Auto Insurance News Archive for February, 2010

• Get a Student Car Insurance Loan to Ease Your Financial Burden

  by Jeanny Hopper
  

  As a student, the greatest bulk of your finances go to your education. A portion goes to allowances and transportation. If you are working, a lot more is set aside for family expense. This does not mean, however, that you cannot get insurance on your car. In this case, it is advisable for you to avail of a student car insurance program. Not only is it more convenient on your part, it is also more practical and economical. Coverage for contingencies is a must for every car owner. This is because of the amount of road mishaps and accidents that … (more) February 2, 2010

• Cell Phone Use Is Not Significantly Responsible For Collisions, Study Says

  by Jeanny Hopper
  

  A nonprofit organization funded by the auto insurance has conducted a study that says that the introduction of laws which ban cell phone use while driving may not significantly lessen the risk of accidents on the road. Highway Loss Data Institute, the organization responsible for the study which was published in late January, says that the problem may actually lie with ‘distracted drivers’ themselves. Monthly collision claims take from four US states which bans cell phone use while driving were the focus for the research. Comparisons were made before and after the bans took effect in the respective states. The … (more) February 1, 2010

• Lessening the Rate of Auto Insurance In Detroit May Scare Away Insurers

  by Jeanny Hopper
  

  At $5,000 annually, the fact the drivers in Detroit pay the highest average automobile insurance premiums is unfair, according to an advocacy group. The group called the Fair and Affordable Insurance Rates (FAIR), has gained the support of Detroit Democrat Sen. Hansen Clarke for a ‘ballot initiative’ to lessen the rate of premiums for Detroit drivers. However, this action may not reach its idealistic potential, according to Michelle Minton, insurance studies director Of Washington, D.C.-based Competitive Enterprise Institute. FAIR aims to lessen business, home and auto premiums by 20% and give an additional 20% cut for drivers with good records. … (more) February 1, 2010