Thursday, May 21, 2009
Teen Car Insurance Lessons For Parents (and Teens)
For many parents, their child’s teenage years can be a financially challenging time, especially when it comes to car insurance.
Teenage drivers are profiled by auto insurers as a much higher risk group than the general public, and are instantly saddled with considerably higher insurance rates than someone who is over 25, has been driving for a while, and has a clean driving record.
While this may seem unfair to some, it is based on the reality that teen car and motorcycle drivers represent a significantly greater risk to the insurance companies (who lose money when they have to pay out on claims) than drivers with a solid driving history behind them.
Unfortunately, the statistics support the bias against teenage drivers.
Throw in a couple of speeding tickets into the mix, and you (or your teenager) may not even be able to afford the premiums, and driving a car may be out of the question for your teenager for a long time to come.
That said, there are some things that parents (and teens) can do to help make the costs more manageable. Click on the link to discover more about what can help to Lower the cost of teen car insurance
Posted by admin on 05/21 at 04:20 PM
(0)
Comments •
Permalink
Thursday, February 26, 2009
The Financial Crisis and Your Auto Insurer
At the time of writing this post (Feb 2009), the financial news has been especially bleak for months, with constant talk of various financial collapses, government bailouts, stimulus packages and job losses in the hundreds of thousands. Phew! - pretty upsetting and nasty stuff. Many people are even wondering if their car insurance would stand the test of a claim.
Thankfully this is one financial worry that you need not have, and in our article ”The Financial Crisis And Your Auto Insurer: Will They Be Able To Pay Your Claim?“ we separate the facts from the fear, and explain the support structure that has been put in place to all but guarantee that legitimate claims will be paid.
It’s good to know that even with the prophets of doom preaching financial Armageddon any day now, your car insurance will likely remain intact.
Posted by admin on 02/26 at 07:14 PM
(0)
Comments •
Permalink
Thursday, December 18, 2008
Life Insurance and Your Smoking Habit
Of course, everyone knows by now that smoking is bad for you. It’s apparently even bad for those around you. It’s bad, bad, bad. Everyone says so. You’ve heard it so many times now that you’re numb and immune to the anti smoking crusaders cries of . . .
But what if you’ve tried to quit and found that being without your smokes made things unbearable for you and everyone around you? What if you’ve tried and failed so many times that you’ve lost count and given up, resolving that in your case, the world is better off with you being a smoker.
Or what if you’ve decided that you enjoy your smoking habit too much to quit. For you, it’s like hanging out with an old friend, and as long as it’s still a free country, you plan to indulge in your habit until you either expire from a nasty smoking related disease or get hit by a bus or whatever - but you’re not stopping because you simply enjoy having a smoke from time to time.
Maybe you’re an ex smoker - recently quit. If so, congratulations! There’s much good to be said for giving it up.
Well, smokers and ex smokers have spouses and children and other family members and other loved ones, and they also need life insurance.
Sure it’s going to cost more - you know that already, but having said that, how do you go about getting the best deal for your life insurance dollars? Click here to learn more about life insurance for smokers and ex smokers.
Posted by admin on 12/18 at 03:54 PM
Permalink
Monday, November 17, 2008
What happens with your car insurance if you’re caught Driving Under the Influence (DUI)
As every car driver knows (or should know), driving under the influence carries significant risks to the driver as well as to others on the road.
Additionally, severe penalties can be applied by various governmental agencies and insurance companies, to the person who flouts the law and gets caught driving while impaired. Why in this day and age, anyone would want to take such risk with nothing to gain is completely beyond us.
However, if you’re curious about what happens with your vehicle insurance after being caught Driving Under the Influence (DUI) and want to know about things like SR-22 insurance, please read our article: Driving Under The Influence (DUI) And Car Insurance Don’t Mix
Posted by admin on 11/17 at 04:22 PM
Permalink
Wednesday, October 22, 2008
Moving House? - How It Affects Your Car Insurance Policy
Moving house can have important implications on the rates you pay for your car insurance.
