10 Ways To Save On Car Insurance

For most people car insurance is a the single largest insurance expense after health insurance. Rates are high and are forever climbing, at least it seems that way. You can save money on your car insurance premiums by following these easy to implement steps.

1. Shop Around. Yes, it pays to shop and compare. Regulatory changes at the state level may have encouraged new companies to jump into the market, thereby increasing competition and reducing rates for consumers.

2. Raise Your Deductible. A $200 deductible sounds wise until you learn that the cost for having a deductible at this threshold can drive your rates through the roof. Consider a deductible as high as $1000 to save on premiums. You can always fix minor mishaps on your own.

3. Drop Collision. If your automobile is worth less than two or three thousand dollars, consider dropping collision altogether. Sure, you will get nothing from your insurer if your car is totaled, but the savings you realize by dropping collision can be used as a down payment for your next car.

4. Look For Discounts. If your car has certain safety features, make sure that your insurer is aware of this. Older cars, for the most part, do not have air bags but if you have a model that has airbags, you will save money on your insurance.

5. Business Deduction. If you drive your car for business, a portion of your insurance costs may be deductible. Conversely, your rates may be increased if your insurer knows that you use your car more for business than pleasure.

6. Combine Policies. Purchase your homeowners, auto, and life insurance policies from the same broker and you may save on your premiums. Some insurance companies reward policyholders if they one-stop purchase all of their insurance needs through one company.

7. Consider Before You Buy. The Porsche Boxster may be your ideal car, but it could also sharply raise your insurance rates. Maybe a less sporty model would be ideal.

8. Drivers Ed Course. You may have taken a drivers education course and your insurance company has not factored that in when determining your premium. Let them know that you are a safe driver!

9. Deleted Points. If you had moving violations that were reported to your insurance company, make sure that your insurer adjusts your premium downward if several years have gone by since the occurrence. You could be paying a premium higher than you deserve.

10. Check Your Policy. If the insurer has the wrong address, town or zip code on your policy you could find yourself paying more than you should.

Reducing your car insurance costs should not be an impossible feat. By following these steps you should realize some savings the next time your policy comes up for review.

Hyperspectral Imaging for Hydrocarbon Intensity: No Ritalin Needed!

I have heard in my travels across the midwest the word “Doodlebugger”, a quack who professes to be able to mysteriously find oil. As I research new methods to help find oil, I am always skeptical, but recently came across technology that seems very promising: Hyperspectral Imaging.
So what is hyperspectral imaging? In layman’s terms it measures the elemental signature at the earths surface. From data collected from satellites, the earth’s surface is portrayed in millions of different colored pixels. Each pixel is a fingerprint of the chemical elements and molecular compounds found. Studies have shown that hydrocarbon seepage can be found at the earths surface and creates what we view as “hotspots” that warrant further analysis. This technology up until recently was only used by the big boys in the oil industry, but now can be reasonably added to an exploration budget of most small indepedent oil explorers.

My company, Dynamic Natural Resources and Hughes Energy, Fairfield-IL, plan on utilizing hyperspectral imaging in upcoming months. We will create a 2 mile by 2 mile snapshot of the area we are prospecting. Once we have attained the hotspots, we will utilize “side looking airborne radar” to locate the main fractures. Overlaying the fracture map and the “hotspots”, give us a fantastic starting point for further research.

When a hotspot and multiple fractures converge this creates the perfect environment for an accumulation of oil. More fractures create voids and higher permeability, thus more areas for oil to accumulate.
To further confirm our findings, we then utilize geochemistry. As oil and gas vertically migrate to the surface over millions of years they change the soil, plants, and water. Where oil seeps, bacteria live in the soil and “feed” on the hydrocarbons. Soil samples can show us where the bacteria are concentrated and these results can be put into a computer to be graphically displayed on our maps. Also, bacteria resperate CO2 when they feed on the hydrocarbons and we will test for higher concentrations.

I can’t explain the chemistry behind the next geochemical test, but iodine has been a reliable indicator of hydrocarbon intensity. We measure via soil samples and map using gps coordinates. The high concentrations also validate our thesis of oil seepage.

Last but not least, we will utilize soil gas analysis. Gas is made up of mostly methane and oil mostly pentane and butane. We can find some of the large microseepage using this technique and the ratio of oil/gas.

I am confident that utilizing cutting edge technology will allow us to have above average success in the field. Remember, oil well investing always carries risk even when you find the oil.

In future articles, I will be interviewing various explorers that have utilized these technologies and updating readers on our progress in the field.

Prepaid Credit Cards Disadvantages

For all the advantages that you are offered by using prepaid credit cards, there are some disadvantages you need to be aware of. In this article I will go over these, and this should help you make better decisions when using these cards.

When using prepaid credit cards online, it is important to be aware of where you are shopping. Some sites will scam you, and you may find yourself paying for products or services which you never receive. Shopping online with a prepaid credit card can put you at risk for these types of scams.

When you go out shopping, it is important to check the balance of your card to make sure you have enough to get what you’re buying. You don’t want to stand in a long line waiting to buy something just to get to the cashier and realize you don’t have enough money.

This will frustrate and humiliate you. One of the disadvantages to using prepaid credit cards is unlike cash, there is no way for you to look in your wallet to figure out how much you have to spend. It is important go online and check your balance and transactions.

Another disadvantage to using prepaid credit cardsis that many places and shops do not accept them. This is especially true when traveling to other countries, which may have cash based societies. Small restaurants and shops in foreign countries may only accept the local currency.

Because of this, it is important to carry around small amounts of cash at all times when traveling. Another problem with prepaid credit cards is the potential for abuse by merchants. Many people have complained that when they make a purchase at a restaurant or store, the merchant takes out more money than they’re supposed to.

This doesn’t happen with cash, because when you pay with cash merchants aren’t allowed to have access to your account. The best way to avoid this is to only shop at reputable locations, and check your balance immediately after making transactions. Sometimes mistakes do happen, and it is important for you to catch them as soon as possible.

The last issue that could be a problem when using a prepaid credit card is not being able to access your own money. Some people are frustrated to find that they are not able to withdraw their money from ATM machines when they need it the most. While this doesn’t happen often, it is another good reason to carry some cash at all times.