Car Insurance - Advantages of Owning a Classic Car (part 2)

As pointed out in the previous article, there is a considerable amount to be saved for those that invest in a classic car compared to purchasing a modern-day car; particularly with regards to insurance, MOT costs and overall value. Petrol costs are generally similar to an equivalently powered modern-day car. Interestingly, many classic cars can be converted to run on LPG, using the same procedure as modern-day cars. This will obviously have a positive affect on annual fuel costs. The cost for replacing headlamps, radiator grills, bumpers etc. is usually considerably cheaper than that of modern-day cars. A typical rear lamp for a Morris Minor will cost in the region of £25, replacing the counterpart on a modern model can easily run into the hundreds! Therefore, the cost of minor repairs is also something that benefits the classic car owner. Another not so obvious reason for choosing a classic car over a recently manufactured one is the advantages this has on the environment. It is widely believed that the overall carbon footprint of nearly every modern car has a great deal to do with their manufacture. So by choosing to re-use an already existing model you are undoubtedly doing your part to benefit our environment. Furthermore, many of the components that make up today’s cars are designed to be binned and replaced on fault, hardly fitting with the “eco-friendly” lifestyles’ that we are encouraged to lead. Faults with older cars though, can usually be resolved by disrupting a much lower proportion of the vehicle. Lastly, there is the social aspect of owning a classic, from like-minded individuals flashing their headlights at you to joining an owners club or attending any one of the hundreds of events – owning a classic can be very enjoyable. Such clubs and events are amass with knowledgeable owners who are often more than eager to offer a helping hand to those new to the hobby. Moreover, the larger make-specific clubs are an excellent place to pick up rare parts.
As you can see there is much more to owning a classic than you may have first thought, it’s important to note that all of the financial advantages relating to insurance and running costs are based on the premise that your classic will be of a high standard and well looked after. The internet is an excellent place to read more about classics as well as finding classic car insurance , many of the larger car insurance comparison websites offer such features.

Article Source:
http://www.articlesbase.com/insurance-articles/car-insurance-advantages-of-owning-a-classic-car-part-2-488865.html

Van Drivers Protesting Due to Van Insurance and Petrol Prices Rising

The cost of petrol now averages 114p per litre and diesel 126p per litre - an unwanted hike in addition to van insurance and road tax prices. The rising cost of fuel in the UK was yesterday protested by van and lorry drivers. Disgruntled drivers in the south of England headed to Marble Arch in convoys in order to express their dissatisfaction at increases across the industry. Organisers TransAction 2007 welcomed around 300 vehicles to an A40 protest, with a further 100 reported in Wales, according to Times Online. “We are not faceless multinational companies - we are small and medium family companies built up over generations with hard work and determination,” read a letter from the group to Gordon Brown. Meanwhile, French president Nicholas Sarkozy has stated that a Europe-wide cut in VAT would bring down the cost of fuel across the continent About 65 vehicles converged in Park Lane in protest at a 30% rise in diesel pump prices in 12 months. The organisers presented a coffin to the Houses of Parliament to represent hundreds of haulage firms they claim have gone bankrupt as a result. It follows a 48-hour strike at Grangemouth oil refinery in Scotland in a dispute over pension changes. Tuesday’s protest has been organised by TransAction 2007, one of the groups behind fuel protests in 2000 which caused 90% of petrol stations to run dry. The convoy started off in Kent and headed up M2 motorway into the capital. Organisers said fuel for a typical articulated lorry now costs up to £1,000 per week. The problem was exacerbated by foreign hauliers who arrive in the UK “full to the brim with cheaper fuel”, spokesman Mike Presneill said.

Caught Speeding? What You Can Do To Repair Your Driving Record & Insurance Premium

If you’ve been caught speeding lately then you know what points added to your driving record are going to do to your insurance premiums, that’s right, their going to increase. This is because you are now pegged a s a driver who is not so consciences of the rules of the road, By driving in this type of manner, you not only are pitting your self at risk but everyone who is driving around you. Their are things that can help you in the future to repair your blemished record.

