Auto Insurance News Archive for September, 2010

• Car Accidents Remain As Teen’s No. 1 Killer

  by Jeanny Hopper
  

  Teenagers who received their driver’s permit or license would probably get a feeling of independence. A feeling of being young and free pumping within their veins. The same feeling that cost thousands of lives of the teenage demography in the United States. The Unpleasant Numbers: National Highway Traffic Safety Administrated reported that persons in the age range of 16 – 20 years had the highest fatality and injury rates per 100,000 populations. Studies further state that driver inattention is the leading factor in most crashes and near-crashes. The most common distraction for drivers is the use of cellular phones. The … (more) September 30, 2010

• New Jersey Drivers have been cautioned to drive carefully as schools reopen

  by Jeanny Hopper
  

  All motor drivers of the state of New Jersey have the responsibility of keeping more than one million school children safe as schools reopen and they resume their classes this month. School children can remain safe if drivers are more attentive and drive carefully. It also benefits the driver as they do not have to shell out fines and can keep their auto insurance rates low. The website of the New Jersey department of Education stated that the present number of students who have enrolled in charter, elementary and secondary schools  last year all across the state were about one … (more) September 29, 2010

• Low cost auto insurance now made available on the internet

  by Jeanny Hopper
  

  Several credit holders of sub-prime categories are under the impression that they can’t possibly get low cost auto insurance, online, since they do not have good credit reputation. But the scenario is not that bleak. At present it is not that tough to find a cheap auto insurance coverage. One basically has to have ideas of finding the right kind of insurance for one’s car. One doesn’t need to carry on with the existing car insurance company which is charging an exorbitant amount of premium for the car insurances since the person has bad credit reputation even if the person … (more) September 28, 2010

• Information Week 500 magazine names Progressive car insurance for eleven years in a row

  by Jeanny Hopper
  

  Progressive car insurance has been named as the nation’s most innovative users of technology in business in the annual list of InformationWeek magazine. The car insurance firm topped the list of the Information Week 500 as it developed a way to Progressive won the spot on the InformationWeek 500 for developing a way to amalgamate its system with systems of other firms for offering its consumers products which are different from vehicle insurance like homeowners insurance. As a result of this other companies get a chance to offer products of Progressive insurance to their clients According to Ray Voelker, … (more) September 27, 2010

• UK drivers driving in the US can save

  by Jeanny Hopper
  

  The United States is a great country to visit. They have great food, great views, great people and, if visitors choose it, they could add great deals to the list. This is particularly referring to UK drivers who hire cars in the US whenever they come and visit. In terms of insurance, the US is a great country to visit but can be very costly. Whenever UK or any other nationalities visit the US and they want to drive themselves around, they will be required to purchase an auto insurance policy that covers their driving experience in the country. This … (more) September 26, 2010

• Auto Insurance Law puts stress on importance of higher levels of Coverage

  by Jeanny Hopper
  

  The new Legislation that has been introduced to the Pennsylvania State Legislature has asked auto insurance consumers to pay attention to the requirement of insurance coverage that is more than the required level demanded by the state.   In the beginning of this September the law was introduced and it asked to double the states minimum requirement of liability coverage.  It pointed out that a policy may be at par with the requirement demanded by the state but that does not ensure that the policy could take carte of all the expenses that might arise in an event of an accident.  … (more) September 25, 2010

• Auto Insurance consumers of Kentucky should pay heed to their PIP coverage

  by Jeanny Hopper
  

  It goes without saying that every state needs every driver to have an auto insurance policy and the state of Kentucky can’t be ruled out from this need. Residents of Kentucky should well be aware of certain facts regarding the state implemented mandatory level of coverage and the intricacies of that coverage before going out to purchase auto insurance. Like motorists of other states, a Kentuckian seeking a Kentucky car insurance policy will need to buy coverage for liability regarding bodily injury as well as coverage for property damage liability. These types of insurance policies do not cover damages that … (more) September 24, 2010

• Speedometers In UK Affect Motorist: Does It Affect The US As Well

  by Jeanny Hopper
  

  There is now a study that speed cameras actually increase the chances of a person having an accident than preventing it. Before, the link between speed cameras and accidents were just ideas without concrete evidence. However, a recent research done by LV= found that there is indeed a link between the two. However, the study has been conducted in the UK using UK respondents. Perhaps presenting this data in the US may help the verification of this data. The study gave weight to the finding that 28,000 accidents were caused by these speed cameras since 2001. The reason for this … (more) September 23, 2010

