Accident Damage InsuranceIn addition to buildings insurance and contents insurance, most insurers offer accidental damage insurance for a small additional fee. If you're clumsy, have excitable children or simply have a lot of breakable stuff in your house |
Critical Illness InsuranceCritical illness insurance pays out a lump sum if you suffer from one of a range of specified health problems. Although critical illness insurance is sold by life assurers, it actually has nothing in common with life insurance. For a start, you don't have to die to benefit from the critical illness insurance policy. This insurance is designed to pay out a (tax-free) lump sum in the event of you suffering from a serious illness or if you have to undergo certain types of surgery. |
Life InsuranceLife insurance provides money for your family if you die. If can be used to pay off a mortgage, other debts and to provide a regular income. In essence, the whole idea of life insurance is to pay off your debts and support your dependants by replacing some or all of your income if you die. You pay premiums to an insurance company, usually monthly or annually. In return, the insurance company will stump up an agreed amount - the 'sum assured' - if you die during the life of the policy. |
Home Owner InsuranceHome owner insurance is the Holy Grail for insurers: you're a good risk financially, you're more likely to be careful than people who rent their homes, and it's statistically unlikely that you'll have wild drugs parties or demolish your house with home-made explosives. |
Cheap Home InsuranceIf you're looking for cheap home insurance, you'll be very happy if you're over 50, live in a quiet area and have a burglar alarm; you'll be less happy if you're a student who works in a nightclub and rents a flat. Internet insurance firms offer incredibly cheap home insurance, but only to people who are pretty much a safe bet. |
Auto PolicyPicture this scenario: A woman leaves her car securely locked and safely parked on a quiet side street. But the unexpected happens. When she returns, her car is severely damaged. This scenario has a happy ending. After the initial shock, she calls her insurance agent. The agent guides the woman through the claim process and explains that her car policy’s collision coverage will pay the cost, after the deductible is met, to repair her car. |
Ways to Avoid Auto Insurance FraudIn the United States alone, auto insurance fraud costs both consumers and insurance companies multi-billion dollar figures yearly. Perpetrated by criminal rings and other law-breaking individuals across the country, auto insurance scams use the element of surprise, convincing stories and complex scams to cheat innocent people out of thousands of dollars. Within this article, I will discuss the most common of auto insurance scams and the absolute best ways to avoid them. |
Ten Ways of Saving on Auto InsuranceIn light of the recent recession that has graced our economy, even greater pressure has been placed on workers and families to try and save money. More so than regularly, uncertain times like these call for the ability to cut costs and save a lot of money in the long run a necessary one. Saving money on auto insurance is actually quite easy and only requires a little “insider know-how” before you’re saving hundreds on auto insurance annually. |
Insurance Minimum and Optional CoveragesAccording to a review of the California Department of Insurance Automobile Insurance Manual done on February 8, 2008 - the minimum car insurance requirements are as follows: |
Rates up for many driversCustomers of the state's largest auto insurers are seeing rates jump this year an average of 1.8 percent to 12.4 percent. Farmers, State Farm and Allstate began notifying state regulators about the increases in late December. "For a few years now we've seen auto rates either flat or decreasing, but there is a cyclical nature to insurance rates, so it's not unusual to see some upward movement," said Jerry Hagins, a spokesman for the Texas Department of Insurance. |
Insurance Fraud and Auto-TheftJim Gibbons, Nevada state Governor, has announced that he will form a task force to fight auto theft and organized insurance fraud in his home state. The Nevada auto insurance industry and its insurance premiums have been greatly affected in the past decade due to organized crime throughout the state, from criminal auto-theft rings to the almost daily defrauding of Nevada auto insurance companies. Insurance scams run rampant in Nevada’s two biggest cities, Las Vegas and Reno |
Auto Insurance ClaimThe reason you have car insurance in the first place is in the rare event of an accident, you must file an auto insurance claim. The ability to process auto insurance claims is the reason you pay hundreds of dollars a year for your premium, and serves as the basis for why the government has made auto insurance a mandatory expense. More than 220 million vehicles clog American streets every day, and with that number increasing, so do the chances of an auto accident happening to you. |
San Diego Auto InsuranceJust as in most cities throughout the United States, San Diego auto insurance is a mandatory expense for the residents of this fine city in California. Drivers who fail to purchase the proper San Diego auto insurance coverage are driving illegally, especially in this California city which has one of the highest rates of traffic accidents in the country. San Diego is a busy town with often-crowded streets even outside of rush hours, so the refusal to purchase auto insurance in San Diego is a financial death wish. |
California Department of InsuranceThe California Department of Insurance, also commonly referred to as CADOI, hosts one of the most informative and helpful state department websites in the country. The Department of Insurance in California is responsible for a wide variety of |
Alabama Department of InsuranceThe Alabama Department of Insurance, or ALDOI, is responsible for a wide variety of tasks throughout the great state of Alabama. The mission statement found on the department’s website reads, “Our mission is to serve the people of Alabama by regulating the insurance industry, providing consumer protection, promoting market stability, and enforcing fire safety standards and laws.” |
