“Having a brand new car totaled can be really frustrating. Car owners are advised to purchase new car replacement insurance. It will give them financial security and peace of mind”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 31, 2020

A new car is usually really valuable. It’s value decreases over time, but in the first month after purchase, it still holds a significant portion of the original value. Damaging a car in the first days after the purchase is really an unpleasant event and will leave the owner financially exposed. Luckily, car owners can purchase new car replacement insurance. Find out more and get free car insurance quotes from http://compare-autoinsurance.org.

• 
  New car replacement is a special coverage option. It is offered by some carriers and supplements the existing coverage. This policy will pay the full value of a new car of the same model, minus the deductible value.
• Custom equipment is not included. If the totaled car also had some custom equipment or aftermarket parts, they will not be covered by this policy. Aftermarket parts and custom equipment are covered by different policies and must be declared before the accident.
• There are certain requirements for buying this coverage. The insurance companies that offer this policy will require the policyholders to purchase collision and comprehensive coverage. There may be additional terms and exclusions related to this coverage. Carefully check the contract before agreeing.
• It applies only to new models. Insurance companies provide this policy only to vehicles that are 2 years old or newer. Furthermore, some companies impose maximum mileage. For example, companies will not insure a vehicle that has more than 24.000 miles on board, even if he is 2 years or newer.
• Different plan variations. Some companies offer something called “better car replacement”, which will provide a newer car model for the policyholder. Other companies will transform the policy into GAP insurance when the vehicle becomes 2 years older.

For additional info, money-saving tips and free car insurance quotes, visit http://compare-autoinsurance.org.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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“Teen drivers can learn how to drive safely in a stress-free way from qualified instructors”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 31, 2020

The first couple of years of driving for a teenager are statistically the most dangerous of all. Teen drivers can lower their car crash risk by enrolling in a defensive driving course,

Teen drivers that graduate a defensive driving course can get the following benefits:

• Learning the fundamentals of driving. Teen drives will learn the traffic rules in a systemic way.
• Builds confidence. The first time behind the wheels can be a scary or stressful experience for a teen driver. Teen drivers can practice in a safe environment, where they can build confidence in their abilities and skills as they learn how to drive with the help of an experienced driver.
• Shows them the risks. Teen drivers need to be aware that driving is dangerous. Being too nervous is dangerous, but if a teen driver is not nervous at all, it means he is not aware of how risky driving can be. Teens will learn how dangerous driving can be and what risks are involved. They will also learn how to avoid those risks.
• Learning the consequences. In this course, teens will learn about the effects of driving under influence (DUI). Teen drivers will also learn they will have to take responsibility for their safety and the safety of others.
• Practice time. Teenagers will practice their driving skills in a safe, supervised environment. Teen drivers can learn driving techniques from qualified instructors and can develop their skills.
• Learn the state’s laws. Traffic laws differ from one state to another. Depending on which state the teen driver is taking the course, he will be presented with the laws of that state.
• Cheaper insurance premiums. Insurance companies place the teen drivers in the high-risk category, thus they have to pay more for their insurance. One way for teen drivers to lower their car insurance rates is by graduating a defensive driving course.

For additional info, money-saving tips and free car insurance quotes, visit http://compare-autoinsurance.org.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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What to do at the scene of a car accident if the police do not come

“I decided to create this checklist to reduce the anxiety and panic drivers may feel in the event a police officer doesn’t respond to the scene of their accident.” – Barry Crupi, owner of Barry’s Auto Body

STATEN ISLAND, N.Y. (PRWEB)
January 31, 2020

Across America, some metropolitan area police departments have stopped responding to car accidents if (1) No person or domestic animal is hurt. (2) The vehicles can move. (3) The owner of the vehicle is present at the scene. The practice is being put in place to free up police officer’s time.

Understanding that drivers don’t always know what to do when they have a car accident, Barry’s Auto Body, Staten Island collision repair shop, is providing drivers with a checklist of actions which should be taken to protect themselves and ensure that their insurance company will honor whatever claim may arise from the accident.

Said Barry Crupi, owner of Barry’s Auto Body, “Because I run a Staten Island collision repair shop, I deal with insurance companies everyday. Even though I know what information they are looking for following an accident, the process can be quiet daunting. For a driver who may have only one or two accidents throughout all their years driving, it is important to know what to do in case of an accident. I decided to create this checklist to reduce the anxiety and panic drivers may feel in the event a police officer doesn’t respond to the scene of their accident.”

What to do at an automobile accident scene if police do not come:

(1) Both Drivers must exchange drivers licences, vehicle registrations and insurance information at the scene of the accident under the laws of most states.

(2) Immediately take photos of the other vehicle’s license plate, the damage to the car and scene photos to show how the accident happened. Step back 20 – 30 yards to get pictures of the entire scene. Showing all street signs, any corners or intersections where the accident happened. Take pictures of the person driving and the people in the car so you have a record of who was there.