First and this is a very important so listen up carefully, you have to stop driving so fast and start obeying speed limits. You may be a good driver and not caused any accidents thus far but the possibility is their because of how fast you drive. There are serious consequences to getting points placed on your driving record for speeding. You can get your license suspended. How miserable is that matter.

Points stay on your driving record for up to a few years. If you have insurance then you can expect your rates to increase because of this. Be careful though because in some states an insurance carrier has the right to drop you as a customer because of your reckless behavior and disregard to those around you. If this were to happen then you’re going to have a difficult time getting affordable insurance through another carrier.

There is hope for you though. If you just stay clear of any future moving violations or claims submitted by you to your current carrier then in time you can expect rates to start to decrease. Or at least, not increase any further. You might want to look into the kind of insurance coverage you carry. If you can afford not to carry full coverage that will save you some money if your car really isn’t worth that much in case you get into an accident and have to repair it. You might want to also think about reducing or eliminating collision coverage as well.

A bit of good sound advise is for you to just not get anymore violations. If you find yourself in the position of having to search around for other car insurance, then do just that. Shop around and compare rates and services fro several carriers. Don’t just settle on the first one that comes along or don’t let one tell you that you wont do any better.

Insurance companies are all different. Each state has their own set of rules and regulations so you have to check with each individual state law for accuracy. You don’t ever have to wait for the New Year to look into a new carrier to compare rates. That’s the best time to do that is before your next premium is due.

Article Source:
http://www.articlesbase.com/insurance-articles/caught-speeding-what-you-can-do-to-repair-your-driving-record-insurance-premium-484582.html

How to Lower Car Insurance Rates for Teenagers?

Almost all teens want to have their own cars. It maybe because of peer pressure or maybe they just wanted to enjoy adulthood by driving independently. Giving a car to a young driver is always a struggle - both for the parent and the teenager himself. While parents are worried about car safety and insurance premiums, young drivers are mostly concerned about how they fare with other kids their age who were already given a car by their parents. But at the end of it all, parents would have no choice but to give in to their teens as they reach the legal age. They would have to learn how to drive anyway. Purchasing the car may come later, as car insurance for teenagers can really be a big headache.

But once your teenager finally gets his hands on his driver’s license, the trip to the car dealer becomes imminent - unless of course you want him to borrow your car all the time. More than being concerned about the type of car you’ll give your son, you must be more interested on the car insurance coverage for teenagers. It could really go up the roof if you don’t know the techniques to make it low. With the guidance of a reliable car insurance agent, you will have more or less a good idea what kind of car will be perfect for your son.

Here are tips on how you can lower the car insurance for your young driver. Follow them and you’ll be ensured of the safety of your son or daughter.

1. Learn about deductibles.
This corresponds to the amount you are to remove from the total insurance claim. High deductible means lower premiums. Lower deductibles results in higher premiums.

2. Consider the car’s safety features.
When companies quote car insurance for teenagers, they always consider the features for safety of the car they’re driving. And so when buying a vehicle, get the one with airbags, automatic braking system, and pressure monitor. The more safety features the auto has, the lower the premiums will be.

3. Add your teenager to your own policy.
Some car insurance providers allows for a child rider to an existing policy. Check if this feature is supported by your own policy. This way, you’ll just add a minimal amount to your monthly premium and both you and your teenage driver will be covered.
Of course, safety comes first. Make sure that your teen is a responsible driver. Let him or her understand that driving is a serious task. By being a defensive driver and by following all the traffic laws enforced, it is easier to lower down the rates of car insurance for teenagers.

