Ohio BMV Link Get an Ohio SR22 Quote here if you own a vehicle Get an Ohio SR22 Quote here if you don't own a vehicle Transcription Slide 1: Hello! This is Dan Lyles with Lyles Insurance. This video is going to go over “When does my Ohio SR22 Auto Insurance requirement end?” Slide 2: Many of you aren’t even sure whether or not you need to carry an SR22 filing. So we’re going to answer that question also, for those of you who are unsure. And also, if you do need the SR22, how long are you required to carry it? That’s what this video is going to help you solve. Slide 3: First, let’s cover some background about SR22’s. An SR22 is not auto insurance, contrary to popular belief. Nor is it a bond. It’s simply a state filing that attaches onto an auto insurance policy or an Ohio, what’s known as a Financial Responsibility Bond. The best way to understand how an SR22 works is to think of it as a “tattletale”, meaning that if you ever cancel or lapse on an SR22 attached policy, the auto insurance company is required by law to notify the Ohio BMV. And then once that happens, your license will be suspended again until you put an active SR22 filing in place. Slide 4: To answer those questions, it’s very simple and easy. It only takes two minutes and it’s free. You just need to visit this webpage: https://services.dps.ohio.gov/BMVOnlineServices/DL/Abstract And don’t worry about writing it down because I’m going to post a link below the video to make it easy for you to click on. And if you’re watching this on YouTube, I’ll also include it in the description. Slide 5: So when you click on or type in the web address that I just gave, this is what you should see. And on the next screen I’m going to blow up this part of it because that’s the important part. This is where you find out what you’re wanting to know. Slide 6: You’ll see here that you have two options. And either one of them will find out your SR22 information. However, the second one is free and so most of you are going to want to click on the unofficial two-year driving record link. Now if you want a three-year driving record of an official copy, you can do so by clicking that top link. But just understand that they charge you five dollars to do so. Slide 7: So once you click on one of those two links, this is the page you should see. And I recommend if you have your driver’s license number handy, that you fill out section 1 part “driver license information”. You just need your license or state ID number or key number, your date of birth, first letter of your last name, and the last four digits of your Social Security number. If you do not have a Social Security number, just enter 4 zeros. If you do not know your license number, then fill out the number two section, “person information”, and that will get you there also. Slide 8: So once you enter that information and click continue, here’s what you will see if you do not need an SR22 filing. You’ll notice on the second line your license status says “valid”. And you do not need an SR22 because if you did, below all of this information would be a second box that says “withdrawals”. On the next screen, I’m going to show you what that looks like for a driver who does need to carry an SR22. Slide 9: This is what it will look like if you do in fact need to carry an SR22 filing. You’ll notice on the second line here that it says “license status is valid”. That’s because that person is actively carrying an SR22 on their auto insurance policy as of now. If you’re needing an SR22 and don’t have one, that would probably say “suspended”. Now here is the important part is the second box “withdrawals”. This little section down here tells you the important date you need to know, and let me blow that up on the next screen. Slide 10: So here’s what it looks like blown up. The bottom right where it says “FRA End”, that is the date where you will no longer have to carry an SR22. That’s important to know and I’m going to talk about that on the next slide. Slide 11: And like I said, it’s very important that you know your FRA end date when you’re no longer required to carry the SR22. And here’s why: if you remove the SR22 too early, your license will be suspended again even if you keep your auto insurance policy active. And likewise, if you keep it on there for too long, once you get past your expiration/renewal date of your policy, you’re more than likely overpaying on your premium more than you should be. And one last thing that important to keep in mind, your agent or auto insurance company has no way of knowing when your FRA end date is because of privacy laws. So you must notify them. Let them know to take your SR22 filing off when you reach that FRA end date. Slide 12: And finally, for those of you who need an Ohio SR22 filing and you’re having trouble either finding an SR22 policy, or can’t find one at a decent price. If you would like for me to personally run you an SR22 auto insurance quote, I’ll be very happy to do so. I’ve included a link for both vehicle owners and non-vehicle owners. Click on one of those and I can run you a quote that will get your license back. Or if you’d simply like to get a quote over the phone, I’ve also posted my phone number. Thank you for watching and have a great day! Related Blog Articles: Video: Can I buy SR22 auto insurance with a suspended license?
