CAR INSURANCE: November 2010

Tuesday, November 30, 2010

Choosing Car Insurance Tips

Choosing a car insurance is not easy. Especially in the midst of intense competition today. Almost all insurance companies have vehicle insurance products. Staying prospective customers choose which ones deserve to take. Therefore below we present some criteria in order not to incorrectly selected:

1.
Prospective customers do not dwell on the premium rates low. Because, in today's competition, many insurance companies slam prices, offers cheap premium rates. Though not necessarily a guarantee of service.
2.
See offer insurance packages. For example extensive collateral to how much. Because this area of security should be adjusted to the desire and ability to prospective customers.
3.
See also the network of the insurance company concerned. For example how many have a branch office or how many partners have a garage, so that there is a claim not wait long to repair the vehicle or vehicles reported missing.
4.
Could be asked first ease, facility, or what added value can be obtained when buying the policy in the company. For example, if there was a tow truck, a replacement car or a hotline service, mechanic services, ambulances and so forth. And, last but not least is easy to make changes and the facility in question.
5.
Consider also bonafiditas insurance companies. Do not get so there is a claim, the workshop did not have a partner. Therefore, many insurance companies claim they are the best. Whereas financial condition was very bad.

In addition to the above, there are several factors that should be considered in the process of selecting an insurance company included in selecting products. Things to remember that in choosing a private insurance company, then that should be considered in general are three factors.

First, the financial strength (security). Second, services (service). And third, the cost or burden. The financial strength of insurance related to the company's financial ability to fulfill its promise if the situation requires. It is important to know, because not a few insurance companies are looking at the flashy exterior. For example storey building, a vehicle that good directors. But when there claims from customers, the company can not pay.

In assessing the financial strength of this there are some benchmarks that need attention.
a.

Assets and liabilities. This can be seen from the financial balance sheet is published in the newspaper. See also, whether planted in the current investment or longterm. In terms of liability (ability to pay off liabilities) will look at the balance sheet, how the debts by reasuradur, how he fulfilled the obligation to pay claims, and so forth.

Indicators of net liabilities include equity (own capital) divided by net premiums `` (net premiums) of at least 50%. Own capital divided `` gross premiums (gross premiums) of at least 20%. Limits solvabilitasnya level, which looks from its own capital divided by net premiums of at least 10% and investment funds a minimum technical reserves divided by 100%.
b.
Underwriting Policy. On the balance sheet and annual report will be seen that the insurance is still a profit, or profit growth. This means that his policy underwiting good.
c.
Its underwriters. Insurance has personnel qualified or not. It is known from the profile companies that includes the underwriters him.

Services (service) is the extent to which the mirror of human resources at the company's qualified or not. Moreover, insurance companies are selling a service, so excellent service is the key. For example, the extent to which the speed of service in both the policy issue especially in the payment of compensation or claim.

In addition, about the service can actually be felt by the customer. Is this insurance company was absolutely the best service for its customers.

In this connection should also be questioned, whether this insurance company in reinsurance mereasuransikan first-class safety. This can be seen from its annual report. It is important to note, because if the company is not backed-up by reinsurance, the company is likely to be speculative in receiving the premiums.

The problem is how much the cost of expenses incurred by insurance companies in operation. If it is greater than the cost of income, then obviously the company is not efficient. If it's not efficient, it will end up losing money. And, if you continually lose money, certainly not healthy.

In this connection, could also see the price premiums. Compare the price of insurance premiums with other insurance. Where the quality really good.
Today the government has set a benchmark of health insurance (not the only one) is through mekanime RBC (Risk Base Caital). If his numbers of RBC, it means the company is valued in good condition. But we must not be fixed solely with RBC numbers. Because, can also be a large company that is doing great expansion like to open many branches, then his RBC numbers would be small.

Conversely, there is a small insurance company but never to expand, the RBC number was probably much greater.

Thus, RBC numbers can not be used as the only measure, whether the insurance company is healthy or not.

In this case, also noteworthy is the company's performance in two or three years. How big profits every year, how much the gross premiums they receive each year, how much additional capital and assets every year.

And, last but not least is how the company's management behavior for this. Is there a management company for this broken promise? Has this company experienced management and other defaults.

Source : translated from the insurance-mobil.com
(Excerpted from multiple sources)

What's The Difference With Antique Truck and Car Insurance?