Article Source:
http://www.articlesbase.com/insurance-articles/how-to-lower-car-insurance-rates-for-teenagers-477443.html

Car Insurance - Rising Fraud Levels

The world is currently in the midst of a credit crunch, which is affecting every aspect of our lives – from the food we buy to the rising costs at the petrol pumps – leaving many struggling to make ends meet.
However, some have become desperate in their attempts to keep financially sound, which have led to an increase in the numbers of car insurance fraud being reported.
Car insurance fraud has seen an increase over the past few years, which in turn leads to a reaction in the sector itself, with fraudulent insurance claims having increased by over 70 percent - according to statistic released by the Association of British Insurers. ABI statistics also showed that the cost of such claims had more than doubled compared with statistics from four years ago.
As a result, innocent and law-abiding policyholders are at risk of further financial problems as a result of the rising cost of premiums. The actions of fraudsters – including feigned theft and calculated, intentional damage – are said to be adding at least £40 to the average car insurance premium.
Many car owners are becoming increasingly frustrated at the rising cost of their premiums as a result of an increased number of accidents – the focus of which can vary from young and reckless drivers to fraudsters looking to make a pretty penny by feigning damage in order to make a claim.
However, it’s not just car insurance fraud that has seen numbers rising; levels of fraudulent claims have seen an increase over the entire insurance sector.
Such cases have led to increasing costs for the sector, which in turn leads to higher premiums for those who choose to follow the rules.

Article Source:
http://www.articlesbase.com/insurance-articles/car-insurance-rising-fraud-levels-477444.html

About the Author:
David is a writer currently working in the dotcom industry.

5 Tips to Select the Proper Commercial Auto Policy

The main goal of the commercial auto insurance company is to get the maximum coverage with lower premium.

It is essential to identify the proper commercial auto insurance company to get the full coverage.

You must have to know that what types of coverage offers by the commercial auto insurance company. Here are the tips to select the proper commercial auto coverage for your vehicles.

1. You must have to select the known auto insurance company which gives proper coverage with good records of handling claims. You must have to select the insurance companies which can provides better services too.

2. You also need to select the insurance company who gets specialization in dealing with the every type of vehicles. Your insurance company must handle the insurance properly.

3. There are various commercial auto insurance companies provides discount once the insurance companies sanctioned insurance. The discount is based on the liability of your insurance.

4. You must have to select the insurance that gives coverage of replacement of equipments. You will get the added coverage, if you select the proper insurance for your commercial auto.

5. The insurance policy must cover repairing of the parts. If you have major damage you must get the coverage according to the commercial auto policy.

Without commercial auto insurance, you are not responsible to claim and if incase you can injured other people than it is your responsibility to gives proper treatment and may get some punishment as per state law. Commercial auto insurance is necessary for every vehicle. It is essential to get the proper coverage.

Article Source:
http://www.articlesbase.com/insurance-articles/5-tips-to-select-the-proper-commercial-auto-policy-421270.html

New Courses to Decelerate the Rising Cost of Car Insurance

New courses are being introduced as part of an initiative to help reduce the cost of car insurance. The new courses are designed to improve a driver’s skill at the wheel even after they have passed their test and it is hoped that younger drivers looking for insurance will not have to pay the £2000 premiums they are currently paying.

The courses will include motorway driving and braking at high speeds. The courses are all approved by the Driving Standards Agency and are designed to make finding cheap car insurance easier, it is estimated that the courses could save drivers around £500. Officials have met up with the industry to design the courses to ensure the insurers will be happy to reduce premiums by 25% of drivers who have taken and passed the course.

Around half a million people gain a drivers licence each year but less than 10,000 go on to take advanced lessons. As some drivers passed their tests before some of the new technologies arrived, such as ABS brakes, many drivers would benefit greatly from these new courses. As well as lowering the cost of insurance, the courses will hopefully improve road safety through improving a driver’s ability to think on their feet.

Finding car and classic car insurance is becoming harder due to the credit crunch and its effects on our spending. It is unknown how much the courses are going to cost but when there is the possibility of saving 25% on your car insurance, surely it is worth it because you have to speculate to accumulate.

