How To Limit The Effect Of Accidents On A Car Insurance Policy
Posted on July 3rd, 2011
Every driver occasionally makes a mistake, and for some drivers, those mistakes can result in accidents. Its well known that an accident will usually result in a sudden jump in car insurance quotes. In fact, a single accident can cause a jump of 25% or more, depending on the drivers record. Multiple accidents can make it hard to find coverage and can result in a high risk classification, which means high rates. The good news is that there are a number of steps that any driver can take to avoid such a huge jump in car insurance policy premiums. Heres a look at a few things to do if youve been involved in an accident and youre trying to limit the incidents effect on your car insurance rates.
Your first step should be to make sure that you handle the accident correctly.
Tags: Car Insurance, Insurance
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Is Indiana offering any new specialty plates?
Posted on July 2nd, 2011
Indiana will be introducing ten new specialty plates in 2012. Each plate will cost $40, $25 of which will go towards the programs that supports the plate. The plates are:
Tags: New Specialty, New Specialty Plates, Plates, Specialty Plates
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Amica in the driver’s seat for car insurance satisfaction
Posted on July 1st, 2011
John Egan
Amica Mutual has done it again.
For the 12th consecutive year, Amica Mutual has secured the No. 1 ranking for customer satisfaction in J.D. Power and Associates U.S. National Auto Insurance Study.
Amica Mutual earned the highest score (843 on a 1,000-point scale) for customer satisfaction among car insurance companies. Next was Erie Insurance (825), followed by Shelter Insurance (816), Auto-Owners Insurance (815) and Ameriprise (804).
New Jersey Manufacturers Insurance Co. and USAA also achieved high levels of customer satisfaction, but they werent included in the rankings because their policies cant be purchased by the general public.
The study took into account five measures of customer satisfaction: interaction, price, policy offerings, billing and payment, and claims.
JD Power Releases 2011 Auto Insurance Rankings
Posted on July 1st, 2011
J.D. Power and Associates, a global information services company that conducts customer satisfaction research in a number of different areas, has released its 2011 Auto Insurance Rankings.
The rankings are based on customer satisfaction rated in five separate areas: customer interactions with the insurer; price of premiums; types of policy offerings; policy billing and payment; and policy claims. Each company is rated on a 1,000 point scale. Ov
Tags: Auto Insurance, Auto Insurance Rankings, Insurance Rankings, Rankings
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Different Types of Universal Life Insurance
Posted on June 30th, 2011
The universal life insurance can be categorized into three types: single premium universal life insurance policies, fixed premium universal life insurance policies and flexible premium life insurance policies. The difference is the amount of premium paid throughout the lifetime of the policy.
The Single Premium Universal Life Insurance Policy is funded by a large single premium payment at outset or a fixed number of additional premiums to be paid later. The policy will remain in force for as long as the premium is able to sustain the cost of the insurance. Single Premium Universal Life Insurance Policy was quite popular before the 1988 tax rules changed, as it provided favorable tax breaks on the interest earned as long as the interest remain in the policy and not withdrawn. Read more…
Some basic details on the car insurance policies in the UK
Posted on June 29th, 2011
In UK the car insurance policies show a lot of variations. As the nature of the policies varies, out of the different choices you need to select the best that suits your requirements. The insurance quotes available in UK are categorised mainly into three groups.
Third party insurance: It covers only the loss on the damages that you might have caused to another person’s car and the expenditure on the injury that has occurred to that person in such an accident. This kind of scheme is a minimum requirement in UK.
Third party, fire and theft insurance policy: this scheme covers more than the loss that has happened to the third party. U Read more…