We're looking through a selection of the clauses in a fairly standard UK motor insurance policy. In this instance it's the "Emergency Treatment" clause which sorts out who pays for any medical attention needed following a motoring incident.
Current UK laws dictate that you must pay costs to the first medical person to treat you following a road traffic accident. This is part of the Road Traffic Act. People have been known to refer to this as a charge for an ambulance. Strictly speaking this is not true but in reality it is normally the ambulance paramedics that provide the care and the account is sent to to you from the N H S region that supplied the ambulance and its crew.
You are liable for this payment no matter who is blamed for causing the accident. Your insurer will meet the cost under this section. Just send the account into them and they will pay it straight to the hospital. Alternatively you can pay it yourself and ask your insurer to reimburse you.
Occasionally in a hectic claims office, the clerical staff might miss the account if it was sent in with other papers. It's possible that you could receive a reminder from the hospital that the account is still outstanding. Tell the hospital who your insurers are and telephone the claims office. Be firm but please don't lose your temper.
The insurance company paying this account in itself does not affect your no claims bonus. It is not dealt with as a claim. So, in the very unlikely event that your insurers were to pay this and nothing else your bonus would remain intact. In reality, in an accident where someone is injured, it is unlikely there is no other types of claim to be met.
Theoretically, if another party is at fault for the accident you can send this account on to their insurer but you are just asking for unnecessary complications. I would advise you not to bother. It doesn't make any difference to you whichever way.
As a result of recent changes in the law, hospitals now also charge the insurance companies for treatment given to third party victims of accidents, with certain limits applied. These are paid to the NHS Trust in cases where you were to blame for the accident and another person has needed treatment for the injury that you caused. This change to the regulations has dramatically increased the cost of settling claims and has thus increased your insurance premiums. Some of those inside the insurance industry consider this to be a further case of "stealth tax" taxation by the Government.
Monday, September 17, 2007
UK Car Insurance - The Emergency Treatment Policy Clause
Sunday, September 16, 2007
Cheap Auto Insurance Online
You should also look online and see what companies are advertising common auto insurance. You can go through the considerable Web resources of these insurers to learn accurately what the various insurers have to offer and what their comparative cheap auto insurance rates and quotations are. Those seeking cheap auto insurance should be cognizant of the various types of coverage they will be offered and make a decision as to whether any of them are practical to their situation.
whilst it comes to cheap auto insurance, one of the best places to get some, or at least to get the data you need, is through online resources. When it comes to cheap auto insurance, your choices are endless, with hundreds of insurance companies trying to coax you with the best possible cheap auto insurance tariffs and quotes. Really cheap auto insurance can be had as long as you, as an literate consumer, are equipped with the full range of facts and information about how insurance companies come up with quotes for car insurance.
So we are all in the hunt of the cheap auto insurance. There is the matter of looking around for cheap auto insurance as well. Be on the lookout for advertisements on the radio or television pertaining to cheap auto insurance.
One of the elements which make auto financing cheap is crafting high down payments. Some key factors when shopping for cheap car insurance is to initially make sure you get at least three or four quotations since the price you pay for your car insurance can vary by hundreds of dollars. Actually, auto insurance quotes help you to classify the insurance preferences available for your car.
It pays to shop around for cheap auto insurance and there are things you can control when you ask for certain consideration in your price quotes. It definitely pays to do your homework, comparing cheap auto insurance prearranged by different companies.
While searching cheap auto loans, it is the decision of a person whether he wants to go for new or used automobile. Usually, cheap auto loans are secured on the automobile itself. many other loans in the market demand for collateral but here in cheap auto financing there is no desireto keep collateral.
When it comes to cheap auto insurance, there are many different areas of the business that come into play. One of the easiest, fastest, safest and cost effectual ways to save money is getting cheap auto insurance rates. Choosing the best auto is very important to getting cheap insurance.
Saturday, September 15, 2007
Auto Insurance For You And Your Pocket
One of the advantages of getting online auto insurance quotes is the fact that you can collect your thoughts in the privacy of your home or office before you talk to an insurance company representative.
Obviously, the amount of coverage of the vehicle impacts the price of auto insurance quotes.
Be aware that there are a few well known things the Kelly Blue Book isn't much good for. It doesn't give any thought to how dependable a car is, or how problematic it may be. You can get some indication of this by gauging how well the car retains its value, but Kelly Blue Book will mostly tell you pricing.