New courses are designed to lower the cost of insurance and classic car insurance and improve road safety. Finding cheap car insurance should also be a lot easier due to the possible savings. Whatever you need insurance for, search online to find the best deals.

Article Source:
http://www.articlesbase.com/insurance-articles/new-courses-to-decelerate-the-rising-cost-of-car-insurance-411338.html

Fraudulent Accident Claims Encouraged by Advertising Campaigns

Critics are saying that advertisements for personal injury companies encourage fraudulent accident claims. Funny and misleading advertisements are being cited as a cause for fraudulent accident claims this month. Rick Shapiro on Injury Board.com wrote a startling and critical polemic on the problem, saying that funny insurance advertisements are a disgrace. The American writer was particularly critical of a series of ads by a company which he chose not to name, but which used ‘funny cavemen’ to promote their services.

“What do funny cavemen have to do with whether the rates offered by Geico, Allstate, State Farm, or any insurance company are fair or whether that insurance company is ethical?” Shapiro asked. “The message of these ads is what? Your insurance company thinks like cavemen? I think not.” He added.

But Shapiro’s tirade was just one of many which can be found online. Industry experts have been blogging and they all seem to agree that a degree of integrity is missing from advertising both in the US and to a slightly lesser extent, here in the UK, with regards to insurers and personal injury firms. “These ads rank up there in stupidity with the ads run by personal injury lawyers that repeat the words “cash, cash, cash, for you.” Shapiro said.

It is easy to see why some consumers might see these ads as advocating a quick way to get some money. However, this is unlikely the intention of the firms who run these campaigns, because it is precisely these companies who must pay when criminals do flout the system.

One such scam attempt was discovered recently. After watching the ‘no win, no fee’ advertisements on television a man broke his partner’s leg as part of a fraudulent accident claim. The man had intended to make £100,000 by saying that the accident had been sustained by a wall falling onto his girlfriend’s leg and he had filled out forms in order to sue Plymouth Council.

However, according to Legal and Medical: “The pair were caught when the police raided Thomson’s house for an unrelated matter. During the raid they found paperwork that had been filled out to send to the council to make a claim and mobile phone video footage of Thomson breaking his partner’s leg filmed by a friend.” Gordon Thompson was jailed for 3 years but, he had been inspired to act by enticing advertisements on television which made accident claims look easy and victimless, Thompson’s girlfriend had to have a pin put in her leg and was on crutches for 6 months.

With cases like this in the news it is easy to wonder whether injury lawyers should advertise on the television at all. They are providing a service to those who truly need it and for whom various other methods of compensation are not supplied. They are not supposed to appeal to the worst nature of healthy people, only the better nature of those who need to be helped. Critics advise those who need legal representation to not be swayed by clever, capitalistic or funny advertising.

Rick Shapiro also said in his recent polemic: “The issues that matter in the world of personal injury are which insurance companies are ethical and respectable, and which will fairly deal with your own claim, or a claim made against you. “

Article Source:
http://www.articlesbase.com/insurance-articles/fraudulent-accident-claims-encouraged-by-advertising-campaigns-411329.html

About the Author:
Sarah Othman is an author of several articles pertaining to Accident Claims . She is known for her expertise on the subject and on other Business and Finance related articles.

Car Insurance- New Customers Get Preferential Treatment

There are so many options for customers when choosing car insurance. With the amount of providers on the market you are bound to find a good deal from one of them. However, you may need to switch when you insurance is up for renewal to ensure you find the best deal for you.

We all want to sort out our car insurance in the quickest, easiest and, most importantly, cost effective way possible. Sometimes insurers offer the better deals to new customers but do not pass on these offers to existing customers. This is visible when existing customers get their renewal quote; the insurer very rarely, if ever, shows the original cost of the policy and only shows the renewal price which is normally higher.

