The Most Expensive Car-Loans in the World

Sep 23

Think you are buried under your car debt? It might help change your perspective if you see some of the world’s most expensive cars – and how much they would cost if you chose to finance them. Would you pay thousands in interest just for the privilege to own one?

Bugatti Veyron Super Sport

This luxury sports car costs nearly $2.6 million at the time of purchase, but if you chose to finance it for five  years at an APR of 10%, you’d pay an additional $55,242. That w

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6% of accidents caused by lane changing

Sep 23

According to recent statistics collected by the Accident Exchange, 6% of accidents which occur on UK roads come about as result of changing lanes, with the estimated cost of damage topping £437 million every year.

If this news wasn’t bad enough, it seems accidents arising as a result of poor awareness while changing lanes is on the rise as statistics show the figure has almost doubled in the space of the last two years.

Not checking driving blind spots properly and failing to indicate have both been highlighted as reasons for the high number of lane changing accidents, while some motoring experts have hinted that the increase in these kinds of accidents could be due to the extra safety features on new cars. Th

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Marsh enhances SME trade credit offering

Sep 21

Marsh has enhanced its CoverCredit offering, having taken note of the difficulties experienced by some of the UKs small and medium-sized enterprises in securing trade credit insurance.

Developed with specialist in the field, Coface, the new package is available to businesses with annual sales of up to £10 million and provides protection against non-payment and insolvency for the sale of good and services in the European Union and other agreed countries.

According to the broker, trade credit insurers are continuing to do battle on pricing for large corporate accounts, but many are exercising caution when evaluating proposals from SMEs, notably in the timber, construction and non-food retail sectors.

For SMEs, the sectors are perceived as high risk by some insurers, despite many small companies continue to trade successfully in challenged areas of the economy, and Marsh believes CoverCredit can provide the security they will be looking for in granting credit.

The firms UK trade credit practice leader, Tim Fisher, comments: “Trade credit insurance and risk management are vital protection mechanisms for SMEs, as one sizeable bad debt could have catastrophic consequences.

Available online and with dedicated telephone support, the policy offers an all-inclusive price, fixed for the policy period and payable monthly or quarterly by direct debit, with a discount is available for full payment in advance.

Modified Cars and Car Insurance Costs

Sep 12

Did you know that if you modify your car in any way, you are more than likely to have to pay higher insurance costs as a result? So if you are young and looking for cheap car insurance, you better think twice before moddingyour motor. This is the case whether you make a relatively small modification, such as by adding alloy wheels or tinting the windows, or whether you do something larger that enhances the car’s performance and speed.

The thinking behind this is that cars that have been modified in some way pose a bigger risk on the roads and are more likely to result in claims being made against the car insurance. T Read more…

What commercial auto insurance is necessary for

Sep 12

Car Insurance TipsAuto insurance is a legal obligation and a personal need. It protects the driver’s medical, legal, and financial burdens resulting from various accidents. Policies can be tailored to the specific needs of each person. The coverage extends beyond the use of cars in all types of commercial use. commercial vehicle insurance is a very important element to manage and protect business.

Most entrepreneurs use vehicles for their operations. The most evident are those carrying passengers or goods. Read more…

Driving to a different beat

Aug 26

We’re all into different types of music – you might enjoy rocking away on your trusty old air guitar to a bit of AC/DC, while I might prefer singing along to Jedward’s latest musical ‘creation’. I said might. Maybe you’re even that rarest of creatures – an Enya fan. But what you probably didn’t realise is that different music genres can affect the way you drive

A recent study by Halfords found that playing calming music prevents blood pressure from rising and encourages more considerate drivers. So how about swapping your Guns N’ Roses CD with something a little more chilled out like Adele.

Nine out of 10 drivers admit that playing music in the car has an effect on their mood and behaviour behind the wheel, with 60 percent saying it makes them happier and more considerate motorists.

However, some 15 percent of drivers admitted that their choice of music makes them drive faster and 5 percent said it made them more aggressive. This change in be

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COBRA Subsidies Coming To An End

Aug 26

The recent stock market turmoil has brought back memories of the fall of 2008, and the government stimulus package that followed.  One of the provisions of the stimulus package was a program to subsidize COBRA premiums for people who lost their jobs in the wake of the recession.  The subsidy program was extended to help people who were involuntarily terminated on or before May 31, 2010, and allowed them to receive up to 15 months of COBRA premium assistance.  For most people who qualified for the subsidies, the 15 months has already ended.  But for the last people who qualified those who were laid off in the final days of May, 2010 the 15 months of premium assistance will come to an end next week.

Unfortunately, unemployment numbers are still pretty grim in the US.  Ba

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Home Insurance Discounts and Neighbourhood Watch Schemes

Aug 26

Savvy consumers can find various ways to get discounted home insurance quotes. Joining your local Neighbourhood Watch scheme is one way to lower premiums.

Many UK home insurance companies will offer discounts to customers who can demonstrate that they are taking extra care to protect their properties. Some, for example, will cut premium costs if you are an active member of your local Neighbourhood Watch scheme. Why does this matter to insurers and how can you get money off your policies?

These schemes are set up by groups of local residents with the aim of making their neighbourhoods safer and minimising incidents such as theft, vandalism and general crime. Working in partnership with the police and local councils, each group of volunteers will look after a specific area.

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