Low Rate Health Insurance Quotes – Find and Compare Cheap Insurance Rates Online

First, ask your friends around you about the insurance policies, which they are using, but the most important thing to keep in mind is that your friend’s need may be different from the one, which is used by you.

The other thing is that you should not opt for a particular plan just because your friend has recommended to you. Instead, you have to go through the plan carefully and see that the plan provides you with different type of services that you are looking for. After all the research, one could choose a plan and can proceed with the plan.

The advantage for looking out for cheap rates online is the competition that is present among the insurance company’s, and each insurance company is alert of it. If you are looking to have cheap insurance then you have to compare the rates with different companies.

The most important thing to look out for is the zip codes, which are even ten miles from each one can actually have a huge difference in the periodical premium charges that is to be paid. This is also based on cost of livelihood and other factors as well.

If you are making a health insurance online, then you have to fill up the form online, where you have to answer some questions and it is a very fast process. There would be some general questions asked such as the age, the degree of risks, and the terms of premium and there benefits that is offered on the plan.

You can opt for a particular plan, which offers the services and the features, and if you think that, it will help your needs then you can opt for it. Some of them are comfortable with catastrophic insurances that would guard you from costly hospital and medical bills, but cannot have the coverage of doctor’s visits until a huge deductible is met.

Given the current recession it is important to make sure to prioritize your money and compare insurance quotes online. A good place to state would be an online website that actually allows you to compare insurance quotes online for free.

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Florida Health Insurance Rate Hikes and Quotes

Florida Health Insurance Rate Hike

Florida Health insurance premiums have touched new heights! Every Floridian has the common knowledge that most annual health insurance contracts will endure a rate increase at the end of the year. This trend is not new and should be expected. Every time this issue pops up it seems as though the blame game starts. Floridians blame Health insurance companies; Health insurance companies blame Hospitals, Doctors and other medical care providers, Medical care providers blame inflation and politicians, well, we really don’t know what they do to help the issue… No one seems to be interested in finding the real cause of the health insurance premium rate increase. Most individuals, self employed, and small business owners have taken Florida Health Insurance Rate Hikes as the inevitable evil.

Hard Facts

What are various reports telling us? Why do Health insurance premium have annual rate increases?

Rate of inflation and heath insurance premium rate increase.

America’s health expenditure in the year 2004 has increased dramatically, it has increased more than three time the inflation rate. In this year the inflation rate was around 2.5% while the national health expenses were around 7.9%. The employer health insurance or group health insurance premium had increased approximately 7.8% in the year 2006, which is almost double the rate of inflation. In short, last year in 2006, the annual premiums of group health plan sponsored by an employer was around $4,250 for a single premium plan, while the average family premium was around $ 11,250 per year. This indicates that in the year 2006 the employer sponsored health insurance premium increased 7.7 percent. Taking the biggest hit were small businesses that had 0-24 employees. There health insurance premiums increased by nearly 10.4%

Employees are also not spared, in the year 2006 the employee also had to pay around $ 3,000 more in their contribution to employer’s sponsored health insurance plan in comparison to the previous year, 2005. Rate hikes have been in existence since the “Florida Health Insurance” plan started. In covering an entire family of four, a person will experience an increase in premium rate at every annual renewal. If they would have kept the record of their health insurance premium payments they will find that they are now paying around $ 1,100 more than they paid in the year 2000 for the same coverage and with the same company. The same item was found by the Health Research Educational Trust and the Kaiser Family Foundation in their survey report of the year 2000. They found out that the premiums of health insurance that is sponsored by the employer increases by around 4 times than the employee’s salary. This report also stated that since 2000 the contribution of employees in group health insurance sponsored by employer was increased by more than 143 percent.

One business man predicts that if nothing is done and the Health insurance premiums keep increasing that in the year 2008, the amount of health premium contribution to employer will surpass their profit. Professionals within and outside the field of Florida health insurance, think that the reason for increase in Florida health insurance premium rates are due to many factors, such as high administration expenditure, inflation, poor or bad management, increase in the cost of medical care, waste etc.

Florida health insurance rate hikes affect whom?

