How Do You Benefit From Car Insurance

Traveling from one end of the city to another can be a harrowing experience when public transport is involved. People prefer private vehicles to buses and trains. People would rather invest in a private vehicle than travel via buses or trains. All of us, at some point in life, have dreamt of buying a car. We save up a substantial amount of our earnings to get it. Buying a car is more of a milestone in our lives than just another purchase. Which is why, your car is more than just a mode of transport. It is a valued possession that is dear to you and your family. And any damage to your car can make your expenses go haywire. When you purchase car insurance, your car is financially protected against physical damage or injury resulting from traffic collisions. Car insurance will also protect you from liability that arises due to these accidents. To a lesser degree, financial protection may be offered against theft and possible damage of the vehicle by your car insurance policy.

In India, private car insurance is the fastest growing sector. It is mandatory for all new cars to be insured. The premium amount for the insurance policy depends on the make and value of the car, the state where it is registered and the year of manufacture. Car insurance in India is very important not just because it is mandatory but also because driving can be hazardous at times. Although you may be a good driver, you never know when someone else will lose control of their vehicle.

Car insurance provides coverage against loss or damage by accident, fire, lightning, self ignition, external explosion, burglary, theft and malicious act. Policies also protect you against liability for third party injury or death and third party property. On payment of additional premium, car insurance policies also cover loss or damage to electrical or electronic accessories. There are, however, a few exclusions. Car insurance does not cover consequential loss, depreciation, mechanical or electrical breakdown, breakage and drunken driving.

Car insurance policy can be purchased online. You don’t have to call insurance companies to compare policies. You can simply check online. It is important to renew your car insurance periodically so as to avoid any unexpected financial expenses due to accidents and fines while driving. Many insurance companies offer online purchase and renewal of policies. Buying car insurance online is simple and convenient as you can do it no matter where you are.

Author Profile:

Pranav Sharma is an insurance agent based in Mumbai; Pranav assists individuals and corporates in purchasing the right Car Insurance & often shares his insights about the general insurance industry on internet.

The Afternoon My Passion For Motor Bikes Started Off

I can still remember the very first day that I rode a motor cycle because it was the time that I fell in love with them. I remember shooting hoops in the driveway in the late 1983 summer. I was embarrassing myself with my best Larry Bird impression when I heard my brother driving down the road on an almost new Yamaha.

He’d been away in the army for 3 years and now he was finally returning home after being discharged. And after completing a long 3 day ride from Texas, he had pulled into the drive with his riding glasses and helmet sparkling in the sunshine.

I was staring at him in complete awe.

I’m sure my reaction was pretty obvious because after he parked the motorbike and offered me a hug, he then smiled and told me that I could have a ride of the motorbike along the road if I wanted. I was eighteen numerous years of age without a motorbike endorsed driver’s license and my older sibling was offering to let me have a ride on his wonderful bike. I did not need to be asked twice and even burned my leg on the exhaust pipe in my rush to get on it!

He handed me his riding glasses and helmet, offered me a quick tutorial, and off I went. Just like most new bikers, I did hit the throttle a bit too hard and nearly had the motorcycle over my head. But luckily the motorbike stayed on the ground; someone must have been watching over me that day. I absolutely adored it and only came back home because my sibling was starting to get annoyed.

Well, it didn’t take long before I was out shopping for my own motorcycle. And just before December of the same year, I had finally purchased my own used Honda 550-Four in addition to my own motorcycle helmet and riding glasses.

And as the saying goes, the rest is history.

How To Get Car Insurance For Teens

Getting car insurance for your teenage son can be a little difficult thing as compared to getting car insurance for yourself or your son. This is because of the reason that there is high risk of accidents in the case of teens as they are full of energy as they have newly gained this freedom of driving. Thus getting car insurance for teens is difficult and also comes at higher cost.

The accidents rate is higher in case of teens is also due to lack of experience in driving. When they cross the teenage and become more experienced drivers, there rate of insurance fell and it becomes easier to get insurance for them.

There are various factors that control the rate of car insurance. The two main factors are age and sex. For males, the rates are high as compared to females as males loose their control more easily as compared to females. Also the age factor counts a lot. In case of teenage, the rates are always higher as they are at high risk of road mishaps.

