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

  • Nationwide negotiating with Harleyville group to buy them out

    by Richard Burton
    Nationwide negotiating with Harleyville group to buy them out

    The eighth biggest auto insurance provider in the United States is negotiating with the parent firm of Harleysville Group Inc, an auto insurance company based in Pennsylvania in order to purchase the company, informed sources who is privy to these negotiations. These sources, who wanted to ensure anonymity due to the confidentiality of the discussions, also went on to say that the final deal may be signed in a matter of days. However, they also said that there are chances that the negotiations may fall apart. The market value of Harleysville Group as of 22nd September, 2011 was $690 million. … (more) October 1, 2011

  • Michigan laws and teen insurance rates

    by Richard Burton
    Michigan laws and teen insurance rates

    Teen drivers and their guardians, if they pay the premium know that the auto insurance rates for teens are much higher than the average. There are some logical reasons for this disparity. Firstly teen drivers usually tend to be more reckless. They also involve in behaviour that could be considered dangerous, such as racing and over speeding. Teen drivers are also more distracted because of text messaging or phone calls or by friends going together. All these reasons result in teenagers making up the high risk poll from an auto insurance company’s perspective. There has been a change in recent … (more) December 20, 2010

  • Car Insurers Eyeing Pet Coverage

    by Jeanny Hopper
    Car Insurers Eyeing Pet Coverage

    Apparently, pets deserve the same treatment as their owners, even when it comes to insurance coverage. More and more auto insurance firms are offering coverage for pets involved in car-related accidents. At present, there are four insurers offering up to $1,000 to clients whose pets have sustained injury or worse, died, in car accidents. Pet coverage gained a new boost when a local TV station showed a short news story about a resident who narrowly escaped a watery grave when the woman’s car was rear-ended into a canal. The CBS news crew was able to capture footage of the driver … (more) June 18, 2009