By james dalton

Car insurance is the most bought type of insurance in the United States of America. There are more cars than people in America and couple that with various States making car insurance mandatory; you have something that is in high demand. This need for insurance will always have people trying to get the best deals possible on the different types of car insurance available. To be informed, the article will examine the different types of car that exist on the consumer market.

Bodily Injury Liability is an insurance policy that covers drivers of another car. If you meet in accident and the other driver is injured then Bodily Injury Liability will cover the medical costs of in the case the other driver is injured in an accident. This mainly benefits policy holder as he does not have to worry about being sued.

The Medical Payments or Personal Injury Protection (PIP) insurance coverage is close to the bodily Injury liability mentioned above. The difference between the tow is the fact that the policy holder and associated passengers are covered in the case of an accident. This means they are entitled to have their medical bills, loss of wages and even death is covered.

Under Property Damage Liability car insurance policy, the insurance company will cover the cost of repairs to the other party’s car in the event of an accident. With this coverage the other individual’s damages will be paid for by the insurance company, while the policy holder would have to pay for his own damage from his own pocket.

The Collision insurance policy is one of the most common and cheapest auto insurance policies available. With collision the insurance company will pay for the damage or repairs if another driver crashes into you. This usually requires drivers to have a deductible and once the deductible is paid, the insurance company will pay for the rest.

Comprehensive coverage is another popular policy for motor vehicle owners. With comprehensive coverage the car is covered from a wide array of things. The car will be protected from fire, theft acts of God and collision with other vehicles. Policyholders need to pay a monthly deductible. Once this is paid in the event of an accident, the insurance company will cover the rest.

Uninsured and Underinsured Motorist Coverage will usually protect the policy holder in the event that someone with no or insufficient insurance crashes into his vehicle. It will also protect against hit and run drivers in the event of that type of accident.

The breakdown of the different types of car insurance policies available helps to make understanding motor vehicle insurance easier. You have looked at Bodily Injury Liability, Medical Payments or Personal Injury Protection (PIP), Property Damage Liability, Collision, Comprehensive, Uninsured and Underinsured Motorist Coverage. By investigating and understanding the different policies, we are able to see what differences and similarities they offer. This enables consumers to have insight and knowledge into the best car insurance for their car and the one that offers the best coverage options.

Source: http://www.Free-Articles-Zone.com

By David Williams

How can you tell if an insurance adjuster is lying? Answer: Look and see if his/her lips are moving!

Yes, I know that was a corny joke that may overstate the frequency of the problem to some degree. But, this fact can’t be disputed or denied: Insurance adjusters often lie to consumers, hoping their antics will cause them to become discouraged and accept a smaller settlement than they are rightfully owed. While it is true, mistakes occasionally happen and some adjusters pass untruths out of ignorance, many others are handsomely rewarded for routinely telling blatant and deliberate lies to claimants.

In this article you will learn nine of the most frequent lies auto insurance adjusters tell. Beneath each lie, you will learn the truth.

Lie #1 You must get your car repaired

Truth: It’s your car and no one can make you do something with it that you don’t want to do. If you choose not to repair damage that is covered by insurance, as a general rule, the insurer still owes you for the full value of necessary repairs that would be required to put your vehicle into its preloss condition. But, be forewarned. If you choose not to repair accident damage on your car, your insurance company would not be required to continue insuring the car for its full retail value. In fact, if you play hardball, your insurance company may decline to insure your car altogether forcing you to shop for other insurance coverage at a time when your driving record may be marked by an accident.

Lie #2 You must go to the insurer’s preferred shop

Truth: If you choose to have your car repaired, most state’s laws allow you to authorize work at the shop of your choice. However, if you encounter problems with a shop you selected, the insurance company will be quoting the old lyric, “I told you so,” and will be little help in procuring your satisfaction. If, on the other hand, you go to a shop selected by an insurer and get deceived, or don’t receive the level of repair you are entitled to, you will be in a much better position to negotiate with the insurer, especially if there is threat of a bad faith lawsuit against them.

