Is there such thing as “Standard Rate” Insurance for Atlanta Cars

I’m sorry to say, “No. There are no standard car  insurance rates for Atlanta cars“. Although it would be ideal, there are just too many variables to consider. It is impossible to lump a  majority of the same rate into a group and call it standard car  insurance rates. Regardless, the best way to find the most affordable  auto insurance quotes is to look online using a free quote comparison  service like insurance.com – it requires just putting in your zip-code.

This is “Car Insurance 101”, but here are three main factors on which your rating is based :
1) Where you live : The density and the traffic is going to be a key for  the insurer. Obviously, the more traffic, the more of a chance for accidents. Unfortunately, there is not much you can do about this.

2) Your driving record: The driver is the main risk. To get a better rate, you need to keep your driving record clean.  This shouldn’t be anything new or surprising to anyone.

3) The Car you drive : The car itself is important, since certain cars are more  costly to repair than others. Insurers vary their rates on the basis of car make and model. They have gathered massive amounts of data over the years and are constantly researching the safety standards of your car from all  sides, roof, front and back.

You can judge for yourself which category you fall into, so don’t be surprised when you get that first quote.

Of course, there’s not much we can do about it. If you are going to own a car, then you are required by law to have insurance, so you may as well get the best cars in Atlanta you can find…and I just happen to know a great place.

Atlanta Car Dealer Recommends “Gap” Insurance

Newnan Car Dealerships

Is Gap Insurance something you really need? I know Southtowne’s answer, but I thought I’d just Google it and see what others thought…I found this post in the very first link I tried. It’s from a random automobile forum: “I had gap on my wife’s car that was totaled and thank God we did. The price on her car dropped like a rock after 9-11 and about 6 months later some jerk totaled it. I have gap on 2 cars right now and it cost me $4.56 a month. Seems like a small price to pay every month but could end up providing a lot of coverage.”

The more I looked around, the more accolades I found on the benefits of Gap Insurance and here’s why. I’ll make it simple. So, you’ve just bought a new car at $40,000. The minute you drove it off the lot it depreciated in value according to your insurance company. So, now it’s worth $30,000.  You wreck that car and the insurance company gives you the $30,000 for it, but now you still owe a remaining $10,000 on a car that you aren’t even driving because it’s been totaled. Unfortunately, this happens all the time to people, but it wouldn’t happen if they had GAP insurance. See, GAP insurance will insure you for the difference between what you would owe on a vehicle and what an insurance company says it’s worth. So in other words, you would be 100% covered if you were in an accident and now you know why it’s imperative to get GAP insurance.

*The one and only reason you might not want GAP insurance on your new car is if you paid for it with cash and don’t owe anything to the bank.

When searching for GAP insurance, research all of your options because there are a few different ways to obtain it. You can get it through the dealership, your insurance company or in some cases, the bank will roll it into your loan.

Let your favorite Atlanta car dealer know if you have any experience with Gap Insurance and if YOU have any advice.

Newnan, does comprehensive car insurance REALLY cover?

So, the question is: Will auto insurance pay me if my car is stolen or damaged?
The simple answer is: It depends.

Really, whether auto insurance will pay you if your car is stolen depends of your policy, and the type of auto insurance, you have. That being said,  most comprehensive coverage policy covers your car is stolen.

However, before you assume that you are covered, make sure that know exactly what your car insurance is before something like this happens.

What coverage for car insurance will cover theft?

The coverage that covers theft is comprehensive coverage. Now, a comprehensive policy includes the stolen car, and integral parts of the car or elements that can render the car useless if stolen. This be things like integrated, pre-installed navigation system or stereo, but not a dashboard-mounted GPS device or iPod.

If you house and apartment owners or renters have insurance, these you should include personal items from your car like an iPod or laptop. If you have any  items stolen, file a police report first and then call your insurance company. When you call your insurance ask them about your personal property coverage and the items that are not covered. However, items excluded or limited coverage include money, jewelry, furs, watches and business property. You should know better than to leave these items in plain view.

Most car insurance companies have settled on a set number of days that they wait to see if the stolen is returned before they pay a claim. If found before this time has expired, but is found, damaged, you must decide whether it is worth your deductible and pay with your insurance company for the damage or just to pay any repairs out of your own pocket.

If your car is found severely damaged and the insurance company decides they cut you a check, the amount will only be for the market value of the car-not for how much you originally paid. If your car is not found you will receive a payment for the value of the vehicle only.

So in review, a comprehensive insurance policy protects your vehicle against loss or damage, but not by a collision. Your coverage will also cover vehicles damaged by you, but not thru an accident.

If you have any questions, or advice, leave a comment below.

 

Newnan & Coweta: What influences your insurance rates?

This is probably one of my least favorite topics, yet it can certainly be a life saver when you need it: Car Insurance. Now before we start lambasting the car insurance industry, let’s just all agree that it is something you are required by law to have and that isn’t going to change anytime soon.

Now that’s out of our system, let’s talk about what influences your insurance rates and how you can get the lowest insurance premium that is afforded to you. Let’s say that you’ve got a good driving record and all of the factors that could cause rates to raise are in your favor. What are the factors that insurance companies look at before they quote you a rate? Some of it you can change and some of it you can’t change.

You can’t change:

  • Your age
    Unless you know something we don’t, aging is unavoidable. It’s just a fact that the oldest and the youngest drivers are far more likely to have accidents.
  • Gender
    Again, you can’t argue with fact here. Guys, the numbers aren’t in your favor here as women statistically make safer drivers.
  • Marital Status
    OK, you CAN change this, but let’s be realistic here, how many people do you know who marry simply to lower their insurance rates? Yeah. Me neither.

You can change:

  • Geography
    Where you live does matter. For example, if you live in rural America, aside from the rare moose collision, you are far less likely to have a wreck or have your car stolen than those living in a city. Actually, sometimes even just moving across the street can change your rate.
  • Driving violations
    AHHHH…The permanent record! Speeding tickets, running red lights, failure to yield, etc. all count toward your auto insurance rate.
  • Your vehicle
    If you must have that cherry red Vette, or the Porsche GT3, get out your checkbook. Your insurance premiums will definitely be higher.
  • Accident claims
    Of course you can’t change the past in regards to accidents, but you can keep your slate clean and free of any more accidents. This will hold you in better standing than lots of fender benders.
  • Credit rating
    Have a poor, or no credit history? You are considered a higher risk. Get that credit under control.
  • Occupation
    Believe it or not, insurers have found correlation between your occupation and risk. It makes sense that if you deliver  pizzas, you could be a higher risk of having an accident.

Even when you think you have everything in your favor there are still a few other things that can affect your insurance rates such as:

  • Miles driven per year
  • Distance to work
  • Occupation
  • Years of driving experience
  • Business use of the vehicle
  • Whether or not you currently have auto insurance
  • Theft protection devices (often results in discounts)
  • Multiple cars and drivers (another opportunity for discounts)

Now that you are thoroughly overwhelmed, your best bet is to take your time and comparison shop. It will certainly pay off in the long run.