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Posts Tagged ‘B’

Consequence of Lying to Your Car Insurance Company

Friday, August 7th, 2009

Car insurance companies are very strict on their insurance packages and most times, they look at your details to be able to award you the necessary insurance. Therefore, it is not uncommon to find car insurance buyers looking for ways to falsify their details in the bid to reduce their premium price and get cheaper auto insurance quotes. In fact, research has shown that in the UK alone, over 10% of all drivers have lied at a point in time about their details or records while in the US, it is estimated at a whopping 27%. Details that are mostly lied about include the age and address of the driver. In some cases, drivers have been known to leave out speeding tickets, drunken driving records and bans on driving they may have received.

Sadly, many drivers seem to think this is the norm and therefore lie about all these when they are applying for an insurance policy. And this is further influenced by the thinking that the companies are mandated to pay and reward them. Most informed drivers know that falsifying your records is seen as fraud while the uninformed drivers think it is ok to lie about their records. The truth is insurance companies are beginning to catch up with this trend and are taking steps against the frequent occurrence of such acts. One of these steps is in the installation of software that will function as a lie detector and will compare all the different data for traces of irregularities. Besides this, insurance companies now have penalties that are meted out on culprits of this act. These include:

1. Cancellation of the Insurance Policy. All culprits will lose their rights to any form of insurance with the company of they are caught. This means that all the monies paid prior to that time will not be retrieved or paid back and the driver will forfeit all attendant benefits.

2. All Claims will be lost and denied. All drivers caught in the act of falsification will be denied all claims. During accidents, most drivers and car owners resort to the insurance company to offer some form of relief. Even if the claims are genuine, the insurance company will desist from making the required payment if it detects false information.

3. Blacklisting in all car insurance companies Depending on the severity of the false information, most insurance companies will willingly blacklist the driver thus making it really hard for him to drive his car.

4. May pay Fines If the driver is found guilty of severe falsification or under the insurance act, he would be required to pay the sum of one hundred thousand dollars and another two hundred thousand dollars if there are other offences discovered. 5. Jail Terms.

In Canada, all offenders could face up to ten years in prison and may be forced to pay a sum greater than five thousand dollars if found guilty. So whatever the case may be, it is in your best interest to tell the truth at all times.

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You Can Save Money On Your Car Insurance With These Tips

Wednesday, August 5th, 2009

It’s really very easy to change you into a savvy shopper, just take note of these car insurance pointers. You will be amazed by how simple, easy, and effective these strategies are at giving you the best deal. Heres some fail-safe ways to shave ten, twenty, or even hundreds of dollars off your car insurance policy.

First, drive cautiously. A person with even a few accidents or speeding tickets on their record will ultimately pay a much higher price for their car insurance policy than a driver with a clean record. Instead of shelling out your hard-earned money for insurance premiums, take care to obey all traffic regulations and keep your money in your own pocket.

Another is, take note of the numerous discounts you can receive from car insurance companies. To best avail of this deal, you need to be acquainted with what they offer. For example, you can include all of your vehicles in one policy to acquire a multiple vehicle discount.

Another is to insure your house and your vehicle in the same policy, so you can avail of a multiple line discount. It is also worth inquiring if companies give credit for good student card report, low mileage, airbag and anti-theft safety systems, age of car, and occupational and auto club discounts. The more discounts you accumulate, the more money you can save.

A few more car insurance tips: raise your deductibles if you can, if the price is right. Your deductible is how much you will have to pay up front in the event you have to file a claim before the insurance company steps in and helps with the costs. When you have a low deductible, for example you pay the first 250 dollars, your premium will be higher. If you had a higher deductible of 500 dollars, your premium will be lower.

In case you transfer to another residence, make it a point to seek out the best car insurance suitable for your new location. You can always stumble upon car insurance policies with better deals just right for your new residence. Auto insurance companies are like snowflakes-they all have the basic scheme of insuring their customers, but each has a unique way of implementing this. So if you are told that it does not matter which company you pick for insurance as long as you have it, do not believe them.

The best advice that you can get to save money on your insurance is to shop around. Don’t just pick the insurance with the cheapest premium, because the quote may not include the same coverage from one plan to the next. Instead, be sure you compare and contrast plans with similar coverages, deductibles, and limitations, so you know you’re really getting the best possible deal.

