JIIC Promotes Auto Insurance Policy

Jamaica International Insurance Company (JIIC) continues to promote its premier auto policy islandwide with a recent visit to Montego Bay, St James.

The auto policy — which was launched in April of this year — is a collaborative effort with the Ian Lyn-led Jamaica Used Car Dealers Association (JUCDA).

Under the policy, which runs until the December 2010, clients will receive a 10 per cent discount on their insurance coverage. In the event of a client's vehicle being stolen or dysfunctional due to an accident, he/she will have a vehicle hired for free use for seven days.

Analysing the policy's relevance, JIIC's Marketing Manager Elizabeth Chung said: "JIIC recognises used-car dealers are, and have always been, the primary supplier of the vehicles that we insure ... We have a great offer for persons buying used cars that will be insured with JIIC. JIIC and JUCDA is a great partnership that is destined to realise tremendous results."

JIIC's promotional campaign has already been to the parishes of Kingston and Manchester.


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Find Affordable Georgia Auto Insurance With Online Resources

Motorists in Georgia can take advantage of the Internet to provide the tools for assistance in finding the most affordable car insurance. These tools will help residents obtain the policies that they are looking for without having to break the bank.

Georgians intending on occupying the roads must have the proper automobile coverage to do so, in fact, if residing within the state, the Motor Vehicle Division will not register an automobile unless they are provided with proof of a valid policy.

With the resources available online, it is easier than ever for motorists to find a low cost insurer; in order to begin shopping for affordable Georgia auto insurance consumers simply need to visit a comparison website and enter their zip code followed by basic information regarding the drivers and vehicles to be insured.  Personal information such as driver’s license and social security numbers are not needed to compare quotes and visitors will be given the rates of various insurers to compare from and the process can be done in less than five minutes.


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Basic Auto Liability Insurance Policies

Basic auto liability insurance policies are low-cost auto insurance policies with a minimum number of benefits. It is a contract between an insured person and the insurance company, in which the insured person pays a premium and the company, in turn, provides financial support within the limits of the policy.

Basic auto liability insurance policies consist of two types of benefits or coverage. They are coverage for bodily injury and property damage. Bodily injury liability provides protection from various claims and court cases that are filed against insured persons, in case the insured person is the cause of injury or death of another person. This type of coverage pays costs for the affected person or his relatives for the pain, suffering, and other hardships, and also for economic damages. This coverage is optional, as it can be selected if a person needs it.

In property damage liability, insured persons are protected from claims and court cases for the damage of property of another person as a result of accident. Property generally refers to the vehicle of another person. However, damage to lamp posts, fences, telephone poles, and buildings is also considered in property liability.

Basic auto liability insurance policies are affordable and simple. Once a policy is selected, a “Limitation on Lawsuit” option is obtained along with the policies. There are certain limitations on the lawsuit option. Legal action can be taken only if death occurs or the person is seriously injured with any one of the conditions such as displaced fracture, dismemberment, major disfigurement or scarring, loss of fetus, and also for other permanent injuries in which body parts cannot function normally.

Basic auto liability policies are risky and provide very less or sometimes even no protection for bodily injury. Two-wheel motorized vehicles and commercial autos are commonly insured using these basic auto liability insurance policies.


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Will Your Insurance Cover That Freak Accident?

Floods and earthquakes require special policies, but a lot of odd mishaps are paid for by homeowner's and auto insurance.
Stuff happens. That's why you need insurance--for your home, auto and an umbrella liability policy to protect you if you're sued. The good news is that homeowner's and auto insurance covers more than you might think. It's not just the obvious perils to your property, like fire, lightning, wind, hail or run-of-the-mill fender benders. Insurance can also pay off when the really unexpected happens.

Are you covered if a guest falls off your roof deck? If your punch bowl tips over into your grand piano? If the frisky terrier in your lap leads you to drive distracted? For details on these and other freak accidents where insurance did pay off,
Don't be afraid to ask directly, before you face a loss. Understandably, hearing about someone else??????s misfortune gets folks to wondering. "Customers call in to question unusual incidents all the time, saying, 'My friend just had a loss,' and asking, 'Would I be covered?'" reports Mario Morales, an underwriting manager with MetLife ( MET - news - people ) Auto & Home. Insurers and insurance agents don??????t mind such questions. "The best thing an insured can do is to contact an agent or company and periodically go over the coverage," Morales says.


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My insurance rep said I could not have 2 auto insurance policies per household?

Is this true?
There is a total of 5 vehicles in my household along with 4 drivers. There is 4 full coverage vehicles on one ins. policy, but we tried getting a separate insurance policy for the 5th vehicle(an old car) with just liability only. She told us we could not have 2 separate auto ins. policies in the same household and that we would have to add the 5th vehicle to the one policy we already have.
I’m in the state of Texas by the way…


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Driver Kevin Harvick Wins $25000 in Nationwide Insurance's Dash 4 Cash Bonus

NASHVILLE, Tenn. – (Business Wire) NASCAR Nationwide Series driver Kevin Harvick took home more than the Gibson Les Paul Trophy guitar after winning Saturday’s race at Nashville Superspeedway – thanks to Nationwide Insurance’s “Dash 4 Cash” bonus.
Kevin Harvick won $25,000 in the first Nationwide Insurance “Dash 4 Cash” race of the 2010 season.

