Car Insurance http://www.carinsurance-list.com If you see this, then you see this! Tue, 23 Dec 2008 17:22:31 +0000 http://wordpress.org/?v=2.5.1 Digging Your Way Out of Financial Debt is Easy with PayDay Loans! http://www.carinsurance-list.com/digging-your-way-out-of-financial-debt-is-easy-with-payday-loans.html http://www.carinsurance-list.com/digging-your-way-out-of-financial-debt-is-easy-with-payday-loans.html#comments Tue, 23 Dec 2008 17:21:33 +0000 admin http://www.carinsurance-list.com/digging-your-way-out-of-financial-debt-is-easy-with-payday-loans.html You can do so easily when you look into the low rate payday loan that you need from the right types of institution. Most institutions offer their services with stipulations in order to protect you and the institution itself. This way, you are able to come back for more help and the institution can continue to allow you to borrow from it. Having the resources available to you are great, but it is wise to only use it when you need to. Don’t abuse the privilege you have with a good name and decent credit. It is a loan and should be treated as such. Having the ability to come back whenever you need to is empowering and offers you a feeling of security. Be sure to read all of the stipulations as some vary depending on who you decide to go to.

]]> http://www.carinsurance-list.com/digging-your-way-out-of-financial-debt-is-easy-with-payday-loans.html/feed Two sides of the coin of refinancing http://www.carinsurance-list.com/two-sides-of-the-coin-of-refinancing.html http://www.carinsurance-list.com/two-sides-of-the-coin-of-refinancing.html#comments Sat, 20 Dec 2008 17:50:38 +0000 admin http://www.carinsurance-list.com/two-sides-of-the-coin-of-refinancing.html The majority of people refinance their mortgage because they are being squeezed by the current loan terms. But there are other reasons for looking seriously at a refinancing strategy. The point of refinancing is to renegotiate what you pay. It’s important to note the need to negotiate with your lender. Lenders tend to get upset if you try to change the terms of your loan without consultation, even if your motives are pure. Let’s take an example of your life as a story of success. When you first took out your mortgage, you had a poor paying job. Are you sufficiently certain that your circumstances are going to stay successful? Look around. There may be a recession coming. You will pay fees to change the term of the loan. The other increasingly common reason for renegotiation is to avoid a mortgage adjustment. You have a low starting interest rate but, at the end of the “holiday” period, the rate is reset or adjusted to a higher rate. All these contracts have a fixed period so everyone knows when the higher rate will hit, but not everyone knows what the new rate will be. Most contracts use the prevailing rate on a particular day + an agreed mark-up. That way, you gamble that the rates are not going to rise significantly over the holiday period. But the plan was sold on the expectation that all house prices would keep on rising. If the new mortgage rate was going to be too high, homeowners could sell to realize their capital gain and buy another home on an adjustable rate mortgage. Except the bubble has burst and house prices are dropping so owners are caught with no capital gain and increasing monthly instalments. Whichever side of the coin you find yourself on, money is available in the lending market to help you get what you want. All you need is access to multiple lenders to get the best terms. That’s what you get when you use sites like this.

]]> http://www.carinsurance-list.com/two-sides-of-the-coin-of-refinancing.html/feed Bad credit risk, bad driver? http://www.carinsurance-list.com/bad-credit-risk-bad-driver.html http://www.carinsurance-list.com/bad-credit-risk-bad-driver.html#comments Sat, 13 Dec 2008 22:06:08 +0000 admin http://www.carinsurance-list.com/bad-credit-risk-bad-driver.html This is a good year for drivers in California. Way back when in 1988, Proposition 103 received more than enough support from voters to pass. Basically, voters wanted car insurers to set rates based on the driver’s record and the number of miles driven. Three years ago, the Commissioner for Insurance introduced new rules prohibiting the use of ZIP codes as the primary factor for determining car insurance rates . These rules came into force July 14. This is one battle won for consumers’ rights. The war goes on. Zip codes remain a dominant factor in other states. Similarly, insurers also check out your credit score. Almost every company seems to think that people with low credit score make bad drivers. This personal information is included in your credit history. It gives the companies a snapshot of who you are. Is it fair to look at this information? Unfortunately, yes. Just as a loan company wants to know more about you before making the offer of a loan, car insurance companies want a better idea of whether you take care of your financial affairs before agreeing to pay out if you get in a traffic accident. The first step in setting the auto insurance rate is whether you qualify for any discounts. For example, most companies offer discounts if you can pay an annual premium rather than by monthly or half-yearly installments. Then comes the math work. There are statistical methods to determine the risk of you getting in an accident. If you’re a late payer who gets into trouble with liens and mortgages on your property, if you rent rather than own, you may not take as much care of your property as others. Add in lack of consistency in employment and multiple lines of credit getting close their the maximums, and you’re considered a higher risk driver. It may not feel fair. It probably isn’t completely fair. But that’s the way insurance credit scoring works. So, before you go online for your next car insurance quotes, check out your credit score and, if necessary, repair the score. The Fair Credit Reporting Act gives you the right to get free copies of your credit reports. Use that right and get your credit score into shape before getting quotes.

]]> http://www.carinsurance-list.com/bad-credit-risk-bad-driver.html/feed Car doctors? Get a second opinion! http://www.carinsurance-list.com/car-doctors-get-a-second-opinion.html http://www.carinsurance-list.com/car-doctors-get-a-second-opinion.html#comments Sat, 29 Nov 2008 07:36:44 +0000 admin http://www.carinsurance-list.com/car-doctors-get-a-second-opinion.html Whenever you set up a system, it’s only as strong as the weakest link. Sometimes, the cause of the problem is inside the organization. Other times, the problem is a conflict of interest in the middleman. Whatever the cause, you can get trampled on unless you stand up for yourself. Most days, when you’re driving on the freeway, you get to see the wreckage from traffic accidents. You pass by because it’s not your problem.

Auto insurance companies pick up the pieces. At least, that’s what all the ads say. Out of interest, I tracked down one of the drivers to see how it really goes down. Sarah from Wisconsin was making her usual commute when she was rear-ended. She was lucky. It flipped her over but she was unhurt. She did everything by the book. Waited with her car until the police appeared. Gave her statement and was later cleared of all blame in the report. Everyone who saw her car thought it was a total loss.

“They dropped me off at an approved car rental agency. One telephone call to my auto insurance company and I was driving again.” She shook her head with a wry smile. “I never thought there were going to be problems. Roadside assistance had worked perfectly. I was in a rental car. The wreck had been cleared from the road.

I was expecting a check for a replacement vehicle within days.” Except when the word came from the “certified” repair shop, it was ‘repair’. “Everyone thought they were nuts. Repair a car that badly damaged and you’ve got one problem after another and no-one wants to buy it secondhand. But they kept on like a broken record. Repair, repair. Everything remains the same. Guess they needed the business. I asked the agent to give me the name of another “certified” repair shop. They took one look at the wreck, laughed and called the claims assessors.

]]> http://www.carinsurance-list.com/car-doctors-get-a-second-opinion.html/feed