Underwriting Auto Policies

dvIt is the most affordable type of auto insurance, yet it complies with state’s regulations. All optional coverage for example Rental Reimbursement and Roadside Assistance are not in the policy to reduce the premium without losing the necessary protections.

Standard and Non-Standard Insurance Market

There are two different types of insurance markets including standard and non-standard markets. The former is the typical auto insurance for drivers with little to zero traffic tickets in the driving records. Insurance companies regard consumers of this market as low-risk drivers. Non-standard is for drivers who have major traffic violations histories such as speeding or DUI. For these drivers, acquiring auto insurance from the standard market can be difficult due to strict approval requirements by providers.

Standard market insurers are reluctant to provide policies because of the following reasons:

· High-risk drivers have tendencies to commit the same traffic violations

· There is a chance that the insurer must pay a considerable amount of compensation for repeated violation

· Some drivers get their high-risk status because of policy cancellation from the previous company as a result of frequent late payment

Non-standard market insurance consumers or high-risk drivers must pay a higher price for the policies, but the system allows them to get an easy approval. Regardless of past driving records or involvement in the accident, all applicants should acquire auto insurance policies to help them get back on the road without problems.

Minimum Auto Coverage

Every driver only needs to acquire the state’s minimum coverage requirements to drive without breaking the law. Depending on the states, the coverage limit can be different, but most states require at least the following coverage in the policy:

· Bodily Injury Liability: the coverage that provides payout or compensation following an accident in which the policyholder is at fault. The payout is for someone else who sustains injuries.

· Property Damage Liability: similar to Bodily Injury, the payout is for someone else whose properties or cars suffer from damages in an accident. The at-fault party must help cover repair or replacements.

In some states, Personal Injury Protection (PIP) is also a mandatory coverage. This applies in states that use no-fault regulation.

Collision coverage is a financial protection for a policyholder’s vehicle in case it suffers damages from the accident. The payout from this coverage is available to help repair or replace vehicle’s parts.

Comprehensive also has the same purpose, but it only applies when damages are results of non-accident occurrences for examples falling objects, flood, theft, or hitting an animal. Both optional coverage types are sometimes mandatory by a leasing or financing company.

Payment Options

All high-risk drivers can revoke their high-risk status after taking some obligatory courses for example Defensive Driving or Driver’s Education Course. Please remember that driving without insurance is an illegal act. The price for insurance from non-standard market is higher, but the company allows for flexible payment options as follows:

· Economy Plan: payment system which allows policyholder to pay the down payment to acquire a policy. Installment every 30-day applies for the remaining amount.

· Quarterly Plan: another installment plan in which policyholders can spread the payment and pay once every four months for a year.

· Annual Plan: this is the simplest payment method with one-time payment up front for a year policy.

The rates remain the same throughout one-year policy period regardless of the payment plan applied. The insurance firm guarantees the rate for a full calendar year.

High-risk Drivers

Many people associate the term “high-risk” with repeated violations or major infraction, but most insurers have different views towards the case. Besides bad driving records, some other factors can determine whether or not someone is high-risk including:

· Age: new or teen drivers fall under high-risk category because they have very little experience in driving. Elderly people (70 years or older) are also high-risk due to hearing/vision issues. The company helps these people to get auto insurance in an easy way.

· Address: living in an area where the crime rate is high makes a driver high-risk as well. Cars in such neighborhood often fall victim to vandalism or theft.

· Credit history: The company does not use drivers’ credit history to determine approval.

Apart from those three factors, insurers use many variables to decide whether an applicant deserves approval or cancellation. the company only needs basic personal data to start underwriting auto insurance policies for customers.

Discounts

To help policyholders save money on insurance, the firm offers multiple discounts. There are three categories for discounts:

· Driver Discounts: eligibility requirements include taking Defensive Driving Course or Driver’s Education. Students with good grades are eligible for the discount as well.

· Policy Discounts: more affordable premiums for policyholders who registers multiple vehicles under one policy. Those who pay in full get 31{710595a6fd4306d54c7a33552e6577a4380a4cc9176b97f93e50969b25724753} off premium.

· Vehicle Discounts: installing safety devices such as airbag, passive restraint, cell-phone blocking, and anti-theft system grants more discounts, too.

Mike Heuer is an experienced writer and insurance expert specializing in auto insurance, home insurance as well as other types of insurance. Mike has written several articles about GoodtoGoInsurance Company or just Good2goInsurance for sites like GoodtoGoInsuranceCompany.com and others.

