Car Insurance Terms Explained

No Comments »

Let’s face it, insurance is a dirty word and one that strikes fear and trepidation into the hearts of many young drivers and their parents purely and simply because of two main facts:

1.You HAVE to have insurance to drive. Without it you are committing a crime and if caught (and remember the police can access to most information about most cars and whether they are taxed or not with just a quick check) you’ll not only face a fine of around £200, but will lose that hard earned licence.

2.Insurance is EXPENSIVE. Especially if you are male. Females statistically have a safer driving record, so for now the insurance is cheaper. However, in December 2012, after rulings on sex discrimination from the European Courts insurance companies won’t be able to charge different rates based on gender. So insurance for the girls will definitely go up – but the question is, will it come down for the boys?

If you are learning to drive thinking about how to find the best insurance is probably the last thing you want to think about. But you should – if only to start saving up! It should also influence the type of car you are dreaming about owning.

For specifics on green slips visit that page

For a first time driver understanding the terms insurance companies use can be confusing. This is a useful glossary of insurance terms that will help you think about the insurance that you will need for your first car.

Insurance Group

Insurance groups range from 1 – 50. The lower the group, the lower the insurance. The higher the group, the most your insurance will cost. There is a good online guide at Parkers which will show you what cars are in what group, and where you can check the group of the car that you have set your eye on.

Insurance Premium

This is the amount you will pay for your insurance. You can normally pay the insurance either as one lump sum per year, or in monthly instalments. Although paying monthly may be more affordable for your budget, it will cost you more over the year.

Comprehensive Insurance

Although you should read the small writing of the terms of your insurance very thoroughly, in general Comprehensive Insurance covers both the car you are driving and any vehicle, property or person who you damage. Comprehensive insurance is usually more expensive, although some insurance companies only offer this option. If you are hit by an uninsured driver then your insurance will cover the repairs to your vehicle.

Third Party, Fire and Theft

Third Party is the basic insurance – the car you are driving is not covered, but anything you hit is. Fire and theft is often included, which means you are covered if your car catches fire or is stolen. You must have third party insurance as the very minimum.

Claim

If you have or cause an accident and your insurance company is involved in paying for the damage to be repaired, or in any legal action, then you will have made a Claim. Sometimes if you have caused only minor damage to your car, or to someone else’s car. If someone, for example, bumps into your car and a light is broken, they will probably offer to pay for the damage to be repaired without going through an insurance company to avoid making a claim which will affect their No Claims Bonus. If the damage is more extensive this cannot be avoided.

No Claims Bonus (NCB)

As a new driver you will not have any no claims bonus. You get this for each year that you drive without having to make a claim on your insurance. You should aim to make no claims at all, and hence build up your bonus to the maximum amount. This can be something like 70% off your premium after 7 years of claim free driving so building up your bonus will be worth a lot of money. If you make a claim you will lose all, or some of your NCB depending on how many years you have built up.

Protected NCB

When you have built up a lot of no claims bonus you can pay a little extra each year which will mean you can make one or two claims (depending on the insurance company) without affecting your no claims bonus. Although the NCB won’t be affected, you will find your insurance goes up the following year as a result of you having had an accident. So it’s worth looking into exactly how much this extra protection will cost to decide if it’s worth having. In your early years of driving it’s probably not worth it.

Named Driver

If the insurance is in your name you will be the Named Driver. No one else will be able to drive your car unless you add them as named drivers, and declare their driving history, and their ages and driving experience. Having older people, such as your parents as named drivers on your policy can reduce your insurance premium.

You could be a named driver on your parent’s car if they drive a car that’s in a low insurance group, however you should check very carefully to make sure that their insurance will allow you to build up no claims bonus in your own right.
It is illegal for your parents insure the car that you are the main or only driver of in order to lower the insurance premium. In this case you may find that in the case of you having to make a claim the insurance company will not pay out, and you might be sued for many thousands of pounds, as well as possible facing penalty points for effectively driving without insurance.

