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

Click for more auto insurance headlines »

  • New online systems track outlaws

    by Jeanny Hopper
    New online systems track outlaws

    Uninsured motorists can be tracked down by the new online systems. It is a pressing issue for the state to know how many uninsured drivers are on the road. According to data compiled over the past decade by the Insurance Research Council, about one in seven drivers or vehicle owners have no insurance. Consider this situation, a party that has no insurance when met an accident, the injured parties will shoulder the burden. Loren McGlade, the chairman of insurance companies stated that some states use random sampling where they send a list of vehicle to insurance companies and confirm whether … (more) June 13, 2010

  • Advocates Have High Hopes for Auto Insurance Initiative

    by Jeanny Hopper
    Advocates Have High Hopes for Auto Insurance Initiative

    Lobbyists greatly affect state legislations. But with the new auto insurance initiative, consumers can finally speak what is on their mind. At least that is what consumer advocacy groups believe. Since the signature gathering began this week for an auto insurance initiative, advocates have expressed high hopes over the initiative ballot in 2010. Advocates say the initiative will help trim down costs for millions of California motorists who maintain auto insurance coverage. State laws allow insurers to give a discount to policyholders who have maintained continuous coverage with them. This is usually referred to as a loyalty discount. But consumers … (more) October 31, 2009

  • Critics: Expensive Insurance Costing Detroit

    by Jeanny Hopper
    Critics: Expensive Insurance Costing Detroit

    Outspoken critics of high car insurance premiums in the state of Michigan went on the offensive recently. Consumer advocates say that the expensive insurance coverage, particularly in the city of Detroit are forcing more and more people to resort to insurance fraud or drive without any form of insurance at all. Some analysts point out that Detroit, dubbed as one of the poorest big cities in the U.S., has the highest insurance rates across the nation. In fact, they argue that annual insurance premiums of $4,000 or more are common in the city. As a result, they say, more than … (more) August 28, 2009