Rising rates of Florida health insurance generally affects most of the Floridians who live in our beautiful state. The highest affected individudals are the minimum wage and low wage workers. Recent drops in the renewal of health insurance are mostly from this low income group. They just can’t afford the high premiums of Florida health insurance. They are in the situation where they can not afford the medical care and they can not afford the medical insurance premiums that are assosiated with adequate coverage. Almost half of all Americans are of the opinion that they are more worried about the high health insurance rate and high cost of health care, over any other bill they have on a monthly basis. A survey also finds that around 42% of Americans can not afford the high cost of health care services. There is one very interesting study conducted by Harvard University researchers. They found out that 68% of people who filed bankruptcy covered themselves and their family by health insurance. Average out-of-pocket deductibles for people filed bankruptcy were around $ 12,000 per year. They also found some co-relation between medical expenditure and bankruptcy. A national survey also reports that main reason for people not to take health insurance is the high premium rate of health insurance.

How to reduce Florida’s high health insurance cost? Nobody knows for sure. There are different opinions and experts are not agreeing with each other. Health professionals believe that if we can raise the number of healthy people by improving the lifestyle and regular exercise, good diets etc. than naturally they will need less medical care services which decreases the demands of health care and hence the cost.( This year in Florida the smoking rate has increased by 21.7 percent) One Floridian sarcastically suggested that there are ‘highs’ and ‘lows’ in health care that are needed to reversed. That the state of Florida is to ‘high’ in cost of medical care compare to other States and ‘low’ in the quality of health care.

Florida Health insurance rate hike has attracted many frauds. These frauds float many bogus insurance companies and offer cheap health insurance rate which attract many people to them. These companies usually through assosiations that are based in other states.

Meanwhile reputable Florida health insurance companies provide different types of health insurance like employer sponsored group health insurance, small business health insurance, individual health insurance etc. to vast number of employees and their families. Still there are many people in Florida that lack any health coverage. Today the employer also has found it challenging to decide how to offer employer sponsored group health insurance to their employees, so that both of them arrive at some point of agreement.

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How to Find the Best Illinois Homeowners Insurance Rates

There are plenty of different ways that one can go about lowering their Illinois homeowners insurance rates. However, before one can find the best Illinois home insurance rates it is important to understand some of the various factors that influence IL home insurance rates.

There are approximately 12 million people residing in the state of Illinois (according to figures from the United States Census Bureau) and of those people, most homeowners require home insurance. But with so many people how does Illinois rank among the states of this country when it comes to homeowner insurance? In this article you will be able to see the many rates and figures of homeowners insurance in the state of Illinois and all over the United States.

Average Illinois Homeowner Insurance Rates

It is important to understand that Illinois is not one of those states that suffers a lot due to natural disasters and stuff of that magnitude and for this reason the homeowner insurance rates might not be that high. According to the National Association of Insurance Commissioners Illinois ranked 31 out of the 50 states in the United States when it comes to homeowners insurance rates with an average rate of $660 in the year 2005. However, the rates have gone consistently up in every single state of the nation due to the inflation of the dollar through the years.

Another thing that is important to understand about this rate is that not everyone in Illinois will be close to this dollar amount. Many people might have a more expensive premium or a least expensive one for reasons that we will discuss later in the article. It is also good to note that the survey was conducted in dwelling that had standard home insurance policies and that those of people that have a higher degree of coverage were more than likely not included. Nevertheless, the rates in Illinois are nothing compared to the ones in Florida which were an average of $1,083 and Louisiana with an average of $1,144. It is also important to mention that the average premium in all the United States was approximately $764 in the year 2005.

Things That Can Affect Your Illinois Homeowners Insurance Rates

There are many things that can affect your Illinois homeowners insurance rates and that many people don’t know. For this reason below you will find out the main causes of high rates along with some of the things that people don’t know will affect their rates and a with a brief description of each.

1. Credit Report: This is a main reason that people pay much more for premiums that they should. If you have a good credit report then you should be off the hook and in fact companies will more than likely give you a better rate than the others. On the other hand if you don’t have a good credit report you should be expecting to pay much more. The reason for this is that an insurance company will simply take the “risk” of insuring you and will expect you to pay monthly without missing any payments. The people that have bad credit scores are more than likely to stop payments or not have enough to cover the deductible when making a claim.

2. Your Claim History: Another big thing that can affect your Illinois home insurance rates and that many people don’t know about is an individuals claim history – both with the current insurance company and with past insurance companies. If you have a long history of claims then you are not in good standing. Of course we are not talking about the kind of claims that include a natural disaster, but mostly the claims that have to do with personal possessions. Because your policy covers the things inside your home as well as furniture and electronics in case of accident, some people take advantage and claim when something gets broken just because. If you do this a lot, the next Illinois homeowners insurance company that you apply for will see that in your record and it will raise your rates a little bit. Keep in mind that homeowner insurance companies can also deny you, so it’s better to pay out of pocket for the possessions that you can afford before making a claim. Avoid making frivolous claims at all cost.

