Auto Insurance News Archive for September, 2012

• Survey reveals auto insurance cost set to increase

  by Richard Burton
  

  Auto insurance policies are now all set to increase again. One of the recent surveys conducted has revealed that the premiums for the auto insurance policies are all set to increase for the third consecutive year, fueled by multiple factors.

• Usage based car insurance on the rise

  by Richard Burton
  

  Auto insurance based on usage is proving to be beneficial to customers and insurance providers alike. This type of insurance policy allows the auto insurance provider to know more about the car usage of a particular person. On the other hand, the auto insurance policy holder stands to save a significant amount of money since he/she will have to pay only for the miles driven. By allowing auto insurance providers to install a small monitoring device in your vehicle, you stand to gain immensely.

• U.S. Auto Sales Climb 20% in August 2012

  by Richard Burton
  

  Industry data revealed on Thursday that the auto sales climbed sharply by 20% in August in the United States. This has been the highest performance in the past three years, with higher gas prices inducing vehicle owners to shift to more fuel efficient and smaller vehicles.

  This data could be of help to President Obama, who has been highlighting his rescue efforts of Chrysler and General Motors. Obama is fighting for a comeback in the November elections and there have been charges that he has not done enough for lifting the sagging economy of the country.

• Research on Auto Insurance Reveals Volvo is Contributing to Safe

  by Richard Burton
  

  Automaker Volvo brings cheer for vehicle owners and drivers who desire vehicles that would result in cheaper premiums for their auto insurance policies. Volvo claims that one of the new cars introduced by it reduces the chances of getting injured in accidents by 50%, compared to its own vehicles manufactured from 2000.