Création des Logiciels de gestion d'Entreprise, Création et référencement des sites web, Réseaux et Maintenance, Conception
Seo Master present to you:
2013, By: Seo Master
An Explanation for the Weary Insurance Shopper
When I worked as a personal lines insurance agent, frustrated consumers would ask me to explain insurance scoring to them on a daily basis. The misconception was that of a scary
number that cost a lot of money and could ruin credit. Although a very complex subject, in this article I will shed some light on the basic concepts of insurance scoring and how your score affects you. I will also share a few tips that may help you improve your score.
number that cost a lot of money and could ruin credit. Although a very complex subject, in this article I will shed some light on the basic concepts of insurance scoring and how your score affects you. I will also share a few tips that may help you improve your score.
Basic Concepts of Insurance Scoring
In this section, the following topics will be discussed:
- Two Types of Insurance Scores.
- Insurance Score Models Are Unique To Insurance Companies Insurance Scores Are Unique To You.
- Policies That Utilize Insurance Scores and the Quote Connection.
1. Currently, there are two types of insurance scores.
- Non-Credit Based: This type includes personal information specific to you and does not consult your credit report.
- Credit Based: This type pulls basic information about how you manage your money from your credit report, and then adds personal information as in a non-credit based score.
If you would like to know which type your insurance company uses, ask your agent. He/she should know or be able to find out for you.
2. Insurance Models Are Unique To Insurance Companies Insurance Scores Are Unique To You
Insurance score models are different for each company and proprietary, so it is impossible to know all the factors included for any company in particular. There are hundreds of factors that go into creating an insurance score. Factors such as where you live, what car you drive, type of coverage you carry, when your policy renews, if you own your home, how you handle your money, age of the drivers, marital status, loss history, driving record, etc, etc, etc, are considered. There is even a company that factor in odd and even residential street addresses.
Each company’s underwriting model is geared toward finding those viewed as their “perfect customer.” Some company models are more youth and/or senior driver friendly than others, and some are more forgiving toward those with blemishes on their reports. Other models will calculate a higher score simply for carrying more coverage or higher limits. The best thing to do is shop around and asks questions. You and your neighbor could live in the exact same house, drive the exact same car, carry the exact same coverage, and be offered very different rates from the same insurance companies. Find a company that is most friendly to your unique information.
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When shopping, you may want to ask the agent:
- Will my initial insurance score stay with me through the life of the policy?
- Will I have a new insurance score calculated at each renewal?
- If I carry more coverage or higher limits, will my score improve?
- If my insurance score goes down, could I be cancelled?
- If my insurance score goes down, could it raise my premium, or is it only considered if it reduces my premium?
If you feel you have nowhere to go but up, you may want to find a company that calculates a new score at each renewal. In most states, a new score at renewal can only be considered if the premium is reduced. In this case, it would work in your favor to have a new score calculated at every renewal.
3. Policies That Utilize Insurance Scoring and the Quote Connection
Personal lines auto and home policies use insurance scoring for underwriting approval and rating. Some companies use scoring for auto only, some home only, and others use scoring for both. Although heavily disputed, it is legal for insurance companies to use insurance scoring of some type in most states.
Typically, insurance companies will honor rate quotes for only 30-90 days because information could change on both sides during that time period. On the company side, rates and underwriting rules can change. On the customer side, loss history, driving record, and insurance scores can change. Your score can change every 90 days. If you are not happy with a quote you receive, you may want to request a new quote 91 days later. A new insurance score will be calculated with the updated premium, and you could be offered a better rate.
How Your Insurance Score Effects You
In this section, the following topics will be covered:
- Credit Based Insurance Scores And Your Credit Score
- Can You Be Denied A Policy Due To A Low Insurance Score?
- Can You Ask To See Your Insurance Score?
1. Credit Based Insurance Scores and Your Credit Score
An insurance score is a numerical system intended to predict the risk of a loss for insurance companies. It is completely different than the calculations used by financial institutions to create credit scores. Your insurance score does not necessarily go up and down with your credit score because information from your credit report is only part of the equation. The role your credit report plays is to determine how you handle your money. Insurance companies are looking for information such as:
- Do you pay your bills on time?
- Have you been through bankruptcy?
- What type of credit accounts do you have?
- How much total credit do you have?
- How much of your credit is used verses open?
- How long do you keep your accounts?
