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Thursday

31

March 2016

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COMMENTS

Car insurance for New Drivers and Teenagers: Definitive Guide

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Tips - Car insurance for New Drivers and Teenagers: Definitive Guide

A Definitive Guide on Car insurance for New Drivers and Teenagers

Car insurance for new drivers is really difficult because of the fact that most new drivers are teenagers who’ve never really been known for being responsible or levelheaded from an insurance company’s point of view. It’s also really difficult because Motor vehicles are the leading cause of death.

Another reason why new drivers find it so hard to get insurance is that there’s no driving record because they’ve never driven before.There’s no credit history because they’re under 18 and there is no previous insurance coverage so the insurance company cannot look at claims histories.The end result of this is that premiums for new drivers are usually high leading most people to get right to the cheapest option.

If you are looking for insurance for new driver’s you should put them on an existing policy if your parent. This means that, you put your child on your policy. Adding a minor to your policy can be expensive but don’t let that freak you out because it depends on number of factors. Your driving record, if you are a good driver, adding a new driver will be cheaper. Where you live, urban areas are priced higher than rural areas. Gender of the new driver, men are statistically more riskier than women.

As a parent, you may ask, why insurance for new drivers go up so much? the answer is the statistics. New drivers are very good at driving, according to the Insurance Institute for Highway safety, within the first six months, a new driver is eight times more likely to be involved in a fatal crash than an average driver. Also, within the first year a new driver is three times more likely to be involved in a fatal crash.

According to the National Highway Transportation and Safety Administration, a new driver whose had an accident is still 50% more likely to have another, so from an insurance perspective this gets really expensive. The costs come down over time once you get out of the first year. Most insurers have a surcharge that they charge the people who have been licensed from a  senior school. Once you get through the first year, the insurance costs should be cheaper.

How to Lower the Costs

The first and arguably the largest part of it is the type of car, think a new Ferrari versus a Volvo station wagon. Just because the car is cheap does not mean it’s cheap to insure, this is because insurance companies consider a lot of factors. You can have two cars that may cost the same but they might have different repair costs, maintenance costs or safety records. The easiest things to do is to either ask your insurance agent but that’s quite cumbersome. The good thing is,  you can use other options to get a better idea of how to get a good score card.

The options for lowering the costs are; number one,  be a good student, most insurance companies offer a discount to full-time students, and if you’re a good student the discount can be as much as 5 to 10% which can add to several hundred dollars a year.

Having an accident makes it very expensive especially for new drivers because it affects the rest of their driving career. A few or even just one ticket could increase your premiums by 60% and it’ll take three years for the premium to drop off your record so drive safe.

Finally, getting your child into a quality driving school enhances their driving reputation with the insurance company. Most people are familiar with driver’s ed where they have driving courses catered specifically towards teenager.  Teen Smart is another highly successful driving school in California that can enhance your reputation with an insurance company to get cheap car insurance up to 10% for a new driver. Drive safely and take driving courses since that’s about the best you can do in the meantime but as you start reaching your mid 20s, you’ll no longer be penalized for being a new licensed driver.

Sunday

27

March 2016

0

COMMENTS

Prices for car insurance. How to get the best car insurance quote

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Tips - Prices for car insurance. How to get the best car insurance quote

Prices for car insurance. How to get the best car insurance quote

Prices differ from company to company, so it pays to shop around, and get at least three price quotes. You can call companies directly or research the information online. Your state insurance department may also provide comparisons of prices charged by major insurers.

While shopping, get quotes from different types of insurance companies. Some sell through their own agents; some sell through independent agents who offer policies from several insurance companies. And a growing number of insurers sell directly to consumers over the phone or via the Internet.

Lastly, don’t shop by price alone. Ask friends and relatives for their recommendations. Contact your state insurance department to find out whether they provide information on consumer complaints by company. Work with an insurance professional who takes time to answer your questions.

Before you buy a new or used vehicle, check what it will cost to insure. Auto insurance premiums are based in part on the car’s price, the cost to repair it, its overall safety record and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. You can research safety rankings for specific models with the Insurance Institute for Highway Safety.

Some companies offer reductions to drivers who get insurance through a group plan from their employers, through professional, business and alumni groups or from other associations. Companies offer discounts to policyholders who: have not had any accidents or moving violations within a specified period. Drive fewer miles per year than the average motorist and to those who have taken a defensive driving course.

If there is a young driver on your policy who is a good student, has taken a drivers education course or is away at college without a car, you may also qualify for a lower rate. But one important thing to keep in mind is that the key to savings is not necessarily getting discounts, but the final price. A company that offers few discounts may still have a lower overall price.

