This is another decision for each individual and is a very personal conclusion. What do you really want life insurance for you to do? When you answer this question, you'll be in a better perspective to decide the total you require. Maybe you want to save money for keeping your family when you pass away. Maybe you want to pay for her funeral only. Maybe you want to protect your business mate. How much will you achieve your target, and how long you need?
Those most in need of life insurance is the sole support of young families. Say you're married person and have 2 kids and your spouse does not work. What whenever you die? What would be adequate for your enduring family to live with happiness without your revenue? A general formula can be ten times your yearly earnings.
This great lump total may be sufficient to provide food, appareling and protection for your subsisters, and perhaps so on. Do you think this amount will give your family till the kids are adult and your mate can attract a career?
Other person without kids may be sufficient to save money to protect his spouse. The necessity is lower, especially when the mate works. How much the is adequate? This question is to talk about with your mate.
Maybe you have a disabled kid, and you really need insurance to supply for that kid for the remain of his life after you death. So, you need to save your money, in which that might be a significant total.
Maybe you, like an insurance to pay for your funeral therefore your family will not have to think which when you pass away. In this case, is a policy of $ 5,000 to $ 10,000 is quite likely.
Maybe you do not have family duties and never will be. You may not require life insurance, especially if they are older.
For many people, a careful program will be to bear a big sum of life insurance (perhaps 10 times their earnings or more) on this period of life since you have big duties, for example children and mortgages.
Then minimize the sum of insurance as children grow older. At last, once you are aged, saving money with life insurance is simply very expensive and simply dropped. Of course that is dissimilar for each person.
Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts
Thursday, August 4, 2011
Save Money - How Does The Life Insurance Work ?
The life insurance is a method to protect your family if you pass away. For instance, if you're the only breadwinner of a family of 4, your family's insurance would pay a lump total, if you have a early death. This family is saved, and you are able to have peace of mind. When people get aged and have less family, less require to save money for life insurance. Most people quit politics in full before he died, simply at least they're secure once they need that most.
There are 2 kinds of life insurance - term life and entire life. Both have a death advantage, but also are somewhat different. Let's examine one at a time.
The term life insurance is relatively simple secures your life for a number of years, even years ten, twenty or thirty. During the term of years you save money or you pay a every month insurance premium and whenever you pass away, the insurance organization will pay a death profit. After tern is in place, the policy has been completed. It's simple. Who receives the death advantage? Whatever you decide to name as beneficiary, ordinarily your mate, but can also be a parent, kid or business mate. Delivered to beneficiaries tax-free. The term life insurance is cheaper and life insurance premiums are according to some factors, admitting age, home of residence, life-style and general wellness. Be educated to answer other questions and possibly a physical test. After the term of the insurance policy is in place, the contract expires and must obtain a new insurance policy or do without.
The entirely life insurance is dissimilar, that covers all my life until you pay the insurance premiums. It 'much more higher-priced, but generally also a kind of monetary value, which is based on across the years. At other point, you are able to apply the present value of premiums paid, to withdraw the money value or take over against it. That's difficult for you to save money, insurance, whole life is like a pushed savings program. The universal wisdom is which you are better getting a low-priced term life insurance and invest the deviation in cost.
You will find there are many other kinds of life insurance for example universal life, which are combinations of the term life and whole. Naturally, there are many exceptions where the insurer does not pay, then you should understand the insurance policy cautiously prior to buying and get your agent to explain all this details.
There are 2 kinds of life insurance - term life and entire life. Both have a death advantage, but also are somewhat different. Let's examine one at a time.
The term life insurance is relatively simple secures your life for a number of years, even years ten, twenty or thirty. During the term of years you save money or you pay a every month insurance premium and whenever you pass away, the insurance organization will pay a death profit. After tern is in place, the policy has been completed. It's simple. Who receives the death advantage? Whatever you decide to name as beneficiary, ordinarily your mate, but can also be a parent, kid or business mate. Delivered to beneficiaries tax-free. The term life insurance is cheaper and life insurance premiums are according to some factors, admitting age, home of residence, life-style and general wellness. Be educated to answer other questions and possibly a physical test. After the term of the insurance policy is in place, the contract expires and must obtain a new insurance policy or do without.
The entirely life insurance is dissimilar, that covers all my life until you pay the insurance premiums. It 'much more higher-priced, but generally also a kind of monetary value, which is based on across the years. At other point, you are able to apply the present value of premiums paid, to withdraw the money value or take over against it. That's difficult for you to save money, insurance, whole life is like a pushed savings program. The universal wisdom is which you are better getting a low-priced term life insurance and invest the deviation in cost.
You will find there are many other kinds of life insurance for example universal life, which are combinations of the term life and whole. Naturally, there are many exceptions where the insurer does not pay, then you should understand the insurance policy cautiously prior to buying and get your agent to explain all this details.
Wednesday, August 3, 2011
Why You Have To Bin That Car Insurance Renewal
If, like me, you recently received your car insurance renewal you may have been a little shocked, or even angered, to see the price of your premium has actually gone up.
You’ve made no claims on your cover, kept a clean record and successfully added another year to your NCB, so why has your premium gone up.
The reality is you should not be surprised this has happened; in fact you should have expected it.
Quite simply, car insurance companies increase premiums upon renewal in an attempt to increase profits. With the market being so competitive companies are forced to offer low quotes to attract new customers. They then bank on customer lethargy when renewal time cones around to cash in at your expense.
There has never been such a wide choice when it comes to renewing you motor insurance policy but many people still don’t take advantage of this, instead allowing themselves to be exploited by increased renewal costs.
My advice is when your renewal comes through hit the comparison sites. A quick Google search will find some great sites to compare car insurance quotes. You’ll find the established sites such as confused.com and moneysupermarket.com as well as other you may not be familiar with.
These sites work incredibly quickly so run searches on several of them to find the cheapest car insurance quotes on offer. Then contact your existing provider and challenge them to beat you best price on a like-for-like quote.
If they can, and you’re happy with them that’s great. If not, announce their renewal letter is now in the trash and you will take your business to a more competitive provider.
If your loyalty is not rewarded do not give it. After all, there’s plenty more insurers in the sea.
Give Me Five Minutes and I’ll Give You Cheaper Car Insurance
Sounds like I’m promising the world on a stick doesn’t it? In reality I’m talking a couple of minutes to read this post and a couple more spent taking advantage of one of the easiest money saving opportunities available when it comes to car insurance.
All you have to do is SHOP AROUND! And better still you can search for car insurance quotes online almost instantly. I say almost because you will need to answer some questions but it beats answering the same questions over and over again.
Despite the ease of online comparison many people still ring round multiple insurers to find a quote or worse still accept their annual renewal which can be a big mistake. If you’ve got a classic of high performance car then fair enough you might need a specialist insurer but for the vast majority of us a price comparison of car insurance companies can be a great money saver.
Some you will have heard of, big names such as confused.com and moneysupermarket.com have been around for years. Now there is even more choice with sites such as gocompare.com and comparethemarket.com to mention but two.
A simple Google search for car insurance will open up a plethora of comparison services, some will be better than others but the four mentioned above would be a good place to start.
So how do these sites work? Simple, you fill in one form and their search multiple car insurance companies, again some are better than others but you should be looking to get between 30 and 50 quotes inside two minutes which you have to admit is one hell of a time saver.
Give it a go and see how far you can lower your motor insurance quote.
Tuesday, August 2, 2011
Tescocompare.com Enters Car Insurance Comparison Market
Today sees the introduction of the latest financial comparison website to hit the UK. Tesco have launched tescocompare.com which will initially offer a car insurance comparison service before moving into other areas.
Facing fierce competition, in an already crowded market, that includes household names such as confused.com and moneysupermarket.com; Tesco, according to managing director Peter Dingle, aim to make an impact by focusing on accurate quotes and policy details:
“We have placed great emphasis on the fact that our site not only compares price but also looks at individual policy features to allow users to make sure they are getting the right policy for them. There will be no extra costs or charges when it comes to paying your insurance, the price quoted will be the same as if the customer went direct."
It is the last part “the price quoted will be the same as if the customer went direct” that is bound to stir up intrigue within the industry. One criticism of some motor insurance comparison services is that the quotes they find sometimes differ from what is offered upon application. This is because of assumptions the aggregator sites have to make and is something they continually strive to improve.
So how does tescocompare.com aim to deliver on this promise?
The tescocompare.com site has been launched in partnership with the Royal Bank of Scotland. The comparison service offered by this paring covers 25 insurance brands. They includes Churchill and Privilege; owned by RBS and Virgin Money, Lloyds TSB and Nationwide; underwritten by RBS.
By having this close control over the insurers on its panel their hope is they can provide greater accuracy. After the teething problems experienced by tescocompare.com on its debut it is hard to pass judgement on the quality of its service.
One notable absentee from the panel of compared insurers is Direct Line, one of RBS’ largest brands, who recently launched scathing attacks on the price comparison arena and appear to be sticking to their guns.
So will Tesco triumph in yet another industry? Only time will tell, they certainly have the brand power and the marketing budget but will limiting their panel to the RBS stable prove a wise move? Or will it restrict their ability to offer the cheapest car insurance quotes compared to sites such as confused who compare 95% of the market?
You decide…
Sunday, July 31, 2011
Limit Your Mileage For Cheaper Car Insurance
Just a very quick post to highlight a very quick money saving tip:
If you’ve applied for car insurance before you’ll know the insurer/broker/comparison site always ask you’re expected annual mileage.
The answer you give has a direct impact on the cost of your car insurance premium.
However, you can use this to your advantage. Before you next apply for a car insurance policy work out how many miles you expect to drive in the next 12 months and if it’s lower than you normally say make sure you let your insurer know.
Driving fewer miles means less chance of having an accident, less chance of making a claim and, in the eyes of insurers, makes you less of a risk.
The result can be a nice little reduction in your car insurance quote. I’ve just tested this myself on moneysupermarket.com and I was able to cut my potential quote from £411 to £390, a saving of just over 5%
This is a great little saving that’s so easy to do, give it a try!
Lowering Your Auto Insurance Costs
Vehicle insurance - a cost we all must bear if we want to drive. But you might be surprised at
how varied the rates for car insurance can be in your area. Definitely shop around for your car
insurance. Don’t just go with the first agent you speak with.
Now, thanks to the internet, you can shop around right from the comfort of home. Go ahead and
get at least three price quotes from different kinds of insurance companies.
If you’re in the market for a new car, call to see how much it will cost to insure in the first place.
Having a car alarm and other anti-theft devices can help lower your costs.
Always ask about discounts. Don’t be shy. Companies expect this!
What’s my cost if I have a 0 deductible? (Increasing your deductible from 0 to 0
could reduce your collision and comprehensive coverage cost by as much as 30 percent.)
How about a ,000 deductible? Going to a ,000 deductible can save you 40 percent or
more. (Now if you don’t keep at least this much in the bank, don’t choose this option!)
If your car is worth less than 10 times the annual insurance premium, purchasing extra
coverage may not be cost effective. That’s one great thing about owning an old car!
My credit rating is excellent. I always pay my bills on time.
What if we insure more than 1 car with your company?
I haven’t had an accident in more than three years…
I haven’t had a traffic ticket in three years…
I’ve taken a driver’s training course.
My car has an anti-theft device.
I don’t put a lot of mileage on my car in a year’s time.
I carpool.
My car has air bags.
My car is quipped with anti-lock brakes.
I have daytime running lights.
I’m a student driver with good grades.
Since I have both auto and home coverage with you, do I qualify for a discount?
I’m a college student away from home…
I’ve been a long time customer…
My mom and dad use your company…
Do you offer any other discounts? Some companies offer reduced rates to drivers who get
insurance through a group plan from their employers and other professional groups. It can’t hurt
to ask.
Not every company will offer the same discounts. Compare the final prices the various
companies offer you. It pays to shop around for your car insurance!
how varied the rates for car insurance can be in your area. Definitely shop around for your car
insurance. Don’t just go with the first agent you speak with.
Now, thanks to the internet, you can shop around right from the comfort of home. Go ahead and
get at least three price quotes from different kinds of insurance companies.
If you’re in the market for a new car, call to see how much it will cost to insure in the first place.
Having a car alarm and other anti-theft devices can help lower your costs.
Always ask about discounts. Don’t be shy. Companies expect this!
What’s my cost if I have a 0 deductible? (Increasing your deductible from 0 to 0
could reduce your collision and comprehensive coverage cost by as much as 30 percent.)
How about a ,000 deductible? Going to a ,000 deductible can save you 40 percent or
more. (Now if you don’t keep at least this much in the bank, don’t choose this option!)
If your car is worth less than 10 times the annual insurance premium, purchasing extra
coverage may not be cost effective. That’s one great thing about owning an old car!
My credit rating is excellent. I always pay my bills on time.
What if we insure more than 1 car with your company?
I haven’t had an accident in more than three years…
I haven’t had a traffic ticket in three years…
I’ve taken a driver’s training course.
My car has an anti-theft device.
I don’t put a lot of mileage on my car in a year’s time.
I carpool.
My car has air bags.
My car is quipped with anti-lock brakes.
I have daytime running lights.
I’m a student driver with good grades.
Since I have both auto and home coverage with you, do I qualify for a discount?
