Saving money on car insurance requires a combination of techniques that improve your insurability, decrease the rate of insurance for your vehicles, and provide you with a unique advantage when it comes to purchasing car insurance.

This article will outline seven techniques that will ensure that you receive the lowest possible car insurance rates.

1 – Choosing the Best Insurer

Cost is certainly one factor when considering car insurance, but your insurer selection should be weighted more heavily on reliability. You could easily call a number of insurance companies, ask for quotes, and simply select the lowest bidder. However, even if the lowest cost insurer saves you hundreds of dollars a year in premium payments, that savings does you no good if you find yourself in an accident, needing car repairs or medical attention, with an unreliable and unresponsive insurance company. A good company is crucial. It’s not just about car insurance best rates.

#2 – Customize Your Policy

Before you begin calling around, it’s important that you determine the level of insurance coverage you need. Not everyone’s insurance needs are the same. Some families own two or three very expensive vehicles, while other families own only older used cars. Some people are members of AAA, while others are not. The specific terms of a policy should be determined by your life situation and the value of the items being insured.

#3 – How to Become Highly Insurable

Whether you’ve already purchased car insurance, or you are getting ready to start looking, one of the best things you can do to obtain the lowest possible rates is to improve those things that car insurance companies look at when they calculate your insurance premium. There are several things you can do in the short term to improve your insurability standing, and there are also things you can do over the long term to improve it as well. This section will describe four major elements of this technique to save money on your car insurance.

#4 – Reduce Your Car’s Insurance Rate

Another extremely effective technique to obtain the lowest possible insurance rate is to improve those things about your car which car insurance companies value the most when they calculate your insurance premium. There are several things that you can do before buying a car that will dramatically decrease your insurance premium. If you’ve already bought a car, however, and are looking for ways to decrease your existing insurance costs, there are still methods you can use that will substantially cut your premium costs.

#5 – Gaming the System

In addition to all of the techniques already listed in this article, there are also additional ways that you can use the insurance industries rating rules and premium calculation system in ways that will reduce your costs. Again, use the industry’s rules to get car insurance best rates.

#6 – Constantly Update Your Policy

One of the most important things that you can do to keep your insurance premium at a minimum is to always remember to update your insurance provider of any changes in your life that can reduce your insurance costs. Forgetting to do this can be very costly.

#7 – Deciding on Liability Only

There comes a point in the life of a car when the decision needs to be made whether or not it is worthwhile to maintain collision and comprehensive insurance coverage.

Getting Rock Bottom Insurance Rates

If you carefully follow each of the sections outlined in this guide, you are guaranteed to receive the lowest possible insurance rates for anyone within your calculated risk bracket. No one should ever overpay for car insurance – especially given the fact that there are so many insurers in the industry competing for your business.

Most people overpay for car insurance out of sheer laziness. However the consumer that understands how car insurance works, and is clever enough to take advantage of all of its loopholes, will save significantly on their premium in the long run.

Before you step foot into another insurance office, or visit another insurance website, make sure to print this guide and follow it carefully in order to ensure that you get the best insurance deal possible. Remember, car insurance best rates are achievable.

Source by The Internet Car Guy

Saving on Georgia Homeowners Insurance

Learning how to save on your homeowners insurance can be difficult.  If the right agent in your area knows your situation you will most likely find easy ways to save on your policy. 

Home Security:  Many insurance companies will give a discount for smoke detectors, burglar alarms and dead-bolt locks. Some companies will also give a discount for sprinkler systems.

Good Credit Helps:  Insurance companies are using credit scoring more and more to determine premium on homeowners insurance.

Multi-Policy Discount:  Consider purchasing auto and homeowners insurance from the same company as most companies will give a multi-line discount.

Private Insurance:  If you live in a high-risk area and have been buying your insurance through a government plan, you should check with an insurance agent. You may find that there are steps you can take to buy insurance at a lower price in the private market.

Increase Your Deductible:  A deductible is the amount of money you pay on a loss before your insurance company pays for a claim. The higher you set your deductible, the more money you can save off the premium. Currently insurance companies recommend a minimum deductible of $500. Ask your agent how much you would save if you went with a $1000 deductible.  A deductible is the portion of any claim that is not covered by an insurance provider. 

Rebuilding Costs:  Many times people think they need to insure their house for the amount the amount purchased.  This is not the case. If your house were to completely burn down, you would still have the land. Your agent will be able to help you calculate replacement cost of the house.

Understanding Credit:  Did you know that most insurance companies today will run your credit report when calculating your premium for homeowners insurance? That’s why it’s so important to understand your credit score and how to improve it.

Search for homeowners insurance agents in Georgia by your zip code for a free rate quote on your homeowners insurance today.

Source by Daren DiSantis

You may wonder why should you know your car insurance companies. One very good reason is that in the event of an accident you would be less likely to accept a false proof of insurance. How’s that possible?

A few months ago my car was hit while I was sitting at a stop sign waiting to turn left. The other driver coming from my right cut the corner before realizing there was a car there. Needless to say it was a head-on collision, but thankfully she was slowing to turn.When the time came to exchange insurance information, she handed me a letter on official letterhead that gave a policy number for auto insurance.  The letterhead said “DriveTime”. I’d heard about DriveTime as being a place where one could easily get an auto loan.  I never questioned the validity of the “proof” of insurance I was given.

I found out later, when I tried to file a claim for repairs with the other insurance company, that DriveTime insurance ONLY covers their car.  It is a comprehensive coverage that protects DriveTime against any loss. However, it is up to the car buyer to obtain liability coverage from another source.

