Some Things Your Car Insurance Company Won't Tell You

1. How to determine the value of "total loss."

Most companies will tell you that they use at least three methods or schemes to determine the actual a totaled vehicle's value including value books, computer-generated quotes from dealers, and local market research. In this case, you will probably think that local area is your current neighborhood, but it is not specifically defined by the insurer. If, in any case, the company cannot find an auto replacement in your neighborhood, so they have to find it not from your "local area," your totaled car's value is certainly affected. For example, if you currently live in New York, replacing your totaled vehicle in suburbs will be cheaper than in the city. 

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Insurance company will, of course, use quotes from suburbs area as the most-reasonably-priced estimates. The main purpose in totaling a vehicle is to allow the consumer (the insured person) to purchase the same car that is totaled in an accident within the local market. Since they use three different schemes to figure out real value of a totaled car, a consumer may end up with a cheaper car than the totaled one. It is impossible to be sure what value you will get when your company does not tell you how they determine it.

Fortunately, you can do some smart methods to help yourself and your company to do the value determination. First, you have to produce valid proof that your car was in good conditions when the accident occurred; car in good condition has better value than a wreck. Bring a copy of maintenance records including oil changes and inspection by an authorized mechanic. The records will tell your company that your auto was regularly maintained, meaning it was actually in great shape (in terms of appearance and performance) when the accident occurred. Moreover, you probably had special features installed such as multimedia system, anti-theft system, anti-lock brakes, rear view camera, or 5-harness seat belt. The car insurance company may charge you more because of some special upgrades, so make sure that your insurer includes that in the evaluation.

Another good thing is to find at least three dealers and get quotes on replacement from them; make sure all dealers in your local area or at least within short driving distance from your home. Present the quotes to your insurer and ask your insurer to provide a list of some car dealers who probably can provide a car for the price listed in the quotes. If you are not satisfied with the company's value determination or you get less than you expect, you can choose to do mediation. So, meaning you present the case to third party (neutral) to get help to settle the dispute, or arbitration, or you can even request a formal inquiry to the court.

2. If you want to cancel your policy, do it officially

Most companies say that consumers can cancel their policies at any date, but you need to notify the insurer concerning the exact date you want to end the coverage. The statement is clear enough; in other words, it says consumers have to notify their companies when they want to cancel their policies. However, consumers often think that when they ignore the last bill before renewal, the company will automatically end the policy. Too bad, this is not how it is done. People can forget and deliberately miss a bill, and the company totally understands that. After this first missed bill, your insurer is going to send you one more bill for premium payment; if you don't pay the bill, you will be cancelled for non-payment, and the record will hurt your credit score.

What you should do when you want to cancel auto insurance policy is to let the company know that you are canceling. Please make sure that you provide a specific date; it helps you avoid being totally uninsured for a certain period, time, term. The cancellation request will be sent to you, and all you have to do is to put your signature. It is recommended that you carefully check the document before signing it. Some companies may require you to provide valid proof that you indeed have another coverage before they can approve the cancellation. If you've financed your car, the dealer needs the updated policy information because valid proof of insurance is required in the purchase contracts.

Credit history still matters

The use of credit information to determine approval and premium rate is still common, despite the fact that some states already started to ban such practice. Some (if not most) companies use the credit history to generate risk score. They believe that it strongly linked or correlated to the likelihood of the consumer reporting a claim. More likelihood of filing a claim is exactly the same with high-risk driver that usually also pays more expensive premium fee compared to "safe-driver" or "the preferred class." The preferred consumers are those with stable credit card history as it suggests financial stability, meaning they are not likely to miss a payment. People of this category are safer consumers to insure compared to people with shaky credit history. Auto insurance companies do not like consumer who pays sporadically or changes accounts quite frequently.

There are some credit card issuers who offer free credit score checking, but in most cases, you need to pay for the service. Unlike credit score, risk score for insurance-related matters will not be available for you, but both probably indicate the same thing which is financial stability. If you are currently in the market to purchase auto insurance, and it turns out that you have quite unusual activity on your credit history within only certain time frame, you can wait until one month to allow the credit activity to go back to its usual condition. If you cannot keep the credit score stable, prepare yourself to pay more expensive premium fee.

3. Budgeting by installments is not always efficient.

Installments can pay almost all items, and consumers think that it is indeed the best way to budget the expense. When it comes to auto insurance, you can ask the company to divide the annual premium into a monthly basis, quarterly, or on six month. Please put in mind that dividing the annual premium will cost you "fractional premium." You can consider this additional service fee to arrange the installment. It can be as cheap as $10 per payment; the more you break it down, the most fractional premium to pay.

