Cheapest auto insurance in Florence, Sumter, SC and Wilmington, NC

Most car owners consider an auto insurance as an evil. To make insurance payments on a monthly basis appears as a mere wastage of money. But especially when you have a claim this particular insurance can act as a financial savior. Most importantly, this insurance cover is needed by law. Considering its significance we at Able Auto & Cycle offer the cheapest auto insurance plans so that you do not have any excuse not to purchase it. People residing in any part of Florence, Sumter and Wilmington can reap the benefits of our insurance plans.

Explore the different types of auto insurance

  • Auto liability insurance- this insurance will protect an individual you hit when you are at fault in an accident.
  • PIP (Personal Injury Protection) – this will offer coverage both to you and the family members for an injury at the time of an accident.
  • Collision and comprehensive coverage- the comprehensive coverage will offer coverage for damages that are non-accident related like those resulting from hail, flood or fire. The collision coverage will offer coverage to the car resulting from impacts with any other objects or cars
  • Medical payment coverage- the personal injury protection and medical payments coverage are almost identical. But the medical payment cover will begin where the PIP stops. The medical payments coverage will add an extra layer of protection, especially during serious injuries
  • Underinsured and uninsured coverage- although this is optional, but having it is always wise. It is cost effective and worth each penny. This coverage will work wonders if you meet with an accident, especially with a person at fault who is uninsured

With regards to car insurance, cheaper is not always better. But with us you are under safe hands as we are a licensed and certified company, offering cheapest auto insurance in Florence and Sumter, SC and Wilmington, NC. To know more call us today.

Key personal insurance plans in Myrtle beach, Asheville, Winston Salem SC

Insurance is a broad field and there are many different plans and options. When it comes to personal insurance there are some key areas you should cover. Your car, your home and your life. If you need help with personal insurance in Asheville, Myrtle Beach or Winston Salem, then you need look no further than Able Auto & Cycle. Not only do they get you the best coverage, they get you the best price. That is what we call best value insurance.

You need to cover your car. Auto insurance is not negotiable and required by law. Car insurance should cover your liabilities and your damages. If you own residential property, then you will need a home insurance policy. Your home is likely your single biggest investment and that is not something you can afford to lose.

Insurance is not about winning, but rather about not losing everything. You won’t make money out of insurance – not car insurance, not home insurance and not life insurance. But when misfortune knocks on your door, you won’t lose it all.  You will stand to fight another day, another month, another year.

Car insurance and home insurance sort of make sense. But what about life insurance? Well there are some important things we can put under the banner of life insurance. There is health insurance, disability insurance, whole life insurance and term life insurance.

Your health is important and that makes health insurance important. Maybe you are covered under work group scheme and that is fine. Otherwise you will likely need to some private health insurance plan. With all the uncertainty around health insurance it is a good idea to get expert advice.

Disability insurance speaks for itself. If you have loved ones and want to care for them beyond the grave, then term life or whole life are options to consider.

Best value car insurance in Sumter, Florence, Columbia SC

If you own a car, then car insurance is a pretty much a certainty. The only question is from who and which plan. Able Auto & Cycle offers best value car insurance in Florence SC, Hartsville SC, Sumter SC, Winston and Salem NC.

Car insurance is a certainty because it is required by law and the risk of driving around without it is simply not worth it. If you get caught without car insurance, you in for a difficult time. Apart from all the hassles of dealing with the law you will like be ordered to file for SR22 insurance certification. These are not the kind of certificates you want to collect.

Best value auto insurance offers you the best coverage at a great price. It is also easy to get best value car insurance form Able Auto & Cycle. You can get it online in 3 easy steps. Auto insurance coverage should at least include liability coverage and collision coverage. Liability coverage covers you in the event that a third party sues you for injury and damages. This type of coverage is also known as third party insurance. This part of car insurance is compulsory and it addresses your public responsibility.

 

Collision insurance is important because it covers a major risk of vehicle ownership. Without collision insurance, you could be without a car if you don’t have enough money to pay for repairs. There are other risks and events you may want to cover under a comprehensive option. This will cover you for damages resulting from events other than a road accident. Examples include auto theft, storm damage and vandalism.

 

The other side of best value car insurance is how much you pay for it. When you deal with a reputable agent you will get the best possible price.

 

Cycle insurance, motorcycle insurance in Winston Salem, Asheville, NC

Motorcycle insurance can benefit you in ways untold

You are ready to buy a motorcycle? In fact, there are plenty of advantages to own and ride a motorcycle. But at the same time it is considered more dangerous compared to riding a car and this is the reason why it is vital to purchase the best motorcycle insurance coverage from a reputable company such as Able Auto & Cycle. We offer a wide range of insurance plans and our staffs will help you choose the best. The areas that we serve include the ins and outs of Asheville, Myrtle Beach and Winston Salem.

A close look at its amazing features and benefits

  • It will help to cover any form of damage resulting during an accident, no matter the damage is caused in your motorcycle or another person’s car or you cause injury to some other party. These costs in the absence of insurance will add up to a huge amount
  • Being the owner of a motorcycle you should also take into consideration the collision coverage that will work wonders in covering the expenditure of replacement or repairs if your two-wheeler faces an accident. There may be other factors as well that can cause damage to the motorcycle like natural disasters including severe winds and floods. The comprehensive coverage will assist in covering the replacement or repair cost during such events.
  • You can invest in some additional accessory coverage as well that will offer you instant roadside assistance. It includes having your motorcycle towed following an accident or should you get stranded because of mechanical problems
  • Classical motorcycle insurance is also available that is aimed to offer coverage for classic or vintage bikes

If you are interested in these coverage plans and wish to invest in it call us today. We are available 24/7 both online and over the phone.

Auto insurance policy options in Myrtle Beach, Sumter and Florence, SC

Enjoy the financial peace of mind with the right auto insurance policy

You have purchased the car of your dreams and feeling at the top of the world. But it is also vital for you to get it insured. Although the primary advantage of having a car insurance policy is the financial satisfaction that you will be gaining from this coverage but the specific perks that you will receive will differ resting on the coverage type that you obtain. Some of the common benefits include preservation of the car value, insulation from soaring expenses and legal protection. If you are thinking of where you should purchase an auto insurance plan that will best fit your needs and budget, then call us Able Auto & Cycle right away. We are a licensed and authorized company which means you can count on us. Our service areas include the different parts of Florence, SC, Myrtle Beach SC and Sumter SC.

Benefits galore

By investing in the right car insurance policy, you can avail the following list of benefits namely,

  • Car insurance policies are of three types, namely comprehensive, collision and liability. Every state demand different guidelines regarding the exact coverage to carry, but by carrying a liability insurance will prove beneficial as it will insure that he/she is financially equipped for paying in case of damage obligations or third-party injury. This basic coverage indicates that the driver meets his social responsibility to protect others interest while driving
  • Comprehensive and collision coverage will help in paying for damages that has been incurred via your vehicle in a multi or single car accident. The comprehensive insurance will pay for damaging events like vandalism, animal impact and natural disasters. If one selects a full coverage plan they can also enjoy two additional components, namely uninsured/underinsured protection and personal injury protection. The former will protect you, especially when other drivers fail in meeting their respective legal obligations in carrying liability insurance while the latter will help in paying for medical bills which is incurred by you as well as any passengers
  • Last but not the least, with a vehicle insurance a driver can maintain his car easily both for resale value and durability.

With so much of benefits and much more, it is high time that you invest in a good car insurance plan right away. To know more speak to our team of experts today.

 

Insurance in Asheville, Winston-Salem, NC and Myrtle Beach, SC

Insurance is not about winning – it’s about not losing

Able Auto and Cycle can help you with insurance in Asheville, Myrtle Beach or Winston Salem. They understand the risks you face and the consequences of losing everything. They know where to find affordable insurance that will protect your financial interests should misfortune knock on your door. Now you might think insurance is a bit like gambling, but that is not true. You see, you never know when a disaster might strike. And bad things don’t just happen to other people.

Insurance and gambling have some things in common – but apart from those few things they are worlds apart. They both deal with risk and probabilities and employ advanced and sophisticated statistical and mathematical models to ensure they never lose.  In the case of gambling, the house will never lose over time. In the case of insurance, the carrier won’t lose over time. The big difference from a consumer perspective is that with gambling you might win (small chance), but you will likely lose (big chance). With insurance, you won’t win, but you also won’t lose everything.

The risk of losing everything is real. You face many threats and risks every day. These risks can cause damage to property and to your person. For example, a flood could destroy your home. If you don’t have flood insurance, you could lose everything. The same applies to other risks such as fire, accidents, theft, civil unrest, terrorism and more. Insurance by its nature is a risk management tool. Life insurance aside, nobody gets rich from insurance. You won’t get more than you home is worth, or your car is worth.

On the other hand, the risk of losing everything is real and when that happens your life as you know it, is over – unless you have proper insurance.  For a few dollars a month, you can protect your financial interests should the wheels come off. That is the benefit of insurance.

Car insurance policy options in Florence, Hartsville and Sumter, SC

Best value car insurance for your risk profile

You might think car insurance, is well, car insurance. Like six of the one, half a dozen of the other. But that is not quite true. Insurance, be it car insurance or home insurance or any other type of insurance, is a risk management tool. And who understands your risks better than a local independent agent? If you want insurance that covers your real risks in Columbia, Florence, Sumter SC, then you should consult with a local agent such as Able Auto & Cycle. They can help you with all your insurance requirements, including car insurance. They will ensure you get best value auto insurance.

As a car owner and driver, you face specific risks. Now if you only drive your car once a week to the mall and back, you face different risks from the sales person who is out on the road driving highways and byways every day. If your car is equipped with anti-theft devices and parked in a garage every night, the risk of theft is less than for someone who does not have anit0theft devices and whose car is parked on the street every night.

Auto insurance is about risk. From your perspective, it is about your risks and your potential losses. That means you will want to cover yourself in the event of an accident that results in damage or injury to others. So, if you accidently backup and crash into the car behind you, you want to be covered. But if you have not had a flood in 100 years you might question the wisdom of ensuring your car for flood damage. So, you want your car insurance to cover your real risks and potential losses. These might include liability cover and collision cover and possibly comprehensive cover.

From an insurer’s perspective, you have a risk profile that influences how much you pay for your car insurance.  The lower your risk profile, the cheaper your car insurance.

 

 

 

Asheville, Winston Salem, NC, Myrtle Beach, SC motorcycle insurance

A cursory look at motorcycle insurance plans and its benefits

Your search for a company that offers the best motorcycle insurance plans will end with us at Able Auto & Cycle. Often we hear news about injuries and deaths resulting from motorcycle accidents. No wonder to stay protected is always the key. Our insurance plans will help in easing the motorcycle crash aftermath. No matter you own an ATV, cruiser, performance bike or a touring bike, we can have you covered. People residing in any part of Myrtle Beach and Winston Salem can make the most of our insurance plans.

Why these insurance plans are so valuable?

  • Such insurance is mandatory and a key reason of having it is that one is required to via law
  • It will ensure that one’s financial stability does not get wrecked if they are involved in an accident which causes an injury. It will also offer medical coverage
  • It will work wonders in helping one avoid the extra pocket costs, which follow damage to their bike or another person’s property in the event of an accident. There are some policies that also offer collision coverage, which will cover the replacement and repair costs in an accident
  • It will offer protection during vandalism, theft or damage to the motorcycle that is non-crash related
  • It will offer protection during natural disasters such as wind and floods
  • One will receive instant assistance during a breakdown or after an accident. This includes to tow the two wheeler to a nearby repair facility and any essential labor on site
  • One can also enjoy coverage for safety apparel and custom accessories

If you wish to reap the benefits of this coverage, then get in touch with us right away. We are available 24/7 both over the phone and online and will help you all through the process to choose the right plan.

 

Auto insurance policy in Myrtle Beach, Sumter and Florence, SC

Vital facts about auto insurance policies

It is everyone’s dream to purchase a car of their choice but it is equally important in getting it insured as well. We at Able Auto & Cycle offer a wide range of auto insurance plans and policies to cater the variegated needs of the different customers. By choosing our plans you can enjoy utmost protection while on the road along with the ultimate peace of mind when you are behind the wheel. Our service areas include in and around Florence, Hartsville, Myrtle Beach, Sumter and Winston Salem.

Why choose Able Auto & Cycle?

When you choose a car insurance plan from us you can enjoy the following benefits namely,

  • If you are caught up in an accident and inform us from the scene we will arrange repairs and transportation for you
  • Our policies will help in erasing some of your financial worries. We offer accident free protection and with this cover there will not be any increase in the car insurance premium because of the first at-fault accident
  • You can avoid unforeseen expenses. This way you will not require paying any deductible despite being at fault
  • It will act as a worry free choice. Our insurance policies will offer coverage in situations where your car is stolen or breaks down or is off the way following any covered accident. All these facilities have been bundled in one package to help you save money
  • Besides the other advantages which you can enjoy with us include dedicated customer care, exceptional extended coverages, smart services and discounts and commitment to our customer’s claim service satisfaction

If you any queries and questions pertaining to what exactly our insurance plans can cover then simply dial our customer care number or drop us a mail. We will revert back to you shortly.

Insurance plans in Asheville, Winston-Salem, NC and Myrtle Beach, SC

Insurance is something you can and should do

It is more important focus on things we can do than worry about things we can’t do. We can’t stop certain disasters and calamities, but we can plan and prepare for them.   Insurance is something we can do. Insurance, be it car insurance, medical insurance or property insurance, is a risk management tool that we can use and should use to protect against events we cannot predict or stop. Just consider events such as hurricanes and flooding. These events can devastate property and lives. A major tropical storm can leave you with nothing, can leave you in financial ruin.  When that happens, your life as you know it is over.

If you need cost effective insurance in Asheville, Myrtle Beach or Winston Salem, then Able Auto and Cycle can help.  As their name suggests, they specialize is auto and motorcycle insurance, but they can also help you with property and business insurance.

There are many different types of insurance packages and solutions.  Some of the most important types of insurance coverages include property insurance, auto insurance, medical insurance, business insurance, liability insurance and life insurance.

Property insurance protects your most valuable physical asset, your home. You don’t want to be without proper home insurance after a natural disaster such as a hurricane destroys much of your home. Another even more important asset you need to protect is yourself and your ability to work. Medical insurance combined with disability insurance can help take care of you when you need it most.

Auto and car insurance is another essential type of insurance. Apart from the fact that auto insurance is compulsory, the loss of a vehicle can be costly and affect your ability to get from point a to point b.

A sound insurance strategy is part of sound financial management and risk management policy. The risks are too high to be without it.

 

 

Automobile insurance policy in Myrtle Beach, SC and Winston-Salem, NC

Best value automobile insurance in Winston Salem

Automobile insurance can cover a variety of vehicles from cars, to motorcycles, from boats to snowmobiles. But when it comes to driving on public roads car insurance is not optional. Who you deal with and what package you decide on is optional. So when it comes to automobile insurance it is simply a matter of getting best value coverage for your circumstances and your risks.

Able Auto & Cycle can help you with best value automobile insurance. It does not matter whether you need car insurance in Winston Salem, commercial auto insurance in Myrtle Beach or truck insurance in Winston Salem, they can help find the best coverage at the lowest cost.

Auto insurance has to cover a variety of risks and events. Some may be real risks in your situation and other may be less important. For example, if you live in an area where car break ins hardly happen that might not be a big factor in your risk profile. However, there are certain risks that each car owner faces.  The first and most common risk is that of a road accident.

If you are involved in a road accident, or your vehicle is involved in a road accident, there are potentially many nasty consequences. The first is injury and/or damage to others. When that happens you could be liable. That means the person injured can sue you for the costs and losses associated with the said injuries. The person can also sue you for property damage, be it vehicle damage or damage to goods in transit. Apart from third part damage, there are your own potential personal injuries and damages to consider.

Of course when you are injured or your vehicle is severely damaged, you may well require road assistance. You may even need alternative transport while your vehicle is repaired. In addition, you may also suffer loss or damage related to goods in transit.

Automobile insurance is there to cover your losses and those of others. You just need the right auto insurance package. That means you need the right agent or broker to help you.

 

Car insurance in Hartsville, Darlington and Sumter, SC

Car insurance and its primary benefits

No matter you own one or more cars, investing  in the right car insurance plan is a must. In fact, this should be one of your top priorities for the overall protection and well-being of you and your family as well as your asset. If you are in search of auto insurance plans, then call us right away at Able Auto & Cycle. By investing in our coverage plans you will not only enjoy peace of mind on financial terms, but also enjoy other benefits such as legal protection, preservation of the car value and insulation from costly expenses. The areas that we serve include Florence, Myrtle Beach, Sumter, SC, and Winston Salem NC.

Explore the various benefits

  • Legal protection- auto insurance are of three types, namely comprehensive, collision and liability. The liability coverage will insure that you are financially equipped both for damage obligations and also paying for third-party injury. Such basic coverage will also help you in meeting your social responsibility to protect others interests while driving
  • Preservation of car value- By investing in an auto insurance plan, you can maintain your car easily for durability as well as resale value. The right maintenance of your car will naturally help in preserving its value.
  • Insulation from costly expenses- comprehensive and collision coverage will pay for the damages that has been incurred via your car either in a multi-car or single-car accident. The comprehensive insurance will pay for damaging events such as vandalism, animal impact and natural disasters. Uninsured/underinsured and personal injury protection are two extra components that are often included in the full-coverage vehicle insurance plan. Such additional protected areas will help in extending your financial benefits. The underinsured/uninsured coverage will protect you, especially when other drivers do not meet his own legal obligations for carrying liability insurance

To know more give us a call or drop us a mail and we will help you in the best way possible.

 

 

Auto insurance in Florence, Myrtle Beach, SC and Winston Salem, NC

Why you need an auto insurance?

Your search for a company that offers the best auto insurance will end with us. We at Able Auto & Cycle offer a wide range of comprehensive vehicle coverage that will benefit you in ways untold. Our team comprises of extremely qualified and certified professionals who will guide you all through the process to help you choose a plan that will fit your needs and budget well. People residing in and around Florence, Myrtle Beach and Sumter can make the most of our services.

Why you should invest in a car insurance policy?

  • Pays to replace a stolen car- can you afford in purchasing another new car if yours get stolen and also not recovered? It is here where our car insurance policies can help. The fact is it will help to reimburse the worth of the car that was stolen
  • Pays to repair damages resulting from animal collisions- it will help to pay for repairing damages to your car resulting from animal collisions. So if you wish the insurance in paying the amount for your broken windshield, dented hood or smashed fender invest in our comprehensive coverage right away
  • Pays to repair severe weather damage- A tornado or hail can damage your car to some extent. It is here where our comprehensive car insurance plans can help. It will pay for repairs during such scenarios
  • Pays to repair for flood damage- the upholstery and mechanical parts of your car can be destroyed by water. This is exactly where our comprehensive plans will kick in.
  • Pays to repair against fire damage- last but not the least it will help in paying for repairs against fire damage. Car fires happening in the roadside are a staple, indeed of the morning traffic reports. If your car faces this our insurance plan will pay for replacing it

Apart from the aforementioned our car insurance plans will also pay for repairing damage resulting from falling objects like tree branches or due to vandalism. To know more about our plans and policies, contact us right away.

Automobile insurance in Winston Salem, NC and Myrtle Beach, SC

Best value automobile insurance in Myrtle Beach and Winston Salem

Whether you own a car, a truck or a van you need automobile insurance.  Able Auto & Cycle can arrange best value automobile insurance for you in Myrtle Beach and Winston Salem. Best value vehicle insurance won’t cost you more than is should and will cover you for your real risks.

As a vehicle owner your first major risk is that of liability. Even the law recognized this risk and as a result it is compulsory to carry liability cover as part of your auto insurance. If a third part is injured or suffers loss as a result of your negligent or bad driving, then you are in for some serious money. Liability suits can run into millions and when that happens you don’t want to be caught without liability cover. In addition, you may also need passenger liability to insurance should you regularly transport passengers.

Of course there are other real risks each motor vehicle owner faces on a daily basis. The risk of personal injury and damage to your vehicle as a result of a road accident is real and present. Liability cover or 3rd party insurance only covers losses suffered by others. That is why it is called third party insurance.  You are not personally covered by third party or passenger liability insurance since you are not a third party nor a passenger.

For your own protection you will need some type of medical cover such as a personal injury protection plan. The cost of a lengthy hospital stay is not one you want to have to carry on your own. You will be paying medical bills for the rest of your life.

Other important considerations when it comes to automobile insurance is collision cover, road side assistance and alternative transport. You may also want to look at comprehensive insurance to deal with other risks and the possible loss of valuables that you may transport from time to time.

 

 

 

Motorcycle insurance in Asheville, Wilmington, NC, Myrtle Beach, SC

Motorcycle insurance for your peace of mind

It does not matter whether you have a performance bike or a touring bike or an off-ride bike, your ride is valuable and an important part of your life. Motorcycle insurance is an important part of bike ownership and not something you should be without. Abel Auto & Cycle specializes in motorcycle insurance and the can cover your performance bike in Asheville, or your cruiser in Myrtle Beach at affordable rates. They cover most types of motorcycles, from off road bikes to performance bikes.

When it comes to motorcycle insurance it is a good idea to deal with agent or broker who actually understands biking and the motorcycle lifestyle.  There are clear risks when you own and ride a motorcycle. That is why it is good to have the peace of mind knowing you got the type of coverage that will cover you, your ride as well as 3rd parties in the event of an accident and related damage and injury.

You need motorcycle insurance that will cover you in the event that your negligence results in damage or injury to others. This is the liability component of motorcycle insurance and should be part of every bikers’ social responsibility.

You also want to cover yourself for personal injury. This can be in the form of a personal injury protection plan. You also want to cover your ride for damages and related repairs or replacement. Road side assistance could be vital to your well-being and having comprehensive coverage you won’t be left stranded. It is also good idea to cover your accessories and safety apparel.

Motorcycle insurance is also about cost. If you have a good rider profile and a good safety record you will certainly qualify for cheaper coverage. Of course dealing with the right insurance agent will help you get best value motorcycle insurance tailored to your circumstances.

 

 

Car insurance in Hartsville, Sumter and Myrtle Beach, SC

Topic- Why auto insurance plans have turned into a necessity?

Keywords- auto insurance, car insurance

Auto insurance is a necessity and not a luxury and to avail the utmost benefits it is best to invest in the best insurance plans. We at Able Auto Insurance offer new and attractive car insurance schemes which you can benefit from. Our insurance plans will help to protect your car and look after all the pertinent costs during a car accident. As a car owner it is vital on your part to select the right insurance plan which will offer you the desirable coverage. We offer different forms of insurance plans such as liability insurance, comprehensive insurance amid others and our agents will guide you in selecting the right plan that will offer you financial security during a fatal accident. People residing in and around Columbia, Florence, Hartsville, Myrtle Beach and Sumter can reap the benefits of our insurance plans.

Why choose Able Auto Insurance

We are not like any other insurance agency. At Able Auto Insurance we care about our customers and do just everything we can for inspiring, protecting and restoring their dreams. Below are some points that throw light why joining hands with us will be a wise decision. These include,

  • No matter how life changes, with us you will be confident of the fact that you will have the needed support when required and in every pace of the way
  • Getting an insurance for your car need not require being complicated. Our agents will make it simpler in finding the best coverage, which fits your budget, which means you can have the best protection at the best price
  • Our services are prompt and convenient and our agents are completely focused to get you back into normalcy with minimal interruption possible

The bottom line is today getting your car insured has become a necessity especially when the price to own a vehicle is on the rise. So make the most of our insurance plans and stay protected.

 

 

Insurance in Asheville, Winston-Salem, NC and Myrtle Beach, SC

The growing importance of having the right insurance plans

You, your property and your family members are exposed to varied forms of risks at all times. The risk includes the losses. Here the best step will be to invest in the right insurance plan. This is a tool that has been specially designed to cut down the effectiveness or cost of loss resulting from different forms of risks and will help in accumulating funds for catering individual losses. In fact, it is not a tool for preventing untoward event from happening and/or cause of loss yet protect them from the loss via compensating what has been lost. At Able Auto Insurance we offer the right coverage as per your needs and budget. Our aim is to offer the best cover to our clients and keep them protected. Above all, our agents will communicate with you one-on-one, listen and discover the coverage amount which is ideal for you. The areas that we serve include Asheville, Myrtle Beach and Winston Salem.

Why choose us?

  • We are licensed and certified
  • We have good business experience
  • We offer large discounts
  • We provide low down payments
  • With us you can enjoy great coverage and at affordable prices

Our coverage plans will offer security and safety against any form of loss. The life insurance  plans will offer security against old age sufferings and death, the fire coverage will help to protect against fire loss and marine loss will offer safety and protection against loss of cargo and ship. In case of sickness and personal accident, we offer financial protection. Be it health, life, car or any other forms of insurance we offer it all. Our coverage plans will remove your frustration, anxiety, fears and tensions related to the future uncertainty. In fact, by investing in our coverage plans you can compensate the losses cropping up from different risks and thereby enjoy peace of mind. So invest in the right coverage plan today.

Cheapest auto insurance in Columbia, Florence, SC, Wilmington, NC

Cheapest auto insurance is a no-brainer

Finding the cheapest auto insurance in North or South Caroline is easier than you think. If you are looking for the cheapest auto insurance in Florence, Columbia SC or Winston Salem then you need look no further than Able Auto & Cycle. They have access to the cheapest car insurance plans in the market and can help you with the right kind of coverage for your situation. And it’s a lot easier and faster to get auto insurance than you might think.

The can finalize your policy over the phone or can simply use their website to get fast quotes from many difference carriers. It does not matter whether you want insurance for your car, motorcycle or boat, the cheapest auto insurance is just a phone call or a few mouse clicks away. That is because an independent agent such as Able Auto & Cycle has direct access to best value auto insurance plans offered by leading carriers across the country. It is also good to know that you get after sales service as well in the form of claim support and assistance.

You face many risks when you own a motor vehicle and auto insurance is a great risk management tool. For a low monthly premium a carrier will cover your risks as specified in the policy. If you have proper car insurance then should someone institute a liability claim against you, you will be covered. If your vehicle is damaged in a collision, you will be covered. Should someone steal your car, you will be covered. ‘

When you consider the amount of money involved in a liability case or what it would cost to repair your car after a collision, auto insurance is a must. And when you consider that you can get the cheapest car insurance available, then it is really a no-brainer.

 

Auto insurance in Columbia, NC, Hartsville, Myrtle Beach, Sumter, SC

Auto and car insurance is about coverage and cost

If you are looking for reliable yet affordable auto insurance in Myrtle Beach, Winston Salem, Hartsville SC, Florence, Sumter SC or Columbia then Able Auto & Cycle can help. They are an independent agency and they know where to find the best car insurance deals. Their knowledge of automobile insurance enables them to tailor an insurance solution to match your risks and requirements.

There are many risks and perils that can result is serious financial loss if you do not have proper auto insurance. First there is the ever present risk of a road accident. When a collision occurs, damage is inevitable.  That is when you will need collision insurance to save your ride. Without collision insurance you will have to pay the costs of towage, road side assistance and vehicle repairs out of your own pocket. Is that something you can afford?

There is also the risk of injury and or damage to others. When your negligence results in injury to a 3rd party you could face crippling claims that can run into millions. So you need to be sure your car insurance has the right dose of liability cover. Without liability cover you could lose everything. In addition, if you don’t have liability cover, you are breaking the law. The law required ever vehicle owner to carry liability cover as part of their public responsibility.

Automobile insurance can also extend to cover other risks and possible events and costs. These could include damage or loss as a result of a storm, an act of nature, auto theft, vandalism, terrorism, public unrest or just a freak accident.

Auto insurance is not only about coverage but also about cost. That is why it is a good idea to enlist the help of an agent who understands coverage and also knows where to get the coverage you need at the best possible cost.

 

Florence, Columbia, SC, Winston Salem, NC cheapest car insurance

Give your car the right coverage with cheapest auto insurance policies

Auto insurance is likely to take a huge bite out of a person’s budget, particularly if they own more than one vehicle. Relax, there is nothing to worry. With Auto Able & Cycle Insurance you can keep all your worries at bay as we offer the cheapest auto insurance policies. People residing in and around Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia can make the most of our cheapest car insurance policies.

Significance of getting your car insured

  • During an accident when you are at fault, not having a vehicle insurance can leave you in a difficult situation
  • If you get hit by a driver who is uninsured and you do not possess an automobile insurance your medical care will not get covered and health care cost can be really expensive
  • Your inability of funding the cost to replace your vehicle if it was written off or stolen is likely to leave you devoid of transport for quite some time
  • To drive without insurance will leave you liable for third party claims during an accident
  • Your car may get damaged due to weather, get vandalized or stolen so to cover your car against such unexpected events it is best to get it insured
  • One serious collision at times is enough in putting the uninsured driver in bankruptcy. In the absence of an insurance a person is likely to lose everything which is not worth such risks. The amount that people will require spending on car repairs, lawsuit judgements or medical expenses are well worth investing in vehicle insurance

Do not think much. Simply invest in our vehicle insurance plans and drive with peace of mind as you will be confident of the fact that you will be safeguarded against no matter what happens to you while you are on the road.

 

 

Car insurance in Hartsville, Myrtle Beach SC and Winston Salem, NC

Why Having a Car Insurance Plan Matters?

Car insurance will play a crucial role in today’s age as it helps to protect the person driving the car and also its occupants on two accounts, namely accidental damage and also damage coming from the third party claims especially when the driver is accountable for the accident. Thus, people should choose these insurance plans with care. It is here where we at Able Auto & Cycle Insurance can help. Because auto insurance plans help in different areas not having it can result in nerve racking times. With our insurance plans you can enjoy peace of mind. Our service areas include Wilmington, Asheville, Sumter, Elliot and Winston-Salem.

Benefits of Investing in our Vehicle Insurance Plans

  • We offer the finest combination of price, value and coverage to you as well as your car
  • With us availing an insurance is easy. Our agents will help you select the right policy for your car
  • Our insurance agents can provide personal advice on the exact amount of insurance you require for your car and which options are ideal for you
  • Our friendly and dedicated customer service representatives are always there to help you 24/7
  • We offer numerous opportunities and discounts that will help you pay less and save for vehicle insurance
  • We offer you the option of selecting a coverage which is ideal for you. Avail the coverage you require and none that you do not
  • The billing statements that we offer are easy both to read as well as understand
  • You have the flexibility of paying your bill in monthly installments or in full

A car is the second most prized possession after a house so protecting it from all odds is a must on the part of the owner. Here the best way of protecting your valuable asset is by investing in the best vehicle insurance from Able Auto & Cycle Insurance.

 

Cheapest auto or car insurance in Florence, SC and Columbia, SC

Cheapest car insurance for your situation

If you are looking for the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia then Able Auto & Cycle can help.  They specialize in cheap car insurance and they have access to the best plans and rates available from various carriers. That is why they can help you with the cheapest auto insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia.

Insurance is about risk, coverage and premiums. Car and auto insurance is no exception. In order to get the cheapest car insurance, it helps if you lower the risks factors. Now there are some factors you can control and others that you probably cannot do much about. When you take out car insurance it starts with your car. If follows that insurance will cost less for a cheaper than a more expensive one.  Apart from your car there are also certain personal factors that could have a bearing on the cost of your auto insurance. These will include your driving record, our claims history, your location, your driving habits and even your credit score.

 

The amount and scope of coverage will also affect the cost of your premiums. For example, the minimum required liability only insurance will cost less than full comprehensive and umbrella coverage.  However, when you deal with a specialist agent such as Able & Auto you will get the cheapest car insurance possible for your situation and circumstance.

Cheap car insurance does not mean bad car insurance. You can get the best rates and still enjoy the kind of coverage you need. So if you need collision coverage, auto theft insurance, storm damage cover or some form of comprehensive coverage, you will still get the cheapest auto insurance possible.

 

 

 

 

Car insurance in Hartsville, Myrtle Beach, SC and Winston Salem, NC

Auto and car insurance you can rely on

If you are looking for best value car insurance in Wilmington, Asheville, Sumter, Elliot or Winston-Salem then you need look no further than Able Auto & Cycle.  They are an independent agent and they specialize in auto insurance and they know where to find the best deals for car insurance, motorcycle insurance, boat insurance and vehicle insurance in general.

There are many aspects to auto insurance. First there is the cost. No one wants to pay too much for vehicle insurance, be it car insurance, motorcycle insurance, boat insurance or any other type of auto insurance. That is why it is a good idea to get your car insurance from an independent agent who knows where to find the best deals.

Another important aspect of auto insurance is coverage. Do you know what your car insurance actually covers and what is does not?  For example, if your car is swept away by a flood will your insurance pay out?  If you total your car in a road accident, will your insurance pay for alternative transport whilst you are without a vehicle? If some crook steals your car, will your auto insurance pay for a new car? What if someone who does not have car insurance crashes into your car? If you cannot claim from the other guy’s insurance, can you claim from yours? That is why it is a good idea to get your auto insurance from trusted agency who will ensure you get the coverage you need.

That way you don’t have to worry about liability claims, or medical claim or claims for damage. You can have peace of mind knowing you have best value car insurance. This means you don’t pay more for you auto insurance than you should. It also means you are financially covered for your real risks.

Cheapest Auto Insurance in Florence, SC and Wilmington, NC

Make the most of the Cheapest Car Insurance Policies and Protect Yourself from Major Financial Loss

Your car is your most valuable asset isn’t it? But what if it meets an accident and the insurance fails to offer the right coverage? The end result is you will require shelling out a good amount from your pocket. But not any more. We at Able Auto and Cycle Insurance offer the cheapest car insurance covers that will save you against all odds. Our service areas include Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia. So car owners residing in these areas can reap the maximum benefits of our cheapest auto insurance policies.

Key Benefits of Auto/Car Insurance with Able Auto and Cycle Insurance

Our car insurance policies will offer you the below mentioned key benefits namely,

  • Avail the insurance policy and renewal in simple steps
  • We offer cashless claims
  • Round the clock telephone service available, including holidays for claims support as well as other help
  • Towing facility during an accident or a breakdown
  • Prompt Claims Assistance
  • SMS updates related to claim status of your car
  • Our workshops offer trouble-free inspection of your car
  • We offer high service standards

We at Able Auto and Cycle Insurance offer affordable and cheap insurance covers that along with protecting your vehicle will also take care of every pertinent expenditure during the event of an accident. The good news is our wide range of auto and car insurance schemes covers much more than merely your financial loss. We also try our best to keep our customers at a proper peace of mind. In fact a small accident too can force you into paying heavily. Therefore the best step here will be to make use of our different insurance covers. Every policy that we offer is the merge of life insurance and accident cover. Hence the advantages that we offer truly prevail over the price that you have incurred to purchase our car insurance policy. Isn’t that good news?

April is Distracted Driving Awareness Month

texting-driving

Distracted Driving
Activities that take drivers’ attention off the road, including talking or texting on cellphones, eating, conversing with passengers and other distractions, are a major safety threat. The National Highway Traffic Safety Administration (NHTSA) gauges distracted driving by collecting data on distraction-affected crashes, which focuses on distractions that are most likely to affect crash involvement such as dialing a cellphone or texting and being distracted by another person or an outside event. In 2013, 3,154 people were killed in distraction-affected crashes, and 424,000 people were injured. There were 2,910 distraction-affected fatal crashes, accounting for 10 percent of all fatal crashes in the nation, 18 percent of injury crashes and 16 percent of all motor vehicle crashes in 2013.

Avoid distracted driving by using hands free devices when placing phone calls and avoid text messages and emails while driving.  There is no text message or status update that is more important that yours or someone else’s life!

Auto Insurance in Hartsville, Myrtle Beach, Sumter, SC

The Top Benefits of Using the Right Car or Auto Insurance Coverage

Car insurance in plain terms is a safeguard against the different financial risks in accidents. The truth is, not all has the capability of paying off the legal issues and unexpected expenses brought about by accidents. In fact, paying the entire amount is likely to empty your pocket. The truth is accidents just happen and is never pre-planned. Expenditures related to accidental damages indeed are their maximum and to bear it all from your pocket will cost you a big fortune. During such circumstances, you can make the most of our car insurance schemes. We at Able Auto and Cycle Insurance offer a wide array of car and auto insurance policies to people residing in Wilmington, Asheville, Sumter, Elliot and Winston-Salem.

Our insurance coverage portfolio

  • Liability Insurance- This type of insurance will help you in a covered accident which is due to your actions. The liability insurance policy will cover the expenditure to repair any property which has been damaged because of an accident along with the medical bills that result from the injuries.
  • Collision Coverage- Our collision coverage scheme will pay for any repair that your car needs and if your vehicle is totaled which means its repairing amount is more than the price of the car, this policy will pay the price of your car
  • Comprehensive Coverage- In case your car has hit an animal, is stolen or faced a weather damage, then our comprehensive coverage will cover it all. This insurance policy is a little expensive
  • Personal Injury Protection- Personal Injury Protection or PIP indeed is a must have. After all the costs related to an accident will add up quickly and to cover them it is best to opt for PIP insurance. With the help of Personal Injury Protection coverage both you and your passengers medical bills will be paid irrespective of who the culprit is

So for the right insurance cover for your treasured vehicle speak to our experts at Able Auto and Cycle Insurance.

Spring Motorcycle Check-List

Spring is in the air! You may be thinking about riding again now that the weather is warmer and the days are longer. If your bike has been in storage or your garage all winter it’s definitely a good idea to make sure everything is ready for the riding season.

Here’s a quick check-list of things to consider when you’re getting your bike ready;

- Tires : Should be in good condition (no dry-rot, tears, damage, or excessive wear) and properly inflated.

- Drive System : Chain or Drive belt should be properly adjusted and lubricated (if needed).

- Fluids : Check engine oil, transmission oil, brake fluid, etc. Maybe it’s time for a oil change, or just make sure everything is at it’s proper level and clean. Also a good idea to check the fuel tank and fuel filter(s) to make sure the fuel is still fresh and there’s no debris in it.

- Battery/Lights/Mirrors : Make sure the battery is fully charged, all the lights are functioning properly, and mirrors are adjusted correctly. Make sure a bulb didn’t die over the winter or you don’t have a mirror loose.