It may be helpful to check out comparison websites to assist you in gathering the information you need about different plans. Hopefully these car insurance tips are just what you need to start saving you and your loved ones money on your premiums today.

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Car Insurance Tips For Saving A Lot Of Cash

Wednesday, August 5th, 2009

With just a few car insurance tips, you could be on your way to saving money on your premiums. A lot of people gripe about how much they pay for car insurance, but the fact of the matter is, many of those same drivers aren’t getting everything they can out of their policies. If you know what your insurance company offers, you are more likely to get the best possible deal.

The easiest way to cut down on your insurance rates is to apply for every discount you are eligible of. After all, why pay full price for a product when you can get away with it? Car insurance works just the same.

There are different types of obtainable discounts. A good student who can show a promising report card can get a discount. A police officer or nurse or other professionals can avail of discounts because of their alliances. Further, a person who insures his house and car in the same policy may qualify for a discount.

Next, you may deliberate on ending your coverage. Now before you toss these car insurance guidelines out the window, think about it this way. A vehicle more than fifteen years old with a collision insurance on it may cost you much money you’ll later regret.

When your car gets in a collision, it will be deemed a complete loss. Rather than securing a collision coverage for an older car, simply discontinue this particular policy since you don’t need it. It’s better to evaluate your every vehicle coverage to be certain you aren’t over insuring them.

Another great way to lower your premium is to pay off your entire bill when you get it, rather than pay it monthly. While it may feel convenient to pay the bill this way, it is actually going to cost you more. If you pay a higher amount up front, you’ll reduce your bill and end up paying less in the long run.

Now you know, all you have to do to save money on your insurance is invest a little bit of your time to make sure you are taking advantage of all the discounts possible. Only pay what you need to on coverage and pay your complete bill when you get it to avoid extra fees. The money you will save yourself using these car insurance tips will really amount to a lot as the year goes on.

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Advantages of Driving a Hybrid Car

Thursday, July 30th, 2009

Driving a car is something that can be quite exhilarating, as it makes the person feel free, as if they can go anywhere that their hearts desire. With the unveiling of the new hybrid vehicles, there is an alternative means to get to a destination. These vehicles are some of the best for the money, while keeping things such as the environment and gas mileage in mind. They are many other advantages of driving a hybrid salvage cars, even over these huge ones that make many people convert; even if it’s just for the fact that they are cheaper when it comes to insurance.

The Environment The environment is something to take into account when purchasing a car in many people’s minds, as they are mindful of the depletion of the earth’s ‘greenhouse’ gases. By using clean energy of the electric motor, they emit less energy into the ozone layer. Not only is this better for the environment, the hybrid end up performing better gas mileage wise than the standard vehicle. They are also just as strong power wise as the traditional cars that run on fossil fuels with the advancement of technology in the field of hybrid cars.

The Technological and Monetary Benefits The hybrid cars, dubbed the car of the era’, is definitely one that is impressive. Not only do they perform just as well as the standard vehicle, they can really save people money. They get better mileage than your average car, with the implementation of electricity in their composition. With the Regenerative Braking technology, the batteries of these hybrid vehicles do not have to be charged by an external source. The hybrid car itself actually has tax benefits, which is something somewhat unheard of in the car industry, as governments implore people to make the switch over to protect our environment. On that note, there is also a nice buyer’s incentive provided to those who drive these green vehicles.

In the grand scheme, the hybrid vehicle is something that is amazing because of its overall good it can do for the environment and governments alike. Considering the dependency on fossil fuels and the rising gas prices, if everyone owned a hybrid vehicle the price of crude oil will fall, resulting in a world-wide sigh of relief for everyone dependant on it.

The future for the hybrid vehicle is a bright one, indeed. As the technology advances and the price of these vehicles lowers, a hybrid vehicle will soon be commonplace, and everyone will see the amazing advantages to driving a hybrid vehicle. With the incentives and specials that these cars have, one will find it amazing how people would consider ever driving a car that runs solely on fossil fuel alone. For those who are skeptical about the hybrid vehicle, after one drive of the vehicle they will see that there are hardly any differences between that and the standard vehicle. And if they are available to help out the environment and global economy, they are differently worth a shot.

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Most Common Variables Considered When Calculating Home Insurance Rates

Thursday, July 30th, 2009

Home insurance provides coverage for homeowners against the risk of loss that may occur from damage, fire or theft. Home insurance rates look at the probability that a loss will occur based on the claims experience of the insured, who is the homeowner.

