Car insurance – Inzerce Pujcek http://inzercepujcek.net/ Fri, 22 Oct 2021 04:00:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://inzercepujcek.net/wp-content/uploads/2021/06/icon-87-150x150.png Car insurance – Inzerce Pujcek http://inzercepujcek.net/ 32 32 Experts say Michigan’s “two-party success” on flawless reform is truly a “two-party failure” as people lose their care https://inzercepujcek.net/experts-say-michigans-two-party-success-on-flawless-reform-is-truly-a-two-party-failure-as-people-lose-their-care/ https://inzercepujcek.net/experts-say-michigans-two-party-success-on-flawless-reform-is-truly-a-two-party-failure-as-people-lose-their-care/#respond Thu, 21 Oct 2021 22:40:00 +0000 https://inzercepujcek.net/experts-say-michigans-two-party-success-on-flawless-reform-is-truly-a-two-party-failure-as-people-lose-their-care/ When Michigan lawmakers, the mayor of Detroit and the state governor gathered on Mackinac Island on May 30, 2019 to celebrate his signing of the no-fault insurance reform bill that came from to be adopted, the mood was almost dizzying. It sometimes felt like a family reunion, as Gov. Gretchen Whitmer praised the all-party effort […]]]>

When Michigan lawmakers, the mayor of Detroit and the state governor gathered on Mackinac Island on May 30, 2019 to celebrate his signing of the no-fault insurance reform bill that came from to be adopted, the mood was almost dizzying. It sometimes felt like a family reunion, as Gov. Gretchen Whitmer praised the all-party effort to make sweeping changes to Michigan’s auto insurance system.

“When we see ourselves as people, as Michiganders, we can focus on getting things done,” Whitmer said. “When I know that (Senate Majority Leader) Mike Shirkey comes home for dinner with Sue in Jackson every night, or (then Speaker of the House) Lee Chatfield and his in-laws … When we first see ourselves as Michiganders, we are capable of great things, and that doesn’t end today. “

It was truly a remarkable event. After all, Republican-majority legislatures, under Republican governors, had tried and failed to do the same thing for more than two decades. And now Democrats are joining Republicans in doing what those previous administrations couldn’t.

At the time, Michigan had the highest premiums in the country and Detroit the highest premiums of any city in the country. There are several reasons for this, but the state’s lifetime medical coverage for catastrophic accidents takes all the blame.

The new law would allow people to choose less coverage, which could lower their premiums.

But even as she praised the promising two-party future she envisioned, Whitmer pretended not to heed the warning signs of the bill she was about to sign.

“It’s not perfect, as the majority leader said, but it’s a big step forward and we will continue this march.”

Both sides assured that they would correct the law if necessary later. But Republican leaders in the House and Senate have reneged on those assurances.

Now the catastrophically injured Michiganders – who likely number in the thousands, lawyers say – are losing care because the law allows insurance companies to pay their long-term care providers less than the cost of care, and providers go bankrupt.

In some cases, desperate survivors had nowhere to go other than the hospital.

Emma Winowieki

State Senator Mallory McMorrow meets car crash survivors at Capitol rally

State Senator Mallory McMorrow (D-Royal Oak) says it breaks her heart as families and caregivers push catastrophic survivors in their wheelchairs through the halls of the State Capitol every week, begging help.

“We have had legislation (introduced) to address this,” she said. “It was not taken back, and it will hurt – this is causing horrible damage to vulnerable people. “

McMorrow voted “no” on the bill without fail, although a majority of his fellow Democrats voted yes. She says the process was rushed, sloppy and one-sided from the start.

Far-reaching changes to several no-fault laws have been crammed into one bill. At a hearing, she was only allowed to ask one of 28 questions she had about the bill. And as to who was allowed to testify before the Senate Insurance and Banking Committee?

“All of the hearings were for insurance companies,” McMorrow said, “and we didn’t hear from families or people affected.”

She said earlier versions of the bill did not include a retroactive clause, which would allow insurance companies to reduce payments for catastrophic care before 2019.

The final bill did.

Steve Sinas is a personal injury lawyer at Sinas Dramus law firm that handles cases without fail. He was on Capitol Hill the day of the special voting session. He says lawmakers saw the final bill about an hour before the vote. It was 120 pages long.

“So many lawmakers have told me that, they haven’t had time to read it,” Sinas said.

“They’ve been told to vote for it and be okay with it. I don’t think anyone should agree with bills that are passed without being read by the people who pass them.”

Steve Sinas, Personal Injury Lawyer at Sinas Dramus Law Firm

Sinas says the law was initially hailed as a bipartisan success. But he heard people later describe it as a bipartisan failure. He said there were other bills that could have addressed the issue of excessively high premiums, without depriving accident survivors of necessary medical care, but Senator Lana Theis (R-Brighton) refused to hold hearings on bills.

Governor Whitmer has since called on the state legislature to correct the law. But Wayne State University law professor Wayne Miller, a no-fault expert, says Whitmer should never have signed him in the first place because she knew – or should have known – it would have a devastating effect. on road accident patients.

He says he and other no-fault experts were called to the governor’s office a day before the vote.

“We thought we were called for an emergency conference, like ‘We’re about to make a deal, we want your advice and we want you to look at what we’ve written.’ It was nothing like that, ”he said. “It was a done deal.”

Instead of a meeting with the governor’s main negotiator, a staff member handed them a copy of the final bill.

Frankly speaking, everyone freaked out when they saw what was in it.

“We said, ‘Oh my God,’” Miller remembers, because they could immediately see that Bill would destroy the entire Michigan care system for survivors of catastrophic car accidents – not just former survivors, but all of those who go ahead.

Miller says they urged governor’s aides not to let her sign the bill. They tried to slow down the Republican and Democratic leadership in the House and Senate.

“But these lawmakers were too stupid or indifferent to let this snowball coming down the hill to be examined by people who knew what they were talking about,” he said.

Two years later, hope for a lasting bipartisan spirit in passing the new law has faded. Detroit’s auto insurance premiums are still the highest of any city in the country, according to the Consumer Federation of America.