I’m a college student away from home…
I’ve been a long time customer…
My mom and dad use your company…
Do you offer any other discounts? Some companies offer reduced rates to drivers who get
insurance through a group plan from their employers and other professional groups. It can’t hurt
to ask.
Not every company will offer the same discounts. Compare the final prices the various
companies offer you. It pays to shop around for your car insurance!
Your Car Insurance in 2008
For most of us the hassle of managing our finances gets more difficult every year; food bills, petrol prices, council tax, utility bills and mortgages repayments are set to rise in 2008.
Add to that credit cards, loans, holidays, Christmas (yes I mentioned the “C” word in January) and 2008 is already shaping up to be an expensive and stressful year.
Insurance makes matters worse too; house, car, life, travel, pet the list goes on and on.
With all this to handle a little friendly advice can go along way so when it comes to car insurance we’re happy to start 2008 with an overview of what you can expect from your car insurance provider and how to get the best deal.
Lets start with the bottom line, money…
Cost
Car insurance in 2008 can be summed up in two words: HIGHER PREMIUMS
Nobody wants to pay them but this is what many of us will face in 2008 unless positive action is taken.
Insurance companies should exist to provide protection at a reasonable price. But many exist to make profit. All have expenses to cover and many have shareholders to please.
As a result they need to make more money. And where do they get this from? Us of course!!
Many insurance renewals this year will be sent out not with lower quotes to reward loyalty but with premium increases to take advantage of customer lethargy and improve revenue figures.
It’s not just existing drivers that will be targeted either; those who pass their tests in 2008 will face high motor insurance costs as companies use “high risk” drivers with no NCB to boost profits – young drivers, especially young make drivers (read “boy racer” in insurer’s eyes) will be ruthlessly targeted.
So how do we combat rising insurance costs in 2008? We start by confronting the insurance companies themselves…
Insurance Companies
As we’ve already said insurance companies exist to make profit BUT they also need to compete with each other to win our custom.
This is where we can push the advantage of “you need me more than I need you”.
When that renewal letter arrives odds are you will be looking at a rise in the cost of you car insurance premium.
Should this be the case call your insurer immediately and challenge the increase.
If you’ve made no claims during the year and built up more NCB then a rise in price is unfair and unacceptable. Insurers are banking on the chance you won’t fight back and in the majority of cases confronting your insurer will result in your premium being lowered in order for them to retain your business.
If you are getting insurance for the first time then shop around for quotes and play the insurers against each other, challenging them to beat the price offered by their competitors in order to win you as a valuable customer can lead to huge savings.
Remember insurance agents are under pressure to meet targets so use this to drive down the price.
Now that we’ve taken the first steps to avoiding higher car insurance costs we shouldn’t rest on our laurels. There are savings to be had if you’re prepared to spend a little time on the research.
Whether you want to switch from your current insurance company or you’re buying car insurance for the first time using price comparison sites can help…
Price Comparison Sites
Millions of people in the UK use price comparison sites every year to buy their car insurance online.
Using these sites you can search once and get quotes from around 50-60 insurance companies.
This is an excellent tool in helping to compare prices and unearth good deals, but how will they work in 2008?
Firstly there will be more of them, over the last few years the two main names were confused.com and moneysupermarket.com – in 2007 many others including gocompare.com, comparethemarket.com and tescocompare.com emerged.
In 2008 we can expect to see even more variations start up, trying to cash in by referring us to insurance providers
With more competition in the price comparison market our best bet is to use several of them to search for car insurance quotes, some will have better technology or exclusive offers so results will differ from site to site.
Nevertheless price comparison sites do take a lot of the hard work aware from getting quotes and if they can help us save money on our car insurance then they are certainly worth a few minutes of our time.
Armed with the knowledge that we can challenge our insurers over the cost of our policy and with a vast array of free comparison services at our disposal what is there to stop us making a saving on our car insurance in 2008?
Well in a word…
…us
One of the main factors in a customer paying high insurance premiums is the customer themselves…
Customers
Lets not mince words, we all hate insurance; it costs to much, takes time out of our lives to arrange and deep down we all think insurance companies are out to rob us.
The result of all these negative thoughts is we don’t link having to deal with insurance, we’d rather just push it to the back of our minds and forget about it.
But this is exactly what the insurance companies rely on when they send out your annual renewal (accompanied with a vicious price increase)
The onus is on you, me and all other customers to fight back and obtain a fair and competitive policy. Any remnants of being rewarding for your loyalty is fast evaporating from the insurance market.
Summary
There is no hiding away from it; 2008 is going to be hard on our finances and when it comes to car insurance we face the prospect of higher premiums
But all is not lost; we know we can use the competitive nature of the market against the insurance companies and that we can use price comparison tools to quickly compare a large number of quotes.
Once you find the best deal for you it’s time to be ruthless and switch.
Let battle commence!
California Department of Insurance Contact Information
California Department of Insurance Contact Information The California Department of Insurance is responsible for enforcing many of the insurance-related laws of the state. We are foremost a consumer protection agency. Our number one priority is to protect insurance consumers by regulating the industry’s practices and encouraging a healthy marketplace, which is one of the largest in the world.
Consumer Inquiries and Assistance
Consumer Communications Bureau
300 South Spring Street,
South Tower
Los Angeles, CA 90013
800-927-HELP (4357)
Out-of-State Caller
213-897-8921
Producer Licensing Bureau
California Department of Insurance
320 Capitol Mall
Sacramento, CA 95814
Sacramento Office
800-967-9331
916-322-3555
Fraud Division
California Department of Insurance
9342 Tech Center Drive
Suite 100
Sacramento, CA 95826
Phone: 916-854-5760
Fax: 916-255-3202
Fraud
@Insurance.ca.gov
* Complete list of Fraud Division Regional Offices
Consumer Inquiries and Assistance
Consumer Communications Bureau
300 South Spring Street,
South Tower
Los Angeles, CA 90013
800-927-HELP (4357)
Out-of-State Caller
213-897-8921
Producer Licensing Bureau
California Department of Insurance
320 Capitol Mall
Sacramento, CA 95814
Sacramento Office
800-967-9331
916-322-3555
Fraud Division
California Department of Insurance
9342 Tech Center Drive
Suite 100
Sacramento, CA 95826
Phone: 916-854-5760
Fax: 916-255-3202
Fraud
@Insurance.ca.gov
* Complete list of Fraud Division Regional Offices
Choosing to Get Classic Car Insurance >> NEW
Those who own classic cars know the love, care and attention that go into taking care of these cars. Whether you drive it around or not, it is still a good idea to get classic car insurance that is made special for those who own classic cars. One of the reasons to get classic car insurance is because the classic cars are quite expensive thus it is more prone to thief compared to other types of cars. Since classic cars are more expensive and are exposed to higher risk of thief, getting a regular insurance coverage may not really be enough to protect your classic car.To make sure that your classic car is fully protected, you should always buy adequate classic car insurance for your car. The good thing about a classic car insurance is that it allows to you ensure your vehicle based on its true value rather than stated value. Yes, getting classic car insurance may be a bit costly but if you really want to safeguard your car against theft, accidents and the likes, getting classic car insurance is a must.
Classic Car Insurance
In America today, less that half of collector cars on the road are insured with classic car insurance. These policies have been available for a long time, but many people do not know about them. Most people have a regular insurance policy with high premiums and restrictive policies. You won't get that with classic car insurance. Standard premiums can be at much as 500 percent higher. Why pay that much for such a limited amount of coverage?There are a few different types of coverage that you have with classic car insurance. There is actual cash value that gives you the book value of the car on a claim, the state value that lets you state the value of the vehicle for coverage, and there is the agreed value that guarantees all of your money back in the event of a total loss. This is the only policy that will not depreciate over the years.
If you are wondering what is considered a collectible vehicle, it may be hard to define. There are many different types of cars that are collected these days, so to find out if your beauty is considered a collectible, you will want to contact a classic car insurance carrier in order to see if your car qualifies for this great insurance.
Finding the Very Best Classic Car Insurance
Before you start hunting for a classic car insurance company for your car, you need to find out first how much the true value of your car is. Getting the true value can sometime be tricky. Bear in mind that an insurance company will want to know how much insurance you want on your car so you need to know the true value of your car.
The value of classic cars can vary and it can be greatly increase based on its uniqueness, its model, its present condition, its age and its history. If your car has some really great history attached to it which can be verified, you can fetch a handsome price on that car. To determine how much is the true value of your classic car, bring your car to an appraiser who works with classic cars in your locality. The classic car appraiser should be able to give you the true value of your classic car.
After determining the market value which is the true value of your classic car, you may now start hunting for a classic car insurance company. First you should call those well known classic car insurance companies. Ask these classic car insurance companies for insurance quotes depending upon the true value of your classic car. When comparing insurance quotes from all these classic car insurance companies, pay close attention to the features of the policy and the cost. Make sure that the cost of the insurance is well justified. You do not really want to pay more money than you should on your car insurance.
The Truth and Lies About Your Car Insurance
If you are a newbie in insurance policies, it is best to be educated on the subject. There are many myths and realities in dealing with insurance companies. It is necessary for you to have a general idea about such insurance rates so that you won't have problems later on.
Car insurance is needed by people who want to be assured that their cars won't experience distress, especially when the time comes and they get into an accident or anything else. There are things in this world that you have to be aware and to prepare for. This is why it is vital to assess and choose the most affordable and most reasonable price for your car insurance.
Hence, it is true that the insurance quotes reflect the cost of certain automobile- related expenses. In fact, there are many explanations on how the increasing cost of such insurances is accumulated.
Each year millions of people get into car accidents that involve personal injury. With this type of incidents, the typical price range of such treatment is around ,000 to ,000. Thus, this can easily turn into tens of thousands of dollars, depending on the type of car.
This problem is actually joined by the trouble of increasing claims of automobile injury, which are currently as much as 30 % in some states. These dilemmas can turn into the new car insurance holder's burden of additional payments or premiums.
Moreover, another reason for this is the legal expenses that the company needs to pay due to the fact that an average jury award for vehicular liability cases are continuing to rise and can put up the pressure on auto insurance rates.
An average liability can cost from about 7,000 up to 9,000. This was the estimated record from the year 1994 up to the year 2000, respectively. Thus, the number one cause of death for people ages 1 up to 34 is car accident.
According to the United States Department of Transportation, these deaths cost more than 0 billion annually. People who are under the use of prohibited drugs, alcohol abuse, high- speed driving and are not using a seat belt are the leading people who are at risk of such an accident. Auto repair has also increased because of the rapid advancing age of technology, along with construction and design that have now become a must in this era. Automotive innovations and repair costs have increased tremendously and thus, higher car insurance may ensue because of this.
Hence, there is a notion that red cars cost more insurance. This is not true. Colour is never a determinant factor in calculating one's car insurance rate. The factors that are important are the year, model, body, type, engine size and the age of the car. Even if you have a cheap car but you have a large engine, or it is an unusual model, it might cost a lot to have it insured as compared to a more expensive small car.
Then again, you will pay for a lesser amount in comprehensive coverage, which can cover the damage that is usually brought about by vandalism, hail, fire or even animal accidents. There is also a case, in which, two speeding tickets can make your car insurance rate go up.
Plus, it is also not true that every car insurance company can charge anyone on any way they please. Despite the increasing expenses of this company, they still have a way of covering all the damages and they also have regulators that review their customer rates.
It is also important to take note of the amount of your car, where in, it's insurance will most likely have a relative cost to. This is due to the fact that some companies shoulders only a minimum amount and will not cover certain accidents. Of course, this will result into a lawsuit but they will not include all the damages. So, it is wiser to read your terms and conditions.
Thus, if someone drives your car and there is an accident, you will still be the one held responsible. You will be financially responsible for the accident. In most states, the car insurance that covers the accident is considered the primary insurance holder, which means that the insurance company is the one that should pay for the damages. Hence, there are cases that it is not enough and the driver's insurance is the next in line to pay for the remaining damages. This is primarily why you need to know the car insurance policy in your state, as well as the laws that go hand in hand with it. States and even countries differ in policies politically and geographically.
Aside from this, there are also other factors that are being considered for car insurance rates. Of course, your rate won't be the same as that of your neighbours. Your age, nature of your work, driving record, type of vehicle and marital status are all considered. This can really vary depending on the company's standards. Sometimes, your charge can go down when you turn 25 because this is the time when car accidents go down. The extremes of ages, like that of a teenager and that of the forty year old individual is where the accident rate is at its highest.
Lastly, there is a so called rental reimbursement that can cover and pay for your rental car. This is for cases, wherein, you are on vacation and you just rented a car that resulted into an accident. This will help drivers pay for the damages to the car but this still depends on the limits you selected. Having more than one insurance policy is not really money- saving technique. In fact, it is more expensive. Most of the time, you can save your money by getting the best rate available in one company. Thus, if you want different types of insurance like that of the auto and homeowners insurance, you can look for another company that can give you the best deal. At times, you will get better deals from different insurance companies.
Car insurance is a way of preparing yourself for some stressful moments while driving your car. Getting one doesn't mean that you are already assuming that you will encou7nter car theft or car accidents. Getting car insurance is a lot like accepting the reality that these things happen and that it is best to be prepared. This is better than not having a car insurance at all and end up paying more, just because you decided is best not to have one. Since car insurances these days have death or disability insurance for the driver or owner of the car, it is a lot like caring for your family and loved ones by leaving them with nothing to worry about.
