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

  • No correlation between where you park your vehicle and insurance premiums

    by Richard Burton
    No correlation between where you park your vehicle and insurance premiums

    Parking your car in a garage is certainly a safer option than parking it on the road, because the vehicle would be better protected against acts of vandalism, theft, and other elements. Despite this well-known fact, there is no real correlation between where you park your vehicle and the auto insurance rates. Insurance companies may ask that question only if you own a classic vehicle, but not otherwise. Insurance firms like Amica still ask their clients this question. However, Shannon Rodgers, who is the assistant VP of sales & client services, states that just popping that question is like going … (more) March 9, 2012

  • Seven New York Auto Insurance Companies Hallmarked for Consumer Satisfaction

    by Jeanny Hopper
    Seven New York Auto Insurance Companies Hallmarked for Consumer Satisfaction

    Seven auto insurers in New York received best ratings based on judgments favoring them. Of the 38 carriers in the State, they have the most number of cases turned in their favor. The results are based on New York State’s Insurance Department 2009 Annual Ranking of Automobile Insurance Complaints. Data are derived from studies made in 2007 and 2008, companies which have the least upheld complaints per million dollars worth of premium. Insurers who have the highest number of complaint ration are placed at the bottom. New York State Insurance Department, which regulates the state’s insurance activities, compiles data every … (more) October 16, 2009

  • Texas to Increase Auto Insurance Requirements

    by Jeanny Hopper
    Texas to Increase Auto Insurance Requirements

    Car owners  can expect Texas auto insurance rates to go up as the state government mulls increasing minimum liability requirements. According to insurance experts, there are plans for revising existing provisions regarding insurance liability in the state. Already, insurance providers are gearing up for the next round of changes slated for 2011. Despite the target date still more than a year away, analysts warn that insurers may begin introducing higher rates at a much earlier date. Before April 1, 2008, the Texas Department of Insurance required car owners to have a minimum insurance liability amount of $20,000 for a single … (more) September 22, 2009