3. Age, Location, and Type of Property: This is perhaps one of those things that people are mostly aware of. A home made out of frame will be easier to destroy or be subject to damage that one made out of brick. A house that is located near the coast will be more expensive to insure than one of the coast. The reason is because the one near the ocean is subject to flooding and storm waves. Last but not least an old house that will be subject to repairs all the time is more likely to have a higher premium than a brand new one!

Tips To Find Cheap Illinois Homeowners Insurance Rates

It is true that the rates in the state of Illinois are not that high in comparison to the rest of the country, but you have to know that there are many ways to save some money regardless of how much you are paying at the moment. Below you will find a few tips that can help you save on IL homeowners insurance.

1. Ask for Discounts: It is important to understand that every insurance company will give you discounts if you ask and are actually eligible for them. If you are applying online make sure to do the research and apply for as many discounts as possible, and if you apply in person don’t hesitate to ask the agent for any discounts.

2. Bundle Insurances: This is perhaps the most important and money saving opportunity that most people are looking for. If you have more than one type of insurance and you see that one of your company features all of them then you could put all insurance needs under one company. You will be rewarded for being a “premier customer” and save about 10-15% on everything.

3. Only Buy The Coverage That You Need: It is important to understand that many people in the United States buy less than what they need. However, there are also a lot of people that buy much more than what they need. Try to get rid of the coverage that you don’t need by revaluating your policy every year. An example of this is that if you have flood insurance and you do not live in a flood zone then it would be smart to get rid of it.

4. Compare Multiple Quotes: Whether you are doing the shopping online or in person make sure that you shop around. Visit various locations or websites and compare as many quotes as you can. The more quotes you get, the better chance of lowering your rates.

You Too Can Lower Your Illinois Homeowners Insurance Rates

As you can see from the article the rates for homeowners insurance in the state of Illinois are not that high compared to those of other states. In fact, they were lower than the nation’s average in the year 2005. Nevertheless you can save money and lower your IL home insurance rates by following the tips above!

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The Factors That Affect Your Pennsylvania Auto Insurance Rates

What factors affect the cost of your Pennsylvania auto insurance rates? It is important to understand these factors in order to find cheap Pennsylvania auto insurance rates because after all; who want to pay more for their PA car insurance policy than they have to?

The state of Pennsylvania like many others has their own requirements when it comes to automobile insurance. The state that has approximately 12 million people is home to many big cities such as Pittsburgh and Philadelphia. Rates change accordingly to where people live and what they drive. It is important to understand that rates are not the same for everyone and that there are many different things that you can do to lower your rates. Below you will find out some valuable information about automobile insurance rates in Pennsylvania and some key information about how rates are calculated.

Pennsylvania Auto Insurance Rates Of The Past

Although there is not exact figure of the average rate of car insurance premium that the everyday Pennsylvania resident pays nowadays, there are statistics that show how much they had paid in the past. In the year 2003 the average Pennsylvania premium was about $909 compared to the national average of about $914. It is important to understand that the premiums have been on the rise since then simply because automobiles have been converted to a necessity instead of a luxury. It is also known that the first drop of automobile insurance rates came in 2007 when most premiums dropped from 0.5 to 1% and in 2008 and beyond experts predict that the rates will go up again!

Determinants Of Automobile Insurance Rates In Pennsylvania

The PA automobile insurance industry like many others has determinants on how their rates are calculated. It is important to understand these important factors because the more you know about what determines your rate, the more money you may be able to save.

1. Place of Residence: One of the most important determinants of your PA car insurance rates is your place of residence. If you live in a rural community you will not pay that much in car insurance simply because the likelihood of an accident is not that great. On the other hand if you live in a big city like the ones mentioned above, you will have to pay more per month. Add to the many traffic jams and the number of accidents and the risk of your vehicle being stolen and the premium will increase to a great degree.

2. Your Age and Gender: This is one of the most important determinants of the rates in Pennsylvania automobile insurance industry. The rates in the auto insurance business are high when you are a teenager and you are starting to drive, are lower when you are a middle aged American (usually from 26-50) and then they get high again when you become a senior citizen. A reason for this is that teens and senior citizens tend to have a higher accident risk than do middle aged people. Your gender will also be a determinant because although there is a common widespread idea that women drive worse than men, it is men who get in more accidents than women because they tend to drive more aggressively. Because of this men’s rates are usually higher than those of women.