“Congratulations to Kevin Harvick,” said John Aman, associate vice president for Nationwide Insurance. “We’re proud to make Victory Lane a little sweeter this week by presenting him with a $25,000 ‘Dash 4 Cash’ bonus.”

Nationwide Insurance introduced “Dash 4 Cash,” a first-of-its-kind bonus program for the NASCAR Nationwide Series, in 2009. this year, the four races in the “Dash 4 Cash” bonus program are at Nashville (April 3), Kentucky Speedway (June 12), Iowa Speedway (July 31) and Texas Motor speedway (Nov. 6).

just like last year, eligible winners at each of the “Dash 4 Cash” races will receive an additional $25,000 bonus. If the race winner is not eligible, the prize money rolls to the next “Dash 4 Cash” race.

this year’s season-ending bonus for the NASCAR driver accumulating the most points in the four-race program is up to $75,000, a nice raise from the $50,000 bonus in 2009. In addition, to be eligible for the year-end bonus, drivers cannot have driven in more than seven NASCAR Sprint Cup races during the season.

the 2010 “Dash 4 Cash” bonus program is open to all NASCAR Nationwide Series regulars and up-and-comers, including those who may not have a full-time NASCAR Nationwide Series ride. NASCAR Nationwide Series drivers with a full-time ride in NASCAR Sprint Cup must enter every NASCAR Nationwide Series event in order to qualify for the cash payouts in the four races.


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Auto Insurance Costs in Florida are Going Up

State Farm, the biggest auto insurance provider in Florida, has reported an average auto insurance rate increase of 9.2% which includes 2.7 million clients in the state.Chris Neal, State Farm spokesman, explains that the trend of spiking rates excludes their company since they have reduced their rates for several years in a row. He admits that there has been an increase in the filing of auto claims. State Farm controls 20% of the state auto insurance market.
In January, Allstate Fire and Casualty clients had to deal with a 16% rake hike. On average, their customers deal with an $82 increase every six months as party of the company policy. Allstate covers 1.7 million vehicles in Florida.
Insurance Information Institute representative Lynn McChristian said that the recession may have played a major part in the rising costs. She said that less and less people are purchasing insurance while others buy insurance which is lesser than what they need, thus, other drivers have to compensate for the situation by buying costlier premiums.
The institute tagged Florida as the fifth most expensive state for automobile insurance. Average expenditures in 2007 was pegged at $1,043.
The Insurance Research Council in a study in 2009 revealed Florida as being among the top five states with the highest incidences of motorists without insurance. The study showed that 25% of drivers in Florida are uninsured compared to 17% nationwide.
McChristian said that the costs are rising on a national level, which translates into more challenges for Florida. The consequence of fraud in the state has also massively affected the industry.
Neal admits that State Farm’s rising costs are attributed to higher prices for personal injury protection and bodily injury liability.
Despite the respite, auto insurance still continues to be a profitable venture with a plethora of competing companies. Since the turn of the millennium, drivers in the state have been able to benefit from the emerging competition which resulted in lower rates.
National Association of Insurance Commissioners reported that the typical cost of automobile insurance in the nation decreased by 2.6% in 2007. Moreover, expenditures also declined by 1.8% in 2006. There was a 1.3% decrease in 2005.
For State Farm, including its overall premiums in the state, there was reportedly about a 1% decrease in the middle of late 2005 to 2009.
Florida Office of Insurance Regulation spokesman Jack McDermott said that it would be premature for anyone to claim that the ‘era of auto rate cuts’ is over. McDermott said that there are no significant observable changes in the automobile insurance industry in the state despite a spike in the filings of bodily injury expenses.


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Standard Auto Insurance

Maintaining high standard auto insurance will ensure that any policy that is purchased will be extremely satisfying and make for an ultimately positive experience. However, this requires an excessive amount of time and effort to invest into the research that is required to find this “best” company or corporation. It’s quite comical how the circle of money actually flows because if everyone in the states was very critical about their costs for automotive protection, companies would not be able to afford to charger everyone the low rates that only a small percentage of the vehicle owners actually strive for. For instance, having high standard auto insurance would make plenty of businesses and corporations lose money because they would not be making enough from those that are paying much more on monthly rates than they really have to.
While being very critical can definitely lead to some over-the-top methods for complete satisfaction, the general consensus is that these people won’t settle for anything less than the best which means their high standard auto insurance will be satisfied eventually. There is nothing wrong with wanting to save the most amount of money while still having excellent coverage because this will lead to more luxury spending or saving for obligations. Either way, the more cash that is in the wallet or the bank account, the higher the potential is for experiencing and living life.


