International Auto Insurance: Some Of Your Options
January 13, 2010 – 6:57 pm
Traveling can be a real passion for many of us, I don’t just mean the odd cheap package tour, I’m talking about truly experiencing everything a place has to offer and this means actually living in the designated country for an extended period of time.
Unless these people have someone who will drive them wherever they want to go, they will need to rent or buy a vehicle and have international auto insurance.
The big question is, does your insurance company cover you abroad right now? The answer for most of you will be no. However some insurance companies do, so you should check with your company before you come to any assumptions.
One company that offers international auto insurance is Geico. Geico started out as an insurance company that insured government employees including the people in the military. Since 1954 Geico has also insured people from America in over two hundred countries around the world.
They have done this through a subsidiary company called International Insurance Underwriters. What they do is find where someone is going to be living and then find a local insurance company that is licensed in that country.
Out of all of the insurance companies out there, Geico has one of the best reputations. Generally speaking most find them to be pretty customer friendly and with competitive prices.
Some more international auto insurance companies to consider
AIG is one more big name in the international auto insurance game. Like Geico AIG also runs all of their international auto insurance through a subsidiary, in this case by the name of American International underwriters.
They generally attempt to get the most protection available in the designated country. They also have plans for people who are now living in a country full-time. To learn more about this you should contact AIG to get all the details.
These are the two companies that many people rely on when abroad. There are other smaller companies that provide services also. Most people however will use one of the two big companies; Geico and AIG.
When dealing with the two Giants GEICO and AIG you will undoubtedly find that for the most part they will be very similar price and service wise, still it won’t hurt to get quotes from both companies and compare each detail.
Getting your international auto insurance from a company with a long and proven track record is a real must, after all you have to be sure you really will be 100% covered before you start driving in a foreign country.
Once you’ve looked at International Auto Insurance you can also see our latest write up about Washington Auto Insurance Quotes.