Important Factors that Influence Auto Insurance Policies

by Richard Burton

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

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  • Auto insurance companies and lawyers battle over the auto insurance bill

    by Richard Burton
    Auto insurance companies and lawyers battle over the auto insurance bill

    Last year, 38-year-old, Samuel Milons Jr., was killed by a driver in Milwaukee. The driver suffered a seizure and lost control over the vehicle and crossed the median killing Milons. Following Milon’s death, Angela Minerick his fiancée racked up credit card debt as she could not afford to pay up the rent on their Milwaukee townhouse. However, Minerick who is a funeral director is far more secure with the thought that her son Samuel III will be able to afford college. According to the auto insurance law of 2009, Minerick was allowed to stack two of her auto insurance policies … (more) September 12, 2011

  • 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

  • Michigan Legislation on Auto Insurance Feared to be a “Threat”

    by Jeanny Hopper
    Michigan Legislation on Auto Insurance Feared to be a “Threat”

    According to insurance trade groups, there is a possible threat to the current costs of auto insurance, economic condition, and job market situation in Michigan as the state’s House of Representatives passed a bill that may affect the state’s legal mandates on auto policies. The Property Casualty Insurers Association of America recently said that the House of Representatives approved a portion of a bill package that contains certain provisions including a ruling that will prohibit insurance scoring and premium computation systems that are credit-based. The group calls the bills “misguided reforms”. Property Casualty Insurers Association of America vice president Ann … (more) December 25, 2009