Most Recent Auto Insurance News in Headlines

  • A New Variable In Motor Vehicle Insurance

    by Jeanny Hopper
    A New Variable In Motor Vehicle Insurance

    Getting motor vehicle insurance these days is not that easy anymore. This is because many insurance companies have now adopted more stringent application requirements. Years before, when applying for motor vehicle insurance, all that is required is the name of the applicant, his age, civil status, home and work address, and the vehicle type being insured. Based on these rather limited details, an application is scrutinized accordingly. This is no longer the procedure observed by modern-day insurers. There is now more information being requested from every single applicant for car coverage. For starters, the emerging trend in car insurance circles … (more) March 23, 2010

  • Elderly Drivers Pose Real Risks

    by Jeanny Hopper
    Elderly Drivers Pose Real Risks

    According to a recent police report, a car driven by an elderly woman crashed at a garage in La Playa, California which resulted to significant damage to property and caused serious injuries to the driver and her lady passenger.  Both women are well into their 90s and are now presently undergoing treatment at a local hospital.  If not for the arrival of fire fighters, the driver would have not immediately gotten out of the car as her injuries prevented her from moving out the vehicle.  It is believed that because of this incident, it is highly likely that the driver … (more) March 21, 2010

  • Fraud Causes Auto Premiums To Shoot Up

    by Jeanny Hopper
    Fraud Causes Auto Premiums To Shoot Up

    A mother and daughter from California who are suspected to have connived to file a fraudulent claims report was arrested recently and are now facing charges in court. Mary Patino, 62 and her daughter Lisa Sedillo, 31 were arrested by police following inconsistencies in their statements with the circumstances in the place of the supposed accident. edillo recently was involved in a car accident, where she was also suspected of driving under the influence of alcohol.  Police who arrived at the scene saw Sedillo a few meters from where the hit and run incident happened.  This circumstance led them into … (more) March 20, 2010

  • Efforts to promote auto insurance more effective in 2010

    by Jeanny Hopper
    Efforts to promote auto insurance more effective in 2010

    Legislative actions in most states have proven to be not that effective when it comes to decreasing the number of uninsured motorists. It was only until the first two months of 2010 that movements to promote the public safety while on the road have been more precisely executed and real positive results started to be more evident. The efforts by the mentioned states led to positive results. A recent study made by Insurance Research Council showed that the percentage of uninsured drivers in the US went down from 14.9% to 13.5%. The Council takes into account the number of insurance … (more) March 19, 2010

  • Recent Study Shows ‘No Fault’ Insurance Faulty

    by Jeanny Hopper
    Recent Study Shows ‘No Fault’ Insurance Faulty

    According to the recent study conducted by RAND Corporation, a nonprofit organization, found out that no-fault auto insurance failed to deliver its promises in lowering premiums and court expenses. Its recent decline in terms of popularity among consumers has proven that this insurance scheme is indeed problematic. The study confirmed that this insurance scheme has dramatically increased the court costs because of the rising price of medical claims. Initially, this was formulated to keep down the compensation costs for persons involved in road mishaps by keeping these cases out of the court. James M. Anderson, a RAND researcher and author … (more) March 18, 2010

  • Car Safety Innovations That Are Expected to Reduce Insurance Costs

    by Jeanny Hopper
    Car Safety Innovations That Are Expected to Reduce Insurance Costs

    Mercedes Benz, a luxury automobile brand known for cutting edge automotive technology is now developing technologies that can make driving safer, ultimately causing a dramatic reduction in serious injuries and deaths due to collisions.  Its new prototype named Experimental Safety Vehicle is packed with innovative safety features that have never before been seen in the automotive industry, which can initiate a downward movement in auto coverage costs. The car in essence becomes a massive airbag before a collision to prevent serious injuries to the driver and passengers. Basically the car has built-in video cameras and sensors around its chassis that … (more) March 16, 2010

  • Alabama Auto Insurance Information

    by Jeanny Hopper
    Alabama Auto Insurance Information

    You finally get to buy your own car and you are obviously excited to drive around already. However, did you know that in Gainesville and the rest of Alabama where you live, you are not supposed to be driving a car while you are still uninsured? The state of Alabama is actually strict in implementing the law on auto insurance that policemen are tasked to do random surveys to make sure that everyone is covered. It is important to able to show an insurance card or bond certificate so you can keep your registration. What does it take to get … (more) March 12, 2010

  • Check Before Signing Up With Credit Card Offers on Collision Coverage

    by Jeanny Hopper
    Check Before Signing Up With Credit Card Offers on Collision Coverage

    Financial experts have always cautioned drivers about extra rental car insurance programs, saying that these are borderline scams.  Car rental companies offer customers such coverage for $15 to $25 a day, which is hardly practical.  If you have auto insurance coverage or own a credit card, you normally wouldn’t worry about car damage liabilities.  It is a known fact that some auto insurance policies cover customers in accidents or collisions even where they are not using their own cars.  In addition, many credit card companies are willing to pay for the additional expenses that are not covered by your auto … (more) March 11, 2010

  • New Bill May Mean Cheap Insurance Rates for West Virginia Drivers

    by Jeanny Hopper
    New Bill May Mean Cheap Insurance Rates for West Virginia Drivers

    A new bill which recently passed the Senate, could provide much needed relief to West Virginia drivers who for the longest time have been paying one of the highest auto insurance premiums in the country.  In fact, the average auto coverage fee in the state is double that of most states.  With the new bill, police officers would be required to equip their patrol vehicles with online devices that have access to active insurance policies in the state.  If an uninsured driver gets caught by police, his registration would be nullified in addition to paying hefty fines.  Supporters of the … (more) March 10, 2010