(3) If possible, create a voice recording of you and the other driver describing how the accident happened. People don’t always remember things clearly when they are stressed.

(4) You should not assign or accept fault at the accident scene. Many times people think they are wrong when they are not.

(5) Get the other drivers telephone number.

(6) If you called the police and they decided that the accident did not rise to the level of response but a tow truck driver appears on the scene anyway, be cautious. Do not be pressured into taking a tow or signing anything. Most states have laws prohibiting unscrupulous activity by tow truck drivers. It is a good idea to know your rights when it comes to tow truck drivers by searching for them on the internet in advance of a vehicle accident. If you are a New York Driver you can watch a video here.

(7) If your vehicle is in need of repair, take it to an auto body collision facility you trust. Let the facility help you put in an insurance claim if necessary. Many people make the mistake of calling their insurance company before they know the extent of their vehicle damage. You should go over the car with an auto body expert before you report a claim to your insurance company to ensure that any repair work needed on the vehicle is done correctly and is completely covered by your insurance company.

(8) Call a lawyer if you need legal advice.

Barry’s Auto Body has developed a series of videos and blogs to help drivers understand best practices when it comes to auto body repair. The information can be found on http://www.BarrysAutoBody.com and on Barry’s Auto Body YouTube channel.

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Burnett Marus, RFC® Retired

The Founder’s Award honors those who have specifically taken interest in leadership of the IARFC and supported its mission through Board of Director participation. IARFC Trustee Chair, H. Stephen Bailey, MRFC®

MIDDLETOWN, Ohio (PRWEB)
January 30, 2020

For his longevity with the Association, service as a Board Member, and ardent supporter of the IARFC mission, the IARFC taps Burnett Marus, RFC® Retired of Burnett Marus Associates in Richardson, TX as the 2020 recipient of the Founder’s Award.

As a regular contributor for the IARFC publication, the Register, Burnett has praised the IARFC for reaching beyond its geographical limits to include international chapters. He acknowledged that he was initially attracted to the Association by the multitude of professionals with years of experience and the concern about continuing education. Further he feels that the IARFC always provided a broader forum for topics that are inherent to financial consulting.

“I am honored and humbled to be the recipient of the IARFC Founder’s Award,” declares Marus. “This Association has been an important part of my professional life since 1984 when I first met Jack Gargan in Amelia Island, FL at the inaugural meeting of what is now the IARFC. I am very proud of what the IARFC has become and extremely proud to be recognized for being a part of this excellent Association.”

In his own personal financial services pursuits, Marus provides distinct services for financial professionals and investors through the following companies:

• Burnett Marus Associates – Financial Services
• Burnett Marus Associates – Tangible Asset Management Services (TAMS)
• Investor’s Rare Coin and Bullion Service
• CoinAnalysis.com

In addition, Burnett Marus Associates is a source for meeting planners seeking presentations on marketing, alternative investments, and asset allocation topics.

“The Founder’s Award honors those who have specifically taken interest in leadership of the IARFC and supported its mission through Board of Director participation,” stated IARFC Trustee Chair and CEO, H. Stephen Bailey, MRFC®. “Burnett Marus had given his time, experience and vision throughout the years for the growth of the membership and the adherence to the IARFC Code of Ethics. I am appreciative of his commitment and dedication to the Association.”

This Founder’s Award will be presented to Burnett Marus, RFC® Retired, during the Awards Banquet on Thursday, April 23 at the Westin Hotel in Downtown Cincinnati, OH. More information on all Association Awards can be found on http://www.iarfc.org/events/awards.

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NIP Group New Website

“Our new website is designed to help brokers and CSRs quickly find the right program for their clients, connect with our industry experts, stand out from the crowd to win more new business, and retain existing accounts,” states Richard Augustyn, CEO of NIP Group.

WOODBRIDGE, N.J. (PRWEB)
January 30, 2020

NIP Group (http://www.NIPGroup.com), a market leader in the insurance program business located in Woodbridge, NJ, is proud to announce the launch of its modern and responsive website, providing visitors with an interactive and educational user experience.

The new website features a mosaic selection of programs upon arriving at the home page where visitors have the option to dive deeper into their journey by selecting personalized content specifically tailored by industry. “Every feature of the new website has been designed for brokers and CSRs to easily access as much information as they need and connect with our industry experts so they can quickly get their job done,” states Tom Doherty, SVP of Specialty Programs.

