MiraCosta College Business Department

Accounting, Business Administration, Real Estate

TOP 10 AUTO INSURANCE TIPS

1.      Compare Rates for Various Cars
Once you have identified two or three cars that you think you can afford and will fulfill your needs, call your current insurance (or a new insurance company) to compare premiums for the cars. Car insurance costs vary because of the safety record, repair costs and likelihood of theft as well as the price of the car.

2.      Avoid Gaps in Coverage
If you are switching policies, make sure you are completely covered at all times. If you let your insurance coverage lapse by forgetting to make the premium payments, your rates are likely to be increased.

3.      Maintain Good Credit
Insurance companies typically check your credit score when determining your insurance rates because they have found a correlation between bad credit and the likelihood of making a claim.

4.      Drive Less
Many companies offer a low-mileage discount for drivers who have a short commute or drive few miles each year.

5.      Request a High Deductible
One of the easiest ways to reduce your car insurance premiums is to increase your deductible. Just make sure you have the funds to pay the deductible if you get in an accident.

6.      Claim all Your Discounts
If your car has extra anti-theft or safety features such as anti-lock brakes, most insurance companies will give you a discount on your premiums. You may also be eligible for a discount if you have taken a defensive driving class or, if you are a student, you have good grades.

7.      Drive Safely
Of course you should drive carefully to avoid accidents and tickets anyway, but bad driving can also raise your insurance rates or even lead to a nonrenewal of your policy. While too many speeding tickets can cause a problem, causing an accident will typically raise your insurance costs by as much as 40%.

8.     Consider Moving
While this may be a bit drastic, auto insurance rates vary widely from one location to another because of the likelihood of an accident or a theft. In general, car insurance rates are lower in rural areas, so you may want to look into the potential for higher or lower insurance rates if you are thinking of moving.

9.     Work with One Insurance Company
After you shop around for insurance rates, choose one company for all your insurance needs. Most offer a discount for combining car and homeowners or renters insurance with one provider. (Before paying for coverage, find out what you need to do to ensure you get paid. See What To Do If Your Insurance Won’t Pay.)

10.  Lower Your Coverage
The Insurance Information Institute (III) suggests dropping collision and/or comprehensive insurance on older cars to save money. As a rule of thumb, III says that if your car is worth less than 10 times the premium, it may make sense to drop that coverage.

ESCONDIDO — The first Ford Mustang ever made, “midget” race cars and old-fashioned go-carts will be some of the classic cars on display during the 15th season of downtown Escondido’s Cruisin’ Grand, which begins Friday and runs through Oct. 3.

Crowds are expected to be larger than usual during this season of Cruisin’ Grand because of several new restaurants that have opened recently on Grand Avenue, the street where the weekly car show takes place.

The shows, which typically feature 400 to 500 cars made before 1974, run from 5 to 9 p.m. every Friday along Grand, from Escondido Boulevard to Juniper Street.

“We’re expecting more than 10,000 people for opening night,” said Steve Waldron, who co-founded the event and still organizes all of the shows. “It’s going to be great.”

More at…http://www.utsandiego.com/news/2014/apr/01/escondido-revs-up-for-cruisin-grand-shows/

Success of the annual music marathon in Indio has inspired the launch of numerous other festivals, many hoping to emulate Coachella’s winning ways.

Multiday annual rock festivals were few and very far between in the United States when the Coachella Valley Music & Arts Festival was launched in Indio — with a resounding thud and a major financial loss — in 1999.

Produced by Los Angeles-based Goldenvoice, the first Coachella drew barely 10,000 people to Indio when the two-day fete debuted there on the grassy grounds of the Empire Polo Club. It incurred a loss of at least $750,000 (a significant sum for an independently produced event) and did not return until 2001, after Goldenvoice partnered with AEG (which now owns a controlling interest in Valley View Casino Center and exclusively books the Humphreys Concerts by the Bay series). Not until 2003 did Coachella first turn a profit.

More at… http://www.utsandiego.com/news/2014/apr/06/coachella-inspires-launch-of-many-more-festivals/

Property owners in San Diego County have until April 10 to pay the second installment of their 2013-14 property tax bill.

As of Thursday, only 30 percent of county property owners had paid their second installments, meaning there are still about 590,000 bills outstanding, according to the county treasurer-tax collector. Those who don’t make the deadline will be deemed delinquent and charged a 10 percent penalty and a $10 fee.

Property owners can pay online, by phone, via U.S. mail or in person.

Those who wish to pay online can do so at www.sdtreastax.com, with a free e-check program that includes payment credited on the date of submission. That’s unlike scheduling a payment through a bank, which can take 10 business days. Credit cards are also accepted online, but they include a convenience charge. Payments can be made by phone at (855) 829-3773.

More at…http://www.utsandiego.com/news/2014/mar/28/property-tax-real-estate-housing-installment-due/

Best Undergraduate Business Schools

University of Notre Dame

University of Virginia

More at…http://www.businessweek.com/bschools/rankings#5

For 2013 and 2014, the maximum you can contribute to all of your traditional and Roth IRAs is the smaller of:

  • $5,500 ($6,500 if you’re age 50 or older), or
  • your taxable compensation for the year.

The IRA contribution limit does not apply to:

Claiming a tax deduction for your IRA contribution

Your traditional IRA contributions may be tax-deductible. The deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels.

More at…http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-IRA-Contribution-Limits

The ballpark partners with Rimel’s, The Baked Bear, Lucha Libre and more

http://www.utsandiego.com/news/2014/mar/21/petcopark-food-2014/

 

All I Want for Christmas is the Manual

For many people, the holiday season has two parts: “I’d like to read the manual before I buy this gadget” and “I can’t find the manual and now I need to find it online.” My buddies at Retrevo have come to the rescue by compiling a database of manuals. http://www.openforum.com/idea-hub/topics/managing/article/all-i-want-for-christmas-is-the-manual-guy-kawasaki

20 Things You Should Never Buy Used

Cribs, Car seats, Bicycle helmets, and more. Go to….

http://money.usnews.com/money/personal-finance/slideshows/20-things-you-should-never-buy-used/

 

Shaking off an autumn lull, San Diego County’s housing market returned to brisk price appreciation in January, posting its biggest gain for that month since 2004, according to the S&P/Case-Shiller index. The price index increased 0.6 percent in January from December, compared to a decline of 0.1 percent the previous month. On a seasonally adjusted basis, January’s increase of 1.8 percent was the highest monthly price gain in the 20 U.S. cities measured by S&P/Case-Shiller, which is considered highly accurate because it captures repeat sales of identical homes. San Diego posted the nation’s most improved year-over-year performance, at least from a seller’s perspective: January’s average was 19.4 percent higher than the same month in 2013, up from 18 percent in December. However, various indicators suggest that the housing market is unlikely to soon return to the 20 percent-plus price growth … http://www.utsandiego.com/news/business/real-estate/