The answer to these price hikes is to switch insurers or at least shop around for a better deal when your policy is up for renewal. Finding classic car insurance is easy nowadays and you should shop around for the best deals as the car will no doubt be priceless to you and therefore you need an extensive policy to cover yourself from all eventualities.

Prices have risen by around 6% over the past 12 months so there might be a slight increase (well a 6% increase) but most insurers are increasing prices by around 10% and you will definitely be able to find a better deal. Deals like Vauxhall car insurance are widely available and offer policies at very competitive prices.

The smallest things can help you reduce the cost of your policy, parking your car in a garage and having extra security methods can all help reduce the cost. Be honest with your insurer because lying on a policy can make it void and if your circumstances change, make sure you inform the insurer because you may be entitled to cheap car insurance, e.g. married people get cheaper quotes than single people. Whatever your circumstances are, search online for the best deals around.

Switching can help you save money as renewals on car insurance can often be more expensive than the original price. To find classic car insurance and other deals such as Vauxhall car insurance search online and compare the leading providers.

Article Source:
http://www.articlesbase.com/insurance-articles/car-insurance-new-customers-get-preferential-treatment-411365.html

Drivers Urged To Avoid Paying Over The Odds For Insurance

As the days become longer and warmer temperatures arrive it may be perhaps unsurprising that some motorists want to feel the wind blowing in their faces while out on the road.

However, those looking to purchase a convertible car should first take the time to purchase a comprehensive motor insurance policy.

Such is the claim of Confused where a recent piece of research revealed that the average insurance policy for a soft-top model is slightly more expensive than that for a non-convertible car. The lowest-price difference between the types of vehicle was indicated as standing at 11 pounds per year, although this rises to 32 pounds for the typical insurance policy.

However, those consumers who lack a comprehensive policy might find that they have to shell out of their own pockets to help with replacing items or funding repairs should they have an accident or be the victim of crime. In turn this may have an impact to meet other demands on their finances in areas such as loan repayments, council tax bills, mortgages and credit and store cards.

Meanwhile, those looking to enjoy the good weather in a flashy new convertible were given a gentle reminder that Britain sees an average of 55 days of sunshine per year.

Citing the need for motorists to get comprehensive insurance, the price comparison site pointed towards “horror stories” of soft-top roofs being slashed and items being stolen out of easily-accessible glove compartments in convertible cars. And although the reality of this actually happening may not be as likely as some drivers may think, given the reflection in differences between non-convertible and convertible vehicles, Confused still urged drivers to take out adequate insurance.

Commenting on the data, Debra Williams, managing director of Confused, stated: “Like most of life’s pleasures, many drivers will find that the desire to own a swanky new car will outweigh the practical concerns and perceived costs involved. However, car insurance is becoming increasingly competitive so whether you are insuring an old banger or a sleek sports car, it is vital to shop around for the best deal in order to make sure that you aren’t paying over the odds for your car insurance.”

Ms Williams went on to report that it is important for motorists to “take precautions”. As such, she advised drivers to make sure their vehicle is parked in a secure location and that valuable items are not left in a car. She added that as long as consumers use common sense then there is no reason as to why they will not be able to “enjoy the benefits of cheaper car insurance when buying a convertible”.

For those looking for an effective way in which to purchase a vehicle, taking out a personal loan could be of help. In doing so, consumers may find that they are able to buy the car of their dreams quickly and have an affordable level of repayments to make each month.

Furthermore, the financial assistance that a loan provides could help motorists to purchase comprehensive car insurance cover. This might prove to be of particular assistance to those planning a European roadtrip after a recent study by uSwitch showed that the average cost of extending an insurance policy to cover consumers when driving on the continent can set consumers back by as much as 510 pounds.

Article Source:
http://www.articlesbase.com/insurance-articles/drivers-urged-to-avoid-paying-over-the-odds-for-insurance-407987.html