Archive for July, 2009
Auto Insurance Fraud on Rise in California
Posted by Insurancedojo in General, car insurance on July 31st, 2009
Auto insurance fraud is on the rise in California, the California Department of Insurance (CDI) Commissioner said Tuesday. The reason for the uptick in auto insurance fraud in the Golden State: the down economy.
CDI has recently complied statistics showing that scam artists are cashing in on auto insurance money. The number of auto arsons and suspected car theft fraud cases went up in 2008.
“Department of Insurance investigators have seen an increase in suspected automobile arson and theft fraud cases recently,” said Commissioner Steve Poizner. “Our enforcement experts are working hard to crack down on anyone attempting to skirt the law for financial gain.”
The CDI reported a 25% increase in suspected vehicle arson fraud cases in 2008 compared to 2007. They also received approximately 200 more suspected vehicle theft fraud case referrals in 2008 than in 2007.
“Many Californians are facing a host of financial challenges in today’s economy, but I want to remind everybody that you will only compound your problems if you break the law and commit fraud in search of a quick fix,” said Commissioner Poizner.
Auto insurance fraud has a direct affect on car insurance rates. The money spent by insurance companies to cover the costs of fraud gets passed on to consumers in the form of higher car insurance rates. The Coalition Against Insurance Fraud estimates that insurance fraud costs at least billion each year, or almost 0 per family, in higher car insurance rates.
For more Insurance News, check out InsWeb.com’s News and Features!
Related Stories
Auto Insurance Fraud on the Rise: Is the Economy to Blame?
Does a Bad Economy Lead to Insurance Fraud?
Auto Insurance and Staged Auto Accidents
Which is the Best Life Insurance Company in Florida?
Posted by Insurancedojo in General, life insurance on July 31st, 2009
How can I get life insurance quotes from the best life insurance company in Florida?
There are many highly-rated life insurance companies that do business in the State of Florida.
Among the leading life insurers offering coverage for life insurance in Florida are Prudential, Metlife, Allstate, Lincoln Financial, Liberty National, and Genworth Financial.
Now you have the option of visiting a leading life insurance quote website that offers free quotes for life insurance from multiple life insurers.
When comparing your Florida term life insurance quotes remember to shop several life insurers, because rates vary by company. And, review the financial rating of the companies, because the higher the rating, the safer and more financially secure the carrier.
Termfinder is a leading life insurance quote website that has access to a network of more than 70 top-rated life insurers.
With Termfinder, you fill out one form and receive the 12 lowest quotes for life insurance from highly-rated life insurers offering you savings up to 75%.
You can compare your instant quotes side-by-side and find the best price from the highest rated carrier. if you have questions, Termfinder has a toll-free number you can call for the answers.
Here’s how to get your free, instant life insurance quotes from Termfinder so you can compare rates from the best life insurers in Florida.
Which is the Best Life Insurance Company in Florida?
Posted by Insurancedojo in General, life insurance on July 31st, 2009
How can I get life insurance quotes from the best life insurance company in Florida?
There are many highly-rated life insurance companies that do business in the State of Florida.
Among the leading life insurers offering coverage for life insurance in Florida are Prudential, Metlife, Allstate, Lincoln Financial, Liberty National, and Genworth Financial.
Now you have the option of visiting a leading life insurance quote website that offers free quotes for life insurance from multiple life insurers.
When comparing your Florida term life insurance quotes remember to shop several life insurers, because rates vary by company. And, review the financial rating of the companies, because the higher the rating, the safer and more financially secure the carrier.
Termfinder is a leading life insurance quote website that has access to a network of more than 70 top-rated life insurers.
With Termfinder, you fill out one form and receive the 12 lowest quotes for life insurance from highly-rated life insurers offering you savings up to 75%.
You can compare your instant quotes side-by-side and find the best price from the highest rated carrier. if you have questions, Termfinder has a toll-free number you can call for the answers.
Here’s how to get your free, instant life insurance quotes from Termfinder so you can compare rates from the best life insurers in Florida.
