The auto insurance industry has landed in the spotlight over accusations of discrimination against middle and low-income households. A new study backed by the Consumer Federation of America (CFA) says the industry regularly distributes high-priced policies to individuals with less money, making it difficult for them to improve their lives financially.
A new report authored by Stephen Brobeck and J. Rob
Implementing nationwide restrictions on teenage driving could save 2,000 lives and billions of dollars each year, says a new study conducted by insurance and safety advocates. Its for this reason that the report, released by the National Safety Council, a congressionally-chartered independent research agency, called for a national standard in teenage driving laws, also known as graduated driver licensing or GDL.
According to the National Safety Council, taking time to ensure teen drivers are well educated before getting behind the wheel could not only save thousands of lives each year, it would save tons of money.
The report, funded by the Allstate Foundation, a charitable and research group supported by auto insurance company Allstate Corp., analyzed its own data on crashes involving teenage drivers, compiling reports on medical expenses, police and ambulance costs, wage and insurance losses, vehicle damage and costs to employers for lost productivity.
When comparing costs from 2009, the safety councils report found that teen crashes cost the U.S.
If looking to protect your holiday from unexpected delays, cancellation or other interruptions through a holiday insurance policy, it pays to know how to choose the right plan. Many reputable holiday insurance policy providers are available and have a range of options, so knowing what to look for will help guide one to the right plan.
A Holiday Plan (also known as trip insurance or travel insurance) generally provides the fullest coverage. These plans are most popular as they cover most eventualities that may have a negative financial impact on the policyholder. These policies cover cancellations, trip interruptions, medical emergencies and transport, lost or stolen luggage and travel assistance.
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When it comes to your family, nothing must be compromised. As parents it is your duty to make sure that the children are getting adequate love, care and protection. One way to ensure protection is to get life insurance coverage. Life insurance has two major types: term life and permanent life. If you are purchasing an insurance policy, it is recommended that you base your choice according to your personal need.
For example, even though financial advisers recommend universal life insurance among all other types of life insurances because of all its benefits, it comes in substantially higher premium as compared to term life insurance.
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Auto insurance is a major expense for American drivers. If you are a savvy car insurance shoppers, you probably already get a discount by buying your home, auto and liability coverage from the same insurance company. Here are five additional things to consider if you want to pay less for your car insurance:
Your credit rating, or FICO score, affects more than just your ability to get a loan and the interest rate you pay for the loan. Insurance companies may charge a lower premium if you have a high FICO score, too.
The insurance companies believe there is a connection between your ability to maintain your credit rating and the probability of your having an accident.
Having a vehicle is mandatory nowadays for almost every class and group of people. This is due to the low prices one can pay to acquire a motor vehicle. That being said, one important thing that should accompany the vehicle whenever you drive is the vehicles insurance. One of the misconceptions held by a lot of people aspiring to have a vehicle is that, the insurance premiums they pay are always high; well that is not the case as one may find cheap car insurance providing companies having premiums that will suit their financial needs.
There are a lot of insurance companies nowadays who are competing viciously so as to have as many clients as they can, and one of the ways to do so is by offering cheap and affordable motor insurance that will fit into their clients’ budget. T
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Nobody said it was easy to take a decision about the future of your kid. When it comes to imagine his or hers life years from now, you should consider the whole life insurance providing companies carefully. In your case, you will sign a contract for the next 10 or 15 years, but for your child, you will have to make sure that the
whole life insurance package is viable for years, and that your child is able to profit from this plan whenever he or she needs money for college, a new home, a car, and even from a nice retirement fund.
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Regardless of the nature of business that your company has, taking out a business liability insurance policy is a must, as it can provide you with the protection that you may need for certain risks that you and your company may be exposed to. Here is a list of some of the other advantages of getting business liability insurance and the benefits of getting business liability insurance estimates.
Business liability insurance can prevent potential financial ruin in the event that a client or a customer sues your company for personal injury or property damage resulting from your business operations.
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