Protect Your Auto Investments with the Right Car Insurance

Protect Your Auto Investments with the Right Car Insurance


Car insurance provides financial and legal protection in case of damages or injuries that result from the use of a car or a motorcycle. However, this protection is only as good as the type of coverage you buy. Finding the right car insurance coverage from the right company will ensure sufficient support and protection when you need it most.


Choosing the Right Car Insurance Company

Top car insurance companies, like Insurance Doctor,have built their reputation through high quality support, value-added services, financial stability and reliability. Most car owners would focus on cheap care insurance but not every policy that comes with a low price tag may be a good deal in the end. In many cases, you do get what you pay for, so it is best to do your research before making a decision.

When choosing an auto and motorcycle insurance company, consider these factors:



Insurance companies that offer timely and trustworthy support are often strongly promoted by their own clients, so consider companies that receive the highest rating when it comes to customer satisfaction. Some websites publish reports and reviews online and it is a good idea to check out complaint ratios of companies you are considering. A car insurance company should also have a license to sell insurance by the state where it operates. This information is usually available at the Department of Insurance online site.

Another useful resource to determine a company’s reputation is the Better Business Bureau. The BBB is a non-profit organization that collects business reviews and provides the information online for customers to use as reference. Businesses are ranked A to F, with A being the highest rank. The website also provides other useful information, including when the company started operations, types and number of complaints they received for certain products and services, and whether or not these complaints were resolved.

Financial Standing

An insurance company should be able to pay for expenses related to your liability as covered by your policy. It should be able to provide you with financial support when and if you need it. Financial stability is a mark of a well-managed and reliable company. If you need information, AM Best and JD Power are some of the websites you can use as references.

Product Range

Top car insurance companies may offer rewards programs and discounts, particularly to drivers who have excellent driving records. Rewards may take the form of lower premiums, allowing car owners to save hundreds of dollars a year in payments. There are even discounts for drivers who install anti-theft and safety devices on their vehicles. There are also potential savings offered by multi-line coverage policies. Multi-line coverage refer to bundled insurance products that may be purchased at a lower price. For example, buying an auto insurance and a home insurance policy may save you money if you purchase both from the same company.


Different Types of Auto Insurance Coverage

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Liability insurance provides protection to the person who suffers from injury as a result of a car accident wherein the driver is at fault. It will also pay for property damage. When you purchase auto insurance liability coverage, it is usually available in split limits that come in varying figures. Each figure represents the financial limit the insurance will pay. If you buy a policy with a 25/50/10 limit, for example, the coverage will provide a maximum of $25,000 for bodily injury for an individual, a maximum of $50,000 for all individuals injured, and a maximum of $10,000 for property damage.

To determine how much liability coverage you need to purchase, consider two factors: 1) minimum coverage amount required by your state of residence, and 2) how much you are able to pay. Generally, it is a good idea to purchase liability insurance that is more than the minimum requirement of the state where you reside to ensure sufficient coverage.



Collision coverage pays for repairs to the policyholder’s car in case of an accident. If the car is completely damaged or if the cost of repair is higher than the insurance can cover, the policy will pay for the car’s value instead.

Comprehensive Coverage

Comprehensive coverage pays for loss or repairs that result from incidents not considered as covered accidents, such as damage from bad weather, loss due to theft or even damage that result from a car hitting a large animal. It is more expensive but will provide protection when needed.


Personal Injury Protection

PIP provides an extra layer of protection that will pay for medical bills of passengers who are injured in a car accident, regardless of who is at fault.

Uninsured and Underinsured Motorist Protection

Not all drivers carry insurance. If they do have insurance, they may carry one with a low coverage. This type of policy will help cover some of the expenses in case of damage or injury.

Achieving Success through Franchise Ownership

Achieving Success through Franchise Ownership

franchise ownershipBuying a franchise makes financial independence a reality for many people. However, the people who make this opportunity a rewarding financial reality are the people who know as much as they can about what they are getting into when they take advantage of top franchise opportunities.

Who Does What

Find out exactly what the franchiser will provide to the franchisee, i.e. you. The best way to do this is to carefully read the Franchise Disclosure Document (FDD). This document explains what a franchiser provides, and how a franchiser will or will not help if hardships arise. This document will also outline your responsibilities.

Never assume that you can’t suffer financial losses just because you have a franchiser. Never think of a franchiser as a built-in bank. You are expected to adhere to the company’s work ethic and by-laws, and to turn a profit without constantly being supervised or helped. Otherwise, a franchise would never go out of business or have to be sold to keep owners from losing everything. Hire a lawyer and a financial adviser to go over the FDD as well as your business plan. They can clarify points so you aren’t caught off-guard by what you must do, and what you need to do.

Recognizability and Need

When you find existing franchises for sale, it may seem like a sign that you need to be a business owner. This is especially true if you recognize the business name, and it’s one that you like. Let’s consider recognizable business names and what they mean to your purchase.