Most companies will probably offer you to pay in installments since it makes more money for them. When you apply for insurance, it is wise to ask whether there is any additional charge for installments option, and then you can compare the difference. If the fractional premium is not very expensive, then perhaps it is worth it. Another big difference between upfront payment and installments is that certain companies will immediately cancel your coverage if you miss one payment; even worse, they can do it without notification. It is best to pay up front if you can; the entire process will be easier, and you can indeed save few dollars.

Every vehicle model and type has certain premium rate

Of course, you all know that sport cars need more expensive insurance policies than a van, but insurance companies will not tell you the exact numbers. In general, it is true that attractive, sporty, luxurious car with turbocharged engine will go very quickly on the road, and it increases the risk of accidents, but this is not always true considering the discounts for safety features, security features, mileage (especially when you drive it less), etc. Auto insurance companies have a specific system to know the premium for all car models you can buy, based on the system rating by ISO (Insurance Service Office). Every type of car is rated from 3 to 27; higher number means a higher premium. Insurance Service Office says that it will not release the rating system for publication because its clients are insurance companies.

You will not get the rating system from your insurer; you may not even find it anywhere at all. The best thing you can do when you want to purchase a new auto is to ask the insurance how much insurance premium you need to pay for a new car that you want to purchase. If you keep a good relationship with an independent agent, he/she should be able at least to predict the price based on raw calculation.

4. Filing claim increases your premium.

People are always interested to see insurance companies reduce premium fee to attract potential customers. It is indeed one of the best things customers get from the competition in the market, but your insurer can increase the price right away after you file your first claim. The industry standard is to increase premium fee up to 40% of the base rate after first-at-fault accident. With the help of an online car insurance calculator you get a base rate of $500, your premium increases by $200. Some companies have different rules, but there is always a big chance your premium will go up after the first-at-fault claim. Some insurers offer "first-accident forgiveness," meaning your first actual claim will not affect the premium at all, but the variable and requirement for eligibility can be different from company to company. You should ask your insurer if such discount is available and how to qualify for it.
Term Life Insurance Companies, Their Ratings And More - There are countless term insurance life insurance companies. As someone who's been a life insurance professional for more than 20 years, I can honestly say that the best term life insurance companies, the top rated term life insurance companies, and the best rated term life insurance companies are very similar. It's not to say they are all exactly alike but they are usually similar. To compare term life insurance companies is really a matter of what's important to prospective insurance client.

Your priority
My experience has been that what most people are concerned with when it comes to term insurance is what it will cost them.

Clearly some term life insurance companies are more highly rated by companies such as A.M. Best, Moody's, and Standard & Poor.

Some of the factors that determine a company's rating are:

If any of these factors, among the others that are used, are important to you when you compare term life insurance companies, how important are these factors to you in comparison to price?

What if one company is considered one of the best term life insurance companies in the industry but the premium cost is double that for the same amount of coverage by one that is not considered one of the best rated term life insurance companies?

What's your priority?

Ratings

Similar to being in school, term life insurance companies and all insurance companies are rated on an A-F basis.

Seems easy to understand, right?

Did you know that and "A" rated company can be rated anywhere from A++ to A-?

Did you know that different ratings companies, including those mentioned above use different criteria to determine ratings?

Did you know that an insurance company can be rated differently by the different ratings companies?

If an insurer receives a favorable rating from one rating company and a less favorable one from another rating company, which one do you think they're going to make sure you're aware of?

Underwriting

Insurance companies use the term underwriting to determine who pays how much for what. Different companies have different underwriting guidelines. Its name literally means that someone in the company places a signature on the policy saying a particular person meets the company's underwriting guidelines.

There are three main methods used for underwriting life insurance policies:

There are also different underwriting classifications. The most common:

Some companies subdivide the classifications. For example:

Table can be in the form of a number (usually 1-6) or a letter (usually A-G) - the higher the number or letter, the higher the premium.

Convertibility

Some companies allow for conversion of a term policy to a permanent policy at a later date without proving insurability.

Other companies allow for conversion but require proof of insurability.

Some companies do not offer convertibility at all.

If convertibility is offered, it is often within certain time limits.

If you're sure you want term and nothing else, then this is not something you need to consider.

Price

The main factors that affect price:

1. Health

2. Age

3. Life style

They are numbered as such because that is generally the order of priority companies use to classify prospective clients.

