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

  • Car Insurance Premiums Down to a Staggering 15% in the EU

    by Richard Burton
    Car Insurance Premiums Down to a Staggering 15% in the EU

    In the past several months, car insurance premiums went down to an astonishing 15%, and are at their lowest, according to the data available of the past five years. According to a research conducted on price comparison by Confused.com, the average quoted premium has gone down to a third from the year 2011. Now the insurance companies are quoting £579 instead of £678, which they charged a year ago. This step was a major EU directive for encouraging youth of both genders to opt for car insurances as the fallen premiums are now under the affordability range of an average … (more) December 18, 2014

  • 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

  • GEICO Hunts for Fraud No-Claims Cases in NY

    by Jeanny Hopper
    GEICO Hunts for Fraud No-Claims Cases in NY

    The Government Employee Insurance Company, otherwise known as GEICO, has filed a court case against no-claims suspects which operated in Kew Garden in New York last June 11. In the claim, suspects ask for radiological services payment which they forwarded to a medical professional corporation that has been charged to be clandestinely held and managed by nonmedical people. The complaint reported on the United States District Court for the Eastern District of New York was a $1.8 million worth of compensation and treble damages as set upon by the Federal RICO statue and the communal law of New York. They … (more) July 7, 2010