Wednesday, Feb 22, 2012

Category: Insurance Help

Car Insurance Options for Parents

As soon as your kids were able to buy their own wheels then they must pay for their own individual car insurance policies but in the mean time, they can still utilize your coverage. You can even take a look at several offers like family or group discounts to decrease the total expenses that you have to pay for all the car insurance needs of your family. Another advantage of car insurance options for parents is that there is no particular limit when it comes to the age of the children. The only requisite is that the children are living in the same roof as their parents.

1. Family car insurance plans are one of the cheapest in the market.

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How young drivers can beat record insurance costs

The average cost of insuring a car for young drivers has soared to a record high of £3,688, according to figures from moneysupermarket.com – but there are things you can do to keep insurance bills down. Newly qualified drivers face the steepest annual premiums at around an eye-watering £5,957.

Drivers aged between 17 and 22 could therefore face monthly payments of as much as £546 when opting to pay by instalments, which typically adds an extra 10% onto premiums.

With more than 448,000 young drivers passing their UK driving test each year, many have therefore been forced to give up their dreams of independence altogether – even after saving up for a car.

As one 18-year-old moneysupermarket.com user said on our forum: “I am trying to insure a 1998 1.25 Ford fiesta Vetec after passing my driving test last month.

“I have shopped around and tried adding my mum and dad to my insurance, but it is still £5,000 just for third party cover. It’

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New Insurance Law Treatise Stands Apart

There’s no shortage of insurance law treatises on the market today, but Randy Maniloff’s and Jeff Stempel’s recent work, General Liability Insurance Coverage—Key Issues in Every State, stands apart.  This 495-page paperback (yes, paperback!) is a practical mix of fundamentals (duty to defend, right to counsel, attorneys fees, punitive damages) and more advanced issues(recoupment, faulty workmanship, latent injury, bad faith).  The comprehensive, issue-by-issue analyses offered by these very knowledgeable and accomplished authors is balanced and thoughtful, and refreshingly easy to read.  A 50-state survey of nearly every issue provides immediate access to case law in all jurisdictions.  This is a worthy (and very portable) reference for anyone in the insurance law field.  And it’s affordable–A 20% discount is available by using promo code 29471 in the box in the upper right corner (expires 12/31/11)!


Travel cover for festive breaks

Thousands of people will get away from it all this Christmas by heading overseas, but if you’re planning a holiday abroad, don’t forget to pack travel insurance. With so much to arrange in the run up to the festive season, it can be easy to overlook cover. But if you travel without insurance you won’t have any financial protection if you need to pay for medical expenses, your baggage is lost or delayed, or if your trip has to be cancelled or cut short.

Bob Atkinson, travel insurance expert at MoneySupermarket, said: “Heading abroad for a much needed break is always exciting but it’s essential to make sure you and your family are fully covered before you go.

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Trolling for Tech Toys

OK.

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