Senator McMorrow has said that although the governor has called for a solution, Senate Majority Leader Mike Shirkey (R-Clarklake) and Senate Banking and Insurance Committee chair Lana Theis will not be out. OK.

She said some of her fellow Democrats had been promised hearings on bills they were interested in, if they voted “yes” on the reform bill without fail. She said they never had these hearings. Assurances from Shirkey and Theis that there would be opportunities to correct the hastily drafted law then turned out to be equally unsuccessful.

“I think the reality is they don’t care,” McMorrow said. “And this is something that is very difficult for me to struggle with. And there is a level of comfort with just lying.”

Lawyer Steve Sinas said his biggest fear was what might happen over time. Because it is so easy and so normal for people to go about their business and forget the stories they hear about how the new law leaves road accident survivors without care.

“Then we forget what happened in 2019 with these laws, and we just accept them,” Sinas said. “Oh, we have to move on. This is the new system. And we don’t stop to think, have we really helped people? And if we remember all the stories that come out, the answer goes. just be so clear that we are hurting more people than we are helping with these laws. ”

We asked Governor Gretchen Whitmer, Senator Shirkey, Senator Theis, and Detroit Mayor Mike Duggan for interviews for this story. Their offices did not respond.

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Minimum auto insurance coverage requirements in every state https://inzercepujcek.net/minimum-auto-insurance-coverage-requirements-in-every-state/ https://inzercepujcek.net/minimum-auto-insurance-coverage-requirements-in-every-state/#respond Tue, 19 Oct 2021 14:37:25 +0000 https://inzercepujcek.net/minimum-auto-insurance-coverage-requirements-in-every-state/ Auto insurance is a legal requirement in almost all states. In order to drive legally, you must purchase a minimum amount of auto insurance, which typically includes liability coverage for personal injury and property damage. A minimum coverage policy will not provide any protection for your vehicle in the event of an accident. When purchasing […]]]>

Auto insurance is a legal requirement in almost all states. In order to drive legally, you must purchase a minimum amount of auto insurance, which typically includes liability coverage for personal injury and property damage. A minimum coverage policy will not provide any protection for your vehicle in the event of an accident.

When purchasing auto insurance, you can choose the type of policy you purchase, either minimum coverage or full coverage. A full coverage policy offers much more protection, although the premium is usually much more expensive than the minimum coverage.

What insurance is required?

The majority of states have minimum auto insurance requirements, with the exception of New Hampshire and Virginia. An active auto insurance policy allows you to drive legally. Any vehicle registered in states with minimum insurance requirements must be insured, regardless of how often you drive or how old the car is. Here are the types of coverage that are generally required:

  • Liability for bodily injury (BI): If you cause an accident with another driver, Personal Injury Liability coverage will cover medical expenses related to the injuries of the other driver. It can also cover your legal costs if the other driver sues you for their losses.
  • Civil liability for property damage (DP): Property damage liability coverage covers property damage that you cause to others. For example, if you run into another driver, your property damage liability insurance will pay for repairs to their vehicle.
  • Coverage of uninsured / underinsured motorists (UM / UIM): Coverage of uninsured and underinsured motorists offers protection in the event of an accident with a driver who is uninsured or who does not have sufficient coverage to pay your losses.
  • Injury Protection (PIP): Injury Protection is generally required in no-fault states, but it can be purchased as a rider in no-fault states, depending on your insurer. After an accident, Injury Protection will automatically cover your medical expenses and those of your passenger, regardless of the driver responsible for the accident. It also covers additional expenses resulting from your injuries, such as lost wages or childcare services.
  • Medical Payment Coverage (MedPay): Medical Payments covers injuries sustained by you and your passengers as a result of an accident, regardless of fault. It is similar to PIP, but it is less robust and does not cover essential services.

While these types of coverage are often required at the state level, the minimum amount of coverage allowed per person per accident is different depending on your location. To find the exact minimum coverage requirements in your state, you can visit your state’s insurance department website.

Minimum auto insurance requirements in each state

Before purchasing auto insurance, you will need to check your state’s minimum coverage requirements. Just as auto insurance rates vary from state to state, so do minimum coverage requirements. The table below includes the minimum requirements in each state.

State Liability for bodily injury and liability for material damage UM / UIM, PIP and MedPay
Alabama 25/50/25 Nothing
Alaska 50/100/25 Nothing
Arizona 25/50/15 Nothing
Arkansas 25/50/25 Nothing
California 15/30/5 Nothing
Colorado 25/50/15 Nothing
Connecticut 25/50/25 25/50 UM / UIM
Delaware 25/50/10 15/30 PIP
Florida 20/10/10 $ 10,000 PIP
Georgia 25/50/25 Nothing
Hawaii 20/40/10 $ 10,000 PIP
Idaho 25/50/15 Nothing
Illinois 25/50/20 25/50 UM
Indiana 25/50/25 Nothing
Iowa 20/40/15 Nothing
Kansas 25/50/25 $ 4,500 PIP
Kentucky 25/50/25 $ 10,000 PIP
Louisiana 15/30/25 Nothing
Maine 50/100/25 50/100 UM / UIM
$ 2,000 MedPay
Maryland 30/60/15 30/60/15 UM
$ 2,500 PIP
Massachusetts 20/40/5 20/40 UM
$ 8,000 PIP
Michigan 50/100/10 Six PIP options: minimum $ 50,000 for people insured on Medicaid
Minnesota 30/60/10 25/50 UM / UIM
$ 40,000 PIP
Mississippi 25/50/25 Nothing
Missouri 25/50/25 25/50 UM / UIM
Montana 25/50/20 Nothing
Nebraska 25/50/25 25/50 UM / UIM
Nevada 25/50/20 Nothing
New Hampshire* 25/50/24 25/50 UM
New Jersey 15/30/5 15/30 UM / UIM
$ 15,000 PIP
New Mexico 25/50/10 Nothing
new York 25/50/10 25/50 UM
$ 50,000 PIP
North Carolina 30/60/25 30/60/25 UM / UIM
North Dakota 25/50/25 25/50 UM / UIM
$ 30,000 PIP
Ohio 25/50/25 Nothing
Oklahoma 25/50/25 Nothing
Oregon 25/50/20 25/50 UM / UIM
$ 15,000 PIP
Pennsylvania 15/30/5 $ 5,000 PIP
Rhode Island 25/50/25 Nothing
Caroline from the south 25/50/25 25/50/25 UM
South Dakota 25/50/25 25/50 UM / UIM
Tennessee 25/50/15 Nothing
Texas 30/60/25 Nothing
Utah 25/65/15 $ 3,000 PIP
Vermont 25/50/10 50/100/10 MU
Virginia* 25/50/20 Nothing
Washington 25/50/10 Nothing
Washington DC 25/50/10 25/50/5 UM
West Virginia 25/50/25 25/50/25 UM
Wisconsin 25/50/10 25/50 UM
Wyoming 25/50/20 Nothing

* New Hampshire and Virginia do not require drivers to purchase auto insurance. The minimums reflect the minimum limits required if auto insurance is purchased.

