Posted: July 20th, 2010 | Author: Admin | Filed under: Quality Car Insurance | No Comments »
If You Refuse To Pay High Insurance RatesHere Are 7 Bargaining Chips you Can Use to Negotiate a Better Insurance Rate.
Lower Your Car Insurance Rate
Having a good driving record is one of the best ways to keep your car insurance rates down. Here are a few other ways to help lower your costs.
1.Shop Around
Make companies compete for your business. Prices will vary from company to company. So, be sure to ask at least 3-4 different companies for a quote. Make them earn your business.
Talk to your friends, neighbors and coworkers about their insurance policies. If theyre happy with their insurance company there is a good chance you will be too.
There are dozens of companies on line willing to give you a free car insurance quote (like FreeCarInsuranceQuotes.org and CarInsurance.com). This may be a good starting place for you. Keep your eyes and ears open for radio and TV advertisements.
Again, these agencies are willing to compete for your business; so, dont settle.
2.Ask For Higher Deductibles
Deductibles are what you pay before your insurance policy kicks in. By raising your deductible, you can lower your insurance rates significantly. For instance, raising your deductible from 250 to 500 can reduce your collision and comprehensive coverage 10-30 percent. Raising your deductible to a 1000 could save you as much as 40% or better.
Just be sure you have the cash on hand to cover yourself in the event of a claim.
3.Have Safety Anti-theft Devices Installed
You may be eligible for further insurance discounts if your vehicle is equipped with one or more options: anti-lock brakes, automatic seat belts, air bags, or traction control.
Installing a vehicle recovery systems such as LoJack or Teletracer can save you up to 7-10% per year.
Other Anti-theft devices like The Club are relatively inexpensive and can also help to reduce your insurance premiums.
4.Consolidate Insurance Policies
Insuring two or more vehicles through the same insurance company can help to reduce your insurance rates by as much as 10%-15%. Covering your home through the same company that insures your vehicles can help lower your rates by an additional 10%-15%.
5.Teenagers and College Bound Drivers
Teenagers and college bound drivers may consider driving the family car instead of driving his or her own vehicle. Students attending school and living away from home can reduce their premiums by as much as 30-50 percent this way.
6.Take Advantage of Low Mileage Discounts
Many insurance companies offer reduced insurance rates to people who car pool to work or find other ways to keep their mileage low.
7.Safety Courses
Along with having a clean driving record, taking additional drivers safety courses could save you some 7-10% on your car insurance. If you are given a traffic citation, ask about the types of courses they offer. Some states willing to keep your insurance record clean if you agree to take complete these courses.
Conclusion
Lowering your auto insurance, in many instances, is about knowing what questions to ask and what you are entitled to. Since many companies arent going to do your homework for you, here is the short list of discounts you should inquire about:
[ ] Low Mileage
[ ] 500 Deductible
[ ] 1000 Deductible
[ ] More than One Car
[ ] No Accidents in 3 Years, 5 Years, and so on
[ ] No Moving Violations in 3 Years
[ ] Driver Training Course
[ ] Defensive Driving Courses
[ ] Anti-Theft Devices
[ ] Safety Features (like Air Bags, Anti-lock Brakes, Daytime Running Lights, etc.)
[ ] Student Drivers with Good Grades
[ ] Consolidating Policies
[ ] College Students Away From Home
[ ] Long-Time Customers
[ ] Discounts for Non Smokers and Retirees
Deductions will vary from state to state and from insurance company to insurance company. So be sure to ask.
Also the key to lowering your auto insurance rate is not necessarily how many discounts you are eligible for. Its the bottom line that matters.
Posted: June 29th, 2010 | Author: Admin | Filed under: Quality Car Insurance | No Comments »
What is Long Term Care Insurance?
Long term care insurance serves to help those individuals who need extra care and attention as they age. Long term care insurance helps to take financial burden away from family members, and for the individual in need of such care. Often, the elderly have very little income and no extra money. Yet, the cost of aging itself seems to be rising. Those who can least afford it are expected to pay huge healthcare costs.
This is why long term care insurance can be beneficial, and take financial burden away from those who cannot afford the high cost of healthcare. A long term care insurance policy may be purchased at any time, though policies are ideally purchased before the need for long term care arises.
