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Save money on your insurance with these 6 tips

27 February 2018 By admin Leave a Comment

If you want to make sure you’re getting value from your insurance, why not take a closer look? Here are some suggestions for managing the cost of your cover.

Increase your excess

Increasing your excess is a way to bring the cost of your policy down. Just be aware that, when claim time comes, you will have to cover the total amount of the excess.

Review your payment method

If you’re currently paying your insurance monthly, moving to an annual payment could save you money. It might also be possible to save money by changing the way that you pay. Some insurers, for example, offer convenient direct-debit discounts.

Group discounts

Do you have multiple insurance policies? You may benefit from bringing them all to one provider. But before moving to a different insurance provider, make sure you review your options carefully. It’s important to understand how any changes could affect your ability to file a claim. Once again, this is something we can help you with.

Loyalty discounts

Have you been with the same insurance provider for a number of years? It’s worth finding out if you’re being rewarded for your loyalty. Please note that in some cases this will be automatic, but in others a little prompting might help you to make a saving. Feel free to enquire and get in touch with us.

Policy-specific discounts

For every type of insurance, there are behaviours that Insurance Providers like to reward with discounts. Good examples of this are the saving you can enjoy on your Contents Insurance if you install a burglar alarm, or the Healthy Lifestyle Reward that some providers offer on health insurance premiums.

Age-related discounts

As you may know, the cost of insurance depends on a variety of factors, including the amount of risk involved, and the likelihood of an undesirable event occurring. That’s why some policies can get more expensive as you get older. Others, however, can reduce in cost, and this is often the case with car insurance.

Did the six points above prompt you to think about how you can make the most of your insurance? Give your policy a periodic check-up – with our help. Which leads us to the next point…

By Jason Hennessey

See Full Story at insurancebase.co.nz

Filed Under: Tips Tagged With: save money on insurance

Tips for specialist travel insurance for over 70s

22 February 2018 By admin Leave a Comment

Travelling the world can be one of the most fulfilling aspects of later life. When you have the time, freedom and means to experience new places, there should be nothing to stop you taking the trips you may have always imagined.

Even if you have a pre-existing medical condition or disability, here at Free Spirit we believe age should be no barrier to travel, which is why we specialise in providing medical travel insurance for people over the age of 70, in fact, people of any age.

With specialist travel insurance tailored to your age and any existing conditions or disabilities you may have, you can jet off abroad with peace of mind and enjoy your holiday to the fullest.

Here are our top tips on finding medical travel insurance when you’re over 70 years of age.

Planning more than one trip? Multi-trip travel insurance could be better value

It’s wonderful having extended periods of time to dedicate to travel, which is why retirement is such a perfect opportunity to plan those overseas adventures. You could find yourself planning more than one holiday at once, or you may be looking to visit friends and family who live abroad, as well as taking a separate trip elsewhere.

If so, don’t forget that it may be cheaper to opt for Annual Multi-trip specialist travel insurance. As long as your trips all fall within the period of 12 months and you are planning to return home between each one, you can take as many holidays/trips as you like. Our Multi-trip travel insurance also covers most pre-existing medical conditions or disabilities.

The only other main caveat* is the number of days we can insure you to travel for. But don’t worry, you can still plan that month-long trip. Duration of each holiday/trip depends on the level of cover you go for – with our ‘Super’ cover each trip can last up to 31 days and with our ‘Super Duper’ cover, each one can last up to 45 days.

Please note, when you purchase an Annual Multi-trip policy, your cover will start on a date of your choice, provided it no more than 31 days in advance. If you have already booked your trip, we recommend starting the policy immediately to ensure you are covered for cancellation.

See Full Story at www.freespirittravelinsurance.com

Filed Under: Tips Tagged With: travel insurance

Tips to Lower Your Homeowners Insurance

20 February 2018 By admin Leave a Comment

This is among the scenario may save existence. You are driving and see someone lying face documented on a quiet road in front of you. (You are legally obliged to at least call the Police) You stop, exit and render assistance. Wind up saving money nice of you but it can also put you at danger.