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Transcription Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, were going to go over the key to auto insurance points that you need to know when buying a car. Slide 2: Many people when they buy a vehicle, they don’t consider the insurance part of it until later on after it’s too late. They don’t consider coverage levels or the cost that it’s going to be. And as a result, they either end up with lousy coverage, or they have a vehicle that they can’t afford. There are some key points that you need to know about buying a car as to how it affects your auto insurance. And this video is going to go over those points. Slide 3: Before we get into things, I want to go over a couple misleading terms that leads to a lot of confusion. The term “Full Coverage”, I am not a fan of because it confuses people. “Full Coverage” does not necessarily mean that you have the best coverage you can have. It simply means that you have both comprehensive and collision coverage. Now let’s go over each one of them real quickly. And I’m going to go over them backwards because it’s easier to learn that way. Collision coverage: that covers physical damage done to your vehicle if you’re in an accident. Comprehensive coverage: covers physical damage done to your vehicle for anything other than an accident (Such as theft, fire, vandalism, weather damage, hitting a deer, things like that). “Comprehensive” is another misleading term I don’t like because it again, is confusing the people. It does not mean all inclusive and that it covers everything. Some states even call it “Other than collision” coverage, which I believe is a lot more accurate. Slide 4: There are five basic parts to an auto insurance policy. And we just covered the last two parts, comprehensive and collision coverage on the last slide. The other three parts to an auto insurance policy are liability coverage, which is required in all states. It pays “the other guy” if you cause an accident which results in the other guy having injuries or property damage. Uninsured or underinsured motorist coverage. This pays if you get hit by someone else not carrying auto insurance or they have insurance but they don’t have enough to cover all of your injuries or property damage. That’s where uninsured or underinsured motorist coverage kicks in. And finally, medical payments. This pays for injuries to you or your passengers if you get hurt in an accident. One thing to keep in mind about these three, they do not have anything to do with full coverage. Like I said on the last screen, full coverage only refers to comprehensive and collision coverage. Slide 5: I quickly want to go over deductibles because it is important that you understand how they work. Deductibles apply only to comprehensive and collision coverage. They’re your out of pocket expense if you were ever to file a physical damage claim on your vehicle. For example, let’s say you had an accident that caused $2000 worth of damage. If you have a $500 deductible, your insurance policy would pay out $1500 ($2000 of damage minus the $500 deductible). And likewise, if you have a $1000 deductible with $2000 in damage, that would pay out $1000. Slide 6: Whether you buy your vehicle in full or finance it through a car loan makes a difference with auto insurance. Of course, if you pay for it in full, you’re free to choose whatever coverages you like. But if you finance it through a bank, finance company, or buy here pay here, they’re going to require that you carry comprehensive and collision coverage on that vehicle until you pay your loan off. They will also want to be added as a Lienholder to your policy. And here’s an important part to understand, some banks will let you to go as high as $1000 deductibles on both comprehensive and collision coverage. But there are others which will not allow you to go any higher than $500 deductible. So if you want to go with $1000 deductibles to save some money, make sure it’s ok through your finance company. Make sure they’re cool with that because if not, you’re going to have to go back and redo your policy. Slide 7: This is for people who are buying brand-new cars or cars that are nearly brand-new. Your auto insurance company should offer you either GAP insurance coverage, or insure the vehicle with what’s known as Total Loss Coverage. Both of them are similar. They apply if you were to total your vehicle. They will pay up to a certain percentage higher than what your vehicle is worth. And this is really important because it helps prevent you from going underwater on a car loan. And by underwater, that simply means that your vehicle is not worth as much as you owe on the car. Either coverage, GAP or Total Loss Coverage is very inexpensive. And I highly recommend you take it out if your vehicle is new enough to qualify. Slide 8: And finally, this is very important. Make sure you get an auto insurance quote before you buy your vehicle. Don’t make the mistake of buying a vehicle without knowing what the price on insurance is going to be. Some people do that and they end up having a higher insurance premium than what their car payments are. And they find out that they’ve bought a car that they really can’t afford. And this is especially true with young drivers and/or people with bad driving records. It only takes a few minutes to get an auto insurance quote. So make sure you know what you’re getting into before you buy the vehicle. Slide 9: For those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you would like for me to personally run you a quote, I’ll be very happy to do so. I’ve posted a page from my website where you can get an online quote, and I’ll get back to you with prices. Or if you would just rather get a quote over the phone, I’ve