The Importance Of Car Insurance

If you have a car, then you would need car insurance. The best car insurance can protect your car from any inconvenience should a likely car accident occur. But you should also be careful of what kind of car insurance you have. There are a lot of them available out there but not all can give you that coverage that you might be looking for.

As most other types of insurance available to choose from, the same thing goes with insuring your own car. There are different types that you can choose from, depending on what your needs are. There are liability car insurance policies that cover for accidental bodily injury as well as property damage to others. There are also policies that cover only damages caused by collisions with other vehicles or objects. There are also comprehensive car insurance policies that cover for loss or damage to the insured vehicle caused by circumstances other than car accidents. This may include car damage or loss due to fire, hail, vandalism, or theft.

Another type of car insurance policy available for you covers for medical expenses for injuries caused by a car accident regardless of fault. There is also a type of car insurance policy called Personal Injury Protection (PIP) that covers an insured driver for injuries acquired from a car accident, regardless of fault. There are also car insurance policies that can cover a motorist from car damages in a car accident with a driver who doesn’t have liability insurance.

There is also a type of policy for covering car damages caused by a car accident caused by the other driver who has insufficient liability insurance. Fro rental cars, there is also a type of car insurance that will pay for damages caused by an accident on the road. These types of car insurance can also be found in combination to give you a variety of policies to choose from.

Knowing what your exact needs are and being aware of the minimum car insurance requirement in the place where you live in can help you in being able to choose the best car insurance policy to cover your own vehicle.

There are useful tips available to help you look for a good car insurance policy that can help you keep your premium payments down to a minimum. In looking for good car insurance, you should also try looking for car insurance available for you online. You might be able to avail of discounts for car insurance policies purchased online.

You can also try to limit your car’s mileage before you try to get an insurance quote for it. The lower the mileage, the lower the insurance quote. Try not to modify or customize your car as it might affect your car insurance coverage.

You can also try to restrict the number of drivers on your car insurance policy as it might increase your premium payments later on. If you want to avail of good but affordable car insurance, then you can choose to drive a cheap but dependable vehicle because such cars can have policies that can well cover for damages at a very affordable premium. These are just but a few tips for you in getting that car insurance the cheaper way. A car insurance policy can greatly benefit a regular driver like you. It is never to early too get one for your car. You may never be able to handle the regret if you realize its need a little too late.

Robert Thatcher is a freelance publisher based in Cupertino, California. He publishes articles and reports in various ezines and provides car insurance resources on http://www.your-car-insurance.info

Article Source: http://EzineArticles.com/?expert=Robert_Thatcher

Car Insurance Policy

Plan Description

Classification of Motor Insurance
1) Private Car Insurance
This relates to private cars used for social and domestic purpose and / or business purpose.

2) Commercial Vehicle Insurance
All vehicles used for commercial purposes.
Lorries, taxis, vans, hire cars are insured under special contracts known as Commercial Vehicle policies.

3) Motor Cycle Insurance
This insurance relates to motorcycle only.

4) Motor Trade Insurance
Motor Trade Insurance are offered to garage and or individuals within the motor trade to ensure that their liability is covered whilst the vehicle being used on the road.

5) Special Types Insurance
This insurance covers motor vehicles such as forklifts, trucks, bulldozers, mobile cranes and excavators whilst in use on roads as well as building site and other private ground.

Types of Cover
When you buy a motor vehicle, you need to buy a motor insurance. The common types of cover are :-
1) Third Party Cover
This policy insures you, caused by your vehicle against claims for
- bodily injury or death caused to other persons (known as third party)
- loss or damage to third party property

2) Third Party, Fire & Theft Cover
This policy insures you, caused by your vehicle against claims for:-
- bodily injury or death caused to other persons (third party)
- loss or damage to third party property
- loss or damage to your own vehicle due to accidential fire
- theft of your vehicle

3) Comprehensive Cover
This policy is the widest form of cover whereby you are insured for
- claims for bodily injuries or death caused to other persons (third party)
- claims for loss or damage to third party property
- loss or damage to your own vehicle due to accidental fire
- theft of your vehicle
- loss or damage to your vehicle due to accident collision (own damage) or overturning
- loss or damage to your vehicle due to fire explosion or lightning , malicious act and burglary.

