Car Insurance

Why Tech Friendly Seniors will have a Better Retirement

The world is becoming more and more technology-oriented. The gadgets we use are only going to get more complex and impressive in their abilities, and greater in their scope. As technology becomes the defining characteristic of our times, it makes sense to shed one’s inhibitions and join the bandwagon.

BRGLogoBigI’ve noticed that older people often shy away from technology instinctively. They are overwhelmed by all the gazillion features that smartphones, ipads, and laptops contain. The Internet simply bamboozles them.

They need not worry though. Even younger people often find no use for the endless features on smartphones. And the Internet, though vast and labyrinthine, is primarily used only for its basic functions, which anybody can learn.

Since today’s senior citizens grew up in a different time, it is perhaps impossible for them to get their heads around how a small piece of technology can become central to anybody’s life. My parents still don’t get how I can spend hours and hourson end just sitting in front of my laptop.

I tell them they can, too.

You have fulfilled all your responsibilities; carried out all your duties; sorted out your taxes, your medication,your auto, health, life, pet, and AARP insurance, and your income and investments are safe and adequate. What’s there to do now?

You can’t be travelling or talking to people all the time, and retirees have a lot of time on their hands. Turn to the Internet for some harmless fun.

Here’s how:

Get your children or grandchildren to teach you online video games. They will keep you sharp.

Social networking will tell you what your friends and family are up to even if none of them bother ringing you anymore.

You can download free photo-editing software and tweak your old photographs with them. You will have so much fun with this, you won’t even realize it’s 2am and that you have to be up at 5!

You can watch an endless number of movies via online film subscriptions, and not just Hollywood movies either.

You can relive your old memories on YouTube by listening to the songs you grew up with.

If you are fond of reading, the Internet is the best thing that could have happened to you.

If there was a discipline you always wanted to pursue but couldn’t, you can do it now. Who cares about attending classes and earning a degree? After all, it’s the knowledge that matters. Love anthropology? Devour the latest research on the Net.

You can keep track of your medical reports, your bank statements, and all your investments in one place.

You can become a better cook than you ever were.

You can create your own music with music editing software.

You can pursue new hobbies, while following online tutorials.

Sign up on forums for people of similar age groups and interests as yours.

If you are alone, try online dating.

Finally, you can start writing for fellow retirees: Create your own blog, or sign up with blogger communities, to share your experience and wisdom with others. You never know who will end up taking heart from your words.

Yes, there is a danger of getting carried away on the Internet, but the more you use it the better you will be able to moderate your use of it.

And while a retired person is busy doing all of the above, they are enjoying themselves to the hilt. And not ruminating about the past, or worrying about a tomorrow that’s looking increasingly uncertain for all of us, regardless of our age. They are focusing on making the most of the time they have now,with the enthusiasm and glee of a child who has just discovered a new world. Sleep on time, get plenty of exercise, watch your diet, and laugh out loud with YouTube videos!

loriLori Wagoner is a marketing and business consultant working with All Car Insurance Companies, which is a realtime online platform for reviews of auto insurance companies, comparison of quotes, and discussion/resources related to the car insurance sector in the U.S. Catch Lori on Twitter @LoriDWagoner.


Everything You Need to Know About Temporary Car Insurance

Sometimes, yearly car insurance just isn’t right for you. Although annual cover is usually the most practical, there can be times when you only want to be insured for a short period. Temporary car insurance makes this possible and it means that you can get insurance that allows you to drive somebody else’s car or allows them to drive yours. It runs from 1 day to 28 days and has a number of practical uses. Here’s everything you need to know about temporary car insurance.

When Might You Need Temporary Car Insurance?

car-financeMost people who get temporary car insurance only use it for a couple of days. One common use for temporary car insurance is long journeys and this is because people want to borrow their partner’s or friend’s car because it is either larger or more comfortable.

On that theme, space is the main reason that people get temporary insurance for vans. Generally, this is because they are moving home and they need something that is larger than their family car. Obviously, this is a huge bonus for both you and your friend who owns the van and probably doesn’t want to act as your personal chauffeur for a few days.

There are hundreds of reasons why you would get temporary car insurance and these range from insurance to drive your new car home or insurance for other people to test drive a car that you’re selling. In addition, short term car insurance is great for students.

What Will it Cover You For?

