto insurance.

Another way of procuring low cost auto insurance is to know the cost of the insurance of you next car. Car insurance cost is based, among other things, on what your car is worth and what the repair costs will add up to. Low cost auto insurance companies maintain a list of the most frequently stolen cars. If your prospective car appears on this list, be ready to pay higher premiums. Investigate which cars have the best safety ratings and the lowest repair costs. Lower car repair costs often equal low cost auto insurance.

Higher deductibles are another way of getting low cost auto insurance. When you increase your deductibles, you lower your premiums by as much as 15 to 30 percent. Call your low cost insurance agent or check online to see what kind of impact changing your deductible will have on low cost auto insurance. For example, if your existing deductible is four hundred dollars, see what would happen if you raise it to six hundred dollars, or even eight hundred dollars.

Low cost auto insurance method four is to know the value of your car. You can call your auto loan provider for this information, or you can look your car up in the Kelly Blue Book. If your car is older, consider reducing the coverage. You may not need collision if your car’s replacement value is less than the insurance premium.

Low auto insurance method five is to buy all of your insurance from the same company. In other words, get your home insurance, auto insurance, flood, and fire from your low cost auto insurance carrier.

There are even some insurers that give low cost auto insurance discounts to customers that have been with them for quite a few years.with in a timely manner.

Auto Insurance Damage Claims: Must Read “How To” Guide

Have you just been out from a vehicle accident and filing an auto insurance damage claims? Then read on. We’ll talk about some tips with your auto insurance damage claims that would make it easier and less hectic than it may seem.

Oh! I also compiled more articles that you should read before buying any auto insurance to avoid regrets later. You can view them at my site, look for the link at the bottom of this article.

Going through an auto accident is never a pleasant experience. But it is very important to keep a cool head as much as possible when dealing with your auto insurance damage claims. It is important that you remember as much as possible what happened. What was the weather, what was the road like, the landmarks? All of this would be very helpful during your auto insurance damage claim. Insurance companies will try to verify your story with the police report and other parties.

When filing an auto insurance damage claim, insurance companies would most likely ask for documentation. So be prepared to by writing down the names and address of people who are involved with the accident. It would also be a big help if you have contacts with possible witness to the event. Be ready for the copy of police report, medical report and forms that your insurance company would ask for.
One thing that you must always have with you to lighten that auto insurance damage claim burden is your insurance card. Keep with you all the time. Stuck it to your wallet or in the glove compartment. Anywhere, as long as you have it all the time when driving your vehicle. This nifty card contains lot of information such as type of coverage, span of coverage and identification.

It’s worth mentioning that when filing forms during an auto insurance damage claims, that accuracy is a must. It’s easy to misspell the names of people, name of street or block and even your car. That’s why you must double-check those records especially the documents on police report and auto insurance damage claim form. Doing this ensures that there will be less chance of a delay on processing those documentations.

Auto insurance damage claims may be daunting at first glance, and maybe it is. But following this article would make it a little bit easier for your head. At least you will only have a headache from the accident and not from filing those auto insurance damage claim.