also posted my phone number. Thank you for watching and have a great day! Hello everyone! I hope everyone is doing okay and staying safe from this virus. I just wanted to touch base with you to let you know how things are going as far as how the auto insurance industry and state license bureaus are dealing with this virus shutdown. Many of you have been concerned about your policy and have called me with some questions that probably everyone else is wondering as well. As far as the auto insurance industry, things are still going fairly well given the circumstances. Most of the auto insurance companies are still open. The only difference is that many of their employees are working from home. And if you’re currently one of my customers, I have remained open since my office is located in my home anyways. So if you have any questions or concerns during business hours, please give me a call. And for those of you who have other types of policies with me such as motorcycle, boat, golf cart, snowmobile, mobile home, motorhome, etc., everything in this article applies to you as well. At the end of this article, I will be posting contact info for websites and phone numbers for your state’s license bureau for those of you who live in the six states that I work in. As far as the auto insurance companies, many of them are still operating as normal as they possibly can. So if you need to contact your insurance company, you can still do most of the things online that you could before. This includes the companies who have apps that you use on your phone. Or if you need to give them a call, most companies still have someone there 24/7 to take your call. Understand that because of the changes in logistics as far as employees working at home, you may experience longer wait times on the phone. But you will still be able to get to talk to someone who can help you. As far as your state’s license bureau, you can still do many things online that you could before. And while most all of the BMV/DMV locations are closed, many of them are providing phone numbers to where you can reach someone. The good news:
*** Second Update: Food Delivery Work. Many restaurant employees (such as waitresses, bar staff, etc.) and also others who have been laid off from their regular job have picked up temporary work delivering food since the Coronavirus Shutdown. If this applies to you, you may have been wondering how this works with your personal auto insurance policy. In the past as far back as I can remember, no Personal Auto Insurance policy ever covered a driver While making any work related deliveries ( you needed a commercial auto insurance policy to do that). However, because of this coronavirus shutdown, many auto insurance companies are removing that exclusion while this shutdown goes on. So if this applies to you, be sure to call either your agent or your auto insurance company to ask if the company is indeed removing that exclusion temporarily. ----------------------------------------------------------------------------------------- If anything Important happens or changes in the upcoming days or weeks, I will update this blog article with the most recent info. So be sure to check back periodically to see if there have been any changes made. Take care everyone and be safe! State BMV/DMV Contact info: Ohio https://www.bmv.ohio.gov/ (844) 644-6268 Indiana https://www.in.gov/bmv 888-692-6841 Michigan https://www.michigan.gov/sos (888) 767-6424 Pennsylvania https://www.dmv.pa.gov 717-412-5300 Virginia https://www.dmv.virginia.gov/#/ (804) 497-7100 West Virginia https://transportation.wv.gov/DMV/ 304-558-3900 Transcription: Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, we’re going to go over why state minimum liability auto insurance coverage sucks! Slide 2: When many drivers buy auto insurance, they choose the state minimum level of liability coverage that they’re allowed to buy. And this video is going to explain why this is a big mistake! And we’re also going to give you a better understanding of how liability coverage works with auto insurance. Slide 3: First, let’s go over the basics of liability coverage. Liability coverage is required on all auto insurance policies. And what it does, it pays the other guy if you cause an accident which results in other people either being injured or having property damage. And those are the two parts of liability coverage: Bodily injury and Property damage. Slide 4: It’s important that you understand what the numbers mean as far as liability coverage levels. So here’s how you’ll usually see it, is three numbers separated by slashes. So let’s use the example of 50/100/25. The first number 50, that’s the maximum amount in thousands that your coverage will pay to any one person that you’ve injured. So anybody, single person it won’t pay more than $50,000. The second number, 100, represents multiple people being injured and the total it will pay in full to everybody, $100,000. And the third number represents property damage. $25,000 is the most it would pay here. Slide 5: So if you look at the levels of state minimum coverage that your state requires, I’ve included the six states in my territory where I sell auto insurance: Ohio, Indiana, Virginia, West Virginia, Michigan or Pennsylvania. If you live in any of those six states, you can see what your state’s minimum level of coverage that you need to carry. And as you might notice, those numbers are pretty low. In fact very low! Slide 6: This is the fundamental reason why state minimum liability coverage is inadequate. It’s