Car Theft Solved by Private Investigators

From time to time, a private investigator might be asked to track down a missing car. A car can be stolen from a public place, private residence, or a car rental agency.

Types of Car Thefts:

During economically challenged times, car thefts increase. Some people try to steal cars from rental agencies by using fake IDs to rent cars, and then simply never return them. Some steal cars for their own use, whether for regular daily use or for transporting contraband and later abandonment. Some turn the stolen vehicles over to chop shops, where the cars will be used for parts. Some just want a car to take on a race or joyride, and will abandon the car after using it for a period of time.

Some will sell a stolen car to an unsuspecting person, who has no idea that he or she just purchased a stolen vehicle. Sometimes, the owner sold the car in good faith to a person who passed a bad cheque. In other cases, a couple may have surrendered their second car to a re-leasing company to cut down on expenses; however, the car may have been leased to a “customer” who disappeared. Thefts may be for convenience – the thief may have some stolen goods to transport.

No matter what the reason for the theft, it’s up to the private investigator to use his or her ingenuity to figure out what happened and track down the car. It’s always a good idea to file a police report first, but because the police might not be able to take the time to track down your vehicle, a good Private Investigator can come in handy.

How We Track Down the Car:

A private investigator will use tools such as phone calls, casual conversations, and interviews. A good Investigator knows how to word questions and statements to get the most cooperation. Most people are shocked if someone they know has stolen a vehicle, and they will want to cooperate. The trick is in putting all the pieces of the puzzle together and tracking down hard information that is admissible in a court case.

Investigators can use license plate scanners, GPS tracking that comes with certain cars, handheld devices, cameras mounted on cars, or interviews with anyone whose job requires driving around, such as delivery workers. PI Agencies in some countries might have memberships in professional organizations where information gathered from license plate scanners is stored in a database. Surveillance on public streets is generally legal and does not overstep privacy issues. One popular technique is keep a watchlist of all vehicles reported stolen by owners, and using the scanners to detect license plates of parked vehicles. Since thieves often switch license plates, it can take time.

The human element in the form of social media and community alerts can work wonders, too. Many people have assisted in recovering their own cars by posting pictures of their stolen cars on social media and asking people to share. It’s never a good idea for a friend to confront a car thief, but it can be really useful if they snap pictures or report sightings of the stolen vehicle without getting noticed by the perpetrator.

Clumsy planning on the part of the thief helps, too. Sometimes a thief will falsify an ID card to rent a car that they never return, but use a real address of someone they know. As we interview the person whose address was used, the person might recognize the description of the thief and give us clues as to where to find him or her. We can then conduct a surveillance and get videos of the perpetrator using the stolen car, which will be admissible in court. Once we have enough evidence to stand up in court, we can wait for the perpetrator to turn in for the night and immobilize the car with car boots before there is any attempt to make contact.

Over the years, Private Investigators form relationships with informants. Knowing how to befriend people who can supply information is golden. Cooperation from all sources is the most important key to solving crimes, and a good Private Investigator knows how to form those relationships.

Other sources of information, although not glamorous, are salvage yards, auto manufacturers, trash bins on public streets, and hidden cameras in public areas. We can also keep lists of vehicles with out-of-area registration tags on them, check on the vehicle registration for those tags, and track down the lienholder (lender) for the vehicle. That is public information and we can call the lender to see if the vehicle is stolen.

Another easy way to verify if a car is the one we’re looking for is to check the VIN number, which is often in plain sight on the driver’s side.

Repossession of the Car:

Once the car is located, it can be repossessed rather easily and the Private Investigator and client will agree upon the method in advance. Upon finding the car, it can be booted or disabled before the PI does one of three things depending on what the client wants: knocks on the suspect’s door and asks for the keys, notify the police, or notify the client. It is never a good idea for the client to contact the perpetrator, but the client could contact the police.

If the client is a business such as a rental car agency, the client may instruct the private investigator to repossess the vehicle. A team of two pis will drive to the location, boot the car, and explain to the perpetrator who they are and why they are there. They will cite to the violator the specific vehicle codes that were violated and the jail time or fines attached with such crimes. They will be firm but also very professional. Most perpetrators will hand over the keys without too much fuss once confronted. If not, a tow truck can be called to remove the vehicle. This should not be done without hard evidence and knowing the laws in your area.

