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New Technology May Have Financial and Safety Benefits
Electronic Stability Control (ESC), an automotive safety technology now required to be part of all new cars built in the United States, may have a significant impact on both safety and auto insurance rates. Electronic Stability Control ESC is a crash-avoidance feature that uses computer-controlled braking to reduce the risk of rollovers and other types [...]
Insurers need to stay abreast of regulatory and technological changes.
There have been a number of changes in the auto insurance market lately, both for customers and car insurance companies. In the near future, analysts say it will be essential for car insurance companies to keep up with these changes in order to be successful. PriceWaterhouseCoopers has made some suggestions about changes that the insurance [...]
Rental car insurance may be unnecessary
Some Americans are instinctively trained to purchase car insurance whenever it is offered, but when renting a car that additional policy may not be necessary, according to MSNBC. In some cases, a driver's auto insurance policy will protect them against theft or damages to a rental vehicle. What is and is not already covered? Personal [...]
Save on gas and get cheaper car insurance quotes
In these times, saving every penny counts and that holds especially true when considering the maintenance and longevity of a car. Proper maintenance can save drivers money on repairs, gas and car insurance quotes in the long run, the U.S. Department of Energy reports. According to the DOE, an individual can save $0.11 per gallon [...]
New Oklahoma Car Insurance Law Encourages Compliance
Drivers in Oklahoma are now beginning to see the effects of a new law implemented starting November 1st, which limits the amount uninsured drivers can recover in most accidents. The state already mandates that drivers have auto insurance coverage, and those in compliance will not be directly affected unless in an accident involving an uninsured [...]
Auto insurance rates up slightly in March 2011
Individuals getting new car insurance quotes in March 2011 may have received slightly higher rates, as the Bureau of Labor Statistics says there has been a modest month-to-month and year-over-year increase in auto insurance rates in the U.S. According to recent government statistics, average auto insurance rates in the country increased 0.1 percent from February [...]
Despite low TX car insurance quotes, many Texans don’t have car insurance.
The number of Lone Star drivers who opted not to get Texas car insurance quotes and drive without coverage held steady at 15 percent between 2007 and 2009, according to the Insurance Research Council. This number remains slightly higher than the national average which is 13 percent. Auto Insurance is the Law in Texas It [...]
Eating a major driving distraction leading to higher car insurance rates
A recent study from the National Highway Traffic Safety Administration found distracted driving was a cause of 80 percent of all car accidents and 65 percent of near-misses. Food was one of the biggest distractions drivers face, making drivers more than 50 percent more likely to have an accident. Food poses distracted dangers The study [...]
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Spiked punch on prom night may spike teen drivers’ auto insurance rates
Prom season is upon us and the event generally makes for one of the most memorable nights of a young person's life. However, sometimes underage drinking is introduced into the revelry of the evening and can result in some unwise decisions on the part of intoxicated teenagers. One poor decision sometimes made is choosing to [...]