So before you get stuck with a “proof of insurance” that is no proof at all, glance at the list below just to get an idea of those real full-coverage auto insurance companies. These are American insurance companies with a strong regional and national presence.

* American National Insurance Company

* American Automobile Association

* AIG

* Allstate

* American Family Insurance

* American Farmers and Ranchers Mutual

* Amica

* Auto-Owners Insurance

* California Casualty Insurance

* CapitalOne

* Commerce Insurance Group

* COUNTRY Insurance & Financial Services

* Cuna Mutual Group

* Electric Insurance Company

* Esurance

* Expatriate Insurance

* Farm Bureau Insurance

* Farmers Insurance

* Frankenmuth Mutual Insurance Company

* GAINSCO Auto Insurance

* GMAC Insurance

* Geico

* The General

* GuideOne

* Hanover Insurance

* The Hartford

* Hastings Mutual Insurance Company

* Haulers Insurance Company

* Infinity Auto Insurance Company

* Liberty Mutual

* Nationwide Insurance

* National Interstate

* Metropolitan Life Insurance Company

* Mutual of Enumclaw

* OneBeacon Insurance Group

* Pekin Insurance

* Pemco

* Progressive

* Safeco

* Safeway Insurance Group

* Standard Insurance Company

* State Auto Insurance Companies

* Shelter Insurance Companies

* Solid Insurance Group

* State Farm Mutual Automobile Insurance Company

* The St. Paul Travelers Companies, Inc.

* Trustgard Insurance

* Unitrin Direct Auto Insurance

* USAA

* Wawanesa

* Westfield Insurance

Of course, there are a lot more insurance companies that this, but this is a list of the most common. So if someone gives you a proof of  insurance that doesn’t sound like a company name that you are familiar with, make sure you get all of the contact information, including their driver’s license number…just in case.

Source by C.L. Hendricks

Homeowners companies are reluctant to offer insurance coverage on a home that is considered unoccupied or vacant.

More than half of the homeowners companies we surveyed will not even take the risk on a vacant dwelling by offering insurance, even for “customers” that have been insuring with them for many years. Coverage will end, not be renewed, or will be drastically reduced after a home is not occupied for as little as 30 days in many instances. In almost all cases we have seen, a regular homeowners’ insurance policy will not provide full coverage after 90 days of vacancy. In some instances, all cover can be lost. A vacant dwelling policy will need to be put in place.

When a traditional homeowners insurer finds out the home is not being occupied by the primary owner (or at least one family member in the immediate family) they will take steps to cancel the policy. In the cases where the homeowner’s insurer is actually willing to offer coverage on the vacant home, don’t think the coverage is the same!

The covered offered is almost always reduced from what the owner had while living in the house. The coverage being offered is called a dwelling policy (Dwelling 1 or Dwelling 3) and it is not the same amount of coverage the owner had while living on premises, which is typically called HO3 or HO5 coverage.

What are some of the basic differences between the insurance you had while living in the home and what a typical home insurer will offer you on a vacant dwelling? A dwelling policy does not offer “all risk” coverage on the home. There are hundreds of causes of loss. We have seen everything from a woodpecker burrowing a hole into the side of a home so large, it cost $5,000 to fix, to a small airplane flying into the side of a house causing $250,000 of damage. There are hundreds of examples and potential causes of loss in between these two examples.

A dwelling policy offers a short list of covered items. For example, fire, windstorm, smoke, etc. (perhaps 9 covered items, in total) If the cause of your loss is not on the short list, it’s simply not covered under a typical dwelling policy. We can find clients the same coverage terms that they had while living in the home, and not reduced dwelling policy terms, if the home becomes vacant or unoccupied.

Rule # 2, don’t let your insurance company offer you a dwelling policy on your vacant home with reduced coverage and higher premium.

In addition, because traditional homeowners companies do not like to cover vacant homes, the cost is extremely high and very little coverage is provided. Our program costs are higher than what the owner was paying while the house was occupied too, but the coverage is very comprehensive compared to what most homeowners insurers are willing to offer homes considered empty or vacant.

Source by Nick DAlleva

Medical emergencies can hit you anytime and anywhere, despite your best efforts to stay safe and stay healthy. To avoid paying heavy medical bills due to unforeseen emergencies, one must get a Texas health insurance plan to cover the costs of prescriptions, medicines, doctor visits, and emergency hospital stays. In our struggling economy, the cost of health insurance is rising day by day. Luckily, state government and insurance companies in Texas have taken a valuable step to maintain the health of masses by dipping the cost of health insurance plan in the state. Texas is a relatively inexpensive state to procure health insurance when compared with “expensive” states such as New York where policies cost much more. One can surely find a Texas health insurance plan in tune with his/her needs and budget.

These days, there are various Texas health insurance providers offering twin health insurance policies – major medical insurance and disability insurance to protect the people of Texas. Major medical health insurance offers medical coverage as diverse as coverage for a chronic illness to unexpected accident. On the other hand, disability health insurance usually refers to an income replacement and provides coverage for a specified period of time when you are unable to work due to physical disability such as bone fracture.

In Texas, individual health insurance plans are usually more costly when compared with group insurance. But that does not mean that you cannot purchase a cost-effective individual health insurance plan. If you compare a range of Texas online health insurance quote, you will certainly get a list of individual health insurance policies at lower-priced services and cheaper deductibles. Every individual health insurance policy offers accident coverage and hospital visits, and can be extended to include prescriptions and regular visits to the physician as well.

The internet has paved the way for you to shop for an affordable individual health insurance plan in tune with your needs and budget. At the same time, you can use internet resources as a source of information on how to interpret individual health insurance plans and how to set up a health savings account. So, what are you waiting for? Fill in an online application form and you can gat a Texas online health insurance quote within a matter of hours.

