Saturday, March 17th, 2007
From: jblyn…@att.net
Date: Mon, 12 Mar 2007 17:37:03 -0700
Local: Mon, Mar 12 2007 7:37 pm
Subject: What if I buy multiple cars/multiple driver policies from two companies?
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It is time to add my 16 year-old son to our auto insurance policy.Our current insurance provider quoted us $3,050/yr on top of the$2,200 we pay for our 3 cars/2 driver scenario. Our $5,250/yr policywould look like this:Car 1: Honda Civic, primary driver = male over 25, 15K mi/yrCar 2: BMW 318, primary driver = female over 25, 15K mi/yrCar 3: Chevy Impala, primary driver = male under 25, 5K mi/yrCar 4: Chevy Suburban, recreational only, 5K mi/yrIn our research we have discovered that having a 2-car/3-driver policywhere the boy is a part-time driver saves a ton of money. My questionis this, if we were to buy 2-car/3-driver policies from two differentinsurance providers, would we be opening ourselves up for issues whenit comes time to file a claim on one of the cars?It would be like this:
>From GEICO we would buy a policy:
Car 1: BMW 318, primary driver = female over 25, 15K mi/yrCar 2: Chevy Impala, primary driver = male under 25, 5K mi/yr16 year-old son is part time driver on either car
>From AmFam we would buy a policy:
Car 1: Honda Civic, primary driver = male over 25, 15K mi/yrCar 2: Chevy Suburban, primary driver = female over 25, 5K mi/yr16 year-old son is part time driver on either carCould I get away with this? I know I would save $$ on premiums. Whatdo you think?–JB
Wednesday, April 11, 2007
How Much Car Insurance Do I Really Need?
By Larry Lubell
Think you’re paying too much for car insurance?
Today we are all looking for ways to save money, but driving with out auto insurance is irresponsible, as well as illegal in most states. Today, even small accidents can result in thousands of dollars in damages.
Due to the high price of vehicles, ever-increasing medical costs, and new bankruptcy laws which make it even more difficult to eliminate your debits; it is financial suicide to drive with out insurance.
When looking for car insurance, no one wants to pay more than they have to in order to get the needed coverage. The question is How Much Car Insurance Do I Really Need?
Below are some suggestions to help you lower your insurance costs.
First you have to understand the basics of Car Insurance.
If you have a new car and or a car that is being financed, you are going to need to get COMPREHENSIVE COVERAGE & COLLISION, that’s the Portion of an auto insurance policy that covers damage to the policyholder’s car whether from a collision with another car, or damage from fire, explosions, earthquakes, floods, and riots), and theft. This will need to be purchased along with Liability Insurance. Because your insurance company might be obligated to replace or repair your car in the event of a loss, the year, make and model of the car will have a major impact on the cost of the Car Insurance. Clearly, an insurance company would rather layout the money to replace a seven-year-old Dodge Neon, then a new $450,000 Porsche Carrera GT.
If you have an older car or a car that is not being financed, you can select to purchase just Liability Only.
LIABILITY INSURANCE covers what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person, to specified limits. A liability only policy will cost less than buying full coverage.
When one purchases Liability Insurance you have the option to select different Limits. It is important to understand that the LIMITS OF LIABILITY state the Maximum amount of money that the insurance company will pay for a covered loss. For auto insurance In Illinois the requirements are $20,000 per person Bodily injury /$40,000 Total per accident bodily injury /$15,000 Property damage. In Indiana they are $25,000 per person Bodily injury /$50,000 Total per accident bodily injury /$10,000 Property damage.
It is important to understand that a person can always sue you for more money than is covered under your insurance policy- it for that reason that I suggest carefully evaluating your financial exposure. If you have little or no assets, and you have an accident for which you were covered, it is unlikely that the judge will award damages in excess of your coverage. If however you manage a Hedge Fund, and own a three million dollar home, and large sums of liquid assets, it would be financially irresponsible to be driving around with State minimums.
So the question is How Much Car Insurance Do I Really Need is dependant on your own personal finances. Please feel free to call Urban Insurance at 800-680-0707 to speak to an agent.
Think you’re paying too much for car insurance?
Today we are all looking for ways to save money, but driving with out auto insurance is irresponsible, as well as illegal in most states. Today, even small accidents can result in thousands of dollars in damages.
Due to the high price of vehicles, ever-increasing medical costs, and new bankruptcy laws which make it even more difficult to eliminate your debits; it is financial suicide to drive with out insurance.
