by TrueWay Insurance | Jul 5, 2019 | auto insurance quotes
In some states having auto insurance isn’t required. There are a number of places that will let you have alternatives to buying an insurance policy, which may sound like a good idea since it will save you from having to search to find the best auto or home insurance quotes out there. However, other people are raising their eyebrows over the issue and questioning whether or not this is actually helping or hurting you in the long wrong. Trueway Insurance in Lake Worth wants to make sure you have all of the information and details you need before hitting the road.
Understanding Auto Insurance Alternative and What They Mean For You
People spend an endless amount of time online searching for the best auto and home insurance quotes to make sure that they are getting the best deal out there, but what if you didn’t have to waste time anymore. Unlike homeowners insurance, most places require drivers to get car insurance. However, this is changing! There are now alternatives available to drivers, so they don’t have to buy an insurance policy.
The way these alternatives work is each state that decides to make these available to their residents come up with their own requirements. What this means, though, is the rules and requirements may change every time new legislation gets put into place. There are certain states throughout the U.S. where you don’t necessarily need car insurance, but you need to be able to prove that you have the financial means and resources to cover any costs that may be acquired because of an at-fault accident, however, if you’ve been arrested and found guilty of a DWI you may be required to have actual insurance. In Mississippi, there is minimum liability insurance that has been in effect since 2000. Drivers may be able to meet the requirements with just a cash or security deposit. Arizona has similar options available to their drivers where minimum insurance requirements are in place. If a driver doesn’t have insurance, they may also be able to prove financial responsibility with a $40,000 bond. If you reside in Virginia, you have the option of registering your car as an uninsured vehicle. When you choose to do this, there is an Uninsured Vehicle Fee of $500 that needs to be paid, and it is good for up to twelve months.
You may be wondering why liability insurance is such a big deal when it comes to covering drivers. The easiest way to think about insurance is to picture liability insurance as an umbrella that covers all expensive costs that can come with a car accident. Liability coverage will not only cover property, but it will also cover any personal injuries. A few years back, liability insurance covered almost $17,000 for bodily injuries and about $3,000 for property claims.
Contact Us For Home Insurance Quotes
Trueway is a leading auto insurance provider in the Lake Worth area. We are here to help our customers understand how to find cheap auto insurance as well as the measures they can take to ensure their cars are protected. If you’re tired of shopping around for home insurance quotes, call or visit us today for more information.
by TrueWay Insurance | Jun 11, 2019 | auto insurance quotes
When you begin to research information about auto insurance, you may find yourself confused rather quickly. It does not help that there is a lot of jargon and phrases that you are not familiar with. Here at Trueway Insurance, we are here to explain some general insurance terms to help you get a better understanding. When it comes to cheap auto insurance and car insurance quotes, we are the professionals you can count on. We are conveniently located in Palm Springs.
Auto Insurance Terms You Need To Know
- Aftermarket parts: Vehicle parts made by a different company than the one that manufactured those originally included with the vehicle.
- Bodily injury coverage: Covers expenses for physical injuries, such as hospital bills or medical care.
- Collision coverage: This pays for damage to a vehicle caused by you or someone else covered by your policy.
- Comprehensive coverage: If your vehicle is damaged by something you could not control, such as fire or a tree falling, comprehensive coverage applies.
- PIP (personal injury protection): This pays medical expenses for a policyholder or additional insured, and their passengers, if they are hurt in an auto accident, regardless of fault.
- Uninsured/underinsured motorist (UIM): Pays for your damages and expenses if another driver is at fault in an accident but does not have enough insurance to cover your costs.
Do not forget about these other general insurance terms that you need to know to get a better understanding:
- Actual cash value: This type of coverage pays according to what an item was worth at the time it was damaged—it takes the depreciation and wear and tear into account. For example, if you could have sold your couch for about $200 just before it was damaged, that’s the actual cash value, even if a similar new couch would cost $1,000.
- Actual replacement cost: This pays the amount it would cost to replace a damaged item with a new one (such as the $1,000 couch above). It does not factor in depreciation or wear and tear.
- Adjuster: A person who works for an insurance company to evaluate losses and settle claims.
- Additional insured: Someone who is not the policyholder, but is still covered by an insurance policy.
- Declarations page: This is what creates a contract between you and the insurance company. It describes who owns the policy, what property is covered and for how much, etc.