Source by Kewal Wason

ICICI Lombard is one of leading general insurance companies in India, offering a various insurance policies to the customers. The mediclaim from ICICI Lombard is a popular among the customers.

ICICI Lombard provides different types of mediclaim policies for individual and families. The policy name such as Health Advantage Plus, Family Floater Health Insurance and Personal Accident Insurance. Each product is a unique and specially designed according to the healthcare needs of the customers. Under family floater  insurance policy, the entire family is covered under a single sum assured. These policies provides financial protection in case of unexpected medical emergencies.

ICICI mediclaim policies covers insured for in-patient hospitalization expenses for more than 24 hours of hospitalization. The expenses such as room charges, boarding expenses, doctor/surgeon fees, cost of medicines, etc. There is no sub limits on room rent, doctors fees and hospital charges for any disease.  The cover is also provided for Swine Flu/H1N1.

Pre and post hospitalization expenses are covered up to 30 days prior and 60 days after hospitalization. All pre-existing diseases can be covered after two continuous policy years with the company. The expenses are covered for advance technological surgeries or procedures which do not require more than 24 hours of hospitalization. ICICI mediclaim policies also provides cover against terrorist activities.

ICICI Lombard has a large network of hospitals. The insured can avail cashless hospitalization service at over more than 4500 network hospitals across India. The convenience of buying policy 24X7 online and can be accessed form any place in the world. Also there is a online service for claim settlement and policy renewal. Additional sum insured is provided for every claim free year.

Premium paid towards the mediclaim policies are eligible for tax benefit under section 80D of the Income Tax Act,1961.

Source by Habibulla Antule

Most weddings cost far more than you would spend on a decent saloon car. It’s unthinkable that you would drive your brand new car without insurance cover, yet so many couples take a bigger financial risk by not insuring their wedding costs against the risk of total loss. By comparison to cars, house content, possessions, valuables, etc., wedding insurance costs very little for comprehensive cover. The relatively small premium for wedding insurance will give you peace of mind as you plan for your wedding.

Wedding insurance policies give a wide range of cover for many eventualities that could affect your wedding day. However, it is unlikely that small, irritating events would be included in the cover, such as rainfall, cloud, etc. but stronger weather forces that affect the wedding day almost certainly would, such as floods, landslides, earthquakes, etc. If adverse weather or other unpredicted events were to cause your wedding or reception venue to close or become inaccessible then your wedding insurance policy would provide a suitable level of cover. The same policy would cover unpredictable events with the wedding car supplier or the caterer or even if the bride or groom should sustain an accident which caused the wedding to be cancelled for the planned date. A low premium insurance policy to cover all of the wedding day suppliers and events will compensate for those unexpected situations that can leave you seriously out of pocket.

When you start to plan the wedding arrangements most couples wouldn’t consider including insurance as a part of their list – but you should! When you have set your wedding date and you start to book the suppliers for your wedding you are starting to make financial obligations for the big day – at that stage you should have your wedding insurance in places as well. This will give you a maximum period of cover for your insurance fee as well as adequate cover should anything go wrong in the period leading up to your wedding day that may leave you financially disadvantaged.

A good wedding insurance policy will include the following items in it’s cover: cancellation of your wedding (check the applicable clauses, it’s unlikely a change of heart will be covered!), wedding rings and jewellery, the wedding dress, attire purchased for the groom, best man, bridesmaids (if formal attire is to be hired, check insurance liability with the supplier), cancellation of the wedding and reception venue(s), catering supplier, wedding florist, personal accident of the bride or groom causing disruption of your wedding plans, public liability cover (check that your wedding and reception venues carry public liability cover for your guests whilst on their premises), personal liability and legal expenses for the bride and groom, cancellation or failure of wedding cars, accidental damage to your wedding cake, wedding photographer (ensure that provision is included for any possibility of your photographs being destroyed), wedding gifts (including an amount to cover cash and vouchers received).

Don’t forget insurance cover when planning your honeymoon. The honeymoon insurance is normally covered by travel insurance offered by the travel agent or available through insurance brokers, it is unlikely that honeymoon insurance would be included in a wedding insurance policy. One item that is often overlooked is cover in the event that the honeymoon is cancelled due to the wedding not taking place – neither the wedding insurance nor the travel insurance is likely to cover such a risk – so it is worth considering taking out a separate insurance cover for this specified risk (the insurance premium for such a policy is likely to be very small and may even be able to be added onto your wedding insurance cover as a specific item).

Planning and organising your wedding can be a very enjoyable experience, leading up to one of the most exciting and important days of your life. No one expects things to go wrong, and they rarely do, but you should have the reassurance of wedding insurance to give yourself peace of mind over any unexpected or unpredictable events that could disrupt your wedding day. When you start to plan your wedding day and book the suppliers, take out your wedding insurance policy at the same time. This gives the maximum period of cover and means you can concentrate on your wedding whilst you have the reassurance that the whole event is covered by your wedding insurance policy. Enjoy planning for the big day and your wedding day itself – congratulations, it’s one of the most enjoyable days of your life.

Source by Steve Shaw

According to surveys conducted by the National Association of Insurance Commissioners (NAIC), millions of homeowners assume that their standard homeowners insurance insures them against several kinds of losses typically excluded from coverage. These exclusions are sometimes referred to as “Cat, Rats, and Brats,” reflecting three exceptions to standard coverage.