Autor: peter1

It is difficult to define what antique means when dealing with insurance companies, and that is why it's a little difficult purchasing antique truck and car insurance. You have to make sure you have the auto insurance to meet your needs, although there are many companies that offer this insurance, you will have to put a bit of work into finding antique truck and car insurance that is right for you

There are two types of insurance you can find with antique automobile insurance companies and also classic collector auto insurance. The difference in the two of these is that most antique truck and car insurance doesn't allow the car or truck to be used for normal chores. Collector's auto insurance does, but only if you have a regular second daily car to drive and you can't use your collector car to go to or from work or to school.

In order to be eligible for special discounts on your antique truck and car insurance, your vehicle has to be defined as antique or vintage. It must be at least 30 years old. This makes life a bit easier for antique automobile insurancecompanies . As for other cars that arrived later and are loosely regarded as collectibles, then there is an auto insurance that can be obtained for these also.

There are a few ways to save if you're looking for antique truck or car insurance. Don't go for the full package of auto insurance if you're not taking your car on the road or if you don't use it at all and just have it for show. Although some antique automobile insurance is necessary you may not need all the auto insurance that you have.

To be sure of your needs talk to your automobile insurance company or check with several automobile insurance companies to make sure you are getting the best deal you possible can. You may end up with a discount depending on a few factors that could be the deal of a lifetime, so don't be afraid to shop around and find out what's out there for you that will meet your needs. Insurance companies can custom make a package for your antique truck and car insurance just for you.

There is antique truck and car insurance available, but only for antiques, and make sure that you know how you are going to use the vehicle.

Source: Free Articles

Sunday, November 28, 2010

Salaam Halal: Shariah-Based Car Insurance First in the UK

Today, the Muslim community in the UK can choose Shariah-based insurance for his vehicle. One insurance company in the UK, have automobile insurance product called "Salaam Halal".

Salaam Halal uses Takaful principles. This principle makes all members share the risks are balanced. Funds collected from the policyholders are stored in the form of Shariah investments. If at any time the policyholder filed a claim, the company pays the claim from the funds collected. Each end of the year, the funds collected are evaluated, if there is excess [surplus] will be distributed to policyholders in the form of a discount the next premium payment.

Actually, Salaam Halal was launched in mid 2008 and then, but just could
serving customers in 2009. Since the product was launched, the British public's enthusiasm is very large. Proved, in the first seven days Salam Halal launch site Moneysupermarket.com, the management has received more than 37 thousand comments and questions from the public.

Ahmed Hassan, one of his Muslim customers expressed excitement because finally he can follow the car insurance based on Shariah. "Salaam Halal Car Insurance for me to have a competitive price. But most important, is in line with Muslim beliefs, something that had never existed, "he said.

Principle Salaam Halal held that it also attracted non-Muslim citizens. Bradley Brandon-Cross, chief executive of Salaam Halal Insurance said, "What makes that unique is our principle stretcher. Has a very transparent process and an opportunity to profit again, this is very interesting customers, both Muslim and non-Muslims. "

To ensure that Salaam Halal actually implementing the principles of Shari'a, all activities, whether in the form of investment, operational, or administrative, overseen by a Sharia Supervisory Committee, an international organization consisting of scholars from various countries.

Salaam Halal presence complements the assumption that the UK has become one of the Islamic financial center in the world. Until now, there are four certificates held by the Islamic Bank of England. No other country in Europe that holds the certificate.

Saturday, November 27, 2010

Success Car Insurance Claims filed

Success Car Insurance Claims filed

No need to worry about the compensation procedure or insurance claims that said some people a bit convoluted. Perhaps it also makes you afraid for insurance. Though accidents, damage, and auto theft can happen to anyone, including you. Therefore, it is important to protect it by insuring the vehicle to a trusted insurance companies.

Here are some steps that can be done to launch and success of car insurance claims that you add:

1. Check the condition of the vehicle
If you have an accident, immediately pulled over to a safe place to check the condition of the vehicle. If any party injured, immediately contact authorities to help follow up the case of an accident. After that, make sure to exchange data and information with third parties involved in an accident, such as name, address, contact details and name of insurance company each. Do not forget to record the number of car and police vehicles, as well as contact numbers witnesses (if any).

2. Do not disconnect liable
And whatever you do, do not claim responsibility for the incident before being found guilty by the authorities, and do not offer to pay compensation to third parties prior to approve it because the insurance company can cancel your insurance claim. However, if the third party claimed responsibility for the incident, then it can be a profitable note. Create a letter accompanied by a written agreement with the stamp.