3. Vehicle Type and Year: This is very important because it is the most used determinant when it comes to insurance companies coming forth with a rate. Every year insurance companies get a top 100 countdown of the cars with the most injuries after an accident and the ones that are at the highest risk of being stolen. Those cars at the top of both categories will be the ones that will be expensive to insure because they are of more “risk” to the insurance company. Another thing important to highlight and that may be bad for those drivers that own sports cars is that insurance companies usually charge those drivers a lot more for car insurance. The reason for this is that in the automobile insurance business speed is associated with accidents and although some may argue that it is not fair to discriminate against sports car owners, the auto insurance industry does just that.

4. Credit Report: Many people don’t understand why this has anything to do with the rate of your automobile insurance. The truth is that for any insurance in the market nowadays, credit report is very important. If you have a good credit report you will have to pay less money than someone who doesn’t have good credit. This is simply because auto insurance companies are protecting themselves from those drivers that cannot pay regular monthly premiums.

Pennsylvania Automobiles With The Highest Car Insurance Rates

Most Expensive for Theft:

1. Four-Wheel drive Cadillac Escalade

2. Chevy Corvette Convertible

3. Four-Wheel drive Lincoln Navigator

4. Four door Jeep Cherokee

5. BMW Series 3 Convertible

Most Expensive for Injury:

1. Four Door Suzuki Esteem

2. Four Door Kia Rio

3. Two Door Mitsubishi Mirage

4. Four Door Kia Spectra

Most Expensive for Collision:

1. Four-Wheel Drive Subaru Impreza

2. Four Door Lexus IS 300

3. Two Door Hyundai Tiburon

4. Two Door Porsche 911

5. Acura RSX

Pennsylvania Auto Automobiles With The Lowest Car Insurance Rates

Least Expensive for Theft:

1. Buick LeSabre

2. Buick Park Avenue

3. Volvo 720 Station Wagon

4. Four-Door Mercury Grand Marquis

Least Expensive for Injury:

1. Two-wheel drive GMC Sierra 2500

2. Chevy Silverado 2500

3. Four-Wheel Drive GMC Yukon

4. Four-Wheel Drive GMC Sierra 2500

5. Two-Wheel Drive Chevy Tahoe

Least Expensive for Collision:

1. Two-Wheel Drive Ford Excursion

2. Four-Wheel Drive GMC Safari

3. GMC Sierra 2500

4. Four-Wheel Drive GMC Yukon

Go Find The Cheapest PA Car Insurance Rates!

If you paid attention through the entire article you may have seen that rates do not only depend on one thing, but they are many factors that work together to determine your PA car insurance rates. If somehow you fit under the categories of factors that will allow you to have a lower rate then congratulations! If on the other hand you live in a big city, drive a sports car, and your vehicle is at the top of the lost of most stolen vehicles then don’t panic; you can still find a well priced policy. Just make sure that you look around and do you homework because the more you search the better your rate will turn out to be!

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Most Noticeable Life Insurance Ratings

Life insurance is a replacement for loss of income for the family whenever somebody passed away. The least expensive kind of insurance is this insurance. It is cause why this is the most popularly bought. Although this insurance is cheap, you had better select life insurance company that has the best ratings.

Whenever people select to purchase an insurance policy, and then that people will generally discover the best life insurance rating. These ratings can be found through seeking online. These ratings are classed into standard categories, preferred and also preferred plus. Whenever you prefer to buy preferred plus, you have to keep certain health terms. Some of the primary health checkups are blood pressure and cholesterol checks. This process is made to specify preferred rates and preferred plus. You will be presented the facility to compare these ratings by most of the life insurance companies. You are able to seek the best ratings available at that moment. You too can check about the financial strength of several companies in the market.

Whenever you seek life insurance rating, you have to pay attention below elements like you must see your health condition. You had better seek companies that have fine reputation for not raising the price due to your health condition.

You had better pay attention on the structure and provisions of these policies. You must learn whole the fine print which is given by insurers. It is significant to view the prices of this policies. You had better seek insurance companies which have fine rating with their low prices. You too had better see the financial strength of the term life insurance company. It is significant since you will place your money to the company, so you have to insure that the company will not go break. Some people require this insurance quick, so they pick out to purchase the term one. A high rating company can set this into effect rapidly, so you have to seek the company which has a high rating.

