May 29, 2008
Guide, Tips
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The rental reimbursement policy instituted by your lessor should cover a rental car fit to your lifestyle. The premium policy depends on the kind of car you’d rent. For example, a businessman isn’t likely to rent a very compact car, especially if he needs lots of space for cargo. The best option is for him to rent a minivan.
Though of course, this means you have to upgrade to a higher reimbursement rate, the higher the cost of the vehicle you’re renting. On the other hand, if you don’t like the idea of upgrading your policy, then save enough money to pay for additional rental costs.
May 27, 2008
auto insurance, Guide, Tips
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One of the benefits of automobile insurance is that you also get insurance pay for a car you rented. If you’re car is in the repair shop due to an accident, find ways to secure rental reimbursement coverage. Read your car insurance policy so that you get refreshed with its scope.
Usually, you’d get paid only if your car got stolen or damaged in an accident. The fee you pay for car maintenance, mechanical service, or anything remotely related to collision, will not be covered, though.
May 25, 2008
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Some people aren’t contented with staging one accident. They transfer to another location then cause extensive damage to their vehicle then say it was from the prior accident. The purpose of this is to get higher insurance. Also, they fake medical injuries to get more.
Be wary of drivers trying to wave you into the traffic. They’ll just bump into your car, and then deny having done the deed when they file the claim. Others would also pose as fake helpers who offer to take your car to the repair shop, doctor, or lawyer. Of course, all of these are connected. These people would charge enormous rates to get more from your insurance. To avoid this from happening, be vigilant. Make sure you have lots of room in front of you in order to stop. Let other cars pass instead of cutting in their way. Awareness is the key to insurance scams. Be a responsible and careful driver, and don’t forget to discuss anything suspicious with your insurance company.
May 20, 2008
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It’s a little surprising that insurance frauds date back to ancient Greece when ships were purposely sank, hence the term “ship scuttling”. As the world became more modernized, scams also became more “fashioned”. And if you are not that aware of the various frauds and scams, this article is the perfect eye-opener to keep you from becoming a victim.
There are three types of insurance scams. One is the staged rear-end car accident. Beware of drivers who might be following you. These drivers quickly stop in front of you, and then make you rear-end his car. They would also fake helping you. But the truth is they’re just intending to make the accident look as if it was the innocent’s fault.
May 13, 2008
auto insurance, Guide, Tips
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The type of car that you drive determines the premium offered to you. The more expensive your car is, the higher the premium will be. And if your car is likely to be stolen, you would pay more for coverage.
However, it’s better to drop some coverage if you’re driving an older vehicle. This doesn’t mean you have to underinsure. Also, reserve some for medical costs or medical insurance in case of accidents. Be mindful that different cars have different safety ratings. Higher-end and larger cars may be safer than smaller ones. So in case of accidents, it’s not only property damage you must consider, but also damage to life and limb.
May 10, 2008
auto insurance, Guide, Related Facts
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Purchasing automobile insurance could take out a big chunk out of your budget. You couldn’t really get away with that, but it’s important that you ensure the coverage of the policy. To get good automobile policy, shop around.
The competition is tough out there. Look for and compare the offers and coverage from different insurance companies. You could also shop online. You might even get discounts and promos, especially if you have a clean driving record. Just make sure you buy insurance from a company with a good name.
May 5, 2008
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Discuss the accident only with the police officer and your insurance agent. Be sure you don’t give information that would put you on a precarious position. As much as possible, do not admit any fault.
Be sure to get the names, addresses, and contact numbers of people involved in the accident. If you can get their insurance company, license plate and vehicle identification numbers, the better. You would need these for insurance claims. Remember, if you lack documents or reports, you may not be able to file for insurance claims, and likely you will have to pay for repairs or damages.
May 2, 2008
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Some things in life happen unexpectedly, just like car accidents. One minute you’re driving smoothly. The next thing you knew, you’re skidding to the roadside and hitting a post. Now here’s the deal: Don’t panic. Try to stay calm as possible. Panic only makes the situation worse. Think clearly. Check the people with you and see if they have injuries. Search for any damages to your automobile.
Though it isn’t really mandatory, especially if it’s just a minor accident, it would still be better to report the case to a police officer. Don’t leave the scene unreported.