Although using the cost or price for your next auto insurance policy may be a good start when comparing auto insurance coverage providers it definitely shouldn't the only factor used to determine which company to obtain your next auto policy from once you actually decide to make a purchase.
Before buying auto insurance, it is very important that the person requiring insurance analyses the companies that provide vehicle insurance quotes.
Finding the right auto insurance company for you is an important job, and as such, you need to invest some time and energy in locating the company that will offer you the best deal.
Probably the most difficult choice will be which online auto insurance provider to choose from in order to ascertain your free quotes.
After you've confirmed a quote that you like buying auto insurance online allows you to either acknowledge the quote right then and there or you can vote to receive the rate provided in the mail.
Both insurance quotes and insurance coverage can differ a lot from different auto insurance companies.
Getting a reliable online auto insurance quote, might be a little tricky, due to the many different options available to you.
Friday, September 14, 2007
The Kelly Blue Book And Auto Insurance
If you're wanting to buy for a second hand, be sure to look in the Kelly Blue Book prior to getting too far into your search. Using the Kelly Blue Book is a great way for you to figure out how much you should spend for the car you're interested in.
The Kelly Blue Book looks at all angles of used cars and used-car pricing. It will tell you how much you could pay for almost every car that's ever been produced, and is organized in an easy-to-use style by make, model, year of the car and condition.
Be aware that there are a few well known things the Kelly Blue Book isn't much good for. It doesn't give any indication of how dependable a car is, or how problematic it is. You can get some idea of this by gauging how well the car retains its value, but Kelly Blue Book will primarily tell you pricing.
Motorists in the states must beappreciative that it is obligatory by law that car owners have auto insurance policies. What if each driver had to pay the cash out of their own pocket happily we have fabricated a cunning tool just to bypass such mean circumstances and this tool is called car or auto insurance. Finding the right auto insurance agency for you is an important job, and as such, you need to enable some time and eagerness in uncovering the company that will offer you the best deal.
After all, the most antagonistic decision you need you need to make is which online auto insurance provider to choose from so that you can receive free quotes right away. Probably the most difficult intention will be which online auto insurance provider to choose from in order to acknowledge receipt of your free quotes. After you've confirmed a quote that you like buying auto insurance online allows you to either accept the quote right then and there or you can opt to receive the rate provided in the mail.
Thursday, September 13, 2007
Did You Know That Gap Insurance Can Save You Thousands Of Dollars On Your New Car?
If you purchased a new car and are involved in a accident shortly thereafter where your car is totaled, do you know if your car insurance policy that has full coverage on it will take care of all of the costs?
Did you know that when you drive your new car off the lot, the value of your vehicle immediately goes down, sometimes as much as 20%-30%.
Let's say that you paid $20,000 for you new vehicle and you have an accident a month later, and your vehicle is totaled in the accident. Maybe you made at the most one payment and if you did not put very much money down, your loan amount is still close to the $20,000 purchase price. Especially considering that you would have financed the tax and other fees.
Unfortunately, even with full coverage on you car insurance, which includes comprehensive and collision, you will only receive the fair market value of your vehicle which could be as much as 20%-30% ($4,000 - $6,000.00) lower than the purchase price.
That means you may be stuck paying that 20%-30% ($4,000 - $6,000.00). On a $20,000 car. Just a 20% depreciation on that vehicle would be $4,000! That amount could be more if you financed your taxes and license into your loan.
If you have purchased Gap insurance with your current insurer, it would insure you for the difference between the loan amount on the car and the actual fair market value. But, not all insurance companies offer Gap insurance.
Gap insurance can also be purchased seperatly from other insurance companies than the one insuring your vehicle.
The most frequently asked questions about Gap insurace are as follows:
What is Gap insurance? Gap insurance will insure a vehicle for the difference between what is owed on it and what an insurance company determines to be the fair market value of the vehicle. A very cost effective way to financially protect yourself from a total loss when buying a new car is to purchase Gap insurance.
Is Gap insurance required on all new vehicles? No.
Can I buy Gap insurance for my older vehicle? Gap Insurance is available on new, used, and refinanced cars, trucks and SUV's purchased or refinanced within the past 12 months.
What does Gap insurance cover? The difference between the actual cash value of your car and the balance on your car loan is called the Gap. If your car is stolen or declared totaled, your auto insurance company will pay you the actual cash value of the car. Without Gap Insurance your lender will hold you responsible for paying the Gap (difference). The net effect is that you will have to come up with hundreds or thousands of dollars to pay off that debt.
