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Is There A Grace Period For Car Insurance When Buying A Used Car?

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StrategyDriven Risk Management Article|Car Insurance|Is There A Grace Period For Car Insurance When Buying A Used Car?Car insurance policies are necessary to have if you want to legally drive a car. Every state has its law on car insurance policies. Some states require you to only have liability insurance to drive a car. Some states require you to get a personal injury protection plan as well, while some require you to get uninsured motorist coverage as well.

When it comes to new cars that you buy from dealerships, you cannot skip the mandatory auto insurance policies in this case. You’ll have to show the dealership proof of insurance (that you own liability insurance, personal injury protection, etc) to get the keys to the car.

But what about used cars? Cars that you buy from private sellers who are not at all enthusiastic about checking your auto insurance policies? Do you need auto insurance policies in that case? Is there a grace period for car insurance when buying a used car? We’ll describe in detail everything you need to know about it, along with ways you can save money on auto insurance policies.

Car Insurance for Used Cars

While new cars when bought directly from dealerships require you to have all the necessary auto insurance policies before they let you take the car. Driving any vehicle without the proper insurance is illegal and will get you both legal and financial issues.

The same goes for used cars. No matter how you buy the car, either from the dealership or from a private seller, you’ll need to have all the mandatory auto insurance policies to drive the car. The only difference when buying a used car is that you do not need any proof of insurance.

Is there a Grace Period for a Used Car’s Auto Insurance?

There are two cases to consider when someone buys a used car. The first is when the used car is the first and only car the person owns. The second case is when the person already has a car and buys a second, used car. Let’s see what is to be done in both cases.

If the used car is going to be the first car, then make sure you buy all the important car insurance policies before you get the car. While you can get and drive the car without the policies, if you get in a car accident, you might face legal action, as well as pay hundreds of thousands of dollars for the cost of the accident.

There is no difference in the requirement and process of getting car insurance between used cars and new cars. There might be some differences in the cost of the policies, but the other process remains the same.

There is no grace period for insurance for buying your first car, be it a new car or a used one. But that’s not the case for buying a second, used car when you already have an auto insurance policy.

When you already have auto insurance and you buy a used car, you’ll have to add the car to your auto insurance policy. This is where grace periods come in. Depending on the state you live in and your car insurance company, the grace period could be anywhere between 7 days to a month.


No matter how many days your car insurance provider allows you to have before registering the car to the policy, it is never safe to drive a car without liability insurance, collision insurance, and other important auto insurance policies.

So the first thing you should do after getting the keys to your used car is add it to your car insurance policy. You’ll need to submit some information about the car and its usage to the car insurance company. This includes:

  • Price of the car
  • Vehicle Identification Number
  • Make and model of the car
  • Safety features such as ABS, ESP, etc
  • Mileage of the car

Price Hike

Depending on the car insurance company, the type and model of the used car, and the state you live in, the price hike after adding the used car to your policy can vary. Adding another car to your policy will increase the rates, no matter what.

Looking at the average, you can expect the price hike to be somewhere around $1,000 to $1,500 per annum. This means that you’ll need to pay an extra $100 for the added car. If you want to save money while getting the security of auto insurance policies, there are some ways you can reduce this damage to your wallet.

Firstly, make sure you choose the right car insurance company. Based on the state you live in, find the most affordable and best-rated auto insurance provider. For example, if you live in Nevada, look for the best Nevada car insurance company that has great coverage options.

Another great option that must be considered is pay-per-mile or usage-based auto insurance policies. These car insurance policies are great for secondary cars that are not driven too much. If you intend to use the second car only occasionally, then get a usage-based car insurance policy.

In usage-based car insurance, which includes all the mandatory insurance policies such as liability coverage, personal injury protection plan, etc, your premium rates are calculated based on how many miles you drive your car.

A base rate is first calculated by factoring in your driving record, age, gender, make and model of the car, etc. This base rate is then multiplied by your monthly mileage and you get your premium rates.

As you can guess, usage-based insurance is great only if your monthly mileage is low. If you drive a lot, usage-based insurance can be very expensive, more expensive than general car insurance policies. So first calculate the estimated monthly mileage of your before you buy this policy.

That was all about the grace period given by the car insurance company for adding used cars. Contact your insurer to find out their grace period. Even though you have a grace period, we recommend adding your car to the policy as soon as possible.

Simple Ways To Increase Your Brands Reach Online Today

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StrategyDriven Online Marketing and Website Development Article|Brand Reach|Simple Ways To Increase Your Brands Reach Online TodayWhen you build your own brand, such a large amount of time, energy and money are at stake. You have to ensure that you push your brand to the top of the market, attracting enough customers while making enough profit to warrant your constant dedication.

