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Auto Insurance

How to Get Car Insurance Properly

If you already decide to purchase your own car, the next step is get car insurance immediately. I recommend you to get car insurance immediately because car insurance will protect your car from damage and protect you from potentially crippling financial losses if you are in an accident and be found at fault. Therefore, today I will give you a step by step guide to get a reliable but affordable car insurance plan for you.

Car Insurance

The first step is shop online. You can use the internet to search car insurance company easily. You can even compare car insurance rates using free quotes online features on the internet. Make sure that you assess the benefit of each car insurance offering and choose the best options.

The next step is calling a local independent agent. You can call an independent agent who will explain coverage and provide quotes from different companies. You can ask for comparison of car insurance companies on your area.

The next step is go straight into car insurance company. You can directly purchase car insurance from the insurance company instead of buying it from an agent. You can even make purchasing through the internet by filling the form on the internet.

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Auto Insurance

Know What Your Auto Insurance Won’t Cover

Finally, after an exhaustive search, you’ve zeroed in on an insurance company that you feel offers the best deal for your car. If you think your search has ended, think again! Many car insurers may not provide coverage for items inside the car or if other drivers use your car. Therefore, it is important to know what exactly you are getting into before signing on the dotted line.

When it comes to car insurance, “full coverage” can often be a myth. An insurer has a number of stipulations that may not always be made clear at the time of purchase. Many customers rarely read the fine print and often settle for attractive deals that are short-lived and prove to be expensive in the long run. First rule when deciding on your car insurance plan- know exactly what is covered and what is not.

Auto Insurance

Understanding what your car insurance will cover

Let’s first start with listing out what your car insurance usually covers.

Bodily injury liability

This coverage is provided under the minimum car insurance requirements of most states. It means that medical bills are paid if another person is injured in an accident which is caused by you.

Property damage liability

This type of plan covers the expenses required to repair the other individual’s car, when you are at fault. It goes side by side with body injury liability and is also provided under the minimum coverage requirements in most states.

Comprehensive coverage

This includes the physical damage that can affect your car other than due to a collision, such as the theft or vandalizing of your car or if a branch of a tree snaps and falls on your car, causing extensive damage.

Collision coverage

This covers the damage your car suffers as a result of an accident that has been caused due to your fault. This is one of the most important aspects of the coverage provided by your insurer.

Other coverage plans include uninsured motorist coverage- damage caused to your car by an individual who is not insured and medical payments coverage which includes medical or funeral expenses for you or your family members who are involved in a collision. However, these may have certain exclusions which are explained next.

Knowing what is not covered

Then, there’s the flip side. Some incidences may seem to be included in the policy but can be easily misconstrued as they may not be clearly defined by the insurance company. These can also vary depending on the laws in different states as well as the plans offered by the insurance providers. Watch out for some of these that are listed below.

Damage to a rental car

Coverage for crashing a rental car may be included only in part in your insurance plan. There are hidden costs which may pop up later such as income loss for the company or additional charges for repairing the car.

Items inside your car

The items inside your car are not necessarily covered when your car is insured. Coverage includes only items that are part of the car such as CD players and a radio but if you leave your iPad in your unlocked car and it gets stolen, the coverage does not pay for it. Also, if your car is refitted with customized appliances that are not a part of the original car design, they do not fall under the insurance coverage if damaged or stolen.

Uninsured/underinsured motorist liability

Some insurance companies offer this coverage, but not all. As a number of drivers may not be insured, it is important to check if your plan covers this.

Medical payments

Although most insurance companies offer coverage for medical expenses in case of accidents, it is important to check the type of payments covered under it. For example, injuries caused by a vehicle with less than four wheels or injuries sustained as a result of using a vehicle as a place for living are excluded from medical coverage.

Some insurance companies like The Hartford offer features like First Accident Forgiveness and Disappearing Deductible, but make sure you read the fine print and understand the stipulations under which you can benefit from these features.

Being aware of what is covered by your car insurance and what won’t be covered is important as you invest a considerable sum of money in your premiums. Review your car insurance policy today and make sure that your coverage is providing you with benefits that are worth every dollar you spend on it.

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Trucks

Truck or Train? The Great Freight Debate

Whether you run a corner shop or an international company, logistics will always play a part. Admittedly, it’s unlikely to be too significant in the example of the former, but once your business does get to a certain level it’s time to start considering which logistics route is the most beneficial.