Does my leased car automatically come with Gap insurance? Frequently, Gap insurance is built into the lease rate but don't assume it is since every lease is different.
Can I buy Gap insurance from the dealership? Yes, most dealerships offer Gap insurance but usually at a higher cost. Check your current policy to see if you already have Gap insurance before shopping for a new Gap policy. Before buying a new car you should call your current insurance company to see if they offer it.
Wednesday, September 12, 2007
UK Car Insurance - What Happens When An Insurance Company Decides To Write Off A Vehicle
A vehicle is written off when the estimated repair cost is higher than the present market value of a similar vehicle. Once the insurer decides that the vehicle is a write off then they begin the process described here.
1) The vehicle will have been moved from the repairers to a salvage yard. This is done to save storage costs imposed by repairers for vehicles in their compounds.
2) The insurance company will ask you for the vehicle documents. That is the V5 registration document, purchase receipts, keys, MOT certificate if your car requires one, service records and details of any outstanding finance. They will ask that you return your certificate of insurance. They will require the original paperwork before they will be able to settle your claim. Photocopies to start with will suffice but will slow down the process.
If you ask them why they require all of this paperwork, they will likely tell you that they need to check that they have the correct model of the car, that it had a valid MOT certificate and proof of service record to establish that is has been maintained. These are all valid reasons. But they also need to validate your claim for fraud. Official documents have several anti-fraud measures designed by the issuing Government department. A careful check on the originals will help the claims official to establish quickly that these are indeed genuine documents and not fake. If there is doubt, they will use forensic science equipment to prove that the documents are genuine or fake. You would have to be a very shrewd villain to successfully forge all these documents. My advice is - let your insurers have the original paperwork as soon as they request them. Your claim will be delayed if you send copies.
3) Whilst you are awaiting your settlement proposals, your insurers will be setting other wheels in motion as well. They will record the claim on the 'motor insurance anti fraud and theft register'. (MIAFTR) This is a UK data base that has been recording all insurance written off vehicles and stolen cars since the start of the 1980's. It checks your car against the contents of the database to see if the car has ever been the subject of an insurance total loss before, or whether it has been previously stolen and never recovered. It checks against your name and address; post code; your vehicle's registration number and VIN (vehicle identification number). If there is a match further questions will be asked of you, and your insurance company might begin 'fraud investigation' mode.
MIAFTR also automatically checks your car against the HPI (Hire Purchase Information) database. If you took out finance to buy the vehicle and you still have an outstanding balance, it will be on the HPI database. Rest assured that your insurer will discover it. So be honest and tell them about your finance. The loan company is the legal owner of your car. Any settlement must be made to them until the loan is paid off. Whatever is left is paid to you. Similarly, your claim will be recorded on CUE (Claims and Underwriting Exchange). This happens automatically on all vehicle and house insurance claims. Not all insurance companies subscribe but most of them do.
Problems can arise where the outstanding balance of the loan exceeds the value of the vehicle. In this case the insurance company does not completely pay off the loan. I remember a scheme for motorcycles. Young people went into a dealer, bought a new motorcycle plus all the leathers, helmets etc with money borrowed against the value of the bike. The interest rate on the loan was very very high. Some time later they would have an accident and they would total loss it (or it was stolen). The value of the motor cycle was much less than the total purchase price plus the interest. It caused a furor which was blamed on the insurer and not the stupidity of the motorcyclist for getting involved in such a bad deal with the shop.
4) Your insurer will be obtaining bids for the salvage. The more they can get, the less they will have to pay out on your claim. There has been much publicity about cars which have been written off finding their way back on to the road, or being purchased by the criminal fraternity to aid their disguise of a stolen vehicle. The Association of British Insurers (ABI) have issued a code concerning the disposal of vehicle salvage. All insurance companies adhere to these rules. The result is that the majority of salvage is sold by the companies to established salvage merchants. If the vehicle is damaged to an extent that meets listed criteria, it will be stamped with a code that makes it illegal to repair the car and return it to the road. Vehicles with less damage can still be repaired and put back on the highway.
5) Once all of the above processes have taken place your insurers will make a settlement proposal to you.
Their assessor will have referenced the trade publications to value the vehicle, adjusting these figures for the age, condition and mileage of your car, and his knowledge of the current car market. The final figure he comes up with forms the basis of the settlement figure given to you. An excess might have to be deducted along with any outstanding finance.
Your insurer will make it very clear exactly how much you will get and explain any adjustments to you. If you pay your motor insurance by Direct Debit, the chances are that any remaining premium will also be deducted from the settlement cheque.
