Switching Car Insurance
Posted by editor
Switching from one insurance company to another is but a normal thing and there could be a thousand reasons for this. The trend now is that insurance companies have their 24-hour rate information services available either through their websites or a toll-free number making life easier for consumers. You have to take time out to always review the coverage included in your car insurance. This is for your own good because you will be ensured that you are getting your money’s worth. Normally, you just have to inform your insurance company in writing if you want to cancel your old policy. This is best done right before the renewal time.
Basics in the United States
Posted by Administrator
When traveling or living in the United States, there are some basics you need to know in care you are planning to either rent or buy a car. Whether you are buying a new or used car or getting a rental, you will be required to buy a car insurance. The proof of the insurance is needed before the vehicle is declared as drivable. For rentals, the insurance must cover the duration of the rent period. Higher car insurance rates are charged to those below 25 years old because they are considered high risk groups.
The basic policy must include coverage expenses for damages to other vehicles and persons that are part of the accident. Protection against an uninsured or underinsured motorist who caused the accident is also required.
Source: montana.edu
Types of Auto Insurance
Posted by Administrator
Buying a car insurance may be quite confusing due to number of different coverages and the numerous insurance providers that offer them. Deciding what type of car insurance to get would suddenly look like an impossible task.
Knowing the types of car insurances offered will make your task a lot easier. Here are four common types of car insurances:
- Fully Comprehensive - this is one of the most widely adopted type of auto insurance which covers almost everything you can possibly think of.
- Third Party, Fire and Theft � almost like the comprehensive but not identical.
- Third Party � cheapest because it only covers accidents that are your fault.
- Specializes � available for most classic cars or cars over 25 years old.
Source: carinsurancecounsel.com
Hampshire Police Seizes Uninsured Cars
Posted by Robert
Speeding and not following road signals ain’t enough for the Hampshire Police, you need to carry around the car insurance policy as well in your glove compartment. Yes, folks, if they catch you without one, you and your vehicle maybe in for a surprise: they’re going to seize it.
Since it started three years ago, the authorities have confiscated 10,000 vehicles whose owners never even bothered to cover them for car insurance. This was in due part to a campaign that tackles illegal motoring.
According to the Hampshire Police Head, John Martin:
“Those members of society who take a responsible attitude to licensing and insuring their cars will take some pleasure in knowing that the police will actively seek out those who choose not too,†he remarked.
How Car Insurance Rates are Set?
Posted by editor
Have you ever asked how car insurance rates are set by the insurance companies? These insurance providers consider different factors in making those insurance quotes. One factor that they use to set insurance rates is statistical data like past accidents records. They use the data to determine certain information like driving records of those involved in accidents, what kind of cars usually have the most damage, what age group of drivers usually meets accidents, and the relation between the population and the location where accidents happen. After a thourough study of those statistics, underwriters of insurance companies are able to determine and set the insurance premiums according to the kind of risk associated with certain types of drivers.
The Luxury Cars to Insure (Part 1)
Posted by Administrator
Most luxury cars are luxurious because of the brand and the, of course, the price. However, car companies BMW and Audi have proved that their luxury cars are worth the price and the adjective.
First, the BMW 330i. it has a top list of its general safety feature that includes panic button alarm, side guard door beams, ad child-safety door locks. It also has driver and passenger airbags, a front side airbag, and side head curtain airbags. This variety of airbags has their own safety features as well. All airbags are equipped with sensors, smart dual thresholds, and dual-stage deployments that shall control any uncalled for inflation.
Aside from a set of airbags, the BMW 330i also has anti-theft features that includes selective locking or unlocking feature, the locking fuel filler door or cap, valet lockout, and the vehicle anti-lockout device. Ultimately, the 330i has a stability control that restrains any uncontrolled motion or swerving.
(To be continued)
What is Car Insurance?
Posted by Administrator
An auto insurance is your security against financial losses you might incur in cases of accidents. An insurance is a contract executed between you and your insurance provider. In exchange for regular premium payments, the insurance provider agrees to pay for coverages as defined in the policy agreement.
Among the benefits provided by an Auto insurance are liability, property and medical coverages. Property covers damage to your vehicle, liability covers your legal responsibility to damage of other’s property or body and medical pays for the cost of treatment and may also extend to funeral benefits depending on the extent of coverage stated on the policy.
Source: iii.org
Insurance For Soldiers
Posted by editor
Pentagon statistics states that 96% of their members who are in service owns SGLI policies. There are about 160,000 of the military personnel are paying for added supplementary commercial life insurance. With regards to car insurance, many insurance providers require that there must be a continuous coverage in order to cope with the recent rates. For soldiers, it is quite an issue because chances are they may be deployed overseas for about six months to one year. Many states are now ruling out insurance providers to penalize soldiers in active duty. Soldiers then are advised to cancel their liability coverage and just maintain the comprehensive coverage when being deployed.
Don’t call and drive
Posted by editor
It’s been said over and over again – don’t drive and use your mobile phone at the same time. But still many people get into accidents and find themselves in much more trouble than they would have been in had they just concentrated on driving.
Any sort of mobile phone use while driving – regardless if you’re sending text messages or talking to someone – is incredibly risky for you and your passengers. Your reaction times and alert levels are decreased owing to the divided attention you’re giving the road and the phone. So a car might suddenly swerve in front of you on highway, and since you’re talking to someone else, you might not be able to make the right move in time. Even if you have a Bluetooth headset, it’s still a fact that you’re not fully concentrating on the road ahead of you.
Read the Fineprint !!!!!!!!!!
Posted by editor
In a recent post, we discussed the probability of car modification as a ground for the default of your auto insurance which is a reality. But do you know that even the simplest of modification or improvement that may have changed the status of your car from the factory may have the same effect. Take the craze for fuel saving gizmos and gadgets that have victimized people and resulted in many a burned cars. The simple addition of these bolt-on devices have in fact violated their car warranty and insurance policies at the same time. Many insurers will and do conduct their independent investigation regarding accidents and similar instances and if they find any non-stock additions to a vehicle, they have the right to deny coverage.
This is included in the fine print of your contract so do contact the insurance firm for clarifications should you consider getting any upgrades or modifications installed. This would save you time and spare you the inconvenience of getting the cold shoulder from them should you need their assistance in the future (hopefully not in the too near future).