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Life is never fair. Just when you think you have hit rock bottom and things cannot get any worse, they get worse. You would have thought that a recession would mean premium rates would stay the same. In your dreams, you might have hoped for the rates to fall. After all, there’s massive unemployment – [...]
There’s a school of thought that says, “the number don’t lie”. The assumption is that numbers are facts and facts are always true. So if someone counts the number of times something happens, this gives you a basis from which to estimate the probability of the same thing happening across a population. This is the [...]
The car you own determines to a large extent the premiums you will have to pay for insuring it. Of course, your claims history, driving and credit records, your age, sex and location will also influence the rates, but not to the extent of your actual vehicle. You can make everything you can to improve [...]
As we have all known teenagers is the group of drivers who has the least ability to afford high expenses like car insurance for teenagers. Yet, it is no longer a secret that they are paying more than an adult driver is required to. Teenagers may feel they are being treated unfairly but insurance companies [...]
Urgency- this single word is more than enough to make people baffled. The phase of urgency can come to one’s life without any prior notice. Needless to say, it can come in various forms and monetary urgency is one that is nothing but a nightmare to general people. But like a sliver lining behind the [...]
Insurance is essentially a contract between the insurer and policy owner. Insurer agrees to pay an amount to the person insured or his nominee at any unfortunate event (according to the policy) or at the date or maturity or at death of the policy owner. Policy owner has to pay a fixed amount called premium [...]