Auto insurance can include a wide range of coverage, from liability-only to coverage that will fix the smallest dent or scratch on your car's paint job. With auto insurance being required by law in many places, you may be confused as to what kind of coverage you need. This article will explain the basics and help you learn what you need to know about car insurance. Being a careful driver can really save you money on insurance. Obviously, insurers would rather insure good drivers and will provide lower rates for good drivers, but did you know that causing an accident can make your insurance rates nearly double? It is abundantly clear that driving safely is one of the best ways to keep your insurance rates low! To get the most for your money when pricing automobile insurance, be sure to consider the extras that are included with some policies. You can save on towing costs with emergency roadside assistance that is included by some insurers. Others may offer discounts for good drivers or including more than one car on your policy. A simple way to save a bit of money on your auto insurance, is to find out whether the insurance company gives discounts for either paying the entire premium at once (most will give you a small discount for doing this) or taking payments electronically. Either way, you will pay less than shelling out each month's payment separately. One of the best ways to get great deals on automobile insurance is to speak to someone in person or at least on the phone. Insurance is automated and very easy to get online, but actually speaking with someone allows for the back-and-forth Q "�n' A session that may introduce you to some discounts you did not previously know about. It is vital that when making an automobile accident claim, that you have all the information available for the insurance company. Without it, your claim may not go through. Some things you need to have ready for them include the make and year of the car you got into an accident with, how many people were in each car, what kinds of injuries were sustained, and where and when it happened. Know different coverage options, and check to be sure your insurance provides the best coverage. Liability is important both for damage you cause to other people, and damage you cause to yourself or your own property. Other types of coverage that you need include protection from uninsured drivers and damage from fire or other disasters. With many insurance companies, teenagers have to pay more for auto insurance. This is because they are considered to be high risk drivers. In order to make auto insurance more affordable for teenagers, it may be wise to put them on the same insurance as a more experienced drive, such as their mother or father. You might be able to save on auto insurance by obtaining a bundled insurance package. Search for these types of offers, especially those that bundle auto and homeowners insurance. Ensure you are paying an affordable rate for good coverage as sometimes two sets of insurance is the better option. Write down a list of each discount your insurance company offers. Go through that list and put a check mark next to any that apply to you. You might be surprised at how much you can save by claiming discounts. If you want to avoid paying a high premium, don't drive a flashy car. Sports cars and other high performance vehicles, often have premiums that are two or three times larger than that of a standard car. You should also research commonly stolen vehicles and be sure to avoid them. Most insurance companies will charge significantly more to insure these types of cars. When you go hunting for car insurance bargains, do not neglect your employer as a potential source of discounts. Many companies - even relatively small ones - have arrangements with insurers to get volume discounts for their employees. If your employer has such a program in place, you might realize significant savings by taking advantage of it. To ensure you continue to get the best possible car insurance, it is wise to do a little comparison shopping against your current policy from time to time. Doing this about a month before your policy renews is a great strategy. This allows you to take advantage of a better offer or use it to negotiate a new rate with your current insurer. When trying to get affordable auto insurance, keep in mind your state's minimum liability coverage requirements. You need to know what minimums to obtain so that you can get a policy that matches these particular minimums. You can find a list of your state's minimums at your state's insurance commissioner's website. Consider switching your current insurance to a lower coverage policy to save a few more dollars. Depending on your state's insurance requirements and if you are leasing or renting to own a vehicle, you may be able to lower your insurance coverage to save a little extra money each month. If you finance your vehicle, your lender may have requirements governing the level of auto insurance you must maintain during the duration of the loan. Generally, the requirements relate to how high you can have your deductible. Check with your lender before signing a new policy to avoid any conflicts. Ask your auto insurance company if they will give you a discount, due to whatever your chosen profession is. Some companies give rate discounts to customers who work in certain fields because they feel that you are a lower risk, due to your skills or the way that you may live your life. You can protect your car, yourself, and your passengers with the right car insurance coverage. Without it, you could find yourself in serious debt should an accident occur, and possibly even on the wrong side of the law. With the knowledge you have gained from this article, you are now well prepared to look for car insurance.
