Don’t Forget Two Other Types of Car Insurance Policies in San Francisco, CA

Uninsured and underinsured motorist coverage is obviously important because it protects you against poverty as well as the negligence of others. There's no excuse for a driver without auto insurance in this day and age. If he cannot afford liability car insurance then he shouldn't be driving! What should you do when you meet a driver that doesn't have any car insurance? First things first-don't start a fight! Don't aggravate the situation, especially if a policeman is already intervening. You should get the driver's name and address. You also have the right to turn him into the police. Some drivers may feel pity for the uninsured driver, especially if the collision was relatively minor. If this is the case for you, then this insurance policy will protect you. However, even if you do take advantage of uninsured motorist coverage that does not mean that you are waiving any right to a lawsuit. If an uninsured motorist has severely damaged your car and has not paid you for it yet, then show no mercy in court!

Gap insurance is becoming increasingly common especially as the pre-owned and used cars industries continue to struggle. When you go onto the car lot to lease a new car, rest assured you are not getting the cash price of the vehicle unless you specifically ask for it. The car dealer will initially give you the finance price and then perhaps discount that price for cash. (Wait for the old, "I'll tell you what...two thousand but no lower, just get it out of here! I've got to feed my family!") However, if you are financing a good quality car then you are probably paying a lot in finance charges, not to mention an inflated note price. Even though you have full coverage insurance, the market cash value of your used car may be far less than the loan amount you have agreed to. Gap insurance can bridge this gap, making sure you never have to pay for a car you no longer drive.

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