- Deductible: The amount you agree to pay out of pocket before your insurance coverage kicks in. For example, if the cost to fix your car is $2,000, but your deductible is $1,000, you would pay $1,000 of the total cost. Typically, a higher deductible means a lower premium.
- Endorsement: This is a change to your insurance policy’s coverage, usually made through a special form.
- Exclusion: Something specifically listed in your policy that is not covered by the policy.
- Liability: Your responsibility for injuries or damage to other people or property. You purchase insurance to protect against liability and other risks.
- Loss of use: When damage from an accident or other cause prevents someone from being able to live in their home or drive their car.
- Med Pay (medical payments): This pays for medical expenses for those covered by your policy in the event of an auto accident, regardless of fault. It also covers medical expenses for guests if they are injured on your property, but unless it is a car accident, it usually does not cover injuries someone suffers on their own property.
- Premium: The amount you pay for an insurance policy.
- Subrogation: When an insurance company pays a claim, and then seeks damages from a third party who was responsible for causing the damage or loss. For example, your insurance company might pay for your car to be fixed even though the accident wasn’t your fault—and then pursue reimbursement from the person who was at fault.
- Term: The period of time your insurance policy is in effect, usually six or 12 months.
- Umbrella: A policy that provides additional liability coverage. It kicks in after your other insurance policies have reached their coverage limits.
- Underwriting: The evaluation process insurance companies use to determine if they will provide coverage to a customer.
Get Cheap Auto Insurance From Us!
Trueway Insurance is an insurance company located in Lake Worth. We offer the best affordable insurance in Florida. This includes those looking for cheap auto insurance. We are here to provide quality for our customers because we believe in the power that insurance can have in any person’s life. If you are interested in learning more about what we can do for you or you have further questions regarding notaries and how they play a part in the insurance process, contact us. Take advantage of our car insurance quotes. We hope you find the information you need here but if not please give us a call at (561) 318-5540. Take advantage of one of the best insurance companies today!
by TrueWay Insurance | May 16, 2019 | auto insurance quotes
Some people think that if you find cheap auto insurance, then you are going to be sacrificing the coverage that you get, but this isn’t necessarily true. Trueway Insurance in the Lake Worth area is able to provide you with auto insurance quotes that won’t break the bank while giving you all the coverage you could need. Keep reading to learn more about how to lower your premium without giving up coverage.
How To Get Cheap Auto Insurance With All The Coverage You Need
Buying and maintaining a car isn’t a cheap thing to do, but it is necessary. That is why it’s essential to get a number of auto insurance quotes before deciding which one is right for you. However, one problem that many drivers run in to is that high premiums usually come along with many insurance policies. Although it is entirely impossible to get rid of premiums completely, there are a few ways you can save substantially on your premium cost. That is why it’s important to do your homework, shop around, and gather as much information as possible before purchasing any auto policy!
One of the easiest ways to cut down your premium costs is by making sure that your car has some of the latest and greatest security features. Despite the fact that there is always a chance your car can get broken into having these features in your vehicle is a great way to ease your insurance provider’s mind. For instance, a car with an engine cutoff system or anti-theft alarms is a lot less likely to be broken into or stolen. Also, cars with these alarms and systems are also less likely to be involved in an accident.
Another option to consider when you are trying to lower your premium is to look at your deductible. There is a direct correlation between deductibles and premiums, the higher your deductible, the lower your premium. However, you want to be careful that you don’t raise your deductible higher than you are comfortable with.
A lot of people look for garages when they are buying homes, but many people don’t actually use them for parking their cars. If you do have a garage parking your car inside, it could be a way to become eligible for a lower premium. That’s because according to research, cars that are parked inside a garage are less likely to be stolen, broken into, and they remain safer during extreme weather.
When you’re looking for new insurance, it is imperative that you shop around and don’t just go with the first provider you talk to or look into. Even if you get a fantastic rate with the first company, you try you want to make sure that you are looking at other providers and comparing the cost as well as the type of coverage you are receiving. Some providers may give you a lower price, but what they are covering may be significantly less than what another company is offering.