Home insurance uses individual underwriting standards to assess risk. Risk is the potential for a reduction in value that may occur. When a number of these occurrences happen for a particular insured, the insurance company either raises the rate or drops coverage. It is the hope of the insurance company to not have to pay claims and employ assessment factors to understand better the likelihood that a homeowner is exposed to loss and rates it accordingly.

Certain factors beyond the individual homeowners claim experience include zip code ratings, type of home owned, whether any commercial activity takes place in the home, and the home’s overall value in comparison to similar homes within the area. These factors give the insurer the information needed to calculate the probability off loss and adjust rates accordingly.

Hazards are factors that can lead to a loss. There are three hazards, physical or tangible hazard, moral which is character and morale or indifference. For example homeowner A who buys home insurance policy for a home that is rented out to tenants will pay a higher rate than homeowner B buying home insurance on a similar home in which she resides. That is because homeowner A has a higher morale and physical hazard present in the home than homeowner B does. The tenants are not the owner and may not hold the same regard for the home as the homeowner does. This could lead to physical damage, deterioration or even theft.

A census or zip code assessment looks at the instances of crime and vandalism that occurs in a given area. Homeowners purchasing home insurance in high crime areas face higher premiums than homeowners who live in outlying suburbs. There is some controversy over this type of practice and was the basis of a group action lawsuit in Milwaukee in the late 1980s against American Family Insurance Company. The results of the suit led to changes in the underwriting practices in certain minority communities in the City of Milwaukee.

The likelihood that a loss occurs and the probability associated with it results in the rating factor. The rating factor may be set based on community experience or standards and may be reduced over time where individual claims experience results in better a rating.

All insurance provides an indemnity benefit to reimburse an individual for the value of their loss. An insured who believes that the purpose of insurance is to profit or get more than the fair market value of their property do not have the appropriate understanding of what insurance is for. Insurance is not for making a person rich but rather to keep them from becoming poor. To provide piece of mind risk ratings reflect experience, probability and the presence of other measurable variables that can be statistically tested.

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Auto Collision Repair Shop: We Fix It

Thursday, July 23rd, 2009

With so many pollutants and wasted products in the environment today we are seeing more and more companies provide “green” solutions. Many businesses have already gone with a “go green” campaign to help lessen their affects on the environment in a harmful way.

Also you want to be assured that you are getting quality workmanship done for your vehicle. Getting any form of paint work done to your car falls directly into what is mentioned above. You want to make sure that it comes out looking great and stays looking great!

First of all you should be familiar with what “green” means. Well to have a “green” products means that it causes little disruptions to the environment it how it is made. Using renewable or recycled materials makes it a little more greener. It also has to do with how many chemicals are released into the environment during the whole process involved in achieving the end result.

Simply put the saying “go green” means to become actively interested in environmental issues and support environmental causes. Since we live in our environment and it affects our lives many people, as they should, have become aware of the problems we inflict on our environment and are striving to make a difference in how we do things. We want our earth to be around and in a good state for our children and grandchildren.

Also you should check that they are using a high quality paint for your vehicle. It is important that you vehicle has a top quality paint since your paint is what acts as a protection for your cars metal body against rust and other environmental hazards. Also you want to make sure again that it is a seamless job and that it will not be too noticeable that you had paint work done.

Another way you can get a quote is to actually stop by auto body shops in your area. Actually going to the auto body shop is great because they physically see what work needs to be done and to what extent, which will lead to a more accurate estimate for you. Also you will be able to really get a feel for the auto body shop to see if it is a place you would like to conduct business with and if you think they will complete the best work for your vehicle.

So, since many people are looking for a “green” change for the environment many businesses are taking the opportunity to help out and “go green”. So, if you want to do your part you can choose to conduct business with those that are making the effort to reduce their affects on the environment in a harmful way. After all, we all want our children to be able to grow up on a great planet with less harmful emissions to the environment.

So, make sure you really check around and get the most qualified specialist and a great price as well. Oh yes, you should not be paying for all those quotes either!!!

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Auto Collision Repair Shop: Find A Good Auto Mechanic

Thursday, July 23rd, 2009

What’s the deal with the Auto Body Shops? Everyone might be asking themselves that question. It’s just a matter of knowing what things you should know before you get mad or happy with them. Your car is too important for you, and you should know how to save your money on some items before it’s too late.

