Nine ways to save on home insurance

July 17th, 2010 No comments

Defaqto is promoting a number of ways in which to reduce the cost of home insurance without compromising on cover.

The research firm’s analysis of 297 buildings and 298 contents policies revealed that 19% of policies give a discount for online purchases via the insurer’s website, while 85% discount premiums when buildings and contents cover are purchased from the same provider at the same time.

Eighty-six per cent reduce premiums in return for a higher excess and 67% offer a “no claims discount” when a policyholder proves to be claim free.

Simple security measures also help, with 69% of contents policies offering discounts for intruder alarms; 64% for approved door and window locks and 22% for smoke detectors.

Furthermore 43% of contents policies under scrutiny have more favourable terms for Neighbourhood Watch members and 30% don’t charge extra for payment by monthly direct debit.

Defaqto’s head of research, Brian Brown, says: “We have identified nine ways to get a discount and only one of them – raising the excess – impacts on the actual insurance coverage.”

 

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Life Insurance for Children

July 17th, 2010 No comments

Most of the articles I read about life insurance for children are generally negative. Rarely, it seems, does anyone believe buying life insurance on youth is a good idea.

Yet, I disagree.

I purchased Whole Life Insurance policies on both my children when they were elementary age. These were not huge polices – both are for $30,000.

Why?

1) Buying permanent life insurance locks in a premium at the age in which you are approved. And life insurance on kids is cheap. That means my kids’ policies have a low premium that will never see a premium increase on those policies. Read more…

No-Fault Auto Insurance

July 15th, 2010 No comments

With no-fault automobile insurance policies, the policyholders get paid for their losses from the insurance company regardless of whose fault the accident was. The reality of it is of course that close adherence will be taken to the state law requirements that maintain jurisdiction over the insurance (and require no-fault). The stricter ones may also restrict your ability to sue. Though even then you may have the ability should there be serious circumstances that aren’t addressed within the system. T

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Categories: Insurance Quotes Tags: insurance

California Residents Urged to Take Advantage of Affordable Auto Insurance Option

July 13th, 2010 No comments

Imperial, CA – As Imperial County struggles with major unemployment, many drivers have failed to take advantage of a program that could help them. So far this year, only two motorists in Imperial County has qualkified for the state’s Low Cost Auto Insurance program, an affordable way to comply with the law.

Imperial County residents need an affordable auto insurance option now more than ever. If you drive without insurance, you face potential fines, a suspended license and your car could be impounded. Tha

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Basics of Hospital Expense Insurance

July 13th, 2010 No comments

The point of this article is to help you to the next level and show you what this amazing subject has to offer.

sickbay expense insurance covers the expenses incurred on a serenes hospital vacation, provided he/she already has a subscription in this affection.

upstart has ever lived a life time lacking a bout of illness and a subsequent hospital vacation. This is something inevitable as no one is rightly immune to diseases. And every hospital vacation one has brings with the discharge order a mentality boggling charge – the psychological stimulate of which is more than enough to drive back the condition-regained serene for another few being for cure in the same hospital.

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Helpful small business insurance tips

July 12th, 2010 No comments

Business owners really need insurance to protect their investments and valuable assets, especially if it is a small business, because there are numerous factors that can ruin the enterprise and turn all of your efforts into nothing overnight. Business itself in essence is connected to a lot of risk, but when a small business uses loans and credits for day-to-day operations, any financial loss no matter what causes it may be devastating both for the business and the individual behind it.

Looking at all the risks involved it is evident that insuring a business is a must.

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