Lie #3 You must turn the claim in to your own insurance company if we disagree

Truth: If you are the victim of someone else’s negligence and their insurer is trying to get you to settle for less than you are entitled, you might consider sending a demand for payment to the person that caused the damage. The fact that the negligent party bought lousy insurance coverage does not relieve them of the responsibility and obligation they have to indemnify you of damage they caused. Therefore, if the third-party insurance company doesn’t want to make full restitution to you on their policyholders’ behalf, you are under no obligation to deal with them. Simply insist on payment directly from the negligent party or pay your deductible and file a claim under your own insurance policy.

Lie #4 Repairs will restore your vehicle to its preloss condition

Truth: There are many factors that prevent a car or truck from being restored to its preloss condition. The same would be true for anything that is damaged and reconstructed. Think for a moment about a valuable vase that gets broken. Although the vase could be glued back together, even to the point that the damage is unrecognizable, it could never be as sound or as valuable as it previously was because there is a potential for failure after the accident and repair that didn’t previously exist. Likewise, during auto repairs it is economically impractical to test every component and part on a car to guarantee that it’s performance and durability are unaltered. In addition, many of the tests that would be required in making this determination are destructive by nature making them unfeasible to perform. What if the crash affected sealed electronics in your car’s dash or clutches in your car’s transmission causing premature failure of these expensive parts? What if your car’s metal becomes fatigued from being beaten, stretched, hammered, and welded on causing it to fold easier in a subsequent accident and causing late deployment of airbags? What if…

Lie #5 You Don’t need a lawyer

Truth: Insurers, oftentimes, do not take consumers, without legal representation, seriously. Let’s face it; where there is no threat of danger, there is little motive for action. As an example, you could enthusiastically warn me by shouting, “beware of the dog” until you lose your voice. But until you take the chain off or open the gate to the pen I probably wouldn’t run. In fact, I might not run even then if you have a terrier or a poodle. If however, you are saying “sic-um” to a ferocious pit bull, I’ll have a much different attitude. Insurers are no different. They pick and choose their fights. If they think you can mount a good defense against them, they will usually pay you everything you are owed. If they think you can’t afford a lawyer or a proper defense, they will most often bully you and stall your claim, sometimes forever. As in the analogy of the dog, when you unleash a lawyer that commands insurer’s respect, you will get action. But even then, don’t expect results quickly. Often, deals are made on the courthouse steps just prior to a trial. The months and sometimes years leading up to that point can be very frustrating for claimants.

Lie #6 Your car will be just as valuable after the accident and repairs as before

Truth: Most people are alike in that given the choice between two cars identical in every way with the exception being that one has been involved in an accident and the other has not, most would prefer the car with no damage history. This is true even if repairs to the car not chosen are of such good quality that you can’t tell it apart from the undamaged one. With the number of used car certification programs growing and damage disclosure to potential buyers a legal requirement in many states, the only way wrecked cars sell is if the price is cut low enough to offset the risk car shoppers take when purchasing damaged goods. The loss in market value a car suffers after being wrecked and repaired is known as diminished value (DV).

Lie #7 We don’t pay Diminished Value (DV)

Truth: In third-party claims, insurance companies are obligated to pay diminished value to claimants who prove the amount of their losses. Proving a loss is not difficult. It will, however, require that you have a post-repair inspection performed on your repaired vehicle - unless, of course, you want to take the insurer’s word for the amount you are owed. Since one of the biggest factors lessening the value of repaired cars and trucks is poor quality workmanship, it is easy to understand why it is impossible to determine the amount of diminished value without a detailed and thorough examination of the property following completion of the repairs by a body shop.

It is usually more difficult to collect diminished value under your own policy than it is in third-party cases where another person’s insurance is paying. The reason for this is that many consumers, unbeknownst to them, purchase insurance policies that have diminished value exclusions written in them. By virtue of being bound to this contract that they purchased, these consumers will be forced to forgo this portion of their claim. But, even in these cases, consumers that have purchased a post-repair inspection will often have proof that repairs failed to restore a vehicle to its preloss condition. Faced with this proof and the obligation to indemnify the policyholder, insurers are often forced to make a monetary concession - though rarely will they call it a diminished value payment.

Lie #8 You must go back to the same dishonest and/or slothful auto body shop for rerepairs

Truth: If you didn’t have to get your car repaired in the first place, why would you feel obligated to return a second, third or forth time to get the job done right? You don’t have to and you shouldn’t. You are under no more obligation to go back to an auto collision repair shop that butchered your car than you are to go back to a barber shop or beauty shop that butchered your haircut. Some courts have even taken the position that if you go back after knowing the limited capabilities of the shop or knowing that they might be less than honest, then you deserve whatever treatment you get the second time. You know the old saying, “Get me once, shame on you; Get me the second time, shame on ME!”

