U.S. auto insurance instances of several useful reference

U.S. auto insurance instances of several useful reference
After each car owners to buy the car, buy car insurance will face problems: choose which the insurance company, to buy what kind of risks the most appropriate and save money.In Houston, Mr. Gong and Greta garbo Sir Buy car insurance has certain representativeness.

Mr. Gong a car insuranceMr. Gong is a green card residents, the home has 2000 Toyota sienna seven MPV and modern 2007 sonata sedan each one.He bought the sienna bodily injury liability insurance, property damage liability and the "no insurance or lack of driver risks" of bodily injury insurance;To buy insurance in addition to the above three kinds of sonata, and also buy the "no insurance or lack of driver risks" of property loss danger, car and crashed car insurance against all risks.That is to say, he made for the sonata "all risks", votes for the sienna "protect" (see chart 1).Annual two cars and $2008 of $600 and $300 respectively.

Why do you choose to plant?Mr. Gong said, si?Pride enna took seven years and is worthless, for "protect" is enough;And sonata is using a bank loan to buy a new car, the bank requires "all risks".He also told me that in the United States when very little income, is very old car, so only "half" bao (only buy two national compulsory liability insurance), so most of the other students.Greta garbo a car insurance

Greta garbo couple is green residents, now has 2005 Toyota camry and corolla each one.They buy a car, although no bank loans, still for the two cars "all risks".In 2007, the two car insurance premium expenditure of $1157 ($576, $576 camry, corolla).No accident compensation for 2007, 2007 insurance not only did not increase (due to inflation, the insurance premium is usually rises year by year), instead of just $1085, as shown in the table 2.

 Greta garbo Mr Rui told me that he bought in 2005 for the car insurance according to the local minimum insured, next year is going to increase the coverage, one thousand major liability accident, otherwise will be very heavy burden on individuals.When I asked him, "why? Most people buy local no insurance or lack of drivers' risk ', but not to buy their 'personal injury insurance", he said: the Houston area there are a lot of illegal migrant workers from Latin America, driving many of them did not buy insurance risks, the locals to "self-preservation", had to be on the "no insurance or lack of drivers risks".As to not buy "personal injury insurance", is often considered himself has bought medical insurance or other insurance on his life.

Franchise "is the key to the insurance companyMr. Gong and Mr Greta garbo red "all risks" 3 cars, each car insurance after the dollar a year, compared with its coverage, the insurance "value" is quite high.In addition to driving their insured vehicle, they are outside the taxi drive also need not buy insurance for leased vehicles in the other.Because of car insurance loss ratio is higher, it is said that the United States department of the automobile insurance business of insurance company often small profit even without business."But not" buy sell, the insurance company has its own doorway to make money