Practical Car Insurance

by: Christine Zafra

Due to the faltering economy, many people resort to doing bad things. From a simple shoplifting to ease the hungry mouths of the thief’s kids to car theft, these things vary. There are 4 simple ways outlined by Crime Bureau and you must follow these religiously if you would want to see your car again.

1. Have some common sense. Lock your car and take your keys—as easy as that. Don’t leave it unattended.
2. Use warning devices. Do you hear that irritating noise coming from outside? That’s the alarm I’m talking about. I guess the irritating noise in fact has a purpose as to why car securities made the alarm irritating.
3. Immobilize your car. Yes, you can actually do this with some of the newest cars right now using their smart keys. For old cars, you can have your car’s fuel cut off or what they call kill switches if ever you’re away. That simple.
4. Place tracking devices inside your car. This may sound a bit paranoid to you, but no, it’s actually the most effective among the 4. If you see your car moving, yet you’re not inside it, then that smells trouble. Make sure you put the device somewhere unseen!

Photo taken from http://www.automotiveblogger.net

by: Christine Zafra

Do you wish you could buy that red convertible or maybe that blue Pontiac you’ve seen on the internet ad? Then go ahead, it won’t affect your car premium anyway. Yes, you heard it right. It won’t.

Many people believe that upon purchasing a premium, the insurance company will actually know all the specs of your car—including color. No that is not true! Others even think that premiums vary depending on the color of one’s car! Not true again. These companies do not have any idea what color your car is, not unless they ask you upfront before you sign up the forms.

Photo taken from http://www.astrolife.com

In a report by Jayne O’Donnell of USA Today in Yahoo! Buzz Digg Newsvine Reddit FacebookWhat’s this?, it says that there are some latest safety gears which are considered by many automakers as industrial breakthroughs and can save more lives than ever actually have limited safety value. Example is the “crash avoidance” device which is considered by many automakers and federal safety officials as the best contender to lower the annual U.S. death toll connected to car crash accidents. Compared to seatbelts and air bags, the “crash avoidance” device is designed not just to minimize injuries caused by crash but prevent them. However, the IIHS says some of these devices may not work accordingly because drivers tend to disregard their purposes.

Who Files the Most Insurance Claims? Men or Women?

The Battle of the Sexes – Do Men Really File More Auto Insurance Claims Than Women?

Well, I hate to break it up to you… but According to the National Highway Traffic Safety Administration’s 2004 Early Edition Report, male drivers were involved in 27,000 more fatal accidents, 432,000 more injury crashes and 1,369,000 more property-damaged incidents than female drivers – which inevitably equated to 1,828,000 more insurance claims in a single a year.

Sorry guys, the ladies win.

And it’s not just male drivers between the ages of 18-24 that are making these insurance claims – it’s men of all ages.

“By nature, men are generally more aggressive and tend to engage in riskier driving practices, such as not wearing their seat belt, speeding and driving under the influence,” says Ohio insurance agent, Brad Vermillion. “Men also typically drive more miles than women do over the course of their lifetime, which increases their risk of being involved in an accident and the amount of auto insurance claims they could potentially file.

In United Kingdom, it has been a usual joke that the most hazardous drivers in the road are not the males, but the females. Some do expect that girls may find this joke irritating, but the truth is the males are the ones who are paying much higher amount for their insurance.

Why is this so? Female drivers encounter a few road accidents compared to the males. The insurance companies feel the female population is more or careful with driving that’s why they are the ones who have the lower risk to be insured. It is also the main reason why they tend to give big discounts to our female drivers.

There are factors that can greatly influence the amount of your premium rate. One factor is your gender. Statistics show that men are involved in more accidents than women do. This can be accounted for to men being more aggressive. Insurance companies charge lesser premiums to women than men. Another factor is your age. The older you get, the lower you pay for premiums. Insurance companies consider young drivers at higher risk to accidents. Your marital status is another factor to your premium rate. It is believed that married drivers are more careful drivers than single drivers so they pay less. The type of vehicle and its purpose are also taken into consideration.

Those frequent car renters who usually enjoy the savings they get from the cost of a collision damage protection provided by their credit card companies should be attentive to any new rulings of their credit cards provider. There is a possibility that the protection they used to enjoy is fading. Major credit card companies like American Express, and credit cards issued by Chase Manhattan Bank such as Visa card and Mastercard are reducing their benefits. The American Express will no longer provide coverage in Italy and New Zealand and they have limited the number of companies in the US to which they will provide a C.D.W. alternative. On the other hand, standard Visa and Mastercard will totally eliminate coverage.

by mheo soriano

The LoJack Vehicle Recovery System

One of the best ways to protect you car is to install an antitheft device in it (if it doesn’t have any). Although the car insurance companies may have everything covered, losing your car for a few days with the insurance company verifying the case would prove to be a hassle.
The Lojack Vehicle recovery system is operated directly by law enforcement agencies. Whenever a stolen car is reported, the LoJack Car Anti-Theft Device is immediately activated, leading the police to the location of the stolen car.
The LoJack car anti-theft device is so small that it can be hidden in 20 different parts of your vehicle making it difficult to find even to professional thieves..

visit LoJack’s site for more info.

There are states that are considered fault states and there are some that are considered no-fault states. You actually have no choice about this matter because the situation will depend on where you live. The no-fault insurance sidesteps the usual procedure of legally finding the fault in an accident. In this type of insurance there is no need for the lawyers, the court, the judge, not even the jury to prove that the accident was the fault of the other person. In the process, the company saves on the legal fees. On the other hand, a fault insurance requires that you prove that you are financially responsible in paying whatever damage or injury the accident have caused.

When you have decided to purchase a specific car, there are 5 in depth facts that you need to know about the car. First, the reliability record of the car and its repair record. A superb guide about this matter is taking a look in the Consumer Reports. Then take into consideration if the manufacturer had problems or have previously recalled the car. The best way to have a recall guide is to look for Consumer Guides like the Used Car Rating Guide. Third, if possible, talk to the previous owner if he has any dissatisfaction and even satisfaction with the car. This will be your guide regarding the suggested price and the amount of the estimated markup placed by the dealer on the car.