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How Motor Legal Protection Can Help Young Drivers

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Motor legal protection, also known as motor legal cover provides a revolutionary way to lower car insurance costs, and can help drivers of all ages. It’s certainly not news to anyone that young motorists receive a lot of bad press, and recent findings by the RAC Foundation showed that one in five will be involved in a road accident within six months of starting out. Regardless of who is at fault, these figures emphasise that it is now more important than ever for drivers aged 24 and under to seriously consider covering their backs with motor legal protection.
Comprehensive Cover

Motor legal protection is designed to help you recover your losses in the event of a motor-related accident that wasn’t your fault. The policy will pay lawyer fees up to £100,000 to help you recover any uninsured losses (such as claims for personal injury, vehicle repair costs, car hire charges, loss of earnings and any policy excess). A trend amongst young people is to opt for the most basic level of car insurance, third-party cover, to reduce the soaring premiums they’re faced with. Motor legal expenses insurance provides a savvy way of increasing your level of cover on top of this, all without breaking the bank.

Confidence

A 2013 survey conducted by One Poll highlighted the lack of confidence many young motorists feel after passing their test. 29% reported feeling completely unprepared to drive alone after passing their test, and considering the statistics stacked against them, it’s no surprise many feel this way. Motor legal protection can help relieve some of this anxiety and leave you knowing that, should you be involved in an accident that was not your fault, you’ll have the support you need in claiming back your uninsured losses.

Parents

The average price of young drivers’ first cars is also a cost that has risen, according to a One Poll survey conducted this year. It shows that, in contrast to their parent’s generation, this figure has gone up by £1,225. A likely factor in this is financial support from parents, with 27% of kids admitting that their first car was bought for them. This compares to only 10% of people over 55 receiving help in buying their first set of wheels when they were setting out, and hits home the fact that, in order to protect their investment, parents should be ensuring their children have motor legal expenses insurance.

Shop Around

Many customers don’t actually understand the benefits of having motor legal protection, seeing it more as a costly add-on pushed by their insurance providers. Often, this can be true: some companies will charge you as much as £30 for this service. Buying it as a stand-alone product instead can give you the freedom to find a better deal, as some providers will offer it from as little as £6.75 a year.

Get It or Regret It

No-one likes to spend unnecessarily, and managing money when you’re young can sometimes seem like an impossible task. But I’m sure many of us have regretted not taking out insurance before it was too late, and with the peace of mind provided by motor legal cover, at least you’ll know that you won’t be stung by any unexpected fees. When you compare it to the amount you’d have to cough up without this cover, it’s a no-brainer.

A Primer On Commercial Insurance For Your Business Trucks

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When it comes to purchasing commercial insurance for your trucks, you must research which types of coverage are best for your company and how to remain within your budget.
Types of Coverage

When you initially shop for commercial insurance for vehicles, you will notice that there are several different types of coverage. The types of coverage that you require will vary greatly depending on the type of trucks you own and the cargo you will carry.

One type of coverage that your fleet will need is commercial auto liability, which will pay for damage to property and bodily injuries in the event of an accident where your driver is at fault. Any vehicle that transports goods must have this coverage prior to registration.

There are also many optional types of coverage offered by truck owners. Some examples of typical policies include physical damage coverage and cargo coverage. Physical damage policies include collision coverage, which pays to repair or replace your vehicle if it is in an accident, and comprehensive coverage, which covers damage from fire and theft. Cargo policies replace any ruined or lost goods damaged in transport. There are also workers’ compensation and general liability policies if needed. Always check with your broker to find out exactly what your business needs.

Saving Money

If you want to save money on commercial insurance for your fleet, the first thing to consider is the ratio of your premium versus your deductible. Your premium is your monthly payment, and the deductible is the amount that you are willing to pay for damage and repairs before the insurer pays the remainder. The larger your deductible is, the lower your monthly premiums will be.

Business insiders believe that it is wise for most companies to purchase policies which contain the largest deductibles that they can afford so they can save on premiums. This works especially well when you, or any drivers you hire, are responsible, experienced, and have a clean driving record. Any moving violations or accidents can cause nervous insurers to raise premiums without notice regardless of a high deductible.

Outside of agreeing to huge deductibles, there are also other ways to save on commercial insurance premiums. You can contact the broker for any other policies that you currently hold and ask for a discount on any subsequently purchased policy.

There are also commercial insurance companies that cut premiums for drivers that obtain specific certifications or pass a particular course. Sometimes consistent truck maintenance, warning stickers, and security systems can earn a company a reduction in premiums as well. Check with your provider about any promotions that they may offer.

Set Up A Consultation

By now, you have a general idea of what you should discuss when you first consult with your broker. If you consider the types of trucks you own, your drivers’ collective expertise, and the nature of your freight, you should have no problem deciding which types of policies are necessary for your business. Don’t forget that you can save money by asking about any specials your broker may offer for safe driving or bundling products.

Truck Insurance – What Types You Need

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If you’re new to the trucking industry, perhaps you’ve already started researching what kind of truck insurance you may need. It can become confusing, as coverage will be needed for all different types of situations. The following list details the types of truck insurance available throughout your career.
Primary Auto Liability Required by law, primary auto truck insurance will cover anyone injured during an accident. Drivers need to carry this with them at all times, even on leased rigs. Companies will sometimes offer this liability to owner-operators, but drivers should also be prepared to pay for it out for their weekly settlements.

Physical Damage This kind of truck insurance takes care of rollovers or collisions, thefts, fires, or any actual damage done to your tractor or trailer. The value of the equipment will set the premium. Although the law does not require drivers to establish a vehicle premium, if you have financed your vehicle, the lien holder will require it. Value your vehicle at actual price, as the market price is what is paid at the time of loss.

