When insurance companies decide which cars they should charge higher premiums for, they look at three things:

Design. How well is the car put together? Are repairs easy and affordable, or difficult and expensive?
Technology. What features does it have to make driving safer? Things like anti-lock brakes reduce the risk of accidents — and costly insurance company settlements.
Imported or Domestic? Imported cars usually need to be repaired with imported parts. That means trips to the mechanic are costlier.

So which cars will cost you the most in monthly premiums?
The Cars That Will Raise Your Insurance Premiums

The most expensive cars to insure are:

Mitsubishi Lancer Evolution
Mercedes CL-Class
Dodge SRT-4
Subaru Impreza WRX
Jaguar XK
Lexus IS 300
Honda S2000
Acura RSX
Nissan 350Z
Jaguar XJ

Owning one of these cars is bad news for your monthly insurance bill. But there’s a bright side: none of these cars makes the top 10 most stolen cars list.

What about the least expensive cars to insure? If you want to save on your premiums, these are the models to look at next time you’re out car-shopping:

Volvo XC90
Chevrolet Malibu Maxx
GMC Safari
Buick LeSabre
Nissan Pathfinder Armada
Pontiac Montana
Mazda MPV
Ford Thunderbird
Pontiac Montana
Ford Taurus

It isn’t all about the kind of car you drive, though. There are plenty of other factors that affect how much your premiums will cost.

To find the best deal, talk with an insurance agent. You can use our free online quote service to get matched with multiple agents. Compare their offers, and see for yourself which auto policy gives you the best coverage for the best price.

Because all 50 states have different laws when it comes to auto insurance policies and coverages, the following descriptions are simply general information. They are not statements of contract.

To learn more about auto insurance in your state, contact your State Farm agent.

Most Common Types of Auto Insurance Coverages:

Auto Liability Coverage

Auto liability insurance coverage pays for the damage if you are legally responsible for accidentally injuring someone, or for damaging another vehicle or other property in an auto accident.

Auto liability coverage falls into two categories:

1. Bodily Injury Liability – which covers medical expenses, pain and suffering, lost wages, and other special damages.
2. Property Damage Liability — which covers damaged property, and may include loss of use.

Liability car insurance also pays legal defense and court costs.

State laws usually dictate the minimum amounts of auto liability insurance required, but higher amounts are available.

Personal Injury Protection (PIP)

This auto insurance coverage pays the reasonable and necessary medical expenses for covered persons for treatment due to an auto accident.

It may also pay for:

• Rehabilitation
• Lost earnings
• Replacement of services (For example, child care if a parent is disabled.)
• Funeral expenses

Medical Payments

This auto insurance coverage is available in most states. It pays reasonable and necessary medical and funeral expenses for covered persons when those expenses are related to an auto accident.

Collision

This auto insurance coverage helps pay for damage to a covered vehicle caused by:

• Collision with another vehicle
• Collision with an object
• A vehicle rollover

A deductible is required.

Comprehensive Insurance

This auto insurance coverage helps pay for loss of or damage to an insured vehicle, not caused by a collision or vehicle rollover.

Examples of this type of damage or loss include:

• Fire
• Wind
• Hail
• Flood
• Vandalism
• Theft
• Hitting an animal

A deductible may apply.

Uninsured Motorist

This auto insurance coverage pays for damages when a covered person is injured in an auto accident caused by a driver who does not have Liability Insurance

In some states this auto insurance coverage may also pay for property damage.

This type of car insurance coverage varies by state and depends upon policy provisions.

Underinsured Motorist

This auto insurance coverage pays for damages when a covered person is injured in an auto accident caused by another driver who has insufficient Liability Insurance.

Application of this type of auto insurance varies by state and depends upon policy provisions.

Rental Reimbursement

This coverage pays for renting a car when your auto is disabled due to an auto accident.

Daily allowances or limits vary by state or auto insurance policy provisions.

Emergency Road Service

This auto insurance coverage pays for having your auto towed due to a breakdown.

Towing limits vary by state or policy provisions.

This information is only a general description of the available types of auto insurance and is not a statement of contract. All auto insurance coverages are subject to all policy provisions and applicable endorsements.

What is an auto insurance deductible?

An auto insurance deductible is the part of a covered loss that you have agreed to pay with your own money.

If you file a claim against your insurance, you will pay only the amount of the deductible. State Farm® will pay the rest – up to your coverage limit.

When choosing a deductible, you must decide how much you would be willing and able to pay out-of-pocket, if you ever had to file a claim.

Typically, higher deductibles mean lower auto insurance policy premiums.

