Author: Hugo Schreuderbr
Source: ezinearticles.combr
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Australian drivers are paying the price for convenience. They wanted their car insurance to be streamlined, automated and ready-to-go, similar to buying take-away food at a drive through window. An instant, standardised product, seemingly at a very low cost. Car insurance companies responded to this and issued quick, one-size-fits-all policies in five minutes or less, covering average drivers, based on average circumstances. But many customers could have qualified for lower prices, had they chosen a more personalised, tailor made, insurance cover.

How can personalised car insurance cover save drivers money with lower rates? Its simply a matter of risk. All insurance plans are based on certain risk factors, but some drivers take all the risks, whilst others pay the price.

For example, someone who works from home usually drives much less than a person who drives to work everyday. A driver commuting to work can be more at risk of an accident during peak traffic periods, while the stay-at-home workers car is safely parked. The same is true of housewives, retirees, public transport commuters and those who park their cars safely. With a blanket, take-away approach, traditional insurers use little to differentiate between their customers. Therefore all drivers are assessed on a relatively similar basis. However, a car insurer with a more personalised pricing approach enables them to more accurately price the risk.

So how does a personalised pricing approach work?

Differentiation really is the key. With a slightly more inquisitive process, insurance companies can more effectively price for certain risk factors. This can really be beneficial in tight economic times. Especially for those people who exhibit lower risk behaviour. For example:

Those who park in secure garages or supervised parking stations during the day are safer than those who park on the street or in undesirable and unmonitored areas. Smart parking habits can help lower rates-but only if the company knows about them!

The same goes for the average distance driven. The cars mileage factor really is significant. Those who only make short drives, such as to a nearby store or a quick trip to a local office usually pose less risk than regular long distance commuters. Yet if the insurance company is unaware, then no difference in price is possible.

Insurance premiums keep going up and up for everyone, regardless of their personal risk factors. The technology to ask and capture this additional information to better differentiate between driving behaviour is available. However, most insurance companies still havent made the switch.

Only a few unique insurers ask for more than just the standard drivers age, vehicle details, place of residence, driving and accident history data.

There really are so many different factors that can be used to more effectively differentiate between drivers risk levels. Parking habits, driving distances, days driven and so on are just the beginning. A more personalised approach to car insurance pricing is possible, but it just might have to be a part of the next generations way of life.

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pYoui offers tailor-made car insurance that could save you lots of money. At Youi we ask the right questions so that you dont pay for car insurance you dont need. You interested? Go to youi.com.au for a smarter way of doing a target=_new href=http://www.youi.com.au rel=nofollowCar Insurance/a./pbr
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Author: Vicki Churchill
Source: ezinearticles.com

If you have had an accident within the last three years which was caused through no fault of your own, you may be able to use your basic homeowners insurance policy to fund bringing a legal claim for compensation.

There are many different types of personal injury, for example, slip or trip claims, accidents whilst on holiday, road traffic accidents, assaults or even injuries which occur as a result of an industrial accident.

The normal time limit for bringing a personal injury claim is three years from the date of the accident.

It is important to preserve any evidence or information which may be used to support your personal injury claim. Here is a short list of some things you should think about doing if you have recently suffered a personal injury. This list is not exhaustive and depending on the circumstances there may be much more information to gather.

It is useful if you are able to keep a diary of the events surrounding your accident. (I.e. exactly what happened, the date, place and time of accident, what happened straight after the accident, medical treatment provided with and so on.)

Make sure you record the names and addresses of any witnesses.

Keep a note of the details of who was responsible for your accident.

Obtain photographs of the area in which your accident occurred.

Be certain to record your accident in any available accident book.

Most people may not be aware that basic homeowners insurance will usually have legal expenses insurance attached to it. The amount of legal expenses cover varies depending on the policy. If you are unsure as to the exact amount you can easily check by contacting your insurer or if you have a copy of your insurance schedule it should state the amount on there.

Legal expenses insurance is not always automatically attached to a basic homeowners insurance policy. Again if you either contact your insurer or check your policy schedule you will be able to ascertain whether you do in fact have legal expenses cover or not.

Once you have discovered that you do have potential legal expenses cover you will need to telephone the provider and request a claim form. It is worth noting that the legal expenses provider is normally a different company to your insurance company. You will find details of how to lodge a claim and who to contact in your basic homeowners insurance policy.

The claim form itself is normally very straightforward and requires some personal information, such as your name and address. It will also ask for details of the events surrounding your personal injury claim. It is normally a good idea to provide copies of any witness statements and photographs together with any other evidence you may have available. Once you have completed your claim form you need to send it to your legal expenses provider and not your homeowners insurer.

If you would like to know more about making a personal injury claim under your homeowners insurance visit basic homeowners insurance now!