Since there are many car insurance agencies these days, it is best to assess each one and check which has been in the industry for a long time. You can also check with friends for referrals. This is actually the best thing to do as compared to believing in advertisements and flyers.
Car insurance is needed by people who want to be assured that their cars won't experience distress, especially when the time comes and they get into an accident or anything else. There are things in this world that you have to be aware and to prepare for. This is why it is vital to assess and choose the most affordable and most reasonable price for your car insurance.Hence, it is true that the insurance quotes reflect the cost of certain automobile- related expenses. In fact, there are many explanations on how the increasing cost of such insurances is accumulated.
Each year millions of people get into car accidents that involve personal injury. With this type of incidents, the typical price range of such treatment is around ,000 to ,000. Thus, this can easily turn into tens of thousands of dollars, depending on the type of car.
This problem is actually joined by the trouble of increasing claims of automobile injury, which are currently as much as 30 % in some states. These dilemmas can turn into the new car insurance holder's burden of additional payments or premiums.
Moreover, another reason for this is the legal expenses that the company needs to pay due to the fact that an average jury award for vehicular liability cases are continuing to rise and can put up the pressure on auto insurance rates.
An average liability can cost from about 7,000 up to 9,000. This was the estimated record from the year 1994 up to the year 2000, respectively. Thus, the number one cause of death for people ages 1 up to 34 is car accident.
According to the United States Department of Transportation, these deaths cost more than 0 billion annually. People who are under the use of prohibited drugs, alcohol abuse, high- speed driving and are not using a seat belt are the leading people who are at risk of such an accident. Auto repair has also increased because of the rapid advancing age of technology, along with construction and design that have now become a must in this era. Automotive innovations and repair costs have increased tremendously and thus, higher car insurance may ensue because of this.
Hence, there is a notion that red cars cost more insurance. This is not true. Colour is never a determinant factor in calculating one's car insurance rate. The factors that are important are the year, model, body, type, engine size and the age of the car. Even if you have a cheap car but you have a large engine, or it is an unusual model, it might cost a lot to have it insured as compared to a more expensive small car.
Then again, you will pay for a lesser amount in comprehensive coverage, which can cover the damage that is usually brought about by vandalism, hail, fire or even animal accidents. There is also a case, in which, two speeding tickets can make your car insurance rate go up.Plus, it is also not true that every car insurance company can charge anyone on any way they please. Despite the increasing expenses of this company, they still have a way of covering all the damages and they also have regulators that review their customer rates.
It is also important to take note of the amount of your car, where in, it's insurance will most likely have a relative cost to. This is due to the fact that some companies shoulders only a minimum amount and will not cover certain accidents. Of course, this will result into a lawsuit but they will not include all the damages. So, it is wiser to read your terms and conditions.
Thus, if someone drives your car and there is an accident, you will still be the one held responsible. You will be financially responsible for the accident. In most states, the car insurance that covers the accident is considered the primary insurance holder, which means that the insurance company is the one that should pay for the damages. Hence, there are cases that it is not enough and the driver's insurance is the next in line to pay for the remaining damages. This is primarily why you need to know the car insurance policy in your state, as well as the laws that go hand in hand with it. States and even countries differ in policies politically and geographically.
Aside from this, there are also other factors that are being considered for car insurance rates. Of course, your rate won't be the same as that of your neighbours. Your age, nature of your work, driving record, type of vehicle and marital status are all considered. This can really vary depending on the company's standards. Sometimes, your charge can go down when you turn 25 because this is the time when car accidents go down. The extremes of ages, like that of a teenager and that of the forty year old individual is where the accident rate is at its highest.
Lastly, there is a so called rental reimbursement that can cover and pay for your rental car. This is for cases, wherein, you are on vacation and you just rented a car that resulted into an accident. This will help drivers pay for the damages to the car but this still depends on the limits you selected. Having more than one insurance policy is not really money- saving technique. In fact, it is more expensive. Most of the time, you can save your money by getting the best rate available in one company. Thus, if you want different types of insurance like that of the auto and homeowners insurance, you can look for another company that can give you the best deal. At times, you will get better deals from different insurance companies.
Car insurance is a way of preparing yourself for some stressful moments while driving your car. Getting one doesn't mean that you are already assuming that you will encou7nter car theft or car accidents. Getting car insurance is a lot like accepting the reality that these things happen and that it is best to be prepared. This is better than not having a car insurance at all and end up paying more, just because you decided is best not to have one. Since car insurances these days have death or disability insurance for the driver or owner of the car, it is a lot like caring for your family and loved ones by leaving them with nothing to worry about.
Since there are many car insurance agencies these days, it is best to assess each one and check which has been in the industry for a long time. You can also check with friends for referrals. This is actually the best thing to do as compared to believing in advertisements and flyers.
Auto Insurance in France
Auto insurance is legally required in France
Auto insurance is a legal requirement in France, as it is in Britain. Make no mistake about this, because not having Auto insurance is an offence punishable by six months in prison, and that is not the ideal way to spend your holiday or new life in France! However, although there is a lot of conflicting information out there about Auto insurance in France, it isn't as complicated as it may at first appear, and you can take heart from the fact that millions of Brits have already managed to sort it out satisfactorily.
Auto insurance options
There are a number of options open to the British driver who wishes to drive in France. The best way forward depends very much on individual circumstances and requirements, and depends to some considerable degree on whether or not you are a resident of France, of another European Union country, or of a non EU country.
Auto hire in France
If you are a short term visitor only, then you may find that a simple Auto hire agreement is the most straightforward solution for you. Auto hire firms may offer special deals, and rates are usually competitive and reasonable. The advantage of doing this is that the Auto is easily available from your point of arrival in France, and can be dropped off at your point of departure, and you do not have to worry about insurance or “controle techniques” or complex registration processes! Auto insurance through Auto hire firms in France differs as it does in the UK. It would always be best to hire the Auto through a reputable company, check what fully comprehensive insurance actually covers, and look into the costs of paying extra for collision damage waiver which may not be included initially.
Long-term solution for your Auto insurance in France
If, however, you are going to be in France for long periods of time, or on a very regular or permanent basis you will need to take the bull by the horns and finds a long term solution.
Auto insurance for residents of Non European Union Countries
If you are resident of a non EU country such as Canada or the USA, you can take advantage of a great system known as the TT scheme. Citroën run one such scheme, in which you receive a Auto under temporary ownership at a very low price. Tax, insurance etc. is all taken care of for you, and you can use the Auto for a minimum of 17 days and a maximum of 180. The Autos are fitted with easily recognisable plates, so you are unlikely to get any hassle from the police.
Auto insurance in France using your existing Auto insurance company
The easiest way to insure your Auto in France if you are still resident in the UK, is to contact your existing Auto insurance company, to extend your UK policy to cover France. Usually Autos are covered for third party in EU countries, but it would be advisable to increase cover to fully comprehensive. It would be well worth looking into the breakdown insurance that is offered too, as many offer an excellent package with English speaking assistance provided. Check the options on offer as some Auto insurance companies include everything in one package, while others offer a cheaper initial deal but leave out important cover. It would be worth making sure that the cover includes road-side assistance, replacement parts cover and providing over-night accommodation when necessary. Some will get your Auto back to the UK, others won’t.
Green card system
If you have an English registered vehicle which you wish to drive in France, you may wish to take out a Green Card .This is not an insurance policy in itself, but simply an internationally recognised card which guarantees that you have suitable legal insurance from your own country. It is not, strictly necessary for EU drivers in France, but it can be a useful item should you be stopped or, involved in any accident. Your insurer in England should be able to issue this card on request, and there should be no extra cost although some agents charge a small administrative fee. This option, however, is only suitable for those who are UK residents. If you are resident in France the rules are quite different. Please note also, that this is only suitable for those who only need to drive the vehicle in France for less than 90 days per year.
Auto insurance for a second Auto in France
One option which you may consider is that of keeping a second Auto in France for use when you are in the country. This is feasible, but you must understand that the legal requirement for insuring such a vehicle is different from the requirement in Britain. In the UK, once you have filled in a SORN form you can legally withdraw insurance payments until such time as you wish to re-use the Auto. In France, although you must notify your insurer that your Auto is off the road, as in the UK, you are legally bound to maintain third party insurance on the vehicle at all times. Another factor to consider is the cost of second hand Autos in France... if cost is an issue, which it is for many of us! Second hand Autos in France are much more expensive, as a rule, than they are in Britain, so this needs to be built in to the planning if you are considering this option.
Auto insurance for French residents
If you are a permanent resident in France you are bound by French law. French law states that if you are resident in France, insurance on your vehicle is part of your "responsibilité civile". If you are a French resident, to comply fully with French law you must register and insure your vehicles within the French system, which means changing your UK plate to a French plate. It is possible to legally drive an English registered vehicle which is insured with a French insurer, but usually only for six months, and only when you are involved in the process of changing the registration of the vehicle to a French plate. (Although some have been told that as a French resident, you have one month to complete the registration unless there is a valid reason that will take you beyond that time.) It will be necessary to go the local Hotel des Impots and ask them for a quittus fiscal certificate. The certificate is free and incorporates your authority to drive your UK vehicle on its foreign plates for a month (or however long agreed by the authorities), whilst you arrange the registration.
Auto insurance for English number plates
Many French insurance companies are not keen to offer a service of insurance for English plated vehicles, but if you shop around you will find one who can. AGF are a company who are usually amenable to this, and are very reasonably priced as well. Do begin the process of changing to a French plate as soon as possible though... like everything that you do in France you will find it takes for ever, requires more paperwork than you ever thought possible and is inevitably more complicated than you expected!
Auto insurance and tax in France
There is another reason too, for changing to a French plate as soon as possible. If you have an English plated vehicle which is based in France, yet you make trips to the UK in that vehicle, you can run into the problem of tax. In France there is no system of tax discs as there is in the UK. This means that unless you continue to pay to maintain a UK tax disc, when you enter the UK you are immediately driving illegally. A fully French registered vehicle in England does not face this problem, as the differences in the systems are recognised and accepted.
French Auto insurance
French Auto insurance is similar to, but different from the British system in certain ways. It is basically three tier, with the minimum legal requirement being third party insurance (au tiers) only. Remember this is essential on all vehicles even if off road. The next level is third party, fire and theft, (au tiers illimité, or au tiers complet) and the third is the fully comprehensive, (tous risques). After this, bespoke packages can be created to suit, with your agent adding cover as required. Generally the cost is considerably less than the cost of similar insurance in the UK. Your no claims can usually be carried over from your British insurance, but you will need to supply... guess what... lots of paperwork! Your insurer will send you a ticket to place on the windscreen to show that the insurance is in place. He will also send you an accident form (constat amiable), which you should carry in your vehicle at all times.
Driving licences for French residents
And something else to bear in mind is that if you are now a French resident insuring with a French insurer, you may have to get an International driving licence or a French driving licence. It may sound simple but it isn't necessarily so. You have to be resident in France six months before you can apply to change your licence. The form to be filled in is obtainable from the Sous-Prefecture or similar office, and you also need two passport photos, proof of identity (passport) and proof of domicile (EDF or FranceTelecom bill, or better still, a French medical card obtained from a doctor).
UK driving licences for French residents
However, to avoid having to apply for an International driving licence or French one, it is now possible if you are a French resident, to keep your UK driving licence until it's date of expiry, but you must be aware of a few things. Firstly, this used to be a problem and still is with some French insurers, as many wouldn't accept a UK driving licence. As this is now EU law however, this shouldn't be a problem for much longer. Secondly, you must still have a UK address for your UK driving licence, even if it is your previous UK address. Thirdly, you will still need to follow French law regarding driving licences, eg: age restrictions, validity of licences, medical checks. And finally, if you incur penalty points or road traffic offenses on your licence in France, you will need to change to a French licence. This is more likely to occur if stopped in person by the police.
How to get French Auto insurance
There are insurance (assurance) agents in every town... probably several of them. If your French is good enough you could try the straightforward “walk in” approach and see what services they can offer you. (Learning to speak French - Misadventures in a Foreign Tongue). If your French is shaky, however, the tried and tested “word of mouth” system is useful. Talk to other ex-pats in your area, find out what companies they use and what services are offered.
French Auto insurance companies AXA and AGF
Failing this, there are two large Auto insurance companies which are well versed in dealing with British drivers who need to insure vehicles in France. These are AXA and AGF. AXA have UK agents, and both companies have many English speaking staff (although not necessarily in every office). You do not, of course, need to insure with a local agent as everything is done by post, so you can use an English speaking agent from the other end if the country if you can't find one locally. Shop around until you find the package... and the agent... that suits you.
Final Auto insurance advice
Insurance is one of those things in life which can seem an expensive hassle until you need it. Then it magically becomes the wisest and best thing you ever did!
Auto insurance is a legal requirement in France, as it is in Britain. Make no mistake about this, because not having Auto insurance is an offence punishable by six months in prison, and that is not the ideal way to spend your holiday or new life in France! However, although there is a lot of conflicting information out there about Auto insurance in France, it isn't as complicated as it may at first appear, and you can take heart from the fact that millions of Brits have already managed to sort it out satisfactorily.