- Controls : Check all the controls to make sure everything is working correctly. Now is a great time to make sure you don’t have a leaking brake line, frayed clutch cable, overly worn brake pads or rotors, or a sticking throttle cable.

- Gear : Check all your riding gear and make sure everything is in good condition. Check you helmet for damage to the exterior shell or interior lining, and if there is any damage make sure to replace it before riding. This would be a great time to condition any leather gear you know you’ll be wearing, or maybe sew on any new patches you collected last year.

- Insurance/Registration : Check with your agent to make sure your policy is active and what you’re coverages are. Now would be a great time to add Comprehensive and Collision coverage if you don’t already have it, or add coverage for any new equipment you may have have added to your bike. Also, make sure your registration is up to date if it renewed while your bike was parked.

Let us at Able Auto & Cycle Insurance know if you have questions about, or want to make changes to your current motorcycle policy, or if you’d like to get a quote for a new policy.

Overall, have a great riding season, ride safe, and maybe send us a few photos of the interesting sites you see while out there with your knees in the breeze!

Why should I buy life insurance?

Many financial experts consider life insurance to be the cornerstone of sound financial planning. It can be an important tool in the following situations:
1.Replace income for dependents
If people depend on your income, life insurance can replace that income for them if you die. The most commonly recognized case of this is parents with young children. However, it can also apply to couples in which the survivor would be financially stricken by the income lost through the death of a partner, and to dependent adults, such as parents, siblings or adult children who continue to rely on you financially. Insurance to replace your income can be especially useful if the government- or employer-sponsored benefits of your surviving spouse or domestic partner will be reduced after your death.
2.Pay final expenses
Life insurance can pay your funeral and burial costs, probate and other estate administration costs, debts and medical expenses not covered by health insurance.
3.Create an inheritance for your heirs
Even if you have no other assets to pass to your heirs, you can create an inheritance by buying a life insurance policy and naming them as beneficiaries.
4.Pay federal “death” taxes and state “death” taxes
Life insurance benefits can pay estate taxes so that your heirs will not have to liquidate other assets or take a smaller inheritance. Changes in the federal “death” tax rules between now and January 1, 2011 will likely lessen the impact of this tax on some people, but some states are offsetting those federal decreases with increases in their state-level “death” taxes.
5.Make significant charitable contributions
By making a charity the beneficiary of your life insurance, you can make a much larger contribution than if you donated the cash equivalent of the policy’s premiums.
6.Create a source of savings
Some types of life insurance create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn on the owner’s request. Since most people make paying their life insurance policy premiums a high priority, buying a cash-value type policy can create a kind of “forced” savings plan. Furthermore, the interest credited is tax deferred (and tax exempt if the money is paid as a death claim).

courtesy of www.iii.org

Columbia, Florence, SC and Winston-Salem, NC cheapest car insurance

How to get the cheapest car insurance for your situation?

There are many factors to consider when you are looking for car insurance. These include price, coverage, legal requirements, exclusions, claims processing and customer service. We all want the cheapest car insurance possible, but many other factors go into the mix. If you want the cheapest auto insurance possible for your situation, then an independent agent such as Able Auto and Cycle can help. They have arranged cheap car insurance for countless people in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia.

When you deal with a local independent agent then you can be sure you will get the lowest auto insurance rates possible. You can even get your low rate auto insurance policy completed over the phone or online. Obtaining cheap auto insurance in North Carolina has never been easier. However, the price of your car insurance is only one consideration. There are many other factors that influence the cost of your auto insurance. These include obvious things such as the kind of car you drive and your driving habits as well as less obvious things such as your credit score. It follows that the more positive factors you bring to the table, the cheaper your car insurance will be.

When it comes to finances, times are difficult for many people and there is a real need for cheap car insurance. It costs a lot to own a car and there many risks that go with car ownership.  Affordable car insurance is there for an important part of car ownership. However, your monthly premiums are not the only measure of the cost of your auto insurance. Other factors such as risks covered, exclusions, pay-out limits, co-payments and excesses are all part of the mix. When you deal with a professional and independent agent you will get the cheapest auto insurance taking into account all the factors that go into the mix. This is called best value car insurance.
 

Car insurance in Columbia, Florence, Sumter, Elliot, Myrtle Beach, SC

Best value car insurance in North and South Carolina 

When it comes to car insurance we all want the same thing – maximum coverage for the lowest possible price. If you want best value auto insurance in Wilmington, Asheville, Sumter, Elliot or Winston-Salem, then Able Auto & Cycle can help.  If you are looking for car insurance you also want a system that makes it easy for you to get quotes and compare quotes. For example an online system that enables you to get affordable car insurance in 3 easy steps. No fuss, no hassles. You also want a systems that allows you to make changes to your policy whenever you need. Maybe you have purchased another vehicle or you want to add add a boat or an additional driver to your auto insurance coverage. Knowing you can do this easily from the comfort of your home makes car and auto insurance a lost less cumbersome.

When looking for auto insurance, whether in North or South Carolina, it is a good idea to work with a local independent agency. An independent car insurance agency has no bias towards a particular carrier and can compare quotes from different carriers across the country. This means you will get the best possible auto insurance rates. An independent agent also has important knowledge about local conditions, risks and related factors that could have a bearing on your car insurance policy.

If you live in North or South Carolina you need to be aware that car insurance is compulsory. You also need to have proof of coverage handy in case the law man pulls you over. Compulsory car insurance relates to liability coverage and you need to carry the minimum coverage required by law. So you need some overage for bodily injury liability, property damage liability as well as uninsured motorist coverage.

What Determines the Price of My Auto Insurance Policy?

The average yearly auto insurance premium is around $800, but there is wide variation around this average. Many factors can affect your premium, and they all help determine how likely you are to have an accident. Perhaps surprisingly, many of them do a better job than just your driving record. Not all companies use all of these factors, and some might use factors not listed here. Your premium may depend on, in no particular order:
Your driving record.

The better your record, the lower your premium. If you have had accidents or serious traffic violations, it is likely you will pay more than if you have a clean driving record. You may also pay more if you are a new driver and have not been insured for a number of years.
How much you use your car.

The more miles you drive, the more chance for accidents. If you drive your car for work, or drive it a long distance to work, you will pay more. If you drive only occasionally—what some companies call “pleasure use”, you will pay less.
Where your car is parked and where you live.

Where you live and where the car is parked can affect the cost of your insurance. Generally, due to higher rates of vandalism, theft and accidents, urban drivers pay a higher auto insurance price than those in small towns or rural areas.

Other factors that vary from one area or state to another are: cost and frequency of litigation; medical care and car repair costs; prevalence of auto insurance fraud; and weather trends.
Your age.

In general, mature drivers have fewer accidents than less experienced drivers, particularly teenagers. So insurers generally charge more if teenagers or young people below age 25 drive your car.
Your gender.

As a group, women tend to get into fewer accidents, have fewer driver-under-the-influence accidents (DUIs) and most importantly less serious accidents than men. So, all other things being equal, women generally pay less for auto insurance than men. Of course, over time individual driving history for both men and women will have a greater impact on what they pay for auto insurance.
The car you drive.

Some cars cost more to insure than others. Variables include the likelihood of theft, the cost of the car itself is major rate factor, the cost of repairs, and the overall safety record of the car. Engine sizes, even among the same makes and models, can also impact insurance premiums. Cars with high quality safety equipment might qualify for premium discounts.

Insurers not only look at how safe the car is to drive and how well it protects occupants, they also look at the potential damage a car can inflict on another car. If a specific car has a higher chance of inflicting damage on another car and its occupants, some insurers may charge more for liability insurance.
Your credit.

For many insurers, credit-based insurance scoring is one of the most important and statistically valid tools to predict the likelihood of a person filing a claim and the likely cost of that claim. Credit-based insurance scores are based on information like payment history, bankruptcies, collections, outstanding debt and length of credit history. For example, regular, on-time credit card and mortgage payments affect a score positively, while late payments affect a score negatively.
The type and amount of coverage.

In virtually every state, by law you must buy a minimum amount of liability insurance. The state required limits are generally very low and most people should consider purchasing much more than the state requirement—the recommended amount of liability protection is about ten times the average state minimum. If you have a new or recent model of car, you likely will also buy comprehensive and collision coverage, which pays for damage to your car due to weather, theft or physical damage to the car such as being hit by a tree. Comprehensive and collision coverages are subject to deductibles; the higher the deductible, the lower your auto insurance premium. While there is no legal requirement to purchase these coverages, if you finance the purchase of the car or you lease it you may be required by contract.

Perhaps just as important, insurers NEVER use race or religion to set rates. Such practices are illegal. Insurers believe them to be abhorrent as well.

courtesy of www.iii.org

Cheapest auto insurance in Florence, SC and Wilmington, NC

Cheapest car insurance: factors you control and factors you can’t

The cheapest car insurance still exists today in most parts of Winston-Salem, Asheville, Darlington, Sumter, Hartsville and Florence. However, not all drivers here are so fortunate. What makes the cheapest auto insurance quote for one driver might not work well for another driver. It lies in the hand of their destiny. However, to find out which factors are looked at by car insurers while determining your car insurance estimate and what all you can do to get the cheapest car insurance, keep on reading…

4 Factors that you can control-

• Gender and age- Statistically, young male drivers (aged between 17 and 25) are more likely to have an accident and make an insurance claim than young female drivers (aged between 17 and 25) and thus, have to pay higher insurance premiums. However, older drivers have better insurance premium rates than older women.

Previous claim history- Those car insurers reward drivers who do not make insurance claims on their car insurance with a no-claims bonus year after year will pay less for their car insurance.

• Marital status- Married men tend to have fewer accidents than singles and therefore, married men will have to pay lower insurance premiums.

Driving license- If your driving license has been forfeited due to a wrongdoing, like- a driving conviction or violating the traffic rules, then you have to pay a higher insurance premium as car insurers will consider you to be more of a ‘high-risk ‘driver.

5 Factors that you cannot control

Security- Fitting attractive car security devices on your car, such as a high-tech engine immobilizer, an approved alarm system and tracking device will help reduce the cost of your insurance premium.

Level of insurance cover- The level of insurance coverage that you select for your car will affect the price you pay, third party insurance is usually the cheapest, whereas on the other hand, comprehensive coverage is often the most expensive..

The type of car you drive- The age and size of your car can have an impact on your insurance premium. Sport cars with large engines are more expensive to insure since they are made to be driven fast and aggressive leading to a crash. Collision coverage rates for brand new cars are much higher than older ones which means that the insurance premium rate is higher for the brand new car

Parking- Parking you car inside a closed garage or driveway instead on the roads can lower your risk assessment factor by insurers due to the reduced risk of theft.

Annual mileage of your car- Annual mileage is counted when it comes to car insurance. Lower annual mileage means minimizing your risks of collision and thus results in cheaper car insurance.

These are some of the risk factors that do affect your car insurance premiums.

Auto insurance in Elliot, Winstom-Salem, Sumter, Columbia, Hartsville

7 steps that can reduce your car insurance burden

At times, car insurance premiums do make sense. If you are aged 25 or above and really searching for a deeper dive into cheap car insurance, then this blog will be of a great help to you. Here, we at Able Auto Insurance operating for the past 2 decades have provided all our readers a step-by-step guide to young drivers’ car insurance, helping you compare more than 70 users in minutes, with specialized tips to save every spare penny while looking for cheaper car insurance cover in Wilmington, Asheville, Sumter, Elliot and Winston-Salem. Keep reading to know more…

1. Shop around for the best premium online- While shopping around for car insurance cover online; ensure that you are comparing the prices by using an online comparison service. You need to just put in your details and check the prices that come up. Later, if you want you can even change the excess that you are willing to pay and the mileage of the car you will drive and get new insurance quotes.

2. Think in a more creative way- Better increase your voluntary excess as it will reduce your increase premiums only if you, being the driver meet with an accident. Concurring to pay more towards the cost of any accident repairs will cut your insurance premiums. Moreover, if you are not blameworthy in any accident, then the excess can be recovered.

3. Interest charges should be paid per year instead of paying monthly- Direct debit installments usually come closely together with higher rates of interest.

4. Never include everyone in your car insurance policy- It is very vital to make sure that only regular drivers are named in your car insurance policy, irrespective of their gender.

5. Never compromise on the quality over the cost of insurance cover- If you do such a thing, chances are high that you could land up costing you more down the road.

6. Secure your car by installing attractive car security features – Attractive car security features such as- an approved alarm system, engine immobilizer and tracking device if fitted on a car can attract almost a 5% discount, thus, helping a driver in getting cheaper insurance cover.

7. It is always recommended purchase car insurance policy from a car insurance broker- Car insurance brokers are almost paid the same amount irrespective of the policy of the car insurance company they sell and thus are not prejudiced to any specific car insurance company.

Now, I hope you got a clear idea on how to get the cheapest car insurance policy and save spare penny.

 

Twelve Ways to Lower Your Homeowners Insurance Costs

The price you pay for your homeowners insurance can vary by hundreds of dollars, depending on the insurance company you buy your policy from. Here are some things to consider when buying homeowners insurance.

1.Shop around

It’ll take some time, but could save you a good sum of money. Ask your friends, check the Yellow Pages or contact your state insurance department. (Phone numbers and Web sites are on the back page of this brochure.) National Association of Insurance Commissioners (www.naic.org) has information to help you choose an insurer in your state, including complaints. States often make information available on typical rates charged by major insurers and many states provide the frequency of consumer complaints by company.

Also check consumer guides, insurance agents, companies and online insurance quote services. This will give you an idea of price ranges and tell you which companies have the lowest prices. But don’t consider price alone. The insurer you select should offer a fair price and deliver the quality service you would expect if you needed assistance in filing a claim. So in assessing service quality, use the complaint information cited above and talk to a number of insurers to get a feeling for the type of service they give. Ask them what they would do to lower your costs.

Check the financial stability of the companies you are considering with rating companies such as A.M. Best (www.ambest.com) and Standard & Poor’s (www.standardandpoors.com/ratings) and consult consumer magazines. When you’ve narrowed the field to three insurers, get price quotes.

2.Raise your deductible

Deductibles are the amount of money you have to pay toward a loss before your insurance company starts to pay a claim, according to the terms of your policy. The higher your deductible, the more money you can save on your premiums. Nowadays, most insurance companies recommend a deductible of at least $500. If you can afford to raise your deductible to $1,000, you may save as much as 25 percent. Remember, if you live in a disaster-prone area, your insurance policy may have a separate deductible for certain kinds of damage. If you live near the coast in the East, you may have a separate windstorm deductible; if you live in a state vulnerable to hail storms, you may have a separate deductible for hail; and if you live in an earthquake-prone area, your earthquake policy has a deductible.

3.Don’t confuse what you paid for your house with rebuilding costs

The land under your house isn’t at risk from theft, windstorm, fire and the other perils covered in your homeowners policy. So don’t include its value in deciding how much homeowners insurance to buy. If you do, you will pay a higher premium than you should.

4.Buy your home and auto policies from the same insurer

Some companies that sell homeowners, auto and liability coverage will take 5 to 15 percent off your premium if you buy two or more policies from them. But make certain this combined price is lower than buying the different coverages from different companies.

5.Make your home more disaster resistant

Find out from your insurance agent or company representative what steps you can take to make your home more resistant to windstorms and other natural disasters. You may be able to save on your premiums by adding storm shutters, reinforcing your roof or buying stronger roofing materials. Older homes can be retrofitted to make them better able to withstand earthquakes. In addition, consider modernizing your heating, plumbing and electrical systems to reduce the risk of fire and water damage.

6.Improve your home security

You can usually get discounts of at least 5 percent for a smoke detector, burglar alarm or dead-bolt locks. Some companies offer to cut your premium by as much as 15 or 20 percent if you install a sophisticated sprinkler system and a fire and burglar alarm that rings at the police, fire or other monitoring stations. These systems aren’t cheap and not every system qualifies for a discount. Before you buy such a system, find out what kind your insurer recommends, how much the device would cost and how much you’d save on premiums.

7.Seek out other discounts

Companies offer several types of discounts, but they don’t all offer the same discount or the same amount of discount in all states. For example, since retired people stay at home more than working people they are less likely to be burglarized and may spot fires sooner, too. Retired people also have more time for maintaining their homes. If you’re at least 55 years old and retired, you may qualify for a discount of up to 10 percent at some companies. Some employers and professional associations administer group insurance programs that may offer a better deal than you can get elsewhere.

8.Maintain a good credit record

Establishing a solid credit history can cut your insurance costs. Insurers are increasingly using credit information to price homeowners insurance policies. In most states, your insurer must advise you of any adverse action, such as a higher rate, at which time you should verify the accuracy of the information on which the insurer relied. To protect your credit standing, pay your bills on time, don’t obtain more credit than you need and keep your credit balances as low as possible. Check your credit record on a regular basis and have any errors corrected promptly so that your record remains accurate.

9.Stay with the same insurer

If you’ve kept your coverage with a company for several years, you may receive a special discount for being a long-term policyholder. Some insurers will reduce their premiums by 5 percent if you stay with them for three to five years and by 10 percent if you remain a policyholder for six years or more. But make certain to periodically compare this price with that of other policies.

10.Review the limits in your policy and the value of your possessions at least once a year

You want your policy to cover any major purchases or additions to your home. But you don’t want to spend money for coverage you don’t need. If your five-year-old fur coat is no longer worth the $5,000 you paid for it, you’ll want to reduce or cancel your floater (extra insurance for items whose full value is not covered by standard homeowners policies such as expensive jewelry, high-end computers and valuable art work) and pocket the difference.

11.Look for private insurance if you are in a government plan

If you live in a high-risk area — say, one that is especially vulnerable to coastal storms, fires, or crime — and have been buying your homeowners insurance through a government plan, you should check with an insurance agent or company representative or contact your state department of insurance for the names of companies that might be interested in your business. You may find that there are steps you can take that would allow you to buy insurance at a lower price in the private market.

12.When you’re buying a home, consider the cost of homeowners insurance

You may pay less for insurance if you buy a house close to a fire hydrant or in a community that has a professional rather than a volunteer fire department. It may also be cheaper if your home’s electrical, heating and plumbing systems are less than 10 years old. If you live in the East, consider a brick home because it’s more wind resistant. If you live in an earthquake-prone area, look for a wooden frame house because it is more likely to withstand this type of disaster. Choosing wisely could cut your premiums by 5 to 15 percent.

Check the CLUE (Comprehensive Loss Underwriting Exchange) report of the home you are thinking of buying. These reports contain the insurance claim history of the property and can help you judge some of the problems the house may have.

Remember that flood insurance and earthquake damage are not covered by a standard homeowners policy. If you buy a house in a flood-prone area, you’ll have to pay for a flood insurance policy that costs an average of $400 a year. The Federal Emergency Management Agency provides useful information on flood insurance on its Web site at www.fema.gov/nfip/. A separate earthquake policy is available from most insurance companies. The cost of the coverage will depend on the likelihood of earthquakes in your area. In California the California Earthquake Authority (www.earthquakeauthority.com) provides this coverage.

If you have questions about insurance for any of your possessions, be sure to ask your agent or company representative when you’re shopping around for a policy. For example, if you run a business out of your home, be sure to discuss coverage for that business. Most homeowners policies cover business equipment in the home, but only up to $2,500 and they offer no business liability insurance. Although you want to lower your homeowners insurance cost, you also want to make certain you have all the coverage you need.

courtesy of www.iii.org

cheapest auto insurance in Asheville and Wilmington, NC, Florence, SC

The cheapest car and auto insurance in North and South Carolina

Who does not want cheap car insurance? If you want the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia then you should speak the insurance experts at Able Auto & Cycle. They know where to find and source the cheapest auto insurance available in North or South Carolina.

Auto insurance like any other insurance is about cost and risk. For the insurance carrier the risk is a theoretical assessment determined by many complex factors that go into a mix that is known actuarial science. Actuarial science is a discipline that uses complex mathematical and statistical models to calculate and asses risk in the fields of insurance and finance. So when you apply for car insurance you can be sure that actuarial science has been used in whatever auto insurance plan is on the table.

It follows that if your application is high risk and full of red flags your auto insurance will be more expensive or your insurance may even be declined. Factors such as the car you drive, your past driving record, the area where you live, your current driving habits, your age, your gender and even your credit score will play a role in determining your risk and the cost of your auto insurance.

However a independent agent such as Able Auto & Cycle have access to different auto insurance plans and such they are able to select the cheapest plans to match your circumstances. Even if you have some black marks somewhere, they know where to look and where to find policies that place less emphasis on certain risk factors.

So if you want the cheapest car insurance possible for your situation it helps to deal with an agent who knows where to find the cheapest auto insurance possible.

 

car insurance in Hartsville, Myrtle Beach and Sumter, SC

Best value car insurance matched to your risk profile

We all want cheap car insurance and maximum possible coverage and the best way to get that is to deal with a local independent agent. Able Auto & Cycle are accredited and recommended insurance agents serving the communities and businesses of Wilmington, Asheville, Sumter, Elliot and Winston-Salem.

When it comes to auto insurance you have many choices and options. You can go out and find your own car insurance or you can leave it in the capable hands of your local agent.  Here is what you should consider:

Car insurance is complicated. Policies are written in legal jargon and obscure words and terms that few of us can understand. There is also the so called fine print. Reading fine print is about as exciting as watching paint dry – so we don’t do it. We just sign the bottom line and hope for the best. So when you go out and get your own car insurance do you really know what you are covered for and perhaps more importantly, what you are not covered for. It takes time to go through various insurance options and trying to decide which one is best for you. Time is valuable and you could probably think of more interesting and fun ways to spend your time than wading through various car insurance proposals and options.

Your local agent is trained and experienced and understands the technicalities and intricacies of auto insurance. A local and independent agent also has access to various plans and policies offered by leading insurance companies across the state and the country. This way you get car insurance matched to your needs and your risk profile. This means your car insurance will cover you for your real risks and won’t cost you more or less than it should.

 

 

10 Great Gift Ideas for New Homeowners

If you’re looking for something a little more modern than potted plants and picture frames for a housewarming gift, here’s a list of gadgets that might appeal to today’s homeowner. Many of these gift ideas are designed for home security or home efficiency with a few entertainment-related choices for good measure. All are available from the manufacturer or through online retailers such as Amazon and Best Buy, and each would make a great housewarming or holiday gift for anyone, including you!

NEST Learning Thermostat

Nest Learning Thermostat

The Nest Learning Thermostat pays attention to how you adjust your temperature settings, and after about a week, it takes over for you. Once it learns which settings you prefer at various hours of the day, it adjusts itself according. An estimated 10-15% can be saved on heating and cooling costs by allowing Nest to tweak your thermostat settings automatically versus leaving it at one temperature all day. You can also manage it from your smart phone if, for instance, you’d like to warm up or cool down the house before returning home early from your holiday vacation. You can still get the Nest 2 for around $200, but it may be worthwhile to get the next generation Nest 3 for around $300.

Amazon Echo

The Echo is like a personal assistant for your home. Ask it just about anything and it will play music, tell you the news and sports scores, turn off you lights if integrated with tools from SmartThings, Belkin WeMo, Philips Hue, Insteon, and Wink, answer random questions, and even complete your shopping for you. It can hear you from anywhere in the house, and all you have to do is tell it what you need, or ask it a question. The Echo retails for about $180 through Amazon.

Roku Streaming TV and Media Player

Roku streaming players are commonly used to stream movies and shows from services like Netflix and Hulu. You can also buy movies, stream content from hundreds of free, included channels, or rent TV shows. It’s useful for cable subscribers as well. If you have one digital cable box in the main TV viewing room in the house, you can hookup a Roku streamer in other rooms that don’t have cable to tap into your cable TV content. The Roku 2 ($70) is the most popular, Roku 3 ($100) adds voice control and gaming features, and Roku 4 ($130) is designed to maximize the advanced picture quality of 4K Ultra HD TVs.

Acoustic Research Outdoor Wireless Speakers

Acoustic Research Wireless Speaker

Perfect for pool or patio, these wireless outdoor speakers provide everything you want in sound quality in an attractive design. Plug them in, or take advantage of the rechargeable feature to control and enjoy your music wirelessly from your smartphone or tablet for up to 14 hours. The outdoor wireless speakers range from $180 – $120.

Sennheiser Wireless TV Headphones

Most people do not live in a magical household where everyone likes the same TV shows and listens to the same music. Wireless headphones allow you to listen to your favorite shows or music without disturbing others who might be reading, working on the computer, or performing other activities nearby. And, because they’re wireless, you can grab a snack in the kitchen without missing a minute of your program. With the right set-up, wireless headphones can be used to increase the volume for those with hearing loss while maintaining a normal level for everyone else when the whole family is watching the same show. Sennheiser TV Headphones range in price from about $80 – $350.

Sony Projector Clock

Tired of squinting to see the time when your alarm goes off in the morning? The Sony projector clock lets you project the time onto a wall or ceiling. Wake up to five different nature sounds, radio or an alarm sound, and charge your devices through the USB port while you sleep. It includes typical alarm clock features like dual alarms, sleep timers, and gradual wake-up settings, and retails for around $80.

Samsung SmartThings Outlet

The SmartThings outlet is for anyone who has ever dashed home in a panic because they think they might have left the iron on or the curling iron plugged in. You can also program lights and small electronics to turn on and off according to a schedule – a great security feature when you’re traveling. The Samsung Smart Hub ($99) is required, and the SmartThings Outlet at $55 is just one of the components that work with the hub to build a smarter home.

Ring Doorbell

Replace your standard doorbell with the Ring doorbell to receive instant alerts through your phone when anyone approaches your front door. The wide-angle, HD, night vision camera, and built-in motion sensor allow you to see and chat with visitors and delivery persons even when you’re not at home. Alerts are received via the free Ring™ app (iOS® and Android™) and allow you to judge whether it’s a good idea to open the door when you’re home, and provide instructions for visitors when you’re not. You can even record activity to watch later. The Ring doorbell retails for around $199.

Nest Cam Security Camera

Nest Cam Security Camera

The wireless Nest Camera produces high quality video at 1080p. It’s easy to set up in any indoors location and can also be used as an intercom with its built-in mic and speaker. With 24/7 streaming, and whole room night vision, you’ll always know what’s happening. When you can’t watch, set up alerts to notify you when motion or sound is detected. The camera retails for around $199 with optional monthly cloud service available.

Samsung SmartThings Multi-Purpose Sensor

Here’s another tool to attach to your Samsung Smart Hub. This sensor can be attached to windows or doors and send you an alert when they’re left open which makes it a great home efficiency tool while providing a measure of home security. Knowing when your patio door has been opened may alert you to a home invasion, or that your child has gone out to the pool area. The Multi-Purpose sensor retails for $39. Consider the SmartThings Home Monitoring Kit which includes the main Hub, 2 sensors, a motion sensor, and an Outlet for around $249.

courtesy of www.heritagepci.com

Cheapest car insurance plans in Asheville, NC, Columbia, Florence, SC

Cheapest car and auto insurance in North and South Carolina

The cost of car insurance depends on a number of factors such as the perception of risk in the eyes of the carrier. However a good agent can help. If want the cheapest auto insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia then you should consult the team at Able Auto & Cycle.  As independent agents they have access to the best and cheapest plans available from a number to top insurance companies.

However there are important things you can bring to the table that will you qualify for the cheapest possible car insurance around. In fact anything that will reduce the perceived risk by the carrier will act in your favor.  Your driving record is a good starting point. If you an exemplary driving record you already providing your agent with ammunition for cheaper auto insurance. Of course the vehicle you own and drive is also important. An expensive car is likely to cost more in insurance than a cheaper one.  A normal sedan will attract a lower insurance premium than a racy sports car. Other factors that come into play might be beyond your control but will include things such as where you live, your age, your gender and your credit score. For example if you live in a risky neighbourhood your risk will be perceived as higher.

Notwithstanding the above your agent will be able to match the cheapest car insurance possible to your circumstances and risk profile. Keep in mind that an independent agent is not tied to any particular carrier and can shop around to find the best possible deal for you.

There are other technical aspects that can also affect your premiums. This could relate to things such as higher co-payments in exchange for lower premiums. Again your agent will be in a position to advise you about these things and their implications on the cost of your auto insurance.

 

 

 

Car insurance in Hartsville, Elliot, Sumter, SC and Winston Salem, NC

Car and Auto insurance in North and South Carolina

Owning and driving a car is very much part of the American way of life.  However vehicle ownership also carries certain risks such as collision damage, liability claims, auto theft and damage as a result of causes other than collision. If you need proper car insurance in Wilmington, Asheville, Sumter, Elliot, Winston-Salem then Able Auto & Cycle can help.

3rd party claims related auto accidents can be financially crippling if you don’t have the right auto insurance. When driving a vehicle you never know what’s around the next corner and driving without car insurance is like playing Russian roulette with you finances.  In fact it is illegal to drive without some form of auto insurance.

With proper car insurance you don’t have to worry too much about auto theft, collision damage, liability claims or other vehicle damage.  Apart from proper cover you want affordable cover. You want car insurance that covers you for your real risks and you want auto insurance that does not cost you more than it should. This is the kind of auto insurance you will get when deal with a reputable and recommended insurance agent.

Auto & Able offers a diverse range of vehicle insurance policies and they can customize each policy to match your risk profile and driving habits.  This way you get affordable car insurance won’t let you down when misfortune goes along for the ride.

They offer vehicle insurance that covers cars, trucks, company vehicles, private vehicles, motor cycles, new vehicles, second hand vehicles as well as boats, trailers and motor homes. Whatever your circumstances there is an affordable auto insurance solution that will cover your vehicles and your personal risks.

 

Cheapest Car Insurance in Winston-Salem, NC, Florence, Columbia, SC

Saving Money With a Cheap Car Insurance Company

In America, every driver needs to possess a car insurance policy, whether they are young or old, rich or with a modest material situation. No matter in what category you find yourself, you do not want to pay a lot of money for an auto insurance policy, when you can actually pay an acceptable amount of money. As a young student who just starts out, saving money is crucial. The same thing can be said about the elderly, who cannot spend huge amounts of money on insurance policies, as they have other necessities too, like medication bills and treatments.

The best thing people can do in order to save money with a car insurance, is checking all options before getting one. There are a lot of companies who can offer very good insurance quotes at very good prices. Another very important aspect is being informed about the discounts you can get as a student, worker or member of an association. Having these things in mind, you can get the cheapest insurance policy on the market, but this means a lot of patience and reading. Only by reading and asking about the insurance conditions, can you really compare prices and offers.

A car is a very important thing in a person’s life because it has become a necessity, so people should really take care of it, but getting an expensive auto insurance policy, with a lot of coverage, is not the best way of knowing that we are safe. There are many cases in which we do not need a certain kind of coverage, so why should we pay for it, when we can invest that money in something else.

In conclusion, people should really evaluate their needs when it comes to auto insurance, because choosing a cheap car insurance can really help people save money.

For the cheapest and best car or auto insurance policies, drivers can turn to professional companies, helping them decide on what kind of policy they need. These companies are present in Winston-Salem, NC, Florence and Columbia, SC.

 

Car Insurance in Hartsville, Sumter, Columbia, Winston-Salem

5 Things You Need To Know About Car Insurance

 The moment people purchase a car, they need to think about getting a car insurance too, not only because it is an advantage to detain an auto insurance policy in case of an accident, but also because it is a legal requirement.

Well, if they need to pay for an insurance policy anyway, why shouldn’t they pay for the one that suits them the best. There are a few things to take into account before choosing a car insurance policy.

1.  The aspect of coverage

The first thing people should think about before getting a car insurance policy, is deciding on how much coverage they need. This thing depends on the type of vehicle they drive, on their material situation and on the requirements of the state in which they live. There are optional coverage packages too, for people who can afford paying a larger amount of money for their car and for those who want more safety.

2.  Optional coverage

As we said, people need to possess a certain amount of coverage, because it is required by the law, but there are also optional coverages, like collision coverage or comprehensive coverage. Collision coverage is quite expensive and it pays for physical damage in case of a collision or an accident. Comprehensive coverage pays for damages caused by fire, bad weather or vandalism.

3.  Compare policies

Quotes and payments are always different, that is why it is recommended to gather information about different car insurance policies and choose a company. People  have to make price and coverage comparisons and decide on the one that is the most beneficial.

4.  Look for discounts

It is recommended to ask about discounts before buying a car insurance policy. There are many companies who offer discounts in specific situations. For example, you can get a discount because you have a good driving record, or because of your professional affiliation. Some companies also offer discount to young students with high grade-point averages. Anyway, it is worth asking.

5.  Read the policy before signing it

When you sign your insurance policy, you have to accept everything that is stated in it, so you should read it very carefully before signing it, because you are going to be the one to pay for it.

You can purchase very good and affordable car insurance policies in Hartsville, Sumter, Columbia and Winston-Salem, SC.

As South Carolinians File Auto, Flood Claims, I.I.I. Tips Can Make the Claims Filing Process More Efficient

NEW YORK, October 13, 2015 — As South Carolinians assess the property damage caused by this month’s severe inland flooding and prepare to rebuild, it is important to understand the claims filing process, according to the Insurance Information Institute (I.I.I.).

When filing an auto or homeowners claim, the first step is to call your insurance professional as soon as possible to start the claims process. If you had to relocate, let your company know where you are currently residing and how best to reach you.

Flood damage to either a residence or a business is covered by policies provided by FEMA’s National Flood Insurance Program (NFIP), as well as a few private insurance companies. About 14 percent of U.S. homeowners have a flood insurance policy, a 2015 I.I.I. survey found. In the South, that number was 21 percent, the highest for any region of the United States. Standard business, homeowners and renters insurance policies do not cover flood damage.

The optional comprehensive portion of an auto insurance policy also covers flood related damage. More than 75 percent of U.S. drivers have comprehensive coverage.

In order to make the claims filing process more efficient and accurate, the I.I.I. has provided some claim filing tips.

Flood Insurance
Locate the insurance company name and your policy number before calling your insurance professional.
Provide a list of damaged property to help your adjuster prepare a loss estimate. This includes a written inventory along with receipts, bills and photos, if possible.
Check with your adjuster before discarding flood damaged items. If local authorities require disposal of these items for health or safety reasons, photograph them first for your records.
Understand that flood claim payment checks from your insurance company are often made payable to both you and your mortgage lender.
Ask questions. Make sure you understand what forms need to be filled out and when.

Auto Insurance
Let your insurance professional know the extent and type of damage your car incurred.
Take pictures of the damaged car. The more details you can provide in your claim, the better.
Move your car to higher or drier ground, if possible. If the car is not drivable—for example, if water got into the engine—hire a tow truck to move the vehicle.
Ask your claims adjuster whether the car is a total loss. If a vehicle is completely inundated or is exposed to salt water, repairing the car may be more expensive than its actual value. In such scenarios, the company may offer to compensate you for the current market value of the car, minus any deductible that applies.

Businesses, homeowners and renters who sustained flood damages, and whose properties were not covered by an NFIP policy, may be eligible for state and federal assistance.

FEMA Individual Assistance payments for housing allowance, contents losses, or moving and storage expenses are available to NFIP policyholders. The U.S. Small Business Administration (SBA) also offers low-interest, long-term disaster recovery loans to homeowners as well as businesses and private non-profit organizations.

Courtesy of www.iii.org

Cheapest Car and Auto Insurance in Myrtle Beach, SC

Top 7 tips for young drivers in getting cheapest car cover this year

 

Car insurance has been mandatory by law few years back and since it is to be renewed every year, it is important for one to get the best car insurance rates. Certain factors, like- age, gender and location that affect a car’s insurance rates are beyond our control whereas other factors, including what and how we drive are easier to change.  However, cheapest car insurance do exists. Although it may seem to be an impossible task for many drivers, but there are ample of things we can do to help get the cheapest car insurance. At Able Auto and Car, we are tied up with several car and auto insurance companies to help the residents of Salem, Asheville, Darlington, Sumter, Hartsville and Florence get the best premium rates.

1.        Pay per year rather than paying monthly- A young driver can avoid the monthly interest charges and could save a considerable amount by paying for the whole year in advance.
2.        Get the right no-claims bonus- In case the young driver takes more than what is entitled; the claim if any may not be processed.

3.       Adding car security features- By adding car security features, like- an engine immobiliser can often help a young driver in getting cheaper cover.

4.       Adding an extra-named driver to the insurance policy- Young drivers can lessen the car insurance costs by adding an extra named driver to the insurance policy, especially if they are older and have several years of experience in driving, irrespective of their gender.
5.       Always buy insurance from an insurance broker- Insurance brokers are paid the same amount regardless of the company’s policy they sell. Therefore, they are not biased to any particular car insurance company.
6.       Never compromise on the quality of cover over the price- This could end up costing us more in the long run.
7.       Increase voluntary excess on top of the compulsory excess- This can reduce the cost of  car insurance only if the driver meets with an accident.

This is how a young driver can get the cheapest car insurance policy and save money too.

Car and Auto Insurance in Myrtle Beach, SC

Guide to 4 different types of car insurance

While searching for the best deal on a car in Elliot and Wilmington, one needs to remember certain factors that will fetch a good price on the car insurance. Regardless of age or gender, car insurance is a legal requirement for all those who are on the wheels of their car. It acts like a great friend at the time of crisis. Before signing up for car insurance, it is important to do some research on the car insurance company. Able auto and cycle, a car insurance company based at Sumter offers a comprehensive car insurance package policy in and around Sumter and Winston- Salem.

Car insurance is a contract for an automobile in which the insurance company agrees to pay for the financial losses arising from unforeseen risks and they are 5 of them:

  1. Collision coverage- If there is a covered accident, collision coverage is responsible for the repairs of the car. The cost of repairs of a car entirely depends on its value. For instance- for a brand new car, new collision insurance can help get us back to where we were before any damage to our car.  On the other hand, an older car doesn’t carry collision coverage.
  2. Comprehensive coverage- It is not that mandatory to purchase this expensive coverage as it not only covers us but also our car and its co-passengers against any damages arising from any man-made and natural calamities.
  3. Liability insurance- Liability insurance will cover the cost of repairing any property damaged by an accident as well as the medical bills from resulting injuries. It gives extra protection when anyone is found at fault for a covered accident which is a result of our own actions.
  4. Third party insurance- Made mandatory by law, it will cover for the damage caused by a car to a third party’s property.  However, this insurance does not protect us nor our vehicle and its co-passengers against the damages and losses which arises due to death or injury.