Make selected compare prices from multiple insurance companies before making a choice of who to sign by way of. Premiums can vary up to 40% between different companies for identical shoes you wear levels of insurance claims support. With insurance the very best solution is mandatory if you need to get the most bang about your buck.

There just three associated with adjusters – company staff adjusters, independent adjusters, and public adjusters. Who will settle your claim? Provides your welfare in your memory?

What on the web already had diabetes.or congestive heart the inability.or cancer? Can you imagine whatever would fund insurance?. If they were capable of getting insurance, at all!

With head-on collisions, main end usually sustains the most damage. This requires fixing the hood, front fender, radiator and/or car headlights. This may be expensive for repair, generally costs when compared with replacing the overall vehicle. insurance claim can also reduce zox pro training system. Driving without repairing the damage is structurally unsafe which enable it to cause auto to overheat or the headlights and signals by no means to work good. The hood can become unlatched and open while travelling or leak the particular frequent rainstorms in Hampton Roads.

See Full Story at bodycontour.com.sg

Filed Under: Tips Tagged With: homeowners insurance

Tips For Finding The Best Family Travel Insurance Policy

15 February 2018 By admin Leave a Comment

1. Zero Excess Is Best

What is an excess?

The excess is the amount of money you contribute towards your loss before the insurer pays the remaining amount. Excesses can vary from $0 – $500 and occasionally higher.

A large excess reduces the total cost or premium of the travel insurance policy. Although it’s tempting to save a few dollars by increasing the excess, by paying more premium for a policy with a zero or nil excess means that when making a legitimate claim no matter how small, you are never out of pocket for the claim.

2. Don’t get drunk or act recklessly

A friend of mine slipped over on a wet tile floor at a bachelor party in Bali and had major facial injuries requiring urgent and expensive medical attention. The insurer rejected the hefty medical claim because he was under the influence of alcohol at the time.

Any reckless behaviour such as taking drugs, consuming alcohol or irresponsible behaviour, like riding a motorbike without a helmet or speeding, can void or drastically reduce an insurance claim.

3. Get Rental Vehicle Excess if you can

Hire car companies do offer insurance cover for theft and damage of a rental vehicle. However, there’s often a huge excess ranging from $3K – $5K+ that needs to be paid.

Travel insurance provides an option to cover rental vehicle excess that covers the thousands of dollars out of pocket in the event of an accident. It’s absolutely worth paying the little extra to avoid any hire car surprises.

Be mindful that some travel insurance policies only cover international travel and not domestic car hire. The coverage can differ when travelling overseas compared to driving on home soil. Be aware that insurers set a maximum benefit for coverage, and most peak at $6K. There are options to cover a higher amount.

See Full Story at www.togetherweroam.com.au

Filed Under: Tips Tagged With: travel insurance policy

4 Tips for Dealing with Insurance Claims After a Car Accident

13 February 2018 By admin Leave a Comment

Trying to make a claim to your insurance company after a car accident can be an absolute nightmare—especially when you consider all the red tape you have to go through to get the monetary protection you’ve been paying for. We understand the frustration and sleepless nights a situation like this can cause. They say “prevention is better than cure,” this article will discuss what you can do to simplify the process in order to bring a successful claim:

Tip 1: Avoid a recorded statement

Insurance companies like to tell you that this is standard practice and simply part of the routine, but this is exactly what they will use against you to try and minimize your claim. A recorded statement rarely (if ever) helps with your claim, so try to stay clear.

Tip 2: The doctor should bill your insurance company

Although a lot of people have private insurance to pay for medical bills, a lot of doctors and chiropractors won’t bill your coverage. The biggest reason for this is the fact that they can get more money once your settlement has been finalized. But, although it means more money in THEIR pockets, it essentially means less money in yours. The reason being that many doctors and clinics have contracts with the insurance companies to accept lower fees.  By not clearly stating that all bills should go to the insurance company, you are ensuring that you will receive less in the end once a settlement has been reached.

