Archives: 2008 July

The amount of insurance you will need will always be determined to late, once you have an accident. To try to understand how to protect yourself, you first need to know what your liability insurance will cover. It is always broken up in two parts bodily injury and property damage liability.

Bodily injury liability covers just that, injuries that are caused do to an auto accident:

1. Emergency aid at the scene

2. Medical expenses for bodily injury

3. Compensation for loss of income

4. Final expenses

5. Lawyer Fees

Property damage liability makes the damage that is cause due to an automobile accident.

1. Homes, building, etc that receive structural damage

2. Restauration cost for other immobile objects

3. Vehicle repair or replacement costs

So now the question is what limits of coverage do I need? Each state has there own minimum guidelines. Usually around $15,000/$30,000 $15,000 but that will vary by state. When you look at the coverage’s I just wrote down you might be thinking there are three numbers there not two I don’t understand. Bodily injury liability coverage comes in two forms either split limit coverage which is shown above or single limit coverage.

Single vs split limit: In example above of 15,000/30,000/15,000 in coverage, this first 15,000 would cover individual injuries to others obtained from the accident you caused up to 15,000 per person. The 30,000 represents the maximum pay out for injuries caused to the while accident. If you had a single limit of bodily injury coverage it would be equal to 30,000 for the extra accident broken up as needed.

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Free car payment calculators? That statement will surely conjure up visions of loan dealers and bean counters but if you have even had a slight thought about getting a new or used car loan anytime soon, do yourself a favor and pay attention!

Like most of us out there you are not going to just write a big fat check and get that car. Most likely you are going to need an auto loan. It pays to remember that all loans are not created equal and can vary greater from one lender to the other. Not to mention the insurance you will need to pay for as well.

Most of us are on a budget. Being able to determine how much we are going to shell out each and every month and for how many months we are willing and able to do it, will help us immensely in our determination of how much car we can actually afford.

For this reason you need to employ the use of a car payment calculator in which you can add all of the financial components together and find out quickly how much the total cost of the loan with be.

You may be surprised at how much car you will be able to buy after doing your calculations. The benefit is then knowing exactly which category of car you will be driving.

1. Make sure your tires are properly inflated. Under-inflated tires take considerably more energy to move your car. Check your tire pressure every time you fill up - it doesn’t cost anything extra.

2. Check tire alignment. Tires that aren’t in alignment make your engine work harder, which means burning more gas. Check your tires alignment every 6 to 9 months.

3. Have your brakes checked. Brakes that are improperly aligned or worn make braking much less efficient, which in turn means you have to brake longer or harder, and burn more gas to accelerate again. Check your brakes whenever you have your tires aligned.

4. Tune your engine. A poorly tuned engine uses more gas, plain and simple. Have your engine’s timing checked, and replace worn or dirty spark plugs.

5. Limit idling. When you are idling, you are getting exactly zero miles per gallon. while it takes more gas to start your car than it does to idle, you can actually save gas by shutting off your engine if you are going to be idle more than 30 seconds.

6. Change your driving habits. Over-accelerating, stop and go traffic, congestion, these all burn unnecessary gas. Do your effands at night when there is less traffic so you can get to and from your destination in less traffic.

These are some of the ways to improve gas mileage. Websites like gasforlessmoney.com list many more easy and practical gas-saving tips. Keep in mind that gas mileage improvement of 10% becomes a savings of $5-$10 when you fill up!