When looking for car insurance, no one wants to pay more than they have to in order to get the needed coverage. The question is How Much Car Insurance Do I Really Need?
Below are some suggestions to help you lower your insurance costs.
First you have to understand the basics of Car Insurance.
If you have a new car and or a car that is being financed, you are going to need to get COMPREHENSIVE COVERAGE & COLLISION, that’s the Portion of an auto insurance policy that covers damage to the policyholder’s car whether from a collision with another car, or damage from fire, explosions, earthquakes, floods, and riots), and theft. This will need to be purchased along with Liability Insurance. Because your insurance company might be obligated to replace or repair your car in the event of a loss, the year, make and model of the car will have a major impact on the cost of the Car Insurance. Clearly, an insurance company would rather layout the money to replace a seven-year-old Dodge Neon, then a new $450,000 Porsche Carrera GT.
If you have an older car or a car that is not being financed, you can select to purchase just Liability Only.
LIABILITY INSURANCE covers what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person, to specified limits. A liability only policy will cost less than buying full coverage.
When one purchases Liability Insurance you have the option to select different Limits. It is important to understand that the LIMITS OF LIABILITY state the Maximum amount of money that the insurance company will pay for a covered loss. For auto insurance In Illinois the requirements are $20,000 per person Bodily injury /$40,000 Total per accident bodily injury /$15,000 Property damage. In Indiana they are $25,000 per person Bodily injury /$50,000 Total per accident bodily injury /$10,000 Property damage.
It is important to understand that a person can always sue you for more money than is covered under your insurance policy- it for that reason that I suggest carefully evaluating your financial exposure. If you have little or no assets, and you have an accident for which you were covered, it is unlikely that the judge will award damages in excess of your coverage. If however you manage a Hedge Fund, and own a three million dollar home, and large sums of liquid assets, it would be financially irresponsible to be driving around with State minimums.
So the question is How Much Car Insurance Do I Really Need is dependant on your own personal finances. Please feel free to call Urban Insurance at 800-680-0707 to speak to an agent.
Sunday, April 1, 2007
Electronic SR22 Filing program
Wednesday, March 7th, 2007
By Larry Lubell
SR 22 and SR26Urban Insurance Agency represents several Auto Insurers that provide Electronic SR22 filing of Financial Responsibility forms with the State of Illinois. By using the Electronic SR22 filing program, the filing is entered directly into the state database, eliminating the traditional delays involved with the manual entering of the filing. This is a service we can provide on behalf of our policyholders.The following states are using the electronic SR22 SR26 data exchange application:Colorado, Idaho, Illinois, Missouri, Nebraska, Washington, Wisconsin, WyomingElectronic SR22 filings bring many advantages including: * An end to waiting in line at over crowded DMV offices.* No more waiting for your SR-22 to be manually processed at the Secretary of State’s office.* An end to the 15 day advanced notice you must give to the State when renewing your insurance.* Real-time confirmation that the filing has be accepted.
Call us today at (800) 680-0707
or Fill out the request form for and we will provide you with a quote to get your insurance started. Get a free quote..
Sunday, March 11, 2007
Urban’s Rates can save you over 45% over Geico.com
February 5th, 2007
Urban Insurance Agency continues to save our customers hundreds of dollars over other insurance companies.
Below is just a sample of how much drivers saved switching to Urban Insurance over Geico*
Name Geico’s Rate Urban’s Rate Savings
Mr. Walsh $330.40 $150 $180.40
Ms. Carrol $842.20 $500 $342.20
Ms. Sanders $2,512.80 $967 $1,545.80
Mr. Reynolds $444.80 $319 $125.80
Mr. Timothy $911.20 $557 $354.20
Mr. Rivera $950.30 $559 $391.30
Mr. Robles $1,469.80 $960 $509.80
See how much money Urban can save you!
Above samples are actual policies that Urban Insurance placed on February 5th 2007 9:00am - 11:00 am.Urban Auto Insurance does not use credit scoring. Geico rates are prior to any of their credit scoring surcharges. Using Past experience as a guide, Geico Rates are usually higher after credit scoring is applied.
Urban Insurance Agency continues to save our customers hundreds of dollars over other insurance companies.
Below is just a sample of how much drivers saved switching to Urban Insurance over Geico*
Name Geico’s Rate Urban’s Rate Savings
Mr. Walsh $330.40 $150 $180.40
Ms. Carrol $842.20 $500 $342.20
Ms. Sanders $2,512.80 $967 $1,545.80
Mr. Reynolds $444.80 $319 $125.80
Mr. Timothy $911.20 $557 $354.20
Mr. Rivera $950.30 $559 $391.30
Mr. Robles $1,469.80 $960 $509.80
Average savings 47%
See how much money Urban can save you!