Tip 3: Don’t settle too quickly

To successfully settle a claim in Oregon, you generally have up to two years, which means that you have plenty of time to think about your options. A lot of the times people feel like they will be able to recover from their injuries quickly and they settle for the first amount offered—but people underestimate their injuries, and what you felt was a minor injury can result in chronic medical attention.  Beware, though. Don’t wait too long if you plan to hire an attorney or if you want to negotiate a settlement without filing a lawsuit to protect your claim.

By Clarke Griffin

See Full Story at clarkegriffin.com

Filed Under: Uncategorized Tagged With: car accident

How to get home insurance: 10 tips to make home insurance easy

8 February 2018 By admin Leave a Comment

If you’re trying to get insurance for your home, you may have a few questions. At the top of the list might be how to get home insurance in the first place. It certainly seems like a daunting process with all the fancy words and big numbers. Since your house is so important to you and your family, it’s essential to make sure that it’s protected by the right home insurance. So, to help you out when you get home insurance, we’ve got some tips to keep in mind.

1. Shop around.

It’s not a bad idea to compare some home insurance rates and explore the options that are out there for coverages and policies. If you were buying a new TV, you’d want to check out all the features on different models and do some price comparisons, right? Your home insurance isn’t exactly a new TV, of course, but you can put your shopping skills to good use. Keep in mind that you’re not just looking for the lowest rate – you want to find out what coverage works best for you and go with a quality, secure home insurance option. Making sure your home is fully covered is more important than shaving a few dollars off of your premium.

2. Resist the urge to procrastinate.

If you’re getting a new home, insurance might be the last thing on your mind. Or you might not want to deal with it, so you shoved it into the back of your brain. At any rate, don’t wait until the last minute to get home insurance. Give yourself plenty of time so that you save yourself stress and panic later on – and so you have more time to weigh your options.

3. Make sure you have enough home insurance.

It’s important to make sure you have enough home insurance to fully protect your home. Ideally, you’d have enough insurance to…

  • Completely rebuild your home if it were destroyed by fire (including construction and clean-up costs)
  • Replace all of your belongings
  • Cover your family’s liability (your legal responsibility if you cause someone bodily harm or property damage)

by Katelyn Betts

See Full Story at insurancehub.com

Filed Under: Interesting Stuff, Tips Tagged With: home insurance

Tips to reduce your cost of car insurance

6 February 2018 By admin Leave a Comment

Buying a car insurance is like checking out from a large superstore; sometimes you don’t get the desired discounts until you ask for it. Discounts or savings on car insurance can be two fold i.e. the one who you specifically ask for and the ones you get as part of the deal. But there are some other ways also to reduce your cost of car insurance and here are some really handy tips:

Haggle, haggle and haggle more

Forget about automated quotes on websites as your best chance to get the discounted price is always to hook on with the real insurance agent or broker.

You can get better rates if you can get online with a real human and also haggle about the prices. Your primitive instinct to negotiate to the last dollar can really help you to save a lot of dollars on car insurance.

Avoid having gaps in your insurance

Before you compare and save on insurance, make sure you do not have gaps in the time between your insurances.

Many times, when people sell their car, they do not renew the insurance until such time they buy the new car. This however, can cause increase in insurance premiums and you pay more.

So if you are selling your car and plan to buy new one after sometimes, it is always better not to skip your insurance and continue with it. You will definitely save more if you buy new car within a certain timeframe.

The price of your car

The replacement cost of your car can be of great importance in case your car is stolen or damaged. The price of your car, however, determines the replacement cost. Apart from this, the cost of repairs can also figure into the calculations of your premiums.

By Adnan Manzoor

See Full Story at born2invest.com

Filed Under: Tips Tagged With: car insurance

Top Tips for reducing rising premiums and costs of home content insurance

1 February 2018 By admin Leave a Comment

It may seem tempting to go without contents insurance, but its the simplest way to protect what you own

From TheSun.co.uk they teamed up with Moneyadviceservice.org.uk to offer ways to keep your premiums low:

