Articles by Donald Penske on ArticleSnatch.com

Your Credit Score and Auto Insurance in California

Mon, 05 Oct 2009 23:09:06 -0400

Itâ€™s not only when youâ€™re purchasing a home or car that your credit score factors into the decision creditors make about giving you credit and how much interest youâ€™ll pay, but credit scores have been used for prospective employment and also determines how much of a California auto insurance premium youâ€™ll pay. The higher your score, your insurance payment will be considerably less than if you had a low score. Most California auto insurance companies will run a credit check before giving you insurance for you vehicle. They evaluate your score by considering various pieces of information and then determine the rate to charge. Keeping your credit score high is vital to getting the best coverage at a low premium. A number of things can negatively affect your credit score. **End Summary** Topics: California Auto Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of California and he helps his clients get the best rate for California Auto Insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for auto insurance for his clients.

Top Ten Ways to Reduce California Home Insurance Premiums

Mon, 05 Oct 2009 23:08:47 -0400

Buying a home is an exciting adventure, but buying California home insurance can sometimes be a daunting task. Homeowners do have a certain amount of control when it comes to reducing their insurance premiums. Homeownerâ€™s insurance has increased significantly over the years, but there are a number of factors that determine your insurance costs. Here are ten ways that you can affect the cost of your homeownerâ€™s insurance in California: 1. Discounts. You may be eligible for a discount if you meet certain requirements. Carefully read over your policy or ask your insurance agent. Some insurance companies offer discounts if youâ€™re 55 and older or if you have taken security and safety measures to protect your home. Items such as fire alarms and extinguishers or a security alarm system can reduce the cost of your premiums. 2. Improve your credit. If you have a low credit score, it will affect your insurance rate. Take measures to bring your score up and youâ€™ll see a decrease in your insurance premium. 3. Combine insurance. If you use the same California Home insurance company for your auto and homeownerâ€™s insurance, then you may qualify for a discount of up to 15%. **End Summary** Topics: California Home Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of California and he helps his clients get the best rate for California Home insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for home insurance for his clients.

The Basics of Condo Insurance in Florida

Mon, 05 Oct 2009 23:08:28 -0400

If you own or have just purchased a condo, youâ€™ve made a substantial investment and want to protect that investment the best way you can. Itâ€™s common for many Florida homeowners to assume their (HOA) homeownerâ€™s association fees are going toward insurance as well as paying the multiple common charges a community has. But your associationâ€™s master insurance policy does not cover your personal property or protects you or your family from liability. Carefully review your associationâ€™s master policy and have your Florida Home insurance agent go through it as well, explaining anything that youâ€™re not sure of. Typically the associationâ€™s policy will cover the common areas such as the pool, clubhouse, and common walkways. If you live in a mid-rise or high-rise building, the policy also covers the roof, elevator and hallways, but if your condo is detached, a townhouse, or duplex, the policy may or may not cover your roof or siding. The association may also have insurance that covers sewage backups, water damage from leaks from faulty plumbing and water heaters. But generally the coverage is only for the bare walls and youâ€™re responsible for the interior fixtures and structure of your unit. **End Summary** Topics: Florida Home Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of Florida and he helps his clients get the best rate for Florida Home insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for home insurance for his clients.

Florida Home Owners Insurance Riders

Mon, 05 Oct 2009 23:08:08 -0400

Ask your Homeownerâ€™s insurance agent to go over the policy with you to make sure you understand it and determine if you have the right kind of coverage or not. You might just find out that you donâ€™t have enough coverage and may need to add optional coverage for hard to replace or valuable items. This is type of coverage is known as an insurance rider. An insurance rider is additional insurance coverage that a basic home ownerâ€™s policy doesnâ€™t include. Your current policy may exclude or have limited coverage on valuable items such as jewelry, antiques, silverware and office equipment. If youâ€™re like most people, the data on your computer or laptop is priceless. Back up regularly and put your back ups in a safe place. Look into personalized computer insurance. If you work from home, your employer may offer to pay for it. Adding an insurance rider will replace stolen or damaged items that a standard policy wonâ€™t. But not all items are considered the same, so individual policies may be necessary. **End Summary** Topics: Florida Home Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of Florida and he helps his clients get the best rate for Florida Home Insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for home insurance for his clients.

Florida Auto Insurance Laws: Gap insurance and emergency roadside service

Mon, 05 Oct 2009 23:07:50 -0400

Florida Auto insurance laws require that you must have Collision insurance. Most auto dealerships require it when purchasing a car. And most will agree that if you have a new car, you should have Collision coverage. Do you really need it? If youâ€™re unfamiliar with auto insurance riders and what they cover, donâ€™t worry, youâ€™re not the only one. Additional options can be added to your insurance policy and tailored to the type of insurance coverage that meets your needs. Gap Insurance is an optional form of auto insurance in Florida. This type of insurance coverage is typically purchased when you buy a new vehicle and are facing a long term loan. In most cases, a small or no down payment has been made. If your carâ€™s damaged in an accident in Florida and you have Collision coverage, your insurance will pay for the amount of money it will cost to repair your car, but if it canâ€™t be repaired or if your carâ€™s stolen, without gap insurance, your insurance company will only pay the cars actual worth. The minute you drive your car off the dealerâ€™s lot, it starts to depreciate. **End Summary** Topics: Florida Auto Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of Florida and he helps his clients get the best rate for Florida Auto Insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for auto insurance for his clients.

5 Ways to Reduce your California Auto Insurance Premium

Mon, 05 Oct 2009 23:07:20 -0400

In todayâ€™s tough economy, we are all trying to make ends meet. It makes perfect sense to save money any way you can. Saving on your auto insurance is a good place to start. Before buying Auto insurance in California for your car there are a number of things you can do to make sure youâ€™re getting the most for your dollar. Here are five simple ways to help reduce your California auto insurance premium: 1. Shop around and compare. It sounds simple, but many people stick with the same insurance company for years without checking to see if another California car insurance company may be less expensive or offers better service. Compare online quotes and various discounts before signing on the dotted line. This is the number one way to cut costs. And if it turns out that the company youâ€™ve been with offers a good rate, then you may be able to get an even lower rate, just by being a loyal customer and asking some important questions. Keep them updated on any changes in your life such as moving or getting married, this may reduce your premium in some cases. 2. Take advantage of auto discounts. **End Summary** Topics: California Auto Insurance]]>]]> About the Author: ]]> Donald Penske is an insurance agent in the state of California and he helps his clients get the best rate for California Auto Insurance . He uses RateElert.com, a site that allows him to combine the power of the internet to match the best rate for auto insurance for his clients.