Vehicle Insurance

What Makes A High Risk Driver

From the mountains of North Carolina to the beaches of Florida, high risk drivers seek insurance quotes to fit their car, truck, SUV, boat or recreational vehicle. There are many reasons why a driver may be classified as a high risk driver in the world of insurance. Sometimes it’s the driver and sometimes it’s the vehicle that causes one placement in the high risk pool.

The most apparent reason is what we often think of first — a driver has a dwi, dui, or has repeated moving violations or accidents on the driving record. But there are many other reasons a person may be classified as a high risk driver.

Being found to have either no insurance or inadequate insurance coverage will put a motorist in a high risk pool. It is seen as unreliable to be without proper coverage, so this can easily change a person’s status.

Adding a luxury car or other high priced vehicle can also alter one’s status to that of hard-to-insure driver, even though an individual may not have had difficulty in the past. Luxury vehicles come in all styles, but are characterized by special amenities that are costly to replace, should claims be made. Parts for these vehicles may be hard to come by and expensive. The same can be said for high priced vehicles of any kind, be they sport utility vehicles, vans, coupés, sedans, station wagons, hatchbacks, roadsters, light trucks, etc.

When people insure vehicles that are “souped up” to have increased power, they pay a higher premium when they receive this designation. While many souped up cars are expensive vehicles, many people modify very low priced cars to find themselves also in a high risk category also. The type of modification may impact whether or not one is placed in a high risk pool. Insuring high performance sports cars also puts insureds in the high risk category. Cars that have been artistically modified may be seen as higher risk as well, as bringing the car back to its artful condition in the event of damage can often be both expensive and difficult.

Drivers of motor homes also find themselves in a hard-to-insure high risk pool. Additional skills are needed to safely drive a motor home and the damages tend to be greater when incidents do occur.

Speed boats are certainly high risk crafts, and many different kinds of water craft share this designation. In addition, 4 wheelers, ATVs and similar recreational vehicles are often considered high risk. In addition, motorcycles are seen as more high risk, especially some particular makes and models.

In addition, the driver’s age plays a big part in the high risk equation. Those who are over 65 years of age are classified by their insurance companies to be high risk drivers. Teen drivers are in the most high risk pool of all. When teens drive modified or luxury cars, or have had a dwi or dui, they are considered to be a supremely high risk in the eyes of insurance companies. Individuals under 25 are considered to be high risk drivers.

As readers can see, there are many reasons one may be in a high risk drivers pool. We know that getting an insurance quote for your car, boat, motorcycle or recreational vehicle can often be a challenge, so agents in NC and FL stand by to assist you with all your questions. Contact us and receive helpful insurance information today. We are here to serve you and your insurance needs.

via Insurance :: What Makes A High Risk Driver |

Vehicle insurance – Wikipedia, the free encyclopedia

Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other road vehicles. Its primary use is to provide protection against physical damage resulting from traffic collisions and against liability that could also arise therefrom.

via Vehicle insurance – Wikipedia, the free encyclopedia.

Third-party claim | Define Third-party claim at

Legal Dictionary

Main Entry: third–party claim

Function: noun

1 : a claim made against a third party in a third-party complaint —compare COUNTERCLAIM, CROSS-ACTION, CROSS-CLAIM

2 : a claim made by an injured third party (as a third-party beneficiary of workers’ compensation insurance) against an insurer or insured for indemnification

via Third-party claim | Define Third-party claim at

third-party claim – Wiktionary

third-party claim (plural third-party claims)

1. A derivative lawsuit brought by a defendant in an original lawsuit, claiming that another new party being brought in is responsible for or should share in the plaintiff’s damages against the defendant.

* Practise note: the third party being sued by the defendant is cited as “First Third Party”, “Second Third Party” etc.

via third-party claim – Wiktionary.

How To Get Best Auto Insurance – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!

Insurance is something to make life secure easier and clearer. Financial help after any accident whether be natural or man-made is very hard to bear. But at this high time if we get any financial help it is enough to console us mentally. The money of insurance works like friend in need is friend indeed. In case of auto insurance we can invest the money and can go for repairmen. The insurance company pays complete compensation for the accident.

These were the basic advantage of insurance company; now let us find the way to get the best insurance deal and what are the formality require for getting an insurance. To get an insurance first you have to go through the companies and give the quote according to your need and want. Make sure that you have gone through a long and detailed search before applying for the one. Go through the price tag and the installment you have to pay for availing the best cover. To know more about car finance and car loan click here.

There will be instances when you have a pressure of your friends or relative to go for a particular insurance company. For instance one of your friends tells you to opt go for xyz car finance in South Florida. For situation like this you do a good search and then confirm his/her request if found suitable.

Generally insurance money is actually your own money because it is deducted from your own salary on monthly basis for a particular period of time. The insurance company on account of that money provides a security circle around your particulars for which you are paying. Natural disasters, at times can churn your life to pieces it can bring to a big halt. Here insurance will work for you. There are insurance companies who take monthly installment on time but never pay the compensation on time. Never ever stick to that sort of company. Always go for that company who deliver right service on right time.

