Insurance - Tips and Hints

Insurance News:

Car Insurance
Advertise with Us
Insurance Blog
Link to Us

Informative Articles

How to Reduce Car Insurance Premiums
Here are some useful tips on how to reduce car insurance premiums. Firstly, you need to find a sense of balance between coverage and cost. Apart from negotiating a good deal, there are some other things that you can do to further bring down your car...

Life insurance � wise investment in personal finance or excessive caution?
Life insurance is typically taken out to offer valuable financial protection for your family in the event of your death, upon which a payment is made to your financial beneficiaries, heirs or family members. The extent of this payment will depend on...

So What's Life Insurance All About?
LIFE ASSURANCE Life insurance (also called Life Assurance) is a way of financially protecting your family should you die. The most frequent reasons people take out life cover are to pay off debts upon their death - such as a mortgage - or to...

The Awful Truth about Annuity and Insurance Leads
You see the websites, you see the ads: exclusive, never before sold, prospects eager to buy, insurance and annuity Leads. Some leads cost a few dollars - others are over one-hundred a pop. I was curious, just how good are these insurance and...

Vision Insurance: Your Child's Vision and Preparing for Unforeseen Problems
Today, 1 in 4 children has an undiagnosed vision problem. Although, the chances of developing a vision problem are greater if there is a history of eyesight problems in your family, many children with no such family history encounter a...

Insurance - Tips and Hints

There are several ways to reduce your Insurance Premiums, and by implementing these methods you can save yourself thousands a year.

Excess

Most claims are subject to an excess which is stipulated in your policy. If you opt for a higher excess, your monthly premiums will be less. In an average policy the excess is usually between 750.00 and 1000.00 If you make your excess 2000.00, you will also protect your no-claim bonus, by not claiming for small amounts during the year, which will result in your premiums being lowered the following year.

Market Value

The replacement value of goods, increases all the time. The only exception is Motor Vehicles. Make sure you car is only insured at the market value. A car you bought 5 years ago will not have the same market value today. So check with your broker or insurance company that you are only paying for the market value and that it is reduced on an annual basis.�

Specified Items

Most Insurance Companies require you to Insure

specific items in your policy. i.e. - Jewellery, Glasses, Cell phones etc. Make sure that if you no longer own these items, that you have them removed from your policy. There's no point paying cover for something you don't own anymore.

Security

By installing the following security measures, your are reducing the risk of loss, and will result in reducing your monthly premiums.

Household Burglar bars Alarm System and Armed Response Security Gates Motor Vehicle Alarm, Immobilizer or Gear Lock Satellite Tracking System

No-Claim Bonus

Your monthly premiums are directly related to your number of claims you submit. The less claims you submit, the lower the premiums. Most insurance companies offer a discount on household and car insurance if no claims have been submitted. Policyholders can earn such a bonus on the basis of a claim-free history.

About the author:

Written by Dale Maxwell - http://www.insurance-south-africa.co.za -http://www.dialdirect-quote.co.za

Hot Topics:

pet insurance

farmers insurance

homeowners insurance

term life insurance

cheap auto insurance

travel insurance

cheap car insurance

medical insurance

car insurance quotes

cheap insurance

motorcycle insurance