• Questionable Claims in Insurance rising

  by Jeanny Hopper
  

  More and more people are claiming to have suffered damages caused by one or more of their policies coverage. The NICB or the National Insurance Crime Bureau has found that there are increased instances in which policy holders are damaging their own property in order to make insurers repair or change them. However, instances in which these questionable claims are said to have been done are under careful investigation in order to determine whether or not these claims are true. Policyholders who plan to intentionally damage their property and claim insurance must be prepared to face the consequences of their … (more) September 22, 2010

• New Semester Shows New Dangers to College Students

  by Jeanny Hopper
  

  Students going off to college might find it necessary to consider looking for insurance policies before the semester begins. This is particularly important if these teens are given a car to use by their parents. It does not matter whether these cars that they will be using is either family owned or given to them, the important thing here is that they are insured from possible damages that might present themselves with the teen behind the wheel especially in an area in which they would have little supervision from their parents or guardians. It is understandable that parents become confident … (more) September 21, 2010

• Opportunity to Improve Financial Industry Seen

  by Jeanny Hopper
  

  The financial resources industry seems recognize their need to offer their customers a more culturally diverse staff and provide the minorities management roles. According to Larry Barton, the financial industry has the ability to embrace the changing American system only which also means that the way they recruit and retain talent within companies must change. Currently, individuals in the management circle of financial assistance agencies are dominated by white males. This is one of the systems that have stuck despite the flow of time. The “white-male” still primarily holds dominion over the management of industries. However, times continue to change … (more) September 20, 2010

• American Still Struggling despite the changes in Economic Policy

  by Jeanny Hopper
  

  It has been about two years since the recent recession that caused a lot of suffering to countless of residents of the US. America has shown great progress during this time especially on how they were able to handle the situation. Economically, the American people survived this challenge and are now beginning to recover from this situation. However, many people are still worried about their financial situation in the country. According to a survey made by Hartford Financial Services Group, Inc about three-fourths of Americans are still worried about their employment and still show signs of struggling. This only shows … (more) September 19, 2010

• Ontario Policy forces consumer activists to act

  by Jeanny Hopper
  

  In Ontario, drivers are called to fight back the recent change in their insurance system which allegedly decreased their accident benefits. This change was apparently approved by the government. Consumer advocates say that this is does not benefit the consumers and in fact is an action to their detriment. The $100,000 dollars in benefits will only become 35,000 after Sept. 1, 2010 deadline. Before this happened, consumer advocates suggest that they now call their representatives of their insurance companies and make them extend the duration of their policies since it will essentially be beneficial for them both in the short … (more) September 18, 2010

• Odometers Fail at Predicting Mileage

  by Jeanny Hopper
  

  Quality planning, a company that helps validates policyholder information for auto insurers offer new information about the use of odometers as a tool to predict mileage. According to a study that they have published in their site, the use of odometers show that more than half of the cars have an error percentage of 25%. They say that this measurement tool fails the test because it works under that assumption that the use of cars remains the same for every year. The annual mileage of a certain car is important especially since it directly correlates to auto loss costs. This … (more) September 17, 2010

• More Insurance Companies Now Offering Discounts for Students Availing of Car Insurance

  by Jeanny Hopper
  

  Student drivers are among those who have the highest premiums when applying for car insurance. They base this decision on statistical evidence that show that teenage drivers are the ones who are involved with traffic accidents as compared with their adult counterparts. Getting auto insurance for teens can be a drain in the budget. Fortunately, more and more insurers are offering cheaper quotes for students who prove themselves to a “good”. Insurers have long offered discounts for students who prove themselves to be responsible. They do recognize that not all teens are reckless and involve themselves in dangerous acts while … (more) September 16, 2010

• Survey Shows Decrease in Insurer Satisfaction Ratings

  by Jeanny Hopper
  

  Insurance policy holders were seen to be increasingly conscious of their respective insurance companies according to The Pantagraph. This is according to a recent survey conducted early in 2010. The survey included 25,000 policyholders which produced a shift in the J.D. Power and associates’ 2010 insurer satisfaction rankings. They have found that the overall satisfaction of policyholders have plummeted by 10 points in 2010. The decrease in 10 points from 2009 resulted in a 777 out of a 1,000-point scale system. The decrease in the overall satisfaction rating of policy holders show that policy holders are becoming more aware of … (more) September 15, 2010

• Allstate Hosts “Family Driver Challenge” safety program

  by Jeanny Hopper
  

  Allstate Insurance is operating a public awareness campaign across the country to educate drivers, most especially the younger ones, about the dangers of distracted driving. Plenty of parents and their teenage children have participated in the auto insurance company’s “Family Driver Challenge” program, learning more about how text messaging and other forms of multitasking behind the wheel could lead to an auto accident. Amy Moore, spokesperson of Allstate Insurance, said in a statement that in the program they are not teaching their participants how to send text messages while driving but to show them what the consequences of doing so … (more) September 14, 2010