Auto insurance can include a wide range of coverage, from liability-only to coverage that will fix the smallest dent or scratch on your car's paint job. With auto insurance being required by law in many places, you may be confused as to what kind of coverage you need. This article will explain the basics and help you learn what you need to know about car insurance. Being a careful driver can really save you money on insurance. Obviously, insurers would rather insure good drivers and will provide lower rates for good drivers, but did you know that causing an accident can make your insurance rates nearly double? It is abundantly clear that driving safely is one of the best ways to keep your insurance rates low! To get the most for your money when pricing automobile insurance, be sure to consider the extras that are included with some policies. You can save on towing costs with emergency roadside assistance that is included by some insurers. Others may offer discounts for good drivers or including more than one car on your policy. A simple way to save a bit of money on your auto insurance, is to find out whether the insurance company gives discounts for either paying the entire premium at once (most will give you a small discount for doing this) or taking payments electronically. Either way, you will pay less than shelling out each month's payment separately. One of the best ways to get great deals on automobile insurance is to speak to someone in person or at least on the phone. Insurance is automated and very easy to get online, but actually speaking with someone allows for the back-and-forth Q "�n' A session that may introduce you to some discounts you did not previously know about. It is vital that when making an automobile accident claim, that you have all the information available for the insurance company. Without it, your claim may not go through. Some things you need to have ready for them include the make and year of the car you got into an accident with, how many people were in each car, what kinds of injuries were sustained, and where and when it happened. Know different coverage options, and check to be sure your insurance provides the best coverage. Liability is important both for damage you cause to other people, and damage you cause to yourself or your own property. Other types of coverage that you need include protection from uninsured drivers and damage from fire or other disasters. With many insurance companies, teenagers have to pay more for auto insurance. This is because they are considered to be high risk drivers. In order to make auto insurance more affordable for teenagers, it may be wise to put them on the same insurance as a more experienced drive, such as their mother or father. You might be able to save on auto insurance by obtaining a bundled insurance package. Search for these types of offers, especially those that bundle auto and homeowners insurance. Ensure you are paying an affordable rate for good coverage as sometimes two sets of insurance is the better option. Write down a list of each discount your insurance company offers. Go through that list and put a check mark next to any that apply to you. You might be surprised at how much you can save by claiming discounts. If you want to avoid paying a high premium, don't drive a flashy car. Sports cars and other high performance vehicles, often have premiums that are two or three times larger than that of a standard car. You should also research commonly stolen vehicles and be sure to avoid them. Most insurance companies will charge significantly more to insure these types of cars. When you go hunting for car insurance bargains, do not neglect your employer as a potential source of discounts. Many companies - even relatively small ones - have arrangements with insurers to get volume discounts for their employees. If your employer has such a program in place, you might realize significant savings by taking advantage of it. To ensure you continue to get the best possible car insurance, it is wise to do a little comparison shopping against your current policy from time to time. Doing this about a month before your policy renews is a great strategy. This allows you to take advantage of a better offer or use it to negotiate a new rate with your current insurer. When trying to get affordable auto insurance, keep in mind your state's minimum liability coverage requirements. You need to know what minimums to obtain so that you can get a policy that matches these particular minimums. You can find a list of your state's minimums at your state's insurance commissioner's website. Consider switching your current insurance to a lower coverage policy to save a few more dollars. Depending on your state's insurance requirements and if you are leasing or renting to own a vehicle, you may be able to lower your insurance coverage to save a little extra money each month. If you finance your vehicle, your lender may have requirements governing the level of auto insurance you must maintain during the duration of the loan. Generally, the requirements relate to how high you can have your deductible. Check with your lender before signing a new policy to avoid any conflicts. Ask your auto insurance company if they will give you a discount, due to whatever your chosen profession is. Some companies give rate discounts to customers who work in certain fields because they feel that you are a lower risk, due to your skills or the way that you may live your life. You can protect your car, yourself, and your passengers with the right car insurance coverage. Without it, you could find yourself in serious debt should an accident occur, and possibly even on the wrong side of the law. With the knowledge you have gained from this article, you are now well prepared to look for car insurance.
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Relationship Goals?? Kaesang Pangarep Ungkap Perlakuan sang Kekasih Padanya

Forex Trading - Lots, Margin Accounts, and Leverage

