Cheap Life Insurance Rates Online

By Johnny PerkinsYou need to be well informed about this because some insurance companies that make monetary losses from some claims end up shifting that burden to the consumer. You must look for an affordable indemnity cover that will allow you to save some money. Requesting indemnity quotes by filling simple online indemnity questionnaires that are provided by different indemnity companies; you

Cheap Life Insurance Rates Online

By Johnny PerkinsYou need to be well informed about this because some insurance companies that make monetary losses from some claims end up shifting that burden to the consumer. You must look for an affordable indemnity cover that will allow you to save some money. Requesting indemnity quotes by filling simple online indemnity questionnaires that are provided by different indemnity companies; you

Cheap Life Insurance Rates Online

By Johnny PerkinsYou need to be well informed about this because some insurance companies that make monetary losses from some claims end up shifting that burden to the consumer. You must look for an affordable indemnity cover that will allow you to save some money. Requesting indemnity quotes by filling simple online indemnity questionnaires that are provided by different indemnity companies; you

5 Things Never to Say to your Insurers

A great article that is worth a look.......

5 Things Never to Say to Your Insurers
by Ismat Sarah Mangla Tuesday, November 3, 2009


Some words are red flags to insurers and using them could mean that your claim might be delayed or even denied.
1. "I Think ..."
Never begin a statement regarding a claim with these words. If you aren't sure, don't guess. What you say could cause your claim to be delayed or denied, says attorney Vedica Puri. And if you're wrong -- say, you report driving at 30 miles per hour before an accident but police later prove you were going 50 -- it could hurt your credibility.
More from CNNMoney.com: • The Most Expensive Colleges • Health Test for Insurance Coverage• What to Do With $50,000 Right Now
Particularly beware of speculating on blame or causation. For example, if you suggest that a water leak is due to a construction defect, you could give the insurer an out if that's a policy exclusion.
Stick to the facts. Should the insurance rep ask you a question you can't answer, simply say, "I don't know." If the person is taking a written or recorded statement, ask for a transcript to review for misstatements.
2. "I Got Whiplash"
Fraud costs auto insurers up to $6.8 billion a year, reports the Insurance Research Council. And suing for damages caused by whiplash is a fraudster favorite ("Oh, my neck!"). Merely mentioning the term is likely to get your claim flagged for further investigation, says Amy Danise of Insure.com.
Whiplash is a specific diagnosis. If a doctor says that you have it, then you should report it as such. Other wise, if you feel neck pain, just refer to it that way.
More from Yahoo! Finance: • Most and Least Expensive Cars to Insure• Online Med Sales: Not What the Doc Ordered?• 15 Safest 2009 Vehicles
Visit the Insurance Center
3. "It's an Experimental Treatment"
Truly experimental or investigational medical procedures are typically not eligible for health insurance coverage. So if a doctor tells you he wants to experiment with a treatment, don't represent it using those words. "In medical terms it may not actually be experimental or investigational," explains Danise. "If it's proven effective, your doctor deems it medically necessary, and it's not an exclusion, it should be covered." Verify with your doctor that it meets the above litmus tests before going to the insurer.
4. "My Basement Flooded"
With homeowners insurance, "flood" is a red flag. "The word refers to an act of weather or an overflow from a nearby body of water," says Danise. "And a standard homeowners policy doesn't cover it. You'd need flood insurance."
So don't use the f-word if your basement is knee-deep in water because of a burst pipe. Damages from such an incident should be covered by a homeowners policy. But calling it a "flood" could muddy the waters, so to speak.
5. "Just Send Me a Check"
When filing a home or auto claim, don't emphasize that you're just looking for the cash.
"If you were to say, 'I don't care about the roof leak, I just need the money,' that admission could slow things to a halt," says Puri. Technically, you're supposed to use the payout to make the repair for which you filed. While it's true that most insurance companies aren't going to check up on you, you'll certainly raise the fraud unit's suspicions if you imply that you won't. And then you might lose out on the money altogether.
Copyrighted, CNNMoney. All

Insurance with a Risk Retention Group

In the current market conditions alot of businesses specifically franchise owners are typically insured with a risk retention group that the franchisor recommends or has a relationship with.
A great example would be Servpro Fire Restoration Services. Most franchise owners beleive that they must insure with the carrier or in most cases the risk retention group provided to them by the franchisor.
The truth of the matter is that it is completely false. A franchise owner can insure their business with any carrier they feel offers the best coverage and premiums. Now Franchisors can and do require certain requirement are met for insurance purposes, but with a trained insurance professional, those requirements can be met at the same time offering the person paying the premiums a huge savings.
On Average Servpro Franchisees that move there pollution coverage from the risk retention group save on average $2,000 dollars per year. As a small business that is a huge savings.
So if you a small business owner in a risk retention group and you think you have no options available, speak with a insurance professional to have piece of mind and a few extra bucks in your pocket.
For Additional information visit http://www.myservproinsurance.com/ or

How to Compare and Find Insurance Rates Online For Free

By Brandon Frazier

Shopping for insurance in this case has been made easy, knowing too well that insurance is almost a requirement that many classes of people cannot do without, especially motorists. As such, if you find yourself pressed against time in a hard way, and you have not time to call insurance providers, relax, as you can do this from the comfort of your home. If you have an internet

How to Compare and Find Insurance Rates Online For Free

By Brandon Frazier

Shopping for insurance in this case has been made easy, knowing too well that insurance is almost a requirement that many classes of people cannot do without, especially motorists. As such, if you find yourself pressed against time in a hard way, and you have not time to call insurance providers, relax, as you can do this from the comfort of your home. If you have an internet

How to Compare and Find Insurance Rates Online For Free

By Brandon Frazier

Shopping for insurance in this case has been made easy, knowing too well that insurance is almost a requirement that many classes of people cannot do without, especially motorists. As such, if you find yourself pressed against time in a hard way, and you have not time to call insurance providers, relax, as you can do this from the comfort of your home. If you have an internet

Cashing Your Hurricane Insurance Settlement Check

by Carl LoopNow, you are wondering if that sum you received was enough to pay for repairs to your damaged real (Structure) property or lost personal items (Contents).First, you need to understand whether or not the check(s) you received from your Insurance Company, was that their "final" offer, or was it just an "advance" on your total property insurance settlement. Very often, that is the case

Cashing Your Hurricane Insurance Settlement Check

by Carl LoopNow, you are wondering if that sum you received was enough to pay for repairs to your damaged real (Structure) property or lost personal items (Contents).First, you need to understand whether or not the check(s) you received from your Insurance Company, was that their "final" offer, or was it just an "advance" on your total property insurance settlement. Very often, that is the case

Cashing Your Hurricane Insurance Settlement Check

by Carl LoopNow, you are wondering if that sum you received was enough to pay for repairs to your damaged real (Structure) property or lost personal items (Contents).First, you need to understand whether or not the check(s) you received from your Insurance Company, was that their "final" offer, or was it just an "advance" on your total property insurance settlement. Very often, that is the case

Get Cheap Car Insurance Rates

By Craig RealtonChances are that if you are over 25 years of age you can get a pretty good discount on your car insurance. Auto insurance companies tend to give discounts to drivers over the age of 25 because they see them as more mature because of their experience behind the wheel.However the best age group that gets excellent rates on auto insurance are senior citizens. Auto insurance

Get Cheap Car Insurance Rates

By Craig RealtonChances are that if you are over 25 years of age you can get a pretty good discount on your car insurance. Auto insurance companies tend to give discounts to drivers over the age of 25 because they see them as more mature because of their experience behind the wheel.However the best age group that gets excellent rates on auto insurance are senior citizens. Auto insurance

Get Cheap Car Insurance Rates

By Craig RealtonChances are that if you are over 25 years of age you can get a pretty good discount on your car insurance. Auto insurance companies tend to give discounts to drivers over the age of 25 because they see them as more mature because of their experience behind the wheel.However the best age group that gets excellent rates on auto insurance are senior citizens. Auto insurance

