TLSummit.net

Common Forms of Car Insurance Fraud

Categories: Law and Finance
Comments Off on Common Forms of Car Insurance Fraud

Smiling couple buying a new car from a salesmanToday, getting car insurance is a legal necessity in all states. Many people are now taking advantage of various loopholes in the auto insurance sector to make an easy buck. Unfortunately, many of those accused of car insurance fraud have no idea that they have committed a white-collar crime.

These perpetrators do not also see the need for a criminal defense attorney from Marysville since they assume that these are petty accusations. A conviction for auto insurance fraud, however, attracts hefty penalties, including jail time, fines, probation, disgorgement, and restitution. Here are some of the actions that constitute auto insurance fraud:

Hard Fraud

This is the most severe form of car insurance fraud. It constitutes all deliberate actions designed to over-bill your insurance agency. Some types of hard fraud include faking a car accident or theft to be paid or causing a disaster such as braking too hard that another car rear ends you.

Soft Fraud

In soft fraud, you are caught up in a genuine accident or theft and deserve compensation, but you file an inaccurate insurance claim. The claim is generally exaggerated and includes a falsified report to get more money than you deserve. Providing false information to your insurer when buying a policy to get a favorable rate is also considered soft auto insurance fraud.

Aftermarket Add-on Fraud

It is usual to get extras for your car, like new shifters, rims, and steering wheels. If you are involved in an accident, removing these add-ons after your insurance payout can be deemed fraudulent. Aftermarket add-on fraud is usually unintentional and sort of a legal grey area.

Most people who commit auto insurance fraud think that it is a faceless crime. The given kinds of fraud result in losses and increase the premiums for auto insurance. Hence, car insurance fraud is tried as a felony.

3 Money Mistakes That Can Hurt Your Marriage

Categories: Law and Finance
Comments Off on 3 Money Mistakes That Can Hurt Your Marriage
Couple on a divorce talking about finances

Couple on a divorce talking about financesYour love life is probably one of the most important things that you want to keep. The last thing you want to experience is wrangles over unsettled household needs. Therefore, you desire to ensure bills are paid on time, and your family is comfortable. However, how you manage these bills, take up debts and handle investments can have a negative impact on your marriage.

Here, see some of the usual financial habits that can cost you your marriage.

Not talking about money

You can never have the same personality as your spouse. But you can have the same financial goals in mind.  However, these goals cannot be achieved until you sit down and open up to one another. Talk of what you think about a particular venture, kids’ school fee etcetera. Lack of communication translates merely to diverted interests. What is even worse is when one is a spender, and the other is a saver. Financial decisions here may not be mutual.

Delegating finances to your spouse

There is nothing as enticing as seeing a project that you mutually planned and invested in; come up to completion. Unfortunately, some people would instead delegate to their spouse than get involved. In as much as you may not have financial knowledge to make significant decisions, this is not a time to sit back and watch. It’s even better to hire a financial adviser or family lawyer or in Marysville for advice on the same. In fact, this should be an opportunity for you to learn the tricks, just in case your spouse becomes disabled and can’t do much.

Putting love over everything else

Everyone desires to see that love prevails in their marriage. However, it shouldn’t blind you to the point of not seeing the real economic aspect of your life. In as much as you may want to entice your spouse with luxurious stuff, be sure you can afford and still spare some cash for the recurrent bills before you make your decisions.

Love in your marriage shouldn’t be pegged only to your finances, in that you must buy this or that for your spouse. Let them see that there is a life ahead, goals to achieve and bills to be paid as well.

3 Vehicle Covers You Can Customize

Categories: Service & Product Reviews
Comments Off on 3 Vehicle Covers You Can Customize

car with a coverWhenever you buy a vehicle, it usually comes with a free cover. However, not all covers fit precisely, and this is a problem most of the time. Here are three covers you can actually customize to protect your investment vehicle.

Boat Cover

Most boat owners receive a one-size-fits-all cover along with their boat. However, these covers mostly provide basic coverage and protection. Fortunately, there is a remedy to this problem in the form of custom-made boat covers you can buy from firms such as WALK-WINN.

Some major benefits of customizing a boat cover include a snug fit, full coverage, and the exact placement of boat snaps according to what’s installed on the boat.

A tight fitting cover protects the interior and exterior of the boat more effectively, keeping dirt and other debris from entering the hull.

