With the bank holiday weekend set to see over 14 million cars on the road, new research from price comparison website MoneySuperMarket reveals that Brits are overloading their vehicles when heading away on holiday or to a festival. Furthermore, two in five (39 per cent) drivers are completely unaware that carrying excess weight could potentially jeopardise their car insurance, should they be involved in an accident. The most common items with which Brits admit to overloading their vehicle include flat pack furniture (15 per cent), suitcases (8 per cent) and large items such as mattresses (13 per cent) – all of which can contribute to a significant vehicle weight gain. Two thirds (66 per cent) of Brits admit to overloading their vehicle on certain occasions, including travelling abroad, visiting friends and family, and moving house. One of the top reasons Brits resort to this is because they ‘have no other choice’ (43 per cent), while one in eight (14 per cent) … [Read more...] about Why overloading your car could see you fined and invalidate your car insurance
Liability vs full coverage car insurance
Tweet TweetSelecting the right car insurance can be difficult if you don’t understand all aspects of it and this is why many people are spending too much money on the insurance for their vehicles. If the time for renewal is now, it is important that you invest time rather than money, into getting the lowest cost and highest quality car insurance that you are able to. In order to help you make the right choice, here are some answers to some very common car insurance questions. What Kinds of Cover Are There? When it comes to the cover which is available, you will find that there are many, some optional and others mandatory as required by law. Let’s first take a look at the covers which are required by law. – Liability Insurance – The majority of states require car owners to have this cover which pays out for any property damage or injuries which you cause to others in an accident. This only covers injury or damage to others, not yourself. – Personal … [Read more...] about Your Car Insurance Questions Answered
‘Mercedes-Benz’–the name speaks for itself. The brand has had a massive impact on the luxury car industry and market over the years. The car insurance for this luxury brand is not that easy to get. An individual invests a fortune while purchasing a Mercedes-Benz. Therefore, such an expensive item should be insured in the best possible manner. Always keep in mind that if you compromise with the insurance of your Mercedes, then you may have to pay a larger cost instead. Good Car Insurance Plan Equals Good Protection Everyone is well-acquainted with the importance and understanding of security. This is why a good Mercedes-Benz car insurance plan will always provide it a well-deserved protection. By selecting a good insurance partner, we can ensure cumulative benefits to secure the most valuable asset. It assures a great peace of mind to the owner, which lets the person enjoy the drive without any stress. Each Car has Different Needs Every model of Mercedes-Benz is … [Read more...] about Love your Mercedes-Benz, Choose only the Best Car Insurance for it
A week after New York resident Juan Thomas bought a 2004 BMW 745i, in December 2012, the bank that financed the purchase—Wells Fargo—contacted him to say that he needed additional auto insurance for the vehicle. This was a bit odd, mainly because the car was already insured. “It didn’t sound right to me,” Thomas said. A month later, he heard again from a Wells Fargo representative, who again claimed his car wasn’t insured. Soon after, he received a bill and found that Wells had placed a collateral protection insurance policy on his account. “From then on, my [cost] just kept going up going up,” Thomas said in an interview. He repeatedly spoke with Wells Fargo representatives, sent along proof of his insurance, but nothing changed. With the insurance, Wells increased his monthly payment from $413.48 to about $600, at first, to, eventually, $1,000. “It seemed like I was never going to get out of debt for this car,” Thomas said. … [Read more...] about How Wells Fargo Screwed $80 Million Out Of Customers Using Unnecessary Car Insurance
So it’s time to renew your car insurance – what do you do? Do you shop around to find the best coverage and services, or do you simply renew whatever car insurance you already have? More often than not, regular motorists will choose the latter for its convenience. After all, switching to other insurers usually involves a lot of hassle, least of which is having to prepare a list of information and documents that aren’t usually known to you – things like the recommended sum insured, details of your existing car insurance, current NCD level, vehicle chassis number and such. No one is going to have all these information right off the top of their head. But what if there’s a hassle-free way around this? With AIG Car Insurance Online, switching from other insurers to AIG can’t get any simpler. All you need to do is key in your car number plate, your own IC number and the place of use (West Malaysia or Sabah/Sarawak). Do that, and voila, all the … [Read more...] about AD: AIG Car Insurance – hassle-free renewal online or easy switch from other insurers. As simple as 1-2-3!