Car Insurance Myths

Learning about insurance coverage can be confusing, even with the most comprehensive information and the most detailed accounts of policies. Regardless of how much information is out there, the bigger concern is how much misinformation exists regarding car insurance. As the result of this misinformation, there is a detailed mythology involving car insurance that may cause some potential consumers reservation when it comes to applying for appropriate coverage.

Colour Matters

One myth, believe it or not, is that the colour of the vehicle makes a different when applying for insurance coverage. A lot of people believe that coverage for the make, model, and especially the colour of the vehicle can make a difference in the overall quality and amount of coverage given. This is a myth, as it doesn’t matter what colour your car is. The coverage will be the same.

Parking Ticket Problems

Some people believe that getting a parking ticket can influence insurance rates. Surely if this were the case, we’d all be facing skyrocketing rates on a regular basis. Car insurance rates are not affected by parking tickets or other similar situations. These tickets by themselves do not count against any insurance record, but not paying tickets can impact your ability to renew your driver’s license which could, in turn, affect your overall rate. The lesson learned here is clear: pay your parking tickets!

Speeding

Speeding is a serious problem that can impact your driving record, but a single speeding ticket will likely not impact your insurance rates. Of course, if your single speeding ticket involves driving at a reckless speed several dozen miles over the limit, you can bet that your rates will be impacted. One or two minor convictions for speeding likely won’t have a say in your rates, but accumulate a few more of those and you can rest assured that you’ll be paying more when it comes time to renew your policy.

It’s Not My Fault!

One myth about accidents is that you don’t have to pay deductible if the police assert that an accident is not your fault. This is not necessarily the case. The police may not have deemed you criminally responsible as a driver in the accident, but it is your insurance company that holds the key as to whether or not you’ll be paying. If the insurance company investigates the accident and discovers that it wasn’t your fault, you’re in the clear and they will waive your deductible. If their findings differ, however, you’ll be paying.

Cheap is Best

Many people think that insuring cheaper cars is more affordable than insuring more expensive, luxury cars. This is not the case. The premium paid for automobile insurance is based on a combination of factors, including the original price of the car, any repair costs, theft frequency, and any claims history on the vehicle. If you’re older, cheaper car has a history of repairs and problems with other claims, it will likely not be cheap to insure. If a newer, luxury car lacks any history of repairs and has no claim history, it may be less expensive than your older car. Every rate is different.

Beating Rising Car Insurance Premiums

Following announcements from leading motor insurers in 2007, premiums for UK car insurance are expected to rise by 10-20% in 2008.

A range of causes have been quoted from a rise in claims due to unforeseen events such as the recent floods to premiums already being artificially low for some years. Whatever the reason, a further hike in motoring costs coupled with increases in other non-discretionary costs of living mean that 2008 could be an expensive year for millions of UK residents.

Fortunately, there are a number of steps you can take to counter these inflation busting increases on your motor insurance.

STEP 1 - Don't believe the hype

In spite of what the adverts tell you, there's far more to finding the cheapest cover than simply comparing the quoted rates. It's a complex, multi-variable product, and deserves your attention because of this. Have a good think about how and when you use your car and what type of cover and options you do and don't need. Many of us continue to renew policies with options we don't need and are unlikely to use.

STEP 2 - Search online for the right cover and the lowest price

The primary benefit of searching online is that you can compare cover and premiums from several dozens of companies using the same information. Price comparison sites will give you a baseline to work from, but be aware that not all comparison sites are equal. Some make assumptions about your needs and get quotes that may be higher or lower than you will be offered. Look for comparison sites that guarantee the accuracy of the premiums quoted.

STEP 3 - Look to non-traditional and newer insurers for the best prices

A surprising study run by a consumer advocacy group ran profiles through 33 insurance companies via multiple price comparison sites, and checking a number of risk profiles. The end result was that newer insurers, and insurers not known for doing motor cover consistently came out with the cheapest premiums. Don't close your eyes to a good price just because the company isn't "known" for car insurance.

