When shopping for the best auto insurance policy, you may need to understand how a lien and lien holder can potentially impact your rate. This is an issue that will affect you if you lease a vehicle, or are considering a lease car.

How a Lien and a Lien Holder Affect Your Auto Insurance Policy

There are all sorts of complications that arise when buying car insurance for yourself. The presence of a second party definitely complicates matters further. A lot of people who have a lien against their car feel overwhelmed, like they can’t make their own decisions about their car insurance, or that they’re not truly responsible for what happens to their car because they don’t “own it.”

To help dispel these rumors, in this article we’re going to discuss a little bit about the ins and outs of holders, and how they affect your policy. The first place to start is with a definition: what is a lien, and what is a holder? A lien is a claim on property (in this case, your car) as security for the payment of a debt. That means if you can’t pay your debt, whoever has placed the lien (the holder) can take your car away. Read the rest of this entry

i really need cheap but good car insurance and home insurance. So is there wesites like expedia, travelocity,priceline that compare car insurance and home insurance? Any help will be appreciated.

Or doesn’t it make a difference?

I just renewed with my carrier, but I checked today and found that my ,250 rate (GEICO) could be ,050 with one carrier (Travelers) and 6 with another (Liberty Mutual).

If I change now (at the start of my new coverage period), would I lose money due to administrative fees? If so, would it only be a few dollars?

Thanks!