Car Insurance Deals

Motorcycle Insurance

Currently, the United States has more than four million motorcycles registered to drive on public roads. Most major insurance carriers have responded to the needs of this substantial market by offering the same protections and benefits to riders as they do to drivers by providing motorcycle insurance policies. For bikers, the need for quality insurance protection is especially critical. According to the NHTSA, roughly 80 percent of motorcycle accidents result in death or injury, whereas with automobiles, the figure is only about 20 percent. The best way to combat these unsettling statistics is to ride safely, and that includes carrying adequate motorbike insurance protection.

The Elements of a Motorcycle Policy

By and large, motorcycle insurance looks nearly identical to coverage for a conventional vehicle. The only significant difference is that certain carriers offer optional specialty coverages created specifically for motorcyclists.

Full Article…

Peace Hills Insurance has selected UNIT4 Business Software to provide its Agresso Business World solution, which is an Enterprise Resource Planning (ERP) solution to replace the old green screen financial system.

The implementation follows the insurance firm’s need for enhanced reporting in varying business conditions.

Peace Hills Insurance information systems project manager Todd Krepakevicht said, “Agresso’s flexibility lets us get pertinent information out to help us improve efficiency and make better business decisions.”

The current agreement also comprises the Financials, Planner and Expenses modules from the Agresso suite.

Serious Vehicular Incidents

With most traffic violations, drivers get away with a mere slap on the wrist—a fairly small fine, one or two points against their license, and a note on their driving record. However, for a handful of especially egregious offenses, the penalties are far more severe. Large fines, jail time, and license suspension or revocation are a few of the possible consequences of committing a serious traffic offense. Read on for the details of what typically happens when you are convicted of any of the following traffic violations.

Driving on a Suspended License

Remember driving is a privilege, not a right, and the state can suspend a driver’s license for reasons including but not limited to excessive traffic violations, driving under the influence of alcohol or drugs, and failure to pay fines for traffic offenses. Suspensions, unlike revocations, are finite—they can last anywhere from several months to several years. If you drive while your license is suspended, a first offense could get you several months in jail, several hundred dollars in fines, a mandatory license suspension of a year or more, and/or community service. Sub

Full Article…

New Zealand based Lumley General Insurance has deployed Guidewire PolicyCenter as its new underwriting and policy administration solution and Guidewire BillingCenter as its new billing system for both commercial and personal products.

Deployed in a phased implementation approach, the modern technology platform is intended to help the firm meet its changing business demands as well as to improve data quality and access, create consistent processes and best practices, and manage risks during the underwriting process.Lumley Head of IT Mike Gardner said the successful deployment of PolicyCenter and BillingCenter was based on the familiarity obtained during the ClaimCenter implementation.

Full Article…

Traffic Tickets

Everybody makes mistakes. When it comes to driving a motor vehicle, mistakes that result in a ticket can cost you big time. It’s important to realize that driving is not a right, it is a privilege. If you consistently abuse the privilege, chances are you will end up with a suspended driver’s license. You might also end up with mounting fines and attorney fees. In fact, some traffic infractions will land you in jail, such as driving under the influence of drugs or alcohol or leaving the scene of an accident you were involved in. If you’re ever charged with a DUI, expect to see about a 25% increase in your rates, of course, that’s if your insurance company doesn’t completely drop you from their coverage.

I Just Got a Ticket. Will My Insurance Go Up?

You may be wondering, “how much will my insurance go up with a speeding ticket?” Every insurer has a unique standard when it comes to determining rate increases following a moving violation (such as a speeding ticket).

Full Article…

Great American Insurance has partnered with SafetyFirst Systems to offer a new programme that helps profit and non-profit organisations to identify their volunteers and employees taking aggressive risks during driving .

The early warning system helps managers to train employees or volunteers on proper driving procedures by providing timely, credible information about the incident and materials benefitting the policyholder with a positive public image and greater driver awareness.The programme features a monthly training programme, covering topics such as road rage, drowsy driving, avoiding pedestrian collisions, and coping with poor visibility.The programme begins with the installation of uniquely numbered decals on selected vehicles which also includes a toll-free number for motorists to call if they see risk-taking behaviours.The information is collected by SafetyFirst’s call centre and is then sent to the policyholder along with a monthly summary.If utilised consistently, the programme will help reduce the crash rate by up to 20 to 30%, and can be included in the cost of the policy for qualifying policyholders.

Most Common Vehicle Incidents

If you received a traffic citation recently, there is a good chance the violation was one of the offenses discussed on this page. Below, you’ll see a description of the most common traffic offenses for which drivers are cited. Each offense explains what you might be able to do about the ticket and how the citation will affect your insurance rates, if at all.

#1 At-Fault and Not-at-Fault Accidents

An at-fault accident is one for which you are legally and financially responsible. By contrast, a not-at-fault accident is one in which another driver bears responsibility for the collision. Typically, the determination of fault is left to your insurance company, which will base its conclusion on the police report (if there was one), your account, and the accounts of the other involved parties.

Full Article…

US based Kentucky National Insurance has selected Stingray System to provide Maximum Processing’s web-based, policy, billing, claims and reinsurance insurance administration system for processing their lines of business.

Kentucky National Insurance president David McMullen said the company had selected Stingray System based on its features and functions and will enhance the staff’s knowledge and understanding of its business and needs.

“The Stingray System will allow us to offer a richer environment via the web and improve the service to our agents and customers while improving the productivity and efficiency of our staff,” McMullen said.

The system offers workflow, imaging, many third party interfaces which include Credit Card, General Ledger, Comparative Raters, CLUE, MVR, 4SightBI, bureau stat reporting and others. A

Full Article…

International Drivers and Driving Abroad

With how many complexities are involved in such a situation, it’s no wonder drivers are often confused about what rights and insurance coverage they have when driving abroad. If you are a United States citizen driving abroad, for example, should you purchase car insurance in your destination country or the U.S.? If you have an accident, will it appear on your driving record back home? Can you purchase insurance in another country with a foreign driver’s license? In what follows, we’ll address the answers to these and other questions pertaining to American drivers abroad as well as foreign drivers in the U.S.

American Citizens Driving Abroad

If you plan to drive a vehicle on your trip abroad, you should obtain an International Driving Permit (IDP) before taking your trip. Most countries will not recognize your state driver’s license as an acceptable form of identification for foreign drivers. You can obtain an IDP from AAA (the American Automobile Association).

Full Article…