Lake Highlands car insurance Archives - Page 2 of 17

Car Insurance Answers for Nesters, Boomerangs and Parental Gifts

ver the past three weeks, I’ve been faced with three interesting scenarios involving young adults and how to handle their car insurance. There was the adult who hadn’t left the nest, the boomerang, and the one who’s married and out of their parents’ home but received the gift of a car from the parents. Each presented its own uniqueness in addressing who purchases the car insurance, however there was one commonality that everything hinged on. Let’s look at each one.

Car Insurance and When You Get Your First Driver License

I had an interesting discussion with a client the other day regarding quoting their car insurance. The parents have a daughter and son attending college and the family just recently purchased a new vehicle that will be used primarily by the daughter. What’s worth noting is neither the daughter nor the son has a driver’s license. They have their permit, but neither one their license and they are 21 and 19.

What’s in a Car Insurance Policy?

Over 90% of the prospective clients I talk with have never had an explanation of what’s contained in a car insurance policy. In other words, they are paying for something without understanding what they’re paying for or why. Such was the case when I met with a mom and her adult son to review car insurance quotes I’d prepared for them. Below is an outline of what I presented and what may help you better understand what you have, don’t have, or could have.

Liability, Autonomous Vehicles, and the Death of a Pedestrian

Earlier this week, a pedestrian was struck by an Uber vehicle operating in autonomous mode and died from her injuries. This if the first recorded fatality between a pedestrian and an autonomous vehicle, and it raises several interesting legal, liability, and even insurance related questions worth noting.

Car Insurance and The Problems with Excluding a Driver

There are a couple of major and minor drawbacks when anyone excludes a driver living in the household from a car insurance policy. The biggest two are what happens if the excluded driver drives a car(s) that is on the policy they are excluded from and is involved in an accident?

5 Car Insurance Trends for 2018

According to Ted Gramer, CEO of TrueMotion, a mobile telematics firm in Boston, the most seismic shift in car insurance since it began over 100 years and it’s occurring now. Gramer wrote an article on the 5 car insurance trends he sees either beginning or unfolding this year. The article was published by Insurance Journal and provides some interesting insight into changes many consumers will find interesting, refreshing, and possibly long overdue. I think his observations are worth sharing here.

2017’s Impact on Texas Car Insurance in 2018

The weather was a major story line in Texas and national news during 2017. As I mentioned on Tuesday’s post, north Texas was pounded by golf ball to baseball sized hail a couple of times last spring and early summer followed by Hurricane Harvey’s lashing and flooding rainfall of the Texas coast.

Car Insurance: Guidelines on When Your Kids Have Their Own

I was talking with a prospective client this week who has a daughter graduating later this month from a university in Texas. The question they were grappling with was whether to keep her on their car insurance that I would be quoting, or to have her get her own policy since she has a pretty nice job lined up. I run into this a few times a year and thought we’d examine how I suggest they approach the decision.

Car Insurance and Delivering Pizzas

I wrote a car insurance policy for a friend’s son last year. It’s an interesting story that’s worth retelling because most people aren’t aware that many car insurance companies won’t write a policy if you or one of your kids does this. You may surprised by this too!

Is a Car That’s Been Broken into a Car Insurance Claim?

A client texted me early Monday morning letting me know his car was broken into overnight. The good news was his car wasn’t stolen. What was stolen, though, was his wallet, watch, possibly his passport, a ring, and a few other items. His question was, did his car insurance policy cover this? He has “full” coverage policy on his car which results in a yes and no answer. Let’s look at the reasoning behind the two answers.

Tag: Lake Highlands car insurance

Car Insurance Answers for Nesters, Boomerangs and Parental Gifts

Car Insurance and When You Get Your First Driver License

What’s in a Car Insurance Policy?

Liability, Autonomous Vehicles, and the Death of a Pedestrian

Car Insurance and The Problems with Excluding a Driver

5 Car Insurance Trends for 2018

2017’s Impact on Texas Car Insurance in 2018

Car Insurance: Guidelines on When Your Kids Have Their Own

Car Insurance and Delivering Pizzas

Is a Car That’s Been Broken into a Car Insurance Claim?

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