Auto Insurance News Archive for 2010

• Increase on animal-vehicle collision rate in fall

  by Richard Burton
  

  The fall season has the height of breeding season of deer. During this natural phenomenon, their number increases and they tend to cross highways and roads. Because of this, there have been records of increased rate in animal-vehicle impact. Auto insurances have taken data regarding this situation and said that there is also an increase on claims regarding this type of collision during this season. In between the years of 2008 and 2009 fall season, the National Highway Traffic Safety Administration or NHTSA claimed that the rate of injury and fatal accidents from vehicle to vehicle accidents went down but … (more) October 24, 2010

• Progressive Car Insurance Plans to Hire More Workers

  by Richard Burton
  

  Despite the economic downturn, Progressive car insurance plans to hire 260 new workers in the sales, service and claims at its Cleveland and Mentor contact centers by January 2011. The company which started in 1937 is now the rated as one of the largest car insurers in the US and it has been voted as the best auto insurer by several groups and magazines. In addition, it has been named as one of the best places for employment in North Ohio. Progressive is also the first car insurer to provide a tool where consumers to inform the company how much … (more) October 23, 2010

• Deer-Vehicle Collision in the US

  by Richard Burton
  

  Motorists in the US are being warned by auto insurance companies because of the likelihood of deer-vehicle collision especially this fall which is the start of mating season for deers. Based on data recorded by USAA, a leading insurance provider, the number of deer-vehicle collision has increased seven percent from year 2008 to 2009. State Farm, another top-ranked auto insurer, estimates that a deer-vehicle collision is 21.1 percent higher than five years earlier. Based on the insurance claims of the company, about 2.3 million deer-vehicle collisions happened from July 2008 to June 2010. A collision between deer and vehicles is … (more) October 22, 2010

• CLCA extended Now

  by Richard Burton
  

  The low cost auto insurance for the whole state of California (CLCA) was extended another five years after Governor Arnold Schwarzenegger signed in a legislation authored by Dave Jones (Assemblyman) making it into a new law. The CLCA would have expired next year but because of the new law, many drivers especially those with low income can now enjoy the low cost insurance offered by the state for another five years. There are many benefits brought about by this insurance program. Many people who cannot get insurance from the regular market due to low income. The extension of the CLCA … (more) October 21, 2010

• Auto insurance coverage drops by 0.5%

  by Richard Burton
  

  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

• Winter registering the highest animal-related accidents

  by Richard Burton
  

  Winter and fall seem to be the season’s car insurance companies detest. Based on statistics, there is a dramatic increase on animal-related accidents during these seasons. In fact, HLDI (Highway Loss Data News) say that the accidents are more or less three times higher than other seasons. After reviewing claims, insurance companies show that between July1, 2008 and June 30, 2010, there were 2.3 million deer-vehicle collisions. Animal –related accidents also recorded $3,000 worth of claims in 2008. The deer’s migrating and mating season and other factors may have lead to the increase in the number of deer collisions. Accidents … (more) October 19, 2010

• Complacent entertainer gets a ten

  by Richard Burton
  

  How many entertainers have you heard of being caught drunk while driving or perhaps under the influence of illegal drugs and what about some given the nth time a ticket for being complacent behind the wheel? Below is one of the entertainers that has been issued the 10th ticket already in UK. One of these entertainers is Katie Price who was a former glamour model and an aspiring writer. Katie Price as some people may not know is from England. Recently was caught veering across a busy dual carriageway and was also seen using her mobile phone while driving. Swinton, … (more) October 18, 2010

• 5 adjusters and appraisers charged of accepting kickbacks

  by Richard Burton
  

  Imagine an auto service would be doing bogus works and conspire with the car owner just to have around $2,000 from the insurance company. Impossible you say, not, really, because that was what High Performance Auto Services personnel and major auto insurance agents turned adjusters and appraisers did. 5 of them were arrested and are charged with racketeering, grand theft as well as petty theft. The 5 persons who were arrested were: Jermanzine Kirkland, Roy Stella, Roman Hernandez, Eduardo Quinonez and Julio Ravelo. All 5 have been working with Allstate and State Farm Auto Insurance Companies. The latter being the … (more) October 17, 2010

• Caution: Fall Is Deer Breeding Season

  by Richard Burton
  

  The nation’s eighth largest auto insurance provider, the USAA has warned motorists that this is the start of deer mating because it is already fall. There had been lots of accidents because of this season. It may have been reported that generally in the year 2008 – 2009 that injuries or fatalities due to animal- vehicle collision had decreased but USAA says otherwise. In the same period according to USAA, that the number of those claiming with their insurance has increased seven percent. Collisions with animals are costly for those with car insurance and in 2009 that the average claims … (more) October 16, 2010

