Posts Tagged ‘Insurance Claim’

Licensed or unlicensed, teens nowadays are undeniably enthused to be behind the wheel, driving their very own car (or at least their family vehicle.) True enough, more and more teenagers today are drivers in their own right, bringing themselves to anywhere they possibly can. With this, car insurance companies are keeping up with the needs of these restless adolescents, and more importantly their concerned parents.

Evidently, teenagers are more prone to car accidents due to a lot of factors (i.e. drunk driving, use of mobile phones while driving), which implies higher insurance claim rates, that would resolve to higher premiums. Now, this may be an issue to the parents considering the burden this puts on their budget; but luckily, there are a few measures that they could take to not only lessen what they could possibly be paying after giving their child driving privileges, but most especially, to ensure the safety of their teen.

Impart the Right Knowledge

Knowing the do’s and don’ts of driving will give your teenager a greater sense of responsibility as a driver. Understanding and obeying the traffic rules should always be the foundation of everyone who aspires to drive. Also, the parents should first be a good example to their children when it comes to driving.

Ensure the Right Skill

Before allowing your adolescent to get behind the wheel, ensuring that he/she can actually drive and drive well is very essential. Close supervision should be provided at first, then taper to promote independence and confidence for your teen driver. Sending him/her to a good driving school is also of great help to establish his/her driving skills.

Instill the Right Attitude

Driving is a big responsibility as it is a privilege; thus, the right perspective towards it is always vital. Having the right attitude towards driving will then ensure the adolescent’s right knowledge and skill. Therefore, keeping within speed limits, obeying road rules, putting on the seat belt, not drinking and driving, etc. are a few of the correct attitudes that the teen driver should understand by heart and practice. Now, the responsibility of instilling these to the them goes to the parents. Teaching proper “driving ethics” will spare you both your money and your child. Making a contract between you and your teen, which may include rewards or punishments, is one concrete example for making sure that they will be at their best behavior when driving.

These 3 measures will assure you of fewer charges for your teen’s auto insurance. In addition to these, canvassing for the right insurance company and buying the right car are also good actions to take when considering applying for one.

Writer: Irah Victoria

There are things that you can save on by saving yourself from making the purchase.  However, there are things that you have to pay for, whether you like it or not.  One of these things is the insurance for your car.  It is not possible to renew your car’s registration if you do not have auto insurance.

You have to take note though, that even if you have to purchase auto insurance, you don’t have to get them at a premium price.  In fact, there are ways by which you can save on auto insurance without doing much bargaining with the insurance broker.

*  Keep your credit report clean.

Every business loves a customer with a good credit history.  If you have been dutiful in paying your obligations to your previous creditors, insurance companies will also assume that you will also be a good customer with them.  Thus, they will try to give you the best offers just to get your business.

*  Stay away from accidents.

Your driving record is also a basis on the cost that you will have to pay for your auto insurance.  If you would like to save on your auto insurance, be a good driver.  If your driving history shows that you have been involved in an accident, your auto insurance company will see that as having an added risk.  A delinquent driving record increases the possibility that you will be involved in a future accident.

*  As much as possible, try not to claim against your auto insurance.

When accidents happen, whether it is your fault or the other party’s, try your best not to have the insurance company pay for the damages.  Your next insurance company might see it as an added risk if you have made claims against your previous insurance.  Thus, your next auto insurance premiums will be higher.

*  Stick with your former insurance provider.

If you have been a good payer and if you have never filed any insurance claim, your insurance company will want to keep you as their customer.  You will be able to save money on your insurance premiums because they will offer you the lowest rates possible just to keep you from moving to another insurance company.

These are the simplest ways on how you can save on your auto insurance.  They don’t require much effort on your part, yet they can save you money that you can use to pay your other bills.

Writer: MCUERDO