usually okay for your minor accidents or fender benders. Where it falls way short are the more serious and severe accidents. Think about if someone is hospitalized. And look at those levels of coverage on the previous screen. You’ll realize that just one or two days in a hospital can exhaust those amounts. And you could be on the hook for the rest of it if someone’s critically injured or has really severe injuries. That’s why you need to stay away from state minimum coverage. Slide 7: When drivers choose just to settle for state minimum liability coverage, it’s usually because they realize that that only pays the other guy. What they don’t realize: you also limit yourself by doing that. Because uninsured or underinsured motorist coverage is very important coverage to have for yourself in case you get hit by somebody that either doesn’t have liability coverage, or has skimpy levels of coverage as well. And you are not allowed to carry higher levels of uninsured motorist coverage than what you selected for liability coverage. So if you choose to go skimpy on the liability coverage, you’re limited to that same level of coverage yourself. This is very important to keep in mind. Slide 8: And one last thing that I want you to think about, understand that liability coverage is not unit priced. Meaning that doubling your amount of liability coverage will not double the price. In many cases, doubling coverage only amounts to an increase of a few dollars more per month. And even tripling or quadrupling coverage is only a little more beyond that. So the best way to handle it is to look at the next levels of coverage. Go up at least one and two levels and see how much higher it costs. Because usually you can afford a little higher coverage. And keep in mind what I mentioned about how inadequate state minimum coverage is. And you can see why it’s a no-brainer to go with higher levels of coverage. Slide 9: For those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you’d like to get an auto insurance quote, I will be happy to run one for you personally myself. I’ve left my quote information from my website on here. And I’ve also listed my phone number. You can go online and get a quote or just give me a call. Thank you for watching and have a great day! Related Blog Articles: Video: Should I add/increase deer coverage on my auto insurance Video: The best way to buy auto insurance online Transcription: Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, we’re going to go over some key tips that you need to know for buying golf cart insurance. Slide 2: There are basically two ways to insure a golf cart. Number one is an exclusive stand alone golf cart insurance policy. And as this video will show you, this is a much better idea than the second option, which is insuring a golf cart by attaching it onto your homeowner’s policy. Slide 3: If you compare the prices between a standalone exclusive golf cart policy versus an attached policy, you’re going to find that the price is nearly the same for both. Both are very inexpensive compared to other recreational vehicles. But the main difference is the added value you get with a standalone exclusive policy. So for the same money, you get more coverage flexibility, you get offered higher levels of coverage, and more types of coverages added. Slide 4: Here’s why golf cart insurance policies that are attached are not as good policies as standalone exclusive policies. The main reason being unreasonable coverage restrictions. For example, some companies will not allow you off your property, some companies won’t cover you while crossing public roadways, and there are even some attached policies that won’t cover you playing golf on a golf course. Now these are the type of things we buy golf cart insurance for! So how silly is that? And also, an attached policy does not have the higher levels of coverage that an exclusive policy offers. And, they don’t offer as many types of coverages as an exclusive policy does. Slide 5: There are five main parts to a golf cart insurance policy. And you might notice that they are the same five parts that you have on a regular auto insurance policy: liability coverage, uninsured motorist coverage, medical payments coverage, comprehensive coverage and collision coverage. And you see the two there in asterisks, not all attached policies will offer uninsured motorist or medical payments coverage. Slide 6: Golf cart insurance policies generally have a broad range of acceptance. However there are some golf carts that are unacceptable. And those include golf carts that go over 20 miles an hour. Now there are a few companies that will let you to stretch that to 25 miles an hour, but most of them cut the limit at 20. An engine cannot be modified in any way. And finally, you cannot use a golf cart for commercial or business use. This includes renting or leasing to others. You need commercial insurance for that. Slide 7: Here are some other benefits to having exclusive golf cart insurance coverage. Number one, you get offered higher levels of coverage than you do with an attached policy. Number two, free accessory coverage. This is anything permanently attached to your golf cart. If you have comprehensive and collision coverage, that automatically comes free up to a certain amount, and you have the option of purchasing more if you need. And also, as I mentioned before, a standalone policy will offer medical insurance and underinsured motorist coverage. Whereas most attached policies do not. And finally, if you’re like most people and