Now it comes to parents as how they can reduce the rate of premium while getting the car insurance for teens. There are various ways by which they can teach their children about the code of conduct while driving so that there are fewer chances of accidents. There are driving schools which can actually help you with some fine techniques of driving.

The two other factors that affect the premium rates are the type of town and the kind of car your teen is driving. If it is a large city with heavy traffic on the streets then the rates will be higher as the chances of nay mishaps increases to a great extent. The car type also determines a lot. The sports car will make you pay a much higher premium as compared to a normal car.

The rates of premium of car insurance for teens can also be reduced if they have a good academic record. If your children have secured more than average marks then you can get some special students discounts. This helps you save money. But it is essential that students maintain their good grades otherwise this benefit of discount can be cancelled by the company.
The most effective and money saving method to look for car insurance for teens is to search online for insurance.

Affordable Car Insurance – 5 Tips To Minimize Your Expenses

One way of curtailing your overall expenses is to buy cheap car insurance. Even though you very well cannot avoid buying insurance for your vehicle you could still reduce the amount of premium you pay. One approach to getting cheap auto insurance is to cut down on your overall coverage. This is no doubt a risky approach since it exposes you to major expenditure in case you end up having an auto accident. Another approach is to ask and qualify for all possible discounts offered by insurers. Most people use a combination of both approaches to reduce the amount of premium they pay.

The following tips will help you minimize your insurance payments:

1. Most car insurance companies give a discount to people who drive less than a specific number of miles every year because of the assumption that they are less likely to have an accident; the limit varies according to the insurer. You should try to stay within this limit by using public transportation or carpooling whenever possible.

2. Take only as much insurance as you need. For instance, if you already have medical insurance then you do not need to take a car insurance policy that will pay your medical bills. Limit your policy to covering the cost of repairing a vehicle involved in a collision and also medical costs of other people involved in the accident caused by you.

3. Avoid filing minor claims with your insurance company. You can probably get them repaired for a small fee and will therefore be allowed to ask for a ‘no-claim’ bonus or discount.

4. On a related note, you should keep your deductable very high in order to reduce premiums. You’ll have to pay out of your pocket for small expenses but you will at least get insurance cover for major accidents.

5. Do not pay for insurance cover that offers towing or a spare car. It is cheaper to get your car towed away if you ever need to do it. If you have another vehicle or easy access to public transportation or a shared ride then you will not even need the spare car.

As you can see, there are quite a few things that you can do in order to get cheap car insurance. It is definitely necessary to do some homework before you renew your auto insurance because you will save quite a bit of money this way without depriving yourself of the cover you need.

Building Your Auto Repair Business With Brochures

Bills Auto Shop was doing alright. They had been in business for ten years, and there was a steady stream of business. Still, there were some new residential developments in the county and the population was growing. There were other, much newer shops in the country, and the owner of Bills was worried that he might be left behind and eventually forgotten.

Bill needed a long term strategy, and he didnt have one. He decided to call on an old friend and long time customer a salesman who had brought in his car many times for repair. The salesman showed up on a slow day, and they talked about Bills concerns.

The salesman went away for a few days and then came back. He had a plan. He felt that Bills Auto needed to use information better, in order to educate new and existing customers and in order to market to potential customers. He operated under the maxim that an educated customer will better understand what his needs are, and that he will respond to them better if he knows the pitfalls of not taking action.

The salesman felt that a series of brochures having to do with car maintenance and repair could be produced pretty cost effectively, and that these could be made available in the shop itself. He recommended a rack be placed in the waiting areas, so that people could browse the brochures and read them and take them if they liked. He recommended a brochure to help people understand the care and maintenance of tires. He recommended the same thing for brakes, and for the electrical system. In time, they would have twenty or more brochures, covering every aspect of the care and maintenance of the typical automobile. Additionally, they would branch out and create brochures for individual makes of cars, each with their own idiosyncrasies. They wanted to develop an expertise second to none in the area, and they wanted to increase public confidence that they were the premier service shop in the area.

As a next step, they began amending the brochures for the purpose of marketing, and they began a series of planned mailings into local neighborhoods. The purpose was to introduce themselves and to offer special deals on brakes, tires, electrical work, and so forth. The idea was to bring in a number of people interested in the same thing tires, for example and to take care of their needs before moving on to other segments of the market.