Commercial opens to the Geico dramatic Spokesperson.
Spokesperson: Could switching to GEICO really save you 15% or more on car insurance? Did the little piggy cry “wee! wee! wee!” all the way home?
Florida is tryingto pass laws to stop fake accident injury doctors at the beginning, instead of arresting them later.
Insurance fraud is rampant. Where ever criminals can find a way to make money in the insurance industry, they do. Making insurance fraud even worse is the tolerance that people have for it.
People have the view that the criminals stealing from an insurance company is okay because there is no physical victim, just a faceless corporation. They don’t realize that they are the physical victim. The insurance company isn’t going to eat the costs of the fraud; they are going to instead pass it on to their clients (you) in the form of increased premiums.
While all states are actively working and trying to prevent insurance fraud, Florida is trying to take an interesting and drastic step in combating it.
The state of Florida requires that all their drivers carry personal injury protection (PIP) insurance to cover accident injuries. PIP kicks in regardless of who is at fault for an accident and covers only the people in your own vehicle.
| State Regulator Information | 800-467-8725 | www.dced.state.ak.us/insurance |
| Insurance Premium |
Avg. Annual Premium: $ 1,132 |
National Average: $1,318 |
| Mandatory Car Insurance Coverage | Bodily Injury Liab.:$50k/100k Property Damage Liability: $25k |
The stars in the Alaskan sky aren’t the only thiings elevated in the state.
Alaska is our nation’s last untamed state. You have a greater chance of running in to a large wild animal here instead of a person, than in any other state. This makes the rules of survival different here, which in turn carries over to their laws as well.
Alaska is the only state in the nation that makes insurance optional in certain parts. For the parts that are required to have insurance, the limits are high and the penalties for not complying are steep
When you apply for new insurance, the insurance company will pull both a C.L.U.E. report and a DMV record on you. The timeframe they are looking at is generally three years. In fact, in some states, like Ohio, three years is all the insurance company gets to see.
If you are applying for new car insurance and you are sure that it has been more than three years since your DUI, don’t bother putting it on your application. The insurance company doesn’t need to know about it and you are not legally required to tell them about it. If it has been less than three years, the DUI will show on your driving record anyhow, and they will add it to your policy.
If they do end up finding something on your C.L.U.E. or driving record that you didn’t claim, your premium could be different than what they quoted without it. They could also cancel your policy if your infractions exceed their limit.
The insurance application you are filling out will ask for any DUIs during a certain time period.
Commercial opens to whistling music and a guy talking on a cell phone. A woman walks up behind the guy and gives him a wedgie. It is the same guy through the whole commercial and we see him next in a hardware store. A contractor walks up behind him and gives him another wedgie.
Unless you work in the car insurance industry, the topic is probably a mystery to you. The words deductible, comprehensive, collision, liability, premium, loss of use and bodily injury are all gibberish when they reach your ears.
Unfortunately, insurance is something that you are required to have by law if you want to drive. Because of how confusing it is many people go around in almost an insurance daze while they get car insurance quotes from the auto insurance companies that they have heard of. In reality, they are completely lost as to what they are actually buying.
Instead of looking at what each insurance company offers in the terms of protection for both themselves and their car, they are instead looking for cheap car insurance. Finding the cheapest car insurance coverage makes having to buy the required product all that much less painful, but misses the whole point of having insurance.
Learning about insurance through your insurance agent or websites like Car Insurance Guidebook will give you the upper hand when you looking for car insurance. You can take your knowledge and not only find the best price for insurance, you can use it to find really great insurance to protect you and your assets. Then you aren’t stuck settling for just average car insurance that can hurt you financially if you ever need it because there isn’t enough protection.
For example, when looking for insurance the car insurance rates are just the first of many factors that need to be taken into account when you are shopping around for car insurance. You also need to take into account the type of vehicle that you are driving. Many people don’t know this.
Are you driving around a vehicle that is a new sedan and can be protected under any blanket insurance policy? Or do you have an old car that you fixed up that needs special protection and could be better covered under classic car insurance?
Don’t just assume that when you compare car insurance that it will be a one-size-fits-all policy. This is where the insurance knowledge will come in handy; you will know what you need to protect yourself and your vehicle.
You will understand what your insurance agent is talking about when they use insurance terms and you will actually be able to make an informed decision. This is much better for you instead of the “nod and smile” approach people take in their insurance agent’s office.
Also just like your life changes your insurance needs will change. This year you may just need to learn about the best deductible to have. Next year you may need to educate yourself on car insurance for young drivers. As the years pass, motorcycle insurance may be something you will need to know.
Many wise people say that you never stop learning, so take their advice and educate yourself on the insurance that you spend a lot of money on and can’t get away with not having.
