Post-accident to-do list
Posted on January 31st, 2010
The weather conditions should not affect anything. Of course, it is clear to everybody that in winter accidents are more frequent, but you also have to remember that avoiding an accident is much more valuable than knowing how to recover from it. But in case you did end up in an accident please know what to do. Let us try to explain everything you will require to understand while finding yourself a victim on the road. Here are a few very strong advices that will definitely help you to get through a difficult time of your life.
We would want you to read these points carefully and if you have an opportunity to print the information given below please do and make sure you keep it not to far away.
First of all it is important to take a deep breath and not to panic.
Cell Phone Use Is Not Significantly Responsible For Collisions, Study Says
Posted on January 30th, 2010
A nonprofit organization funded by the auto insurance has conducted a study that says that the introduction of laws which ban cell phone use while driving may not significantly lessen the risk of accidents on the road.
Highway Loss Data Institute, the organization responsible for the study which was published in late January, says that the problem may actually lie with ‘distracted drivers’ themselves.
Monthly collision claims take from four US states which bans cell phone use while driving were the focus for the research. Com
Tags: Cell Phone, Cell Phone Use, Phone Use, Says
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Chubb announces Q4 and 2009 results
Posted on January 29th, 2010
The Chubb Corporation has reported that it made net profits of $695m in the fourth quarter of 2009, equating to $2.03 per share.
This marks an increase of over 50% compared to Q4 2008, when the firm made $407m net profits, or $1.13 per share.
It was also a significant improvement on the Q3 2009 figures, when Chubb saw net profits hit $596m, equating to $1.69 per share.
Operating income was $569m, the same level as recorded in Q4 2008, although operating income per share rose by 5%.
For 2009 as a whole Chubb made $2.2bn net profits, or $6.18 per share, an improvement on the $1.8bn made in 2008, ($4.92 per share).
Chairman, President and Chief Executive Officer John D.
Tags: 2009, Q4 2009
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Average car insurance costs rise above £1,000
Posted on January 29th, 2010
Wintery weather has seen about 30% more claims than normal, the AA said. Photograph: Frank Baron
Drivers look set for a nasty shock when they renew their car insurance this year, after premiums recorded their biggest ever increase during the last three months of last year.
According to the latest AA British Insurance Premium Index published today, the average insurance quote for those shopping around for a renewal rose by a wallet-busting 11% between September and December.
Overall, the average quoted comprehensive premium rose by 7.2%, sending it through the £1,000 a year barrier for the first time.
The quarterly index shows that the average “shoparound” premium – based on the three lowest quotes for a customer, which most closely resembles what buyers actually pay – accelerated steadily over the year, adding more than 22% to the typical comprehensive quote over the past 12 months. It e
Tags: Car Insurance, Insurance
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Comparing the Pros and Cons of No Money Down Loans
Posted on January 28th, 2010
If you are considering ways to borrow money, you may be presented with no money down loans as an option. No money down loans give you the ability to finance 100% of the money you need without coming up with anything out-of-pocket. However, they are not without some drawbacks as well. Here are a few pros and cons of no money down loans.
Pros
- Save cash- The biggest benefit of going with a no money down loan is getting to keep your cash in hand. When you do not have to come up with any money for the loan, it allows you to hang onto your assets. Having cash in your account can make things a lot easier overall and allow you flexibility with the loan moving forward.
Tags: Loans, No Money
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Planning renovation work
Posted on January 27th, 2010
Although it may seen odd to talk about spending money on your property during a recession and a credit crunch, this is the time when you may be most at risk if you start changing things around. Let’s start with a simple question. One of the results of this downturn has been a dramatic increase in the level of unemployment. So many more people have either found their hours cut or they are out of work. But what to do? The bills are still there to be paid. The obvious answer for some is to start running some kind of business from home. Even if your efforts only produce a few dollars of profit a week, that’s a few dollars more than you would have had. Exc
Do you know what your insurance contains?
Posted on January 27th, 2010
When dealing with a health insurance plan, whether a new one or the one you have already purchased, the specific language of its contents can be confusing for most people. All these provisions, coverage options and payments make little sense unless you are an insurance expert. And it’s not that rare that a person asks what does their policy provide even after having it for some time.
Don’t worry, we are here to help you. Below you will find the most commonly used health insurance terms you will find in any policy with brief and comprehensive explanation that will help you understand your insurance policy better.
Deductible
Deductible is the sum of money the policy-holder has to pay out of pocket before the policy benefits will kick in. Thi