The theory behind adding credit information to insurance score calculations is...the lower a customer's credit score, the more likely the customer is to make a claim. Remember, there are many factors considered in scoring calculations, so having less than stellar credit is not a clear indication that your insurance score will be low.
Please note, when insurance companies pull credit reports to calculate insurance scores, credit scores do not change. Inquiries are processed as a "soft hit" and show as an inquiry only.
2. Can You Be Denied A Policy Due To A Low Insurance Score?
Yes, it is legal in some state to deny coverage or non-renew a policy based on a low insurance score. Insurance rates are regulated by each state, but underwriting guidelines are not. If you are denied coverage due to a low insurance score, you may want to inquire again later. Some insurance companies move underwriting thresholds for eligibility up and down to control how much business they are writing. If you are not eligible with a particular company, check again, you might be next time…especially if your score improves.
3. Can You Ask To See Your Insurance Score?
When an insurance company denies a policy or offers less than their best rate, it is called adverse action. When adverse action is the result of a low insurance score, most states require the insurance company to notify the customer by mail. They are also required to include a list of sources used to determine the score. Insurance companies do not have to share the actual insurance score with you; however, if you believe there is a reporting error, you can inquire and correct it. By contacting consumer agencies that supplied information to your insurance company, you can correct errors and ask the insurance company to pull your reports again. The agency supplying incorrect information should notify the insurance company of the update. A few of the major players are listed in the Helpful Links box.
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Documents and What You Can Do To Improve Your Insurance Score
In this section, the following topics will be covered:
- Documents Used To Determine Your Eligibility And Rates
- Tips To Help You Raise Your Insurance Score
1. Documents Used To Determine Your Eligibility and Rates
To determine eligibility and rates, insurance companies use the following:
- CREDIT report for credit based scoring.
- MVR (Motor Vehicle Record) report when applying for auto insurance.
- CLUE (Consolidated Loss Underwriting Exchange) report which lists claims history, insurance company payouts, and is often used with auto and home applications.
- Information that you supply on your application.
Be sure credit bureaus and data suppliers have accurate information on your reports.
2. Tips to Help You Improve Your Insurance Score
In addition to accurate reports:
- Drive safely to keep your MVR and CLUE reports clear.
- Choose higher limits and full coverage when appropriate.
- Choose deductibles that are comfortable for your wallet and still raise your score. Yes, your deductible choices can alter your insurance score.
- Consult with your agent regarding the consequences of submitting small claims.
- Do your best to pay your bills and taxes on time.
- Strive for well-aged accounts and avoid unnecessary inquiries.
As you can see, insurance scoring is quite intricate. The rules vary from company to company and state to state. You may want to do a little state specific research before going shopping. By visiting the NAIC (National Association Of Insurance Commissioners) map, you can access state specific insurance websites.
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Note: This article is not a substitute for legal or insurance agent counsel as it has been written for informational purposes only. Please refer to the professionals in your state for more information that is specific to your needs. Anyway, if this article may help your friend’s then feel free to share with social sharing button and let us know your feedback by comment bellow.
Cara blog sangat cepat terindeks Google sebelumnya pernah saya bahas. Kalau belum baca bisa buka artikel berjudul Bagaimana Cara Artikel Terindeks Lebih Cepat?. Dengan tips di dalam artikel tersebut, artikel di blog anda bisa terindeks dalam waktu 1-2 hari. Tapi banyak yang tidak puas dengan kecepatan segitu, dan maunya terindeks seketika itu juga.
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Seo Master present to you:
2013, By: Seo Master
What is oDesk?
oDesk is the name of an online marketplace which connects employers and freelance workers. The site is safe and easy to use, helping to avoid scams for both parties. Employers simply advertise a job, contractors bid and compete for the position, the job is awarded, and
contractors complete the work and get paid! There is great earning potential, especially for contractors with specialized skills. Read on to learn more about oDesk and how you can harness your earnings.
contractors complete the work and get paid! There is great earning potential, especially for contractors with specialized skills. Read on to learn more about oDesk and how you can harness your earnings.
How to Start
Create Your Contractor Profile
Start by joining oDesk here and create your Contractor profile. A complete profile, including providing details like your title, objective, and availability will ensure you will stand out among the rest. Many new Contractors fail to take the time to complete their profile in full, prohibiting them from obtaining contracts. Make sure to give as much information as possible about yourself without being too personal. You can see an example oDesk complete profile from right here.