STEP 4 - Get cover that matches your driving needs and habits

Many of us just buy a standard car insurance policy with cover options that we are unlikely to need or use. If you're a low mileage driver with a standard policy you could be wasting hundreds every year. There is even a new 'pay as you drive' policy that uses a GPS device installed in your car so that your premiums are linked to your personal driving habits including mileage, the roads you use and time of day you use them.

STEP 5 - Reduce the risk and make the most of discounts

Premiums for any insurance are based upon risk, so to reduce your premiums try and reduce the risk of needing to claim on your policy. Factors such as where your car is parked, how it is used and how secure it is are all factored into premiums. A little known trick that can work with some insurers is to add a low risk named driver to your policy. A female over the age of thirty with a clean driving record can cut your premiums by 5-10%.

Best Motorcycle Insurance

Protecting your property from theft and damage is a very important part of life. Why? Quite simply because you have a lot of time, money and love invested into them, and so securing them (at least from a financial perspective) makes a lot of sense. So, buying insurance should be one of your main priorities each time you add a home, change jobs etc.in your life. Equally, it is not just your home and life that needs insurance. That little (or big!) two wheeled beauty sitting on your driveway also needs it. Motorcycle insurance protects the investment that you make in your new Harley or other bike so that you can drive it down the road and park it in your garage without worrying about wrecking it or having it stolen. It also can stop you from experiencing punitive financial problems if you involve someone else in an accident. So, whilst getting a bargain on your motorcyle insurance is not a topic that will neccessarily be as 'Gripping' as riding the bike. It is nevertheless an essential aspect of owning a motorbike.

Motorcycle insurance can usually be purchased from the same company that insures your car, home, etc, which can help to make the process a little easier. Many times, you can get a discount by buying all of your insurance from one company. But you should still research the cost with other specialist vehicle and motorcycle insurance companies to make sure that you are getting the best price available. Here are some things you need to know when you purchase your motorcycle insurance.

1/ Make sure you know who is underwriting the insurance.

The underwriter is the guy (or gal! ;)) who pays up if you need to use the insurance due to a wreck, theft, or vandalism. So you will want to ensure that you have a dependable underwriter for your motorcycle insurance. If your underwriter is not dependable, you could end up with no motorcycle to ride and no money to replace it!

2/ Compare rates as well as policy details.

Just because one insurance rate is cheaper than all of the others does not necessarily mean that you are getting the best deal for your money. Check your state and local laws to learn exactly what insurance coverage you need to purchase for your motorcycle. In this way, you will not be paying for coverage that is not needed and you will have at least the minimum of what the law requires. You may want to get coverage that includes yourself or another driver, passengers, custom equipment, collisions, uninsured motorists, and medical payments. Ask your insurance provider what they offer in motorcycle insurance and compare them against several different companies to find the best price and insurance for you. Be sure to compare like with like in this area. Cheaper is not always better.

3/ Many insurance companies offer a discount on motorcycle insurance if you take an approved motorcycle safety course.

Ask if your company does. There may also be discounts if you purchase other insurance from them as I mentionned above. It never hurts to ask what kind of discounts that a particular insurance company offers, as it may just save you some money! The worst they can say is that they do not offer any discounts. In which case you are no worse off anyway.

A few things that come into consideration when you are getting a quote for motorcycle insurance are your age, riding experience, driving record, and details about your bike, such as value, power, age of bike, modifications, and where it is kept at night. Be honest about the questions that the insurance company asks you. If you do not tell the truth and something happens, then your claim can be denied later on down the road! So be careful. Be prudent. Tell the truth!

Motorcycle insurance is the easy way to protect your bike and yourself from any number of things that can happen in life. It can protect you from financial ruin if you have an accident and cause property damage or other damage. And it also covers you in the event that your bike is stolen or damaged.

