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May 2016

Avoiding Increases in Auto Insurance

If you receive an update from your provider about an increment in your insurance premium, you can reduce the rates by taking some few steps. When your insurance rates are going up, don’t worry yourself, these tips will help you avoid a rise in your insurance rates and get lower rates.

1. Safe Driving

Although this sounds common, so many people are ignorant of the role their driving manner plays in determining the amount they pay as premium. The tickets you have gotten and the severity of those infractions you have recorded are key factors. Avoid the tickets if you must reduce your insurance bills. Ensure you remove any ticket you have gotten from traffic school. If all you have is a single infraction, that won’t get your rates up. On the other hand, multiple incidents, especially when you are at fault, will cause your rates to jump up quickly. Hence the need for careful driving; always have safety in mind.

2. Avoid Drinking and Driving

The fastest and easiest way to boost your premiums is by obtaining a DUI. Every year, thousands of people lost their lives to alcohol-related auto crash. And this translates to huge claims being paid out to policyholders for the at-fault driver’s carelessness. If you wish to cut down your rates, then don’t drive after some drinks; even if you think you are OK. The risk is not worth taking; you may be creating an instrument for a rise in your insurance cost, as well endangering your life and those of other innocent road users. While you may have an increase in premium for DUIs for some insurers, others will terminate your coverage for the first violation. If you wish to maintain a low rate, avoid being drunk while driving.

3. Maintain a good Credit Rating

When a lot of people notice an increase in their premiums, they are confused, because they can’t trace the cause. Even after contacting their insurance providers, they are given a general response which does not resolve their confusion. This premium explosion can be traced to your credit ratings. Insurance companies take cognizance of these scores in calculating your premiums. Although some people think it is unfair, that wouldn’t stop the trend; if your credit score is low, so you should act now. Evaluate your credit score, immediately remove all wrong items and this will improve your rating. Then, you should also clear off your bills as at when due and reduce your debt profile. You will enjoy both a more robust financial wellbeing and reduced insurance rates.

4. Your residence determines your Auto Insurance Rates

Your Auto Insurance Premium is determined, among other factors, by your zip code area. If you wish to relocate, first carry out a survey for some insurance rates before you finally decide. Clearly fill in the information of your car and your Zip Code and you can have your rates in less than 5 minutes. Urban areas attract higher rates which are as a result of the greater possibility of accidents and car thefts. So, relocating from a city to a suburb might reduce your insurance rate by 10% or more.

5. Get Cheaper Quotes Online

After trying all you could to cut down your insurance rates but still to no avail, keep calm. The best thing to do now is to check online and make some comparison on different auto insurance rates. The list comprises of top competing firms with their direct rates. It is highly recommended to save money and time; do direct online shopping. A lot of policyholders have testified of saving over $500, and they are also impressed at the easy and fast procedures. Get a free custom quote now; you stand to lose nothing!

Why Can a Total Loss Claim Take What Feels Like an Eternity to Settle

When a vehicle is written off can be horrific. It may even be terrifying.

Did you know that there genuinely are one million and one ways to have a vehicle declared a total loss. From fire, flood, accident, theft and everything between. From the outside looking in, some reasons many seem humours, however we can never lose sight of the fact that in some cases the scenario that leads you to make a claim can at best be described as “heart braking”.

We know only too well that when it comes to making your gap insurance claim we can never presume to know that it is an easy experience. We completely understand that time is also of the essence. In some cases you may be without transport. Depending upon what you use your vehicle for this may even mean that you are unable to work.

So if everyone understands the urgency and the need for tact when dealing with a gap insurance claim why can it take so long?

The simple and most common reason is that no gap insurance company can ever process a claim or pay a settlement until your own motor insurance company have confirmed that your vehicle is going to be declared a total loss.

If your vehicle has been stolen some motor insurance companies can impose a time delay during which time they await to see if your vehicle is going to be located. This can range from a few days to a few weeks.

This means that in most cases it can be quicker for your motor insurance company to declare your vehicle a total loss if it has been damaged. The simply explanation being that this will mean that they have a physical tangible asset which they can rate and make factual decisions based upon their findings.

Certainly the gap insurance and total loss policies which tend to be available online tend to have a stipulated time frame in which they commit to settle your claim. Please remember however that this time frame which only come into action once confirmation that your vehicle has been declared a total loss has been given by your motor insurance company.

So what can you do to make sure that your gap insurance claim is settled a hyper speed? We think our five point plan may help.

  1. Buy a gap insurance policy from a reputable source.
  2. If possible try to find a policy which sets out in black and white how long it will take to settle your claim. (Not just in the marketing but physically in the policy terms and conditions.)
  3. It may save a lot of time if you allow the two claims teams to liaise with each other rather than trying to do everything yourself and then having to relay information back and forth between the two sets of claims teams.
  4. Read your policy documents and make sure that you understand exactly what is and what is not covered should you ever have to make a claim.
  5. Get your paper work in order. By this we mean take copies of important documents such as insurance certificates and invoices. If necessary request financial settlement letters.

Last but not least if you are not happy about the length of time your claim is taking talk to your provider. The gap insurance market is very specialised and certainly from our perspective reputation is everything. This means that no provider can and ever should ignore an unhappy or concerned policy holder so let your provider know what is happening they will ignore you at their our peril.