Motorcycle Cover

Motorcycles are perceived as the toughies in the world of bikes. But these things also need TLC. Protect your bike with a nice fitting cover to ensure that it stays dirt free and dry as much as possible. Keeping it covered and unexposed, especially when it’s not in use, will help prolong its life and require less exterior maintenance as well.

Whether a bike is sitting in the garage or out in the yard, protecting it with a cover is key in keeping it looking clean and new.

Bicycle Cover

If you’re traveling by plane and bringing your bike with you, you’ll definitely need a cover, and one with protective layers and padding too. Most airlines, for example, require boxing or bagging the bike; some require deflating the tires, changing the direction of the handlebars, and removing the pedals.

Some even require the wheels to be removed. To keep everything in one place, a durable and protective cover that can be converted into a bag when it’s needed. Customizing a cover this way allows you to have a cover for regular use and a bike bag for when you’re traveling with the bike; two-in-one items are always a real value for money.

Aside from the fit, custom covers can also be made with the fabric of your choice, and most importantly, with waterproofing. Keeping your prized vehicles protected at all times is key in prolonging its life and keeping it fresh and in excellent condition. Have your vehicle fitted today and get the cover that’s right for it.

3 Practical Tips that Small Businesses May Use to Reduce Their Operating Costs

Categories: Finance Online
Comments Off on 3 Practical Tips that Small Businesses May Use to Reduce Their Operating Costs
Business team in a meeting

Business team in a meetingThe major challenge facing small- and mid-sized businesses is securing capital. Lending institutions opt to provide financial assistance to already established businesses since there is a higher guarantee of repayment. The institutions often raise the interest rates in an aim to discourage small businesses from borrowing.

1. Floorspace Utilization

Acquiring an office within a major city costs more than having it on the backstreet end of a quiet town. Businesses hoping to occupy offices on busy streets must be willing to utilize the office spaces. There are several companies that rent out workspaces in NYC that such businesses may rely on. A business must occupy the smallest space possible while still maintaining efficiency around the office.

2. Efficient Use of Resources

With finances being a major challenge, the efficient use of available resources becomes the most practical solution. That means that a business may only purchase the required equipment. Any extra pieces of equipment may have a negative impact on other expenses such as rent and power bills. Examples include the sharing of scanners, printers, and photocopiers among people in the same department.

3. Outsourcing Functions

Small businesses may find it expensive to establish fully operational departments such as the finance and accounting departments. In such situations, they may opt to outsource various functions in an aim to reduce their operating costs. It may be cheaper to hire an accounting expert to come and reconcile all the books of accounts once every month as opposed to having a full accounting team on your payroll. The same applies to IT consultant services.

According to the product life-cycle model, a new product experiences low sales and growth rate in its introductory stage. Assuming that the product has been introduced by a new business, it means that its revenues are also low. As such, the only way of earning profits is by reducing costs.

Safety During Container Loading and Unloading Process

Categories: Serves You Right
Comments Off on Safety During Container Loading and Unloading Process
Man wearing hard hat and safety glasses on site

Man wearing hard hat and safety glasses on siteMost of the work accidents during the loading and unloading of containers happen in handling stages. The container manoeuvring process to and from the warehouse also poses significant risks to employees handling the containers.

Besides getting the right container loading and unloading platforms, the other ways to avoid the occurrence of these accidents include:

Appropriate Transport Means

The platforms to move the containers must be in a manner that can withstand any forces acting on the containers. Also, well-marked transport routes help the trucks to remain within the required tracks. Proper securing of the cargo can also prevent trucks from veering and falling off.

Safety from Falls

The loading and unloading process of top containers should be from a high position. The loading stands should be strong enough to allow setting of the bridge. You can also use a stable lifting platform. Whichever the case, have a fall protection mechanism to prevent harm in the event of an accident.

Successive Unloading

Often your items will get loose when you are releasing the goods. Thus, understand how the wrapping of your cargo is before you begin the unloading process. Not only will you ensure the safety of your goods, but you will also prevent any accidents during the unloading process.

Proper Securing

When the securing of goods is not in the correct position, the goods could displace during transit. The doors of your shipping containers could have tension and cause the doors to swing open and loose the secured cargo. Use bolts to prevent unexpected opening of doors and have additional securing solutions to keep your items in place.

It is crucial you ensure that the loading, manoeuvring, and unloading process of your containers is safe to protect your employees from any accidents. With the right container loading and unloading platforms, you will ease the loading and unloading process while minimising the possibility of such accidents.

