Auto Insurance

Auto Insurance. 1. You can save several hundred dollars a year by purchasing auto insurance from a licensed, low-price insurer. Call your state insurance department for a publication showing typical prices charged by different companies. Then call at least four of the lowest-priced, licensed insurers to learn what they would charge you for the same coverage. 2. Talk to your agent or insurer about Guide to insurance buying. Homeowners insurance can vary tremendously both in coverage and in price. Select a company based not on price alone, but on service quality. Each company is unique. But, there are a few ways to ensure you get the most for your insurance dollar. Before you buy: Consider homeowner's insurance before you purchase a home to save between 5 and 15 percent. Some insurance providers discount property coverage if your ho Insurance major terms. Additional Interest Insured: Another person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy. Anti-theft Device: Recovery device that is capable of tracking (homing) and recovering the vehicle. These systems must automatically contact a response center where the process How to decrease your Auto Insurance price 1. Shop Around: When looking for a new policy, get at least three quotes. And if you really want to save, gather several more than that. Rates for comparable coverage can vary by more than $1000 for one year worth of coverage. 2. Get All Available Discounts. Discounts can vary widely by company as well as by state. 3. Increase Your Deductible. Your deductible is the amount How to decrease your Life Insurance price? 1. Don't rely solely on the life insurance offered by your employer: Don’t count on your employer coverage; the employer amount of coverage is usually not enough to adequately meet your life insurance needs. 2. Compare prices and Negotiate. 3. Never buy more coverage than you need: If you have more life insurance than you need, you'll be paying unnecessarily for higher
Tips for First Time Insurance Buyers Decide how much insurance you need: You can protect yourself financially by purchasing insurance. How much insurance you need depends on a lot of factors including how much you owe and own, how much your assets are worth, whether you have dependents, and how much out-of-pocket cost you could afford to bear. Comparison shop: Once you've decided 6 Ways to Cut Your Medical Bills 1. Practice prevention: Be healthy- take advantage of wellness programs, maintain a healthy weight and exercise regularly. 2. Shop around for health insurance: To get good coverage at an affordable price, shop around. Because premiums vary widely, you'll probably save money if you get quotes from several companies. 3. Cut the cost of prescription drugs: Prescription costs Insurance related articles & information:
Insurance Saving money tips
Guide to insurance buying
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Tips for First Time Insurance Buyers
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Risk Limiting Features

An insurance policy should not contain provisions that allow one side or the other to unilaterally void the contract in exchange for benefit. Provisions that void the contract for failure to perform or for fraud or material misrepresentation are ordinary and acceptable.
The policy should have a term of not more than about three years. This is not a hard and fast rule. Contracts of over five years duration are classified as ‘long-term,’ which can impact the accounting treatment, and can obviously introduce the possibility that over the entire term of the contract, no actual risk will transfer. The coverage provided by the contract need not cease at the end of the term (e.g., the contract can cover occurrences as opposed to claims made or claims paid).