4) Extension Cover
The above standard motor insurance do not cover certain losses, such as :-
- your own death or bodily injury due to a motor accident
- your liability against claims from the pasengers in your vehicle
- loss or damage arising from as act of nature, such as flood, storm and landslide.
However, you may pay additional premiums to extend your policy to cover beyond the standard motor insurance.
Plan Benefits

MAA Assurance Private Car Comprehensive Insurance enjoys the following benefits:-
1) Free MAA Motor Club Membership
Free 24 hours Breakdown service available in all cities and most major towns.
Tol Free Number: 1-300-88-1622

2) Free Etching
Prevent auto theft - As an added security measure, free etching will be provided for MAA comprehensive Private Motorcar

3) 66 branches / servicing branches nationwide
MAA has the most number of branches nationwide for your convenience to insure your vehicle

4) 24 hours Motor Renewal Service
Available through MAA ATM Machine at selected locations.

5) Extensive Network of Panel Workshops
MAA s panel workshops are strategically located throughout the country ever ready to assist you in the event of mishap.

Car Insurance Quotes Online – Money Saving Tips

Auto insurance is a must for all automobile owners, which repay you in case your automobile is stolen or damaged in an accident. Most people complain about the high prices of auto insurance policy. Here we offer you some money saving tips with the help of which you can get the best car insurance quotes online as well as best auto insurance policy.If you are a new car owner or your previous auto insurance policy needs a renewal then it’s time for you to search for a new one.

You will be surprised to know that different insurance company offers different premium for the same coverage. Thus, it is in your interest to find a low premium, more coverage best auto insurance policy.

Local market search will be not enough, go to the websites of auto insurance companies and request for car insurance quote online.While requesting for car insurance quote online provide all your details to the auto insurance company such as your name, age, zip code, address, your marital status, car’s annual commuting miles and safety features of your car because as default they will surely offer you high car insurance quote online.

Your credit history matters a lot for auto insurance companies. Reviews of insurance companies have shown a correlation between credit scores and risk to an insurance company. Thus, manage your credit score to a positive level before requesting for a car insurance quote online.

uring the request for car insurance quote online keep an eye on discounts provided by auto insurance companies, mainly on their websites. With offered discounts, you can drop your premium.If you have a life insurance policy or health insurance policy or any other insurance, it is recommended to ask the same insurance company for auto insurance.

They will surely provide lower car insurance quote online, as you are their client.By following all these recommendations, we are sure that you will be able to buy the best auto insurance policy to protect your car, truck or any other vehicle against theft or damage.

Understand Auto Insurance

Auto (car) insurance is a type of insurance coverage for damage to and resulting from an auto. Insurance of this type can cover a variety of things depending on the kind of auto insurance that has been purchased.
All auto insurance policies involve a premium, which is the payment a customer makes to have auto insurance. Premiums for auto insurance can be extremely divergent and are determined by a number of factors. Gender is the major determinant for auto insurance premiums. Statistically, men are 80% more likely to be involved in an accident, and therefore have a greater need for insurance. Auto insurance premiums for men are higher than auto insurance premiums for women. Similarly, teenagers are considered high risk and will have to pay higher auto insurance premiums. The auto insurance premium can be reduced if the teenager takes a defensive driving course. Many states require teenagers to take defensive driving courses in order to obtain a driving permit and auto insurance.

It is customary for auto insurance plans to have a deductible that the customer is responsible for before the auto insurance provider offers coverage of expenses. Deductibles can have an effect on the coverage available under an auto insurance plan.

Auto insurance is slightly different than other types of insurance because you can purchase auto insurance that covers specific needs. For this reason there are different kinds of auto insurance. Auto insurance basics are covered by liability auto insurance plans. Liability auto insurance is usually the minimum required by state laws. Liability auto insurance is characterized by a set dollar amount of coverage for damages resulting from accidents or negligence. The coverage amount of liability auto insurance can be applied to property damaged in the accident that is not an auto.

Car insurance also comes as collision auto insurance. Collision auto insurance is meant to cover the cost of repairs to a vehicle involved in an accident, or the cash value of the vehicle if it cannot be repaired.Comprehensive auto insurance is also available.

With comprehensive auto insurance, coverage of fees for repairs is provided for accidents that are not collisions. Comprehensive auto insurance will, for example, cover hail or fire damage.

Insurance help to take care your health?

We are so busy that it's easy to put our health care needs aside. Do you make time for your annual exam and preventive screenings? Below are the recommendation test for your need.

