Minimum auto insurance coverage required by law, listed by state.

Each state has it's own minimum coverage that is required by law in order for a driver to maintain their driver's license in that state.

State	Coverage Type(s) Required	Minimum Liability Limits* ($000)
Alabama	Bodily Injury and Property Damage Liability (effective 6/2000)	20/40/10
Alaska	Bodily Injury and Property Damage Liability	50/100/25
Arizona	Bodily Injury and Property Damage Liability	15/30/10
Arkansas	Bodily Injury and Property Damage Liability	25/50/25
California	Bodily Injury and Property Damage Liability	15/30/5
Colorado	Bodily Injury and Property Damage Liability, Personal Injury Protection	25/50/15
Connecticut	Bodily Injury and Property Damage Liability, Uninsured and Underinsured Motorist	20/40/10
Delaware	Bodily Injury and Property Damage Liability, Personal Injury Protection	15/30/5
District of Columbia	Bodily Injury and Property Damage Liability, Uninsured Motorist	25/50/10
Florida	Property Damage Liability, Personal Injury Protection	10/20/10
Georgia	Bodily Injury and Property Damage Liability	25/50/25
Hawaii	Bodily Injury and Property Damage Liability, Personal Injury Protection	20/40/10
Idaho	Bodily Injury and Property Damage Liability	25/50/15
Illoinois	Bodily Injury and Property Damage Liability, Uninsured Motorist	20/40/15
Indiana	Bodily Injury and Property Damage Liability	25/50/10
Iowa	Bodily Injury and Property Damage Liability	20/40/15
Kansas	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	25/50/10
Kentucky	Bodily Injury and Property Damage Liability, Personal Injury Protection	25/50/10
Louisiana	Bodily Injury and Property Damage Liability	10/20/10
Maine	Bodily Injury and Property Damage Liability, Uninsured Motorist, Underinsured Motorist	50/100/25
Maryland	Bodily Injury and Property Damage Liability, Personal Injury Protection (may be waived for policyholder but compulsory for passengers), Uninsured Motorist	20/40/10
Massachusetts	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	20/40/5
Michigan	Bodily Injury and Property Damage Liability, Personal Injury Protection	20/40/10
Minnesota	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured and Underinsured Motorist	30/60/10
Mississippi	Bodily Injury and Property Damage Liability	10/20/5
Missouri	Bodily Injury and Property Damage Liability, Uninsured Motorist	25/50/10
Montana	Bodily Injury and Property Damage Liability	25/50/10
Nebraska	Bodily Injury and Property Damage Liability	25/50/25
Nevada	Bodily Injury and Property Damage Liability	15/30/10
New Hampshire	Financial Responsibility Only, Underinsured Motorist	25/50/25
New Jersey	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	15/30/5
New Mexico	Bodily Injury and Property Damage Liability	25/50/10
New York	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	25/50/10
North Carolina	Bodily Injury and Property Damage Liability	30/60/25
North Dakota	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	25/50/25
Ohio	Bodily Injury and Property Damage Liability	12.5/25/7.5
Oklahoma	Bodily Injury and Property Damage Liability	10/20/10
Oregon	Bodily Injury and Property Damage Liability, Personal Injury Protection, Uninsured Motorist	25/50/10
Pennsylvania	Bodily Injury and Property Damage Liability, Medical Payments	15/30/5
Rhode Island	Bodily Injury and Property Damage Liability, Uninsured Motorist	25/50/25
South Carolina	Bodily Injury and Property Damage Liability, Uninsured Motorist	15/30/10
South Dakota	Bodily Injury and Property Damage Liability, Uninsured Motorist	25/50/25
Tennessee	Financial Responsibility Only	25/50/10
Texas	Bodily Injury and Property Damage Liability	20/40/15
Utah	Bodily Injury and Property Damage Liability, Personal Injury Protection	25/50/15
Vermont	Bodily Injury and Property Damage Liability, Uninsured and Underinsured Motorist	25/50/10
Virginia	Bodily Injury and Property Damage Liability, Uninsured Motorist	25/50/20
Washington	Bodily Injury and Property Damage Liability	25/50/10
West Virginia	Bodily Injury and Property Damage Liability, Uninsured Motorist	20/40/10
Wisconsin	Financial Responsibility Only, Uninsured Motorist	25/50/10
Wyoming	Bodily Injury and Property Damage Liability	25/50/20

How does a speeding ticket affect your auto insurance?