Cats. A 2007-2008 survey conducted by the American Pet Products Manufacturers Association reveals that 71.1 million of America’s 113.7 million households (63 percent) own at least one pet. This represents an all-time high for pet ownership in the United States. Many people assume that their home owners insurance covers damage to windows, doors, furniture, and carpeting caused by pets. They are mistaken. A standard homeowners insurance policy excludes damage caused by cats, dogs, rabbits, and other pets. The NAIC reports that 22 percent of the people they surveyed thought that their insurance covered injuries to or theft of pets. This is not correct.

Rats. Damage by wild creatures is not covered by homeowners insurance, either. Nearly a third of the homeowners surveyed by the NAIC (31 percent) mistakenly believe that damage caused by infestations of rats, bats, mice, ants, termites, and other pests is covered by their homeowners insurance. It is not. Pests are so prevalent that insurance companies cannot afford to assume the risk of property losses they might cause.

Brats. Children and young adults lack the experience—and sometimes the respect for property—to be careful with personal possession or even the home. Whether the result of an innocent accident or malicious acting out, damage caused by children is not covered by home owner insurance.

Living on the flats. According to the U.S. government, virtually every part of the United States is subject to flooding. Some areas are more susceptible to flooding than other areas, of course. The areas most at risk are known as Special Flood Hazard Areas. Because floods cause widespread damage, private insurers cannot profitably insure against their risk. To prevent floods from wiping out the assets of the millions of Americans who live in flood zones, the U.S. Congress enacted the National Flood Insurance Act of 1968, establishing the National Flood Insurance Program (NFIP). Funded with premiums from homeowners and able to borrow against the national treasury, the NFIP offers the only kind of flood insurance available in the United States. Optional in some areas, flood insurance is mandatory for homeowners who live in Special Flood Hazard Areas. Despite the fact that flood insurance requirements are disclosed when a person purchases a home, the NAIC found that 33 percent of respondents wrongly assumed that their homeowners insurance covered flood damage.

War-like acts. The mainland of the United States has sustained damage from war-like acts only four times in its history. The first attacks came in the War of 1812 when British troops invaded points along the border with Canada and burned Washington D.C. The second incursion occurred when forces under the command of Mexican General Pancho Villa raided Columbus, New Mexico on March 9, 1916, and burned the town. The third attack occurred on February 23, 1942, when a Japanese submarine fired on an oil refinery in Santa Barbara, California. By far the worst attack occurred when terrorists from the al-Qaeda network flew airliners into the World Trade Center and The Pentagon on September 11, 2001, killing 2,998 and causing more than $30 billion in direct property damage. Damage caused by war and acts of terrorism are not covered by homeowners insurance.

Earthquake cracks. Earthquakes have struck 39 of the 50 states since 1900. According to the Federal Emergency Management Agency (FEMA), earthquakes cause more than $4 billion in property damage per year. Because earthquakes cause widespread damage in a matter of seconds, insurance companies cannot afford to cover earthquake damage with a general homeowners insurance policy. Nevertheless, the NAIC survey reveals that 35 percent of homeowners believe their homeowner’s insurance covers earthquake damage. To insure their homes, homeowners need to purchase separate earthquake policies. After the Northridge earthquake of 1994 that caused $12.5 billion in losses, California insurers stopped offering earthquake insurance. To guarantee that homeowners at least could rebuild their homes after a severe earthquake, the California legislature passed a law requiring property insurers operating in the state to offer “mini-policies” to cover primary dwelling spaces, but not pools, patios, and other non-essential structures.

For most people, their home is their biggest expense and largest asset. While the majority of homeowners know that some things are excluded from their homeowners insurance coverage, a surprisingly large number of people—roughly a third of homeowners—do not realize that their coverage excludes some types of damage. Every homeowner should review their homeowner’s insurance policy to verify their coverage then contact their insurance agent to discuss what types of additional coverage might be necessary to protect their home.

Source by Bradley Steffens

Know the Facts

According to the National Highway Traffic Safety Administration (NHTSA), most deaths caused by auto accidents that involve mature drivers occur during the daylight hours and on weekends.  In Florida alone, the number of fatal car crashes in 2007 was 4,551.  Of these crashes, 972 involved drivers of the age 55 or older.  This is why car insurance companies will sometimes raise the rates for mature drivers…due to the risk involved.

Keep in Good Health

Staying in good health with a clear mind can contribute to safe driving habits.  Have regular check-ups with your primary physician.  Keep your eyes checked every few months with a thorough eye exam.  If it will help your vision permanently, you might consider having laser eye surgery.  Also, be open to comments about your health and mental stability from family members.  If a family member recognizes that your memory or overall perception are not so great any longer, don’t get defensive about it.  See your doctor to find out if there are ways to improve these.  Getting help instead of ignoring the problem can possibly save a life on the highway!

Take a Class

Florida car insurance providers are required to give you a discount on your auto insurance if you enroll in a state-approved Florida Mature Driver Program.  This is a class designed specifically for mature drivers, age 55 and older.  The great thing about it is you can now take a course online from home or study in a classroom setting.  Check online or at your local DMV for details.
 
When taking the online version, course study materials and testing are provided online, and you can study at your convenience.  The questions are basically multiple choice and true/false style, and you can go online and off-line as needed until you complete the course through a student log-in system.  There are six units of study to earn your Certificate of Completion.  Your certificate can be sent directly to your car insurance provider to receive Florida’s mandatory discount.

Another benefit of taking the Florida Mature Driver Course is you’ll learn about new rules of the road.  Let’s face it, driving has changed drastically since you first took your driver’s test.  The rules and road signs have changed on highways as cities grew bigger and built new roads.  Automobiles have changed.  Methods of driving have improved.  So it will benefit you tremendously to brush up on driving skills while saving dollars on your auto insurance.