Above samples are actual policies that Urban Insurance placed on February 5th 2007 9:00am - 11:00 am.Urban Auto Insurance does not use credit scoring. Geico rates are prior to any of their credit scoring surcharges. Using Past experience as a guide, Geico Rates are usually higher after credit scoring is applied.
Wednesday, February 14, 2007
State Farm States No New Policies in MississippiWednesday
February 14th, 2007
By Larry Lubell
Urban Insurance Blog ________________________________________
State Farm Insurance Company anounced that it. is suspending sales of any new commercial or homeowner policies in Mississippi starting Friday. A company official said that the wave of litigation it has faced since Hurricane Katrina, was the main reason. Mississippi’s “current legal and political environment is simply untenable. We’re just not in a position to accept any additional risk in this homeowners’ market.” said Mike Fernandez, vice president of public affairs for State Farm State Farm has argued that their homeowner policies were worded to cover damage from wind but not from water - even if hurricane-force winds were the cause of the rising water. They also state that their policies exclude damage that could have been caused by a combination of both wind and water. Hundreds of State Farm policyholders have challenged that claim, saying they were “Sold” Hurricane policies and storm surge is a part of a hurricane, and they are therefore entitled to Compensation. In the case of Norman and Genevieve Broussard VS State Farm a jury awarded the Broussard’s $2.5 million in punitive damages against State Farm for refusing to cover Hurricane Katrina storm surge damage to their Biloxi home. U.S. District Judge L.T. Senter Jr. later reduced the award to $1 million, even though the judge found that State Farm acted in a “grossly negligent way” by denying the claim filed by policyholders.
Last month Attorney General Jim Hood reached a settlement with State Farm requiring them to pay about $80 million to more than 600 policyholders who sued the company for refusing to cover damage caused by Katrina. Judge Senter later refused to sign off on part of the agreement, a deal between State Farm and Mississippi
Urban Insurance is offering homeowners insurance in several states, including Illinois and Indiana.For quote on Homeoweners, auto, life or any other insurance coverage,
please call us at 800-680-0707
Or Click Here
By Larry Lubell
Urban Insurance Blog ________________________________________
State Farm Insurance Company anounced that it. is suspending sales of any new commercial or homeowner policies in Mississippi starting Friday. A company official said that the wave of litigation it has faced since Hurricane Katrina, was the main reason. Mississippi’s “current legal and political environment is simply untenable. We’re just not in a position to accept any additional risk in this homeowners’ market.” said Mike Fernandez, vice president of public affairs for State Farm State Farm has argued that their homeowner policies were worded to cover damage from wind but not from water - even if hurricane-force winds were the cause of the rising water. They also state that their policies exclude damage that could have been caused by a combination of both wind and water. Hundreds of State Farm policyholders have challenged that claim, saying they were “Sold” Hurricane policies and storm surge is a part of a hurricane, and they are therefore entitled to Compensation. In the case of Norman and Genevieve Broussard VS State Farm a jury awarded the Broussard’s $2.5 million in punitive damages against State Farm for refusing to cover Hurricane Katrina storm surge damage to their Biloxi home. U.S. District Judge L.T. Senter Jr. later reduced the award to $1 million, even though the judge found that State Farm acted in a “grossly negligent way” by denying the claim filed by policyholders.
Last month Attorney General Jim Hood reached a settlement with State Farm requiring them to pay about $80 million to more than 600 policyholders who sued the company for refusing to cover damage caused by Katrina. Judge Senter later refused to sign off on part of the agreement, a deal between State Farm and Mississippi
Urban Insurance is offering homeowners insurance in several states, including Illinois and Indiana.For quote on Homeoweners, auto, life or any other insurance coverage,
please call us at 800-680-0707
Or Click Here
Sunday, February 11, 2007
What is a financial judgment?