Three Ways to Reduce the Cost of Young Driver Insurance

By: Brian BannonWhen you are looking for cheaper car insurance, you will notice that the price for the same policy can be much more expensive if the person being covered is a teenager or a young driver under 25. Insurance companies find that younger drivers lack of inexperience behind the wheel, based on data collected over the years, causes accidents.Because of these factors, teenage drivers are

Three Ways to Reduce the Cost of Young Driver Insurance

By: Brian BannonWhen you are looking for cheaper car insurance, you will notice that the price for the same policy can be much more expensive if the person being covered is a teenager or a young driver under 25. Insurance companies find that younger drivers lack of inexperience behind the wheel, based on data collected over the years, causes accidents.Because of these factors, teenage drivers are

Three Ways to Reduce the Cost of Young Driver Insurance

By: Brian BannonWhen you are looking for cheaper car insurance, you will notice that the price for the same policy can be much more expensive if the person being covered is a teenager or a young driver under 25. Insurance companies find that younger drivers lack of inexperience behind the wheel, based on data collected over the years, causes accidents.Because of these factors, teenage drivers are

Buying Life Insurance Tips

Life insurance serves as a protection if the insured dies. For example, if I was insured by an insurance product and die tomorrow, then the insurance companies will provide insurance money to people who I left behind.The purpose is to take life insurance to cover the potential loss of income. If I as the backbone of the family died, the family I leave behind will lose sources of income. If I

Buying Life Insurance Tips

Life insurance serves as a protection if the insured dies. For example, if I was insured by an insurance product and die tomorrow, then the insurance companies will provide insurance money to people who I left behind.The purpose is to take life insurance to cover the potential loss of income. If I as the backbone of the family died, the family I leave behind will lose sources of income. If I

Buying Life Insurance Tips

Life insurance serves as a protection if the insured dies. For example, if I was insured by an insurance product and die tomorrow, then the insurance companies will provide insurance money to people who I left behind.The purpose is to take life insurance to cover the potential loss of income. If I as the backbone of the family died, the family I leave behind will lose sources of income. If I

Dangers of Cancelling a Policy

In many states when it comes to renew your tags on your vehicle you will not be able to do so without providing proof of insurance. So if your policy has been cancelled you're now going to be attempting to drive around without insurance and a plate that has expired.Not a good combination and depending on the state you may even face more serious problems. That's why when you seek out insurance;

Dangers of Cancelling a Policy

In many states when it comes to renew your tags on your vehicle you will not be able to do so without providing proof of insurance. So if your policy has been cancelled you're now going to be attempting to drive around without insurance and a plate that has expired.Not a good combination and depending on the state you may even face more serious problems. That's why when you seek out insurance;

Dangers of Cancelling a Policy

In many states when it comes to renew your tags on your vehicle you will not be able to do so without providing proof of insurance. So if your policy has been cancelled you're now going to be attempting to drive around without insurance and a plate that has expired.Not a good combination and depending on the state you may even face more serious problems. That's why when you seek out insurance;

Insurance Finance

You can do research online and that will give you an array of options from what they cover and at what rate. After you have gone through the options, you can easily narrow down the alternatives that you feel are close to what you are looking for since you will have an estimate of how much you will need. While you are making arrangements to make payments for your insurance the financial aspect of

Insurance Finance

You can do research online and that will give you an array of options from what they cover and at what rate. After you have gone through the options, you can easily narrow down the alternatives that you feel are close to what you are looking for since you will have an estimate of how much you will need. While you are making arrangements to make payments for your insurance the financial aspect of

Insurance Finance

You can do research online and that will give you an array of options from what they cover and at what rate. After you have gone through the options, you can easily narrow down the alternatives that you feel are close to what you are looking for since you will have an estimate of how much you will need. While you are making arrangements to make payments for your insurance the financial aspect of

Life Insurance is the ultimate Love Letter!!!

Click on the picture above to watch this real life story regarding life insurance

THE TARA NEWBY STORY

If you come across a young guy and he tells you he doesn't beleive in life insurance, have him watch this youtube video of a real LIFE story of a Farmers Client!




Join Farmers Life® as we celebrate a century of protecting American dreams. Share the stories that inspire our passion, the rich traditions of our past, and our vision for the future.Life Insurance provides families with money in times of need -- our passion is about meeting our customers' needs. Through our agents and employees, we help our customers save homes from foreclosure, fund college educations, keep family businesses in the family, and ensure secure retirement incomes.For more information about Farmers®, ask your Farmers agent Gino Clemente http://www.clementeinsurance.com/ or gclemente@farmersagent.com

The Biggest Savings for Personal Insurance

Did you know that one of the largest and most popular discounts for personal insurance is the auto and home discount.


Insurance companies give a huge discount on both home and auto insurance policies when they are insured together. How much could you save? Well I have helped Clients save hundred's of dollars per year with this discount. Your coverage and protection is the same, the only difference is savings about 20% on your insurance.


I am amazed about how many people have their auto and home insurance with different companies. Do you think they take my advise and combine their coverages and save?

Here is my question to them. If you have been with an agent or company for any amount of time and they are not advising you of this discount why would you stay with them?


Being an advisor means offering clients what is in their best interest, not what is in the best interest of the agent or company. Some agents are just order takers and do not ask the right questions to offer their clients the best value for their insurance dollars.


I recently came across a client who was with two seperate insurance companies for about 5 years, no time did either agent or service personal advise the client that he could save with the auto - home discount. He was unaware of the discount until he met with me for a free no-obligation review. We found that he could save about $500 per year by combining his auto and home policies. Do you think he was happy with either of those other companies who were costing him $500 extra for 5 years? He lost $2,500 from not having a personal agent working on his side.


When I meet with clients who purchased their insurance online or by calling an 800# and do not have a personal agent to assist them, they are not always getting the lower better savings that they expect from cutting out the "middle man"



If you are not happy with your current insurance portfolio or the premiums you are paying we are always available for a free no-obligation consultation.

for more information visit http://www.insuranceintheoc.com/ or http://www.clementeinsurance.com/

How You Can Save Money on Insurance-and Still Get the Coverage You Need

By:Kenali dan Kunjungi Objek Wisata di PandeglangBefore You Buy Another Insurance Policy Read this Book!Without proper insurance health, auto, homeowners, life, disability, or long-term care—an unexpected event can quickly derail your financial plans and put your life savings at risk.Insurance is an essential part of financial planning, but many people are paying hundreds – sometimes thousands --

How You Can Save Money on Insurance-and Still Get the Coverage You Need

By:Kenali dan Kunjungi Objek Wisata di PandeglangBefore You Buy Another Insurance Policy Read this Book!Without proper insurance health, auto, homeowners, life, disability, or long-term care—an unexpected event can quickly derail your financial plans and put your life savings at risk.Insurance is an essential part of financial planning, but many people are paying hundreds – sometimes thousands --

How You Can Save Money on Insurance-and Still Get the Coverage You Need

By:Kenali dan Kunjungi Objek Wisata di PandeglangBefore You Buy Another Insurance Policy Read this Book!Without proper insurance health, auto, homeowners, life, disability, or long-term care—an unexpected event can quickly derail your financial plans and put your life savings at risk.Insurance is an essential part of financial planning, but many people are paying hundreds – sometimes thousands --

Choosing Insurance Tips

HEALTH is the most important thing in life. Therefore, people take a variety of ways to maintain and health care. Even people looking for health insurance to support and ensure their health. Moreover, the cost of care and treatment of disease increasingly soar.With the health insurance program means you have shifted the risk to other parties. Risk transferred to it, you have to pay a premium

Choosing Insurance Tips

HEALTH is the most important thing in life. Therefore, people take a variety of ways to maintain and health care. Even people looking for health insurance to support and ensure their health. Moreover, the cost of care and treatment of disease increasingly soar.With the health insurance program means you have shifted the risk to other parties. Risk transferred to it, you have to pay a premium

Choosing Insurance Tips

HEALTH is the most important thing in life. Therefore, people take a variety of ways to maintain and health care. Even people looking for health insurance to support and ensure their health. Moreover, the cost of care and treatment of disease increasingly soar.With the health insurance program means you have shifted the risk to other parties. Risk transferred to it, you have to pay a premium