6) When you have accepted the value (some companies might require your signature to a document called a 'form of discharge') you will be sent a cheque.
7) Your insurers then own the remains of your car and, subject to legislation and the ABI codes, can do what they want with it. This will undoubtedly mean they will sell the salvage.
Tuesday, September 11, 2007
Auto Insurance , A Must For Piece Of Mind
Probably the number one feature that many consumers compare among the various car insurance companies they are thinking about purchasing their next auto insurance policy from is the price of the automobile insurance coverage.
One of the advantages of getting online auto insurance quotes is the fact that you can collect your thoughts in the privacy of your home or office before you talk to an insurance company representative.
The Kelly Blue Book looks at all aspects of used cars and used-car prices. It will tell you how much you should pay for almost any car that's ever been made, and is organized in an easy-to-use style by make, model, year of the car and condition.
Before buying auto insurance, it is very important that the person requiring insurance analyses the companies that provide vehicle insurance quotes.
Another tip to avoid trying too many companies is to get an insurance broker as they can keep in touch with a lot of different auto insurance providers for you and then give you the best quotes quickly..
Auto insurance quotes can be helpful in other ways too, as they can provide you with information in regards to the different options that can be added to a policy such as deductibles, fire, theft and vandalism.
After you've confirmed a quote that you like purchasing auto insurance online allows you to either accept the quote right then and there or you can vote to receive the rate endowed in the mail.
Probably the most difficult choice will be which online auto insurance provider to choose from in order to ascertain your free quotes.
Both insurance quotes and insurance coverage can differ a lot from different auto insurance companies.
Shop, compare and then make the switch to an auto insurance company that is right for you
Monday, September 10, 2007
How get cheap auto insurance quotes and save money?
Comparison site auto insurance is by far the quickest and easiest way to find a cheap insurance rate quote.
For reception of the answer from the insurance company you should fill the questionnaire with your insurance, history and quantity of insurance which you want.
We require protection against risk, accidents and unforeseen circumstances operating the car, therefore we should count on a good covering of insurance which guarantees us safety.
Who wants to spend a well-being on insurance premiums?
You need to be knowledgeable about the steps you can take to help ensure that you are eligible for the lowest cheap auto insurance rates possible. In addition, you need to know how to locate the insurance companies that offer cheap automobiles insurance and compare available rates.
Automobile insurance should not cost you of well-being. For this purpose you should choose a way on which you can save money for your insurance and find cheap automobile insurance. You only should spend a few time for detection of cheap insurance, carrying out sequence of steps:
1. Choose your automobile insurance company wisely.
2. Make sure that it safely.
3. Learn opinion of friends and independent sources concerning the chosen insurance company.
4. Make sure available licenses of the chosen auto insurance company.
5. Ask about all auto insurance discounts.
6. Familiarize with conditions and a policy of the company of auto insurance chosen by you.
7. Purchase the minimum liability auto insurance policy. The choice of the minimal policy of auto insurance is effective way of reception of cheap auto insurance for your budget.
8. Raise your auto insurance deductible. I lift your deductible, you should pay more in case of damage or involving in a road accident, but automobile insurance payments will be cheaper, than at lower deductible.
9. You can lower your insurance payment establishing anticreeping devices.
10. The latent items and expenses are hidden in the cheap scheme of auto insurance. The latent expenses can influence cost of the auto insurance chosen by you.
11. Give the exact information on you as it will influence cost of received auto insurance.
12. Car that is popular with thieves or is expensive to repair will cost more to insure.
If you can find an insurance company who will combine car insurance along with perhaps family insurance, home insurance, boat insurance, life insurance and e.t.c., you may save a large amount of money. It should be studied at a choice of the insurance company, packaging policies makes things cheaper and easier to manage.
Using you can save this information more on insurance of your car, but it is necessary to remember that the best auto policy for you probably not the cheapest.
Sunday, September 9, 2007
UK Car Assurance - What Makes The Insurer Wtite Off A Vehicle
What is a write off or total loss? It happens where the car repair cost is more than the worth of the car, taking into account the salvage value of the damaged car.
We'll assume that your car has been badly damaged. This could be the result of a collision, or damage as a result of the car having been stolen. Let's say that the repair costs are estimated at £5,000. If value of your car is for example £5,500 and the salvage is worth £600 then it makes financial sense for your insurance company to write off the car rather than pay to fix it.
