Federal Laws:


The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in 1974.  It requires lenders to give a good faith estimate (GFE) of all closing costs that borrowers must pay.  It was designed to help borrowers from being forced to pay “hidden fees” at closing.
Learn More


The Truth in Lending Act (TILA) requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate, and the number, amount and due dates of all payments necessary to repay the loan.  The TILA also requires additional disclosures and places many restrictions on mortgages.
Learn More


The Fair Credit Reporting Act (FCRA) was designed to prevent inaccurate or obsolete information from entering or remaining on a credit report.  The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information.
Learn More


The Equal Credit Opportunity Act (ECOA) was designed to ensure that all qualified people have access to credit and prohibits discrimination based on sex, marital status, age, race, national origin, or public assistance benefits received.
Learn More

Contact Us Now

Live Help
(888) 55-audit

Why Do You Need Auto Insurance?


In order to attract buyers, insurance companies can offer customers various insurance terms and conditions, which are distinguished by a convenient set of risks and at the same time a favorable price. Before paying for auto insurance, you should have a clear understanding of the auto insurance basics. So, it is a type of property insurance that protects the car owner from the costs of various external influences on his/her car. Making such a contract, the driver can be sure that the insurance company will reimburse him/her all losses incurred as a result of the road traffic event; car theft; the damage made by animals and natural phenomena; or an act of vandalism, etc.

The insured event is the damage to the car as a result of the factors stipulated by the insurance regulations. Every driver is free to decide whether he needs 2 go auto insurance or not. However, today more and more drivers prefer to pay money for the contract and not worry about possible damage to the vehicle.

What Are the Insurance Conditions?

Special insurance programs are developed, for example:

  • Economy;
  • Standard;
  • Business:
  • VIP.

Different conditions help all categories of policyholders to choose the right product for themselves. Busy citizens who own expensive and status cars sometimes don’t regret spending time collecting information and visiting an insurance company. For them, the most expensive insurance programs are envisaged, in terms of which a tow truck, a replacement car and an emergency commissioner are provided, carrying out the receipt of certificates at the traffic police and making insurance payments right at the accident site.

Drivers, on the contrary, who wish to save on insurance, will prefer a policy with conditions without unnecessary options, but cheaper by several orders of magnitude. They will have to go to the traffic police themselves for a certificate of an accident, but they will be spared from overpayment when they register insurance.

Rules of Auto Insurance Registration

Any insurance contract is concluded on the basis of the rules - a set of rules governing the actions of the policyholder and the insurer under the agreement. When buying an insurance, the car owner must familiarize himself/herself with this document and confirm his/her consent with a personal signature in the insurance policy. These rules establish the concept of an insured event, the basis for payment and its refusal, the actions of the parties upon the occurrence of the insured event, the terms of insurance payments and so on. Compliance is not only mandatory for the driver, but for the insurance company as well.