Before the advent of the Internet, FOREX trading was the exclusive domain of the "big players." Only banks and other large financial institutions with millions of dollars to "play" with could qualify. But now, the Internet has made it available to everyday people and we can trade with very little money through online FOREX trading firms-brokers and dealers. If you have a computer, a high-speed Internet connection, and a little money to "play" with, you can become a FOREX trader, especially if you know how to use leverage to your advantage. That is what this article is about. NOTE: I also, briefly, covered "lots" and "margin accounts" in How The Foreign Exchange Market (Forex) Works. If you have not read that article, it would be good to do so now. (It is in 3 parts so be sure to start with Part 1.) Now, let's get into Lots, Margin Accounts, and Leverage more fully to show you why trading in lots is so important and how trading in lots with leverage makes it possible to earn high profits. Remember these four things: Currencies are measured in PIPS, which is the smallest increment of a currency exchange rate. NOTE: If you don't know what PIPS are, you may want to read my article What Are Pips? before continuing. Spot FOREX is traded in lots. The size of a standard lot is US$100,000 and the size of a mini lot is US$10,000. Margin accounts give traders tremendous leverage. To take advantage of the small monetary increments represented by pips, a trader must trade large amounts of a currency in order to realize any significant profit potential. This is where leverage comes in. Remember, in FOREX, traders can trade large amounts of currency with relatively small amounts of capital by using the leverage they have with their margin accounts. IMPORTANT NOTE: It is not necessary to do the following calculations yourself in order to trade FOREX because your broker will do them for you, automatically. This section is here for educational purposes in case you simply want to understand the math behind it all. It is important to know that your broker will show you the pip value for the currency you are trading in real time. First, calculate pip values: For these examples, we will use a $100,000 lot size. USD/JPY at an exchange rate of 119.90 (.01 / 119.80) x $100,000 = $8.34 per pip) USD/CHF at an exchange rate of 1.4555 (.0001 / 1.4555) x $100,000 = $6.87 per pip) When the US Dollar is not quoted first, the formula is different. EUR/USD at an exchange rate of 1.1930 (.0001 / 1.1930) X EUR 100,000 = EUR 8.38 x 1.1930 = $9.99734 rounded up will be $10 per pip) GBP/USD at an exchange rate or 1.8040 (.0001 / 1.8040) x GBP 100,000 = 5.54 x 1.8040 = 9.99416 rounded up will be $10 per pip.) Calculating profit and loss In this example, you will buy US dollars and Sell Swiss Francs The rate you are quoted is USD/CHF 1.4525 / 1.4530 (The first part of the quote is the bid price and the second part is the ask price.) Because you are buying US you will buy at the ask rate of 1.4530, which is the rate at which traders are prepared to sell. You buy 1 lot of $100,000 at 1.4530. Later, the price appreciates to 1.4550 and you decide to close your trade. The new quote for USD/CHF is 1.4550 / 14555. You initially bought the pair to enter the trade, but now since you are closing the trade you must sell the pair at the bid price of 1.4550 (The price at which traders are prepared to buy.) Since the difference between 1.4530 and 1.4550 is .0020 (20 pips), using our formula from before, we now have (.0001/1.4550) x $100,000 = $6.87 per pip x 20 pips = $137.40. You have earned a profit of US$137.40. NOTE: When you enter or exit a trade, you are subject to the spread (the difference between the two quotes) in the bid/ask quote. This is how brokers are paid for their services. You buy a currency at the ask price and you sell a currency at the bid price. Further, when you buy a currency, you pay the spread as you enter the trade-not as you exit. Conversely, when you sell a currency you don't pay the spread when you enter but only when you exit. More about leverage and margin accounts You get leverage when you open a margin account. The topic of margin accounts is sometimes controversial because using too much margin can be very risky. However, it all depends on the individual trader. The important thing is to make sure you understand your broker's margin account policies so you can correctly assess the risk. Leverage gives small investors and large investors, alike, the ability to trade large amounts of money with small amounts of money. For example, if you choose to trade with a 1% margin account, you will be able to trade $100,000 in currencies with a $1,000 deposit. This is how leverage works in the FOREX market. As you will learn later when you look at different brokers, the amount of leverage available to you depends on the policies of the brokers. Brokers require a minimum account size, which is also known as account margin or initial margin. They also specify how much is required per position (lot) traded. The minimum security (margin) for each lot may also vary from broker to broker. Margin Call If the money in your account falls below margin requirements ( also called "usable margin"), your broker will close some or all of your open positions. This prevents your account from falling into a negative balance. It is a safety mechanism. Example 1 You open a FOREX account with $2,000. You then initiate a 1 lot trade of the EUR/USD pair, which has a margin requirement of $1000. "Usable Margin" is the money available to open new positions or sustain trading losses. In this case, since you started with $2,000, your usable margin is $2,000. But when you opened the 1 lot trade with a margin requirement of $1,000, your usable margin changed; It is now $1,000 ($2,000 - $1,000 = $1,000). In this example, if your losses exceed your usable margin of $1,000 you will get a margin call. Example 2 You open a FOREX account with $10,000. You then initiate a 1 lot trade of the EUR/USD pair, which (again) has a margin requirement of $1000. Remember, usable margin is the money you have available to open new positions or sustain trading losses. So prior to opening the 1 lot trade, you had a usable margin of $10,000. After you open the trade, you have a $9,000 usable margin and $1,000 of used margin. In this case, you will not get a margin call unless your losses exceed your usable margin of $9,000. If because of trading losses, the equity (the value of your account) falls below your usable margin, you will either have to deposit more money or your broker will close your position to limit both your and his. Therefore, you can never lose more than you deposit. Again, it is a safety mechanism. IMPORTANT: Be sure you know the difference between usable margin and used margin. Also, learn what your broker's margin account policies are before you open one. NOTE: Most brokers require a higher margin during the weekends. For example, a 1% margin during the week may rise to a 2% or more margin if you hold the position over the weekend. Check your broker's policy on this. ANOTHER NOTE: While some brokers define leveraging in terms of a "leverage ratio", others define it as a "margin percentage." For clarity, the relationship between the two terms is: Leverage = 100 / Margin Percent Margin Percent = 100 / Leverage (To keep it simple: Leverage is conventionally displayed as a ratio, such as 100:1 or 200:1.) Now, you know how you can use relatively small amounts of capital to buy and sell relatively large amounts of currencies. It's all about leverage! Find a money-making Forex strategy at [http://bestforexstrategies.com]. While you're there, be sure to checkout the other free Forex articles, forex strategies, software, signals and books. Whether you are an experienced Forex trader, a novice, or you don't have a clue, Best Forex Strategies is designed to help you make money in Forex trading. Article Source: http://EzineArticles.com/2721274





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