Your auto insurance company will pay for damage done to your car and will also pay if your entire car is stolen, but what if a few important items were stolen from the car while in the parking lot of the mall or another public area? This is a common concern for many drivers because some cars hold items of especially high value that would be devastating to lose completely due to theft. This could include a top notch sound system, expensive electronics, multiple shopping bags, wallets, and so on.
Unfortunately, most insurance plans are not designed to cover the cost of stolen personal property in most circumstances. Your best bet is to avoid leaving valuable items in your car, or hiding them from view when you leave the car to prevent the appeal for theft. Additionally, make sure to always roll up the windows and lock your doors when leaving the car to prevent the likelihood of theft. If theft is an especially serious concern, you might want to consider installing a car alarm system to add extra security to your vehicle.
Although this isn’t the best news for drivers, you may still be in luck if you own a homeowners insurance policy. Most standard homeowner’s insurance policies will, in fact, cover almost all of your personal property. Your personal property would naturally include your car, boat, hotel room, and other places where you could be at risk for theft.
Although this is good news for most drivers, it’s important to weigh the pros and cons. The deductible for most homeowner’s insurance policies is relatively high, which means that you will want to take this cost into consideration with the cost you would have to pay to replace an item that was stolen out of your vehicle. If the cost for the deductible is significantly higher, it may be in your best interest to forego the homeowner’s insurance policy and practice cautionary measures on your own to prevent theft.
With doldrums in U.S job market, people are trying in every possible way to find better and more creative ways in order to save money. It is found that many Ohioans have completely changed the way they spend and want to live modestly than before. A luxury life, extravaganza holiday and shopping sprees are part of social living. It is essential to cut down on unnecessary buy and expenditures. Here are few tips which can help you save your money when it is necessary.
Door to Savings
Never break your piggy bank: Do not give up on savings. Be it just $10, keep it aside. A small saving today can come as a savior for tomorrow when in need. In fact, you cultivate a habit to save money then it will become easier to save by putting more into it when you find yourself ready for any financial returns.
Surplus shopping: Do not shop aimlessly. Only shop when required and buy what is useful. Many people visit malls to get rid of boredom and with few dollars in pocket will surely end up shopping, just a way to waste cash. It’s always good to make a list of things you want to buy and then enter a shopping mall to restrict your buy. Before you even think of picking a stuff, ask yourself if you really need that.
Pay your bills wisely: Most Ohioans think just writing a check every month for cable, electricity, household utilities and even to pay insurance premiums will do the needful. You need to stop paying lump sum money and look for better options outside in the market. There are many good offers and discounts provided in every sector and by insurance companies. The Internet today makes every rates for Internet, wireless phone service, cable TV and even car and home insurance easily available with just a click. Get those statements out and spend that hour to shop around. With tough competitors in the market, every business be it small scale or large want to survive hence giving out discounts in order to attract customers. Help those dollars find way to your piggy bank.
Look for lower credit interest: There are certain expectations you need to meet in order to obtain a low interest on your credit card. A good credit score, enough and minimal balance, prompt payment every month and a good pay record leads to a good credit score. This can please your credit card company and lower your credit interest rate, retaining dollars in your pocket.
When all the things are equal for both men and women, car insurance is less expensive to women when compared with men. Women are considered to be safe drivers and it is very much justified. Most of the men think that the women drivers are not that skilled in driving. But they should still accept the fact that car insurance will be less for women, because women are reckless drivers and they are not aggressive like men when they are driving the car. There is lot of data by the car insurance companies to prove and tell that women are safe drivers than men. Women have safety record because they tend to get into lesser accident, hence their car insurance premium will be atleast 10% less for men.
Damages done by women drivers are less when compared to men. It also adds to the fact that women have less traffic violation, that is reason why women pay less insurance premium. How they see men driving record to calculate the insurance premium in the similar fashion women previous driving record is also seen to calculate the insurance premium for women. If there are many tickets and violations in the women record then her premium can be same with the as man of the same type of driving record.
Few Factors Which Affects The Premiums
- Usually women drive less when compared to men. Their annual mileage is less when compared to men..
- Bodily injury and property damage committed is less and though they are committed they are committed at less speed.
- When it comes to license examinations women clear both theory and practicals in the first attempt than men. They follow the traffic rules.
It is not too far that the disparity with the insurance premiums for women and car insurance premiums for men will narrow simultaneously.