The winter months of January, February and March have proven to be a curse to automobile dealers as the numbers of cars sold have declined dramatically in 2013 & 2014. Many car dealers now offer various discount schemes to attract the customers into buying cars. They along with other important industry executives and analysts are now blaming Mother Nature for being so cold and discouraging buyers from investing in some good cars. However, many still prefer to cross their fingers and expect to have great record making turn over at the end of the financial year. Repetitive following of same … (more) March 15, 2014

  • Auto insurers in Michigan keen on controlling the rising medical costs in the state

    by Richard Burton
    Auto insurers in Michigan keen on controlling the rising medical costs in the state

    All the auto insurance providers in Michigan are keen on making changes to the no-fault system in the state that has been in existence for over two decades now. This need, they attribute, to the increasing cost of medical facilities in the state. Insurance Institute Of Michigan’s executive director, Peter Kuhnmuench, said that the no-fault auto insurance law in the state has worked without any concerns till date, the burgeoning costs of medical facilities in the state is calling for a  change to this law to curb this before things roll out of control. This law was brought into implementation … (more) September 30, 2011

  • Buy a GM vehicle and avail free car insurance

    by Richard Burton
    Buy a GM vehicle and avail free car insurance

    In the middle of the raging price war that is on amongst the auto insurers including majors like AllState, Progressive, and Geico, there is some good news for those who purchase a GM vehicle. General Motors (GM) has teamed up with MetLife to tackle this price war and has announced that it will offer free auto insurance for those who purchase vehicles from GM motors. But the offer is on only until the 6th of September and is extended only in Washington and Oregon as of now. GM would be observing this program keenly and will rollout this program on … (more) July 19, 2011

  • Guidance from regulators to consumers on monthly auto insurance

    by Richard Burton
    Guidance from regulators to consumers on monthly auto insurance

    An overwhelming number of states in the country impose strict minimum levels of auto insurance required by vehicle owners. Some states like Florida have an alarmingly low level of minimum requirements set by the state as far as coverage from an auto insurance policy is concerned. There are serious penalties imposed on those drivers who don’t follow these norms for minimum auto insurance required. The penalty for driving without appropriate auto insurance is quite severe in states like Texas, where the fees imposed on those who violate the norms can be as high as 1000 dollars for the first offense. … (more) November 27, 2010