Automobile insurance companies determine a significant portion of your rates based upon where you live, where you park your car and how much you drive your vehicle, so it’s important to consider the implications of these various aspects when you move your residence from one place to another.
Moving house could mean that you’ll be driving less because you’ll be living closer to your job, your child’s school, or other destinations you visit often, or it could mean that you’ll be doing much more driving.
Most importantly, you must inform your auto insurer about any permanent move, or else you could find yourself with an invalid policy.
In the following article, we’ll explain some of the issues that can influence your car insurance rates when moving house.
Posted by admin on 10/22 at 11:35 AM
Permalink
Friday, August 15, 2008
What About Uninsured/Underinsured Motorist Coverage For Motorcycle Riders?
One thing that a good percentage of motorcycle riders neglect to consider, are the implications of an accident with an uninsured or underinsured driver. Unfortunately, thousands of bikers are struck by other motorists each and every year in the United States, and the implications of this can go far beyond physical injury and a wrecked bike.
Consider this: If the at-fault driver does not have sufficient liability insurance, the consequences could be financially catastrophic for not only yourself, but for your family, your future employment prospects, your business, and to other assets you may own.
If you ride a motorcycle, you owe it to yourself and those that you care about, to explore the subject of uninsured and/or underinsured motorist coverage, because it’s quite alarming how many uninsured and underinsured motorists are cruising around on the nations roads and highways. You need to know how to protect yourself through various scenarios.
Read more about this subject in our article: Uninsured/Underinsured Motorist Coverage For Motorcycle Riders and when you’re done, get free motorcycle insurance quotes to compare your options.
Posted by admin on 08/15 at 03:21 PM
Permalink
Friday, July 18, 2008
The Last Word on ‘Gas Saving Tips’ Articles
It seems that almost every other day someone else comes out with a “Top Ten Ways to Save on Gas” article, or 37 ways to get better gas mileage. We were guilty of the same thing a few posts ago, but upon further reflection, the whole “gas savings tips” thing can be reduced to a few essentials - unless of course you’re a hypermiler. (A relatively new term, used to describe someone who uses multiple fuel economy maximizing techniques, to significantly outperform standard United States Environmental Protection Agency (EPA) estimated fuel consumption estimates for their vehicle.)
The truth is that most of us simply don’t have the time or the inclination to follow all of those tips, and assuming that your vehicle is in good repair and well maintained, you really only need to concentrate on three things to get the most significant chunk of the fuel savings that are possible. In fact, if you’re a “typical” driver, it would not be unusual to see an increase in your mileage of 30% or more, simply by faithfully following the advice below.
1) Aggressive driving is absolutely the best thing for wasting gas. (and absolutely the worst thing for your car insurance rates)
If you have a habit of stepping on the gas aggressively every time you get going, and waiting until the last minute to step on the brake, it’s costing you plenty more than it has to at the pump. No question about it, the single most significant factor in saving gas is how you drive.
Instead of jamming the gas pedal to the floor mat, and reaching or exceeding the posted speed limit as fast as possible, aim for a smooth and gradual acceleration. Same thing with stopping. When you see a red light up ahead, it may be possible to take your foot off the gas and coast until you need to apply the brake. This approach is way better than keeping your foot on the gas pedal until the last moment and then jamming on the brake at the last second. Always think ahead when you’re behind the wheel, and try to make your driving as smooth as possible - both starting and stopping.
Driving can even be a bit more fun when you make a game out of working with momentum and gravity. For instance, as you approach an incline, you could try to build up a bit of speed so that the need for stepping on the gas is reduced as you go up the hill (which uses a lot more gas), and conversely, let gravity help you when going downhill (you may not need to step on the gas at all).
2) Turn off the cars motor if you’re not going anywhere.
This applies as much to warming up your car in cold climates as it does when idling and waiting for something or other while in your car.
Your car needs no more than 30 - 45 seconds of idling time in cold weather, to reach a reasonable operating temperature. Why not simply dress a bit warmer and let your car warm up as you drive if you live in a cold climate.
