Following an accident, most insurers will hike your monthly premiums by a certain amount. A car accident is never good news, but beyond the immediate issues it causes, it can also cause your auto insurance premiums to rise. That said, consumers often wonder how much more they will pay after suffering a car crash. Unfortunately, there’s no fast and solid answer to tell a driver precisely how much more they will pay for auto insurance after an accident. There are many different factors that are taken into consideration, including the…
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Americans are paying more for auto insurance, but millions are underinsured
Despite how much people are already paying for coverage, it might not be enough if the worst happens. Inflation, among several other factors, has caused auto insurance premiums to climb, this year in particular, but according to experts, millions of drivers still don’t have enough coverage. Despite how much millions of people are paying for their policies, they don’t have the coverage they need. Car insurers have been raising premiums because the cost of paying out claims is higher due to inflation. That said, when it comes to drivers, they…
Read MoreDoes your auto policy include bodily injury liability insurance?
Standard auto policies contain this coverage in all but two states, but many consumers aren’t aware of it. Bodily injury liability insurance is a specific type of coverage within an auto policy that covers the medical expenses of others if the policyholder is found to be at fault in a crash. This coverage also provides coverage for additional costs such as legal fees in case of a lawsuit. The bodily injury liability insurance coverage of an auto policy is what covers the loss of income suffered by an injured person…
Read MoreWill decorating your car for Christmas invalidate your auto insurance?
Will adding lights, antlers or dangling decorations mean your coverage isn’t what it should be? Many of us absolutely love to decorate everything we touch as the holidays progress, but it’s important to understand your auto insurance coverage before you get too festive in your car. Just because you’ve seen other people adding twinkly lights to their car, it doesn’t mean you should. Every year when we head out on the road at this time, there are more cars lit up and reindeer antlers and Rudolph noses on SUVs. Companies…
Read More5 Steps To Take If You Have Suffered Car Accident Injuries
Car accidents can produce some of the most serious injuries an individual can experience, including traumatic brain injuries, spinal cord injuries, broken bones, burns, and soft tissue injuries. If you have suffered car accident injuries, do you know the steps you should take to increase the likelihood of your injuries recovering well and your eligibility to obtain compensation for the expenses and quality-of-life impacts of your injury? The short answer: talk to a car accident lawyer. Read on for more information about five steps you should take if you’ve been…
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