Most Affordable Vehicle to Insure

Reports by renowned publications like Forbes ranks 2015 Wrangler Sports Jeep as the car with the lowest average yearly insurance rate in The United States. According to research by some online research team, the same car also ranked as the car with the cheapest insurance rate. The study conducted by Forbes was carried out on a middle-aged driver who goes on an average drive of 12 miles daily.

The annual cost was averagely about $1,135; which is about $100 monthly. This is, of course, good news for owners of this model that is fun to drive. For prospective buyers who are still contemplating whether or not to acquire the 2015 Wrangler Sports Jeep, these incredible rates are good enough to convince them to go for the brand. All over the US, Maine had the lowest prices for the brand model with an annual bill of about $700, which translates to less than $60 monthly as the premium for a new car. A lot of consumers will appreciate this rate as a result of the recent rise in insurance rates.

Jeeps like Patriots and some other brands had good scores in the research for cheap vehicle insurance rates, ranking among the ten most affordable cars to insure. Many people would wonder why it is relatively inexpensive to insure a Jeep. You may be amazed at the reason: Experts attributes the cheap cost to the engine designs; they are relatively inexpensive to repair and are easily customized, unlike other SUV. These autos are usually not severely damaged in accidents, and its drivers have recorded low mortality rates. Apply for an online quote today with any insurance company for free and find the dramatic reduction in premiums.

The safety of off-road vehicles and the likelihood of accidents are the concerns of many people. In my opinion, vehicles are like guns, and they function at the dictate of the user. A jeep, if recklessly driven can be dangerous, but when controlled by a responsible driver, it is entirely safe. A driver who drives at top speed, making sharp turns at critical angles can cause a fatal crash that may even lead to the death of passengers.

One nice thing about a jeep is its safety features like dual airbags and solid frame. Also, it can be driven on any terrain, from sand to snow, and this makes it lot safer than small cars. Just like every other car, Jeeps also have limits, and so one must take caution while driving, however, you are free to have fun with your ride. Having these low insurance rates in mind, you can go out there on some more explorations and be adventurous! For years, the producers of these famous cars, The American Motors, gave a picture of these cars as an icon of liberty, freedom, and adventure. If you own a Jeep, then try out some routine four wheeling and have that incredible aura that comes with a Jeep.

Getting Cheaper Wrangler Jeep Rates

Do you know you can get cheaper insurance rates for your Jeep? Check out these tips and save more.

· Combine all your cars

You will get as high as 10% discount for insuring all your cars with an insurance company. This saves you extra bills, making insurance a little easier. You may also want to combine your vehicle and home and save some real cash. Bundled rates are mostly cheaper than purchasing separate coverage from different insurance firms.

· Boost your Credit Rating

Improving your credit score helps you get cheaper insurance rates. Insurance providers are now emphasizing on individual credit rating in calculating insurance premiums.

· Direct Shopping with Insurance Companies Online

It’s no longer news that the web offers incredible deals; same applies to vehicle insurance. Today, virtually every individual has access to the internet, so no excuse is good enough for not shopping online. Purchasing coverage directly from providers can save you as high as between 5% to 20% less the cost from local agents or brokers.

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Classic Car Insurance and More Tidbits

Funny, isn’t it – how an old car is only attractive if it’s considered antique or classic? For the classic auto enthusiast, the interest is more than a simple hobby. For most, it’s a passion that perhaps even supersedes the passion of an ATV, motorcycle, truck or even boat owner. It’s a pastime that involves homeowners, renters, landlords – and the full spectrum of society.

To this type of auto fan, it becomes an obsession that should flood his or her free moments – especially weekend time. So, for all of you that insurance companies write policies for – this is for you and your wonderful craze!

Exceptional Fun Facts for the Antique and Classic Car Lover

• Do you know the difference between the automobile term, horseless carriage, and the term vintage car? A horseless carriage is in reference to the antique cars that went public from 1896 to 1915 and a vintage car refers to cars made between the years 1916 and 1925.

• See if you can guess this one! How many Barracuda convertible cars were produced in all? The grand total will set you reeling: there were seven in all!

• If you managed to come up with the answer to the above, see how well you do on this one. How many 1940 Dual-Cowl Phaetons did the manufacturing auto company produce in all? The modest answer is six!

• The great and oftentimes revered Mustang car was initially presented by its manufacturer in the year 1964.

• Though car fans usually are associated with the color red, the very first Camaro car was actually bathed in the color black. (Black is beautiful, right?)

• Ever wonder where the English dictionary came up with that great word we reference to the car? Automobile is actually two words that are blended together. Auto means oneself and mobile means the ability to move. Hence, an automobile is that wonderful invention that allows an individual to travel via driving maneuvers!

• The renowned auto company began mass production of its reasonably priced Model T automobile in the year 1913.

• If you view movies about Fidel Castro’s dictatorship, you will be led to believe that the natives only drive classic cars. The reason for the large amount of older cars on the streets of this Latin American country is due to the infamous US Trade Embargo of 1960 that resulted in no new trade of automobiles between the nations.

• Want to know about cheap auto insurance for your classic vehicle? Talk to an experienced independent insurance agent. He will demonstrate how to choose the appropriate policy according to your driving needs and mile accumulation as well as other factors.