In addition, if it’s obvious that you’re likely to be stopped while in your car for more than a minute, it probably makes sense to turn off the engine until you can get going again. It definitely makes sense in terms of saving your gassoline.
3) Drive way slower overall (at or slightly below the speed limit)
It’s well known fact that driving slower under normal conditions uses much less fuel (significantly less actually). You actually accomplish several things when driving slower, like: avoiding speeding tickets and potential accidents, increased safety margins, and of course - it’s simply one of the best ways to really save on gas (and on car insurance).
Save yourself the irritation of having someone behind you getting aggravated because you’re doing the speed limit and they want to be racing ahead. Just make a habit of driving in the slow lane. The paltry time savings of going fast, just don’t begin to equal the long term benefits of driving at the posted speed limit.
So, that’s our last word on ‘Gas saving Tips’ Articles. If you follow the advice outlined above, you’ll be saving most of what is possible, and not wasting your time with trivial stuff that simply doesn’t add up to that much in terms of real gas savings. Furthermore, you’ll also be doing the right things to help keep your auto insurance rates nice and low.
Posted by admin on 07/18 at 05:21 PM
Permalink
Friday, July 04, 2008
Obesity Matters When it Comes to Health Insurance Premiums
The health care costs associated with treating conditions related to obesity tend to be high and costs seem to continue to rise every year.
To compensate for the risk of insuring those who will likely one day need medical attention over and above the norm, health insurance companies usually attach much higher premiums to policies where obesity is a factor. The higher cost often makes the policy un-affordable to many who need it the most.
Health insurers typically view those who are grossly overweight as a higher risk because the statistical likelihood of them developing serious health problems while insured are much higher than non overweight policyholders.
So, if you tend to overeat, and you’re struggling with your weight, your health insurance costs are yet another reason to find the motivation and the discipline to consistently eat better quality foods, exercise more and try to get this aspect of your life under control.
But, even if you are severely overweight, there is something you can do to increase your chances of finding lower cost health insurance coverage. Click on: Obesity and Health Insurance to read more.
Posted by admin on 07/04 at 04:27 PM
Permalink
Friday, June 06, 2008
Hybrids and Low Cost Car Insurance
As is increasingly obvious, hybrid vehicles continue to gain in popularity for all sorts of reasons. One of the less obvious ones may be the opportunity of obtaining low cost auto insurance.
As the fuel efficiency and quality of hybrid vehicles gets better and better, and they become more and more popular each year, various car insurance companies are seeking the benefits of being associated with two enormous trends that are really just getting started and likely to last for years and probably decades into the future - namely those of automobile fuel conservation and protecting the environment.
Some auto insurers have already discovered that offering low cost auto insurance (or lower cost insurance) for hybrid vehicles is an excellent public relations exercise, with lots of great free publicity an association with something meaningful. Consumers who are eager to avoid cars that needlessly burn fuel and spew out pollution, are also likely to be more inclined to want to do business with an auto insurance company who can demonstrate that they care about such things.
To read more about hybrids and low cost car insurance, click that link.
Posted by admin on 06/06 at 02:11 PM
Permalink
Thursday, May 01, 2008
High Gas Prices Getting You Down? - Some Tips to Help You Cope
Increasingly pinched at the gas pump, Americans are looking for ways to save on the costs of car ownership and operation.
Phew, the news just seems to keep getting worse and worse with regards to the softening economy, which has been hit hard by the sub-prime mortgage crisis, rising food prices, softer employment conditions and gasoline prices that seem to have nowhere to go but higher.
While we can’t individually do much about the sub-prime mortgage crisis, rising food prices and softer employment conditions, there are things we can do to lower our consumption of the gasoline we use. And, if we’re smart about it, it won’t affect our lifestyles and may even improve the quality of our lives quite significantly.
If you feel like you’re being financially squeezed at every turn, there are several simple things you can do to keep more of your money in your wallet as gas prices continue to rise, and as you might have guessed, there’s an auto insurance component to this as well.
