News
Insurance Impact from Costly Fees
Senior citizen James Cole, Jr., decided he had had enough May 13. He could not afford car insurance, and received several tickets for driving without it. He could not afford to pay the tickets, which resulted in the suspension of his driver’s license and a ban on registering his cars.
He could not afford thousands of… »
‘Black box’ idea travels to cars
Does your newly licensed teenager drive too fast? Do you worry when he or she takes your car to hang with friends you haven’t met? Are you spending a small fortune to insure your novice driver?
You’re not alone, and Mark Nowotarski sees a business opportunity in that.
The Stamford resident says his patent-pending SoberTeen Driving Insurance… »
Contact KY3 Tests New Car Insurance Program
We first introduced you to Progressive’s My Rate program a few months ago. It’s a device you plug into your car that monitors your driving habits. Progressive Insurance claims low-risk drivers could save as much as 30 percent on their car insurance rates. We decided to put it to the test.
The device monitors when you… »
No insurance? Drivers could face towing
Uninsured motorists in Beaumont have less than 60 days to get policies before they run the risk of having their vehicles towed.
Beaumont City Council on Tuesday approved a policy allowing officers to tow uninsured vehicles if police already pulled them over for another traffic violation or if a had wreck occurred.
Cost to uninsured drivers is… »
Allstate reenters state car insurance market
Allstate, the country’s second largest writer of auto insurance will return to the Massachusetts market in November after a 20-year absence, the company announced yesterday.
Allstate will become the 11th insurer to enter the market since insurance commissioner Nonnie Burnes implemented a more competitive rate-setting system in April 2008.
“Managed competition is designed to bring more choice… »
RateWatch: Average Teen Auto Insurance Rates
While average auto insurance rates across the United States continue to come down from their record highs of last fall, there’s still one guaranteed way to increase your insurance bill – add a teen driver. According to Insurance.com’s RateWatch for car insurance, adding a teen driver to your policy can increase the annual rate anywhere… »
Progressive Auto Insurance Shares Car Insurance Tips
Savvy consumers know it pays to do the legwork and shop around for car insurance. Considering auto insurance prices for a six-month policy can vary greatly between companies, why not take the time to compare rates for several… »
Cutting Back on Car Insurance
More drivers are saving money by keeping and maintaining their cars instead of buying new ones. Now, the economic downturn has them looking to save more by tuning up their aging cars’… »
OK tests new insurance verification system
If you drive without car insurance in Oklahoma, you’re going to nabbed a lot quicker. It’s because the state is going to an electronic insurance verification system. Right now, when law enforcement pulls you over, they ask to see a little piece of paper that shows you have insurance. But soon they will be able… »
Motorists skimping on car insurance cover to save costs
In spite of this, it was revealed that, because they have less disposable income available, many drivers may be looking to reduce their car insurance… »