Auto insurance options
There are a number of options open to the British driver who wishes to drive in France. The best way forward depends very much on individual circumstances and requirements, and depends to some considerable degree on whether or not you are a resident of France, of another European Union country, or of a non EU country.
Auto hire in France
If you are a short term visitor only, then you may find that a simple Auto hire agreement is the most straightforward solution for you. Auto hire firms may offer special deals, and rates are usually competitive and reasonable. The advantage of doing this is that the Auto is easily available from your point of arrival in France, and can be dropped off at your point of departure, and you do not have to worry about insurance or “controle techniques” or complex registration processes! Auto insurance through Auto hire firms in France differs as it does in the UK. It would always be best to hire the Auto through a reputable company, check what fully comprehensive insurance actually covers, and look into the costs of paying extra for collision damage waiver which may not be included initially.
Long-term solution for your Auto insurance in France
If, however, you are going to be in France for long periods of time, or on a very regular or permanent basis you will need to take the bull by the horns and finds a long term solution.
Auto insurance for residents of Non European Union Countries
If you are resident of a non EU country such as Canada or the USA, you can take advantage of a great system known as the TT scheme. Citroën run one such scheme, in which you receive a Auto under temporary ownership at a very low price. Tax, insurance etc. is all taken care of for you, and you can use the Auto for a minimum of 17 days and a maximum of 180. The Autos are fitted with easily recognisable plates, so you are unlikely to get any hassle from the police.
Auto insurance in France using your existing Auto insurance company
The easiest way to insure your Auto in France if you are still resident in the UK, is to contact your existing Auto insurance company, to extend your UK policy to cover France. Usually Autos are covered for third party in EU countries, but it would be advisable to increase cover to fully comprehensive. It would be well worth looking into the breakdown insurance that is offered too, as many offer an excellent package with English speaking assistance provided. Check the options on offer as some Auto insurance companies include everything in one package, while others offer a cheaper initial deal but leave out important cover. It would be worth making sure that the cover includes road-side assistance, replacement parts cover and providing over-night accommodation when necessary. Some will get your Auto back to the UK, others won’t.
Green card system
If you have an English registered vehicle which you wish to drive in France, you may wish to take out a Green Card .This is not an insurance policy in itself, but simply an internationally recognised card which guarantees that you have suitable legal insurance from your own country. It is not, strictly necessary for EU drivers in France, but it can be a useful item should you be stopped or, involved in any accident. Your insurer in England should be able to issue this card on request, and there should be no extra cost although some agents charge a small administrative fee. This option, however, is only suitable for those who are UK residents. If you are resident in France the rules are quite different. Please note also, that this is only suitable for those who only need to drive the vehicle in France for less than 90 days per year.
Auto insurance for a second Auto in France
One option which you may consider is that of keeping a second Auto in France for use when you are in the country. This is feasible, but you must understand that the legal requirement for insuring such a vehicle is different from the requirement in Britain. In the UK, once you have filled in a SORN form you can legally withdraw insurance payments until such time as you wish to re-use the Auto. In France, although you must notify your insurer that your Auto is off the road, as in the UK, you are legally bound to maintain third party insurance on the vehicle at all times. Another factor to consider is the cost of second hand Autos in France... if cost is an issue, which it is for many of us! Second hand Autos in France are much more expensive, as a rule, than they are in Britain, so this needs to be built in to the planning if you are considering this option.
Auto insurance for French residents
If you are a permanent resident in France you are bound by French law. French law states that if you are resident in France, insurance on your vehicle is part of your "responsibilité civile". If you are a French resident, to comply fully with French law you must register and insure your vehicles within the French system, which means changing your UK plate to a French plate. It is possible to legally drive an English registered vehicle which is insured with a French insurer, but usually only for six months, and only when you are involved in the process of changing the registration of the vehicle to a French plate. (Although some have been told that as a French resident, you have one month to complete the registration unless there is a valid reason that will take you beyond that time.) It will be necessary to go the local Hotel des Impots and ask them for a quittus fiscal certificate. The certificate is free and incorporates your authority to drive your UK vehicle on its foreign plates for a month (or however long agreed by the authorities), whilst you arrange the registration.
Auto insurance for English number plates
Many French insurance companies are not keen to offer a service of insurance for English plated vehicles, but if you shop around you will find one who can. AGF are a company who are usually amenable to this, and are very reasonably priced as well. Do begin the process of changing to a French plate as soon as possible though... like everything that you do in France you will find it takes for ever, requires more paperwork than you ever thought possible and is inevitably more complicated than you expected!
Auto insurance and tax in France
There is another reason too, for changing to a French plate as soon as possible. If you have an English plated vehicle which is based in France, yet you make trips to the UK in that vehicle, you can run into the problem of tax. In France there is no system of tax discs as there is in the UK. This means that unless you continue to pay to maintain a UK tax disc, when you enter the UK you are immediately driving illegally. A fully French registered vehicle in England does not face this problem, as the differences in the systems are recognised and accepted.
French Auto insurance
French Auto insurance is similar to, but different from the British system in certain ways. It is basically three tier, with the minimum legal requirement being third party insurance (au tiers) only. Remember this is essential on all vehicles even if off road. The next level is third party, fire and theft, (au tiers illimité, or au tiers complet) and the third is the fully comprehensive, (tous risques). After this, bespoke packages can be created to suit, with your agent adding cover as required. Generally the cost is considerably less than the cost of similar insurance in the UK. Your no claims can usually be carried over from your British insurance, but you will need to supply... guess what... lots of paperwork! Your insurer will send you a ticket to place on the windscreen to show that the insurance is in place. He will also send you an accident form (constat amiable), which you should carry in your vehicle at all times.
Driving licences for French residents
And something else to bear in mind is that if you are now a French resident insuring with a French insurer, you may have to get an International driving licence or a French driving licence. It may sound simple but it isn't necessarily so. You have to be resident in France six months before you can apply to change your licence. The form to be filled in is obtainable from the Sous-Prefecture or similar office, and you also need two passport photos, proof of identity (passport) and proof of domicile (EDF or FranceTelecom bill, or better still, a French medical card obtained from a doctor).
UK driving licences for French residents
However, to avoid having to apply for an International driving licence or French one, it is now possible if you are a French resident, to keep your UK driving licence until it's date of expiry, but you must be aware of a few things. Firstly, this used to be a problem and still is with some French insurers, as many wouldn't accept a UK driving licence. As this is now EU law however, this shouldn't be a problem for much longer. Secondly, you must still have a UK address for your UK driving licence, even if it is your previous UK address. Thirdly, you will still need to follow French law regarding driving licences, eg: age restrictions, validity of licences, medical checks. And finally, if you incur penalty points or road traffic offenses on your licence in France, you will need to change to a French licence. This is more likely to occur if stopped in person by the police.
How to get French Auto insurance
There are insurance (assurance) agents in every town... probably several of them. If your French is good enough you could try the straightforward “walk in” approach and see what services they can offer you. (Learning to speak French - Misadventures in a Foreign Tongue). If your French is shaky, however, the tried and tested “word of mouth” system is useful. Talk to other ex-pats in your area, find out what companies they use and what services are offered.
French Auto insurance companies AXA and AGF
Failing this, there are two large Auto insurance companies which are well versed in dealing with British drivers who need to insure vehicles in France. These are AXA and AGF. AXA have UK agents, and both companies have many English speaking staff (although not necessarily in every office). You do not, of course, need to insure with a local agent as everything is done by post, so you can use an English speaking agent from the other end if the country if you can't find one locally. Shop around until you find the package... and the agent... that suits you.
Final Auto insurance advice
Insurance is one of those things in life which can seem an expensive hassle until you need it. Then it magically becomes the wisest and best thing you ever did!
COMPARE CAR INSURANCE
Compare car insurance It is always a great idea to compare auto insurance in order to find the most suitable insurer
21st Century Insurance Company $XX Rating of "A+" (Superior) About Drive from Progressive
GMAC Insurance Company $XX Rating of "A-" (Excellent) About GMAC
Infinity Insurance Company $XX Rating of "A" (Excellent) About Infinity
Bristol West Insurance Company $XX Rating of "A+" (Superior) About Bristol West
Unitrin Insurance Company $XX Rating of "A" (Excellent) About Unitrin
Yet, we also found many insurance firms in which high commissions convert into lofty rates, with no increase in service quality," J. Robert claimed. "Great online insure rates as well as good service might be found in case consumers take the time to compare companies."
Findings
Consumer Federation of America reviewed commission data from the twenty most popular writers of insurance for both individual passenger insurance policy as well as homeowners insurance. This sum commission information combined regular commissions and dependent commissions (paid after policies are sold and based on special sales or on profitability goals).
The report compared sum commissions with cost, insurer profitability and service quality according to grievance data and consumer contentment indices. Consumer Federation of America (CFA) found that:
1. Insurance companies having lower commissions often have lower charges. This is not always the situation, so consumers have to shop cautiously.
2. There is no evidence that paying higher fees to an agent or broker derives either better service or higher customer satisfaction. Actually, there appears to be no correlation between the amount of commission disbursed and the value of service supplied.
3. Some insurers propose high-quality deals. Other insurance providers have rates that are almost always high.
In less competitive businesses, some insurers may be tempted to attract market share by offering higher fees to agents or to brokers with higher costs and, sometimes, higher gains for the insurance provider. Credit insurance is one area where this kind of `reverse competition` is particularly frequent.
Instructions for Customers
We propose several tips for customers when shopping for web insure:
1. Shop around! This study revealed that monthly payment charges usually ascend with commissions, though this isn`t always correct. Consumers should be sure to get quotes from several of the lowest premium insurance companies, including the direct writers of insurance that typically don`t disburse commissions.
2. Consumers don`t need to disburse more to get excellent service. Some of the companies with the most excellent service records have low prices and low or no commissions. It is worthwhile to shop among the firms which have the lowest prices and the highest customer contentment/lowest complaint ratios.
3. In order to get information about insure policy rates, check state cost information guides. Most of the states have cost information guides. Regularly, customers are able to download these guides from the country`s insurance department site.
4. In order to receive grievance information on insurance providers, check in the National Association of Insurance Commissioners` web-site, www.naic.org.
5. Be cautious with going to just a single insurance agent or broker for web insurance, even if that insurance agent represents several insurance firms. Customers must be aware that some agents who represent more than one insurance provider might put the customer in a higher priced insurance company with larger commissions even if the customer meets the requirements for a lower cost. States don`t necessitate agents or brokers to place the customer with the most excellent insurance plan for him.
6. Ask agents or brokers the important questions:
Do you represent me or do you act for the insurance firm you are suggesting me to use?
What commission are you earning compared to the price of the online ins policy policy you are recommending me to buy?
Am I getting the lowest price between all the web ins companies that you represent for which I meet the requirements?
What other insure on line providers do I qualify for that you act for? What are the costs I would disburse at those insurance firms and what fee would you earn with every insurance provider?
Do you have a contingency commission agreement with the insurance provider you`re recommending? Please completely clarify it to me.
In case I have a claim, do you act for me or the insurance firm in the claim process? Is your reimbursement in any way connected to claims filed by me and other clients of yours?
Inquiring about Car Insurance articles? Locate below...
1. Best Ins Information
2. Get Free Insurance Quote: detailed directions for Get Insurance Agent
3. Home Insurance extensive information
We look forward to the prospect the text above which reviews the matter of car insurance is going to serve you well in your effort to reach a fresh angle on the characteristics of car insurance, which is often misunderstood.
21st Century Insurance Company $XX Rating of "A+" (Superior) About Drive from Progressive
GMAC Insurance Company $XX Rating of "A-" (Excellent) About GMAC
Infinity Insurance Company $XX Rating of "A" (Excellent) About Infinity
Bristol West Insurance Company $XX Rating of "A+" (Superior) About Bristol West
Unitrin Insurance Company $XX Rating of "A" (Excellent) About Unitrin
Yet, we also found many insurance firms in which high commissions convert into lofty rates, with no increase in service quality," J. Robert claimed. "Great online insure rates as well as good service might be found in case consumers take the time to compare companies."
Findings
Consumer Federation of America reviewed commission data from the twenty most popular writers of insurance for both individual passenger insurance policy as well as homeowners insurance. This sum commission information combined regular commissions and dependent commissions (paid after policies are sold and based on special sales or on profitability goals).
The report compared sum commissions with cost, insurer profitability and service quality according to grievance data and consumer contentment indices. Consumer Federation of America (CFA) found that:
1. Insurance companies having lower commissions often have lower charges. This is not always the situation, so consumers have to shop cautiously.
2. There is no evidence that paying higher fees to an agent or broker derives either better service or higher customer satisfaction. Actually, there appears to be no correlation between the amount of commission disbursed and the value of service supplied.
3. Some insurers propose high-quality deals. Other insurance providers have rates that are almost always high.
In less competitive businesses, some insurers may be tempted to attract market share by offering higher fees to agents or to brokers with higher costs and, sometimes, higher gains for the insurance provider. Credit insurance is one area where this kind of `reverse competition` is particularly frequent.
Instructions for Customers
We propose several tips for customers when shopping for web insure:
1. Shop around! This study revealed that monthly payment charges usually ascend with commissions, though this isn`t always correct. Consumers should be sure to get quotes from several of the lowest premium insurance companies, including the direct writers of insurance that typically don`t disburse commissions.