Take Tests
oDesk provides Employers with qualification tests to help with wean out candidates for their job postings. Contractors have a better chance of being picked for a job if they complete a test relevant to their field. For example, a web developer may choose to take a PHP, CSS or Java test. The test results will be displayed on your profile, unless you specify to hide the results. Make sure to take the oDesk Readiness Test so that you know all the ins and outs of the site.
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Search and Apply for Jobs
Now that you have your profile ready, you'll want to start applying for jobs. Search for jobs by category or keywords. Once you have found a job which interests you and fits for your skill, apply for it by placing a bid. You can either propose an amount that will be paid to you, or the overall fee that will be charged to the employer. Insert a customized cover letter in order to outline your skills and any information that is needed for the application. For fixed rate projects, you will have to enter the duration of the project or the amount of time you believe it will take to complete the job. Agree to the terms and conditions, then hit apply! The employer will review your application and either decline your offer, invite you to a virtual interview, or hire you straight away.
Tips for New Comers: Only apply for hourly job and consider your bid amount. Don’t apply the job which is not fit for your skill.
Increase Your Job Quota
When you first sign up for oDesk, you are only permitted to apply for two jobs at any one time. You can increase your allowance by completing your Readiness Test, taking four or more other tests, and completing the ID verification process. The maximum job quota is twenty jobs at any one time. When a job posting has been removed or expired, a position has been filled, or you have been hired, your quota will allow for more job applications.
Your Questions Answered
What types of jobs are available on oDesk?
There is a wide variety of jobs available in a number of different sectors including administration support, customer service, sales, web development, writing, translation, and design.
How are hours worked calculated on oDesk?
There are two types of contracts: hourly and fixed price. The employer will set out the job type and it is up to you to apply under those conditions. When working under an hourly contract, you will be required to use the oDesk Team Desktop or iPhone Application. This will log your time, take periodic screen shots, measure your activity level, and enable your employer to contact you by IM. Your earnings will be based on time logged via the Team Workroom.
How much can I earn?
There is no set amount when earning on oDesk. You determine your worth, hours you are available to work, and who you want to work for. There are a wide variety of employers looking for either high quality or low cost contractors to help them to complete their projects. Place bids for projects based on what you think your time is worth.
How do I find top paying jobs?
You can base fixed rate search on the employer’s budget. The sliding scale is between $0-20K+. Once you have selected the range you are inquiring about, you will be provided with jobs based on those budget specifications.
How do I get paid?
There are various ways that you can receive payments from employers. Every week, you will be asked to review your time log (applicable for hourly contracts only). Withdraw methods are Paypal, Payoneer, Moneybookers, wire transfer, ACH (US), and local funds transfer (Australia, India, Phillipines).
5 Ways How to Get Employers Interested
1. Market Yourself
Remember, you are going to be competing with hundreds of contractors around the world for the best jobs. In order for an employer to find you, you have to stand out. You may be the most fabulous worker, but they don't know that. For example, bump up your title from "Web Designer" to "Talented PHP Expert with Top Industry Experience".
2. Start Low then Reach for the Sky
Most oDesk contractors start by offering lower bids on jobs to obtain more oDesk hours. After you have established a good feedback score, you can then start asking for a higher rate of pay. This is up to your discretion as you are the only one who can set your rate of pay.
3. Write a Good Cover Letter
Just like any job application, it is required that you submit a cover letter with your oDesk bid. Write a clear, concise and thoughtful cover letter which is free from any grammatical errors. Avoid using copy-pasted letters as most employers can usually identify these straight away. You want them to know that you genuinely want to work for them.
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4. Keep a Good Feedback Score
Employers like to review your past employment history on oDesk before hiring. After a contract is completed, you will be required to provide feedback to your employer and vice versa. Always try to maintain professionalism when dealer with your employers, as it will be reflected in your feedback score. A good feedback score is often required when applying for jobs. If your score does not meet the requirements, you may have difficulty being hired.
5. Inspire with a Top Notch Portfolio
Do you have current work that you're able to show off? Add it to your oDesk profile to let employers see what you're capable of. If you don't have anything to show, create new content to post, i.e. new graphic design work, writing samples, etc. When they see how good you are, they'll just have to have you.
Hope this article will help you to build up your online career with oDesk. If you think this article may help your friends also please share with any social site which you use. Let us know your feedback regarding this article. Your feedback and comment will inspire us to write and post more articles. Good luck.
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