Use Online Comparisons

If you feel your car insurance provider has increased your premium due to age, you can easily use the Internet to find better rates.  Get quotes from top providers in Florida such as Progressive, State Farm, Geico, Liberty Mutual, AARP, etc. and find out which ones will cater to your needs.  Florida auto insurance companies are each different in their risk assessment so it’s wise to compare at least 10 or more providers.

Don’t fret over becoming a mature driver…use the years of experience to your advantage and never stop learning.  Take these steps to get affordable Florida car insurance today!   

Source by Jc Denton

We know the necessities of your trade and that is why we offer you tradesman liability insurance to safeguard your source of revenue. Being a tradesman or running your own business has a lot of risks involved. In today’s competitive world, one simple mistake can prove to be a disaster for your business; you may even have to close down if you are not able to bear the financial losses. Due to such insecurities, it is important to get a tradesman liability insurance cover. We provide you with expert help that will be imperative to you while buying an insurance cover.

Insurance for various trades
You might be into any trade, be it an electrician or a painter or even a gardener, we have insurance policies cut out to offer all the protection that a tradesman may need.  When you are employing someone for a particular job, his safety becomes yours legal responsibility. When mishaps occur, despite taking safety measures, it is likely that the person may ask for compensation or drag you to court. You could avail tradesman liability insurance during such a time and save yourself from a potentially huge financial crisis.

For most tradesmen, some level of insurance is made compulsory by law. Your insurer should be made aware of all the assets and liabilities of your trade. We, as insurers will then ascertain that you get maximum benefits from minimum investments. We also recommend here that you discuss your options with our friendly team of advisors, who will ensure that you get the right kind of tradesman liability insurance for your trade.

Endowing you with the finest
Our tradesman liability insurance products cover what is legally required for most tradesmen. We help you to obtain a significantly better level of cover than simply what is required by law in order to really protect your clients and your business. Things can go wrong, whether by human error or the failure/ malfunction of some equipment. A simple accident could result in the flooding of someone’s kitchen or even a fire in their home. Accidents of this scale are not common, but when they do happen they can be very, very expensive. Our tradesman liability insurance policy will protect you against the costs arising from such incidents.

Being a tradesman, tradesman liability insurance is a must. Apart from that we suggest a few more insurance covers to make your business flourish. These are a few other insurance policies we recommend for you:

1. Employers liability insurance
2. Public liability insurance
3. Equipment insurance
4. Vehicle insurance

Apart from this, we highly recommend that you clarify any kind of doubts that you might have relating to your tradesman liability insurance by calling us.

Article Resource:-

http://www.tradesmaninsure.co.uk/articles-On-Tradesman-Liability-Insurance.html

Know more about Tradesman Liability Insurance:-

Tradesman Insurance|Builder Insurance

Source by ammenda

Health insurance leads like leads in any other insurance line are easy to come by especially online. But it is the quality of such prospects that matter – only if a high percentage of them lead to insurance sales can they be considered as high quality. So it is important for an agent like you to understand how to land good leads. Other wise you will only be spending money, time and effort for nothing.

There are a number of qualifications a person should have to be able to get a insurance plan. So getting insurance leads is a tougher call than the rest. You should be well versed in explaining the products and plans thoroughly as leads are likely to ask more questions to understand their eligibility clearly. Health insurance line offers possibilities for group insurance as there are several plans in this category that can be very attractive to potential clients that leads. Group health insurance leads are highly profitable and it is worth while for agents to look for deals for groups. For this the best form of leads acquisition can be through calling on small businesses that do not give their employees any health insurance.

Referrals have always been and are likely to always be a fool proof method to generate leads. If your existing customer is happy with your support he is likely to spread a good word about you in his/ her circles and this circle keeps growing like this until it is a strong network of your customers. Insurance leads that come from such recommended prospects almost always end in a winning deal. So always keeping this as your primary focus helps you to grow strong especially in the long run. Buying leads is the latest method that is being used successfully by many an agent in the line.

It has been evidenced that more than three fourth of the populace typically looks up the internet for insurance buying. They come to gather details and review various plans and products. These are the hot prospects that are likely to give you business. To get you such strong health insurance leads companies exist that provide lead delivery services. An agent can become really successful by just finding one good source of health insurance leads.

Even a few leads that come in periodically could be enough when they all culminate in an individual or group insurance deal. Other agents operating in your insurance line could help you identify some good lead delivery services. By testing them out over a period of time and by asking pertinent questions about the leads that are provided you should be able to easily judge the effectiveness of the lead from a company. You should get correct lead details, get them on real time in email etc according to your choice and discounts for bulk lead buys. You could also choose exclusive or shared leads.

Looking at the health insurance leads samples can give you an idea about what to expect as output from them. You should be getting enough details about a prospect to follow up with them instantly and easily.

Source by lankandrew

We all need money at some point of our lives and especially after getting old or retirement. However, thanks to the development of insurance industry that has introduced various innovative methods to procure loans that can make lives of needy. Coventry life settlement is one such loan that provides respite to older people by buying or procuring their undervalued or high net powered insurance policies. One can say that it retains the smile of elderly.

Coventry life insurance can be defined as the sale of an insurance policy to a third party for money. In this the beneficiary gets money in one go or in the form of monthly installments. A Coventry life settlement is a loan where policy is settled or sold to some other person or company and the original owner is no longer responsible for paying the premiums and will not be accountable for any amounts on the maturity of the policy. Nevertheless, at the same time, if the owner wishes to keep the policy and yet wants a financial assistance then can borrow a loan against the policy. In fact, Coventry life settlement helps policyholders to tap the market value for the underperforming or over performing policies. This will result in greater financial flexibility and stability. It is quite different from the general life insurance products offered by various market players.