Before making any decision, make sure to compare the deals available at different levels of cover as this ensures in finding the best policy for your needs

Rental Car Insurance

There are more options for renting a car than ever before. In the past, you simply selected a vehicle from one of the many brick-and-mortar car rental companies found at airports, train stations or other locations. Today, technology has made possible other alternatives, including peer-to-peer car services, which enable consumers to rent personally owned cars from others; and car sharing programs in which—for a monthly or annual fee—consumers can pick up a vehicle at a wide range of locations for periods ranging from minutes to days.

While these car rental options mean more choice for consumers, they mean more questions about insurance coverage. Fortunately, it is possible to be properly insured when renting a car without wasting money by purchasing duplicative coverage.

The insurance coverage offered by traditional car rental companies is fairly standardized. However, coverage varies widely amongst other types of car sharing programs. The most important step is to read the car rental/sharing agreement—most companies clearly state what is covered as well as the supplemental coverage that can be purchased.

Regardless of the rental car option, the I.I.I. suggests making two phone calls:

The first, to your insurance company, to find out how much coverage you currently have on your own car. In most cases, whatever coverage and deductibles you have on your own car would apply when you rent a car (providing you are using the rental car for recreation and not for business).
If you have dropped either collision or comprehensive on your own car as a way to reduce costs, you may not be covered if your rental car is stolen or damaged. Insurance rules vary by state, so it is best to check with your insurance professional for the specifics of your policy.
Check to see whether your insurance company pays for—or provides a rider for—administrative fees, loss of use or towing charges.

The second, to your credit card company. Insurance benefits offered by credit card companies differ depending on the company and/or the bank that issues the card, and the level of credit card used (a platinum card may offer more insurance coverage than a gold card). However, most credit card only provide limited coverage, such as covering the deductible if there is a claim.
To know exactly the type and amount of insurance that is included, call the toll-free number on the back of the credit card you will be using to rent the car. If you are depending on a credit card for insurance protection, ask the credit card company or bank to send you their coverage information in writing.
In most cases, credit card benefits are secondary to either your personal insurance policy or the insurance coverage offered by the rental car company.

Brick-and-Mortar Car Rental Insurance

Consumers renting from traditional car rental companies can generally choose from the following coverages (Note: insurance is state-regulated; the cost and coverage will vary from state to state.):
Loss Damage Waiver (LDW) Also referred to as a collision damage waiver, an LDW is not technically an insurance product—it is designed to relieve or “waive” renters of financial responsibility if their rental car is damaged or stolen. In most cases, waivers also provide coverage for “loss of use,” in the event the rental car company charges for the time a damaged car cannot be used because it is being fixed. An LDW may also cover towing and administrative fees. The Loss Damage Waiver may become void if the accident was caused by speeding, driving on unpaved roads or driving while intoxicated.Comprehensive/collision auto coverage generally covers damage to a rental car. Keep in mind, however, that in most states diminished value is not covered by personal auto insurance policies.
Liability Insurance By law, rental companies must provide the state required minimum amount of liability insurance coverage—generally this figure is low and does not provide much protection. (See State minimums here.)A standard auto insurance policy includes liability coverage. For additional protection, consider an umbrella liability policy. Non car-owners who are frequent renters can also purchase a non-owner liability policy, which not only provides liability protection when renting a car, but also when borrowing someone else’s car.

Personal Accident Insurance This covers the driver and passengers for medical and ambulance bills for injuries caused in a car crash Health insurance or the personal injury protection (PIP) provided by your auto insurance will likely cover medical expenses.
Personal Effects Coverage This provides insurance protection for the theft of items from a rental car.A homeowners or renters insurance policy includes off-premises theft coverage. If you frequently travel with expensive items such as jewelry, cameras, musical instruments or sports equipment, consider a personal articles floater to protect your valuables at home and while traveling.

Car Sharing and Peer-to-Peer Car Rental Insurance

The insurance offered by these companies is not standardized. It is therefore important to go to the company’s website to read the insurance coverage information carefully. If you have any questions, call the customer service number listed on the website. And contact your auto insurer if you feel you need more information to make an educated insurance coverage decision.

Car sharing programs like ZipCar, generally include insurance costs in the fee. However, if the car is involved in a collision or is stolen, the renter may be billed for a specific dollar amount that is stated in the membership agreement. For an additional cost, customers can purchase a “waiver” to avoid paying the accident fee. Car renters under the age 21 should read the insurance coverage carefully as many programs limit coverage for young drivers to the minimum state required amount of liability. Young renters can look into whether their parents’ auto insurance would cover them for the difference, or purchasing their own non-owner liability policy.

A number of web-based peer-to-peer rental services (e.g. RelayRides) offer both basic coverage and supplemental insurance. The supplemental insurance includes both coverage for damage to the car and liability protection, and provides a choice of coverage amounts and deductibles. Renters who do not purchase the additional insurance are required to sign an agreement stating that they declined the coverage.

courtesy of www.iii.org

Cheapest Car Insurance available Myrtle Beach, SC

Are you aware of these auto insurance strategies? Make sure you get the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia 

The more you know about your auto insurance, the more you can make sure to get your hands on the cheapest car insurance on the market. Sounds too good to be true? It doesn’t necessarily have to be that way. You can actually have the chance to buy the cheapest auto insurance if you follow some simple rules in this matter.

It doesn’t take a rocket scientist to have it all figured out. But it does take a little preparation and attention from your part. Getting the cheapest car insurance has never been easier to achieve.

So the first thing that can help you in this process is going online and start comparing all the offers available. And there are so many to choose from. If you pay a little attention you will see that the amount of money varying from one company to another is immense.

Choose the same policy for all your vehicles. Auto insurance companies usually offer their clients multi-vehicle discounts for customers who want to insure more than just one car. The same rule applies for those who want to insure their homes as well.

Another important aspect in getting the cheapest auto insurance is driving safely. It may sound plain and unimportant, but it can actually save you a lot of money. Why should you pay extra for a couple of mistakes that could have easily been avoided? You should also be careful about spending a lot of time on the road in your car. The more you expose yourself to heavy traffic the more likely you will be to have an accident at some point. While this is isn’t an absolute must, you could keep your car safe by not driving it to work for instance.

Make sure you do all it takes if you want to get your hands on the cheapest auto insurance policy in your city.

Auto and Car Insurance in Myrtle Beach, SC

Do you know what could affect your car insurance rate? – Important facts to keep your auto insurance rate at a higher level in your area of Wilmington, Asheville, Sumter, Elliot and Winston-Salem 

Buying a car nowadays has become a major problem within most families. Teenagers are more and more eager to get their hands on a new car, while most of the adults think about replacing their older vehicle with a brand new one.

The reasons for buying a car seem to be endless nowadays, although one thing is for sure: it is a must. Which is why it’s also very important to be properly educated about owning one. Teenagers have to pay a lot of attention to what they are or are not supposed to do in order to have a good insurance rate.

Auto insurance is based on a large number of factors, and each one of them is personalized according to the individual’s situation. But there are some things that everyone should bear in mind before hitting the open road.

What are the factors that can affect your auto insurance in Wilmington, Asheville, Sumter, Elliot and Winston-Salem?

One of the most important things to consider about car insurance is your driving profile. The mileage your car has says a lot about you and your driving abilities. The number of accidents or ticket violations plays a huge role in establishing a good credit score. Another important factor in this matter is the type of car you are actually driving. A more expensive vehicle can mean a couple of important things – it will reflect the safety it can provide, the cost it will take to repair and even the possibility of theft.

Even factors such as where you live or what you do for a living are going to play some part in the role of the auto insurance premium.

Nevertheless, the type of coverage you choose will directly affect the outcome of your car insurance.

Coverage 101: Insuring College Students’ Possessions Away From Home

NEW YORK, August 18, 2015 — Before your college student heads off to campus, it is a good idea to review your insurance policies to make sure their personal possessions are adequately covered, according to the Insurance Information Institute (I.I.I.).

The I.I.I. recommends starting with the following steps:
1.Contact Your Insurance Professional Find out how much coverage your homeowners or renters insurance policy will provide for your child’s personal possessions if they are living in a dorm. Are they planning to live off-campus? Then look into purchasing a renters insurance policy.
2.Create a ‘College Inventory’ Compile a list of items the student plans to bring to school, along with the estimated value. Having an up-to-date inventory can facilitate the claims filing process in the event of theft, fire or other types of disasters. If you are using the I.I.I.’s free home inventory tool, available at KnowYourStuff.org, it will allow you to easily create a separate list of items that are being moved to the student’s dorm room or apartment.

Most homeowners and renters policies include protection for a college student’s personal possessions (e.g., a TV, clothing and furniture) away from home, if they live on-campus. Some policies may limit the amount of coverage to 10 percent of the total amount of the policy’s overall coverage for personal possessions. The terms of the coverage would be the same as for the primary home or renters policy, providing protection from perils such as theft or fire—and like a traditional home insurance policy, mishaps such as spilling coffee on a computer are not included!

Items such as jewelry, expensive sports equipment and musical instruments may be subject to dollar limits under standard homeowners and renters policies. If your child is planning on playing a sport or participating in an orchestra they may need additional coverage to protect their equipment or instruments, so consider acquiring a floater or endorsement. These stand-alone insurance policies provide both higher amounts and broader coverage—for instance “mysterious disappearance,” which means that even if the item is simply lost, you may be able to file a claim. It may be best, however, to leave expensive jewelry at home or store it in a safe deposit box for safe keeping.

Other Coverages to Consider
Auto Insurance: If the student has been driving the family car and will now be away at college (at least 100 miles from home) let your insurance company know. You may be eligible for a discount on your auto insurance. Many auto insurers also give a discount to students who maintain good grades at school, usually at least a 3.0 grade point average. And if the student is taking a car away to school, be sure to let your insurance company know that the vehicle will now be kept in another location.
Tuition Insurance: This coverage refunds a portion of semester tuition and on-campus room and board when a student withdraws at any time during a semester due to a covered medical reason, including emotional, nervous or mental disorders or the death of the student.

courtesy of www.iii.org

Cheap Car Insurance in Myrtle Beach, SC

Affordable car and auto insurance that is good and proper

If you need cheap yet reliable car insurance in Wilmington, Asheville, Sumter, Elliot or Winston-Salem the Able Auto & Cycle can help. As local and independent agents they have access to the best auto insurance plans offered by major carriers across the nation.

It does not matter whether you live in North Carolina or South Carolina or whether you drive a Ford or a Lincoln or a truck, some form of auto insurance is compulsory. As vehicle owner you have a social responsibility in the event of an accident and that responsibility is usually covered by car insurance.

It follows that you want auto insurance that gives you the best coverage at the lowest rates. Evey car owner would want that. In order to get that kind of car insurance you need to deal with an agent that has vast experience, proper connections with major carriers.  This way you get car insurance tailored to your needs and to your budget.

Auto insurance should cover your liabilities in the event of an accident. If you are involved in an accident and other are hurt or suffer property damage you can be held liable. Liability insurance is an important part of car insurance and will cover you in the event of claims by 3rd parties.

Proper car insurance will also cover you for your own medical expenses or damage and loss as a result of an accident or some other event. As a vehicle owner you face many risks and it is important to understand which risks are covered and which are not. It also important to understand what limits there are, what your co-payments and what amount of coverage you need.

A professional and independent agent such as Able and Auto can help you with all these things and ensure that you get affordable auto insurance that is good and proper.

Cheapest Car Insurance in Myrtle Beach, SC

How to get the cheapest car and auto insurance around

 

We all want the cheapest car insurance possible without compromising coverage and reliability. Well that is exactly the kind of insurance you can get in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence and Columbia when you deal with Able Auto & Cycle. Thet have access to the best plans and can get you the cheapest auto insurance for your situation and circumstances.

Insurance is a about risk and insurance carriers employ very smart and clever people (called actuarial scientists) who work out these things using advanced mathematical and statistical formulas and models. For example they work out which age groups represents the highest or lowest risk, which areas are more risky than others Bottom line is they have models that indicate your risk profile and the likelihood that you will make a claim. What it means to you and me is that there are basic things we can bring to the table to help us get cheap car and auto insurance.

It follows that if you drive a standard sedan you will be considered a lower risk than someone who drives a Ferrari or some other high performance vehicle. Likewise if you have been careful with your finances and have a clean credit record then insurance companies will consider you will be careful with your driving as well and will have a lower risk profile. Other factors such as a good driving record, your age, your gender, the type of car, the value of your car, anti-theft devices, tracking devices and so on all can count in your favor and hep you to qualify for insurance discounts. Another factor would be the number of vehicles you insure. Insurance companies also like bulk business and are happy to give discounts where appropriate.

So by bringing positive factors helps you secure the cheapest car and auto insurance around.

Rental Car Insurance

There are more options for renting a car than ever before. In the past, you simply selected a vehicle from one of the many brick-and-mortar car rental companies found at airports, train stations or other locations. Today, technology has made possible other alternatives, including peer-to-peer car services, which enable consumers to rent personally owned cars from others; and car sharing programs in which—for a monthly or annual fee—consumers can pick up a vehicle at a wide range of locations for periods ranging from minutes to days.

While these car rental options mean more choice for consumers, they mean more questions about insurance coverage. Fortunately, it is possible to be properly insured when renting a car without wasting money by purchasing duplicative coverage.

The insurance coverage offered by traditional car rental companies is fairly standardized. However, coverage varies widely amongst other types of car sharing programs. The most important step is to read the car rental/sharing agreement—most companies clearly state what is covered as well as the supplemental coverage that can be purchased.

Regardless of the rental car option, the I.I.I. suggests making two phone calls:

The first, to your insurance company, to find out how much coverage you currently have on your own car. In most cases, whatever coverage and deductibles you have on your own car would apply when you rent a car (providing you are using the rental car for recreation and not for business).
If you have dropped either collision or comprehensive on your own car as a way to reduce costs, you may not be covered if your rental car is stolen or damaged. Insurance rules vary by state, so it is best to check with your insurance professional for the specifics of your policy.
Check to see whether your insurance company pays for—or provides a rider for—administrative fees, loss of use or towing charges.

The second, to your credit card company. Insurance benefits offered by credit card companies differ depending on the company and/or the bank that issues the card, and the level of credit card used (a platinum card may offer more insurance coverage than a gold card). However, most credit card only provide limited coverage, such as covering the deductible if there is a claim.
To know exactly the type and amount of insurance that is included, call the toll-free number on the back of the credit card you will be using to rent the car. If you are depending on a credit card for insurance protection, ask the credit card company or bank to send you their coverage information in writing.
In most cases, credit card benefits are secondary to either your personal insurance policy or the insurance coverage offered by the rental car company.

Brick-and-Mortar Car Rental Insurance

Consumers renting from traditional car rental companies can generally choose from the following coverages (Note: insurance is state-regulated; the cost and coverage will vary from state to state.):
Loss Damage Waiver (LDW) Also referred to as a collision damage waiver, an LDW is not technically an insurance product—it is designed to relieve or “waive” renters of financial responsibility if their rental car is damaged or stolen. In most cases, waivers also provide coverage for “loss of use,” in the event the rental car company charges for the time a damaged car cannot be used because it is being fixed. An LDW may also cover towing and administrative fees. The Loss Damage Waiver may become void if the accident was caused by speeding, driving on unpaved roads or driving while intoxicated.Comprehensive/collision auto coverage generally covers damage to a rental car. Keep in mind, however, that in most states diminished value is not covered by personal auto insurance policies.
Liability Insurance By law, rental companies must provide the state required minimum amount of liability insurance coverage—generally this figure is low and does not provide much protection. (See State minimums here.)A standard auto insurance policy includes liability coverage. For additional protection, consider an umbrella liability policy. Non car-owners who are frequent renters can also purchase a non-owner liability policy, which not only provides liability protection when renting a car, but also when borrowing someone else’s car.

Personal Accident Insurance This covers the driver and passengers for medical and ambulance bills for injuries caused in a car crash Health insurance or the personal injury protection (PIP) provided by your auto insurance will likely cover medical expenses.
Personal Effects Coverage This provides insurance protection for the theft of items from a rental car.A homeowners or renters insurance policy includes off-premises theft coverage. If you frequently travel with expensive items such as jewelry, cameras, musical instruments or sports equipment, consider a personal articles floater to protect your valuables at home and while traveling.

Car Sharing and Peer-to-Peer Car Rental Insurance

The insurance offered by these companies is not standardized. It is therefore important to go to the company’s website to read the insurance coverage information carefully. If you have any questions, call the customer service number listed on the website. And contact your auto insurer if you feel you need more information to make an educated insurance coverage decision.

Car sharing programs like ZipCar, generally include insurance costs in the fee. However, if the car is involved in a collision or is stolen, the renter may be billed for a specific dollar amount that is stated in the membership agreement. For an additional cost, customers can purchase a “waiver” to avoid paying the accident fee. Car renters under the age 21 should read the insurance coverage carefully as many programs limit coverage for young drivers to the minimum state required amount of liability. Young renters can look into whether their parents’ auto insurance would cover them for the difference, or purchasing their own non-owner liability policy.

A number of web-based peer-to-peer rental services (e.g. RelayRides) offer both basic coverage and supplemental insurance. The supplemental insurance includes both coverage for damage to the car and liability protection, and provides a choice of coverage amounts and deductibles. Renters who do not purchase the additional insurance are required to sign an agreement stating that they declined the coverage.

courtesy of www.iii.org

Cheapest Car and Auto Insurance in Myrtle Beach, SC

Factors that will help you get the cheapest car and auto insurance

Who does not want cheap car insurance? Well if you are looking for the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia then you need look no further than Able Auto & Cycle. As independent agents they have access to leading carriers across the country and they know where to find the best insurance deals for you.

There are many things that affect how much insurance costs and if you want the cheapest auto insurance then there are some things you can bring to the table in order to get just that. Apart from working with an agent that knows where the deals are, it does help if you have some positive contributions of your own. After all insurance is about and risk and cost. The lower your perceived risk in the eyes of a carrier, then lower your insurance costs.

So what positive factors can you bring to the table to get an even better deal on your auto insurance. Well a good driving record will be a start. If you have no claim record for a certain period of time that will be a big plus. Things like a DUI conviction won’t help – but a good and clean driving record will certainly go a long way in helping you get a better car insurance deal. Other factors that can help secure the cheapest auto insurance will relate to the type of car you drive, your current driving habits, your location, whether your car gets locked up in a garage at night and so on.

Perhaps you have multiple vehicles. If you insure more than one vehicle with the same carrier you could also qualify for additional discounts. You see it is not so difficult to get the cheapest car insurance around.

Car Insurance in Florence and Myrtle Beach, SC

Your car insurance does not come with a warranty

You have many options when it comes to car insurance in Wilmington, Asheville, Sumter, Elliot or Winston-Salem. But when you have many options a decision about which option is the right one can be difficult. A good option for auto insurance will be to deal with an accredited insurance agent who takes time to understand your requirements and who has the experience, knowledge and contacts to match the right car insurance for your needs and for your budget.

 

Legally you could settle for the minimum required auto insurance which is usually in the form of some liability cover. You could also settle for the first option that you find. You could also settle for the cheapest option. But that does not mean it is the right car insurance policy for you.

 

When you buy something or pay for a service you want it to work. There are few things as annoying or frustrating as buying something and discovering later that it does not work. Now maybe with some product you can exchange it under warranty if is faulty. But even then it involves immediate frustration and additional time to take the product back to the store and then deal with all the paper work and warranty requirements such as original packaging etc.

 

Now with auto insurance you also want it to work. And that means when you put in a claim you want the insurance carrier to settle your claim without undue delay. However if you have the wrong car insurance you might find that when it comes to claim time, it does not work. Now unfortunate you don’t have a warranty option when it comes to car insurance. Your insurance will cover your claim or will not or maybe only part of your claim.

 

What it comes down to is that you need the right auto insurance from the outset. The best way to get this is to deal with and independent and knowledgeable agent in your area.

Hurricane Season Insurance Checklist

You probably make a checklist for performing home repairs, a shopping list before hitting the grocery store, or perhaps a to-do list for work assignments—but do you have a checklist for reviewing your insurance coverage? The start of hurricane season is right around the corner (June 1 – November 30). So now’s the time to check your homeowners or renters insurance—and this handy list will make it easy to be sure you’re well-prepared in case a storm comes your way.

HOMEOWNERS COVERAGE

❏ Check your policy limit; is it enough to rebuild your home?

Make sure to have enough coverage to completely rebuild your home in the event it is severely damaged or destroyed. And, remember, the real estate value of a house is not the same as the cost to rebuild.

Consider these homeowners coverages to help protect against the costs of rebuilding after a hurricane:
Extended Replacement Cost Policy – pays an additional 20 percent or more above the policy limits.
Guaranteed Replacement Cost Policy – pays the full amount to rebuild your home whatever the ultimate cost.
Inflation Guard – automatically adjusts the coverage limits to reflect changes in construction costs.
Ordinance or Law Coverage – pays a specified amount for rebuilding to new building codes, should your community adopt stricter codes.

❏ Do you know everything you own and how much it’s worth?

Imagine having to re-purchase all of your furniture, clothing and other personal possessions. Now think about what that would cost. Most insurers provide coverage for personal possessions—approximately 50 to 70 percent of the amount of insurance you have on the structure of your home. Is this enough? The best way to determine what you actually need is to conduct a home inventory—a detailed list of your belongings and their estimated value. The I.I.I.’s free Know Your Stuff – Home Inventory tool can help.

Check what type of insurance you have for your belongings:
Replacement Cost Coverage – pays what it would cost to replace your personal possessions at their current value.
Actual Cash Value Coverage – pays to replace your personal possessions only at their depreciated value.

❏ Does your policy provide enough Additional Living Expenses coverage?

Additional Living Expenses (ALE) coverage kicks in if your home is rendered uninhabitable as the result of a hurricane or other insured disaster. ALE covers the extra costs involved in living away from home—hotel bills, restaurant meals and other expenses, over and above your customary living expenses—incurred while your home is being repaired or rebuilt. If you rent out part of your home, this coverage also reimburses you for lost rental income.

Check that the coverage is adequate for your needs:
ALE coverage is generally equal to 20 percent of the amount of insurance coverage that you have on the structure of your house; however, most insurers offer the option of higher coverage limits.
Many policies provide ALE reimbursements only for a specific amount of time; make sure you’re comfortable with the time limits in your policy.

❏ What is the percentage of the hurricane/windstorm deductible stated in your policy?

Insurers in every coastal state from Maine to Texas include separate deductibles for hurricanes and/or windstorms in their homeowners policies. Unlike the standard “dollar deductible” on an auto or home policy, a hurricane or windstorm deductible is usually expressed as a percentage. It is clearly stated on the Declarations (front) page of your homeowners policy.

Hurricane and windstorm deductibles generally range from 1 to 5 percent of the insured value of the structure of your home. A hurricane deductible is applied only to hurricanes whereas a windstorm deductible applies to any type of wind. If your policy has a hurricane deductible, it will clearly state the specific “trigger” that would cause the deductible to go into effect.

Keep in mind:
If you live in an area at high risk for hurricanes, your hurricane deductible may be a higher percentage.
Depending on your insurer and the state where you live, you may have the option of paying more money in premiums in exchange for a lower deductible.
A deductible is basically the amount subtracted from an insurance payout. If you have a high hurricane or windstorm deductible consider putting aside the additional money you may need to rebuild your home.

❏ What disasters does your insurance policy cover?

Standard homeowners insurance policies provide coverage for hurricanes, wind, theft, fire, explosion, lightning strikes and a host of other disasters. However, all policies also list exclusions—such as for flood or earthquake—which are NOT covered by the policy. Get to know the exclusions in your policy and either talk to your Insurance Professional about purchasing separate coverage, or be prepared to pay the cost of those damages out-of-pocket.

Important additional coverages to consider in hurricane-prone areas:
Sewer Back-Up Coverage – Can be purchased either as a separate policy or as an endorsement to an existing homeowners policy. Sewer backups and damage from runoff water caused by major downpours are not covered under standard homeowners nor by flood insurance.
Flood Insurance – Separate flood insurance is available from FEMA’s National Flood Insurance Program (NFIP) and from some private insurance companies.

❏ But, wait, what about your flood insurance policy?

People tend to underestimate the risk of flooding, but 90 percent of all natural disasters include some form of flooding—especially hurricanes! If you live in a flood zone, or a hurricane-prone area, a separate flood insurance policy is a must. But it’s equally important to understand what it actually covers.

An NFIP flood insurance policy provides coverage for up to $250,000 in replacement cost coverage on the structure of the home and $100,000 in actual cash value coverage for personal possessions. Coverage for basements is limited, so make sure you understand what is considered a basement, as well as what is and is not covered in that area of the house. The NFIP policy also does not include coverage for ALE.

Additional tips about flood insurance:
There is a 30-day waiting period for a flood insurance policy to go into effect so don’t wait until a storm is imminent to apply for coverage.
The NFIP offers a range of deductibles; the deductible you choose will affect the cost of the policy and the amount of money you would receive if you file a claim.
If you require a higher amount of coverage than is offered by the NFIP, consider getting excess flood insurance which is available from private insurance companies.

RENTERS INSURANCE

❏ If you rent, rather than own, your home, have you bought renters insurance?

While your landlord may provide insurance coverage for the structure of your home, as a renter you are responsible for your own belongings. Renters insurance covers the loss or destruction of your possessions if they are damaged by a hurricane or other disaster listed in the policy. A standard renters insurance policy also includes ALE coverage if you are unable to live in your house or apartment due to damage caused by a hurricane.

Flood insurance is also available for renters. However, as for homeowners, the NFIP flood insurance policies for renters do not include ALE coverage.

Don’t wait to review and update your insurance until after you have a loss—there are few things worse than finding out you did not have the right kind of coverage when you are already filing a claim. So before hurricane season kicks off, make sure you’ve reviewed home or renters insurance policy with this Hurricane Season Insurance Checklist. Call your Insurance Professional if you have any questions. They can provide guidance on how to get the insurance protection that’s best for your needs and budget.

courtesy of www.iii.org

Spring Clean FOr Your Insurance Policies

Spring may be the traditional time of year for cleaning out closets and drawers and organizing attics, but it is also a great time to review of your insurance coverages, according to the Insurance Information Institute (I.I.I.).

“Just as it is important to look at your wardrobe, electronics and other personal items to see what needs to be tossed, fixed, updated or stored for the coming months, everyone should do a thorough evaluation of their insurance coverage at least once a year,” says Jeanne M. Salvatore, the I.I.I.’s SVP and Chief Communications Officer. “So why not make a policy review part of your spring cleaning ritual?”

As your life changes so do your insurance needs. Instead of just dusting around the corners of your insurance policies this year, take the time to read them over and ask yourself the following key questions:

1. Is my home covered for its full rebuilding cost?

Review your policy to make sure that you have enough insurance to rebuild your home. If you have made major improvements to your home, such as adding a new room, enclosing a porch or expanding a kitchen or bathroom, you risk being underinsured if you don’t adjust your homeowners insurance coverage limits.

And if you don’t yet have a separate flood insurance policy, now would be a great time to check whether your home is in a flood risk zone at FloodSmart.gov.

For more information: How Much Homeowners Insurance Do I Need?; Does My Homeowners Insurance Cover Flooding?

2. Do I have enough coverage for expensive items?

Have you bought or received as a gift any valuable jewelry since you purchased/renewed your policy? And, when was the last time you had the items you owned appraised? Standard homeowners insurance has dollar limits for the theft of certain types of expensive items like jewelry, furs and silverware. This means that the insurer will only pay the amount specified in the policy—generally $1,000 to $2,000. To insure these items to their full dollar value, consider a special personal property endorsement or floater. This coverage includes “accidental disappearance,” meaning coverage if you simply lose that item—and there is no deductible.

But remember that items can go up or down in value. Floaters and endorsements are priced on the appraised value of an item or collection so have periodic reappraisals done to make sure you are purchasing only the amount of coverage you actually need.

The best way to keep track of your belongings and make sure they are adequately insured is to create a home inventory—find out how here.

3. Do I still need comprehensive/collision on my car?

If you’re driving an older car that is worth less than $1,000—or less than 10 times the insurance premium—the optional coverages may no longer be cost effective. Consider saving money on your premium by dropping either comprehensive or collision.

4. Do I have enough liability insurance to fully protect my assets?

Standard homeowners and auto policies liability coverage, paying for judgments against you and your legal fees, up to a limit set in the policy. However, in our litigious society, you may want to have additional protection—that’s what an umbrella liability policy provides. An umbrella policy kicks in when you reach the limit on the underlying liability coverage in a homeowners, renters, condo or auto policy. If your assets have increased of late, you’ll have more to lose and may want to consider this extra layer of protection.

5. What kind of vacation will I be taking this summer?

If you are taking an expensive, pre-paid vacation or an active vacation such as biking or hiking in an exotic locale, travel insurance can help protect the financial investment in your vacation.

6. Should I rent out my house during the vacation period?

Whether you own a second home that you plan to lease to a tenant, or want to rent out your primary residence though an online service such as Airbnb, your first step should be to call your insurance professional. Depending on the rental scenario, your standard homeowners policy may not cover losses incurred while your home is rented out, and you may require a more specialized insurance policy.

Most importantly, whether it’s winter, spring, summer or fall, plan a regular talk with your insurance professional so he or she can help you get the coverage you need.

courtesy of www.iii.org

Car Insurance in Sumter, Florence, Winston-Salem

North and South Carolina are great for car lovers. Whether you reside in Wilmington, Asheville, Sumter, Elliot or Winston-Salem, you know how great it feels to drive across the freeways and feel the adrenaline rush. But before you press the accelerator of life, push the brake and think. Is your car insured? Can you risk speeding on freeways? If not, you have landed in the right place. Able Insurance Agency offers car insurance at surprisingly attractive rates.

Wait a second. Should you be choosing our offers just because we are saying so? Of course not! You have the full right to know why dealing with us works at your advantage. Here are a few ways to cross-check why we are the best auto insurance agency in North and South Carolina.

Research About Other Agencies
We suggest you research on other insurance companies in the area. This will help you get a clearer picture on the different kinds of car insurances available. You can also search online. You might be thinking it is fool-hardy to ask our prospective customers to check our competitors. But we are confident that once you get associated with us you will not regret your decision. We have the best deals for you.

Insurance Depends on Your Car’s Condition
The onus of a good auto insurance is as much on you as it’s on us. The fact is that insurance is largely based on the condition of the car. If anyone tells you something in contradiction, be wary of such suggestions. A secured car can get a cheaper insurance.

Driving History
Most insurance companies check the driving history of car owners. We too look for car owners who have a good driving history. If you never had an accident or police cases, it is mostly likely that you will get lower insurance rates from us.

Auto Insurance Agency is just a call away. Talk to us and find out more about auto insurance.

Cheapest Car Insurance in Winston Salem, NC

Owning a fancy, big car is super cool. But paying up insurance for the same isn’t. The truth is no one likes to pay a lot on car insurance policies even though most understand the importance of insuring vehicles. Whether you live in North Carolina or South Carolina, Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia you would have spent many hours looking for the cheapest car insurance. Many find online quotes useful as they help to get a clearer picture of the varying rates. While online searches are helpful, they cannot give conclusive results. This is because car insurance largely depends on the condition of the car, driver etc. At Able Insurance Agency we are committed to offer the best rates to car owners so that tomorrow you don’t need to look for a new insurance agency. Allow us to share a few tricks on how you can get the cheapest insurance for your car.

  • Car Model and Make – The car model plays a determining role in getting cheapest auto insurance. For example, if you drive a sports car the insurance will be more than a family sedan. Moreover if there is a high risk of theft, the insurance charge will automatically rise. In the insurance industry, we value safety and fear risks.
  • Driving Record – At Able Insurance Agency we value customers who have a good driving record. In fact it is not just us but all reliable insurance agencies will check on the number of accidents, traffic violations under your name. If such cases are high, the chance of you getting cheap car insurance is very thin.
  • Usage of Car – If you don’t use the car every day and hardly run it for miles, let us know. We can give cheaper rates to car owners who drive less and hence are less prone to accidents.

Car Insurance in Florence, Columbia SC

Proper car and auto insurance should extend beyond liability cover

Automobiles have been around a long time and the first car accident took place before car insurance even existed. Now you don’t have to be in an unfortunate situation where you are in a car accident without proper auto insurance.  For best value auto and car insurance in Wilmington, Asheville, Sumter, Elliot or Winston-Salem, you should consult with local and independent agent such as Able Auto & Cycle.

The first recorded car accident involved a car and a tree. After that many years passed and many vehicle accidents took place before proper car insurance came into existence. In fact in those early days there were no driving schools and anybody with a few cents could get a driver’s licence. And if you were injured by one of those untrained drivers you would have had no recourse to liability insurance or other legal means of compensation.

Fortunately things are more regulated today and now drivers’ exams and auto insurance are mandatory. In fact Massachusetts was the first state to make liability insurance for car owners compulsory. After WW2 car sales increased exponentially prompting other States to pass similar car insurance and liability laws.

In the old days car insurance contracts were simple hand written contracts sold by traveling sales reps. Today auto insurance is a complicated legal contract that you can readily buy online. And if you own a car or drive a car it is compulsory for you to carry some form of car insurance and this is mostly in the form of liability insurance.

Liability insurance is a big part or auto insurance but that will only cover your for injury or damage to others. You still need to consider your own risks and potential losses. That is why proper car insurance involves much more than just liability cover.

Cheap Car Insurance in Winston Salem, NC

Cheapest car and auto insurance tailored to your needs

We all want the cheapest car insurance combined with the best possible coverage. Well if you reside in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia you can get just that by consulting with Able Auto & Cycle.  As independent agents they have access to leading carriers across the country and they can scout for the best deals around and take advantage of any specials and discounts available in the market.  You can also use their comprehensive online tools to search for insurance products and compare pricing and conditions.

There are also things you can bring to the table that will help you qualify for the cheapest auto insurance around. For example if you drive a low risk car, have a clean driving record, have a low risk driving profile and have a good credit rating you will automatically qualify for lower auto insurance rates. Insurance is about risk and return and from the carriers perspective if you have a low risk profile there risk will be lower and hence they will offer your better rates. Other factors to consider revolve around no claim bonuses,

However insurance is not just about price. You also want effective coverage. For example if you settle for the legal minimum car insurance you may well pay less but then you will only be covered for 3rd party liability claims. Most car owners will want to cover themselves in the event of personal injury and motor vehicle damage or loss. For that you will need additional auto insurance such as collision insurance, theft insurance and disaster insurance. However by dealing with the right agent you can still get the cheapest car insurance for your coverage options. At the end of the day it is about best value auto insurance that is tailored to your circumstances.

Distracted Drive Awareness Month

Have you ever texted, spoken on the phone, changed radio stations, or even turned around to talk to passengers while driving? If so, you may be exposing yourself, your passengers, and anybody else on the road to harm. Driver distractions such as these accounted for 10 percent of all fatal crashes, 18 percent of injury crashes and 16 percent of all motor vehicle crashes in 2012, according to the National Highway Traffic Safety Administration (NHTSA).

And of these hazards, cellphones and text messaging were the most common cause of accidents. However, other common habits, such as using a vehicle navigation system, eating and drinking, reading a map, grooming yourself, or even having a phone conversation using a hands-free device can be hazardous, too.

Employers May Be Held Liable

Not only is distracted driving dangerous for individuals, but there is a growing concern among business owners and managers that they may be held liable for accidents caused by their employees while driving and conducting work-related conversations on cellphones. Under the doctrine of “vicarious responsibility,” employers may be held legally accountable for the negligent acts of employees committed in the course of employment. Employers may also be found negligent if they fail to put in place a policy for the safe use of cellphones.

Tips for Safer Travel

Keep these safety tips in mind when driving:
Pull Off the Road – Don’t drive while calling or texting; pull off the road to a safe location.
Use Voice-activated Dialing – If you must dial from the road, program frequently called numbers and your local emergency number into your phone and use voice-activated dialing.
Never Dial While Driving – If you must dial manually, do so only when stopped or have a passenger dial for you.
Take a Message – Let your voice mail pick up your calls while you’re driving. It’s easy—and much safer—to retrieve your messages later on.
Know When to Stop Talking – If you must make or receive a call while driving, keep conversations on brief so you can concentrate on your driving. If a long discussion is required or if the topic is stressful or emotional, end the conversation and continue it once you are off the road.
Don’t Take Notes While Driving – If you need to write something down, use an audio recorder or pull off the road.
Know Where You’re Going – Study the route before you leave or have a passenger read the map. And if you’re using a navigation system, program in your destination before you start driving and use the audio setting to avoid having to look at the screen for directions.
Don’t Eat or Drink While Driving – Eating takes both your hand off the wheel and your eyes off the road, so don’t do it. Furthermore, spills can easily cause an accident. If you have to stop short, you could also be severely burned.
Groom Yourself At Home – Shaving, putting on makeup, combing your hair or other forms of preening are distractions and should be done at home, not while driving.

While everyone should follow these rules, it is particularly important to review them carefully with teen drivers. Motor vehicle crashes are the leading cause of death among 15- to 20-year olds, and in 2012, 10 percent of all drivers in that age group involved in fatal crashes were distracted at the time of the crash, according to NHTSA. Talk to your teen about safe driving habits and, most importantly, model good behavior on the road. And for more information on distracted driving, see our Distracted Driving backgrounder.

courtesy of www.iii.org

Su Esfuerzo Le Ha Llevado Muy Lejos, Pero ¿Tiene Suficiente Protección Financiera? Conmemore El Mes De La Mujer Revisando La Economía Familiar

NEW YORK, 16 de marzo de 2015 — Ya sea que una mujer posea un trabajo fuera de casa o se dedique exclusivamente a cuidar de su familia y hogar, su contribución al bienestar familiar es a menudo subestimada. Esto se hace muy evidente a la hora de calcular el impacto que tendría que ellas falten o fallezcan. Su ausencia, ya sea como sostén económico o como la persona que se encarga de los chicos, los padres mayores, el buen funcionamiento de la casa y la familia, es suficiente para desequilibrar económicamente y cambiar el estilo de vida de la más estable de las familias. Por eso es necesario analizar todas esas contribuciones a la hora de obtener un seguro de vida familiar, indicó el Insurance Information Institute (I.I.I).