So Don't be a Helmet Head! Get some Motorcycle Insurance sorted out TODAY!

Motorcycle Insurance Costs

When you buy a motorbike, it is mandatory for you to buy motorcycle insurance as per the government regulations. Since motorcycle is a risky vehicle, insurers tend to charge a higher premium for it. The type of motorcycle and its horsepower will greatly affect the insurance premium. The motorcycle with high horsepower will be charged a higher premium. So if you want a fast, sporty bike, you will have to spend more on the premium. But do not worry. We give you some useful tips on how to reduce your motorcycle insurance premium without compromising on the performance.

Will the type of motorcycle affect my insurance premium?

Before purchasing a motorcycle, you need to find out the cost incurred in getting it insured. The motorcycles with higher horsepower would attract a higher premium. But you should note that there is a minor difference between the horsepower and performance. Get insurance quotes before buying a motorcycle as there are lots of bikes that are not insured by the larger insurance companies. This will force you to use smaller insurers who offer below par services. Besides, they will not allow you to combine the motorcycle insurance with the other products, making the deal very expensive.

Will installing any accessories affect my premium?

Fitting your bike with high-end accessories like disc locks, alarms, and satellite tracking will significantly affect your premium. Hence it is advisable to check with the insurance company about the accessories and security that can increase and decrease your insurance premium. Buying a device costing a couple of hundred dollars will have a significant impact on your premium. Find out this information beforehand to let you negotiate with the dealer who can give you a good bargain.

What are the things I should ensure before opting for motorcycle insurance?

Get many insurance quotes from various insurers for the motorcycle you want to buy. Find out if installing security instruments and add-on accessories will impact your insurance premium. Check if it is possible to reduce the insurance cost if you park your motorcycle in an area under surveillance.

Insure Your Boat

Boating is a recreation enjoyed by many and most people purchase boats for other recreations such as fishing or just lounging around the lake on a hot summer day; however, the recreation of boating is not immediately fun and games. You must also take responsibility for your boat and protect yourself and others, by purchasing an insurance policy for your boat.

Insurance companies vary when it come to the kinds of coverage they offer with their difference types of insurance policies, whether you are purchasing an insurance policy for your car or your boat. Because of these variations, shopping for an insurance policy for anything can be a very confusing process. When it comes to boats, though, there are four basic coverage options you should consider when you start browsing and shopping for the different insurance policies available for your boat, regardless of the variations,

Look for an insurance company that offers you an insurance policy for your boat that –

• Covers property damages to your boat. Maybe your boat becomes vandalized and covered in graffiti. Maybe your mast gets struck by lightening. Make sure your boat’s insurance policy covers these repairs.

• Provides liability coverage in the event that your boat causes damage due to your negligent operation and/or ownership.

• Covers the medical costs of anyone injured on your boat, or because of your boat.

• Offers uninsured coverage in the even that you, your passengers, and/or your boat sustain damages from another boat that is not insured.

Remember, just because you use your boat for recreation and enjoyment does not mean that accidents will not happen. Whether your boat provides family recreation or a personal getaway, make sure to purchase an insurance policy for your boat that will cover all four of the above situations before you hit the water; that way, you can enjoy yourself knowing you and your boat are protected after you set sail.

Pilates Instructor Insurance

As a Pilates instructor, it is quiet likely for you to get hurt or get an injury. Imagine this while performing or demonstrating one of the Pilates exercise and trying to perfect it, you pull a muscle. This could be true too while helping a student and the student is hurt, he can sue you for the same. How do you protect yourself? Pilates Instructor Insurance pay up for medical bills and protects you from financial losses.

When you are working with an organization, which is owned by someone else, their insurance does not cover you and will not protect you. Most gyms, studios and schools require to have your own insurance.

For you to be eligible of /instructor insurance, it is important that you have completed a certified training program and must provide a copy of your training while applying for insurance. To facilitate and help the instructors completely to protect themselves, their business and even their family against any consequences, insurance companies cover and protect you at a competitive rate.