Citra Insurance

Public opinion against an insurance is strongly influenced by how the insurance companies, which offer products and services the insurance company to the public. One of the most influential parameters insurance company's image is the process of claims filed by participants of insurance to insurance companies.When the claims process went well and smoothly, insurance participants will have a good

Citra Insurance

Public opinion against an insurance is strongly influenced by how the insurance companies, which offer products and services the insurance company to the public. One of the most influential parameters insurance company's image is the process of claims filed by participants of insurance to insurance companies.When the claims process went well and smoothly, insurance participants will have a good

Citra Insurance

Public opinion against an insurance is strongly influenced by how the insurance companies, which offer products and services the insurance company to the public. One of the most influential parameters insurance company's image is the process of claims filed by participants of insurance to insurance companies.When the claims process went well and smoothly, insurance participants will have a good

Medical Insurance - An Integrated Claims Process Approach

The fourth edition of Medical Insurance: An Integrated Claims Process Approach is designed for medical insurance courses. The textbook provides medical assisting, medical insurance, and health information technology students with the knowledge and skills needed to successfully perform insurance and billing related duties.Medical Insurance - The chapters’ organization follows the medical billing

Medical Insurance - An Integrated Claims Process Approach

The fourth edition of Medical Insurance: An Integrated Claims Process Approach is designed for medical insurance courses. The textbook provides medical assisting, medical insurance, and health information technology students with the knowledge and skills needed to successfully perform insurance and billing related duties.Medical Insurance - The chapters’ organization follows the medical billing

Medical Insurance - An Integrated Claims Process Approach

The fourth edition of Medical Insurance: An Integrated Claims Process Approach is designed for medical insurance courses. The textbook provides medical assisting, medical insurance, and health information technology students with the knowledge and skills needed to successfully perform insurance and billing related duties.Medical Insurance - The chapters’ organization follows the medical billing

How to Buy Car Insurance Online Using a Comparison Quotes Website

When you go online to buy insurance the best place to start is an all inclusive comparison site. These sites search all the top companies and present you with four or five of your best quotes based on the information you have provided. These sites are becoming more popular since they allow you to find a quote, compare the price and the coverage with other companies.You have a car, it gets you

How to Buy Car Insurance Online Using a Comparison Quotes Website

When you go online to buy insurance the best place to start is an all inclusive comparison site. These sites search all the top companies and present you with four or five of your best quotes based on the information you have provided. These sites are becoming more popular since they allow you to find a quote, compare the price and the coverage with other companies.You have a car, it gets you

How to Buy Car Insurance Online Using a Comparison Quotes Website

When you go online to buy insurance the best place to start is an all inclusive comparison site. These sites search all the top companies and present you with four or five of your best quotes based on the information you have provided. These sites are becoming more popular since they allow you to find a quote, compare the price and the coverage with other companies.You have a car, it gets you

Car Insurance is Different

If you have a business and you have employees you are going to need the driving record of every employee who drives your business car or cars. This is not being intrusive it is to protect you as the business owner. You must not allow any employee who has a bad driving record to drive your company's vehicles. It is highly likely that your business car insurance company will not permit such a

Car Insurance is Different

If you have a business and you have employees you are going to need the driving record of every employee who drives your business car or cars. This is not being intrusive it is to protect you as the business owner. You must not allow any employee who has a bad driving record to drive your company's vehicles. It is highly likely that your business car insurance company will not permit such a

Car Insurance is Different

If you have a business and you have employees you are going to need the driving record of every employee who drives your business car or cars. This is not being intrusive it is to protect you as the business owner. You must not allow any employee who has a bad driving record to drive your company's vehicles. It is highly likely that your business car insurance company will not permit such a

Best Performance Car Insurance Costs

Car Insurance Costs - If you drive a best performance car you are going to need best performance car insurance. This is an actual category and it would make sense to look into this kind of insurance before you actually buy a best performance car. Insurance is definitely going to be more expensive for this category of car. The reason for this is because these cars are more costly to repair when

Best Performance Car Insurance Costs

Car Insurance Costs - If you drive a best performance car you are going to need best performance car insurance. This is an actual category and it would make sense to look into this kind of insurance before you actually buy a best performance car. Insurance is definitely going to be more expensive for this category of car. The reason for this is because these cars are more costly to repair when

Best Performance Car Insurance Costs

Car Insurance Costs - If you drive a best performance car you are going to need best performance car insurance. This is an actual category and it would make sense to look into this kind of insurance before you actually buy a best performance car. Insurance is definitely going to be more expensive for this category of car. The reason for this is because these cars are more costly to repair when

A Guide to Insurance Agency Success

Are you working too many hours for too few clients? Does it seem that you do more paperwork than peoplework? Will you spend more hours on the road than in front of people this year?Whether your agency is big or small, if you answered yes to any of those quesitons, you need more than an andrenaline boost! You need a shot of strategies to wake things up and put you on the path to success fast.How

A Guide to Insurance Agency Success

Are you working too many hours for too few clients? Does it seem that you do more paperwork than peoplework? Will you spend more hours on the road than in front of people this year?Whether your agency is big or small, if you answered yes to any of those quesitons, you need more than an andrenaline boost! You need a shot of strategies to wake things up and put you on the path to success fast.How

A Guide to Insurance Agency Success

Are you working too many hours for too few clients? Does it seem that you do more paperwork than peoplework? Will you spend more hours on the road than in front of people this year?Whether your agency is big or small, if you answered yes to any of those quesitons, you need more than an andrenaline boost! You need a shot of strategies to wake things up and put you on the path to success fast.How

The Insurance Business - Industry Leaders on Managing Risks, Ensuring Investments, and Protecting Assets

Inside the Minds: The Insurance Business is an authoritative, insider’s perspective on the ins and outs of this dynamic industry and the future of the business, on a global scale. Featuring Chairmen, Presidents, and CEOs, representing some of the top insurance companies across the nation, this book provides a broad, yet comprehensive overview of the current state and future shape of the

The Insurance Business - Industry Leaders on Managing Risks, Ensuring Investments, and Protecting Assets

Inside the Minds: The Insurance Business is an authoritative, insider’s perspective on the ins and outs of this dynamic industry and the future of the business, on a global scale. Featuring Chairmen, Presidents, and CEOs, representing some of the top insurance companies across the nation, this book provides a broad, yet comprehensive overview of the current state and future shape of the

The Insurance Business - Industry Leaders on Managing Risks, Ensuring Investments, and Protecting Assets

Inside the Minds: The Insurance Business is an authoritative, insider’s perspective on the ins and outs of this dynamic industry and the future of the business, on a global scale. Featuring Chairmen, Presidents, and CEOs, representing some of the top insurance companies across the nation, this book provides a broad, yet comprehensive overview of the current state and future shape of the

Introduction to Risk Management and Insurance

This book focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction.Specific chapter topics include insurance Regulation and contracts, basic property and liability insurance contracts,

Introduction to Risk Management and Insurance

This book focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction.Specific chapter topics include insurance Regulation and contracts, basic property and liability insurance contracts,

Introduction to Risk Management and Insurance

This book focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction.Specific chapter topics include insurance Regulation and contracts, basic property and liability insurance contracts,

10 Steps to Success: A Commonsense Guide to Building a Successful Insurance Business

Advanced praise for 10 Steps to Success — “…outstanding, insightful and very timely for the newer agent. It also serves as a reminder to the veteran agent as well. Your ideas are easily understood and should be accepted by those who read the book. This should help many!”—David Carter, sales director, Midland East American Family Insurance GroupLearn how to be a successful insurance agent with the

10 Steps to Success: A Commonsense Guide to Building a Successful Insurance Business

Advanced praise for 10 Steps to Success — “…outstanding, insightful and very timely for the newer agent. It also serves as a reminder to the veteran agent as well. Your ideas are easily understood and should be accepted by those who read the book. This should help many!”—David Carter, sales director, Midland East American Family Insurance GroupLearn how to be a successful insurance agent with the

10 Steps to Success: A Commonsense Guide to Building a Successful Insurance Business

Advanced praise for 10 Steps to Success — “…outstanding, insightful and very timely for the newer agent. It also serves as a reminder to the veteran agent as well. Your ideas are easily understood and should be accepted by those who read the book. This should help many!”—David Carter, sales director, Midland East American Family Insurance GroupLearn how to be a successful insurance agent with the

Insuring Savings With A Simple Checklist

Insurance needs change with age and circumstance, yet few people take the time to review their insurance needs and find savings to fatten their monthly budget. It is, though, one of the easiest ways to cut living expenses and save money. On the bright side, it takes just a phone call to switch policies, get a new quote, or change the terms of an existing policy. Here are a few things to check every year, to determine if you can save money on your insurance bills.

