Category Archives: Finance Guide

10 Surprising Things That Can Invalidate Your Car Insurance

One million drivers are uninsured in Britain, which is partially responsible for spiralling insurance costs. It is easy to think that people driving without insurance should face punishment. But did you know that there are other ways you could be driving without insurance? There are many reasons your car insurance might not pay out when you need […]

Theory of Selecting Car Insurance

The same effort is required to select the right car insurance as choosing the car. The market research begins months before the purchase of a car and the buyer test drives nearly all cars within his budget. However, enthusiasm for buying insurance for such a high-priced vehicle drops dramatically. Indians still view car insurance as a statutory obligation. […]

Filing Insurance Claims – Five Things to Remember

1. Always be preparedUnderstanding and knowing the terms of your insurance policy will make it easier to file insurance claims. It doesn’t matter if your policy covers your life, home, auto, or health. Keep a detailed record of all your policies. You should keep a file for every policy that you have. You can place any documents (EOBs, policy updates, […]

Underwriting Auto Policies

This type of insurance is the most affordable, but it also complies with all state regulations. To reduce premiums, all optional coverage such as Rental Reimbursement or Roadside Assistance is not included. Standard and Nonstandard Insurance Market There are two types of insurance markets: standard and non-standard. For drivers who have not received any traffic tickets, the […]

Combating Vehicle Insurance Fraud

The annual rise in insurance premiums due to policyholders who file claims and are compensated by insurers for causing accidents is enough to make auto insurance policyholders mad. To combat criminality, there should be certain measures and everyone must take part in the fight. Even though they have a clean driving record, policyholders don’t like receiving […]