Auto Insurance : Buy from Agent or Directly Insurance Company ??

Sometimes we as a consumer who wants to buying auto insurance confused to a choice between buying through an agent or directly. So in this posting i will discuss about how to safely buying auto insurance. The choice between buying auto insurance through an agent or directly from the insurance company is really a matter of personal preference.

The bottom line is using someone that will give you the best deal with the least amount of hassle. Sometimes a local insurance agent is best – especially if that same agent carries policies for your home, business or life insurance and can combine coverages to save you money and time. In the same vein, going directly to the company can sometimes be easier – especially now that insurers like Geico, Progressive, e-surance.com and Allstate offer online options to get quotes and purchase insurance within minutes.

How much service do you need? If you know what kind of insurance you want, don’t need advice and are savvy with filing claims, then going directly to the company is probably for you. However, if you don’t know what kind or how much insurance you need, an agent may be able to provide you with more personalized service, more advice on policy limits and more assistance should you need to file a claim. If you do decide to use an agent, keep in mind that there are independent agents (or brokers) – those that shop around to several different insurance companies for the best deal, and exclusive agents – those that have exclusive relationships with one or a few, specific insurance companies. Each type has value depending upon your needs, but make sure you know what kind of agent they are before you give them your business.

Source : http://insurance.freeadvice.com/

Review State Farm Insurance

State Farm was started in 1922 for farmers: the founder, George Jacob “G.J.” Mecherle, knew that farmers were safer drivers, and he wanted to provide more affordable car insurance for farmers.
These days, the company serves not just farmers, but anyone looking for affordable insurance and fair claims processes. State Farm has more than 17,000 agents and serves more than 75 million policies.

Services Offered

State Farm is well known for its auto insurance, as well as its homeowner’s and health insurance, but also offers other products, such as:

• Mutual funds
• Retirement planning
• Business planning
• Education planning
• Checking and savings accounts
• Loans
• Credit cards

So if you need more than just insurance, State Farm is a great place to do all of these types of business in one place.

Discounts

Purchasing more than one State Farm product is one way to save on car insurance. The insurer also offers these discounts:

statefarm insurance 300x200 Car Insurance Review: State Farm• Multiple vehicles on policy
• Accident Free for three years
• Anti-theft device installed
• Good driving (no violations or accidents for three years)
• New Vehicle Safety or Defensive Driving course taken
• Good student
• Steer Clear® Safe Driver program (and have no accidents)
• Senior discount for those 65 and older

How to Connect
State Farm offers policyholders and potential customers several ways to reach them, depending on what is most convenient.

Their website has many great tools, like Self Service tools that get your questions answered, free quotes, articles on car insurance, and the ability to manage and pay for your account online. You can email State Farm from their website.

With thousands of State Farm agents located nationwide, you can also walk into an office to get your questions answered. The website helps you find agents and claim offices in your area.
If you prefer, you can call a State Farm representative on their 800 number. It is available 24 hours a day.

Downsides to State Farm
While State Farm’s motto is “like a good neighbor, State Farm is there,” many feel the once small-time insurance company has gotten too big to care about individual policyholders. There have been complaints about policies being cancelled without notice when a payment is a few days late, and repair shops approved by State Farm not being up to par.

In general, word is good on the customer service and claims process the company provides.

Is State Farm For You?

State Farm offers competitive rates for all of its insurance products, including auto insurance. With so many other types of products available, State Farm should appeal to someone looking for various insurance products as well as mutual funds or banking services.

Always do research before purchasing insurance or financial products. A simple search online will help you find complaints or issues with any auto insurance company. Weigh the pros and cons of any company you consider giving money to, and make the decision on the company that best fits your needs.

Source : http://www.theautoinsurance.com/

Review AIG Insurance

AIG’s General Insurance operations include the largest U.S. underwriters of commercial and industrial insurance, the most extensive international property-casualty network, a personal lines business with an emphasis on auto insurance and high-net-worth clients and mortgage guaranty insurance operations. AIG’s leadership is a result of its underwriting skill, innovative insurance solutions, financial strength, superior service and responsive claims handling. The AIG claims operation gives clients access to a vast worldwide network of dedicated experts and top legal firms.