Poor health can and will exclude someone regardless of age and lifestyle and no amount of money will buy insurance. On the other hand excellent health can go a long way in reducing premiums.

A person's age is the next factor. The age is compared to mortality rates. Different companies have different charts for mortality rates.

Another way to describe mortality rate is how many years someone of their age is away from death.

Statistically speaking, insurance companies know pretty accurately how many people of a certain age will die before their next birthday.

Life style is the third factor. The most common consideration is whether someone smokes but there are others as well, such as what someone does for a living. Certain professions are more hazardous than others.

A person's hobbies have an effect as well. Sky diving, and speed racing are often frowned upon, and may not result in denial of coverage, but could result in higher premiums.

Regardless of all factors, female rates are nearly always lower than male rates.

Fully underwritten vs. simplified issue vs. guaranteed issue

All things being equal, fully underwritten is going to result in the best priced premium. However, often times all things are not equal.

Are you sure your health is as good as you think it is or is it possible a blood/urine sample, saliva swab, or doctor's report could reveal something you're not aware of, or if you're not the most ethical person, perhaps something you simply don't want to reveal?

A fully underwritten policy takes much more into consideration when determining rating class and price than a simplified issue policy.

Depending on your point of view, that can be an advantage or a disadvantage.

Assuming you're being honest and there's not already information reported about you to the medical information bureau (MIB), your chances of a policy being issued as applied for are as high as 9 out of 10 if you apply for a simplified issue policy.

On the other hand, there is about a 60% chance you will not qualify for a fully underwritten policy as applied for.

A guaranteed issue policy will definitely be issued. You will know if you qualify before actually signing the application. It's either yes or no. However because it's guaranteed, the price is usually much higher, unless it is a conditional policy such as an accidental death policy.

Conclusion

Unless you know the ropes and/or can take the time to weigh all the factors when comparing term life insurance companies, an experienced professional can steer you the best term life insurance companies for you to consider.

Having said that, if you want to be absolutely sure that you'll get the insurance you want, it's best to buy a guaranteed issue policy.

If you're pretty sure you're in good health but don't want to go to the trouble of a medical exam or paramedical exam (blood/urine), or you don't want to reveal certain matters that could affect your ability to obtain insurance, you should consider a simplified issue policy.

Once you qualify for a policy, assuming no fraud is involved, the only one who can cancel the policy once it's been issued is you. The insurance company cannot cancel you as long as the premiums are paid.

Perhaps it makes sense to apply for a guaranteed or simplified issue policy first. Once issued then shop for the best price and/or the best rated term life insurance companies.

What's best for you?

I invite any and all questions and comments.
Health Insurance Plans - Health insurance plans that fit you and your family : When you’re looking for health insurance, it’s a good idea to take a look at all the angles. You want coverage that works with your lifestyle, helps you get the best care possible and fits with your financial picture. That’s where UnitedHealthcare comes in.

With a wide range of plans and an incredibly diverse network of doctors, clinics and hospitals across the nation, you’ll have access to many options with UnitedHealthcare. No matter where life takes you, our plans are designed to deliver high quality care and affordable prices.

https://www.uhc.com/individual-and-family/health-insurance-plans

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Term life insurance is best for specific expenses - If you have a specific need or time frame in mind, then term life insurance may be your best choice. And with Progressive® Life by Efinancial, you don't just get affordable term life insurance. You get the most bang for your buck, as term life is the most affordable kind of life insurance available through Efinancial.

What is term life insurance and when it’s best
Term life insurance policies are available for ages 18-80, and you can choose to have your policy last from set term lengths—the most common are 10, 15, 20, 30 years and pay out $100,000+. Your payments and benefit are fixed, meaning that neither will change or fluctuate during your term length.

Specific situations: Term life insurance is perfect for specific time frames, such as paying off your 30-year mortgage, or for specific needs, such as paying your children’s college costs that will start in 15 years. Basically if your finances are in order, but you’re worrying about a few larger expenses that you can time, term life will give you the most bang for your buck. If you want a policy that lasts your entire lifetime, then permanent life insurance might be best for you.

Term life insurance

Keep in mind that term life insurance rates are usually more affordable while you’re younger, and rates can increase as you get older. So the sooner you request a quote, the better your price may be.