To know more about the best insurance quote it is very important that you have a very warm relation with your insurance agent, many insurance company appoint independent insurance agent to promote and bring the business. Insurance company are very frequent with changes they keep on bringing new changes to attract customer. So, if you will have a good relation with your agent you will be well informed about the profitable deal. By this way you will earn a good profit with minimum investment.

Now when comes about getting car insurance then companies tends to check your previous records. For instance, if you accidentally meet an auto accident then make sure you are not going to get the same deal. So always try to drive safely on the road to enjoy the cheap service.

To sum it all, it is important to take your time when shopping for your Maryland Auto Insurance, interview a representative of the company and ask friends and neighbors if they can refer an insurance company.It can save you time and money in the end.

via How To Get Best Auto Insurance – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!.

What Kind of Motorcycle Insurance Do You Need?

Securing motorcycle insurance can be a pretty harrowing experience, especially if you don’t like the idea of diligently canvassing for the best deals, and studying the fine print of insurance laws and contracts. With all the insurance companies out there offering so many different kinds of motorcycle insurance at a wide range of rates and payment schemes, you might become easily confused and frustrated.

As inconvenient as getting insurance might be, however, it is very important. After all, your motorcycle is pretty expensive and exposed potential dangerous situations. So rather than getting your bike in an accident and then having to junk it or shoulder the full cost of repairs, it’s probably a good idea to go through the small discomfort of securing insurance now than having to bear a great burden later on.

But to help you take the first step, here is some important information about the various coverage in motorcycle insurance in Texas:

Bodily Injury & Property Damage Liability – This is the most basic type of insurance available, and is required by Texas Law. This includes your legal liability in the case of an accident for such things as third party damage and physical injury. However, if your bike is damaged, this kind of insurance will be of no help when trying to get help with repairs.

Uninsured Motorcycle Insurance – This will take care of your medical expenses and loss of income, but—and here’s the catch—only if you’re hit by an uninsured driver. Uninsured motorcycle insurance also covers repair costs for your bike as much as your insurance limit, but under the same conditions.

Medical Payments – Don’t forget to make sure that your motorcycle insurance policy covers medical payments, because this is the last thing you want to be worrying about if you get into an accident. Medical payments coverage is optional and recommended.

Comprehensive and Collision – Get his coverage if you want something that covers the repair cost to your motorcycle in the event of an accident, or will replace your bike if it was lost due to a fire or theft. Comprehensive and collision may even cover some custom parts that you may have added to your motorcycle. Make sure to request additional customization coverage to insure custom parts are covered.

Custom Parts Motorcycle Insurance – This is for the hardcore bike-lovers out there who have poured out a lot of love on their bikes. This coverage will help if your one-of-a-kind bike is wrecked or stolen and you had customized the motorcycle. Some Texas motorcycle insurance policies already come with some customization, but you should ask your agent for the details.

Different companies will offer you different rates for insurance. Rates will also depend on your age, the type of bike you ride, your driving history and experience, and some other little details that you may not have thought of before. Generally, this means that you can take steps to make your insurance policy as affordable as possible.

via What Kind of Motorcycle Insurance Do You Need?.

Custom Motorcycle Insurance – When To Get Custom Motorbike Insurance

Think of the months you saved up for your motorcycle. Now that you have it, it is only smart that you get the insurance for it. After all, your motorcycle is a monetary investment. You worked hard to have it. You look at it as your own personal chopper and you have it stored in your very own garage. Your motorcycle is for you and it’s your s alone. You alone enjoy it.

That is why you have a sense of pride whenever you ride it or whenever you clean it. It only makes sense to protect it from being stolen or having a scratch from a motorcycle accident. Just in case the unthinkable occurs, you need to take the necessary precautions. Therefore, you have to buy custom motorcycle insurance.

Think of the following scenarios. Let’s say your motorcycle was damaged while you were on your way to work. Worse, what if your motorcycle was stolen when you just parked it behind the convenient store? These things happen.

You’re just unlucky that these happen to you. Well, at least you have custom motorcycle insurance. Insurance for motorcycles are like your own medical insurance. You buy it and you pay for it. Sometimes you don’t get sick and you wonder that you’ve actually paid for something you didn’t use.

But what if you did get sick? Imagine of how much you’d save because your insurance footed the bill. That is how it works with custom motorcycle insurance.

However, unlike car insurance, there is so much more involved in custom motorcycle insurance. The rate of your insurance depends on a number of factors. These are your age, driving experiences, brand of motorcycle, and the area that you live in.

It is more meticulous than car insurances. That is why motorcycle owners are often advised to shop around for insurance companies because the motorcycle insurance rates vary.

Finally, one more thing you should remember about the custom motorcycle insurance rates is that these are somehow customized for the individual. As mentioned in the previous paragraph, there are a lot of factors that affect the motorcycle insurance rate.

Because of this, motorcycles are harder to insure and harder to register. Not only that, there are different rules for each state. Then again, after buying the motorcycle that you want, we’re sure you wouldn’t mind going through all these trouble anyway because it’s all worth it.

via Custom Motorcycle Insurance – When To Get Custom Motorbike Insurance.

