Insurance Category


Posted On October 3, 2014By adminIn Insurance

Comparison sites regulated in Britain

The British may do everyday things in an odd way — like drive on the wrong side of the road — but when it comes to investigating the different ways in which the consumer can be ripped off, it can sometimes teach America how to make life better. Before coming to car insurance, let’s briefly consider the business practices of Amazon. Now you may think this online retailer is doing a great job by regularly offering discounts on the products it sells. But here’s the problem. When people sign upRead More

Posted On September 24, 2014By adminIn Insurance

The insurance requirements are clarified

The principle underlying the requirement for mandatory auto insurance is “financial responsibility”. Put simply, this says anyone who engages in an activity that puts others at risk of injury or financial loss, should be able to take responsibility to make good all losses. As applied to driving, every state requires the owners of vehicles to be able to show they could pay a guaranteed minimum amount should they cause loss or damage. In most states, this duty can be satisfied by the owner buying a valid car insurance policy. WhenRead More

Posted On September 9, 2014By adminIn Insurance

Tailgate thefts on the rise

When you look at the sales figures for the most popular makes and models sold, the most outstanding numbers come in for pickups. Perhaps in the good old days, this was just landowners and ranchers who needed to get around off-road. Now the ownership of a truck has become a status symbol. People like to project the image of the great outdoors even though all they do is a daily commute past a park. All this would be an entirely harmless way of making a statement but for one veryRead More

Posted On September 2, 2014By adminIn Insurance

The genders are not the same

Everyone knows the car insurance rates are set according to the actuarial tables produced and maintained by the insurance industry. These assess the level of risk depending on who you are, how old you are, how many years you have been driving, what make and model you drive, and so on. It’s also well-known that the young are most at risk of injury or death in a motor accident. Indeed, crashes have become the leading cause of death amongst the young. Given this is an avoidable cause of death, thisRead More

Posted On August 28, 2014By adminIn Insurance

Auto-repair shops take action

If you were to look at the system for repairing damaged vehicles on paper, it would appear to be a good design. Here’s what the car insurance industry will tell you happens: • you report damage to your vehicle which is covered by the policy; • a claims adjuster examines your vehicle and, assuming the cost of repair is deemed reasonable, the insurer will authorize the repair; • the auto-repair shop does the work and returns the vehicle to you in top-class condition; • you are satisfied; • the auto-repairRead More

Posted On August 20, 2014By adminIn Insurance

The uninsured motorist problem

This is a genuinely perplexing issue. Given today’s technology, there should be no uninsured drivers on the road. There are state databases showing all the vehicles registered for use on the public roads, and the insurers have their own records showing which vehicles are insured and by whom. It should be the easiest coding task to combine the two databases and produce a list of all the registered vehicles where there’s no valid auto insurance policy in force. Law enforcement officers can therefore work through the list, visiting all theRead More

Posted On August 8, 2014By adminIn Insurance

Attack the disabled and elderly!

One thing is certain: whatever the disability and no matter how old you are, it’s important you should maintain some degree of independence. This is good for you as a person. Indeed, some would say it’s a basic human right. When it comes to getting around, many remain dependent on people to push them in a wheelchair. But with a little more money available, there’s an increasing range of powered wheelchairs and motorized mobility scooters. So here comes one of the legal issues that keep attorneys in work and outrageRead More

Posted On July 24, 2014By adminIn Insurance

Limits on liability claims

Car insurance is a very simple process on paper. If you own a vehicle and want to protect yourself against losses, you enter into a contract with an insurer. In the circumstances set out in the policy, the insurer will pay out if you suffer losses of the right type. Ah, so what losses are actually covered? Well that’s for the insurer to offer, and for you to accept or reject. In practical terms, no insurer is going to rewrite the terms of a policy just for you. So itRead More

Posted On July 14, 2014By adminIn Insurance

Repairing roads reduces rates

There’s no secret about the way the car insurance industry calculates the annual premium rates. In each state, the insurers look at the statistics on the number of accidents and the cost of the losses. Given all the headings of cost are increasing every year, even if only to match the current level of inflation, there’s a rising trend of cost. In the case of medical expenses, the rise in the cost of treatment is particularly burdensome. So the annual rates also rise. There are only two ways to eitherRead More

Posted On July 7, 2014By adminIn Insurance

The hotspots for theft 2013

Ever since we humans came down from the tress and began to create our high civilization in caves, we’ve been making lists of our favorite things. It all began with the top ten good things to eat and moved on from there. Today, we’ve kept the habit of making lists, but now focus on quite different things, some pleasant, others less so. This being the middle of 2014, enough time has passed to allow the bean counters to add up all the things we were doing in 2013. Some wereRead More