occasionally transport your golf cart with a trailer, you can also buy coverage on the trailer as well. Slide 8: As far as the best place for finding golf cart insurance, I suggest you go through an independent agent who has multiple golf cart insurance companies that can get you multiple quotes at once. That’s more time efficient than shopping around one company at a time. And for those of you who live in Ohio, Michigan, Indiana, Pennsylvania, Virginia or West Virginia, if you would like for me to personally run you a quote, I’ll be happy to do so. I’ve listed a webpage on my website where you can get an online quote. I’ve also posted my phone number here if you want to get a quote by phone. I will also post those below the video to make it easy for you to click on. Thank you for watching and have a great day! Transcription: Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, were going to go over late payments on your auto insurance and how it hurts your rates. Slide 2: Drivers who have a habit of being late on their auto insurance payments do not realize just how bad they hurt themself with rates. This video is going to go over some key points of what you need to be aware of and need to know. And we’re going to go over some tips on how to better handle things if you come to the situation where your money gets tight at the same time an insurance payment is due. Slide 3: It’s important that you understand that there are huge differences between auto insurance companies and how they deal with late payments on auto insurance. For example, some are very strict and they will cancel your policy if you’re even a day or two late. While other companies, they’re a little more lenient, will you give you some more time. And when it comes to late fees, some companies are strict on late fees as well. While others might give you some time before they tack on any late fees. But the key thing to keep in mind here is, every company does it differently. Slide 4: There are basically four ways that paying late can cost you on your insurance premium. And I’m sure you’re probably pretty aware of the first three: late fees, cancellation fees, and reinstatement fees. But one that often goes unnoticed are increased premiums after your expiration/renewal date. And we’re going to get into this a little bit more. Slide 5: Fees can add up very quickly! And I’m not talking about those of you who make most of your payments on time, and only pay late on rare occasions once in a while. That’s not that big of a deal. But if you have a habit and a pattern of paying late quite often, that’s where you’re really going to cost yourself. Slide 6: I want to discuss the increase in premium after your expiration/renewal date. Every six months (or for a small percentage of you twelve months) when your policy expires, you’ll get a renewal offer from the company that will reevaluate you. And with all other things being equal, drivers who been paying late on their premiums have a much higher chance of their rates going up. Whereas drivers who make all or most of their payments on time, have a much higher chance of their rates either going down or staying the same. So let’s say your rates went up. If you’re wondering why, go back and look and see how often you’ve paid late. That may be the reason. Slide 7: Here are some other key points that you need to be aware of. What happens if you’re short on money with a payment due? Well, this happens on occasion to all of us. Let’s say that you have a policy that’s due this coming Friday, and you don’t get paid until the following Friday. What I have found is that many companies will work with a customer as long as you call them directly and ask if you can get a payment due date extension. Now you have to do this before your policy is due. Don’t wait until it’s late and then try. That won’t work. But I have noticed the companies for the most part are pretty flexible and will work with you there. Also, if you only pay late once on a rare occasion, most companies will offer a one-time wave of late fees. So you may want to check on that also. But in both of these cases, you have to call the company directly yourself. Your auto insurance agent does not have the authority to change your billing. Only the company can do that directly. And finally, if you get a cancellation notice for non-payment, it will say, for example, “your policy is set to cancel on such and such date if we do not get a payment”. Keep in mind that they mean 12:01 AM of that date because a lot of people get burned by this. So if your policy is set to cancel for non-payment on a Friday, you want to make sure that you have that paid by Thursday evening or night. Slide 8: For those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you would like for me to personally run you a quote, I’ll be happy to do so. And I’ve listed a page on my website where you can go online and get a quote. Or if you’d rather just get a quote by phone, I’ve also listed my phone number. Thank you for watching and have a great day! Transcription Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. And in this video, we’re gonna go over car insurance with a speeding ticket on your record, and why shopping around for a lower rate is a must. Slide 2: The topics we’re gonna cover include speeding and speeding ticket statistics, how auto insurance companies handle speeding tickets very differently, the total extra cost of a speeding ticket (this means what you pay besides the speeding ticket fine). We’re going to go over some other key points that you need