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The Different Kinds Of Vehicle Insurance

Article by Greg Mingea

So you’ve just maxed out your entire budget and emptied your savings accounts buying a new vehicle and the last thing you want to spend any more money on is vehicle insurance. But on your way home from the second hand dealership with your new car it started to rain and the car in front of you slammed on its brakes and you narrowly missed driving straight into the back of it. And we all know that if you drive into the back of someone, the law says it’s your fault, no matter what the circumstances. You cursed yourself and thanked the universe simultaneously and swore that the minute you got home you would make a few phone calls and get vehicle insurance before something else went wrong, because while you couldn’t really afford vehicle insurance, you knew that you could not afford not to have it even more.

The good news is that vehicle insurance does not have to be the enormous drain on your finances that you may imagine. These days insurance companies offer a wide range of vehicle insurance products that will enable you to take out as much or as little insurance as you want, depending on your needs and priorities, and of course on your budget. There are many different types of vehicle insurance cover besides the obvious costs of simply insuring the vehicle for theft. The first entails coverage for bodily injury. This will cover you against claims for bodily injury from any people that may be injured in an accident you have caused. We all hope that we will never be responsible for hurting another due to own reckless driving or simple bad luck, but if it does then we certainly want to be able to take responsibility for it, and this way you can. The next kind of vehicle insurance covers you in respect of claims arising out damages to the property of third parties – whether it’s someone else’s car or garden wall – that you may have caused or for which you are responsible. A third type covers you for medical payments for injuries to yourself or your passengers.

Sometimes an accident won’t be your fault but the other driver has either no or inadequate insurance. In cases like this it is very handy to haven uninsured and underinsured motorist coverage as you will then be protected against other people’s negligence. Finally you of course want to protect yourself against damages to your own vehicle. You can take two types of vehicle insurance here, against collision and comprehensive cover. The first will only cover you for damages due an actual collision, while the second also extends coverage to damage caused by storms, a falling stone that may crack your windshield, or your neighour’s wall collapsing onto your car.

Depending on the value of your vehicle and an accurate assessment of your anticipated risks you can then select the combination of vehicle insurance options that works best for you and your vehicle. You may decide that your vehicle is simply not worth enough to spend too much on possible damage to it, but that it’s more important to protect yourself against possible damage to another vehicle. Alternatively you may live in an area were theft is minimal but hailstorms are regular. Either way, it is possible to structure what you spedn on vehicle insurance in a way that curtails possible unexcited costs for you down the line, giving you the peace of mind to drive safely and securely.

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For more information about vehicle insurance visit the website http://www.payasyoudrive.co.za

Car Insurance Quotes From Different Insurance Companies

Article by Psg Online

Whenever you get behind the wheel of a motorcar you are faced with the possible risk of causing damage to your own or another person’s property, and injuring or even killing yourself, other drivers, passengers or pedestrians.

Car insurance also known as auto insurance, vehicle insurance and motor insurance is purchased for all types of automobiles including cars, bakkies, minibuses and trucks. Car insurance provides financial cover against damage or loss caused to an insured vehicle that occurs due to a fire, theft or accident. Auto insurance also provides cover for financial liability against damage caused to someone else’s property, and injury to, or death of another person in the event of a car accident.

Most people don’t have cash available to pay for the losses or liability that can result from driving. Car insurance protects you and your family against claims that can leave you in financial ruin. In exchange for a monthly premium, car insurance companies agree to take on the risk to protect you in the event of an accident. Car insurance companies also protect your wealth by settling any loss or liability that may result from driving.

In South Africa there is no mandatory insurance regulation that requires all drivers to have car insurance unless the vehicle is still being financed by a financial institution. However, the benefits of auto insurance will always outweigh the costs when you need it. There are many companies offering online car insurance in South Africa with different levels of cover. In general the benefits of motor insurance include the following:

* Liability cover – covers legal costs, damage claims and personal injury claims filed against you if you damage another person’s property, kill or injure someone with your vehicle and you are found to be at fault.

