Insurance

Insurance - All The Information You Need On Insurance

Hidden Ways To Cut Car Insurance


Insurance

Consumers are countering rising gasoline prices and other vehicle operating costs by capitalizing on lower auto insurance rates, according to leading insurers.

Auto policy costs and regulations vary significantly from state to state, but there are a number of areas that consumers are able to control and adjust to optimize prices and quality. Answer Financial (www.answerfinancial.com) has 10 tips for keeping your rates down:

Check Credit Rating. In all states except California and Georgia, an individual's credit rating is a key factor that affects auto insurances rates. Good credit will be interpreted by insurers as less risky. Thus, it's important for consumers to order copies of their credit report from all major credit agencies to ensure accuracy and to correct any inaccurate derogatory points, such as late or missed payments, maxed-out credit lines, bankruptcy, foreclosure, etc.

Check Motor Vehicle Report. Like credit reports, state driving records may include inaccurate data on personal driving records, which are strongly considered when issuing respective individual and family auto rates. In addition, tickets, traffic school credit, and accident fault are sometimes not accurately reflected in state data, costing consumers hundreds or even thousands of dollars. Drivers should report errors to both their state motor vehicle department as well as their insurance carrier.

Double-Check Accident Reports. Local law enforcement and insurance accident reports occasionally include mistakes that will result in a higher rate. Accident reports are separate from motor vehicle records. Accident reports affect insurers' decisions and rates on a cumulative basis particularly if the driver has tickets or accidents down the road.

Never Let Coverage Lapse and Review Deductibles. Maintaining coverage without lapse makes a significant difference in rates. Separately, while deductible amounts initially save drivers in the event of a quick claim, they cost consumers more in the long run due to higher premiums. Drivers almost always save on premiums with higher deductibles of $500 or $1,000.

Look for Package Rates. In addition to multiple-vehicle discounts, consumers often save substantially by packaging all their insurance policies including auto, home, and personal liability together with one company.

Don't Miss Good-Student and Mature-Driver Discounts. Most consumers know that safe drivers are rewarded by insurers, but it's important to make sure your policy gives you a good driver discount. Most insurers lower rates for mature drivers (55 years and over) and for students who carry a 3.0 grade point average or better. Some carriers give more credit for these points than others, so shop around.

Take a Driving Safety Course. Many insurers will cut rates for drivers who take an approved driving safety course. Make sure that you've registered for a course recognized by your carrier, which will not only cut your rates but likely save in ticket fines and reduce your risk of bodily injury on the road.

Don't Forget Car Pool Credit. Many auto carriers drop premiums if you car pool to the office, especially if you drive more than 10 miles roundtrip. In addition, you'll save considerably on the rising prices at the pump and lend a hand to Mother Nature.

Check Rates Before Buying a New Car. Insurance rates vary considerably from car to car. Often expensive vehicles can add $50 - $100 per month in premiums. The type of vehicle, engine size (you'll pay for that turbo), parts costs and safety tests are all factored into insurance premiums. Sport cars and SUVs generally are more expensive to insure. Buyers often do not realize the big rate differences until after they drive off the lot.

Take Credit for Safety/Security Features. Drivers should make sure they are receiving lower rates for safety features such as air bags and anti-lock brakes. Devices that deter theft, such as alarm systems or devices that disable or track vehicles (such as LoJack), may also qualify for discounts. Some companies even waive deductibles if the car has been damaged when it was stolen but is recovered using a tracking device.

For more information, go to www.answerfinancial.com.

Steve Kroll is senior vice president of marketing at Answer Financial, Inc. (http://www.answerfinancial.com). An acknowledged expert in consumer marketing, he has more than 17 years of experience as an executive in the financial services industry including six as president of his own consulting firm, The Kroll Group, Inc., which specialized in retail financial products and payment systems. Its client base included affinity groups, Fortune 500 companies, management consulting firms and advertising agencies. Kroll's marketing accomplishments include developing insurance and investment product offerings for Charles Schwab, Citibank, Household International and The Signature Group. He also has created multiple-useage incentive and retention programs for some of the nation's leading credit card issuers and developed new lifestyle-and affinity-related credit cards that delivered an above-average response and usage rate. Kroll has also assisted in the development and marketing of Internet-based financial services for Wells Fargo, NYCE and American Skandia.