Your car has sustained $1500.00 in damage; your insurance company pays you less a deductible. You schedule your vehicle to be repaired at your neighborhood auto body shop. Two days before you take in your vehicle, you get a nasty credit card bill.

There are many different services that can be performed on your vehicle as far as auto body repairs are concerned. Many auto body shops offer a variety of services that include paint touch up, paint less dent removal, bumper repair, wheel rim repair, windshield repair and much more.

You should start looking by asking around or dropping into local auto body repair shops in your area. Ask to see what kind of work they perform, how long it will take to complete the repairs, how much it will cost you to get the work completed, and the kind of process they use to repair vehicles, and anything else you feel is important to your specific needs.

That is the secured interest would try to collect, if the vehicle is repossessed seems like it is a lost cause. If the auto is 100% owned, than it does not matter what the owner does with the insurance payout.

One thing to check is how long the shop has been in business for. This is not a sole indicator, but if the shop has been in business for some time chances are they are reliable and should do a good job on your vehicle. Don’t choose a shop that has secured a bad name for their shop. Also, if you were to have any problems down the road you want to be sure that they will be around to uphold any warranty or guarantee that they will most likely give you.

The only way for a shop to keep absorbing blows like this from cash strapped consumers, is to take drastic cuts in what is owed to them, cut their estimate, or even eat the customer’s deductible, which is not even legal in some states. Why would a shop need to work to just keep the lights on, might be better to just close the doors. The insurance company pays the retail estimate, they by no means encourage the customer to cut deals with the shop, there objective is to put the customer back in there prior position. The repair decision ultimately lies on the finicky auto owner.

Even though quality is one of the biggest things you are looking for, you will want to get a good deal. Don’t just choose the first shop that you like. Look around at others and compare all aspects of them and then choose the one you feel is right for you and your vehicle.

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Auto Body Repair Shop: Don’t Worry About Your Accident

Thursday, July 23rd, 2009

When you have had the unfortunate event of being in a automotive collision, the last thing you need is to have a bad experience with an auto body shop not doing their job. A good auto body shop will fix your car back to pre-loss condition, both in appearance and in structural and mechanical integrity. A great auto body shop will almost make you feel like the accident never happened. They should start with customer service better then you get at a good restaurant.

When you buy a car, it may be the right type of car but you might not like the color. The color can mean a lot and even determine how you like the car. Perhaps you buy a car that has the perfect body but is pink. Therefore you will probably want to get the car painted.

I have been in this industry for over 25 years in the same area, I have worked in high quality auto body shops large and small, and have owned my own collision and custom shop in Portland Oregon for the last 8 years. In my area there are hundreds of auto body repair shops in a very small area, yet I only know a few I would trust with my vehicles. So for the most part you have to be as informed as you can, and ask a lot of questions.

I am going to give you some information about the industry that will hopefully help to make that informed decision a little easier. First, do not let your insurance company tell you where to have your vehicle repaired, in most cases they have contracts with the shop to save them money in exchange for sending them your vehicle. in this case the insurance company saves money, the shop gets the work but has to cut corners to keep the cost down for the insurance company. And you, the one that pays the insurance company all those inflated premiums, and pays the body shop your deductible gets a substandard repair. The insurance company may say “if you don’t take the job to our repair shop we can’t guaranty the work”, the fact is any and all good auto body shops guaranty their work for as long as you own your car, if they don’t, go somewhere else.

Next thing to do is be sure to question the person who is estimating your damage, smaller shop owners will usually take care of you personally, and in most cases, actually be involved in the repair process. In most of the larger or chain shops the person writing the estimate on how to fix your vehicle is a salesperson, usually having absolutely no experience repairing cars, not to say that the techs working at that shop wont fix your car correctly, but they may just not feel like rewriting the estimate the way it should of been written to begin with.

Step 2: Find out if there is anyone at a post higher than the manager. If yes, get an appointment fixed with the higher authorities of that auto body shop. Speak to them directly if possible; otherwise just send them an e-mail explaining your problems. If this solution also does not work, try the next step.

Ask if the body shop is on any insurance programs or direct repair programs, if they are ask why? the only reason I know why a auto body shop would agree to be on a program would be to get work that they could not get on their own. Again this does not mean just because they have a direct repair program they are not a great shop, but if they have 20 then I would be a little concerned? Ask them to explain.

