How To Get Even With Your Car Insurance Company In 10 Easy Steps – Part 1

How much do you pay for Car Insurance every year?

Eight hundred dollars a year? One thousand? Two thousand?

Whatever the amount you're paying now, you can slash that amount by more than 50% by simply following a few simple strategies.

Can you cut your car insurance costs by investing only 30 seconds of your time? No, that can not be done.

But if you're willing to spend 30 minutes today, this week, or next, I'll show you how to save up to $ 6,000 on your Car Insurance over the next 10 years.

Okay, here we go. Grab your Car Insurance statements page (the page in your policy that details all the coverage's you're paying for) and follow along. Make sure you take some notes. If you do not have your policy, or can not find it, call your car insurance company and get one – they'll send it to you pronto.

STEP 1 – Make sure you're getting all applicable discounts for your vehicles safety features, such as:

– Front, Side or Head Curtain Air Bags; – Automatic Seat Belts; – Anti-Theft Alarms or Tracking; – ABS or Traction Control …. and many more.

Think about the safety features you have …. and write them down.

STEP 2 – Review & Change Deductibles For Comp & Collision.

Most Car Insurance Policies have two deductibles – one for "collision" (you hit someone or someone hits you) and one for "Comprehensive" (all other damage or loss).

For both of these, have at least a $ 500 deductible – preferably a $ 1000 deductible.

Here's why – If you are currently paying a $ 100 – $ 250 deductible, you'll save up to 40% per year on your monthly premiums by moving it to $ 500. That means if you're currently spending $ 1,000 a year on insurance, you're going to get to keep $ 400 every year. If you jump to a $ 1,000 deductible, you could keep almost $ 600 extra a year in your pocket.

I can hear some of you saying, "Wow, a $ 1,000 deductible. That's a lot of money." Yes, it is.

So is paying $ 1,000 a year with that $ 100 deductible …. versus $ 400 a year with a $ 1,000 deductible.

The odds are in your favor – go with the $ 1,000 deductible.

STEP 3 – Review & Change Property Damage Liability.

Have you ever seen a $ 100,000 mailbox? Car Insurance Companies must have. Here's why ….

Property damage is not damage done to an automobile but rather "property" like a mailbox or a utility pole. So, why in the world would you need $ 100,000 dollars of coverage?

In most cases, almost 100% of all property damage claims can be taken care of with only $ 50,000 of coverage. So take a look at your policy to find out what you're currently paying for. And if you have little or no Net Worth, drop your coverage even lower – to $ 25,000 or your States minimum. You can find your States minimum by doing a Google search for "car insurance state minimums."

Here's what to look for on your policy – Many will have your liability coverage's listed like so – 50/100/100 – The first two numbers refer to bodily injury liability coverage. The 1st number is the dollar figure covered per person. The 2nd is the dollar figure per accident.

The 3rd number is the "Property Damage Liability." That's what you need to change. What does yours say?

STEP 4 – Review & Change Bodily Injury Liability.

Although Bodily Injury Liability Coverage is a must, almost all of us end-up overpaying for the coverage we need. This type of coverage specifically covers:

– Any and all occupants of an automobile, whether it's yours or someone else's; – Any and all occupants of another vehicle; – And Pedestrians

Your only goal with this type of coverage is to have just enough protection to protect what is yours …. in other words, your assets. And in order to protect your assets, you need to figure out what your Net Worth is – here's a well known site for calculating your net worth – http://www.kiplinger.com/personalfinance/tools/networth.html?

A great way to slash your premiums is to have no more in bodily injury liability than what your net worth is. Here's a common example of the coverage most people have – If your net worth is only $ 20,000 and you have $ 100,000 in coverage, you're throwing money away.

And if you have little, or negative net worth, just get the required State minimums. You'll need this info to get the lowest car insurance rates. Again, you can get to see your state minimums by Googling "car insurance state minimums."