Who does my auto insurance policy cover?

An auto insurance policy typically covers:

• You and your spouse
• Relatives who live in your home
• Other licensed drivers who have permission to drive your insured vehicle.

In recent years people have begun to take a different approach. They’ve been buying term life, investing their money, and then going without life insurance during retirement.

It doesn’t make sense for everyone. But for some people, it’s a smarter way to protect their families.
How Does It Work?

Most permanent life policies have high premiums. After all, the majority of them will pay out a benefit eventually. If the company that writes the policy is going to keep from going bankrupt, they need to be taking in more than they’re paying out.

But term life only covers you for a certain period of time. And most people who have term life insurance will outlive their policy. That means far fewer payouts for the insurance companies. And it means lower premiums for people who buy term life — sometimes as much as five times lower. Many experts suggest that you buy term life insurance to cover you during your working life, and then going without life insurance when you retire.

The idea is that when you’re young, you don’t have a lot of money. If you were to die, there would be little savings left behind to cover your family’s expenses. So having life insurance makes sense. But with term life, you can take the money you save on the lower premiums and invest it. If you invest it carefully, by the time you retire you’ll have saved more than enough to cover your family’s expenses. This is called self-insuring.
Is It Right For You?

If done right, this can be a good strategy to protect your family, invest for your retirement, and save money.

It won’t work for everyone. Specifically, this strategy assumes that:

You’ll have the discipline to invest the money you save, and not spend it elsewhere
You’ll have the time to educate yourself about making smart investments
You’ll be able to pay off your debts and other financial responsibilities before you retire

If you think this strategy might be a smart way for you to plan for your future, talk it over with a professional insurance agent. You can get matched with agents in minutes, just by filling out this simple life insurance quote form.

To protect your car against theft, you can buy a comprehensive auto insurance policy. The trouble is, a car that’s more likely to get stolen will cost you more to insure. Insurance companies keep a staggering amount of statistics that help them figure out how much to charge for your insurance policy. The chances of your car getting stolen are part of those statistics.

So if you want to save on your auto insurance — and avoid tempting thieves — here are the cars to think twice about before buying:

BMW M Roadster
Acura Integra
Mercury Marauder
Audi S4
Jaguar XJR
Suzuki Aerio
Land Rover Range Rover
Cadillac Escalade
Audi A8
Mercedes-Benz 600

What if you had your heart set on one of these cars? Don’t let fear of theft or high insurance premiums stop you. And keep in mind, even though these cars have the highest chance of being stolen, they aren’t the most expensive cars to insure.

But when you’re buying a policy for your new car, you should shop around and make sure you get the best price. One company might quote you extremely high premiums to insure your new BMW. Another might cut you a deal. The only way to find out is to compare prices from competing companies.

You can use our free auto insurance quote service to get connected with multiple auto insurance agents. They’ll quote you their best offers. You can decide which plan gives you the best protection and the best value.

Because all 50 states have different laws when it comes to auto insurance policies and coverages, the following descriptions are simply general information. They are not statements of contract.

To learn more about auto insurance in your state, contact your State Farm agent.

Most Common Types of Auto Insurance Coverages:

Auto Liability Coverage

Auto liability insurance coverage pays for the damage if you are legally responsible for accidentally injuring someone, or for damaging another vehicle or other property in an auto accident.

Auto liability coverage falls into two categories:

1. Bodily Injury Liability – which covers medical expenses, pain and suffering, lost wages, and other special damages.
2. Property Damage Liability — which covers damaged property, and may include loss of use.

Liability car insurance also pays legal defense and court costs.

State laws usually dictate the minimum amounts of auto liability insurance required, but higher amounts are available.

Personal Injury Protection (PIP)

This auto insurance coverage pays the reasonable and necessary medical expenses for covered persons for treatment due to an auto accident.

It may also pay for:

• Rehabilitation
• Lost earnings
• Replacement of services (For example, child care if a parent is disabled.)
• Funeral expenses

Medical Payments

This auto insurance coverage is available in most states. It pays reasonable and necessary medical and funeral expenses for covered persons when those expenses are related to an auto accident.

Collision

This auto insurance coverage helps pay for damage to a covered vehicle caused by:

• Collision with another vehicle
• Collision with an object
• A vehicle rollover

A deductible is required.

Comprehensive Insurance

This auto insurance coverage helps pay for loss of or damage to an insured vehicle, not caused by a collision or vehicle rollover.

Examples of this type of damage or loss include:

• Fire
• Wind
• Hail
• Flood
• Vandalism
• Theft
• Hitting an animal

A deductible may apply.

