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

  • 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

  • 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

  • Experts Remind Drivers of What to do after Accidents

    by Jeanny Hopper
    Experts Remind Drivers of What to do after Accidents

    In recent weeks, there have been reports of more Americans dropping their car insurance policies because of the deteriorating economy. Industry analysts say that the trend is resulting in more car accidents involving uninsured or underinsured drivers. The Insurance Information Institute also released data revealing that uninsured drivers are ten times more likely to be involved in car accidents than insured motorists. The number of uninsured drivers has also risen significantly in recent months because of the recession. As a result, some drivers may not be able to avail of better coverage if they are involved in a car crash. … (more) July 7, 2009