“When owning a new car, consider purchasing GAP insurance.”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 07, 2019

Carinsuranceplan.org has released a new blog post that provides more info about GAP auto insurance and when drivers should purchase it.

For more info and free car insurance quotes online, visit https://carinsuranceplan.org/what-is-gap-insurance-and-when-we-need-it/

Totaling a recently-purchased car is an extremely unpleasant situation. The insurance company will pay only the Actual Cash Value. Cars lose a significant portion of their value as soon as they leave the lot. The owner may be reimbursed with less than what he owns to the lienholder. This is when GAP coverage will be useful. Car owners should purchase GAP in the following scenarios:

• 
  When financing a car that depreciates quickly. Most cars depreciate fast, but some models lose value very rapidly. In some cases, certain models can lose as much 75% of their value, after their first three years on the road.
• After taking a long-term car loan. On a short-term loan, the gap between what the driver owes for car and the actual cash value will begin to narrow and disappear faster than on a long-term loan.
• After putting a down-payment lower than 20%. In this case, the buyer will owe to the lender, more than the car is worth. If the car gets totaled or stolen, gap insurance will help pay the difference.
• When leasing a vehicle. The lender will probably insist to purchase GAP insurance, alongside collision and comprehensive coverage.
• When driving a lot. Cars with high mileage depreciate really fast.

For more info, money-saving tips and free quotes, visit https://carinsuranceplan.org/

Carinsuranceplan.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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“Drivers should understand what influences the most their insurance bills”, said Russell Rabichev, Marketing Director of Internet Marketing Company

LOS ANGELES (PRWEB)
November 07, 2019

Cheapquotesautoinsurance.com has released a new blog post that explains the top influential factors for car insurance rates

For more info and free car insurance quotes, visit https://cheapquotesautoinsurance.com/top-factors-that-affect-car-insurance-costs/

When it comes to determining rates and associated costs, insurance companies analyze a vast number of factors. These factors can be classified into 3 main categories: driver-related factors, car-related factors and coverage-related factors. Companies carefully analyze the following factors:

• 
  Driver’s age. Teen drivers are more likely to get involved in an accident. Younger drivers, under 25 years old, pay higher premiums. Senior citizens that are in their 70s or 80s, also pay higher insurance rates based on their age. In this case, age-related medical problems will impair a person’s driving capabilities.
• Credit score. Most states, except California, Hawaii and Massachusetts, allow insurance companies to look at the driver’s credit score. They will regularly charge more the drivers with poor credit score, while the ones that have good and excellent credit score will receive lower insurance rates.
• Driving history. Drivers that were recently involved in accidents, received many tickets, or made previous insurance claims, should expect more expensive premiums. A really bad driving record will even determine the current insurer to drop the client. Safe drivers, on the other side, receive better rates.
• ZIP code. The majority of car accidents happen close to home. People living in a densely populated neighborhood, with more cars, are more likely to suffer a car accident, vandalism or theft. Parking the car in a garage will make coverage cheaper.
• Car model. An insurer will ask about car make, model, car type, year of production, installed safety features, condition, etc. Some cars are cheaper to insure than others. Luxury, sports car or extremely customized cars are difficult to insure and regularly will need a specialized insurer.

For more car insurance info, money-saving tips and free online quotes, please visit http://cheapquotesautoinsurance.com

Cheapquotesautoinsurance.com 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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“Drivers can save money in the long run, by setting higher deductible levels”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 04, 2019

Compare-autoinsurance.org has launched a new blog post that explains how high deductible levels affect car insurance premiums.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/why-you-should-opt-for-high-deductible-levels/

One of the most crucial decisions a policyholder can make while purchasing insurance is the amount of money he is willing to pay on the collision and comprehensive policies deductibles. Depending on the amount the policyholder set on his deductibles, the premium rates can increase or decrease.

Policyholders can save money by raising their deductibles. If a policyholder raises his deductible from $300 to $900, he can expect to see a significant drop in the amount he pays towards the monthly premium. Drivers should make sure they have the amount they set on their deductibles available at any time. If something goes bad with their car, policyholders will have to first pay the amount set on their deductibles, before the insurance policy kicks in. On average, policyholders can save as much as 30% by setting high deductible levels.

Before setting a deductible amount, policyholders should consider several factors like their income, savings, credit lines, driving history, and their vehicle value. It’s no point setting a high deductible value if the policyholder’s car value is low.

Policyholders should review their insurance deductibles at least once a year. They should consider if they can still comfortably pay for the deductible if they had an accident today.

For additional info, money-saving tips and free car insurance quotes, visit https://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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“This will absolutely raise the visibility of our strategy aiming at digitalized insurance services to deliver the best to our customers and Thai society,” said Shin Tanimoto, chief executive of Tokio Marine Life Insurance (Thailand).

IRVINE, Calif. and SINGAPORE (PRWEB)
November 05, 2019

Ephesoft, Inc., an industry leader in enterprise content capture and data discovery solutions, today announced its collaboration with Tokio Marine Asia, the regional headquarters of the global insurance group that offers an extensive selection of General and Life insurance products and solutions worldwide. Ephesoft and Tokio Marine Asia, along with Tokio Marine Life Insurance (Thailand), will work together to solve language, data and document challenges that are prevalent throughout Thailand.

The collaboration marks the insurance company’s focus on expanding its footprint of automation in the fast-burgeoning Thai economy. Improving its approach by automating various manual heavy documentation processes across the insurance space will benefit both their customers and employees.

“Ephesoft has a strong commitment to meeting our customers where they are and addressing their unique challenges, regardless of geographic location,” said Ike Kavas, founder and CEO at Ephesoft. “This collaboration will address challenges specific to Thai organizations that seek to better manage and process unstructured data within their operations, and ultimately minimize manual processes to drive efficiency, accuracy and productivity. Having companies like Tokio Marine Asia who are willing to collaborate with us to solve complex challenges are critical to our continued growth throughout the region.”