If your are over twenty five and this is the only ticket on your record in the last three years it will make little difference on your auto insurance rates. Insurance companies do not necessarily review your driving record every year. It is checked when you first apply and then it depends on the policy of that particular company.
The problems will start with your second ticket. That is why it is important to keep any and all tickets off your record. Many states will allow you to take traffic school or they have a deferment program.
Check the laws in your state to see what options are available. In most cases just showing up on your court date will allow you to negotiate for a reduction in the fine and points.
If you drive a company vehicle or have a CDL license it is very important to keep your driving record clean because the records of these drivers are checked every year.
As a general rule you can expect one four point ticket to increase your insurance premiums by at least 50% for each of the next three years. In many cases it is cost effective to retain an attorney.

State Insurance Regulator

Requirements vary from state to state. Check with your state insurance regulator to learn more about individual requirements, as well as insurers you may be considering for your policy.

Alabama

Department of Insurance
PO Box 303351
Montgomery, AL 36130-3351
334-241-4141 (Consumer Services)
334-269-3550
Fax: 334-241-4192
E-mail: ConsumerServices@insurance.alabama.gov
www.aldoi.gov

Alaska
Division of Insurance
Department of Commerce, Community and Economic Development
Robert B. Atwood Building
550 W. 7th Avenue, Suite 1560
Anchorage, AK 99501-3567
907-269-7900
TTY: 907-465-5437
Fax: 907-269-7910
E-mail: insurance@alaska.gov
www.commerce.state.ak.us/insurance

Division of Insurance
Department of Commerce, Community and Economic Development
PO Box 110805
Juneau, AK 99811-0805
907-465-2515
TTY: 907-465-5437
Fax: 907-465-3422
E-mail: insurance@alaska.gov
www.commerce.state.ak.us/insurance/

Arizona
Department of Insurance
Consumer Affairs Division
2910 North 44th St., Suite 210
Phoenix, AZ 85018-7269
602-364-2499
602-364-3100
Toll free: 1-800-325-2548 (AZ)
Fax: 602-364-2505
E-mail: consumers@azinsurance.gov
www.id.state.az.us

Arkansas
Insurance Department
Consumer Services Division
1200 W. Third St.
Little Rock, AR 72201-1904
501-371-2640 (Consumer Services)
501-371-2600
Toll free: 1-800-282-9134 (AR)
Toll free: 1-800-852-5494 (Consumer Services)
Toll free: 1-866-660-0888 (Criminal Investigations - Insurance Fraud)
Fax: 501-371-2749
E-mail: insurance.consumers@arkansas.gov
www.insurance.arkansas.gov

California
California Department of Insurance
Consumer Services Division
300 S. Spring St., South Tower
Los Angeles, CA 90013
213-897-8921
Toll free: 1-800-927-4357 (CA)
TTY: 1-800-482-4833
www.insurance.ca.gov

Dept. of Managed Health Care, California HMO Help Center
980 Ninth Street, Suite 500
Sacramento, CA 95814-2725
Toll free: 1-888-466-2219
TTY: 1-877-688-9891(Toll free)
Fax: 916-255-5241
E-mail: GenInfo@dmhc.ca.gov
www.hmohelp.ca.gov

Colorado
Division of Insurance
1560 Broadway, Suite 850
Denver, CO 80202
303-894-7499 (Consumer Information)
303-894-7490
Toll free: 1-800-930-3745 (CO)
TTY: 711
Fax: 303-894-7455
E-mail: insurance@dora.state.co.us
www.dora.state.co.us/Insurance