One business name most everyone knows is Blockbuster, which was immensely popular at one time. The key phrase is “at one time.” You may have enjoyed renting videos from them, but it’s been bought out by Dish Network and now almost exclusively participates in video streaming rentals. A lot of franchise owners struggled prior to the buyout, and there’s never a guarantee of a buyout. Some franchises remain open, but not as great successes. While the Blockbuster franchise provided a needed service at the time, the Internet and other rental options make home viewing akin to being at the movies. Therefore, it would not be a wise decision to purchase any type of video store. Technology has made the video store niche obsolete.

Not every business concedes to technology, though. A type of franchise that might pay off would be a record store. People love vinyl, and it has always remained a favorite among collectors, musicians, and serious music lovers. This is true despite technological advancements like home music downloads and Internet radio channels. Vinyl maintains a loyal, global fan base because it offers a sound that can’t be duplicated. Always consider the staying power of a franchise, and whether anyone besides you finds it impossible to live without that product or service.


Location covers several components. First, one must consider the competition in the immediate area. If you want to open a franchise that specializes in pizza, it is not a good idea to do so across from an established pizza parlor with a dedicated following, or even in an area with an overwhelming amount of restaurant selections.

Even if a franchise is offering impeccable provisions, it may not be successful if the location lacks appeal. It’s not uncommon for towns to have locations that have seen many businesses come and go. It may be because the parking lot is too small, or the intersection needs a traffic light, or it’s too far off the road to see. The structure and layout of a location prove vital to success.

Other issues are ease of transport and safety. Customers may not see a reason to drive to an out-of-the-way area if they can find the same product or service in an area that is easier to reach by car or public transport. It also helps to be in a busy area, as people find it pleasing visually and it may help to have other shops where they can take care of additional errands.

Furthermore, it’s wise to consider the safety of the area. Busy areas generally make most people feel safer. Find out what the crime statistics of the area are, and whether or not the parking lot seems “sketchy.” This will also impact your insurance costs as well as your security costs when it comes to alarms and more.

Keep these considerations in mind when looking at existing franchises for sale, no matter what the business is. Each one can help turn top franchise opportunities into moneymakers that last!

Cost Of Senior Care

Cost Of Senior Care

The fact that people are living longer than ever before means more people need senior care. However, senior care services, like those from, presents a problem for many because of two reasons: cost and personal ability.

The Cost Factor

Nursing homes and assisted living facilities cost a good deal of money. According to the 2014 Cost of Care Survey, the average national cost of a one-bedroom unit in an assisted living facility was $3,500. That means in 2014, residents in assisted living paid on average an astronomical $42,000 per year for their unit. This was higher than the average in 2013, and the cost shows no signs of lowering for the future. For nursing homes, the 2014 cost was even more outrageous. The average for nursing home care was closer to $80,000 per year, because they offer more hands-on medical care for infirm patients.

Both of these price tags equate to more than many families make per year. The most recent census reveals that over the next twenty years, almost 10,000 baby boomers are going to turn sixty-five each and every day. That’s a lot of people without the savings to pay for assisted living or nursing home care. It would be hard to pay that bill even with the help of additional family members. Furthermore, insurance is not always helpful when it comes to covering assisted living and nursing home bills.

The Ability Factor

There’s another issue to consider besides expense. Not every baby boomer necessarily needs to be in assisted living or in a nursing home. They may just need help keeping their meds in order, help with cooking and driving, or overnight care. Some of them may live alone while others live with spouses or children that could use an extra hand. These people are mostly independent, but do require some help.

There are also families that are struggling with their own ability to care for a loved one who should be in a facility of some sort, but they can’t afford it. They also can’t afford to stay home from their jobs to care for someone who wanders aimlessly, or could be unknowingly cause harm.

Home Care Cost and Care Comparison

Home assistance is the cheapest of all the alternatives, by thousands of dollars per year. Depending on where one lives in the country, the cost ranges from $10 to $36 per day. The increase in this care per year has been less than both assisted living and nursing home care, too. It is hard to dispute that in-home senior care is the best solution for people without extensive savings or cash flow, people who are still independent, and people who are struggling to earn their own salaries while caring for a loved one in need.

This service cares for a wide range of patients. They can deal with people who are alert as well as those who may be suffering from diminished mental capacity. While they do mostly deal with elderly people, they can also provide the perfect solution for someone who is bedridden or injured, no matter what age. All clients need to do is specify whether they need medical or non-medical care. It is also a good idea to discuss communication capabilities, specifying if sign language or certain other language requirements must be met.

Another excellent benefit to home care is keeping the client comfortable in familiar surroundings. It is also easier to monitor the help when it’s home based. This sort of service also allows for a stronger bond to develop between the caregiver and the patient. It creates a more personalized interaction, one that seems to benefit the health of all involved.