Many car owners will buy an old car that runs great but has a bad paint job and structural damage. Within a few weeks of getting that car, they could be driving it down the road and no one would suspect it was rusted and severely dented thanks to the hard work of companies that do body work and paint jobs for cars in the Los Angeles area. There really is no better way to make your car look new again.

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Auto Collision Repair Shop: Lifetime Guarantee

Thursday, July 23rd, 2009

One of the very first things you should think about when choosing a Collision shop is, “How much experience does the shop have?” It’s not enough to know how many years a shop has been in business, but it’s a good place to start. You should also take into account the extreme climate here in Monroe County, and the extra experience required to deal with the damage road salt can cause.

Make sure you ask the manager, and then follow up with “How much experience do your technicians have?” That’s the really important question, because you want to know that the folks who will actually be working on your car or truck, repairing the sheet metal, straightening the frame, and painting the body panels really know what they are doing. Experience, as they say, truly is the best teacher.

Even today though, work done by technicians has changed by technology. If you look above, there will be vacuum lines connected to sanders and grinders; these are to pull any dirt and dust away from this area of the shop. It is amazing how clean these areas are kept.

Once the metal work has been completed, the next stage is the paint prep area, normally in this area dust extraction systems are used to remove any dust that occurs during sanding and paint primer spraying. Body shops use infrared light systems in this area to cure paint primer quickly. These lights usually speed up the drying time, allowing the primer to cure in 20 minutes rather than 24 hours; therefore, your car is ready to go a lot quicker.

You could also ask to speak with one or two of the technicians, and ask them straight out what kind of a facility they work for. Either way, ask questions to determine technician satisfaction.

The most important thing at this later stage is that the vehicle gets finished in a paint booth that is clean and dust free. This outweighs a dirty booth of a fantastic design.

This is when maybe you should ask to see any finished vehicles in the body shop to check the painters work before leaving your vehicle and any money is spent. The things to look for are, smooth finishes that have very few dust specs and ensure the colors match from one panel to another. These are evidence of a quality paint spray done by a professional.

How long has the shop been open? How much experience do the technicians have? How satisfied are the techs? Hopefully, asking these three questions will help you feel more confident and comfortable the next time the unavoidable happens, and you are faced with the need to choose the very best collision repair facility

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Affordable Auto Insurance, Not A Mirage, Yet Far From Reality

Sunday, July 19th, 2009

This best summarizes the facts about affordable auto insurance. A lot of people think that they can get affordable auto insurance policy easily, and while this may be true, some underlying factors influence the final outcome. The key for you is to understand each of these factors to see if you qualify for a discount auto insurance plan. Remember, before you get quotes for these plans, you need to supply some information.

Needless to say, the fact that an affordable auto insurance plan could be offered to you would be sensitive to the inputs you provide. Now, that does not mean you should tamper with the inputs just for you to get discount auto insurance. Insurance companies have a stringent check mechanism, and your application for a discount auto insurance might as well get rejected, if it is found you have tampered with the information you have provided.

Worse still, some insurance companies may even offer you discount auto insurance plans. Everything may seem to go smooth for people, and when something unforeseen happens, you would rush to the company to file your claims. This is when things turn sour on the affordable auto insurance policy. You might see that the company either delays the settling of claims inordinately, or worse still, even reject the claim outright.

About 40% of people who apply for affordable auto insurance coverage do not know that their claims can get rejected if the inputs provided by them are misrepresented. Unknowing of this fact, people apply for discount auto insurance, only to find that their request has been denied.

Once you provide inputs to the best of your knowledge, it is on the discretion of the insurance company to give you a affordable auto insurance plan. Remember, insurance companies play it safe by automating the entire exercise online, so you can be sure there would be no bias at all. Importantly, what you need to judge for yourself is if the affordable auto insurance policy is really affordable for you or not. Understanding whether the discount auto insurance policy still meets your financial standings is important for you to decide!

Simply put, a combination of having a good driving history and the place where you stay in are considered the best bets for you to get an affordable auto insurance plan. Though, you cannot do much to influence the place you stay in to get a discount auto insurance, but you can definitely keep a watch on your driving record. If it is good enough, you will surely get a affordable auto insurance policy.

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