to know about, and also explain why shopping around for a lower rate is a must when you have a speeding ticket on your record. And finally, we’re going to show you where to find the best rate. Slide 3: So first, let’s go over some statistics. Speeding is the number one factor in causing fatal accidents. You may have thought DUI or distracted driving was, but in fact, it is speeding. Nationally, 112,000 speeding tickets are issued each and every day, which is nearly 41 Million tickets a year. And the average fine for a speeding ticket ranges between $115 – 135. But it can be a lot higher than that in some cases, depending on the jurisdiction and circumstances. And according to the USA Today, the average speeding ticket will increase your insurance monthly premium rates by $23 a month. Slide 4: This chart will give you an approximate cost of how much your insurance will go up as a result of a speeding ticket. The left column shows increments of different amounts. And as I mentioned before, the average cost of a speeding ticket is about $23 extra a month. The second column shows how much extra a year that is. The third column in the highlight shows how much that is over three years, which is how far auto insurance companies usually go back (and some even go back longer). But the vast majority of them go back three years. So you look and see, $23 a month average increase, you’re between an extra $720 – $900 that you’re paying. That’s far more than what the fines are. Slide 5: It’s very important that you understand how auto insurance companies rate speeding tickets because they all do it very differently from one another. For example, with some companies, it matters how fast you were caught going over the limit, whether the company sets it at 15, 20 or 30 miles an hour over the limit, whatever. They will ding you more severely if you go above that threshold. With other companies it don’t matter (a speeding ticket is a speeding ticket). Also, what’s on your driving record besides the speeding ticket matters. For example, if your record is clean all except the speeding ticket, that’s not going to ding you as bad as somebody who has multiple violations, and gets a speeding ticket. But how much it matters still varies with each company. And companies rate the severity of the speeding ticket much differently than others. With some, they consider it very minor, others it’s more costly. And like I mentioned before, most companies go back only three years on your driving record for speeding tickets. But some go back five years. Slide 6: Here are some other key points that you need to know. Speeding tickets (like any only violation), if you’ve recently been issued a ticket, you won’t see that increase on your auto insurance premium until your policy expires and renews. So for example, let’s say I have a six-month policy that expires/renews in January. And then, the following month in February, I go out and get a speeding ticket. I won’t see that increase on my premium until my policy expires again in July, and I’ll see the increase on my renewal offer. And likewise, once enough time passes that you hit that three year anniversary date of having a speeding ticket, your rate won’t drop until expiration/renewal period either…. Number 2: Flying under the radar. Many companies do not check driving records every time. It’s because it’s too expensive. So instead, each company has their own way of randomly selecting which drivers they run a motor vehicle report for and which they don’t. As a result, a small percentage of you may get lucky, and the company may not discover your ticket for a little while. And as I said, that’s just a small percentage of you. So if it happens, again, consider yourself lucky! Slide 7: Number three: Six month policies versus twelve month policies. Most auto insurance companies only offer the six-month policy. However, some do offer the 12 month. And if so, which one should you choose? Well, to make it very simple, if your driving record is completely clean and all drivers on your policy are as well, then it really doesn’t matter. Choose whichever one you like. But if anyone has a ticket or accident on their record, you’re better off going with the six-month policy for reasons I mentioned on the previous screen. And number four: If you’re having a really bad day and get multiple violations from the same incident. For example, let’s say you’ve got a speeding ticket and a seat belt ticket, or a speeding ticket and a DUI, whatever…. Anytime that you have more than one violation from the same incident, the good news is that most companies only take the most severe violation. And that’s all that gets counted against your insurance rate. Slide 8: So as you have seen how different companies handle speeding tickets very different from one another, it goes without saying how important it is to shop around for the best rate if a speeding ticket has sharply increased your auto insurance premium. I can’t stress this enough! Slide 9: How do you find the best rate with a speeding ticket or multiple tickets on your record? Your best chance of getting your lowest rate is to quote with as many auto insurance companies as you can. The best way to do that is to simply get a quote from an independent auto insurance agent. And the reason is, they have several companies. And they can take one quote and get you a quote from multiple companies at once. This is far more time efficient than trying to get quotes with one company at a time. That’s a mistake a lot of people make. Slide 10: And for