Insurance Tips For New Home Owners

If you have just bought your very first home, you are probably unaware of how your purchase has affected your insurance profile and that you need to review your existing insurance cover. In fact, even upgrading from a small, cheap house to a larger family home will impact on your insurance. Most people think that adding some form of homeowners insurance is all that is needed when purchasing a new home. While the addition of a homeowner’s policy is by far the biggest change, your other insurance policies will most likely need to be reviewed too. The following are some of the more prominent policies you may need to revise.

Homeowner’s insurance

If you successfully applied for a home loan, your bank will have required that you take out a homeowner’s insurance policy. The questions that you need to ask yourself are did I get sufficient cover and did I shop around for the best deals?

When analyzing your coverage needs, your assessment needs to be based not only on what is required by your bank, but also on the actual value of the property. Banks often pressurize you to take whatever insurance policy they put in front of you. Except for a few conniving banks, taking the bank’s own cover is not mandatory. This means that you have the option of shopping around for better insurance.

Car insurance

If you just bought a house, your marital status may have changed. If this is the case, then congratulations! You may be eligible for a lower premium as marital status affects your risk profile. Married couples are considered a lower insurance risk by insurance companies. You may also want to cover both your and your spouse’s cars under one policy. This should work out much cheaper than having two separate vehicle insurance policies. You may even want to go one step further and combine your vehicle and homeowner’s policy to get even cheaper premiums. Lastly, it is essential that you update your car insurance policy as your change of address will also affect your policy. This is essential because should you need to claim due to theft from your new home and you have not updated your policy, your claim might be turned down.

Disability and life insurance

If you were to become disabled or unable to work due to an accident or disease, your mortgage will still need to be paid. Disability cover will pay you a monthly benefit if this happens which could very well save you from financial ruin until you are able to work again. Similarly, life insurance will help pay off your debts and perhaps even the mortgage on your home should you pass away. If you are the breadwinner in your family, this type of cover is essential.

Purchasing a new home can be a very exciting experience, but it is important that you remember to review all your insurance policies to make sure that you and your loved ones are adequately covered. If you are unsure of where to start contact your insurance broker and without a doubt, shop around for the best insurance deals!

via Insurance Tips For New Home Owners.

Auto Accident? What do you Do?

Based totally on the latest report released by the renowned World Health Organization, about three thousand people die in vehicular accidents every day. And we aren’t even talking about one country here ; the alarming figure speaks for worldwide vehicle accident incidence. In the U. S. alone, there were about 6,000,000 vehicular accidents that happened in the year 2005. In fact, according to reports, a mean of 115 individuals die every day due to car crash figures – that is’s roughly around one accident each thirteen minutes.

it is no wonder then that auto accident claims are reasonably popular today, ranking only second hardest to prove in suits behind medical laxity claims. The severity of such vehicle accident, though, will eventually rely not on one but many factors. These may include, but not restricted to, the autos involved, The speed of the vehicles colliding, and the road or terrain in the vehicular accident.

The worst that could happen during these automobile accident injuries is death. A more common damage that’s customarily complained about is the whiplash injury. While whiplash wounds are but a common thing in vehicular accidents, the symptoms show after a very long time. Hence, it is reasonably tough to prove in court for compensation of damages. of course, you could not just pay no attention to the mental effects these traumatic vehicle accidents bring to the victim. Vehicular accidents can provide you with near-death experiences if you are personally involved in the accident or even worse, they may result to endless shock and a robust feeling of emptiness or emotional damage, which the family of the bereaved has to endure. While the physical injuries are serious enough, the mental effect will be the harder to get past through. It takes longer for people to recover from such a devastating loss of a loved one and many are limited to a long terrible state and mourning regularly accompanied by psychological suffering and stress.

via Auto Accident? What do you Do?.

Auto Accident Checklist: Tips On What To Do Following A Car Accident

It is not expected of somebody who has just experienced a car accident to be fully composed and calm after such auto accident transpires. However, a substantial degree of such composure and calmness is needed in order to minimize the adverse events resulting from auto accidents. Here are some important things you have to do following a car accident:

• Ascertain the degree of resulting damages

Having an assessment of the gravity of your, your companions’ and/or the vehicle’s injuries or damage gives you an idea of what to do next. Remember that it is not advisable to mobilize somebody with fractured bones unless the situation leaves no other option but to do so (for instance, if the vehicle is on fire or about to be on fire).

• Take note of the factual details of the accident

For the authorities to have a clear picture of the accident, it is important not to miss or err on important details like at what speed where you or the other party was driving, what exactly were you doing inside your vehicle immediately before the car accident, etc.

• Go to the police and file a Car Accident Report

The importance of accomplishing this cannot be stressed enough. After a car accident, the issue as to who is to be held responsible for resulting damages can only be resolved if enough data about the accident is at hand.

via Auto Accident Checklist: Tips On What To Do Following A Car Accident.

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