Significant part to specify the best rates is customer hobbies and driving records. These rates which will be given may not be suitable when it comes to the real life position. While you select to seek this insurance policy, you must be curiosity what kind of insurance which is the most proficient. The next question is whether to buy through online or from the broker. You should be better to consult experts who deal with various these insurance rates and policies. You should be truthful while stating about your health. Then you have to pay attention for insurance rates. To shop around for insurance agents is additional way to find this insurance rating. For getting the best life insurance rates, you are able to ask to the agents who can assist you to clear up all doubts about the policy rates.

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Insurance Rates – How Your Car Insurance Rate Is Determined

There is a specific formula that insurance companies use to calculate your auto insurance rates. It is more complicated than some of the most complex calculus equations. Powerful computers are used to determine a driver’s risk analysis. Once a driver’s liability profile has been determined, then it is compared to all of the historical records in the auto insurance company’s database. A mere mortal could not possibly assimilate the insurance rating system in its entirety, but a solid comprehension of the basics is all that is necessary.

The Components of Determining an Auto Insurance Rate

State law regulates auto insurance, so the state in which you live is the most important component in determining the price of auto insurance. For example, the state of Hawaii has extremely liberal liability laws and a deluge of uninsured motorists. North Dakota, on the other hand, has much more conservative laws and fewer uninsured drivers. As a matter of fact, North Dakota has fewer drivers period. If there is a lower number of automobiles on the road, then there is less chance that an accident will happen. As a result, the average insurance premiums paid in Hawaii are almost three times higher than the insurance premiums paid in North Dakota. Apart from your state of residence, the principal factors the affect your rates are more personal and statistical. They include your age, your gender, and your marital status. Other factors that come into play are your driving record, your credit history, where you reside, and the make and model of your vehicle or vehicles.

Why Do Age, Gender and Marital Status Affect My Rates?

The auto insurance company’s goal is to determine how much risk you are as a driver. Because they have years and years of data that they have collected, they know that drivers between the ages of 16 and 24 are involved in a higher number of accidents, individuals between the ages of 50 to 64 are in the fewest number of accidents, and starting at the age of 65, people begin getting in more accidents yet again. Furthermore, by the time they reach the age of 75, they are more commonly in auto accidents than even the younger group of drivers. Statistically, women are in less accidents than men. Gender is especially important concerning people under the age of 25. Young men are in far more car accidents than young women. Statistics also show that this risk is partially offset, surprisingly, by marriage. Time has shown that married men ages 18 to 24 are in fewer accidents than single men.

Other Factors that Come Into Play

An individuals driving record is an extremely important factor in determining the price of auto insurance. The insurance companies know that if you are in one accident, there is a higher probability that you will be in a another accident. If you have a second accident, then there is an even greater probability that you will be in a third and so on. If you are in multiple accidents in a short time period, your auto insurance rates will go sky-high. An individuals credit history is also a very important factor in determining their insurance rate. This is controversial, but the insurance companies have historical data showing that, as a whole, people with a lower credit rating cost more to insure. Where you live is an important factor as well. Your city of residence indicates how much traffic you will encounter on a daily basis. Also, some cities have a higher number of car thefts than other cities. One last factor taken into consideration is the make and model of your automobile. It is known that similar cars get into more accidents, some cars sustain more damage, and some cars cost more to repair. These are all important factors in determining the amount of risk you pose to the insurance company.

How Does This All Sum Up?

After taking all of these factors into consideration, the insurance company assigns you a “rating factor”. This factor is then multiplied with the “base rate” for each type of coverage you have selected. As an example, an auto insurance plan may be priced at $300 every six month period for someone with a “preferred rating”. However, if your rating factor is 1.4 because you pose a higher risk to the insurance company, you will be charged $420 for the same coverage. This is determined by multiplying $300 times the rating factor of 1.4. Keep in mind that it is very important to realize that not all insurance companies use the same basic criteria to determine insurance rates. Companies weigh various risk factors quite differently. That is why it is extremely important to compare rates from multiple companies for your car insurance. One company may determine a rating factor of 1.5 for you while another company may give you a much lower rating factor or even a preferred rate. The only way to get the best auto coverage for the least amount money is to compare quotes. There are many websites available that make this much easier and less time-consuming by offering multiple auto insurance quotes from various insurance companies.

I started in the insurance industry because, like everyone else that needs personal insurance, I had spent countless hours comparing rates and researching insurance companies to find the best insurance coverage at the lowest price. After repeating this process a few times over, I decided to take this knowledge, study for an insurance exam, pass a test and set a goal to supply other people with this information in a more timely manner.

Understandably, it is critical to find the right information when searching for insurance products. My next step was to create websites that offered the most current insurance information with competitive insurance quotes. That was many years ago.

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