Why Teen Drivers Have Trouble Finding Affordable Car Insurance
Posted on April 12th, 2012
While comparing insurance rates for teens, many parents realize that affordable car insurance and young drivers aren’t compatible. Securing affordable car insurance for young drivers is a matter of overcoming statistics and making smart choices that reduce overall insurance rates. Here are a few reasons why insurance rates are higher for teen drivers and drivers under 25.
According to the Insurance Institute for Highway Safety, teen drivers are four times more likely to be involved in accidents when compared to older drivers.
Tags: Affordable Car, Affordable Car Insurance, Car Insurance, Insurance
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NY Senators Want Crackdown on No-Fault Insurance Scams
Posted on April 10th, 2012
Laws in New York that would make it more difficult for criminals to cash in on the state’s “no-fault” auto insurance system are moving through the state Legislature, with the New York Senate approving a trio of bills this week.
Criminals take advantage of New Yorks no-fault law that requires owners of registered vehicles to carry policies reimbursing drivers and passengers up to $50,000 for accident-related injuries regardless of fault. A Sen
Tags: Insurance
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What Is The Payment Strategy For Cheap House And Contents Insurance Policy?
Posted on March 11th, 2012
Nowadays the insurance policies are available for almost everything. Various kinds of insurance policies are designed; let’s say for health, house, buildings, cars etc. New insurance deals hit the market all the time. Currently there are several agencies providing contents insurance cover policy. According to this policy, if someone suffers a loss of his possessions while living in his home, he will be paid for that by the insurance company. There are various names for such a policy such as a cover policy for buildings and contents insurance. Such cover policies include each and every stuff that could be present in a house whether its furniture, electronic items, aquariums or decoration pieces. T Read more…
ISDA : position on Greek debt insurance is due March 1 2012
Posted on March 7th, 2012
A global body for contracts used as insurance against sovereign defaults, the ISDA, will say on Thursday if a deal to cut Greek debt justifies payouts that could upset financial markets.
The International Swaps and Derivatives Association said on Wednesday that it would take a position on policies known as credit default swaps (CDS) which might determine whether Greece has defaulted.
The ISDA was acting in response to a query from an unidentified private creditor, and the declaration of a so-called credit event might lead to the payout of billions of euros (dollars) in insurance against a Greek default. A meeting will be held at 1100 GMT on Thursday, March 1 to determine whether a credit event has occurred, its statement said.
If so, it could trigger payments of CDS which totalled about 3.2 billion euros ($4.3 billion) as of February 10, essentially putting Athens in default.
Greece has reached a deal with private creditors to cut the value of the debt they hold by about 107 billion euros, which would substantially reduce overall Greek debt of 350 billion euros. Athens and European Union officials are trying meanwhile to avoid Greece having officially to declare a debt default, which would be a first for the 17-nation eurozone. In the case of sovereign debt, three situations generally qualify as a credit event.
The first is being unable to reimburse loans on the date they are due. The
Tags: Greek Debt, Insurance
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Filing a Home Insurance Claim in North Dakota
Posted on March 5th, 2012
Homeowner insurance covers your house against the worst happening, if a fire breaks out or flood or some other catastrophe it is there to provide you money to fix the damage. Hopefully you won’t have to file a homeowners insurance claim in North Dakota but if you do these are the steps you should take:
Be prepared. When the worst-case scenario occurs and you have to make a claim then stay calm and keep your contact information for your insurance company with you. Always store them where you can find them as this will be the first call you will need to make to file a claim.
Have pictures of your possessions prepared. Read more…
Why More Americans Are Buying Their Auto Insurance Online
Posted on February 10th, 2012
Comparison shopping is an important aspect of securing cheap car insurance. With costs for everything higher than ever, people have learned that they must get smart about who they buy items from, including car insurance. Auto insurance online allows people to make the necessary comparisons in order to achieve the best deal.
The days of calling agents on the phone and using yellow pages to locate companies are over. Nobody has the time anymore to call around and people want the ease of use that the Internet delivers. It is much easier to go online to look for anything than it is to go through pages of data.