En una encuesta nacional realizada por wholesaleinsurance.net, una fuente de información de la industria, indica que el 43% de las mujeres adultas no poseen un seguro de vida. Las mujeres que sí lo poseen a menudo están sub aseguradas, con apenas una cuarta parte de la cobertura que sus familias necesitarían para hacer frente a sus necesidades en el caso de su ausencia. Y esto es además notable si se considera que las mujeres comprenden el 57% de la fuerza laboral de los Estados Unidos, según resultados publicados por la Oficina de Estadísticas de Trabajo de los Estados Unidos (Bureau of Labor Statistics). Cuando se comparan con trabajadores hombres, las mujeres poseen un 31% menos de cobertura de seguro.

Según estudios de la organización LIMRA, la situación está un poco más nivelada entre las mujeres jóvenes, quienes tienen una situación similar comparada con los hombres jóvenes de su mismo segmento de edad. Pero entre las mujeres mayores de 55 años, se encuentra que menos mujeres poseen seguro de vida. Comparando mujeres y hombres dentro de su mismo rango de edad, en general las mujeres poseen menos cobertura individual de seguro de vida que los hombres. En promedio, las mujeres poseen un seguro de vida de cerca de $129.800 de cobertura individual, mientras que entre los hombres ese promedio es de $187.100. Otra diferencia está entre las mujeres con ingresos mayores de $100.000 al año, menos mujeres dentro de este rango de ingresos tienen seguro, en comparación con los hombres que tienen ingresos similares.

“El Mes Conmemorativo de la Historia de la Mujer es un momento oportuno para recordarle a la mujer actual que los logros obtenidos en los últimos cien años son bases sólidas para la igualdad económica sin diferencia de género, pero hay aún muchas más cosas por lograr, y algunas cosas en particular que se pueden hacer de forma individual para equilibrar la balanza financiera personal”, indicó Elianne E. González, portavoz del I.I.I.

“Hace cien años, las mujeres en los Estados Unidos no tenían derecho al voto, no podían tener propiedades a su nombre, no podían registrar patentes ni comprar una póliza de seguros de vida para ellas”. Hoy día, adquirir una póliza de seguros no sólo es totalmente accesible para ellas, sino que además un número importante de mujeres se destacan en la industria de los seguros, y desde sus variadas funciones ayudan a promover acciones que ayuden a las mujeres a proteger sus finanzas y las de sus familias. “El seguro de vida es una herramienta importante a la hora de proteger a los seres queridos, pero especialmente entre las mujeres es necesario revisar las necesidades reales y no postergar su adquisición,” explicó González.

Por eso, cuando se evalúen las necesidades familiares se debe considerar todos los servicios adicionales que las mujeres proveen en la vida familiar, no sólo para quienes están en casa, sino para quienes además trabajan medio tiempo o a tiempo completo fuera de casa. “Si falta la mujer de la casa, la familia va a necesitar alguien que se haga cargo de su contribución al trabajo de la casa: alguien que cuide de los hijos, de los padres mayores, que haga las compras, la tareas con los chicos, los cuide cuando se enferman, los lleve de un lado a otro de la ciudad en sus actividades. Esto significa tiempo y dinero que, si hay que contratar a alguien para hacerlo, costaría una fortuna”, agregó González. “Con los recursos que provee una póliza de seguros de vida, se puede obtener fondos para enfrentar estas necesidades y gastos que no son evidentes”.

Inclusive para mujeres que no tienen dependientes, el seguro de vida puede ser una herramienta financiera importante. Como grupo, las mujeres viven más años que los hombres y es más probable que requieran de un ingreso adicional durante su jubilación o retiro. Una póliza de seguros permanente como las que en inglés se conoce como cash value life insurance policy, ayuda a acumular fondos a largo plazo y con beneficios de impuestos, que son de gran utilidad en la jubilación. Además, una póliza de seguros de vida es una forma sencilla de dejar un legado, disponer de las deudas y de otros gastos (funeral, entierro), sin que tengan que hacerse responsables por esos gastos sus familiares allegados.

La mejor forma de entender los benéficos y usos de una póliza de seguros de vida es conversar con un profesional de los seguros.

Courtesy of www.iii.org

Got Life Insurance?

NEW YORK, March 5, 2015 — Whether or not they hold down a paying job, many women contribute to the economic well-being of their family in important ways—from taking care of household tasks to acting as the primary care giver for children and aging parents. But these contributions are too often left unprotected by life insurance, according to the Insurance Information Institute (I.I.I).

A national poll by wholesaleinsurance.net, an industry news and information resource, finds 43 percent of adult women have no life insurance. And among those who are insured, many are underinsured, carrying roughly a quarter of the coverage necessary for their needs. Women now comprise 57 percent of the U.S. labor force, according to a Bureau of Labor Statistics study, yet they carry 31 percent less life insurance than their male counterparts.

A LIMRA survey found that while younger women are now as likely as their male counterparts to have coverage, women ages 55 and older are still considerably less likely than men the same age to own life insurance. And women of all ages have smaller average amounts of individual life coverage than men in equivalent age brackets. On average, women have $129,800 of individual life insurance, to men’s $187,100. In addition, women with high personal incomes ($100,000 or more) are less likely to have life insurance than men at the same income level.

“Women’s History Month is an important reminder of how far women have come,” said Loretta Worters, vice president with the I.I.I. “One hundred years ago women weren’t even able to buy life insurance; today women hold leadership positions in corporate America, including the insurance industry. So it’s more important than ever that women place a value on their contributions and purchase the right type and amount of life insurance.”

Worters added that the services stay-at-home spouses provide to their families are significant. “If a stay-at-home spouse dies, the family would need to hire someone to cook, clean, chauffer, tutor, nurse, handle household maintenance, bill paying, yard work and a host of other important duties,” she noted. “It could cost a small fortune to replicate the care they provide. A life insurance policy can help cover those expenses.”

Life insurance can be a good choice for single women with no dependents as well. Women are, as a group, living longer than ever before, and the need for sufficient retirement income is crucial. A cash value life insurance policy, for example, can help accumulate funds on a tax-advantaged basis to supplement other retirement income. And life insurance can pay for outstanding debt, funeral, burial, probate and estate administration expenses or be used to leave behind a legacy in the form of a charitable contribution.

To better understand the life insurance options available, speak to an insurance professional.

courtesy of www.iii.org

Car Insurance in Columbia, Florence, Hartsville, and Sumter

Is Your Car Insurance Expiring Soon? Here Is What You Should Know

 

Car insurance is compulsory in a lot of USA states, including cities such as Wilmington, Asheville, Sumter, Elliot, Winston-Salem. So if you recently remembered that your car insurance policy is going to expire soon, it is time to renew it. Or even better, you can replace your auto insurance policy with an entirely new one.

If you decided to search for a completely new type of car insurance, here are the things to know that could help you save time and money:

Maybe you don’t need a new insurance package, only a renewed one

Consider how good your coverage is at this point. Good enough? Could be better? Meh…? Then you’d better start searching for new car insurance offers. Discuss your options with your current insurer first, as they may be able to give you a discount (for being a loyal customer). So you’re getting a better deal at a better price.

Is your insurance already very good? Then stick with your current insurance plan.

Does it pay off to stick with the same insurer?

It may depend. If you are a loyal customer, you may get discounts and premium prices for your insurance policy. What is more, you could get better prices on insurance packages that are more expensive but provide better coverage.

Your car insurance package

However, keep in mind that there is a limit as to how low those prices can go. This depends on your car, your location, your age, whether or not you have a garage, etc. Therefore, the final price for your car insurance policy will be calculated taking into account these aspects.

If you want to find out more information about car insurance packages, or if you want to talk to an insurance agent, don’t hesitate to contact Able Auto Insurance in Wilmington, Asheville, Sumter, Elliot, Winston-Salem.

Renting A Car Soon, There’s Insurance For That.

There are more options for renting a car than ever before. In the past, you simply selected a vehicle from one of the many brick-and-mortar car rental companies found at airports, train stations or other locations. Today, technology has made possible other alternatives, including peer-to-peer car services, which enable consumers to rent personally owned cars from others; and car sharing programs in which—for a monthly or annual fee—consumers can pick up a vehicle at a wide range of locations for periods ranging from minutes to days.

While these car rental options mean more choice for consumers, they mean more questions about insurance coverage. Fortunately, it is possible to be properly insured when renting a car without wasting money by purchasing duplicative coverage.

The insurance coverage offered by traditional car rental companies is fairly standardized. However, coverage varies widely amongst other types of car sharing programs. The most important step is to read the car rental/sharing agreement—most companies clearly state what is covered as well as the supplemental coverage that can be purchased.

Regardless of the rental car option, the I.I.I. suggests making two phone calls:

The first, to your insurance company, to find out how much coverage you currently have on your own car. In most cases, whatever coverage and deductibles you have on your own car would apply when you rent a car (providing you are using the rental car for recreation and not for business).
If you have dropped either comprehensive or collision on your own car as a way to reduce costs, you will not be covered if your rental car is stolen or damaged.
Check to see whether your insurance company pays for—or provides a rider for—administrative fees, loss of use or towing charges.

The second, to your credit card company. Insurance benefits offered by credit card companies differ depending on the company and/or the bank that issues the card, and the level of credit card used (a platinum card may offer more insurance coverage than a gold card). However, most credit card only provide limited coverage, such as covering the deductible if there is a claim.
To know exactly the type and amount of insurance that is included, call the toll-free number on the back of the credit card you will be using to rent the car. If you are depending on a credit card for insurance protection, ask the credit card company or bank to send you their coverage information in writing.
In most cases, credit card benefits are secondary to either your personal insurance policy or the insurance coverage offered by the rental car company.

Brick-and-Mortar Car Rental Insurance

Consumers renting from traditional car rental companies can generally choose from the following coverages (Note: insurance is state-regulated; the cost and coverage will vary from state to state.):
Loss Damage Waiver (LDW) Also referred to as a collision damage waiver, an LDW is not technically an insurance product—it is designed to relieve or “waive” renters of financial responsibility if their rental car is damaged or stolen. In most cases, waivers also provide coverage for “loss of use,” in the event the rental car company charges for the time a damaged car cannot be used because it is being fixed. An LDW may also cover towing and administrative fees.
The Loss Damage Waiver may become void if the accident was caused by speeding, driving on unpaved roads or driving while intoxicated.

Comprehensive/collision auto coverage generally covers damage to a rental car. Keep in mind, however, that in most states diminished value is not covered by personal auto insurance policies.

Liability Insurance By law, rental companies must provide the state required minimum amount of liability insurance coverage—generally this figure is low and does not provide much protection. (See State minimums here.)A standard auto insurance policy includes liability coverage. For additional protection, consider an umbrella liability policy.
Non car-owners who are frequent renters can also purchase a non-owner liability policy, which not only provides liability protection when renting a car, but also when borrowing someone else’s car.

Personal Accident Insurance This covers the driver and passengers for medical and ambulance bills for injuries caused in a car crash
Health insurance or the personal injury protection (PIP) provided by your auto insurance will likely cover medical expenses.

Personal Effects Coverage This provides insurance protection for the theft of items from a rental car.A homeowners or renters insurance policy includes off-premises theft coverage.
If you frequently travel with expensive items such as jewelry, cameras, musical instruments or sports equipment, consider a personal articles floater to protect your valuables at home and while traveling.

Car Sharing and Peer-to-Peer Car Rental Insurance

The insurance offered by these companies is not standardized. It is therefore important to go to the company’s website to read the insurance coverage information carefully. If you have any questions, call the customer service number listed on the website. And contact your auto insurer if you feel you need more information to make an educated insurance coverage decision.

Car sharing programs like ZipCar, generally include insurance costs in the fee. However, if the car is involved in a collision or is stolen, the renter may be billed for a specific dollar amount that is stated in the membership agreement. For an additional cost, customers can purchase a “waiver” to avoid paying the accident fee. Car renters under the age 21 should read the insurance coverage carefully as many programs limit coverage for young drivers to the minimum state required amount of liability. Young renters can look into whether their parents’ auto insurance would cover them for the difference, or purchasing their own non-owner liability policy.

A number of web-based peer-to-peer rental services (e.g. RelayRides) offer both basic coverage and supplemental insurance. The supplemental insurance includes both coverage for damage to the car and liability protection, and provides a choice of coverage amounts and deductibles. Renters who do not purchase the additional insurance are required to sign an agreement stating that they declined the coverage.

courtesy of www.iii.org

Cheapest Auto Insurance in and around Sumter, and Winston – Salem

How to get the cheapest car and auto insurance

We all want things at the best possible price and insurance is no exception. If you are looking for the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia, then you should contact Able Auto & Cycle. They have access to top carriers and know where to find the cheapest auto insurance for your needs.

There are many factors that affect the cost of car insurance. Since insurance is about risk and return it makes sense that a carrier will offer lower insurance premiums if the perceived risk is lower. For example if you drive a vehicle that a carrier sees as low risk then you could qualify for lower premiums. For example a normal sedan will be considered lower risk than say a convertible.  Also a vehicle that is fitted with anti-theft devices will be considered lower risk than vehicles that don’t have such devices.

Your driving habits also have bearing on your insurance premiums.  Where you drive and how often will have an influence on the perceived risk. Your past driving record is also an important factor. If you have a clean driving record you will be able to negotiate lower premiums.

Other factors that can impact on auto insurance costs include where you live, how old you are, your gender and even your credit score.

Basically the more positive factors you bring to the table the better your chances of finding the cheapest auto and car insurance around.  Apart from your own circumstances it is also the ability of your agent to find and negotiate the cheapest car insurance for you that plays a big role. An independent agent can match the right auto insurance to your risk profile which means you get dependable coverage at the best possible price.

Cheapest Car Insurance in Florence and Winston-Salem

Can You Negotiate For The Cheapest Car Insurance Quote?

 

Have you ever wondered if you can negotiate your insurance quotes to get the cheapest car insurance? In this article we talk about the elements of a car insurance policy that can influence the final price for the insurance: some of them are fixed price, while others give you the freedom to “negotiate”.

If you won a car and are looking for the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence, Columbia.

These can insurance features influence the price and cannot be negotiated

  1. The car’s brand
  2. The car’s mileage
  3. Your geographical location and the area where you live
  4. The safety rating of your car
  5. Your driver’s history
  6. Your age, etc.

Features that enable you to negotiate for the cheapest car insurance

Okay, so you can own the cheapest auto insurance policy if you are an exemplary driver with a clean driving history. This is one area of your car insurance where you can get bold and speak out your mind.

Another tip is to pay the entire cost of your policy upfront. In this case the insurance agent may be allowed to give you a discount.

Thirdly, ask about premiums. Or even better, remind the insurance agency (if they don’t do it themselves) that you have been their client for X years and you want the cheapest car insurance available. It’s as simple as that.

Don’t forget, the cheapest car insurance is not the best

The cheapest car insurance may not give you the coverage you need. So instead of haunting for the lowest price, decide upon the coverage you need. Then start comparing the different insurance prices of the policy that you need.

For more information about how to get the cheapest car insurance contact an insurance agent from your area in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence, Columbia.

Car Insurance: Columbia, Florence, Sumter, SC

Car Insurance – Don’t Forget It When Buying A New Car

So you found the car of your dreams at a price you can afford and you’re about to sign the contract to make it yours forever.

Stop for a moment. Have you taken into consideration all aspects of buying a new car? Whether you’re buying it directly from a car dealer or you’re buying a second-hand automobile, you need to take into consideration the long-term costs of owning that car.

Car insurance quotes

It is a good idea to discuss the costs of your car insurance with an insurance agent. While the car’s price may be a real bargain, you can end up paying a lot of money for your insurance.

Some things that the insurance companies will keep an eye on include the car’s mileage, its age, and its brand. Some car brands are more expensive to insure than others. The car insurance agency will also evaluate the costs of repairing your car in case it is damaged.

Then, you come into the discussion: how old are you? What is your driving experience? Were you involved in car accidents in the past? Are you a DUI driver (driving under influence)?

All these factors will contribute to the final cost for your car insurance in Wilmington, Asheville, Sumter, Elliot, Winston-Salem.

Besides the car insurance, you should also think about the cost of oil, repairs, maintenance. Keeping your car safe is another thing to keep in mind. Numerous car insurance companies advise their clients to store their cars in a garage, because it decreases the risk of the car being stolen. An alternative to the garage storage is to install an alarm on your car.

In fact, adding all these improvements to your car can contribute to lowering your car insurance costs. To find out more about how to get cheap car insurance contact one of our representatives from Able Auto Insurance in Wilmington, Asheville, Sumter, Elliot, Winston-Salem.

Cheapest Car Insurance in Florence, SC and Winston-Salem, NC

Cheapest car insurance possible for your circumstances

Cost is always an important consideration when it comes to car insurance. If you are looking for the cheapest car insurance in Elliot, Wilmington, Winston-Salem, Asheville, Darlington, Sumter, Hartsville, Florence or Columbia the Able Auto & Cycle can help.

 

As independent insurance agents they have access to the best plans and options from various carriers across the country. They also know all the important factors that can influence the cost of your car insurance.

 

Important factors that influence car insurance include the type of car you own, your past driving record, your current driving habits, your location, your age, your profession, your gender and even your credit rating. An expensive car will usually attract a higher insurance premium than a less expensive one. However if you have a car that is fitted with anti-theft devices and immobilizer your insurance risk with respect to theft will be lower and so will your premiums.

 

When it comes to the cost of insurance it is all about risk and return. The higher you’re perceived risk the more expensive your insurance will be. Car insurance is not just about covering collision damage, but also has to cover liabilities and damage from other events and incidents such as storms and vandalism.

 

An independent agent takes the time to understand your circumstances and risk profile and as such can tailor an auto insurance package to best match your risks and your budget.  In addition insurance companies often offer discounts and agents such as Able Auto & Cycle have access to these specials and can pass them on to you.

 

A professional agent will also balance your insurance risks and costs so that you are not underinsured but that also don’t pay more than is necessary. This way you will get the cheapest car insurance possible for your circumstances.

Auto Insurance in Asheville, Winston-Salem, and Elliot SC

Motor cycle and auto insurance that is right for you and your risk profile

Motor cycling is popular in North Carolina and for good reasons. Awesome scenery and fantastic bike routes and roads add the appeal of riding a motor cycle in areas such as Wilmington, Asheville, Sumter, Elliot and Winston-Salem.  When riding your bike it is always a good idea to take along motor cycle insurance from Able Auto and Cycle. This way you are covered in the event of an accident or mishap. In fact you and your ride are covered whether you are riding or not.

 

Whether you ride a motor cycle or drive a car, you must have some form of auto insurance.  Motor cycle and auto insurance is compulsory in the state of North Carolina and you don’t want to be pulled over by traffic police and be caught without it. Worse still you don’t want to be in a situation where your bike is damaged and you don’t have insurance to pay for it. Why take the risk when you can get affordable and reliable cover form Able and Auto.

 

When it comes to motor cycle insurance you want to know that your bike is covered for collision damage or damage as a result of other events. You also want to know that you are covered on the event of theft or vandalism. In addition you have to protect yourself in the event of a liability claim.

 

However there are always exceptions and exclusions and this is also the case with insurance, be it motor cycle insurance or auto insurance.  It is very important that you know and understand what is covered and what is not covered by your auto insurance policy. For example will you be covered if your car or bike is washed away in a flood or damaged as a result of force majeure?  Are such events a reasonable possibility in your area?

 

When you deal with a professional and independent agent you will get the right auto and motor cycle insurance for your needs and your risk profile.

Motorcylce Insurance

Choosing the right insurance policy is much like choosing the right motorcycle. You want it to fit your needs and lifestyle, but at the same time be within your budget. Although most states require you to carry a minimum amount of liability coverage, other types of coverage are usually optional. Always ask your insurance agent or company representative which laws apply in your state.

In order to find out what coverage is best for you, it is important to understand all the options available.

Liability coverage

Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. It doesn’t cover you or your motorcycle. Find out if your coverage includes Guest Passenger Liability, which provides protection in the event that a passenger is injured on the motorcycle. Whether or not this is included depends on the laws of your state and the company issuing the policy.

Collision coverage

Collision insurance covers damage to your motorcycle if you are involved in an accident. Your insurance company pays for damages, minus your deductible, caused when you collide with another vehicle or object. Collision insurance usually covers the book value of the motorcycle before the loss occurred.

Comprehensive coverage

Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. However, just like collision coverage, your insurance company will pay for damages, minus your deductible, and will cover only the book value of the motorcycle.

Keep in mind most comprehensive and collision coverages will only cover the factory standard parts on your motorcycle. If you decide to add on any optional accessories such as chrome parts, a custom paint job, trailers or sidecars, you should look into obtaining additional or optional equipment coverage.

Uninsured/underinsured motorist coverage

Uninsured/underinsured Motorist Coverage covers damages to you and your property caused by another driver who either doesn’t have insurance (uninsured) or doesn’t have adequate insurance (underinsured) to cover your damages.

This coverage typically pays for medical treatment, lost wages and other damages. If your uninsured/underinsured motorist coverage includes property damage, then your motorcycle would also be covered under the same circumstances. Check with your insurance professional to see if property damage is included or needs to be purchased separately.

Tips for the cost-conscious rider

Many factors can play a role in determining what your insurance costs will be such as your age, your driving record, where you live and the type of motorcycle you own, or being a graduate of a rider-training course.
Many companies offer discounts from 10 to 15 percent on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. Riders under the age of 25, usually considered a higher risk, may see some savings by taking this course. It’s also a good idea for cyclists who have already had accidents.
Maintaining a good driving record with no violations will also help reduce your premiums.
In many northern states, riders may save money by buying a “lay-up” policy. With a lay-up policy, all coverage except comprehensive is suspended during winter months.
Find out what discounts your insurance representative offers. Multibike discounts for those insuring more than one bike, organization discounts, if you’re a member of a motorcycle association, and mature rider discounts for experienced riders, are just a few possibilities. Discounts can range anywhere from 10 percent to 20 percent, depending on the company and your state. Availability and qualifications for discounts vary from company to company and state to state.
Keep in mind that the type, style (such as a sports bike vs. a cruiser) and age of the motorcycle, as well as the number of miles you drive a year and where you store your bike may also affect how much you pay for your premium.

Choose the agent or company that’s right for you. If you already have auto insurance, you can contact the same insurer. Otherwise, ask friends, relatives and co-workers where they bought their auto or motorcycle insurance. Your local motorcycle shop may have a company they refer customers to. Or you can check local motorcycle magazines and newspapers for insurance professionals advertising motorcycle insurance.

Courtesy of www.iii.org

Identity Theft Insurance

Identity theft is the act of taking someone’s personal information and using it to impersonate a victim, steal from bank accounts, establish phony insurance policies, open unauthorized credit cards or obtain unauthorized bank loans. In some more elaborate schemes, criminals use the stolen personal information to get a job, rent a home or take out a mortgage in the victim’s name.

Close to half of identity theft cases are the result of a lost or stolen wallet, checkbook, credit card or other physical document. But as online shopping becomes increasing popular, it can also pose an identity risk.

Victims of identity theft are often left with lower credit scores and spend months or even years getting credit records corrected. They frequently have difficulty getting credit, obtaining loans and even finding employment. Victims of identity theft fraud often travel a long and frustrating road to recovery; depending on the severity of the identity theft fraud damage, the recovery process can take anywhere from a few weeks to several years.

Most homeowners and renters policies provide coverage for theft of money or credit cards; however, the amount of coverage is limited (usually $200 in cash and $50 on credit cards). Once you have reported the loss or theft of your credit card to the issuing company, you are responsible for only $50 of unauthorized use.

Some companies now include coverage for identity theft as part of their homeowners insurance policy. Check your policy to find out. Others sell it as either a stand-alone policy or as an endorsement to a homeowners or renters insurance policy which can run about $25-$50 annually. Identity theft insurance provides reimbursement to crime victims for the cost of restoring their identity and repairing credit reports. It generally covers expenses such as phone bills, lost wages, notary and certified mailing costs, and sometimes attorney fees (with the prior consent of the insurer). Some companies also offer restoration or resolution services that will guide you through the process of recovering your identity.

Use of stolen credit card numbers is among the most common forms of identity theft, but some schemes use electronic means, including online scams like ‘phishing’, in which thieves use email inquiries purporting to be from financial or other online organizations, to obtain sensitive account information. Others might use more old-fashioned methods, such as ‘dumpster diving’—rooting around in people’s garbage to collect financial information.

Many credit card companies are now using radio-frequency identification (RFID) chips in their credit cards instead of magnetic stripes. The advantage is quicker, more efficient transactions, especially those carried out at traditionally cash only retail outlets, such as fast-food restaurants or convenience stores. However radio frequency identification may make it possible, in some cases, for identity thieves to use a simple electronic device to capture the information. The scariest part is that it can happen right in your presence, without you even knowing it.

Tips for Avoiding Identity Theft
Keep the amount of personal information in your purse or wallet to the bare minimum. Avoid carrying additional credit cards, your social security card or passport unless absolutely necessary.
Guard your credit card when making purchases. Shield your hand when using ATM machines or making long distance phone calls with phone cards. Don’t fall prey to “shoulder surfers” who may be nearby.
Always take credit card or ATM receipts. Don’t throw them into public trash containers, leave them on the counter or put them in your shopping bag where they can easily fall out or get stolen.
Do not give out personal information. Whether on the phone, through the mail or over the Internet, don’t give out any personal information unless you have initiated the contact or are sure you know who you are dealing with and that they have a secure line.
Proceed with caution when shopping online. Use only authenticated websites to conduct business online. Before submitting personal or financial information through a website, check for the locked padlock image on your browser’s status bar or look for “https://” (rather than http://) in your browser window. If you have any concerns about the authenticity of a Web page, contact the owner of the site to confirm the URL.
Be aware of phishing and pharming scams. In these scams, criminals use fake emails and websites to impersonate legitimate organizations. Exercise caution when opening emails and instant messages from unknown sources and never give out personal, financial or password related information via email.
Make sure you have firewall, anti-spyware and anti-virus programs installed on your computer. These programs should always be up to date.
Monitor your accounts. Don’t rely on your credit card company or bank to alert you of suspicious activity. Carefully monitor your bank and credit card statements to make sure all transactions are accurate. If you suspect a problem, contact your credit card company or bank immediately.
Order a copy of your credit report from each of the three major credit bureaus. A new law that took effect December 1, 2004, entitles you to one free credit report per year. Your credit report contains information on where you work and live, the credit accounts that have been opened in your name, how you pay your bills and whether you’ve been sued, arrested or filed for bankruptcy. Make sure it’s accurate and includes only those activities you’ve authorized.
Place passwords on your credit card, bank and phone accounts. Avoid using easily available information like your mother’s maiden name, your birth date, any part of your Social Security number or phone number, or any series of consecutive numbers. If you suspect a problem with your credit card, change your password.
Shred any documents containing personal information such as credit card numbers, bank statements, charge receipts or credit card applications, before disposing of them.

In order to make it more difficult for identity thieves to open accounts in your name, you can also contact the fraud department of any of the three credit reporting agencies to place a fraud alert on your credit report—by law, the agency you contact is required to contact the other two agencies. The fraud alert tells creditors to contact you before opening any new accounts or making any changes to your existing accounts. The three major credit bureaus are Equifax, TransUnion and Experian.

If you are the victim of a crime, report it to the credit card company and police immediately. Ask for a copy of the police report. You will need it if you want to file an insurance claim or report the crime to the FTC for their assistance. Victims of identity fraud can contact the FTC online or at 877-IDTHEFT.

Cheap Car Insurance in Asheville, Columbia, or Darlington

Take These 3 Steps To Find Good & Cheap Car Insurance

You only need to take 3 steps to find affordable car insurance in your area from Asheville, Columbia, Darlington, Elliot, Florence, Hartsville, Sumter, Wilmington, Winston Salem. Nowadays technology allows us to personalize our car insurance policies, determine the things that are most important to include in our policies, and surf the net for the best balance between needs and costs.

Fortunately for many people, getting cheap car insurance has become so easy that you don’t even have to leave the comfort of your home or office to get it.

Here’s how:

Step 1: Search for a trustworthy website that offers cheap car insurance

Now, there are lots of websites where you can find car insurance. But to get the best quotes, search for a website from a company in your area from Asheville, Columbia, Darlington, Elliot, Florence, Hartsville, Sumter, Wilmington, Winston Salem.

What does ‘trustworthy website’ mean? It means the website offers real contact information of the insurance company, has real client testimonials, and belongs to an accredited company.

Step 2: Complete the online car insurance questionnaire (bonus tips!)

Most websites will have an online questionnaire that you can complete to get a realistic car insurance quote. Complete the questionnaire and see which website gives you the best quote.

Bonus tip: The more detailed the questionnaire is, the more accurate the car insurance quote will be. Some of the areas the questionnaire should ask  you about are: Contact information, number of vehicles you own, current insurance information, use of your vehicles, safety of vehicles, and your coverage options.

Step 3: Get your car insurance quote in your inbox

Once you complete the questionnaire and submit it, you should receive a quote in your inbox within 24-48 hours. If appropriate, an insurance agent might contact you to offer more information on the cheap car insurance coverage option.

Of course, it is a good idea to meet an insurance agent face to face and discuss your cheap car insurance policy in detail. Or, if you can’t get a 1:1 meeting with the insurance agent, at least pick up the phone and give them a call. You might be surprised to find that they can give you an even better quote on car insurance than what you were offered on their website.

Motorcycle Insurance in Asheville, Wilmington or Winston Salem

Get The Motorcycle Insurance That’s Tailored To Your Bike

So you have a brand new, lovely motorcycle and can’t wait to take it out on the roads in Asheville, Columbia, Darlington, Elliot, Florence, Hartsville, Sumter, Wilmington, Winston Salem? Don’t hurry driving it; first, make sure you have the right motorcycle insurance for your awesome bike.

Just as your motorcycle is unique, you will need to find a motorcycle insurance policy that is fit to your needs. Of course, you can get a standard motorcycle insurance coverage, but this type of insurance does not guarantee you get the best coverage.

Common motorcycle insurance types

There are different types of motorcycles, therefore each model requires a different type of insurance. Here is a short list of the different types of motorcycles that you can insure with a personalized motorcycle insurance:

-          Touring and sport touring

-          Scooters and mopeds and trikes

-          Regular

-          Motocross and dirt bikes

-          Street sport motorcycles or high performance motorcycles

You can also get motorcycle insurance depending on how old your bike is. For example, there is a motorcycle insurance policy that is created specifically for bikes that are 25 years or older.

And if your bike does not fit in any of the categories mentioned above, don’t worry. You can always ask for a customized motorcycle insurance that covers for your bike and for the accessories it has.

Important motorcycle insurance considerations

Before you sing an insurance policy, there are a few things you need to take into account. Usually these things are small details, but as you know, it is the little details that make a difference: getting coverage for accessories, replacing damaged parts with original, new parts, and so on.

Another thing that could help you here is the amount of knowledge the insurance agent has about motorcycles. It may seem a bit odd to say it, but insurance agents who know how motorcycles work or who own a motorcycle themselves are more likely to understand your claims than someone who’s never worked, owned, or rode a bike.

Street Smarts: Four Key Steps to Take After A Car Accident

NEW YORK, November 6, 2014 — Knowing what to do if you are involved in an auto accident can save lives, reduce injuries and make the claims process simpler and easier, says the Insurance Information Institute (I.I.I.).

There are nearly 10 million auto accidents each year, according to the National Highway Traffic Safety Administration (NHTSA)—running the gamut from fender benders to fatal accidents. If you are involved in a crash, the I.I.I. recommends the following four steps.
1.Assess the damage. If possible, pull the car to the side of the road to a safe place to see if anyone is injured, and the extent of the damage to the vehicle.
2.Call the police or highway patrol, if you are in a serious accident. Let law enforcement know if anyone is hurt and report the extent of their injuries. The police will notify the nearest medical unit. If the police cannot come to the scene the car accident, you can head to the nearest police department (or their website) to file an incident report yourself. Having an official report can help if the other driver decides to sue for damages or medical injuries, or there is more damage to your car than initially thought. If the police do come to the accident scene, get the officers’ names and badge numbers and ask where you can get a copy of the report.
3.Collect as much information as possible. Get the names and contact information of everyone involved in the crash, including witnesses. Ask the driver (or drivers if you are involved in a multi-car accident) for their license, car registration and insurance ID card. Get the make and model of the cars involved. Lastly, make note of the location of the accident, time of day and the weather conditions. You can use your smart phone or other device to document this information, as well as the accident itself, but it’s also a good idea to always keep a pad of paper/pen in your glove compartment. It may not be high-tech, but it is an easy way to record important information. When talking to others, keep to the facts. Do not discuss who was at fault, or how much insurance you have, with other drivers.
4.Get the claims process started. Notify your insurance agent of the accident as soon as possible—the longer you wait, the harder it will be to remember the details. Many insurance companies now use mobile apps to start the claims process. These apps allow you to report and check the status of a claim, upload photos, check your deductible, schedule an appraisal, reserve a rental car and request reimbursements for towing and glass claims. Some apps even allow you to notify the insurance adjuster what happened by visually re-creating the events and circumstances of your car accident. When working with your insurance company, make sure that you get the name, title and contact information of everyone you speak with. You will likely also receive claim forms to fill out. Make sure that you do this as soon, and as accurately, as possible. If you have any questions, don’t be afraid to ask the claims adjuster for assistance. Your insurance company wants your claims experience to be as pleasant and efficient as possible.

Keep a file of all of your notes and any claim forms. Quite simply, the more organized you are, the simpler and easier the claims process will be.

Automobile insurance tailored to your needs in Wilmington

Vehicle ownership carries risks and responsibilities. The risks include things like collisions, theft, storm damage and vandalism.  Responsibilities include safety considerations, rules of the road as well as liabilities and related to these, automobile insurance.  Car and vehicle insurance is designed to cover your financial losses in the event of damage or loss to yourself or to the 3rd parties.

Able Auto & Cycle are insurance specialist serving the communities and businesses of Asheville, Columbia, Darlington, Elliot, Florence, Hartsville, Sumter, Wilmington and Winston Salem.

In order to cover your risks and responsibilities you need automobile insurance tailored to your needs. One the one side you don’t want to pay more than you should for car insurance. On the other hand you don’t want to be underinsured, or worse have no automobile insurance at all.  In fact it is against the law not to have liability insurance when you own or drive a motor vehicle.

If you are in an accident as a result of which another person is injured or suffers loss you can be sure you will have a liability case brought against you. Liability cases can run into hundreds of thousands of dollars, if not more, so you want to be sure you are covered for such an event.

Another big risk is that of a collision. Even a fender bender can be costly.  Collision insurance is a separate policy or clause in a contract. The same applies to theft.  You need to be sure you are covered for your real risks.

Each person has different circumstances. Maybe you are not the only driver of your vehicle or perhaps you own more than one vehicle. All these things have to be considered when selecting the right automobile policy for your needs. That is why it is a good idea to discuss your insurance needs with a qualified agent.

Cycle insurance in Wilmington or Winston Salem

North Carolina has much to offer motor cycle enthusiasts. The twists and turns of the roads in the Blue Ridge Mountains and the scenic views of the Black Mountain Rag are just a few examples. However before you take to your bike be sure to have good and solid cycle insurance that you can take along for the ride. Motorbike accidents can be horrendous and costly and it simply not worth the risk of going riding without adequate coverage. Motorcycle insurance is not expensive and it makes little sense to take a huge risk when affordable options are readily availabale.

If you need affordable cycle insurance in Asheville, Columbia, Darlington, Elliot, Florence, Hartsville, Sumter, Wilmington or Winston Salem, you should speak to one if the friendly agents at  Able Auto and Cycle. They can arrange cost effective motor cycle insurance that will not only cover your bike, but your liabilities as well.

As with auto insurance, there are minimum legal requirements for cycle insurance in North Carolina. This minimum level of motor cycle insurance provides coverage for bodily injuries, death as well as property damage. However effective cycle insurance should also cover you for damage to your bike. This will be in the form of collision insurance. However there are also other risks and incidents that can result in substantial damage or loss. These include the risks of fire, theft, vandalism, storm damage and so on. Comprehensive motor cycle insurance will cover you for these types of risks. You can also include optional cover for medical payments, labor and towing.

A traffic officer has the right to stop you and request proof of insurance when you own or drive a motor bike. So get the proper cycle insurance and avoid the possibilities of fines and suspensions. More importantly you will have peace of mind knowing you are covered in the event of something more serious such as an accident or collision.

Self-Driving Cars and Insurance

THE TOPIC

Each new generation of cars is equipped with more automated features and crash avoidance technology. Indeed, many of today’s high-end cars and some mid-priced ones already have options, such as blind-spot monitoring, forward-collision warnings and lane-departure warnings. These will be the components of tomorrow’s fully automated vehicles. At least one car manufacturer has promised to have fully automated cars available by the end of the decade.

Except that the number of crashes will be greatly reduced, the insurance aspects of this gradual transformation are at present unclear. However, as crash avoidance technology gradually becomes standard equipment, insurers will be able to better determine the extent to which these various components reduce the frequency and cost of accidents. They will also be able to determine whether the accidents that do occur lead to a higher percentage of product liability claims, as claimants blame the manufacturer or suppliers for what went wrong rather than their own behavior. Liability laws might evolve to ensure autonomous vehicle technology advances are not brought to a halt.

