Posts Tagged ‘Medical Coverage’
1. Raise your deductible.
A higher deductible on collision and comprehensive coverage can lower your auto insurance rates. For example, increasing your deductible from $200 to $500 could cut your collision cost by as much as 30%. Since the average annual premium is $687, this can save you $206 per year.
2. Drop collision and/or comprehensive coverage on older cars.
If your car is declared a total loss, you will receive the cash value. If your car is 5 years old or older, it may make sense to cancel the collision and/or comprehensive portion of your policy and bank the savings.
3. Avoid duplicate medical coverage.
If you have adequate health insurance, you may be paying for duplicate medical coverage in your auto insurance rates. In some states, eliminating personal injury protection (PIP) can lower your premium by up to 40%.
4. Drive a “Low-Profile” car.
The auto insurance rates are much higher for cars that are expensive to repair, or are favorite targets for thieves. Before buying a car, determine the auto insurance rates.
5. Drive less.
Some auto insurance companies offer cheap auto insurance quotes to motorists who drive less than a predetermined number of miles a year. Consider using public transportation, a carpool or vanpool to commute to work.
6. Ask for a multi-policy discount.
Some insurance companies give a discount if you have your homeowner policy with them also.
7. Ask for a discount based on your credit score.
Some auto insurance companies use the credit score to establish premiums. If you have a high credit score, ask for a discount.
8. Compare auto insurance rates.
When shopping for the cheapest auto insurance, you will find that prices for the same coverage can vary by hundreds of dollars. So, it pays to compare auto insurance rates.
Get free auto insurance quotes at http://www.howtocutyourexpenses.com
With over 20 years of experience as a personal financial educator and counselor, Vernon Williams has developed in depth knowledge of what it takes to achieve financial success. Today, he is a sought after trainer and speaker by organizations from both the public and private sector. He is the author of 425 Ways to Stretch Your $$$$ and 3 Rules that Guarantee Financial Success. Go to http://www.howtocutyourexpenses.com for money-saying tips.
Vernon Williams
http://www.articlesbase.com/insurance-articles/low-cost-auto-insurance-8-ways-to-cut-expenses-692601.html
Life is to short… yes it’s true. We don’t have any idea when will the Creator take the life He given us. We don’t know when the unfortunate events, such as accidents, would strike. Accidents, particularly road accidents, happen in different states almost everyday. Here are the different types of auto insurance coverage that is right for you and your family.
You must carry auto insurance to protect yourself and your car. For those same reasons, the government also requires you to have car insurance.
In the state of Florida, there are minimum requirements that they require you to carry – the property damage and personal injury protection. Property damage covers another person’s vehicle if you are at fault in an accident. Personal injury protection covers 80% of medical expenses and 60% of loss wages as well as up to a five thousand dollar death benefit for you and your relatives that reside with you, minus the deductible if it applies. This coverage would protect you in case there is any damage to other vehicles and gives you medical coverage for yourself.
You can select from the different type of auto insurance coverage. Well it depends on what you want to be covered and what you can afford. Besides the minimum requirement coverage previously mentioned, there is another type of coverage that is very important, bodily injury.
The state of Florida doesn’t require you to have bodily injury coverage until you get into an accident. This would cover you if you were at fault in an accident and the person in the other vehicle suffered injuries exceeding their personal injury coverage. The other party has the right to see and the state may place a financial responsibility on you motor vehicle report that would last for 3 years, if you did not have this coverage. That financial responsibility is called SR22.
Another coverage is the uninsured motorist. It covers you if the other party was at fault and you were injured exceeding personal injury coverage and they didn’t have bodily injury coverage. You may see this kind of coverage to cover the difference of your injuries.
The two more important types of coverage that you might want to consider are the comprehensive coverage and the collision coverage.
Comprehensive coverage would cover your vehicle in the event of fire, theft, vandalism, hail storm damage or any natural causes minus the deductible you agreed upon purchasing your insurance. On the other hand, the physical damage to your vehicle, if you were at fault in the accident, minus the deductible, would be covered by the collision coverage. The insurance company would pay the actual cash value of your vehicle. Comprehensive and collision coverage are possibly required by your lending institution if your vehicle is financed.
Extra medical payment coverage can also be provided if you are interested. There are many types of coverage to choose from. With the help of the web, you have a vast amount of knowledge at your fingertips to help you choose the best coverage for you and your lifestyle.
All types of coverage are important, but it still depends on what you can afford. But then, having an insurance must be one of your main priorities, knowing that your life and your family are much more important than anything else.
