What way you can choose to reduce the car insurance for young drivers

Apr 04

Usual parents are worrying about having enough money for the education of their children, but they tend to forget another huge spending – young drivers car insurance. If this young driver is a little girl, you can wait a bit before the purchase, but if your son drives a car, start saving money for the policy from the first minute you arrive home after buying a car.

Of course, the cost of insuring young drivers can be a little enormous, but if you are a parent with a young driver, you will decide that it is a decent price. There are some evident reasons why they have to pay more. They have less driving experience, statistics show they have more accidents so, the risks for the insurance companies are higher. Read more…

What to Look for when Test Driving a new Car

Jan 19

While a test drive was once the ultimate method for checking the condition of a used car, technology in newer models has made a test drive a less reliable indicator of car problems. Smart consumers should have any used car they are considering checked by their mechanic for potential problems. They can also make use of Car Fax reports which track car titles to let buyers know if the car was involved in an accident, flood or suffered other damage.

Taking the Car for a Spin

Whether an individual is buying a new or used car they should take the car for a test drive to see if it is comfortable to drive and if it handles well. Drivers come in different shapes and sizes and while a car may suit a 55 tall woman, it may not be comfortable for her 62” tall husband. Look at control panels to see if displays are easy to read and understand, and check settings for seats, the steering wheel and controls,even the A/C and heat, for accessibility and comfort.

Make a Checklist

Unless an individual is a mechanic or professional driver who knows exactly what to look for during a test drive, he or whe should make a list of problems which could be a red flag on the sale. Engine noises may or may not signal an expensive repair, but if an automatic transmission hesitates as it shifts, it almost certainly will need work in the near future. Newer model cars often have digital readouts that tell owners when to change the oil and when they need fuel. Some also identify problems that require repair.

Check Handling

When conducting a test drive it is a good idea to take the car to an empty parking lot or other area where the driver can check the turning radius of the vehicle and slam on the brakes to see how quickly the car stops. Rapid acceleration is another point that should be checked since it is important for most drivers who spend any time on highways. The stability of the vehicle is a consideration because older model SUVs can be top heavy which makes them difficult to drive safely.

Does Everything Work?

Cars today have lots of buttons and controls many of which contribute to both the comfort and the safety of the vehicle. Check all the functions like windshield wipers and washers, defrosters, heaters and A/C, navigation systems, controls for sun or moon roofs, and cruise control. All the lights should be checked including the blinkers, hazards, head and tailights and brake lights since malfunctioning lights have to be fixed immediately to keep the car legal.

Since new cars have warranties and rarely have mechanical problems, the test drive is mostly to check comfort and handling. While the test drive may reveal some problems with a used car, the best bet for consumers is to have the car checked by a reputable mechanic and get a Car Fax report to avoid buying a lemon. Always keep the report since it can help verify the value of the used car by showing the mileage is accurate and the car has never been damaged.

Claims for whiplash pushing up the cost of car insurance

Jan 18

The thousands of claims for whiplash following a road traffic accident are pushing up the cost of car insurance, according to a recent report by MPs, who are calling for a ban of insurance companies selling customer information to private injury lawyers, and also raising the threshold for payments for neck injury cases in a bid to curb this growing problem.

Often claims for whiplash injuries are not being contested by the insurance company as diagnosis of this type of injury can be subjective, the recent study by the MPs found, which deters insurers from fighting the claim as it is hard to defend this type of case.

While the MPs behind the study say they support justice, and those who have been seriously affected as a result of an accident that wasn’t their fault should not be put off seeking compensation. H

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Claims Expenses In New Colorado High Risk Pool Are Double The National Average

Jan 13

Last summer, I wrote about GettingUSCovereds lower-than-expected enrollment numbers and the fact that the federally-funded high risk pool in Colorado had significantly higher per-member medical costs than CoverColorado, the states existing high risk pool.  In my article, I addressed the fact that although the eligibility guidelines are similar for the two programs (other than the requirement that the applicant be uninsured for at least six months prior to enrolling in GettingUSCovered, per federal guidelines), CoverColorado allows people to apply if they have been offered a policy by a private health insurance carrier with a premium higher than the premium for a comparable policy from CoverColorado.  GettingUSCovered does not have this option.  

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Why Minnesota Car Insurance Rates Could Rise In 2012

Dec 16

There are a lot of insurance companies, and whether small or large, local or international, they are all very competitive. Because of that, a policy holder might expect his business would be so valuable that he would see lower and more competitive quotes on his premiums. He might actually expect to get cheap car insurance. However, that isn’t what has happened. Across the board, one of the side effects of the economic recession has been rising insurance costs. In recent years, there has been a slow, constant upward pressure on car insurance rates. Minnesota car insurance rates have not been immune.

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Top 5 Causes of Car Accidents

Dec 09

Car accidents are one of the leading causes of death for young Americans. Improved safety features like passive restraints and infant car seats have actually cut the number of deaths on American roadways, but more than 30,000 people a year still lose their lives in motor vehicle accidents. While the most common causes of accidents are well known, many American drivers seem unable behave responsibility when they climb behind the wheel of a car.

Driving Under the Influence

Perennially number one on the hit parade, driving under the influence is the most common cause of all types of auto accidents, fatal and non fatal. State governments have enacted laws with harsh penalties for DUI and law enforcement agencies are working together to try to catch offenders before they have an accident.

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New car insurance provider for young drivers is launched in the UK

Dec 06

A brand new car insurance provider with policies aimed specifically at young or first time drivers has been launched in the UK this week.

INGENIE is masterminded by three individuals namely the ex footballer and sports pundit Gary Lineker, former MD of RSA Insurance Group, Steve Broughton and the Chairman of British Airways, Sir Martin Broughton.

The innovative new car insurance company was set up with the intention of providing affordable insurance options for young drivers who the company directors feel are often priced off the road.

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Understanding Personal and Supplemental Health Insurance Plans

Dec 06

With the economic slowdown, healthcare is one of the sectors which have been truly hit. As a result, not only does availing of health facility entail a long wait but selecting an appropriate health insurance plan takes an equally long amount of time and deliberation. This is particularly applicable in case of single health insurance plans wherein the premium as also the coverage is meant for one person only, the individual whose name is mentioned on the policy.

Anyone who is in search of an insurance policy which would be apt for his personal preferences must first develop an understanding on the various types of plans. Amongst the many types of health insurance policies, there are two which are considered as being the best personal health insurance plans – health maintenance organization (HMO) and preferred provider organization (PPO). W Read more…

Auto enrolment delayed for SMEs

Dec 05

The Government has announced changes for small businesses regarding the automatic enrolment timetable and is allowing more time for implementation.

Under the revised timeline, SMEs will have to begin automatically enrolling their staff in May 2015, instead of April 2014.

In addition, while automatic enrolment will still be rolled out in autumn 2012 the rate of pension contributions will remain unchanged until all firms are on board, a measure that will benefit all employers.

Minister for Pensions, Steve Webb, comments: We recognise that small businesses are operating in tough economic times so we are softening the timetable for implementation to give them some additional breathing space.

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