Most Recent Auto Insurance News in State Insurance News

• Regulators recommend additional auto insurance coverage

  by Richard Burton
  

  A majority of the state require the drivers to carry a minimum level of coverage through auto insurance on their vehicles. Now industry experts and officials from the government are emphasizing to customers that these minimum levels of auto insurance protection are not sufficient and in case of a serious accident, additional coverage is highly required. Florida is one of the places where there is a strong case for additional auto insurance protection. The minimum requirement for drivers in this state remains amongst the lowest in the country. The automobile owners in the Sunshine State are needed to carry about … (more) November 29, 2010

• Pennsylvania sees new discounts on auto insurance from Unitrin Direct

  by Richard Burton
  

  A new program of auto insurance has been started in Pennsylvania by Unitrin Direct, which is a direct-to-consumer, group of companies. The insurance offers some attractive prices especially for the drivers with great track record. It also comes with improved protection rendered by novel coverage bundles. The model of business used by Unitrin Direct is very unique in the sense that the overheads are greatly reduced and the cost savings are passed on to the customers without compromising in the service. Unitrin Direct has launched a new savings program in Pennsylvania a few days earlier and customers of the company … (more) November 28, 2010

• Auto insurance policies are being blindly renewed by US drivers

  by Richard Burton
  

  According to a new survey, US insurance consumers are far more likely than their counterparts in other countries to blindly renew their auto insurance policies every year. Only 32% of the drivers in the country actually look around for the more inexpensive options according to some market research. The country has ranked 7th in the world behind UK, Italy, Sweden, Australia, Canada and Germany. It was also found that 57% of the auto insurance consumers in the country automatically renew their policies. This percentage is far less than the 36% which is the global average. Also, with such a huge … (more) November 26, 2010

• The safest driving cities identified by Allstate insurance

  by Richard Burton
  

  This year the Allstate Insurance Company (NYSE: ALL) named the safest drivers across the nation in their sixth annual “Allstate America’s Best Drivers Report.” The ranking of 200 cities was primarily based on car collision frequencies. This year’s safest driving city is Fort Collins, Colorado.  According to Allstate’s report auto collision in Fort Collins will be experienced by average drivers every 14.5 years. This probability is 31.2 percent less likely than the national average. Fort Collins is followed by its closest challengers namely Chattanooga Tennessee and Boise Idaho where typical drivers will experience collision every 12.9 years. The Allstate’s “America’s … (more) November 25, 2010

• Strengthening national laws to prevent traffic deaths and injuries pushed by governmental organizations

  by Richard Burton
  

  The United States Centers for Disease Control and Prevention and its National Center for Injury Prevention and Control conducted a research revealing that traffic deaths and injuries cost the entire nation about $99 billion a year. This huge amount is not an acceptable aftermath for preventable plague such as traffic injuries and deaths thus CDC is suggesting for states to take some actions regarding this serious matter. Researchers used the 2005 hospital, insurance and other pertinent data to tally the cost nationally for the recorded 3.7 million injuries and deaths caused by crashes. Result showed that the entire nation suffers … (more) November 24, 2010

• Distracted driving – when thoughts don’t match actions

  by Richard Burton
  

  According to the Allstate Canada poll performed by the Leger Marketing majority of the Canadian drivers are engaging in distracting behaviors while driving. This is the time when actions does not correspond to people’s thoughts and beliefs given that nearly all Canadian who are driving strongly believes that distracted driving is a no-no. The survey revealed that 75 percent of Canadian drivers are involved in distracted driving which opens a huge possibility for accidents to occur. According to statistics eight out of ten crashes are effects of distracted driving. With this large percentage people must be given some refresher course … (more) November 21, 2010

• Gender as a Determinant of Car Insurance Premiums – A Form of Discrimination

  by Richard Burton
  

  Gender issue is now the center of the debate ringing the European Union after an official asked for the EU high court to determine if the practice of using gender as a determinant of auto insurance premium rate is a violation of the European anti-discrimination laws. The said practice is also used in the United States thus the issue is now echoing in the auto insurance industry in America. Generally males receive higher auto insurance rates than females primarily not because of gender per se but on statistical facts associating males to higher risks. Gender is just one of the … (more) November 20, 2010

• Auto insurance researchers recognized as auto theft lowered in michigan

  by Richard Burton
  

  According to the Michigan Auto Theft Prevention Authority or ATPA, there is a drop of 16 percent on the rate of auto theft in the state from 2008 to 2009. Dan Vartanian, the executive director of ATPA, said that their success in the fight against car theft was a collaboration of dedicated ATPA funded employees, people in the law enforcement authority, prosecuting offices, and state community groups. He said that without their undying passion to help reduce auto theft and help fellow citizens in the state, the decrease in the rate of cars being stolen in the state would not … (more) November 17, 2010

• Auto insurance premiums – high rates because of hybrid car repair cost

  by Richard Burton
  

  A recent report was presented by Mitchell International Inc., an automotive industry information provider, that costs of repairing a hybrid car as well as the changes in their owners’ attitude will possibly heighten auto insurance premiums. The contribution of hybrid cars to the effort of car companies to help reduce global warming and save natural resources such as oil is rewarded by auto insurance companies with lower premiums. During the time of its popularity, auto insurance companies help in promoting its quality through providing discounts and other marketing strategy for customers to choose them over regular cars that use gas. … (more) November 14, 2010

