Drivers in Michigan are being warned by state officials to be aware of the bogus insurance policies being issued by an unlicensed auto insurance agency through its unlicensed agent. Drivers who have obtained their auto insurance policy from this company need to purchase a valid coverage again from another provider.
The state of Florida has been combating the problem of auto insurance fraud for a long time. In recent times, there have been many changes recommended to the auto insurance coverage which are due to be implemented with the arrival of the New Year.
The premium for auto insurance coverage in New Jersey is moving north again, according to the data available with the National Association of Insurance Commissioners. The report states that the auto insurance policy holders are consistently paying higher premiums to ensure they stay covered.
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.
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.
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.
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.
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.
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.
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
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.
Austin Auto Insurance has advised car owners to take a look at the factors that affect auto insurance rates. Insurance firms look at various aspects while deciding on the auto insurance premiums. So, car owners have to keep themselves updated on these issues if they wish to avail cheap or affordable auto insurance. Every individual will be charged different auto insurance rates depending on a number of factors. Even if you drive the same make and model as someone else in the same area, the insurance premiums will vary. Paying the same auto insurance premium is just a myth because … (more) February 28, 2012
The after effects are being felt by business owners and home owners in New Jersey after the tropical storm Irene had struck them. They are likely to feel the heat for many more years to come, state analysts and representatives in the insurance industry. Around $915 million may be spent by the private insurers to cover damages caused by the storm in the state of New Jersey, according to the estimates provided by ISO, which is an insurance risk advisory committee. Apart from these insured losses, another $150 million to cover the freak snowstorm that occurred in the month of … (more) February 24, 2012
Despite the fact that New Hampshire drivers don’t have a law where wearing seat belts are compulsory, they seem to be buckling up. Wearing seat belts reduces fatalities and injuries to a very large extent. As per the National Highway Traffic Safety Administration, wearing seat belts help in reducing fatalities by 45% and risk of suffering serious injuries by 50% for those who are sitting in the front. The surprising fact is that New Hampshire drivers seem to be buckling up much more than the drivers in Massachusetts. During 2010, New Hampshire had ranked last in the entire nation, when … (more) February 15, 2012
The Florida House of Representatives have approved the proposal, where crash victims would be required to report to the hospital emergency rooms within 72 hours in order to be eligible for PIP coverage benefits. The subcommittee has given its approval in a bid to crack down on fraudulent PIP claims that are perpetrated via ‘pain clinics’ throughout the state. The proposed HB 119 statute managed to sail through the House Insurance and Banking Subcommittee 10-5 on January 11. Even the House Civil Justice Subcommittee would be considering it shortly. Florida Legislature had convened the 2012 regular session on Jan 10 … (more) February 10, 2012
Mobile apps are now being used by car insurance companies to obtain insurance quotes. For instance, Progressive’s new mobile app can be used by any of the Smartphone users. They can obtain auto insurance quotes after taking a picture of their driver’s license. This is known as ‘image capture’ and it works on most Smartphones and iPhones.
While voters in U.S. move towards the Nov. ballot, they’ll confront the problem of discounted initiatives for car insurance known the Automobile Insurance Discount Act, 2012 that was over ninety nine percent financed by the Mercury Insurance chairman. A latest car insurance proposal will be found on the Nov ballot in California, which allows chauffeurs to get a break on constant coverage also when they decide to go to some other company. Discount on drivers always sounds interesting but voters do have to finalize on several matters. There are two side of a coin and it is quite difficult to … (more) February 5, 2012
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