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 Makes It in Ward’s 50

    by Jeanny Hopper
    GEICO Makes It in Ward’s 50

    Ward Group, leader of insurance company benchmarking, has declared GEICO a slot in the top 50 High Performing Insurers in the United States. The annual study revealed that GEICO had made it in the top 50 for twenty consecutive years. And during that double decade wins, the company have been busy introducing new strategies on policy management and improved ways of getting safe insurance coverage. The Government Employees Insurance Company or GEICO began its leading journey in Ward’s top 50 in 1991. It is renowned because of its auto insurance and other insurance covering motorcycles, terrain vehicles, boats, apartments, houses … (more) July 26, 2010

  • Two Sentenced for Multi-Million Dollars Auto Insurance Fraud

    by Jeanny Hopper
    Two Sentenced for Multi-Million Dollars Auto Insurance Fraud

    At least two people were sentenced by a Sacramento Court last February 23 for offering service which “for all (its) intent and purposes,” was automobile insurance. This was stated by Assistant U.S. Attorney Russel Carlberg and R. Steven Lapham in a joint statement after a U.S. District Court sentenced James Sidney Kalfsbeek, 72, and Donna Jean Rowe, 59, into 10 and four years of federal imprisonment respectively. Kalfsbeek, a resident of Arbuckle, was found guilty of mail fraud, money laundering and conspiracy last June. He was a former Colusa County Supervisor. He also founded and served as chairman of the … (more) March 1, 2010

  • High Insurance Rates Linked to Occupation

    by Jeanny Hopper
    High Insurance Rates Linked to Occupation

    A policyholder’s job may have everything to do with how much he or she will pay for car insurance. According to a recent study conducted by researchers, a driver’s educational attainment and current occupation is mostly to blame for high premiums in many states. The study suggests that insurers often depend on their policyholders’ jobs to determine rates. Some providers base premiums on the risks associated with certain occupations, supported by scientific research and statistical data. In recent years however, insurers have shifted to an entirely new basis. While the providers still rely on the motorists’ occupation and education level, … (more) October 4, 2009