* Get new quotes – Every year, it pays to look around and see what other companies are offering for their insurance policies and costs. Just shopping around can save hundreds.

* Bundle your insurance needs – If you have your car with a company that also offers homeowners insurance, it can save you money on both, typically a 10% discount.

* Check your deductibles – If you can stand to have higher deductibles, it will lower your insurance premium.

* Opt out of term life insurance – Once your kids are no longer dependent on you for support, you can cancel your term life insurance policies. Otherwise, you should carry about seven times your income on term life insurance to take care of your kids in case you die.

* Go with a group – Are you a member of a group that offers special discounts on life insurance? Check them out. Members of the AARP, teachers, student body alumnae, retired, or military personnel all can find group discounts for being a member of any of these groups.

* Remove extras you don't need – If you already have towing benefits with AAA, there's no need to carry towing insurance through another provider too. Collision insurance is only good to carry for cars that are less than 10 years old, otherwise, it's the same as replacing the old car out-of-pocket (about $1000).

* Pay yearly or semi-yearly – You can save another 5 to 10% of the policy simply by paying ahead of time, instead of monthly. A few extra dollars a month to process the loan on a monthly basis may seem like little, but it can add up to 10% by the end of the year.

Emergency Medical Insurance For New Canadian Immigrants

As for Ontario, Quebec, BC, New Brunswick you also have to buy Canadian Private Medical Insurance Plan for the first 90 days in Canada. The name of the plan is Visitors to Canada Single Trip Medical Insurance.You should choose the coverage amount (varys from $25,000 to $200,000). I suggest you to buy as much as you can to avoid unreasonable financial risk. If you want to decrease the cost , you can increase deductible amount. Good luck and welcome to Canada.

Top 111 Insurance Twitter Users You Should Follow

1. @timjennion : Insurance Consultant to the stars, Former Golf Professional and jolly nice chap!

2. @medicalneeds : Why is insurance such an important aspect of health care? How Does Insurance help to cover the expenses? What’s the best way to anticipate medical needs?

3. @larsonllc : Insurance and Financial Services Specialist, love to help and meet new people...

4. @RealEstate__ : Real Estate Networking Community

5. @BillBateman1 : Insurance wholesaler - Dad - husband - Networker - Internet wanna be

6. @agentbuilder : We are the leader in Helping insurance agents significantly grow their book of business,

7. @ChuckRoberson : 1. Dad. 2.Online Health Insurance Agent. For a Health & Life Insurance Quote please visit http://A1insurance.mynetquotes.com Thank You

8. @nadeemd : An entrepreneur who happens 2 be in insurance biz. Certified Twitter & FB addict. Love photography, country music & Travel. Die hard Jim Rohn fan.

9. @ciricillo : Business Strategy, Development Services, Right-Size and Change Management Consulting, Interim Executive Fulfillment

10. @ka8lhi : Learning to become a Virtual Bankruptcy Assistant.

11. @Mallikarjunan : Co-Founder and Chief Marketing Officer of American Health, LLC. Changing the way people view health & insurance. Safeguard Your Health!

12. @STATEFARM_SUCKS : This info is for CONSUMERS ONLY. If you are a State Farm Employee, please do not follow me. Thanks! Angela

13. @leereed : Passionate about helping seniors finish strong.

14. @PreferredHealth : As a professional insurance agent. I can offer my valuable expertise in the health insurance industry.

15. @AnnuityMaven : Annuity Marketing Specialist,Fixed Annuities, Building Relationships with Financial Planners and Insurance Agents.Need help?

16. @GoDominique : Financial Consultant, Tax Strategist, Marketing Consultant, and CEO of Ms Nique Enterprises

17. @MichaelFry : Christian,beautiful wife,3 great kids! Retirement-Ins. Planner-helping people protect & grow their money(even in these crazy times)helping SpecialNeeds fami

18. @rickjmiv : Marketing/social media, strategist, adviser, presenter, facilitator for insurance industry. Travel backroads of US in our RV with wife JoAnne and dog Sandy.

19. @simplybusiness : Business tips, guides, quotes, and links to other useful stuff we like. We also sell business insurance.

20. @MattWalkerAus : Self employed Finance Broker. I have been in the Finance Industry for the past 27 years. If you have any Finance needs just ask

21. @Jeff_Johnson : Risk management professional, property and casualty insurance broker, golfer who likes to run siberian huskies in the desert

22. @Craigoldham : dad, marketer and enthused about tech

23. @krisbergmann : An employee benefits agent with a wide array of interests including insurance, wellness, entrepreneurship, personality, and tech

24. @InsWeb : Anything and everything insurance from the editors at InsWeb.com--news, research, tips and more.

25. @Slavsky : Hi, I'm Slava Hreski, owner of Slavsky Insurance and Mortgage and 800-insurance.com. I save people' money on insurance and mortgage in California. FHA Approved.

26. @AngieFisher : WAHM providing healthcare alternatives to the uninsured~putting health and families first!

27. @lowratesearch : I'm the founder of LowRateSearch.com. I help people find low rates and make make informed choices about loans, credit, debt, insurance, and travel. I work hard.

28. @carsomething : http://www.carsomething.com/

29. @davidsthompson : Guaranteed Health Insurance, HIPAA Compliant.

30. @insuresuite : I'm a marketer learning the new ways to use social marketing...

31. @laurabennett : entrepreneur, mother of 2, pet insurance actuary, CEO and co-founder of Embrace Pet Insurance

32. @RainbowGroup : We supply the cheapest loans, insurance and mortgages as well as the latest financial news.

33. @PaulTTran : Wealth/Business Advisor - Private Equity Franchise Developer - Had successful pop singing career until the karaoke machine broke - And I care about people a lot

34. @LoriWidmer : Phenomenal writing talent - itty bitty twitting space. Risk Management, Insurance writing geek.

35. @DarrenTMH : Active in UK Financial Services, tweeting about insurance, credit and debt issues mainly but also some tech and marketing stuff

36. @robinkemp : Entrepreneur x's 2, Life/Health/Disability/LTC/Voluntary Benefits specialist, Wife, Mom

37. @MohamadHafeez : Want to share everything that i learn from this beautiful world, Big vision with big passion to success!

38. @lperroots : http://www.perroots.com/

39. @autoclaim : Looking to help consumers stand up for their rights in car accidents, bodily injury claims, settling their total losses, and more. Hector Quiroga.

40. @SteveTN : Insurance Technology Guru, Husband, Father of 2, Hobby Chef and Private Pilot.

41. @pamos_19 : Creativity Enthusiast and Innovation Advocate

42. @Viaticals : Full service life settlement and viatical settlement company providing services to senior policyholders, financial professionals, and the terminally ill.

43. @marciahansen : Marcia is a marketing manager at Allstate responsible for social media strategy and project management. She also tweets @allstate

44. @fbd_ie : Brendan from FBD Insurance - for all your car, home, business and farm cover.

45. @InsureMe_ : InsureMe is a free service that helps people find the most competitive insurance rates available.

46. @pilot_insurance : Aviation enthusiast. Financial Adviser (Aviation Insurance Specialist). PERSONAL INSURANCE SOLUTIONS for Airline Pilots. My own thoughts, not those of QANTAS.

47. @jmsacman : Insurance professional exploring social media outlets, small biz, yelper, catholic youth minister, choir member

48. @GanisConsulting : We Specialize in Consulting, Acquisitions Brokering and Operations Training for Independent Insurance Agencies throughout the US.

