They call it “Acts of God” but if you look at it as a whole, it is a glitch that most car insurance companies have dug up to avoid covering the thousands of cars that have been damaged in the Philippines the past week. Thousands of cars were damaged and left useless as a result of the storms and car insurance companies certainly went to work finding an “Escape Clause” to save them money.

Apparently this is one claim that many Filipino motorists chose to forego since based on experience, hurricanes or outrageous life-threatening events barely touched Philippine soil. That was until Typhoon Ondoy came in. So now, turning to car insurance for aid was a big letdown, especially for the ones who have new vehicles and paid their car insurance premiums religiously.

You have to hate car insurance companies for this. Saving on cost is one thing but including a low blow just to avoid paying for the damages on their clients (damages that they totally could not avoid) was certainly something motorists could do without during this state of calamity in the Philippines. Business is business but if only to help get the country back to its feet, the best they could do is forego this for now or perhaps shoulder at least a portion of the car repairs that thousands are busy with at the moment. This is one reason why you will really hate car insurance, especially in the Philippines!

Tags: acts of god, business is business, calamity in the philippines, car insurance companies, car insurance premiums, car repairs, damages, glitch, hurricanes, letdown, low blow, motorists, new vehicles, outrageous life, philippine daily inquirer, philippines business, soil, state of calamity, storms, typhoon ondoy

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Normally, old cars would not be insured as most car insurance companies are hesitant to offer them coverage due to their year and make. However, Volkszone seems to defy that claim, aiming to become the first insurance service to cover classic VW models as well as the new ones in the market.

Getting a quote from Volkzone is not that hard to attain. In fact, you may even get one online, similar to what most car insurance companies are doing. But as state earlier, this is perhaps the first time that an old model vehicle would be included in the mix for potential insurance coverage, where owners simply need to complete the straightforward online quoting process and then either click to buy or select the option to speak to one of VZI’s expert advisors.

(Source) Press

Tags: car insurance companies, classic volkswagens, expert advisors, first insurance, insurance coverage, insurance service, low cost insurance, model vehicle, old model, volkszone, volkzone, vw models

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When it comes to insurance claims, car owners would normally be dragged into the uncomfortable feeling of adjusting accordingly to the schedule and arrangements to make sure that they get exactly what they are due. But that was yesterday’s news. Today, a new mode of tracking has been launched by BestMex, something entirely convenient for people who don’t have to worry about ruining their plans.

BestMex launches the Best Claims Service, an online tracking scheme that allows motorists to monitor via real time the status of their insurance claims. Standard protocol still requires a claim to be filed in the country in which it originated, but for the first time, customers are able to track the progress of their claim, especially useful for any claims that take longer than normal to process.

The improvements that BestMex offers is truly something worth checking out. Also, it could be something other car insurance companies may want to consider, particularly now that people hate it when they have to go through the motions of manual procedures for their insurance claims.

(Source) Press

Tags: car insurance companies, car owners, improvements, insurance claims, mexican auto insurance, motions, motorists, news today, real time, standard protocol, time customers

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Cars have become safer by the day thanks to technology. And if there is one part of technology which deserves recognition, it is that of the safety that cars now carry. We have seen the birth of airbags and Antilock Braking Systems (ABS) and now the Electronic Stability Control (ESC).

How does ESC work?

The system detects the point when a car is about to go into a slide and applies precisely measured amounts of braking force to each wheel, so as to correct or prevent the slide.
It should be pointed out, however, that ESC is not a replacement for responsible and safe driving and those sentiments are shared by car insurance companies, including Saga. It will not be able to prevent all potential accidents, although research results are more than encouraging.

And with safer cars, car insurance claims diminish as well. This is because the probability of being caught in accidents have become lower thanks to these safety enhancements. And you can be assured that for the years to come, more safety features for vehicles will be coming out as well as car manufacturing companies vie for safer cars to distribute in the market.

(Source) Press

Tags: Accidents, airbags, braking systems, car insurance claims, car insurance companies, electronic stability control, Insurance, manufacturing companies, market source, probability, safe driving, safer cars, safety enhancements, safety features, saga, sentiments

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One thing that people hate about online car insurance is the waiting period. But perhaps other car insurance companies can take their cue from The Buzz, Australia’s new offering for busy individuals who want to manage their car insurance needs in a flash.

Among the highlights include a 60 second quick quote and simple language. It also includes a host of other online ’self-serve’ features consumers have requested, including Live Chat. Consumers can also choose exactly what insurance cover they want for their car, and only pay for that.

“The Buzz has been developed from the voice of Australians,” Ms Johnson said.
“People told us they want insurance products and services that are flexible and that suit their own needs. Importantly, they want choice and control over what they do – after all, that’s why they’re using the internet.

(Source) Press

Tags: Australia, australians, buzz, car insurance companies, consumers, Insurance, insurance products, internet source, live chat, quick quote, waiting period

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Anyone who is wary of car insurance would really love to be residing in Connecticut right now. Though perhaps some local car insurance companies can pick up a thing or two from their car insurance program, it is something that makes sense. Overall, car insurance should not be too expensive. In fact, molding it to perhaps a comfort zone giving the slightest probability of accidents seem to be ideal for the modern driver.

That is exactly what Progress devised with their MyRate car insurance package. They put their consumers at the helm when it comes to identifying the extent of the insurance coverage. While it may look to save them on cost, it could also backfire if they are not being honest on how severe they need car insurance. But then again, it is similar to “You only get what you pay for”.

MyRate uses Progressive’s patented technology to put consumers in control of their auto insurance rates. Drivers who choose to sign up for MyRate receive a device that plugs into a port in their car and measures how, how much and when the car is being driven. Cars driven less often, in less risky ways, and at less risky times of day can receive a lower premium.

So in the end, it is all about knowing yourself better as a driver. Insurance is seen as excess baggage for most but it really helps particularly when you meet unfortunate incidents so don’t take it for granted!

(Source) Press

Tags: Accidents, auto insurance rates, car insurance companies, comfort zone, Connecticut, consumers, driver insurance, excess baggage, insurance coverage, insurance package, insurance program, probability, unfortunate incidents

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In a move to increase their rank among the auto insurance companies in Georgia, Geico has lowered the auto insurance rates to bring in some more clients to their fold. This comes at a time where other car insurance companies are increasing their rates.

With Geico now ranked at number 4, this new strategy may eventually jack up their rank once more car owners get insurance using their new rates which are already in effect.

“On average, current GEICO policyholders will receive a 2.3 percent decrease for the same coverages,” said Dina Pon, assistant vice president with underwriting responsibilities for GEICO’s Southeast operations. “The changes for new business customers will make GEICO’s auto policy rates in Georgia even more competitive for consumers. This is especially true because some other companies are raising their auto insurance rates in Georgia at the same time we are lowering ours.”

(Source) Press

Tags: auto insurance companies, auto insurance rates, car insurance companies, car owners, consumers, geico, policyholders

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