Car Web News

We all know that catchy, advertising phrase, but does anyone ever really switch car insurance? I certainly hadn’t for about 10 years, until this week when I realized how silly it was to not even check for better deals. I’m pretty dedicated to frugality and good deals in most areas of life; why hadn’t I bothered to see what sort of options I had for insurance? It turns out that my assumptions and preference for the status quo were holding me back from an easy win, just like they have countless other times in my life and probably in yours as well. Past Experiences It’s not like I had never thought of the idea. I’ve probably heard a dozen times from various blogs or podcasts that shopping around for better insurance rates is on par with cutting your cable service when it comes to bang-for-your-buck (or rather, return on your time). It takes less than an hour and saves you hundreds to thousands of dollars over time. That’s a whole lot better than the hourly rate I make at the ol’...

Most common types of car insurance discounts Driver history These discounts are based on things you’ve done in the past (or haven’t done, in the case of the good driver discount). Driver history discounts are quite common and are often the biggest discounts that carriers offer, so qualifying for these can save you a major chunk of change on auto insurance. Good driver discount:  If you haven’t had any accidents or traffic violations during the past three years, most insurance carriers will give you a good driver discount—though a few carriers require as many as five years of perfect driving to earn this discount. Defensive driving discount:  Passing a licensed defensive driving course can get you a reduced rate, although you’ll likely have to retake the course every year or two to hang onto the discount. Driver training discount:  Drivers under the age of 21 who take an approved driver training course may be eligible for a discount. Since car insurance rates for...

If you’re a business owner who works at home, or you earn an income from work you do at home your insurance coverage could be affected and may not provide proper coverage.  Is Your Business Activity Covered? A standard homeowner’s policy does not cover business activities and this includes you, supplies, materials or clients/visitors who are on your property for business purposes.  For example, if you are an artist and create works from home that get destroyed in a fire, your home policy could deny covering the loss.  Proper Liability Insurance Coverage It’s especially important to have proper business insurance in place if you have employees who work in your house and get injured.  Even though you are the homeowner and have a homeowner’s insurance policy, you or your employees may not be covered if injured while performing business activities.  Separating Home and Business Insurance Even if you don’t have inventory and work alone from home, the ne...