States with no auto insurance requirements

The only two states that do not have a formal auto insurance requirement are New Hampshire and Virginia. However, drivers in these states may still have to prove some form of financial responsibility in the event of an accident. Drivers must have sufficient funds to compensate another driver for losses, be it property damage, medical bills or lost wages, in the event of a at-fault accident. New Hampshire and Virginia have alternatives that may be necessary for drivers who choose to forgo traditional coverage.

Here are the auto insurance alternatives for New Hampshire and Virginia:

  • Proof of financial responsibility: Rather than purchasing a regular auto insurance policy, New Hampshire drivers can file an operator warranty with the state treasurer or the DMV. An operator’s safety checks that the driver has enough money to cover the losses of another driver in the event of a at-fault accident.
  • Uninsured motorist costs: Drivers in Virginia are required to pay an uninsured motorist fee of $ 500 to the DMV if they do not purchase a regular auto insurance policy. There is no charge in New Hampshire for not having traditional auto insurance.

Despite the fact that auto insurance is not mandatory in New Hampshire and Virginia, drivers are still encouraged to purchase a standard policy. Without auto insurance, drivers are entirely responsible for compensating another driver for their losses if they cause an accident. Additionally, drivers without comprehensive coverage would have no financial protection for damage to their vehicle or medical bills in covered incidents.

Frequently Asked Questions

Is it better to have minimum coverage or full coverage?

Most auto insurance companies sell minimum and full coverage policies. While at least a minimum coverage policy is required in most states, a comprehensive coverage policy offers significantly more financial protection. On the other hand, a minimum coverage policy is usually much cheaper than a full coverage policy. If you want more financial protection and have enough to pay for the policy, consider getting comprehensive coverage.

What does a full coverage auto insurance policy include?

A full coverage auto insurance policy includes liability insurance, as well as collision coverage and full coverage. Collision insurance covers repairs to your vehicle after an accident, while Comprehensive coverage covers repairs to your vehicle after an incident without a collision.

What is no-fault insurance?

No-fault auto insurance, also known as personal injury protection, is generally required in states with no-fault laws. Injury protection will automatically pay your medical bills and those of your passengers after an accident, regardless of the driver at fault. By comparison, in states that do not have no-fault laws, the at-fault driver is typically responsible for covering the other driver’s injury-related bills through personal injury liability coverage.

How much does auto insurance cost?

The cost of auto insurance is different for every driver and it depends on a variety of personal factors. Your condition, insurance history, driving record, and deductible can all affect the cost of your insurance. Bankrate’s 2021 Annual Quoted Premiums Study found that in the United States, the average auto insurance premium is $ 1,674 per year for a full coverage policy and $ 565 per year for minimum coverage. . To find cheaper coverage, it helps to shop around and get quotes from multiple providers.

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Home affordability hits lowest level in 13 years https://inzercepujcek.net/home-affordability-hits-lowest-level-in-13-years/ https://inzercepujcek.net/home-affordability-hits-lowest-level-in-13-years/#respond Mon, 18 Oct 2021 11:00:47 +0000 https://inzercepujcek.net/home-affordability-hits-lowest-level-in-13-years/ Anyone who is trying to buy a home in the current market can tell you that it is no easy task. Between limited stocks and inflated prices, buyers today face their share of challenges. But it’s not just that it’s hard to to buy a house today – it has also become more difficult, financially […]]]>

Anyone who is trying to buy a home in the current market can tell you that it is no easy task. Between limited stocks and inflated prices, buyers today face their share of challenges.

But it’s not just that it’s hard to to buy a house today – it has also become more difficult, financially speaking, to own a. According to the Federal Reserve Bank of Atlanta, a household earning a median salary should spend 32.1% of its income on mortgage payments for a house at the median price. This is the highest percentage of income needed to get a mortgage since November 2008, according to the the Wall Street newspaper.

In fact, the percentage of income needed to cover a median mortgage payment has increased significantly this year alone. At the start of 2021, this percentage stood at 29.1%. It has since risen to 32.1%.

When the Federal Reserve Bank of Atlanta calculates the cost of mortgage payments, it takes into account other ongoing expenses such as property taxes, home insurance, and additional costs that may be bundled into monthly payments. Many mortgage borrowers pay their loan managers more than they owe for principal and interest, and their loan managers take care of property taxes and insurance costs for them.

If you are thinking of buying a home, you might be wondering if you can afford to take care of it. Although we would like to give a definitive answer, the truth is that in today’s market, it is difficult to know.

6 simple tips to get a 1.75% mortgage rate

Secure access to The Ascent’s free guide that reveals how to get the lowest mortgage rate on your new home purchase or when refinancing. Rates are still at their lowest for decades, so act today to avoid missing out.

By submitting your email address, you consent to our sending you money advice as well as products and services which we believe may be of interest to you. You can unsubscribe anytime. Please read our privacy statement and terms and conditions.

Follow the 30% rule

As a general rule, aim to keep your housing costs at 30% or less of your take-home pay. And by “housing costs,” we’re talking about the items accounted for above: mortgage principal and interest, property taxes, insurance premiums, and other expenses (like PMI) for which you might be responsible.

Currently, a median-income household would exceed this threshold by 30% by paying for a house at the median price. This is because this year the growth in home prices has outpaced the growth in wages, making it more difficult for homeowners to keep pace.