2. Consumers don`t need to disburse more to get excellent service. Some of the companies with the most excellent service records have low prices and low or no commissions. It is worthwhile to shop among the firms which have the lowest prices and the highest customer contentment/lowest complaint ratios.
3. In order to get information about insure policy rates, check state cost information guides. Most of the states have cost information guides. Regularly, customers are able to download these guides from the country`s insurance department site.
4. In order to receive grievance information on insurance providers, check in the National Association of Insurance Commissioners` web-site, www.naic.org.
5. Be cautious with going to just a single insurance agent or broker for web insurance, even if that insurance agent represents several insurance firms. Customers must be aware that some agents who represent more than one insurance provider might put the customer in a higher priced insurance company with larger commissions even if the customer meets the requirements for a lower cost. States don`t necessitate agents or brokers to place the customer with the most excellent insurance plan for him.
6. Ask agents or brokers the important questions:
Do you represent me or do you act for the insurance firm you are suggesting me to use?
What commission are you earning compared to the price of the online ins policy policy you are recommending me to buy?
Am I getting the lowest price between all the web ins companies that you represent for which I meet the requirements?
What other insure on line providers do I qualify for that you act for? What are the costs I would disburse at those insurance firms and what fee would you earn with every insurance provider?
Do you have a contingency commission agreement with the insurance provider you`re recommending? Please completely clarify it to me.
In case I have a claim, do you act for me or the insurance firm in the claim process? Is your reimbursement in any way connected to claims filed by me and other clients of yours?
Inquiring about Car Insurance articles? Locate below...
1. Best Ins Information
2. Get Free Insurance Quote: detailed directions for Get Insurance Agent
3. Home Insurance extensive information
We look forward to the prospect the text above which reviews the matter of car insurance is going to serve you well in your effort to reach a fresh angle on the characteristics of car insurance, which is often misunderstood.
Saturday, July 30, 2011
Car Insurance Quotes | Car Insurance | Cheap Car Insurance | Auto Insurance
Auto insurance is a primary need for all vehicles. Your vehicle is barely insecure when it has not been insured; nobody knows what happens next in today’s flying world. Along with your own security your car ought to be insured. Now you can easily get your car insured online because it will save your time and money at the same time. Our online portal provides you to get insured your car today at http://cwik.com. Our car insurance quotes are suitable to your car and pocket at the same time.
Our online quotes are far better in pricing to safeguard your car than any other online space. We have car insurance quotes to suit all of your subsequent needs to keep your car up to date. Online quotes will differentiate our pricing at reasonable low rates from all other online insurance companies. We have the cheapest car insurance quotes to fill the blank-space left by other insurance companies. We ascertain the fact that your car no matter where met with an unwanted or unexpected damage our services will reform it to perfection.
Subsequently in order to have cheap car insurance you may contact our online space at any time round the clock to secure a meeting for the insurance of your car. As soon as you have secured a quote for your car you will not fall short to get your car repaired any time. You have the facility to compare prices and than take a final decision. To provide your car with safeguard is our chief responsibility.
Car insurance is most important in any comparison with any other available service. We assure the guarantee of lifetime adherence. From repairing to the adding some bucks to original cost of your car. We have established such facilities which empower you to protect your assets. Our prime importance is always directed towards the betterment of generation next facilities. Wherever you may go, you will find quotes and pricing cut throat but we assure you the supreme safeguard with row-breaking cheap services. Our services are unique and singular. Once you acquire the service you will always come to be served with open confidence.
In today’s competitive standards your car needs pivotal importance. We have arranged all the essentials to guide you through the process. The process is simple and straight. Select a quote that suits your pocket add to cart conventional service. No body knows the future but every body has chance to secure it by planning for it with rational consideration. Our utmost is inclined to comfort you with fine services. Our all service all mainly targeted to make you able to compare all the quotes with any quote available online and then select the one.
Everything available needs insurance these days due to scarcity of roads and everything. Your car, therefore, requires to be insured to drive it confidently wherever you want to take it to. Before our online portal you did not have much confidence about insurance services because most of the services did not produce much for the customers. They did just offer partial services at high prices. Resultantly we felt the pressing need to stay online for 24X7 to ensure you the guarantee to protect and secure your car with our sheer interest to give you the easiest and conveying service at cheap rates.
Our online quotes are far better in pricing to safeguard your car than any other online space. We have car insurance quotes to suit all of your subsequent needs to keep your car up to date. Online quotes will differentiate our pricing at reasonable low rates from all other online insurance companies. We have the cheapest car insurance quotes to fill the blank-space left by other insurance companies. We ascertain the fact that your car no matter where met with an unwanted or unexpected damage our services will reform it to perfection.
Subsequently in order to have cheap car insurance you may contact our online space at any time round the clock to secure a meeting for the insurance of your car. As soon as you have secured a quote for your car you will not fall short to get your car repaired any time. You have the facility to compare prices and than take a final decision. To provide your car with safeguard is our chief responsibility.
Car insurance is most important in any comparison with any other available service. We assure the guarantee of lifetime adherence. From repairing to the adding some bucks to original cost of your car. We have established such facilities which empower you to protect your assets. Our prime importance is always directed towards the betterment of generation next facilities. Wherever you may go, you will find quotes and pricing cut throat but we assure you the supreme safeguard with row-breaking cheap services. Our services are unique and singular. Once you acquire the service you will always come to be served with open confidence.
In today’s competitive standards your car needs pivotal importance. We have arranged all the essentials to guide you through the process. The process is simple and straight. Select a quote that suits your pocket add to cart conventional service. No body knows the future but every body has chance to secure it by planning for it with rational consideration. Our utmost is inclined to comfort you with fine services. Our all service all mainly targeted to make you able to compare all the quotes with any quote available online and then select the one.
Everything available needs insurance these days due to scarcity of roads and everything. Your car, therefore, requires to be insured to drive it confidently wherever you want to take it to. Before our online portal you did not have much confidence about insurance services because most of the services did not produce much for the customers. They did just offer partial services at high prices. Resultantly we felt the pressing need to stay online for 24X7 to ensure you the guarantee to protect and secure your car with our sheer interest to give you the easiest and conveying service at cheap rates.
Get Your Car Insurance On eBay
From antiques to video games you can find just about anything on eBay, the world’s largest online auction site.
Now it seems we can add car insurance to the ever-growing list of services offered by the UK’s most successful online marketplace.
eBay have teamed up with insurancewide.com to offer a car insurance quote comparison service on their eBayMotors section – a site visited by more than three million of us each month and where a car is sold every two minutes.
For those who use eBayMotors the opportunity to compare car prices and car insurance in the same place should be greeting as an extremely convenient set-up.
After all, how many times have you set your heart on a car only to realise you can’t afford the insurance. Checking the costs alongside each other has the potential to make the buying process run much more smoothly.
Insurancewide.com and eBay are combining to offer a service that should be commended. If you should ever find yourself surfing for a car on eBay why not try their new insurance service too and drop us a comment to let us know your thoughts.
COMPARE AUTO INSURANCE in ALLSTATE
Compare auto insurance in allstate As we know every person never expect disaster, but the unfortunate reality always comes unexpectedly and can not be avoided, so the solutions needed to anticipate the risks and reduce the impact of catastrophe losses that have occurred. Along with the increasing trend of traffic and crime measures on the highway, it also increases the likelihood of accident involving your car, from the relatively mild such as knock, scratch, pencongkelan rearview mirror, until the weight of such collisions, motor vehicle theft and even robbery .Inevitably, a prolonged economic crisis that happened, felt difficult by almost all sectors of business activity. This condition becomes increasingly difficult, if the company had to bear the risks that might occur on the assets supporting activities. Therefore, now is the time to transfer risk to the insurance company as a guarantor risk. But compare auto insurance in usa n choosing a car insurance sometimes tricky.You're looking for and confused choosing car insurance?, Maybe these tips can be a bit under consideration do not forget I enclose information / quote for car insurance can be the mother / father learned:
1. Quality:Compare auto insurance in allstate
Make sure first that will diipilih insurance including insurance categories have received prediket Best General Insurance, Indonesian Best Brand Award, Indonsian Customer Satisfaction Award. Because with this certification clearly shows that the insurance is reliable, trustworthy, and proven responsibility in serving the customer claim.
2. Cost Own Risk (Own Risk):Compare auto insurance in allstate
Sometimes back and forth to the repair shop insurance is also something that makes lazy customers, especially some of the insurance claim the system to apply to the payment of fees OR (Own Risk) or the risk itself is an average of Rp 100,000 .- one based on per event, per collision, and so of course it makes you be much burdened with the cost claim to pay OR if frequent back and forth to the shop insurance, not necessarily satisfying the customer's machine shop work done by the workshop for the mock or non-authorized. Sometimes the paint striped body image Betong make your car as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. It's good for a very busy and lazy Bulak insurance back to the workshop should select an insurance can receive 1 (one) claim it but a collection of some of the impact / collision events within different, so maybe in a year enough time to 1 garage insurance and pay a one time OR your car body back smoothly because the garage was done by a trusted or authorized repair shop (authorized). Save and efficient.
3. Claim Process:Compare auto insurance in allstate
As to the insurance claim process should be examined first, there are several car insurance when the customer receives the claim so convoluted it is to have it ready lah lah surveyornya wait, sometimes have to argue is the first survey. Yet sometimes take a few days just to wait for SPK (Work Warrant) issued the insurance to the repair shop could fix our cars. Things like this sometimes customers feel ignored and a lot of time to wait tebuang just a piece of paper / letter. Leave a process like this is already old, you should select an insurance claim is not complicated as fast less than 30 minutes of PRS was in your hands so you stay in the shop when menenetukan insurance.
4. Work:Compare auto insurance in allstate
Many are applying some insurance rates cheap, but what if the result of the workshop was not qualified associates mock alias and not satisfying the customer. Sometimes paint your car look even striped body image Betong make your car as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. Pay attention to this and select the insurance with a trusted partner workshops and official (authorized). Remember that your vehicle is a valuable asset, do not Sepelekan using dubious insurance services just because the difference in price premiums just a few dollars
5. Spare Parts (Spare Parts):Compare auto insurance in allstate
Spare parts are the most important part in your car, make sure the insurance guarantee spare part that used the original with warranty. Be careful with insurance that does not guarantee this so fatal consequences.
6. Responsibility to Third Parties (TJH / TPL) and the PA (Personal Accident):Compare auto insurance in allstate
This feature should be observed carefully because at the time of the accident hit a motorcycle crash example sometimes - sometimes 3rd party even more severe damage than us. Here dipelukan role of this feature, we suggest you choose an insurance with the responsibility to the big three, so you tebebebani no extra cost. Likewise with personal accident protection features driver / passenger it is also very necessary. Select insurance which is included with this feature.
7. Free Service Protection 24 Hours:Compare auto insurance in allstate
This is a very, very important when we choose car insurance, car insurance that many rely on and provide cheap rates only protection but service was not satisfactory, no 24-hour service, no telephone service sometimes difficult to be reached even nothing is said, sometimes Sometimes the area is also very limited protection was sometimes only Jabotabek area only. Out of your Jabotabek can ketar-ketir if there is a problem with your car like a strike on the highway due to a flat tire, need a crane, a key left in the car, run out of fuel, etc.. Leave this concern, select the insurance with 24-hour alert and wide area protection in Indonesia. So if you are touring out of town as far as to Medan or Bali not worry if there is a problem with your car. This feature needs to be considered for those of you who love to travel far (touring).
8. SRCC (Strike, Riot and Civil commotion - Riots, Strikes and Huru Hara & Flood):Compare auto insurance in allstate
This feature is highly recommended insurance that will ensure the risk resulting from a disturbance of public order committed by a group of people, and the actions the authorities in taking actions against such interference, whether related to the strike and counteraction to work, and civil unrest which took political bemotif. Also ensure the expansion of insurance losses caused by water overflowing out of the normal limits of the river, lakes, swamps, jebolnya floodgates, dams jebolnya, continuous rain that can not be accommodated by water channels. Damage due to flooding include damage to the interior, exterior, dashboard panels, mechanical, electrical and other damage to the insured vehicle bemotor. Select insurance already included this feature.
9. Flexibility In Payment:Compare auto insurance in allstate
Choose your car insurance premium payments flexible, can be done with cash, transfer, or credit card (Visa / Mastercard). This may help your financial management.
For that to meet the security needs, you can choose the car insurance product that can provide protection against the risks that might occur in your car.
Auto insurance costs continue to rise, and there are so many options available that you may not know which to choose.
It is easy to get Auto insurance quotes fast over the Internet. Just fill out the questionnaire online, which only takes minutes, and then we will do the work of searching over 100 of the country's Auto insurance carriers, so you can get the best insurance no matter what you need. After you have received your Auto insurance quotes, you can browse through to find the policy that best suits you. This way, you can also find a quote at an acceptable price.
Start saving immediately when you find Auto insurance at . Getting a fast quote is easy and lets you compare side-by-side all the important aspects of an Auto insurance policy. Try today and start saving on Auto insurance. It will be a decision well worth your time.
Compare auto insurance in allstate
Auto insurance is mandatory in every state. This necessary expense, while it may often appear to be a nuisance, can come in handy if you are involved in an accident. With medical costs and law suit judgments soaring, a solid auto insurance plan can offer the best protection of your precious assets.
