Most Recent Auto Insurance News in Headlines

• Hands free controls annoy U.S. auto buyers: JD Power

  by Richard Burton
  

  Consumers persist to be baffled by the latest equipment such as voice activated reins in their latest trucks and cars, but overall, automobile quality in the U.S. has never been superior, said J.D. Power as well as Associates.

• Lexus tops car superiority study as trade improves

  by Richard Burton
  

  Lexus manufacturers one of the best quality vehicles in the United States, and Car makers overall are far better at reducing problems, which land cars in the vendor’s shop, according to the latest survey of auto owners.

• Fisker from Finland not going good in Americas automobile industry

  by Richard Burton
  

  There have been a lot of speculations regarding the Fisker Automotives & there inclusion in the American car manufacturing fraternity. The company is under the radar after a lot of incidents & certain financial issues.

• Auto insurance rates in massachusetts trends North

  by Richard Burton
  

  The auto insurance rates in the state of Massachusetts, which saw a decline with the increase in the competition in this region about four years ago, is now trending up north. A number of auto insurance providers in the state have increased their auto insurance premiums over the last 24 months in order to keep pace with the increasing costs associated with car thefts, accidents and medical treatment for injuries.

• PIP Auto insurance law flawed, claims lawmaker

  by Richard Burton
  

  One of the lawmakers in the state of Florida is claiming that there is a glitch in new reforms that have been implemented, allowing insurance providers to deny claims to policy holders.

• 10% U.S. market share for Honda after Q1 profit rise

  by Richard Burton
  

  TOKYO- Honda just announced that the operating profit doubled after the company recovered from last year’s natural disaster. The year ahead is predicted to have a nearly tripling operating profit. The Asian sales are now surging, while the company registered a boost of its sales on the American market too. The company released a report that was offering details regarding the operating profit. The January-March number is of $1.4 billion (118.98 billion yen), a raise from the last year’s 46.21 billion yen. The net profit, which also includes the sales on the Chinese market, is of 60.7%, another rise from … (more) May 1, 2012

• American bonds issuance of Auto-loans can see its pre crisis level, in 2012

  by Richard Burton
  

  The volumes of Auto ABS issuance can reach its pre crisis levels on this year. This has been projected by two of The US Banks which had revised their forecast and projected higher figures this week. The total volumes of ABS can set a record seen after 2008.

• A slight U.S economy growth leading to a financial moderation

  by Richard Burton
  

  U.S. economic growth has slowed down in the first quarter. One of the reasons is the slowing down of the completion of inventories by small, medium and big companies. The economic growth modestly cooled despite a growth in homebuilding and the demand of automobiles. A 2.5 percent expansion is expected for the gross domestic product, which would moderate the fourth quarter’s pace of 3%.

• The first quarter profit of 3M has surpassed all the estimates of analysts for US

  by Richard Burton
  

  The manufacturer of fuel system tune-up gears and Post-it notes made a profit in their first quarter which had surpassed all the estimates of the analysts. This happened due to a hike of demand both in industries and automobiles.

• 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.

• 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.

• 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.

• 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