Everything else term life insurance covers
When you get a term life insurance quote, you should determine how much coverage your family will need. Typically, customers get term life insurance to cover:

Lost income
Mortgage payments
Children's college tuition
Other debts that have specific end dates such as a car loan or business loan
Funeral or any other expenses your family may have
Get a term life insurance quote and instantly compare rates
We selected Efinancial to help you instantly compare term life insurance rates. Just get a quote, review a few different policy options, and estimated rates from leading term life insurance companies—then continue with the best company for you.

Depending on the coverage you select, a brief medical exam may be required to secure the best rate. See more on other types of life insurance we offer.

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https://www.progressive.com/life/term-life/
Phoenix Criminal Defense Attorneys - Whether you’ve been charged with a criminal offense, are being investigated by law enforcement, or are facing other serious legal issues, it’s natural to feel overwhelmed. You could be facing incarceration in prison or jail, harsh probation conditions, hefty fines, loss of employment prospects, or any other restraints on or erosion of your liberties. It’s even worse if you are facing capital charges in a state like Arizona, where capital punishment is a legal penalty. A conviction could mean losing not only your liberty, but your life as well.

When you’re facing criminal charges, the only thing that you can do is defend yourself, and defend yourself well. While you have the option to represent yourself in court, there is nothing smarter and more logical than getting the services of the best criminal attorney Phoenix can provide to take up the legal fight for you. If you’re charged with a crime in Arizona, Contact Lane, Hupp, and Crowley, PLC to consult with experienced a Phoenix criminal defense lawyer right away.

Know your rights

There is never a more important time for you to be fully aware of all your rights than when you are charged with a crime. The Constitution of the United States guarantees those rights, which include the following:

The right to remain silent – Once you are accused of a crime, you will find yourself the subject of questioning either prior to or during court proceedings. You, the accused, have every right to refuse to give an answer or a comment, regardless of how intense the questioning can get. Generally, invoking your right to remain silent is invoking your right against self-incrimination as stated in the Fifth Amendment to the U.S. Constitution.

The right to counsel — According to the Sixth Amendment of the U.S. Constitution, every criminal defendant has a right to have legal representation every step of the way, not just during criminal trials. Ideally, the accused should have a lawyer from the moment of his or her arrest, right through the appeals process if he or she is convicted. If the defendant does not have the means to get the services of a lawyer, the State will appoint one for him or her at no cost.

The right to a trial by jury – Article III, Section 2 of the U.S. Constitution and the Sixth Amendment explicitly states that anyone accused of a crime has a right to a trial by jury under most circumstances. A criminal defendant also has the right to a public and speedy trial. However, the offense must be serious to warrant a trial by jury. According to the Supreme Court, a trial by jury will only be held in cases where the offense carries a potential sentence of more than six months’ imprisonment. Petty offenses, on the other hand, merit a trial by judge.

Why you should hire a Phoenix criminal lawyer
The Constitution of the United States guarantees your right to counsel, particularly with its provision for appointing you a lawyer in case you can’t afford one. However, while court-appointed attorneys are generally capable of mounting a good defense for you in court, there are a number of reasons why hiring a defense attorney may still be the best option for you.

You have a choice when it comes to Criminal Defense in Phoenix
Once a court appoints a public defender to represent you, he or she will be your legal counsel right up to the end, unless your court-appointed attorney demonstrates neglect or incompetence like missing filing deadlines or appointments and therefore violating your right to adequate representation.

Getting the services of a private lawyer, on the other hand, means you get the chance to seek out a lawyer of your choice. You can do your own research and check out referrals until you find a lawyer that you believe can represent you well enough to get you a favorable result.

You will have a dedicated Criminal Defense & DUI Lawyer
Public defenders, in principle, should be committed to your case. However, considering that a typical court-appointed lawyer handles as many as 200 cases at any given time, it’s a possibility that not enough time and attention would be given to your case.

With private criminal defense lawyers, you can be sure that your case will be given the time and effort that it deserves. Using all resources and tools at their disposal, private criminal defense attorneys will thoroughly study your case and with your cooperation, come up with a defense that will give you your best chance of an acquittal, a dismissal, a favorable plea agreement, or a lenient sentence.

Below are a few examples of the types of Arizona criminal defense matters that we handle:

Drug charges
Theft
Fraud
Forgery
Burglary
Weapons charges
Homicide
Aggravated assault
Robbery
Domestic Violence
DUI
Aggravated DUI
Our Mission

Alex Lane, Jonathan Hupp, and Kevin Crowley founded Lane, Hupp, & Crowley, PLC to provide smart and effective representation to all individuals and companies who are accused of crimes or who otherwise need a powerful advocate in their corner. The partners have over 35 years of combined experience defending clients in all types of criminal, regulatory, or administrative proceedings. So whether you’re looking for an Arizona DUI lawyer or an attorney that specializes in more serious criminal cases, you can be sure you will receive the kind of legal defense to which you are entitled.