  • M&S Bank will cut up to 20 per cent off their loyalty cardholders’ car insurance premiums plus it promises 1,000 M&S points to cardholders taking out a new policy. Its also offers up to 90 days cover while driving abroad and uninsured driver protection.
  • Churchill offers a 24-hour emergency and legal advice line, an uninsured drivers promise and a five year servicing deal. Experienced and safe drivers could also get an 80 per cent discount for a cover of eight years or more.
  • Tempcover insurance could be a good option if you are after cover for a short period of time and Marmalade have a decent offering exclusively structured for young drivers.
  • Sainsbury’s offers new customers with a Nectar loyalty card up to 30 per cent discount on their insurance plus they get double points when swiping their loyalty cards on shopping and fuel with the supermarket for up to 2 years. The supermarket giant is also gives free breakdown cover for the first year on its Sainsbury’s Car Insurance or Sainsbury’s Premier Cover Car Insurance until 28th September 2015.
  • John Lewis offers a 15 per cent discount when you apply for motor insurance online. Its policies come with a no claims discount of up to 75 per cent.
  • The AA offers free breakdown cover for the first year with any new car insurance policy.

Tuesday

22

March 2016

0

COMMENTS

5 Tips for Getting the Best Rate on Your Car Insurance

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Tips - 5 Tips for Getting the Best Rate on Your Car Insurance

5 Tips for Getting the Best Rate on Your Car Insurance

The following are the tips to get a good comprehensive auto insurance policy at a lower rate from your insurance company.

Number one, driving record, avoid reckless driving like infraction and remember no texting or talking while driving. Your driving record has an impact on your insurance premium; if you have a bad driving record your insurance premium is likely to become expensive.

Number two, don’t let other people drive your car, allowing other people to drive your vehicle presents an increased risk of an accident.

Number three, always have your auto insurance renewed in time.

Number four, do not submit small claims on your insurance policy because it makes your premium go up.

Number five, paying your bills on time doesn’t hurt your car insurance premium.

Adhering to these tips shows the insurance company that you are a responsible driver.

Monday

21

March 2016

0

COMMENTS

Save Money on Car Insurance: How to get best deals on car insurance

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Tips - Save Money on Car Insurance: How to get best deals on car insurance

Save Money on Car Insurance: How to get best deals on car insurance

Do you want to know the tips that will help you save money on your car insurance? Today, I will list the best ways of saving money on car insurance.

The first tip is to make sure to visit your existing agent or an agent that’s in your town or neighborhood; these professionals will definitely help you save money on your car insurance.

There’re a lot of different types of policies, limits and deductibles that will determine the premium; so when you are talking with your agent just explain to them your budget and how much money you’re willing to spend each month. Your agent will design a program around that budget. It is possible to get less premium but this is not the smartest move because you want to make sure that you’re vehicle gets substantial value.

In your sit down session with the agent, make sure that you give them all the necessary  information so that they can determine the best policy and the best premium rates. For more car insurance info, click here.

Sunday

20

March 2016

0

COMMENTS

Car Insurance Tips for Business and Agents

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Tips - Car Insurance Tips for Business and Agents

Insurance Review for Farmers

You know better than anyone how quickly life can change and when it does, the first thing on your mind  is probably your insurance. Whether you’re an existing customer or just looking for new insurance some times it is good to look at how different life is from the time you last updated your comfort. Maybe you got a new car and moved to a new home, got a new job or you plan to retire soon, gotten married, had a  baby or you are trying to get another. These changes require drastic measures.

Before you plan to renew your policy, call your farmers agent to schedule what we call a farmer’s friendly review to get a clear view of the coverage you have and the coverage you want. During your farmers friendly review you and your agent can check in and see if your insurance policies require changes in your life and discuss how they might affect your coverage.

Discuss the updates and changes that you want to make to your existing house and the best part about it it’s totally free and easy. Whether you’re already a valued customer or just shopping around, the farmers friendly review will help you make sure you have coverage that continues to adapt to your changing lifestyle. Call your agent to schedule a farmers friendly review today

Saturday

12

March 2016

0

COMMENTS

How to get a cheap car insurance at almost no cost

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Tips to get cheap car insurance!

There are states where there are required limits for car insurance. It happens especially in Massachusetts, where you’re required to carry bottom line limit on your car insurance.

But there is one way to lower your current insurance costs: I don’t suggest you to read further unless you’re comfortable with that. The tip I can give you is that if you did not carry comprehensive or collision insurance, also you could look it into carrying higher deductibles.

Is the amount that the policy owner is required to pay before the insurance company kicks. Then if there’s a physical damage loss raise your deductibles off in your price will come down could also carry lower limits.