General Services & How Often
Height and weight - At each visit
Blood pressure - Annually
Cholesterol - Once every 5 years
Fasting blood sugar -Every 3 years starting at age 45
Vision - 20 to 39 years of age: every 3 to 5 years
40 to 65 years of age: every 2 years
Over 65 years of age: every 1 to 2 years
Hearing - Once at age 65 (more frequently if necessary)
Colon cancer - After age 50, colonoscopy every 10 years and fecal occult blood testing annually
Depression assessment - At each visit


Female Specific

Clinical breast exam - Every 1 to 2 years
Mammogram - 40 to 49 years of age: every 1 to 2 years
50 years of age and older: annually
Pap smear - At least every 3 years
Chlamydia screening -For all sexually active women age 25 and younger: annually
Bone mineral density - At menopause
Postmenopausal - every 2 to 3 years

Male Specific

Digital prostate exam - Annually if age 50 or older
PSA (prostate surface antigen) - Annually if age 50 or older
Abdominal aortic aneurysm -Screen by ultrasound in men age 65 to 75 who have ever smoked

Try this out - AmBank Car Innovative Insurance? Is it really innovative?

AmAssurance Bhd is banking on innovation as part of its strategy to give the company a stronger foothold in the automobile or motor or even vehicles insurance industry.

It is currently one of the top two motor insurers and among the top 10 life insurance companies in Malaysia.

Chief executive officer Ng Lian Lu said AmAssurance would bank on innovation in its life and general insurance offerings to strengthen its position.

“We are confident that through continuous innovation, the company will be able to ride on the stiff competition and improve its market share as well,” he told StarBiz in an interview.

Ng, who is also the president of the Life Insurance Association of Malaysia, said being innovative would also help the company to realise its vision of becoming the preferred composite insurer.
Part of the company's innovation strategy involves providing swift settlement of claims.

This could be seen in the recent Genting Sempah Nuri helicopter crash tragedy and the Bukit Gantang bus accident, during which the company's claims professionals took the initiative to issue claim cheques even before any claims were submitted by the beneficiaries, he said.

Some of AmAssurance's leading products and services that it expects to strengthen its life business are the Super 0% Easy Payment Plan (EPP) and AmMillionnaire Kit.

In general insurance, Ng said the company was pinning its hopes on the AmAuto Extended Warranty (AEW) and Free Group Term Life Assurance (with motor insurance programme) to garner a larger market share in this segment.

He said in the coming months, its existing 4,000 life insurance agents would be empowered with the all new AmMillionnaire Kit, a powerful sales, recruitment and training tool targeted at increasing and elevating their recruitment and sales activities.

The Super 0% EPP is an interest-free virtual credit card that offers the company's customers the opportunity to own life insurance protection.

Ng said the AEW safeguarded car owners against paying for expensive and unforeseen repair bills, adding that AmAssurance was the first company to provide such insurance coverage.
The company was also the first insurer to offer free incremental life insurance coverage for every renewal made on an existing motor insurance policy.

The star - Tuesday September 18, 2007

What Is Group Term Life Insurance? What Is The Benefit Of Group Term Life Insurance?

Group term life insurance is the term used when term life insurance is taken in a group. Mostly employers usually take the group term life insurance for their employees.

It is very obvious that insurance companies will give more incentives to their group term life insurance policy, since they will get the business in bulk and they have very few paper works to handle. For customer point of view the group term insurance is very cheap compare to other life insurance.

Group term life insurance covers the employees or insurer when they die unexpectedly. In case of employee the benefit is generally calculated considering the wage of particular employee.
For any sized companies the group term life insurance is the first choice for employee’s life insurance. Since due to competition, it is very important to offer life insurance coverage to attract good employees. So with lower insurance premiums compare to other life insurance, most companies opt for group term life insurance for their employees.

There is also an option available to change the group term insurance in to the individual life insurance plan. This option is used mainly by the employees who leave the company. For employee’s point of view this is the great option. Most group term life insurance is also deductible while calculating the tax which is one of the factors why group term insurance is the first choice for most of the employers.

Apart from this there are other benefits of group term insurance also. Group term life insurance does not require medical examination. This means that the employee who was denied other life insurance on the ground of medical examination can obtain group term life insurance.

By Alfred Henders (source: http://EzineArticles.com/?expert=Alfred_Henders)