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

  • Auto insurance coverage drops by 0.5%

    by Richard Burton
    Auto insurance coverage drops by 0.5%

    There are several guidelines on how to get your car quoted for insurance protection. Certain insurance fraud is still in the market we must be careful of. This has brought too much trouble and most people carry the grudge against insurers. Increased payments were done by most policyholders as a result. Regulations were strictly formed by programs conducted by high US state authorities and nonprofit research organizations. Once a car is bought, the buyer is required to get car insurance for his safety and of the other passengers.  Auto insurance information tells what consumers would be paying for. Better look … (more) October 20, 2010

  • Toyota Recall Stirs Auto Insurance Companies and Consumers

    by Jeanny Hopper
    Toyota Recall Stirs Auto Insurance Companies and Consumers

    The recall of an estimated 5.2 million Toyota vehicles due to floor mat problem and a pedal entrapment is causing a stir in the auto insurance industry. Add to this figure a 2.3 million recall of the same brand of vehicle because of problems on the gas pedal, and we have insurers and consumers wondering what long term impacts the incident would have on premiums and claims. According to a recent report, many insurers are currently piling-up paperwork in order to make Toyota accountable for millions of dollars which may be attributed to the company’s faulty design. In legal parlance, … (more) February 10, 2010

  • Cal State Low Cost Auto Insurance Sees 18.9% More Participants in ‘09

    by Jeanny Hopper
    Cal State Low Cost Auto Insurance Sees 18.9% More Participants in ‘09

    Participation in the California Low Cost Automobile Insurance Program (CLCA) in 2009 increased by about 19% compared to 2008. Steve Poizner, California Insurance Commissioner, said that the 18.9% increase was due to the efforts of the commission’s outreach program as well as the dire economic situation in the country. The program, established in 1999, has been offered to every county in California since 2007. The Commissioner explained that the law requires every single driver in the state to carry automobile liability insurance. However, he admits that the dire economic situation at the current time causes citizens to cut costs. The … (more) February 3, 2010