Temporary car insurance guarantees you comprehensive cover for the car that you’re borrowing and protects your no claims discount when you lend your car to somebody else.

Because of the nature of the cover, you can get quotes in seconds and even be insured within the hour; it is far less complex than getting annual cover and it is much quicker.

Although on a day to day basis the short term cover is more expensive than annual cover, it is still incredibly cheap over a limited time period, and if you want cover for something that lasts anywhere between 1 and 28 days, then it is a good option.

Finding the Right Policy

Short term insurance is widely available and, much like with annual cover, there are large variations in prices depending on the vehicle you’re insuring, your driving record and your level of experience. As you’d expect, some comparison websites also offer the cover, but using tools like an instant quote calculator means that going around individual retailers is relatively quick and you can cover some companies who aren’t on price comparison websites.

To conclude, there are a number of reasons why temporary car insurance is incredibly useful. So, if you want to borrow somebody else’s car or if you want to let somebody else drive yours for a while, then there’s an option for you. Surprisingly, short term cover is relatively cheap too, while still covering you for a multitude of sins.


How to Calculate the True Cost of a Car

Car SalesWhen you’re in the market for a new car, the process of comparing your options can be quite enjoyable. It’s an excuse to read up on all of the latest reviews and news, leaf through glossy brochures and hobnob at auto shows. You may already have a predefined budget in mind and a definite list of features that you consider must-haves in any new car. What do you do when you have narrowed down your choices to two or three key contenders, which seem to offer the same features at the same price? At this level of the process, you’ll need to dig a little bit deeper to find out what distinguishes one from the other. In many cases, this can end up being a factor that’s hard to see at first: the overall cost of the car over time.

Running Costs

There are many hidden fees inherent in owning and operating a car. Naturally, you’ll need to first consider the up-front cost of the car and insurance rates. Beyond this lies a whole world of future costs, depending on your usage patterns and vehicle efficiency. To find out the true price of a car, you’ll first want to figure out the combined sticker price and cost of insurance. Insurance companies weigh a variety of factors into their decision, including the type of car you drive. For example, one reason Opel Astra sales are high at the moment is due to the fact that this car continually ranks as one of the easiest cars to insure. Any car with a high safety rating and decent security system will incur lower insurance costs over time.
Fuel costs are also important to consider, so you’ll want to compare fuel economy carefully. Smaller vehicles, hybrids, or those with diesel engines will cost you less at the pump. Don’t forget to look at the cost of repairs when you are calculating running costs. Models with rare or hard-to-find parts could be quite expensive to fix should something go wrong, and will most likely incur higher insurance rates as a result.

Resale Value

Unless you plan on keeping your new car forever, you’ll probably end up trading it in at some point. Although it’s inevitable that it loses some of its value, some cars retain their value more effectively than others. Try to buy Audi A6 on Carsales or another model which retains over 50% of its value over three years. Cars with a family reputation, high safety ratings, or from a reliable brand tend to do the best. Because a car starts losing part of its value as soon as its driven off the lot, buying slightly used can work in your favour as well and give you more for your money.

True Cost Calculations

To determine the true cost of a car, you’ll need to take all of these various factors into consideration. Depreciation, taxes, fees, insurance premiums, repairs, maintenance, and interest on your car loan should all be factored into the final cost. Fortunately, there are numerous calculators which can help you work out these figures, such as those provided by Edmund, What Car, or Car Plus. These calculate the overall running costs over a five-year period of time, which can help narrow down your final selection of cars to find the most economical fit.


How to Save Your Teenager Money on Car Insurance

The Right CarGetting car insurance for your teen can be pretty tricky. Your teenage son or daughter isn’t experience – the insurance company knows it. If you’re not careful, your child will end up paying through the nose for their policy. Fortunately, it doesn’t have to be that way. Here are a few tips to save your child (and you) money on auto insurance:

Add Your Child To Your Own Policy

It’s tempting to shove your child out of the nest, and put him on his own policy, but this might actually be the most expensive route to take. Yes, it might cause your insurance policy premiums to go up if you add your teen to your policy, but it’s probably not as bad as your child having his own.

Check with your insurer. Sometimes, insurance companies will look at the situation this way: you’re a safe driver. Your teen doesn’t have experience, but you do. Therefore, it’s a safe bet that, if you’re willing to take on your child, your child must be a good risk. After all, why would you risk your good driving record by adding a high-risk child to the policy?