Connecticut
Insurance Department
Consumer Affairs Division
PO Box 816
Hartford, CT 06142-0816
860-297-3800
Toll free: 1-800-203-3447 (CT)
Fax: 860-566-7410
E-mail: cid.ca@ct.gov
www.ct.gov/cid

Delaware
Delaware Insurance Department
841 Silver Lake Blvd.
Dover, DE 19904
302-674-7310
Toll free: 1-800-282-8611
Fax: 302-739-6278
E-mail: consumer@state.de.us
www.delawareinsurance.gov

District of Columbia
Department of Insurance, Securities and Banking
810 First St., NE, Suite 701
ATTN: Consumer Protection Advocate
Washington, DC 20002
202-727-8000
202-442-7843
Fax: 202-535-1194
E-mail: disb@dc.gov
www.disb.dc.gov

Florida
Office of Insurance Regulation
Department of Financial Services
200 East Gaines St.
Tallahassee, FL 32399-0305
850-413-3140
Toll free: 1-877-693-5236
TTY: 1-800-640-0886 (Toll free)
Fax: 850-488-2349
www.floir.com

Georgia
Insurance and Safety Fire Commissioner
Two Martin Luther King, Jr. Dr.
West Tower, Suite 716
Atlanta, GA 30334
404-656-2070
Toll free: 1-800-656-2298 (GA)
TTY: 711
Fax: 404-657-8542
www.gainsurance.org

Hawaii
Insurance Division
Department of Commerce and Consumer Affairs
PO Box 3614
Honolulu, HI 96811
808-586-2790
808-586-2799
Fax: 808-586-2806
E-mail: insurance@dcca.hawaii.gov
www.hawaii.gov/dcca/areas/ins

Idaho
Department of Insurance
Consumer Affairs Bureau
700 W. State St.
PO Box 83720
Boise, ID 83720-0043
208-334-4250
Toll free: 1-800-721-3272 (ID)
Fax: 208-334-4398
www.doi.idaho.gov

Illinois
Division of Insurance- Chicago
Department of Financial and Professional Regulation
100 W. Randolph St., Suite 9-301
Chicago, IL 60601-3395
312-814-2427
TTY: 312-814-2603
Fax: 312-814-5416
E-mail: director@ins.state.il.us
www.insurance.illinois.gov

Division of Insurance- Springfield
Department of Financial and Professional Regulation
320 W. Washington St.
Springfield, IL 62767-0001
217-782-4515
Toll free: 1-877-527-9431 (Office of Consumer Health Insurance)
Toll free: 1-866-445-5364 (Consumer Assistance Hotline)
TTY: 217-524-4872
Fax: 217-782-5020 or 217-558-2083 (Complaints)
E-mail: director@ins.state.il.us
www.insurance.illinois.gov

Indiana
Department of Insurance
Consumer Services Division
311 W. Washington St., Suite 300
Indianapolis, IN 46204
317-232-2395
Toll free: 1-800-622-4461 (IN)
Fax: 317-234-2103
E-mail: idoi@IN.gov
www.in.gov/idoi

Iowa
Division of Insurance
330 Maple St.
Des Moines, IA 50319-0065
515-281-5705
Toll free: 1-877-955-1212 (IA)
Fax: 515-281-3059
www.iid.state.ia.us

Kansas
Kansas Insurance Department
Consumer Assistance Division
420 SW 9th Street
Topeka, KS 66612
785-296-3071
Toll free: 1-800-432-2484 (Kansas Only)
TTY: 1-877-235-3151 (Toll-Free)
Fax: 785-296-7805
E-mail: www.ksinsurance.org

Kentucky
Department of Insurance
Consumer Protection and Education Division
PO Box 517
Frankfort, KY 40602-0517
502-564-6034
Toll free: 1-800-595-6053
TTY: 1-800-462-2081
href="mailto:commissioner@ksinsurance.org">commissioner@ksinsurance.org
Fax: 502-564-6090
insurance.ky.gov/kentucky

Louisiana
Department of Insurance
1702 N. Third St.
Baton Rouge, LA 70802
225-342-0895
225-342-5900
Toll free: 1-800-259-5300
Toll free: 1-800-259-5301
Fax: 254-342-3078
E-mail: public@ldi.state.la.us
www.ldi.state.la.us