No, all states do not require car insurance but they do require financial responsibility to operate a vehicle on the roadway. While not all states require drivers to buy liability insurance to show financial responsibility, 48 states (plus Washing DC) do. These states do not have compulsory auto insurance liability laws:
What states do have mandatory auto insurance?
Every state but Wisconsin and Tennessee, both states have bills that would require insurance in 2009
1. New Hampshire
2. Wisconsin
All 50 states have different requirements when it comes to auto insurance and the minimum insurance requirements. Almost every state requires you to have Bodily Injury Liability insurance and every states has financial responsibility laws that require you be able to have sufficient assets to pay for any liability you cause in an incident.
There are two auto insurance systems mandated by the states: The No-Fault system and the Tort System. The No-Fault system- utilized by most states- requires your insurance carrier to pay your injury claims regardless of who caused the accident (up to a specified limit) if you are in an accident. In contrast, under the Tort System people injured in auto accidents will be forced to seek out-of-pocket medical care, and then sue the at-fault driver's insurance company for reimbursement. They must be able to prove that such medical care was reasonable and medically necessary; under this law, the at-fault party cannot sue for reimbursement of medical costs.
Having Auto insurance not only keeps you covered in case something happens, it also lets you have peace of mind that you are covered. After all, consider the alternative. Do you know what happens if you don't get car insurance? Law enforcement officers will ask you for proof of insurance at the time of traffic stops or accidents. Insurance companies notify the department of motor vehicles of all policy cancellations, non-renewals, and new policies. If this is the case with you, the law enforcement officer will know it and it could cause you huge fines or worse. Failure to maintain proper insurance could lead to the suspension of your vehicle registration and/or driver license. This can be expensive to the vehicle owner. Be sure that you follow your state's auto insurance laws!
Shopping For Auto Insurance Quotes
When looking at Auto insurance quotes, you will want to find the best and most coverage possible. Although most states auto insurance laws do not require a minimum Personal Injury Protection (PIP), for example, there are advantages to having this type of coverage. If you ever have an accident, PIP will pay for you and your passengers' medical expenses. Another type of optional coverage you can consider getting is Uninsured/ Underinsured Motorist Coverage. This coverage will help pay for any injury resulting from an accident caused by an uninsured driver. It's estimated that approximately 14% of American drivers are uninsured, despite the fact that most states have laws against driving uninsured vehicles. A car accident occurs approximately every five seconds in America; it is simply safer to have comprehensive auto insurance on the vehicles you drive.
compare auto insurance in usa For your free auto insurance quotes, simply fill out a short form, and we give you multiple free auto insurance quotes from some of the best insurance carriers in the business. compare auto insurance in usa Then, we require no further obligation whatever from you. You can compare the offers you receive, and then you can purchase the auto insurance policy that best meets your needs- without having to leave the comfort of your home! If you're looking for a better rate with better coverage, just try our free quote system and find the auto insurance policy that fits you. There is no charge, and it will take only a few minutes of your time.
There are plenty of reasons to insure your vehicle, but what kind of insurance should you get? The first place to start is to become thoroughly acquainted with your vehicle. It is a good idea to know as much about your vehicle as possible, including its general state of repair. Most auto insurance companies will give you discounts if your vehicle is equipped with properly functioning safety features, like safety belts and air bags. Be sure to let your auto insurance agent know about these details when getting your quote. These details can result in differences of hundreds of dollars, depending on the auto insurance company and their familiarity with your vehicle. Be sure to note whether you are entitled to other bonuses. You can get discounts for being a non-smoker, or for taking driver's safety courses. Also try to find a company that has a good, financially stable reputation and one that will process claims quickly.
Getting those free rate quotes is the first step in getting that good rate on your auto insurance. All of the auto insurance carriers you receive quotes from want your business, but it is up to you to decide which one is going to be the best for you and for your budget. With the current economic trends, having auto insurance premiums that are as low as possible is just one more way to save money that might be needed somewhere else in your life.
It is possible to save money, even hundreds of dollars on your auto insurance premiums. Every auto insurance company says this, but they are actually correct! You can save money on your auto insurance, from just a few dollars up to as much as five hundred or sometimes even more. But you can't expect to find that deal unless you look for it. So give us a chance to help us help you find that rate you desire! is easy to use, and our short form to get free auto insurance quotes online gives you access to free quotes which will give you the information you need to make an educated decision.
Browse around and see what we have to offer! Save money, get great auto insurance rates, and get the coverage you. We will make it so your auto insurance is one less thing you have to worry about in your daily life.
Alabama Auto Insurance (AL)
According to the Insurance Information Institute, in the year 2005, people living within the boundaries of Alabama typically spent approximately 8.00 on automobile insurance premiums. The latter figure actually reveals a relatively small increase in insurance rates when compared to those rates paid by Alabama residents in the year 2004: the average cost of insurance was roughly 7.00 that year. This relatively small increase can be identified from one year to the next as a 4 percent increase for the residents of Alabama.
In contrast, the year 2005 was the first year that residents of Alabama began to notice a slight decrease in the average cost of insurance, and it is believed that is significantly responsible for the price decreases due to increased competition enforced by for the consumer dollar.
In terms of auto insurance there are some minimum state requirements for the state of Alabama. Alabama uses a tort system, which means that an individual has to be found at fault for the cause of an auto accident. That person found at fault, as well as their auto insurance carrier, are responsible for the damages that result from that accident.
You should know that the tort system differs for each state and you should look at the system in the state you live in with your state insurance regulator. Visit the links page for State Insurance Regulators on for all state insurance regulators websites.
Under state law in Alabama there is a requirement of a minimum Bodily Injury Liability coverage in the amount of ,000 or each person injured in an accident and ,000 for each accident. There is a requirement of Property Damage Liability coverage with a minimum limit of ,000. This type of coverage is often called 20/40/10 coverage.
Personal Injury Protection (PIP) in your auto insurance coverage will help pay for medical expenses for both you and your passengers that is "reasonable and necessary". Alabama state law does not require that a premium have PIP protection but there are some insurance companies that will offer this type of protection. You can use to find the insurance companies that offer this type of protection.
You can also receive Uninsured/Underinsured Motorist coverage for any injury that is caused by a driver that does not carry auto insurance. Alabama state law does not require this type of coverage but you can purchase Uninsured/Underinsured Motorist coverage for more protection. You can use to find the insurance companies that offer this type of protection.
There are many compare auto insurance in usa states where you can receive quote and buy an auto insurance policy online, so do not sit back and waste your money when you do not have to. Simply enter your zip code and you can find out how much money you can save on your auto insurance in Alabama.compare auto insurance in usa
Thousands of drivers on the nation's roads don't carry auto insurance, despite laws in all but two states requiring it. Critics of President Barack Obama's health overhaul plan ask: What are the chances scofflaws will treat a requirement to carry health insurance any differently?
Nearly 40 years of car insurance mandates — which the insurance industry says have failed to make roads safer or lower auto insurance costs — raise questions about how well such mandates work.
"Not everyone complies," said Scott Harrington, a professor of health care management and risk management at the University of Pennsylvania. "The auto insurance mandate is almost everywhere. But it's not rigorously enforceable."
David Sampson, president and CEO of the Property Casualty Insurers Association of America, said drivers' personal financial situations, not the rules of their states, are a better indicator of whether they carry insurance.
States with higher poverty rates show a corresponding rise in uninsured drivers, he said. Simply put, people skirt car insurance when they can't afford it.
They may do the same with health insurance, so the trick for Congress will be how to enforce a mandate without scuttling the program.
Set fines too low and healthy folks may decide to simply pay them and not buy insurance. But if fines are too high, voters may reject the plan or worry they could end up in jail for not getting coverage.
The House version would fine people up to 2.5 percent of adjustable income by 2017, while a Senate version would fine adults up to 0 a year.
Requiring everyone to buy health insurance can help spread the responsibility for medical costs. With proposed subsidies to help the poor buy into it, the so-called "individual mandate" gets Democrats closer to moving millions of uninsured into coverage plans.
Obama did not support an individual mandate in his campaign, but now says his thinking has evolved.
"We're not going to have other people carrying your burdens for you any more than the fact that right now everybody in America, just about, has to get auto insurance," Obama said in September on ABC's "This Week" show.
Auto insurance mandates started cropping up in states in the 1970s, becoming virtually standard by the 1990s.
Forty-eight states require drivers to carry some sort of liability insurance, and when Wisconsin's mandate starts next summer, New Hampshire will be the only state left where drivers can legally drive without auto insurance. Even in those states, though, drivers must provide proof that they can pay minimal levels of damage.
Despite that, 14 percent to 16 percent of drivers don't have auto insurance, according to insurance industry estimates. That's about the same percentage as Americans without health insurance — 15 percent by recent U.S. Census estimates.
Peter Urbanowicz — a former general counsel for Tenet Healthcare and the U.S. Department of Health and Human Services under former President George W. Bush — said the car insurance analogy is "an appealing argument."
But he warned that a health overhaul dependent on a mandate could unravel if a court decides that just because state governments can require car insurance doesn't mean the federal government can require health coverage.
"It's apples and oranges" to compare health insurance to car insurance mandates, said David Rivkin, former counsel to President George H.W. Bush and a critic of health mandates.
People who don't want to pay car insurance can simply choose not to drive, he said. But with health insurance, no one could avoid paying without breaking the law, Rivkin said.
"It's imposed on you simply because you exist," he said. "If the federal government can impose this kind of mandate, it can impose any kind of mandate."
Even Congress' own lawyers acknowledge compulsory health insurance is complicated.
In a July report on whether a mandate would be legal, the nonpartisan Congressional Research Service concluded that it "seems possible" — but noted it's something the federal government has never attempted to do.
Mandate supporters said because health care makes up some 16 percent of the national economy, Congress can successfully argue that compelling coverage is within its power to regulate commerce.
Massachusetts became the only state to mandate health insurance in 2006. It has passed legal muster and led to 97 percent of residents having some form of coverage, said Alan Sager, director of the Health Reform Program at Boston University's School of Public Health.
"It has been shown the mandate can be administered and implemented simply," he said.
Insurance Companies Listed in Alphabetical Order
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Compare auto insurance in allstate
1. Quality:Compare auto insurance in allstate
Make sure first that will diipilih insurance including insurance categories have received prediket Best General Insurance, Indonesian Best Brand Award, Indonsian Customer Satisfaction Award. Because with this certification clearly shows that the insurance is reliable, trustworthy, and proven responsibility in serving the customer claim.
2. Cost Own Risk (Own Risk):Compare auto insurance in allstate
Sometimes back and forth to the repair shop insurance is also something that makes lazy customers, especially some of the insurance claim the system to apply to the payment of fees OR (Own Risk) or the risk itself is an average of Rp 100,000 .- one based on per event, per collision, and so of course it makes you be much burdened with the cost claim to pay OR if frequent back and forth to the shop insurance, not necessarily satisfying the customer's machine shop work done by the workshop for the mock or non-authorized. Sometimes the paint striped body image Betong make your car as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. It's good for a very busy and lazy Bulak insurance back to the workshop should select an insurance can receive 1 (one) claim it but a collection of some of the impact / collision events within different, so maybe in a year enough time to 1 garage insurance and pay a one time OR your car body back smoothly because the garage was done by a trusted or authorized repair shop (authorized). Save and efficient.
3. Claim Process:Compare auto insurance in allstate
As to the insurance claim process should be examined first, there are several car insurance when the customer receives the claim so convoluted it is to have it ready lah lah surveyornya wait, sometimes have to argue is the first survey. Yet sometimes take a few days just to wait for SPK (Work Warrant) issued the insurance to the repair shop could fix our cars. Things like this sometimes customers feel ignored and a lot of time to wait tebuang just a piece of paper / letter. Leave a process like this is already old, you should select an insurance claim is not complicated as fast less than 30 minutes of PRS was in your hands so you stay in the shop when menenetukan insurance.
4. Work:Compare auto insurance in allstate
Many are applying some insurance rates cheap, but what if the result of the workshop was not qualified associates mock alias and not satisfying the customer. Sometimes paint your car look even striped body image Betong make your car as if it had tremendous impact this would make your car selling points decline. Although the customer can complain to the insurance, but how long the loss of your time wasted. Pay attention to this and select the insurance with a trusted partner workshops and official (authorized). Remember that your vehicle is a valuable asset, do not Sepelekan using dubious insurance services just because the difference in price premiums just a few dollars
5. Spare Parts (Spare Parts):Compare auto insurance in allstate
Spare parts are the most important part in your car, make sure the insurance guarantee spare part that used the original with warranty. Be careful with insurance that does not guarantee this so fatal consequences.
6. Responsibility to Third Parties (TJH / TPL) and the PA (Personal Accident):Compare auto insurance in allstate
This feature should be observed carefully because at the time of the accident hit a motorcycle crash example sometimes - sometimes 3rd party even more severe damage than us. Here dipelukan role of this feature, we suggest you choose an insurance with the responsibility to the big three, so you tebebebani no extra cost. Likewise with personal accident protection features driver / passenger it is also very necessary. Select insurance which is included with this feature.
