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Insurance Advisors Blog: car

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To get a full perspective, when insurance companies are deciding what to charge for car insurance, they are basically trying to estimate the cost of claims the insurance company will pay down the road.  In trying to perfect this system, over the years insurance companies have found an array of factors that can be used as accurate indicators of future claim activities. READ MORE >>

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When you buy insurance for your car, most insurance companies will only insure the car for Actual Cash Value.  Actual Cash Value is decided by subtracting depreciation from what the car cost when new.  In many instances, a person may owe more money on their car than what the Actual Cash Value is, especially considering cars decline in value so quickly. READ MORE >>

Auto InsuranceInsurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. READ MORE >>

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