If you’re not sure if you can afford a home, your best bet is to run some numbers with a mortgage calculator. This way, you will have an idea of ​​how much you could spend monthly based on factors such as the price of the house you are buying, your down payment, and the interest rate on your home loan.

There is some flexibility

If you can usually keep your non-housing expenses to a minimum (for example, you don’t own a car and spend very little on non-essential expenses), then you can spend just over 30% of your income on the home. lodging. But for the most part, there’s a reason the 30% rule exists, and that’s to prevent buyers from buying too many homes and getting into financial hardship as a result. So if the homes you see for sale where you want to live are too expensive for your budget, you may have to sit back and wait for prices to drop.

When that will happen is a guess. Right now, house prices are high because housing inventories are low. If more homes come on the market, it could help property values ​​go down. At this point, it’s fair to assume that we won’t see a huge influx of homes hit the market until the end of the year. But things could accelerate in 2022 and homes could become more affordable across the board.

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You seriously underestimate the power of shopping for auto insurance – MotorBiscuit https://inzercepujcek.net/you-seriously-underestimate-the-power-of-shopping-for-auto-insurance-motorbiscuit/ https://inzercepujcek.net/you-seriously-underestimate-the-power-of-shopping-for-auto-insurance-motorbiscuit/#respond Sun, 17 Oct 2021 03:51:34 +0000 https://inzercepujcek.net/you-seriously-underestimate-the-power-of-shopping-for-auto-insurance-motorbiscuit/ When shopping for auto insurance, it’s easy to get carried away by all the confusing terms and other jargon that come with it. You should also consider factors such as your age, driving record, and the type of car you plan to insure, then call your insurance company for the quote. However, there is a […]]]>

When shopping for auto insurance, it’s easy to get carried away by all the confusing terms and other jargon that come with it. You should also consider factors such as your age, driving record, and the type of car you plan to insure, then call your insurance company for the quote. However, there is a bit more footwork involved. In fact, a recent study by Money Geek shows that many Americans seriously underestimate the power of shopping for insurance, in addition to other important factors.

What drivers think about auto insurance premiums in relation to the real world

Several factors come into play when it comes to getting an auto insurance quote. Most drivers are familiar with some of the basic factors that insurance companies use to generate premiums, but Money Geek’s survey found that there is some confusion between what drivers think of a premium. auto insurance versus reality.

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Payne Insurance Agency offers comprehensive auto insurance in Calhoun and Dawsonville, GA https://inzercepujcek.net/payne-insurance-agency-offers-comprehensive-auto-insurance-in-calhoun-and-dawsonville-ga/ https://inzercepujcek.net/payne-insurance-agency-offers-comprehensive-auto-insurance-in-calhoun-and-dawsonville-ga/#respond Fri, 15 Oct 2021 18:34:08 +0000 https://inzercepujcek.net/payne-insurance-agency-offers-comprehensive-auto-insurance-in-calhoun-and-dawsonville-ga/ Payne Insurance Agency offers economical auto insurance solutions. This press release was originally distributed by ReleaseWire Ellijay, GA – (ReleaseWire) – 10/15/2021 – Founded in 1982, Payne Insurance Agency is one of the largest independent insurance agencies in northern Georgia. With them, people can invest in personal and business risk management solutions. They are particularly […]]]>

Payne Insurance Agency offers economical auto insurance solutions.

This press release was originally distributed by ReleaseWire

Ellijay, GA – (ReleaseWire) – 10/15/2021 – Founded in 1982, Payne Insurance Agency is one of the largest independent insurance agencies in northern Georgia. With them, people can invest in personal and business risk management solutions. They are particularly well known for providing high quality farm, home and life insurance in Calhoun and Ballground, Georgia. Payne Insurance Agency staff members are dedicated to providing clients with excellent personalized customer service based on their years of experience and expertise in the risk management landscape.

No one intends to have car accidents. But unfortunately such incidents are pretty standard. Anyone who has ever been in a car accident should know how tedious and time consuming the consequences can be. In addition to dealing with physical injuries and mental and emotional trauma, people also have to manage the expenses associated with auto repairs, medical treatment, and civil liability. All of these hassles and costs can be quite overwhelming for anyone. To avoid such an eventuality, people must invest in a good auto insurance plan.

Having liability or liability insurance is a law in many states. Apart from that, people can also invest in a comprehensive policy. Third party insurance covers people against legal and financial obligations towards a third party. On the other hand, a comprehensive policy protects them against damage caused by accident, fire, theft or natural disaster. For most people, a simple third party insurance plan will not be enough to protect themselves from the dangers they might encounter on the road. Therefore, it is essential to explore more comprehensive risk management options.

Payne Insurance Agency is one of the most prestigious providers of comprehensive auto insurance in Calhoun and Dawsonville, Georgia. Through them, people can also benefit from good driver discounts, good student discounts, adult driver discounts, automatic discounts and multi-policy discounts. These discounts allow people to enjoy extended coverage at affordable prices.

Call Payne Insurance Agency at 706-635-7555.

About Payne Insurance Agency
Payne Insurance Agency offers a wide range of insurance solutions to residents of Ellijay, Blairsville, Jasper, Blue Ridge, Dawsonville, Ballground, Calhoun and surrounding areas.

For more information on this press release visit: http://www.releasewire.com/press-releases/payne-insurance-agency-offers-comprehensive-car-insurance-in-calhoun-and-dawsonville-georgia -1346954.htm

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Explanation of common auto insurance terms https://inzercepujcek.net/explanation-of-common-auto-insurance-terms/ https://inzercepujcek.net/explanation-of-common-auto-insurance-terms/#respond Thu, 14 Oct 2021 17:23:42 +0000 https://inzercepujcek.net/explanation-of-common-auto-insurance-terms/ No matter what industry you venture into, there is no doubt that it has its own jargon. Many key terms are unique and varied. When purchasing auto insurance, you will likely come across terms that intimidate you. Fortunately, you’re not the only one who feels the need for a crash course in the language of […]]]>

No matter what industry you venture into, there is no doubt that it has its own jargon. Many key terms are unique and varied.