Fortunately, figuring out how to increase your brands reach so that you can attain the attention you deserve doesn’t have to be a difficult task. This guide contains some of the simplest steps that you can utilize to ensure that your organization can make a name for itself and develop a strong, positive reputation in no time at all.

So, what are you waiting for? If you are interested in finding out more, then simply read on to uncover a wealth of brand building concepts that you can utilize now.

Create A Brilliant Website

A great way to develop your online presence and reach out to a larger audience is by creating your own brilliant business website.

A business website provides you with the chance to establish yourselves on a market that is open 24/7, 365 days a year in every location across the globe. When you build a website you essentially declare a corner of the internet to be your own, providing you with the opportunity to advertise and sell your products or services on a worldwide scale.


If you are not technologically inclined then do not stress, as there are so many web development agency teams that can offer tailor made services that bring your ideas to life in no time at all. Just make sure that no matter which way you choose to design your business website, you always need to use SEO! SEO is absolutely key for all kinds of websites and online platforms seeking to build a wide audience.

Get On Social Media & Sponsor An Influencer

Getting on social media can be a brilliant way to increase your reach online, as one new method of increasing your brands reach online is sponsorship of an ‘influencer’. Influencers are social media users who have a large number of fans or followers, and when you sponsor these people all of their followers will all get to see your product or services.

Social media influencers exist on many social media sites, as well as on their own blogs and other platforms. Finding an influencer in your industry doesn’t have to be a tricky task, as you will likely begin to notice them on your feeds and explore pages as you create your own social media business profiles. Utilize the opportunity to reach out to them so they can advertise your brand for a fee, as they will be more than willing to do so.

Whether they post a picture of themselves using your product or service or write some content that speaks highly of your brand, you’ll be surprised at the amount of new customers you receive once you get the backing of one or more influencers. You can even get in contact with famous faces and celebrities to represent your brand on social media, but of course this will come with a particularly hefty price tag!

Selling Medical Devices: 5 Tips for Entrepreneurial Breakthrough Success

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StrategyDriven Marketing and Sales Article|Selling Medical Devices| Selling Medical Devices: 5 Tips for Entrepreneurial Breakthrough SuccessIt’s true, selling medical devices has the potential to bring financial freedom, but entrepreneurial newcomers sometimes have a difficult time breaking into the foray. It’s a competitive field, for sure, but with the market being large and the demand for medical devices being high, there’s no reason that forward thinking and well prepared individuals can’t make it big in this industry. Standing out in a forest full of trees isn’t always easy, so here are a few tips that can help you achieve breakthrough success.

1. Conduct Market Research

One of the absolute first things you want to do is to conduct some market research. You’ll need to figure out which medical devices and products you are going to sell. Making this choice also means that you’ll be picking a profitable niche. It is imperative to identify an underserved market, so that you’re not stepping into the most saturated areas of the market. You’ll need to read some journals to find out where medical trends are going and where they are currently to help you make an informed decision on what devices you may need contract manufacturing for.

2. Find Suppliers

Once you know what you’ll be selling, it’s time to find suppliers that have a proven track record that can deliver products on time. Since you will be buying products from the suppliers and distributing them yourself, you want to make sure that you are comfortable with your supplier and confident in their ability to provide top quality products at a price point you like. Make sure that their products are FDA approved and certified by the necessary entities. Check how long they’ve been in business and if possible ask other customers about their experiences with potential suppliers. You’ll also want to verify their payment methods and make sure that lines of communication are without barriers.


3. Establish Your Business

This tip involves the administrative things that are going to organize your business and make you a legitimate contender. Creating a business plan, setting budgets, registering your business in your state or jurisdiction and creating an online presence are just some of the things you’ll need to do to properly establish your footing as a bonafide medical device entrepreneur.

4. Market Your Business

It will be your job to market and sell the devices to hospitals, clinics, care centers and medical/dental offices. There are many ways to go about marketing, so be sure to choose the most effective strategies that are going to give you a great ROI (return of interest). Target your market as closely as you can to help streamline the process. And last but certainly not least, set an advertising budget.

5. Establish a Team

If you’re planning on making it big, you’re going to need some support. Having sales professionals on your side that are seasoned in the business and dedicated to the industry will take you far. Be sure to thoroughly vet potential employees by checking references, work history and education credentials. Clearly define roles within your organization and if you need help, hire a recruiter.

Be sure to stay organized and on top of market shifts. Some medical supplies and devices are always in demand, but there are plenty more that change fairly often. Staying with the trends and anticipating shifts are a huge part of succeeding in this business.