7. Free Service Protection 24 Hours:Compare auto insurance in allstate
This is a very, very important when we choose car insurance, car insurance that many rely on and provide cheap rates only protection but service was not satisfactory, no 24-hour service, no telephone service sometimes difficult to be reached even nothing is said, sometimes Sometimes the area is also very limited protection was sometimes only Jabotabek area only. Out of your Jabotabek can ketar-ketir if there is a problem with your car like a strike on the highway due to a flat tire, need a crane, a key left in the car, run out of fuel, etc.. Leave this concern, select the insurance with 24-hour alert and wide area protection in Indonesia. So if you are touring out of town as far as to Medan or Bali not worry if there is a problem with your car. This feature needs to be considered for those of you who love to travel far (touring).
8. SRCC (Strike, Riot and Civil commotion - Riots, Strikes and Huru Hara & Flood):Compare auto insurance in allstate
This feature is highly recommended insurance that will ensure the risk resulting from a disturbance of public order committed by a group of people, and the actions the authorities in taking actions against such interference, whether related to the strike and counteraction to work, and civil unrest which took political bemotif. Also ensure the expansion of insurance losses caused by water overflowing out of the normal limits of the river, lakes, swamps, jebolnya floodgates, dams jebolnya, continuous rain that can not be accommodated by water channels. Damage due to flooding include damage to the interior, exterior, dashboard panels, mechanical, electrical and other damage to the insured vehicle bemotor. Select insurance already included this feature.
9. Flexibility In Payment:Compare auto insurance in allstate
Choose your car insurance premium payments flexible, can be done with cash, transfer, or credit card (Visa / Mastercard). This may help your financial management.
For that to meet the security needs, you can choose the car insurance product that can provide protection against the risks that might occur in your car.
Auto insurance costs continue to rise, and there are so many options available that you may not know which to choose.
It is easy to get Auto insurance quotes fast over the Internet. Just fill out the questionnaire online, which only takes minutes, and then we will do the work of searching over 100 of the country's Auto insurance carriers, so you can get the best insurance no matter what you need. After you have received your Auto insurance quotes, you can browse through to find the policy that best suits you. This way, you can also find a quote at an acceptable price.
Start saving immediately when you find Auto insurance at . Getting a fast quote is easy and lets you compare side-by-side all the important aspects of an Auto insurance policy. Try today and start saving on Auto insurance. It will be a decision well worth your time.
Compare auto insurance in allstate
Auto insurance is mandatory in every state. This necessary expense, while it may often appear to be a nuisance, can come in handy if you are involved in an accident. With medical costs and law suit judgments soaring, a solid auto insurance plan can offer the best protection of your precious assets.
No, all states do not require car insurance but they do require financial responsibility to operate a vehicle on the roadway. While not all states require drivers to buy liability insurance to show financial responsibility, 48 states (plus Washing DC) do. These states do not have compulsory auto insurance liability laws:
What states do have mandatory auto insurance?
Every state but Wisconsin and Tennessee, both states have bills that would require insurance in 2009
1. New Hampshire
2. Wisconsin
All 50 states have different requirements when it comes to auto insurance and the minimum insurance requirements. Almost every state requires you to have Bodily Injury Liability insurance and every states has financial responsibility laws that require you be able to have sufficient assets to pay for any liability you cause in an incident.
There are two auto insurance systems mandated by the states: The No-Fault system and the Tort System. The No-Fault system- utilized by most states- requires your insurance carrier to pay your injury claims regardless of who caused the accident (up to a specified limit) if you are in an accident. In contrast, under the Tort System people injured in auto accidents will be forced to seek out-of-pocket medical care, and then sue the at-fault driver's insurance company for reimbursement. They must be able to prove that such medical care was reasonable and medically necessary; under this law, the at-fault party cannot sue for reimbursement of medical costs.
Having Auto insurance not only keeps you covered in case something happens, it also lets you have peace of mind that you are covered. After all, consider the alternative. Do you know what happens if you don't get car insurance? Law enforcement officers will ask you for proof of insurance at the time of traffic stops or accidents. Insurance companies notify the department of motor vehicles of all policy cancellations, non-renewals, and new policies. If this is the case with you, the law enforcement officer will know it and it could cause you huge fines or worse. Failure to maintain proper insurance could lead to the suspension of your vehicle registration and/or driver license. This can be expensive to the vehicle owner. Be sure that you follow your state's auto insurance laws!
Shopping For Auto Insurance Quotes
When looking at Auto insurance quotes, you will want to find the best and most coverage possible. Although most states auto insurance laws do not require a minimum Personal Injury Protection (PIP), for example, there are advantages to having this type of coverage. If you ever have an accident, PIP will pay for you and your passengers' medical expenses. Another type of optional coverage you can consider getting is Uninsured/ Underinsured Motorist Coverage. This coverage will help pay for any injury resulting from an accident caused by an uninsured driver. It's estimated that approximately 14% of American drivers are uninsured, despite the fact that most states have laws against driving uninsured vehicles. A car accident occurs approximately every five seconds in America; it is simply safer to have comprehensive auto insurance on the vehicles you drive.
compare auto insurance in usa For your free auto insurance quotes, simply fill out a short form, and we give you multiple free auto insurance quotes from some of the best insurance carriers in the business. compare auto insurance in usa Then, we require no further obligation whatever from you. You can compare the offers you receive, and then you can purchase the auto insurance policy that best meets your needs- without having to leave the comfort of your home! If you're looking for a better rate with better coverage, just try our free quote system and find the auto insurance policy that fits you. There is no charge, and it will take only a few minutes of your time.
There are plenty of reasons to insure your vehicle, but what kind of insurance should you get? The first place to start is to become thoroughly acquainted with your vehicle. It is a good idea to know as much about your vehicle as possible, including its general state of repair. Most auto insurance companies will give you discounts if your vehicle is equipped with properly functioning safety features, like safety belts and air bags. Be sure to let your auto insurance agent know about these details when getting your quote. These details can result in differences of hundreds of dollars, depending on the auto insurance company and their familiarity with your vehicle. Be sure to note whether you are entitled to other bonuses. You can get discounts for being a non-smoker, or for taking driver's safety courses. Also try to find a company that has a good, financially stable reputation and one that will process claims quickly.
Getting those free rate quotes is the first step in getting that good rate on your auto insurance. All of the auto insurance carriers you receive quotes from want your business, but it is up to you to decide which one is going to be the best for you and for your budget. With the current economic trends, having auto insurance premiums that are as low as possible is just one more way to save money that might be needed somewhere else in your life.
It is possible to save money, even hundreds of dollars on your auto insurance premiums. Every auto insurance company says this, but they are actually correct! You can save money on your auto insurance, from just a few dollars up to as much as five hundred or sometimes even more. But you can't expect to find that deal unless you look for it. So give us a chance to help us help you find that rate you desire! is easy to use, and our short form to get free auto insurance quotes online gives you access to free quotes which will give you the information you need to make an educated decision.
Browse around and see what we have to offer! Save money, get great auto insurance rates, and get the coverage you. We will make it so your auto insurance is one less thing you have to worry about in your daily life.
Alabama Auto Insurance (AL)
According to the Insurance Information Institute, in the year 2005, people living within the boundaries of Alabama typically spent approximately 8.00 on automobile insurance premiums. The latter figure actually reveals a relatively small increase in insurance rates when compared to those rates paid by Alabama residents in the year 2004: the average cost of insurance was roughly 7.00 that year. This relatively small increase can be identified from one year to the next as a 4 percent increase for the residents of Alabama.
In contrast, the year 2005 was the first year that residents of Alabama began to notice a slight decrease in the average cost of insurance, and it is believed that is significantly responsible for the price decreases due to increased competition enforced by for the consumer dollar.
In terms of auto insurance there are some minimum state requirements for the state of Alabama. Alabama uses a tort system, which means that an individual has to be found at fault for the cause of an auto accident. That person found at fault, as well as their auto insurance carrier, are responsible for the damages that result from that accident.
You should know that the tort system differs for each state and you should look at the system in the state you live in with your state insurance regulator. Visit the links page for State Insurance Regulators on for all state insurance regulators websites.
Under state law in Alabama there is a requirement of a minimum Bodily Injury Liability coverage in the amount of ,000 or each person injured in an accident and ,000 for each accident. There is a requirement of Property Damage Liability coverage with a minimum limit of ,000. This type of coverage is often called 20/40/10 coverage.
Personal Injury Protection (PIP) in your auto insurance coverage will help pay for medical expenses for both you and your passengers that is "reasonable and necessary". Alabama state law does not require that a premium have PIP protection but there are some insurance companies that will offer this type of protection. You can use to find the insurance companies that offer this type of protection.
You can also receive Uninsured/Underinsured Motorist coverage for any injury that is caused by a driver that does not carry auto insurance. Alabama state law does not require this type of coverage but you can purchase Uninsured/Underinsured Motorist coverage for more protection. You can use to find the insurance companies that offer this type of protection.
There are many compare auto insurance in usa states where you can receive quote and buy an auto insurance policy online, so do not sit back and waste your money when you do not have to. Simply enter your zip code and you can find out how much money you can save on your auto insurance in Alabama.compare auto insurance in usa
Thousands of drivers on the nation's roads don't carry auto insurance, despite laws in all but two states requiring it. Critics of President Barack Obama's health overhaul plan ask: What are the chances scofflaws will treat a requirement to carry health insurance any differently?
Nearly 40 years of car insurance mandates — which the insurance industry says have failed to make roads safer or lower auto insurance costs — raise questions about how well such mandates work.
"Not everyone complies," said Scott Harrington, a professor of health care management and risk management at the University of Pennsylvania. "The auto insurance mandate is almost everywhere. But it's not rigorously enforceable."
David Sampson, president and CEO of the Property Casualty Insurers Association of America, said drivers' personal financial situations, not the rules of their states, are a better indicator of whether they carry insurance.
States with higher poverty rates show a corresponding rise in uninsured drivers, he said. Simply put, people skirt car insurance when they can't afford it.
They may do the same with health insurance, so the trick for Congress will be how to enforce a mandate without scuttling the program.
Set fines too low and healthy folks may decide to simply pay them and not buy insurance. But if fines are too high, voters may reject the plan or worry they could end up in jail for not getting coverage.
The House version would fine people up to 2.5 percent of adjustable income by 2017, while a Senate version would fine adults up to 0 a year.
Requiring everyone to buy health insurance can help spread the responsibility for medical costs. With proposed subsidies to help the poor buy into it, the so-called "individual mandate" gets Democrats closer to moving millions of uninsured into coverage plans.
Obama did not support an individual mandate in his campaign, but now says his thinking has evolved.
"We're not going to have other people carrying your burdens for you any more than the fact that right now everybody in America, just about, has to get auto insurance," Obama said in September on ABC's "This Week" show.
Auto insurance mandates started cropping up in states in the 1970s, becoming virtually standard by the 1990s.
Forty-eight states require drivers to carry some sort of liability insurance, and when Wisconsin's mandate starts next summer, New Hampshire will be the only state left where drivers can legally drive without auto insurance. Even in those states, though, drivers must provide proof that they can pay minimal levels of damage.
Despite that, 14 percent to 16 percent of drivers don't have auto insurance, according to insurance industry estimates. That's about the same percentage as Americans without health insurance — 15 percent by recent U.S. Census estimates.
Peter Urbanowicz — a former general counsel for Tenet Healthcare and the U.S. Department of Health and Human Services under former President George W. Bush — said the car insurance analogy is "an appealing argument."
But he warned that a health overhaul dependent on a mandate could unravel if a court decides that just because state governments can require car insurance doesn't mean the federal government can require health coverage.
"It's apples and oranges" to compare health insurance to car insurance mandates, said David Rivkin, former counsel to President George H.W. Bush and a critic of health mandates.
People who don't want to pay car insurance can simply choose not to drive, he said. But with health insurance, no one could avoid paying without breaking the law, Rivkin said.
"It's imposed on you simply because you exist," he said. "If the federal government can impose this kind of mandate, it can impose any kind of mandate."
Even Congress' own lawyers acknowledge compulsory health insurance is complicated.
In a July report on whether a mandate would be legal, the nonpartisan Congressional Research Service concluded that it "seems possible" — but noted it's something the federal government has never attempted to do.
Mandate supporters said because health care makes up some 16 percent of the national economy, Congress can successfully argue that compelling coverage is within its power to regulate commerce.
Massachusetts became the only state to mandate health insurance in 2006. It has passed legal muster and led to 97 percent of residents having some form of coverage, said Alan Sager, director of the Health Reform Program at Boston University's School of Public Health.
"It has been shown the mandate can be administered and implemented simply," he said.
Insurance Companies Listed in Alphabetical Order
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Compare auto insurance in allstate
Some Tips for Insured on Keeping Your Auto Insurance Premium Rates Down
Tips you can use car insurance rates comparison
There are so many ways that you can use to keep your auto insurance rates down and some of them you can use at the same time as other discounts to maximize your savings.
Here are some things that you can ask your auto insurance company for:
- Ask if you can receive a discount if you have more than one type of insurance with their company. For instance, you may find that you can have your auto insurance and your homeowner’s insurance with this company and they will provide you with a combined discount. Carry all of your insurance policies with them, such as auto, home, and life and you may find that you can get even more money off.
