Many insurance companies in California are now recognizing domestic partner relationships and are now offering couples that are in these relationships the benefits that married couples receive.Some of these benefits include a lower rate. Many insurance companies are offering the same rate to married driver that they offer to couples that are in a domestic partner relationship. Acceptability will vary from company to company. Some...more
With policy retention for auto insurance clients that have automatic payments deducted from their checking account significantly higher that other clients on direct bill, many insurance companies are offering more competitive payment plans, lower initial payments, and reduced billing fees to entice consumers to enroll in automatic payments.This has been a growing trend in the last couple of years. The percentage of clients that have...more
Many insurance companies are changing their guidelines for policy reinstatements. When a policy is set up for monthly installments the insurance company will cancel the policy after the grace period due to non-payment of premium. Although the insured will not have coverage after the cancelation date many companies are offering to reinstate the same policy term rather than having the client purchase a new policy.There are a few ways that a policy can be reinstated. With some carriers the insured can make a payment and reinstate the policy with a lapse in coverage. This means that the policy would not have had any coverage from the date that it had cancelled until the reinstatement date. Most companies will provide coverage effective the date after the payment is made in order to reduce fraud. This way the insured cannot get into an accident then reinstate the policy and request that the insurance company pay for the claim.Other insurance companies offer what is known as a reinstatement without a lapse in coverage. This means that the policy will be reinstated back to the original date of cancelation. Most companies that offer this type of reinstatement will have a...more
There are many benefits of purchasing an auto insurance policy that covers the entire family as drivers and all of the vehicles in the household. There is generally a significant savings associated with having a family policy, all of the drivers can share vehicles and have coverage, and the billing of a single policy is much easier to...more
Consumers should be weary of the consequences associated with having payments that are not honored by their bank when their auto insurance policy is set up on automatic payments. Although there is significant savings in the billing fees, having multiple payments that are not honored could easily cost more that setting the auto...more
Many companies that offer commercial auto insurance will offer a variety of payment plans for the policy. Eligibility of these plans will vary from policy to policy and often depends on whether or not the policy has fillings that are associated with it.In California, many insurance companies will issue an MCP filling for the insured. This tells the state that the vehicle is insured up to the limits that are required on for the filing. Coverage cannot be below $750,000 for vehicles that have an MCP filing. When the insurance company notifies the DMV that the filing is on the policy they at the same time agree to notify the DMV 35 days in advance of any midterm cancelation.This in turn means that the insurance company will not be able to cancel the policy for at least 35 days after the due date of the bill. Many insurance companies now collect a higher percentage of the premium associated with the policy. This helps to protect the insurance company from a large amount of bad debt associated with policies that cancel for non-payment that have filings.Having the requirement of a 35 day notice of cancelation sent to the DMV forces these insurance companies to collect a...more
It is important for consumers to understand the differences between towing reimbursement and roadside assistance coverage on their auto insurance policy. Although many people believe that they are the same, in fact there are several...more
Many auto insurance policy holders are not aware of the limitations of glass coverage protection on their auto insurance policy. Many auto insurance companies offer protection to their policy holders that carry comprehensive and...more
We could sit here and rehash to you the requirements for operating an automobile on the streets of Dayton, Ohio but instead we decided to cut to the chase and get down to brass tacks. When you are buying auto insurance in Dayton it is much like...more
Many Americans have taken interest in restoring classic vehicles but when it comes to insuring them many of these classic car owners are unaware of the options for coverage. Many standard auto insurance policies are not designed to...more
As the interest in restoration of classic car restoration increase so does the amount of classic car owners that are in the midst of restoration of their vehicles. These classic car enthusiasts are learning quickly that it can be a...more
Qing Yi Precision Optical (Shenzhen) Co., Ltd. (hereinafter referred to as "Qing Yi-optical") self-designed TFT-MASK project a project will be completed ceremony and celebration of the tenth anniversary of the Qing Yi Optoelectronics...more