Can't Afford Car Insurance?
Can't Afford Car Insurance?
Solution: Try this site where you can compare quotes from different companies insureforeverybody.info
Can't Afford Car Insurance for Your Vehicle? In Canada, it is illegal for you to drive a vehicle without insurance coverage. However, what happens when you can't afford your car insurance payments month after month?
One option is simply to abandon your vehicle in your garage and cancel your insurance. This is usually the easiest option for those who live in Canada and are not interested in moving out. However, many people who are not happy with their current residence simply want to stay there. They may not be able to afford car insurance, but they could pay extra for homeowner's insurance or renter's insurance instead. If the garage is where you've parked your vehicle, a local auto insurance agent will likely give you an estimate of the costs associated with insuring your vehicle while you are living there.
Some car insurance companies, however, charge additional fees to policyholders who do not want to leave their vehicles parked in their garages. If you live in the U.S., however, you probably have an existing auto insurance policy that covers the use of your car. For this reason, a policy with your current company should suffice until you purchase new auto insurance.
Before you purchase any policy, make sure that it provides coverage for the vehicle you have. If you are insuring more than one vehicle, make sure that the policy covers all of them. A standard policy, as long as you've filled out the proper forms, will cover the cost of insuring only one vehicle.
Once you have found an insurance policy that provides coverage for the number of vehicles you own, check to see if the coverage also covers vehicles that are owned by others. For example, if you have rented a house or apartment, the renter's insurance is usually provided by the renter's insurance company. If the renters insurance doesn't cover you and your vehicle, contact the renters insurance company and ask if they cover your vehicle.
When searching for auto insurance, keep the following questions in mind: Will your policy provide coverage if the automobile is totaled? Will your coverage provide coverage if another driver damages the automobile? Are your premiums going to change because of the vehicle's make and model? Is the coverage going to change based on the age of the vehicle?
Don't assume that if the car you currently own is damaged in an accident, your car insurance will cover the costs. This may not be the case. Many insurance companies will require that you purchase a new vehicle before they will cover the costs. Damage caused by fire, hail, vandalism or an animal attack will probably not be covered by your current policy. Contact your current insurance company and ask whether or not they will provide you with coverage on a used vehicle.
There are other reasons that you might need to obtain additional coverage besides being unable to afford car insurance. If you live in an area of high crime, for example, you may be required to have car insurance that is more expensive than the minimum coverage provided by your state. If the area is considered a high risk area, some insurance companies will refuse to insure you if your car has a security system or alarm.
Car insurance also differs from state to state, so you should do a comprehensive search to find out what kind of car insurance is offered in your area. Some states will allow you to add personal liability insurance that covers you and any passengers in the case of an accident. Others don't, and will require that you carry full and complete car insurance.
Even if you already have comprehensive car insurance, there are times when your insurer won't pay anything for damage to your car. Sometimes, these cases are determined on an individual basis. However, if you have taken your vehicle to a mechanic, you may be able to get a discount. an estimate based on the value of the car that was totaled.
Don't worry too much about how much car insurance you can afford, as long as you're not paying thousands of dollars out-of-pocket. If you're still trying to find a good quote, it's worth taking the time to shop around. There are many websites that allow you to fill out a free quote online, and then compare different companies.