May 05
According to a market analysis conducted by Tiger, a car insurance comparison website, car insurance prices decreased by 0.8% in the month of March this year. This makes the annual drop in premium prices to 1.9%. The report was created by Tiger Watch, the market indicator of the company.
However, according to company experts, the car insurance premiums remain 33% higher than those during the month of March, 2010.
According to Andrew Goulborn, the company’s commercial director, “Tiger Watch gives one of the earliest indications of movements in car insurance pricing and the March 2012 results show that market competition is helping to keep premiums stable. How
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Tags: Car Insurance, Insurance
Apr 18
According to the Insurance Information Institute, the effects of Hurricane Irene significantly increased the risk of unknowingly buying a flood-damaged car. While it is illegal to hide a vehicles history of flood damage, some unscrupulous resellers will do so, obscuring the facts and cleaning up any noticeable defects.
Complications of Flood-Damaged Vehicle Sales
The National Insurance Crime Bureau has also warned consumers about this problem, noting most consumers lack the training and knowledge to spot a flood-damaged vehicle. As a result, they can be defrauded by a resale which falsifies or conceals paperwork and facts. If stuck with a flood-damaged car against their will, drivers may find themselves forced to choose between spending more on another vehicle, costly repairs or driving unsafely.
Proper disclosure of a vehicles defects is required by law.
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Tags: Flooddamaged Vehicles, Vehicles
Mar 24
While the precise method of calculation may differ between coverage providers, auto insurers generally use the same types of information when determining their car insurance rates. A given customers rates are generally determined based on statistics and analysis of the likelihood that the driver will get into an accident and file a claim. As a result, characteristics associated with safer driving tend to mean lower rates. According to the Insurance Information Institute, the average American pays about $850 per year for coverage.
Policies can provide different levels of coverage, and the different varieties of auto insurance apply to different situations. For example, bodily injury liability coverage kicks in if the insured driver injures someone else, while comprehensive coverage applies to damage from natural disasters and other non-collision damages.
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Tags: Cost Insurance, Insurance
Mar 18
Insuring ones life is of the important duties one needs to do early in life for the best returns. The earlier you plan, the easier are the premiums and the higher are the returns. Those who plan their finances well know how important life insurance is. However buying the right policy is not easy. It is a tricky situation to understand which policy is best and which suits you the bets.
From term insurance policy to the life long whole life insurance policies and many others, there are a wide range of life insurances that almost confuses you. Many choose the term insurance policy as it is cheap compared to the whole life insurance. There are number of sites that offer tips to get the cheapest term life insurance. But I would suggest it is important to understand your own needs and requirements in deciding which policy suits you and how you want your future to be. Read more…
Tags: Life, Life Insurance
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