Hottest Car Insurance

Our vehicle was in a car park at North Manchester General Hospital when it was struck by another car reversing into the next bay, causing damage along its full length. The driver of the other vehicle admitted liability and, while our car was being repaired through his insurer, we were provided with a hire car through ours, the AA. This was done via Claimfast, described by the AA as “one of our in-house companies”.

The accident happened in June last year. We have now received correspondence from Claimfast stating that the other party’s insurer has not paid the cost of the car hire and that we might have to attend court if it takes proceedings against the other driver.

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Car insurance for new drivers: how to get the best deal

It’s well known that finding cheap car insurance for young drivers is like finding the Holy Grail but what many people don’t realise is that the same could be said for new drivers, whatever their age.

It is an unavoidable factor when it comes to car insurance that the newer the driver, the pricier their premiums, but this can be hard to swallow when you are a middle-aged adult who’s just got round to getting behind the wheel.

There are, though, some tips to follow for new drivers of all ages to help them secure the cheapest car insurance deal possible. Firstly, the cheapest cover isn’t always the best.

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A policy that has the entire life time coverage is the Whole of Life Assurance policy. This type of policy is not time specific and runs through out the life and guarantees an assurance that no matter how long or how short your life is, your beneficiaries will receive the promised amount. Therefore, this insurance policy is deservingly more expensive than the term insurance. The premiums are required to be paid annually.

Many people choose the whole life insurance policy over the cheaper term insurance. This policy has a number of long term benefits that makes it a more stable and reliable policy. Read full post…

For quite sometime now, I have admired the knowledge and acumen of Mr. Rajveer Chauhan, the insurance agent who has sold more than a dozen insurance policies to my parents and me. During a casual chat, he complained that he is unable to sell ULIP plans since the equity market is very uncertain. It came as a surprise because for one – the statement came from an experienced insurance advisor and two – the markets have always remained and will continue to be uncertain!

I was now looking forward to hearing his views and queries on ULIPs and markets. So, I participated in the conversation and started exchanging reasons for investing or not investing in unit-linked plans.

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There are a lot of risks which are involved in having your property rented out which is why you need to make sure that you have the right type of landlord insurance policy which can cover you from these risks, helping you avoid having to deal with potentially huge financial losses. These risks including loss or damages to your rental property resulting from tenant misuse or another type of covered incident such as a storm or a fire, liability risks and possible loss of revenue resulting from an inability on the tenant’s part to pay rent or the loss of revenue which can result from not having a tenant occupying your property yet. Read full post…

A two-year operation involving food trucks in Miami, more than a dozen staged accidents and hundreds of thousands of dollars in phony claims recently yielded more than 15 arrests, according to a state official leading a crackdown against such crimes.

Florida Chief Financial Officer Jeff Atwater said Tuesday that the arrest of Yoandris Benitez, who surrendered to authorities Tuesday, is linked to several made last week that broke up a crime ring allegedly operating between 2008 and 2010 and involved fake claims filed under property damage and personal injury protection (PIP) policies, the latter of which is a type of no-fault insurance that reimburses its policyholders for post-crash medical expenses.

Atwater said more arrests are expected.

Other state officials have recently pushed PIP reform, passing HB 119 in both the House and Senate earlier this month.

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