Each industry page boasts its own “Better Coverage By Design” callout section that allows both brokers and CSRs to understand how NIP Group’s programs are differentiated so they can offer the best insurance solution to retain an existing client or win new business. In addition, brokers and CSRs can easily view underwriting eligibility, the benefits of working with NIP Group, specialized coverages and available limits, as well as getting to know their program manager, who will serve as their industry expert throughout the underwriting process. “Brokers’ time is valuable, so we worked hard to organize a significant amount of program specific information to make easily accessible from any device and in a well-designed format to be shared with clients,” states David Springer, President of NIP Group.

Understanding that suffering a loss is a stressful event for everyone involved, NIP Group tailored their claims page (https://nipgroup.com/claims/) to seamlessly support brokers, CSRs and their clients with an easy way to file a new claim, allowing for a claims experience that is pleasant and efficient, and most importantly, allowing the insured’s business to continue with minimal disruption.

“Our new website is designed to help brokers and CSRs quickly find the right program for their clients, connect with our industry experts, stand out from the crowd to win more new business, and retain existing accounts,” states Richard Augustyn, CEO of NIP Group. “The ingenuity and agility of the NIP Group team has established us as one of the nation’s most respected insurance program administrators and the company that brokers and CSRs turn to, to provide industry tailored coverages to their clients and help them build a stronger brand as industry specialists.”

Today, clients are expecting more from their brokers and CSRs. They want advice on risk management and access to industry specific safety, loss control resources, and services. NIP Group’s in-house loss control professionals have listened and rolled out a turn-key safety and risk control management system tailored for each industry program. The new system will enable brokers and CSRs to offer a customized risk management solution that will hit home for insureds, covering the topics of safety, compliance, and growing their businesses.

About NIP Group

NIP Group is a market-leading specialty insurance program manager that designs unique commercial insurance solutions and risk services for more than 25 niche industries. Working with more than 5,500 broker partners, we help clients gain control over their costs, secure customized coverage and create safer work environments. NIP Group has more than 150 employees headquartered in Woodbridge, NJ and draws upon the expertise of highly talented business partners throughout the country and abroad to meet the needs of its clients.

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“Getting online car insurance quotes will help drivers find the best coverage for his needs and budget,” said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 30, 2020

Car insurance is a must for any driver who wants to drive legally across the United States. The auto insurance market is complex and numerous companies compete for business. In order to get a better view of the current market status, clients are recommended to get quotes at http://compare-autoinsurance.org and compare rates.

• 
  Online car insurance quotes will help drivers discover numerous insurance companies. Usually, drivers are not aware of the local insurance providers. Most of them have heard of big 5-10 companies, but there are hundreds of local companies. By obtaining quotes from these smaller companies, drivers can notice that many of them offer really good prices for really good insurance services. Smaller companies may offer the best prices and services around, so do not hesitate to get quotes from them
• Quotes will provide accurate cost estimates. Although just estimates, insurance quotes use really good rate calculators. Good websites keep their info updated and provide results that match the insurer’s approximate premiums. Rate calculators will input the user’s info and calculate the premiums using the company’s database and algorithms.
• Quotes will help drivers understand how rates are calculated and how they can improve rates. Online submit forms will help drivers understand if the car they have is still valuable or not. Car insurance companies take a car’s depreciation into consideration when issuing premiums. Other factors like credit score or past traffic violation will also influence the premiums and driver’s classification. Usually, this info is required by quote submit forms. Drivers can be labeled as Preferred, Standard or High Risk.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more examples, money-saving tips and free quotes, visit http://compare-autoinsurance.org.

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“It is important for drivers to check for what car insurance discounts are eligible. Top car insurance discounts can help a driver save a lot of money”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 30, 2020

Car insurance costs can be kept under control by utilizing car insurance discounts. Policyholders have access to multiple types of discounts with different savings amounts.

The main advantage of discounts is that they save the policyholder’s insurance money. Discount savings value differs widely, depending on car insurance carrier, coverage limits, and the type of discounts. The discounts can range from as low as 3% to 4% to as high as 50%.

• 
  Low mileage discount. Depending on the provider, the discount usually applies to those drivers that drive less than 7,500 miles per year with their vehicle. The value of this discount ranges from 5% to 30%.
• Good driver discount. Drivers that don’t cause accidents and don’t receive traffic fines are eligible for this discount. Insurance carriers usually require at least three years of accident-free record, before a policyholder gets eligible for a discount that ranges from as low 5% to as high as 40%.
• Good student discounts. Insurance companies consider good students as being more responsible in traffic. A good student needs a 3.0 GPA to qualify for a discount that is around 10% to 15% of the premium.
• Installing safety devices discount. Before installing any safety equipment, policyholders should check at their insurer if the safety equipment they are about to install is approved. Policyholders should do a small research and see how safety devices will decrease, or increase their insurance premium.