Some insurance policies, mainly for older and more experienced drivers, allow them to drive your car under their own insurance without having to be named on your policy. It is your responsibility for making sure anyone who you let drive your car is properly insured to drive it, so make sure that they have checked their insurance documentation, and ask to see a copy if you, or they, are in any doubt as to whether they are insured.

Smartbox, Coverbox etc.

Most accidents happen to new drivers in the age range 17 to 24, hence the high insurance premiums. Some insurance companies have come up with an idea to help new drivers be safe on the road, as well as giving them lower insurance premiums. The insurance company will pay for a box to be installed in your car out of sight. The box usually has various features which may include a GPS and gyroscope, and will measure things such as how well you keep to speed limits, how smoothly you accelerate, brake and take corners, and what time of day you drive (between 11pm and 6am are considered the most dangerous). There usually is an online dashboard to show how well you are driving, and sometimes a reduction in premium if you drive well!

The last thing a teenager wants to do once they’ve passed their test and have shown their instructor the door of the car is to be constantly monitored on how well they are driving. But parents will appreciate that anything that makes a new driver more careful on the road is well worth having. And really, unless you are going mad and behaving dangerously on the roads, the smart box won’t have to affect your driving at all!

Pass Plus

Another way of reducing your insurance premium is to take Pass Plus – a lot of companies will not only offer you a reduction now, but in every following year when you renew your insurance.

Do I need to carry my insurance documents with me all the time?

Although it may be convenient to keep your documents in your car, if your car is stolen, so are your insurance details. It is useful to keep a note of your insurance company and policy number in your glovebox.

If the police ask you for your insurance and licence and you do not have them with you, you will be asked to produce these at a police station within seven days. Be sure you do – if you don’t produce them on time the police may proceed to prosecute you.

So what do you do if you have accident?

Accidents happen – in bad weather you might hit a patch of ice; a car may come out of a turning without looking. You may swerve to avoid a dog or cat. However good a driver you are it is possible that an accident will happen to you. Never drive without insurance, as you can never know when you’re going to need to claim, or be claimed against!

Your insurance company will give you advice as to what to do if you have an accident – make sure you read and understand this part of your policy, although you will hope this doesn’t happen. Most insurance companies tell you NOT to admit that you were at fault.

If you have an accident which involves another person you will need to exchange insurance details with them. If you don’t (or the other person doesn’t) have these with you you should exchange names, addresses and telephone numbers. Make sure you write down the number plate of any other cars involved – especially if the accident wasn’t your fault – and also get the names, addresses, registration plate details and telephone numbers of any witnesses.

Posted on January 8th 2020 in Uncategorized

News briefs:August 02, 2010

">
News briefs:August 02, 2010
No Comments »
Wikinews Audio Briefs Credits
Produced By
Turtlestack
Recorded By
Turtlestack
Written By
Turtlestack
Listen To This Brief

Problems? See our media guide.

[edit]

Posted on December 27th 2019 in Uncategorized

Paintings worth millions of Swiss francs stolen in Zürich

">
Paintings worth millions of Swiss francs stolen in Zürich
No Comments »

Monday, February 11, 2008

On Sunday evening, around 16:30 local time, three armed men wearing ski masks stole four paintings: Claude Monet‘s “Poppy field at Vetheuil,” Edgar Degas‘ “Ludovic Lepic and his Daughter,” Vincent van Gogh‘s “Blooming Chestnut Branches” and Paul Cezanne‘s “Boy in the Red Waistcoat” from Foundation E.G. Bührle museum in Zürich, Switzerland.

The three armed robbers entered the museum half an hour before closing. One man with a pistol forced employees to the ground while the other two men stole the paintings. The whole ordeal lasted only 3 minutes. The men then proceeded to a van and left.

The four paintings are worth a total of 163 million US dollars. It’s said that it would be hard to sell the stolen paintings on the open market due to the popularity of the paintings. There is a reward of 90 thousand US dollars for the artwork.

The robbers, who were still at large, stole the paintings Sunday from the E.G. Bührle Collection, one of Europe’s finest private museums for Impressionist and Post-Impressionist art, police said.