If one is involved in a motor vehicle accident, found guilty, there is a high likelihood that a court can find one financially responsible. This is why car insurance is so important. Without auto insurance you can be held personally accountable for any damages, which a court finds you liable. The law states that the Secretary of State shall suspend the driver’s license of anyone who failed for 30 days to pay his or her judgment. If the debtor fails to pay any installments, their driver’s license will be revoked along with the items necessary for driving legally, such as the city sticker, license plates, and the registration card for the vehicle. These laws are found under the Safety Responsibility Laws of Illinois. Once a “Judgment” is placed on your record the suspension remains in effect until:1. The person who owes the judgment pays the money owed in full, or an agreed upon negotiated compromise 2. an installment payment agreement order has been reached between the judgment debtor and judgment creditor. A breach of that agreement will cause a re-suspension of the driving privileges.3. the person who owes the judgment, files a petition for relief under the federal bankruptcy code pursuant to Chapter 7.To Reinstate Your License, You Must Do One Of The Following:
Installment Agreement Order
You can craft a contract with the plaintiff’s attorney to pay the judgment in monthly payments. The arrangement must be certified by the court in the county of jurisdiction and submitted to the Secretary of State. Keep in mind; if you fail to make all the payments on time, your license will be re-suspended. Obtain a court order agreeing to pay the judgment in installments and submit this installment agreement order with a court stamp or seal to the Secretary of State’s office at 160 North LaSalle on the 10th Floor Obtain SR22 Insurance. Urban insurance agency has been providing the lowest rates on SR22 car insurance. You must maintain this insurance for 3 years without lapse or cancellation.Payment of a $70.00 reinstatement fee are also required.
Satisfaction of the Judgment
1.Pay the full amount of the judgment to the plaintiff’s attorney or the Clerk of the Cook County Circuit Court. After paying the full amount, make sure you receive a certified, file-stamped copy of a “Satisfaction of Judgment” form. Bring this form to the Secretary of State at 160 North LaSalle Street located on the 10th Floor.
2. Obtain SR22 Insurance. Urban insurance Agency has been providing the lowest rates on SR22 car insurance. You must maintain this insurance for 3 years without lapse or cancellation.
3. A Payment of a $70.00 reinstatement fee is also required.
Start Your Insurance Today We feature SR22 filings at the lowest rates in Chicago
Call 1-800-680-0707 for a Free quoteor Click Urban Insurance Agency
Installment Agreement Order
You can craft a contract with the plaintiff’s attorney to pay the judgment in monthly payments. The arrangement must be certified by the court in the county of jurisdiction and submitted to the Secretary of State. Keep in mind; if you fail to make all the payments on time, your license will be re-suspended. Obtain a court order agreeing to pay the judgment in installments and submit this installment agreement order with a court stamp or seal to the Secretary of State’s office at 160 North LaSalle on the 10th Floor Obtain SR22 Insurance. Urban insurance agency has been providing the lowest rates on SR22 car insurance. You must maintain this insurance for 3 years without lapse or cancellation.Payment of a $70.00 reinstatement fee are also required.
Satisfaction of the Judgment
1.Pay the full amount of the judgment to the plaintiff’s attorney or the Clerk of the Cook County Circuit Court. After paying the full amount, make sure you receive a certified, file-stamped copy of a “Satisfaction of Judgment” form. Bring this form to the Secretary of State at 160 North LaSalle Street located on the 10th Floor.
2. Obtain SR22 Insurance. Urban insurance Agency has been providing the lowest rates on SR22 car insurance. You must maintain this insurance for 3 years without lapse or cancellation.
3. A Payment of a $70.00 reinstatement fee is also required.
Start Your Insurance Today We feature SR22 filings at the lowest rates in Chicago
Call 1-800-680-0707 for a Free quoteor Click Urban Insurance Agency
Friday, February 9, 2007
The 18 Top Rated SUVs
Wednesday, March 21st, 2007
The National Highway Traffic Safety Administration recently awarded these 18 SUVs with 5 stars for front-end and side-impact crash test worthiness:
The National Highway Traffic Safety Administration recently awarded these 18 SUVs with 5 stars for front-end and side-impact crash test worthiness:
Acura MDX
Acura RDX
Audi Q7
Dodge Nitro
Ford Freestyle
GMC Acadia
Honda CR-V
Honda Element
Hyundai Santa Fe
Infiniti FX35
Infiniti FX45
Jeep Grand Cherokee
Kia Sorento
Kia Sportage
Mazda CX-7
Saturn Outlook
Subaru Outback
Toyota Highlander
It is important to note each year more and more vehicles are making the National Highway Traffic Safety’s list of 4 or 5 star cars and trucks. Safer vehicles helps reduce car insurance rates, and more importantly saves lives.
Urban Insurance wants to congratulate those that made the list. We also want to remind you that a car is only as safe as the driver. Remember to drive defensively, always make sure you as well as your passengers are wearing seat belts, and NEVER drink and drive.
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