Rennee,

Denver CO

Hello Rennee,

I would assume that most people who use the phrase “motor insurance” are referring to car insurance….auto insurance, not an actual insurance policy on the engine to your car. I hear motor car insurance mentioned with British speaking visitors more than Americans but who knows maybe they are Britains now living here in the States.

Good question though. Thanks

Blessings,

Austin Davis

Question…

Why do people have to insure cars trucks etc. when they aren’t driving them?

I have 3 vehicles (yes I need all three) and I pay insurance on them even when I can only drive 1 at a time.

Albert

Hey Albert, they do offer “limited use” car insurance, which will give you a substantial price break because you are not driving these vehicles very often. You still want them insured for theft, vandalism, fire, and other acts of nature even when they are just sitting in the garage.

You only have to insure them if you have a lien against them….meaning you still owe money on them, if you own them 100%…you dont need to have insurance in force…except it will be illegal to drive on public roads without it.

I think comparison market offers the best rates……in my opinion anyway. Get a free no obligation quote from them from my site. make sure you tell them you dont drive these vehicles very much and want a limited use discount. Also tell them you keep these garage kept (if that is a true statement, it will lower your rates)

Limited Use Auto Insurance Quotes

Blessings,
Austin Davis

What kind of coverage pays for what kind of damage to my car?

Eva

Great question, Eva.

Auto insurance policies are broken down into several different types of coverages, which cover many different things. There are the coverages which deal with damages to your vehicle, those that handle injuries you or passengers in your car may sustain, those that deal with injuries sustained by the other driver and damage done to their vehicle, as well as any property damage caused by the car accident. It’s important to know what each part of coverage covers so that when you get into a situation where you need to file a clam, you don’t find yourself stuck out.

The two coverages that handle damages done to your car are comprehensive and collision. These are usually required if you are financing a car, be it new or used, so if you’ve ever bought a car before you’ve probably also bought comprehensive or collision insurance.

Comprehensive is basically a coverage that takes care of damage sustained by your car when it is not on the road. Well, not necessarily not on the road, but covers damage done to the car that is not caused by any kind of crash. This kind of damage is as the result of things like weather, for example. If you were in New Orleans during Hurricane Katrina and your car was lost in the deluge, you could make a claim for it with comprehensive insurance. It also takes into account things like vandalism, so if you have your car beaten up and some tires slashed, you can make a claim for that, too. The incident in which it is most often used is if it is stolen.

Collision coverage covers just what it says it does. This will pay for any damages to your car that are sustained as a result of a collision. Now, it’s import to look at that last part. A lot of the time, people will get into an accident and try to claim damages that they already had at the time of the collision. This cannot be done. Only damages that occurred during or because of the accident itself.

Cheers,

Fashun Guadarrama.

How do you keep the cost of collision coverage down?

James

That’s a good question.

Car insurance costs a lost of money, and it costs even more if you go for fuller coverage by adding such options as collision or comprehensive coverage to your policy. These will automatically give a jump to the price of your premium, and cost much more than the minimum state requirement that you might be used to. Unfortunately, there are about only two ways that you can cut the high costs of collision insurance on your premium.

• Raise your deductible.
• Get rid of your collision coverage.

The second one doesn’t seem very reasonable, because if you have collision coverage, you probably want to keep it, so the only way to keep your coverage as it is and get lower prices for your collision part, is to raise the deductible. Raising the deductible cuts down on costs for car insurance companies, and thus on costs for you on your premium, because it means that if and when you should get into a car accident or collision, you will be paying out more and they will be paying out less, and because of this they can charge you less.

You might want to ask yourself, though, if you really need collision coverage of your car insurance policy. If you have a car that’s on the older side or has very high mileage racked up, it might be a better idea just to drop the collision coverage, because in the case of a crash, with a car like that, your insurance company will probably just declare the vehicle a total loss. They’ll do this because the vehicle has a low market value, and so it’s cheaper to just replace it completely than it is to repair it.

Cheers,

Fashun Guadarrama.