When purchasing auto insurance, you will likely come across terms that intimidate you. Fortunately, you’re not the only one who feels the need for a crash course in the language of insurance.

As requested auto insurance quote, it’s important to have a basic understanding of what you’re getting into before insuring yourself and your car. To get you started on your car insurance knowledge travel, here is a list of common terms to understand:



Agreed value

This is the specific amount for which you and your insurer agree to insure your car. When your insured car is lost or damaged, the agreed value is the amount refunded to you.

Automobile liability insurance

This is also called automobile liability insurance. Automobile liability coverage is compulsory or optional. Be sure to check the laws in your state to find out if you need to get this coverage. Think of it as protection after a car accident that makes you liable for the damages. This type of coverage comes in two forms:

  • Property damage liability covers the costs of loss and damage to the property of others caused by the accident.
  • Personal injury liability covers the costs related to bodily injury or bodily injury caused by the accident.

Classic Car Insurance

This type of coverage will provide you with insurance to help protect your valuable car. Although the types of classic cars vary, your vehicle is of great value when it is at least 20 to 30 years old. Past restorations and customizations can add more value to the car, so the cost of damage, loss, or repairs can go beyond standard auto insurance limits. This special policy covers the insured vehicle for an amount agreed between you and your insurer.

Collision coverage

This is optional insurance. It reimburses you if your insured car is damaged after a collision with another vehicle or object, such as a tree or pothole. Find out about local traffic laws to see if this type of coverage is mandatory. There are exceptions to this, including the failure or decline of the car’s engine. For coverage for damage to another person’s vehicle, property damage liability may cover the costs.

Full coverage

This is another optional form of insurance for damage or loss of a car due to fire, natural disaster, vandalism, theft or other cause in addition to the collision. Coverage depends on several factors, such as the current value of your car.

Declaration page

This is also commonly referred to as an auto insurance coverage summary. The declaration page lists all the crucial information, including:

  • personal data (full name, address and description of the insured car)
  • duration of your coverage as a policyholder
  • limits of each coverage you purchase
  • costs
  • other information your insurer might need

Deductible

A deductible is an expense that you agree to pay in the event of loss or damage to a car. Think of it as an “on hand” payment of a specific amount set by you and your insurance provider. Your costs in the event of a collision and full coverage are lower when you set a higher deductible.

Distracted driving

Another crucial term every driver should know about is distracted driving. This greatly affects insurance rates. Way of life choices leading to distractions or violent driving behavior increase the risk of accidents and traffic violations. You can get a hard driving citation or record. Such acts on the road can result in higher insurance rates.

Make sure you obey the traffic rules at all times. This is one way to reduce your premium when you have a policy.

Limits

This is the highest level of protection you will get when insuring your car. When purchasing coverage, you will often see the numbers 25/50/15 on the declaration page. Each number represents your limits (in thousands) for personal injury and property damage in the event of an accident.

Premium

This is the amount you pay your provider, often on a monthly or semi-annual basis. Your insurance provider will ratify the coverages described in your policy after the premium has been paid. The price depends on the type of coverage you will get. Premium rates will increase if you get more comprehensive coverage.

Improve your insurance knowledge

A better understanding of the fine print starts with the basics. Don’t let the complex conditions of auto insurance intimidate you. Further improve your insurance knowledge by asking the insurer of your choice to explain the terms to you. Your insurer can review your summary or suggest alternatives if you are on a budget. This brings you one step closer to the policy that meets your needs and budget.

Sources:

https://www.iii.org/article/auto-insurance-jargon-buster
https://www.nationwide.com/lc/resources/home/articles/insurance-glossary
https://www.cimaworld.com/wp-content/uploads/2018/04/Know-Your-Insurance-Common-Auto-Insurance-Terms-1.pdf
https://www.allstate.com/tr/car-insurance/components-auto-insurance.aspx
http://www.rmiia.org/auto/steering_through_your_auto_policy/Glossary_of_Auto_Terms.asp


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Philadelphians call for help with bullet damage to cars as gunfire continues https://inzercepujcek.net/philadelphians-call-for-help-with-bullet-damage-to-cars-as-gunfire-continues/ https://inzercepujcek.net/philadelphians-call-for-help-with-bullet-damage-to-cars-as-gunfire-continues/#respond Wed, 13 Oct 2021 10:30:42 +0000 https://inzercepujcek.net/philadelphians-call-for-help-with-bullet-damage-to-cars-as-gunfire-continues/ ?? Do you like Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia every day. Owning a car in Philly has always had its fair share of frustrations. New tires required by the city’s notorious potholes can cost $ 200 each. In Pennsylvania, the average cost […]]]>

?? Do you like Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia every day.


Owning a car in Philly has always had its fair share of frustrations. New tires required by the city’s notorious potholes can cost $ 200 each. In Pennsylvania, the average cost of general maintenance repairs such as oil changes and “check engine” alerts is over $ 300 per year, per CarMD.

On top of that, the tragic outbreak of gun violence in Philadelphia may present another budget disruption, unplanned:

Damage caused by bullets.

From shattered windows welcoming people on their way to work to holes uncovered in bumpers as they drive home, car owners across town face yet another expense.

“My partner didn’t actually notice [right away] because he was in a really big rush, ”said Christina Roth, who lives in Port Richmond near Lehigh Avenue, describing her recent experience with the surprise repair. “He called me shopping and said, ‘We have a bullet hole in the car. “It definitely happened on our street overnight.

In a city where more than a quarter of the people live below the federal poverty rate and many more live paycheck to paycheck, this can lead to major financial hardship.

This was the issue facing a resident who submitted a question to Resolve Philly’s Broke in Philly reporting the collaboration. They said their car was damaged in last month’s shooting outside of a West Philadelphia high school football game.

“My insurance does not cover the costs and I cannot afford to have my car repaired which I need to get to work. What help can I get? The person asked. “I can’t drive it with my rear window pulled up. “

While the city of Philadelphia has a grant program that helps victim support organizations raise extra dollars, the city itself does not provide assistance, the city spokesperson said. Kevin Lessard.

Assistance is available at the state level, but it is not intended to cover property damage caused by third parties, said Stacie Brendlinger, victim assistance manager with the Pennsylvania Commission on Human Rights. crime and delinquency.