Paying the Price of Long Term Care Insurance
Long term care insurance premiums and rates will usually go up as the policyholder ages. In some cases, long term care insurance will not be needed at all. In those cases where long term care is needed, however, long term care insurance can be invaluable.
The price of paying for long term care insurance is much less than the cost of paying for long term care. Healthcare these days is very expensive. Long term care, these days, is astronomical.
An average private nursing home room this year costs over 190 per day. Now, to receive 24 hour care at home costs more than 400 per day. Life expectancy for women is 80 years, five more than men. You want to stay in your home as long as you can. You want to choose where and how you receive long term care as you grow older. About sixty percent of those age 65 and older will need long term care. A third of those receiving long term care today are under 65
-Long Term Care web site, July 2006
Obtaining a Long Term Care Insurance Policy
Many insurance companies offer long term care insurance policies. It is always a good idea to shop around for the best rates and coverage when it comes to purchasing any type of insurance policy, but especially when it comes to health insurance.
Rates on long term care insurance will rise as time passes, but in general it is best to purchase a long term care insurance policy before the need for long term care arises. Do as much research and obtain as many quotes as possible when considering a long term care insurance policy. Make sure you know the rate at which the policy will increase and how much the long term care insurance will pay.
Understanding Your Long Term Care Insurance Policy
These days, simple insurance policies are so complicated that you almost need a translator to decipher the more complex language. Its very important that you understand the details of your long term care policy, including limits and deductibles that are applied to that policy. If you need help understanding a policy, you can consult with a lawyer. Do not sign up for a policy unless you understand every detail of that long term care insurance policy. You want to have all the details before you sign.
How Do You Know Long Term Care Insurance is Right For You?
Long term care insurance is for anyone who does not have an unlimited supply of money, who does not want themselves or their family to bear a heavy financial burden as they age. Long term care insurance serves to protect you, both financially and health-wise. Long term care insurance is a good idea for anyone, whether they believe they may need long term care or not.
Posted: March 2nd, 2010 | Author: Admin | Filed under: Quality Car Insurance | No Comments »
Although these days it’s pretty easy to arrange your car insurance online, comparing quotes at the click of a button and paying by credit card for instant cover, one ever present difficulty still remains: the high cost of insurance policies. The fact that having car insurance in place is both a legal requirement and a sensible idea doesn’t detract from the annoyance of having to pay what seems to be an exorbitant sum, and most of us would jump at the chance of reducing the bill.
To do this we need to know what factors insurance companies use when deciding how much our premiums will be.
Perhaps the most important influence on the level of your premium is your own history as a driver. If you’ve a history of having accidents, then naturally you’re a higher risk to the insurer and so they’ll charge you more. Worse, if you’ve been convicted of a motoring offence such as speeding or driving while under the influence, then your insurance will cost you even more – especially if your licence was withdrawn.
On the plus side, a history containing no black marks such as accidents will result in cheaper insurance as you build up a ‘no claims’ discount over the years.
The next most important factor is what kind of car you’re trying to insure. Naturally, more expensive cars will cost more to replace, and so the insurance will cost you more too. This isn’t the whole story though, as other features such as engine size, the availability of cheap spares, and the difficulty of repair will have an influence too. Finally, some models of car are well known for being easier to break into or steal than others – the insurance companies are well aware of this and will adjust their quotes accordingly.
How you use your car will also affect the price you pay for cover. If you rarely drive and have a low annual mileage, then your premiums can be cut as you’re on the road for less time, and therefore have less chance of needing to make a claim. City drivers may also have to pay more compared to those who drive in quieter areas.
Where you keep your car is important too – if you have a secure parking area, preferably one that keeps your vehicle out of sight and under cover, then your risk is lowered, as will be your premiums. Cars that are regularly parked at the roadside are at a higher risk of being stolen or involved in collisions, and so will be more expensive to insure.
One final point to cover is that of how attractive your car is to thieves, and not just in the obvious way of how desirable your vehicle is! An expensive car with a good security system including an alarm and window etching etcetera will be more of a hassle for criminals to profit from, and so is less likely to be stolen than a cheaper car with little or no security. Also, a car featuring plenty of gadgets such as an expensive audio system or satellite navigation will attract greater interest from potential thieves.
So as we can see, even though car insurance is an expensive business, it’s not always as simple as it seems, and by looking at what insurers want in a ‘perfect’ customer, you may be able to drive down your premiums.