RECENT DEVELOPMENTS
General Motors will offer a super cruise system with hands-free automated driving on freeways that have proper lane markings by 2016. However, drivers will have to be ready to take over control of the vehicle and cars will be fitted with a device designed to alert the driver to pay attention even during highway driving. Toyota said it plans to offer crash-avoidance technology in Toyota and Lexus models by 2017. Daimler is now offering a system on certain models that allows a car to brake, accelerate and remain in its lane without human intervention at speeds of under 16 miles an hour.
Google, the company that has been the public face of self-driving cars in the United States for the past few years, announced in May 2014 that it is building a fleet of vehicles without a steering wheel or role for a driver because its technology has not been able to successfully switch control back and forth from automated driving to the driver in an emergency and does not expect to be able to accomplish that soon. The prototype will have a top speed of 25 mph and will be summoned by a smartphone, in effect serving as an automated taxi service. Other companies building autonomous cars said that they will continue to work on vehicles that will be able to safely make that switch. Volvo says that it expects to have its cars tested on city streets by ordinary drivers by 2017. However, experts say the size and the cost of the sensors powered by lasers used to steer the driverless cars must be reduced before such cars can be put into mass production.
A survey by IEEE, a technical professional organization dedicated to advancing technology for humanity, of more than 200 experts in the field of autonomous vehicles found that of six possible roadblocks to the mass adoption of driverless, these three were ranked as the biggest obstacles: legal liability, policymakers and consumer acceptance. Cost, infrastructure and technology were seen as less of a problem. When respondents were asked to specify the year in which some of today’s commonplace equipment will be removed from mass-produced cars, the majority said that rear view mirrors, horns and emergency brakes will be removed by 2030, and steering wheels and gas/brake pedals will follow by 2035.
In February 2014 federal agencies approved vehicle-to-vehicle (V2V) communications systems that will allow cars to “talk” to each other so that they know where other vehicles are and can compensate for a driver’s inability to make the right crash avoidance decisions because of blind spots or fast moving vehicles. V2V communication uses a very short range radio network that, in effect, provides a 360-degree view of other vehicles in close proximity. The Department of Transportation estimates that safety systems using V2V communications will be able to prevent 76 percent of crashes on the roadway.
At the end of 2013 Michigan joined California, Florida, Nevada and the District of Columbia as jurisdictions that allow the testing of autonomous vehicles on public roads. Under the Michigan law, drivers of such vehicles must remain in the driver’s seat at all times while the vehicle is on the road so that they can take over in the event the technology fails or there is an emergency. In California, the Association of California Insurance Companies is advocating “for changes clarifying that the autonomous vehicle’s manufacturer retain all liability for damage, losses or injuries caused by the operation of these vehicles as required by the enabling law (SB 1298),” according to Property Casualty Insurer’s Association of America. Other states have considered such proposals. The U.S. Department of Transportation lets states allow limited testing of autonomous vehicles but not sales.
A study of the benefits self-driving vehicles by the RAND Corporation, released in early 2014, includes discussion of liability insurance options. It suggests that the concept behind no-fault auto insurance laws might become an attractive alternative to tort-based laws as the use of automated vehicles becomes more widespread. The study, “Autonomous Vehicle Technology: A Guide for Policymakers,” also discusses the possibility that product liability cases against manufacturers may inhibit the development of such technology, in which case, the study suggests, laws that incorporate some level of cost-benefit analysis may be adopted, based on the notion that the technology is more likely to reduce human error than to cause it.
Preliminary results from a study by Ron Actuarial Intelligence conducted for Israel’s ministry of finance found that collision avoidance systems in private cars resulted in a 45 percent reduction in bodily injury insurance claims. Using data from auto insurance policies issued between 2009 and 2012, the analysis separated out the influence of forward-collision warnings and lane-departure warnings from the impact of all other factors related to bodily injury claims frequency. The report says that the effect of such crash-avoidance systems on the seriousness or severity of claims is not yet clear.

BACKGROUND

Self-driving cars are definitely on the way, but it may be some time before we are all being conveyed by fully automated vehicles.

Most accidents are caused by human error so if this factor can be minimized by taking control of the moving vehicle away from the driver, the accident rate should tumble. Data from the Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI) already show a reduction in property damage liability and collision claims for cars equipped with forward-collision warning systems, especially those with automatic braking. The exact percentage varied depending on the car manufacturer.

Among the major automakers testing self-driving cars are Audi, Ford, Mercedes, Nissan, Toyota and Volvo. The cars have some ability to travel without the driver intervening but only in certain situations, such as low speed stop-and-go highway traffic. Slow speeds give the car’s computers more time to process information and react.

Experts vary as to when the changeover to self-driving cars will occur. A transport scholar at the University of Minnesota believes that by 2030 every car on the road will be driverless. Driverless shuttles are already being tested on some university campuses in Europe.

An automotive study by IHS, a global information company, titled “Emerging Technologies: Autonomous Cars—Not If But When” forecasts that self-driving cars that include driver control will be on highways around the globe before 2025 and self-driving “only” cars by 2030. Nearly all of the vehicles in use are likely to be self-driving cars or self-driving commercial vehicles sometime after 2050, it says. The study notes two major technology risks, software reliability and cyber-security.

We do not yet know how the driving public will react to the vehicles that come on the market. For most drivers there will be a steady progression from a minimally or semi-automated car to the next level. A Status Report from HLDI suggests that it could take as long as three decades for 95 percent of all registered cars to be equipped with crash avoidance systems. Forward-collision warning systems have been available since 2000, HLDI says, and if they follow their current trajectory, they will not be available in most cars until 2049.

In addition, some people who enjoy driving and do not want control to be taken from them may resist the move to complete automation. Already there are some who say they refrain from using the cruise control feature because they prefer to maintain control themselves.

The risk of an accident is unlikely to be completely removed since events are not totally predictable and automated systems can fail. In addition, the transition from hands-off driving to hands-on promises to be tricky.

The need for drivers to control the car in an emergency is fraught with questions, not just those involved in the automotive technology. What kind of training will people need to safely handle these semi-autonomous vehicles? How well prepared will drivers be to handle emergencies when the technology returns control to the driver? How will beginning drivers gain the necessary experience and how will experienced drivers stay sharp enough when they are only infrequently called upon to react?

Autonomous cars have been compared to airplanes on auto-pilot. But while a pilot and a driver both need to be able to make split-second decisions, there are likely to be fewer times when this skill is called upon in a plane than in a car and, in addition, the pilot is highly trained in how to interact with the automated system.

The Impact on Insurance

Some aspects of insurance will be impacted as autonomous cars become the norm. There will still be a need for liability coverage, but over time the coverage could change, as suggested by the 2014 RAND study on autonomous vehicles, as manufacturers and suppliers and possibly even municipalities are called upon to take responsibility for what went wrong. RAND says that product liability might incorporate the concept of cost benefit analysis to mitigate the cost to manufacturers of claims. Coverage for physical damage due to a crash and for losses not caused by crashes but by wind, floods and other natural elements and by theft (comprehensive coverage) is less likely to change but may become cheaper if the potentially higher costs to repair or replace damaged vehicles is more than offset by the lower accident frequency rate. The number of vehicle-related workers compensation claims, now responsible for a large but decreasing portion of claim costs according to the National Council on Compensation Insurance, should continue to drop as will the share of healthcare and disability insurance costs related to auto accidents.

Regulation: Insurance is state-regulated. Each jurisdiction has its own set of rules and regulations for auto insurance (and so far for self-driving cars). Basically, there are two kinds of liability systems. In some states liability is based on the no-fault concept, where insurers pay the injured party regardless of fault, and in others it is based on the tort system. But there are many important differences among the states in the regulations that now exist within each category, see report on No-Fault Auto Insurance. Will the auto insurance system change to be more uniform with the arrival of self-driving vehicles and will the federal government play a larger role? If car manufacturers are required to accept more responsibility for damage and injuries, they might push for a greater role for the federal government to eliminate some of the cost of complying with the rules of 51 jurisdictions.

Underwriting: Initially, many of the traditional underwriting criteria, such as the number and kind of accidents an applicant has had, the miles he or she expects to drive and where the car is garaged, will still apply, but the make, model and style of car may assume a greater importance. The implications of where a car is garaged and driven might be different if there are areas set aside, such as dedicated lanes, for automated driving.

During the transition to wholly autonomous driving, insurers may try to rely more on telematics devices, known as “black boxes,” that monitor driver activity. Some drivers may object to them based on concerns about privacy. Usage-based insurance policies, which depend on data about the driver’s behavior submitted by an electronic device in the driver’s car, have attracted a smaller than expected percentage of the driving population, possibly because people do not want to be monitored. According to the National Association of Insurance Commissioners, use of telematics is forecast to grow to up to 20 percent within the next five years.

Liability: As cars are become increasingly automated the onus might be on the manufacturer to prove it was not responsible for what happened in the event of a crash. The liability issue may evolve so that lawsuit concerns do not drive manufacturers and their suppliers out of business

RAND has suggested some kind of no-fault auto insurance system. Others foresee something akin to the National Childhood Vaccine Injury Act, a no-fault compensation program for vaccine recipients who suffer a serious adverse reaction when vaccinated. The legislation was passed in 1986 in response to the threat that life-saving vaccines might become scarce or even unavailable if manufacturers, overwhelmed by claims of injury, scaled back or terminated production.

Repair Costs: While the number of accidents is expected to drop significantly as more crash avoidance features are incorporated into vehicles, the cost of replacing damaged parts is likely to increase because of the complexity of the components. It is not yet clear whether the reduction in the frequency of crashes will lead to a reduction in the cost of crashes overall.

Automobile ownership appears to be on the decline, and more people in urban areas are opting for public transportation and shared rides. Some people wonder whether when all vehicles are self-driving anyone will actually own a car. Cars may belong to a company, municipality or other group and may be parked away from the center of the community in a location from which they can be summoned by phone.

A study by the University of Texas at Austin of how the advent of autonomous cars may change vehicle ownership found that each shared autonomous vehicle (SAV) replaced about 11 conventional vehicles. The study assumed that only 5 percent of trips would be made by SAVs.

© Insurance Information Institute, Inc. – ALL RIGHTS RESERVED

Car insurance pricing for the cheapest car insurance in Asheville, Darlington, Elliott, Hartsville and Winston Salem

Cheapest car insurance premiums

At the beginning of the year the insurance industry was once again hit by a new price drop; car insurance prices have gone so low that car owners and drivers can now easily get their hands on the cheapest car insurance and still enjoy noticeable coverage.

If you are from Sumter, Wilmington or Columbia it may not help you to know that car insurance and premiums are at a low.

So what does this mean for you?

It means that if this is happening in the UK, it may also affect the insurance market in the US. And being the fourth year in a row when car insurance prices are dropping in the US, maybe the next time you renew your insurance policy, you may be pleasantly surprised to see it costs less than the last time.

Why is this happening and why are car insurance prices dropping in the US?

There are more and more insurance companies on the market, which means that competition between these companies is high. This can only be good news to the average driver who is in search for insurance. Nonetheless, deciding to stick with your current insurer is not the best deal you can make.

But in the US the situation is more or less the same: competition between insurance agencies is acerb. The entire country can, therefore, benefit from cheapest car insurance policies. The secret lies in knowing where to look for car insurance.

The problem with most people is they stop searching for the best deals because they think there are no best deals out there. Just because you found an insurance agency with OK prices it doesn’t necessarily mean these prices are the lowest you can get.

And just because the UK prices are dropping year after year, it doesn’t necessarily mean the trend will follow in the US. Car insurance pricing for the cheapest car insurance in Asheville, Darlington, Elliott, Hartsville and Winston Salem Drivers are keeping their fingers crossed, but you should also stay alert for the best insurance offers out there.

Insurance and DUI Insurance in Winston Salem, Wilmington and Asheville

The DUI Insurance Survival Guide

A DUI affects car insurance premiums because your driving record is a strong indicator of the ‘risks’ you pose for your insurance agency. If you are looking to get a DUI insurance in Wilmington, Winston-Salem, Asheville then read this article until the end to find out the basics of a DUI insurance “survival”.

A DUI is a person who is driving under Influence. This can mean you are driving under the influence of alcohol or other substances. Either way, that person is considered a high risk driving, therefore their DUI insurance is affected.

How does the DUI impact your insurance premium?

Well, first of all, your driver’s license is suspended for up to 4 months, but you can get up to 1 year suspension if your record says you had prior convictions. While you can get a restricted driver’s license after you are arrested for DUI, you will probably not get away without a fine, attendance at DUI education or community service.

After the DUI you will be required to get the SR-22 insurance. This insurance represents proof of financial responsibility and it is required that you have it before you are allowed to drive again.

Keep in mind that most insurance companies do not insure SR-22 clients because they are considered high-risk clients. But you still can find reliable insurance companies which accept SR-22 drivers; keep in mind that even so, a lot of these companies will charge you more for your insurance.

“How much?” you may be asking. Well, insurance rates are usually determined by various factors, such as: age, location, driving experience, marital status. Their price is also influenced by your driving history. If you are a DUI driver, then expect that insurance rates prices will grow some 30-40% for you as compared with a ‘safe driver’.

Need Motorcycle Insurance or Auto Insurance in Wilmington, Asheville and Winston Salem

Affordable motorcycle insurance to cover you and your ride

There are many good reasons to own a motor bike if you live in Sumter, Wilmington or Columbia. North Carolina is home to some of the most sought-after and scenic motorcycle routes and rides such as those on the Blue Ridge Mountains. However when you own a bike you also need affordable motorcycle insurance to protect your ride against the many perils that lurk on the roads and off the roads.

Able Auto & Cycle are your insurance experts in North and South Carolina. They can arrange affordable motorcycle insurance that won’t let you down when the wheels come off.  It does not matter whether you own a Harley Davidson in Sumter, a Suzuki in Wilmington or a Yamaha in Columbia. They can find the best motorbike insurance rates and discounts to protect you and your ride.

Motorcycle insurance should not only protect your bike but also cover you for liabilities and injuries. So whether you are planning to ride along Myrtle Beach in South Carolina or the Blue Ridge Mountain routes in North Carolina, be sure to take coverage from Able Auto and Cycle along for the ride. Need Motorcycle Insurance or Auto Insurance in Wilmington, Asheville or Winston Salem.

Accidents, calamities and mishaps happen and they can cost you more than an arm and a leg if don’t have the right coverage. Just as you will take care to wear a helmet and eye protection, you should take care to carry the right motorcycle insurance.

The right insurance will cover you for bodily injury, bike damage, property damage as well as third party claims. The cost of your cycle insurance will be influenced by factors such as the type of bike, your driving habits, your riding record, your age and related factors.  Your insurance advisor can also assist you with the best balance of deductibles and limits so as to maximize your coverage and minimise your costs.

Cheap Car Insurance or Inexpensive Car Insurance That Will Actually Help You in Asheville, Wilmington and Winston Salem

Factors that help you get cheap car Insurance

Everybody wants a good deal and cheap car insurance sounds like one. Cheap car insurance is available for people in Elliot, Winston-Salem, Asheville, Darlington or Sumter. All you have to do is consult with Able Auto & Cycle, your cycle and car insurance specialists.

There are many insurance carriers across the state and the nation and they all offer different auto insurance solutions. Since an independent agent such as Able Auto & Cycle has direct access to the plans, they can select one that best matches your needs and circumstances.

There are also things that you as vehicle owner and driver can do to obtain cheaper car and auto insurance. Apart from specials and other promotional offers that carriers may run from time to time, they all consider the risk when deciding how much to charge for your car insurance; the lower the perceived risk, the lower the premiums.

For example if you have maintained a good driving record you will qualify for lower car insurance premiums. The kind of car you drive will also have an impact on the cost. Insurance companies are good at keeping record regarding past claims and if a certain type of car has a higher incidence of claims, it will be regarded as a higher risk vehicle.  Your driving patterns will also affect the amount you pay. If you use your car every day to visit clients and have to park in potentially unsafe areas your risk will be higher. There are other factors as well such as anti-theft devices, where you live, whether your car is parked in a garage and so on. Even your credit rating can affect your car insurance payments. There is also the trade-off between deductibles and premiums.

So if you want real cheap car insurance you need a professional agent to find you the best deal. Cheap Car Insurance or Inexpensive Car Insurance That Will Actually Help You in Asheville, Wilmington and Winston Salem. You also need to ensure your agent is aware of all the positive factors that can help reduce your car insurance payments.

 

 

Auto Insurance & Car Insurance in Darlington, Elliott, Winston Salem, Sumter, Hartsville, Columbia and Asheville

Expert Auto insurance or DIY car insurance?

If you are looking for auto insurance in Wilmington, Winston-Salem or Asheville you should consult with a recommended and accredited agent such as Able Auto & Cycle. You can of course try and arrange your own car insurance if that is how you like to spend your time. You can search web sites, request online quotes and settle for an auto insurance package you think fits the bill.

But chances are good you don’t really know much about car insurance. Does your car insurance provide you with sufficient liability cover? Does your car insurance cover you for theft, collision damage, emergency response, alternative transport, emergency car rental and so on? What if you are not the only driver of your vehicle? What if you travel out of state? What if a flood washes your car away? What about Force Majeure?

Apart from these things you need to consider if you are paying a fair price form your auto insurance. Did you get a discount for having a good driving record, or for having positive driving habits or due to the fact that your car is fitted with anti-theft devices? Perhaps you live in a safe area where collisions, theft and other misfortunes are the exception. Does your insurance policy take into account that you have a good credit record and your profile is a low risk one?

Does your vehicle insurance plan cover your additional vehicles and if so did you get a multi-policy discount? Do you have the right balance between premiums and deductibles?

Well you can spend your time scanning quotes and trying to figure it all out – and hopefully you won’t make any costly mistakes. Or you could do something more interesting with your time and leave it up to the insurance experts to source you best value car and auto insurance tailored to your needs.

Distracted Driver

Activities that take drivers’ attention off the road, including talking or texting on cellphones, eating, conversing with passengers and other distractions, are a major safety threat. The National Highway Traffic Safety Administration (NHTSA) gauges distracted driving by collecting data on “distraction-affected crashes,” which focuses on distractions that are most likely to affect crash involvement such as dialing a cellphone or texting and being distracted by another person or an outside event. In 2012, 3,328 people were killed in distraction-affected crashes and 421,000 people were injured. In 2012, there were 3,050 distraction-affected fatal crashes, about the same as the 3,047 that occurred in 2011. The 3,050 distraction-affected fatal crashes in 2012 accounted for 10 percent of all fatal crashes in the nation, 18 percent of injury crashes and 16 percent of all motor vehicle crashes.

FATAL CRASHES AFFECTED BY DISTRACTED DRIVERS, 2012

Crashes

Drivers

Fatalities

Total fatal crashes 30,800 45,337 33,561
Distracted-affected (D-A) fatal crashes
Number 3,050 3,119 3,328
Percent of total fatal crashes 10% 7% 10%
Cellphone in use in D-A fatal crashes
Number 378 394 415
Percent of fatal D-A crashes 12% 13% 12%

Source: U.S. Department of Transportation, National Highway Traffic Safety Administration.

View Archived Tables

NHTSA says that in 2012, 12 percent of distraction-affected crashes occurred while a cell phone was in use, the same proportion as in 2011. The chart below shows driver hand-held phone use by age.

DRIVER HAND-HELD CELLPHONE USE BY AGE, 2004-2012

driv_hand_held_cell_use_by_age_04-12.gif

Source: U.S. Department of Transportation, National Highway Traffic Safety Administration.

View Archived Graphs

NHTSA’s website, Distraction.gov has more information on distracted driving. “It Can Wait”, a public awareness campaign funded by four by wireless carriers, provides resources on the dangers of distracted driving, including “From One Second to the Next”, a film by director Werner Herzog profiling the victims of distracted driving.

Courtesy of www.iii.org

Car Insurance for Asheville, Elliot, Darlington, and Hartsville Auto Insurance

Automobile or auto insurance that is affordable and tailored to your needs

If own a car you need automobile insurance even if it is the minimum level of auto insurance required by law. If you reside in Asheville, Sumter, Darlington, Elliott, Winston- Salem or some other town in North Carolina you are legally obliged to have coverage for car accidents. This means you must be able to cover the costs involved with damage to property as well as the costs related to injuries. You also need coverage in the event that you are involved in accident with an uninsured motorist. So unless you are super rich you will need auto insurance.

Unfortunately automobile insurance is rather difficult to understand. This is due to the many options, terms and conditions as well as the legal jargon that sprinkled inside the policy text. That is one reason why it is a good idea to consult with an auto insurance specialist such as Able Auto & Cycle.

An auto insurance expert knows where and how to find the best car insurance for your needs and circumstances.  They also know which types of auto insurance coverage will best protect your financial and legal interests. For example you will need cover for liabilities and collision damage. But there are other risks such as auto theft, vandalism, storms, break downs and more.

For example comprehensive automobile insurance will cover you for non-collision related damages. Then you also have to consider other scenarios and possibilities. What about multiple drivers? What if you own more than one vehicle? What about other types of vehicles such as motor cycles, boats and snowmobiles? What if your car is severely damaged or written-off?  Do you have coverage for temporary car rental? What about towing and recovery services?

There is nothing simple about automobile or auto insurance. Professional help from an independent agent is the best way to ensure you get affordable automobile insurance tailored to your needs and your budget.

Renters Insurance Checklist

If you rent a house or apartment, your landlord’s insurance will only cover the costs of repairing the building if there is a fire or other disaster. You need your own coverage, known as renters or tenants insurance in order to financially protect yourself and your belongings.

Renters insurance includes three important types of financial protection:
Coverage for Personal Possessions
Liability Protection
Additional Living Expenses

The following checklist can help you choose the right coverage when you are shopping around for renters insurance or speaking with your insurance professional.

A. Coverage for Personal Possessions
1.How much insurance should I buy? Make sure you have enough insurance to replace all of your personal possessions in the event of a burglary, fire or other covered disaster.The easiest way to determine the value of all your personal possessions—including furniture, clothing, electronics, appliances, kitchen utensils and even linens—is to create a home inventory. This is a detailed list of all of your personal possessions along with their estimated value. An up-to-date home inventory will also make filing an insurance claim faster and easier.
The Insurance Information Institute offers free Web-based home inventory software, available at www.knowyourstuff.org.
2.Should I get replacement cost or actual cash value coverage? An actual cash value policy pays to replace your possessions minus a deduction for depreciation whereas a replacement cost policy will pay the cost of replacing your possessions without accounting for depreciation. The price of replacement cost coverage is about 10 percent more but can be well worth the extra expense as the value of most items tends to depreciate quickly.
3.What disasters are—and are not—covered? Renters insurance covers you against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm and certain types of water damage (such as when the tenant upstairs leaves the water running in the bathtub and floods out your apartment or a burst pipe). Most renters insurance policies, however, do not cover floods. Flood coverage is available from the federal government’s National Flood Insurance Program (888-379-9531, www.floodsmart.gov) and from a few private insurers. You can get this coverage from the same agent or company representative who sold you the renters insurance policy. Earthquakes are not covered either. You can either get a separate policy or have it added as an “endorsement” to your renters policy, depending on where you live.
4.What is my deductible, and how does it work? A deductible is an amount of money you pay out-of-pocket before the insurance coverage kicks in. Deductibles are available as a specified dollar amount, typically $500, $1000 or $2000, though higher deductibles are available. The larger the deductible, the lower the premium charged for the same amount of coverage, so if you can afford a deductible of at least $1,000, you may get as much as 25 percent off your premium. Remember though, that you will be responsible for paying the deductible each time you file a claim.
5.What is a “floater” and do I need one? If you have expensive jewelry, furs, sports or musical equipment, or collectibles, consider adding a floater to your policy. Most standard renters policies offer only a limited dollar amount for such items; a floater is a separate policy that provides additional insurance for your valuables and covers them if they are accidentally lost. You will need to present receipts and/or appraisals for the items covered by the floater. It is important that expensive items be appraised properly as you will pay a premium based on the appraised value and in the event of a claim, be compensated for this dollar amount. You can ask your insurer to recommend a reputable appraiser. For some items, like laptop computers, a stand-alone policy may also be an option. Check your renters policy first to see whether your laptop is covered and what the deductible is.

B. Liability Protection
1.Do I have enough liability insurance in the event someone sues me? Renters insurance provides liability protection that covers you against lawsuits for bodily injury or property damage done by you, your family members and even your pets. This coverage pays for both the cost of defending you in court and court awards—up to the limit of your policy. Most standard renters insurance policies will generally provide at least $100,000 of liability coverage, but additional amounts are available. Consider whether the amount of liability coverage provided by your policy is sufficient to protect your assets.
Did you know you also have no-fault medical coverage as part of the liability protection provided by your renters policy? This coverage is only for injuries sustained by others and is not a substitute for your own health insurance. Medical payments coverage allows someone who gets injured on your property to simply submit his or her medical bills directly to your insurance company so the bills can be paid without resorting to a lawsuit. Most policies include about $1,000 to $5,000 worth of this coverage.
2.Do I need an umbrella liability policy? If you need a large amount of liability protection, you can purchase a personal umbrella liability policy. An umbrella policy kicks in when you reach the limit on the underlying liability coverage provided by your renters or auto policy. It will also cover you for things such as libel and slander. For about $150 to $300 per year, you can buy a $1 million personal umbrella liability policy. The next million will cost about $75 and $50 for every million after that. Because the personal umbrella policy goes into effect after the underlying coverage is exhausted, there are certain limits that usually must be met in order to purchase this coverage. Most insurers will want you to have about $250,000 of liability insurance on your auto policy and $300,000 of liability insurance on your renters policy before selling you an umbrella liability policy for $1 million of additional coverage.

C. Additional Living Expenses

1.If I can’t live in my home after a disaster, will I be covered? If your home is destroyed by a disaster that your policy covers and you need to live elsewhere, renters insurance provides additional living expenses (ALE). ALE pays for hotel bills, temporary rentals, restaurant meals and other expenses you incur while your home is being repaired or rebuilt. It is important to know out how much coverage you have, and what the limits are. Some companies provide coverage for a set amount of time, while others have a financial cap.

D. Other Coverages
1.I run a business out of my home; do I need supplemental coverage? A typical homeowners or renters policy provides only $2,500 coverage for business equipment which is generally not enough to replace all of the equipment required by even a small home business. You may also need coverage for liability and lost income. Insurance companies differ considerably in the types of business coverages they offer. Some may meet the specific needs of your business, while others may not. So it is wise to shop around for coverage options as well as price.
2.Am I covered if I am traveling or away from home? Most renters polices include what is called off-premises coverage. This means that belongings that are outside of your home are covered against the same disasters listed in your policy. For example, property stolen from your car would be covered. However some companies may limit the amount of off-premises theft to 10 percent of the amount of personal possessions insurance. If you think you need additional off-premises theft coverage—for example if you travel a lot—shop around for a policy that has the insurance protection you need.

E. Discounts

Insurance companies often offer discounts on renters insurance if you have another policy with them for your car or business. You can also get discounts if you:
Have a security system
Use smoke detectors
Use deadbolt locks
Have good credit
Have multiple policies
Stay with the same insurer
Are over 55 years old

Companies offer several types of discounts, but these can vary widely by company and by state, so review your options carefully. Also, some employers and professional associations administer group insurance programs that may offer a better deal than you can get elsewhere.

Courtesy of www.iii.org

Why Should You Buy Life Insurance?

Many financial experts consider life insurance to be the cornerstone of sound financial planning. It can be an important tool in the following situations:
1.Replace income for dependents
If people depend on your income, life insurance can replace that income for them if you die. The most commonly recognized case of this is parents with young children. However, it can also apply to couples in which the survivor would be financially stricken by the income lost through the death of a partner, and to dependent adults, such as parents, siblings or adult children who continue to rely on you financially. Insurance to replace your income can be especially useful if the government- or employer-sponsored benefits of your surviving spouse or domestic partner will be reduced after your death.
2.Pay final expenses
Life insurance can pay your funeral and burial costs, probate and other estate administration costs, debts and medical expenses not covered by health insurance.
3.Create an inheritance for your heirs
Even if you have no other assets to pass to your heirs, you can create an inheritance by buying a life insurance policy and naming them as beneficiaries.
4.Pay federal “death” taxes and state “death” taxes
Life insurance benefits can pay estate taxes so that your heirs will not have to liquidate other assets or take a smaller inheritance. Changes in the federal “death” tax rules between now and January 1, 2011 will likely lessen the impact of this tax on some people, but some states are offsetting those federal decreases with increases in their state-level “death” taxes.
5.Make significant charitable contributions
By making a charity the beneficiary of your life insurance, you can make a much larger contribution than if you donated the cash equivalent of the policy’s premiums.
6.Create a source of savings
Some types of life insurance create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn on the owner’s request. Since most people make paying their life insurance policy premiums a high priority, buying a cash-value type policy can create a kind of “forced” savings plan. Furthermore, the interest credited is tax deferred (and tax exempt if the money is paid as a death claim).

courtesy of www.iii.org

Tax Deductions for Unreimbursed Losses

The U.S. tax code allows unreimbursed property/casualty losses to be included among itemized deductions. So if your home, car or boat is damaged or destroyed by a windstorm, fire, flood, vandalism or other sudden and unexpected disaster, and it was not entirely covered by your insurance, you may be able to deduct a portion of the loss on your federal income tax return.

To qualify for the deduction, these losses usually need to be substantial. If you were significantly underinsured or had a large catastrophe deductible, you may have a sizable unreimbursed casualty loss.

Generally, an unreimbursed loss can be deducted to the extent it exceeds 10 percent of a homeowner’s adjusted gross income, less $100. If a property is used in a trade or business, slightly different rules may apply, so it is important to seek assistance from a qualified tax preparer.

To determine whether you qualify for the deduction, you will first need to substantiate your property loss, so be sure to collect all receipts, insurance statements and any available police reports or other documentation to present to your tax preparer.

In regions where there has been a federally declared disaster, the deduction can either be filed for the year in which the disaster occurred or for the year immediately preceding the year the disaster occurred.

For more information, review the Casualty, Disaster and Theft Losses (including Federally Declared Disaster Areas) section of the Internal Revenue Service’s (IRS) website.

Automobile Insurance and Auto Insurance in Asheville, Winston Salem and Wilmington

Your automobile or auto insurance is influenced by many factors

Whether you call it automobile insurance in Wilmington or auto insurance in Winston-Salem or car insurance in Asheville is not important. What is important is to have the right auto insurance for your personal or commercial needs. Everyone’s situation is different and there is no effective one fits all car or automobile insurance policy.

Your auto insurance and the cost thereof is influenced by a variety of factors, such as the type of car you drive, where you live, your past traffic offences, your current driving habits, your age and even your gender. Positive factors relate into cheaper car insurance. However you also need you automobile insurance to be reliable and that also means you need to be covered for real risks. It is not really enough to only carry the legal amount of car insurance required by state law. That will cover you or a 3rd party for personal injuries, nut not much more.

Every driver and vehicle owner faces risks on and off the road. A collision usually results in substantial damage to all vehicles involved. The damage and liabilities are incurred irrespective of who is at fault. No fault insurance is just one of the many variations and types of auto insurance. Collision cover, theft cover, storm cover, multiple driver insurance, commercial auto and liability insurance all come into play when we talk about automobile and car insurance.

There are so many variations, options and terms and conditions involved in auto insurance that it can be quite bewildering for a car owner to know let alone understand all the possible implications of these many options. An independent agent such as Able Auto & Cycle can tailor auto insurance to match your needs. So whether you need to insure one car, two cars, a motorcycle or a boat, they can help source the best automobile insurance for your requirements and your cashflow.

Cheap Car Insurance and Motorcycle Insurance in Winston Salem, Asheville and Wilmington

Positive factors that help you get cheap car and motorcycle insurance

Finding cheap car insurance or motorcycle insurance does not have to be a pain in the butt exercise. Able Auto and Cycle offers cheap car and motorcycle insurance in Sumter, Wilmington and Columbia. When you leave you insurance needs in their hands you not only get insurance that is reliable, but you also get motorcycle and vehicle insurance that will suit your budget.

Cheap car insurance does not equate to unreliable insurance. When your car or motorcycle insurance is tailored to match you needs you will get the best possible terms and conditions at the best possible price.

There are specific things that insurance companies look at when deciding the cost of your auto insurance. These include your driving history, your current driving habits, the type of car you own, your age, your gender, your location, your credit score, your affiliation and so on. The more positive factors you bring to the table, the cheaper your car or motorcycle insurance will be. So it is always a good idea to inform your agent of all the possible positive factors that can help reduce your monthly premiums.  For example if you live in a rural area you could probably get cheaper rates than someone who lives in a big city.

Traffic violations and tickets are a big factor when it comes to auto insurance cost. The more tickets and violations you have the higher you’re perceived risk will be to the carrier. Other factors that will influence your premiums include deductibles and related matters. The higher your deductibles, the lower your monthly cost will be.

So as you can see there are many factors that influence your insurance cost. When you want cheap car insurance and low cost motorbike insurance you should deal with an agent who knows where to find the best insurance for your needs. You should also bring as many positive factors to the table as is possible.

Auto Insurance and Automobile Insurance in Wilmington, Winston-Salem, Asheville

How to lower the costs of your car insurance

 

Have you ever wondered about how you can lower the costs of your auto insurance package? If you find yourself in such a situation, by reading this article you will find 5 tips that will help you lower the price you have to pay for your car insurance.

First of all, when buying a car, we should all keep in mind that even if the price of it can be low, we could still have to pay a large sum of money for insurance. This happens because auto insurance price is mostly influenced by the year, make, and model of the car. For example, if you choose a sporty car, the insurance rate will be higher than for a family saloon, since sport cars are considered to be a luxury nowadays. So, we can say that when you want to buy a car, you should also contact your insurance company to see which car on your list would be best from this point of view.

Another great thing that you can do to lower your insurance rate is to protect your car against vandalism and theft. You can do this by storing it into a garage, or in a carport. Even though the price of a garage or a carport can be really high, you will recover your investment in a few years, from the discount you will get from your insurer.

You can even get a discount if your annual mileage is lower than normal. Many insurance companies offer such discounts, and in order to benefit from it make sure you first ask about this type of discount.

Last but not least, make sure you obtained the best deal for your money. In order to do this, do a little research before you sign your auto insurance, because price can vary a lot from one insurance company to another, even if you live in areas such as Wilmington, Winston-Salem, and Asheville.

Different Types of Homeowners and Renters Policies.

Yes. A person who owns his or her home would have a different policy from someone who rents. Policies also differ on the amount of insurance coverage provided.

The different types of homeowners policies are fairly standard throughout the country. However, individual states and companies may offer policies that are slightly different or go by other names such as “standard” or “deluxe”. The one exception is the state of Texas, where policies vary somewhat from policies in other states. The Texas Insurance Department has detailed information on its various homeowners policies.

The chart below lists the disasters covered in each of the following types of policies:

If you own your home

If you own the home you live in, you have several policies to choose from. The most popular policy is the HO-3, which provides the broadest coverage. Owners of multi-family homes generally purchase an HO-3 with an endorsement to cover the risks associated with having renters live in their homes.

HO-1: Limited coverage policy
This “bare bones” policy covers you against the first 10 disasters. It’s no longer available in most states.

HO-2: Basic policy
A basic policy provides protection against all 16 disasters. There is a version of HO-2 designed for mobile homes.

HO-3: The most popular policy
This “special” policy protects your home from all perils except those specifically excluded. (Click on the link below for a sample HO-3 form; you will need Acrobat which you can download, free of charge, from the Adobe Web site.
Paper: Homeowners 3 – Special Form (PDF)

HO-8: Older home
Designed for older homes, this policy usually reimburses you for damage on an actual cash value basis which means replacement cost less depreciation. Full replacement cost policies may not be available for some older homes.

If you rent your home

HO4-Renter
Created specifically for those who rent the home they live in, this policy protects your possessions and any parts of the apartment that you own, such as new kitchen cabinets you install, against all 16 disasters.

If you own a co-op or a condo

H0-6: condo/co-op
A policy for those who own a condo or co-op, it provides coverage for your belongings and the structural parts of the building that you own. It protects you against all 16 disasters.

Your level of coverage

Regardless of whether you are an owner or renter, you have the following three options:
1.Actual cash value.
This type of policy pays to replace your home or possessions minus a deduction for depreciation.
2.Replacement cost.
The policy pays the cost of rebuilding/repairing your home or replacing your possessions without a deduction for depreciation.
3.Guaranteed or extended replacement cost.
This policy offers the highest level of protection. A guaranteed replacement cost policy pays whatever it costs to rebuild your home as it was before the fire or other disaster–even if it exceeds the policy limit. This gives you protection against sudden increases in construction costs due to a shortage of building materials after a widespread disaster or other unexpected situations. It generally won’t cover the cost of upgrading the house to comply with current building codes. You can, however, get an endorsement (or an addition to) your policy called Ordinance or Law to help pay for these additional costs. A guaranteed replacement cost policy may not be available if you own an older home.
Some insurance companies offer an extended, rather than a guaranteed replacement cost policy. An extended policy pays a certain percentage over the limit to rebuild your home. Generally, it is 20 to 25 percent more than the limit of the policy. For example, if you took out a policy for $100,000, you could get up to an extra $20,000 or $25,000 of coverage.

Even though a guaranteed/extended replacement cost policy may be a bit more expensive, it offers the best financial protection against disasters for your home. These coverages, however, may not be available in all states or from all companies.

courtesy of www.iii.org

Car Insurance and Motorcycle Insurance in Sumter, Asheville, and Columbia

What does motorcycle insurance cover

 

 Everyone nowadays knows that there are insurance policies for almost everything, but not all know exactly what is covered by these insurance packages. If you want to find out more about motorcycle insurance, and what it covers, you should continue reading this article.

Many of us wonder why we need motorcycle insurance. The answer to this question is very simple: since it protects us from the costs that may occur after an accident, and also because in some countries this is mandatory by law.

There are different types of coverage that a motorcycle insurance package can have. These include liability coverage, collision coverage, and comprehensive coverage and so on.

The Liability Coverage is maybe the most important one of them, and is the one usually required by the government. It covers any damage that has been done to a property after an accident, and also for the injury you may cause to people, if you are to blame for it. However, if your insurance only has liability coverage, the costs of repairing your bike will not be covered.

If you think that liability coverage is not enough for you, you can always add Collision Coverage to your insurance package. If you own such coverage, you will no longer have to worry about the price you have to pay in order to get your motorcycle fixed, since it will be covered by your insurance company.

Comprehensive Coverage, unlike the other two types of coverage, will cover for the costs of repairing your bike that are generated by things such as vandalism, theft, or fire, but not an accident.

If you do not know what coverage should your insurance have, you can contact an insurance adjuster in order to make sure that you get everything you need at the best price. Their services are nowadays available even in areas such as Wilmington, Sumter, and Columbia.

