Archive for

Cheap Car Insurance Quotes: Deductibles Evaluation Method Can Be of Help

It is known to everyone that it is a compulsory under the law for each and every driver to carry a minimum amount of insurance coverage. But the amount that most drivers spend for this purpose is in most cases outrageous. The continuous rising costs of insurance premiums therefore require an attention for drivers to be able to choose from the large insurance market those that will be able to save them some money.

In this article, I will be discussing with you the number one method to ensure that you save money on your car insurance. This method is based on your choice of deductibles.

Deductible is simply the fixed amount that you pay in addition to your monthly premium charges in the event of an accident and a claim against your insurance policy. Many people don’t know the relationship between the deductibles and monthly premiums. An understanding of this relationship can go a long way in making your choice of the cheapest car insurance in town.

In most cases the deductible charges range from about $250 to $1000 or above. But the cheaper deductibles are usually disadvantageous because they require a higher monthly premium compared to the higher deductibles. This can be shown by applying a simple calculation (which I’m going to show you) based on the set of insurance quotes available from your insurer. For example, let’s assume the quotes are as follows:

1. $200 per month and a deductible of $250

2. $150 per month and a deductible of $500

3. $100 per month and a deductible of $700

4. $60 per month and a deductible of $900

As it is evident in the quotes above, the quotes with higher deductibles have relatively lower monthly premiums. The reason for this is explained by the fact that low deductibles require the insurance firms to shoulder more of the financial risk involved in the event of an accident while they will take a lesser responsibility for the higher deductibles in the occurrence of an accident. In the case that two persons, A and B, registered with the insurance company that owns the quotes above. Suppose A went for the first option and B went for the last option, both on a 6 months policy. In the case of an accident within these 6 months, the total cost for both will be calculated as follows:

Total cost = [(Monthly premium) x (Term of policy)] + Deductible.

Then;

A’s total cost = [$200x6] + $450 = $1,450 and

B’s total cost = [$60 x 6] + $900 = $1,240.

This may not sound good enough. This may be because the quotes used are not typical of any insurance company but picked randomly from my brain. But the general concept remains that the total cost of an insurance quote with higher deductible are usually lesser. On the other hand, for the same insurance policy suppose there occurs no accident within this period of 6 months, which is most likely to happen since the odds of having an accident in a country like the United States is usually very low, ranging from between 2% and 5% from state to state. The total cost in this case will be calculated as:

Total cost = (Monthly Premium) x (Term of policy)

Hence, the total cost for;

A = $200 x 6 = $1,200

B = $60 x 6 = $360

This saves a lot of money while the odd of you having an accident is low. All you need to do now is look into the insurance market and figure out few credible insurance companies that has a range of alternative insurance quotes. The internet will serve as a tool for purpose. Then compare every one of them using the calculations above. Your result will give you the idea of which of the companies will provide you with the cheapest car insurance quotes.

All – New X-Trail Unveiled At Geneva Auto Show

The ongoing Geneva Auto Show has seen the unveiling of many advanced vehicles. From concept to production cars, the event has seen them all. One of the production vehicles to have graced the event is the all-new X-Trail from Nissan.

The Asian brand has finally shown the European auto scene what they have developed to replace the previous generation of the X-Trail. It can be remembered that the first generation of X-Trail received a very warm acceptance from car buyers across the global market. Nissan is now hard pressed to come up with a new version of the X-Trail which will exhibit the characteristics of the old X-Trail and which also will add to the mix new features that will make the new Nissan X-Trail more convincing for car buyers to purchase.

To come up with an idea of what they need to do to the second generation of X-Trails, Nissan has conducted a survey among their customers and asked what areas and features of the X-Trail did they like. The result showed that the majority of Nissan X-Trail owners loved the vehicle for its practicality, design, ease of use, and, of course, driving performance.

Nissan’s Executive Vice President for Corporate Strategy and Product Planning, Carlos Tavares, emphasized on these attributes of the X-Trail in his speech at the unveiling of the vehicle. “Customers love X-Trail’s convenience, its practicality, its strong performance and off-road capability. When we planned the new X-Trail, we were determined to keep those X-Trail roots, but enhance the entire vehicle,” Tavares said.

It is apparent that Nissan has restyled the new generation X-Trail but it still retains the robust and strong shape that auto enthusiasts liked about the original X-Trail. The shoulder line, glasshouse, and the window lines are similar to the first generation X-Trail. The new generation of the vehicle looks good enough even without.

