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

  • CarMax All Set To Open Four New Stores

    by Richard Burton
    CarMax All Set To Open Four New Stores

    CarMax Inc., the largest retailer of used vehicles in the nation, recently announced its plans to open four new stores in the coming times. These are to be located in Washington State, Alabama, Pennsylvania, and New York respectively. Work is going on in this regard at an almost war footing and the company is hopeful that these stores will begin operations by 2014, by the March-May period.

  • Intentional Clashes Increase The Number Of Insurance Frauds In Florida

    by Jeanny Hopper
    Intentional Clashes Increase The Number Of Insurance Frauds In Florida

    One of the auto industry groups has said that an increasing number of policy holders in Florida are crashing their card on purpose so they can file for medical claims. This has led to an unprecedented increase in the number of insurance frauds over the past few months. The National Insurance Crime Bureau, in its statement on 28th June, 2010, said that in the year 2009, 58% of the accidents were staged. In the city of Tampa alone these accidents quadrupled and stood at a whooping 487. Joe Wehrle, the President of NICB said that initially it was just the … (more) July 3, 2010

  • Oregon Owners of ‘Wrecked’ Cars May Get More Info Due To New Law

    by Jeanny Hopper
    Oregon Owners of ‘Wrecked’ Cars May Get More Info Due To New Law

    In an effort to urge Oregon residents and insurers about ‘new’ rights in the event that their car gets totaled in an accident, the state’s Department of Consumer and Business Services (DCBS) issued a reminder last week. Taking effect earlier this month, House Bill 2190 permits car owners to obtain more information for the purpose of greater leverage whenever a settlement for a totaled car is in the middle of negotiation. The DCBS reported that this new law compels insurers to take several considerations. First, drivers should be provided with a written notice that outlines the total loss which includes … (more) January 28, 2010