Roxel Pudol
http://www.articlesbase.com/insurance-articles/types-of-auto-insurance-coverage-90148.html
The truth is; most Mexican auto insurance brokers will NOT tell you that auto insurance, when driving in Mexico is not enough.
The fact of the matter is that if you get into an accident, there is a VERY high likelihood that you will need emergency assistance… particularly in Mexico where the severity of accidents can be much worse than in the United States.
Additionally, most people consider health insurance a MUST … but your health insurance policy here in the United States usually does not cover an injury or medical evacuation in Mexico.
This means that if you get Mexican auto insurance for your trip, and you end up NEEDING it, your United States health insurance will not cover any injuries.
Of course while it is true that Mexico does have a health system that gives free medical coverage to its citizens, those facilities are not available to foreigners. If you’re from the U.S. you will need to use a more expensive private clinic.
Then, it’s no secret that legal officials in Mexico may attempt to take advantage of visitors from north of their border. If you’re in an accident, you may certainly need legal help, which means you’ll want your auto insurance to cover those matters as well.
The truth of the matter is that most Mexican auto insurance brokers do not sell auto insurance that adequately covers emergency medical assistance or legal assistance. Emergency medical assistance services are so restricted among most auto insurance carriers that the Red Cross and a whole host of other international relief agencies use ONLY ONE company for their travel to Mexico and throughout the entire world.
On top of that, most of these service contracts are written with such low limits and so many exclusions as to render them potentially worthless.
To make matters worse, many brokers sell “Emergency Medical Evacuation Services” that end up being subcontracted to a third party vendor in Mexico who often uses additional subcontractors. In other words, the services provided are not being performed by the company you’re giving the money to.
You can get an excellent comparison of these plans by going to Assist America Comparison Chart. Once there you will quickly see why the American Medical Association, The American Cancer Society, the Red Cross, and on and on all rely on this one company to ensure emergencies are properly and appropriately handled.
To learn more about Mexican auto insurance, how to get the coverage you want at a price you can afford (without getting ripped off by some fly-by-night scam artist), see “Is Your Mexican Vacation Covered” http://tinyurl.com/y5hz5q.
It was written by Linden Gray, an international insurance veteran with over 29 years of wholesale, retail, and direct insurance experience. He represents the only company deemed to adequately and inexpensively cover the various international relief agencies for their trips to Mexico (and as such, people that work for those agencies tend to use this company for their vacations to Mexico). Further, as the Director of MexicanInsuranceStore.com he runs the only “direct to consumer” insurance agency that I’m aware of that represents the company used by those agencies.
Arnold Ulloa
http://www.articlesbase.com/finance-articles/the-truth-about-mexican-auto-insurance-81368.html
Before the Internet came along the only way you could compare auto insurance prices was to spend half a day going to insurance offices, or calling insurance agents, to get enough quotes to get a good rate.
Now all it takes to get a cheap auto insurance rate is to spend a couple of minutes online in the comfort of your home. You don’t even have to spend time surfing different insurance sites because there are insurance comparison sites that will allow you to get rates from different companies all under one roof.
All you do is fill out one online questionnaire to get multiple quotes from different top-rated auto insurance companies in your area. It’s fast, it’s easy, and it’s free.
How to Compare Auto Insurance Prices Online
Here’s how to compare auto insurance prices online quickly and easily …
1. Be aware of the discounts you can get. The top three ways to save money on your policy are:
* Raising your deductible – this can save you $500 or more on your insurance.
* Dropping your collision coverage if you have an older car.
* Dropping medical coverage if you’re covered by medical insurance.
2. If you have a policy, have it handy so you can refer to it to answer questions on the online questionnaire.
3. After you choose the best insurance rate, check the company’s ratings at JDPower.com to make sure the company you choose is reliable and will give you good service.
4. When you get your policy read it over carefully to make sure you’re getting all the deductions you can, and all the insurance you need.
Bottom Line
Is it worth spending a few minutes of your time to compare auto insurance prices online? Most definitely.
When I went comparison shopping a few years ago I was able to save more than $450 on my yearly premium.
Visit http://www.LowerRateQuotes.com or click on the following link to compare auto insurance prices and see how much you can save on your auto insurance. You can get more auto insurance tips by checking out their “Articles” section.
The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on how to compare auto insurance prices.
ryan@thesatellitetvguide.com
http://www.articlesbase.com/insurance-articles/compare-auto-insurance-prices-the-quick-and-easy-way-107427.html