Category Archives: Insurance

Advantages – Pay As You Drive Insurance

Advantages - Pay As You Drive Insurance

The premiums you pay on your auto insurance are usually based on your age, gender, and where you live. Pay as you drive insurance however is different. It’s based on the number of miles you drive. Drive fewer miles, pay lower premiums.

The obvious advantage of pay as you drive, then, is cost. Since pay as you drive premiums are computed on the basis of how many miles the vehicle is driven, it is extremely easy to reduce the monthly insurance bill. Simply reduce the number of miles driven. Not only does this save money on the insurance bill, it also means less on gas and maintenance and repair. The fewer miles driven, the longer the vehicle lasts. It may be possible to keep the vehicle long after that last car payment is made and in our tough economy, who can’t find things to do with the money that otherwise would be spent on a car payment?

The less obvious advantage of pay as you drive coverage is that you can tailor your program to your specific driving needs. Premiums under these plans are either computed on the basis of miles driven, or on the basis of hours driven. You can choose a pay as you drive policy that focuses on total miles, or total hours in a specific time period, such as six months. Pay as you drive coverage offers you the flexibility and freedom you need to choose exactly the coverage you need, and to get it at a lower cost as you economize.

Pay as you drive insurance offers an incentive to drive fewer miles, and the less you drive, the less likely you are to get into an accident. Low mileage drivers tend to be more cautious and focused behind the wheel as well.

Pay as you drive plans require mileage monitoring, but there are multiple options. It is possible to have odometer readings, just as one would at the annual safety inspection. It is also possible to have a GPS-based monitor installed in the vehicle, which allows for data uploading. And since only periodic mileage readings as needed to compute the cost of Pay as you drive coverage, the cost of monitoring will most likely be offset by the money saved in insurance premiums.

The Brookings Institution reported that two in three US households would save with pay as you drive, an average of $270 a year. In the current economic downturn, that is terrific news.

Not only does pay as you drive insurance save you money, it also helps protect the environment. Fewer vehicles on the roads mean a reduction in auto emissions. Reduced traffic also means less congestion and traffic jams, which means less time wasted in the car.

There are plenty of advantages for pay as you drive insurance. Contact a qualified insurance provider for more detailed information on an insurance plan that best suits your driving needs.

Is it Safe to Buy Auto Insurance Online?

Is it Safe to Buy Auto Insurance Online?

Most people would agree the Internet has changed the way we live our lives. We can purchase clothing, pay our bills and watch movies, all while sitting at our computers. We can even compare and purchase auto insurance online, without ever meeting an agent. But is it safe? Here are three ways to make sure your online auto insurance transaction is safe and sensible.

Online Insurance Tip #1: Do Your Research!

It’s one thing to get a great auto insurance quote; it’s another to find an insurance company that’s reputable. If you’re using an online insurance comparison site, narrow down your search to three companies that offer you reasonable rates.

With those auto insurance quotes in hand, it’s time to do some research. Use information from independent sites offering consumer experience ratings to compare your short list of possible insurers. How do the companies rate with consumers on issues like customer service and premium increases?

If you see a red flag, such as a low customer service rating, remove that company from your list of possibilities. It’s not worth paying low premiums to deal with a company that’s not focused on policyholders.

One more important consideration: are you comfortable working with your insurance company over the Internet, or do you prefer to work through the website of a company that also has local offices? Just a thought…and something worth pursuing if it’s important to you.

Online Insurance Tip #2: All Coverage Isn’t Equal!

Once you’ve narrowed down your search to one or two insurance companies, it’s time to look over the coverage offered with a magnifying glass. This might seem excessive, but the time to find out specific situations aren’t covered isn’t when you’re in the middle of one!

Again, using an online insurance comparison tool makes this step easy. Write down any questions you have. Here are some sample questions your comparison should answer:

Are the deductibles for all the policies the same?

What are the liability limits per person and per accident?

Is glass replacement covered under the same deductible?

How often are premiums reviewed?

How often will I be required to pay premiums?

Once you’re satisfied you’ve found a company that offers great coverage at a reasonable price, it’s time to take one more step.

Online Insurance Tip #3: Ask Questions!

Making assumptions about auto insurance coverage can be costly. If anything at all is confusing or unclear, call the customer service number for each company and ask them to clarify. This is also a great time to rate their customer service for yourself!

Auto insurance rates and policies are simple to compare online. Likewise, great insurance coverage can be obtained without ever leaving your computer. Do your homework, understand your coverage and be sure to ask questions. In that way, you can safely join the ranks of satisfied online auto insurance shoppers.