Again I don’t suggest carrying lower limits, all that you’re concerned with and covered not concerned with you can carry lower, there may be some companies out there that say that they have played a great cheap price.

Do you suggest to be careful? Then make sure you’re getting the same policy.

So one company might be offering you a 12 month policy another might be offering a six-month policy and it does seem a lot lasts so just be careful where to to really look into what you’re getting but there are couple ways to lower your current insurance costs.

Saturday

12

March 2016

0

COMMENTS

Best car insurance: how to choose the best car insurance for your needs

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Tips - Best car insurance: how to choose the best car insurance for your needs

How to choose the best car insurance for your needs

Today we are discussing how to choose the best car insurance, here are a few steps that you should follow to get the best car insurance.

Shop around and find four different places, then pick the one that offers the best rate. Make sure you get a adequate coverage because it protects you and me and it minimizes your out-of-pocket expenses.

If you’re purchasing full coverage, make sure that you’re comfortable with the deductibles that you’re purchasing.

Lastly, you also want to go ahead and make sure that the carrier that you’re choosing is legitimate and has a good standing on the insurance industry.

So, to recap, make sure that you get adequate coverage for the policy that you’re comfortable with. Ensure that you are comfortable with the deductibles if you are getting full coverage and the carrier should have a good standing with the department of insurance.

Saturday

12

March 2016

0

COMMENTS

Become an auto insurance broker: guide to all the steps you need to take

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Tips - Become an auto insurance broker: guide to all the steps you need to take

Become an auto insurance broker: guide to all the steps you need to take

Lets talking about how to become an auto insurance broker. As an insurance broker, you have to find out what the product is all about so you need to first get your free license.

Check your education requirements, if you go to your state commissioners insurance website for whatever state that you’re they’ll tell you what the requirements are; if you meet the requirements you can usually get the certificate between 1 to 3 weeks.

Depending on the education requirements, you must pass a test at the property-casualty level . This test is governed by the individual state and they also require you to get your fingerprints run through the system so that they now that you don’t have a criminal background if the job requires a clean background history.

Then once your get your license, it’s good to find out what the industry is like in your area and once you decide which company to approach you contact them and they will send out a sales person to come out and let you know quota requirements. A lot of times, you have to meet the quotas annually and if you or any agency owner rather than just going out individual they will require a business that meets their set coverage.

Saturday

12

March 2016

0

COMMENTS

Cheap car insurance for young drivers explained, step by step

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Tips - Cheap car insurance for young drivers explained

Cheap car insurance for young drivers explained, step by step

Today, we are discussing cheap car insurance for young drivers. Try some of the following ways to make Insurance cheap for young drivers.

  • Take the defensive driver course,  this gives you an automatic 10% discount on your premium.
  • Choose a cheap car, by doing so, you will have a cheaper premium. If you choose a new car like a sports utility, you will have to put a full coverage and pay high premiums. An older car does not need that full coverage.
  • Also, avoid speeding tickets, red lights and only use hands free devices when you are driving  

These are some of the ways for you to have a cheap insurance as a young driver.

Saturday

12

March 2016

0

COMMENTS

Tips on how to succeed in car insurance claims

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Tips - Tips on how to succeed in car insurance claims

Tips on how to succeed in car insurance claims

Nobody wants to be involved in a car accident whether it’s your fault or whether somebody else’s fault, it’s always a chaotic and dramatic event. Here are some things to think about when you’re dealing with a car accident and a car insurance claim.

Number one, make sure that you have a current auto identification card in your car because you need to exchange that information. The card should also have your agents in front name information and phone numbers.

The second thing is  that no matter what happens, you really don’t want to tell the other person , “Jesus….it’s my fault”, be wise and don’t say it was my fault.  Your insurance company will handle it and do the adjusting of the claim and make sure of that so make sure everybody’s okay. Get all the information but don’t admit to something that may turn out to be  untrue.

Make sure to take pictures at the scene,  don’t care about how small the accident may seem to be from a little fender bender that happened in a parking lot or full on accident,  it is very important to take pictures. Take pictures of the car’s damage, take picture of skid marks, take pictures of everything that’s involved with the accident.  Your insurance company will love you because the more information they have the better and faster the claim will be processed.

The next thing that’s important is to call your insurance agent  as fast as you can. Call the number on your insurance card; this will probably reduce the amount of paperwork and work that you have to do later if you get that done immediately.

Finally when you get the paperwork, whether it’s yours or the other parties,  do it quickly. Things get blurry in your mind after a while’s so do the paperwork quickly. Be very quick and rapid in your response.