49. @CenturyFinance : Dad - Huband - Insurance Man - serial entrepreneur - recruiter for God

50. @merlebowers : Christian, Husband, Father, Teacher, Eagle Scout, Scout Leader, Conservative, Insurance(pest control, pharmacy and arch/engrs), Pro-Business, Student of life.

51. @BadFaithClaim : Help And Information - For When GOOD FAITH Is IGNORED By Your Home / Property Insurance Company And You Are Offered ONLY BAD FAITH! - http://bit.ly/bfblog

52. @Tm_clark : Giving out insurance advice, fitness enthusiast, free spirit.

53. @EatonCompliance : Eaton Compliance Solutions, Inc. We provide insurance product filing, producer/entity licensing, regulatory tracking consulting services.

54. @AIGHawaii : AIG Hawaii has been here for over 50 years. We are committed to supporting and sustaining our community and we invite you to participate, too.

55. @NibbyP : Technology Savy, Independent Insurance Agent, Athletic, Bicyclist, Dolly Parton groupie, iPhone User, pianist, organist, hymnology, Christ follower- Loving Life

56. @halbeatty : Ontario Insurance Broker, CEO Blue Sky Financial Group, CA and Alpaca Farmer

57. @bupamedical : World Class Medical Insurance Specialist | Health Advisor | Claims Specialist

58. @royamura : Insurance coverage & fraud lawyer, blogger, linguaphile, and wannabe professional angler

59. @ShannonHarvey : Helping families protect their automobiles and homes in Greenville, SC.

60. @JaneBondInsAgcy : All Surety Bonds | Event Insurance

61. @thechrisjordan : Host of Atlanta Insurance Live, Entrepreneur, Husband, Father (soon!), and Auburn Tiger. Looking to connect with like-minded folks. Thanks for stoppin' by!

62. @hmriskgroup : International Insurance Broker, Blogger, Marketing Addict, Violinist and Rebel!

63. @siegelagency : Insurance & Risk Management for Social Service & Nonprofits: Headstart, Home Healthcare, Behavioral Health, Developmental Disabilities. 800.622.8272

64. @blueskyprez : Ontario Insurance Brokerage hoping to provide helpful advice and assistance. How can we help?

65. @acyva : Affordable, top-quality international insurance for expatriates, digital nomads, globe trotters and more. Travelling along with you to keep you safe + happy.

66. @Barhorst_Insura : Experienced insurance services for our clients in the greater Houston area and throughout Texas with 29 locations

67. @ACORD_Forms : Online ACORD Forms

68. @RiskMgmt : Editor of Risk Management magazine

69. @KFSA : Insurance * Risk Management * Corporate Services

70. @JoeNeedsDental : Dental benefits fanatic, non-profit employee, overall tech and design geek that likes helping folks.

71. @Coverzones : We're an impartial price comparison site for business insurance. We let SMEs, sole traders and tradesmen find, buy and manage the best value policies online.

72. @insurancecvg : Corporate insurance coverage and recovery information

73. @obobME : Part-time bike commuting, dog-loving, RSN card-carrying, tuition-poor husband, dad, Mac fan, neighborhood inactivist and insurance guy.

74. @incomeprotect : Assisting professionals in securing disability policies, licensed in 50 states and DC. Represents top companies and is a preferred broker with several of them.

75. @Insurancedude : Husband, dad, insurance agent, baseball fan, tech geek. Also see @thdf for Torian Insurance account.

76. @PDXAllstater : Sales leader@Allstate. We're always recruiting for entrepreneurial individuals to represent our company as Allstate Exclusive Agents & Personal Financial R

77. @alasdairt : Digital PR fellow at Diffusion. Cricket and piano devotee. Guilty smoker.

78. @ISABrokers : Insurance Services of America is the nationwide independent leader of short-term health, international health, global life and travel insurance.

79. @MikeStromsoe : Always Thinking Bigger Than One Thought Possible.Our Total Protection Team Protects Families and Businesses So They Do Not Lose Everything They Work So Hard For

80. @Penteco : PENTECO-family-owned, full-service Financial Planning and Insurance firm. Auto, Home, Business,Travel, Life, Annuities & More!

81. @Arrebaba : I'm provide sufficient great articles information about Insurance and Home Equity Loan.

82. @AlbanyInsurance : NYS licensed insurance broker specializing in business and property owner insurance programs.

83. @FBAdvantage : Matt Smith of Virginia Farm Bureau Insurance.

84. @jasonarmishaw : Connecting people, building friendships and helping young families and business owners protect and insure their future!

85. @AAACarolinas : Official Twitter account of AAA Carolinas - serving the Carolinas since 1922

86. @InsuranceJobs : InsuranceJobsBoard.com, Founder General Insurance, Life, pension, investment ,IFA , FS, banking jobs

87. @BenefitsOntario : Ontario's Benefit Plans and Travel Insurance Experts! 1-866-856-6799

88. @khclarkson : People, knowledge, leadership, listening, team building and understanding, that's what I strive to do.

89. @NJ_Insurance : Premier Provider of car, home, business insurance in New Jersey.

90. @SafeAuto : Official SafeAuto twitter page

91. @BlueMartin : 发起中国第一家互联网寿险公司。Trying to start the first internet life insurance company in China.help me

92. @IVANSinc : Provider of specialized consulting, network and software solutions to accelerate property-casualty insurance, healthcare, Medicare and retail data communication

93. @HillsdaleSam : Obsessed Advocate of defensive financial strategies. Long Term Care Insurance specialist. Dad. Little League manager. Follower of Jesus. Frequently distracted.

94. @1stplacemployer : PEO Brokerage offering a broad range of administrative services. Taking the burden off your shoulders and let you concentrate on what is most important: growing

95. @TravelersIE : Irish subsidiary of Travelers Insurance Company (NYSE:TRV).

96. @kevinlacroix : Kevin is an attorney and a partner is OakBridge Insurance Services, an insurance intermediary focused on management liability insurance.

97. @jenij7 : ME!! It's about me and whatever I want. I'm a Farmers Agent with JP Kesselring's Agency. I want to work with small businesses and non-profit organizations.

98. @goinsurancerate

99. @pksproperty : Mortgages, insurance, debt solutions, overseas property plus lots more. See our website.

100. @DavidWorsfold : Financial journalist now in editorial management at Incisive Media. I have a blog about politics and financial services

101. @insurance_news : V Insure - Your online resource for Insurance Industry News and Insurance Related Blogs.

102. @ohwalkerins : Est. in 1962, we are a family owned & operated Independent Ins. Agency in Charlotte. Call us at 704.814.4343 for all your Insurance needs!

103.@larsoninsurance : insurance agent you can trust

104. @insurance : Insurance Talk

105. @TrinityIns : Hi, I'm Ron Bohning a Licensed Health Ins Broker - Use my no hassle website to compare rates instantly and save! Outside CO & OH use http://tinyurl.com/hlthins

106. @CheapCarInsure : Lowest Car Insurance Rates.. Come see..Quotes are Free.

107. @CheapAutoInsure : Make your day. Great Part time job earning $125 today

108. @Insurancebiz : We Run Our Own Insurance Franchise. Finally A Way To Help People And Make Money At The Same Time. Win/Win Only Here! Join Us Today And Reap The Rewards.

109. @StateFarmIns : State Farm helps people manage the risks of everyday life, recover from the unexpected & realize their dreams, through our many insurance & bank services.

110. @SGVAutoIns : Online auto insurance quotes. Save money by comparing quotes from top leading companies! We want to help you save on your auto insurance.

111. @insurancemavs1 : We are the fastest-growing marketing EDUCATORS in the financial services industry! Helping Insurance Agents and Advisors create endless streams of leads.

Contractor General Liability Insurance

In Today's enviroment, it is more important then ever to make sure your contractor is insured. Did you know that there is no law requiring contractor to have General Liability Insurance?
They are required to have a bond, but no insurance.

What if something goes wrong with their work?
What if their is a defect?
What if you do not notice the defect for many years?

Not all General Liability policies are the same. Some that are very inexpensive have a "sunset clause" in them, which means that after typically 3 years there is no coverage.

The next time you use a contractor, ask them for proof of insurance and better yet, call the certificate issuer to verify it is still vaild.