It was the largest art robbery in Swiss history and one of the biggest ever in Europe, said Marco Cortesi, spokesman for the Zürich police. He compared it to the theft in 2004 of Edvard Munch‘s The Scream and Madonna from the Munch Museum in Norway.

Last week, Swiss police reported that two Pablo Picasso paintings were stolen from a Swiss exhibition near Zurich.

Posted on December 25th 2019 in Uncategorized

Rescue efforts underway after China earthquake

">
Rescue efforts underway after China earthquake
No Comments »

Thursday, April 15, 2010

Humanitarian aid groups and Chinese military forces are beginning rescue operations in western China after a heavy 7.1 magnitude earthquake struck the region on Wednesday, that reportedly killed over 600 people and injured almost ten thousand.

The quake, which was centered around the remote town of Yushu, was largely destroyed by the heavy temblor, which occurred early in the morning as residents were waking up. The official death toll stands at 617, while 9,980 more were injured and an additional 313 reported as missing. The Chinese ministry of civil affairs reports that 15,000 houses had collapsed and 100,000 people – almost the entire population in the area – remain without homes.

The plateau where the earthquake hit is frequently visited by tremors; however, there are rarely many casualties due to its remoteness and small population. However, in May 2008 a heavy 8.0 magnitude earthquake struck near Sichuan foothills, killing 80,000 people.

Rescue efforts are underway, but impeded due to the area’s remoteness and landslides, which have blocked many roads in the area. Also a factor is the high altitude at which the area is located – about 4,000 metres above sea level (13,000 feet) – which could adversely affect rescue crews not used to being in such thin air. Sniffer dogs, for instance, who aren’t accustomed to working at high sea levels, could have a harder time detecting living people buried beneath rubble.

Power and telephone lines were also downed by the temblor, affecting communication, although the authorities commented that electricity and phone links have been repaired to tens of towns.

China’s state media reports that troops garrisoned in the Yushu county, with help from locals, have already rescued over a thousand people buried beneath debris.

Residents and troops garrisoned in the Yushu county have managed to pull out more than 1,000 people alive, according to Chinese state media. They are using shovels and bare hands.

Further exacerbating the situation is the weather: temperatures are freezing, and meteorologists predict sleet and wind to come within the next few days. Many people were forced to sleep outdoors, protecting themselves from the cold in blankets, or spending the night in vehicles.

Pierre Deve for the non-governmental organisation Snowland Service Group, was present in Yushu. He described the damage to Times Online, saying: “There are corpses everywhere on the street. They don’t have time to deal with them. There is a real need for medicine, for food, for water and for doctors. People are terrified that there will be another earthquake. They are also afraid that a dam that has been cracked will burst and flood the town.”

A local doctor, Karma Sherab, also commented on the problems the area is facing: “Most of the hospitals have collapsed and others had become dangerous. The only thing we can do is to clean the wounds in a simple way or simply amputate instead of curing.”

Chinese president Hu Jintao, meanwhile, said that he would be dispatching over 5,000 rescuers and soldiers to the scene of the disaster; the government has pledged over US$29 million worth of aid. Hu described the quake as being a “huge calamity”. He is also shortening his visit to a summit in Brazil to return to his country. “That is why I decided to bring forward my return to China,” he said from Brasilia.

Premier Wen Jiabao has visited Yushu to oversee relief work; he decided to delay a visit to southeastern Asia due to the disaster. “As long as there is the slightest hope, we will make efforts that are 100-fold. Your disaster is our disaster, your suffering is our suffering.”

The head of China’s disaster relief department, Zou Ming, says that 120,000 articles of clothing, 120,000 quilts, food, and close to 40,000 tents were to be sent to the disaster zone; he encouraged people to donate money to assist in longer-term relief work.

Meanwhile, some foreign countries have offered financial help; among them is Japan, which has pledged over one million dollars to disaster victims. The United States also said it is “ready to assist” if China requests international aid.

