I’m moving to the east bay area and was thinking of buying a car here and then driving it there but I learned that I would still have to pay the difference on the tax. Also the problem of insurance comes up because insurance rates are much higher in california then at home. Any advice on buying a car or buying car insurance in pricey california would be helpful. Thanks!
I’m moving from Michigan
Recreational vehicles are a fun way to enjoy spending time outdoors. These type of vehicles can include a travel trailer, fifth wheel, camper, camper trailer, campervan, Caravan, or motor home. Much like a car, one has to consider what type of insurance policy they should buy for their recreational vehicle. The purpose of recreational vehicle insurance is to protect yourself and your vehicle from financial and other losses that may result in the event of an accident or other unexpected incident. When it comes to finding the right insurance for your recreational vehicle, you want to be well informed so you can make the right choice.
Recreational vehicle insurance (RV insurance) is a contract between the RV policyholder and an insurance company. The policyholder pays a specified premium, and the insurance company agrees to pay for any related losses as outlined in the policy.
RV insurance usually covers three key areas: damage to your own vehicle including your personal property, public liability, and medical coverage. Collision and comprehensive insurance pays for theft or damage to your RV. Liability insurance covers your legal obligations to others in the event of property damage or injuries that they may incur. Medical insurance coverage pays for the medical costs that can include hospitalization, rehabilitation, treatments, and sometimes loss of wages.
Before purchasing insurance you should consider the following:
1) If the recreational vehicle is not merely a camper built for the back of a pick-up truck, and can be driven by itself, then insurance can normally be acquired using your auto insurance provider
2) You should ask the insurance provider what kind of collision coverage is being offered. For instance, if the vehicle is destroyed by a fire, will you be able to replace it at its current market value? You may be required to pay a higher premium for this type of coverage.
3) You should consider purchasing personal liability insurance that covers a personal injury claim resulting from a road accident, as well as an accident that may take place while you are parked. You have to be protected if someone is injured while using the vehicle or in the location of the vehicle. Some homeowner’s insurance policies will cover this type of situation, especially with motor homes, but you should definitely inquire about this type of coverage. A $1, 000,000 liability coverage is a good choice because you want to make sure that you are completely covered.
4) You should also ask if your policy provides coverage in the event of vandalism or theft. The amount for personal property damage coverage in a RV insurance policy can sometimes be low. If you have valuables, you should increase your personal property insurance coverage to an amount that will replace them if they are damaged or stolen.
5) Inquire about any discounts that may be available. Insurance companies will offer discounts for good driving, anti-theft devices, multiple vehicles insured, non-smokers, and much more.
6) Inquire about added benefits such as roadside assistance, emergency vacation expense allowance, 24-hour emergency claims, discounts for older and safe drivers, and incentives associated with installing a Vehicle Anti-Theft System.
7) Ask the insurance agent if the coverage will cover another country such as in Canada or the US. You want to make sure you are covered in the event of an accident in another country.
Buying Recreational Vehicle insurance does not have to be a difficult and expensive task. You just need to do a little research and ask the right questions. It pays to shop around. Your aim is get the most coverage at the best price. It is important to make sure that you fully understand the RV insurance policy before you make the purchase.
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If you own a collector car or are thinking of buying a collector car, then you will want to insure your car. When looking for collector car insurance, there are several things that you should consider before purchasing the insurance.
There are actually three different types of car insurance coverage. Most of your everyday used cars are covered under the ACV (actual cash value) plan. There are a lot of collector car owners who insure their collector cars with this plan due to lack of knowledge of specialty programs that are designed for collectors. When you have an ACV plan the actual value of your car depreciates each year that your car gets older.
One of the specialty programs that you can choose is the Stated Value program. Not all insurance companies offer this program, but for those that do, this allows you to state the value of your collector car above depreciated book value. Even with Stated Value coverage, your car can still depreciate and claims will only cover up to the stated value of your car.
The other specialty program is Agreed Value. With Agreed Value coverage there is no car depreciation. In the event of an accident that results in a total loss of your car then the Agreed Value coverage guarantees that you will receive full value of your collector car.
Policy restrictions vary from state to state and agency to agency. There are also different restrictions with the different specialty programs. Some specialty programs only allow you to drive your collector car for a certain amount of miles per year, while others only allow you to drive your collector car in parades or car shows. Most specialty programs prohibit your collector car for commercial use. This includes public transportation, delivery, racing, and daily use.
Most specialty programs have an age limit for the driver that the program covers. A person who is 30 years old or older is the average age that is required for most programs, while some programs allow anyone over 21 years old.
Other things to consider with collector car insurance is that the specialty programs offer cheaper insurance rates than the normal insurance policies. Plus many insurance companies only require a one time liability fee even for multiple cars.
Some insurance companies offer an insurance plan for collector cars that are not driven but are being stored. This is much cheaper insurance because the car is never on the road. Keep in mind that with this type of coverage, you cannot take your car on the road, and if you do decide to take it for a drive, you will want to make sure that you change the type of coverage you have on it, even if it is only temporary.
The big thing to remember when you are shopping for collector car insurance is that you do want to have coverage for your collector car. You have spent time and money on your collector car and you take pride in it, so obviously you want to make sure it is covered in case of an accident. Also remember that no matter how safe of a driver you may be, an accident can still happen due to the fault of someone else.
For more insights and additional information about Collector Car Insurance as well as getting a free online car insurance quote, please visit our web site at http://www.tips-for-car-insurance.com
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