“We are not in a position to consider any lost, stolen or damaged property,” said Brendlinger. “[A car] would be the property. So we wouldn’t be able to envision a car that has, you know, the glass popped out or a bullet hole or something like that.

In fact, only victims of property damage can usually get compensation for the crime scene cleanup, said Melany Nelson, executive director of Northwest Victims Services, a Germantown-based nonprofit.

If you have a comprehensive auto insurance policy, anything that happens to your car while it’s parked on the street is covered, said Robert Passmore, vice president of auto policy and claims at American Property. Casualty Insurance Association. “Full coverage is a good way to protect yourself against something like this, something unforeseen,” he said.

But it is a more expensive insurance plan.

“If you only have one liability,” Passmore explained, “that only covers damage you cause to other people – injury or damage to vehicles or property.”

According to the Value Penguin website, the average cost of “fair” auto insurance in the United States is $ 1,217 per year, and a rear window on a car can cost as much as $ 400, not including the costs of. workforce.

Over the past two years, shootings in Philadelphia have reached levels not seen in more than 35 years, according to police statistics. As of mid-October, there were already more than 3,120 shooting incidents recorded in 2021.

Over the past decade, shootings have concentrated in certain areas, according to a recent Inquirer report. But they are happening all over the city, as can be seen on the map released by the City Comptroller’s Office.

Roth, the Port Richmond resident, believes her insurance will likely pay for the cost of repairs to her car. But the experience left her more than a little dismayed.

“I have two young children and [my family] is not involved in any form of violence in any way, ”said Roth. “There are condos on the street where I live that sell for $ 400,000 and they are building more now. It’s just… it’s crazy.


Find more resources for those affected by gun violence here.

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Small Business Insurance Options – Forbes Advisor https://inzercepujcek.net/small-business-insurance-options-forbes-advisor/ https://inzercepujcek.net/small-business-insurance-options-forbes-advisor/#respond Mon, 11 Oct 2021 21:55:54 +0000 https://inzercepujcek.net/small-business-insurance-options-forbes-advisor/ Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Starting a new business is an exciting time, and you’ll want to choose the best types of small business insurance policies to protect your business from […]]]>

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors.

Starting a new business is an exciting time, and you’ll want to choose the best types of small business insurance policies to protect your business from the potential costs of claims, damages, and lawsuits. Here is an overview of important insurance policies for small businesses.

Business insurance made easy

Compare free quotes from the best insurers on SimplyBusiness. Get a policy in under 10 minutes.

Liability insurance for companies

General liability insurance protects a small business against claims for property damage and personal injury. As a small business owner, you can be legally responsible if someone’s property is damaged while visiting your business, business, or store. And if your business is responsible for someone’s injuries (excluding employee injuries), liability insurance would also cover their medical bills and lost wages.

Other claims handled by liability insurance include reputational damage, publicity damage, and copyright infringement.

With the help of a business liability insurance policy, your small business will be able to maintain financial stability whether you are sued by a client or another business. A general liability policy also pays your legal fees, as well as settlements and judgments.

Financial lenders, landlords, licensing boards, and corporate clients often need general liability insurance before doing business. So there are plenty of reasons to put commercial liability insurance at the top of your insurance to-do list. A liability insurance certificate will show that you are properly insured.

A liability insurance policy costs an average of $ 42 per month, according to Insureon.

Commercial Property Insurance

A commercial property insurance policy protects the physical location of your small business as well as your business equipment, computers and office furniture. Both owned and leased professional equipment is covered by this policy.

It takes a lot to grow a small business, and there are a lot of things covered by a commercial property insurance policy. Tools, inventory, supplies, security papers and business records are all covered. Commercial property insurance also covers outdoor facilities such as signs and fences.

A commercial property insurance policy generally applies to any loss suffered by your small business due to hazards such as lightning, wind, hail, and fire. Business property insurance also covers theft and vandalism.

A commercial property insurance policy has a median cost of $ 63 per month, according to Insureon.

Business interruption insurance

A business interruption insurance policy replaces a small business’s lost income if you have to temporarily close due to a loss covered by the policy, such as a lightning strike or fire. Other risks covered by business interruption insurance include theft, wind and falling objects.

If any of these issues hit your small business, business interruption insurance pays for money lost due to damaged merchandise, lost income, and additional expenses such as temporarily relocating the business. to a new location.

This is also called business income insurance.

Business interruption insurance costs between $ 40 and $ 130 per month, according to Insureon.

A policy of business owners

A business owners insurance policy (BOP) is a combination of general liability insurance, business property insurance and business interruption insurance. It’s an affordable way to buy insurance for small businesses. Buying the policies separately will mean higher prices.

How affordable is a BOP? It costs an average of $ 53 per month, according to Insureon.

According to the Insurance Information Institute, companies with 100 or fewer employees and revenues of around $ 5 million are good candidates for a BOP.

Commercial auto insurance

Commercial auto insurance is necessary for the cars, trucks, and vans used for your small business.
A personal automobile insurance policy generally excludes any commercial use of a vehicle. This is why it is so important to purchase a commercial auto insurance policy if you own a company car, truck, or van that you use for business purposes.

If you do not purchase professional auto insurance for work vehicles, any claim you make may be denied. You will end up paying for any accidents and other damage yourself which could be very expensive.

Commercial auto insurance costs an average of $ 142 per month, according to Insureon.

Rented and Unowned Automobile Liability Insurance provides liability coverage if employees rent or use their personal cars for business purposes.

Because any driving that you drive for business will not be covered by a personal insurance policy, it is essential to purchase hired auto liability insurance if you are renting a car for work or driving your own car for business purposes. This will give you the insurance coverage you need and save you from a hefty insurance claim if you are at fault for an accident while driving on business.

Cyber ​​liability insurance

A liability insurance policy helps cover the costs of cyber attacks and data breaches. Suppose private customer information is leaked to your company database. If the customer files a claim against your business, liability insurance will help pay the costs. Cyber ​​liability insurance will also help pay for things like notifying customers affected by a data breach and giving them free credit monitoring.

The median cost of liability insurance is $ 140 per month for small businesses, according to Insureon.

