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27
06, 2011
Nevada approves low cost auto insurance program
Drivers that cannot afford current Nevada car insurance rates may soon find themselves with a new option. The state's assembly has decided to implement a new pilot auto insurance program that would only be available to individuals that are at or below 250 percent of the federal poverty line, according to the Insurance Journal. To [...]
21
04, 2011
Officials nationwide cracking down on auto insurance fraud
Auto insurance fraud is an expensive problem that costs insurance companies millions of dollars each year. As those costs build up, they are passed along to consumers in the form of higher rates for everyone. Over the past few years, scams have become much more frequent. According to the Coalition Against Insurance Fraud, there was [...]
24
10, 2011
Drunk Driving Instances May Be Decreasing
Drunk driving incidents have decreased 30 percent in the past 5 years, according to data recently released by the Centers for Disease Control and Prevention, reaching a low not seen for almost 20 years in 2010. The CDC Vital signs study reported 112 million instances of drunk driving throughout the year, representing nearly 300,000 each [...]
21
04, 2011
The ins and outs of auto insurance in Colorado
Colorado can be a scenic place to live, particularly for those seeking the Western charm Denver and other Colorado cities can offer. However, before driving off to a new Coloradan home, drivers should know what they need to do to register their car and make sure their insurance coverage is up to par with Colorado [...]
26
06, 2011
Government refuses to pay MI auto insurance company for FBI agents joyride
After an FBI agent invited a fellow coworker for a quick ride in a Ferrari F50 the car spun out and landed against a tree and some bushes, according to the Insurance Journal. However, the U.S. Justice Department is refusing to reimburse a Michigan car insurance company for the irreparable damage to the racecar. The [...]
19
04, 2011
Pay-as-you-drive auto insurance becoming a growing trend
Just as drivers are often looking for ways to lower their car insurance premiums, auto insurance companies are looking for new types of auto insurance that can help save their customers money and attract new applicants. One of these new types of auto insurance is pay-as-you-drive coverage. For these insurance programs, drivers are not charged [...]
26
06, 2011
Accident forgiveness may come with perks and drawbacks
Accident forgiveness car insurance may seem like a great way to save money in difficult economic times, but if individuals are not careful they could find themselves paying more than they originally intended. Auto insurance rates can rise up to 30 percent following an accident, whether or not the driver was at fault or had [...]
16
04, 2011
April 2011 marks first annual Distracted Driving Awareness Month
Many measures have been taken recently to curb the epidemic of distracted driving - a major contributor to auto accidents which could lead to higher auto insurance rates or, at worst, an injury or a fatality. In an effort to take a nation wide stand on the issue, the National Safety Council is holding the [...]
21
06, 2011
Usage-based auto insurance a growing trend
In an effort to lower household bills, many people are looking into per mile car insurance plans. This new type of policy can offer lower car insurance quotes and premiums to individuals who drive less. Many states have created regulations to allow for usage-based insurance (UBI) policies, which reward safer or less frequent drivers. Recently, [...]
14
04, 2011
Pros and Cons of combining homeowners and auto insurance
Many realize the importance of insuring important items against potential damage or theft. As shelter and transportation are generally two essential high-value investments, auto insurance and homeowners insurance coverage are critically important to have. However, paying for two separate policies on a monthly basis can cause a financial headache. For consumers looking to save money, [...]