those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you would like me to personally run you a quote, I’ll be very happy to do so. I’ve listed my webpage to where you can go on my site and get a quote online. Or if you’d rather just like to get a quote over the phone, I’ve also posted my phone number. Thank you for watching, and have a great day! Transcription Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. This video is a buyer’s guide for buying motorcycle insurance. Slide 2: Motorcycle insurance is very similar to auto insurance in some ways, and very different in other ways. Knowing these similarities and differences will go a long way in helping you select the right type of motorcycle insurance coverage, and also help you get a good price. I’m also going to cover some key points that you need to know. Slide 3: Let’s go over the basics of a motorcycle insurance policy. And this is where motorcycle insurance is very similar to car insurance. They both have the same five different parts (or components) to the policy. Number one is liability coverage. This is required on all motorcycle insurance policies. And it covers the other guy if you cause an accident. Uninsured or underinsured motorist coverage pays you if the other guy causes an accident resulting in you either being injured or having property damage, and the other guy either wasn’t carrying liability coverage like he’s supposed to, or didn’t have enough liability coverage to pay for all of your damages. Slide 4: Medical coverage: this pays you if you are in an accident regardless of who was at fault. In some states, medical coverage goes by different names. For example, medical payments, medical benefits, PIP (which stands for personal injury protection). But no matter what it’s called in your state, it works about the same way. And the fourth and fifth coverages kind of go together. It’s what people refer to as full coverage. Collision coverage pays for damages to your bike that resulted from an accident. Comprehensive coverage pays for damages to your bike that resulted from anything other than an accident (such as fire, theft, vandalism, hitting a deer, etc.) Slide 5: Here’s a quick short list just to show you the bikes that can be insured. And as you see, there’s a pretty broad range here. Slide 6: There are two major differences between motorcycle and auto insurance. And the first one is pricing. If you compare apples to apples, meaning having the same exact level of coverage in all five components, a motorcycle policy is going to come out cheaper than an auto insurance policy almost all of the time. And that’s mostly because of a couple reasons: Motorcycles aren’t used as frequently as regular autos are, and weather becomes a factor. And speaking of weather, unlike autos that are driven throughout the year, motorcycles have an off-season where bikes are rarely ever ridden. Factoring this in lowers the rates even further. Slide 7: Here’s a key tip for bikers that have older motorcycles, and this will also work for many of you who only need liability coverage on your motorcycle. Every motorcycle insurance company has a minimum price that they charge each year for a motorcycle insurance policy. And, what I have found is that many older bikes tend to rate lower than what the yearly minimum price is. For example, let’s say a company has its minimum floor at $75 per year. And so when I have anybody that has that price on their quote, I will up coverage and sometimes get the same price. So that’s a good trick that you need to be aware of. Slide 8: As far as finding the best rate, your best bet is to find an independent motorcycle insurance agent. This way, you can get multiple quotes at once instead of quoting with one company at a time. Slide 9: If you live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, and you would like for me to personally run you a motorcycle insurance quote, I’ll be very happy to do so. I’ve listed a page here on my website where you can get a quote online. Or if you’d rather just call and get a quote over the phone, I’ve also posted my phone number. Thank you for watching and have a great day! Transcription Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, I’m going to help you go through the steps of getting Indiana non-owner SR22 auto insurance quotes. Slide 2: For many Indiana drivers who have had their license suspended and are trying to get their license back, buying an SR22 auto insurance policy is usually the last step you need to take. But what if you don’t have a vehicle? You can’t buy regular auto insurance without a vehicle. So now what? Slide 3: The solution is to buy a non-owners auto insurance policy. Its official name is a Named Operator auto insurance policy. It’s a special type of auto insurance made just for drivers who don’t have a vehicle, but they need liability coverage. And, if you need an SR22 filing or an SR50 filing (which I’ll talk more about later), both can be attached to a named operator policy just like it can regular auto insurance. And if you buy a vehicle later on, the good thing about this policy is, you can easily convert it to a regular auto insurance policy in just a few minutes. Slide 4: Let me quickly go over what an SR22 is and what it does. Contrary to popular belief, an SR22 is not auto insurance. It just attaches onto some type of auto insurance policy. It acts as a monitor, or as a tattletale, as I like to call it. It lets the Indiana BMV know that you’re carrying the liability coverage you’re supposed to be carrying. And if you ever cancel on