* Uninsured automotive coverage – protects you against expenses incurred as a result of a vehicle accident that is caused by another individual who is uninsured.

* Theft coverage – covers the costs of repair or replacement of a vehicle that is damaged or stolen because of hijacking, theft or attempted theft.

* Accident repair coverage – covers the cost of repairs to your motor vehicle damage due to a collision with other vehicles, objects, or even persons. It also covers the repairs to someone else’s automobile damaged in a collision which is your fault.

Because vehicle insurance companies have similar products it is often difficult to decide which one to choose. Here are some of the benefits you get with online car insurance quotes and cover from PSG:

* Car insurance quotes – The PSG Online auto insurance quote system gives you several car insurance quotes from different insurance companies. You can then compare and select the car insurance quote that provides the right cover for your budget.

* Low Cost – We add value to short-term insurance through products, tariffs and low excess structures that are unique to us and very competitive in the marketplace.

* Policy management – You can manage your car insurance policy, print out proof of coverage, and view or manage your online bills through the PSG platform.

* Accessibility – Your car insurance details are accessible online so you have 24/7 service when you need it. In addition, our PSG Konsult broker support network which exceeds 250 branches countrywide network that exceeds 250 branches countrywide supports can offer a wide variety of additional products and other financial services.

* Online car insurance claims – The PSG platform lets you file a claim online and even follow it up online. You will also receive access to and expert team providing technical underwriting and claims advice for your car insurance.

* Convenience – We support you in every aspect of the process from the conclusion of your application to the maintenance, from regular reappraisal which improves competitiveness to car insurance claims of all sizes.

* Rewards – You will earn rewards whether you claim or not.

* Free Assistance – As a PSG short term insurance policy holder on your vehicle you will qualify for free emergency roadside assist.

Before you accept a car insurance quote, make sure you understand insurance terminology so you can ask your insurance broker questions.Car insurance premiums, like all insurance premiums, are determined based on risk and are calculated to reflect the probability that you will make a claim. Those who are unlikely to claim will have lower premiums than those more likely to make a claim.

Car insurance companies take many factors into consideration to determine the likelihood that you will make a claim. The factors car insurance companies use to determine premiums include: where you live, the type of vehicle you drive, whether your motorcar is for business or personal

9 Different Types of Business Insurance

Article by Patricia Strasser

Property insurance, casualty insurance, liability insurance, commercial auto, workers compensation, business interruption, health insurance, life and disability insurance, and other insurance or scripted policies are some of the different types of insurance that you can have for your business.

It is advantageous and helpful to have your business protected through reliable insurance policies. This will help you recover from severe loss in the event unexpected situations happen. Business insurance will also minimize the financial costs if ever our business venture meets unfortunate events. Read on to know the different business insurances that can be appropriate for your business.

Property insurance

This type of insurance focuses more on your belongings and properties to be protected against damage or loss. This will help you recover your lost or damaged belongings. You can also have your properties insured in a specific risk such as fire and other disasters related insurance policies.

Casualty insurance

This type of insurance focuses more on the loss or damage of your business. It will help you recover the loss of your business financially by receiving causality insurance. Casualty insurance is usually applied together with property insurance in insurance packages.

Liability insurance

This type of insurance insures and protects the business in cases the business is sued for negligence.

Commercial auto

Commercial auto policies insure your business vehicles for any damage, either as a result of accident, vandalism, or other damages received. A personal automobile policy will not cover and damage your commercial vehicle may incur.

Workers compensation

Workers compensation will insure the workers’ safety during while they’re at work. It will also insure the workers from the injuries they might encounter at work. Workers compensation may vary depending on every state. However, it is common that this type of insurance requires every employer to pay the worker all the medical finances and damages due to injuries incurred on the job.

Business interruption

This type of insurance insures the business’ loss and damage due to other external interruptions and factors. For example, if your machine is struck by lightning it can be covered by the property and casualty insurance. However if you cannot acquire the insurance more than the time given then a business interruption policy is the one that deals with it.

