RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

The Reason You May Be Overpaying for Car Insurance

August 26, 2016 2:45 am


Every insurance provider collects information from policyholders. Car insurance companies, for instance, require insureds to provide their annual mileages—a factor that may be causing you to overpay, according to recent report from insuranceQuotes.com.

“Most consumers aren’t aware of the relationship between mileage and auto premiums,” said Laura Adams, senior insurance analyst for insuranceQuotes, in a release about the report, which reveals policyholders who drive 15,000 miles per year pay nearly 9 percent more for insurance than policyholders who drive 5,000 miles over the same period.

Premium increases due to mileage vary by state, according to the report. The highest increases between 5,000 and 15,000 miles are seen in:

• California (26.2 percent)
• Alaska (10.5 percent)
• Washington, D.C. (10.2 percent)
• Alabama (9.8 percent)
• Massachusetts (9.8 percent)

The lowest increases between 5,000 and 15,000 miles are seen in:

• North Carolina (0 percent)
• Utah (1.0 percent)
• Rhode Island (1.3 percent)
• Texas (2.8 percent)
• Connecticut (2.8 percent)

“If your daily commute decreases, be sure to notify your insurer quickly so you don’t overpay for coverage,” Adams added. “Drivers in the most expensive mileage states have the most to gain from reducing mileage—but if you can’t, be proactive and seek potential discounts at least once a year.”

Source: insuranceQuotes.com
 

Published with permission from RISMedia.


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Is It Time for a New A/C?

August 26, 2016 2:45 am


Summer’s nearing its end—did your air conditioning system deliver?

If not, it may be time to replace the unit. According to Howard Schwartz of the Connecticut Better Business Bureau (BBB), the average lifespan of a central air conditioning system is between 15 and 20 years. One sure sign it’s time to pull the plug? If repair bills have been adding up, Schwartz says.

New air conditioning systems reduce carbon emissions, require 30 to 50 percent less energy to operate, and run quieter than older units. Schwartz and the BBB advise the following tips when shopping for a replacement system:

Don't go for the lowest price. A low price doesn’t always equal the best value. A higher efficiency system might cost an extra $800 up-front, but could save you $300 per year in energy costs. Seek out manufacturer rebates, if available.

Consider a maintenance contract. A maintenance contract can come in handy when a system needs repairs, especially at inconvenient times, like during a heat wave.

Install a programmable thermostat. A programmable thermostat can help you save even more money by controlling the temperature even when you aren’t home.

To find a qualified HVAC contractor near you, visit BBB.org and consult your region’s Accredited Business Directory, Schwartz concludes.
 

Published with permission from RISMedia.


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