Archive for the ‘6’ Category

Cheap Teen Car Insurance – How To Get Cheaper Car Insurance

July 13th, 2010 by floryn | No Comments | Filed in 6
Teen car insurance can end up costing you quite a bit of money if you go the standard route and get it from an off line insurance broker. These days, you have a better likelihood of finding cheaper car insurance if you shop around online. You can go to a site that will be able to provide you with quotes that may be a lot cheaper than what you are paying now.

There are several ways to get cheap teen car insurance. One of the most popular ways to get cheaper car insurance for teens is to have them insured under your own policy. In this case, the car is registered under your name, although you can also have the teen on the registration as well. You can always sign off on the car when your teen comes of an age when their car insurance rates go down, which is usually by the age of 24 for boys and 22 for girls. This way, your teen is a secondary driver on the vehicle which ends up saving you money. If you are looking for cheap teen car insurance, this is one way to do it. You should be aware that by getting cheaper car insurance for teens in this manner, you are putting yourself at a liability in case your teen meets with an accident that results in a lawsuit; you may want to think about increasing your liability coverage.

Another way to get cheap teen car insurance is to get them liability only coverage that is mandated by the state. Each state has a minimum liability coverage for drivers. If the teen is driving an older model car, this makes sense as you are not paying a premium for a car that is not worth that much money. If you want to get cheaper car insurance, one way to do it is to get state liability minimum coverage only. This usually ends up saving you a great deal of money and works out well if you are a safe driver.

Making sure that the teen has a good record without any moving violations will also help you when you are looking for cheap teen car insurance. Cheaper car insurance for teens is easier when they have not received any speeding tickets or they have not gotten into any accidents. You should talk to your teen about the responsibilities of driving a vehicle and about insurance when they begin driving. It is a good idea to let the teen pay for their car insurance premium, or at least part of it, so that they understand how they can maintain low premiums.

Your best option to get cheaper car insurance for your teenaged driver is to go online and look around. You will see for yourself that there is a vast difference when it comes to premiums for cheap teen car insurance. If you are looking for a way to save money on your car insurance for yourself or for teenagers in your house who are driving, then you owe it to yourself to shop around online for the best premium rates possible.

More Tips For Saving Money On Your Children’s Car Insurance

July 13th, 2010 by floryn | No Comments | Filed in 6
Boy are insurance premiums shooting through the roof! Seems like a month doesn’t go by when some insurance of mine hasn’t increased its premiums by just a little bit. Why, at the end of last year 2009 I even got a letter from my health insurance company telling me that times are tough and we all have to band together and pull each other through this recession. Apparently the way to do that is for me to start paying more for that particular health insurance!

But there’s one kind of insurance in particular that is historically more expensive then it maybe should be, and that is auto insurance for children. Now I can sort of see the case that the insurance companies make… that is, kids get in lots of car wrecks. They’re stupid, they do stupid things, they drive stupidly, they don’t pay attention very well, and they simply don’t have much driving experience which leads to more auto accidents. And when there’s more auto accidents, that means the insurance companies have to pay out more money… which is something that no insurance company likes to do. Hence higher rates for childrens car insurance.

This can be especially hard to handle if your family has several children all of whom need car insurance. But there is some silver lining to this problem. There are several ways that you can lower the cost of your premiums for insuring the children in your family.

The first and most basic tip is to make sure that your children have taken driver’s ed. While it is true that most states require the passing of driver‘s ed in order to issue a valid drivers license, some states don’t. If you live in one of those states then make sure that your child has attended and in fact passed driver’s ed class anyway. If they do, you can expect a decrease in your insurance premium by sometimes as much is 10% or more. Of course you can must actually pass the class; it’s not good enough that they merely attended.

The next tip that most people have already heard of is called the “good student discount”. Basically this just means that if your child maintains at least a B average you get a discount. The higher your child’s grades are, the higher your discount will be… so keep that in mind, most people don’t realize that part. You’d be surprised but sometimes having a good student can lower your insurance premiums by as much as a fourth which is a lot of money if you actually think about it.

Another tip has to do with cars that your children own outright. If your kid owns their own car then insure them under your policy and not under their name. Almost every insurance company offers a multicar discount and this discount can range anywhere from 10% sometimes up to as much as 30% depending on the company. That will give you a significant discount month in and month out.

Finally, if your child lives over a hundred miles away for college and doesn’t have a car on campus then you can try for a college student discount which ranges usually from 10% up to 15% and sometimes even 20%. You may be curious why you would need car insurance at all for your children if they’re away at college and aren’t driving… well they always come home don’t they? Spring break, fall break, summer break, Christmas break, and on and on… and when they do what’s the first thing they ask for? The keys! So there you go.

There you are, several tried and true tips to lower your insurance premiums for children in your family.

Foreclosure Auctions, Where are they?

March 23rd, 2010 by floryn | No Comments | Filed in 6
Are you looking into buying a new home or investing in real estate? If you are, you may be turned off by the real estate prices you see on the market. This doesn’t mean that now isn’t the time to buy a home, but it does mean that you may be looking in the wrong place. Instead of visiting the online websites of realtors or flipping through their brochures, place your focus on foreclosure properties. Foreclosure properties are often considered a great buy, as they are easy to find and affordable.

One of the most popular ways that foreclosures are bought and sold is at an auction. This auction typically takes place at a county, town, or village government offices, such as the clerk’s department. As for how you can find these foreclosure auctions, they are often advertised in local newspapers. You can also search local court records, as foreclosures are public notice.

One of the few downsides to buying a home at a foreclosure auction is the inspection, as you aren’t typically granted one. Most bidders are bidding on the home as-is, as-is isn’t so bad, but it may be if you haven’t seen the property. With that said, since foreclosures are public notice, you should be able to get the address of the property in question. You will want to do a drive by, although you should not judge a book by its cover, a drive by can give you an idea of what to expect. When you have doubts, it may be best to move on and target other auctions.

If you decide to attend a foreclosure auction, the last thing you want to do is just show up unless you are scouting to see how an auction works. When you are serious about purchasing a foreclosed property at an auction, you need to be prepared. This preparation involves having financing lined up. Many will require that you either have the money on hand or show proof that you do have the financial resources needed to follow through with the sale. Contingency loans are generally prohibited. Check deposits are sometimes required before you can even place a bid.

As for the auction itself it depends, it’s not uncommon for bids to be sealed. Once everyone has placed a bid, the highest bidder will be announced. For bids that are not sealed, the auctioneer will start with a figure, often around $1,000 or less and the bidding will continue on. If you are the winner bidder, it is important to know that you may not be able to move into your new home right away. In fact, it is likely that you will be unable to do so. Many states give current occupants a redemption period or a grace period, this is where they can still fight to keep their home. After this point has passed, you can start the eviction process if the current occupants don’t leave voluntarily.

As was previously stated, you may want to attend a foreclosure auction and just sit on the sidelines. You should be allowed to do so and if you are unfamiliar with the buying and selling of real estate, foreclosures, or auctions, you can learn a lot. This knowledge is important, as many bidders will be investors looking to turn a profit, not buy their first home.

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