You may not have to get rid of the car after all, after reading our article on what to do about rising gasoline prices.
Posted by admin on 05/01 at 04:18 PM
Permalink
Friday, April 04, 2008
Home Renovations and Your Home Insurance Policy - What you need to know
Don’t be the unlucky homeowner who forgets this small but crucial detail when planning your home renovation project. Discover how to better protect your assets during your home renovation.
While exciting and highly rewarding, house renovations can also be the source of financial disaster if this one small detail is overlooked.
In the article that follows, you can find out more about how to better protect yourself, your family and your assets, during the home renovation that you’ve got planned. Avoid ending up as the unfortunate homeowner, who with all of the planning, saving and preparations that already go into a home improvement project, overlooked this small but crucial detail. The small but crucial detail that we’re referring to, is of course, updating your your home insurance policy before you begin the work.
To read the full article, click here: Home renovations and your home insurance policy
By the way, if you’ve ever wondered if you could be getting your home insurance at a lower cost than you’re currently paying, or get more insurance for the same price, we invite you to compare by getting a quote through one of our trusted partners. Click on: Low cost home insurance to explore your options at:
Posted by admin on 04/04 at 11:39 AM
Permalink
Wednesday, October 17, 2007
Travel Insurance for Americans visiting Canada:
Although the Canadian health care system is the envy of many U.S. citizens, make sure that you have adequate insurance before your next visit to Canada. If you are uninsured, or underinsured, and suffer a serious illness or injury while in Canada, it could end up costing you a bundle, especially with the dramatic rise in the Canadian dollar, which can make equivalent procedures actually more expensive in U.S. dollar terms than similar services in the U.S.
While it is entirely possible to spend a lifetime of vacations right here in the ‘good ol’ U.S. of A, and have a wonderful time exploring the incredible natural beauty and cultural diversity of this great nation, never venturing outside of our borders, many Americans do love to get away and explore other countries, other ways of life, and different perspectives.
One popular destination is our great neighbor to the north – Canada. Canada is a great place to visit because it’s very friendly to Americans, has an incredibly diverse range of possible destinations and activities, and it is first rate in terms of infrastructure, communications and safety.
If you’re considering a vacation or short trip to Canada, make sure that you have adequate travel insurance, because, your current policy may not cover the cost of a medical emergency if it occurs outside of the U.S. If you have no coverage, or inadequate coverage, an unfortunate accident or illness suffered while in Canada, could end up costing you a small fortune, in spite of Canada’s much lauded universal health care system. Also, with the dramatic strength of the Canadian dollar, typical U.S. insurance may not cover the increase in costs of medical attention when translated to U.S. dollars.
If you need some help with this, we’d like to recommend a travel insurance service that allows one to compare quotes from a variety of travel insurance providers that service Canada. Depending on your needs, comparing different travel insurance plans for visitors to Canada can be quite a money saver. There is no obligation, and the few minutes it takes can be well worth the effort.
Many Americans decide to study at some of Canada’s excellent educational facilities. Fortunately, insurance for students studying in Canada can be very affordable. Visit the following link if you’re a student in need of insurance while studying in Canada.
For those of you who think that you might like to visit Canada at some point in the future, for a vacation, to study, or perhaps even for an extended visit of a few months or more, make sure that you have adequate insurance before you do. Unfortunately, in spite of what you may think, Canada can be a lot less friendly when there are uninsured medical bills to pay.
Posted by admin on 10/17 at 07:58 AM
Permalink
Friday, March 16, 2007
The Amusing Side of Car Insurance
Car insurance is more interesting than you might think. Although the scenarios presented in this article are not very funny, the descriptions of incidents certainly can be amusing.
Ever wonder what it must be like to be a car insurance claims adjuster?
Probably not, because car insurance is not on most peoples list of fun topics to explore. But, insurers do run into some pretty funny stuff from time to time when going through the forms submitted by people making claims.
Some insurance claims forms have a limited amount of space, and describing the details of an incident in as few words as possible can have amusing consequences, as can incompetent and faulty writing.