With the help of Coventry life settlement program, one can get a high net worth on the policy and might also earn big times than its cash surrender value. As we all are aware of that investing in general or life insurance policies is beneficial for many as it helps out during taxing times and provides financial security. However, the only hassle with these policies is that one can only reap the benefits after his or her death, but not anymore as one can be benefited by selling the policy through a life settlement program. In fact, it presents new opportunities for the policyholders, as it optimizes the policy coverage by offering appropriate policy premium. As a result, a client or a policyholder will get a paid-up policy based on market value. The policyholder can also be eligible for guaranteed benefit in place of a non-guaranteed benefit.

A policyholder can further retain a more appropriate level of coverage through Coventry life settlement. Coventry life settlement can additionally upgrade the credit rating of the insured. It can also create additional disposable income by eliminating future premium payments. It is a popular option for individuals for those elderly people who are ill and need cash to pay for medical bills as well as others who simply want a large sum of cash to make investments. There really many reasons to choose Coventry life settlement and keep all your insurance worries aside as Coventry life settlement is there to make your life full of fun and hassle free. Most policyholders are unaware that life settlements are an option and those that hear of it are not quite sure of all the details. Hence, to approach Coventry life settlement executive is a right choice for the easy life.

Source by William Regal

In United States, there are more than 200 millions of people having private health insurance currently. There are 2 main types of private health coverage, i.e. managed health care plans and indemnity health plans. Managed health care plans are chosen by people who want to have quality care at an affordable price. On the other hand, indemnity health plans are chosen by people who prefer maximum flexibility in controlling their medical care decisions. Let’s take a look at the pros and cons of obtaining private health insurance.

The Advantages:

·          The policy holders have the freedom to choose their own health plans that suit their budget. They can also change the terms of agreement anytime with their own consent. They don’t have to pay for medical options that they don’t need.

·          The insurance plans will not be affected if the insurers shift jobs

·          The insurers have the freedom to choose the doctors they prefer to perform their medical services. Furthermore, they have faster access to an elective surgery procedure.

The Disadvantages:

·          The policy holders are required to pay for higher premiums due to the increasing health care costs.

·          The individuals may face the risk of being rejected by the insurance providers due to their current medical status or pre-existing condition.

To sum up, it is important for you to look at your financial position first before making your decision whether it is really necessary for you to obtain your own medical coverage. Don’t worry if you can’t afford for a private health care plan. You still have the choices to select either the government or employer-sponsored health plans.

Source by Jeslyn Jessy

Being a business owner is one of the responsible works to manage its working properly and to serve people in their desired manner. The basic motto of any business is not only earning profit but it equally deals with satisfying the needs and requirements of people to the fullest. However due to changing tastes of consumers and changing surviving scenarios, businesses need to protect themselves from unjustified users’ demands and claims. Insurance for small businesses is one such option that may protect the identity of a business owner and helps in smooth functioning of any business activity.

Low cost business insurance is great in demand these days. In this type of insurance protection, by paying a reasonable sum of premium every year, a company can earn itself protecting rights in some unforeseen situations that may cripple it heavy financial loss. So, whether you are running a partnership firm or a sole proprietorship firm, taking business insurance can give you instant relief. It will further provide you enough morale and confidence to carry out the deals profitably and successfully.

There are many cases where business combined insurance have been proved a real bless. Companies have saved their lots of money usually being wasted in settling the claims and losses caused to its clients.

As a small company, you can check the websites of various insurance firms and institutions where information related to adequate insurance protection can be taken. For a better deal, you can compare prices by searching through different websites and its offerings. You can also visit the offices of these providers and consult an insurance expert to educate you about the most profitable deal.

Business liability insurance can become the need of the hour and companies have realized its importance and utility in the normal dealing of the business.

Source by Roberto Luongo

Insurance is often the safe and most risk free approach to investment. Most people think they are sufficiently insured when they are not. Hardworking people spend a lifetime earning what they have. Our personal wealth is a coupling of family and our income early potential. Individuals which find themselves at the head of a household know the stress and pressure of having other depend upon them for their well being and income. Death often occurs unexpectedly and without notice. Especially true when accidents and sudden diseases are the source of death. It is important to make sure that you have enough insurance to cover your family’s expenses in the event that you are no longer able too. Have you thought about how your family will survive not just emotionally but financially without you?

Insurance can help preserve your families lifestyle and should be incorporated into any comprehensive financial investment plan. Most people avoid the issue of life insurance, thinking about one’s own death is never pleasant but having the peace of mind to know that your family is taken care of is well worth the effort. Life insurance is a low risk way to invest money overtime. Most people decide upon term life insurance because they do not realize there are other investment based life insurance policies available. Term life insurance only pays out one lump sum after your die. Financial experts believe that an individual should have a life insurance policy which is at least 10 times their annual income. If you are interested in purchasing insurance there are several online life insurance calculators which offer a fairly accurate life insurance analysis. The cost of insurance is based on the level of risk taken by the company which is giving the insurance. Factors which effect price are age, health, participation in hazardous leisure activities, or addictions. Life insurance can be taken out on just about anyone including the main provider of the family’s income, the homemaker, the stay at home parent, anyone with dependents, anyone who has significant debts or assets.