Here's what to look for when trying to figure out how much coverage you have now. As I said earlier, most Policies today have your liability coverage's listed like so – 50/100/100 – The first two numbers (whatever they might be) refer to bodily injury liability coverage. In this example, there is $ 50,000 in coverage per person and $ 100,000 per accident.

What does your policy say? Are you paying more than your net worth? If so, change it.

STEP 5 – Review & Change Uninsured / Underinsured Motorist Coverage.

The uninsured / underinsured motorist coverage is a fantastic deal for car insurance companies …. and a lousy one for you. This premium alone can increase your auto insurance by a couple hundred dollars a year.

Most people think that uninsured / underinsured coverage is there to get your car repaired if it is hit by someone without insurance …. or someone with lousy insurance.

Wrong.

Any damage done to your car is already covered – by the premium you're already paying for collision.

First things first …. check your policy if your paying for uninsured / underinsured coverage now. If you are, Google "uninsured motorist state requirements" to see if your state requires it.

If it's not required by your State, cancel it.

If the State you live in requires require uninsured / underinsured coverage, make sure you have the absolute minimum required. These minimums are not advertised, change every couple of years and are very difficult to find. So, here's how you handle this.

Do a Google search for your State Department of Insurance, go to the "Contact Us" page, find a phone number, then call and ask what the minims are.

Do not try looking for it. Finding the minimums listed is almost impossible on most State Web Sites – they've buried it so deep you'll never find it. Just call your State Department of Insurance.

I know it's a bit of a hassle to get the info yourself. Yet relying on the Insurance Companies to give you the correct information is not very wise.

Next …. Part 2 of "How To Slash Your Car Insurance Costs In Ten Easy Steps."



Source by Here O'Leary

Personal Budget – 7 Guidelines That Will Help You Plan a Working Budget

Setting up your personal budget requires a hands-on approach. The following guidelines will help you plan a working budget to undertake this journey.

1. Gather all your financial details. That will include all of your bank accounts, credit cards and insurances papers – anything to do with your personal finances. These details will be needed to start your budget.

2. List all sources of income. This includes salary, rental income and regular dividends and interest.

3. Categorise your expenses starting with your commitments – list each item under headings such as:

  • Home: mortgage or rent.
  • Association and professional fees.
  • Insurance: health, motor vehicle, home, contents and life
  • Education costs
  • Day care and child care
  • Loans: car loan, student loan, bank fees and interest
  • Land tax or rates.
  • Other payments required as a commitment: motor vehicle licensing.
  • Investment – yes commit to your future and pay yourself!

4. List necessities – again list each item under headings:

  • Food, groceries, gas (petrol), home maintenance, security.
  • Utilities: gas, water, electricity, rubbish disposal, phone costs
  • School lunches, household supplies, car maintenance, internet service, dry cleaning, monthly parking.

5. Other expenses. Personal everyday expenses covering: lunch at work, snacks, coffee, drinks, newspapers, magazines, batteries, postage. Family and personal allowances: parties, entertainment, weekend outings, movies, concerts, other entertainment and events, home improvements and decorating, magazine and other subscriptions, dining out and fast food. Also include: clothing, hobbies, personal recreation, books, CD’s, manicures, hair care, alterations, shoe repair, personal and family gifts, gardening, film processing, video rentals, sports and gym, donations, computer software and other related items.

6. Once you have all your expenses listed add the total expenses and deduct these from your income. You will need to convert everything to monthly or weekly. This means that bills that are paid once a year must be divided by 12 to get the monthly figure. Convert quarterly payments to an annual figure then convert this to monthly. It is important that you include bills that are paid other than monthly to ensure that the money is available when the bill is due. Place the money in an interest bearing account.

7. Do you need to tweak your budget? When you deducted the expenses from your income was there any money left or did you find your expenses were more than your income? If your situation is the latter you will need to do some tweaking. The commitments cannot change. As for necessities you may be able to cut down on food expenses and find cheaper providers of utilities or try to save costs by being conscious of switching off lights etc. But it is the other expenses category that has the most capacity for tweaking as many of them are not needed and can be reduced or cut out. Review your budget regularly to make sure it is still working for you.