Car Insurance Rates   |   Dental Insurance   |   Health Insurance   |   Home Owner Insurance   |   Life Insurance Quote



| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |











Auto Insurance In Texas
If you are looking for auto insurance in texas, you might want to check out golden rule insurance company who offers cheap auto insurance online. Of course there are plenty of other companies that also offer affordable rates, but first you should understand Texas auto insurance requirements.Texas is a tort state, which means that the driver is financially responsible for any damage and injury they ca...(related: Insurance)


Health Insurance For The Beginner
When it comes to your family, selecting the right health insurance plan could be one of the most crucial decisions you ever make. There are so many choices, but in a sense, for your loved ones there will never be enough. With plans changing from year to year, costs going up and down, it is a good idea to do a bit of research before finally purchasing your policy. It may take a little longer to aquaint yourself with the area of health insurance, however, i...(related: Insurance)


Understanding How Your Credit History May Affect Your Car Insurance Coverage
Many personal auto insurance companies consider your credit information when determining how much premium to charge for your insurance. So if you are calling around for new insurance, keep in mind that many insu...(related: Insurance)


Affordable Life Insurance!
So, you've decided to purchase life insurance. Well then, you have made a good decision! If you have dependents, you know that you must provide for them long after you are gone. Buying life insurance shouldn't be a budget buster either. Take a look at the following options which can help you save big time!Shop Online: There are several companies that wil...(related: Insurance)


Guide To Home Insurance
Here is a useful guide to Home Insurance. Home insurance covers damage from incidents such as fire, theft, and vandalism to your house, usually adjacent structures like a garage or shed, and your personal belongings. It covers living expenses if your house becomes temporarily unusable.Home insurance, also known as Household Insurance is a policy designed to cover your home and if applicable its contents against the possible risks. If you have a mortgage, your lender will insist you have buildings insurance.There are two types of home insurance - contents insurance and buildings insuranceContents insurance is designed to cover your possessions if in the home in circumstances where you suffer a burglary or you have an accident where damage is cause...(related: Insurance)


Compare Car Insurance Companies Before You Commit
If you want to save money on your car insurance, compare insurance companies before you sign up for an annual premium. Car insurance premiums can differ as much as 300% between carriers for the same coverage. Comparing quotes is the only way to find the best deal. Fortunately, online insurance sites have made this easy.Compare the Same ServiceInsurance companies may shout that they have the lowest prices, but that may only apply for "no accident" drivers with high deductibles. To have a realistic idea about prices, compare the same deductible and coverage amount with several different insurance companies. Free online insurance sites can easily do this fo...(related: Insurance)


What Is Travel Insurance?
Travel Insurance is designed to protect your health, belongings, and your financial investment in your trip. It provides peace of mind for you and your family while on your vacation.If you are travelling abroad, be it on business or pleasure it is a good idea to consider taking out travel insurance. Whilst it is not compulsory, most travel companies and tour operators usually insist on some form of insurance as a stipulation of their holiday product.Travel insurance is an insurance product specifically designed to cover you when travelling abroad. We all think about the small things when considering whether to purchase travel insurance, such as loss of money or having luggage stolen. However there are many other factors to consider such as illness & accidents which can also be ...(related: Insurance)


If You Rent A Home, Protect It By Buying Renters Insurance
Renters insurance is often overlooked by people who are renting their house or apartment. Many people don't realize that their landlord's insurance only covers the building that you live, there in no coverage for your personal belongs. Renters insurance...(related: Insurance)






Google




A Few Things Everyone Should Know About Disability
Did you know? One year of disability can wipe out 10 year's worth of savings.Other interesting things to know about disability:- 7 out of 10 people between the ages of 35 and 65 become disabled for three months or longer.- The average length of disability lasting longer than 90-days is 36 Months.- Most American families have only enough money in savings to cover two months worth of bills.- In 2000, wage and productivity losses from unintential injuries was $259.8 billion (Statistical Abstract of the US: 2002)- The maximum Social Security disability payment for 30-yr old earning $70,000 per year is just $1600 per month.- To be eligible for Social Security disability, your disability must last at least 12 months.- Social Security Disability will only pay an approved claim after a minimum of 5 m...(related: Insurance)

What Type Of Doctor Should I See Under My Hsa?
You can withdraw money from your Health Savings Account (HSA) to visit an MD, DO or a chiropractor.Since you will be writing a check or using your debit card to pay for these visits at the time of service, you will really notice how much it costs. Since you have a high-deductible...(related: Insurance)

Health Insurance Plans And Their Differences
Health insurance plans have changed dramatically over the past ten years, and American's currently have several different options to choose from- including HMO's, PPO's, fee-for-service plans, MSA's and major medical. There are two main categories of health insurance plans that each of these policies is classified as; managed care plans and indemnity care plans. The differences between each of these plans mean the differences in how you will receive health care when you need i...(related: Insurance)

site-map - Copyright © 2006 Insurance | All Rights Reserved. | Insurance