Auto Insurance Basics for Your Home-Based Business

January 18th, 2012

The Bureau of Labor Statistics reports that resignations rose steadily in 2011, with nearly 2 million American workers giving notice last September – the highest number since November 2008. Since we doubt that all those folks won the lottery, it’s probably a safe bet that many decided to start their own home-based businesses. In fact, people who track these things predict the home office market will add nearly 2 million new home-based businesses by 2015. If you’re planning to be your own boss, one of things you need to
understand is the impact of using your personal vehicle for business-related purposes. So, h Read more…

Ultimate guide to protecting holiday homes in winter

January 14th, 2012

Statistics show that most second home house insurance claims occur during the winter, predominantly caused by extreme weather – frost, snow, flooding, storms, but also break-ins. This is understandable due to the very nature of holiday properties being locked up and left for long periods without inspection.

Claims costs: Insurers paid out £1.4bn in ‘big freeze’ insurance claims in the UK between 24 November to 31 December 2010, up from £700m for the previous winter of 2009/10.

  • 467,000 – the number of claims that UK insurers dealt with
  • £900m – the cost of property damage claims, 190,000 claims in total
  • 103,000 – property damage claims were for burst pipe damage, at a cost of £680m.
  • 12,000 – the average number of claims a day, at an average daily cost of £38m

Insurance provides cover for a list of specified perils. Policies do not pr

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Compare.com Travel Insurance

January 5th, 2012

Travelling can be for business or for personal purpose. But everybody likes travelling. A break from the busy work schedule is always appreciated and can be more pleasurable if everything goes smooth and fine. Going for a holiday requires lot of pre-planning, booking and reservation or packing. But is this enough? What if you miss your flight? Or your baggage is lost? You may get lost in the way or someone pick your pocket? One has to be prepared for all these circumstances while being away from the house. The best way to be prepared is buying compare.com travel insurance.

Travel insurance provides following type of covers for some sudden emergencies:

  1. Medical emergencies: Medical emergencies are the most unpredictable and risky.

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Buying Auto Insurance for the First Time

January 2nd, 2012

The first time you need to purchase auto insurance can seem like a harrowing experience. However, insurance companies have worked over the years to make the process much easier. When you go looking for your own insurance, keep these points in mind:

  • Know what you need: There are four types of auto-insurance. They are: liability, uninsured/underinsured motorist, collision, and comprehensive insurance. California law requires you to carry liability insurance, which pays for another driver’s damages when you are found at fault in an accident. As discussed in a previous blog post, uninsured/underinsured motorist insurance protects you from other drivers who don’t have insurance, or don’t have enough insurance coverage to pay for your injuries and/or damages to your vehicle. Colli

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Avoid Road Rage and Keep Your Low Car Insurance Premiums

December 6th, 2011

Along with the hot wheels, cool trim, leather interior and killer sound system, your sports car came with another line item add-on that wasn’t part of the MSRP: sports car automobile insurance. Insuring your shiny fast ride can add thousands of dollars to cost of ownership over the life of the car…unless you’re a savvy shopper. Here’s what you need to know to help you find cheap sports car insurance (or at least reasonably priced). For starters, different insurance companies have different definitions of what is and isn’t a sports car. This is typically based on a VIN (vehicle identification number) system published by the Insurance Services Office or the company’s own ranking system. Either syst

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How pets & animals cause havoc at holiday property

December 1st, 2011

Do you have an unwanted house guest or two in your holiday home? Insects and other “creepy crawlies” such as bed bugs, woodworm and fleas off pets can cause real discomfort and distress to both humans and animals. While house insurance typically does not cover infestations, the good news is that they can often be treated, but you may have to call a professional pest controller.

But what about larger creatures such as squirrels, foxes, rats and mice? While some may be perfectly behaved house guests, some may wreck havoc if they are left to their own devices.

What can you do to prevent damage by animals at your second home? wil

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