Involved in a Car Collision? This is What You Have to Do
Posted by Amy Nutt in car insurance on July 31st, 2009
If you drive frequently, then you know that accidents are a common occurrence on the highways, within the city, when travelling and during the course of your daily commuting. Accidents are a dime a dozen and can be fatal, mild or severe. Whatever the case, if you get involved in a collision, here’s what you should do:
1. Check the State of People Involved
The very first thing to do is check if no one is hurt. This will determine what your next step will be. If someone is hurt, call the police immediately. It is a crime to hit and run or leave someone injured in an accident to his fate. If the accident is fatal and you can move, try what you can to keep anyone alive. In cases of fire, see if you can extricate any of the individuals. If you can, bring them out gently and move them far away from the inferno. Then check to see if they are alive. Lay them down in a position where they are facing upwards and see if they can talk. If they can, ask them simple questions to see if they can still recall things. If the police hasn’t arrived by this time, try to keep them alive. If anyone is bleeding try to tie a tourniquet around the bleeding part. If it is in the limbs, try tying it at the upper part so that the individual will not lose too much blood.
2. File an accident report within 10 days.
This will ensure that you do not get your license suspended. For accidents whose damage assessment is less than a thousand dollars, you should exchange details such as driver’s license numbers, phone numbers et.c. In cases where a domestic animal is hit, you should do all in your best to contact the owner.
3. Contact your car insurance company
There is a reason it is generally advised that all car owners obtain some form of auto insurance and it is that in cases of theft and collision, the insurance company can pay after you make your claims. If the claims are justifiable and proved true, then you will get your benefits. While the insurance may not be able to pay you everything, they can reimburse you to the tune of eight, sometimes ninety percent. That’s at least better than having to scrape up the money for a new car if the car is totalled or pay for the repairs of a slightly damaged car. Therefore, as soon as you can, get in touch with your insurance company and file a claim. This should be attended to before long.
4. What’s Your Status?
This simply means “who was responsible for the collision?”. What were you doing before the accident? If you were drinking and driving or making out, then it might interests you to know that no insurance company is going to be responsible for your excesses. So, be careful particularly when you are filing your claims.
Building Your Home In Costa Rica A Natural Decision
Posted by Randy Berg in car insurance on July 31st, 2009
What initially attracts you to Costa Rica is the landscape which is quite incredible. The coastal range of over 1200 kms with sandy beaches running along, and cliffs and hillsides dotted with streams and covered with lush green rainforests. The soil is fertile and farming is one of the natural occupations here. Building your home in Costa Rica is for both urban and rural development. Take your pick according to your choice.
The attraction for tourists is not just the scenic beauty but also the number of plants and animals that are found here. This is a natural habitat for both and tourists enjoy seeing them in their natural surroundings. To be part of the tourist trade and make a thriving business out of this opportunity building your home in Costa Rica is a natural decision for anyone.
The cost of real estate is low when compared to the mainland of America or any of the neighboring countries. This makes building your home in Costa Rica value for your money. You can own a swanky home on the beach front for the same cost of a small home in America.
Building your home in Costa Rica gives you many options like building on the beach front, or with an ocean view or even own a large farm on the sides of the rain forest hillsides. All these options will give you beautiful properties whose values will multiply and give you fantastic gains if you sell the property after a few years.
Real estate is booming in Costa Rica and though there are areas which are protected and development is not permitted, areas which are being developed have beautiful homes ready for sale and also with great views of the sea and the rainforests. Building your home in Costa Rica becomes a natural wish for most people and there are companies who cater to these needs.
Another attraction for building your home in Costa Rica is the low cost of housing and construction. Owning a home here is a real asset and the flow of tourist traffic gives people the opportunity to set up a business by renting out rooms in their beautiful homes to these visitors. Homes which have exclusive views and are on the beach front are more in demand and will fetch amazing rents when let out even for a few days.
Apart from all these benefits are the amazing tax structures and profitable gains when you sell and make a good capital gain on your property. The tax for this is also low and you do not have to pay exorbitant amounts for the gains you have made. Building your home in Costa Rica is a get rich quick plan.
-
-
You are currently browsing the archives for July, 2009