This blog post is going to mainly concentrate on businesses that place most of their efforts in one country. While there will always be a debate regarding the pros and cons of air and freight transport, when it comes to domestic logistics we’re usually left with two options. Therefore, we’ll now take a look at all of the issues you should consider if you are still unsure whether to opt for truck or train shipping.

truck diesel

Cost

From a fuel perspective, the train can trump the truck quite emphatically. While it’s debatable for shorter journeys, for long hauls the savings can be significant. For example, some trains are capable of using just one gallon of fuel for 500 miles with the average load, while the emergence of energy efficient fuel alternatives makes the situation even more promising. We don’t even need to stipulate how much fuel the average truck will consume – any driver will know the astronomical vehicle costs of the current day.

Speed

The issue of speed is certainly debatable as while trains are the faster mode of transport, this does not necessarily mean that your goods are going to arrive more quickly. Unless your end destination happens to be situated right next to the station, you’ll most probably have to utilise another mode of transport to complete the journey. This of course means that you will have to unload the train and load the truck – something that is by no means a short process.

During the time it takes to complete the delivery, the truck will most probably have managed to catch up with the load. With that being said, several logistics firms are gradually lowering the speed of their vehicles in a bid to save on the ever-increasing fuel costs. Nevertheless, there’s no getting away from the fact that this is the main reason why companies prefer truck transport to rail transport – it’s just a much easier way of delivering their products to other destinations.

Security

Unfortunately, the train freight industry is not as open to security systems as what trucks are. Over the years it has become apparent that trucks are being targeted by criminals and in a bid to deter this, companies such as loksys.com have devised solutions that include high-security locks and tracking devices. Nevertheless, with goods being on trains for such short periods of time, you could argue that the security risks are lower anyway.

Environmental Issues

As you may have gathered from the opening stages of this article, rail also seems the winner from an environmental perspective. As well as utilising much less fuel than trucks, trains emit less greenhouse gasses which is exactly what the government is looking to encourage at the moment.

Categories
Buying & Selling

Chevrolet Spark Vs Hyundai Eon – Two Best Selling Compact Cars

The hatchback segment is one of the most competitive segments in the Indian passenger car market. The increased competition in this segment is the result of the availability of newer and better cars. However, even though the availability of choices offers the prospective buyer more power, it also creates a lot of confusion in his mind. The availability of choices renders car buying a complicated exercise. Hence, analyzing the available choices against one another and making a decision based on it is a wise way to buy a car.

Here, two of the most popular cars in the hatchback segment, Chevrolet Spark and Hyundai Eon is pitched against each other. Certain general parameters like price, engine details, mileage and other features like comfort, luxury and after sales services are used for the purpose.

Price – Price, the most important factor that influences the buying decision, determines the fate of a car, especially in the compact segment. The Chevrolet Spark priced between INR 3.61 lakh to 4.18 lakh. If price is the only concern, Eon scores better.

Engine Specifications – Chevrolet Spark runs on a 995 CC, 4-cylinder MPFI petrol engine, which is capable of generating a maximum power of 62 BHP and 90.3 Nm of top torque. Alternatively, the Hyundai Eon runs on an 814 cc, 3-Cylinder MPFI Petrol Engine, of a maximum power generation capacity of 55.2 BHP and a top torque of 75 Nm. Both vehicles are equipped with five-speed manual transmission gearbox. From the above figures, it is clear that the Spark is faster and powerful than the Eon is.

Mileage – Chevrolet Spark returns an average mileage of 18 kmpl, whereas Hyundai Eon offers a far better mileage of 21.1 kmpl. Clearly, the Eon has the upper edge in this parameter.

Other Features and Specifications – Both Spark and Eon are identical in length. However, the former has a better height, and the latter, better width. Both cars have the same ground clearance figure of 170 mm. However, the Spark is heavier at 840 kg as compared to the 760 kg of the Eon. A closer look on the other factors reveals that in terms of overall features offered, the Eon outperforms the Spark. In addition, when it comes to factors like after sales service and service network, Hyundai has a better network and infrastructure, thanks to the next largest service network in India after Maruti Suzuki.

Conclusion – In conclusion, it can be said that even though the Chevrolet Spark comes with more powerful engine, attractive looks, decent mileage and reasonably good driving experience, the Eon has more features and better service records in comparison.