Most Recent Auto Insurance News in Local Insurance News

• Hartford’s AARP insurance program will now be available through BB&T oswald trippe and company insurance services

  by Richard Burton
  

  Now, The Harford Financial services Group has made an announcement that it would make its award-winning AARP auto insurance program available via BB&T Oswald Trippe and Company Insurance Services in Southern as well as Central Florida. BB&T Oswald Trippe and Company Insurance Services were finally chosen after they managed to satisfy a series of eligibility requirements that included showing immense commitment to community service, having a high level of business ethics and standards, and being able to successfully complete a training program that has been designed to highlight the needs of those who are in the 50+ age group. Tom … (more) August 13, 2011

• Due to rise in injury claims, auto insurance rates are steady

  by Richard Burton
  

  Due to the rise in injury insurance claims, Alberta auto insurance rates will remain steady for the next year. There was a drop in rates by 5% in the last two years as there was a decline in the number of insurance injury claims, stated Del Dyck, Executive Director, from Automobile Insurance Rate Board that conducts the annual rate review. Since 2003, the frequency of the bodily injury claims have been decreasing, not just in Alberta, but all across Canada as well, stated Dyck. However, they did see quite a significant change during 2010, when there was an increase of … (more) August 12, 2011

• Auto insurance rates for the month of august, deductible costs, and nationwide premiums

  by Richard Burton
  

  Auto insurance rates will vary depending on the insurers as well as the individual who wishes to obtain insurance. Most of the motorists will obviously choose auto insurance companies that provide some of the most affordable rates, but the rates can fluctuate to a very large extent depending on some criteria. The criteria may include some of the state regulations or risk factors. There are number of components such as the driver’s age, the vehicle, driving history, credit scores etc. Although not all auto insurance providers use the credit scores to gauge the risk factors, there are many who do … (more) August 5, 2011

• Top picks of automobile word association

  by Richard Burton
  

  Thirty-four years ago, Bruce Maynard formed his association with Amica Mutual Insurance Co., when he worked at the mint. He recalls, when a patron complained against the mint, the commercial operation completely stopped, because the employees were eager to start a movement against the company’s wrongs. Maynard reached the pinnacle of success by joining Amica as president. Since then the company has never looked back, under his patronage. Recently, Amica won a tip patron compensation measure amongst automobile word companies for a 12th uninterrupted year. Amica’s success is attributed to 5 factors: communication with insurer; price; process offerings; billing as … (more) August 2, 2011

• The most underutilized resource are the auto insurance quotes

  by Richard Burton
  

  Auto insurance quotes are the most underutilized resource although everyone knows its significance. With the economic crisis that is looming large, everyone wants to find the best auto insurance quotes. There are a number of places where you can obtain auto insurance quotes and hence, this could be a very time-consuming task. A number of insurers offer free quotes and incentives to attract customers. Now, the American population has come to its senses and realizes the importance of auto insurance. The entire nation is going through a terrible phase and the number of auto accidents has increased. Hence, the best … (more) August 1, 2011

• Free auto insurance coverage for buyers

  by Richard Burton
  

  Now, automakers are coming up with fresh ideas to attract buyers. One of the largest automakers GM, in collaboration with MetLife, is giving customers an offer that they cannot refuse. New car buyers will now get free auto insurance for a period of one year, from General Motors Co. in collaboration with MetLife. In an announcement made last month, GM stated that this offer has been designed to give customers value-added services by making things more affordable and also streamlining the car buying experience. Auto insurance is an expensive affair and that is one of the biggest challenges faced by … (more) July 28, 2011

• No-fault car insurance is most disliked by people

  by Richard Burton
  

  There is a huge crisis in the auto insurance sector that is spreading like bushfire all over the nation. But, who is to blame for this fiasco? It is the flawed no-fault insurance system, state insurance experts. All the auto insurance problems are due to the faulty system in no-fault insurance and this is the root of the problem state critics. There is widespread auto insurance fraud in states like Florida due to the no-fault insurance. Some of the insurers have reduced the amount of business they do here due to the widespread fraud. If urgent steps are not taken, … (more) July 23, 2011

• Buy a GM vehicle and avail free car insurance

  by Richard Burton
  

  In the middle of the raging price war that is on amongst the auto insurers including majors like AllState, Progressive, and Geico, there is some good news for those who purchase a GM vehicle. General Motors (GM) has teamed up with MetLife to tackle this price war and has announced that it will offer free auto insurance for those who purchase vehicles from GM motors. But the offer is on only until the 6th of September and is extended only in Washington and Oregon as of now. GM would be observing this program keenly and will rollout this program on … (more) July 19, 2011