Posted on December 1st 2019 in Uncategorized

Canada’s Etobicoke Centre (Ward 3) city council candidates speak

">
Canada’s Etobicoke Centre (Ward 3) city council candidates speak
No Comments »
This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Monday, October 30, 2006

On November 13, Torontoians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Etobicoke Centre (Ward 3). One candidate responded to Wikinews’ requests for an interview. This ward’s candidates include Doug Holyday (incumbent), Peter Kudryk, Lillian Lança, and Ross Vaughan.

For more information on the election, read Toronto municipal election, 2006.

Posted on November 15th 2019 in Uncategorized

Google launches Google Spreadsheets

">
Google launches Google Spreadsheets
No Comments »

Tuesday, June 6, 2006

Google has launched an online spreadsheet site, in a private beta.

The site will allow spreadsheets to be shared between up to 10 users, which is aimed to be useful to teams and small businesses. “Many people already organise information into spreadsheets. Where they are struggling is to share it” said the product manager, Jonathan Rochelle.

Google recently bought the online word-processor Writely, launched a calendar product, as well as a desktop search tool. Many see this as them straying into Microsoft‘s markets.

Google Spreadsheets uses very advanced AJAX (Asynchronous Javascript And Xml) and Client Side Scripting to mimic very effectively it’s desktop counterparts’ functions.

It is surprisingly fast, has very good formatting and advanced formula support, but best of all it has complete support for Microsoft Excel .xls files, and very good collaboration: just enter the e-mail address and you can share easily.

Posted on November 15th 2019 in Uncategorized

Colleges offering admission to displaced New Orleans graduate students

">
Colleges offering admission to displaced New Orleans graduate students
No Comments »
See the discussion page for instructions on adding schools to this list.Tuesday, September 13, 2005

NAICU has created a list of colleges and universities accepting and/or offering assistance to displace faculty members. [1]Wednesday, September 7, 2005

This list is taken from Colleges offering admission to displaced New Orleans students, and is intended to make searching easier for faculty, graduate, and professional students.

In addition to the list below, the Association of American Law Schools has compiled a list of law schools offering assistance to displaced students. [2] As conditions vary by college, interested parties should contact the Office of Admissions at the school in question for specific requirements and up-to-date details.

The Association of American Medical Colleges is coordinating alternatives for medical students and residents displaced by Hurricane Katrina. [3]

ResCross.net is acting as a central interactive hub for establishing research support in times of emergency. With so many scientists affected by Hurricane Katrina, ResCross is currently focused on providing information to identify sources of emergency support as quickly as possible. [4]

With so many scientists affected by Hurricane Katrina, ResCross is currently focused on providing information to identify sources of emergency support as quickly as possible.

Physics undergraduates, grad students, faculty and high school teachers can be matched up with housing and jobs at universities, schools and industry. [5] From the American Association of Physics Teachers, the Society of Physics Students, the American Institute of Physics and the American Physical Society.

If you are seeking or providing assistance, please use this site to find information on research support, available lab space/supplies, resources, guidelines and most importantly to communicate with fellow researchers.

The following is a partial list, sorted by location.

Alabama |Alaska |Arizona |Arkansas |California |Colorado |Connecticut |Delaware |District of Columbia |Florida |Georgia |Hawaii |Idaho |Illinois |Indiana |Iowa |Kansas |Kentucky |Louisiana |Maine |Maryland |Massachusetts |Michigan |Minnesota |Mississippi |Missouri |Montana |Nebraska |Nevada |New Hampshire |New Jersey |New Mexico |New York |North Carolina |North Dakota |Ohio |Oklahoma |Oregon |Pennsylvania |Rhode Island |South Carolina |South Dakota |Tennessee |Texas |Utah |Vermont |Virginia |Washington |West Virginia |Wisconsin |Wyoming |Canada

Posted on November 9th 2019 in Uncategorized

Bomb blasts near Greek Minister’s house

">
Bomb blasts near Greek Minister’s house
No Comments »

Tuesday, May 30, 2006

A bomb exploded near the house of the Greek Culture Minister,Georgios Voulgarakis, in Lycabettus Hill, Athens, wrecking a number of cars.