Contact Us For Auto Insurance Quotes
Trueway is a leading insurance provider in the Lake Worth area. We are here to help our customers understand how to find cheap auto insurance as well as the measures they can take to ensure their cars are protected. If you’re tired of shopping around for insurance quotes, call or visit us today for more information.
by TrueWay Insurance | Apr 22, 2019 | auto insurance quotes
Did you know that your auto insurance company will check your driving record before giving you a quote for a new policy? It doesn’t matter if you’re looking for personal or commercial auto insurance either, they will pull your driving record to see what your driving habits are. That’s why Trueway Insurance in Palm Springs thinks you should know how to check your driving record, so you don’t get any surprises when your insurance company tells you what they found. Keep reading to find out where to get information about your driving record and to learn what details the insurance company will see.
What Will Your Auto Insurance See When They Check Your Driving?
Your driving record shows information about your driving habits. It shows any accidents, moving violations, and tickets that you have open in the system. Your personal and commercial auto insurance will use this record to determine your policy and how much your insurance will cost you. That is why it’s critical to know what is on your record before they tell you.
In order to know what is on your driving record, you have to know where you can get a copy of it. The best way to obtain a copy of it is to go to your local Department of Motor Vehicles. If you go in person, they can easily print a copy for you to take the same day and keep for your records. Some states will also allow you to get a copy directly from their website, so you don’t have actually to go to the DMV. There will be a small fee to get a copy of your driving record, but that will vary depending on what state you’re in.
The information that you will see on your driving record is important to your insurance provider because it gives them insight into you as a driver and how safe you are. Some of the stuff that you may see is any points for moving violations, the status of your license (active, suspended, revoked), any accidents you were involved in, violations you got because of fines or convictions, and any DUI or DWI charges. As the years pass your driving record will change. For instance, if you got a moving violation for speeding, which added points to your license after a few years, the points will drop off, and they won’t show up anymore.
If you’re not paying attention to your driving record, it’s time to start. You don’t want to be stuck paying more than you should because of something that is on your record. If you know what’s on your record before applying for insurance, you can be prepared.
Contact A Commercial Auto Insurance Company
TrueWay is a leading insurance provider in the Palm Springs area. We are here to help our customers obtain affordable insurance and help our clients understand what the information on their driving record means. If you’re tired of getting an auto insurance quote from multiple providers, call or visit us today for more information.
by TrueWay Insurance | Mar 18, 2019 | auto insurance quotes, commercial auto insurance
Are you the owner of a business that actively uses vehicles in its daily functions? Finding the right company for commercial auto insurance can be tough. Luckily with Trueway Insurance, we offer the best auto insurance in Lake Worth. If you find yourself a little discouraged when it comes to what the best auto policies are, our professionals are here to help.
Check Out These 5 Tricks for The Best Auto Insurance
- Cognizances
- You’ve got to be mindful of the different kinds of truck insurance. While there are numerous factors to consider when insuring your truck, commercial vehicle insurance can be broken down into 4 main types:
- Liability insurance – this is the mandatory insurance which pays for any damage you cause while utilizing your truck. Driving without this insurance is illegal and may cause heavy penalties.
- Physical damage coverage – not really a legal requirement, yet this insurance covers your truck against perils like fire, theft, and flood damage.
- Cargo – this insurance covers the contents you’re carrying. It isn’t really required however some shipping companies will require it.
- Bobtail insurance – also referred to as non-trucking liability, A term created applying to auto liability i nsurance for an owner/operator after a load has been delivered while your truck is not being used for trucking purposes.
- The Basics.
- The information you’ll need to acquire commercial truck insurance. Even just getting set up with truck insurance might be a tricky process, though it’ll be a little smoother when you furnish as much information as is feasible. Some insurance companies will give you a quote without having the following information, but they will need proof of this data before you can actually purchase coverage.
- Your current insurance coverage declarations page.
- Drivers license numbers and basic driving records of all drivers, including all tickets.
- VIN numbers of each vehicle, including a rundown of safety and security features on each truck.
- If there’s any information you simply can’t find, some companies will provide you with a quote based on your estimations. However, the quote will change when they inevitably determine the facts.
- The Factors.
- The key factors affecting commercial vehicle premiums. To a degree, you possibly can control some of the essential factors which govern your truck’s insurance costs. The key issues which come into play include:
- Driving record
- Garaging location
- Limit of liability insurance required.
- Methodology.
