In a recent blog by Cars Insurance Savings, the writer mentioned seven things about a car that influences the cost of auto insurance. Before buying a car, it is important to make sure of some things because they can incur a lot of cost. To be brief, here are the seven things that car owners need to make sure: Find out how much repairs would cost: If the car is a foreign and fancy one, it can cost you a lot to repair it! This translates to a high premium for the auto insurance. Be sure that your car … (more) January 16, 2015

  • 6 Companies Top Vehicle Service Contract and Auto Insurance in the U.S.

    by Jeanny Hopper
    6 Companies Top Vehicle Service Contract and Auto Insurance in the U.S.

    Several Personal Auto Insurances in U.S. is dominated by six companies. Accordingly these six companies top the Vehicle Service Contracts industry and those offering Auto Insurance policies. The six companies are the Allstate, State Farm, GEICO, Farmers, Progressive, and Nationwide. They were named after their good performance in their own field of specialization with it comes to their service rendered to their customers. State Farm is a mutual company possessed by its policy holder accounts for the highest share with 17.8%. AllState which sells insurance and non-insurance products as well is behind with 11%. GEICO’s share is 7.7% which earned … (more) July 13, 2010

  • Experts Say Research Reduces Car Insurance Costs

    by Jeanny Hopper
    Experts Say Research Reduces Car Insurance Costs

    The poor economic situation is forcing many Americans to look for ways to cut down on expenses, according to industry analysts. Tougher economic conditions have taken their toll on motorists, forcing many to increase deductibles or worse, drive without car insurance. Majority of auto insurance specialists say that buying a policy is still the best way to go since not having one can actually be more expensive in the end. In many states, driving without insurance is punishable by fines, penalties, and even jail time. Insurance companies also increase premiums for motorists convicted of not having proper insurance coverage. In … (more) July 9, 2009

  • Texas Introduces New Car Insurance Database

    by Jeanny Hopper
    Texas Introduces New Car Insurance Database

    Faced with increasing numbers of uninsured drivers, the state of Texas has put in place a revolutionary new system to help enforcers catch motorists driving without insurance. Because of concerns that more vehicular accidents will involve uninsured drivers, four Texas departments have teamed up to identify uninsured cars on the state’s roads and highways. The state’s Department of Transportation, Department of Public Safety, Department of Insurance, and the Department of Information Resources have pooled their resources together to create a new statewide database of live auto insurance policies. Dubbed TexaSure, the system matches policies provided by some 200 companies with … (more) July 8, 2009