Choose The Right Car

Your choice of vehicle will impact your child’s premiums. Try to go for a used vehicle that’s pretty low-key. A car that has a high-performance engine is usually a bad idea. Insurance companies look at teenagers and sports cars as a bad mix.

Teens are young, by nature, and inexperienced. Put them behind the wheel of a fast car and there’s a high probability of a car wreck. Watch your premiums (or your child’s premiums) skyrocket. Keep your premiums low by getting a 5 year-old “grocery getter.” It’s not sexy, but it will give your teen experience and keep your premiums low.

Safe Driving Courses

Driver’s Education classes are another overlooked way to save money on insurance. When your child first gets her license, she has a unique opportunity to save money. Driver Education programs are different from the safe driving courses you take as an adult, although your child might be able to benefit from those too.

Driver Education gives extensive, and in-depth, education on driving fundamentals and your state’s driving laws. Because of this, and the fact that students must pass both a driving and written exam, insurers often look favorably on kids who go through this multi-month ordeal.

Encourage Good Grades

Good grades pay off. If your child isn’t Einstein, that’s OK. Try to encourage your child to study more, raise his grade average, and be more responsible. Consider hiring a tutor, if necessary. Yes, tutors can cost $45 or more per hour. But this cost pales in comparison to the amount of money you’ll spend year-after-year on insurance premiums if your child continues to get lackluster grades.

While not every insurance company will dole out discounts for “A” students, a fair number of them do. Check with your insurer. In fact, it might be worth shopping around for a company that does reward good grades since your teen might be on your policy for a few years. Every little bit helps.

Gillian Kearney is always looking for innovative ways to save money for her family and friends. She also enjoys sharing her ideas and research through blogging. Visit the Monkey.co.uk site for more ideas.


Five Automotive Features That Lower Auto Insurance Premiums

auto insuranceHaving a good driving record, and years of experience, are a great start to lowering your auto insurance premiums. You can also take defensive driving classes – those should help out a lot. However, there’s more that goes into premium pricing than just your experience. Many times, insurance premiums can be dramatically reduced just by buying the right make and model car. Other times, you can modify your existing vehicle to lower your premiums. Try looking at factors you haven’t considered before.

Age of The Car

The age of your car can dramatically impact the premiums. Too old, and your vehicle might not have the safety features insurers look for. Too new, and your premiums might skyrocket due to the expensive nature of replacement parts on new cars (i.e. replacement or repair on newer vehicles almost always requires expensive diagnostic equipment and the repair or replacement of expensive electrical components).

Try to buy vehicles that are up to 5 years old. If you’re purchasing a vehicle that’s older than 5 years, make sure it has excellent ratings in crash tests and replacement parts are not only plentiful but inexpensive.

Airbags

Airbags are universally recognized by insurers as being an awesome safety feature. Because of this, discounts are basically guaranteed if your vehicle has airbags. It should go without saying that, if you’re buying a newer car, it should come with a driver’s side airbag at minimum.

Look for vehicles with optional airbags though. A passenger-side, rear, and side airbags all add to the safety of the vehicle and reduce auto insurance premiums.

Anti-Sleep Alarms

Ever get so tired while you were driving that you started to fall asleep? That’s a dangerous situation, and insurers know that people who travel long distances (or work the night shift) will eventually have to figure out how to keep from falling asleep at the wheel. Some car manufacturers have capitalized on this by installing anti-sleep alarms.

Lexus and Saab’s systems track driver eye movements while Volvo and Mercedes’ systems are activated when there’s a change in vehicle performance or position. Sleepy drivers are jolted awake – and kept alive. You can bet that insurers will give you a discount for this as almost every one of them sees this as a giant leap forward in safety technology.

Active Theft Protection

Active theft protection includes a car alarm or some type of active anti-theft system that disables the vehicle’s ability to start. Car alarms have come a long way with features that can include infrared wireless ignition shut off – preventing would-be thieves from stealing your vehicle or even finding a wire to cut to disable the alarm. Some alarms also offer anti-hijacking protection. At the touch of a button, the system is armed. When you’re car-jacked, you simply get out of the vehicle and let the thief have your vehicle. As soon as the crook shuts the door, the system activates a countdown countermeasure. At the end of the countdown, the vehicle’s engine decreases speed and shuts off – unable to be restarted. This leaves your vehicle safe, and you can call the police.