• Auto insurance – add-ons that you may consider

  by Richard Burton
  

  All states have a minimum liability cover that motorists are required to carry. However, your insurance agent is also likely to offer you a number of add-ons or ancillary coverage which may be optional. While some of them are certainly worth the extra costs there are a number of them that are simply not worth it. It is better to investigate these 5 add-ons if you decide to purchase insurance and it includes: –          Gap Insurance – This insurance will offer protection if in case, you owe more money on your car than what the insurer will pay you in … (more) July 16, 2011

• Rental car insurance covered by credit cards

  by Richard Burton
  

  In the auto insurance sector the rental car insurance is also better known as loss damage waiver or collision insurance but it has been derided by experts in this field as the cash cow for car rental companies. Rental cars need not be insured unlike the primary vehicles. There are some auto insurance policies that can provide partial coverage to rental cars. There are a number of exclusions and the damage waivers are not entirely the comprehensive cover that one can expect as it is full of exemptions such as exclusions for property damage and higher deductibles. The credit card … (more) July 15, 2011

• No-fault insurance is least popular among most people

  by Richard Burton
  

  The crisis in the auto insurance sector has been spreading all across the states in the US and this is largely due to the flawed no-fault insurance system in most of the states say insurance experts. Critics state that the no-fault insurance system is the root of the crisis in the auto insurance sector. Some of the insurers have stopped doing business in Florida due to the widespread auto insurance fraud because of the no-fault insurance system there. Experts state that if adequate reforms are not brought in at the earliest, the no-fault system in New York will soon reach … (more) July 12, 2011

• Top ten auto insurance providers that excel in consumer satisfaction

  by Richard Burton
  

  According to a study conducted by J.D. Power and Associates, the California-based market information services company Amica has won accolades with the highest consumer satisfaction score for auto insurance companies. This is as per the information that has just been released in the ‘2011 US National Auto Insurance Study.’ Customer satisfaction was measured using five factors such as policy offerings, interaction with customer, billing and payment, as well as claims. According to the study, there was overall improvement in customer satisfaction this year and the average index score was 790 on a 1000-point scale, which is up by 13 points … (more) July 11, 2011

• The five claims that make insurers happy

  by Richard Burton
  

  Insurance companies are there to make money and they know how to do it. They can judge people as they have spent a lot of time honing their skills. Since they have so much exposure, they can easily predict whether you will be involved in crashes, fall ill, set your house on fire, or have a short life span. Their knowledge is gathered over a period of time and is based on the claims that are filed regularly. So, insurance companies don’t necessarily frown upon each and every claim you make and in fact, some of these claims make them … (more) July 10, 2011

• The best option is public auto insurance as long as it is done right

  by Richard Burton
  

  Though the Insurance Bureau of Canada has been trying to convince the British Columbians about private insurance being better than public insurance, it is not true. Four years have been spent by the IBC in actively pushing forward the for-profit auto insurance systems. They claim that private insurance can provide better services than ICBC. However, the argument doesn’t hold good since there is a lot of evidence to prove that when it is done right public insurance is certainly a better option than private insurance. The IBC basically represents the interests of private insurance companies. Last week, Lindsay Olson also … (more) July 9, 2011

• Are we seeing a drop in auto insurance rates?

  by Richard Burton
  

  Auto insurance costs seem to be on the decline as it has been observed in the two sets of data that are generally used to track pricing. When you look at the recent trends in America auto insurance costs have actually dropped by about 6.75% between 2004 and 2008. There was a rise of around 3.4% during the same time as well. There are two reliable sources of information such as Bureau of Labor Statistics (BLS) and the National Association of Insurance Commissioners (NIAC) and both of them have reported that the cost has gone up and down during the … (more) July 2, 2011

• Lower rates next year by Manitoba public insurance

  by Richard Burton
  

  MPI made an announcement on Tuesday stating that it would lower the rates next year where a majority of the motorists will see a 6.8% cut in their auto insurance rates. This would be possible only because the theft costs and injury claims have come down. This has also increased operational efficiencies. But the rates are yet to be approved by the Public Utilities Board and after the approval the new rates will take effect on the 1st of March 2012. For a private passenger vehicle the average premium would be $836 which is $61 lesser than the last year. … (more) July 1, 2011

• The unpopularity of hate no-fault car insurance

  by Richard Burton
  

  The crisis in the auto insurance sector seems to be spreading at a very fast pace across most of the states in the US. But who is to blame for this? According to experts it is the flawed insurance system that needs to be blamed for this they say. The no-fault insurance system seems to be the cause for all of these problems in the auto insurance sector. Due to the no-fault system that is being blamed for the fraud that is widespread in Florida, some of the insurance companies have decided not to do business here. According to experts, … (more) June 30, 2011