Speak with your financial advisor about including life insurance as part of your stock portfolio. Your advisor will you calculate exactly how much insurance you need for your particular situation. Life insurance can be taken up either inside or outside superannuation. Insurance within superannuation has the benefit of premiums being tax deductible. This is especially useful for anyone who is self employed or someone who has a spouse that has a low income. Purchasing coverage through a superannuation funder is a great way to save on life insurance premiums because it is not a separate insurance policy. Those who are self-employed can claim a tax deduction on their super contributions, regardless of whether the contribution is used to purchase investments or insurance. This tax saving option is ideal for those who have a young family and are seeking increased security and financial protection as the amount saved through deductions and rebates can be used to increase your level of insurance cover.

Source by Mika Hamilton

For a first-time car owner, one of the difficult things to sort sometimes is the kind of auto insurance coverage you want. There are plenty of companies out there offering competitive rates and a host of different coverage packages. Standing on opposite ends of coverage spectrum are liability only and full coverage. These are the types of coverage that all other auto insurance plans are based off since they are either some form of liability-based plan or full coverage-based plan. What are the differences between these two extremes?

All car insurance is actually controlled by the individual states with each of the states have their own provisions and guidelines. These regulations include what the minimum amount of legal coverage required. In order to drive legally in every state in the country, you need some form of liability insurance coverage. Of course, the question is this: What is liability insurance? Briefly defined, liability coverage is the level or component of insurance coverage that deals with any damages or injuries where you as a driver were at fault. This includes property damage as well.

Every state abbreviates its minimum liability amounts using three numbers separated by forward slashes. For example, let’s say that you have “25/50/15.” Each number represents different component of the liability coverage. The first one stands for the maximum amount that the insurance company will pay for bodily injuries sustained by a single person, per accident. The second number refers to the maximum dollar amount at the company will pay for all injuries in a single accident. Finally, the third number refers to the total amount that the company will pay for property damage, per accident. These numbers are usually in the thousands of dollars so the amounts would be $25,000; $50,000; and $15,000 and are representative of minimum amounts. More coverage per amount may be added at any time.

Full coverage insurance is considered to be a misleading term by many insurance customers since it does not literally cover “everything.” If this is not true then what is full coverage auto insurance. Well, in reality, full coverage involves the addition of two other forms of insurance coverage to a foundation of liability coverage. These two types are called comprehensive and collision coverage. Now there can be some flexibility when it comes to this type of insurance coverage since you do not necessary have to add both of these coverage types to liability. Comprehensive can stand on its own without collision but collision cannot do the same without comprehensive.

Comprehensive coverage deals with other areas of damage like that from theft, vandalism, fire, hail, etc. Collision coverage deals exclusively auto collisions. Collision is mandatory along with comprehensive when you are still paying on a car loan.

You can see the difference clearly between having liability only coverage and have full coverage options. Depending on factors like whether your vehicle is new, used, or still under financing will determine whether you choose one or the other. The costs will vary, as will the customized features that individual companies include in their various plans. But, at least you have a better idea of what the car insurance landscape looks like.

Source by Peter Kenny

Senior citizen travel insurance is a particular kind of insurance policy for individuals who are 65 years old and more. However, there are certain providers who have lowered the age requirement to 50. The senior travel insurance is meant to give more coverage and benefits to senior citizens when compared to those younger. This insurance is for people who are less probably to take risks when travelling within the country or even abroad.

The senior citizen travel insurance offers the most essential financial protection against the risks that are incorporated with traveling. It also includes the cases of cancellation and coverage for the theft or loss of baggage and other important things. In some cases, medical expenses are also covered by the insurance plan. Medical expenses generally take in assistance and emergency services.

Mostly, there are two types of senior citizen travel insurance, these are – the single trip travel insurance and the annual travel insurance. The single trip travel insurance is pertinent for those individuals who do not travel very often. However, on the other hand, if you go on vacation more than twice in a year, the annual travel insurance is the better option for you. But before purchasing travel insurances, you must acquire all the necessary information for getting the best deal. If you follow up this, you can arrive at a comprehensive yet cheap annual travel insurance for senior citizens.

For getting free quotes you can order for it online and can get to know about the different rates for the travel insurance for senior citizen. Your travel must be competed safely and for that you must avail insurance for maximum coverage. Many online providers offer the service but it is necessary to make comparison before signing up any bond with the insurance companies.

Source by James Roy

Funeral bills will start around $6,000 and rise from there (and this is just a basic funeral). While your family will want to give you the best they can, they will be helped enormously with financial costs when you have a funeral insurance policy in hand. Unfortunately, you may not be able to rely on life insurance to pay your financial bills at the time of the funeral. Since most funerals are paid for at the time of death, or shortly thereafter, there has not been enough time for a life insurance policy to pay out (this can take months to years if there is a problem).

Coverage Under Funeral Insurance

Funeral insurance provides your family with a payout at the time that you die. The payout is strictly used to pay for funeral costs, including burial costs. There are a number of different plans available to choose from, but most plans will accept anyone between the ages of 15 to 80 into them. There are no health or blood checks done on you. In addition to this, the overall costs are low, sometimes a few dollars a week. The amount paid out can range widely, but most plans pay about $15,000.

The general funeral insurance plan can have various components to it as well. For example, some plans offer discounts if more than one household or family member is on it. Single and family plans are available, with some family plans offering discounts of up to 10 percent for the second individual.
In some funeral insurance plans, accidental death, such as when you are involved in a car accident, can result in more of a payout, up to double the costs of a standard payout.

Questions for Your Provider

When talking to your provider for funeral insurance, there are a number of questions to ask them.

• How do premiums change over time? Stepped up premiums are common. These start at a lower level and as you age will increase. Level premiums start at a higher level but do not change over time.
• When are premiums paid? Some funeral insurance companies allow you to choose how often you pay for your insurance. This is often every month or on a fortnightly routine.
• What about inflation? Some funeral insurance policies will provide you with coverage that will grow with inflation. Be sure that your plan provides this type of protection.
• Be sure you fully understand the funeral insurance plan prior to getting in on it.