For additional info, money-saving tips and free car insurance quotes, visit http://compare-autoinsurance.org.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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“In several cases, drivers can save car insurance money if they choose to drop the full coverage”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 30, 2020

Policyholders are in control when they decide how much coverage they need. To avoid overpaying for coverage they don’t need, policyholders can choose to drop the full coverage. Drivers are recommended to drop full coverage in the following situations:

• 
  The car is too old. Even if the car is in perfect condition, its value will still decrease as time passes. If a car is older than 10 years, having full coverage is not worthy anymore.
• The vehicle has high mileage. Even if a car is not old, if the odometer shows that it already traveled more than 200,000 miles, then the value of the car has dropped considerably. In this case, drivers should consider dropping full coverage.
• The car is being financed. Drivers that are financing their cars are required by their lenders to have full coverage. Once the loan is paid, policyholders can choose to drop full coverage.
• Full coverage might be too expensive for some drivers. When they can’t afford to pay for full coverage, they will probably choose to keep only the state’s minimum required insurance.
• Policyholders that consider they are good drivers capable of not causing accidents, can save money by choosing to drop full coverage.

For additional info, money-saving tips and free car insurance quotes, visit http://compare-autoinsurance.org.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Freedom Financial Network

For the first time, fully 100% of the collateral has come from FreedomPlus, which provides primarily debt-consolidation personal loans to consumers.

SAN MATEO, Calif. (PRWEB)
January 30, 2020

Freedom Financial Network (FFN), the parent company of Freedom Financial Asset Management, has closed its fifth securitization, placing $324 million of rated notes, four times oversubscribed by investors.

The securitization highlights the continued shift of the loan mix towards FFN’s growing FreedomPlus program. For the first time, fully 100% of the collateral has come from FreedomPlus, which provides primarily debt-consolidation personal loans to consumers.

Total securitization issue

The company’s latest securitization brings its total issuance across all five transactions to more than $1.9 billion. FFN has originated more than $2.7 billion of FreedomPlus loans to date and over $4.4 billion in total loans on its Freedom Financial Asset Management (FFAM) platform.

Consistent with its previous securitizations, announced in 2018 and 2019, underwriting the most recent transaction were Credit Suisse, which served as the lead manager and structuring agent, and SunTrust, which served as a joint book runner. In addition, this securitization is bringing in 29 unique investors.

The Class A, Class B and Class C fixed notes were rated A3 (sf), Baa3 (sf) and Ba3 (sf) by Moody’s. The Class A, Class B and Class C fixed-rate notes were rated A (high) (sf), BBB (high) (sf) and BB (low) (sf) by DBRS Morningstar, Inc. The Class A, Class B and Class C fixed-rate notes were rated A (sf), BBB (sf) and BB (sf) by Kroll.

Groundbreaking market differentiators

“The market differentiators we have created and put in place for FreedomPlus are driving our continued success,” says Joseph Toms, president and chief investment officer at FFAM. “From the start of the FreedomPlus program in 2013, it has made loan payments directly to creditors to provide consumers with convenience as well as the financial discipline to become debt-free. FreedomPlus was the first lender in the industry to offer this program, facilitating debt consolidation and payoff for consumers.”

Today, approximately 70% of FreedomPlus loans leverage this ability to pay creditors directly, by far the highest percentage in the industry, according to Toms. The FreedomPlus program also offers discounts to applicants with a co-borrower and for those with more than $40,000 in retirement funds.

“The success of this securitization, with 100% FreedomPlus collateral, demonstrates the compelling nature of Freedom’s growing product suite. It serves as one more point of confirmation that we have created a solid, long-term lending platform that works for both consumers and investors,” says Toms. “With transactions such as these, we can look forward to a long road of helping consumers improve their financial health and wellness.”

FFAM offers personal loans to help consumers consolidate their debt, lower interest rates and convert revolving debt into lower-cost, more consumer-friendly installment loans. Using a combination of process, technology and analytics, along with a focus on human interaction to hear directly from consumers about their financial needs, FFAM provides long-term risk-adjusted returns for investors in consumer lending.

Freedom Financial Network (http://www.freedomfinancialnetwork.com)

Freedom Financial Network is a family of companies providing innovative solutions that empower people to live healthier financial lives. For people struggling with debt, Freedom Debt Relief offers a custom program to significantly reduce and resolve what they owe more quickly than they could on their own. FreedomPlus tailors personal loans to each borrower with a level of customer service unmatched in the industry. For consumers enrolled in qualifying debt relief programs, ConsolidationPlus offers loans that accelerate debt settlements and enable them to be free of the debts sooner. Bills.com offers a resource site with simple tips, advice and tools to help consumers make smart financial decisions.

Headquartered in San Mateo, California, FFN also operates an office in Tempe, Arizona. The company employs more than 2,400 and has been voted one of the places to work in both the San Francisco Bay Area and Phoenix area for several years.

Contact: Michael Micheletti, mmicheletti@freedomfinancialnetwork.com, 415-359-6985

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