Savings on car insurance may be old news to some, but if you have been paying larger sums for car insurance year after year, you should know there is a way to make savings even in this field. We all tend to be victims of our habits and not checking for car insurance rates could be one of those “bad” habits. According to NerdWall website, on average, US drivers spend over 300 dollars more than they should each time they buy car insurance. It also shows that drivers could save even more than 30% only if they only took some … (more) August 18, 2014

  • German Auto-Parts Maker, ZF Friedrichshafen AG, Shows Interest in TRW

    by Richard Burton
    German Auto-Parts Maker, ZF Friedrichshafen AG, Shows Interest in TRW

    ZF Friedrichshafen AG, German automotive company, has shown interest in the U.S. based TRW Automotive Holdings Corp. The move could create an automotive powerhouse better placed to compete in an industry that has dedicated much effort in producing autonomous cars and enhancing the safety of trucks and cars. The offer, disclosed on Thursday, could see the emergence of an automotive dealer with annual sales of more than $40 billion. According to Automotive News, Robert Bosch GmbH of Germany and Denso Corp. are the largest players in the industry with annual revenue of $37 and $34 billion respectively. A ZF’s spokesperson … (more) July 17, 2014

  • Insurance controls can remain the way they are and don’t require any fixing

    by Richard Burton
    Insurance controls can remain the way they are and don’t require any fixing

    Raleigh’s new ascendant Republicans would do well if they tried doing something extraordinary by helping the poor man instead of trying to clip his wings and further empowering and enriching the rich corporations. This is certainly not evident in the bills that are pending before the State Legislature, where there are modification plans to eliminate the regulatory controls in auto insurance rates. These sponsors are trying to do some window dressing in order to make it look like they are doing something in your interest, but it is a well-known fact that this is far from the truth. This prescription … (more) April 21, 2011

  • Mercury Insurance Funded ‘Prop 17’ May Usher Higher Surcharges in California

    by Jeanny Hopper
    Mercury Insurance Funded ‘Prop 17’ May Usher Higher Surcharges in California

    The Mercury Insurance fully funded initiative which aims to increase auto insurance rates was assigned Proposition 17 on the ballot for the June 8 California elections, announced Debra Bowen, Secretary of State. The Campaign for Consumer Rights, campaign affiliate of Consumer Watchdog, said in a press release that the proposition would penalize drivers, including seniors and soldiers, with surcharges if they are found to have a lapse in auto insurance coverage for ‘virtually any reason’ in the last five years. The proposal will compel drivers to pay hundred of dollars more for auto coverage, especially when they stopped driving for … (more) February 4, 2010