When it becomes law, families will save on their premiums, President Obama declared in his weekly radio address before Christmas, pitching his health care reform.
If only that were so. Nobody who tracks health insurance sees any sign of softening premium prices for people who already have insurance, Obamacare or not. Premiums for 2010 were up 10% and are predicted to keep growing at the same rate in coming years.
Health insurance is beginning to resemble air travel–where deep-pocketed business passengers subsidize penny-pinching vacationers. Insurance companies, under the measures in Congress, would be forced to take all comers, young and old, healthy and sick. View Full Article »
Two bills have been introduced that will be a solution. House Bill 2513 and Senate Bill 6252 would ban the practice of using a person’s credit history, education or income to set insurance rates.
Driving records and vehicle-safety records are reasonable factors for insurers to consider when pricing insurance; A person’s income, education level and credit score are not.
With our economy in recession and unemployment in Washington at 9.5 percent, there is absolutely no reason we should allow insurers to squeeze already-vulnerable families on a discriminatory basis. View Full Article »
Car insurance customers who are driving their cars for business use might not have adequate protection.
The comparison website has identified a rise in the number of workers being asked to use their personal cars for business use, without necessarily warning them of the car insurance implications.
Found that 72 per cent of UK workers have used their own car for business use in the last 12 months, but only 35 per cent do not have business cover included in their car insurance policy and therefore risk driving without sufficient protection. View Full Article »
Motor Trade Insurance Is Necessary for Motor trading business, If you’re in the car trading business, the most important aspect of your business is always the best possible price.
The only way you can make money for your business, if the lower price, lower price for the repairs (if required for the issue), and the highest price possible. All these things are very important for dealers to be able to make a profit. However, there is something very important missing from the puzzle, and car dealers, insurance is.
Car insurance trade is very important for the automotive trading activity as they protect the assets you can acquire while traveling or not. View Full Article »