Errors and omissions insurance

If your small business provides professional service or offers advice to clients, this is a good candidate for errors and omissions insurance.

Errors and Omissions (E&O) insurance pays the costs resulting from errors you make in your job. This insurance is also called professional liability insurance.

Errors and Omissions insurance will pay to customers who make a claim against your small business. These types of errors include misrepresentation, breach of good faith and fair dealing, negligence, and false or inaccurate advice.

It also pays legal defense costs, judgments and settlements.

Without E&O insurance, you will have to reimburse clients out of pocket and pay a lawyer.

What types of small businesses would benefit from errors and omissions insurance coverage? Here are some examples:

Accountants

Advertising agencies

Graphic designers

Interior decorators

Management and business advice

Real estate agents

Tax preparers

Technology professionals

Travel agents

The median cost of errors and omissions insurance is $ 59 per month, according to Insureon.

Coverage of technological errors and omissions

If you work in technology, you may be able to purchase an Errors and Omissions policy specifically for your type of job. Technology errors and omissions insurance pays for legal and other fees for claims made by customers against a small technology company.

The types of small business tech professionals who could benefit include:

IT Consultants

Internet service providers

IT subcontractors

Software developers

Website Developers

The median cost of technological errors and omissions insurance is about $ 60 per month, according to Insureon.

Commercial umbrella insurance

Commercial umbrella insurance offers an additional layer of protection over other liability insurance policies for your small business. Once you reach your limit of liability on an underlying insurance policy, commercial umbrella insurance will provide additional liability protection.

You can use a commercial umbrella policy with a general liability policy and a commercial automobile policy.

Let’s say your business is sued for $ 1.2 million, but you only have $ 500,000 in a commercial liability insurance policy. Commercial umbrella insurance would cover the $ 700,000 shortfall.

The amount of coverage you choose and the risk level of your business determine how much you will pay for an umbrella policy.

Commercial umbrella insurance costs about $ 40 per month for every $ 1 million in additional insurance coverage, according to Insureon.

Workers’ compensation insurance

If you have even one employee for your small business, you will need to purchase workers’ compensation insurance. Workers’ compensation pays for work-related illnesses and injuries of your employees and is required in most states. This insurance covers medical care, lost wages and disability benefits for employees.

Small business customers pay a median premium of $ 47 per month for workers’ compensation insurance, according to Insureon.

Other types of insurance for small businesses

Here are some additional types of insurance you may need for a small business.

Insurance of directors and officers (D&O). This type of liability insurance policy covers decisions made by directors, officers and members of the board of directors of a company. If they are sued, D&O Insurance may pay their legal fees. For example, directors and officers could be sued by employees, vendors, investors or customers for alleged wrongdoing in the management of the business.

Domestic maritime insurance. Domestic marine insurance covers products, materials and equipment that are transported overland by truck or train. He will pay for goods that have been damaged, lost or stolen.

Product liability insurance. This type of liability insurance covers claims and lawsuits that a company’s products have caused injury or property damage. If you are making a product, this is a good insurance guarantee to have.

Business insurance made easy

Compare free quotes from the best insurers on SimplyBusiness. Get a policy in under 10 minutes.

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What is SR22 insurance? | Advice to students https://inzercepujcek.net/what-is-sr22-insurance-advice-to-students/ https://inzercepujcek.net/what-is-sr22-insurance-advice-to-students/#respond Sun, 10 Oct 2021 18:00:00 +0000 https://inzercepujcek.net/what-is-sr22-insurance-advice-to-students/ After accumulating too many points on your driving record, you may be subject to a one-time auto insurance requirement. You may need to get an SR-22 form from your auto insurer to keep your driver’s license or get it back after it’s revoked. SR-22 is not an insurance policy that provides coverage but a certification […]]]>

After accumulating too many points on your driving record, you may be subject to a one-time auto insurance requirement. You may need to get an SR-22 form from your auto insurer to keep your driver’s license or get it back after it’s revoked. SR-22 is not an insurance policy that provides coverage but a certification that you have one that does.

Dropping off an SR-22 is not a pleasant experience. You will pay higher auto insurance premiums than someone with a good driving record, and you will be limited to a few insurers. Searching for the best deals can help save you money. Here’s what you need to know about it.

What is an SR-22?

An SR-22 form is not actually an auto insurance policy, despite the fact that it may be referred to as “SR-22 insurance”. This is an official document proving that you have obtained the minimum liability coverage required by the state. A statement of financial responsibility (Form SR-22) is also called a statement of insurance liability.

Insurance companies guarantee that you will keep your state’s motor vehicle or insurance service happy by issuing an SR-22. Your driver’s license will be suspended or revoked if you don’t.

When do you need an SR-22?

You can request a SR22 in Illinois to maintain or restore your driving privileges following a major or recurring violation. If you’ve driven a car that you didn’t get an SR-22 for, you may need to get one.

  • You would need an SR-22 when:
  • You have been convicted of DUI, DWI, or some other critical driving offense.
  • You have been arrested for driving without insurance.
  • You have received at least three speeding tickets in the past six months.
  • You have not paid court-ordered child support.
  • Your driver’s license has been revoked or canceled.

In several jurisdictions, you may be required to file an FR-44 for certain offenses, which is a more stringent form than the state minimum. Not all states require an SR-22 or an FR-44. If you need it, your state’s motor vehicle department or traffic court will tell you.

How do I get an SR-22?

Obtaining an SR-22 certificate varies by state, but here’s how it generally works.

When you receive a letter from your auto insurance provider stating that you need an SR-22, contact them first. If you do not have the assistance of the insurer, find a provider who offers it to you.

If you do not yet have auto insurance, you will almost certainly need to obtain a policy in order to have your driving privileges reinstated. The cost of a policy can be divided into two parts: premiums and / or operating costs. The insurer may ask you to pay the full premium up front, either six months or twelve months.

When your auto insurance coverage is in effect, the insurance company will submit an SR-22 form to your state’s traffic authorities.

How much does an SR-22 cost?

Although an SR-22 deposit with your state is usually less than $ 25, there are additional charges that should be considered. When you need an SR-22, your insurance rates can be above average.

