Basic Automobile Insurance

We all are quire familiar with taking an insurance policy on our own car, but does something like this exist for a rented car. Sure it does!

When you rent a car, you need to make sure you have insurance coverage to protect you against unforeseen circumstances that may occur when you are driving the car. Non-owned auto insurance policy is the kind of insurance you take for a rented car.

A non-owned auto insurance policy is an option you can take instead of buying liability coverage from the rental company when renting a car. A coverage that’s about $300 would be ideal and taking it would actually help you save money as it is cheaper if you are frequently renting cars.

So what does the non-owned auto insurance policy do for you? Well, non non-owned auto insurance policy will provide coverage in the event of an accident wherein there is damage to someone’ else car, the car passengers or to people walking in the street who have been injured as a result of the accident.

The other benefits you get from this policy is under-insured and uninsured coverage and coverage for medical expenses occurring to you or the car passengers.

Why is it important for me to take a non-owned auto insurance policy? Let’s take an example here. You may be on a business call, where you have to go and meet one of your clients. You decide to rent a car to meet the client. On the way an accident occurs and some one is injured in the accident. Non-owned auto insurance policy will pay for the damages you have caused to the injured person.

Non-owned insurance can help you in many ways. However, there is a downside to this coverage. It does not provide you collision coverage. What is collision coverage and what does it provide you?

Collision coverage is what you use to pay for damages occurring to your car in the event of an accident with another car, object or if the car rolls over in such an event. So, be sure to get this coverage by buying it from the rental company.

Another option is to check if your credit card company provides such coverage. Usually credit card companies provide for collision coverage when you pay for the rented car using their card. However, you need to look into all aspect of the terms and conditions applicable for collision coverage before fully considering this as an option for collision coverage.

Many people who live in California are under the impression that their automobile insurance will cover their vehicle in the event a friend or relative is driving it and it’s involved in an accident. Although there are circumstances where an insurance company will honor the policy, there are many instances when the coverage is void because of the driving history or age of the person driving your car. For that reason, it’s good to have a rule in place that the only ones granted access to the car keys are those specifically named on the auto insurance policy.

When you do start shopping for affordable automobile insurance in California you must think about who you really do want to insure. If you are a married parent, your spouse is likely one of the people you want insured. If you have a teenage child who has their driver’s license, you may want to consider adding them to your policy too.

Insuring a teenager is generally a fairly expensive endeavor. Without a proven driving record, teenagers are often offered high priced policies. As a parent you can help them find affordable automobile insurance in California by putting them on your policy as an occasional driver, insisting that they take a driver’s training course and encouraging them to maintain good grades.

Insurance companies give more affordable rates to professionally trained young drivers. They also often offer a rate reduction if the child excels in school by maintaining a good grade point average. For a family with one or more teenagers, these discounts can add up to a sizable premium reduction.

Naturally encouraging the child to follow the rules of the road and stay within the posted speed limits will help ensure they enjoy reasonable automobile rates for many years to come. A good way to reinforce this message is to have an agreement with the child that they will need to pay for any speeding citations that they are responsible for.