3. Take pictures of objects in the scene
If you have a camera or camera phone, use to take some pictures from the accident scene. Take close-ups from different angles showing the shooting damage to the vehicle. Record the time and the scene of the accident.

4. Report of insurance company
Report the incidence of accidents to the insurance company as soon as you experience it. You may be asked to relate details of the accident and filing a claim form. Each insurance company has its own policy on this matter. Generally, claims filing deadline no later than 3x24 hours after the incident, equipped with a number of supporting documents such as copies of vehicle registration, driver's license, insurance policies, and other documents.

5. Police
If you experience vehicle vandalism by the hands of ignorant or stolen, or an accident that occurred not because of your negligence (such as driving over the speed limit or under the influence of alcohol), then report the matter to the police to obtain a certificate or official report police.

6. Possible pay
Prior to making an insurance claim, remember that you probably will have to pay some costs, especially if the accident occurred due to your mistake. Therefore, do check in advance about what costs should be paid to re-read the insurance policy document, or directly contacting your insurance company.

However, if the incident occurred through no fault of you, or the claim is resolved by a third-party insurance company, then no charge should you spend.

7. Filing claims
After the claims filed, would have sent officers to check the insurance company the damage. If the vehicle needs repairs, the insurance company will appoint a specific repair shop to fix it. However, it is also possible that you as the insured party suggested another garage. But the claim filing process usually can last longer, especially if the insurance company objected to the estimated cost required to repair the vehicle.

8. Repairs
If an accident occurs due to third-party errors and claimed responsibility, then the insurance company must pay the damages. Procedures that you need to live the same with the above. However, if the third party is not insured then your insurance company to cover the cost of repairs.

9. Find out the failure of the claim
If the underlying claim was rejected by the insurance company, then find out what caused the failure of the claim by requesting a written statement. If you do not agree with the reasons for such rejection or feel unfairly treated, then do further talks with the insurance.

Author : Yulia Permata Sari
source : Translated from www.mediaindonesia.com

Friday, November 26, 2010

choosing a good car insurance by Triagus

Ingredients:
Inevitably, a prolonged economic crisis that happened, felt
difficult by almost all sectors of business activity. This condition becomes increasingly difficult, if the company had to bear the risks that might occur on the assets supporting activities. Therefore, now is the time to transfer risk to the insurance company as a guarantor risk. But choosing a car insurance sometimes tricky.

You're looking for and confused choosing car insurance?, Maybe these tips can be a bit under consideration do not forget I enclose information / quote for car insurance can be the mother / father learned:

Directions:

1. Quality:
Make sure the insurance first to be elected, including insurance categories have got prediket Best General Insurance, Indonesian Best Brand Award, Indonsian Customer Satisfaction Award. Because with this certification clearly shows that the insurance is reliable, trustworthy, and proven responsibility in serving the customer claim.

2. Cost Own Risk (Own Risk):
Sometimes back and forth to the repair shop insurance is also something that makes lazy customers, especially some of the insurance claim the system to apply to the payment of fees OR (Own Risk) or the risk itself is an average of Rp 100,000 .- one based on per event, per collision, and so of course it makes you be much burdened with the cost claim to pay OR if frequent back and forth to the shop insurance, not necessarily satisfying the customer's machine shop work done by the workshop for the mock or non-authorized. Sometimes the paint striped body image Betong make your car as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. It's good for a very busy and lazy Bulak insurance back to the workshop should select an insurance can receive 1 (one) claim it but a collection of some of the impact / collision events within different, so maybe in a year enough time to 1 garage insurance and pay a one time OR your car body back smoothly because the garage was done by a trusted or authorized repair shop (authorized). Save and efficient.

3. Claim Process:
As to the insurance claim process should be examined first, there are several car insurance when the customer receives the claim so convoluted it is to have it ready lah lah surveyornya wait, sometimes have to argue is the first survey. Yet sometimes take a few days just to wait for SPK (Work Warrant) issued the insurance to the repair shop could fix our cars. Things like this sometimes customers feel ignored and a lot of time to wait tebuang just a piece of paper / letter. Leave a process like this is already old, you should select an insurance claim is not complicated as fast less than 30 minutes of PRS was in your hands so you stay in the shop when determining insurance.

4. Work:
Many are applying some insurance rates cheap, but what if the result of the workshop was not qualified associates mock alias and not satisfying the customer. Sometimes even the paint of your car looks a mess, make your car body image as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. Pay attention to this and select the insurance with a trusted partner workshops and official (authorized). Remember that your vehicle is a valuable asset, do not Sepelekan using dubious insurance services just because the difference in price premiums just a few dollars

5. Spare Parts (Spare Parts):
Spare parts are the most important part in your car, make sure the insurance guarantee spare part that used the original with warranty. Be careful with insurance that does not guarantee this so fatal consequences.

