More often than not, many car and bike owners blindly buy insurance for the sake of law, i.e The Third-Party Liability Insurance. People don’t always look at the kind of benefits and what to really expect when something wrong actually happens and you need to make a claim. A car or bike insurance can prove to be really beneficial if you’ve bought the right one. From protecting you against third-party related losses to having your back during accidents both big and small, the right insurance can make all the difference. Considering people tend to wrongly look at insurance as complex and ambiguous, we’ve made things easy for you and, put together the ten things you should compare before just taking up any car or bike insurance. Luckily today you can compare bike and car insurance online and make a wise choice at the comfort of your home. The top ten things you should compare online before picking the right insurance for your car or bike. #1 Check your IDV Your IDV is … [Read more...] about 10 THINGS TO COMPARE WHILE CHOOSING THE BEST MOTOR INSURANCE
Best comprehensive car insurance reviews
Sure as the buds will spring, May also heralds the arrival of summer car-shopping season. When it comes to wheelin’ and dealin’ for new wheels, automakers and dealers alike use the Memorial Day weekend as a traditional kickoff for the year’s most welcoming months to spend time on the lots. If you think this month is a lovely time to update your garage, you’re not the only one. Related: How to Use New-Car Incentives, Rebates and Finance Deals That said, if you’re looking for discounts, major incentives may be hard to come by. Despite Automotive News reporting a 2.3 percent decline year-over-year on overall new-car sales in April, it’s interesting to note that J.D. Power reported incentive spending also declined $300, or 8.1 percent, over the previous 12 months. That’s despite overall new-vehicle prices climbing nearly 4 percent. As ever, where you save depends as much on what you buy. Care to shortcut your way to a few of the more appealing … [Read more...] about What’s the Best New-Car Deal for May 2019?
It's what Australia's banking industry has been fearing, with the government finally releasing its report on the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, with car dealers put on notice.The near-500-page report includes 76 recommendations made by Commissioner Kenneth Hayne QC, which the government is expected to accept in their entirety.Speaking to media from Parliament House, Treasurer Josh Frydenberg said the actions of banking institutions were "driven by greed and behaviour that was in breach of existing law and fell well below community expectations”.“The price paid by our community for this misconduct is immense, and goes beyond just the financial,” he said.While most of the recommendations centred around the conduct of banks and the industry, car dealers will be directly targeted by at least three of the recommendations tabled by the Royal Commission.Recommendation 1.7: Removal of point-of-sale … [Read more...] about Dodgy car dealer tactics called out in Royal Commission into banking industry
Whether you just bought a car or are looking for a new insurer, it is advisable to do your research well. Choosing the right insurance company is the best way to ensure you are covered in the event of an accident or damage. If you fail to do your homework right, you will end up with lots of disputes. This article highlights the six key points you should focus on when selecting an insurance provider. Royalty Free Photo Licence The first factor you should consider is whether the company is licensed to sell car insurance in your country. There will be an insurance website where you can make these confirmations. This is the first step you should take to determine whether a company you found online is legit because scammers rarely go through any formalities. Reputation A company can be licensed and still have a bad reputation. Therefore, it is not enough to check the licence only. You need to go a step further and evaluate their track record in settlement of claims. Check the number of … [Read more...] about 6 Tips for Choosing the Best Car Insurance Company
Automobile insurance in Baltimore and other cities across the country is prohibitively expensive for low-income drivers, particularly those who have financed a vehicle, according to a report released Monday by the Consumer Federation of America.Variations in rates charged by insurers based on factors unrelated to driving — including where they live, their credit score, their education level and their occupation — also make it more difficult for less affluent city residents to afford coverage, the group said."High auto insurance premiums represent a huge barrier to car ownership, and economic opportunity, for millions of lower-income Americans," said Stephen Brobeck, the group's executive director, in a statement.J. Robert Hunter, the group's insurance director, said the issue can hamper cities' efforts to grow. As an example, he described a Baltimore resident struggling to hold a job in the surrounding suburbs."The people living downtown have no way to get there, even if … [Read more...] about Consumer advocates call for cheaper auto insurance for low-income residents in Maryland