Maine
Bureau of Insurance
34 State House Station
Augusta, ME 04333-0034
207-624-8475
Toll free: 1-800-300-5000 (ME)
TTY: 1-888-577-6690 (Toll free)
Fax: 207-624-8599
E-mail: Insurance.PFR@maine.gov
www.maine.gov/insurance

Maryland
Insurance Administration
Consumer Division
525 St. Paul Place
Baltimore, MD 21202
410-468-2000
Toll free: 1-800-492-6116
TTY: 1-800-735-2258 (Toll free)
Fax: 410-468-2260 (life & health), 410-468-2334 (property & casualty)
www.mdinsurance.state.md.us

Massachusetts
Division of Insurance
Consumer Service Section
One South Station, 5th Floor
Boston, MA 02110
617-521-7794
617-521-7777 (Consumer Hotline)
Fax: 617-521-7575
www.state.ma.us/doi

Michigan
Office of Financial and Insurance Regulation
PO Box 30220
Lansing, MI 48909
517-373-0220
Toll free: 1-877-999-6442
Fax: 517-335-4978
E-mail: ofis-ins-info@michigan.gov
www.michigan.gov/ofir

Minnesota
Department of Commerce
Market Assurance Division
85 7th Place East
Suite 500
St. Paul, MN 55101
651-296-2488
Toll free: 1-800-657-3602 (MN)
TTY: 651-296-2860
Fax: 651-296-4328
E-mail: www.insurance.mn.gov

Mississippi
Department of Insurance
PO Box 79
Jackson, MS 39205
601-359-3569
Toll free: 1-800-562-2957 (MS)
Fax: 601-359-1077
E-mail: consumer@mid.state.ms.us
www.mid.state.ms.us

Missouri
Missouri Department of Insurance, Financial, and Professional Registration
Consumer Affairs Division
PO Box 690
Jefferson City, MO 65102-0690
573-751-2640
573-751-4126
Toll free: 1-800-726-7390 (MO)
TTY: 573-526-4536
Fax: 573-526-4898
www.insurance.mo.gov

Montana
Montana State Auditor's Office
Insurance Division
840 Helena Ave.
Helena, MT 59601
406-444-2040
Toll free: 1-800-332-6148 (MT)
TTY: 406-444-3246
Fax: 406-444-3497
E-mail: stateauditor@mt.gov
www.sao.mt.gov

Nebraska
Department of Insurance
Terminal Building
941 O St., Suite 400
Lincoln, NE 68508-3690
402-471-0888 (In Lincoln)
402-471-2201
Toll free: 1-877-564-7323 (NE)
TTY: 1-800-833-7352
Fax: 402-471-6559
E-mail: DOI.ConsumerAffairs@nebraska.gov
www.doi.ne.gov

Nevada
Division of Insurance
Department of Business & Industry
788 Fairview Drive, Suite 300
Carson City, NV 89701
775-687-4270
Fax: 775-687-3937
E-mail: insinfo@doi.state.nv.us
www.doi.state.nv.us/

Division of Insurance
Department of Business & Industry
2501 E Sahara Ave #302
Las Vegas, NV 89104
702-486-4009
Fax: 702-486-4007
www.doi.state.nv.us/

New Hampshire
Department of Insurance
21 South Fruit St., Suite 14
Concord, NH 03301
603-271-2261
Toll free: 1-800-852-3416 (NH)
TTY: 1-800-735-2964 (NH)
Fax: 603-271-1406
E-mail: consumerservices@ins.nh.gov
www.nh.gov/insurance

New Jersey
Department of Banking and Insurance
Consumer Inquiry and Case Preparation Unit
PO Box 471
Trenton, NJ 08625-0471
609-292-7272
Toll free: 1-800-446-7467
Fax: 609-777-0508
www.njdobi.org