The maximum replacement cost is determined by where you live and the offense that prompted your SR-22. Depending on the auto insurance company you choose, your rates vary. It is essential to compare the rates of different insurers in order to get the best rate for you.

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Woman asks GEICO for $ 1 million after allegedly contracting HPV from sex in cars https://inzercepujcek.net/woman-asks-geico-for-1-million-after-allegedly-contracting-hpv-from-sex-in-cars/ https://inzercepujcek.net/woman-asks-geico-for-1-million-after-allegedly-contracting-hpv-from-sex-in-cars/#respond Sat, 09 Oct 2021 17:16:18 +0000 https://inzercepujcek.net/woman-asks-geico-for-1-million-after-allegedly-contracting-hpv-from-sex-in-cars/ Should auto insurance cover suspected transmission of HPV through sex in a car? (Photo: Getty) getty Can 15 Minutes Earn You $ 1 Million In Auto Insurance After You Get The Human Papillomavirus (HPV) From Sex In The Car? This is not how GEICO advertising works. But according to Debra Cassens Weiss writing for the […]]]>

Can 15 Minutes Earn You $ 1 Million In Auto Insurance After You Get The Human Papillomavirus (HPV) From Sex In The Car? This is not how GEICO advertising works. But according to Debra Cassens Weiss writing for the Journal of the American Bar Association (ABA), a woman “demanded $ 1 million from GEICO” after a sexual affair in an automobile left her with more than a steering wheel print. She claimed that carnal knowledge in a car, or more specifically hot and heavy in a Hyundai, gave her HPV.

The Kansas District Oct. 4 court documents used the initials MO for the woman and MB for the person who might have been her back seat driver, so to speak. MB was the owner of the 2014 Hyundai Genesis which served as a makeshift bed. The whole sexy period between MO and MB began in November and early December 2017 and included unprotected sex in the car. In this case, “unprotected” does not mean without auto insurance. MB had two GEICO insurance policies. One was a Kansas family auto insurance policy listing the Hyundai Genesis. The other was an umbrella policy, that is, liability insurance that covers claims beyond those covered by auto insurance and not insurance for the loss of umbrellas. Instead, “unprotected sex” in this case referred to sex without using a protective barrier such as a condom.

According to US District documents detailing the GEICO v MO and MB case, MO claimed that MB did not tell him about his HPV diagnosis or use any protection during their sexy period, even though he knew he was a carrier. of HPV. However, it’s not clear if this was more of an HPV, yeah you know me, situation. MB claimed to have told MO “on three different occasions that he was diagnosed with HPV-positive throat cancer”.

Either way, MO was reportedly diagnosed with anogenital HPV during a routine pelvic exam in November 2018. “Anogenital” is a quick way to say “affecting your anus and genitals”, when you may be. -being in a hurry, like at the supermarket checkout, and you don’t have time for breaks and conjunctions. HPV infection of your anus and genitals can lead to benign lesions such as warts in these areas, but can also eventually lead to malignant lesions such as cervical cancer or anal cancer in these areas. this general region. The court document stated that “she later learned that she had contracted the MB virus”

While sex in a car may put you at a higher risk of having a rear shifter, it is not clear how the act alone can put you at a higher risk of contracting it. HPV. Usually, you can get HPV through direct, intimate physical contact with someone infected with the virus, not from a car. In other words, if you’re wondering if you can get HPV while driving, it’s important to distinguish what you specifically mean by ‘driving’. HPV can live in the epithelial cells that line the surface of the vulva, vagina, cervix, and penis, as well as the mouth and throat. These parts of the body tend to be areas of high use during sex. You won’t often hear someone say, “Let’s have sex, but avoid using our vulvas, vaginas, penises, mouths or throats, no matter how many each of them.”

To avoid getting infected with HPV, you don’t necessarily have to avoid having sex. Instead, take different precautions. First, ask key questions before having sex. “Do you have auto insurance? Is not necessarily one of these key questions. Instead, get to know your potential partner and their history of sex partners and sexually transmitted infections before playing bad. If you have to say “what’s your name again” after sex, you are probably not digging deep enough before such a meeting.

Second, limit the number of sex partners you have. If someone asks you how many mates you’ve had and you have to ask “you mean, since Wednesday,” then you might want to slow things down a bit.

Third, use condoms whenever possible. This means while having sex and not wearing a condom all day. A caveman can do this in a car or elsewhere, but this caveman and anyone else with a penis should use a condom when doing so.

Finally, get the HPV vaccine when you are eligible. The Centers for Disease Control and Prevention (CDC) recommends getting the HPV vaccine at age 11 or 12. You can start the vaccination series from the age of 9. If you are already over this age, you should still get the vaccine as long as you are 26 and under. As I covered for Forbes previously, HPV vaccination can prevent highly preventable cancers such as cervical cancer.

So how the hell did an auto insurance company get involved in this case? Well, look at how on February 25, 2021, MO sent GEICO a letter that stated the following: “Here is the petition that will be filed against your insured, [M.B.]. Before that, we were allowed to make one last attempt to resolve [M.O.’s] claims against your insured for the applicable limits of $ 1 million. Let me know.”

Later that year, MO and MB struck a deal where MO would receive $ 5.2 million. Here’s the twist though. This agreement limited MB’s liability to MO and instead stipulated that MO could collect the price “where appropriate, only from GEICO”. GEICO subsequently declared that it did not even become aware of this agreement until afterwards.

GEICO replied that its insurance policy should not cover such a situation. You can use your car to hit someone and then have sex, but it’s not quite the same as physically hitting someone with your car. Additionally, GEICO pointed out that MB and MO had sex outside of the car. So, unless you are in a “have sex only in the car” relationship, it can be difficult to determine exactly where HPV transmission may have occurred after you have had multiple sex. It’s not like a bell is ringing when HPV has passed from person to person. Additionally, there seems to be some debate as to exactly when MB knew he was infected with HPV.

It is not clear how legal claims and counterclaims will play out between MO, MB and GEICO. But one thing is certain. While GEICO may offer “real service, real savings” and a talking gecko, don’t rely on any type of auto insurance to protect you against HPV. Instead, take real precautions.

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