Insurance For You

Initiative to Raise Auto Insurance after Lapse in Coverage Could Reach 2010 California Ballot

December 19th, 2009

A major auto insurance company is making plans to place an initiative on the California ballot in 2010 that would require those who have had a lapse in coverage to pay hundreds more once they resume that coverage. This is according to the nonprofit organization, Campaign for Consumer Rights, a campaign affiliate of Consumer Watchdog, which released a press release on Wednesday explaining that initiative being set forth by auto insurance giant Mercury Insurance.

What’s This Initiative About?

The nonprofit’s press release said that Mercury Insurance was pushing forward an initiative that would surcharge drivers – including soldiers and seniors – who had a lapse in car insurance coverage during the past five years.

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Tags: Auto Insurance, Ballot, California Ballot

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Tips to save £1,000 on your car insurance

December 18th, 2009

Financial advice website Moneysupermarket.com has advised Brits on simple solutions they can take to reduce the premiums on their car insurance premiums especially during this time of recession.

According to moneysupermarket.com, car insurance coverage is a legal requirement for every car owner but said consumers should not be paying too much particularly in times of financial hardship and with Christmas just around the corner when expenses are shooting up.

The most important way to save on your car insurance premium is to be smart and look around to look for the best deal.

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Tags: Car Insurance, Insurance

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Incidents of Vehicle Theft Increase During the Holidays

December 18th, 2009

Unfortunately, around the holidays shoppers are more prone to having their vehicles broken into as thieves loot through parking lots looking for gifts and other purchases left inside cars. Here are a few tips to prevent a vehicle break-in this time of year:

• If you’re stopping at various stores to go shopping, do not leave packages unattended in the car between trips. If they are small enough, take them with you.
• If you have to leave packages or other items in your vehicle unattended make sure to get them out of plain sight. Lock them in the trunk or store them under the front seat so they aren’t visible from the outside of the car.
• When you get home, make sure you take everything you purchased out of your car and into the house. Veh

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Tags: Holidays

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Winterizing Your Car – Worth it or Worthless?

December 18th, 2009

Winter weather is notorious for creating bad driving conditions. Snow, ice, sleet and freezing rain, either alone or together, make any drive a challenge. People are urged to take preventative measures, like using snow tires or snow chains, but do they really reduce accidents and costly insurance claims? Or are they just examples of automotive industry hype to get us to buy more of their products when what’s needed is simply safer driving?

Snow Tires

The answer to the first question is a resounding “yes.” Snow tires stop approximately 40% faster than regular tires, which is critical in poor driving conditions.

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Rias pile on agony after my aunt’s death

December 17th, 2009

My aunt died in July and, as executor of her estate, I closed her home and cancelled her Rias home contents insurance by sending a letter, along with a copy of the death certificate. In the middle of August, I received a letter stating the insurance had been closed and a refund of £35.36 would be sent. I chased it by phone and then wrote in October. I cannot begin to explain the distress this has caused. As if to rub salt into the wound, I received a letter addressed to my aunt but using my home address. MR, Kidderminster, Worcs

After contacting Guardian Money, the £35.36 did turn up along with an additional £10 as a goodwill gesture for the poor service. Ho

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Tags: Death

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