The time to start a personal budget is now and these guidelines are designed to make sure that your budget is truly a working budget — one that works for you!



Source by Lyn Bell

Car Rental in Los Angeles – Best Places to Drive Your Rental Car in Los Angeles

There are several great drives to seek out while enjoying the rental car. Of course most travelers will want to avoid the freeways during rush hours, but there are plenty of scenic routes to see in Los Angeles. Perhaps one of the most beautiful drives is Pacific Coast Highway. Situated along the bluffs overlooking the beaches and Pacific Ocean, PCH offers an unrivaled combination of scenic attractions. Commonly referred to on street signs as "PCH", this highway's most beautiful route is between Laguna Beach and Malibu. Sometimes the traffic is slow, but that gives the traveler a great chance to snap photos and take in the scenery.

Another great drive in Los Angeles is the stretch of Mulholland Drive in the Hollywood Hills. This street is well-known for housing famous celebrities. It is not uncommon to pass celebrities, paparazzi or other famous people while taking this scenic route. Winding and open, the road resemblies a mellow mountain drive.

Griffith Park is another interesting area to drive through in Los Angeles. Located in West Los Angeles, Griffith Park has many long and winding roads surrounded by lush trees, greenery and lowers. It is very common to see wild coyotes running through the park. Drivers may want to stop and look through the observatory over Hollywood and West LA

These are just a few of the best places to drive in Los Angeles with your rental car. For more information and articles on this subject please see our website address located in the Author Signature below.



Source by Peter G Coles

Functions of Different Automobile Parts

Automobiles are commonly can be seen in our daily life. With the development of the economy and the improvement of people’s quality of life, more and more people choose to buy cars for their own usage. Therefore, automobile plays a more and more important role in our society.

There is no doubt that automobiles consist of complex subsystems that work together to provide efficient and reliable transportation. Many different parts have different functions and performance. Some of them are quite familiar to us.

Among all the auto parts, engine is the most important. Its right performance leads to the good condition of the automobiles. It can run on wide variety of fuels such as gasoline, diesel fuel, and ethanol and so on. But do you know how does it work? It takes air from the intake tract and fuel from the carburetor or fuel injectors and compresses it inside the cylinder. Then the spark plugs fire, igniting the air/fuel mixture and forcing the piston down in the cylinder, which turns the crankshaft.

In addition to the engine, the drive axle is also a necessary part as to the whole car. It cooperates well with the transmission to achieve the effects. Generally, the drive axle takes the power from the transmission and channels it to the tires, which in turn propel the vehicle. And the transmission can take the power generated by the engine at the crankshaft and relays it to the drive axle. These parts work together to drive cars.

As to the transmission, it can be further divided into manual or automatic models. The former type is one in which the driver selects gears through the use of a shift lever and clutch pedal in the passenger compartment. While the latter one can shift through forward gears by itself, and the driver only needs to select between drive (forward) and reverse. Obviously, it is more convenient when compared to the former one. Thus, the automatic models are more and more popular among people in recent years.

The parts mentioned above are mainly used to push the automobile forward. However, what part do you need if you want to stop it? The answer is the brake system. It uses the power of hydraulic fluid to transfer the force the driver applies to the brake pedal to a clamping force that slows the vehicle. Then the brake pedal is attached to a master cylinder that pumps brake fluid through steel and rubber lines to each wheel. At each wheel, the caliper forces brake pads to clamp down on the rotor, a large steel disc that is attached to the wheel. This causes the vehicle to slow down.



Source by L Lois

Insurance Coverage for Infertility Treatments

For many infertile couples in the United States, the cost of infertility treatment is prohibitive. While many foreign countries, especially those with declining birthrates, subsidize in vitro fertilization (IVF), the United States government has not yet recognized infertility as a disability that warrants greater scrutiny. Luckily for some, however, legislature in 15 states mandates insurers to offer coverage for certain procedures, making infertility treatments more affordable for thousands of families.