AIG is a publicly traded insurance group, with a holding company structure, headquartered in New York City and operating in the United States and internationally. AIG is a world leader in international insurance operations, doing business in more than 130 countries and jurisdictions through more than 100 U.S. and foreign subsidiaries. AIG companies serve commercial, institutional and individual customers for property and casualty insurance, life insurance, retirement services, financial services and asset management services. The four main areas of business are General Insurance (commercial, industrial and personal lines of property and casualty insurance as well as mortgage guaranty business), Life Insurance and Retirement Services (individual and group life insurance and fixed and variable annuities), Financial Services (aircraft finance, capital markets services, consumer finance and insurance premium finance) and Asset Management (institutional, retail and private fund management). Foreign operations accounted for about 50% of total revenues in 2004. Life Insurance and Retirement Services accounted for about 51.5% of 2004 operating income, General Services about 19.7%, Financial Services 17.1% and Asset Management 11.7%. AIG has about 92,000 employees.

AIG’s operations developed out of the insurance agency interests of C. V. Starr in Shanghai in 1919 and several subsequent acquisitions and consolidations of property and casualty and life insurance companies in the U.S. and abroad.

Problems with regulatory and accounting issues are being dealt with by new management installed during 2005

AIG’s General Insurance segment includes many lines of business written by many AIG companies in the U.S. and internationally, but workers’ compensation business is the largest class of business written here and represented approximately 15 percent of net premiums written for the year ended December 31, 2006. During 2006, 8 percent and 7 percent of the direct General Insurance premiums written were written in California and New York, respectively. No other state accounted for more than five percent of such premiums. Within General Insurance, an operation called Domestic Brokerage Group (DBG) conducts business within the U.S. and Canada and accounted for 54% of AIG’s net premiums written in 2006. DBG writes substantially all classes of business insurance through insurance brokers. DBG also provides numerous specialized forms of insurance and various risk and environmental products. A reinsurance subsidiary owned 59.2% by AIG is also included in General Insurance. AIG’s personal lines operations provide automobile insurance through AIG Direct, a mass marketing operation, the Agency Auto Division and 21st Century Insurance Group (21st Century is 61.9% owned by AIG) and provides coverages for high net worth individuals through the AIG Private Client Group. Residential mortgage guarantee insurance (both in the U.S. and internationally) and Foreign General Insurance make up the rest of the General Insurance segment of AIG’s business.

AIG’s Life Insurance & Retirement Services Operations segment provides insurance and retirement savings products both domestically and abroad. These include individual and group life insurance, annuities (including structured settlements), endowment and accident and health policies and retirement savings products (especially fixed and variable annuities). The foreign life insurance subsidiaries of AIG operate through more than 270,000 full and part time agents as well as independent producers selling to indigenous persons in local currencies as well as through direct marketing channels, brokers, financial institutions and other channels. The domestic part of AIG’s Life Insurance & Retirement Services business operates through multiple distribution channels including independent producers, brokerage, career agents and banks to sell life insurance, annuity, accident and health products and services and financial and investment products. In 2006, AIG’s Life Insurance & Retirement Services premiums came 78% from foreign operations and 22% from domestic operations.

AIG’s Financial Services Operations segment is engaged in activities that include aircraft and equipment leasing and various types of financing.

AIG’s Asset Management Operations segment includes a variety of investment related services and investment products including private banking and mutual funds.

Principal Methods: AIG sells insurance via www.aigdirect.com and also through it's agency company 21st Century.

AIG’s Life Insurance & Retirement Services Operations segment provides insurance and retirement savings products both domestically and abroad. These include individual and group life insurance, annuities (including structured settlements), endowment and accident and health policies and retirement savings products (especially fixed and variable annuities). The foreign life insurance subsidiaries of AIG operate through more than 270,000 full and part time agents as well as independent producers selling to indigenous persons in local currencies as well as through direct marketing channels, brokers, financial institutions and other channels. The domestic part of AIG’s Life Insurance & Retirement Services business operates through multiple distribution channels including independent producers, brokerage, career agents and banks to sell life insurance, annuity, accident and health products and services and financial and investment products. In 2006, AIG’s Life Insurance & Retirement Services premiums came 78% from foreign operations and 22% from domestic operations.