6. Responsibility to Third Parties (TJH / TPL) and the PA (Personal Accident):
This feature should be observed carefully because at the time of the accident hit a motorcycle crash example sometimes - sometimes 3rd party even more severe damage than us. Here dipelukan role of this feature, we suggest you choose an insurance with the responsibility to the big three, so you are not burdened with extra costs. Likewise with personal accident protection features driver / passenger it is also very necessary. Select insurance which is included with this feature.

7. Free Service Protection 24 Hours:
This is a very, very important when we choose car insurance, car insurance that many rely on and provide cheap rates only protection but service was not satisfactory, no 24-hour service, no telephone service sometimes difficult to be reached even nothing is said, sometimes Sometimes the area is also very limited protection was sometimes only Jabotabek area only. Exiting the Jabotabek, you can not worry if there is a problem with your car like a strike on the highway due to a flat tire, need a crane, a key left in the car, run out of fuel, etc.. Leave this concern, select the insurance with 24-hour alert and wide area protection in Indonesia. So if you are touring out of town as far as to Medan or Bali not worry if there is a problem with your car. This feature needs to be considered for those of you who love to travel far (touring).

8. SRCC (Strike, Riot and Civil commotion - Riots, Strikes and Huru Hara & Flood):
This feature is highly recommended insurance that will ensure the risk resulting from a disturbance of public order committed by a group of people, and the actions the authorities in taking actions against such interference, whether related to the strike and counteraction to work, and civil unrest which took political bemotif. Also ensure the expansion of insurance losses caused by water overflowing out of the normal limits of the river, lakes, swamps, jebolnya floodgates, dams jebolnya, continuous rain that can not be accommodated by water channels. Damage due to flooding include damage to the interior, exterior, dashboard panels, mechanical, electrical and other damage to the insured vehicle bemotor. Select insurance already included this feature.

9. Flexibility In Payment:
Choose your car insurance premium payments flexible, can be done with cash, transfer, or credit card (Visa / Mastercard). This may help your financial management.

source : translated from http://triagus.multiply.com/recipes/item/16

Thursday, November 25, 2010

Choose Insurance Losses Right

You want to buy the insurance policy? Do not hurry. There are some things that need to be considered when determining what insurance products you want to use, either for yourself or for your employer. Some tips can help you.

1. Separate the items / objects in accordance with its economic calculation
Choose items that really need to be insured, so you have nothing to lose. For example, if you intend to take fire insurance for the house and household furniture, then you do not need to enter the computer and all the trimmings into the calculation. Why? Because the recovery value for the computer company is very low if compared at the time of the purchase value of the computer or be insured at the time.
Another example, you will take the insurance of motor vehicles (cars) on the company's assets. If the cars that will be insured are aged over 10 years, the economic cost of insurance premiums will be greater. Another case if the company can set their own / self-insurance on the vehicle's assets.

2. Identify goods / objects are clearly
You should first identify the goods / objects that will be insured. For example, the Toyota Corolla sedan in 1998. At the company, such as a garment factory and its machinery, generators and other equipment associated with the event factory.

3. Choose your insurance company with a good reputation
Do not be fooled by insurance companies that provide premium rate (the amount paid for a given protection unit) is low or high premium discount. If you do, can-can the insurance company can not claim complete payment when you make a claim against them.

4. Give information clearly
Give very clear description of the object you are insured to the insurance / insurance broker. Instead, ask-more complete information about the insurance products they offer. You can ask about the types of insurance, extensive warranties, rate premiums, deductibles (the amount of expenses you will pay before the insurance company began paying compensation), cut or claim procedures.

5. Ask the scope of insurance coverage (insurance coverage) is best
You should ask the most extensive insurance before the insurance guarantee insurance policy is issued.
For example, for fire insurance you can ask RSMD Fire Insurance 4.1.A or 4.1.B earthquake (earthquake) flood (flood). Property insurance for buildings, you can ask property covers all risks (PAR). If you want to insure your vehicle, ask your motor vehicle insurance covers all risks RSMD 4.1.A, etc..

6. Select a package of insurance products
Instead of just choosing one insurance product, you are encouraged to select one package at once. That way you will get discount facilities and better services. For example the purchase of home insurance (fire insurance) following cars (Car Insurance) and personal accident for family members.

