The sales of the new vehicles manufactured by the automobile companies are reported to increase by 6 % to 14 % by the month of March. This rise would be attributed to the fact that the demand from a potentially strong retail market is on a high these days.
Auto Insurance News Archive for March, 2012
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Sales of new vehicles has increased in March this year as compared to 2011
by Richard Burton -
Plug-in electrified cars failing to generate consumer demands
by Richard Burton -
Innocent vehicles being towed worries Arizona Insurance Group
by Richard BurtonThe state of Arizona is considering a change in the current auto insurance law which allows police personnel to impound and tow automobiles that do not have liability auto insurance coverage. Various auto insurance groups in Arizona are worried that this may prove to be a liability to the insurance agents and also lead to the towing of vehicles that may actually be insured.
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2012 session in Florida ends with the approval of PIP reforms
by Richard BurtonThe well fought debate between the two houses in the state legislature of Florida finally ended in the favor of Governor Rick Scott who fought tooth and nail to bring about certain changes in the PIP auto insurance policy. The deal to bring about reforms in the no-fault insurance plan offered a ray of hope to Florida insurance policy holders who were reeling under very high insurance premiums.
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California occupies the ninth spot in the list of most expensive car insurance states
by Richard BurtonAuto insurance policy holders in most states of America are raising a hue and cry about the increase in the auto insurance premiums each consecutive year. However, the residents of one state among the entire set of 52 do not have much to complain about in terms of premiums for these policies. The annual average for car insurance premium in this state that stood at $1,991 in the year 2011 has fallen by around $150 to reach $1,709 in 2012.
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No-fault insurance tackled by Florida legislature
by Richard BurtonThe no-fault insurance system in Florida will see some major changes during the legislative session. Motorists in Florida are now required to obtain personal injury protection by paying $10,000. This is also better known as PIP and the amount is paid to the individual regardless of who is at fault. Fraudsters are having a field day at the moment as they are taking undue advantage of this system. Due to this, auto insurance premiums have skyrocketed because insurance companies are dealing with a number of claims every day. Florida is a state that has the most expensive auto insurance rates, … (more) March 14, 2012
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Proposal to allow traffic stops, even if it is only for insurance check
by Richard BurtonA lawmaker from Oklahoma has proposed that law enforcement officers should be allowed to stop motorists just to check their auto insurance and see if it is up to date. In order to drive around legally in Oklahoma, you are supposed to obtain liability insurance. However, some feel that this proposal is totally unconstitutional. Lindsay Gallemore supports this proposal as she has been a victim in the recent times. During last summer, an uninsured motorist hit her causing a huge amount of damage. The driver was subsequently let off with just a ticket, while she ended up paying thousands of … (more) March 11, 2012
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No correlation between where you park your vehicle and insurance premiums
by Richard BurtonParking 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
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Florida Government approved bill to curb auto insurance fraud
by Richard Burton -
Enterprise discusses auto recall policy with United State regulators
by Richard Burton -
Auto insurance premiums higher for disabled according to new study
by Richard BurtonAlthough there are laws against discriminatory practices, auto insurance premiums are much higher for the disabled according to a new study. The study has unveiled such discriminatory practices where the disabled are actually paying more to obtain auto insurance coverage when compared to individuals who are without disabilities. The Americans with Disabilities Act, 1990, states that discrimination is illegal, but despite that the disabled persons are made to cough up much more on their auto insurance premiums. A New York-based website that does ‘online insurance quote comparison’ has surveyed scores of individuals living in New York City and has done … (more) March 3, 2012
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United States auto industry post security was important: Analysts
by Richard Burton