New Mexico
Department of Insurance
PO Box 1269
Santa Fe, NM 87504-1269
505-827-4601
Toll free: 1-888-427-5772 (NM)
Fax: 505-827-4253
www.nmprc.state.nm.us

New York
Consumer Services Bureau
NYS Insurance Department
One Commerce Plaza
Albany, NY 12257
518-474-6600
Toll free: 1-800-342-3736 (NY)
E-mail: consumers@ins.state.ny.us
www.ins.state.ny.us

Consumer Services Bureau
Insurance Department
25 Beaver St.,
New York, NY 10004
212-480-6400
Toll free: 1-800-342-3736 (NY)
E-mail: consumers@ins.state.ny.us
www.ins.state.ny.us

North Carolina
Department of Insurance
Dobbs Bldg., 430 North Salisbury St. (Zip: 27603)
1201 Mail Service Center
Raleigh, NC 27699-1201
919-807-6750 (Consumer Services) (outside of NC)
919-733-3058
Toll free: 1-800-546-5664 (NC) (Consumer Services)
Fax: 919-733-6495
E-mail: consumer@ncdoi.net
www.ncdoi.com

North Dakota
Insurance Department
600 East Boulevard Ave.
State Capitol, 5th Floor
Bismarck, ND 58505-0320
701-328-2440
Toll free: 1-800-247-0560 (ND)
TTY: 1-800-366-6888 (Toll free)
Fax: 701-328-4880
E-mail: insurance@nd.gov
www.nd.gov/ndins

Ohio
Department of Insurance
Office of Consumer Services
50 West Town Street, 3rd floor, Suite 300
Columbus, OH 43215
614-644-2673
Toll free: 1-800-686-1526 (Consumer Hotline)
Toll free: 1-800-686-1527 (Fraud Hotline)
Toll free: 1-800-686-1578 (Senior Hotline)
TTY: 614-644-3745
Fax: 614-644-3744
www.ohioinsurance.gov

Oklahoma
Insurance Department
2401 N. W. 23rd St., Suite 28
PO Box 53408
Oklahoma City, OK 73152-3408
405-521-2991
Toll free: 1-800-522-0071 (OK)
Fax: 405-521-6652
E-mail: www.ok.gov/oid

Oregon
Insurance Division
PO Box 14480
Salem, OR 97309-0405
503-947-7984
Toll free: 1-888-877-4894 (OR)
Fax: 503-378-4351
E-mail: dcbs.insmail@state.or.us
insurance.oregon.gov

Pennsylvania
Bureau of Consumer Service
Insurance Department
1209 Strawberry Square
Harrisburg, PA 17120
717-787-2317
Toll free: 1-877-881-6388
TTY: 717-783-3898
Fax: 717-787-8585
E-mail: ra-in-consumer@state.pa.us
www.insurance.state.pa.us

Puerto Rico
Office of the Commissioner of Insurance
B5 Tabonuco St., Suite 216 PMB 356
Guaynabo, PR 00968-3029
787-722-8686
787-304-8686
Toll free: 1-888-722-8686
Fax: 787-273-6082
www.ocs.gobierno.pr

Rhode Island
Insurance Division
Department of Business Regulation
1511 Pontiac Avenue
Cranston, RI 02920
401-462-9520
Fax: 401-462-9602
E-mail: InsuranceInquiry@dbr.state.ri.us
www.dbr.state.ri.us

South Carolina
Consumer Services
Department of Insurance
PO Box 100105
Columbia, SC 29202-3105
803-737-6180
Toll free: 1-800-768-3467 (SC)
Fax: 803-737-6231
E-mail: consumers@doi.sc.gov
www.doi.sc.gov

South Dakota
Division of Insurance
Department of Revenue and Regulation
445 East Capital Avenue
Pierre, SD 57501
605-773-3563
Fax: 605-773-5369
E-mail: insurance@state.sd.us
www.state.sd.us/drr

Tennessee
Department of Commerce and Insurance
Consumer Affairs Division
500 James Robertson Pkwy.
Davy Crockett Tower
Nashville, TN 37243-0565
615-741-4737
615-741-2241
Toll free: 1-800-342-8385 (TN)
Fax: 615-532-4994
www.tn.gov/commerce