7. Request system "First Loss Insurance"
Special coverage for objects that have a value / a very large number, for example over Rp 100 billion, have the system of "first loss insurance" to the insurance that the premium you pay is not too large.

8. Ask the system "Adjustable Policy"
Value / amount of insurance stock merchandise usually indicates a different volume every day or every month. To fix this, you can ask the system "adjustable policy". With this system you will pay premiums in accordance with the volume / transaction really have to do.

9. Read, thorough and asked
Read it carefully and examine the contents of the policy statements and articles, chapters. Ask about the procedures that will claim you did before agreeing to an insurance policy issuance.
If there are errors in writing, either on the object of insurance or other information, immediately notify the insurance company / insurance broker. They will soon issue a written improvement in the policy.

Once you have approved the issuance of the policy in question, ask for the original documents and copies of the policy, complete with a receipt as a sign of ownership and payment of insurance premiums

By: M. Ichsan, Insurance Republic
source : translated from asuransi-mobil.com (source : portalasuransi.com)

Wednesday, November 24, 2010

5 Tips For Efficient Driving Car

Having a private car does not always make profits for its users. How can that be? Yes if you do not know about your vehicle is. Therefore, the opportunity this time you will be presented with tips that must be very useful on how to drive a car with a frugal:

1. Buy a car whose company provides long-term warranty. Each item / any inanimate object must have a sophisticated security itself. There was a time the goods you buy that function will be reduced. Choosing a car that offers long-lasting guarantees is a wise decision.

2. When you want to buy a car, utility vehicle was purchased. As good as any vehicle that you have, but if it was just to show off to the boyfriend, work friends, or even a large family, you will experience difficulties themselves. Prioritizing the use of all because it is related to your needs to the vehicle.

3. Always buy a car that you can bear. Having a private vehicle that does not mean you'll spend less and less. Not necessarily because you have to set aside money to buy gasoline, vehicle insurance, and maintenance costs. If you do not notice it then occurred to him that you will experience a loss that may not be small in number.

4. Your vehicle insurance. Appropriate insurance and funds in accordance with the power you have is an advantage. Choose the insurance companies that provide more facilities in the lawyer-cover of your vehicle.

5. Purchase original spare parts at authorized dealers in your city. Although initially expensive, but by purchasing the official auto parts you actually have to save more money. Better quality than you have in the stores unofficial help you to not constantly changing your auto parts.
What can be taken from the tips outlined above this? That there are ways to save our vehicle. Congratulations to apply these tips in your life.

Tuesday, November 23, 2010

List of Car Insurance companies in North Carolina, USA

Monday, November 22, 2010

Car Insurance - How can you lower your premiums?

By: Michael Challiner

Many factors influence the premium for your Motor insurance policy. Your insurer will have asked you many questions whilst producing your quote - some of which will affect your premium and some will not. Below we discuss the key variables that are within the policyholder's control.

Consolidating policies
By insuring a number of vehicles with the same insurer, or by trying to take out home and life insurance through your car insurer, you may be able to secure a 'bulk buy' discount.

Location
A big influence on the cost of your car insurance is where you live. The chance of your car being broken into or stolen is a key concern for the insurer. More urban areas traditionally facing greater risk of theft and therefore tend to be more expensive than countryside locations.

Excess
By agreeing to pay a greater excess on each claim you can reduce your car insurance premiums. This is because you are reducing the liability of the insurer and therefore in return they are able to offer you a lower premium.

Your Vehicle
The cheaper and slower your vehicle the lower your premiums are likely to be. If you are looking to buy a new vehicle make sure you fully consider the cost of insurance - you may be able to buy the car but can you afford to run it?

Mileage
You can control your insurance premiums by restricting your annual mileage. However, be aware that if you exceed the restricted number of miles you'll then become uninsured!

Parking
Where you park your vehicle overnight is also very important to the insurers. If it is kept in a locked garage, you should be offered a lower premium than if you leave it unattended in the street.

Security
Security devices that prevent or hinder theft may also reduce your premium. Common examples include alarms and immobilisers, however, be aware that as we improve the quality of our security devices the thieves just become better at bypassing them.

No Claims Discount
Save up your no claims discount by avoiding making small claims upon your policy. After a set number of years, 4 or 5 typically, you'll often be offered the option to pay an additional small premium to protect your no claims bonus. This can prove very helpful if you subsequently end up having an accident.

