Auto Insurance News Archive for 2012

• Governor Rick Scott’s dream for PIP reforms on the verge of reality

  by Richard Burton
  

  When Governor Rick Scott took oath as the 45th Governor of the state of Florida he declared war against the rising auto insurance costs and made bringing about reforms as one of his top three priorities for the residents of this states. Considering the other issues such as economical, social and even educational, many people were surprised that these reforms were given a high priority. However, it seems that it was worth taking this risk since the reforms may be put into effect in the near future.

• Progressive’s Pay-as-you-drive program reduces insurance premiums for good drivers

  by Richard Burton
  

  There is good news on the block for those consumers who have cars, but use them sparingly. The pay-as-you-drive program from Progressive, one of the leading auto insurance providers in the country, has been designed to offer competitive auto insurance premiums for good drivers and those who do not use their cars often.

• Insurance companies in Florida seek insurance reforms to PIP insurance

  by Richard Burton
  

  The amount of money that is being paid to massage therapists and chiropractors in order to effective treat people who have suffered injuries in a motor accident has increased tremendously over the last 10 years. Between the years 2007 and 2010 alone, there was an increase of 251 percent in massage claims. This increase has in turn increased the premiums of the PIP insurance policy exponentially and made it impossible for most of them to sign up for.

• Increase in auto insurance fees reignites the debate on laws in Michigan

  by Richard Burton
  

  The impending hike in the amount of money that drivers in Michigan have to pay starting 1st July, 2012 has rekindled the debate about the existing auto insurance laws in the state. The increase in the cost will be set aside for accident victims, who suffer from paralysis, brain damage and other devastating injuries.

• Auto insurance reforms in North Caroline Postponed to 2013

  by Richard Burton
  

  It has been decided by the lawmakers in the state of North Carolina that all efforts to reform the existing rules pertaining to auto insurance in the state will be put off till the next year. The short session of the legislature and the complexity of auto insurance are the two reasons that are being stated by the lawmakers for the postponement.

• 2012 NY Auto Show – Hybrid concept of 2013 RLX

  by Richard Burton
  

  RL will ultimately get a substitute, but not as of now. This is the moment, at the NY auto show, the Acura brought the RLX concept alongside, previewing the actual thing and how it will be like. Apart from the things we gather, idea is ninety nine percent accurate to carry in to production is its current shape.

• Nissan wishes to encourage more US car purchasers

  by Richard Burton
  

  Talk about Nissan to many car drivers as to what they think of and they think nothing else but Altima. The Sedan is considered as America’s second best selling car as well as Nissan’s top-seller so far. While the latest version put off on sale in the month of July, it definitely is a big hit. Other models of Nissan like boxy Cube and Sentra small cars are struggling in order to win purchasers, even as car sales surge. They are inefficient, plain odd and just old. Moreover, their designs are conflicting that keeps the customers from gluing with the big brand while they move-up or down an auto size. That is making it tough for brand Nissan to hold on to the clients or encourage new customers in America.

• New York auto insurance premiums shoot up due to increasing frauds

  by Richard Burton
  

  Here is another aspect that adds to the financial burden of those staying in the state of New York. The increasing rate of auto insurance frauds in the state is pushing up the auto insurance premiums up north. Though medical frauds in the state have been receiving a lot of attention of late, it is the aggressive billing by medical care providers that is increasing the cost of the no-fault auto insurance premium in New York.

• Sales of new vehicles has increased in March this year as compared to 2011

  by Richard Burton
  

  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.

• Plug-in electrified cars failing to generate consumer demands

  by Richard Burton
  

  With the heavy increases in prices of gasoline the electric cars are coming to the forefront which is subjected to increasing popularity in the mere future. The automobile companies are doing their best to bring out new electrified car models & launching them in the upcoming months.

• Innocent vehicles being towed worries Arizona Insurance Group

  by Richard Burton
  

  The 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.

• 2012 session in Florida ends with the approval of PIP reforms

  by Richard Burton
  

  The 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.

• California occupies the ninth spot in the list of most expensive car insurance states

  by Richard Burton
  

  Auto 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.

• No-fault insurance tackled by Florida legislature

  by Richard Burton
  

  The 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

• Proposal to allow traffic stops, even if it is only for insurance check

  by Richard Burton
  

  A 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

• No correlation between where you park your vehicle and insurance premiums

  by Richard Burton
  

  Parking 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

• Florida Government approved bill to curb auto insurance fraud

  by Richard Burton
  

  After months of debating, the House of Representatives in Florida approved the bill that would put brakes on the PIP auto insurance frauds that have been wrecking havoc in the state over the last few months. The bill won the motion 85-30 and was approved along party lines.