November 27th, 2008 by Jaren
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Understanding car insurance could be confusing and some extra information can help you understand your choices and what you can do to save money.
Some of the most useful features of your insurance plan are less expensive. Car insurance is expensive and so, you should get a lot. Extra coverage like road assistance, rental reimbursement, underinsured./uninsured motorist and comprehensive coverage gives a lot of protection for just a bit higher amount of premium. A comprehensive insurance plan is usually the most expensive, but the expense pales in comparison to the expense you will have to shoulder if you don’t have this coverage in the event of an accident. Repair costs not to mention liabilities brought on by damages done to either property or person, will definitely overwhelm you.
September 29th, 2008 by Jaren
With car insurance costs set to increase, motorists need every possible help in lowering their premium. The best way you can reduce the cost of your car insurance is to make sure that your car is cheap to insure. If you haven’t bought your car yet, you may be confused by the hundreds of cars out in the in market. A rule of thumb is that if your car’s buying price is cheap, then it’s usually quite cheap to insure. Insurance companies are also interested in how much a car is going to cost in repairs if the owner makes a claim. The cheaper and simpler your car is to repair, the more likely it is that your premium will be low. Another factor is your car’s security. Cars that have alarms, trackers or immobilizers will lower you premium. And if you have your eye on that snazzy new sports car, think again. Cars with greater acceleration and top speeds usually get the highest premium because they are statistically involved in more accidents.
May 2nd, 2008 by Robert
The future of the car industry will rely on a black box.
Yes, like the black box (actually it’s orange, weird they’d call it black) in airplanes that record flight movements and everything else that happens in the pilot’s cockpit, will also be installed in cars. The Association of British Insurers (ABI) say that this technology has already been installed in Staffordshire.
According to the Spokesman of ABI, Malcolm Tarling:
“Insurers will certainly use advances in technology and the goal that they are always trying to achieve is to ensure that the price that they charge for insurance reflects the actual risk.”
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April 7th, 2008 by Robert
Independent agents are up in arms in asking the attorney general to look at the Progressive Insurance website. The said company is selling auto insurance online. Although the company seem to be in”full compliance” with state regulations, the information in the website might be potentially misleading, the Division of Insurance said.
According to Progressive Insurance’s head of agency operations, John Barbagallo , “We are committed to providing products and services to independent agents to help them compete effectively in the market and to help them grow.”
Before the site went up the auto policies in Massachusetts were sold through the agents. Now, with the site up anyone who wishes to apply for an auto insurance policy can go directly to their site.
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March 20th, 2008 by Jaren
Category :
Industry News
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