Uninsured Motorist

This auto insurance coverage pays for damages when a covered person is injured in an auto accident caused by a driver who does not have Liability Insurance

In some states this auto insurance coverage may also pay for property damage.

This type of car insurance coverage varies by state and depends upon policy provisions.

Underinsured Motorist

This auto insurance coverage pays for damages when a covered person is injured in an auto accident caused by another driver who has insufficient Liability Insurance.

Application of this type of auto insurance varies by state and depends upon policy provisions.

Rental Reimbursement

This coverage pays for renting a car when your auto is disabled due to an auto accident.

Daily allowances or limits vary by state or auto insurance policy provisions.

Emergency Road Service

This auto insurance coverage pays for having your auto towed due to a breakdown.

Towing limits vary by state or policy provisions.

This information is only a general description of the available types of auto insurance and is not a statement of contract. All auto insurance coverages are subject to all policy provisions and applicable endorsements.

What is an auto insurance deductible?

An auto insurance deductible is the part of a covered loss that you have agreed to pay with your own money.

If you file a claim against your insurance, you will pay only the amount of the deductible. State Farm® will pay the rest – up to your coverage limit.

When choosing a deductible, you must decide how much you would be willing and able to pay out-of-pocket, if you ever had to file a claim.

Typically, higher deductibles mean lower auto insurance policy premiums.

Who does my auto insurance policy cover?

An auto insurance policy typically covers:

• You and your spouse
• Relatives who live in your home
• Other licensed drivers who have permission to drive your insured vehicle.

Wouldn’t it be great if both drivers could just file their claims, get the damage to their cars repaired, and be done with it? That’s the idea behind no-fault auto insurance.

How No-Fault Auto Insurance Works

Under a no-fault insurance program, people involved in accidents don’t have to prove that the other driver was responsible. The insurance company just pays the claim for damages and injuries.

Proving responsibility often involves a lawsuit. No-fault systems eliminate the need for suits in minor accidents. No-fault laws were created by state governments to ease the burden on courts and get motorists back on the road.

This doesn’t mean that no accidents go to trial. For accidents with serious injuries or large damages, drivers can still file suits. Each state has different rules about which accidents qualify for lawsuits.

There are currently 12 states with no-fault laws:

Florida
Hawaii
Kansas
Kentucky

Massachusetts
Michigan
Minnesota
New Jersey

New York
North Dakota
Pennsylvania
Utah

No-fault laws were passed by several states in the 1970s, but several have repealed them since then. And the states that still have no-fault laws are always reviewing them. So it’s a good idea to talk to an insurance agent before you assume anything about how the law affects you.
The Case Against No-Fault Insurance

While reducing the number of automobile-related lawsuits may be a good idea, not everyone is a fan of no-fault insurance. Since the laws went into effect, many critics have challenged them.

Critics of the law claim that no-fault laws cause more accidents. Since reckless, careless, and just downright bad drivers aren’t given the blame for accidents, there is no incentive for safer habits on the road. These critics contend that lawsuits are a kind of punishment for at-fault drivers, and cause people to think twice about how safe their driving habits are.

Supporters of no-fault systems point out that since most drivers have liability insurance, judgments against them aren’t “punishment.” Their insurance company pays for the damages, not them. Their monthly premiums will go up, but that’s a small inconvenience compared to paying the kinds of damages lawsuits typically bring.

Regardless of whether your state has a no-fault system in place or not, auto insurance laws are complicated. And there’s no substitute for getting expert advice from an insurance agent. To get matched with agents in your area who can answer your questions and help you save on your auto insurance, use our easy auto insurance quote service.

1. The first and the most important advice you are encouraged to follow is practice a healthy lifestyle and try to prevent health problems. Staying healthy is a natural way to keep your medical expenses low. It would be great if Health Insurance could really insure you against getting injured or sick. However, for the most part, we are responsible for our state of health and quitting smoking, exercising on a regular basis, maintaining a proper weight, and having regular checkups make necessary items of a wise health maintenance plan.

2. Find the most suitable coverage and the best rates for your situation. Premiums vary from company to company, and it is advisable to get quotes from a number of insurance companies. This way you are likely to choose from several cheaper health insurance plans. However, make sure you have an insight into the insurance plan you have selected, and it serves your needs, not concealing any drawbacks, such as high deductibles, exclusions, limitations or inadequate coverage.

3. Read your health insurance plan carefully to be aware of what particular services and products are available under your plan. It is not a rare occasion when some people appear to be ignorant of their health insurance contents and tend to pay for the items that are provided free according to their Health Insurance plan. Such benefits as health club memberships, discounts on vitamins, alternative medicines, acupuncture or dental care for your kids may be included in your policy to provide you with proper health care.

