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29 12, 2010

Car insurance rates rise in 2010, despite less claims

By | December 29th, 2010|Recent Articles|2 Comments

Car insurance rates rose slightly in some parts of the nation in 2010 despite the fact that average premiums for U.S. families fell for five consecutive years through 2009, reported the New York Times.The increase is surprising because it hasn't corresponded with the usual indicators that industry experts use to predict premiums.“There isn’t a nice [...]

28 12, 2010

New Years Day most popular holiday for car theft

By | December 28th, 2010|Recent Articles|1 Comment

The new year is fast approaching, meaning car owners should take care to secure their vehicles now, recommends the National Insurance Crime Bureau.New Years Day had the most car thefts out of any holiday in 2009 according to a NICB analysis, while Christmas had the fewest reported thefts.A total of 22,991 vehicles were reported stolen [...]

27 12, 2010

AT&T releases film to warn against texting while driving

By | December 27th, 2010|Recent Articles|1 Comment

AT&T has developed a new documentary to warn young adults about the dangers of texting while driving, according to the New York Times. The 11-minute documentary will be distributed to schools, safety organizations and government agencies, AT&T said. The company told the newspaper that it is releasing the film before the new year, timing it [...]

1 12, 2010

East Los Angeles police give safety devices to area residents

By | December 1st, 2010|Recent Articles|1 Comment

To combat the rising tide of car theft in East Los Angeles, officers distributed about 300 steering wheel locks to area residents. Hollenbeck Community Police Station handed out the devices to owners of some of the area's most-stolen types of car.Most of the vehicles topping the list of grand theft auto targets are imports around [...]

27 12, 2010

Insurers jumping on the ‘Pay-as-you-drive’ bandwagon

By | December 27th, 2010|Recent Articles|1 Comment

New pay-as-you-drive car insurance policies are being offered in more than half of the states, despite concerns by some that the methods insurers use to track mileage warrant some privacy concerns, according to the New York Times.The policies, which Progressive Insurance began offering a version of in 1998, allows consumers to receive discounts for driving [...]

10 11, 2010

Merger between Volkswagen and Porsche moves forward with $4.55 billion sale of dealerships

By | November 10th, 2010|Recent Articles|0 Comments

A major unit of German automaker Porsche was sold to Volkwagen today, continuing the somewhat drawn-out process of merging the two companies and moving the transaction one step closer to completion.The transaction may not be fully finalized until a year from now, but the deal is likely to be completed during the first six months [...]

23 12, 2010

New Jersey car insurance drops for fourth year in a row

By | December 23rd, 2010|Recent Articles|1 Comment

Car insurance premiums in New Jersey have dropped for the fourth straight year although they continue to remain one of the highest in the nation, the Star Ledger reported. The figures come from a new report released by the National Association of Insurance Commissioners that compares how car insurance rates have fluctuated in the U.S. [...]

30 11, 2010

More and more high-tech features in automotive design

By | November 30th, 2010|Recent Articles|1 Comment

High-tech gadgetry is rapidly becoming a key feature of many modern cars, and automakers are using digital systems to accomplish a variety of design goals and perform many functions, according to news website Headlight.Recent studies, the website's Grant Owens reports, show that electronic devices have surpassed even new safety equipment as the most desirable features [...]

22 12, 2010

Progressive introduces "Snapshot" discount program

By | December 22nd, 2010|Recent Articles|1 Comment

Progressive Insurance is releasing a new program for its policyholders where they can opt to install a tracking device in their vehicle in order to receive a discount on their car insurance rates, according to The Detroit News.The Snapshot discount program involves installing a monitoring device on vehicles that records driving times, frequency and how [...]

28 10, 2010

Expert: Electric cars might not be such game-changers

By | October 28th, 2010|Recent Articles|0 Comments

While electric cars have been in the pipeline for decades, the advent of all-electric cars is just now arriving. Despite the plaudits from environmentalists and others with an interest in reducing fossil fuel consumption, however, the first generation of electric cars could disappoint the driving public, according to U.S. News and World Report columnist Rick [...]