  • Auto Coverage Premiums to Rise Further

    by Jeanny Hopper
    Auto Coverage Premiums to Rise Further

    Auto insurance premiums for the past two years have been steadily rising in most parts of the country.  With the current trend not showing any signs of slowing or reversing, consumers should expect auto insurance coverage to further rise.  Experts highly recommend drivers to scout for the cheapest premium rates to get the most out of their money. Some states have seen dramatic increases in insurance fees, with Montana among the highest, registering hikes of as much as 12.9%, depending on the model of the vehicle.  Some cars, most notably imported brands, are assessed with higher premiums due to their … (more) March 9, 2010

  • Drunk Drivers in Maryland May Soon Have to Carry Increased Liability Insurance

    by Jeanny Hopper
    Drunk Drivers in Maryland May Soon Have to Carry Increased Liability Insurance

    Persons who have been convicted twice of driving under the influence of alcohol will be compelled to avail of increased liability insurance, if the legislator’s bill of Carroll County in Maryland is passed into a law. Republican District 5A Del. Tanya Shewell, who is a sponsor of the bill, is in favor of requiring persons who have had two drunken-driving convictions to avail of liability insurance worth $100,000 (for one individual injured or killed in a road mishap) and up to $300,000 (for two or more individuals injured or killed). Additionally, these persons will also be required to carry $100,000 … (more) March 7, 2010

  • Top 10 Most Expensive and Least Expensive Vehicles to Insure Named – Based on ’09 Data

    by Jeanny Hopper
    Top 10 Most Expensive and Least Expensive Vehicles to Insure Named – Based on ’09 Data

    Several car models have been cited as the best cost-effective choices to ensure cheaper auto insurance rates, according to financial advisory site Doughroller.com. There are many factors, other than the automobile owned, that go into consideration that determine the cost of car insurance monthly premiums including location, age, credit history, gender, driving history and occupation. These categories, when broken down even further, reveal several variables which determine rates. However, one of the biggest factors is the car itself. Generally, auto insurance providers use the same criteria when they determine insurance costs for a certain brand or vehicle. Theft is the … (more) March 6, 2010

  • Driver Safety Courses to Improve Driving Habits of Elderly Drivers

    by Jeanny Hopper
    Driver Safety Courses to Improve Driving Habits of Elderly Drivers

    Much has been said of the risky driving habits of elderly folks, and a lot of driving jokes have been created at their expense. It is a taken that older drivers have on average slower reaction times and weaker eyesight than younger drivers.  However one other pressing problem with this age group is that a good number of them are not aware of many important traffic rules. Many senior drivers admit to not having attended driving classes and seminars to update themselves of new traffic and road rules.  AARP Driver Safety Program, since 1979 has helped educate drivers and are … (more) March 4, 2010

  • Lowering Your Auto Premiums Through Credit Repair

    by Jeanny Hopper
    Lowering Your Auto Premiums Through Credit Repair

    Credit score to many consumers, is a tool to get mortgage loans at reasonable rates.  However, not many people know that credit scores can also impact auto insurance premium.  In general, the higher your credit score is, the lower your auto insurance premium. Credit score encompasses almost all facets of your financial life.  It is thus important to maintain a good credit score since it can open doors of opportunities for you to make your life easier and more convenient. Auto insurance companies look at credit scores when they’re computing for insurance premiums.  This practice has been opposed by many … (more) March 3, 2010

  • Insurance Agents Group and Automobile Club Warns Against Potholes

    by Jeanny Hopper
    Insurance Agents Group and Automobile Club Warns Against Potholes

    According to the Independent Insurance Agents & Brokers of America, it is estimated that about $4.8 billion each year is used to fix damages caused by potholes in the U.S. Around half-a-million auto insurance claims are also filed annually because of this hole-in-the-road. Aggravated by the weather and extreme snowstorms, potholes which normally occur during springtime are already causing trouble amongst motorists. As such, it is noted that there is a record number of potholes in the streets of Virginia and other states affected by the snow. Martha Meade, AAA Mid-Atlantic’s Manager of Public and Government Affairs implied the hazards … (more) March 2, 2010

  • Two Sentenced for Multi-Million Dollars Auto Insurance Fraud

    by Jeanny Hopper
    Two Sentenced for Multi-Million Dollars Auto Insurance Fraud

    At least two people were sentenced by a Sacramento Court last February 23 for offering service which “for all (its) intent and purposes,” was automobile insurance. This was stated by Assistant U.S. Attorney Russel Carlberg and R. Steven Lapham in a joint statement after a U.S. District Court sentenced James Sidney Kalfsbeek, 72, and Donna Jean Rowe, 59, into 10 and four years of federal imprisonment respectively. Kalfsbeek, a resident of Arbuckle, was found guilty of mail fraud, money laundering and conspiracy last June. He was a former Colusa County Supervisor. He also founded and served as chairman of the … (more) March 1, 2010

  • Auto Insurance Claims Rise After Snow Storm

    by Jeanny Hopper
    Auto Insurance Claims Rise After Snow Storm

    It seems that aside from snow, auto insurance claims had also been piling-up in the State of Maryland. With a record breaking snowstorm that hit the state last February 10, the second in a week, the Baltimore area and north-center Maryland accumulated at least 19.5 inches of snow after the storm. Baltimore City had been under Phase 3 status which means that no vehicles were allowed to be driven on streets aside from those owned by the city. Insurance agents estimated that the blizzards had taken at least $830 million of the state’s economy. Damage to vehicles had been on … (more) February 28, 2010