Generally, car insurance covers the vehicle owned by the policyholder. Sometimes, however, you can buy a policy for a car you don’t own.
A few instances where you can buy car insurance without being a registered owner include:
Depending on your circumstances (mentioned above), you can choose one of the following options to insure a non-owned car:
If you live with the car owner, you can include yourself as a driver on their policy rather than buying a separate insurance policy. If you don’t live with the car owner and use their car occasionally, you can add yourself as a “permissive use” driver.
In case you are a caretaker and the car owner is an employer, not a family member, you can be listed as a primary driver to their policy. Likewise, if your employer doesn’t have a valid driver’s license or doesn’t drive, they can be listed as the owner in the policy rather than a driver, and you can be added to their coverage.
Adding your name to the title or registration gives you “insurable interest,” meaning you have the right to buy insurance to save the vehicle from damage/loss.
If you are the car’s co-owner, you can be listed as the “additional insured” to the policy. Additionally, if you drive your parents’ car but reside elsewhere, you should have your name added to the title or registration to purchase a separate insurance policy.
If you buy a car from a private seller with an installment plan, they may keep the title until the full amount is paid. Nevertheless, you can ask them whether they can transfer the title to you to help you buy a car insurance policy. In these cases, the seller can be listed as a lienholder on the title.
You can buy car insurance in your name by adding the car owner as an additional interest (meaning they have a stake in the vehicle and should be notified about policy changes) to your policy. Though it keeps the vehicle owner involved, only some insurance companies offer policies this way, so check with your provider for more clarity.
A non-owner policy provides supplemental coverage (secondary to what’s owned by the owner) when you drive borrowed/rented vehicles. For example, if the car owner’s coverage limits are inadequate to satisfy a liability suit, it offers compensation for at-fault incidents.
Because no car is named on the insurance, collision and comprehensive coverage will be unavailable. You cannot buy the policy if you frequently use a non-owned car.
In the U.S., the average rate of auto and homeowners insurance depends on various factors- some of which are expected while others might be a surprise for you. Understanding these factors with which the insurers calculate your rates will aid you in navigating the different insurance providers and coverage alternatives available to you. Learn more about the various factors affecting your auto and homeowners insurance rates in this infographic presented by Travelers.
Despite providing refunds to customers in billions, car insurance profits have increased during the pandemic, with only a few drivers on road, causing the number of accident-related claims to drop dramatically. Even with increased profits, auto insurance companies are likely to increase premiums due to pandemic-induced supply-chain and labor shortages, high demand for new and used cars, careless driving, etc.
A semiconductor shortage and increased demand from drivers have increased the cost of new and used cars.
The cost of repairing cars has also increased due to the shortage of auto supplies and increased use of advanced driver assistance systems (ADAS). ADAS includes expensive and difficult-to-fix sensors and cameras to assist drivers while parking and driving. Therefore, even a minor accident can lead to costly repair bills, increasing claim amounts. Besides, the shortage of auto mechanics will also contribute to increased repair costs.
Car accidents caused by distracted driving have been increasing for years. According to the National Highway Traffic Safety Administration, distracted driving-related accidents have contributed to 9% of deaths in 2019. The National Association of Insurance Commissioners has labeled distracted driving an epidemic in America.
Driving faster has become usual after the pandemic, further increasing the possibility of car accidents. According to the US Department of Transportation, 38,680 people died in car crashes in 2020, which is the highest number of accident-related deaths since 2007.
As pandemic-related restrictions have been removed in most states, more drivers are back on the road. This means the number of auto accident claims is likely to increase, triggering increased premium rates in 2022.
Despite the reason for an increase in premiums, you can save on your car insurance with the following tips:
Some insurance companies offer discounts for taking a defensive driver course, having a clean driving record, paying premiums on time, etc. You can check with your provider whether they offer any such discounts.
Review your auto insurance policy every year and exclude any unwanted coverages. For example, collision and comprehensive coverages are not needed for an older car, as they pay only the current market value minus deductible if the car is totaled.
Your auto insurance premiums will decrease if you pay a higher deductible (out-of-pocket costs) for claims.