Life Annuity Business: AIG’s Life Insurance & Retirement Services Operations segment provides insurance and retirement savings products both domestically and abroad. These include individual and group life insurance, annuities (including structured settlements), endowment and accident and health policies and retirement savings products (especially fixed and variable annuities). The foreign life insurance subsidiaries of AIG operate through more than 270,000 full and part time agents as well as independent producers selling to indigenous persons in local currencies as well as through direct marketing channels, brokers, financial institutions and other channels. The domestic part of AIG’s Life Insurance & Retirement Services business operates through multiple distribution channels including independent producers, brokerage, career agents and banks to sell life insurance, annuity, accident and health products and services and financial and investment products. In 2006, AIG’s Life Insurance & Retirement Services premiums came 78% from foreign operations and 22% from domestic operations.

Auto Business: AIG’s General Insurance segment includes many lines of business written by many AIG companies in the U.S. and internationally, but workers’ compensation business is the largest class of business written here and represented approximately 15 percent of net premiums written for the year ended December 31, 2006. During 2006, 8 percent and 7 percent of the direct General Insurance premiums written were written in California and New York, respectively. No other state accounted for more than five percent of such premiums. Within General Insurance, an operation called Domestic Brokerage Group (DBG) conducts business within the U.S. and Canada and accounted for 54% of AIG’s net premiums written in 2006. DBG writes substantially all classes of business insurance through insurance brokers. 

DBG also provides numerous specialized forms of insurance and various risk and environmental products. A reinsurance subsidiary owned 59.2% by AIG is also included in General Insurance. AIG’s personal lines operations provide automobile insurance through AIG Direct, a mass marketing operation, the Agency Auto Division and 21st Century Insurance Group (21st Century is 61.9% owned by AIG) and provides coverages for high net worth individuals through the AIG Private Client Group. Residential mortgage guarantee insurance (both in the U.S. and internationally) and Foreign General Insurance make up the rest of the General Insurance segment of AIG’s business.

Source : http://insurance.freeadvice.com/

Car Insurance Bussines

Insurance in easy terms is the business car insurance where one celebration, under an agreement, protects one more party from cutbacks, as per a contract facts. With the insurance industry increasing tremendously, new companies developing yearly, competitive contractual offers and wider umbrellas of protection, insurance is understandably seen as complicated. Even so, with modern money economies, policy is a fail secure.

Antique Car Insurance
Business car insurance is fast getting the largest segment of the insurance business. It's because car possession is on the increase and business car insurance provide a wide variety of varying offers, with great protection. Entering into a business car insurance offer will usually safeguard you against cutbacks that you suffer due to use of an insured vehicle. Commonly, cutbacks caused by getting in an incident or the authorized liabilities incurred are blanketed by insurance offers.

By law, business car insurance is needed in most nations. Having to fund an accident where you are at mistake has the possibility to lead to massive financial losses. Regulations set the minimal insurance required, however after that, the deal you select to protect your car depends on different things. Business car insurance deals could complement woman drivers, senior owners etc. Complete deals, though more costly, are advisable if the region one lives in reads a lot of incidents and larceny.

Business car insurance is a type of vehicle insurance masking company-owned cars, cars that are leased, or worker vehicles used for business reasons. These varieties of deals safeguard you from states that somebody driving the covered vehicle is liable for body or property injuries. Furthermore, business car insurance deals can protect you from investing in the damage induced to your insured cars by collisions/accidents.

Nowadays, almost any insurance business can offer you a offer enabling you to get coverage for harm triggered to you by somebody who has less liability protection than you or no policy at all. For extra perk, businesses can provide transport if an insured, company owned vehicle is compromised or damaged.

Car Insurance Comparison
When insuring company-owned cars is indeed a helpful concept, business car insurance evaluations have found that almost no insurers provide this type of deals. Many insurance companies decide to cater to personal clientele rather as the corporate industry due to the reality that a private advanced seems more appealing to them. Businesses generally don't opt for business car insurance because several employees utilize the vehicles, and the extra named drivers there is on a deal, the greater the premium increases.

Insurance companies that do handle business possessed vehicles generally cover large cars such as tow trucks, tractors, lorries and the like. Generally, the insurers can prefer to cover a highly established company. There are, but, several companies that'll ensure your vehicle despite whether you're a large or small business. When selecting an insurance program, a business must carefully consider all the offers being made accessible to them from different insurance companies and opt for this best covers and complements the character of the business car insurance vehicles.