The Right Way to Do Dropshipping

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StrategyDriven Tactical Execution Article|Dropshipping|The Right Way to Do DropshippingDropshipping can be a lucrative business, if you know how to do it right. Instead of fumbling in the dark trying to make sense of it, here are some essential tips to getting your dropshipping business started, and started right.

1. Choose a Dropshipping Business Idea

You can’t just jump into the business thinking that you can do anything and everything. You need to pick a market to fulfill, whether it’s clothing, electronics, or any other kind of market that might interest you. Or you could broaden your horizons and be a fulfillment service shopify to cover several small markets at once. Focus on the top-selling and trendiest products to ensure that you’re always seeing product flow.

2. Do Research

Now that you’ve decided what you’re going to sell in your store, it’s important that you look at who your competitors are and how they operate. By seeing their methods, you might be able to come up with a method of your own that works a lot better and make you more successful. Finding your competitors can be as easy as the results of a search engine or browsing social media to see who the big players are.


3. Choosing A Supplier

This is a big important step in having a successful dropshipping business. Without a supplier, you have no products to move around, and you want a supplier that is going to be reliable as well. There are e-commerce platforms out there that can help connect potential supplies with your online store. Be sure that you also choose a supplier that has affordable international shipping as well so that customers can receive their products in time without having to spend a fortune.

4. Build Your E-Commerce Store

Now it’s time to put in the effort to build a store that is not only functional but also looks great. Pick a domain name that is an accurate reflection of what your online store is selling and also sounds attractive. You can choose from a variety of sales plug-ins to take care of the commerce side of your website so that you don’t have to do every transaction manually yourself.

5. Market Your Dropshipping Store

Now that everything is put together, you need to get the word out there about your store. There are several ways to do it, including having paid ads on social media sites like Facebook. They’re a great way to get the word out if you’re particularly new to advertising.
Another option is influencer marketing, which is finding influencers you trust to reach your target audience through their promotional videos and content. Of course, this requires you staying up to date with the influencers that are out there so that you know which ones are in good standing with the general public.

A lot of time and effort are required to build a dropshipping business on your own from the ground up. At times it can feel like an impossible uphill climb, but if you stick with it and put in the work, your dropshipping business can start to pay off in no time.

Want to Start a Successful Dropshipping Business? Here’s What You’ll Need to Do

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StrategyDriven Starting Your Business Article |Dropshipping Business|Want to Start a Successful Dropshipping Business? Here’s What You’ll Need to DoDropshipping is a very popular business model for beginners in e-commerce for many reasons. It allows them to start a business on pennies with no inventory. They can also fail without too many risks.

With that being said, many people get burned with this model because of false expectations. One of them is that managing this type of business is easy or that you can grow one without spending money on marketing. In this article, we’ll look at some of the things you should know and do if you want to be truly successful with dropshipping.

Some Niches are Toxic

Many people will look at niches and assume they’re good without actually knowing if they are or not. They might go into a niche like clothing for instance, not realizing how much of a pain returns can be. Or they choose to sell in a niche where people are prone to asking questions and get overwhelmed by all the customer service work they have to do.

This is why you need to start with simple niches with items that are not too personalized. Kitchenware is one example. Pet toys are another. Don’t pick a niche where minor discrepancies with images could cause problems, and don’t pick technical products unless you know about them inside and out.


You Need to Learn about Online Marketing

You cannot use the build it and they’ll come mentality when it comes to ecommerce. You also can’t expect to see people come flocking to your site because you posted a few product pics on Pinterest or Instagram. You will need to learn about things like SEO, PPC, email marketing, content marketing, and inbound marketing if you want a chance at succeeding.

SEO is the first technique you need to focus on. If you want to make things easy for you, then it could be a good idea to work from an SEO-friendly platform like Spotify. Then, consider hiring an expert to help you increase your visibility on search engines by using various techniques like link building through content marketing. If you want to learn more about the benefits of hiring a Shopify SEO expert, you can check out https://renaissancedm.com/shopify-seo-expert/.

Automation is Key

You may be able to manage your dropshipping site with an excel sheet at the beginning, but you can expect to get overwhelmed with all the orders and customer interactions after a while. You may also start struggling with invoices and tax reporting.
This is why you will need to look at and learn automation tools before you even get started. You’ll need to use a CRM to manage conversations and queries from clients. You’ll need automation to send confirmation after payments and after items have been shipped. You’ll also need to operate your back office to facilitate bookkeeping and accounting.

Dropshipping can be a great sector for people with little to no experience doing business online. You do have to know that it comes with very specific challenges, and you have to be thoroughly prepared for them if you want to succeed.