Pay as You Go car insurance?

You can pay as you talk with a cell phone plan, so why not pay as you drive auto insurance? It sounds like a good idea; but would pay as you drive auto insurance work for you? The idea behind pay as you drive auto insurance is simple. Basically its this- if you do not drive very much, you will not pay high insurance premiums. Advocates for this type of insurance policy think that there are many merits to this type of program. What if you car pool to work, or take public transit? You are not using your car very much so why are you paying high premiums. With a pay as you drive auto insurance premiums you would be able to quite literally pay as you go.

Another situation where this plan would be of benefit is that of many retirees who have winter homes in temperate climates, the ’snowbirds’ living in Florida or Arizona six months of the year and six months in New York or Toronto for example. Essentially the insurance companies would set an average driving amount for each car type. It could then be broken down into a cents per mile basis. If you wanted to us the pay as you drive auto insurance system you could purchase a set number of miles and you would be covered for insurance during this period.

Pay as you drive auto insurance is an excellent idea for those individuals who do not use their car very much or try to find cost saving methods or environment saving alternatives. Currently this type of program is not yet available, but there are supporters in many states who are hoping to change that soon. Groups including Environmental Defense, the Conservation Law Foundation and even the U.S. Environmental Protection Agency are working to organize a national cooperative that would work with insurance companies to offer deep discounts for low-mileage drivers; halfway a step toward PAYD (Pay As You Drive) insurance.

General Motors and On-Star Offers PAYD Rates. In mid-2004 General Motors Acceptance Corporation (GMAC) Insurance began offering mileage-based discounts to OnStar subscribers located in some states. The OnStar system reports a vehicle’s odometer readings at the beginning and end of the policy term to verify mileage. Motorist who drive less than specified annual mileage can receive insurance premium discounts of up to 40%. PAYD programs are also currently available in Israel, South Africa and Holland. PAYD is gaining momentum, and will be coming to your area soon.

But will it ever arrive in the biggest Car Insurance market, the UK?
There has been a lot of debate and forwarded working concepts but non yet approved. Discussions have been put in place and considerations made but for as far as the UK drivers are concerned, that is as far as it has gone. Perhaps the industry has too much to lose with this new money saving concept so it will be put off for a while, but as pressure and countrys evolve into the new scheme it would be irrational for the UK to stay behind, fingers crossed peps.

Lower Your Car Insurance Rate

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.

Long Term Care Insurance

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.

Used car insurance

Used car insurance can vary between companies, so it pays to shop around. Study the market and try to get several quotes before you buy a policy. Dont shop price alone, service is just as important as price.
The insurance policy you select should offer both good prices and quality service.
Used car insurance is an investment and you should feel comfortable about your policy. You should try to balance the service and price. Nowadays, most of major insurance companies offer comparable quality customer service, of course they want your business. So dont take decision in hurry go through all the documents before you get involved and take it.
Some on used car insurance is generally flexible in terms of both the types and amounts of coverage you select. However, every state has enacted some used car insurance laws that require drivers to carry at least some auto insurance. In many countries you are required to present proof of insurance before you register a car, so you will probably need to insure your car, regardless of its value.

You are likely, right now to pay a high rate of interest, then go for an another insurance company which offer you low price and high service in better rates, however you should not show your energy into shopping for an used car insurance.

The rise of the internet has changed the buying and comparing the auto insurance. Online you can find numbers of companies those who provide you good deal in prefect spending in used car insurance buying. Not only in buying but also in comparing the insurance quote and driving down insurance prices, its easy and faster then ever been before to find the perfect used car insurance you are looking for.

Anna Josephs is a freelance journalist having experience of many years writing articles and news releases on various topics such as pet health, automobile and social issues. She also has great interest in poetry and paintings, hence she likes to write on these subjects as well. Currently writing for this website

The Basics Of Car Insurance

Car insurance basically covers you, your passengers and your car in case of an accident.

Many states require you to carry liability coverage in your insurance policy. Liability insurance covers the expenses incurred for the damages for another vehicle with your own if you are at fault. So basically if you are in an accident and you caused the damage, then the liability of you car insurance will cover damages according to the terms that are in your policy.

Collision coverage is when your car insurance will pay for the repairs or replace your car in the case of an accident.

Comprehensive coverage helps you pay for damages to your vehicle that occurs with bad weather, theft and vandalism.

As you would will all insurances, your car insurance will also a deductible. The deductible amount of the claim is your responsibility to pay. Car insurance costs go up as you lower your deductible. If you want to have a higher deductible you car insurance will be less expensive.

Also keep in mind that as your car ages your car insurance premium will decrease in price. Of course that is if you have a good driving record and dont get any tickets or get into any accidents. Also you can consider the amount of coverage you get as your car ages. Some think only having liability coverage on your cat that is old is better. Of course it is up to you whatever you want.

I hope this clears up a few things about car insurance for you. If you would like more information do a little bit of research on your own and see what you come up with. Or ask questions when you are inquiring about a certain insurance policy. It is always better to know every aspect before getting insurance and signing the dotted line. Good Luck!