Thousands of UK motorists relying on urban myths and not reading the small print on their car insurance policies are running a major risk of not being covered to the extent they think they are, according to new research. (more…)
Free Auto Insurance Quote are now easier to get in a one-stop-shop directly from http://syubrawi.com/auto-insurance Requesting a quote online typically results in savings of up to $500 per year and it will only take a couple of minutes before you can receive quotes and results. (more…)
A legislative committee is expected to discuss a proposal Thursday that critics say could hike some auto insurance rates as much as 20 percent a year. The proposed legislation would allow insurance companies to set their own rates instead of having the state commissioner of insurance do it, as happens now. North Carolina has the sixth-lowest rates for auto insurance in the nation, with drivers paying an average of $602 a year. (more…)
Many of us know the feeling of getting our car insurance bill and thinking, “Again!? Didn’t I just pay this!?” Car insurance is one of those unavoidable (in most states) expenses.
We wanted to find out from an insider exactly what goes into those prices and what we can do to keep our car insurance costs down. We talked to Patrick Lawson, a 25-year veteran auto insurance agent. (more…)
(NAPSI)-Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they’re buying.
In the rush to feel “covered,” they can skip the details. That can lead to frustration.
Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies: (more…)
I am buying a new car and found cheaper rates than Geico with Allstate. Problem is, I am one month into a six month term for my old car. I have already paid for the six month term. Will Geico have to refund my money if I were to switch?
Contact Geico Customer service at 1-800-841-3000 24/7 and ask to quote your new vehicle, new vehicles are sometimes less expensive due to better safety equipment and other underwriting criteria.You also want to compare the policy coverages and benefits, what seems to be less expensive now can cost you in the longrun. if after that you still want to cancel Geico will refund any unused portion of your premium paid when you provide them with proof of insurance at Allstate, you have to purchase the Allstate policy first then Geico will reimburse you.
They will have to refund you the remainder of your money after deducting for the one month you used.Yes, cancel that policy and they will send you a check for the balance of your unused insurance….about 5 months worth. It would be worth a call to the agent to make sure that there are no penalties….but I know that I have canceled insurance before and received money back.
Yes, any unused insurance is refunded… not only will you receive a partial month, any DAY you haven’t used you will get back… it’s prorated based on days.
Most personal policies ( Auto and Home) do not charge a penalty for canceling early. They will only charge a pro-rata ( the actual time the coverage was in force) with no penalty.
Florida drivers trying to follow the changes in PIP - shorthand for personal injury protection in the event of a crash - might have experienced whiplash keeping track of the law’s demise and revival.
The state stopped mandating $10,000 in PIP coverage on Oct. 1. Days later, lawmakers approved legislation that makes PIP mandatory again, but not until Jan. 1.
Now that three-month suspension of the PIP requirement is about to end. Some drivers never lost PIP coverage and will see no change, but others will pay more for their insurance to get PIP back in their policies. (more…)
Female drivers often receive cheap women’s car insurance products not because they have fewer accidents, but because their accidents are less severe, it has been claimed.
This is according to the Independent, which recently examined why females often receive cheaper car and life insurance policies than their male counterparts.
Men are more likely to be involved in serious or fatal accidents and therefore pay higher premiums, the publication states. (more…)
Early in the evening on the last October day, a deadline set down by the law, even the largest insurance companies updated their web sites with calculators or an overview of compulsory contractual insurance (PZP). Last year, they also took their time doing this. A client has two weeks to compare prices and conditions and choose insurance that is most suitable for his/her car. And wait for a cheque. Last year, this was another trick played by some insurance companies. They sent cheques at the last moment, so in the event of discontent the timely delivery of a notice was complicated. In two weeks we will see whether insurance companies have opted for this way of keeping clients. In combination with a new law, this is one of the cheapest ways to keep customers. In the event that a client fails to deliver a notice in time, the law imposes the obligation to enter into a new contract with the original insurance company. (more…)
Many British drivers mistakenly believe that their UK car insurance will automatically cover them on European roads, an industry expert has said.
However, esure’s Adrian Webb explained that most policies only covered third party damages.
Mr Webb said that it was important the drivers contacted their provider and arranged additional cover before driving in Europe.
“People have got very confused over this whole area; people seem to have absorbed the view erroneously that having an insurance policy with a UK company covers you anywhere within the EU,” he explained. (more…)