Getting tickets for speeding is not good for any driver. If you are a driver and you like driving fast, you will not only see yourself paying huge fines to speed regulatory authorities but you will also find out that insurance companies will slam you with high rates. The obvious reason for this is that you are classified as a high risk client and in a situation like this, your age does not count.
It does not matter whether you were in an accident or not, the police is always around with tickets for speed driving offenders. The number of tickets you get for over speeding is a very vital piece of information for auto insurance companies. These companies will note the tickets and use them to calculate your rates. The… Continue reading
Hopefully you will never be involved in a car accident, but the harsh truth is that hundreds of people are everyday. Even the best and most experienced drivers have found themselves in a fender bender.
In the incidence that you are involved in a collision, it is wise to know exactly what you need to do to ensure a smooth, problem-free claim procedure.
Immediately after the collision, try to stay calm and stop the car if it is not stopped already. If your vehicle is still drivable, stop it on the side of the road where it will not block other cars from passing along the road. The safety and well-being of your passengers and yourself is far more important than the value of the car. Check to make sure that no… Continue reading
Hard-hit motorists have been dealt a blow as a survey of underwriters reveals that 92 per cent expect an increase in car insurance premiums this year. So how can consumers keep their costs down?
According to the survey by Aon, insurers are attempting to make up for three or four years of offering competitive rates as well as coping with an increasingly tough economic environment and rises in the number of claims.
With car insurance premiums heading north, it would be easy for consumers to bury their heads and just accept that their costs are going to increase. However, that does not have to be the case.
Firstly, drivers should ensure they shop around whenever their renewal is due. Don’t accept what your existing insurer offers you - at least take the time… Continue reading
You may not think that the world’s longest running soap opera Coronation Street would have an important tale to tell about car insurance - but that is exactly what occurred in a recent episode.
As part of the storyline, the 18-year-old character Amber was seeking her first vehicle. Knowing that car insurance costs would be high, her father’s girlfriend Tara offered her the chance to drive her red VW Beetle while keeping the insurance policy in the 25-year-old’s name.
Certainly there could have been significant savings by taking this approach. Tara would currently pay between ?,000 and ?,000 a year depending on her claims history - however, if the policy was put in Amber’s name that cost would leap to more than ?,000. So, on the surface it seems leaving the car… Continue reading
You know with the faltering economy, we all want to save money where we can. But in the matter of automobiles and insurance, unfortunately, that is one place that you really can’t afford to just say to heck with it. Any automobile that is run legally on the roadways must have proof of insurance or be impounded and the driver losing their license for a specific amount of time. This can really be a bad deal for everyone involved. This can mean the loss of transportation vital to either job or school and the loss of driving privileges.
By having auto insurance, you are showing that you can be financially responsible for any types of damages that you do behind the wheel of a car. This proves that you are able… Continue reading