Just about every place you live and drive a vehicle means you’ll have to have some type of car insurance. While you may be a person that thinks nothing will ever happen; think again. Whether it’s a minor fender bender or a huge accident, police will want to check for proof of coverage. If you don’t have it, you’ll not only have to worry about all your pain, suffering and damages from the accident, you’ll also need to pay a fine. So save yourself some cash and frustration and get yourself covered.
But most of these tourists, college students and businesspeople have one thing in common: they are drivers. An intricate web of roads interconnects the busy pockets of the city, sprawling from A to B. These are nearly always busy with people hurrying from here to there. Unfortunately, more drivers means more potential accidents. Whether a simple fender-bender or a full-on car-totaling collision, wrecks are a hassle busy San Antonio drivers don’t need.
When you purchase a car, its value goes down almost instantly. This isn’t usually a huge problem as long as you’ve already paid off the car. However, if you purchased it on finance and still owe money, you could be left short in the event of an accident. Gap insurance is designed to cover the gap between what your insurer will pay out on a mercedes 300d, and what you still owe on finance.
Some policies provide for replacement of the vehicle if lost or damaged within a specified period. This period varies between one and three years. The policy promises that if the vehicle was purchased new by the client, and loss or damage occurs resulting in a total loss, the insurer will replace the lost vehicle with a new vehicle of the same make, model and series.
Check for paint over spray on the door hinges or weather stripping, as well a chrome accessories and lens covers. Overspray might also be present within the wheel wells, engine wells, and trunk. This is usually a sign of very poor body work.
Try and determine water level: You must look at water marks and debris to determine how much of the car was submerged. Insurance companies consider the car totaled if the water is above a certain level.
Because I was once a commodities broker, I witnessed first hand the reckless way that most people handle their money. In fact, I had the unique perspective of watching just how crazy people would get with their trading. Read this carefully: THE AVERAGE LIFE OF A CLIENT THAT WAS TRADING THEIR OWN ACCOUNT WAS ABOUT 3 MONTHS!!! 3 months and they were toast! And absolutely the most common, number one reason they got blown out was because of poor or non-existing money management.
The car insurance quotes you get depend on this one too. The more they catch you speeding, the higher the quotes, etc. And it stands to reason: statistically, people with blemished driving records have more accidents than people with clean ones.
