Best Insurance Companies

Car insurance for women

admin — Tue, 02 Aug 2011 19:23:23 +0000

Folksam Insurance and If fails because women over 40 pay more for their car insurance. It may be over a hundred dollars more per month in premiums.
- We look at the compensation paid into monetary terms, and then we see that women in these age groups will cost more, says Kjell Wirén, director of general insurance at Folksam.

- But they still pay less than men averaged over the entire life cycle. It is mainly young men who have a major impact in the accident.

If P & C Insurance is the second insurance company that allows women over 40 pay more for car insurance.
- We see a clear trend that the accident rate is rising among women between 40 and 55. Their premiums have been higher with us since 1995. It is a matter of fairness, I think, says product manager Dan Falconer at If insurance products.

Other companies have chosen not to raise the price for women, although they see the same pattern in the statistics. One of them is the Trygg-Hansa.
- It’s not a big factor, says Bjorn Dalemo, Product Manager at Trygg-Hansa.
- We do not think it is reasonable to price the following criterion. You could say that there is a valuation issue.

Also on Länsförsäkringar sees the same trend in the injury statistics as the other companies, yet they never for women over 40 pay higher premiums than men of similar age.
- We distinguish between the sexes up to the age of 39, says Staffan Nordström at Länsförsäkringar Skåne. There until it is the men who pay more because they are much more accident prone. But then the women will catch up and pass the men. But it is not so much that we think it is worth differentiating premiums.

Insurance companies do not know why women suffer more accidents than men when they are older than 40. But there is nothing that says that women drive worse than men in that age.
A common assumption is that women often have a smaller and cheaper car than their spouses. And it is the car used to exercise and beginner driving the family’s young people.
- Driving is a major factor in these statistics, says Dan Falconer at If. It is an educated guess.

The second explanation is that women over 40 are more susceptible to injuries in accidents, particularly whiplash injuries. Partly because they have smaller cars, which are not as crashworthy, and partly because they are assumed to have less physical resistance to a bang.

Terje Eklund at Automobile Association believes that it is a combination of the two causes, but the injury is the most important factor.
- Sure, this could mean that you lend your car to a greater extent. But the damage to the car is relatively cheap. There are injuries as whiplash injuries, costing companies big money.

Top auto insurance tips – Part # 2

admin — Sat, 16 Jul 2011 08:45:45 +0000

Comparison Shop:

The price of an insurance coverage can vary and the difference is usually more than a hundred dollars, therefore it really does help you a lot if you decide to look around. The best way to get a good price is to start among your friends, ask them about thier prices, check our other articles or maybe you could call your state insurance department for guidance. Contact a few insurance agents or companies for a general price then go even further with this knowledge and select a few insurers to get a more personalized quote.
Meet with potential insurance agents:

Make a few appointments, bring your personal auto insurance profile with you, and ask questions. You want a fair price AND quality service. Ask about available discounts, higher deductibles, service options and claims procedures after accidents. Take notes.
Compare Again:

Consider cost, coverage offered, and quality of service available. Select your insurer.
Read your policy:

Yes, even the fine print! Ask questions. Keep your policy at hand. Call your insurer to keep your policy up-to-date, inform your agent of any changes (new car, new job, new driver, etc.), and ask periodically about any possible discounts. Review your policy yearly with your insurer.
Keep your insurance information with you:

Many states require drivers to carry a proof-of-insurance card with them when driving. Ask your insurer for a card, and keep it in your wallet or in your car.

How do they calcute the insurance premium?

admin — Sat, 16 Jul 2011 08:41:21 +0000

Insurers are professional risk takers, which means that they know the likelihood of types of events will occur. Therefore, they can calculate how much premiums needed to create a fund large enough to cover probable payouts.

Since it is quite clear that some of the policyholders will exercise over a given period, so can an insurer take two important factors into account when calculating the premium. Firstly, how likely is it that someone will suffer an injury, and second, the person who wants to insure a higher or lower risk than the average policyholder.

A young person with a fast sports car or a driver with a long history of accidents will pay a higher premium for car insurance than a mature and experienced driver with a car with a smaller engine that has never suffered any accident.

Likewise, the owner of the restaurant to pay a higher premium for his fire insurance than the owner of an office. The risk is greater, so the premium will be higher.

Someone who is young, fresh and has a risk-free job will find it easier to buy a life insurance policy and will pay lower premiums than someone who has a heart condition or is engaged in a risky occupation.

Premiums for most types of insurance is calculated on an annual basis. This means that the amount you pay may change every year, and if you have made an application in the previous year, or your circumstances have changed, it can affect your premiums.

Top auto insurance tips – Part # 1

admin — Thu, 16 Jun 2011 16:40:30 +0000

When thnking about signing up for an insurance there acctaully alot of work to do. It can really take a long time gathering all the info if you don’t know what you are looking for. Therefore we have put together this list of auto insurance tips. In order to get the best aut insurance be sure to take these tips seriously!

Auto insurance tip # 1

- You have to know auto insurance requirements in the state you intend to insure your car!

All states in the US has a minimum liability coverage sum that you have to carry. There are also some states that have the so called “no-fault” auto insurance system. If you are to be in a car crash the medical costs coverage for yourself and your passenger is optional. Also the coverage of the damage your car get’s in the crash is optional.

Auto insurance tip # 2

- Write down information about yourself and the Car you are driving

Write down your vehicle type, how many miles your drive per year, take a copy of your driving record, if your going to house the car on your driveway or in a garage and last but not least what type of safety features are installed in your car. This is just to prepare for the next step!

Top ranked Insurance companies

admin — Thu, 12 May 2011 15:00:57 +0000

First post mentioned the extreme importance of comparing insurance companies, the only way to acctually find the one that really suits your needs. This post is about finding the VERY best insurance companies you could say the best insurance companies, if you want!

To be able to find out youll have to get some info on how well the companies insurance policies pays out and what to make of it… Was it much or would it have been less expensive not having an insurance at all? Well for once it seems like having an insurance really can pay off but that only when we insure stuff that a net value of at least 500$. Go out there and find everything you need about, how mych they pay you if your insurance need to be cashed in!

Best insurance companies

admin — Sun, 08 May 2011 06:35:20 +0000

The best insurance companies arent always the ones offering a low price they might aswell have bad coverage and most of the things you brake end up outside the insurance. To have a low fee is a is pro but it must stand in proportion to what the buyer gets. On this page we will compare and find out which companies are the best insurance companies.

The things we will compare. Amount of lost income, how much money youll need to replace the current income. We will also look at the cons what escapes do the insurance companies do when you claim loss of income. DO they just pay you or will htey be fighting and telling you NO! These are the things youll need to know if you wanna single out the very best insurance company!

Best Insurance companies

- Pro’s

Low fee

High yield

- Con’s

Bailing out

Fighting your claims