posted
01/02/12
A motoring expert is warning drivers that get convicted of speeding for the first time to expect an average increase in the price of car insurance of 17 per cent.
Anyone found guilty of failing to stick to speed limits faces the prospect of being handed a 60 fine and have three points put on their driver’s license.
Motorists can avoid the fine and three point penalty altogether in some cases however by taking the National Speed Awareness course. This is an alternative to prosecution and is designed to reiterate the risks of driving too fast.
Findings published recently by www.moneysupermarket.com, the leading price comparison website in Britain, found that 72 per cent of those asked would attend the educational programme if offered the choice, while 16 per cent would prefer to accept the fine and points. Fourteen per cent felt taking the course would help them to learn something from it and 53 per cent would enrol to prevent their insurance premiums from soaring.
Peter Harrison is a car insurance expert at moneysupermarket.com and is encouraging motorists to drive responsibly or face the consequences.
Harrison is also keen to emphasise the importance of shopping around online for cover as car insurance for young drivers from MoneySupermarket and for other age groups can work out hundreds of pounds cheaper.
He said: “The National Speed Awareness Course was introduced to give motorists caught speeding the opportunity to re-educate themselves on the effects and dangers involved.
“By attending the course, motorists will avoid the three points on their license and the 60 fine providing it is either the first time they are caught, or that haven’t taken the course within the last three years.
“It’s no surprise the course option is proving to be the most popular with motorists. Insurers clearly take a dim view on policy holders who speed and this is reflected in higher car insurance premiums.
“Motorists can expect to see their premiums rise by around 17 per cent on average for the first offence, and this will continue to increase the more convictions you get. For repeat offenders, some insurers may even refuse to cover you.
“Not only are motorists who flout the law by speeding risking the lives of other road users and pedestrians as well as their own, they also run the risk of adding to the existing headache of sky high car insurance premiums.”
Harrison added: “My advice to motorists concerned by the cost of their car insurance is to always scour the market for the best deal for your circumstances.”
Use the UKs leading car insurance price comparison website money supermarket car insurance for new drivers to check whether you are getting the best deal.
posted
01/10/11
If you cannot decide which policy to buy, take the help of your broker or the internet. However, there is no substitute to a knowledgeable and friendly broker. Although they are just a medium through which you buy a policy, their expertise is always valuable to guide you in selecting the right kind of policy. Unfortunately, sometimes for their petty gain they can also mislead you into selecting the wrong policy. Let us take an example.
A low cost life insurance policy such as a term life is best suited for insurance purpose. We all know that. Financial experts also will recommend only a term life because it can offer a large death benefit at a very low rate. Though, It may not provide any investment opportunity because their low rates cannot permit it. However, brokers often advise their clients to go for expensive policies such as a universal life for the simple reason that such policies offer larger commission than a low cost term life policy can. So be wise. Unless you are sure of the integrity of your broker, you should better undertake some research as well.
You will find plenty of articles on various kinds of insurance policies on the internet. Try to go through them carefully. Studying their quotes also will help you a lot. Today life ins quote is also available online and you can get the information without actually reavealing your identification. Many brokers allow you to do exactly that, although some may ask for your email Id or any other contact information before they allow you to receive quotes.
Let us now start with a short description of different types of life insurance policies. It may not be possible to mention all the types of insurance policies. How, Let us know about some popular policies; Know their merits and demerits before you make any final selection.
Let us first begin with the term life insurance. It is a pure life insurance policy and so the premium you pay does not buy you anything other than death benefit. The policy is valid for a limited term and offers a large death benefit at a reasonable rate, provided the insured dies within the valid period. If you can calculate the coverage term accurately, nothing can be better than this as far as coverage goes. However, it is not as popular as it should have been because most of the buyers have the wrong perception about the scope of a life insurance policy.
People expect their life insurance policies to provide an investment opportunity as well. The whole life, universal life, endowment policies, limited pay policies are some of the more popular investment polices. They provide an insurance benefit if the insured dies while the policy is still valid, but if he feels that he no longer needs the coverage, he can cash them out. However, all these policies are variously priced because the investment potential they offer is also various. Receive their life insurance quote on line and study them side by side to be aware of their intricacies better.
However, when you buy a policy, do not concentrate too much on their price. You must think of their scope as well. A no medical exam life insurance policy, which is also variation of term life policy, may be expensive in comparison, but it also has the following advantages:
* No cumbersome medical exam and hence no waste of time.
* It involves a simpler, less time-consuming process. You only have to answer some simple health questions online.
* There is no scope for interaction with agents and paramedics; this also saves your time.
* The coverage is generally extended within twenty-four hours and so no long waiting is needed. You apply today and if you qualify, your family starts receiving the coverage from tomorrow.
However, the medical test involved in traditional term life policies is of paramedical in nature. It does not involve anything more than blood test, urine test, reading of blood pressure and pulse, measuring of height and weight as well as an in depth enquiry regarding your and your parent’s medical history. The process may seem cumbersome, but not an impossible one. So think twice before you opt for it. Paying at such a high rate throughout the tenure for a policy that doesn’t require medical test is not a great idea; What do you think?
Article by David Livingston of EQuote, who is a specialist in everything life insurance. For more information on life ins quotes and life insurance no medical exam, visit his site today.
posted
07/09/11
An auto insurance quote will tell you if you’re getting a solid deal on auto insurance, or if you’re getting taken to the cleaners. A good quote will also tell you what you’ll be getting for your money, as well as what will actually work for your situation. Getting an auto insurance quote for your vehicle is important for knowing how much you’ll be paying, and avoid paying too much.
Take a long look around at various companies. Whether you use larger auto insurance companies or more local options, it’s all about your preference. You want to be certain you’ve got a solid group of possibilities available to you. You may just be looking for a better deal than your current one, or you may be looking for something new.
Point your web browser at the auto insurance company’s website to start with. In a lot of cases you can get a quote on the Net without talking to any people over the phone. Naturally this doesn’t always work, but going online is usually better if you’re not interested in talking to someone on the phone.
Fill out info such as your type of car, your age and whatever else it asks of you. These will tell you the kinds of discounts you can have, but it may not tell you everything. Some discounts may go into your final price but won’t be included in your auto insurance quote. This is typically just an estimate which tends to change with specifics, but it can give you a great idea to begin with.
Wait until you receive an amount in reply. While this may take only a couple of minutes, it may also make you wait for a while. Every company makes up its own set of rules, but it’s naturally in their best interests to make this process quick.
Sometimes the online options for insurance quotes don’t work properly. So you can always call the company’s customer service hotline and ask for a quote there. This tends to give you your information fairly quickly, but it also adds the hassles of waiting on hold and having to spell out every detail.
Want to find out more about auto insurance quotes, then visit Matthew Heman’s site on how to choose the best auto insurance for your needs.