Etched VIN Numbers

Etched VIN numbers are new, but insurers are picking up on this trend fast. With etched VIN numbers on your windshield, front and rear windows, your vehicle becomes harder to steal and part out. Everything is traceable and insurers love this as it reduces costs to them. That improved security, in turn, earns you a nice discount on your premiums.

Natasha Risinger is an auto insurance consultant who also enjoys blogging. Her articles mainly appear on personal finance websites. Check out the progressive auto insurance rates from www.autoinsurance.us, visit the link.

Image source :http://www.flickr.com/photos/insuranceinbradenton/8151813732/


What a Car Really Costs

Owning a car is kind of like owning a portable house: there’s more involved than just the cost of the initial purchase and monthly payment. Cars require care and have some very specific and, often, expensive needs. Even during an ordinary year—one in which you take no major road trips or do any significant amounts of driving (other than to and from work and errands around town), the cost of owning a car can be surprising.

Insurance

You have to have car insurance. It’s the law. There is no law, however, that says that car insurance has to be expensive. Insurance can really add up with unnecessary or unwanted coverage charges, so looking into a place like acceptance Car Insurancecar insurance for some good options for your particular budget. Let’s assume that you wind up with an insurance policy that costs you $125 a month. That works out to $1500 for the year assuming that you remain accident free and that your rate doesn’t go up.

Basic Maintenance Costs

Every car needs to have periodic maintenance done on it. You have to take it in for “checkups” every ten thousand miles or so. You need to get the oil changed regularly. You’re going to need tune ups. You’ll need to have your tires rotated (or even put on new tires). The cost of these things is going to depend on the type of car you have, how old it is, how many miles are already on it, etc.

Oil Changes can typically be done for $35 or so, or even as low as $15 if you find the right place. If you do two of those during the year that’s anywhere from $30 to upwards of $70.  A basic inspection with tire rotation for a newer sedan with 40K miles on it costs around $50.  That’s already $120 for the year and that’s without any major work or repairs being done. And the more miles there are on your car, the higher those inspections and “checkups” are going to be.

Gas

Everybody loves to complain about gas prices and talk about getting a bicycle to avoid having to pay the exorbitant gas prices that they see at the pump each day. Obviously doing that isn’t always practical (you live in the US, not the Netherlands). Let’s say you have a 15 gallon tank. At the time of this writing gas is around $3 a gallon. That means it costs $45 to fill up your tank. If you have to fill up your tank twice a month, that’s $90 a month or $1080 for the year.

So where are we? If absolutely nothing goes wrong, no repairs are needed and you don’t do any driving outside of what you do to and from a very close workplace and some nearby errands, you are still going to be paying at least $2700 a year—and that’s if only if you live somewhere with cheap gas!

What Can You Do?

There are plenty of ways to save money on car ownership. Make sure you get a car that has good gas mileage (hybrids are awesome if you can afford them). Shop around to make sure that you get the best rate on your insurance—which is helped by keeping your driving record clean of tickets and accidents. Actually take your car in for routine maintenance checks because skipping them will just result in more costly problems later on. Learning how to do basic things like oil changes yourself can also save you a healthy amount of money.

If you do these things there’s no reason that owning a car should hurt your bank account.


Difference between multi car insurance in US and UK

Difference between multi car insurance in US and UK

Drivers on both sides of the Atlantic can benefit from multi car insurance to cover two or more vehicles listed at the same address. Although there are some differences between what multi car insurance covers in the US and the UK, as well as between different providers in each respective country, there are more similarities.

In the US, drivers can take out a basic liability policy to provide minimal cover for their vehicles, whereas UK drivers are usually encouraged to take out a higher level of cover to offer financial security in the event that their cars are stolen, lost or damaged in accidents. Multi car insurance offers a cost-effective alternative for drivers who are concerned about lowering the cost of their insurance premiums without having to settle for lower cover, as these policies can cover two to five cars listed at the same address – in the US, you may be able to take out insurance for more than five cars, depending on the insurer, though this will usually be restricted to vehicles for commercial use.

