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Workers Prefer Private Health Insurance to Get Their Family Covered

By James Tam on November 27th, 2007

auto-insurance-nov27.jpgWhen a company offers health insurance to its employees, they are happy to take it but now some recruits who work in small companies are getting into private health insurance because their spouse and children will be covered under this type of insurance and it will be less cheap than the company’s insurance plan. A survey done by the Kaiser Family Foundation and the Health Research and Educational Trust, and we came to know that thirty seven percent workers who work in a company with three to 199 employees can expect to pay 50 percent or more of the premium to get their family covered, compared with just 5 percent of employees at larger companies. Gary Claxton, a vice president at the Kaiser Family Foundation said “It’s hard to gauge how many people are opting out of employer-sponsored coverage, but the numbers could increase if employees face further cost increases and are willing to take less generous insurance coverage.”

Read: pantagraph.com

You Can Get Car Insurance Quotation Marks Online

By James Tam on November 26th, 2007

auto-insurance-nov26.jpgNow you can get car insurance quotation marks over the internet, this is very comfortable way because you just have to sit in front of your pc or laptop and get any information you want to. Just keep yourself up to date and be familiar with state limits and requirements. If you are required fewer limits then you will be able to save money but remember high limits will provide you a better protection. Double check to get correct underwriting information and always be conscious of your losses. Whether the company is reputed or not, you can check from AM Best, this is the company which keeps an eye on financial responsibility of insurance companies.

Read: bestsyndication.com

New Cars Are Considered To Be Safe

By James Tam on November 25th, 2007

auto-insurance-nov23.jpgAccording to the insurance industry new cars are considered to be safe, Ford Motor Co. and Honda Motor Co. had the most vehicles on the Insurance Institute for Highway Safety’s annual list of the safest cars for the 2008 model year. Cars and trucks with electronic stability control, required by the institute. Adrian Lund, the institute’s president said “Vehicles should be designed to provide good occupant protection when crashes occur, but now with ESC we have the possibility of preventing many crashes altogether.” Honda and its Acura unit had seven vehicles on the list: the Honda Accord, Odyssey, Pilot, CR-V and Element, and the Acura MDX and RDX SUVs.

Read: naplesnews.com

A number of credit card companies present rental car insurance

By James Tam on November 22nd, 2007

A number of credit card companies present rental car insurance if you use their card to pay for the rental. American Express automatically provides a Car Rental Loss and Damage Insurance Plan, which takes care of expenses not covered by other insurance plans such as personal auto and homeowner’s policies. If you have no idea what coverage you have, contact your agent for details. If you want to have American Express’s Premium Car Rental Protection, you have to make payment of either $19.95 or $24.95 per rental. Coverage is provided any where in the world except vehicles rented in Australia, Ireland, Israel, Italy, Jamaica, and New Zealand, before taking a decision on whether to accept or reject the rental policy, you should talk to the rental company and ask what insurance they are offering.

Read: boston.com

Man Got Imprisonment against False Insurance Claim

By James Tam on November 21st, 2007

According to the state Office of the Attorney General, Frank M. Petrelli, 26, of Colonial Court, pleaded guilty in state Superior Court in Hudson County to Petrelli confessed and told the whole story, In 2004 he planned to play a game, gave his car to someone else so that people think that the car has been stolen, then he reported that he parked his Audi (1998 Model) in Hoboken and now it is missing. According to the plan Petrelli filed a false auto theft claim to the New Jersey Manufacturers Insurance Co and he was paid $13,101 against the claim. John Jay Smith, deputy chief prosecutor with the state Office of Insurance Fraud Prosecutors said that the car was found abandoned about a week later in East Orange. Company spokesman Patrick Breslin said “The bottom line is that any fraud is an ultimate cost for the honest policy holders, our company takes that very seriously. Every case matters and sends a message to the perpetrators.”

Read: northjersey.com

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