Новости и финансы

You are planning to start a new business-A driving school. The vehicles have already been purchased, the instructors are ready and the location is the ideal place you were looking for. But have you got Driving School Insurance? If not, do it. For a thriving driving school business, driving insurance is a must.

Driving school insurance is aimed at the instructor who would have to reel under the stress of minor accidents all the time. Driving instructor insurance adds value and saves money in the long run. How? The insurance covers – all parts of the car, the entire fleet of vehicles, damages from fire or in the event of theft, damages to the parts of the car, and even legal protection. Some insurance companies also offer no-claim bonuses, and cover the instructor in a pupil’s car at the time of the accident.

One day test cover insurance comes in handy during mock tests or drive, or on lesson days. They are very important and instructors usually go for 1 day test cover during test drives. These types of insurance are immediate and extend from a single day to 28 days. One day test cover insurance also works well for a new car, temporary or hired vehicle.

The precautions while going for driving school insurance include:

• Check out the premium costs. Higher premiums can eat into the profit of the company.

• Read all the instructions carefully, even the ones in small print, as they may have hidden costs and charges.

• Do a lot of research on the different companies offering insurance. Check their websites.

• Talk to other driving school instructors

• If you don’t understand the technical clauses, ask for an explanation

• See if there is complete cover for loss of the vehicle

• Check to see if the insurance covers non-fault accidents (accidents that happen through no fault of the instructor. This was introduced to prevent insurance companies evade paying the insurance cover when the vehicle is relatively undamaged, though the instructor is).

• Talk to the experts in the insurance company you are interested in.

Some of the insurance companies also calculate the insurance premium individually for the instructors. This may work out well for small driving schools, as the cost of the premiums would be less. However, bigger driving schools should go for a comprehensive complete cover for all the instructors. This would help escape the paperwork and save time. It may also be better to go for providers with many insurance companies under their belt. This would help in comparing the offers and premiums instantly. The experts would also be available at hand, and help select a policy and company perfect for you.

Also check to see if the information furnished by you is accurate and clear. Inform the insurance company of any previous accidents or claims. As only registered drivers are admitted in the insurance, get yourself registered before you apply for driving instructor insurance. Do not carry goods or passengers in vehicles meant for training.

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This digital document is an article from Los Angeles Business Journal, published by Thomson Gale on July 24, 2006. The length of the article is 744 words. The page length shown above is based on a typical 300-word page. … More >>
New regulations on car insurance should be rejected.: An article from: Los Angeles Business Journal

Affordable Car Insurance Can Happen: Things to Consider in Purchasing Car      Insurance

 

Affordable car insurance may be something of a rarity today. The law requires that every car owner purchases car insurance. Failure to do so will result to the revocation of your driver’s license. It’s no wonder that a lot of insurance companies take advantage of this.

Car insurance companies actually determine insurance premiums depending on several factors. An affordable car insurance premium may be possible if you fall in any of the exceptions in determining insurance premium affordable. Here are a few things to consider before you go and purchase your first car insurance policy and tips on hopefully getting a more affordable car insurance policy.

 

Car model

You have to understand there are some cars that are more expensive to insure than other cars. Generally, the more expensive the car, the higher the premium imposed on the car insurance and the smaller and the less expensive the car, the lower the premium. For example, the Subaru Impreza, a four wheel drive is a higher risk for expensive repairs due to collision as compared to the Ford Excursion, a two wheel drive which can get you affordable car insurance without a hitch.

There are also cars which are charged higher premiums in terms of safety features. The Suzuki Esteem, a four door drive is ranked one of the highest when it comes to injuries sustain during collision. The GMC Sierra, a two wheel drive, on the contrary is a safety-feature car so a more affordable car insurance premium is expected on this model.

 

Age of insured

People below 21 and senior citizens are charged more for higher car insurance premiums. This presupposes the fact that younger people are less likely to be responsible drivers supported by the growing statistics on deaths caused by automobile accidents with drivers in this age group. Senior citizens are also more likely to be in an accident due to slower reflexes.

However, there are state that offer discounts for full time students and those under the age of 25. There are requirements to be fulfilled and if you qualify, you can get affordable car insurance. Senior citizen discounts are also available on a state-to-state basis or depending on the company policy.

 

Age of the car

You have to consider as well the age of your car. If it is an older model, you can get affordable car insurance depending on your policy. Older cars are liable to spare parts cannibalizing. Instead of being stolen and dumped, older cars are easy target for hard to get parts. At best, you can consider a basic and affordable car insurance policy without other theft, natural events and other coverage.