Online Insurance - Is online insurance right for you?

The Internet is a powerful tool for the savvy online consumer. You can review products, compare prices, research companies and purchase almost anything. Following this trend is the increased availability of insurance online. Insurance companies are providing coverage information, quotes and even contracts online. This includes automobile, homeowners, life, medical and even pet insurance. Insurance has traditionally been a high customer service field with direct in-person contact with your insurance agent. Because of the change in customer contact, the migration towards providing insurance online has not always been a smooth one. Instead, companies are finding some tools work and others only cause frustration or confusion. Indeed, the availability of insurance online is still fluctuating and developing. Below we have compiled a few of the ways you can utilize online insurance options and determine if it is the right tool for you.

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Pet Insurance - Is it worth the cost?

There are 72.9 million homes that have pets in America. Besides companionship, these animals are often noted for benefiting human health from lowering their owner's blood pressure to easing depression. It is estimated that Americans spent $53 billion on their pets in 2012. Of this $14 billion went towards vet care alone. In a survey of pet trends by the American Pet Products Association, there was a noted increase in dog related industries and many companies that offered human health products have switched or added lucrative pet health products as well. However, the pet insurance industry was still estimated under a million by 2008 with about 800,000 clients - this hardly covers the majority of pets out there. In part many people question the need for pet insurance. Regardless, analysts expect the pet insurance industry to grow because of the increasing cost of medical care and the new treatments available.

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Vehicle Aftermarket Additions and Your Car Insurance

For car enthusiasts, some of the joy of car ownership involves the personalization of the vehicle with several types of aftermarket products. This can be as extreme as lowering the vehicle or adjusting the engine to basic muffler changes or new detailing. Any change to your vehicle can be regulated by the laws in your state and aftermarket parts must meet federal regulations as well. Warranties are often the first battle ground if your altered vehicle ends up in the shop. If your insurance carrier is made aware of aftermarket adjustments to your vehicle, this can impact your premiums. There are some simple aspects to be aware of before altering your car or truck.

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