We are a full service insurance agency offering Contractor General Liability policies with down payments as low as $200 with an A rated, Admitted Carrier.

Visit www.insuranceintheoc.com for more information

Customers Save $269 that switch their Auto Insurance

How many auto insurance commercials do you see that claim to save you so much money if you switch your insurance to them? AAA, Geico and Progessive to name a few use this tatic all the time. Funny thing is some of them even refer to the other companies in their commercial which basic means that if you switch to AAA from Geico you will save $XXX and if you switch from AAA to Geico you will save $XXX. How is that logically possible you ask? Well it isn't! The secret with these commercials is the company claiming to save you so much money is taking the highest filed rates from the other company as a comparsion.

The truth is that if you have a trusted advise assisting you with your insurance porfolio, you should already be getting a great value. Yes you can always find someone "cheaper" however it is the service, claim process and coverages that will be what you give up. You might not know it now, but you sure will when you need to file a claim or need assistance.

Visit me at www.insuranceintheoc.com for more information

Everything You Need To Know About Budget Car Insurance

In my previous post about how to get the cheapest car insurance quote, today with this post I'd to introduce you an interesting article from articlesbase.com with the title "Everything You Need To Know About Budget Car Insurance". Please continue reading the article below:

Author: Alien

For rich people the cost of car insurance doesn’t matter but budget car insurance is considered to be attractive and essential. Although it can be seen that many car insurance companies are offering budget car insurance but in reality it’s very difficult to find one. A car insurance comparison website can be used to compare insurance coverage provided by different companies. It just requires your little time and effort to find the best deal.

Avoid buying number of insurance and you’ll see that your monthly expenditure will automatically get reduced. The insurance offered by many companies include three types of cover: third party (TP), third party fire and theft (TPF&T) and fully comprehensive (FC).

TP insurance provides cover to the claimer when third party may have suffered cost or injury as a result of an accident. According to law, in most countries, every car owner must have this insurance. This insurance does not cover for the damaged vehicle.

TPF&T insurance covers the third party against the risks involved in case of theft of the vehicle or damage by fire plus the above mentioned risk.

FC cover will cover third party against everything mentioned above plus in case of damage to vehicles such as bodyworks, dents, etc.

Cost can also be reduced by selecting a lower cover but take into account the risk factors associated with it.

If the customer agrees to reduce some of its requirement then some insurance companies may offer car insurance at low price. Almost every insurance policies carry what’s called excess. Excess is the amount that you pay in order to hold the insurance policy. A company may offer cover at low price if the policy holder accepts to have a higher level of excess in comparison to what is set by the insurer.

It is always better to look for a policy that offers flexibility. The reason for this is there are some parts of vehicle which are more prone to get damage than other parts .For example wheels, windows and roof areas. Some policies may exclude these, some may include them and some may offer cost reduction on these parts.

So the final conclusion is that always compare insurance policy offered by different companies. Though, it is a common practice that the insurance provider will provide you with full coverage plan as start point.

.

About the Author:

Get answer to all of your auto insurance questions and obtain free car insurance quotes online.

Article Source: ArticlesBase.com - Everything You Need To Know About Budget Car Insurance

Three ideas on how to get the Cheapest Car Insurance Quote

In my previous post about Car Insurance, today, with this post please find out with me more about how to get the cheapest car insurance.

If you have a car, the big deal is that you need your car to be insured with a cheapest insurance quote.

In general, the price of your car insurance quote depends on various factors like, cost of the car, ownership of the car, security features available in the car and the type of insurance cover required by the car owner.

So, How to get the cheapest quote on your car insurance?

The following points are just 3 ideas related to how to get the cheapest car insurance quote:

1. Security features:

You can get the cheapest car insurance if you are the only owner and driver of your car or if your car has some security features. This gives a sense of security to the insurance company that your car is safe and is less likely to be stolen or met with an accident.

2. Car insurance companies:

Nowadays, there are a number of car insurance companies available in the market that claim to offer the cheapest car insurance. Doing comparison of the insurance prices between the companies is the best choice to get the cheapest insurance.

3. Insurance broker:

If you want to get the cheapest car insurance, the best way is to take the services of a car insurance broker. They can help you get the car insurance as per your needs and budget, also they will ensure that you get the maximum coverage in case of any loss to your car. This is possible because the car insurance broker is able to compare different car insurance deals available in the market.

They are not enticed by the cheapest car insurance offers of other insurance companies. Rather, they will go in detail about the terms and conditions of the cheap insurance. With the help of their adequate knowledge, they are able to advise you which type of car insurance cover is right for you. Depending on that, you can decide whether you should go for the Third Party car insurance, the Third Party Fire and Theft or the Fully Comprehensive car insurance.

If you have more ideas about the way to get the cheapest car insurance, please leave your comment below, thanks!

Car Insurance

Do you have a car?

If the answer is "YES", that means you really want your car to be insured. Well, Car Insurance, also known as Auto Insurance, Vehicle Insurance or Motor Insurance, is a kind of Insurance purchased by consumers for cars, trucks, and other vehicles that consumers owned. With Car Insurance, it's primary use is to ensure or to provide protection against losses incurred as a result of traffic accidents, theft, fire damage and against liability that could be incurred in an accident and many other factors.

Now, please take a look at some countries like:

- United States: In the United States, Auto Insurance covering liability for injuries and property damage done to others is compulsory in most states, though enforcement of the requirement varies from state to state. The state of New Hampshire, for example, does not require motorists to carry liability insurance (the ballpark model), while in Virginia residents must pay the state a $500 annual fee per vehicle if they choose not to buy liability insurance.

- United Kingdom: The minimum level of insurance cover commonly available and which satisfies the requirement of the act is called third party only insurance. The level of cover provided by Third party only insurance is basic but does exceed the requirements of the act. The act requires that motorists either be insured, have a security, or have made a specified deposit ( £500,000 as of 1991) with the Accountant General of the Supreme Court, against their liability for injuries to others (including passengers) and for damage to other persons' property resulting from use of a vehicle on a public road or in other public places.

- Canada: Basic auto insurance is mandatory throughout Canada with each province's government determining which benefits are included as minimum required auto insurance coverage and which benefits are options available for those seeking additional coverage. Accident benefits coverage is mandatory everywhere except for Newfoundland and Labrador.

Why The Consumers need to buy Insurance Premium?

Well, depending on the jurisdiction, the insurance premium can be either mandated by the government or determined by the insurance company in accordance to a framework of regulations set by the government. Often, the insurer will have more freedom to set the price on physical damage coverages than on mandatory liability coverages. When the premium is not mandated by the government, it is usually derived from the calculations of an actuary based on statistical data. The premium can vary depending on many factors that are believed to have an impact on the expected cost of future claims including the car characteristics, the coverage selected ( deductible, limit, covered perils), the profile of the driver ( age, gender, driving history) and the usage of the car (commute to work or not, predicted annual distance driven).

What are the Types of coverage of car insurance?

Car Insurance can include coverage like:

• Liability insurance

• Collision coverage

• Comprehensive coverage

• Uninsured/Underinsured

• Loss of Use coverage

• Car towing coverage

• The insured party coverage

• The insured vehicle coverage

•Third parties (car and people) coverage

Where to buy Car Insurance?

There are lots of car insurance companies around the world. Some of them are:

• GEICO Car Insurance:Go to www.geico.com

• ICICI Lombard Car Insurance: www.icicilombard.com

• Churchill: www.churchill.com

• Amica Insurance: www.amica.com

• PEMCO Insurance: www.pemco.com

And many other companies...

About Credit Insurance

CREDIT INSURANCE

Credit insurance is a term used to describe both trade credit insurance and credit life insurance.

Credit life insurance is a consumer purchase, often sold with a big ticket purchase such as an automobile. The insurance will pay off the loan balance in the event of the death or the disability of the borrower. Although purchased by the consumer/borrower, the benefit payment goes to the company financing the purchase to satisfy a debt.

