When the insurance premium is high for adults only, the premium for notorious teenage drivers will be even higher. Every teenager will face high car insurance premium till they are experienced drivers. To get really good at driving, it will take lot of time and lot of practice is required, because driving is a learned skill. While driving, new drivers will undergo many accidents and these accidents statistics will be translated into higher insurance rates for teenagers and inexperienced drivers. Teenager drivers can do a few things to reduce the insurance rates.
- Discounts for Good Grades : To get good marks, car insurance should not be the motivation. Many insurance companies charge less premium for young drivers who consistently score high marks. Poor performance in school and accidents done by the teenagers will result in higher insurance rates.
- Taking No Alcohol : Teenage drivers try to test their boundaries and hence end up paying high insurance rates. Alcohol is one of them. Combination of alcohol consumption and inexperienced driving can lead to accidents and may end up paying high insurance rates. Many schools in U.S encourage the students to sign the pledge promising to make them stay away from alcohol till they are of the legal drinking age. You will be lowered with less premiums from the insurers if you have such commitments.
- Driver Education Course : Many insurance companies give discount if the drivers have completed the driver education course, because you can learn skills which the new drivers can learn and use them to avoid accidents and dangerous situations.
- Choose a Safe Car : Your insurance rate matters on what kind of car you have no matter what your age is, but your premium will be more if inexperienced young drivers are there in the policy. Hence choosing the right car for the teenager is important.
Home is a valuable asset which no one would like to give up on. However this asset of yours is so vulnerable for disasters and destruction due to calamities. A tree from neighbor hood can fall on your roof or fence, a heavy wind can blow off the roof, a theft can occur, someone can be bitten by your pet, all such incidents are unforeseen. You cannot prevent few things but all you can do is take necessary measures to face the consequences. In order to avoid any financial crisis, obtain a home insurance policy . Many insurance companies provide you the best deals on your policy to cover all or most of the perils in a convenient package. You will need to do a smart work in selecting the best coverage and hence choosing the right home insurance policy from right company for an affordable price.
Most home insurance policies do not cover damages due to flood. Floods can be caused by hurricanes, melting of snow, water backup drainage burst, heavy storms and many more. All these are unpredictable and when happens, it will wash away all your happiness and peace. Flood insurance covers any loss occurred to your property, from structural damage to debris clean up. Make an inventory of all your priced possessions and cover them by purchasing separate coverage something which your home insurance policy does not offer.
Necessity Flood insurance is not mandated by state or any insurance company but it is required by a mortgage lender. If your home is prone to flood, do not wait for a lender or an insurer insist you to buy. It is available through NFIP. It is always better to purchase both building and contents coverage for the broadest protection. Talk to your home insurance agent today to enquire about it and to obtain flood insurance, it is a necessity. Even though flood insurance is a federal program, insurance companies sell the policies.