- Methods used to save money on commercial insurance. There are a few key do’s and don’ts for saving money on your insurance, but maybe the best recommendation is, to be honest regardless of how tempting it could be to overstate the value of your truck or forget to mention a speeding ticket. Some truckers even overstate the price of their vehicles hoping that they will get a good deal if anything happened to it. That is not how insurance works. Your insurer will discover just how much it would cost to obtain a comparable replacement. Should you say that your truck is worth more than it is, then you are more likely to over-pay for your coverage.
- ICC (Interstate Commerce Commission) authorities and MC (Motor Carrier) numbers.
- You will need to get an MC number from your ICC authority before you ship goods across state lines. In order to obtain one, your bodily injury and property damage insurance coverage will need to meet the prerequisites based on weight and class of your vehicle as well as the loads you’ll be carrying.
- For vehicles with a Gross Vehicle Weight rating of 10,001 pounds or higher:
- $750,000 for general, non hazardous commodities.
- $1,000,000 for hazardous freight except for class A and class B explosives.
- $5,000,000 for class A and class B explosives.
- Non-hazardous freight under 10,000 lbs requires a $300,000 minimum.
Call Us About Commercial Auto Insurance Today
Trueway Insurance is an insurance company located in Lake Worth. We offer the best auto insurance and commercial auto insurance quotes. This includes those looking for cheap car insurance. We are here to provide quality for our customers because we believe in the power that insurance can have in any person’s life. If you are interested in learning more about what we can do for you or you have further questions regarding notaries and how they play a part in the insurance process, contact us. We hope you find the information you need here but if not please give us a call at (561) 318-5540. Get an auto insurance quote today!
by TrueWay Insurance | Mar 1, 2019 | auto insurance quotes
Think of the car you currently own. When you look over all the safety features, does it seem like it is safe? How do you think it ranks in comparison to all the other cars out there? At Trueway Insurance, we want you to be fully aware of your cars safety ratings. But how do you go about finding out this information? Do not worry. The best auto insurance has you covered. We also offer the best auto insurance quotes.
Do You Know What IIHS Stands For?
The Insurance Institute for Highway Safety (IIHS) is an independent, nonprofit scientific and educational organization dedicated to reducing the losses, deaths, injuries, and property damage from motor vehicle crashes.
The Highway Loss Data Institute (HLDI) shares and supports this mission through scientific studies of insurance data representing the human and economic losses resulting from the ownership and operation of different types of vehicles and by publishing insurance loss results by vehicle make and model.
Auto insurers and insurance associations wholly support both organizations.
The Best Auto Insurance Comes Second To Safety
Safety is and always has been a top priority to all of us at Trueway Insurance. Accidents happen and are not always avoidable, but fortunately, more car producers are increasing their safety standards. Companies like the IIHS, run various crash tests to evaluate the safety of new cars each year and rate them accordingly. Grouping vehicles into two groups, the TOP SAFETY PICK+ award winners earn the highest rating for passenger-side protection in a small overlap front crash and have good-rated available headlights.
The 2019 List For The Safest Cars
Did your car make it on the list of the world’s safest vehicles? Check out the safest vehicles listed below:
- Small cars
- Honda Insight (sedan only)
- Hyundai Elantra
- Kia Forte
- Kia Niro hybrid
- Kia Niro Plug-In Hybrid
- Subaru Crosstrek
- Subaru Impreza (sedan only)
- Subaru Impreza (wagon)
- Subaru WRX
- Midsize cars
- Hyundai Sonata
- Kia Optima
- Subaru Legacy
- Subaru Outback
- Toyota Camry
- Midsize luxury cars
- Genesis G70
- Lexus ES
- Large car
- Toyota Avalon (built after September 2018)
- Large luxury cars
- BMW 5 series
- Genesis G80
- Genesis G90
- Mercedes-Benz E-Class (sedan only)
- Midsize SUV
- Hyundai Santa Fe
- Kia Sorento
- Subaru Ascent
- Midsize luxury SUV
- Acura RDX
- BMW X3
- Mercedes-Benz GLC
- Mercedes-Benz GLE-Class
Call Us Today
Trueway Insurance is an insurance company located in Lake Worth. We offer the best auto insurance and auto insurance quotes. This includes those looking for cheap car insurance. We are here to provide quality for our customers because we believe in the power that insurance can have in any person’s life. If you are interested in learning more about what we can do for you or you have further questions regarding notaries and how they play a part in the insurance process, contact us. We hope you find the information you need here but if not please give us a call at (561) 318-5540. Get an auto insurance quotes today!
