Michael Oskouian

Protect Your Classic Car

Depending on the type of car you own and your driving history (tickets and accidents), you are likely insured in the standard or preferred auto market. Both markets cover typical vehicles and operators. This allows insurance companies to use a comfortable set of assumptions about expected losses and repair expenses for developing insurance premiums. However, ownership of a classic or antique auto puts you in a special coverage situation. Read more

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Employee or Independent Contractor?

Business owners have a lot at stake when it comes to determining whether persons connected with their ventures are employees or independent contractors. The largest issue with making this determination involves taxes and insurance.

A business has specific responsibilities for employees, having the legal obligations to withhold and pay certain taxes (Medicare, Social Security) and pay other taxes (unemployment). If a business makes a mistake with classifying employees, it faces the financial burden of paying additional taxes and could well be punished with substantial fines. However, there are issues that are just as critical regarding determining a service provider’s status and insurance. Read more

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Tips for Avoiding Deer On The Road Collisions

Tips for Avoiding Deer On The Road

Motorist Safety Tips to Avoid Deer Crashes

The Insurance Institute for Highway Safety continues to report that drivers frequently hit deer.

Many miles of road go through areas that contain or attract deer, such as fields and forested areas and deer make no distinction about roadways. Though deer enter roadways at any time, dawn and dusk are the most likely periods. The result is usually either a “heart-stopping” near-miss or a vehicle and animal-rending crash…often fatal to the deer and serious to the auto and its driver.

There are a number of steps drivers can take to either avoid or minimize the harm associated with deer collisions: Read more

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A Look at SUVs – Rulers of the roadway.

A Look at SUVsSports Utility Vehicles (SUVs) continue among the rulers of the roadways. Their popularity is still high for the following reasons:

  • they have a very comfortable ride
  • they’re heavy and sturdy, making them more resistant to collision damage
  • they’re capable of handling certain types of inclement weather better than smaller vehicles
  • they’re more stylish than pickup trucks and large vans, making them more attractive to a wider variety of drivers.
  • They are more efficient in gas use and even come in hybrid models

Read more

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Business Insurance Costs – Consider alternatives.

Businesses price their products to cover the costs of production as well as their labor, sales marketing and other major expenses. Prices also reflect some post-sales costs such as handling repairs or replacements under warranty. At one time many industries used a pricing strategy for their products that failed to reflect their true costs. A once-popular assumption was that lower prices would promote increased sales and the higher sales volume would make up the cost difference. The strategy wasn’t successful. It hasn’t worked for the auto industry, the computer industry or the insurance industry. Read more

Michael Oskouian

Take Accident Photos

Technology continues to affect our daily lives and that is also the case with a nasty element, car crashes.Take Accident Photos

Crashes often means lots of time spent on paperwork and having to provide a lot of information on exactly what happened. With the presence of smart phones and their camera feature, accident participants can now provide far more substantive information to their insurers (as well as police, lawyers, etc.)

First, a reminder to be sensible with your priorities. After an accident, the biggest issue is everyone’s safety including doing everything one can to assist with injured persons as well as getting everyone away from further harm. Remember, people first, and then worry about getting accident information. Read more

Michael Oskouian

Controlling Car Insurance

You may be frustrated with not being able to control your car insurance premiums. Well some of the factors that cause increases are:

  • Your insurance company’s overall loss experience (due to more claims)
  • The increased value of newer model cars, particularly SUVs and models with smart car features
  • Increases in judgment amounts awarded in auto lawsuits
  • Increased business processing and administrative expenses
  • Auto loans lasting longer, meaning increased auto repair costs for older cars

Read more

Michael Oskouian

Sometimes Less Is Less

Car ownership is a large part of the family budget for most households and a major expense is insurance. Therefore, many insurance company ads focus on price and new customers are acquired by companies who offer protection at a lower price.

In order to save money, some car owners have been attracted to purchasing minimum coverage. Several insurance companies have gained customers by specializing in auto policies that contain just enough coverage to meet a given state’s financial responsibility laws. Read more

Michael Oskouian

Auto Policy Exclusions

Even if you have auto insurance, there are still instances, called exclusions, when your policy won’t provide coverage. Why should exclusions exist in an insurance contract? There are several different reasons.

Exclusions are used to do the following:

  • help contain the expense of providing insurance;
  • prevent coverage under one type of policy that should be covered; and
  • prohibit coverage for losses that are against public policy.

Let’s look at these reasons more closely. Read more