- If the driver of the car is a student or is listed as a driver on the car, you may find that you can get a good student discount. This is where the student maintains at least a B average on their report card. You may be required to take that report card to the automobile insurance company each time it comes out, but it really pays off. If grades go down, the discount may disappear until the grades go back up.
- See if there are any safe driver discounts available. When you haven’t had a ticket or an accident, you may find that there are discounts available for you.
- If you are a senior citizen and you’ve not had any accidents in a specific amount of time, there may be discounts available to you.
- You can always raise your deductible to cheaper car insurance premium online from auto insurer. However, you need to keep in mind that doing so will result in a higher out-of-pocket expense if an accident does occur. The standard deductible is 0, but some individuals will go as high as ,000 to save some money on their premium. If you can pay ,000 if an accident occurs, then that will work fine. Just make sure your deductible is not higher than what you can afford in case damage is done to your car and you need to pay it.
- You may wish to shop around. You may find a company that offers the same coverage for a lower price. You always want to compare before you make a commitment.
You want to use all of these tips so that you can save yourself quite a bit of money.
How you can compare auto insurance quotes online?
When finding the right company to do business with, it is very important that you compare. You can do this by calling companies and recording the different rates that they quote you. You can also do this by going to their websites and filling out the forms on their websites to receive quotes for the auto insurance you want. This allows you to compare in a much easier way. Take all of that information and make an informed decision.
There are so many ways that you can use to keep your auto insurance rates down and some of them you can use at the same time as other discounts to maximize your savings.
Here are some things that you can ask your auto insurance company for:
- Ask if you can receive a discount if you have more than one type of insurance with their company. For instance, you may find that you can have your auto insurance and your homeowner’s insurance with this company and they will provide you with a combined discount. Carry all of your insurance policies with them, such as auto, home, and life and you may find that you can get even more money off.
- If the driver of the car is a student or is listed as a driver on the car, you may find that you can get a good student discount. This is where the student maintains at least a B average on their report card. You may be required to take that report card to the automobile insurance company each time it comes out, but it really pays off. If grades go down, the discount may disappear until the grades go back up.
- See if there are any safe driver discounts available. When you haven’t had a ticket or an accident, you may find that there are discounts available for you.
- If you are a senior citizen and you’ve not had any accidents in a specific amount of time, there may be discounts available to you.
- You can always raise your deductible to cheaper car insurance premium online from auto insurer. However, you need to keep in mind that doing so will result in a higher out-of-pocket expense if an accident does occur. The standard deductible is 0, but some individuals will go as high as ,000 to save some money on their premium. If you can pay ,000 if an accident occurs, then that will work fine. Just make sure your deductible is not higher than what you can afford in case damage is done to your car and you need to pay it.
- You may wish to shop around. You may find a company that offers the same coverage for a lower price. You always want to compare before you make a commitment.
You want to use all of these tips so that you can save yourself quite a bit of money.
How you can compare auto insurance quotes online?
When finding the right company to do business with, it is very important that you compare. You can do this by calling companies and recording the different rates that they quote you. You can also do this by going to their websites and filling out the forms on their websites to receive quotes for the auto insurance you want. This allows you to compare in a much easier way. Take all of that information and make an informed decision.
Young Driver Car Insurance – All Is Not Lost
You may recently have read one of the many articles published announcing that several leading motor insurance providers have taken the decision to refuse quotes to young drivers.
Leading brands such as Swiftcover, More Th>n and Esure have apparently decided that young drivers are more trouble than they’re worth.
And when you look at some of the statistics being thrown around you can see where they are coming from:
• An eighteen year old is three times as likely as his/her parents to have an accident whilst driving.
• 17-25 year olds hold just 10% of all driving licenses but cause more than 20% of car accidents.
• One in three young male drivers will write off a car in their first year of driving.
• 25% of the convictions for causing death by dangerous driving are for drivers under 20
You can read even more of these “alarming” statistics here and here.
Other car insurance companies to take this step include; Sheilas' Wheels, Marks & Spencer and AXA and with more providers likely to follow suit this isn’t a small problem than can simply be ignored.
Now why these articles and stats make for good reading the truth is there are many young drivers out there, who drive responsibly and safely, who are suffering higher car insurance premiums due to actions of the minority.
Car insurance premiums for young drivers have historically always been high and this latest development will only make it more difficult to secure a reasonably priced policy.
But as the title says, all is not lost; there are many steps young drivers can take to help lower the cost of their insurance, such as:
• Avoiding modifications
• Driving a car with a smaller engine
• Going on your own insurance and building up no claims bonus
• Taking the Pass Plus course
• Offering a higher voluntary excess
• Shopping around online
• Limiting your mileage
• Looking for rapid bonus schemes to build no claims bonus more quickly
• Paying upfront rather than monthly
• Improving security
• Looking for worthwhile cash back offers
• Considering specialist insurance companies
• Insuring Third-Party Only if the car is relatively cheap
All these options are covered in greater detail in our ultimate guide to young driver car insurance.
The Ultimate Guide To Young Driver Car Insurance
In a recent post we explored reports that many insurance providers had started refusing quotes to young drivers. While many news articles focused on the negative side of this story we preferred to look at offering a solution to the problem.And here it is; our ultimate guide to young driver car insurance. A look at why motor insurance is so expensive for younger drivers and 14 in-depth tips to securing a cheaper premium now and in the years to come…
So why is young driver car insurance more expensive in the first place?
The main reason many young drivers face having to more from their motor insurance is down to “perceived risk”. One of the main factors insurance companies consider when calculating the cost of your premium is how likely you are to actually make a claim. The more likely an insurer thinks you are to claim on your policy the higher your premium will be.
And how exactly do they calculate risk?
Every insurance company use slightly different criteria to calculate risk and will give different weightings to those criteria. Those differences aside, all insurance providers will consider a group of key factors:
- Age
- Driving experience and record
- Claims history
- The car you drive
- Post code
- Gender
These factors having so much influence on the price of a car insurance quote spells bad news for younger drivers and the problem is made more frustrating by the fact many are out of your control. Let’s look at these areas in more detail and see just how much of a problem they can cause:
- Age – young drivers are just that, YOUNG, if insurance companies are going to hold that against you there’s little you can do.
- Driving experience and record – well if you’re YOUNG you won’t have much experience on the roads to help get a cheaper quote will you? Worse still, if you’ve managed to add a blemish or two to your record in this short time then your premium will be even higher.
- Claims history – again, if you’re YOUNG with LITTLE EXPERIENCE how can you have built up any no claims discount? And if you’ve already had to make a claim that will go against you as well.
- The car you drive – if you are lucky enough to be able to afford a nice new car expect to pay for that privilege with a higher premium, if you can only afford a cheap death trap expect to pay a higher premium, if you’re a motoring enthusiast who likes to modify their car, surprise, expect to pay a higher premium – anything out of the “middle of the road” norm and insurance companies will feel justified in increasing the cost of your policy.
- Post code – unsurprisingly some areas on the country are worse for accidents and thefts, usually these are big urban cities such as London, Manchester and Liverpool. More accidents and thefts equal more claims which equal higher premiums. So if things weren’t looking bad enough already, if you live in such as area the outlook just got a whole lot worse.
- Gender – and just to round things off young male drivers are persecuted a little further with the “boy racer” tag which will raise the cost of your premium no matter how competent and safe a driver you really are, talk about prejudice!
How Can Insurance Companies Justify This?
In one word, STATISTICS!
Insurance companies love statistics and much of the research conducted goes a long way to supporting their approach of charging more to cover young drivers.
Many of these reports highlight the fact that younger drivers:
- Speed more
- Are involved in more accidents
- Injure and kill more people on the roads
- Are more likely to drive under the influence of alcohol or drugs
- Suffer more thefts
- And as a result make more claims!
All these stats and facts result in the “perceived risk” that leads to car insurance providers dishing out higher premiums to younger drivers. And it is the worsening of this situation that has resulted in several insurers turning young drivers away.
Is There Any Good News?
It’s fair to say that having read the guide to this point the picture looks very bleak indeed. Insurance companies take a dim view of younger drivers and the statistics back them up.
However, it is important that we understand the problems in order to combat them and find a solution, and this is exactly what we are going to do.
OK, Now For The Good Stuff!
14 Great Tips To Help Younger Drivers Lower Their Car Insurance Premiums
By combining as many of these tips as possible you can significantly lower the cost of your insurance.
- Take the PASS PLUS course – I wanted to get this one out of the way first as it’s only an option within 12 months of passing your test. Choosing to take this advanced driving course can help lower your insurance costs as some companies offer a discount to drivers who have passed the course. The discounts will vary from one provider to another. In addition to cheaper motor insurance the course also reduces the risk of having a crash by improving your skills and experience on the roads, in the long-term this can help build trust with insurers and lower your premium even further. Visit the PASS PLUS site to learn more
- Avoid modifications – adding “mods” to your car is a bad idea for younger drivers and helps promote the “boy racer” tag that insurers use to bump up your premium. By resisting the temptation to “soop up” you can help prevent your quote from going any higher. If you do decide to modify your motor make sure you let your insurer know as failure to do so could mean your policy is invalid when you make a claim. This scenario could make getting future car insurance an even harder prospect.
- Improve security – any money saved on modifications could be better spent improving the security of your vehicle. Fitting an approved alarm and immobiliser system reduces the chance of theft (which makes you less of a risk) and can help lower your quote. Parking more securely at night, such as on the drive or in a garage also improves security and lowers insurance costs. Make sure your insurance company is fully aware of the efforts to which you are going.
- A smaller engine – remember when we said the car you drive affects your premium? One of the main reasons younger drivers have more accidents (and pay higher premiums) is that they aren’t experienced in controlling powerful vehicles. Opting for a 1.0 or 1.2litre engine (in a low insurance group) will result in far cheaper insurance compared to a 4litre super charged turbo! Also you will benefit from cheaper road tax and petrol costs, the savings from which can offset the cost of your insurance and make it cheaper.
- Going on your own insurance and building up no claims bonus – I won’t lie, in the short-term this could sting a little but past that point the savings are huge. Typically one year’s no claims will result in a 30% discount on your premium and by building up four or more years the discount can be between 60-70%. With this in mind going on your parents insurance to lower the cost in the short-term makes little sense. Some insurance companies allow named drivers to build up no claims bonus but usually this is not transferable to another provider.
- Look for rapid bonus schemes – when taking the plunge of going on your own insurance keep an eye out for rapid bonus schemes. These deals allow you to build up one year’s no claims bonus within 9-10 months as apposed to the traditional 12. This is great way of accessing the discounts available by having a no claims bonus more quickly.
- Look for worthwhile cash back offers – as well as rapid bonus schemes look to take advantage of cash back deals offered by insurance companies. Insurance providers operate in a highly competitive market and frequently offer these incentives to attract customers. Cash back offers between £50-£75 are not uncommon and can act as a nice little saver on the cost of your policy.
- Shop around online – with so many companies and policies available using the internet to speed up the process is a good idea. Price comparison websites such as confused.com and moneysupermarket.com compare quotes from dozens of insurance companies and a search only a takes a few minutes. The results, (while not 100% accurate) provide a quick overview of the prices available and let you find the deals that are right for you at a reasonable price. A little bonus tip here, HAGGLE! Once you have these quotes to hand try to barter with the insurers and challenge them to beat your lowest quote. We’ve already discussed how competitive the industry is and this is where you can take advantage and lower your quote even further.
- Consider specialist insurance companies – as well as getting quotes from mainstream companies don’t forget to check out those who specialise in young driver car insurance. Companies such as 4youngdrivers and Adrian Flux provide cover for many young drivers and are well placed to offer competitive quotes. Again use your influence as a potential customer to drive the price down as far as possible.
- Offer a higher voluntary excess –this is a useful tool but one that should be used with caution. By volunteering to pay a higher excess the cost of your quote will fall as there is less liability for the insurer. The important point to remember is not to set your excess at a level you could not comfortably afford to pay in the event of a claim.
- Limit your mileage – reducing your perceived risk is a major weapon in your arsenal for lowering car insurance premiums and limiting your mileage does just that. If you are on the road for a shorter amount of time you are less likely to be involved in an accident. By working out how many miles you will drive over the year and agreeing to stick to that limit it is possible to negotiate a further reduction in your premium. Be sure to leave yourself a few miles in reserve just in case.
- Pay upfront rather than monthly – in theory paying in monthly installments sounds like a good idea. In reality it can be very costly. Most insurers charge interest on monthly payments which increase the overall cost of your premium. Paying upfront may put a dent in your budget for a while but it is usually the cheaper option. Occasionally some insurers offer monthly payments that don’t incur any fees, if you can find a deal like this then great, if not it is better to bite the bullet and pay upfront.
- Insure third party only – if your car is worth relatively little you may want to consider only insurance yourself for claims made against you rather than covering damage and theft to your own vehicle. In some cases the cost of replacing a cheap vehicle may be less than taking out a comprehensive insurance policy.
- Drive safely, carefully and responsibly – I thought we’d finish with a nice easy one and this harks back to those young driver statistics we mentioned earlier. Sadly all young drivers get tarred with the same brush so by proving yourself to be a competent and trustworthy driver your premiums will fall. Avoid speeding tickets and other driving penalties and the savings happen sooner than you might think. Combine this with building up your no claims and insurers will soon be queuing up to offer you car insurance at a discounted rate.
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