Source : http://www.www-car-insurance-quotes.com/

Car Insurance Quotes

Car Insurance Quotes. There’s nothing at all in the planet even worse than needing to sit by means of an extended and unnecessary sales pitch when you happen to be just trying to obtain a quote from an organization for almost any of their products or solutions.

That is true for the people that are looking for a totally free auto insurance quote – why possess the firm pitch their services ahead of you even know how much they’re going to cost you?

Finding a cost-free car insurance quote should not be challenging, and since there are several spots on the internet that offer these now, most brick and mortar places that promote auto insurance will also be supplying cost-free quotes above the phone.

It is possible to effortlessly make use of the phone book or do a quick local investigation on the net for organizations that can give a free of charge online car insurance quote.

Make certain you’ve the following data prepared: the make and model of one’s car, the 12 months, the mileage, factors or tickets and accidents you have had around the past 7 many years, your well-being insurance protection if any, plus a list of other drivers inside the home that may be employing your car.

Car Insurance Quotes: Cost-free Auto Insurance

These issues are all required to get your cost-free auto insurance quote as they will have an effect on your charges.

Some will even supply you with quotes from competition of theirs to ensure that it is possible to compare. It could take a while online or around the telephone, but the moment you have your record of free auto insurance quotes you then can decide which organization is finest for you – so you did not have to sit by means of an extended product sales pitch in order to get that insurance after all!

You’ll be able to constantly ask a pals or relatives exactly where they get their auto insurance. They are able to tell you when they are pleased with the business they can be employing.

There exists no far better recommendation than from the buddies. You are able to examine the insurance policy organizations they use with the ones you discovered on the internet or around the cellphone and choose the one you like the very best.

Have you wondered how occasions around the other side with the earth affect car insurance quotes or have impact on an automobile insurance policy program? Comprehending the fundamentals of insurance coverage might help.

Car Insurance Quotes: Vehicle Insurance Coverage Approach

For just about any vehicle insurance coverage approach, an insurance firm agrees to assume financial risk in exchange for normal payments. For every risk the insurance coverage organization assumes, they collect cash inside the form of insurance plan premiums. This cash is then pooled to cover overhead and also to develop the financial reserves the insurance coverage firm ought to maintain so that you can spend claims.

Many elements go into car insurance quotes policy. Namely the better the threat the insured presents, the increased the top quality for the car insurance policy approach. But because of the pooled cash factor of insurance policy, when you can find far much more claims than usual or anticipated, vehicle insurance policy quotes will likely be higher normally. If the insurance plan company is experiencing a greater payout than normal, they need to recoup income to take care of their monetary stability. The normal financial stability entails taking in income from many policy holders and paying out claims in a predictable manner and at pre-estimated amounts. The insurance policy organization often endeavors to take care of a risk-free reserve balance and supply profits to share holders.

Income from insurance policy premiums is pooled and invested to create much more income. Planet events have an impact on this as well. Investments do far better or even worse depending on the stock trade. When a earth occasion occurs, the stock exchanges react. A harmful event occurs and stock rates drop. Inside the previous couple of a long time numerous catastrophic activities have occurred worldwide. The injury to daily life and home produces not merely big payouts to insurance holders but additionally impacts the main stock exchanges. Dropping stock prices generates a concern of investing income by main firms. Stock prices drop further. This in turn incorporates a trickle down influence and a smaller amount money goes in to the planet economic climate, more pushing down stock prices. When selling prices are falling investment income goes down.

Car Insurance Quotes: Elevated Premiums

It really is excellent business perception to replenish or preserve monetary reserves. This leads to larger automobile insurance plan quotes. It is also excellent enterprise sensation to take care of prices as reduced as possible. Most insurance companies strive to help keep premiums for any vehicle insurance coverage strategy inexpensive. They’re going to only elevate premiums when the insurance organization is encountering a lot larger variety of statements or once the insured imposes a better fiscal risk to your insurance policy organization.

Get car insurance plan quotes from many organizations and examine precisely what is covered by that vehicle insurance plan plan. Realize that quotes are impacted by a number of factors. Although reasonably priced rates are crucial, so can be a solvent and reputable insurance plan firm. Compare your vehicle insurance policy quotes using this in brain.