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

  • FTC Levies Hefty Penalty on Automobile Debt Collection Agency in Texas

    by Richard Burton
    FTC Levies Hefty Penalty on Automobile Debt Collection Agency in Texas

    Federal Trade Commission (FTC) recently levied a staggering $3.2 million penalty on Expert Global Solutions, a Texas based auto-lending company. This Texan concern was guilty of harassing consumers in the U.S. through their debt collection calls. Their behavior was a violation of the Practices Act, which calls for fair collection of debt.

  • Auto Insurance Purchased Online Growth Trend Continues

    by Jeanny Hopper
    Auto Insurance Purchased Online Growth Trend Continues

    Despite soft consumer demand, U. S auto insurance policies purchased online up seven percent in 2008 versus year ago. A leader in measuring the digital world, comScore, Inc. released a study of online activity for the auto insurance market in 2008. It showed that consumers submitted requests for 32 million online quotes and purchased a record 2.4 million policies online during the year. Due to weaker consumer demand in the current economic environment, the number of quotes requested online declined by one percent. Regardless of that instance, the number of auto insurance policies purchased online increased by seven percent. This … (more) June 26, 2010

  • PIP Fee Schedule to be implemented in New Jersey

    by Jeanny Hopper
    PIP Fee Schedule to be implemented in New Jersey

    The New Jersey Supreme Court has finally decided to allow the state’s insurance regulator to start implementing a medical fee schedule for the expenses to be paid for by Personal Injury Protection policy or PIP. According to reports, the Supreme Court decision supports the August decision made by a State Appeals Court. New Jersey Department of Banking and Insurance Commissioner, Neil N. Jasey, said in an interview that he is very happy and thankful for the decision made by the Supreme Court. According to him, he feels that many years of diligent work conducted by his Department have finally paid … (more) November 26, 2009