Credit insurance or trade credit insurance (also known as business credit insurance) is an insurance policy and risk management product that covers the payment risk resulting from the delivery of goods or services. Credit insurance usually covers a portfolio of buyers and pays an agreed percentage of an invoice or receivable that remains unpaid as a result of protracted default, insolvency or bankruptcy. Trade credit insurance is purchased by business entities to insure their accounts receivable from loss due to the insolvency of the debtors. This product is not available to private individuals.

Credit insurance insures the payment risk of companies, not of private individuals. Policy holders require a credit limit on each of their buyers for the sales to that buyer to be insured. The premium rate is usually low and reflects the average credit risk of the insured portfolio of buyers.

In addition, credit insurance can also cover single transactions or trade with only one buyer.

About Liability insurance

LIABILITY INSURANCE?

Liability insurance is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril, formed a group and created a self-help fund out of which to pay compensation should any member incur loss. The modern system relies on dedicated carriers to offer protection against specified perils in consideration of a premium. Liability insurance is designed to offer specific protection against third party claims, i.e., payment is not typically made to the insured, but rather to someone suffering loss who is not a party to the insurance contract. In general, damage caused intentionally and contractual liability are not covered under liability insurance policies. When a claim is made, the insurance carrier has the right to defend the insured. The legal costs of a defense are not always affected by any policy limits, which is useful because they can be significant where long trials are held to determine either fault or the amount of damages.

Liability insurance is a very broad superset that covers legal claims against the insured. Many types of insurance include an aspect of liability coverage. For example, a homeowner's insurance policy will normally include liability coverage which protects the insured in the event of a claim brought by someone who slips and falls on the property; automobile insurance also includes an aspect of liability insurance that indemnifies against the harm that a crashing car can cause to others' lives, health, or property. The protection offered by a liability insurance policy is twofold: a legal defense in the event of a lawsuit commenced against the policyholder and indemnification (payment on behalf of the insured) with respect to a settlement or court verdict. Liability policies typically cover only the negligence of the insured, and will not apply to results of wilful or intentional acts by the insured.

About Property Insurance

PROPERTY INSURANCE???

As you know your home, your apartment, your business's building , accounts-receivable records, furniture, machinery, inventory, supplies and even intangible assets such as trademarks, when they are damaged, theft or loss occurs, they need insurance, so property insurance is covered on those things. 

While Life insurance refers to a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. 

Property insurance also provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main ways - open perils and named perils. Open perils cover all the causes of loss not specifically excluded in the policy. Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism and war. Named perils require the actual cause of loss to be listed in the policy for insurance to be provided. The more common named perils include such damage-causing events as fire, lightning, explosion and theft. 

Life insurance

After my previous post about casualty insurance, today I want to show you about what Life insurance is.

Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals or in lump sums. There may be designs in some countries where bills and death expenses plus catering for after funeral expenses should be included in Policy Premium. In the United States, the predominant form simply specifies a lump sum to be paid on the insured's demise.

As with most insurance policies, life insurance is a contract between the insurer and the policy owner whereby a benefit is paid to the designated beneficiaries if an insured event occurs which is covered by the policy.

The value for the policyholder is derived, not from an actual claim event, rather it is the value derived from the 'peace of mind' experienced by the policyholder, due to the negating of adverse financial consequences caused by the death of the Life Assured.

To be a life policy the insured event must be based upon the lives of the people named in the policy.

Insured events that may be covered include:

Serious illness

Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; for example claims relating to suicide, fraud, war, riot and civil commotion.

Life-based contracts tend to fall into two major categories:

Protection policies - designed to provide a benefit in the event of specified event, typically a lump sum payment. A common form of this design is term insurance.

Investment policies - where the main objective is to facilitate the growth of capital by regular or single premiums. Common forms (in the US anyway) are whole life, universal life and variable life policies.

Casualty insurance

Casualty insurance is a problematically defined term loosely used to describe an area of insurance not particularly or directly concerned with life insurance, health insurance, or property insurance. It is sometimes equated to liability insurance, and is mainly used to describe the liability coverage of an individual or organization's for negligent acts or omissions. However, the "elastic" term has also been used to describe property insurance for aviation insurance, boiler and machinery insurance, and glass and crime insurance. It may include marine insurance for shipwrecks or losses at sea or fidelity and surety insurance. It may also include earthquake, political risk insurance, terrorism insurance, fidelity and surety bonds.

Disability insurance

After the previous post about Health Insurance, Today, I would like to introduce to you about Disability Insurance.

Disability insurance, often called disability income insurance, is a form of insurance that insures the beneficiary's earned income against the risk that disability will make working (and therefore earning) impossible.
Disability insurance policies provide financial support in the event the policyholder is unable to work because of disabling illness or injury. It provides monthly support to help pay such obligations as mortgages and credit cards.

Disability overhead insurance allows business owners to cover the overhead expenses of their business while they are unable to work. Business overhead expense (BOE) disability insurance pays the insured’s business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits. It is designed for businesses that rely on a small number of people (or one person) to produce revenue.

Total permanent disability insurance provides benefits when a person is permanently disabled and can no longer work in their profession, often taken as an adjunct to life insurance.Total Permanent Disability (TPD) is a phrase used in the insurance industry and in law. Generally speaking, it means that because of a sickness or injury, a person is unable to work in their own or any occupation for which they are suited by training, education, or experience. An individual or group of individuals can insure themselves against it through a disability insurance policy, as part of a life insurance package or through worker's compensation insurance.

Workers' compensation insurance replaces all or part of a worker's wages lost and accompanying medical expenses incurred because of a job-related injury. Workers compensation (colloquially known as workers' comp in North America or compo in Australia) is a form of insurance that provides compensation medical care for employees who are injured in the course of employment, in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.

Health insurance

The term health insurance is generally used to describe a form of insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program, or from private insurance companies. It may be purchased on a group basis (e.g., by a firm to cover its employees) or purchased by individual consumers. In each case, the covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses. Similar benefits paying for medical expenses may also be provided through social welfare programs funded by the government.

By estimating the overall risk of healthcare expenses, a routine finance structure (such as a monthly premium or annual tax) can be developed, ensuring that money is available to pay for the healthcare benefits specified in the insurance agreement. The benefit is administered by a central organization, most often either a government agency or a private or not-for-profit entity operating a health plan.

A health insurance policy is a contract between an insurance company and an individual or his sponsor (e.g. an employer). The contract can be renewable annually or monthly. The type and amount of health care costs that will be covered by the health insurance company are specified in advance, in the member contract or "Evidence of Coverage" booklet. The individual insurered person's obligations may take several forms.

Home Insurance (More)

Home insurance, also commonly called hazard insurance or homeowners insurance (often abbreviated in the real estate industry as HOI), is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home. It requires that at least one of the named insured occupies the home. The dwelling policy (DP) is similar, but used for residences which don't qualify for various reasons, such as vacancy/non-occupancy, seasonal/secondary residence, or age. It is a multiple line insurance, meaning that it includes both property and liability coverage, with an indivisible premium, meaning that a single premium is paid for all risks. Standard forms divide coverage into several categories, and the coverage provided is typically a percentage of Coverage A, which is coverage for the main dwelling.

The cost of homeowners insurance often depends on what it would cost to replace the house and which additional riders—additional items to be insured—are attached to the policy. The insurance policy itself is a lengthy contract, and names what will and what will not be paid in the case of various events. Typically, claims due to earthquakes, floods, "Acts of God", or war (whose definition typically includes a nuclear explosion from any source) are excluded. Special insurance can be purchased for these possibilities, including flood insurance and earthquake insurance. Insurance must be updated to the present and existing value at whatever inflation up or down, and an appraisal paid by the insurance company will be added on to the policy premium. Fire insurance will require a special premium charge, plus the addition of smoke detectors and on site fire suppression systems to qualify.

The home insurance policy is usually a term contract—a contract that is in effect for a fixed period of time. The payment the insured makes to the insurer is called the premium. The insured must pay the insurer the premium each term. Most insurers charge a lower premium if it appears less likely the home will be damaged or destroyed: for example, if the house is situated next to a fire station, if the house is equipped with fire sprinklers and fire alarms. Perpetual insurance, which is a type of home insurance without a fixed term, can also be obtained in certain areas.