How to Prevent Theft:

Most vehicles sold nowadays have key codes or tracking systems such as LoJack or Onstar. Some have microdots that tag individual parts of the car, so they can be identified if the car goes to a chop shop. However, even very sophisticated systems can be bypassed by professional thieves.

The best car theft prevention devices, such as ignition interlock and pedal locks, disable the vehicle so that it can’t be moved without the right key. If your car does not come with these devices, you can buy a self-setting immobilizer. Always lock your vehicle and park in the safest spots you can.

Unfortunately, car thefts are very common. Using reasonable security precautions and keeping a photograph and copies of vehicle registration information can help you in case of a theft. A good Private Investigator will work for your better interests in recovering the car.

 

What Is the Difference Between a Sports Car and a Roadster?

Have you ever looked at a car and thought maybe that could be a sports car because it only has two seats? It’s elegant like a sports car and as agile as a sports car, but there is a difference between the two. Here is the difference between the roadster and the sports car.

The first car that was made is considered a roadster as it only has two seats installed and no roof. They also call convertible cars roadsters because of the convertible roof. Examples would include the Porsche Boxster and the Aston Martin V8 Vantage Roadster.

A roadster is often considered a sports car as it was made to emphasise the comfort and the handling of the vehicle. However, this was considered a sports car when the fastest car only had two to four cylinders and not a lot of horsepower. A roadster, now, can be just as fast as the BMW M3 but it’s not as warm in the winter months though.

Sports cars are defined by the type of engine they have. The engine usually has to consist of eight cylinders or more to be considered a sports car or super car. Obviously the suspension and turbochargers are part of it but it’s mainly how many cylinders it contains. The car should be able to go from a stationary position to one hundred kilometres per hour in just a couple of seconds; nothing a roadster can’t handle.

Sports cars nowadays are front-engine and front wheel drive vehicles. There are few manufacturers who have rear-engines and rear wheel drive ability such as Porsche and the Audi R8. The layout has been changed because the performance of giving the car torque from the front is better and faster without requiring as much force to push the car.

Unlike the roadster, engineers and manufacturers have tried to make the sports car more practical in case a child or luggage was to be involved with the traveling. They call the four seating layout “2+2”, which means that there the two occasional seats with the general driver and shotgun seats.

Both cars require specific types of wheels and tyres to ensure their optimum driving force. So the wheel suppliers take this into account when designing the vehicles. The wheels must be able to handle high speeds and tight corners.

These types of cars are so similar yet so different especially to the hard-core vehicle enthusiasts. Yet to a normal person, both could serve the same purposes just as well. One could be your holiday car for those hot days and the other could be your super elegant and fast family car.

A1 Wheel and Tyre is a private family owned and operated company specialising in the warehouse and distribution of wheels and tyres to the automotive fitment trade. The company has a well established operation in Johannesburg, South Africa.

Visit our website for details and images of our mag wheel range.

Best Vehicle Insurance Coverage

dvIt is a legal obligation of every vehicle owner to have at least state liability insurance. This is applicable in all states except New Hampshire because of its delay in passing the insurance requirement laws for drivers in the state. However, there are some confusing laws like the R-S-A 264:3 statutes that suspend your driving license and registration if your car is uninsured and you are involved in an at-fault accident.

On the other hand, as a resident of the other 49 states which accommodate more than of the population of the United States, you must get an insurance policy or face legal implications that can financially cripple you. It will, therefore, be wiser to obtain the best affordable vehicle insurance coverage for complete coverage, to satisfy your state’s insurance specifications, as well as a good match for your budget. Here is a summary of the basic types of vehicle insurance

Vehicle Liability Insurance

This basic type of car insurance covers you or another insured driver on your policy, in case an at-fault vehicle accident occurs, this will compensate for the cost or the bodily injuries and the repairs of the car of the third party. Individuals who usually obtain this form of coverage are on a tight budget and minimal assets.

In the event a fatal accident occurs, leading to severe damage, the chances are that the insurance claim will far exceed your policy. Hence the need for an extensive coverage as your assets increases.

Collision Insurance

This form of coverage pays for the damages sustained by your car as a result of a vehicle-related accident, regardless of who is at-fault. So, this policy covers you when you collide with another vehicle or your car gets damaged by some other elements different from colliding with another vehicle. Several scenarios may cause damage to your vehicle that is not resulting from an accident with another automobile and of which may require that you file a claim.