While the gravity of some of the situations described below are by no means funny, the way they are written can certainly be classified as entertaining.
If you were a car insurance claims adjuster, and the following statements were in the claims you were reviewing, what would you think?
• The indirect cause of the accident was a little guy in a small car with a big mouth.
• The other car collided with mine without giving warning of its intentions.
• In my attempt to kill a fly, I drove into a telephone pole.
• I collided with a stationary truck coming the other way.
• I had been driving for 40 years when I feel asleep at the wheel and had an accident.
• I thought my window was down but I found out it was up when I put my head through it.
• A pedestrian hit me and went under my car.
• I was sure the old fellow would never make it to the other side of the road when I struck him.
• Coming home I drove into the wrong house and collided with a tree I don’t have.
• The guy was all over the road. I had to swerve a number of times before I hit him.
• I pulled away from the side of the road, glanced at my mother-in-law and headed over the embankment.
• I had been shopping for plants all day and was on my way home. As I reached an intersection, a hedge sprang up, obscuring my vision and I did not see the other car.
• I was on my way to the doctor with rear end trouble when my universal joint gave way causing me to have an accident.
• As I approached the intersection, a sign suddenly appeared in a place where no stop sign had ever appeared before. I was unable to stop in time to avoid the accident.
• To avoid hitting the bumper of the car in front, I struck the pedestrian.
• My car was legally parked as it backed into the other vehicle.
• An invisible car came out of nowhere, struck my car and vanished.
• I told the police that I was not injured but on removing my hat, I found that I had a fractured skull.
• The pedestrian had no idea which direction to run so I ran over him.
• I saw a slow moving, sad faced old gentlemen as he bounced off the hood of my car.
• I was thrown from my car as it left the road. I was later found in a ditch by some stray cows.
• The telephone pole was approaching. I was attempting to swerve out of its way when it struck my front end.
The preceding are claimed to be actual statements found on insurance claims, however, to be fair, we were unable to verify the source. We found the statements to be amusing and plausible, but we would love to cite the original source on this, so if anyone knows who exactly is deserving of the credit, please let us know.
Actually, shopping for insurance can be fun, especially if the process is simple, easy, fast, and results in great savings for you. Kanetix recently redesigned our auto quoting service to make it more consumer friendly then ever before. If you’ve got a spare moment, check your car insurance rate to see if you are paying more than you should be.
Bill Bushnell
Administrator
Posted by admin on 03/16 at 10:45 AM
(0)
Trackbacks •
Permalink
Tuesday, October 17, 2006
Check Your Car Insurance Policy Carefully Before This Happens To You
If your car gets hit by a tree as seen in our featured video, will your car insurance policy cover the damages?
Analyst Jack Huntington says you never know what is going to hit your car so be prepared. “Comprehensive is the part to look for. Comprehenive covers damages caused by natural disasters like floods, storms, hail or wind. It also covers damages caused by theft or vandalism,” says Huntington.
For the best deal on your car insurance click here: cheap car insurance.
Bill Bushnell
Administrator
Posted by admin on 10/17 at 03:23 PM
Auto •
(0)
Trackbacks •
Permalink
Friday, September 22, 2006
Buy Life Insurance When others Depend on Your Earnings
If you were depending a someone like this for your earnings then you might want to rethink your situation.
In any case you should only buy life insurance yourself if other’s depend on your salary. According to Jack Huntington, Analyst, “for a couple, I would recommend life insurance if they depend on each other’s income to make ends meet”.
According to the Journal Gazette, you might also get some life insurance for a stay-at-home parent, because if he or she were to pass away, the surviving spouse would likely face higher household expenses – to buy services that his or her spouse had been providing for “free” – and possibly reduced income if the person couldn’t work as much as he or she had in the past.
Take a moment right now to see if you can save. Click here for a free quote: life insurance quote.
Bill Bushnell
Administrator
Posted by admin on 09/22 at 08:51 AM
Life •
(0)
Trackbacks •
Permalink
RSS
Atom