Crucial Considerations When Buying a Second Home

Categories: Finance Online
Comments Off on Crucial Considerations When Buying a Second Home

a houseAre you thinking of buying another home, perhaps as an investment or a vacation home? While buying another house has its benefits, it also comes with unique challenges. Bearing this in mind, there are some crucial considerations you need to take into account before even start shopping for a home. Here they are.

Make 100% Certain that You Could Comfortably Afford Two Home Loans

If you’re still not finished repaying your loan for your primary home, you have to ensure that you could afford monthly mortgage payments for your second home. Generally speaking, you would need to make a 10% or 20% down payment and go through the entire mortgage approval all over again so make sure you could handle that, explains a top mortgage lender in Tempe.

Work with a Local Real Estate Agent

Whether you’re looking to buy a house as your vacation home or rental property, working with a real estate agent familiar with the area you’re looking to buy a house in is immensely vital. Your agent could give accurate information on market prices, neighborhoods, as well as the benefit and drawbacks of certain properties.

What About Potential Tax Implications?

For instance, if you’re planning on using your second home as a real second home, you might be entitled to a deduction on your property taxes and mortgage interest, which are the same tax breaks you enjoy by owning your first house. Also, if you’re planning on renting out your second house, you’d need to consider the tax consequences especially if you want to rent out the house for more than 14 days in a year.

Don’t Forget About Extra Costs

If you’re going to utilize your second home as a real home or vacation home, you still need to consider that you probably won’t be staying in it for most of the time, so you need to factor in extra costs like utility bills and a property manager to check your home when you’re away. Likewise, if you want a house near the water, you’ll probably be required to have flood insurance coverage, on top of your standard home insurance.

Purchasing a second home could very exciting, but it could likewise be complicated and time-consuming. With proper planning, advance preparation, some forethought, and help from professionals, you could make a more informed decision that won’t put your finances in a tight spot.

3 Money Habits That Can Hurt Your Mortgage Application

Categories: Finance Online
Comments Off on 3 Money Habits That Can Hurt Your Mortgage Application

A Mortgage ApplicationWhen you are planning investments, making your budget or just spending it somewhere, it’s essential that you do every transaction with due diligence. Whether you are spending your money using your credit card or just taking cash out-of-pocket, Altius Mortgage Group notes that you must also think about how your spending habits can affect your future financial situation.

Remember, the way you handle your finances can either boost your chances or rather jeopardize your mortgage approval. Below, see some of the money habits that can hinder you from accessing a home loan.

1. Making late payments

Sometimes things can get out of hand pretty fast, only to find yourself in a bad financial situation. You will have no choice but to postpone your mortgage loan payments to your lender in Utah or elsewhere.

This is normal, and when you explain yourself to your lenders, most of them will understand. However, a repeated pattern of late payments raises a red flag to the lenders, and they will want to avoid such borrowers.

2. Maxing out your credit accounts

If you shop with credit cards, you need to be careful. If you use them and ensure the balances are paid in time, the better. The problem comes in when you use every credit up to the maximum limit only to make minimum payments every month. This can hurt your overall credit report and eventually affect your future borrowing.

3. Applying for more credit

There is no sense in opening so many credit accounts when you don’t even need the money. To the lenders, you are a business risk if you have too much debt in your name.

Also, another critical thing to mention is applying for a loan from every other lender after one rejects your application. This can significantly lower your credit score and eventually deny you access to investment funding such as mortgages.

The bottom line is that there is no need to apply for a loan when you don’t need the money. It doesn’t just rack up debt burdens for you, but might also affect your future investment opportunities.

Packing Ideas for an LDS Israel Tour

Categories: The Holidaymaker
Comments Off on Packing Ideas for an LDS Israel Tour
Touring the Holy Land

Touring the Holy LandVisiting the holy land is on every Mormon’s bucket list. A trip to Israel gives you a rare opportunity to experience the Bible and walk in Jesus’ footsteps. It might be a bit overwhelming for you to make a successful trip on your own

A travel agency explicitly experienced in LDS tours will, however, make this trip worthwhile, inexpensive and fun for you. After getting a reliable travel agency for your LDS Israel tour with Cruise Lady, what you should bring along for your trip might be the next challenge.

It will seem like everything is important, but this is not so. Here is a guide to guarantee you pack all the essential items for a spiritually nourishing and fun-filled tour.