Per the American Society for Reproductive Medicine, the following states require insurers to provide coverage for infertility treatment, albeit subject to restrictions:

  • Arkansas: Providers cover IVF, but the lifetime coverage may be limited to $15,000. Restrictions apply (e.g., sperm and eggs must not be donated, the couple must have tried to achieve pregnancy for at least two years, etc.).
  • California: Providers are not required to cover IVF, but diagnosis of infertility may be covered, as well as gamete intrafallopian transfer (GIFT).
  • Connecticut: Both individual and group plans cover medically necessitated diagnosis and treatment of infertility. Restrictions are imposed on patient’s age (must be older than 40), on the maximum number of treatment cycles (four for ovulation induction, three for intrauterine insemination [IUI], and two for IVF, GIFT, zygote intrafallopian transfer [ZIFT], or low tubal embryo transfer), and on the number of embryos transferred (no more than two per cycle).
  • Hawaii: Plans offer a one-time coverage of IVF outpatient expenses. Eggs and sperm must not be donated. The couple must have tried to become pregnant for at least five years. Other restrictions also apply.
  • Illinois: Group plans of at least 25 participants offer coverage for various infertility treatment procedures, but more expensive ones are covered only after less expensive procedures have been attempted unsuccessfully. No more than four egg retrievals can be covered by insurance.
  • Louisiana: Providers cannot deny coverage for the diagnosis and treatment of correctable medical conditions solely because they result in infertility. Coverage excludes infertility medication, IVF, and other assisted reproduction procedures.
  • Maryland: Group plans of at least 50 participants offer coverage for various infertility treatment procedures, but more expensive ones are covered only after less expensive procedures have been attempted unsuccessfully. In addition, providers may impose a lifetime maximum benefit of $100,000 and three IVF cycles per live birth.
  • Massachusetts: Insurance providers cover medically necessary tests and procedures for infertility diagnosis and treatment, including IUI, IVF, GIFT, and ZIFT.
  • Montana: Only health maintenance organizations (HMOs) are required to provide coverage for infertility services as part of basic preventive healthcare services. The extent of this coverage is not defined.
  • New Jersey: Coverage is provided for IUI, IVF, GIFT, ZIFT, and other infertility treatments if less expensive options have been attempted unsuccessfully. The coverage extends to no more than four egg retrievals.
  • New York: Providers cannot deny coverage for the diagnosis and treatment of correctable medical conditions solely because they result in infertility. Coverage excludes infertility medication, IVF, GIFT, ZIFT, and other procedures.
  • Ohio: Only HMOs are required to provide coverage for infertility services as part of basic preventive healthcare services but only when the procedure is medically necessary. The extent of this coverage is not defined.
  • Rhode Island: Insurance providers cover the diagnosis and treatment of infertility if the procedure is deemed medically necessary.
  • Texas: Some insurance plans cover IVF if no other methods have worked and the couple are using their own eggs and sperm.
  • West Virginia: Only HMOs are required to provide coverage for infertility services as part of basic preventive healthcare services but only when the procedure is medically necessary. The extent of this coverage is not defined.

Note that even if insurance providers are not required to cover infertility treatment, some of them still do. For example, my state legislature does not obligate insurers to provide coverage for IVF or other assisted reproduction procedures, but my insurance plan offers a lifetime coverage of $25,000 nevertheless, after certain conditions are met (e.g., more than a year of failing to achieve pregnancy for those who are over 35, three unsuccessful IUIs before an IVF is attempted, etc.).

Although most health insurance providers do not cover infertility treatments if they are not required to do so, keep in mind that parts of these treatments (e.g., ultrasound imaging and blood tests) can be considered routine tests and thus at least partially covered by the insurer. The same is true for generic medication (e.g., clomiphene citrate). Still, the unfortunate reality is that many couples in the United States find themselves required to pay in full for their infertility treatments, and they have to be able to pay the entire amount up front.



Source by K. Lowery