You car insurance rates probably will go up after an accident, especially one in which you are at fault. But how much will they go up? Several factors contribute to a rate increase. First, if your insurance company determines that you were not carrying enough insurance on your vehicle at the time of the accident, [...]
Rampant poverty and high unemployment were two of the factors that helped convince California Governor Arnold Schwarzenegger to sign AB 1597 into law. The measure will extend an existing program that helps low-income Californians deal with car insurance costs. Consumer advocates hailed the passage of AB 1597 as a positive move that will help keep [...]
How much car insurance I need? This is a common yet complex question. Prudence would suggest carrying the maximum amount of auto insurance that your budget allows. Yet doing so may result in unnecessary expense. Frugality would suggest carrying only the minimum car insurance required by your state, but this may leave you without critical [...]
Two employees of a Hawaii towing company are were arrested this week for having allegedly been involved in a car theft ring. Police told the Honolulu Star-Advertiser they recovered a total of seven vehicles in connection with the case.Three cars were found on the grounds of the Northside Towing company, the Star-Advertiser said. Northside Towing [...]
It seems simple enough: if you can no longer afford your car loan payments, just report your car stolen and then torch it in the wilderness. On the other hand, maybe you have been in an accident, and you just exaggerated the extent of your injuries to your doctor and to your car insurance company. [...]
No-fault auto insurance (also called “limited tort” insurance) Allows policyholders to receive financial compensation from their insurance carrier, regardless of who was at fault in an accident, while the company determines liability and gathers information. Twelve states currently allow some type of no-fault insurance : Florida, Michigan, New Jersey, New York, Pennsylvania, Hawaii, Kansas, Kentucky, [...]