Suppose that the salvage valuation is only £400. It's very likely that they will still total loss the car. The estimated cost of £5000 to repair is based on a preliminary inspection and estimation of the repairs that might be needed. There is a strong possibility that there could be more damage discovered once the repair was started. So even though it looks cheaper to repair the car it would be treated as a border line total loss.
They will want to move the damaged car into 'free and safe storage'. This is normally at a salvage dealer. Their reasoning isn't difficult to follow. Repair Garages have cottoned on that there is a fast buck to be made. They won't be appointed as the repairer but they can bill your insurer simply for keeping your car in their yard. They will sometimes charge outrageous daily rates that can make car clamping fees seem like peanuts! Even the cheapest charges are at the same level as car parking fees in Central London. Insurers pay out vast sums each year for storage charges so they need to move your car at the first opportunity.
Because a few policyholders have caused problems and cost them unnecessary money they might even tell you that they are going to move it in 48 hours rather than requesting your permission. What has occasionally happened is that the salvage people move so quickly that the salvage truck is collecting the car before they've even told you that it is a write off!. Not surprisingly this can cause upset to some customers.
But bearing in mind the reason, please be understanding! They aren't disposing of your car, just moving it to save money. You might ask why you should bother about saving money for your insurance company? The reason is logical. The more money that the insurer pay out on claims, the more you pay in insurance premiums. It is in all of our interests to keep their costs down. My advice is simple- do as they ask. Always agree to have it moved from a repairer. If you refuse, they can insist you pay the storage charges from the date of your refusal.
Occasionally when dealing with an older car, it can be a total loss yet still be perfectly safe and legal to drive. Maybe it has a low value and only slight bodywork damage. Frequently insurers will let you keep the vehicle at your house whilst the next steps in the procedure take place, provided it is not incurring any charges.
Source: http://www.myaddirectory.com/Article/UK-Car-Assurance---What-Makes-The-Insurer-Wtite-Off-A-Vehicle/8475
Online Car Insurance
Car Insurance Quotes
Buying car insurance can be a real hassle, taking up most of a day while you call different companies to get quotes and wait to hear back. Everyone advertises that they are the best and they give the best deals - but the same can't be true for all of them. And you know that you want to get the most for your money. If you're a serious bargain shopper, it might take you a long time before you can narrow the field when it comes to car insurance. However, real bargain shoppers know that the Internet is their best bet for a great deal - on virtually anything. When you get your quotes online, the whole process is much quicker and easier. And the best part of all is, no automated voices telling you to press 1...or 2...or 3...
Ah, the Ease of Online Buying
Because it's so much easier, a lot of people feel more comfortable buying car insurance online, in a click-and-point process that doesn't involve sitting through ten minutes of automated questions and answers. The options and companies are endless even in a strictly online environment. The casual consumer might search through web sites and read quotes for hours, and still be no closer to finding what they really want. Yes, even comparing quotes online can be tedious. It's possible to compare quotes from many different companies very quickly and with no stress or a lot of web site-hopping.
How to Find Online Car Insurance Quotes
There are many sites dedicated to giving you car insurance quotes online. These sites will help you compare rates and plans side-by-side from many different companies at once. One of the most time-consuming factors of searching for affordable car insurance is the variety of companies offering this service. You could drive yourself crazy accessing each web site and gathering different quotes, one at a time, from each company's web site. Why not get many quotes all at the same time? The beauty of the Internet is that you can, and this will save you a whole lot of time and aggravation.
Where Do You Find These Sites?
A simple Internet search will lead you in the right direction if you're looking for companies that will give you online car insurance quotes. These web sites are very easy to use and to navigate, and in most cases you have only to fill out a very simple online form. All the standard questions are part of this form - what kind of car you drive, your age, etc. You will be under no obligation to purchase any of the plans you take a closer look at, and can compare and bargain shop to your heart's content.
Online Car Insurance
Some plans can only be purchased through an online means with some companies. More and more in today's world, everything is going online, so it only makes sense that car insurance move online, too. Online car insurance is becoming more and more popular, and every virtually every company that is in search of new customers has a web site now. Why go through the stress of talking to twenty different people on the telephone if you can avoid it? Online car insurance is definitely your best bet if you're thinking about changing you car insurance plan...or even if you aren't. Use this as a resource to be sure your current company is offering the best coverage and price. If you find otherwise, bring your findings to your current insurance agent and see if there is anything better that they can do.
Source: http://www.financenook.com/Article/Online-Car-Insurance/31419