4. Check your medical bills to monitor what exactly you pay for and whether your bills accurately reflect the medical insurance coverage you carry. In case you think there is a mistake in your bills, contact the billing office and have your bill corrected. You can ask your insurance company to review your insurance claim if you are not satisfied with their explanation of benefits. Sometimes you can find yourself charged for procedures you did not receive because of such errors as wrong computer codes. Therefore, a thorough check of your bills can indeed lower your medical expenses.

5. You can also save on prescription drug costs by ordering your prescriptions through traditional or online mail. Since prescription costs are rather high, especially for those who have to take prescription drugs on a regular basis, it is reasonable to ask your doctor to recommend some less expensive generic drugs. Those who belong to a Prescription Drug Plan may get a three-month supply of their prescription drug through the mail, which will be three times cheaper than a similar supply from their pharmacy.

6. If you keep track of your medical expenses and the itemized total of your medical expenses exceeds 7.5 percent of your adjusted gross income, you may be able to deduct some expenses on your income-tax return.

7. You can try to get a discount from your healthcare provider. It pays to try and negotiate with your doctor, hospital, or pharmacy the question of lowering your medical bills. If you get to know the prices of other healthcare providers in your area, you may have grounds for getting the costs reduced. Some healthcare providers tend to lower their price if a person pays in cash in advance.

8. If you are married, it makes sense to join your spouse’s health insurance plan. Maintaining separate health insurance coverage is usually more costly. Many plans allow adding a spouse within quite a short period after getting married. Another option is to wait for the plan’s annual open enrollment period to join.

9. If you don’t carry adequate health insurance coverage, you can make use of free health screenings. Local clinics, hospitals and health fairs normally provide a number of free screenings, for example, blood pressure, cholesterol, and mammograms. It is always better and cheaper to prevent health problems than to have to receive complex expensive treatment.

For many people, the most affordable health insurance option is a managed care plan. And when you’re comparing managed care options, the two kinds of plans you’re most likely to come across are HMOs and PPOs.

In some ways, these two affordable insurance plans are similar. For example, they both let you take advantage of “networks” of qualified healthcare providers. In other ways, they’re very different — PPOs give you much more flexibility in choosing a provider than an HMO will.
Choosing The Right Health Plan

So which plan is your best bet?

A PPO may be best for you if:

You want to be able to choose any doctor
You have a chronic condition, such as back pain or arthritis
You’d prefer to use alternative medicine services such as acupuncture or chiropractors.

An HMO may be best for you if:

You want a no-hassle billing system
You will need to keep your deductible and out-of-pocket costs as low as possible
You have a family that will need annual physicals, well-baby visits, and OB/GYN care.

Before You Decide On Managed Care…

Managed care isn’t for everyone. Here are a few reasons why you may want to consider other options:

Do you have a chronic illness? Ask if the plan you’re considering offers a disease-management program that allows intensive monitoring.

If you’re a smoker or have weight problems, find out if the plan offers stop-smoking, weight-loss, and treatment program targeted to your needs.

Finally, don’t stop comparing plans just because you’ve settled on one. New plans are always coming on the market, and you never know when you’ll find one that gives you more coverage for less money.

Want to get the advice of an expert? Use our free quote service to get connected with agents. Fill out our simple online form, and you’ll be contacted with free health insurance quotes.

But if you have an auto liability policy, your auto insurance company pays the damages. Sure, your premiums will go up… but that’s a lot easier to take than a big fat court settlement you have to pay out of your own pocket.

Liability is a legal term that refers to the responsibility a person has for someone else’s loss or injury. Questions about liability are typically settled in courts, and settlements can run into several thousands — sometimes millions — of dollars. So having an insurance policy to protect you is a good idea.
Two Kinds of Liability Insurance

Auto liability policies have limits. The limit is the total amount of money the policy will pay out to cover you.There are two different kinds of policies:

Combined Single Limit policies cover damage to property and bodily injury in one policy.

Split Limit policies have separate amounts of coverage for property damage and bodily injury.

The coverage for bodily injury is also often split. You can get coverage on a maximum payment per person or maximum payment per accident basis.

Usually, the higher the limit on your liability policy, the more that policy will cost you. So before you buy a policy, consider how much protection you need. And think about how much you can afford. Like buying any other insurance policy, you want to find a balance between your coverage needs and your budget.

Working with a professional insurance agent can help you decide what kind of policy you should buy. To get matched with agents, use our online quote service. It’s fast, easy, and free.