Regulators Advise on Weather-Related Auto Insurance Claims

Regulators have been issuing advisories to consumers on auto insurance coverages that will protect them from weather-related damages, and OnlineAutoInsurance.com allows consumers to easily compare prices for these types of coverage.

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Rancho Cucamonga, CA (PRWEB) December 1, 2010

With the holidays ushering in the winter and its hallmark snowstorms, insurance regulators in bad-weather states are advising consumers to prepare for the possibility of home and auto damage caused by those adverse weather conditions.

Practically all states require drivers to carry some form of auto-related bodily injury liability insurance as well as coverage for property damage liability. But what motorists may not know is that these types of protection go to pay for other parties’ damages that were caused by the policyholder — not for the damages that have been incurred by the policyholder. For financial protection for damages to an insured car that were caused by the policyholder or are the result of acts of nature, he or she must have comprehensive or collision coverage, which state governments do not require motorists to purchase.

Source: http://bit.ly/fcFpuM

Drivers who would like to buy these types of coverage can easily run a car insurance comparison online to evaluate prices from a variety of carriers. In addition, sites that allow users to save and edit quote forms can go back and see how premiums may fluctuate when the deductible is adjusted. By raising a deductible, a policyholder will have to pay more out-of-pocket in the event of an accident, but it may significantly lower a premium.

Whether the collision or comprehensive portion of a policy would cover a certain type of damage depends on the circumstances of the accident. Policyholders may want to speak with their agents to get more detailed information about their specific policies. Although it is impossible to check on every possible type of disaster to see if an insurance policy will provide protection, consumers can ask about the most common types of incidents and find out if they are covered.

To learn more about the different types of financial protection and to shop for a policy online, consumers can go to http://www.onlineautoinsurance.com/compare/ where visitors will be able to compare prices from a variety of carriers by using the free quote-comparison generator.

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