Such scenarios involve colliding with a pole, losing control of the wheels and running into a guard rail. Also, remember that a collision insurance covers only your damaged car and not liable for the third party’s damaged car or property. Liability insurance for damaged property would be responsible for the damaged properties of a third party.

Comprehensive Auto Insurance

This form of insurance offers you a critical cover that keeps your mind at rest. Comprehensive insurance will also protect you against damages not caused to your car by a vehicular crash, but by other causes like fire, water, or in the event your vehicle gets stolen.

A comprehensive cover is best if you reside in an area with high crime rate, where there is a high possibility of your car getting stolen.

Uninsured Motorist

In recent times, auto insurance rates have skyrocketed which makes a lot of people to take the risk of moving around without any vehicle coverage. Now, you could easily guess what would be the outcome in the event an uninsured driver damaged your car; could you afford the cost of replacement? Assuming you recently completed the payment for the vehicle, after six years of committed payment.

It is smarter to increase your premiums slightly and obtain an uninsured motorist protection. This insurance covers you, your passengers, and your car, in case you get hit by a motorist who is under-insured or uninsured. You may either get a UMPD or uninsured-underinsured motorist protection damage or collision deductible waiver (CDW). People with a liability are often the buyers of UMPD; they often ignore the comprehensive or collision policy.

Get Free Quotes for the Best Rates Only

The web is where you can find the most affordable vehicle insurance coverage. Most insurance firms have become aware that customers first search the web and compare different quote before deciding what coverage they will purchase. These carriers are competing to have you obtain their policies; hence, they offer amazing discounts online.

Mike Heuer is an experienced writer and insurance expert specializing in auto insurance, home insurance as well as other types of insurance. Mike has written several articles about Good to Go Insurance Company.

Do you still need the best rates? Good to go insurance will offer you custom quotes for free. We are committed to giving you the best rates so, let’s help you out.

 

Bus Expo: Important Facts and Information

As the name suggests, bus expos are large events for exhibiting the latest buses and related products/services. Bus expos are held globally. They feature exhibitors representing all links of the supply chain. Bus Expos are the ultimate premier showcase events for the bus industry. The free-to-attend shows usually last for a few days (usually 3 days). They offer all stakeholders, including attendees the opportunity to see the latest buses, service and product innovations, meet all industry stakeholders, etc. Whether you are a bus operator, industry stakeholder, supplier or simply a bus enthusiast, bus expos have everything for everyone. They are however the most important calendar events for bus manufacturers and operators. They also offer opportunities for allied/related industries, i.e. service and marketing industries and much more.

Who exhibits?

The expos feature many exhibitors. Some of the main exhibitors include; bus dealers, bus importers and manufacturers, bus converters, workshop equipment parts/accessory dealers, bus repair services companies, legal and financial services companies, i.e. bus financing and insurance companies, passenger information systems companies, fleet management companies and audio/visual equipment companies just to mention a few exhibitors.

Why exhibit?

There are very many reasons why you should exhibit in an expo if you belong to any of the above industries or other related industries. The expos attract tens of thousands of bus industry professionals. The expos also attract professionals from other related industries as well as potential customers. As a result, exhibiting offers a perfect platform for networking and attracting new customers/expanding markets. Exhibitors also have the opportunity to interact with key decision makers in the industry, which is great for future planning. The expos are simply international trade shows for buses which simply means they attract all the benefits trade shows attract for exhibitors.

Why visit/attend?

Successful businesses must constantly strive for development, effectiveness and efficiency to maintain competitive advantage. By going to an expo as an industry player, you discover ways of moving your business forward. Transport companies need better buses and supporting technologies to improve their services as well as make more profits. Bus manufacturers need insights from their customers to make even better buses. Bus industry professionals need to network to move the industry forward. Commuters need to compare different buses and supporting technologies i.e. safety to be able to make more informed decisions when choosing which bus companies to use. In a nutshell, every bus industry player should strive to attend every single bus expo because there is a lot to gain from the experience.

The MCVE Expo

The Malaysian Commercial Vehicle Expo is the largest truck and bus expo in the entire Southeast Asia region. The expo attracts the highest number of industry players globally. The expo is the only one of its kind that meets the needs of the entire logistics, regional trucking and bus industries in Asia. The MCVE also serves as one of the most exclusive platforms for gathering leading manufactures, equipment suppliers as well as service provides in the truck and bus industries in Southeast Asia.