The actual savings that can be enjoyed from multi car insurance represent one of the greatest differences between insurers in each country, with multi car insurance in the UK typically offering higher percentage discounts – often up to 33 per cent saving when insuring more than one vehicle on the same policy, compared to just 25 per cent saving in the US. The more cars that are insured on the same multi car insurance policy, the greater the savings are likely to be. It should also be noted that car insurance and other auto expenses are generally cheaper in the US compared to the UK.

There are various factors that will influence the cost of your car insurance too, including the make, model and age of the cars being insured and the age of their drivers. In the US, young and teen drivers are able to take advantage of a parent’s car insurance coverage until they reach 25, whereas all adults in the UK are required to have their own car insurance.

The US is a country built for cars, and this combined with its higher population means there is greater demand for multi car insurance for USA cars, as well as more providers offering these policies. However, this greater availability also unfortunately means a larger number of disreputable firms offering multi car insurance at unreasonable rates or with other inherent problems, making it even more important for drivers in the US to do their research before taking out a policy. UK drivers need to check the credentials of insurance firms too, which can be best accomplished by asking the opinions of people in your family and social circle, or by reading testimonials from real customers online.

Multi car insurance can potentially deliver great savings compared to standard auto insurance, but only when you compare different policies available to confirm that the one you’ve chosen truly offers the best value for your money.


A brief guide to compensation claims

A brief guide to compensation claims

There are many types of incidents that may lead to compensation claims. For example, you may be injured in:

  • road traffic accidents
  • workplace accidents
  • a trip or fall on the pavement
  • medical negligence

If you have suffered pain and discomfort as a result of somebody else’s actions or failure to act it may be worth speaking to a personal injury lawyer.

What will you have to do?

You may be nervous about approaching a lawyer because you are worried about the costs involved. However, compensation claims are often run on the basis of a “no win no fee” agreement. If your claim is not successful, the lawyer does not get paid.

In a “no win no fee” case, a lawyer will listen carefully to the information that you can provide. They will only take on your case if they have a great deal of confidence that you may win. After all, if you do not, they will have been working for nothing!

What the lawyer will typically expect from you includes a detailed account of what happened and co-operation in terms of attending medical appointments and gathering evidence.

Will you have to stand up in court?

This depends on how the case proceeds. First you may have to give evidence in a written down statement which your lawyer will help you prepare. If you are not confident about writing formal documents do not worry as help will be on hand from your team of solicitors.

Before anyone sets foot in a courtroom there is normally a period of negotiation where the parties’ respective lawyers may try to “settle” the claim, which mean that a sum of compensation may be agreed.

If yours is a claim for car accident compensation your lawyers normally deal with the insurance company who insured the person who caused your accident.

If the case is settled at this point (which many are), you may not have to even enter a courtroom. However, if no agreement can be reached, you may have to go to court.

If your case is one of the few compensation claims that does go to court, some cases may be decided on the basis of evidence that has been written down. In the event that your accident claims lawyer does need you to appear in person, you may rest assured that he or she will guide you through the whole process.


The Five Most Important Features of Car Insurance Calculators

The Five Most Important Features of Car Insurance Calculators

A lot of auto owners wonder about car insurance calculators and if they can be an accurate way to determine the costs of different levels of coverage.  Car insurance can be a confusing subject for drivers, especially when there are so many products and features often described with industry jargon and sometimes inscrutable terminology.

But despite all of those obstacles, they are so popular that nearly every car insurance company offers them in one form or another!  How can this be?  What is it about car insurance calculators that make them such a valuable service for auto insurers to provide?

The truth is, just about every customer for car insurance is very sensitive about price, and since car insurance is required for nearly all drivers, with so many auto insurance providers, competition for customers is high.  So, how do car insurance calculators work?

The first series of steps in getting an insurance quote is to determine who is being insured and what kind of vehicle they are driving.  The number of drivers on the policy and their ages are included, then the years of the various vehicles are added to produce a risk profile for the policy.  Older drivers are generally at lower risk for accidents and older vehicles are generally not as expensive to replace.  Both of these factors reduce the costs of premiums, as payouts will be lower in the event of a covered accident or theft.