Texas
Department of Insurance
Consumer Protection (111-1A)
PO Box 149091
Austin, TX 78714-9091
512-463-6515
Toll free: 1-800-252-3439
Fax: 512-475-1771
E-mail: consumerprotection@tdi.state.tx.us
www.tdi.state.tx.us

Utah
Department of Insurance
State Office Bldg., Room 3110
Salt Lake City, UT 84114-6901
801-538-3800
Toll free: 1-800-439-3805 (UT)
TTY: 801-538-3826
Fax: 801-538-3829
www.insurance.utah.gov

Vermont
Insurance Division- Consumer Services
Department of Banking, Insurance, Securities and Health Care Administration
89 Main Street
Montpelier, VT 05620-3101
802-828-3301
802-828-2900 (Health Ins.)
Toll free: 1-800-964-1784 (VT)
Toll free: 1-800-631-7788 (VT - Health Ins.)
Fax: 802-828-3306
www.bishca.state.vt.us
www.vthealthinsurance.info, Virginia health insurance

Virgin Islands
Division of Banking and Insurance
No. 5049 Kongens Gade
St. Thomas, VI 00802
340-774-7166
Fax: 340-774-9458
www.ltg.gov.vi

Virginia
Bureau of Insurance
State Corporation Commission
PO Box 1157
Richmond, VA 23218
804-371-9741
804-371-9967
Toll free: 1-800-552-7945 (VA)
TTY: 804-371-9206
E-mail: bureauofinsurance@scc.virginia.gov
www.scc.virginia.gov

Washington
Office of the Insurance Commissioner
PO Box 40256
Olympia, WA 98504-0256
360-725-7080
Toll free: 1-800-562-6900 (WA)
TTY: 360-586-0241
Fax: 360-586-2018
E-mail: cad@oic.wa.gov
www.insurance.wa.gov

West Virginia
Offices of the Insurance Commissioner
1124 Smith St.
PO Box 50540
Charleston, WV 25305-0540
304-558-3386
Toll free: 1-888-879-9842 (WV)
TTY: 1-800-435-7381
Fax: 304-558-4965
E-mail: consumer.service@wvinsurance.gov
www.wvinsurance.gov

Wisconsin
Office of the Commissioner of Insurance
125 S Webster St.
PO Box 7873
Madison, WI 53707-7873
608-266-0103
Toll free: 1-800-236-8517 (WI)
TTY: Dial 711 and ask for 608-266-3586
Fax: 608-264-8115
E-mail: ocicomplaints@wisconsin.gov
oci.wi.gov

Wyoming
Department of Insurance
Consumer Affairs Section
106 E. Sixth Avenue
Cheyenne, WY 82002
307-777-7402
Toll free: 1-800-438-5768 (WY)
Fax: 307-777-2446
insurance.state.wy.us

3 Tips to Pinpoint Cheap Auto Insurance

by Jenny Finch
Send Feedback to Jenny Finch

One of the biggest ways that a consumer can save money is by finding cheaper auto insurance. Most would be amazed if they knew how much money they could save in just one year. I am going to provide you with a list that will outline different techniques that you can use to find cheap car insurance.




1. Research Online - They have long called the internet "The Information Highway". This is for good reason. There are millions of resources that are directed toward helping consumers make educated decisions, when it comes to making new purchases. And trust me; there is no shortage of information when it comes to the auto insurance industry.

2. Free Auto Insurance Quotes - One of the most helpful tools that you will find in your quest to find cheap insurance is a site that offers car insurance quotes from multiple providers. You will be able to get quotes from all the major providers. A few of the insurance providers that you will most likely see are Geiko, Progressive, esurance, etc.

3. Do not settle - This is the biggest tip that I could possibly provide. Do Not Settle. When you are looking for car insurance, you must do your research, and not act to quickly. Chances are there is a great deal waiting right around the corner.