At Abatelli Insurance Group, we customize auto insurance policies according to your specific coverage requirements and budget. Get a quote online or contact us today to get a personalized car insurance policy.
With every technological update, car thieves become more ingenious and adopt new tactics to steal cars. Car theft is a situation no one is ever prepared for. According to the Insurance Information Institute, $6.4 billion were lost to motor vehicle theft in 2018. Keeping these statistics in mind, it is important to take active steps to prevent your car from being stolen.
Some car thieves use certain devices to intercept the signals from your car keys surreptitiously. When they get hold of these signals, they gain access to your car and steal it. Therefore, you should wrap your car keys in metallic items like aluminum foil to block the signals and protect your car from relay attacks.
Another method of protecting your car from theft is to etch your VIN number on your car window and mirror. This method is inexpensive, but it will discourage potential car thieves as they will have to change the window and mirror.
When you have to park your car in a seemingly unsafe place, make sure to keep an old phone switched on and hidden in the car. Also, ensure that the phone is synced with your Google account and connected to Wi-Fi at all times. This will help you track your car easily using the “Find my phone” feature.
Another efficient but inexpensive method of preventing car theft is to pull a spark plug. Any car needs a spark on its cylinder to “come alive.” By pulling the spark plug, the spark won’t be supplied to the cylinder, and the ignition won’t be initiated. This method is effective in places where criminals cannot open the hood to identify the problem.
One of the easiest ways to prevent thieves from stealing your car is to lock its doors. Therefore, even if you are running an errand and will be absent only for a few minutes, make sure to always lock your car doors.
Nefarious activities like car thefts can be easily executed under the cover of darkness. Therefore, always make sure to park your car in a well-lit space to avoid all chances of theft.
Some thieves are not interested in your car but its contents. Therefore, by emptying it of valuables, like jewelry, gadgets, and other expensive items, you will make your car less susceptible to thefts.
Car theft is a common crime in the United States. Unfortunately, despite following the tips mentioned above, your car can still be stolen. The only thing close to total protection is getting your car insured. If you would like to know more about the right coverage for your car, reach out to our experts at Abatelli Insurance. Our team of professionals can help you with your car insurance needs. Contact us today to get started.
Finding the right auto insurance policy can be a lengthy process. There are various factors that help decide your premium, including your driving history. In addition, there are other variables at play that you may not be fully aware of.
While you may think it’s a good idea to reduce or eliminate coverage to help reduce your auto insurance premium, you must look at all of the factors involved that impact the cost of your premium. Here is a thorough overview of the factors involved in calculating your auto insurance so that you can make an informed decision.
Certain vehicles cost more to insure. A common example is luxury vehicles that often come with custom accessories that are expensive to replace if damaged. Therefore, driving a luxury vehicle will raise your auto insurance premium. High-risk vehicles are also difficult to ensure. These are vehicles where the likelihood of you being in an accident or your vehicle being vandalized is relatively high. In this current age of technology, many of the recent vehicles are made with innovative security features such as anti-theft devices or anti-lock brakes. If you have these features installed in your vehicle, you may qualify for a lower premium. Research shows that vehicles created with high-quality security features are less likely to suffer serious damage.
Your driving record is considered when figuring out your auto insurance rates. If you have a good driving record, it should be easy for you to find a great auto insurance policy. If you have been in a few accidents, you are going to pay a higher premium. If you have one parking or speeding ticket on your driving record, your rates will stay relatively unchanged. However, try to avoid receiving multiple tickets. If you are an inexperienced driver, you’ll have to pay more for insurance until you can develop a reputation as a good driver.
Insurance companies will look at how much you use your car. If you drive your vehicle regularly, that will impact your auto insurance rates. If you have a lot of miles on your vehicle, insurers may believe that you are a high-risk driver. On the other hand, if you only use your vehicle a few times a week, you should be able to find relatively lower rates.
Your neighborhood does impact your auto insurance premium. If you are staying in a neighborhood with a high rate of accidents and potential theft, you’ll have to pay more for auto insurance. Generally, staying in an urban neighborhood means you will pay slightly higher premiums than staying in a rural area. Where you park your car also impacts your premium. Parking your car in a garage is considered safer, and as a result, your premium will be lower.