Since auto insurance assumes the risk for any financial obligations of a covered driver, the next two most important questions are the income and assets of the policyholder and whether they have health insurance or not.  Injuries sustained in an accident could be the responsibility of the health insurer or the auto insurer if the car insurance policy includes coverage for injuries or medical expenses arising from a covered accident.  These two potential risks have an effect on the overall profile.

Car insurance calculators also quite often provide potential customers with ways to select features of their policy.

Among these features is the total deductible.  A lot of car insurance customers will often select a high deductible because it will reduce the premiums on the policy, but those customers sometimes don’t understand is that in the event of a covered accident, the deductible often must be paid in order to obtain the coverages in the policy.  Insurance policies with no deductible cover all of the costs of an accident, damage to a vehicle or theft of a vehicle, with no payments or portions of the damages paid by the policyholder.

In addition to variable deductible settings, something customers should know about car insurance calculators is they allow for the inclusion of different kinds of coverages to see how they will affect the overall cost of the policy and how much each premium payment will be.  Among these different kinds of coverage are uninsured motorist, which is often a very popular additional feature on an auto insurance policy because it gives drivers peace of mind in the event they are in an accident and the other driver has no insurance.

Another type of important coverage is property damage.  This kind of policy feature varies from company to company and policy to policy, but it is also a very important kind of coverage to keep in mind.   Newer vehicles are very expensive to replace, and it’s common in car accidents that there may be parked vehicles, fences, signs, guard rails and sometimes even structures that can be involved in a crash.  All of those potential sources of damages must be covered, and auto insurance comapnies offer property damage liability insurance as one way of addressing the risk.   Higher limits in this category can increase premiums.

Car insurance calculators are a great way to estimate premiums and the costs of obtaining coverage in a variety of circumstances, especially for drivers that are trying to compare coverage’s between two different companies or two different policies offered by the same company.  They are also a great way for customers to become aware of new coverage’s and features that might not be a priority when they are simply comparing policies.  This leads to a better product and a better value for customers of auto insurance companies.

This article was contributed by Theodore Jefferson from www.4autoinsurancequote.com He has been writing on different insurance related topics for the past several years. Theodore is currently studying to become an Insurance agent.

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Purchasing Car Insurance For The New Year

Purchasing Car Insurance For The New Year

The New Year marks a great time to double check you have the right motor insurance. As your life changes, your insurance coverage should as well, but checking your policy is often the last thing on your mind during a life changing event. The wrong coverage could leave you paying more than necessary for coverage and still be left with out-of-pocket expenses in the event of an accident.

Purchasing a New Car

Check your coverage whenever you buy a new car. Collision and comprehensive coverage should cover the complete value of the new car, not the lesser value of the old one. Also, make sure you have adequate rental car coverage to pay for a comparable replacement vehicle if your car ever has to go into the shop.

Purchasing a New House

A new house doesn’t seem like the time to check your auto insurance, but it may help you save money. First time homebuyers should look for the company offering the best homeowner’s discount. People who’ve owned a home before should check whether rates in their new neighborhood are cheaper if they leave their current insurance company.

Marriage

If you’ve got married, shop insurance companies for the best discount on insurance. Discounts for married couples are priced differently, so shop around. You may get a discount for staying with you or your spouse’s old companies, so shop there first.

Birth

A new baby means you need a change in your motor insurance coverage. Verify you have enough medical coverage to cover your new addition. Additionally, some insurance companies give you a discount for a new baby, as babies are signs of increased responsibility and maturity. All companies price these things differently, so shop around.

Divorce or Widowing

A divorce or death is always tough, but it’s definitely time to make sure you’re not overpaying for auto insurance. Make sure the coverage levels reflect those likely to be in the vehicle and you remove any cars you no longer own. The company with the best rates for married couples may not have the best rates now you’re single, so look away from your current insurance provider.

Retirement

If you’ve retired in the last year and you haven’t checked your auto insurance policy, you’re probably paying too much. You can drastically lower your weekly and yearly mileage because you’re no longer commuting, and you may also be missing out on additional benefits for seniors. As always, comparison shop different companies to make sure you’re getting the best discount.

Any of these life changing events should mean you’re shopping for new insurance, but even if you haven’t, it’s still be time to check you’re not overpaying. Periodic pricing changes from the insurance companies and gradual life changes may mean you can get a better deal by looking outside you current insurance company. Why not make a New Year’s resolution to spend less? Shop around for new insurance coverage today.


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