• Hybrid cars may have high auto insurance premiums this year

  by Richard Burton
  

  As advertised to consumers, hybrid cars are less expensive because of its energy efficient quality. It uses less gas, is eco-friendly, and can have discounts in an auto insurance policy. However, recent studies have been conducted showing that despite its good quality, it is actually a more expensive liability than a regular gas-fueled car and the attitude of their drivers have something to do with it. Mitchell International Inc., an information provider for automotive industry, has conducted a research about how the cost of repair of hybrid cars and the change in their owner profile change auto insurance premiums. When … (more) November 13, 2010

• Animal-vehicle collision rate becoming higher as mating season arrives

  by Richard Burton
  

  According to Highway Loss Data Institute or HLDI, animal-vehicle collision rates increase during deer mating season. Because of its large population, the number of deer in highways and roads also increase contributing to a higher rate of colliding with a vehicle. Auto insurance companies have confirmed that during this time, they receive an amplified number of claims regarding deer-vehicle impact. Their records show that from spring, it will gradually increase through fall; they have November as the prominent month where reports of collisions are at its peak. Last year, according to USAA, a leading auto insurance company, a 70% increase … (more) November 12, 2010

• Auto insurance companies’ collision fees opposed by motorists

  by Richard Burton
  

  A survey by the Insurance Information Network of California (IINC) was delivered concerning collision fees imposed on out-of-town and at-fault motorists during an accident. This includes fees charged when the state’s emergency team responds to the incident. The poll shows that only one in five people living in California agree to the fees. According to the data gathered by the IINC, fifty percent of the participants do not agree with it while 26 percent of them are unsure. Several California cities suggested the enforcement of such charges. Huntington Beach for example has agreed to charge out-of-town motorists who are at … (more) November 9, 2010

• Dispute between ANI and Nevada’s Commissioner Heats Up

  by Richard Burton
  

  The Alliance of Non-profits for Insurance (ANI) plans to sue Nevada’s Insurance Commissioner, Brett Barratt for ordering the company to stop sale of ‘first dollar’ insurance to ANI.  The disputing parties are the ANI and the Nevada Division of Insurance.  It was an upsetting incident for Alliance of Non-profits for Insurance, when the state department rejected registration applications of the vehicles that were insured by ANI.  The insurance company also insisted that ANI could get ‘first dollar’ auto insurance policies if it had a ‘fronting company’ that was authorized.  While regular insurance companies can sell these policies, “captive” insurance companies … (more) November 3, 2010

• California’s Governor Approves Bill for Low-Cost Insurance

  by Richard Burton
  

  Since the poverty levels have peaked in recent years, the Governor Schwarzenegger has approved a bill for low-cost insurance for Californians who belong to the lower income groups and thus rewarding Californians who have a good track record and driving habits.  Car insurance has been provided to approximately 50,000 Californians by the CLCA (California Low Cost Auto insurance) and it would have expired this year without the extension it got from AB 1597’s extension for a 5-year period.  With CLCA there was an increase in policyholders despite high poverty and recession in the economy. It’s a no-frills program where the … (more) November 2, 2010

• Auto insurance company participate in efforts to reduce drunk driving

  by Richard Burton
  

  Mothers Against Drunk Driving, an organization that aims to stop drunk driving, support victims of the crime and stop underage drinking, recently hosted an event called “Walk like MADD”, a 5 kilometer walk in cities nationwide to inform people of their goals. The purpose of this event is to encourage companies, corporations, the community, and groups of people to form a team of ten or more and raise donations amounting to $100 a group that will go to the organization’s campaign to eradicate drunk driving. Joining MADD in their event and sponsoring it is State Farm Insurance Company, an auto … (more) October 30, 2010

• Auto theft techniques revealed

  by Richard Burton
  

  What is making the upward trend of insurance claims? Do you think it is accident or is it auto theft? Auto theft is the answer. According to NICB (National Insurance Crime Bureau) as of writing time, it has been out that in 2008, owner give-ups skyrocketed in five major cities: Chicago, Houston, Phoenix, Las Vegas and Los Angeles and the number is still increasing. What is an auto give-ups situation? This may surprise you when it says that the owner himself is the one who makes the situation seem to have been done by a theft. The truth of the … (more) October 27, 2010

• Increase on animal-vehicle collision rate in fall

  by Richard Burton
  

  The fall season has the height of breeding season of deer. During this natural phenomenon, their number increases and they tend to cross highways and roads. Because of this, there have been records of increased rate in animal-vehicle impact. Auto insurances have taken data regarding this situation and said that there is also an increase on claims regarding this type of collision during this season. In between the years of 2008 and 2009 fall season, the National Highway Traffic Safety Administration or NHTSA claimed that the rate of injury and fatal accidents from vehicle to vehicle accidents went down but … (more) October 24, 2010