Health insurance

This insurance offers health coverage for you and your employees. Most companies or businesses have this insurance policy so their workers have adequate medical and health benefits.

Life and disability insurance

Life and disability insurance is an insurance that focuses on the beneficiary of an employee’s death or disability. For example, if the employee is dies or becomes unable to work their beneficiary, usually a spouse or children, will receive the insurance. This insurance type pays when someone carries a life insurance policy and names the another person as a beneficiary.

Other insurance or scripted policies

Scripted Policy insurance is an insurance policy written specifically for any particular risk. It is a policy applied by actors who get want to insure their lips, legs, or other part of the body relied upon for work.

Make sure that you get your business any of these types of insurance to secure your financial welfare in times of trouble.

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To know more about other leading insurance sales leads check out Top Pick Leads for information.

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Different Business Insurance Policy Options

Article by Teddy Wilkins

Buy Business InsuranceBusiness Insurance and Business Insurance Just what Kind of Business Insurance coverage Do I Need to Obtain for My Business Insurance Needs?

With regards to the individual risk characteristics of your business, the broker-agent will present you with various business insurance coverage options for purchasing business insurance. A broker-agent’s proposal is simply that, a proposal. When all is said and done it is your responsibilityto make an informed choice and select the business insurance that best fits your business insurance plan. The relationship that you build with a broker-agent is incredibly important in this specific critical decision making process. An experienced broker-agent has handled hundreds of businesses much like yours. Given that business insurance can be complex, you need to feel free to discuss any terms, conditions, or concepts that are unclear to you with your broker-agent. It is a broker-agent’s service to answer your questions and to help you understand the business insurance coverage you are purchasing. Even while your business may not require all business insurance lines, it’s a good idea to have a basic knowledge of the kinds of business insurance coverage obtainable. While your business changes and expands you will have the necessary knowledge to purchase insurance coverageas new exposures develop. The following business insurance linescover broad areas of exposure common to most business operations or business insurance needs:Property Insurance

Commercial PropertyInland MarineBoiler and MachineryCrimeCasualty InsuranceCommercial AutomobileCommercial General LiabilityCommercial UmbrellaWorkers Compensation

Business Insurance – Commercial Property:

Coverage Sections, Limits of Insurance, and Coinsurance Buildings you own or lease as an element of your business, your business personal property, and the personal property of others make up the basic coverage sections of commercial property insurance. Commercial property insurance can be offered separately as an individual line policy (known as a monoline policy), or it could be offered as part of a Commercial Package Policy (CPP), whichincludes two or more commercial coverage components such as commercial property, general liability, and commercial auto. Building coverage consists of buildings or structures and any completed additions, which are listed on the declarations page of a commercial policy. Permanently installed fixtures, machinery, and equipment will also be insured as an element of building coverage. The

limit of business insurance is the actual projected sum required to rebuild yourbuilding and to replace permanently installed fixtures, machinery,and equipment in the event of a total loss. You will be required under the insurance policy to fully insure the value of your respective structures.

If a building is not insured to value, you may be subject to a monetary penalty at the time of a loss. This kind of penalty is commonly referred to as “coinsurance.” It is very important to go through and fully understand the coinsurance clause of your commercial property policy and togo over any concerns with your broker-agent.

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Monument Commercial Insurance Agency We Compare Insurance Quotes For You! Save Time & Money, Shop Online Quickly and Securely.

Small Business Insurance www.insurantz.com Are you investigating business insurance for your small business? This video from http gives you a helpful and straightforward run down of all important points to consider when searching for small business insurance policies. It includes concise explanations of mandatory policies such as employers liability insurance and central options to consider such as public liability insurance and business contents insurance. Insurantz.com are specialists in tailored commercial and small business insurance solutions, so whatever business you are in, they can help you find the right insurance policy for your individual business needs first time. Small Busines Insurance