Using a Vehicle Tracking Device to Lower Your Insurance Premiums

Guest Author
vehicle tracking

Insurance premiums are rising year on year… this is down to more cars being on the road and more careless driving as people take more risks to get to work on time. This year it is predicted there could be a further rise of between 3-10% on insurance premiums due to reinsurers (the insurers for the insurance companies) increasing their own premiums because of a concern over how easy insurers are paying out. The issue is that it is generally a small proportion of drivers who actually have accidents regularly…

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3 Types of Corporate Insurance You Must Have to Stay Protected

Guest Author
corporate insurance

Businesses engage in inherently risky behaviour. It’s impossible to guess at how the consumers might react to a corporation’s actions. If your company gets sued, you’ll want the right type of insurance cover. Likewise, if something happens to key employees within your operation, you’ll want insurance coverage that protects your business and keeps the doors open. General Liability Cover Every business has at least some need for general liability coverage – assuming that customers come to your place of business. General liability covers you if someone is injured on your…

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Flood insurance program changes could increase rates

H. Cutner
Flood Insurance

The national program will be facing some alterations and this could impact the amount paid for coverage. As today is the official start of the hurricane season and homeowners are being cautioned that there are some changes that are on the way for the National Flood Insurance program (NFIP) because it could impact the rates that they are paying. This is especially true in areas of considerably higher risk, such as in the South of Florida. The flood insurance claims that came swamping in following Superstorm Sandy made FEMA have…

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Homeowners insurance bill in Florida signed by Governor Scott

G. Turner
Florida homeowners insurance, Citizens Property

This will help to reform Citizens so that it will be able to further reduce its massive size. Governor Rick Scott has just signed a Florida bill into law which will allow a huge number of changes to be made to Citizens, the largest homeowners insurance company in the state. One of the goals of the bill is to move more of the policyholders from the state backed insurer into the private market. According to Senator David Simmons (R – Altamonte Springs), who sponsored SB 1770, “It’s a hell of…

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Auto insurance survey sheds light on distracted driving

Logan B.
auto insurance

New Jersey auto insurance influenced by distracted drivers Plymouth Rock Assurance, an auto insurance organization based in New Jersey, has released the results of a new survey concerning distracted driving. The survey suggests that texting while driving remains a significant problem in New Jersey.  Though not implied by the survey, this problem could be contributing to the rising costs of auto insurance. Distractions are taken very seriously by the auto insurance sector, and any distraction could be justifiable cause to raise premiums due to the inherent risks they represent. Many…

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