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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  • Cheaper Insurance Would Have to Wait for Hi-Tech Safety Cars

    by Jeanny Hopper
    Cheaper Insurance Would Have to Wait for Hi-Tech Safety Cars

    Volvo, which has been leading car industry when it comes to safety features, has recently developed an accident avoidance technology that uses radar to detect an oncoming vehicle and automatically steer its driver out of trouble.  But like any other state-of-the-art safety devices, Volvo’s innovations will have to prove itself before meriting auto insurance discounts. Industry specialists say time is the ultimate measure for insurers and giving huge discounts to newly introduced safety devices is not their practice. Without hard data, advanced car safety features will not merit any cut on premium rates. Experts explained that safer cars lead to … (more) October 29, 2009

  • Texas to Increase Auto Insurance Requirements

    by Jeanny Hopper
    Texas to Increase Auto Insurance Requirements

    Car owners  can expect Texas auto insurance rates to go up as the state government mulls increasing minimum liability requirements. According to insurance experts, there are plans for revising existing provisions regarding insurance liability in the state. Already, insurance providers are gearing up for the next round of changes slated for 2011. Despite the target date still more than a year away, analysts warn that insurers may begin introducing higher rates at a much earlier date. Before April 1, 2008, the Texas Department of Insurance required car owners to have a minimum insurance liability amount of $20,000 for a single … (more) September 22, 2009

  • Arizona Law to Take Uninsured Drivers off the Road

    by Jeanny Hopper
    Arizona Law to Take Uninsured Drivers off the Road

    The state of Arizona is poised to make it harder for persistent uninsured drivers to get behind the wheel of a vehicle. With the number of uninsured and underinsured motorists on the rise nationwide, analysts are expressing concern that the increasing numbers can mean more costly accidents. To prevent repeat violators from taking to the road, the state of Arizona is taking steps to implement tougher restrictions. The new legislation is set to discourage the state’s residents from driving without the minimal insurance requirements of the state. Gov. Jan Brewer recently signed into law HB2224, implementing tougher penalties and restrictions … (more) August 1, 2009