In the United States, most home buyers borrow money in the form of a mortgage loan, and the mortgage lender always requires that the buyer purchase homeowners insurance as a condition of the loan, in order to protect the bank if the home were to be destroyed. Anyone with an insurable interest in the property should be listed on the policy. In some cases the mortgagee will waive the need for the mortgagor to carry homeowner's insurance if the value of the land exceeds the amount of the mortgage balance. In a case like this even the total destruction of any buildings would not affect the ability of the lender to be able to foreclose and recover the full amount of the loan.

Keeping, Dropping or Changing Your Comprehensive or Collision Coverage

Managing the cost of your insurance car insurance northern ireland, for example) can be as simple as answering a few simple questions. Here's a short discussion that will walk you through the process of deciding to keep, drop or to change (different deductible) your comprehensive and/or collision coverages in your car insurance policy. First we need to do a very short 'inventory.'
TAKING YOUR FINANCIAL PICTURE -

Insurance is simply the management of risk. Owning and driving an automobile is a risk. You risk injury, loss of your vehicle, and potential liability for damage to others. The purchase of insurance is merely an agreement with the company to transfer some of your risk to them. You are saying, "I choose not to assume all of this risk myself. In exchange for my premium dollars, the insurance company will suffer some of the financial loss instead of me." With this thought in mind, you must decide how much risk to transfer and in doing so, decide how much risk you are willing to keep yourself in the from of deductibles and unpurchased coverages.
Before we can get to ways to save money on your premium, you need to take a short inventory of your financial picture. Before you get to deciding whether to take a $100 or a $500 deductible on your collision coverage you first need to decide that you can reasonably handle a $500 loss. So before we jump into any tricks of the trade, lets take a moment to diagnose your "loss threshold."
Lets say you go out and buy a $3 picture to hang in your bathroom. Are you going to insure it? Of course not! Now you go out and buy a famous $252,000 masterpiece painting. Are you going to insure it? Unless you are a multi-millionaire, you certainly will. Somewhere in between the $3 print and the $252,000 masterpiece is your loss threshold. Your loss threshold is the amount of money you can stand to lose without doing any great harm to your daily lifestyle or your peace-of-mind. In the above example, different people will have different thresholds. There is no right or wrong answer here!
In addition to settling on your personal loss threshold, it is important to consider your previous history of insurance losses. If you have had several losses in the last 10 years, you may be wise to lean more heavily on your insurance coverage. If, on the other hand, you go almost forever between losses, you will save premium dollars by assuming more of the risk yourself in the form of higher deductibles or dropped coverages. Now, if assuming this extra risk is going to give you some sleepless nights and make you a nervous wreck every time you get into your car, then don't do it! Part of what you buy in the purchase of insurance is peace of mind.
What matters most is where you are comfortable. Take a moment to apply a value to your "Loss Threshold." Try thinking in terms of $50, $100, $250, $500, and $1000. How much money can you, with peace of mind, place at risk? As you will see below, once you determine your Loss Threshold, you need only to weigh the cost of the coverage versus the potential for loss to you. Insurance can be a reasonably simple commodity to manage.

1. DROP YOUR COLLISION COVERAGE-

So you have been driving "Old Betsy" now ever since Noah was working on his boat. To you, its worth every bit of what you may have paid for it way back when but to another car buyer, its just an old bucket of bolts, rubber, faded upholstery. Unfortunately, the insurance company views your precious 4-wheeled family member with the same cold business approach as a prospective buyer. Its only worth...well, its worth a lot less than you would hope.
There comes a time in the life of almost every car when its value does not warrant the cost of collision coverage any longer. Collision coverage is that portion of your insurance that pays to fix damage to your car suffered by a collision. You will need this coverage for your car when you are in an accident that is your fault or if your car is the victim of a Hit & Run accident. Looking back to your Financial Picture we discussed above, compare the cost of your coverage with the potential for loss.
In discussions with your agent or by examining your renewal bill, identify the annual cost of your collision coverage. By looking in the newspaper or car-trading publications, determine the actual retail value of your car. Be careful to be objective here and remove whatever emotional attachment you may have to your car that might unrealistically increase its perceived value.

Let's say that the real value of your car is $1200 and the annual cost of just your collision coverage with a $100 deductible is $150. Now here are the Test Questions:

1. Can I afford to withstand this loss without any help from the insurance company? (in this case $1200)
2. Would I rather save $XX (in this case $150) every year and risk the loss of the car myself? By not getting this coverage I am saving $XX ($150) per year. I will save enough to make up the loss ($1200) in Y (8) years. (1200 ÷ 150 = 8)
3. Does my driving and claim history lead me to believe that I might go Y (8) years without suffering that sort of loss?

If the answers to these questions are yes, then you might be well on your way to cutting your insurance costs by dropping your collision coverage. These simple Test Questions can be applied to virtually any insurance-buying decision. Take a look at the next example.

2. DROP YOUR COMPREHENSIVE COVERAGE -

Comprehensive coverage like collision coverage is designed to protect your car from loss. Much of the same logic that we applied to collision coverage can be used to decide on the fate of your comprehensive coverage. There are, however some important considerations to weigh in your analysis.
Comprehensive coverage covers almost anything that happens to your car except collision. The most commonly submitted claims are broken windshields, stolen hub caps, stolen stereos, vandalism and theft of the entire vehicle. Note here that many of these losses produce the same amount of financial loss regardless of the value of the car. It costs virtually the same to replace a windshield in a 75 Ford as it does in an 85 Ford. Consider also that the cost of comprehensive coverage is much less than collision coverage. The ratio between money saved and dollars put at risk is smaller and therefore you may be less eager to drop this coverage. Ask yourself the Test Questions that we did for collision coverage and make an informed decision.
If your vehicle is financed or leased, always remember to check with your financial institution before changing these coverages. Your loan contract may have certain requirements and deductible limitations that somewhat restrict your options.


3. RAISE YOUR DEDUCTIBLES -

If deleting collision and comprehensive coverage puts you at greater risk than you are willing to assume at this time, you may want to consider increasing your deductibles as a compromise. As you increase your deductibles you decrease your premium. The insurance company is going to give you a break on your premium here for two reasons. First, when you have a loss, the insurance company will pay you less money when you have a higher deductible. Secondly, with a higher deductible, you will have fewer claims that are presented to the insurance company in excess of your deductible.
When you take a higher deductible you are saying that you, for the consideration of a lower premium are willing to assume a greater portion of the loss yourself. You trade the certainty of a lower premium for the uncertainty of more loss to you should a claim occur.
If you have decided in your Financial Picture that you are comfortable with a $500 loss (and the premium savings is enough) and you own a car worth $3000 then you probably do not want to drop your collision coverage completely. But you can increase your $100 collision deductible to $500 and your zero comprehensive deductible to $100. Let's examine the numbers. If you save $30 per year on your comprehensive coverage and $65 per year on your collision deductible you realize a $95 per year savings the first year and every year thereafter. You are only increasing your risk by $100 on the comprehensive coverage and by $400 on the collision coverage. Remember you already had a $100 deductible on collision and increasing it to $500 changes your participation in the loss by $400. Again, ask yourself the same questions.

1. Can I afford to withstand this loss (the bigger deductible) without any help from the insurance company?
2. Would I rather save this money ($95) and risk the larger deductible loss myself? By taking this bigger deductible I am saving $95 per year. I will save enough money to make up the loss in one year for a comprehensive loss and in just over four years for a collision loss.
3. Does my driving and claim history lead me to believe that I might go one or five years without this sort of loss?

If the answers are primarily yes then most likely an increase in deductibles is right for you.


It's a Good Life !






Dennis Volz Insurance Agency
10791 Jamacha Bl, Suite 1, Spring Valley, CA 91978
OFFICE: (619) 670-1000 - FAX: (619) 670-1121
eMail:Dennis@DennisVolzInsurance.com
Websites: Company Site: DennisVolzInsurance.com

This post contains only a general description of coverages and is not your insurance contract. Details of coverage or limits can vary. All coverages are determined by the terms, provisions, exclusions and conditions of your policy along with any endorsements.