• Best insurance companies in 2010

  by Richard Burton
  

  Many auto insurance advisers always stress the importance of finding the best insurance program which best suits the needs of each individual. One way of finding the right auto insurance product is by comparing the quotes of different vehicle insurers. This might be a lengthy and difficult task considering the number of car insurance companies all over the county. However, there are many online resources nowadays which can help consumers compare the quotes of different insurers easily. To help consumers compare auto insurance companies many online surveys and research are being conducted these days to find out the best auto … (more) October 15, 2010

• Auto insurance premiums due to increase again due to failure of texting law

  by Richard Burton
  

  HLDI, Highway Loss Data Institute claims that the new implemented texting law or texting ban last September 28, 2010 does not reduce car accidents. However, the support has been intended through scientific data’s of insurance representing and defending citizen’s safety and economic stability. The Insurance Institute for Highway Safety together with HLDI dedicates its mission to reduce property damage, injuries and deaths. These duos strongly agree and recommend insurers to strengthen auto insurance policies. The results further depend on the ownership and operation on the types of vehicles and existing insurance loss by brand and model. There are about ninety … (more) October 14, 2010

• Increase in Auto Insurance Related To Rise in Medical Bills

  by Richard Burton
  

  It is well known that government run national health care systems are wasteful and corrupt.  Over the last 30 years the profit driven industries have become increasingly corrupt.  The private medical systems are draining the casualty insurance industry and thereby causing a hike in the insurance rates for policy holders. In certain democracies like Scandinavian countries and Canada doctors are paid employees and are paid about $100,000 per annum.  The state funds their education.  Here, the doctors don’t have to deal with private insurers, nor do they have to worry about being in good books with the shareholders.  They have … (more) October 13, 2010

• Auto Insurance, Accident Details and Its Repercussions

  by Richard Burton
  

  In the event of an accident, there are many key factors which influence the costs which can vary for those involved in a crash.  Though, being involved in a crash is a cause for a worry to many motorists, the actual costs vary from one situation to another. According to the National Highway Traffic Safety Administration, in the United States alone there has been a 5.3% decline in accident rates between the years 2008-2009.  While on one hand, this could mean some good news, the scenario is still quite scary with around 5.5 million crashes during the same period.  Motorists … (more) October 12, 2010

• IIHS: Older people drive safer, less likely to file auto insurance claims

  by Richard Burton
  

  Reports from the Insurance Istitute for Highway Safety revealed that drivers aged 70 and above tend to drive safer. Only a few number of elderlies are involved in fatal crashes and thus only a few of them files auto insurance claims. Senior drivers seem to drive safely since most of them pay cheap auto insurances. When your granny takes the driver seat, don’t be scared, instead feel safe and secured as research show older people drive safer. In a report by the Insurance Institute for Highway Safety (IIHS), it is revealed that only a small number of elderly driver files … (more) October 11, 2010

• Men are getting better auto insurances than women – Research

  by Richard Burton
  

  Now, even in the area of auto insurance, there is battle between sexes. Post Office Car Insurance (POCI) recently commissioned a research which aimed to study which between men and women are more into getting a comprehensive car insurance. The research revealed that men have the first hand with regards to having a comprehensive auto insurance. With a percentage of 58%, men seem to possess such a policy more than women who gained only 44%. Post Office Car Insurance is at the front line in the promotion of rendering a comprehensive insurance policy as an effective way of protection against … (more) October 9, 2010

• Automobile Insurance Rate Decreases as Car Stealing Decreases

  by Richard Burton
  

  There seems to be a direct-proportional relation between Auto Insurance rate and Auto Theft incidents as authorities say decreasing records of automobiles being stolen cause the Auto insurance rate to lessen. For the past six years, incidents of auto theft have been decreasing in the whole-wide USA, based on reports by the National Insurance Crime Bureau (NICB). NICB, an organization which takes charge in investigating incidents of auto insurance fraud and theft, has been working hard to decrease, if not totally eliminate, the incidents of car stealing across the country.  NICB President and CEO Joe Wehrle said the collaborative efforts … (more) October 8, 2010

• Be Forewarned: Law Mandates Auto Insurance

  by Richard Burton
  

  Car owners’ excuses for not getting their autos insured will no longer be accepted as car insurance is now mandated by law. Many drivers in the United States neglect having their cars insured due to several reasons. Firstly is the financial constraint. The average rate for auto insurance cost is $1550. The rate, however, changes rapidly from time to time, and varies from state to state. And of course, the aforementioned rate is just the average; the driver’s age, location, gender, and driving skill are vital considerations in taking auto insurance. These considerations may increase or decrease the cost of … (more) October 7, 2010