Insurance are usually known to “serve and protect” those who have decided to conclude insurance policies in no matter what aspect of their life. The same purpose is conferred to the auto insurance policy: it has to financially come to your rescue when you have the misfortune of getting your car damaged in an accident. Once […]
California. The number of suspected fraudulent cases of auto arson and theft has increased during the recession, state Insurance Commissioner Steve Poizner said Wednesday. The California Department of Insurance received 31 percent more referrals for suspected vehicle arson fraud cases last year than in 2007, a news release said. The total increased to 451 cases […]
(Dow Jones) – Drivers of hybrid cars frequently get a discount on their auto insurance policies just for being “green,” but one insurer argues that such discounts makes sense, and money. That’s the way Farmers Insurance Group views the 10% hybrid car insurance discount the company pioneered in 2005. “We thought it was the responsible […]
The year 2009 will be remembered by everybody because of the great turmoil in the global economy; it really has become one of the most difficult years with both companies and consumers suffering from heavy losses. Everyone wants to save money and starts to wonder what he could do to save. Some people quit smoking, […]
(News14) – North Carolina auto insurance rates will be rolled back to levels of about three years ago and frozen until 2011 under an agreement between the state insurance commissioner and the insurance industry. State Insurance Commissioner Wayne Goodwin announced the rollback Wednesday and said the agreement includes $50 million in refunds for private passenger […]
Buying car insurance is not an easy task to which all must face, of course unless you have been trained in this area. There are many mistakes that can lead to the loss of your money and time, and as a result you get car insurance that will not fit you or does not make […]
Unlike liability insurance, which pays for damages by accidents where you are at fault, UM/UIM coverage protects you (“the insured”) by paying (up to the UM/UIM coverage policy limit) for damages such as medical bills, lost wages, pain and suffering, property damage, and other losses when you are injuried by a person who cannot afford […]
(The Motley Fool) – If you haven’t chatted up your insurance company lately, it’s time to give your rep a call. You may be due for a discount, whether because of your age, your exemplary behavior, or the type of car you drive. Here’s a peek at the breaks sometimes offered by major carriers. Grab […]
Use these car insurance tips and hints from Progressive to save money and select the right coverage. Plus, Progressive says it will include all available auto insurance discounts when you get a quote. Savvy consumers know it pays to do the legwork and shop around for car insurance. Considering auto insurance prices for a six-month […]
The Tennessee Financial Responsibility Law was enacted in 1977 and covers the minimum auto insurance required in Tennessee. Basically it requires minimum liability limits of $25,000 per person, $50,000 for 2 or more persons and $15,000 for property damage. This is found in Section 55-12-102 . In my opinion those limits are horribly outdated and […]