Bobtail Liability Bobtail liability truck insurance covers a tractor without a trailer, whether or not the driver is on dispatch.

Non-Owned Trailer Liabilities There are three types of protection that fit under a non-owned trailer. The Non-Owned Trailer Liability covers a trailer that you are pulling for someone else. Non-Owned Trailer Physical Damage encompasses any damage to the other driver’s trailer while you drive it. Sometimes, these are verbal agreements between drivers or between driver and shippers, as they are very broad. Then, there is the Trailer-Interchange Liability that comes into place when there is an interchange agreement. In the trucking industry, it is common to exchange trailers to another driver until the cargo reaches its final destination. Therefore, if a trailer interchange agreement is in place, Trailer-Interchange Liability will be needed.

Cargo Liability This covers the freight when in transit. Drivers need to carefully read these policies and take note of exclusions such as unattended rigs and caps on theft for items such as clothing, alcohol, and electronics.

OCC/ACC (Occupational Accident) Liability Occupational accident liability coverage acts as a sort of worker’s comp. Accidental death, falls, dismemberment, and accident related medical expenses are covered under this protection. Policies should be written to incorporate most of the time while drivers are on dispatch. Drivers should consider adding or finding passenger liability, to cover others in the cab during a collision. Drivers who do not have health coverage should also search for non-occupational accident policies to take care of a limited number of injuries off the job.

How to Organize Specifics before the Move?

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What most people fail to work on when they are relocating homes is the move organization. You would also agree to this statement of ours if you have a Bangalore to Mysore move scheduled ahead with the packers and movers in Bangalore. You would have by now realized that all it requires to conduct a flawless move is nothing but an expert-devised moving plan, a practical moving budget that evenly takes care of every small and big moving cost, and a strategy that you are going to implement into the process so that the house-moving journey comes out as perfectly as it can.
• Choose the simplest route to find movers – Why get into unwanted chaos when you can accomplish the research task ahead of the move with minimal hassle? Yes, you read that right! You can also reach out to your choicest moving plan by talking to people who have moved recently. They will be the right people to guide you with what you should do and how you should do it to come across a cost-effective and genuine moving company.

• A good mover indicates a well-managed move – Since we are discoursing how one can make house moves flawless and organized, it is essential to emphasize the role of moving companies during relocation. You can seek referrals from your friends if they can help you with that or you can check out reviews and testimonials of moving companies shared by previous customers to sign up for a smart moving deal. Also, before you acknowledge a deal, just make sure you go through the terms and conditions, license, registration, and insurance clauses once.

• Exchanging key details/aspects with the movers – If you are willing to conduct an organized move, you have to put forth all your concerns to the movers, and only then they will be able to devise a moving strategy for you that will bring to you desired relocation experience. Since your moving company would be the one driving your move, they need to be informed of every detail and thing that you are expecting from them. Doing this will take you one more step forward in the moving plan.

• Organizing also means taking correct decisions – For an organized move, taking the right decisions is primal. It does not matter whether you have the professional movers involved in your house moving picture or not, the final decision that comes from your side is considered by the moving team which then works on the same. So, be frank with the moving team to let them know that you trust their decision and ask them to guide you if you are not going the right way.

• It all begins with your belongings – After you have taken care of all of the above steps, you will finally reach a point when you will solely work on the organization of your belongings. Depending on the size of your move, you should start planning for the goods assessment task so you can organize the final line of belongings (the items that you are going to pack and move) for the move.

• Avoid compromising with the supplies – To avoid messing up with your belongings, you should never compromise with the quality of packing materials you use for the task. Quality packing elements will help you and the movers to take care of the belongings in the most efficient way. Unlike a Do-it-Yourself move where customers choose to pack goods from the existing household materials, you should gather the needful materials in place to work out the packing task flawlessly.

• Get the movers to survey your belongings – Overseeing everything that you have with you at this point should be meticulously inspected by the professionals ahead of the move. Make sure the company you chose as your moving associate has this pre-move goods survey facility in its functioning because the valuation that the experts do is appropriate. This estimation will eventually shape into the moving cost, so negotiate with the movers and compare with the rates offered by other movers if you can to come across a budgeted deal.

• Correct labeling as per the inventory – You should carefully refer to the moving inventory when you are double-checking the moving cartons before the move. Even if the movers are there to oversee things on their end, you should check on your own and see if everything from your household has been packed within the boxes. Lastly, you should see if each of the moving cartons is appropriately labeled from all four sides. You can also add handling instructions on the labels so that they get handled accordingly.

• Run over the moving budget again – The moving budget is something that should be tracked at every point during the relocation. Relocations are expensive and even the best-of-the-move planners and experts often fail to explain why something did not work out. And the only way one can take care of such moving hassles and mishaps is by keeping surplus finances along. There could be things that even the money cannot take care of, we understand but at least having some extra funds in the pocket will wipe out possibilities of shortfalls.

• Arrange the formalities for the move – Moving homes does call for certain paperwork and procedures to be accomplished. If your movers are working on your packing tasks, you can focus on arranging your moving paperwork so that everything is updated and everything – from your moving papers to house papers to legal papers and all the personal formalities like collecting bank statements, closing active accounts, managing office papers, and other documents like insurance, license, health proofs, vehicle papers, etc. should be prepared before the move.

With the movers and packers in Bangalore, the best thing that you can experience is a superbly organized move. But the sad part is, that customers realize this later and fail to hire their movers on time. But now that you have got to know the things that should be emphasized during relocations, we hope you will take care of every aspect of the journey and enjoy a hassle-free move!