The collaboration of Ephesoft and Tokio Marine Asia is expected to yield an innovative approach in analyzing Thai-language unstructured data. With Ephesoft Transact technology, both partners are expecting to solve document challenges in order to help take Thailand’s enterprises to the next level of automation.

“Tokio Marine Asia is excited to work with Ephesoft among other promising tech companies to overcome our data extraction and language hurdles so we can give our customers a better experience,” said Hidemi Harada, vice president and head of digital strategy of Tokio Marine Asia. “We hope that by using Ephesoft, we will be able to alleviate manual data entry and streamline processes, accelerating our claim processing to provide better customer service. Together, we’ll work to gain a deeper level of understanding for characters and language, which has been a long-time challenge to international business in Thailand.”

Using a specialized type of artificial intelligence (AI) called supervised machine learning, Ephesoft automates the process of classifying and extracting valuable information from unstructured data. Only 2 to 5 samples of each type of claim are required to use Ephesoft’s patented machine learning tool, which learns to recognize the document type. Ephesoft’s supervised machine learning system dramatically accelerates the data extraction process and improves accuracy, enabling Ephesoft clients to effectively use this data to their advantage by providing improved service, lower costs and deeper insights into customer and industry trends. It becomes more efficient as more language and industry-specific samples are fed into the Ephesoft system.

“I am very much looking forward to what this collaboration will bring to our company. This will absolutely raise the visibility of our strategy aiming at digitalized insurance services to deliver the best to our customers and Thai society,” said Shin Tanimoto, chief executive of Tokio Marine Life Insurance (Thailand).

Tokio Marine’s intimate understanding of the business environment and ecosystems in Thailand, along with their nuances, culture and challenges, make this collaboration highly valuable and significant to Ephesoft’s growth and customer support. Working together, Ephesoft aims to tailor solutions to local businesses, providing an enterprise-level, intelligent document capture solution.

Tokio Marine’s strong presence in Thailand, a high-growth economy, will benefit the collaboration in shaping solutions to local needs, enabling Ephesoft to tailor its capture solutions for businesses there. Ephesoft has a proven track record of providing vital solutions in other Asian markets and the company is poised to provide its services to Thailand’s thriving economy.

About Tokio Marine Asia

Tokio Marine was established in the year 1879 as the first insurance company in Japan and has grown over the decades, now offering an extensive selection of General and Life insurance products and solutions in 45 countries and expanding. Tokio Marine ranks as one of the world’s most globally diversified and financially secure insurance groups.

Tokio Marine Asia is an established regional headquarters and intermediate holding company, located at the Tokio Marine Centre in Singapore. The organization oversees 7 P&C Insurance companies and 5 Life Insurance companies in 7 countries, which employs over 10,000 people across the region. Tokio Marine Asia also provides support to new and current business activities for both Tokio Marine P&C and Life insurance operations within the region.

In October 2018, Tokio Marine Innovation Lab set up its Singapore’s home at Tokio Marine Centre. The Tokio Marine Holdings’ Digital Innovation Lab in Singapore is the third innovation lab for the Group, following the ones in Tokyo (established July 2016) and Silicon Valley (established November 2016). It will be welcoming the Group’s colleagues, start-ups and innovative companies in the region to share ideas and collaborate in the name of disruption and innovation in the InsurTech space. For more information, visit http://www.tokiomarine.com/asia.

About Ephesoft

Ephesoft, Inc. develops technology that makes meaning out of unstructured data for decision-makers worldwide. Using supervised machine learning and a focus on efficiency and reliability, Ephesoft has crafted the next generation of enterprise content capture and data discovery solutions. Organizations use this power to automate any document-based business processes, improving accuracy, increasing productivity and reducing costs. Ephesoft is headquartered in Irvine, Calif., with regional offices throughout the US, EMEA and Asia Pacific. The company is undergoing rapid growth and has customers in over 50 countries. To learn more, visit ephesoft.com.

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“Good drivers can get better rates by selecting only the needed policies”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 05, 2019

Carinsuranceplan.org has released a new blog post that explains how good drivers can get the best car insurance rates and save money.

For more info and free quotes, visit https://carinsuranceplan.org/how-to-pay-cheaper-car-insurance-if-you-are-a-good-driver/

Insurance companies aim to collaborate with as many safe drivers as possible. A safe driver is considered a low risk for companies since it has fewer chances of being involved in an accident and filing a claim. People who are regarded as good drivers should purchase the following plans:

• 
  The state’s minimum required insurance. Most states, except New Hampshire, impose minimum liability insurance for the drivers. The minimum liability insurances are different from state to state, so it’s for the best to inform about them before purchasing insurance. These minimum liability limits were imposed, in order to compensate the medical bills and the property damage suffered by someone who is involved in an accident where the policyholder is guilty,
• Uninsured and underinsured coverage. Even if the policyholder is a good driver, this does not mean that all traffic participants are good drivers. There are many reckless drivers on the roads of the US. Some of them carry cover, while some carry no cover, and others carry insufficient coverage.
• Usage-based insurance programs. Allow the insurance company to install a small telematics device into the vehicle. The period for which the device is installed varies from one insurer to another but usually is for 30 days. In this period, the device will record data about how many miles are driven, the time of the day when the car is driven, sudden changes in speed, acceleration, hard braking, cornering. UBI programs are the fastest ways for a driver to get significant discounts. For that reason, UBI programs are more popular than ever.

For more info, money-saving tips and free quotes, visit https://carinsuranceplan.org/

Carinsuranceplan.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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