Car-Insurance Rates Climb After Falling for Several Years
Car-insurance rates, after falling for several years, may be heading up again.
A study by Insurance.com, an online insurance agent, found that on average, its lowest quotes increased an average of 3.4% nationally during the second quarter of 2008, compared with the previous quarter. It was the second consecutive period that prices rose.
The average quote was […]
Car Insurance Agent’s Advice: Look Before you Park
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Tuesday’s ice storm weighs heavily on trees and insurance experts have advice: look before you park. That could save you hundreds or even thousands of dollars.
Plenty of drivers don’t look for icicles above their cars when they park outside and that keeps insurance offices busy this time of year. State Farm Agent […]
Ten Ways to Lower Your Car Insurance
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Forget the talking ducks and geckos. Improving your credit rating and avoiding cars with a high theft rate are among the 10 practical tips highlighted in the accompanying slideshow that can help lower auto-insurance costs.
Those catchy commercials featuring cavemen with identity issues and talking geckos have an impact on what consumers […]
Insurance Probe Hits Home in D.C. Region
Some of the insurance brokers and carriers under investigation in New York Attorney General Eliot L. Spitzer’s probe of steering and bid-rigging are major players in the Washington area insurance market.
Marsh & McLennan Cos., the New York-based firm that Spitzer charged last week with soliciting fake bids and accepting kickbacks from corporate liability carriers, […]
Rate filings put new auto insurance system to test
The state’s auto insurance market gets a glimpse of greater competition Monday when carriers disclose their proposed rates, but the big unknown is whether motorists honk for joy or hit the guardrail.
The Patrick administration hopes the result is better than the last time Massachusetts tried to create a competitive system for setting auto insurance rates […]
Top court slams brakes on auto insurance claim
Michael Vytlingam of Mississauga lost his eyesight, memory and independence eight years ago.
He suffered catastrophic injuries when two men high on drugs and alcohol lifted a boulder and dropped it from a highway overpass as he and his father drove through North Carolina on their way home from Florida.
The family’s auto insurer stepped up […]
Bill to increase mandatory auto insurance coverage advances
The amount of mandatory auto liability insurance drivers are required to carry should be increased for property damage only, not deaths or injuries, the House Insurance Committee said Wednesday.
The panel approved Senate Bill 223 by Sen. Mike Michot, R-Lafayette, 11-5, but only after mandating the higher threshold for property damage. The property damage-only amendment […]
State Farm to lower auto insurance rates
State Farm plans to cut its auto insurance rates by nearly 16 percent across the state. The move comes after the Florida Legislature ended its session May 4 without renewing the no-fault auto insurance system.
The reductions, which must be approved by the state’s Office of Insurance Regulation, will go into effect when the no-fault […]