a policy, the insurance company is required by law to notify the BMV. And then your license will be suspended again until you either reinstate the policy, or put a new policy with another SR22 in place of it. Slide 5: Also, let me go over an SR50 filing because this is going to impact a small percentage of you, especially those of you who have had your license suspended prior to 2013. In the past, Indiana always used SR50’s instead of the SR22’s. In 2013, the law changed and they did away with the SR50’s. And then they went completely to the SR22’s that most other states use. But drivers who were charged before the law changed can still be grandfathered in to the old SR50. However, very few companies still write SR50’s. They only write SR22’s. The good news is, you’re allowed to substitute an SR22 and work in place of an SR50. And you’re not held to the higher standard an SR22 carries. But the substitution will work just fine for you. Slide 6: If you’re having trouble finding an SR22 Named Operator policy, your best bet is to find an independent agent that specializes in SR22, also known as “high risk” auto insurance. An independent agent can quote you with multiple SR22 friendly companies at once, giving you a much higher chance of finding the lowest rate. Slide 7: For those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you would like for me to personally run you a non-owner’s quote, I’ll be very happy to do so. I have posted a link there on the video that will take you to a quote page on my website, where you can get a quote online. And I will run the rates and see who comes out the lowest. I’ll also post that link below the video to make it easier for you to click on. Or if you just want to get a quote by phone, I’ve also listed my phone number. Thank you for watching and have a great day! Vehicle Owners: Get a regular auto insurance quote with Lyles Insurance Non vehicle owners: Get a Named Operators quote with Lyles Insurance Call me for a quote Transcription Slide 1: Hello! I’m Dan Lyles with Lyles Insurance. In this video, we’re going to go over the process from going from having a DUI to getting your license reinstated. Slide 2: As we all know, getting a DUI is a very costly mistake. Things you might have to face includes fines, court costs and other fees, a suspension, maybe some jail time, could lose your job, you may have to pay retribution if you caused an accident, and on and on and on. Slide 3: But sooner or later, you’re going to get to a point to where you need to get back on your feet, and get your driver’s license back. And this video aims to help you simplify that process, and go over the steps that you need to do to get there. Slide 4: As far as steps getting your license reinstated, it’s really simple. First, contact your state’s BMV or DMV and find out exactly what you need to do to get your license back. They will let you know all those things. Then you just need to get those taken care of, which include paying any fines, serving suspension times, or paying reinstatement fees or other fees. And then the last step is usually to buy auto insurance liability coverage. They’re going to require that before they make your license valid again. And in most states you will also have to carry a state filing as well. In most states, that state filing is what’s called an SR22 filing. Or for Virginia residents, you may be asked to carry an FR44 filing instead. Slide 5: For those of you who are not familiar with what an SR22 filing does, the simplest way to explain it is: it’s not auto insurance, it just attaches onto an auto insurance policy. And it acts like a monitor, or as a “tattletale”, as I like to call it. It keeps dibs on you to make sure you keep your auto insurance policy active during the time that the state requires you to carry it. If you ever lapse, cancel or expire on your policy, the auto insurance company is required by law to notify your DMV or BMV, and then your license gets suspended again. Slide 6: As far as buying the right type of auto insurance policy, it’s very simple. It only boils down to whether or not you own a vehicle. If you own a vehicle, you simply need a regular auto insurance policy, and attach the SR22 onto it. You’ll find out though, that many companies won’t write SR22 filings. Other companies do, but they charge a very high premium. Your best bet is to find an independent agent like myself who specializes in high risk auto insurance. They have companies that are more DUI and SR22 friendly, and can offer you lower rates. And the good part is, you get multiple quotes from several companies at once. And for those of you who do not own a vehicle, you need to take out what’s called a Named Operators auto insurance policy, and attach the SR22 onto it. Slide 7: So for those of you who live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, if you would like for me to personally run you an auto insurance quote, I’ll be happy to do so. I have put links for both vehicle owners and non vehicle owners. Click on that link, fill out a short form, and I’ll get back to you with prices. Or if you would just like to get a quote over the phone, I’ve also posted my phone number there. Thank you for watching. And have a great day! Related blog articles: Video: Can I buy SR22 auto insurance with a suspended license? |
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Dan Lyles is an Independent Insurance Agent serving Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia.. Archives
March 2021
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