Criticism of Insurance

Advice For Insuring an Imported Car

If you are planning to purchase an imported car then you must carefully consider your insurance options, because finding cover may not be as easy as you think. However its not impossible, you just need to be ready and armed with the right questions.

While you can get a great deal on the purchase of an import by buying it abroad, you can lose those savings when you pay higher insurance premiums. That is why it is helpful to research insurance before you even buy your import, and to get several quotes to be sure you get the most competitive rate. That’s especially true if you are importing a sports car. The rates for sports cars are always higher because of the higher frequency of sports car crashes.

Most insurance companies will insure an imported car as long as they can locate the car?s registration number. If they cannot locate the registration number, then see if the insurance company can find the exact vehicle model in the company look up table. If that does not work, then see another insurance provider.

Many insurers will offer policies only for the most popular makes, and then only at often very low market values. Other companies will write policies for modified imported vehicles as long as the modifications are not “substantial.” If the modifications are deemed “substantial,” then you probably need to find a carrier specializing in substantially modified imported cars. One carrier may rate your modifications are “substantial,” while another may not. This is why it is so important to do your research.

Some companies will not insure European versions of a UK car, but with left-hand drive. This is something you should be aware of when you decide to import your car and consider insurance.

Don’t forget to check your car’s security fittings. These are very important for determining whether your vehicle can be insured at all, and also have considerable impact on cost. Not having the proper security fittings

It’s true that finding the right policy for your imported car is usually a chore, but it is not impossible. Research, and ask questions. Get your dealer to give you advice. Ask your insurance provider if joining a club or organization of imported car owners will get you a lower rate?often times insurance companies may special deals with organizations of imported car owners. Make certain that you get all the discounts that are due to you. And finally make sure you purchase insurance for your car. It’s an expensive investment, and you want it fully covered.

Copyright (c) 2009 Graham McKenzie

What’s So Great About Becoming an Insurance Agent?

Insurance agents are people who sell insurance policies. They are also the ones responsible for providing real estate planning services. In some states, insurance agents are required to obtain a license. Aside from that, many agents complete an associate or bachelors degree in economics, finance or business. There are a few things that individuals need to take into consideration prior to choosing a career in the insurance industry.

What are the steps to becoming an insurance agent?

  1. Aspiring insurance brokers need to be familiar with the ins and outs of the insurance field. Product knowledge is very important because the job entails selling insurance policies. Customers often ask for additional information about insurance products, and this is something that agents should be capable of providing.
  2. A bachelor’s degree in business or economics is also preferred. Insurance companies tend to hire individuals with an academic background in math, accounting, economics and business.
  3. Insurance companies are also up to date with the latest technology. This is why it is an advantage if aspiring insurance agents have sufficient knowledge of computer software.
  4. People can also gain relevant work experience as an insurance broker even while studying. There are insurance agencies that offer training programs for students. It is a good idea to ask your school guidance counselor about training programs.
  5. Employers require insurance agents to meet the state’s licensing requirements. There are pre-licensing schools that offer classes for the exam. It is important to obtain certification before searching for jobs as a licensed agent.
  6. Even when employed, it is necessary for insurance agents to take continuing education. Some states require people in the insurance industry to do this on a regular basis.
  7. It is also possible for insurance agents to advance to higher positions. Obtaining additional certifications or taking intensive courses can help people obtain great positions.

Reasons to Become an Insurance Agent

• Support from the Parent Company

Some companies offer training for agents to help them become successful in the insurance industry. The company also advertises their products so people will get to know them. As a result, agents get new customers. If agents encounter problems, all they need to do is get in touch with the corporate headquarters for assistance.

• Full Control of Life and Schedule

Some employers do not require agents to follow standard office hours because they need to be in the field most of the time. This is why agents gain more control over their schedule and income. They can work as hard as they want to increase their paycheck, and they can also take a day off whenever necessary. There really is no schedule as long as they reach their quota.

• Unlimited Income

Agents who are doing a good job in the insurance industry can earn as much as they are able to. Some jobs in the insurance industry are commission-based while there are also those that provide a monthly salary plus commission.

• Satisfaction of Providing Help for Other People

Aside from the monetary benefits that agents receive, they also gain satisfaction from helping others. The products that insurance agents are selling are vitally important. They can help people improve their lives with better insurance policies.

Working with an Insurance Company

Insurance company promise aspiring agents better rewards and attractive compensation when they go the extra mile. However, it is important for insurance agents to be aware of several things. The idea of selling insurance policies to friends and family members can really be tempting. However, this is not a good idea because it can create a huge problems especially when a family member fails to pay the insurance premium.

Agents who already have a company they would like to work for in mind need to see to it that they check the state insurance commissioner’s website. The site allows aspiring insurance brokers and customers to find out whether there are complaints about the company. People who wish to apply for work in the insurance industry should only go for jobs at more established companies.