11 Things You Didn’t Know About Your Homeowners Policy

Think you know everything about your home insurance policy? Is that because you understand the difference between dwelling coverage and personal liability protection? Because you know that floods aren’t covered by standard home insurance?

Think again. You might know more than most, but you probably don’t know everything about your policy — unless you’ve read the fine print and committed it to memory. And who’s got time for that? However you don’t want to find yourself stuck without coverage you thought you had. Here are some lesser known coverage nuances you likely weren’t aware of.

It’s electric

When it comes to problems caused by electricity — or lack of it — coverage varies according to the situation. Two potential issues:
Lightning. Your house is covered if it’s struck by lightning, even if the item struck is your air conditioning unit. You will, however, still have to pay your deductible. (This is true for nearly all the situations in which you’re covered.)
Losses caused by power failure. If lightning strikes a transformer in your neighborhood and knocks out power for several hours, you’re not covered for items ruined in your refrigerator or standalone freezer. However you could purchase extra coverage for this.

The friendly skies

When it comes to aircraft, your coverage protection can be up in air. Check out these scenarios:
An airplane crashes into your house. If you’re at home when this happens, you’ve probably got other concerns. But yes, you are covered for damage to your home should an airplane crash into it.
Damage to an aircraft kept on your property. If that plane is yours, is on the ground and gets damaged through vandalism, fire, a tree falling on it or any other reason, a standard homeowners policy typically won’t help with the repairs.
A satellite crashes into your house. Every few weeks, you hear about long-dead satellites or other pieces of space debris falling victim to gravity and crashing to the ground. And if one hits your house? Yes, you typically are covered. And manmade objects aren’t the only items covered. Standard home insurance also usually covers harm to your home done by meteors.

The good earth

Of course, you’ll also find perils exclusively rooted to the ground. What if the following problems occur:
Earthquake. Similar to floods, earthquakes typically are excluded in standard home insurance policies. If you live in an area prone to earthquakes, you’ll need to buy a separate earthquake policy. If not, any damage will be your — yes — fault.
Volcanic ash. You’re in much better shape if you live near a volcano than near a fault line. Damage from the volcanic ash spewed during an eruption usually is covered.
Sinkhole. Sinkholes are not covered by standard homeowners protection.

The people, yes, the people

As for manmade problems, again it depends:
Riot. If your house is damaged by fire or vandalism during a riot, you likely are protected. Riots typically are listed as a covered peril in a standard policy. But what if there’s an …
Explosion. The answer isn’t so simple here. If a gas line is damaged and explodes, you probably are covered. Explosions resulting from “acts of war” are excluded from coverage. Terrorist explosions? That’s a good question — one that hasn’t fully been resolved. But don’t count on your home insurance policy in such a situation.

That’s just sick
Transmission of communicable disease. If you cause bodily injury or property damage to another person and they sue, you’re usually covered under your home insurance policy. However if you transmit chicken pox to another person, they suffer extreme illness and try to sue you for medical costs? Your insurance would not normally cover it.

What all this means is that few people besides licensed agents really understand everything that’s covered — or not covered — under standard home insurance policies. You shouldn’t guess when it comes to your home, your family and your possessions. Get the right answers from the best source.

Related:
Protect Your Home While It’s on the Market
What’s a Hurricane Deductible, and Do You Have One?
5 Reasons to Divorce Your Insurance Provider

Arthur Murray writes for HomeInsurance.com, an online insurance resource for homeowners and drivers across the country. Offering comparative homeowners and automobile insurance rates, consumers rely on HomeInsurance.com for the most competitive rates from the top-rated insurance carriers in the country. The HomeInsurance.com blog provides fresh tips and advice on a range of financial topics to help homeowners and homebuyers make educated decisions about their insurance purchases.

Courtesy of Yahoo News!

Cheapest Car Insurance in Wilmington and Columbia

How to find the cheapest car insurance that fits your needs

Nowadays more and more people are worried about the price they have to pay when it comes to auto insurance. If you choose this article you will find out tips that will help you find the cheapest car insurance that covers all your needs, no matter if you are living in Sumter, Wilmington, or Columbia.

In order to successfully do this, you should first study the market. Because you can now use the internet to do this, it is no longer a stressful and time consuming job. While doing this research write down the car insurance companies that you think offer the best services relatively to the money you have to pay for them.

The next step is to go and talk face to face with the insurer to see what is the exact price of the insurance package you previously chosen from their website. You should do this because the price shown on the internet may not be the same with the one they charge, since it depends to lots of factors such as the type of the car, whether or not you are married, the car`s safety features, and also your age. If you do not have the time necessary for this step you can also call the insurance company for more information.

Finally you should compare the offers you have from the 5 different insurance companies that you previously chosen and depending on the insurance policies and on the price they have to offer, decide which one you think best fits your needs. When doing this, do not forget that even though the price of an insurance package can be lower, you may not have all the benefits you need included.

If you are not confident in your research skills, or you simply do not have the time to do it yourself, you can hire an insurance advisor to do this job for you. But keep in mind that if choosing to do so, besides having to pay for the insurance, you will also have to pay him for finding you the cheapest car insurance that fits your needs.

Motorcycle Insurance Throughout Asheville, Wilmington and Winston Salem

Motorcycle insurance agencies will give you a new bike: find out when

Many people nowadays own a motorcycle, and since the risk of having an accident has never been higher, they are looking for a way to protect both their bike and their lives.

If you yourself are one of these people, the best solution for you would be to own a motorcycle insurance policy. This type of insurance policy comes with different features and benefits, in order to fit any rider`s needs.

When are you entitled to get a new bike from your insurance agency?
The most important benefit of owning such an insurance policy is that in case of any accident, depending on which type of insurance you have, you can either get the value of the bike you and your insurer agreed to, or your insurance company will pay you the market value of the bike at the time of the accident.

The insurance agency should give you a replacement bike as well
Furthermore, more and more insurance companies out there offer the possibility to have a replacement bike if yours was damaged during an accident. The replacement bike will be with you for as long as your bike has to stay in the repair shop.
Also, if your bike has been severely damaged in the accident, there are insurance policies nowadays that oblige your insurer to buy you a new one. This type of motorcycle insurance also has downsides: these policies are not available for every model of motorcycles.

Your bike broke while far away from home?
There are insurance companies out there that even offer you emergency accommodation. This means that if you get stranded in a location far from home, your insurer will pay you a certain amount of money so you will be able to get emergency accommodation after an unpleasant incident.

In conclusion, we can say that for a motorcyclist having motorcycle insurance can be very useful since it has many benefits and because of the more and more companies which offer such services, they are also affordable, and can be found even in areas such as Wilmington, Winston-Salem, and Asheville.

Huricane Season Is Upon Us

In May 2014 the National Oceanic and Atmospheric Administration (NOAA) predicted a near-normal or below-normal 2014 Atlantic hurricane season. NOAA’s Climate Prediction Center projected eight to 13 named storms (winds of 39 mph or more), with three to six becoming hurricanes (winds of 74 mph or higher) and of them, one or two becoming major hurricanes (winds of 111 mph or higher).

A normal season, based on averages from 1980 to 2010, has 12 named storms, six hurricanes and three major hurricanes.

http://www.noaanews.noaa.gov/stories2014/20140522_hurricaneoutlook_atlantic.html

Over a dozen states were impacted by Hurricane Sandy in October 2012. Sandy caused $18.75 billion in insured property losses, excluding flood insurance claims covered by the federal flood insurance program, according to Property Claim Services (PCS), a division of Verisk Analytics. New York and New Jersey suffered the largest private insurance losses from Sandy, according to PCS.

September is the most common month for hurricanes making landfall in the U.S., followed by August and October, according to an analysis of 1851 to 2011 data by the National Oceanic and Atmospheric Administration. No hurricanes made a U.S. landfall before June and after November during the period studied.

2012 AND 2013 ATLANTIC HURRICANE SEASONS

The 2012 Atlantic hurricane season witnessed 19 tropical storms, with 10 becoming hurricanes, above the annual average of 12 storms and six hurricanes. Only four of these events made landfall in the U.S., including Hurricane Sandy, one of the most damaging hurricanes to hit the United States. Sandy, the 18th tropical storm of the 2012 hurricane season, made landfall as a post-tropical storm on October 29, 2012, in New Jersey, causing extensive damage in that state as well as to New York, Pennsylvania and Connecticut. Sandy caused 72 deaths in the U.S. and $18.75 billion in insured property losses in 15 states and the District of Columbia, not including National Flood Insurance Program (NFIP) losses, according to Property Claim Services (PCS). This makes it the third costliest U.S. hurricane, topped only by Hurricane Katrina in 2005 and Hurricane Andrew in 1992. The only other significant storm to make landfall was Hurricane Isaac in August. Isaac was a slow-moving Category 1 hurricane when it hit the Louisiana coast on August 28, following roughly the same path as Hurricane Katrina, which caused record-breaking losses of over $40 billion in 2005. Isaac stirred up strong winds and flooding in the Gulf, particularly in Louisiana and Mississippi and caused five deaths in the U.S. PCS estimated that Isaac caused $1 billion in insured property damage, not including NFIP claims.

The 2013 Atlantic hurricane season produced 13 tropical storms, two of which became hurricanes. Neither of these became major hurricanes, which is defined as a storm that reaches Category 3 or higher. According to the National Oceanographic and Atmospheric Administration, the 2013 Hurricane Season had the fewest number of hurricanes since 1982. 2013 is expected to rank as the sixth-least-active Atlantic hurricane season since 1950, in terms of the collective strength and duration of named storms and hurricanes. In 2013 there were no U.S. hurricanes that met PCS’s catastrophe threshold of at least $25 million in insured property losses. The first hurricane of the season, Humberto, reached hurricane force on September 11, but did not make landfall. It is topped only by 2002’s Hurricane Gustav as the latest forming first hurricane. Ingrid, the second 2013 hurricane, made landfall in Mexico on September 16. Together with Pacific Tropical Storm Manuel, it caused massive flooding and over 40 deaths. Andrea, an Atlantic tropical storm, made landfall in Florida on June 6 and caused one death. Losses from Andrea did not reach PCS’s catastrophe threshold.

couresty of www.iii.org

Finding the Cheapest Car Insurance In Winston Salem NC

How to find a cheap auto insurance in Winston Salem, NC

Having trouble finding  a low price automobile insurance policy? If your answer to this question is yes, then by reading this article you will find useful tips in how you can find the best deal for your money in terms of auto insurance in Winston Salem, NC.

1. Investigate the market: offline AND online
Firstly, you should shop around in order to find the best deal for your money. While doing this, you should use an online comparison service, because it can do all the hard work for you. You should also be attentive and study all the benefits included in the insurance package you choose because even if one of them is cheaper, it may not have the same level of coverage.
2. The black box
Another way of saving on costs when signing such a policy is to install a black box in your car. This device will be able to monitor your speed, and your handling. In addition, it will also tell them whether or not you are on the road at dangerous hours.
This way, if you prove that you are a cautious and disciplined driver, the price you will have to pay for your car insurance will drop substantially. This may come in handy for young drivers who have to pay large sums of money to get ensured.

low cost auto insurance winston salem
3. The usefulness of a garage
In addition, owning a garage can also have a great influence in the price of an auto insurance policy. This happens because the risk of theft is dramatically reduced if you keep your car in a garage, and this influences insurers a lot when it comes to price.
To sum up, we can say that if you will take into account the information presented in this article, you will for sure find the cheapest  car insurance in Winston-Salem, NC, that will cover all your needs and provide, exceptional financial support.

Insuring Your Personal Watercraft

In 2013, 5,537 boats and other watercraft were stolen, according to a recent NICB study—and personal watercraft are stolen more than any other type of vessel. On Memorial Day those thefts start to spike, so whether you own a sailboat or a jet ski, learn how best to insure it.

Personal watercraft are not generally covered by homeowners or auto insurance, and where they
are, the coverage limits can be fairly low. You may need to purchase a specifically designed policy in order to insure these vessels. The personal watercraft policy covers:

Bodily injury
Property damage
Guest passenger liability
Medical payments
Theft

Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments, although these may vary from company to company.

Liability limits start at $15,000 and can be increased to $300,000. This coverage will provide financial protection if your personal watercraft is involved in an accident.

Most policies also include water sports liability, which covers risks associated with activities such as waterskiing.

Consider buying an umbrella policy which will provide more liability protection. One million dollars in extra coverage costs about $300 a year and would extend to your home and auto insurance policies.

If you have several personal watercraft, you may qualify for a multi-boat discount on your insurance. Additional coverage can also be purchased for trailers and other accessories.

Be sure to speak with your insurance agent or company representative about your specific needs.

Personal Watercraft Safety

Sea Doos, Wave Runners and other personal watercraft are fun and so easy to use that you can get a false sense of security; however, each year they cause thousands of serious injuries.

To safely enjoy your personal watercraft, the I.I.I. suggests the following:

Never follow directly behind another personal watercraft. Stay at least 100 yards behind the vessel in front, and no less than 50 yards to one side. Because these vessels can travel at a very high rate of speed, each rider must be able to react to sudden changes in order to avoid a collision. Eighty percent of all injuries and fatalities occur when two vessels collide with one another.
Don’t jump the wake of a passing boat. You could misjudge its speed and cause a collision. Or you might end up in the path of traffic coming from the other direction.
Stay alert! Be aware of what is going on around you. Steer clear of other watercraft, swimmers, divers, water skiers and fishermen.

Courtesy of www.iii.org

Bike Safety and Insurance

Bicycling is increasingly popular, both as a sport and as a means of transportation. And bicycles can cost anywhere from several hundred dollars for a basic bike to thousands of dollars for specialized racing bikes. Whether you use your bicycle to commute to work or simply like to cycle around the block with your children, it is important to understand the rules of the road and protect your financial investment with the proper insurance.

Bicycles are covered under the personal property section of standard homeowners and renters insurance policies. This coverage will reimburse you, minus your deductible, if your bike is stolen or damaged in a fire, hurricane or other disaster listed in your policy.

If you are purchasing a new bike, keep the receipt and call your insurance agent or company representative immediately. If you own a particularly expensive bicycle, you may want to consider getting an endorsement that will provide additional coverage. Your insurance agent or company representative can review your coverage options with you.

There are two types of coverage for personal property:
Actual Cash Value – reimburses you for what the bicycle is actually worth given its age. A 10-year-old bicycle, for example, would be valued at the cost of a comparable bicycle minus 10 years depreciation.
Replacement Cost Coverage – reimburses you for what it would cost to replace your 10-year-old bicycle with one of like kind and quality at current cost. Replacement cost coverage costs about 10 percent more than actual cash value, but it is a good investment.

Homeowners and renters insurance policies also provide liability protection for harm you may cause to someone else or their property. If you injure someone in a bicycle accident and he or she decides to sue, you will be covered up to the limits of your policy. Your homeowners or renters insurance also includes no-fault medical coverage in the event you injure someone. This coverage usually ranges from $1,000 to $5,000.

To make filing a claim easier, the I.I.I. suggests the following:
Save your receipts
When you buy your bicycle you may also purchase expensive equipment to go with it, so make sure to save your receipts for everything. The cost of a helmet, patch kits, pumps, extra inner tubes and other essentials, not to mention that fancy new bike jersey, can add up quickly. If your bike and related items are stolen or destroyed, having receipts can help speed the claims process.
Add your bicycle and related items to your home inventory
Everyone should have an up-to-date home inventory of all their personal possessions. An inventory can help you purchase the correct amount of insurance and make the claims filing process easier if there is a loss. To help you create your inventory, the I.I.I. provides free, online software at KnowYourStuff.org.

Of course the best protection of all is to keep your bike safe; to help avoid theft, follow these simple rules:
Always lock up your bike, even if it is in your garage, an apartment stairwell, or a college dormitory.
Lock your bicycle to a fixed, immovable object like a parking meter or permanent bike rack. Be careful not to lock it to items that can be easily cut, broken or removed, and that the bike cannot be lifted over the top of the object to which it is locked.
Lock up your bicycle in a visible, well-lit area.
Consider using a U-lock and position the bike frame and wheels so that they take up as much of the open space within the U-portion of the lock as possible. The tighter the lock-up, the harder it is for a thief to use tools to attack the lock. Always position a U-lock so that the keyway is facing down towards the ground. Do not position the lock close to the ground as this makes it easier for a thief to break it.
Do not lock up your bicycle in the same location all the time. A thief may notice the pattern and target you.
Consider registering your bike with the National Bike Registry.

It is even more important to keep yourself and your family safe while you are riding. The National Highway Traffic Safety Administration suggests that cyclists follow these seven rules:
1.Protect Your Head
Never ride a bike without a properly fitted helmet.
2.Assure Bicycle Readiness
Ride a bike that fits you and check all parts of the bicycle to make sure they are secure and working well.
3.Learn and Follow the Rules of the Road
Bicycles are considered vehicles on the road; therefore riders must follow the same traffic laws as drivers of motor vehicles.
4.Act Like a Driver of a Motor Vehicle
Always ride with the flow of traffic, on the right side of the road, and as far to the right of the road as is practicable and safe.
5.Be Visible
Always assume you are not seen by others and take responsibility for making yourself visible to motorists, pedestrians and other cyclists.
6.“Drive with Care”
When you ride, consider yourself the driver of a vehicle and always keep safety in mind. Ride in the bike lane, if available. Take extra care when riding on a roadway. Courtesy and predictability are key to safe cycling.
7.Stay Focused. Stay Alert
Never wear headphones as they hinder your ability to hear traffic. Be aware of your surroundings and ride defensively.

Courtesy of www.iii.org

Automobile Insurance in Wilmington, Winston-Salem or Asheville

Automobile insurance for all your cars and vehicles

Automobile insurance is required for your car but can also extend to other vehicles such as motorcycles, watercraft and snowmobiles.  Each state has a minimum level of required auto insurance that usually includes liability and no fault insurance.  A vehicle owner you face many risks that are not covered by minimum legal automobile insurance. If you own a vehicle in Wilmington, Winston-Salem or Asheville you can consult with Able Auto and Cycle regarding the best auto insurance for your needs.

Driving a vehicle without the right level of insurance is a huge risk. Collisions, emergency road side assistance, alternative transport, auto theft and acts of nature are just some of the risks faced by car and vehicle owners on a daily basis. You need car insurance that covers you on and off the road. You don’t have to be in your car to suffer vehicle damage. Auto theft, vandalism and storm damage are just some things that can happen even when you are not driving.

Automobile insurance should cover your real risks but it should also be affordable. You don’t want to pay more for auto insurance than is needed. Too much insurance will cost you more than is necessary, but being underinsured could potentially cost you more. An independent agent will find the best insurance cover for your needs. An independent agent does not have a bias towards a particular carries and can compare different plans and select and tailor an insurance package that will best meet your needs. They will also advise your regarding potential discounts when you insure all your vehicles with them.

Life is dynamic and things change all the time. It is important to keep your car and auto insurance current to your needs and situation. Perhaps you acquire a second car, a boat, a motorcycle or some other power driven vehicle. It is important to update your automobile coverage as your situation and risk profile changes.

Cheap Car Insurance: Asheville, Wilmington, Winston-Salem

Cheap car insurance that covers your risk profile

All drivers in North Carolina really want is cheap car insurance that won’t let them down when it comes to claim time. That is exactly what you will get when you deal with Able Auto & Cycle. They offer the cheapest car insurance in Asheville, Wilmington, and Winston-Salem. At the same time their car insurance is reliable and will cover you for your agreed risks.

Car insurance in North Carolina is a rather complex field that is best left to the professionals. Who wants to sit and compare car insurance quotes and at the same time try and figure out what is included, what is excluded, what are the excesses and many other tricky issues? Most vehicle owners will prefer to spend their time doing something more exciting and interesting. That is exactly what you can do when you leave your car and auto insurance needs in the hands of the people who know and understand car insurance and how it applies in the various counties of Carolina.

By law vehicle owners in NC are required to carry sufficient cover to meet the costs of injuries and damages that may result from a car accident. You are also legally required to carry uninsured driver coverage that will cover the cost of your injuries in the event of a collision involving a motorist who is not insured. Liability cover is there for the bare minimum that you need to comply with the law. But that still leaves you with a huge exposure and risk related to many other possible and likely events.

Apart from covering possible injuries and damages to a 3rd party you need to have adequate cover for your own damages and potential injuries. This is where we move into the field of optional car insurance. This will include collision insurance, comprehensive insurance as well as options for towage and car rental. Car insurance can get very complicated and when you deal with the experts you don’t have to worry about all these complications. You can be confident you will get cheap car insurance that will match your situation and risk profile.

Eight Surprising Way Comprehensive Auto Insurance Works For You

Even the most careful drivers occasionally get into accidents—that’s why auto insurance was created. But, your car can be damaged even if you’re not in a crash—which is why there’s comprehensive auto insurance. Comprehensive is an optional coverage, and without it, you might just be left holding the bag financially, according to the Insurance Information Institute (I.I.I.).

Simply put, comprehensive is coverage for events “other than collisions.” And here are eight things that you might not realize are covered by your comprehensive auto insurance policy.

1. Earthquakes and Floods
Homeowners insurance policies may exclude earthquakes and flood, but your comprehensive auto insurance is truly comprehensive when it comes to disasters. Hurricanes, tornados, volcano eruptions, earthquakes and floods—they’re all covered.

2. Fire, Even When Caused by a Car Defect
Vehicle fires occur every 96 seconds in the United States, according to the National Fire Protection Association, and although non-crash fires are rare, some are caused by electrical problems or a defective fuel system. Indeed, nearly every major car company has recalled one of its vehicles due to a fire-related defect. A new study from the Highway Loss Data Institute (HLDI) shows the claim frequency for vehicles with fire-related defects—prior to a recall—is 23 percent higher than for other vehicles.

3. Rodent Damage
A squirrel snuck into your garage and gnawed through your car’s wiring system? Unlike homeowners insurance, which excludes damage caused by pests, your comprehensive auto policy may provide coverage—check your policy carefully to be sure.

4. Meteorites and Asteroids
OK, there’s a pretty slim chance your car will get hit by an asteroid, but it’s not out of the realm of possibility and if it happens, you would be covered by your comprehensive policy. More importantly, the coverage extends to almost any type of falling object—including hail, trees, the neighbor’s kid’s baseball….

5. Riots
Unfortunately, every now and then a victory celebration or peaceful protest can get out of hand and morph into a full blown riot. If your car were to get caught in the middle, any damage resulting from the incident—from being flipped, or from such things as explosions, fire and smoke—would be covered. The same goes for acts of vandalism.

6. Deer, Birds or Other Animal “Contact”
Watch out for that deer! An estimated 1.22 million deer-vehicle accidents occurred in the U.S. between July 1, 2012, and June 30, 2013. But deer aren’t the only animals that can damage your car. Bears have a habit of breaking into cars around national parks, looking for food that visitors leave behind. Your trail-mix supply might be a goner, but with comprehensive auto insurance, you won’t have to “bear” the damage alone.

7. Theft
According to the FBI, more than $4.3 billion was lost to motor vehicle theft in 2012 and the average dollar loss per theft was $6,019. Nobody wants their car to be a crime statistic, but at least you would be covered if your car disappears in the night.

8. Broken Windshield
A cracked or shattered windshield is a fairly common occurrence. If a piece of gravel or other road debris suddenly puts a ding in your vehicle’s windshield while you’re driving, it can quickly spread and become a large and dangerous crack. In fact, in many states it is illegal to drive with acracked orbroken windshield. Not only is such damage covered by your comprehensive policy, many companies offer the option of no-deductible coverage for glass damage specifically.

Unlike liability insurance, which you must purchase by law in order to drive in most states, comprehensive insurance is an optional coverage.

Check with your insurance professional to find the best auto coverage for your situation—in many cases a policy that combines liability with comprehensive and collision coverage provides the full breadth of insurance coverage you need, especially on a newer car.

courtesy of www.iii.org

Car Insurance for Wilmington, Elliot, Sumter ,and Hartsville

Auto Insurance for your car and secondary vehicles

Auto insurance is a complex subject and all the options and choices can be rather confusing to the average person. It is probably a good idea to leave your car insurance matters in the hands of a reliable, trusted and independent insurance agent.

Whether you drive a sedan in Sumter, a SUV in Wilmington or a motor cycle in Columbia, you need the right auto insurance to cover your vehicle and to protect your financial interests. Accidents happen and when you are involved in a collision, the costs can be high and consequences serious.

But it is not only vehicle accidents that you should worry about. Auto theft, storm damage and liability are just a few other events that you will want to be covered against. There are also legal requirements and in Delaware you obliged to carry a minimum level of liability insurance. If you fail to carry the minimum level of car insurance you can face a hefty fine if you are stopped by a law enforcement officer.

Apart from the legal auto insurance requirement, you will want to be sure you are covered for vehicle damage, theft and bodily injury.  When you deal with an independent agent such as Able Auto and Cycle you will have peace of mind knowing your auto and car insurance matters are taken care of. This way you won’t be out of pocket as a result of an accident, storm or criminal act.

Your auto insurance can also extend to vehicles other than your primary or main car. Perhaps you own a motorbike, a boat, a snowmobile, a camper home or some other vehicle that is valuable and precious to you. You will want to be sure all your vehicles are adequately insured and your potential liabilities are covered.

Do You Have Coverage If There’s Water Everywhere?

NEW YORK, March 27, 2014 — Just when you stopped worrying that another Polar Vortex would bring more severe cold, snow and ice, rising spring temperatures pose another risk: water damage—caused by ice dams, ice jams and flooding, according to Insurance Information Institute (I.I.I.)

Water can be extraordinarily destructive. It only takes a few inches of water to cause tens of thousands of dollars in damage, pointed out the I.I.I. In fact, water damage and freezing was the second most frequent home insurance claim from 2008 to 2012.

“Many consumers don’t understand what type of water loss is covered, what is not, nor the various types of policies available to them,” said Jeanne M. Salvatore, chief communications officer for the I.I.I. “Fortunately, coverage is available so it is important to contact your insurance professional to make sure that you have both the right type and amount of insurance.”

Generally speaking, water that comes from the top down is covered by homeowners or renters insurance. For example, if wind shatters a window or damages the roof allowing rain or snow to get into the home, this is covered. Water damage caused by burst pipes and ice dams on a roof (a situation where melting snow is unable to drain properly through gutters, resulting in water seepage that can cause damage to ceilings, walls and even furniture) is also generally covered by home insurance policies.

However, water that comes from the bottom up, such as an overflowing stream, river or lake caused by melting snow is covered separately, by flood insurance.

Flood insurance is available from the National Flood Insurance Program (NFIP) and a few private insurance companies. Excess flood insurance also is available from some private insurers if you need additional coverage above and beyond the basic policy, or live in a community that does not participate in the NFIP.

A flood does not have to be a catastrophic event to be costly. In fact, 25 percent of all NFIP flood claims are for homes outside of high-risk zones. To learn about your flood risk and locate an agent, visit FloodSmart.gov.

Check whether your homeowners or renters insurance includes coverage for sewer and drain back-up. You may need to purchase a rider to cover this type of water damage.

Water damage to a car is covered under the optional comprehensive portion of an auto insurance policy.

The I.I.I. recommends you follow these four simple steps to protect yourself from water-related disasters:

1.Contact your insurance professional. Make sure you understand all of your insurance options. Taking the time to ask questions and make informed insurance decisions can provide important financial protection.

2.Prepare an emergency plan. The I.I.I.’s free mobile app, Know Your Plan makes it easy to be ready when disaster strikes. Preparedness information is also available from the Federal Emergency Management Agency’s Ready.gov and NOAA’s Weather Ready Nation.

3.Conduct a home inventory. Documenting your belongings will help you buy the right amount of insurance, makes claim filing easier and can be used to document financial losses when filing tax returns or applying for financial assistance after a disaster. Using the I.I.I.’s free Know Your Stuff software will ensure you have an updated home inventory, accessible anywhere, any time.

4.Learn how to make your home more disaster-resistant with the Insurance Institute for Business and Home Safety.
courtesy of www.iii.org

Motorcycle Insurance in Wilmington, Winston-Salem, Asheville

Motorcycle and dui insurance to cover your ride

Your motorbike is a valuable asset and a great joy in your life.  Unfortunately there also risks associated with owning and riding a motorcycle. Motorcycled insurance helps you plan and manage the financial consequences of those risks. You want motorcycle insurance that is affordable and relevant to your situation.

For best value motorcycle insurance in Wilmington, Winston-Salem or Asheville you should speak with a consultant at Able Auto & Cycle. They have local knowledge and they understand the ins and out of motorbike and auto insurance as it applies in the state of Carolina.  You don’t want to have hassles when it comes to claim time. When you get motorcycle insurance from a trusted and respected independent agent it is unlikely you will have problems when you need to make a valid claim.

With solid motorbike insurance behind you, you can enjoy the spectacular motorcycle routes in North Carolina without worrying about whether you are covered or not. Now you can enjoy riding the routes on the Blue Ridge Mountains with the peace of mind that you and your ride are covered in the event of some misfortune.  Whether you ride a Harley, a Yamaha, a Suzuki or Kawasaki, you want motorcycle that’s good and proper.

What if you have been convicted of a DUI offence? If you have a DUI it means you were caught driving under the influence of alcohol or some other inebriating substance. It is a serious offence especially if you were also involved in a fault collision or crash. How does that affect your insurance, and in particular your bike and auto insurance?

Well when you have a DUI, insurance companies will consider you a higher risk and load your premiums accordingly. They may even refuse to cover you. However you should speak to a consultant at Able Auto & Cycle as they also specialise in dui insurance.  If they cannot help you with dui insurance then no one can.

Motorcycle insurance in Wilmington, Winston-Salem or Asheville

Get Your Motorcycle Insurance Asheville Quote Today

If you are thinking about purchasing a new motorcycle in Wilmington, Winston-Salem or Asheville, think twice about how much you want to pay for it. In time, you may conclude that a cheap motorcycle insurance asheville policy cost you more than a more expensive one.

For example, the motorcycle insurance could cost you double the amount of an insurance policy for a more expensive model. The reason why this is happening is because the size weight and materials used for a bike have a considerable impact on the motorcycle insurance asheville quotes.

Other factors that can influence the price of your insurance are the storage conditions and the premiums. You could get a smaller price on the insurance policy if you keep your motorcycle indoor – in a garage, for example. This practice reduces the rust and it also decreases the chances of it being stolen. When talking about premiums, a lot of people prefer to pay them on a monthly basis. But you should try to pay it all upfront, because a lot of motorcycle insurance asheville policies offer discounts for upfront payments.

All these elements contribute to the final price of your motorcycle insurance. You will also have to deal with other costs related to your bike’s maintenance. And since bikes are considered more dangerous than cars, get ready to pay a higher amount of money on a motorcycle insurance asheville policy.

This is why it is important to correctly evaluate the costs of having a motorcycle upfront: do you prefer to pay more on motorcycle insurance or do you prefer to save some money on the long run? Choose a better brand, a bike that can stand the test of time, instead of going low on the price and cut on quality.

Do You Have A Teen Driver?

THE TOPIC

Motor vehicle crashes are the leading cause of death among 15- to 20-year olds, according to most recent data (2009) from the National Center for Health Statistics. Immaturity and lack of driving experience are the two main factors leading to the high crash rate among teens. Teens’ lack of experience affects their recognition of and response to hazardous situations and results in dangerous practices such as speeding and tailgating.

Other major contributing factors to the higher crash risk of young drivers are night driving and teen passengers. Teenagers are involved in more motor vehicle crashes late in the day and at night than at other times of the day. Teens also have a greater chance of getting involved in an accident if other teens are present in the vehicle, according to research from the Children’s Hospital of Philadelphia and State Farm.

Graduated drivers license (GDL) laws, which include a three-phase program that allows teen drivers to develop more mature driving attitudes and gain experience behind the wheel, have been successful in reducing teen motor vehicle accidents. In 1996 Florida became the first state to enact a GDL law. Every state now has a GDL law. North Dakota’s law, the last to be enacted, went into effect January 1, 2012.

RECENT DEVELOPMENTS
Most American teenagers are delaying getting their drivers licenses, according to an August 2013 study conducted by the AAA Foundation for Traffic Safety. According to the report, fewer than half (44 percent) of teens get their license within 12 months of the minimum age for licensing in their state. About half (54 percent) were licensed before their 18th birthday. Two decades ago, more than two-thirds of teens had drivers licenses by the time they turned 18. Among the reasons given for the delay were that gas and other driving costs were too expensive (36 percent each); they could get around without driving (39 percent); and they did not have a car (44 percent). While few teens said they waited until age 18 to avoid having to participate in graduated drivers license programs (GDL), these findings raise concerns that young drivers will become licensed without the benefit of the training and point to the need to modify the laws to include 18-year olds.
The latest State Farm survey found that teen drivers and their parents have widely different view of teens’ compliance with GDL laws. The survey, released in September 2013, found that 87 percent of parents think teens will obey GDL laws but that only 56 percent of teens think they will. In particular, 66 percent of parents said they almost always monitor whether their teenage children follow the rules governing driving at night, while 32 percent of teens say they do. Sixty-five percent of parents say they keep track of teen passengers, while only 27 percent of teens say they do. The situation concerning texting laws was markedly better: 82 percent of parents say their teens almost always obey texting laws, while 72 percent of teens say they do.
The National Institutes of Health and the Virginia Transportation Institute found that crashes and near crashes are more common during the first six months of independent driving among young drivers than in the following year. Previous studies had shown that teen crash rates decline quickly as young drivers become experienced, but the joint study, released in December 2011, was the first to use in-vehicle monitoring to confirm the trend. According to the Insurance Institute for Highway Safety, the study tracked 42 newly licensed 16-year olds with cameras, sensors and computers. Of the total 40 crashes and 279 near crashes recorded by all of the drivers of the monitored vehicles (including parents) during an 18-month period, teenagers had 13.3 crashes or near crashes per 16,000 kilometers in the first six months. This fell to 8.5 in the following 12 months. The teen crash rate averaged about 10 per 16,000 kilometers during the entire 18 months compared with 2 for the parents.
Crash Facts: Deaths of 16- and 17-year-old drivers rose 19 percent between the first six months of 2011 and the first half of 2012, according to a February 2013 study by the Governors Highway Safety Association (GHSA), based on preliminary data provided by its members. If the final 2012 data follows this trend, 2012 would be the second year in a row of increases in teen driver deaths, following eight years of declines, according to the GHSA study. An earlier GHSA study predicted that driver deaths in this age group would be up 11 percent from the first half of 2010 to the first half of 2011.
The National Highway Traffic Safety Administration (NHTSA) reported that 1,987 drivers between the ages of 15 and 20 died in motor vehicle crashes in 2011 (latest data available), up 1 percent from 1,965 in 2010. An additional 180,000 young drivers were injured in 2011.
Drivers age 15 to 20 accounted for 10 percent of all drivers involved in fatal crashes in 2011 and 13 percent of all drivers involved in police-reported crashes. The number of drivers age 15 to 20 involved in fatal crashes totaled 4,347 in 2011, down 48 percent from the 8,325 involved in 2002.
Thirty-two percent of drivers age 15 to 20 who were killed in motor vehicle crashes in 2011 had been drinking some amount of alcohol; 26 percent were alcohol-impaired, which is defined by a blood alcohol content of 0.08 grams per deciliter or higher.

BACKGROUND

Graduated Drivers License Programs: Young drivers account for a disproportionate number of motor vehicle crashes. In order to control this problem, each state has now adapted one or more element of a graduated drivers license (GDL) system, which requires a more rigorous learning period before granting young people between the ages of 15 and 18 a drivers license with full privileges. Graduated licensing as defined by the National Highway Traffic Safety Administration consists of three stages. Stage 1 (learners permit) requirements and recommendations include a vision test, a road knowledge test, driving accompanied by a licensed adult, seatbelt use by all vehicle occupants, a zero BAC level, and six months with no crashes or convictions for traffic violations. Stage 2 (intermediate license) includes the completion of Stage 1, a behind-the-wheel road test, advanced driver education training, driving accompanied by a licensed adult at night, and 12 consecutive months with no crashes or convictions for traffic offenses before reaching Stage 3 (full license).

Effectiveness of Graduated Drivers License (GDL) Programs: Studies dating back to the late 1990s attribute reductions in teen crash deaths to GDL programs. Some of the latest studies showed the following:
The Insurance Institute for Highway Safety (IIHS) said in May 2012 the death rate fell 68 percent for 16-year old drivers from 1996 to 2010. Among older teenagers the death rate fell 59 percent for 17-year olds, and 52 percent and 47 percent for 18- and 19-year olds, respectively, during the same period. The IIHS attributes the declines to the adoption of GDL laws and says that if every state adopted all five of the toughest laws that it had identified, about 500 lives could be saved and 9,500 collisions prevented each year. The five most effective laws are a minimum permit age of 16, a minimum intermediate license age of 17, at least 65 hours of supervised practice driving, restrictions on night driving that begin at 8 pm and banning all teen passengers.
A 34 percent decrease in teenagers killed in motor vehicle crashes in Colorado in 2007, compared with 2006, and a 60 percent decrease from 2002, when teen crash deaths were at an all-time high. Officials cited the passage of GDL laws and later laws enacted to strengthen them for the reduction along with safe driving education programs and the enforcement of seatbelt laws.
A decrease of about one-third in hospitalizations and hospital costs for 16-year-old drivers in North Carolina in the 46 months after the state’s GDL laws went into effect in 1997. The lead author of the study (sponsored by State Farm Insurance Company and the federal Centers for Disease Control and Prevention and released in January 2007) said that the findings suggest that the reductions result from 16-year olds driving less rather than from improvements in their driving skills. A 2001 study based on crash data found that there had been a 57 percent drop in fatal accidents involving 16-year olds since the law went into effect.
A reduction in the incidence of fatal crashes for 16-year-old drivers of an average of 11 percent. When states had comprehensive GDL programs, those with at least five of the most important elements in effect, there was a 20 percent reduction in fatal crashes involving 16-year-old drivers. In states that had six or seven components, fatal crashes fell 21 percent. The findings were reported in a study released in 2006 from the Johns Hopkins Bloomberg School of Public Health. Researchers examined fatal crash data from the 36 states that had GDL programs and from seven states that did not.