Spiritual Items

You cannot afford to visit Israel without your Bible. As most of the places you will visit have limited shade, paperback scriptures might be challenging to read. It might be more convenient to have a scripture app on your phone and bible video apps for your kids to follow throughout the tour.

Footwear

A pair of lightweight sneakers will come in handy when visiting very dusty regions, such as Petra. Walking sandals will suffice for other areas since the general climate for most of the year is hot. You should also pack slip-on shoes for temple visits and use in airports.

Clothes

Long loose skirts and pants are practical when touring the citadel and temple mount. Loose-fitting short and long-sleeved tops, lightweight scarves and sunglasses are also essential to protect you from sunburns. Don’t forget hats and caps to protect your hair from the wind.

Even as you pack the above items, do not forget to leave room in your suitcases. There are so many souvenirs at reasonable prices to buy in Israel. With the right gear and travel agency, your tour will genuinely prove to be a dream-come-true.

Obesity: Causes and Treatments

Categories: Serves You Right
Comments Off on Obesity: Causes and Treatments
Woman squeezing tummy fat

Woman squeezing tummy fatObesity is one of the most potent risk factors for developing diseases of the heart, liver, and kidney. Statistics show that obesity is linked to a sevenfold increase in the incidences of heart disease in the United States. Since this condition leads to high blood pressure and heart failure, early treatment plays a pivotal role in reducing mortality. Thus, physicians recommend immediate therapy in clinics such as Revere Health.

What Causes Obesity?

Obesity is a multifactorial disease that occurs due to several genetic, environmental, and psychosocial factors. Since the body has to maintain a balance between food consumption and metabolism, a change in either factor might trigger obesity. The two primary causes of obesity include overeating and a sedentary lifestyle. Other factors such as family history, medication intake, and stress can predispose you to develop obesity.

What Diseases Increase my Risk of Developing Obesity?

Obesity is associated with several conditions such as hypothyroidism and insulin resistance. Hypothyroidism is a disease wherein your thyroid gland produces low levels of thyroid hormones, which leads to a decreased metabolic rate. Insulin resistance, which causes Type II diabetes, impairs glucose absorption and distribution, resulting in the accumulation of sugar and fat.

How Is Obesity Treated?

Obesity is a chronic condition that requires several therapeutic interventions to ensure weight maintenance. Your physician will devise a plan to help you achieve your ideal weight or body mass index (BMI). Treatment plans focus on proper nutrient distribution and the prevention of overeating. This will prevent nutritional impairment and electrolyte imbalances.

Overall, the number of obese individuals has been rising over the past two decades. Therefore, it is crucial to visit a specialist who will recommend fitness programs to improve your quality of life.

First Time in Manila? Here’s How to Go About the City

Categories: Serves You Right
Comments Off on First Time in Manila? Here’s How to Go About the City
Luneta Park Manila

Luneta Park ManilaMetro Manila is, without a doubt, one of the cities to look out for due to its growth as a tourist spot. This makes sense, considering that the city is home to a broad range of different cultural and historical sites.

Whether you’re visiting Chinatown, Intramuros, or Mckinley Hill, it’s important to know the streets or ask for help from those who do. Here are some tips to get you started:

Vehicle Rentals

Sedan rental in Manila comes in handy if you're a tourist with zero knowledge of the city. Like most car rental services, the drivers operating the vehicle are normally locals who are familiar with the city’s ins-and-outs. This means you can ask them for information about directions, traffic times, or a landmark that you happen to pass by.

Hotel Receptionists

While you’re staying at a hotel, it’s also practical to seek help from a hotel reception for helpful tips. If you’re clueless about what to include in your itinerary, or which routes to take, the front desk could give recommendations.

Traffic Officers

If you’re on the road, you could also ask help from traffic officers. Because they're trained to direct traffic and pedestrians; they are also familiar with certain streets, traffic times, and easy routes.

Locals

Feel free to ask the locals themselves. Most Filipinos understand and speak English, so it should be easy to approach one to get an insight or instructions regarding your destination. But due to the availability of help from car rental drivers, hotel receptionists, and traffic officers, you wouldn't normally need to engage with the locals.

Metro Manila is characterized as an urban jungle with busy thoroughfares, patches of greenery, soaring skyscrapers, and an assortment of tourist spots. If it’s your first time visiting Manila, make sure you have the right help to make the most of your trip.