Auto Insurance Quotes The possible effect of Summer Storms; Texas Case Study

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Summer rainstorm could hardly been considered to have any effect on auto insurance quotes. But the recent development had proved otherwise. The drivers Texas had the taste and they are in better position to really to let us know that there is every possibility of summer rainstorm having serious effect on the quotes you receive from insurance firms

The point of concern and the bothering question is that is this development in Texas going to be the trend across the country and thereby affecting all he drivers in the United States of America?

The second largest insurer in Texas (ABC News and the Associated Press Allstate) surprisingly published that the storm related insurance claims had been on steady increase in recent times. It was so serious that just in one state there is record of about 23% of catastrophe claims and all this has nothing to do with snow.

It is good to note at this point that the only way the insurance firms could remain in business is ensure that what they

Why You Need Auto Insurance

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As the population continues to grow, more cars and drivers hit the highways. With so many vehicles on the road, crashes are inevitable. Automobile Insurance can be the difference between a minor inconvenience and a major hassle. But why do you need insurance and just how much should you buy?

Auto insurance is required by law in all states and protects you by paying for damage or injury you cause others while driving your car; damage to your car or injury to you or your passengers in your car from a crash; and certain other occurrences such as theft and vandalism. Without insurance, you risk having to pay the full cost of any harm you cause others with your vehicle.

Coverage requirements vary by state, but usually include the following:

Liability: It pays for damages due to bodily injury and property damage to others for which you are responsible. Bodily injury damages include medical expenses, lost wages and pain and suffering. Property damage includes damaged property and loss of use

Why Is My Car Insurance So Expensive, And What Can I Do

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Most drivers are on the prowl for cheaper auto insurance, and spend a lot of time looking at side-by-side comparisons on the Internet. They could save a lot of time by simply moving to Maine.

Insure.com recently released a list ranking states by average annual cost of car insurance.

Topping out the list was Louisiana, where the average premium is $2,510.87 (this compared to Maine’s $902.85).

Virginia came in at number 37, with an average of $1,233.36 (this is slightly under the national average of $1,429.26). Washington, DC ranked number 7, with typical costs of $1,753.19.

So aside from leaving the state, how do you keep your rates low? The formula for calculating your rate is only slightly more complicated than cracking the Da Vinci Code, but here is a typical breakdown: Tier I: Primary zip code, age, gender and marital status Tier II: Driving record, credit history, make and model of car

Let’s break it down. It’s hard to change the first-tier factors (and if you are willing to

Why Do You Need Auto Insurance

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Auto insurance is mandatory by law. It is illegal to drive a car without insurance in India. Also, if you have a valid auto insurance policy, then in the event of an accident, you don’t have to pay from your own pocket. The auto insurance company will bear the expenses. The eventualities that are generally covered by such policies include accident, fire, theft, flood, natural calamity or earthquake. Auto insurance policies need to be renewed every year.

Types of Insurance Policies in India

There are two types of auto insurance policies in India.

1.Third party insurance: This is also known as Policy A. In case someone else is injured or another car is damaged in an accident while you are driving, then that third party will get insurance. For instance, if someone is injured and needs hospitalization, then third party policies will bear the medical expenses of that person. Your car is not covered under the third party policy.

2.Comprehensive insurance: As the name suggests, comprehensive

The Richest Men In Florida

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I wanna be rich, says a line from a cheesy 80s song, sung by a band whose name escapes memory at the moment. Apart from the songs outward cheesiness, one really annoying thing about it is the way it repeatedly states the obvious. In todays material world, who doesnt want money, lots and lots of money? Monks perhaps, but they comprise just a tiny fraction of the worlds population. Everybody else wants to be rich.

Unfortunately for about 95% of us, only a fortunate few ever get to become that rich. Among those fortunate few are these gentlemen from Florida who have consistently made it to Forbes list of richest men.

With a net worth of over $3 billion, Micky Arison is the wealthiest man in the entire State of Florida. He took over Carnival Cruise Lines, which his father founded, and turned it into the largest cruise operator in the world. Daniel Abraham, on the other hand, created Slim Fast, one of the most successful weight-loss supplements of all