1. General Liability insurance: It protects you from financial loss. If a student is injured and sues you for negligence, if not insured with this policy, you will have to pay for losses from your own pocket. This insurance takes care of such loses occurred.

2. Personal injury liability insurance: Protects you against suits involving libel, slander or wrongful invasion of privacy.

3. Product liability insurance: Insures your apparatus. The aggregate limit is $ 100000.

4. Miscellaneous professional liability insurance: Protects against bodily injury arising out of rendering or failing to render professional services.

5. Sexual abuse liability insurance: The insurance cover in such cases per occurrence is $ 100000 and $ 300000 is aggregate limit.

6. Professional indemnity: It indemnifies the insured against claims for compensation for breach of professional duty because of any negligence by the way of act, error, omission or misstatement or misleading advice. This insurance is must for Pilates instructor.

Pilates instructor need to renew their insurance prior to expiry. The registration of the insurance should be current at all times to maintain the currency of your insurance. It is the responsibility of the individual to maintain their insurance cover and no company will accept responsibility for a claim made during a period for which there is o cover. It is the responsibility of the Pilates instructors to advice their insurance company of any change of address so that notices can be sent in a timely fashion.

As a Pilates instructor, a malpractice lawsuit could be put on you when you had least expected it. At that critical moment, your Pilates Instructor Insurance will be the most reassuring thing. In today’s litigious society, professional insurance has become essential element of the business liability insurance portfolio. Professional liability insurance has broadened to include coverage for a wide range of professionals and students practicing in the healthcare related arena including Pilates Instructor Insurance.

Insurance For Manufactured Home Styles

The personal insurance policies for manufactured homes will vary greatly because there are various styles of manufactured homes. Some manufactured homes are built with modular units that are already constructed in pieces and are put together on the lot to create a home on the property. People are able to obtain personal insurance homeowner's policies for these styles of manufactured housing with no problems at all.

Some people do not own the manufactured home they live in and for this dweller renter's insurance was invented. There are many condominiums's that have been converted to rental properties and are fully insured by the owner with a commercial rental property insurance policy. This type of coverage protects the buildings and some provide medical coverage to people injured on the property.

Other personal insurance policies were created to cover manufactured homes that were wheeled in under the power of another vehicle. The mobile styled homes are later positioned and anchored on a lot and the wheels are removed to create a living structure that is suitable for a family of four or more to live in. The insurance coverage required by the company who financed the home will require full insurance coverage to be in force at all times until the mobile home balance is paid off.

Finding personal insurance coverage for mobile homes is the hardest to find because some insurance companies do not think that they will last 30 years or more. This is the typical number of years that a mortgage loan would be extended to a homeowner if it was a home made with bricks or other sturdy materials and built from the ground up. Companies are willing to finance the mobile home loan for this lengthy period of time but do not provide adequate insurance coverage.

There is nothing personal about the insurance policies that some mobile home financing companies provide. Some mobile home owners view this type of coverage as forced insurance coverage because they must be insured because it is the law or because it is required by the company who holds the mortgage on the property. This is the type of insurance that a homeowner has no way of refusing and is forced to make payments each month because the rate is attached to the mortgage payment.

When personal insurance policies are not written for a certain geographical area by other insurance companies, then the mortgage holder gets insurance that will protect the financial investment in the property and nothing else is included. The rates for this type of insurance will be significantly higher than a yearly policy would be with a traditional insurance company and since no insurance writer will insure the mobile home unit and the contents within it a homeowner has no other option but to pay the absorbent price for insurance that will give nothing back in return.

The personal insurance policies have allowed homeowners to take back the sense of ownership in the mobile home they pay for each month. These are the companies that care and will earn more business for other personal insurance needs that a family has. The mortgagee can reap great savings on personal insurance policies for the entire family because one company spoke up and offered to ensure the mobile home which cost almost $45,000 dollars.