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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  • Staged fraud accidents take eight more into prison

    by Jeanny Hopper
    Staged fraud accidents take eight more into prison

    Auto insurance fraud cases rose by eight more people on Wednesday announced Steve Poizner, the insurance commissioner of the state. The people who are suspected to have committed the fraud staged traffic accidents claiming to be a part of it so that bogus files based on personal injuries could be claimed from insurers, said Steve Poizner. This fraud scheme that got the suspects more than $200,000 payouts worth was cracked down in October by the task force after it was found that about eleven suspects were charged with operation hit and run after an investigation on them that lasted a … (more) May 26, 2010

  • With Car Insurance Changes come Higher Premiums

    by Jeanny Hopper
    With Car Insurance Changes come Higher Premiums

    State laws pertaining to car insurance have changed particularly in Appleton, Wisconsin, thanks to the law that was signed by Governor Doyle, which takes effect November this year. The state of Wisconsin does not really require its drivers to take out car insurance policies, which leads to a lot of trouble especially during cases where the driver at fault is not insured or is under-insured. A related change is also the requirement of boosting the coverage levels to a fixed minimum. Residents of Wisconsin are showing mixed emotions towards these changes. Todd Talady of Appleton says that he is pleased … (more) September 27, 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