All auto insurance policies include liability coverage. You have the option to choose whether you want collision coverage, which protects your vehicle if it’s damaged in an accident, or comprehensive coverage, which covers your vehicle in multiple scenarios. If you opt for comprehensive coverage, your premiums will be a little higher. Your deductible also impacts the amount of your premium. It is the amount you will have to pay out of pocket before your insurer handles a claim.
As you can see, there are multiple variables that help determine your auto insurance rates. If you are looking for a reliable insurer for your car in Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York, you can check us out at Abatelli . We will help you find a suitable insurance policy for your car in no time. Contact us today!
Summertime is almost here! With the weather heating up and the days getting longer, many people go on holiday and take time off work to enjoy the summer sun. While the crowds out and about increase, so does the traffic. The more people on the roads and streets can make driving a challenge. To help you keep your summer driving safe, check out these safety tips and review your auto insurance!
In your neighborhood, on city streets, in parking lots, and near the beach, people are outdoors more often in the summer. Many are more focused on their enjoyment than on personal safety, too. Be aware that children will soon be out of school, and may be playing in the neighborhood streets. It’s up to you to slow down in summer and stay alert.
Bicycles and Motorbikes
Summer is the perfect time to ride a bike – motorcycle or push! Pay attention to bikes approaching and take extra care in areas that attract cyclists.
The sun’s glare is especially bright in summer, making it harder for you to see what’s in front of you while driving. Always have your sunglasses handy when driving into the sun, and be ready to flip down the visor. Quite simply, if you can’t see what’s in front of you, slow down!
Don’t forget about the dangers of parking! Even if you’re just popping out for a minute, it is never acceptable to leave a child or pet inside a locked car on a hot day. Anyone inside the vehicle is vulnerable to injury or even death from heatstroke. At an outside air temperature of 60 degrees, a car’s interior temperature can reach 110 within minutes. Take your child or pet in with you, and never risk it – even for a couple of minutes!
Driving is a privilege we all take for granted. Make sure that drive safely this season for the sake of yourself and passengers. Make sure that your car is protected with the right auto insurance policy. Contact Abatelli Group, Inc. for a proper quote on your insurance needs.
Your auto insurance policy is directly linked to your life and your habits. If your life experiences major change, you can expect that change to reverberate to your insurance premium. It’s true with auto insurance, homeowners insurance, and just about all forms of insurance out there. Knowing what changes in your life can bring auto insurance premium changes can be helpful when confronted with choice. Here are a few things that can affect your auto insurance premium.
Changes in your life may cause an increase in your policy, but that does not mean you should go uninsured: it’s not only illegal, it’s reckless. Make sure that your car is protected with the right auto insurance policy. Contact Abatelli Group, Inc. for a proper quote on your insurance needs.
The winter brings snow and ice, which may be beautiful for a National Geographic nature documentary, but it is nothing short of annoying and dangerous when it comes to driving. The winter roads become a lot more dangerous when snow falls and ice forms, but there are some steps you can take to lower your chances of an accident. Here are a few winter driving safety tips you can use to help you stay safe while you drive during the winter.
Your tires are not made for gaining traction in the snow and can slip and slide at any given moment. Make sure that you are prepared and install your snow tires before the first snow of winter falls.
As the cold temperatures arrive, your tire pressure will lessen. This is because of the ideal gas law which states that as temperature drops, pressure follows. It applies to the atmosphere, your tires, and, yes, even footballs. Ensure that your tire pressure is at the optimal level, especially during the winter; refer to the owner’s manual to know your car’s recommended psi.
Windows & Mirrors
If you park your car outside overnight, you will have ice that condensates onto your windshields and mirrors. Invest in an ice scraper to scrape the ice in the morning. You can turn on your car and start the heat for about five minutes to simplify this task.
With ice on the roads, it’s important that you leave plenty of space between you and the car in front of you. That way, you will have plenty of time and space to come to a full stop should the other car come to a sudden stop.