Advanced driving skills
By taking an advanced driving course you may also be able to reduce your premiums. The Institute for Advanced Motorists and the Royal Society for Prevention of Accidents each offer membership which provides you with discounts for both the cost of driving courses and your car insurance premiums.

Two key variables NOT within the policyholder's control.

Your Sex
Women are statistically less likely to have an accident and, if they do, it's less likely to be serious. Because of these statistics women benefit from lower premiums. It is also worth noting that if you represent one half of a couple you should consider having the female as the primary driver with the male as the second driver.

Your Age
The older you are, the less likely you are to make a claim. As a result insurance companies charge lower premiums for more mature drivers.

One final piece of advice.
A large percentage of car insurance is now sold on the Internet. That's because it's convenient and cheap. Many insurers now give a further 10%-15% discount if you buy online.

Author Bio
Michael Challiner has 15 years experience in financial services marketing at senior level. Michael now works as the editor of www.life-assurance-bureau.co.uk/car-insurance/

Article Source: http://www.ArticleGeek.com - Free Website Content

Sunday, November 21, 2010

Why Cheap Car Insurance for Women?

"Woman driver!" Usually not a statement of praise. The truth is, though, the level of insurance, the board, is cheaper for women. That's a pretty big argument that maybe they are better drivers than men. The important point here, though, is that there is more than just sex to get cheap car insurance.

Why Cheap Car Insurance for Women - The simple reason is that the auto insurance industry to see women as less than the risk to ensure than men. Women tend to be safer drivers, taking fewer risks, and have fewer accidents. When women have their accident or injury likely to be small fender benders are not an accident that resulted in major damage or total vehicle.

Search For Cheaper Price - One of the best things one can do (male or female) is to shop around for the best insurance. The emergence of the Internet has made the process relatively easy. From the comfort and privacy in your own home you can shop various providers. There are even insurance rate comparison website available to further simplify the process. In addition, some companies offer up to 10% for online shopping.

Take advantage of the Woman's Cheaper Rate - If less expensive to ensure a woman driver, why not have a policy in his name and then make a man an insured driver on his policy? It will prove much cheaper than vice versa. If the policy is in the name of the person, adding a woman driver would tend to bring them down premium rates.

Some Tips to Reduce Premiums - Here are some ideas that could save everyone the extra money on their insurance rates.
1. Working on your driving record. Consider your driving habits. Remain within the legal speed limit, do not take risks, and give yourself plenty of time to get where you're going to go. A good driving record can significantly affect the price of insurance.
2. You can increase the deductible (the amount you pay first, before the insurance kicks in on the claim). Would be wise to have the amount of your deductible in savings just in case.
3. Can go for long periods of time without making a claim on your policy may be eligible to claim your discount without. Check with your insurance provider.
4. Discounts can also be given if the feature car immobilizer or a satellite tracking device.

Yes, cheaper car insurance for women than men, in general. There is, though, in ways that even greater discounts that can be achieved and for men to take advantage of cheaper prices of women.

List of Car Insurance companies in Mississippi, USA

Saturday, November 20, 2010

What You Need To Know About Automobile Accident Insurance Calculators

Considering that, as a matter of policy, automobile insurance companies do not reveal the methods and they use to rates for auto insurance, an automobile accident insurance is just a little bit illusory.

An auto accident insurance calculator is comprised of many factors that have to do with both the vehicle and the driver. Which factors and what weight they carry may vary quite a bit depending on the automobile insurance company.

Car insurance groups are a particularly important factor used to calculate insurance rates. Insurance rating groups determine to what extent the level of risk to insure members of a particular group deviates from a norm.

You're A 'Joiner' Whether You Think You Are Or Not

An insurance calculator would calculate higher rates for those with higher of risk and lower rates for those with lower levels.

Insurance rating groups might be categorized by age group, gender, credit scores, location of residence, and other factors, or a combination of several. Based on insurance rating groups, an automobile insurance company might be able to project the chances of a policyholder being in an automobile accident or of their putting their vehicle at risk in other ways; where they park, for instance.

When you apply for auto insurance, you are essentially applying for membership in a club, one of many insurance rating groups. You can't do anything about joining some of those clubs--the Young Males' Club or the Under-25 Club, for instance--but you can do something about being in the Good Drivers' Club, The I-Pay-My-Bills-On-Time Club, The My-Car-Gets-Parked-In-A-Garage Club, and others.

An insurance 'calculator' looks to see if your 'membership dues' are paid up in full, then determines your insurance rates accordingly.

List of Car Insurance companies in Montana, USA