Archive for the ‘Car Insurance’ Category
Car Insurance Leads – Are They Worth the Money?
Wednesday, August 18th, 2010Car Insurance Fraud Protection
Friday, July 30th, 2010Facing a car insurance fraud even if you’re the victim always means that you’ll still have to pay more insurance deductible. Your rates will go up due to an expensive claim. So learning about insurance fraud protection is a must to make you prepared for illegal insurance scams that may harm you and your finances.
Fraud users have gained a very big market enriched with opportunities with the development of automobiles and car insurance. Many organized crime groups and individuals are utilizing the flaws of today’s sophisticated insurance system for their own interest, making you vulnerable to their activities. However, there are certain measures you can take in order to minimize the chance of becoming an insurance fraud victim.
First, you have to learn what insurance fraud is all about and the schemes that are usually utilized. The range of schemes is very wide; it can be a connivance of many people to testify your fault or a set-up accident having a car intentionally stopping in front of you to cause a collision.
Learning the most common types of insurance fraud is actually the best way to be protected against such things. Here are some of the most widely used schemes of fraud to be on the lookout for:
ADDITIONAL DAMAGE: Whether intentionally or not, the scam driver leaves the accident site and causes additional damage to the car to claim that it was caused during the accident. This claim can raise auto insurance coverage in his or her favor making you pay more in your deductible.
INTENTIONAL ACCIDENTS: A scam driver receives car damage coverage money and sometimes medical cost coverage in rear-end accidents. This happens if they suddenly hit the brake of their scam car in front of your car in traffic to avoid collision.
FAKE HELPERS: Sometimes this could be directing to doctors, repair shops, or lawyers charging you much more than the typical charges. Another scenario is when fraud hunters let you into the traffic at first, then head in to make a collision with you claiming that they never let you be in the first place. This could already be a fender-bender but still charging you more in your premium and earning them a few dollars with less effort.
Always pay attention for things like these not to happen. Always be on the lookout for traffic participants who may be analyzing or following your driving style. Always keep a safe distance in front of you to give room for emergency stop. In case of accidents, make sure to tape or shoot all the damages and record all the information regarding the other car and people in it. These pieces of information could be very helpful when you deal with your and their auto insurance company. They can serve as proof of fraud if it’s really the case. http://www.247AutoInsuranceQuotes.Com
Import Car Insurance
Sunday, July 11th, 2010Import car insurance
Imported cars are increasingly popular in the UK. This is because very often they have higher specification levels and performance than cars purchased in the UK, and can be much cheaper too. Plus there are the bragging rights that accompany having an unusual car on the road!
The problem for insurers is that imported cars are an unknown quantity. Insurers often cannot check, through the usual channels, what risks are involved in insuring an imported car. For example, unlike mass-produced and widely available cars, insurers don’t know what safety and security testing has been done on an imported vehicle, or how easy is it to obtain parts and specialist labour for crash repairs. For this reason, imported car insurance premiums can be prohibitively high.
The first thing to do when looking for import car insurance is to shop around. This is standard advice when looking for any type of insurance, but it’s doubly true of imported cars! You should look for a niche insurer that specialises in imported cars, and who knows and understand all the varying factors and risks involved. And get detailed quotes from all so you can compare what’s on offer.
You will need to know whether your car is considered a parallel import; that is one built and sold to European specifications, or a ‘grey’ import; one that comes from outside the EU, such as from the USA or Japan. Ask lots of questions and give as much information as you can about your car. Bear in mind that things such as acceleration and top-speed will drive your premium up; but other modifications, such as enhanced security, might lower your costs. Be totally honest! Otherwise you may have trouble if you need to make a with claim in the future.
There are other ways to keep your policy price low. If you keep your car for special occasions, or drive it infrequently, then explore a low- or limited-mileage policy. Insurers know that the less you drive a car, the less likely it is to be involved in an accident.
Joining an owners club has its benefits too. Some owners clubs have links with specialist insurers. Even if they don’t, membership of such a club demonstrates pride in your vehicle, which for an insurer translates into a better quality of care. This could help lower your premium.
If you can, keep your car in a garage at night, or on an off-street driveway. Imported cars are rare and therefore more desirable to thieves. Insurers will look positively upon owners protecting their car from street damage or theft. If you can’t park your car off-road, then consider fitting some additional security devices. A Thatcham approved security system will go a long way to convincing an insurer that your car is safe.