Significant Auto Insurance

Weve covered the myriad of car insurance issues when you rent a car many times. One of the basic tenets of renting a car has always been that if you charge the rental to your credit card, its possible that you likely have sufficient insurance coverage between your normal auto policy and the coverage being offered by the card issuer. A new report by CreditCards.com indicates that it may be time to rethink that idea.

According to the report, car rental companies have begun adding extra fees ones theyve had on their rental agreements for years that they incur when a customer damages a rental car, such as fees for taking a rental car out of commission, which results in lost income for the rental agency.

These extra fees arent covered by anyone. Your auto insurance company will not pay them, as theyll only handle damages. An

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Even a small annual savings on car insurance can pay off over several years. There are many savings tips out there, but here are five ways you can save on your car insurance rates that you may have overlooked.

1. Multi-policy discounts for renters

Look for an insurance company that will give you a multi-policy discount for carrying both your auto and renters insurance with them. Home owners can usually save money by combining auto and home insurance policies together, but some companies will also extend multi-policy discounts to tenants who carry their renters insurance.

2. Keep up with the changes in your life

Small changes in your life could result in a discount, or a reduction in your car insurance premium. For example, if you’ve made the last payment on your auto loan, be sure to remove Guaranteed Auto Protection (GAP) coverage from your policy.

If your vehicle is stolen or involved in a wreck, GAP insurance covers the difference between a car’s actual and the amount you owe to the leasing or finance company.

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The Senate and House of Representatives in Wisconsin have approved a bill that would adjust a previous mandate for auto insurance premiums in the state. The bill serves as a reversal to a law that raised premiums and insurance rates for some drivers.

Bill Lowers State’s Liability Coverage Requirements

In 2009, a law was signed that raised the limits on the minimum amount of coverage people had to have. Premium costs were increased, making it challenging for many low-income drivers to afford coverage.

In an effort to lower rates, the minimum liability insurance coverage amounts were lowered so that drivers in the state are now required to carry $50,000 of coverage for accidents causing bodily injury or death for a single victim, $50,000 for numerous victims and $10,000 for property damage alone.

The limits had been raised, effective June 2010, to $50,000, $100,000 and $15,000, respectively.

Wisconsin Drivers Will Still Have to Carry Insurance

While coverage limits will be lowered, one portion of the bill will not change. T

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A recent survey of 20 councils in the UK revealed some worrying news for those looking to try everything they can to keep a hold of their cheap car insurance. Budget cuts have found that the vast majority of potholes left over from the bad weather last winter have literally been patched up. Short term measures have been taken to fill the hole but the cracks are already beginning to show… literally.

So why does this affect you? Well, if long term measures were put in place then cars would not run the risk of having a pothole breaking up under their tyres and thus causing damage to them. If this happens and an accident is caused then that will put up premiums but there is more cheap car insurance bad news. Whether or not you run into trouble with a pothole, insurers could put up premiums in response to the poor condition of the roads. Either way, make sure that you compare before settling for a policy to ensure that you do not pay too much.