Introduction to Chiropractic Billing Software

Introduction to Chiropractic Billing Software

Have you considered chiropractic billing software for your new practice but don’t really know a lot about it? Here’s a brief description of some of the key functions chiropractic billing software provides:

Appointment Scheduling- “No shows” for appointments can often result in lost revenue because many patients who don’t show up for their appointments don’t reschedule them. An appointment scheduling system can reduce the number of no shows and can more efficiently and effectively handle maintaining and updating patient schedules.

Care Plan Tracking- A care plan tracking system helps you provide better plan and follow up on the appropriate treatment for a patient. As your practice matures, you can build your own care plans and use those plans, where appropriate, for each patient in your practice.

Documentation Management- Operating a chiropractic practice can be a paperwork intensive activity. A documentation management system can better manage paperwork and provide for electronic submittal and receipt of information instead of relying on less efficient manual tracking and processing of paper forms.

Audit Risk Management- Practice audits can become a costly problem depending on the results. A medical billing system can provide the controls that dramatically reduce the likelihood of an audit that could result in extensive penalties and other problems.

Practice Financial Reporting- Monthly accounting and management reports are critical for operating a profitable practice.

Electronic Prescription Transmission to Pharmacies- The ability to transmit prescriptions to pharmacies requires less of your staff’s time and attention, insures accuracy in fulfilling prescriptions, and provides a higher level of service to your patients.

Access Controls- These controls allow you to establish security to control which members of your staff can access individual functions of your billing system.

Automatic Off Site Backup of Your Data- This insures that in the event of a catastrophic practice event such as a fire in your office, all of your medical records are preserved.

Administrative Software- Administrative software provides such functions as word processing.

Month End Processing and Reconciliation of Financial Records

A Flexible Report Writer- A report writer permits you to query the information contained in your patient and practice database and produce reports to help you assess the profitability of your practice and determine what actions you can take to improve profitability.

Billing System- Such a system provides bills to patients and at the same time submits data to the patient’s health care provider so that the practice receives appropriate reimbursement from that provider.

Workflow Process Designer- A workflow process designer provides a way for you to set up workstations in your office and the related flow of your work customized to your unique needs.

To learn more about chiropractic medical billing software, you should consider:

  • Contacting your local chiropractic medical association;
  • Contact medical billing software vendors to learn about their systems; and,
  • Researching additional about medical billing software.

Medical billing software can help you quickly establish and maintain a profitable practice for many years to come. Investing time to learn about what medical billing software can do for your practice can provide many benefits to you.

Getting Discounts on Vehicle Insurance

Getting Discounts on Vehicle Insurance

Your car insurance policy can be one of the most significant purchases that you can make. car insurance can save you from having to pay thousands of dollars should you get sued for causing a car accident and for the resulting damages. However, this doesn’t mean you’ll have to spend a lot of money every year just to get quality coverage. Putting car discounts to your advantage will no doubt save you a lot! Here are some tips:

Good Driver Discounts

Taking good care of that driving record and avoiding any type of traffic ticket or automobile accidents within the previous three years will entitle you to get this type of discount.

Defensive Driving Programs

Knowing how to be a safer driver, by completing a state approved defensive driving classes, would also get you some appreciated discounts on your car insurance policy. Do remember that the amount of discount might vary per state.

Good Student Discounts

This type of discount is a state incentive for students who manages to do well academically . A general average of B or better is required in order to get this kind of car insurance discount.

Low-Mileage Discounts

Driving no more than 15,000 miles annually lessens your risk of getting involved in a automobile accident ; the fewer risks you have, the less expensive your premiums will be.

No-Claims Discounts

Almost all car insurance insurers offer this type of discount to anyone who have not filed any car insurance claims within the previous two or three years.

Extra Safety and Security Mechanisms

Putting additional airbags, anti-theft locks, automatic seatbelts, anti-lock breaks and any other type of aftermarket security and safety devices will also qualify you you to this type of discount.

Multi-Policy / Group Discount

Most of the prominent car insurance providers offer incentives for bringing all your insurance needs (house, life etc.) with them. Also check-out group discounts which you could be receiving from your employer , your club membership or any other organizations you are a part of.

Shop Online

The Web is has good numbers of specialized car insurance websites (portals) which allows you to compare the most up-to-date rates and offers today. You can also get rates from a wider selection providers, which means a better chance of getting the most affordable car insurance for you.