No-fault Auto Insurance No-fault auto insurance is a relatively straightforward concept, though the reasons why State’s have chosen to enact no-fault laws are a bit more complicated. Essentially, no-fault auto insurance means that a policyholder is indemnified for losses suffered during a loss event (e.g. an auto accident) by their own insurance provider (not the [...]

Ultimately, insurance is an “odds game.” The cost of auto insurance can be a complete mystery to a person that does not have inside knowledge of standard industry practices. However, many of the factors that are used to determine the price of an insurance policy make sense and are backed by years of research. A [...]

Low cost car insurance is available. Cheap car insurance does exist. Following are some steps that you can take to reduce the cost of your auto insurance policy: Increase your deductible – Perhaps the simplest of strategies for lowering the cost of your insurance policy; increasing your deductible effectively means that you are “self-insuring” more [...]

All states, other than Virginia, require resident drivers to have a minimum amount of vehicle insurance coverage (known as compulsory insurance). In Virginia, if residents choose not to carry insurance, they must pay the state a $500 annual fee per vehicle. These specific requirements vary state by state.  For specifics regarding your state insurance requirements, [...]