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Low Florida Auto Insurance Requirements Insurance May Leave Drivers Vulnerable

Florida, like most states, has a minimum coverage requirement which motorists must maintain at all times. Unfortunately, these requirements are set relatively low and drivers who carry the minimums may not be fully covered in the event of an accident. These limits can easily be exhausted following a substantial loss resulting from a traffic collision, leaving the policyholder responsible for any expenses which exceed the limits stated on the policy.

According to the Florida Department of Highway Safety and Motor Vehicles, in order to maintain a valid state license plate, motorists must have a car insurance policy consisting of at least $10,000 for personal injury protection (PIP) and $10,000 for property damage liability (PDL).
Considering the high costs of medical care, the minimum requirement for personally injury protection can easily be used up if an individual were to suffer injuries resulting from an accident where they would need to be hospitalized; this would leave the policyholder responsible to pay for any costs exceeding the $10,000 limit that the insurer will pay. The same financial burden would apply if a policyholder were to strike a vehicle and cause damages exceeding $10,000.

It may be wise for consumers to complete Florida auto insurance comparisons based on higher levels of protection to help avoid incurring future financial hardships. By comparing the rates of multiple insurers, motorists may be able to locate more extensive coverage at an affordable price and it may be extremely beneficial in the event of a loss.


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Consumers Save an Average of $455 Per Year on Auto Insurance With LMB Insurance Services

 LMB Insurance Services, the insurance division of LowerMyBills.com, today released the results of a consumer experience survey of 4,664 online auto insurance shoppers who completed a rate-quote request form on LowerMyBills.com. This survey was conducted between Oct. 6 and Nov. 16, 2009. Survey data reveals that LMB Insurance Services helps consumers reach their goals to save money on auto insurance and provides users with a satisfying consumer experience.
Saving money is chief motivator for comparing auto insurance plans
When consumers were asked their reasons for shopping for auto insurance, 62 percent included wanting to save money. Fifty-eight percent included making price comparisons. Twenty percent included that their policy was about to expire. Fourteen percent included that they were dissatisfied with their current auto insurance company.
Consumers save a significant amount of money using LMB Insurance Services
Consumers who switched auto insurance carriers as a result of their comparison-shopping experience on LMB Insurance Services saved an average of $455 per year. Of the total consumers that saved by switching auto insurance carriers, 40 percent saved more than $564 per year on their auto insurance policy and 20 percent saved more than $732 per year.
Discounts and savings entice consumers to change plans
When consumers who switched carriers were asked why they switched carriers, 88 percent of consumers included saving money on their policy as one of their reasons for switching. Twenty-one percent of consumers included their new carrier offering savings on other types of insurance as a reason for switching.

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What Is The Best Auto Owners Insurance Company Or Companies?

One of the best ways to find auto owners insurance is to go online and type it into the search engines the old and click on the individual sites shown to get it quick review of what they offer. At the same time, you can enter into their forms, the time of insurance that you are searching for and you will get a quick quote right there online.
By comparing these quotes, you will be able to decide for yourself what the best auto owners insurance company is. As you will be able to see there is not one best auto owners insurance company. It will all depend on what you are looking for, and the coverage that you want to have for your vehicle.
The cost of premiums are important, because we all want to save money, but not having the right coverage for your vehicle can cost you money in the long run. So when making your decision about the best auto owners insurance company or companies, you need to get all the facts and compare coverage versus premium and this will help you decide.


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Car Insurance – How to Decide on the Right Level of Car Insurance

There remain a lot of factors to take into consideration when purchasing car insurance even if you’re an experienced driver or a newly qualified novice. Deciding on the right level of car insurance for your vehicle and financial budget has been made easier in recent years with the advent of car insurance comparison sites.
As a driver, age is an influential factor when it comes to purchasing cheap car insurance. Younger drivers are unlikely to find a bargain car insurance premium for their first car, but older more experienced drivers with no-claims discounts are less of a risk to insurers and are more likely to secure an attractive comprehensive car insurance deal.
As a newly qualified driver, the chances are that your first car is going to be a second, third or even fourth-hand vehicle. Comprehensive car insurance for such cars is probably unnecessary as the premiums can often cost more than the value of the vehicle itself. Third party fire and theft car insurance and third party car insurance are more tailored to older vehicles. Both policies protect damage made to third party vehicles in an accident. Meanwhile the former also protects against fire damage and burglary.
Take into account your lifestyle when choosing the right level of car insurance. If you lead a hectic lifestyle and rack up thousands of miles a year, car insurance providers will view you as a higher risk as there is a greater chance of being involved in an accident.
It is important to be realistic with your car insurance expectations. A brand spanking new, top-of-the-range vehicle will almost certainly demand comprehensive cover, and the power of the engine would also mean that it is a greater risk on the motorways and lead to an increased premium.
Ultimately finances will dictate the level of car insurance your purchase, but always be sure when buying a new car that you can afford to insure it adequately.


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