At Lane, Hupp, & Crowley, PLC, a partner will handle your case personally, unlike many other criminal defense firms in the Phoenix area. Clients of Lane, Hupp, & Crowley, PLC therefore receive the individualized service that a sole practitioner offers, with the benefit of having other experienced criminal defense attorneys in the firm to consult with. With Lane, Hupp, & Crowley, PLC, you will get the services of the best criminal or DUI lawyer Phoenix has to offer.

Lane, Hupp, & Crowley, PLC
The partners Alex Lane, Jonathan Hupp, and Kevin Crowley have represented clients in Superior Courts, Justice Courts, City Courts, and Municipal Courts throughout the State of Arizona. We serve clients in Phoenix, Scottsdale, Tempe, Gilbert, Mesa, Chandler, Tucson, Glendale, Peoria, Avondale, Surprise, Goodyear, Buckeye, Apache Junction, Maricopa County, and Pinal County, among other jurisdictions.

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The team at Lane, Hupp, & Crowley, PLC is ready to put its considerable experience and resources to work for your defense and give you the best chance at an acquittal, dismissal, favorable plea agreement, lenient sentence, or other advantageous resolution of your case. Call the office at 480-418-6970 or send an email to discuss your matter or schedule a free initial consultation.

http://www.lhccriminallawyers.com
How to Eat Healthy without “Dieting” - Eating healthy can be easy, tasty and inexpensive if you stick to some simple guidelines. Who isn’t trying to eat healthy these days? After all, it can help reduce your risk of heart disease, stroke and lots of other things you’d rather avoid. The good news is, eating right doesn’t have to be hard or require you to give up things you love. It’s all about making smart choices to build an overall healthy dietary pattern.

Here are some simple ways you and your family can eat healthier:
INCLUDE

    Fruits and vegetables
    Whole grains
    Beans and legumes
    Nuts and seeds
    Fish (preferably oily fish with lots of omega-3 fatty acids), skinless poultry, and plant-based alternatives
    Low-fat and fat-free dairy products
    Healthier fats and non-tropical oils
LIMIT

    Sweets and added sugars, especially sugary drinks
    Sodium and salt
    Saturated fat
    Fatty or processed meats – if you choose to eat meat, select leaner cuts

AVOID

    Trans fat and partially hydrogenated oils

TIPS
Choose mindfully, even with healthier foods. Ingredients and nutrient content can vary a lot. Read labels. Compare nutrition information on package labels and select products with the lowest amounts of sodium, added sugars, saturated fat and trans fat, and no partially hydrogenated oils. Watch your calories. To maintain a healthy weight, eat only as many calories as you use up through physical activity. If you want to lose weight, take in fewer calories or burn more calories. Eat reasonable portions. Often this is less than you are served, especially when eating out.

Don’t dismiss entire food groups. Eat a wide variety of foods to get all the nutrients your body needs.
Cook and eat at home. You’ll have more control over ingredients and preparation methods. Look for the Heart-Check mark to easily identify foods that can be part of an overall healthy eating pattern.

We can help you make healthier choices:

    At home
    At work
    At the grocery store
    In restaurants

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https://healthyforgood.heart.org/eat-smart/articles/how-to-eat-healthy-without-dieting
Definition: A business model in which a distributor network is needed to build the business. Usually such businesses are also multilevel marketing in nature in that payouts occur at more than one level. . Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in America, including Avon, Mary Kay Cosmetics and Tupperware, fall under the network marketing umbrella.

Network marketing programs feature a low upfront investment--usually only a few hundred dollars for the purchase of a product sample kit--and the opportunity to sell a product line directly to friend, family and other personal contacts. Most network marketing programs also ask participants to recruit other sales representatives. The recruits constitute a rep's "downline," and their sales generate income for those above them in the program.

Things can get sticky when a network marketing network compensates participants primarily for recruiting others rather than for selling the company's products or services. A network marketing system in which most of the revenue comes from recruitment may be considered an illegal pyramid scheme.

Since network marketing programs are usually exempt from business opportunity regulation and aren't defined as franchises under state and federal franchise laws, you'll need to do your own investigation before investing any money.

https://www.entrepreneur.com/encyclopedia/network-marketing

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