The device, which the police said consisted of 2-3 kg (4-7lb) of dynamite, had been placed on a bike left between two cars.

The explosion at 7:42am (GMT +2), close to the home of Minister Voulgarakis, is the second time the former Minister for Public Order has been the target of a bomb attack.

While the perpertrators are not yet known, Giorgos Voulgarakis, who had been receiving death threats, is unpopular with leftist parties over questions of immigration.

A trained dog of a Greek anti-terrorist unit had been sniffing around the area of the Minister’s home each morning. The September 2003 attack nearly burned down his house.

Two primary schools and a kindergarten nearby were slightly damaged but there were no reported injuries.

As bomb technicians searched the school grounds, frantic parents rushed to take their children home.

The leftist “Epanastatikos Laekos Agonas”(Revolutionary popular rally), is the group which some Greek media have accused for today’s bomb attack. No official claim of responsibility has yet been made and the police investigation continues.

All the Greek parties, including the major opposition party, PASOK; the Communist Party (KKE), Synaspismos and LAOS parties, have strongly condemned the terrorist attack.

Posted on November 5th 2019 in Uncategorized

Queues form outside struggling UK bank; calm urged

">
Queues form outside struggling UK bank; calm urged
No Comments »

Saturday, September 15, 2007

Nervous savers have re-formed queues this morning outside many branches of Northern Rock, after the £2.68 billion bank took an emergency loan from the Bank of England, the UK central bank.

Shares in the bank had dropped 25% by lunchtime yesterday in London – and stood nearly 60% lower from their high of February – after the Bank of England acted in its capacity as “lender of last resort” to provide Northern Rock with short-term financing to enable it to continue operations.

The Bank of England hasn’t acted as lender of last resort since 1973, when the collapse of Cedar Holdings – a pioneer of second mortgages to UK home-owners – threatened a crisis in the country’s banking industry.

Northern Rock has been hit hard since June this year by the turmoil in world credit markets. Although only 0.24% of its assets are exposed to subprime US housing debt, the bank’s business model saw it grow its loan book by 43% in the first six months of this year. Rather than lending money deposited with it by savers, Northern has borrowed aggressively in the short-term capital markets.

“Northern Rock is not a reckless lender,” said Angela Knight, head of the British Bankers Association on national radio this morning. Urging the bank’s savers not to withdraw their money in panic, “the mortgage lending it does well and it does in a high quality, high calibre way,” she added.

But savers queuing to withdraw their money from Northern Rock today said they were “horrified” by the Bank of England needing to step in.

“I am going to take out the lot, every penny,” said one Northern Rock saver to Bloomberg as he queued outside the bank’s West End branch in London.

Posted on October 30th 2019 in Uncategorized

Moon water possibly originated from comets, data shows

">
Moon water possibly originated from comets, data shows
No Comments »

Tuesday, January 11, 2011

Data from recent detailed analyses of samples collected on NASA Apollo moon missions, released Sunday, show that Lunar water may originate from comets that collided with the moon early in its geologic history.

A team of astrophysicists led by James Greenwood of Wesleyan University in Connecticut analyzed samples collected on the Apollo 11, 12, 14, and 17 missions and found that the chemical properties of traces of lunar water in these samples differ from water typical of Earth.

“The values of deuterium/hydrogen (D/H) that we measure in apatite in the Apollo rock samples”, Greenwood told Space.com, “is clearly distinguishable from water from the Earth, mitigating against this being some sort of contamination on Earth.” Greenwood and his team of researchers studied in particular the variations of hydrogen in the mineral apatite.

The newfound data show that the chemical properties of water in the apatite samples resemble data from the comets Hale-Bopp, Halley, and Hyakutake, suggesting that the water present on the moon could have originated from these comets or others.

According to Greenwood, the results of this study could also provide evidence as to the origin of water on Earth.

Posted on October 30th 2019 in Uncategorized