It’s 2008!!!
To find out with whom you should be insured for your Auto, Home and Life insurance, click here.
Have You Seen The World Clock?
It’s quite spectacular. With shocking statistics, the site lists over 2,500 fatal car accidents per day!!!
http://www.peterrussell.com/Odds/WorldClock.php
With almost 3,000 deaths per day related to car accidents, one can only imagine how many injuries there must be. Standard insurance policies pay only $400 a week if you're unable to go to work. This amount can be increased by upgrading your policy for as little as $40 or $50 per year. Ask your insurance representative to review this for you.
Damage To Your Car
Reporting Your Accident To The Police: You need to report an accident to the police if there are any personal injuries or fatalities, and when damage to vehicles exceeds $1,000. Damage to public or private property must also be reported to the police.
Note: The police do not report your accident to the insurance companies.
Reporting Your Accident To The Collision Reporting Centre: The collision reporting centre does not have the right or duty to automatically disclose claim information to your insurance company. However, if you exercise your option to sign a release of information form, the collision reporting centre will send the information to your insurance company on your behalf.
Determining Fault For Your Accident: The police determine whether there has been a violation of the law. Your insurance company determines fault, which dictates whether or not your insurance rate will increase. The police could determine that you didn’t break any laws, and yet your insurance company can still deem you to be at-fault. |
Damage To Your Insurance Rate
Reporting Your Accident to Your Insurance Company: You are required by law to report any accident to your insurance company within seven days, regardless of who was at fault.
Cost of a Claim: It doesn't matter whether you have a parking lot fender bender or if you total your car, your insurance rate will increase regardless of the cost of repair if you are found at-fault by your insurance company. Whether you make a $2,000 or a $60,000 claim, your insurance rate could increase by the same amount.
Insurance companies base their policies on the probability that if you’ve had one accident, you’re probably going to have another. |
Right Of Way or No Way!?!?!
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The Wild Card
Every company is going to charge a different rate after one accident. The question is how much is your insurance rate going to increase?
Insurance companies can only give you one rate, but with InsuranceHotline.com, you have access to over 30 rates from over 30 different insurance companies.
This means you hold the wild card. |
Protect Your Pocket Book
Rule 1: If you’ve NOT had an “at-fault” or “partially at-fault” accident in the last 6 years, get insured NOW with the insurance company that offers the lowest rate. Some drivers with NO accidents are paying more for their insurance than drivers with accidents.
InsuranceHotline.com will instantly direct you to the lowest 3 rates available.
Rule 2:Consider going with an insurance company that provides a rate and coverage that will not fluctuate if you get into an accident.
Here’s a more detailed explanation of the difference between Accident Forgiveness, No-Fault Insurance and Claims Protection: http://www.insurancehotline.com/newsletter/archive/romanov18 |
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Frequently Asked Questions
Here are some of the biggest questions asked about accidents:
Q. I recently was involved in an accident and the damage is $3000 between the two vehicles. Would it be smarter to pay for the repairs myself or should I go through my insurance company?
To view the answer, click here.
Q. If I decide to pay out-of-pocket and the other driver goes through insurance, does my insurance company find out?
To view the answer, click here.
Q. If I go through my insurance company, does my policy cover my damage and does the other driver’s insurance company cover their damage?
To view the answer, click here.
Q. What if my car was hit by an uninsured driver?
To view the answer, click here.
Q. What if I was the victim of a hit and run?
To view the answer, click here. |
Parking Lot Accidents
Trying to figure out who is at-fault in a parking lot accident is tricky. For some basic rules, click here. |
The guy is every driver’s nightmare. |
To Swerve Or Not To Swerve
I heard about a guy that hit a deer. Instead of leaving it on the side of the road, he put it in the back seat of his car to take home so he could enjoy some venison. Well, the deer wasn't dead, and when it woke up it was kicking mad. Next came a frantic 911 call from the driver. I wonder how he explained to the insurance company how the inside of his car got destroyed?!?!
If you’ve purchased comprehensive coverage, a collision with an animal is covered, subject to your deductible. But, does that also cover the animal waking up inside your car and destroying it?!?!
What if you swerve and miss an animal but hit the guard rail? Click here to find out. |
Dispute With Your Insurance Company Over a Recent Accident?
The General Insurance OmbudService (GIO) is an organization that mediates disputes between insurance companies and drivers with respect to the "Fault Determination Rules". In other words, if you have a dispute with your insurance company that you can't resolve, the GIO will help. They also mediate for home and life insurance issues, and much more. Their contact information is as follows:
Telephone Number: 1-877-225-0446
Website: www.giocanada.org
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Driving In the Big Freeze
1. Salt and de-icing technology are ineffective in extreme cold weather (below -18° C).
2. If your car begins to slide/skid, look where you want to go.....if you stare at the tree or big truck, you will hit it!
3. Driving at the speed limit is okay in good weather. Most winter crashes result from driving too fast in poor conditions even though drivers may be moving slower than the speed limit. More than 50% of winter accidents involve single vehicles driving into ditches, guard rails etc.
4. Increase stopping distance. Not just on snow and ice, but also for dried salt on the road.
5. Conditions change rapidly. Ice can form on bridges and overpasses even when temperatures are above freezing. Expect ice in shaded areas. |
Top 10 List of Winter Driving Tips From the O.P.P.
Click here to view the list.
Getting Stranded
If you get stranded in snow, make sure that your exhaust system is not
blocked by snow as this will force carbon monoxide into your car. It is
odorless, colorless and deadly. You could fall asleep and possibly never wake up.
Click here to learn more. |