Lie #9 Insurance direct repair shops are the best places to get your car repaired

Truth: Direct repair shops (DRP) are not chosen for their ability to perform high quality work. Rather, insurers choose these shops to work with based on the amount of concessions and discounts they are willing to give them in exchange for referrals. In effect, DRP shops see insurers as their customers instead of vehicle owners. Given the choice, most will favor an insurer to keep work coming in the door, even if it means lying and cheating long-time customers.

There are many ways DRP shops favor insurers. As an example, many DRP agreements and contacts mandate that repair shop estimators overlook certain damages that would not be blatantly obvious to a consumer's untrained eye. In addition, it would not be uncommon for them to try to talk you into accepting an appearance allowance that represents an amount less than the actual cost of repairs to forgo repair of some damaged panels or parts. This would often be presented to you in such a way as to convince you they are doing you a favor.

Reality is, whether or not you get your car repaired, you are entitled to full value for the cost of repairs necessary to restore your property to its preloss condition. You shouldn’t settle for less!

This information is general in nature and should not be relied upon as a substitute for legal or insurance advice. Readers are encouraged to consult specialists in these fields who have an understanding of legal and insurance issues on a local, state, and national level.

COPYRIGHT (c) 2007 David A. Williams - All Rights Reserved

By Robert Parker

Buying a new car, or even a late model used car, is a relatively simple process. You go to the dealer or lot knowing that you're buying a vehicle for daily use, and armed with a list of financing options, and features you cannot (or will not) live without. You might haggle a bit with the salesperson, just to be sure you're getting the best deal available, but in the end you'll walk out – or drive away – with pretty much exactly what you planned.

Purchasing a classic car is not quite as simple. Oh, there's still the list of features, and there are still financing options to consider (generally cash, check or charge), and there may even be some haggling, but before you do that, there are certain key factors that must be decided in advance. Let's discuss them.

Purpose
Before you look at any cars, make a list of why you're buying a classic vehicle. Are you going to drive it every day, or only once in a while? Will this be an investment, or mere transportation? Do you want something you can restore yourself, or do you want a car that has already been fixed up and tricked out? Do you plan to enter competition? If you do, bear in mind that you'll have to find a vehicle that is completely original, and you'll be spending more money for it, than for something you just want to drive on Sunday afternoons. It's important to address all these issues before you even narrow down your choices, because they may impact what you spend and where you look. If you have a specific model you're dying to have, great – try to focus on a specific year for that model (for example, the 1978 MG B). This will not only help your search for vehicles but it will also help you in your research.

Research
Once you've chosen your dream car (that 1978 MG B again), research it to death. Learn if there are any known issues, or recalls associated with the model in general. Were they resolved? If so, how? Many classic European cars had problems with their electrical systems, for example, so when you find one, be sure everything is in working order. You might also want to find a classic car club or owners group for the model you're in search of, and seek their advice. People who actually have experience with the same car you are looking for can be invaluable assets when shopping for an antique vehicle or vintage car.

Check it Out
You've determined the purpose of your classic car, and you've researched the model you really want, and finally you've identified a car you're willing to buy. Now what? Well, you should definitely run a vehicle history report on it, to assure yourself that it is not a stolen vehicle, and to find out how many owners it has had. You can do this online, for anywhere from $29 to $75 dollars, depending on the services you choose, and the depth of the search. You will need the VIN number for this. You should ALSO have a vehicle appraiser look at the car, not just to certify that you are paying a fair price, but to determine if there is evidence of an accident, or if the transmission or engine (or any number of other important components) are original or not. Replacement parts greatly affect the value of the car, but knowing the condition and having it gone over by an expert is equally important, and may save you money down the line.

Owning a classic car can be both fun and lucrative (if you resell, or enter competitions), so please keep this advice in mind whether you are looking for your first antique auto or if you have a garage full of vintage vehicles. One final piece of advice, though? Trust your gut. If at any time something feels wrong, stop any negotiations, and step away. No car is worth more than your own peace of mind.

Source: http://www.Free-Articles-Zone.com