While there are design concepts copied from the original Nissan X-Trail, the newest version offers an improved interior comfort and a new kind of practicality for every driver or passenger. While the interior of the vehicle offers comfort and convenience, it also offers practicality. This is shown in the placement of the instrument cluster behind the steering wheel which makes it easily visible to the driver. While allowing that, the placement also provides ample room for the center console.

The versatility and practicality of the new generation Nissan X-Trail is evident in its trunk. When compared to the previously released X-Trail, the new generation sports 145 liters more of trunk space at 555 liters. The design of the trunk and the enlargement of the area behind the last row of seats allowed the integration of a sliding drawer under the trunk floor. The space underneath the floor gives the Nissan X-Trail owners extra luggage space and a place to stow away valuable items.

The versatility of the X-Trail is further exhibited in the drawer with its partition walls which can be positioned in various ways. But if the owner of the new X-Trail needs more luggage space without having to use the drawer underneath the floor, both the drawer and the floor can be taken out.

Since the Nissan X-Trail is made to handle not so ordinary road conditions, it is equipped with a four-wheel drive configuration. Nissan has introduced their all-wheel drive system ALL MODE for the first generation X-Trail. It is only logical that the new version of the vehicle should also have an improved version of the all-wheel drive system. The current version of the system is now called as the ALL MODE 4x4i.

Improvements over the previous version of the vehicle include the Downhill Drive Support (DDS), and Uphill Drive Support (UPS). The DDS is activated manually via a switch in the center console. This system maintains a speed of 7 km/h when going downhill. This means that the driver can concentrate solely on steering instead of having to worry about the speed of the vehicle. The UDS, on the other hand, is automatic in nature. The system kicks in when it detects more than a 10 percent incline. The system activates the brakes until the driver starts to move forward.

Fuzz-free Ways to get the Best Auto Insurance Rates

People are always on the look out for great buys.Theres probably nothing more exciting than finding a good product for sale at an extremely low price. Auto insurance shoppers are in no way different.They scout the market for policies offering excellent coverage for the lowest possible cost. If you have somehow found yourself in need of auto insurance then heres something for you.But first, it would be helpful to understand one basic concept risks.

Auto insurance rates are largely based on the risk that a buyer or hes car would suffer from injuries and damage, respectively, from vehicular mishaps.The higher the risk, the higher the rates go.Showing proofs that you are a low-risk buyer enables you to get access to the best auto insurance rates available.

The following enumerates helpful advice on how you can successfully get the lowest rates.

Shop around.Dont just buy the first quote that comes your way.Remember that you have so many options that its simply up to you to look around.Online resources such as quoteserv.com, progressive.com, and geico.com can make insurance-hunting significantly easier for you by showing a summarized version of the best-priced options available.

Maintain a good driving record.Being marked as a safe driver gives you the right to avail of huge premium deductions from insurers.The number of years that youve been driving a vehicle, speeding points youve received, and DUI offenses youve been charged with all determine how safe your driving is.When you drive safely, you are at a lesser risk of being in an accident than those who drive recklessly.Regularly check your driving record for errors since experience shows that more than 20% of all records have wrong entries in it.Overstated penalties or speeding points can drive rates up so you need to examine your record before shopping for insurance.

Avail of discounts.Almost all insurers offer discounts for people and cars with specific characteristics that are indicative of lowered risks.Drivers under the age of 25, who have just finished a state-approved class on drivers education, and those over 55 normally get 10% off the regular rates.The same thing goes for students who have good academic records and who are presumed to be healthy and responsible drivers.Statistics show that engineers, mathematicians, and scientists get involved in much fewer accidents than the average individual warranting lower rates for such people.And due to meritorious reasons, teachers and military men are often offered reduced rates.

Drivers from rural areas get access to lower rates because the incidence of vehicular accidents is high only in urban centers.If youre not planning to drive your car to work, then youll also be entitled to discounts.People who drive to work everyday especially during rush hours in an urban environment is at higher risk of being in an accident than say, people who drive regularly on weekends for fun and leisure.

Meanwhile, owning a car that has been statistically proven safer than most models (by virtue of its design, features, etc) also gives you significant price advantages.In fact, merely having automatic seatbelts and airbags already gives you approximately 30%.Anti-theft alarms also cut insurance rates most especially when they automatically activate once the engine is turned off.

Sign-up online.Many companies now offer discounts to people who sign-up for policies online.This is because its much easier and faster for insurers to process applications filed online than those filed over the counter.Its basically cheaper for them and this savings are reflected on the lowered rates.