The bottom line is that the amount that you pay for auto insurance does not have to cost as much as it does. Chances are that if you do your research and stick to your guns you will eventually find a auto insurance company, that will have a quote that you will be able to live with.

Please visit these sites for more information on where to find Auto Insurance or Auto Insurance Quotes.

Can you get auto insurance with just a learner's permit?

Yes, you can. A Drivers or Learners "Permit" is permission to drive and therefore a temporary license with certain restrictions.
You can obtain your own auto insurance or you can be covered under someone else's policy such as your parents or the vehicle owners policy, but you must have coverage.
A Drivers Permit comes with all the responsibilities of anyone licensed or not who operates a motor vehicle on public roads, including our financial responsibility.

Articles by Jenny Finch

How Oboma's Plans Could Cause Auto Insurance to Go Up

Author: Jenny Finch

President Oboma's bail out plan could cause auto insurance prices to go up. The president, with good intentions, is trying to move forward in the auto industry bail out. Unfortunately, this could lead to American's having to dig into their wallets once again. Yet, another curve ball thrown in our fight against our current economic situation.

Most American's have opted to fix their older cars, as opposed to buying new ones, in order to help them better save money thru this recession. One of the added benefits of fixing your older cars is,lower insurance rates. The cost to insure a newer car is much more. Well, At least that's the way it has worked in the past.
The amount of new cars being bought has tremendously declined recently, the result being, more hazards on the road-ways. With older cars come more mechanical problems, which in return leads to more accidents. This chain reaction could possibly trickle down till it hits your pocket book.

Newer cars are likely to be less of a risk, as far as accidents due to mechanical problems. Vehicle safety techknowledgy is also a factor when comparing the newest cars to older models. Auto insurance providers will most definitely take all of this information into consideration, and the conclusion will likely be higher insurance premiums in the near feature.

Unfortunately it seems to just be part of the bad spiral that we are in right now. We fix one problem and it causes another. Hopefully the president will have a bill passed that will require auto insurance company's to cap their rates. Until then, we are at their mercy.


About the Author:
Please visit these sites for more information on where to find Auto Insurance or Auto Insurance Quotes
Article Source: ArticlesBase.com - How Oboma's Plans Could Cause Auto Insurance to Go Up

Things to Know About Auto Insurance, Which Will Keep Your Rates Lower

by Jenny Finch
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Did you know that auto insurance companies significantly changed the way that they price policies over the last few years? The company that offered you the best rate a few years ago may no longer have the best deal for you. Bellow, I have put together a list of things that you can do that will help you find cheaper car insurance.

1. Shop around - The most important step is to shop around. Prices on auto insurance can vary by hundreds of dollars from company to company, for the exact same person and car, depending on the claims experience that the company has had. Some companies have changed the way that they price policies over the last few years, while others haven't. If you have a good credit record, and a good driving record, you may get a much better deal with some of the companies that have changed their rates.


2. Improve your credit score - One important way to improve your auto insurance rate is to improve your credit score. That's one of the biggest changes that insurance companies have made over the last few years. Almost all of them look at your credit score while setting your rate, and many of them look in great detail at your credit score. First of all make sure you pay your bills on time, even if you're not getting ready to shop for a loan. You can also check out your credit report at annual credit report .com to make sure that there aren't any inaccuracies that are causing you to have a lower rate then you should.


3. Buy a safer car - It is also very important to buy a safe car. Having a safe car makes more of a difference in your premiums then it has in the past. You can visit web sites like car safety .org and get crash test results for the car that you are considering buying.


4. Hunt for discounts - If you have a young driver they can generally get a discount if they have a B average or better in school, or if they take a special defensive driving course offered by the insurance company. You may also be able to get a discount if you drive your car less than 75,000 miles a year. You may also be able to lower your rate by purchasing your auto and home insurance from the same company.


Hopefully knowing these things will help you on your search for cheaper insurance. From my own personal experience the saying "Knowledge Is Power", could not be any truer. It is very important to be educated when making decisions that will ultimately affect your life.




Please visit these sites for more information on where to find Auto Insurance or Auto Insurance Quotes.