Florida was the first state to adopt a GDL program in 1996. GDLs have also reduced deaths among teenage drivers in New Zealand, Australia and Canada, where versions of the system exist. The first long-term study to investigate the benefits of each licensing stage, a 2002 study conducted in Nova Scotia, concluded that crash reductions among young beginning drivers occur in both the learner and intermediate stages. The study, “Specific and Long-term Effects of Nova Scotia’s Graduated Licensing Program,” marks the first six months of the learner stage as the most significant period of crash reductions. For beginning drivers who got their learners permit at 16-or 17-years old, crashes declined 51 percent. During the intermediate stage, when drivers are allowed to drive unsupervised except late at night, crashes were reduced by 9 percent in the first year and 11 percent in the second year. Crash rates increased by 4 percent, however, during the first year after the drivers graduated to full license status. Nova Scotia’s GDL program was adopted in 1994, before many U.S. states began adopting the system.

The Insurance Institute for Highway Safety (IIHS) said in May 2012 the death rate fell 68 percent for 16-year old drivers from 1996 to 2010. Among older teenagers the death rate fell 59 percent for 17-year olds, and 52 percent and 47 percent for 18- and 19-year olds, respectively, during the same period. The IIHS attributes the declines to the adoption of GDL laws and says that if every state adopted all five of the toughest laws that it had identified, about 500 lives could be saved and 9,500 collisions prevented each year. The five most effective laws are a minimum permit age of 16, a minimum intermediate license age of 17, at least 65 hours of supervised practice driving, restrictions on night driving that begin at 8 pm and banning all teen passengers.

Effects of Graduated Drivers License (GDL) Restrictions: Research shows that when teenage drivers transport teen passengers there is a greatly increased crash risk. The AAA Foundation for Traffic Safety released a report in May 2012 that showed that the risk of 16- or 17-year old drivers being killed in a crash increases with each additional teenage passenger in the vehicle. The risk increases 44 percent with one passenger; it doubles with two passengers and quadruples with three or more passengers. The study analyzed crash data and the number of miles driven by 16- and 17-year olds.

According to a March 2008 National Highway Traffic Safety Administration report, when there are multiple passengers in vehicles driven by teen drivers, the crash risk is three to five times greater than when driving alone. The risk is greatest for the youngest drivers (age 16 and 17). In California, Massachusetts and Virginia passenger restrictions have reduced crashes among 16-year-old drivers. Crash involvement per 1,000 16-year-old drivers fell from 1.07 to 0.85 in California after passenger restrictions were passed. The reduction was from 0.88 to 0.61 in Massachusetts and from 1.41 to 1.10 in Virginia. Earlier studies by the Children’s Hospital of Philadelphia and State Farm, the AAA Foundation for Traffic Safety and the National Institutes of Health also found that restricting passengers lowered the numbers of crashes and other behaviors such as speeding.

A 2008 study conducted by former Insurance Institute for Highway Safety (IIHS) chief scientist Allan Williams found that raising the age at which drivers are licensed would save lives. The study, highlighted in a September 2008 report by the IIHS, focused on driving age and rules in different countries. The study found that raising the driving age would substantially reduce crashes involving teenage drivers in the United States, where most states permit driving at about age 16. New Jersey is the only state in which drivers have to be 17 to get a license.

Cellphones: Safety experts say that using a cellphone while driving is a major distraction and is a significant factor in crashes (see Distracted Driving paper).

Twelve states—California, Connecticut, Delaware, Hawaii, Illinois, Maryland, Nevada, New Jersey, New York, Oregon, Washington State, West Virginia—and the District of Columbia have a law banning the use of hand-held cellphones behind the wheel for all drivers. The use of all cellphones by novice drivers is restricted in 37 states and the District of Columbia, according to the Insurance Institute for Highway Safety. Washington State was the first state to ban the practice of “texting” with a cellphone while driving. Text messaging is banned for all drivers in 41 states and the District of Columbia. Novice drivers are specifically banned from texting in six states. (See chart below: State Young Driver Laws; also http://wwww.iihs.org).

In March 2012 the AAA Foundation for Traffic Safety released “Distracted Driving Among Newly Licensed Teen Drivers,” an in-car video study that found that teenage girls are twice as likely as teenage boys to use cellphones and other electronic devices while driving. The study also found that teenage female drivers were almost 10 percent more likely to engage in other distracted behaviors such as reaching for an object (nearly 50 percent more likely than males) and eating or drinking (almost 25 percent more likely). By contrast teenage male drivers were about twice as likely to turn around in their seats and were also more likely to communicate with people outside of the vehicle.

A survey released by State Farm in April 2012 found that many teens continue to engage in texting behind the wheel even though they are aware of the dangers. In the survey, conducted for State Farm by Harris Interactive, only 43 percent of drivers 16 or 17 years of age said that they had never texted while driving, the same percentage as in State Farm’s first survey two years ago. Texting appears to be pervasive, even though 76 percent of teens between the ages of 14 and 17 agree that motorists risk their lives by texting while driving and 93 percent believe that an accident is inevitable among drivers who text. A second State Farm survey released in September by the same polling company found that teens believe the strongest deterrent for texting and driving is being involved in a crash caused by texting, followed by knowing a teen involved in such a crash. In addition, more than 80 percent of the 650 teens surveyed in the study thought stronger penalties for texting and driving and more police enforcement would help decrease the behavior. Nevertheless, a November State Farm survey found that 68 percent of drivers age 18 to 29 continue to text and drive, up from 64 percent a year before. The study also found that 48 percent accessed the Internet on a phone, up from 43 percent a year ago.

Speeding: According to NHTSA’s National Center for Statistics and Analysis, among drivers involved in fatal crashes, young males are the most likely to be speeding. In 2011, 39 percent of male drivers age 15 to 20 who were involved in fatal crashes were speeding at the time of the crash; 37 percent of male drivers in the 21-to 24-year old age group involved in fatal crashes were speeding.

Drunk Driving: Underage drinking remains a factor in teenage highway fatalities. According to NHTSA, in 2011, 32 percent of drivers age 15 to 20 who were killed in motor vehicle crashes had been drinking some amount of alcohol; 26 percent were alcohol-impaired, meaning they had a blood alcohol content of 0.08 grams per deciliter or higher. The Insurance Institute for Highway Safety says that numerous studies since the 1970s show that when the drinking age is lowered, more people die in crashes. The National Highway Traffic Safety Administration reports that 533 lives of young people ages 18, 19 and 20 were saved by the minimum drinking age laws in 2011. Since 1975 about 28,765 lives have been saved by these laws.

The Centers for Disease Control and Prevention (CDC) released a study in October 2012 that showed that the percentage of young drivers who drink and drive has been reduced by half in two decades. The CDC said that in 2011, 10.3 percent of high school students age 16 and older reported drinking and driving in the previous 30 days, compared with 22.3 percent in 1991. The agency said the 54 percent decline was the result of stricter drunk driving laws and laws that restrict the hours teens can drive, along with a decline in driving itself, possibly due to the economy and higher gasoline prices. However, despite the decrease, nearly a million high school students admitted they consumed alcohol before driving in 2011.

According to NHTSA, drivers are less likely to use restraints when they have been drinking. In 2011, 57 percent of the young drivers of passenger vehicles involved in fatal crashes who had been drinking were unrestrained. Of the young drivers who had been drinking and were killed in crashes, 70 percent were unrestrained. In comparison, 49 percent of the non-drinking young drivers killed were unrestrained.

Mothers Against Drunk Driving (MADD) is one organization that has combated this problem for more than 20 years. It has been instrumental in organizing various campaigns to educate the public about the effects of driving while intoxicated. In addition, some insurance companies have sponsored initiatives and events that discourage underage drinking and drunk driving.

Seatbelt Use: The National Highway Traffic Safety Administration (NHTSA), tracks seatbelt use based on the National Occupant Protection Use Survey (NOPUS), which observes occupants driving through intersections controlled by stop signs or stop lights. In 2011 the survey found that 79 percent of passenger vehicle occupants age 16 to 24 used seat belts, the same rate as in 2010 but below the rates of 80 percent and 81 percent in 2008 and 2009, respectively. Seatbelt usage was lowest in this age group. Among drivers age 16 to 24 and passengers sitting in the front seat, the 2011 survey found that seatbelt usage was 80 percent if there were no passengers but that proportion fell to 78 percent if there were passengers of the same age. If there was at least one passenger older or younger than the group’s age, seatbelt usage was much higher, at 87 percent. (Occupant Restraint Use in 2011: Results from the National Occupant Protection Use Survey Controlled Intersection Study.)

Teenagers are less likely to wear safety belts even when their parents do, according to a survey conducted by the Insurance Institute for Highway Safety (IIHS) released in 2002. The report found that 46 percent of the teenagers who were dropped off at school by their parents were not wearing safety belts and in 8 percent of cases teens were using safety belts while the adult driver was not. The survey, conducted at 12 high schools in Connecticut and Massachusetts, focused on four groups: teen drivers, teen passengers in vehicles with teen drivers, teen passengers with adult drivers and adult drivers.

Distracted Driving: According to the National Highway Traffic Safety Administration (NHTSA), in 2011, 11 percent of all drivers 15 to 19 years old involved in fatal crashes were distracted at the time of the crash. Among the distracted drivers 15 to 19 years old, 21 percent were distracted by the use of cellphones at the time of the crash.

Auto Insurance Premium Discounts: Rates for auto insurance for teenage drivers are always higher than for other drivers because as a group they pose a higher risk of accidents than more experienced drivers. Adding a teenager to an insurance policy can mean a 50 percent or even a 100 percent increase in the parents’ insurance premium. Some insurance companies offer discounts for students with good grades. The Good Student Discount is generally available to students who have a grade point average of a B or higher. Many companies offer programs that foster safe driving habits, such as online safety courses for young drivers and parents, contracts between young drivers and parents, educational videos and practice driving logs.

courtesy of www.iii.org

Do I Have The Right Insurance Coverage For Potholes?

The good news is, yes, pothole damage is usually covered—providing you have collision coverage. Collision coverage, an optional portion of a standard auto insurance policy, covers damage to a car resulting from a collision with an object (e.g., a pothole, lamp post or guard rail), another car or as the result of flipping over. However, it does not cover wear and tear to a car or its tires due to bad road conditions.

Collision coverage is generally sold with a deductible—the higher your deductible, the lower your premium. Your collision coverage will reimburse you for the costs of repairing your car, minus the deductible.

Collision insurance is different from comprehensive insurance, which is also an optional coverage. Comprehensive coverage reimburses drivers for theft, vandalism, flooding and damage from fallen objects, such as trees.

A driver who hits another car, or a pedestrian, due to a pothole also will be covered by liability insurance, which is required to drive legally in every U.S. state except New Hampshire. Liability coverage applies to injuries that you, the policyholder or designated driver, cause to someone else.

Facts and Figures

Most motorists carry collision coverage on their vehicles. Indeed, 71 percent of U.S. drivers had collision coverage as of 2011, the most recent year for which the National Association of Insurance Commissioners (NAIC) has data.

The NAIC found that 76 percent of all drivers had comprehensive coverage in 2011.

courtesy of www.iii.org

Cheap Car Insurance in Wilmington, Winston Salem, and Asheville

Cheap car insurance from a reliable and independent agent

We all need insurance but we also want the cheapest car insurance possible. Able Auto and Cycle offers you just that. If you reside in Wilmington, Winston-Salem or Asheville you can contact them for best value insurance that fits your risk profile and suits your pocket.

Independent agents are able to offer you the best deals as they have access to multiple insurance companies and they can compare plans, negotiate terms and get the best rates possible. This way you will get the cheapest car insurance, the lowest homeowner’s premiums and the most cost-effective personal insurance possible.

Cheap insurance does not mean poor insurance. The agent simply finds you the best possible rates and premiums by comparing plans from different competing carriers. These are all top-rated carriers and your commercial insurance or personal insurance will be tailored to your needs. This way you do not pay for insurance you don’t need. You are still covered for your reasonable risks and your protection will be rock solid.

Whether you are involved in a collision, or your wheels get stoles, or a flood washes your car away, you can rely on cheap auto insurance from Able Auto to cover your ride and help you out when the wheels come off. You can also get cheap insurance for your personal assets including your home and contents. When you need cheap insurance to cover your vehicles, your properties, your content, your health, your life, your business or commercial interests, you need look no further than Able Auto and Cycle.

Whether you own a house in Wilmington or run a business in Asheville you need the right insurance for your personal and business needs. So if you want the cheapest car insurance in Winston-Salem or the most cost effective commercial insurance in Asheville, you know who to speak to.

Auto Insurance in Columbia, Florence, Darlington, Hartsville, and Sumter

Get the best price on a auto insurance Darlington Quote Today

Whether you drive a sedan in Darlington, a SUV in Columbia or a Harley in Florence, you need reliable and affordable auto insurance darlington quote. If you own and ride a motorbike you also need cost effective motorcycle insurance.

If you live in Darlington, Sumter, Elliot or anywhere in South Carolina you can get best value auto insurance and low cost motorcycle insurance from Able Auto and Cycle. As independent agents they work for you and ensure interests are looked after. They also able to offer the lowest insurance rates around since they have access to the best carriers and as a result they can compare prices and terms and select a policy that best fits your needs for auto insurance Darlington quotes.

auto insurance darlington

Now there are a few things you need to know about auto insurance Darlington policies. You face different risks so there are different plans to address these risks and you need to be sure you have the right plans in place so you are properly covered. Some of the daily risk motorists and bikers face include collision damage, storm damage, theft, fire, medical costs, emergency costs, alternative transport as well as possible liability claims.

Let’s say you collide with an uninsured driver’s vehicle – you cannot claim from the other drivers insurance since he or she is uninsured. Will your auto insurance cover the collision damage to the other vehicle?  What if your auto insurance Darlington policy does not cover uninsured motorists? What if some nasty thief steals your wheels? What if a flood sweeps your car away? What if someone else drives your car and crashes it?

There are many related questions and when it comes to auto and cycle insurance you should get professional advice from the people who know insurance and will take the time to understand your requirements. This way you get a auto insurance Darlington policy that covers you for your risk profile. This means you are covered and you don’t pay more for your car or bike insurance that you need to.

Cheapest Car Insurance in Asheville, Wilmington, and Winston Salem

Cheapest car insurance from an independent agent

Your automobile insurance is a critical part of your financial security and you need car insurance that is reliable and affordable. The cost of your insurance is a very important consideration and when you deal with a local and independent agent you they can find the cheapest car insurance without compromising reliability. If you live in Wilmington, Winston-Salem or Asheville you can find such an agent in Able Auto & Cycle.

Now you can get automobile insurance to match your lifestyle and your pocket.  It does not matter whether you drive a sedan, a 4×4, a SUV or a sports car, you can have car insurance that covers your vehicle and your liabilities. You can be confident that you will be adequately covered and not paying more for your car insurance than is necessary.

Your auto insurance does not have to be limited to your primary vehicle but can extend to cover other cars and vehicles you own. Your auto insurance can cover your cars, your camper van, your motorbike, your boat, your snowmobile, your boat and any other vessel or craft you own.

An independent agent will take time to consider your way of life and find the best car and liability insurance to match your needs. This will give you peace of mind knowing you are covered for important eventualities such as collision damage, auto theft, contents, storm damage, 3rd party claims and possible emergency and medical costs.

An independent agent does not work for the insurance company but bats for you and ensures your best interests are served and protected. Next time you take to the road you can enjoy the driving experience without worrying about car and automobile insurance. You don’t need to wonder whether you have too much or too little car insurance or whether you can get cheaper insurance elsewhere.

5 Tips To Buying A New Car

For many Americans, buying a new car is a stressful experience, and consumers are right to feel that way: The process is expressly designed by car dealers to separate you from as much of your money as possible. And if you don’t follow several basic rules, they’ll succeed in taking you to the cleaners.

True, there are exceptions to the rule — those rare dealerships that don’t pressure their customers or manipulate the car buying process to get the maximum possible profit from every sale. But you shouldn’t plan on being lucky. Instead, be prepared.

The car buying process is one of the most hardball consumer experiences in the United States, hence the sooner you recognize it, the more likely you’ll buy a new car for a reasonable price — not what the dealer wants you to pay.

The keys to getting a fair price are patience, preparation and perseverance.

1. Be Patient. If you are patient, you’re more likely to buy a car for a fair price. This is the most important rule of new car buying, but it’s amazing how many adults fail to obey this golden rule. Conversely, if you are not patient, the dealer will win.

Being patient, though, doesn’t mean waiting to buy a new car until your used car no longer functions and you desperately need transportation. Better to buy a new car when you don’t need one immediately, so you have the freedom to walk away from the dealer’s first, second, and even third offers. Negotiate from strength.

2. Know the Right Months. In the new car business, dealer showroom traffic varies seasonally. All other factors being equal, you want to be negotiating for your new car when showroom traffic is low. For this reason, the Christmas shopping period is an excellent time to scout new cars.

If your first response to that idea was “I wouldn’t want to look for a new car when I also have to shop for presents, make the rounds of holiday parties, etc.,” you’ve hit on precisely the reason it’s such a good time to hit the dealerships. Auto dealers can’t stand the period from Thanksgiving to Christmas, when their showrooms tend to get very quiet. Late September is perhaps the second best time start looking for a new car: New model year vehicles arrive, increasing dealer inventories at the same moment as they’re hit with a traffic lull from Americans returning to work and school. Dealers are more likely to lower their prices during these periods to generate sales than during high-traffic periods.

In the northern parts of the country, late January is the third best time to car shop. It’s the dead of winter, and many Americans considering buying a new car will put off the decision because they are weighed down with winter sluggishness and winter heating bills. That makes it a smart time to visit Mr. Lonely Car Salesman.

3. Know the Right Weeks. Don’t set a foot on a dealer lot until the third week of the month. Most auto salespeople make most of their pay from commissions. Hence, early in the month many “go for the jugular” — play hardball on the price at the risk of losing the sale — knowing that if they blow three or four leads by being too aggressive, they can make up for it in the second half of the month. You don’t want to be there for the aggressive period. You want the lonely, desperate-for-a-few-more-sales-to-have-a-decent-month auto salesperson. Also, never visit a dealership on a Saturday. That’s normally a high traffic day of the week.

4. Pay Cash. Obviously, this isn’t possible for all prospective car buyers: Financing for 48 months or 60 months often is a necessity. But cash rules. If you can skip the loan, your negotiating power increases substantially.

Here’s a hypothetical example: You’re evaluating a 2011 Ford Fusion (non-hybrid edition) (F) on the dealer’s lot with a manufacturers’ suggested retail price of $26,895. You tell the salesperson on your second visit that you’re prepaid to write out a check for $17,000.

The salesperson’s likely response will be something on the order of: “You’re crazy. You’re nuts. What are you talking about? That wouldn’t even cover our costs.”

At that point, leave your card with a number for him to call you the next day if he reconsiders, and leave.

If that salesperson doesn’t call back, start reviewing cars at another dealership in the area.

Odds are, however, that salesperson — the one who a day earlier implied that you needed psychiatric help — will call you back, at which point you can start negotiating from your $17,000 cash base. You’re much more likely to get that Fusion for $20,000 — or even less — by paying cash.

Similarly, the larger your down payment, the stronger your leverage with regard to financing. If, after suggesting a $10,000 deposit on the 2011 Ford Fusion, the dealer offers a financing rate that is high, again, leave your card and number, and move on to the next dealer. Odds are, you’ll eventually get a more reasonable auto loan, even if the first dealer doesn’t call you back.

5. Be Prepared to Walk Away at Least Twice. Here again, you have to exercise your “no” muscle. The salesperson will tell you: “This is our final offer, our best offer,” or “It’s as low as we can go, we’re losing money on the deal.” But know that when they says this, there are one or two lower offers below it. Never accept a salesperson’s first or second offer. After you reject the first, the dealership invariably will call you back. If it doesn’t, as noted before, move on to the next one. If you don’t haggle and negotiate, you’re playing in to the dealer’s hand.

You’re in the Driver’s Seat

There are exceptions to the above rules. Vehicles that are in high-demand — including luxury cars, sports cars, hybrids, and trendy vehicles — tip some of the power back toward the dealership. Don’t expect to negotiate a low or even fair price for a Toyota Prius or a Chevrolet Corvette. But those vehicles are the exceptions.

The new car buying process is harsh, and a stamina test. It’s designed to wear you down, get you to panic, and give in to the dealer on price. But for the most part, if you shop with patience, preparation, and perseverance, you can beat the dealership at its own game.
courtesy of www.dailyfinance.com

Make sure that once you have picked out your new car, give your insurance company a call to insure you have the right coverage!!

Dui Insurance for Asheville, Wilmington, and Winston Salem

DUI and cycle insurance you can count on

Riding or driving under the influence is a risky business and apart from the accident risk, you can face heavy penalties if you are caught. Your driving record is an important factor in your eligibility for cycle insurance and also affects the cost of your auto insurance. After a DUI conviction, insurance companies will also perceive you as high risk and raise your cycle insurance and dui insurance premiums. In some cases they may even cancel your coverage altogether.  After a DUI offence it can be more difficult to obtain affordable cycle and auto insurance.

If you ride a motorbike in Wilmington, Winston-Salem or Asheville, Able Auto & Cycle can assist you with best value DUI and cycle insurance. Whether you call it DWI (driving while intoxicated) or DUI (driving under the influence) does not matter much. What matters is that you have proper cycle and affordable auto insurance after a DUI offence. DUI insurance does not cover you for drunken driving; it is insurance that applies after you are convicted of a DWI offence.

After a DUI offence you will still need auto or cycle insurance before you can get back on the road.  If you are a first time offender, Able Auto & Cycle can get you that all important cycle insurance you need to ride your bike again.  As independent brokers they have access to the best insurance carriers country wide and can negotiate the best possible terms and conditions for your situation.

Whether you have a DUI offence or not you need reliable and trusted cycle insurance that you can rely on to protect your ride and your liabilities. You need to be sure you are covered for damages to your motorbike as well as damage to 3rd party property. In addition you want to be covered in the event of theft or damage as a result of some disaster or unexpected event. You also want to be covered for medical costs as well as 3rd part liability claims.  A smart thing will be to speak to the experts who understand insurance and how DUI offences can impact your coverage and costs.

Highway Safety

LIVES SAVED BY SAFETY DEVICES
Airbags: Airbags are designed to inflate in moderate to severe frontal crashes. The National Highway Traffic Safety Administration (NHTSA) says that frontal airbags saved 2,204 lives in 2011. Airbags, combined with seatbelts, are the most effective safety protection available for passenger vehicles. Seatbelts alone reduce the risk of fatal injury to front-seat passenger car occupants by 45 percent. The fatality-reducing effectiveness for airbags is 14 percent when no seatbelt is used and 11 percent when a seatbelt is used in conjunction with airbags. Side airbags, which protect the head, chest and abdomen, reduce driver deaths by an estimated 37 percent, according to the Insurance Institute for Highway Safety (IIHS).
Seatbelts: Among passenger vehicle occupants over the age of four, seatbelts saved an estimated 11,949 lives in 2011 and 292,471 lives from 1975 through 2011. In fatal crashes in 2011, 77 percent of passenger vehicle occupants who were totally ejected from the vehicle were killed.
Child Safety Seats: NHTSA says that in 2011 the lives of an estimated 263 children under the age of five were saved by restraints.
Motorcycle Helmets: NHTSA estimates that helmets saved the lives of 1,617 motorcyclists in 2011. If all motorcyclists had worn helmets, an additional 703 lives could have been saved.
Helmets are estimated to be 37 percent effective in preventing fatal injuries to motorcycle riders and 41 percent for motorcycle passengers. In other words, for every 100 motorcycle riders killed in crashes while not wearing a helmet, 37 of them could have been saved had all 100 worn helmets.

MOTOR VEHICLE CRASHES

The estimated cost of motor vehicle crash-related deaths, injuries and property damage was $276.6 billion in 2012, a 5 percent increase from 2011, according to provisional data in an April 2013 report by the National Safety Council (NSC). The costs include wage and productivity losses, medical expenses, administrative expenses, employer costs and property damage. The number of motor vehicle deaths rose by 5 percent in 2012, according to the NSC. This would mark the first annual increase since 2005. There were an estimated 11.49 motor vehicle crash deaths per 100,000 population in 2012, an increase of 4 percent from the 2011 rate. The estimated annual mileage death rate was 1.23 deaths per 100 million vehicle miles traveled in 2012, an increase of 4 percent from the 2011 rate. (Note: National Safety Council figures are not comparable to National Highway Traffic Safety Administration (NHTSA) figures below. The NSC counts both traffic and non-traffic deaths that occur within a year of the accident, while NHTSA counts only traffic deaths that occur within 30 days.)

According to the U.S. Department of Transportation’s National Center for Statistics and Analysis of the National Highway Traffic Safety Administration (NHTSA, http://www.nhtsa.dot.gov), in 2012, 33,561 people died in motor vehicle crashes, up 3.3 percent from 32,479 in 2011. 2012 marked the first year-to-year increase in motor vehicle crash fatalities since 2005. Vehicle miles traveled in 2012 increased 0.3 percent, and the fatality rate per 100 million miles traveled is estimated to have increased to 1.14 fatalities, compared with 1.10 fatalities in 2011. NHTSA property damage figures shown below are based on accidents reported to the police and do not include fender bender accidents.

A statistical projection released by the U.S. Department of Transportation’s National Center for Statistics and Analysis of the National Highway Traffic Safety Administration (NHTSA, http://www.nhtsa.dot.gov) shows that motor vehicle crash fatalities for the first half of 2013 fell about 4.2 percent from a year ago. Crash fatalities have been steadily decreasing since a significant increase was recorded in the first quarter of 2012.
According to the National Highway Traffic Safety Administration, vehicle occupants accounted for 67 percent of traffic deaths in 2012. Motorcycle riders accounted for 15 percent. Pedestrians accounted for another 14 percent; pedalcyclists and other nonoccupants accounted for the remainder.
MOTOR VEHICLE CRASHES BY TIME OF YEAR

Traffic fatalities spike during different periods.
In 2011 July had the most crash fatalities, February had the least, according to data from the National Highway Traffic Safety Administration (NHTSA).
The beginning of daylight savings is linked to an increased in auto accidents, according to an analysis by the University of British Columbia and a study by researchers at John Hopkins and Stanford University.
Holidays are generally a time of increased travel. In 2011, Independence Day was the holiday with the most motor vehicle deaths (405), followed by Memorial Day (389), Thanksgiving Day (375), Labor Day (373), New Year’s Day (304), and Christmas Day (256). See chart below.
Fifty more people on average die in traffic crashes during Thanksgiving week than during other weeks of the year, according to a University of Alabama study. Speeding, alcohol, time of day and weather, factors that affect crashes all year, are exaggerated during the holiday.
In 2011, 50 percent of crash deaths occurred on Friday, Saturday or Sunday, according to NHTSA.
courtesy of www.iii.org

Auto Insurance for Wilmington and Car Insurance Asheville

Reliable auto and car insurance keeps your ride financially safe

Whether you live in Wilmington, Winston-Salem, Asheville or any other town or city in North Carolina, you need proper auto insurance that covers your vehicles for common threats and risks. Proper car insurance protects your financial interests in the event of a collision, storm damage, theft and many other possible misfortunes.  You also need auto insurance that will cover your liabilities in the event that you are sued for damage or injury to another person or entity. You also don’t want to pay for insurance options you don’t need and you don’t want to pay more than is needed.

What it comes down to is that you want car insurance that is tailored to your needs and that is affordable and reliable. This is the kind of insurance you get when you deal with Able Auto Insurance. They serve the communities of North Carolina, from Wilmington to Asheville, with trusted, reliable and cost effective vehicle insurance. Now you can have all your vehicles properly insured, from your luxury sedan to your motor cycle. Proper auto insurance extends to most types of vehicle and craft, including motor cars, motor bikes, motor homes, boats and water craft.

There is always more to insurance than meets the eye, and auto insurance is no exception. You also need to be sure your car insurance covers your damage, third party damage as well as valuable contents inside your vehicle that could get stolen or damaged. Then you also need to consider medical expenses in the event of injury, costs of emergency services, costs of alternative transport and related matters.  If you are not the only driver of your vehicle you need to be sure your insurance will cover you when others drive your car, motor bike, boat or motor home. Speak to the professional auto insurance people so you can be confident you and your ride is protected in case misfortune goes along for the drive.

Save Money On Your Insurance The Right Way!

Trimming ongoing expenses is a popular New Year’s resolution for many people. While there are smart ways to save on homeowners and auto insurance, making the wrong choices can result in being dangerously underinsured, according to the Insurance Information Institute (I.I.I.).

“There are simple steps you can take to cut the cost of your home and auto insurance while continuing to be financially protected against a catastrophe,” said Jeanne M. Salvatore, senior vice president and consumer spokesperson for the I.I.I.

Following are five insurance mistakes that consumers should avoid, along with practical suggestions for ways to save money:

1. Insuring a home for its real estate value not rebuilding cost. The amount for which you can buy or sell a home can fluctuate for many reasons. But insurance is designed to cover the cost of rebuilding your home, not the sale price. Make sure you have enough coverage to completely rebuild your home and replace all your belongings in the event of a disaster.

A better way to save on homeowners premiums: Raise your deductible. An increase from $500 to $1,000 could save up to 25 percent on your annual premium. And don’t forget to ask your insurer about all available discounts.

2. Selecting an insurance company by price alone. You want an insurance company that offers the type of policy and coverage that you are looking for; it should also be financially sound and provide excellent customer service.

A savvier way to pick an insurer: Ask friends and family for recommendations. Get the names of local agents and/or insurance companies that provided helpful information and a satisfactory claims filing experience.

3. Dropping flood insurance. Damage from flooding is not covered under standard homeowners and renters insurance policies. Even though the cost of flood insurance is rising, don’t be tempted to drop this coverage. Ninety percent of all natural disasters involve some form of flooding. Flood insurance is available from the National Flood Insurance Program (NFIP), as well as from some private insurance companies.

A smarter way to lower flood insurance costs: Before purchasing a home check with the NFIP to see whether the house is located in a flood zone. If so, consider buying a home in a less risky area. If you already own a home and it is in a flood zone, you still have some options: increasing your deductible; and elevating the structure. There may be grants available to help you with the costs of elevation—to find out more, talk to your community officials. You may also want to talk to your community officials about joining or improving their status in the Community Rating System. This is a FEMA program that offers flood discounts to communities that adopt standards that are higher than those required to join the National Flood Insurance Program.

4. Purchasing only the legally required amount of liability for your vehicle. In today’s litigious society, buying only the minimum amount of liability means you are likely to pay more out-of-pocket if you are sued—and those costs may be steep. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident.

A less risky way to cut auto insurance costs: Consider taking a defensive driver class that would offer a discount on insurance cost. You can also raise the deductible on comprehensive and collision coverage. If you are driving an older vehicle (worth less than $1,000) you may want to think about dropping one or both of these coverages.

5. Neglecting to buy renters insurance. The average renters insurance policy is less than $200 per year ($187 dollars a year) or about $22 per month. For the price of a couple of fancy coffees a week, you can insure the contents of your apartment, as well as get liability protection in the event someone is injured in your home and decides to sue. Lastly, renters insurance policies also provide coverage for additional living expenses—so if you can’t live in your home because of a fire or other disaster, you would get the money to live elsewhere temporarily.

A good way to cut the cost of renters insurance: Look into multi-policy discounts. Buying several policies with the same insurer, such as renters, auto and/or life insurance, will generally provide savings.

Courtesy of www.iii.org

Every Wondered How Much Life Insurance You Should Have?

In most cases, if you have no dependents and have enough money to pay your final expenses, you don’t need any life insurance.

If you want to create an inheritance or make a charitable contribution, buy enough life insurance to achieve those goals.

If you have dependents, buy enough life insurance so that, when combined with other sources of income, it will replace the income you now generate for them, plus enough to offset any additional expenses they will incur to replace services you provide (for a simple example, if you do your own taxes, the survivors might have to hire a professional tax preparer). Also, your family might need extra money to make some changes after you die. For example, they may want to relocate, or your spouse may need to go back to school to be in a better position to help support the family.

You should also plan to replace “hidden income” that would be lost at death. Hidden income is income that you receive through your employment but that isn’t part of your gross wages. It includes things like your employer’s subsidy of your health insurance premium, the matching contribution to your 401(k) plan, and many other “perks,” large and small. This is an often-overlooked insurance need: the cost of replacing just your health insurance and retirement contributions could be the equivalent of $2,000 per month or more.

Of course, you should also plan for expenses that arise at death. These include the funeral costs, taxes and administrative costs associated with “winding up” an estate and passing property to heirs. At a minimum, plan for $15,000.

Other sources of income

Most families have some sources of post-death income besides life insurance. The most common source is Social Security survivors’ benefits.

Social Security survivors’ benefits can be substantial. For example, for a 35-year-old person who was earning a $36,000 salary at death, maximum Social Security survivors’ monthly income benefits for a spouse and two children under age 18 could be about $2,400 per month, and this amount would increase each year to match inflation. (It drops slightly when the survivors are a spouse and one child under 18, and stops completely when there are no children under 18. Also, the surviving spouse’s benefit would be reduced if he or she earns income over a certain limit.)

Many also have life insurance through an employer plan, and some from another affiliation, such as through an association they belong to or a credit card. If you have a vested pension benefit, it might have a death component. Although these sources might provide a lot of income, they rarely provide enough. And it probably isn’t wise to count on death benefits that are connected with a particular job, since you might die after switching to a different job, or while you are unemployed.

A multiple of salary?

Many pundits recommend buying life insurance equal to a multiple of your salary. For example, one financial advice columnist recommends buying insurance equal to 20 times your salary before taxes. She chose 20 because, if the benefit is invested in bonds that pay 5 percent interest, it would produce an amount equal to your salary at death, so the survivors could live off the interest and wouldn’t have to “invade” the principal.

However, this simplistic formula implicitly assumes no inflation and assumes that one could assemble a bond portfolio that, after expenses, would provide a 5 percent interest stream every year. But assuming inflation is 3 percent per year, the purchasing power of a gross income of $50,000 would drop to about $38,300 in the 10th year. To avoid this income drop-off, the survivors would have to “invade” the principal each year. And if they did, they would run out of money in the 16th year.

The “multiple of salary” approach also ignores other sources of income, such as those mentioned previously.

A simple example

Suppose a surviving spouse didn’t work and had two children, ages 4 and 1, in her care. Suppose her deceased husband earned $36,000 at death and was covered by Social Security but had no other death benefits or life insurance. Assume the surviving spouse is 36.

Assume that the deceased spent $6,000 from income on his own living expenses and the cost of working. Assume, for simplicity, that the deceased performed services for the family (such as property maintenance, income tax and other financial management, and occasional child care) for which the survivors will need to pay $6,000 per year. Assume that the survivors will have to buy health insurance to replace the coverage the deceased had at work, and that this will cost $12,000 per year.

Taken together, the survivors will need to replace the equivalent of $48,000 of income, adjusted each year for an assumed 4 percent inflation.

Thanks to Social Security, the survivors would need life insurance to replace only about $1,700 per month of lost wage income (adjusted for inflation) for 14 years until the older child reaches 18; Social Security would provide the rest. The survivors would need life insurance to replace about $2,100 per month (adjusted for inflation) for three more years when the non-working surviving spouse has only one child under 18 in her care.

The life insurance amount needed today to provide the $1,700 and $2,100 monthly amounts is roughly $360,000. Adding $15,000 for funeral and other final expenses brings the minimum life insurance needed for the example to $375,000.

What’s left out?

The example leaves out some potentially significant unmet financial needs, such as

The surviving spouse will have no income from Social Security from age 53 until 60 unless the deceased buys additional life insurance to cover this period. It could be assumed that the surviving spouse will obtain a job at or before this time, but she could also become disabled or otherwise unable to work. If life insurance were bought for this period, the additional amount of insurance needed would be about $335,000.
Some people like to plan to use life insurance to pay off the home mortgage at the primary income earner’s death, so that the survivors are less likely to face the threat of losing their home. If life insurance were bought for this goal, the additional amount of insurance needed is the amount of the unpaid balance on the mortgage.
Some people like to provide money to pay to send their children to college out of their life insurance. We may assume that each child will attend a public college for four years and will need $15,000 per year. However, college costs have been rising faster than inflation for many decades, and this trend is unlikely to slow down. If life insurance were bought for this goal, the additional amount of insurance needed would be about $200,000.

In the example, no money is planned for the surviving spouse’s retirement, except for what the spouse would be entitled to receive from Social Security (about $1,200 per month). It could be assumed that the surviving spouse will obtain a job and will either participate in an employer’s retirement plan or save with an IRA, but she could also become disabled or otherwise unable to work. If life insurance were bought to provide the equivalent of $4000 per month starting at age 60 until 65 and $3,000 per month from 65 on (because at 65 Medicare will make carrying private health insurance unnecessary), the additional amount of insurance needed would be about $465,000.

Courtesy of www.iii.org

Motorcycle Insurance for Winston Salem and Wilmington NC

Motorcycle insurance good and proper

Insurance can be complex and confusing to the normal man in the street and motorcycle insurance is no exception. Whether you have a Harley, Yamaha or Suzuki you need proper motorcycle insurance to cover you and your ride. Whether you ride in Wilmington, Winston-Salem or Asheville you need motorbike insurance that is affordable and fits your needs and risk profile. You also want premiums based on no pints and can get this type of motorcycle insurance Able Insurance in North Carolina.

There are minimum insurance cover required by law, such as liability insurance and uninsured driver insurance. However if you want peace of mind and the knowledge that your properly covered for your risk profile, you should get more comprehensive cover. Your motorbike insurance should cover you in the event of collision damage, storm damage, theft or vandalism. In addition you can also get liability insurance that will cover in the event that your actions cause in damage or injury to others. You also want to know that your bike insurance is good and proper and won’t let you down when the wheels come off. That is why is makes sense to deal with an independent insurance agency that source low cost and reliable insurance from top carriers across the country.