Ways to Save on Funeral Insurance

To save money on funeral insurance, there are a few things to do. First, get quotes from several insurance companies to compare what they are offering (especially the amount of cover and limitations). You will find a large range in pricing for premiums across the board. In addition, many companies have higher or lower cover amounts, which will affect your price as well.

Also, consider an accidental death period. Some policies provide a 12 month or 24 month accidental death period in which there is no payout for those first months of service. Yet, you should be able to get back the premiums you have paid in. This will give you a lower premium cost during those years and beyond.

Don’t forget about inflation. Some policies will not change over time, which means that $15,000 today may still be just $15,000 in ten, twenty or more years (even though funeral expenses have doubled). Ask about a money back guarantee for a limited time if you change your mind.

Beware Before Signing

Prior to signing the contract for a funeral insurance plan, do your homework. Know the average cost of the type of funeral you would like and be sure enough cover is provided. Also, find out what limitations, if any, are placed on how the funds from the policy are spent.

Additional Coverage to Consider

While funeral insurance provides your family with a way of handling the costs of your funeral directly, it is not a life insurance policy. If your family is dependent on your income at this time, then you should have a quality life insurance plan in place which will help them pay their mortgage or other debts without worry.

Source by Clint Jhonson

Seniors searching for life insurance are often confounded by the array of products available. Whole life, Universal, Term? One thing is clear, however, and that is the obvious-sky high premiums.

Many seniors choose to get diluted coverage because of the premium expense, or forego life insurance completely instead of purchasing this asset, which might be extremely worthwhile for their families. The cost of providing for their loved ones is just too high to bear during retirement years.

Are there any alternatives? The answer is, unequivocally, YES! A specific new life insurance for seniors product has evolved over the past few years and it is called Premium Financing. It is not a new life insurance concept, but one that has come to the forefront recently.

Premium financing is where, typically, an independent institutional funder decides to pay the premium for the insured. Financing is done for a period of years, or even for life. Financing rates vary, but are typically related to the U.S. prime rate or LIBOR.

Why would the funder do this? The funder believes that they will get a better return, overall, than investing in traditional financial vehicles. They fund an enormous basket of these transactions, and know through the law of averages, that overall, their returns should yield a few hundred basis points higher than bonds. The institutional funders include Hedge Funds, Large U.S. and International Banks, Pension Funds, College Endowments, and even Insurance Companies themselves.

Why would a senior do this? The senior typically has no out of pocket expenses, or, at most, minimal cash outlay. Imagine getting millions of dollars of coverage with no cash outlay or a few thousand dollars one time total investment.

If the senior dies while the note is in force, premiums and reasonable interest are recouped by the institutional funder, and the balance is paid to the heirs. These new senior life insurance programs are set up so that the proceeds pass to the heirs both income tax free (standard with life insurance), and estate tax free. This is an awesome advantage, once only utilized by the very sophisticated and wealthy.

In some cases, depending upon the initial structure, seniors may even choose to offer the policy for sale into the burgeoning secondary market called life settlements at the end of the note term, continue financing, or even buy the policy outright if their health status has changed.

There are even revolutionary life insurance products, like immediate annuities, which can, in many cases, provide seniors an income for life with no out of pocket expense.

Today’s financial markets offer a plethora of options for Seniors to obtain the Life Insurance they may dearly need.

Source by Jon Thomas

If your dream is to open up your own salon, it is important that you secure your investment with the proper Salon Insurance. Several different aspects of salon-specific insurance need to be researched by shop owners in order to acquire the insurance that will keep their investment secure against several different foes.

Professional Liability
One aspect of Salon Insurance that separates it from the rest is the fact that shop owners need to insure themselves against possible suits from unsatisfied clients. If you perform a service for one of your customers such as color treatment or a haircut, that customer can file a complaint against you if they feel that you damaged their hair during the process.

If you do not have the proper Salon Insurance in place, just one such complaint can lead to a lawsuit against your business that could cost you a great deal of money. However, if you have the proper insurance, if ever a client files a suit against you, any settlement awarded them will be paid in full by your insurance company.

Property Insurance
When you are a shop (small business) owner, you are responsible for both your own property and the property of the beauticians that rent chairs from you. Acquiring the proper Salon Insurance will protect you against break-ins, thefts and robberies. In addition, shop owners can insure their salon machinery (dryers, sinks, etc.) so that in the event that they are broken or stolen during the course of business, the cost to replace or fix them will be covered by your insurance provider.

General Liability
Salons have a large number of clients coming in and out of their establishment every day.
Should one of those clients slip and fall during a visit to your shop, you could be liable for their injuries. For this reason, it is imperative that small business owners in the salon industry invest in general liability insurance. In the event that an injury does occur on your grounds, your insurance will pay all of the damages.

Worker’s Compensation
Clients are not the only ones with the potential to injure themselves while at your place of business. During the course of any given day, there are countless opportunities for your employees to hurt themselves while in your employ. Whether a slip on water that has pooled on the salon floor or it is a burn while using a straightening tool, salon owners need to protect themselves against the injury suits their employees may file against them.

Conclusion

Salon owners take on a lot of responsibility as soon as they open their doors to the public. Investing in the proper Salon Insurance is the single wisest move that a shop owner can make, as it will protect against the many possible damages and lawsuits that may occur over the course of your years in business. Peace of mind is essential for salon owners, as it will free them to both enjoy and expand their entrepreneurial venture. Salon Insurance will keep your property investment secure and your liability for the safety of your clients and employees under control.

Source by Bloom