  1. Increase security: Some companies will only insure you if you have BSI-approved locks on all outside doors and windows. You might also receive a reduction for joining your local Neighbourhood Watch scheme and for installing some security lighting.
  2. Install alarms: Smoke and burglar alarms are both important. Make sure they’re approved models — a NACOSS alarm (National Approvals Council for Security Systems) could earn a discount on your premiums.
  3. Take advantage of offers: Some insurers guarantee to beat any quote by up to ten per cent, on a like-for-like basis.
  4. Pay annually: Monthly premiums can cost more. There’s usually an extra six per cent charge to pay. But some insurers will allow payment by instalments for no extra charge so it’s worth shopping around.
  5. Increase the excess on your policy: Excess is a contribution you pay towards the cost of your claim. If you are happy to cover a bit more yourself, your premiums might be lowered.
  6. Build your no-claims discount: If you don’t claim for a few years there may be a discount, but not all firms offer this, so check first.
  7. Buy buildings and contents cover together: You might get a discount if you get both from the same firm. Also, if there’s a fire, or something that affects both the building and your possessions, it’s often simpler to claim.

by Jane Hamilton

See Full Story at www.thesun.co.uk

Filed Under: Tips Tagged With: home content insurance

8 Foolproof Ways to Slash the Cost of Homeowners’ Insurance

30 January 2018 By admin Leave a Comment

Homeowners’ insurance is one of those things most of us rarely think about. It’s easy to put a policy in place and then forget about it — until it’s too late.

But for most of us, a home is the most valuable thing we will ever own — and it is typically filled with costly possessions. Insurance coverage must address the value of the building — including upgrades — and the worth of our belongings, especially high-value items like jewelry, antiques and other collectibles.

It’s vital to review what your homeowners’ insurance covers, and how much you’re paying for it. Sure, it sounds mundane compared with planning a barbecue, but it can save you a substantial amount of money.

Check out these tips for getting the best deal:

1. Shop around

The internet makes it easy to shop around for insurance. As with anything else, though, you should not necessarily jump at the lowest rate. Do your homework on an insurance company before buying a policy.

2. Raise your deductible

The larger the loss you are willing to absorb before insurance kicks in, the less your insurance will cost month to month. For example, raising your deductible from $500 to $1,000 could slash your premium by 25 percent., according to the Insurance Information Institute. That’s a lot of savings, without taking on a lot of extra risk.

3. Look into discounts on multiple policies

If you insure anything besides your home — such as a car — look into a multi-line discount. That’s a break that some insurance companies will give you if you buy multiple policies, such as homeowners’ and auto insurance, from the same company.

By Nancy Dunham

See Full Story at www.moneytalksnews.com

Filed Under: Tips Tagged With: homeowners insurance

Tips to Save Money on Car Insurance

25 January 2018 By admin Leave a Comment

Are car insurance costs over-stretching your family budget? Below, find a few money saving tips that can reduce your cost of driving.

Defensive Driving
Do you actively drive defensively? For any age driver, doing things that improve your driving skills and safe driving behaviors might get you reduced car insurance premiums. Why? Because safer driving means fewer claims.

This could mean completing an approved driver training (or driver’s education) course, or, for older drivers, a defensive driving course.

Research shows that young drivers who are well-trained are statistically less likely to engage in risky driving behaviors. The more responsibly a person drives, the less car accidents he or she causes. Responsible driving can even save lives.

Defensive driving includes staying off your cell phone while you drive.

To get discounts on your insurance plan, ask your insurance company agent for specific details. You may be eligible every few years to get another discount after taking training again.

Don’t Drink and Drive
Getting a DUI (Driving Under the Influence of mind/body altering substances) can ruin your life. If you get one or more DUI, you can become uninsurable by most insurance companies. Plus, your driver’s license will be suspended or revoked, you could lose your job, and worst of all, if you seriously injure yourself or others you would go to jail or prison, get a criminal record, be required to take rehabilitation classes, etc.

Stick With the Truth
What can raise your car insurance premiums other than offensive driving? Hiding the truth. For example, have you sustained a sports, automobile or other type of injury causing you to have a concussion? If so, it is only safe to drive after a doctor tells you it’s safe to drive again. When you answer questions about your life experiences, tell the truth.

By Susan Fox

See full story at www.northeastohioparent.com

Filed Under: Interesting Stuff, Tips Tagged With: car insurance

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