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Archived Articles about Insurance
How To Find Out What Type Of Cover You Need For Your Van By: Anyone who has ever used the internet to find thei
Anyone who has ever used the internet to find their insurance will know exactly how easy it is. Getting quotes is a simple matter and most policies will have plenty of information attached. So, if you are looking for the answer to a specific question, you will normally find out exactly what you need to know within a very short space of time. After all, there are many types of cover to choose from and it must be the correct one for your vehicle!
For example, if you are the owner of a van, then it is very important to know which category of insurance you need to be looking at. And this will all depend on what you actually use your vehicle for. Did you specifically buy it for work purposes? Or was it simply bought because it was a cheap and useful ‘run-around’ to have?
There are two main types of UK van insurance; ‘Commercial’ and ‘Domestic’. But if you have the wrong one of these in place for your vehicle, then it may prove to be completely void in the wake of an accident! So exactly how will insurance companies determine which of these categories you belong to?
Well, this can prove to be quite difficult. Every insurer will work in their own way and many will have a different take on what is deemed to be ‘domestic’ or ‘commercial’ use. Some owners will have definite commercial uses for their vehicles such as the transport of employees, the carriage of products from A to B or the delivery of parcels to clients. It is easy to see how any of these tasks would be classed as ‘commercial’, but it is not all as clear cut as that...
Many van owners will use their vehicles for carrying tools, belongings or equipment every once in a blue moon. So that would still be seen as ‘domestic’ use, wouldn’t it? And what about taking rubbish down to the local tip for your elderly next door neighbor? Surely this would not be classed as ‘commercial’ use?
As you can see, this is another very good reason to shop around for your vehicle insurance. By reading all of the information about a policy before taking it out, then you will be fully aware of what you are/are not protected against. This research will only take you a very short time and it could prevent you from inadvertently making the wrong decision! After all, what is the point in having insurance for your van if it is totally the wrong type of cover? And if the worst ever does happen, it will be good to know that you are properly protected.(read entire article)(posted on: 2010-08-27)
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Don’t Take Taxis For Granted By: But providing this important service to the public
But providing this important service to the public is not exactly an easy task; it requires a great deal of hard work and many responsibilities are involved. Regular maintenance must be performed on every vehicle, bookings will require some very careful organisation and a comprehensive level of taxi insurance must be purchased each year. These are just a few of the tasks for a public hire company. There is far more to it than running customers from one side of town to another!
All in all, taxis play a huge role in many of our lives. Here are three good examples –
School Runs
Taking the kids to school (or picking them up) is not always practical or convenient. If you are a single parent with a full-time job, then you will be fully aware of just how difficult life can be! Having to dash straight from work to the school will be a stressful experience and, if you are late getting there, your kids may be left hanging around outside the gates...
But taxis offer a great solution to this. Many firms will specialise in doing school runs and this means you have one less chore to worry about.
Shopping Trips
Not all of us are lucky enough to have our own car and this can make certain situations incredibly awkward. Take shopping for instance; you do not have to spend masses of money before you are struggling to carry your bags. Enter the taxi! Calling yourself a cab will save you a long walk home and aching arms.
And if the Great British weather has taken a turn for the worse, then you have even more reason to pick up the phone!
Airport Service
Parking your car at an airport is well known for being expensive; even for a short time. And if you are planning to leave it there whilst you are out of the country, then it will certainly result in a large bill! That’s exactly why so many travellers will make arrangements with a taxi firm well in advance of their trip. This means no worrying about taking a wrong turn on your way to the airport and far less stress.
Besides, let’s face it, when you get back to the country and it has taken you an eternity to get through customs, the last thing you will feel like is driving a long way home.(read entire article)(posted on: 2010-08-27)
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Group Health Insurance Policies – Some Of Its Attributes By: hellykain
In group health insurance the size of the group plays a critical role in the insurance policy benefits. Insurance, provided for the smaller groups have restriction and they have more detailed underwriting of different member within the group.(read entire article)(posted on: 2010-08-27)
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Mortgage Life Insurance By: cisamitesh
It is designed specifically to cover your mortgage – for example if your mortgage equals $300,000, when you take out the insurance, your cover amount would be exactly equal to this.(read entire article)(posted on: 2010-08-26)
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Taxi Insurance – Some Basic Facts By: But taxis are actually in far more danger than mos
But taxis are actually in far more danger than most other vehicles and there are two very good reasons for this.
The first is the sheer amount of time that they spend on the road each day. For the most part, the majority of us will only use our car to make short, simple trips; from home to work, from home to a friend’s house or from the supermarket to the school. Of course, we may go on holiday once or twice a year, but this will still result in a far lower annual mileage than your average taxi driver.
The other reason for a taxi being at greater risk is personal security. If you are picking up complete strangers all day long, then you are constantly putting yourself in danger. Of course, 99.9% of your passengers will simply want to pay the fare at the end of their journey, but there is always the chance of someone trying to snatch your takings... Obviously, when you take all of this into consideration, it is easy to understand why taxi insurance will often be more expensive than standard car cover!
If you drive a cab for a living and are searching for a low cost policy, then it is always a good idea to begin your search on the Net. Looking for cheap online taxi insurance will normally be your cheapest option and it is also the easiest way of finding out the finer details. Many insurers will have well laid-out sites with plenty of information about each of their individual policies, allowing customer to find exactly what they are after both quickly and easily.
The only other thing to bear in mind is that there may well be some exclusion’s attached to a policy for taxi cabs. However, this is by no means unusual as every type of insurance will have certain conditions written into the small print. These exclusions will obviously differ from one company to another, but some are pretty universal. Here are 3 of the most common ones you are likely to come across.
If a driver has a serious criminal record then he/she will normally be refused cover on the ground of them being a danger to the public.
A driver over 65 or less than 25 years of age will not be eligible for cover if they have any physical impairment.
If a taxi firm has a history of frequent collisions then they will receive less financial protection. If they have an exceptionally bad record, then insurance may be refused point blank.
Most people would say that these exclusions were fair enough. After all, an insurance company are not going to risk their reputation by agreeing to cover someone they see as being a danger on the road!(read entire article)(posted on: 2010-08-26)
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Should You Have Income Or Mortgage Protection? By: Gavin Smith
Should you have income or mortgage protection?(read entire article)(posted on: 2010-08-26)
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Hmo-the Full Story By: Norris Rios
Before choosing between a PPO and an HMO, make sure you understand the difference between these two policy types.(read entire article)(posted on: 2010-08-26)
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Cobra Coverage Explained By: Norris Rios
COBRA coverage is a great choice for some individuals, but not all.(read entire article)(posted on: 2010-08-26)
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Homeowners Insurance On Rental Properties By: Norris Rios
Buying home insurance on a rental property is different than buying it on a primary residence. Make sure you let your insurer understand that you are renting.(read entire article)(posted on: 2010-08-26)
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Universal Life Insurance By: Norris Rios
A universal life insurance policy offers fixed growth and a flexible premium.(read entire article)(posted on: 2010-08-26)
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