The Many Benefits of Travel Protection Plans

Written by James Diaz

Many people purchase insurance thinking I want full coverage and once I get it I will be covered for every event that may befall my vehicle. But then they begin to question if every type of incident is covered with full coverage. Some events that people question if they are covered for are: if my car breaks down what about towing costs or if I need a rental car doesrepparttar insurance company pay? Towing service and rental service is not an automatic service that you are covered for but it can be easily added to a new policy purchase or duringrepparttar 136874 renewal process.

There are many benefits for you withrepparttar 136875 travel protection plan that is offered with auto insurance policies. First of all this optional coverage does not cost you anything more on your initial down payment. That's right, nothing extra on your down payment. Whether you decide to add it or not you still payrepparttar 136876 same down payment. This service is 100% financed into your monthly payments and for so much coveragerepparttar 136877 cost is very small!

The benefits for you are these:

If you are in an accident or if your car just breaks down, this service will reimburse you for towing service up to $50 each time you use it! If you need to be towed multiple times during your term no problem, you can use this towing plan as much as you need it. You are not required to use just one company either; you are able to use any company you wish.

Another benefit is that if your vehicle is disabled due to an accident or is stolen, you will be reimbursed for rental expenses up to $25 a day for as long as 10 days! If you are traveling, for example visiting family and are 250+ miles from home, this plan will also reimburse you for up to 5 days to get home at $25 a day. Again you may use any company you wish for your rental. In addition any personal effects in a rental car that may be stolen or are lost due to fire in a rental car will be covered up to $300.

Many people, during their busy day, find themselves accidentally leaving his or her keys in their car just as they closerepparttar 136878 door. Normally one panics and wastes time trying to find a way to break into their own car or calling for some to come bring that extra key from home. Most likely you still end up calling a locksmith to unlockrepparttar 136879 car and you won't be getting that money back. The travel protection plan saves you because it will reimburse you up to $25 for lock out service if this happens to you.

Tips On How To Save When Buying Car Insurance

Written by James Diaz

If you want to save money when you purchase your car insurance here are a few ways that can help you as you search for auto insurance.

First thing you can do is comparison shop. It cannot hurt to call around to see what other prices are out there. Ifrepparttar price is higher you know you are where you need to be and if you find a lower rate you always haverepparttar 136873 option to change. You can use information from Florida Department of Financial Services, or a similar department within your state, to help you decide. This Florida department can show you what types of coverage are out there and give you sample rates. You can do this for other states by usingrepparttar 136874 National Association of Insurance commissioners web site. Armed with this information you can get quotes from a number of companies and findrepparttar 136875 best one for you.

Increasing deductibles is another way to lower your premium. A deductible isrepparttar 136876 portion of money you pay beforerepparttar 136877 insurance company pays for damages or injuries. The higher your deductible isrepparttar 136878 less exposurerepparttar 136879 insurance company has, thus your premium will be lower. If you chooserepparttar 136880 highest deductible you can afford you may save hundreds of dollars overrepparttar 136881 term of your policy.

Dropping comprehensive and collision coverage on older cars is another way you can to save money on your insurance policy. This type of coverage protects your car if it is damaged or stolen. Usually it isrepparttar 136882 cash value ofrepparttar 136883 vehicle atrepparttar 136884 time of a loss minusrepparttar 136885 deducible. On older vehiclesrepparttar 136886 value is lowered already by depreciation. You need to take into considerationrepparttar 136887 premium you pay,repparttar 136888 value ofrepparttar 136889 vehicle andrepparttar 136890 deductible you have. You may be paying more forrepparttar 136891 coverage thenrepparttar 136892 vehicle is worth. If there is a loan onrepparttar 136893 car, you may have to keep this coverage onrepparttar 136894 car until you pay offrepparttar 136895 loan. Afterrepparttar 136896 car loan is paid off it is your choice if to keep these types of coverage and at what levels.

Buying a more economical car may help reduce your insurance. Yes, driving that corvette is fun but if you want to save money maybe you can be driving something that is a little less expensive. Vehicles that are costly to fix or that have a higher chance to be stolen are generally higher priced as far as your insurance premium. There are reports that you can check to find out which cars are stolen more often. One of these types of reports is by The Highway Loss Data Institute. Parts and repair times also tend to me more costly on higher end vehicles. A vehicle that is easier to repair will save with labor costs thus help lower your premiums.

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