How to get best auto insurance rates for your vehicle
Posted on January 27th, 2012
Auto insurance rates vary from people to people depending on a lot of different factors. The rates differ not only for the people but they are different for different cars as well. Though the auto insurance companies work to ensure that the financial security of the investors is maintained even in a crisis situation, but the main of any business is to finally make money and to grow by achieving the task of serving their clients. Due to this motive of the auto insurance companies it is easy for the investors to find ways and get discounts on the premium amount.
How does one get them?
People buy auto insurance due to the necessity that it holds, however it is really not necessary that a person might need to avail of the services of the auto insurance company while the term of the policy lasts.
Tags: Auto Insurance, Auto Insurance Rates, Insurance Rates, Rates
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Federal Court in Texas: No Business Interruption Coverage for Insured’s Reduced Operations After Ike
Posted on January 24th, 2012
In , the U.S. District Court for the Southern District of Texas granted summary judgment in favor of a commercial property insurer in an action brought by an insured motel owner for wrongful denial of a business interruption claim arising from property damage caused by Hurricane Ike. The Court held that the policy did not provide coverage for the reduced business operations experienced by the policyholder.
H&H Hospitality L.L.C., the owner/operator of a motel located in Spring, Texas, was the named insured on a commercial property insurance policy issued by Discover Specialty Insurance Co. In September 2008, Hurricane Ike damaged the hotel, rendering approximately 40 rooms unrentable, but other rooms remained rentable and were rented following the storm.
Tags: Texas, Texas No
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6% of British drivers would swap penalty points
Posted on January 20th, 2012
New research from LV= car insurance has found that 6% of British drivers would take penalty points for someone else.
Many UK licence holders (3,823,544) already have points, with 82% of points being handed out for speeding.
Speeding warrants between three and 12 points, and should 12 be accumulated by a driver then they are usually banned from driving altogether.
Two-thirds of those willing to take points for another said that they would take points to prevent a friend from being disqualified.
Lying to police and taking penalty points for someone else are both illegal, and will prove more difficult as a new police speeding camera records both a vehicles speed and the drivers face.
John ORoarke, MD of LV= car insurance, warned that it was easy for the police to match photos (using DVLA information) and ascertain whether the person taking points is the vehicles driver.
Tags: British Drivers Would, Drivers Would, Penalty Points, Points
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Specialty Vehicle Insurance
Posted on January 16th, 2012
Most motorized vehicles that do not qualify for a standard auto policy fall under the purview of specialty vehicle insurance. Specialty vehicles are typically licensed, but they may or may not be used on public roads. Examples include recreational vehicles, snowmobiles, golf carts, ATVs, and scooters. These vehicles are just as capable of being involved in an accident as standard automobiles, which is why most carriers offer the same sorts of protections that come with a traditional policy. Below, you’ll find the answers to some of the most commonly asked questions about this unique form of coverage.
When carriers refer to recreational vehicle insurance, the policy will typically cover vehicles like motor homes (Classes A-C), campers, and motor coaches.
Tags: Insurance, Specialty Vehicle, Specialty Vehicle Insurance, Vehicle Insurance
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States using vanity plates to supplement budget problems
Posted on January 15th, 2012
In an effort to battle an ever-growing budget crunch across the country, many states have started charging significant amounts of money for personalized license plates, according to The Wall Street Journal.Some parts of the country have historically charged as little as $5 for the specialized car accessories, but recently Texas prices hit as high as $15,000 for a plate which read FERRARI.Many states are raising surcharges and proposing annual fee hikes for these personalized plates, but the Lone Star State Star took it even further. Texas hired a private company to raise $25 million over the next five years with a license plate auction, the newspaper reports.
Tags: Budget, Budget Problems
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Compare Auto Insurance After a DUI
Posted on January 10th, 2012
If you or someone you know has gotten a DUI, Fox Business article DUI and car insurance: What happens next?
Tags: Auto Insurance, Dui
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Important Guidelines for Business Car Insurance
Posted on January 2nd, 2012
There is a huge difference between private car insurance from a business car insurance even if the driver is using his or her car for private and for business purpose. Many car insurance companies suggest a car owner to get normal personal insurance for their car if there is only one driver who is driving the car, but business car insurance is much better if its specialized coverage.
For example, if you are an owner of a small logistic enterprise that deliver goods, then the car that will carry out the delivery will be handled by different individuals. If you are handling hazardous or a high risk item like a chemical substance and the car encounter an accident while transporting this item, then business car insurance can save you from huge trouble.
Tags: Business Car, Business Car Insurance, Car Insurance, Insurance
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