There are many scenic rides in Carolina and with endless routes it is no wonder you want to be on your bike as much as possible. However riding a motorbike always carries risks and you should not take a chance without reliable and cost effective cycle insurance that will cover you if and when things go wrong.  There are of course basic things you should to safeguard yourself and others whilst riding. These include wearing a helmet, proper eye protection and the use of your motorbike headlights. Further than that take proper motorcycle insurance along for the ride and you can have peace of mind knowing you and your ride are covered.

Severe Cold Weather Survival Tips

Much of the country periodically experiences severe and sustained cold weather, with snowfalls interspersed with periods of melting and freezing. This can inflict considerable damage on homes.

Here are some tips and steps you can take to keep your home safe and make insurance losses less likely during extended severe weather.
Keep sidewalks and entrances to your home free from snow and ice.
Watch for ice dams near gutter downspouts. Keep gutters free of leaves and debris so melting snow and ice can flow freely. Ice dams can cause water to build up and seep into your house.
Keep the house heated to a minimum of 65 degrees. The temperature inside the walls where the pipes are located is substantially colder than the walls themselves. A temperature lower than 65 degrees will not keep the inside walls from freezing.
Identify the location for the main water shutoff in your home. Find out how it works in case you have to use it.
Open hot and cold faucets enough to let them drip slowly. Keeping water moving within the pipes will prevent freezing.
If you own a swimming pool and temperatures are expected to dip below freezing, run the pool pump at night to keep the water flowing through the pipes.
If you haven’t already, make sure all hoses are disconnected from outside spigots.
If your garage is attached to your house, keep the garage doors closed. The door leading to the house is probably not as well-insulated as an exterior door.
If ice forms on tree limbs, watch for dead, damaged or dangerous branches that could break and fall because of ice, snow or wind and damage your house, a car, or injure someone walking near your property.
If you use fireplaces, wood stoves and electric heaters, watch them closely and make sure they are working properly.
Remember to close the flue in your fireplace when you’re not using it.
If you have to leave your home on a trip, ask a neighbor to check the house regularly. If there is a problem with frozen pipes or water leakage, attending to it quickly could mean far less damage.
If you plan to be away for an extended period of time (or if temperatures are expected to remain below freezing), have the water system, including pool plumbing, have the water system drained by a professional to keep pipes from freezing or bursting.

A Worst-Case Scenario
If you discover that pipes are frozen, don’t wait for them to burst. Take measures to thaw them immediately, or call a plumber for assistance.
If your pipes burst, first turn off the water and then mop up spills. You don’t want the water to do more damage than it already has.
Call your agent or company as soon as you can. An insurance adjuster doesn’t need to see the spill before you take action. However, he or she will want to inspect any damaged items.
Make temporary repairs and take other steps to protect your property from further damage. Remove any carpet or furniture that can be further damaged from seepage.
Make a list of the damaged articles.
Save the receipts for what you spend—including additional living expenses if you must leave your home until repairs are completed—and submit them to your insurance company for reimbursement.

Standard homeowners policies will cover most of the kinds of damage that result from a freeze. For example, if house pipes freeze and burst or if ice forms in gutters and causes water to back up under roof shingles and seep into the house. You would also be covered if the weight of snow or ice damages your house.

However, most policies do not cover backups in sewers and drains or flood damage, which can also happen in winter. To be covered for flooding, you need a policy from the National Flood Insurance Program, while coverage for sewers and drains is generally offered as an endorsement to a standard homeowners insurance policy.

If your home suffers water damage, it is important to make sure that it is properly dried and repaired to prevent any potential problem with mold. Remember, mold can not survive without moisture.

Check with your agent or company so you’ll be sure what your policy covers.

Courtesy of www.iii.org

Super Bowl is right around the corner. Want to rent out your house? Read this first!

Homeowners looking to score a windfall by renting out their residence to Super Bowl ticket holders next February should first contact their insurer, according to the Insurance Information Institute (I.I.I.)

Courtesy of www.iii.org

“Before renting out all or part of your home, tell your insurer about your plans to make sure you’re covered if your property is damaged or if someone is injured,” said Jeanne M. Salvatore, senior vice president, Public Affairs, and consumer spokesperson for the I.I.I.

The Super Bowl is being held on Sunday, February 2, 2014, at MetLife Stadium in East Rutherford, New Jersey, eight miles west of mid-town Manhattan. The market for properties near the Stadium is booming on peer-to-peer rental websites as New Jersey and New York homeowners angle to receive their own version of a playoff bonus with thousands traveling to the region for the NFL’s championship game. Short-term rental prices for homes typically soar when the Super Bowl or other high-profile sporting events come to town.

Some insurance companies may allow policyholders to use their property as a rental for a one-time, special occasion like the Super Bowl, as long as the insurer is informed about it ahead of time. Other insurers, while allowing this type of arrangement, may insist on other criteria being met, such as the homeowner acquiring additional insurance coverage.

Keep in mind that there are some insurers who will consider any rental of your home to be a business venture, requiring the purchase of a business policy—specifically either a hotel or a bed and breakfast policy—because a standard homeowners insurance policy excludes losses arising from the operation of a business.

“Technological advances have allowed for the growth of the sharing economy” said Salvatore. “But, if you participate, it is your responsibility as a property owner to make sure you’re adequately covered.”

DUI Insurance for the people of Wilmington and Winston-Salem

Get Back On The Road Get Your Dui Insurance Wilmington Policy Today!

When you ride a motorbike you will definitely need cycle insurance to protect your valuable asset and your financial interests. Motorcycle ownership carries its own specific risks and you need to be sure you are covered for those eventualities and misfortunes that lurk in unseen places and strike at unexpected times such as needing a dui insurance winston salem policy.

Now if you have a DUI (Driving under the Influence) record, your insurance options can become even more difficult and challenging. Well the team at Able Auto & Cycle Insurance can help. They have served the people of Wilmington, Winston-Salem, Asheville for many years and they know where and how to find the right dui insurance wilmington policy for you. Whether you need auto insurance, cycle insurance or even dui insurance, you know you will get the best deal that adequately covers your risk profile.

Nobody wants to pay more for car insurance, motorbike insurance, collision insurance or dui insurance than they need to. On the other hand you don’t just want to take out any old policy just to find out at the last minute that there is a problem. Cycle and dui insurance wilmington quotes are complex fields and there are many legal requirements, options and variations.  It’s not only collisions, theft and fire you need to worry about. There is also liability, medical costs, uninsured drivers, emergency response and various other scenarios that are possible.

If you are not properly insured for these things you can find yourself in all sorts of financial and legal difficulties. So better to speak to dui insurance winston salem policy experts you can trust and have the peace of mind knowing you are not alone when misfortune goes along for the ride.  When you have an accident or some crook steals your ride or you suffer loss at the hands of nature, you want to be sure you are financially and legally covered.

Christmas Tree Safety Tips

Each year, fire departments respond to an average of 210 structure fires caused by Christmas trees. Carefully decorating Christmas trees can help make your holidays safer.

Picking the tree
•If you have an artificial tree, be sure it is labeled, certified, or identified by the manufacturer as fire retardant.
•Choose a tree with fresh, green needles that do not fall off when touched.

Placing the tree
•Before placing the tree in the stand, cut 1″ – 2″ from the base of the trunk.
•Make sure the tree is at least three feet away from any heat source, like fireplaces, radiators, candles, heat vents or lights.
•Make sure the tree is not blocking an exit.
•Add water to the tree stand. Be sure to add water daily.

Lighting the tree
•Use lights that have the label of an independent testing laboratory. Some lights are only for indoor or outdoor use, but not both.
•Replace any string of lights with worn or broken cords or loose bulb connections. Connect no more than three strands of mini string sets and a maximum of 50 bulbs for screw-in bulbs. Read manufacturer’s instructions for number of LED strands to connect.
•Never use lit candles to decorate the tree.
•Always turn off Christmas tree lights before leaving home or going to bed.

After Christmas
•Get rid of the tree when it begins dropping needles. Dried-out trees are a fire danger and should not be left in the home or garage, or placed outside against the home. Check with your local community to find a recycling program. Bring outdoor electrical lights inside after the holidays to prevent hazards and make them last longer.

Auto Insurance, Even Cheap Car Insurance is Good!

Automobile insurance, cheap car insurance protects your ride

When you crash or your car or some other idiot crashes into you, you certainly want automobile insurance that will pay for the damage. It can be a lot of money even if it’s just a fender-bender. And if you don’t have car insurance you can find yourself in lots of trouble. When you have to drive and navigate the busy streets of cities such as Wilmington and Asheville there are plenty of things that can go wrong.

But it’s not only accidents and crashes that you should be worried about. You need to park your car somewhere and there often bad people such as car thieves around. When some punk drives off with your ride, well that can really spoil your day. Cars get stolen in places like Winston-Salem, Asheville and Wilmington.

Now if you have cheap car insurance from an independent agency such as Able Auto and Cycle Insurance, things won’t be so bad. They help settle your claim quickly and will have you back on the road in no time at all.  They will also see that you are covered for other setbacks and possible losses, such as medical fees, breakdown and retrieval, alternative transport, public liability and 3rd party claims. All those important things that can go wrong, things we don’t often think about.

When you live in North or South Carolina, you don’t want to risk it on the roads without reliable and affordable car and auto insurance.  And by law you need at least some insurance to cover damages and injury to others. You don’t want to be on the wrong side of the law and don’t want to face huge losses because you were penny wise and pound foolish.

The team at Able and Auto will see to it that it does not happen to you. With affordable and cheap car insurance you will still be financially protected for mishaps and misfortunes on the highways and byways.

 

NCDOI Approves Rates for BCBSNC Plans for Re-enrollment

RALEIGH — Insurance Commissioner Wayne Goodwin today announced that the North Carolina Department of Insurance has approved rates that allow Blue Cross and Blue Shield of North Carolina to offer policyholders a chance to re-enroll for another year in individual health plans that were facing cancellation.

After an expedited rate review, NCDOI approved the rate changes as filed by BCBSNC on Nov. 19. Effective Jan. 1, 2014, there will be rate increases of 16.4 percent for Blue Advantage plans, an average 22 percent for Blue Value plans and 23.6 percent for Blue Saver and Blue Options HSA plans.

The filing was a result of a federal transitional policy that allows insurers to offer policyholders whose health insurance coverage would otherwise be terminated the opportunity to keep their current plan for another year.

NCDOI is placing priority on this type of filing in order to help provide more health insurance options to North Carolinians in 2014. Goodwin ordered an expedited review process due to concerns that people may experience a gap in coverage if their current plan is terminated and they are not able to purchase coverage through the troubled federal health exchange in a timely manner. In the expedited review process, NCDOI focuses on identifying potential errors in the filing and analyzes medical trend and claims experience.

Goodwin recommends that North Carolinians take the time to shop around and compare the costs and benefits of all health insurance plans available. People can compare coverage and find out if they are eligible for federal subsidies on the federal exchange website www.healthcare.gov. Those who are not eligible for a subsidy can purchase coverage through the federal exchange or from insurance companies offering coverage outside the exchange.

If all the health insurance hoopla still has you confused..feel free to give us a call 24/7 with any questions! Leave the stresses of insurance to us!

Asheville, Wilmington, Winston-Salem Cycle Insurance Tips

Are You Building Your Motorcycle From Scratch?

Motorcycle Insurance Asheville: If you’ve decided it is time to have your motorcycle super-personalized, or if you are building a motorcycle from scratch, here are some things you might be missing.

Whether you like the rock star hotrods or the muscle-bikes with hundreds of horse power on board, you are going to spend a considerable amount of money in the building and customization process. There are a lot of talented people who can take your motorcycle from zero to hero, but there are also some things which depend entirely on you.

Or like motorcycle insurance, for example.

How much do you plan on spending on this project? Is motorcycle insurance on your list? If not, then it is high time to re-evaluate your priorities.

Since you are going to put a lot of money in your bike, you will want to know it is insured against theft, accidents or vandalism. If you’re from Wilmington, Winston-Salem or Asheville, you can contact several insurance companies like Able Auto Insurance and ask for a quote.

There are various types of motorcycle insurance, but they sure do come in handy when we’re talking about a customized bike.

If you already have an insurance policy for your motorcycle, here are some indicators that you should have your policy re-evaluated and updated:

-          You have recently had your motorcycle renovated – by this we mean that you had it repainted, you added extra horse power, you changed the saddle, you changed its breaking system, whatever. If you improved your motorcycle in any way, it is time to update your motorcycle insurance as well.

-          It has been more than a year since you signed for your policy.

-          You are thinking about selling your bike

You have just bought your motorcycle and you want to customize it

Getting Car Insurance in Wilmington

Car Insurance Policies Might Differ If You Are A Woman

Car Insurance Wilmington: Should car insurance policies be the same for men and women alike?

If your answer to that question is “Yes”, the insurance companies might not agree with you. If you run a simple search online for “car insurance for women” in Wilmington, Winston-Salem or Asheville, you might be surprised at the great variety of options you are given.

But before you accuse the insurance companies of being sexist, you might want to evaluate the reasons why these kinds of policies exist. Women drivers make the same amount of claims as male drivers. But… there are some differences.

First of all, take into consideration that women have less convictions than men.

Then we also must take into account the fact that women make claims which are cheaper than those men do.

So far, you see why women are winning the sympathy of insurance agencies.

This is the reason why many insurance companies from all over the world – USA included – decided that the costs of insurance for women should be cheaper. If you are a woman, you are probably going to like this news.

Of course, some people do not agree with the difference in costs. Some argue the price of a policy should be decided by safety statistics, but there are also a lot of people who claim that the costs should be the same.

But while everyone is aware that you can’t generalize (not all men are reckless at the wheel and not all women have superficial accidents), it seems that insurance companies prefer to make their decisions based on the statistics they get. And so far, women are putting money aside on their car insurance policies.

Ignition Lock Tied to Seat Belt?!

A U.S. regulator’s offer to relax auto safety rules for manufacturers that install technology to prevent drivers from starting a car unless seatbelts are fastened drew swift opposition from safety advocates.

Cars featuring so-called seatbelt interlock devices would be given relief from U.S. design requirements that prevent injuries to unbelted passengers, National Highway Traffic Safety Administration chief David Strickland said on a conference call yesterday.
That resulted in criticism from Clarence Ditlow, executive director of the Center for Auto Safety, a Washington-based consumer group that advocates for tougher safety regulations.

“We are opposed to reducing the structural integrity of motor vehicles,” Ditlow said in an interview. “This is a tried and proven safety standard. It saves lives.”

If there were a way to verify that all car passengers were wearing seatbelts, automakers might be able to remove some structural steel, Strickland said. That would help the industry meet requirements to boost fuel economy, among other things, he said.

Strickland proposed the trade-off yesterday to get the technology into the U.S. fleet faster than by regulation. The seatbelt devices were one of three promising technologies NHTSA wants to induce automakers to adopt as soon as possible to save the most lives.

Seatbelt interlock technology has been around for decades. A push to require the systems in 1974 was so unpopular that Congress passed a law banning their installation a year later.

The U.S. surface-transportation law approved last year allows NHTSA to consider allowing vehicle manufacturers to count interlocks toward satisfying crash-test requirements, the agency said in a statement yesterday. NHTSA is looking at ways to make the systems tamper-proof and reliable.

‘Voluntary Route’

U.S. seatbelt usage would increase with adoption of interlock technology from 86 percent to almost 100 percent, according to NHTSA. When the agency first proposed mandatory interlocks in the 1970s, belt usage was 28 percent, according to a fact sheet from Public Citizen, a Washington-based consumer group.

“There are lots of reasons a manufacturer would find it advantageous to go the voluntary route,” Strickland said.

Wade Newton, a spokesman for the Alliance of Automobile Manufacturers, a Washington-based trade group, said companies are reviewing the proposal. Automakers have a long track record on working to increase seatbelt use, he said.

“We’ve spent a lot of resources building up safety belt use awareness and advocating for safety belt laws,” Newton said.

Alcohol Detection

NHTSA included the seatbelt proposal with two other technologies it’s pushing the auto industry to adopt.

Alcohol-detection systems would prevent drivers from starting cars if their blood-alcohol levels exceeded the legal limit, the agency said. In 2012, 10,322 people were killed in drunken-driving crashes, according to NHTSA. It didn’t specify whether incentives would be created for automakers to install the technology.

NHTSA officials have said sensors that help alert drivers to impending frontal crashes may save a significant number of lives. Some systems automatically apply brakes to avoid collisions or reduce crash severity. The agency may propose rules on ways to induce automakers to include the crash- avoidance systems in the U.S. fleet.

Automakers have expressed interest in voluntarily adding seatbelt interlocks, Strickland said. The car redesigns wouldn’t result in a lower degree of safety, he said.

“We have all the confidence that there won’t be backsliding,” Strickland said. “I feel very bullish about the engineering on this.”

Do I Have Enough Insurance Coverage?

Almost every state requires you to buy a minimum amount of liability coverage. Chances are that you will need more liability insurance than the state requires because accidents cost more than the minimum limits. If you’re found legally responsible for bills that are more than your insurance covers, you will have to pay the difference out of your own pocket. These costs could wipe you out!

You may want to talk to your agent or company representative about purchasing higher liability limits to reflect your personal needs. You may also consider purchasing an umbrella or excess liability policy. These policies pay when your underlying coverages are exhausted. Typically, these policies cost between $200 and $300 per year for a million dollars in coverage. If you have your homeowners and auto insurance with the same company, check out the cost of coverage with this company first. If you have coverage with different companies, it may be easier to buy it from your auto insurance company.

In addition to liability coverage, consider buying collision and comprehensive coverage. You don’t decide how much to buy. Your coverage reflects the market value of your car and the cost of repairing it.

Decide on a deductible—the amount of money you pay on a claim before the insurance company reimburses you. Typically, deductibles are $500 or $1,000; the higher your deductible, the lower your premium.

Is Your Home Prepared for the Coming Winter?

With a devastating snowstorm hitting South Dakota in early October and freezing temperatures recorded this week in Chicago, the Farmers’ Almanac predictions of a frigid winter and heavy snow for the 2013–2014 winter season in the U.S., are looking right on-target.

Many winter-related disasters can be prevented if you take a few simple steps to protect your home from freezing temperatures, snow and wind. And autumn is the perfect time to winter-proof your home, according to the Insurance Information Institute (I.I.I.).

Standard homeowners policies cover winter-related disasters such as burst pipes, ice dams and wind damage caused by weight of ice or snow, as well as fire-related losses. Coverage for flooding is available from the National Flood Insurance Program and from some private insurance companies. Winter-related damage to cars is generally covered under the optional comprehensive portion of an auto insurance policy.

Melting snow can inflict significant damage to property and winter storms are the third-largest cause of catastrophe losses, noted the I.I.I. Winter storms caused $38 million in insured losses in 2012, according to Munich Re. An ISO study shows that from 1992-2011, winter storms resulted in about $28 billion in insured catastrophe losses (in 2011 dollars), or more than $1 billion a year on average.

The I.I.I. offers the following tips to prepare your home for the upcoming winter:

Outside Your Home
Clean out gutters. Remove leaves, sticks and other debris from gutters, so melting snow and ice can flow freely. This can prevent ice damming, a condition where water is unable to drain through the gutters and instead seeps into the house causing water to drip from the ceiling and walls.
Install gutter guards. Available in most hardware and home stores, gutter guards prevent debris from entering the gutter and interfering with the flow of water away from the house and into the ground.
Trim trees and remove dead branches. Ice, snow and wind could cause weak trees or branches to break and damage your home or car, or injure someone walking by your property.
Repair steps and handrails. This may prevent someone from falling and seriously being injured. Broken stairs and banisters can become lethal when covered with snow and ice.
Seal cracks and holes in outside walls and foundations. Use caulking to protect water pipes and make sure that skylights and other roof openings have proper weather stripping to prevent snowmelt from seeping in.

Inside Your Home
Keep the house warm. Set the thermostat for at least 65 degrees—since the temperature inside the walls, where the pipes are located, is substantially colder a lower temperature will not keep the pipes from freezing.
Add extra insulation to attics, basements and crawl spaces. If too much heat escapes through the attic, it can cause snow or ice to melt on the roof. Water can then re-freeze, causing more snow and ice to build up. This can result in a collapsed roof, and can contribute to ice damming. Ideally, the attic should be five to ten degrees warmer than the outside air. Well-insulated basements and crawl spaces will also help protect pipes from freezing. You may also consider insulating unfinished rooms such as garages to keep pipes from freezing.
Have the heating system serviced. Furnaces, boilers and chimneys should be serviced at least once a year to prevent fire and smoke damage.
Check pipes. Look closely for cracks and leaks and have the pipes repaired immediately. Wrap exposed pipes with heating tape.
Install an emergency pressure release valve in your plumbing system. This will protect the system against increased pressure caused by freezing pipes and can help prevent your pipes from bursting.
Make sure that smoke and fire alarms are working properly. Residential fires increase in the winter, so it is important to protect your family with working alarm systems. Also, consider installing a carbon monoxide detector, since a well sealed home can trap this toxic gas.
Learn how to shut the water off and know where your pipes are located. If your pipes freeze, time is of the essence. The quicker you can shut off the water or direct your plumber to the problem, the better chance you have to prevent pipes from bursting.
Hire a licensed contractor to look for structural damage. If damage is discovered, have it repaired now rather than waiting for a problem to occur. Also, ask about ways to prevent water damage due to snow-related flooding. Plastic coatings for internal basement walls, sump pumps and other methods can prevent flood damage to your home and belongings.

If you are going to be away for an extended period, take special care. Turn the water off and/or have the water system drained by a professional to keep pipes from freezing or bursting. Also, hire someone to check your home on a regular basis so that, if there is a problem, it can be fixed quickly, lessening any damage.

Anniversary of Superstorm Sandy Offers Homeowners Insurance Lessons

Information obtained through www.iii.org

Just a little over a year ago, Superstorm Sandy struck a dozen states in the Northeast and became the third costliest storm in U.S. history, after hurricanes Katrina and Andrew, according to the Insurance Information Institute (I.I.I.).

“Every disaster offers lessons learned for future events and Sandy was certainly no different,” pointed out Jeanne M. Salvatore, senior vice president and consumer spokesperson for the I.I.I. “If we can learn from this disaster, we can be better prepared for the next one.”

Here are four key takeaways from the disaster:

1. Consider purchasing flood insurance. Ninety percent of all natural disasters are accompanied by some form of flooding. However, flood damage is not covered by standard homeowners, renters or business insurance policies. Instead, separate flood insurance is available from FEMA’s National Flood Insurance Program (NFIP) and a few private insurance companies. Many Sandy victims did not have flood insurance and were either uninsured or underinsured for the disaster, which was the second costliest U.S. flood, based on NFIP’s payouts as of July 12, 2013.

The NFIP provides coverage for up to $250,000 for the structure of the home and $100,000 for personal possessions. Coverage for the structure on an NFIP policy is on a replacement cost basis (what it would cost to buy it new) and contents coverage is on an actual cash value basis (the depreciated value). For additional insurance protection over and above the amounts in an NFIP policy, excess flood insurance is available from private insurers. To learn more, see our information on flood insurance, go to FloodSmart.gov or talk to your insurance professional.

2. Understand the differences between a homeowners policy and a flood insurance policy. A standard homeowners policy is different from an NFIP flood insurance policy in many ways. Coastal residents should ask their insurance professional to explain the differences, so they understand exactly what is and is not covered under each policy. For example, a standard home insurance policy provides coverages for additional living expenses (ALE) if the home is damaged by an insured disaster listed in the policy. This would provide reimbursement for costs associated with living elsewhere while the home is being rebuilt. An NFIP flood insurance policy does not provide ALE. In addition, coverage for the contents in a basement is very different. The NFIP put limits on this type of coverage that do not exist in most standard home insurance policies. In addition, the NFIP flood insurance policy includes very specific definitions of what is considered a basement, while standard home insurance policies generally do not.

3. Know if you have a hurricane or windstorm deductible. Do you have a hurricane or windstorm deductible in your policy? And how will it affect your claim? A standard homeowners insurance policy deductible is usually expressed as a dollar amount, for example, $500 or $1,000. Hurricane deductibles, however, are calculated as a percentage of the insured value of a house. Hurricane deductibles apply solely to damage caused by hurricanes, and typically vary from 1 percent to 5 percent of the insured value of a home. Whether a hurricane deductible applies to a claim depends on the specific “trigger” selected by the insurance company. These triggers vary by state and insurer and usually apply when the National Weather Service (NWS) officially names a tropical storm, declares a hurricane watch or warning, or defines a hurricane’s intensity. Windstorm deductibles apply to any kind of wind damage and are generally also percentage based. A deductible is the amount of money you pay out-of-pocket before your insurance coverage kicks in.

4. Renters need insurance too. In New York City, 69 percent of residents rent their homes so a large number of renters were impacted by Sandy. Unfortunately, many learned that their landlords were not responsible for damage to their personal belongings caused by Superstorm Sandy as many did not have renters insurance. Indeed, a 2013 I.I.I. poll found that only 35 percent of renters in the U.S. have renters insurance. A renters insurance policy costs about $185 per year, on average, and provides coverage for personal possessions damaged by wind, fire, theft and other disasters listed in the policy as well as the costs associated with living elsewhere while a rental home is being repaired. Renters can also purchase flood insurance from the NFIP to protect their possessions.

It is equally important to be prepared for a disaster; here are some steps you can take:

First, review your insurance. The time to review your insurance policy is before you have to file a claim. Make sure that you have both the right amount and type of insurance. You should have enough insurance to rebuild your home and replace all of its contents. The I.I.I. has information on how much insurance you need to purchase as well as an iPhone app, Know Your Coverage, which guides you through the process of getting the right type and amount of coverage for your home and belongings.

Second, create a home inventory. A home inventory is a list of all of your personal possessions and their estimated value. An up-to-date inventory will help you: purchase the right amount of insurance; speed up the claims process by substantiating losses; and provide documentation for tax purposes or disaster assistance.

Third, disaster-proof your home. Talk to your insurance professional about ways to keep wind and water out of your home. For instance, you may want to invest in storm shutters and reinforced garage doors. More information can be found at the Institute for Business & Home Safety (IBHS) or the Federal Alliance for Safe Homes (FLASH).

Lastly, have an evacuation plan. Decide ahead of time where you will go and how you will get there, and have more than one option. The I.I.I.’s iPhone app, Know Your Plan, provides interactive checklists that will help you plan ahead to better protect yourself, your family, your home, and even your pets. If you have pets, contact your veterinarian for a list of boarding kennels and facilities or ask your local animal shelter if they provide emergency shelter or foster care for pets. Also identify hotels or motels outside of your immediate area that accept pets. For more information see the video, Protecting Your Pet During a Disaster. The I.I.I. also recommends practicing your evacuation plan by doing a test run: give yourself just 10 minutes to pack up your family, pets and important items and get out—possibly for good.

Myths about Auto Insurance in Asheville and Winston-Salem

When purchasing car insurance, it’s important to understand the factors that affect your car insurance premium rates and coverage. But how do you differentiate between truth and fiction? A good place to start is by dispelling some common myths about auto insurance:

Myth 1 – Color determines the price of auto insurance

It doesn’t matter if your car is red, green or purple. What does matter is the type of car you select. Before you buy a new or used car, check into insurance costs. Auto insurance premiums are based on make, model, body type, engine size, the age of the vehicle and the age, driving record and credit history of the driver. Premiums are also based, in part, on the car’s sticker price, the cost to repair it, its overall safety record, and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. These include daytime running lights and anti-theft devices.

For years there has been a notion that color plays a significant part in calculating insurance premium costs, many people believing that red cars cost more to insure because they are linked to aggressive driving or speeding. The fact is, insurers have no interest in the color of a car, but they are interested in knowing if you have had any previous car accidents, the number of miles you drive annually and where you live.

Myth 2 – It costs more to insure your car when you get older

Quite the opposite—many drivers over 55 years of age can, in fact, qualify for a reduction in auto insurance rates, typically for three years, if they have successfully completed an accident prevention course. Insurance companies will usually provide up to a 10 percent discount on car insurance, but check with your provider before you sign on. Mature driving courses are available through local and state agencies as well as through the AAA and AARP. You can also check with your insurance agent to find out which defensive driving courses are approved by your insurer. If you are retired or are not employed full time, you may also be eligible for a discount of up to 5 percent off your car insurance. Age requirements for this type of discount vary by state and insurance carrier.

Myth 3 – Your credit has no effect on your insurance rate

Your credit-based insurance score does matter. An insurance score is a measure of how well you manage your financial affairs, not your financial assets. Many insurance companies take your insurance score into consideration when you want to purchase, change or renew your auto insurance coverage. Because the majority of people have good credit, and insurance scores are derived from a person’s credit history, most people pay less for insurance when insurance scores are entered into the pricing equation.

Myth 4 –Your insurance will cover you if your car is stolen, vandalized or damaged by falling tree limbs, hail, flood or fire

Comprehensive and collision coverage are optional coverages. Lenders frequently require drivers to buy comprehensive and collision coverage as a condition of a car loan agreement. Those driving older cars sometimes drop these coverages as a way of saving money. If a car is worth less than $1,000 or less than 10 times the insurance premium, purchasing the optional coverages may not be cost effective. But bear in mind that you need to purchase both collision and comprehensive coverage in order to fully protect your vehicle from all types of damage.

Myth 5 –You only need the minimum amount of auto liability insurance required by law

Almost every state requires you to buy a minimum amount of auto liability coverage. Chances are that you will need more liability insurance than the state requires because accidents often cost more than the minimum limits. In today’s litigious society, buying only the minimum amount of liability means you are likely to pay more out-of-pocket for losses incurred after an accident—and those costs may be steep. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident.

Myth 6 – If other people drive your car, their auto insurance will cover them in the event of an accident

In most states, the auto insurance policy covering the vehicle is considered the primary insurance, which means that the owner’s insurance company must pay for damages caused by an accident. Policies and laws differ by state, and you should be familiar with these differences when allowing another person to drive your car.

Myth 7 –Soldiers pay more for insurance than civilians

If you are in the military—regardless of which branch—you actually qualify for a discount on auto insurance. In some situations you might be able to have your commanding officer make a phone call on your behalf, but for most auto insurance companies, you will need to supply documentation that lists your name, rank and the time that you will be enlisted in the service. This allows insurance companies to determine how long you will be eligible to receive a military discount. Many auto insurance companies provide discounts for former members of the military as well as their families.

Myth 8 –Personal auto insurance covers both personal and business use of your car

If you are self-employed and use your vehicle for business purposes, personal auto insurance may not protect you. While auto insurance geared for businesses can be more costly than a personal policy, one of the best ways to keep your auto rates down is by having a good driving record. If there are others, such as employees, using your car make sure they also have good driving records. Check the records of your employee drivers at least twice a year to ensure they maintain a clean driving record.

Automobile Insurance | Cheap Car Insurance | Winston-Salem | Asheville

Automobile Insurance Winston-Salem: How Do You Define The Right Price?

Automobile Insurance Winston Salem: When it comes to insurance – especially automobile insurance – you feel like you start to lose your nerves. The insurance market is full of offers with hidden fees and you’ve had enough of it.

So as you are surfing the web (or the city) in search for cheap car insurance Winston-Salem, you will have to ask yourself this question: what does “cheap” mean for you?

In life, you will often find yourself in the need to set goals for the short or long time. It works the same with car insurance in Wilmington, Winston-Salem or Asheville or everywhere else.

Do you know how to set the right goals?

Entrepreneurs are experts at setting goals. Or at least they should be. Early on in their careers they learn to make the difference between a good goal and a bad one. For example, can you spot the “right method” from the following:

  1. I will sell a lot of t-shirts this year
  2. I will sell 1,000 t-shirts by the end of November

Obviously, the second example is the better goal-setter. You know WHAT you need to do and BY WHEN you need to do it.

Applying it in your insurance seeking strategy

A good way to apply this technique in your automobile insurance searches is to set goals according to price, benefits and coverage. For example:

  1. I will find cheap car insurance
  2. I will find $0.5 car insurance with health insurance included and a birthday gift as giveaway

Although it is unlikely that you will get car & health insurance in the same pack, at least you know what you are looking for. As you search, you will have to adapt your goal to the offers on the market. But if you are sure about what you need, you will find an automobile insurance company to give it to you.

DUI Insurance | Motorcycle Insurance | Wilmington | Winston Salem

DUI Insurance Wilmington: Will You Have To Pay More After DUI?

DUI Insurance Wilmington: I hear a lot of people complain that their motorcycle insurance Wilmington costs increased after DUI. Well, I am sorry to hear that, but if you are driving under influence (which is what DUI stands for in the first place), you are putting yourself and, even more dangerous, you are threatening the lives of others.

The repercussions of driving under influence:

  • An accident is imminent
  • You could injure yourself AND…
  • You could injure or kill someone
  • If you injure someone you will have to pay for their hospitalization and treatment
  • You risk being sued
  • You risk going to jail for DUI
  • Your drivers’ licence will become invalid

The bottom line is, even if you’ve only had a small beer or a sip of wine, you cannot, cannot, cannot drive under influence.

DUI Insurance in Wilmington, Winston-Salem  and Asheville

From the point of view of the law and the police, there are strict rules against such behavior. In what regards the insurance companies, they can treat your case however they see fit:

  • They can cancel your insurance
  • They can put you under “high risk” insurance
  • They can raise your rates

These changings to your insurance mostly depend on several factors. The insurance companies will analyze various facts to determine the measures they are going to take. Some of these factors are:

  • The severity of your driving offense
  • Your risk as a driver
  • Your social demographics
  • Your economic demographics
  • Your history as a driver

All this information is accurate, but don’t be surprised if you notice your insurance company did not act according to these guidelines. Each insurer has their own system around which they determine your DUI insurance costs, and they interpret your driving record in slightly different ways

Auto Insurance | Car Insurance | Wilmington | Winston-Salem | Asheville

Auto Insurance Wilmington: A Little Story About A Car Accident

 Auto Insurance Wilmington: This is a short story about how auto insurance Winston-Salem saved me from spending an exaggerated amount of money on repairing a damaged car. I’m not from Wilmington, Winston-Salem or Asheville, but like I always say, it can happen to everyone.

Here is what happened:

One evening I wanted to go home from the office as I finished work. So I jumped into my car and, in order to get it out from the parking spot, I had to drive it in reverse. Meh, not a good idea for me (I’m not an excellent driver).

So I look in the rear mirrors and everything seems just fine.

I try to take the car out of the parking lot and BOOM! “Oh my Dear, I hit a car”, I’m thinking. “Oh, I hope I have car insurance Wilmington or I’m so busted…”

I was already starting to think about the amount of money I would have to take out of my pocket. Luck (or lack of it) had it that it was a very expensive car the one I hit. Unfortunately, I could not afford to pay for the restoration…

But luckily, I had car insurance Winston-Salem. Phew!

If you’re wondering about the amount of money I would have had to pay had I not have auto insurance… well… it was close to a thousand. Dollars, that is.

I am the kind of person who is always extremely careful when driving. I have never had a car accident since, and I always thought that prevention will keep me from damaging other cars… Well, as it turns out, nobody is immune to these kind of things.

I definitely learned my lesson! I’m renewing my auto insurance Asheville every time – not because it is compulsory by law, but because accidents can happen to all of us…

Cycle Insurance | Wilmington | Winston Salem | Asheville

Cycle Insurance Wilmington: 4 Reasons You Need Cycle Insurance As Much As Automobile Insurance

Cycle Insurance Wilmington: Do you think you do not need cycle insurance Winston Salem if you are a biker? Think again. In this article we are going to show you why it’s as important to have automobile insurance as it is to ensure your bicycle.

  1. Motorcycles are expensive. You already know this. If you are a passionate cyclist, your bike is your most valuable asset. And only you know how much money you put into that bike, so do you really want to assume the risk of having it stolen?
  2. Motorcycles get stolen. A lot.
    Although we do not have clear stats about bike theft, bicycles get stolen often (but they are included in the same category with other petty thefts). Even if they are not completely stolen, parts of the bicycle are often found missing by their owners: wheels, seats, chains, and all sorts of accessories disappear, never to be found again.
  3. You may need motorcycle rescue. Okay, so your bike broke while you are in the middle of nowhere and  you don’t know anyone who could come to help. Did you know your cycle insurance can also provide recovery options? If you cannot continue your journey during a holiday trip or a marathon, the insurance company can come and give a helping hand in bringing your bike home.
  4. Broken motorcycle, no motorcycle?
    If your bicycle broke and you have to wait until it is repaired, it means you are left without a bike. And if you are using it to go to work or shop for groceries in Wilmington, Winston-Salem, or Asheville … well, your means of transport suddenly becomes unavailable. Just like automobile insurance, the right cycle insurance Asheville offers you the possibility to rent a bike while yours is in the service.

Do you see now that having cycle insurance brings of many advantages? These are but 4 of them, but the list definitely continues.

Cheap Car Insurance | Auto Insurance | Asheville | Winston Salem

Cheap Car Insurance Asheville: What Are The First And Most Important Steps After A Small Car Accident?

Auto Insurance Asheville: Do you know what you have to do right after you have had a small car accident?

Most people have no idea about the most important things they need to do right after they had an accident. Whether it is their fault or not, most drivers get mad, start yelling and become very frustrated because their cheap car insurance Winston Salem was damaged.

Is this you…?

If you see yourself mirrored above, let’s see how you go through such an event calmly and in an organized manner. Here are the 3 top things you have to do if your cheap car insurance was damaged in a small car accident in Wilmington, Winston-Salem, or Asheville.

1.       Don’t panic, don’t get mad. Keep calm.

As mentioned above, getting mad is what most people do. But this doesn’t help solve problems. Getting panicked doesn’t help either. You have a problem and you need to solve it fast. What do you do? You keep calm and analyze your options carefully.

2.       Be nice.

We know, that person who you just hit is now screaming angrily at you. They don’t understand it was not your intention to damage their vehicle, and they act on an impulse. As difficult as it is, remember: talk nicely with the person in front of you; you will not believe how many problems you can solve this way.

3.       Call the auto insurance Winston Salem company.

Last but not least, you will have to call the insurance company. That cheap car insurance Asheville you signed a couple of months ago just got you out of trouble, so contact the insurance company and inform them about the accident.

As we all say, the best cure for any disease is prevention. So if you want to avoid the trouble an accident puts you through, be careful while driving.