Auto Insurance Articles

When Americans hear the term “auto insurance fraud,” they probably think of the stereotypical image of an uninjured person wearing a neck brace and claiming in court to have “whiplash.” Certainly, this image has been portrayed in a number of popular television shows, so it is no wonder that Americans associate insurance fraud almost exclusively [...]

Even a cursory reading of the news will tell you that times are tough for many Americans at the moment, and if you are one of the unemployed or underemployed individuals struggling to make ends meet in this economy, then you know firsthand how important it is to get value for every dollar of your [...]

Most car insurance customers probably never give much thought to the issue of fraud. When they get their annual or monthly statements of premiums, they probably assume that most of the money paid into policies is paid out again in the form of compensation to legitimate victims of accident, theft, or vandalism, with any funds [...]

Individuals who spend any time considering how tornado damage affects residents of the United States most likely focus on damage to homes and mobile homes. This, indeed, is what the news media also focuses on whenever a tornado or a series of tornadoes sweeps through those states that are prone to this form of natural [...]

There is a new phenomenon in auto usage taking hold in major cities in the United States: “Car Sharing”. Consumers with a car that is sitting idle for hours or days at a time might want to consider this unusual approach to transportation, but as with most things in life, they should be certain to [...]

The refrain “there’s an app for that,” has become a common saying across the United States, but few consumers have probably expected that there would really be much use for a connection between car insurance and their mobile phones. That may soon be changing in Idaho, a State whose Government is currently considering allowing motorists [...]

Shoppers in supermarkets are accustomed to seeing volume discounts; when they purchase several units of the same item, they may receive each at a noticeably lower price. This makes it more efficient to buy several items at the same time rather than purchasing them one by one. A similar principle can apply when it comes [...]

Many States have Mandated a Minimum Level of Car Insurance that Motorists Must Carry. In most cases, drivers in these states are required to purchase policies that will compensate others, not themselves, in case such drivers are to blame for an accident that causes personal injury or property damage. Coverage that will provide benefits for [...]

The extent of income inequality in the United States has been a subject recently covered extensively by news media outlets, but most of the time, the pundits are examining the issue with regard to federal and state tax policy. Now, a new study has revealed that the income gap between poor and rich can also [...]

The term “insurance bundling” generally refers to the practice of purchasing two or more different types of policies from the same insurance company. Sometimes it even involves buying them at the same time, though this is not necessarily required in order to take advantage of a bundle. The main reason why consumers like to bundle [...]

One of the most interesting things about the United States is the fact that most laws and policies are created by State Governments and not by the Federal Authorities in Washington, D.C. This enables the various states to become “laboratories of change,” trying out new ideas on a small scale; ideas that work well tend [...]

States vary in the types of auto insurance systems they choose to implement. The two main systems in use in the United States are traditional liability insurance and PIP (Personal Injury Protection) insurance. In a liability system, if driver A causes an injury to driver B, the insurance that the first driver maintains will pay [...]

The average American most likely believes that he or she is paying too much for car insurance, but the simple truth of the matter is that many Americans do not take the various steps that could help them lower their auto insurance premiums. The situation in the state of Texas is a case in point. [...]

ATPA, otherwise known as the Michigan Automobile Theft Prevention Authority, has released its annual report for 2011, detailing that the rate of vehicle thefts in the state experienced a steep decline during the 2010 calendar year. Compared to the year before, thefts were down almost 9.5%. This is excellent news for car owners in Michigan, [...]

How much does the average American spend on insurance? The answer might surprise you. According to industry research, average Americans end up devoting more than 5% of their income to insurance policies – and some people spend about double that proportion of their income. The figure includes many different kinds of insurance, to be sure, [...]

California has a history of micromanaging issues in the state through the use of the initiative process, which routes a limited amount of lawmaking power directly into the hands of voters. In 1988, voters in California decided that car insurance companies operating in the state would not be allowed to charge customers higher rates merely [...]

Most of us would like to believe that the premiums we pay for a car insurance policy are determined by things that are under our own control – things like the model of car we choose to purchase, how far from our jobs we live, and our own individual driving records. In the complex world [...]

Most American drivers do carry some form of car insurance, but in many cases individual citizens only purchase a policy at all because their state laws require it of them. As they have insurance, these individuals may feel that they are fully covered, but unfortunately, this can be far from the case. State laws usually [...]

In these tough economic times, it makes sense to avoid spending unnecessary money whenever possible. A state official in New Jersey has echoed this sentiment, specifically singling out insurance products as an area where careful shopping can make a world of difference. Tom Considine, who serves as Banking and Insurance Commissioner in the State of [...]

For many American Parents, the issue of paying for a college education for their young adults or teenagers occupies a great deal of their time and attention. Even before the college issue comes up, parents will have to confront another major expense: car insurance for their teenage or young driver. Younger drivers are the most [...]

According to the National Insurance Crime Bureau, New Year’s Day is more than the first day of the new year; it is also the day on which the most cars are stolen. Memorial Day is also a problematic day when it comes to the issue of cars being stolen. Why these two days? NICB data [...]

Many people retain fundamental misconceptions about car insurance despite having held policies for years or even decades. It is always best to clearly understand how your various insurance policies work. Here then, are several common misunderstandings about automobile insurance policies. Comprehensive Insurance Covers Everything Policies referred to as “comprehensive auto insurance” do cover a greater [...]

In the United States, car insurance regulations can vary hugely from state to state, with some states implementing a system known as “no fault” auto insurance. Such is the case in Michigan, but lawmakers there are currently considering possible changes to the nature of the system. These changes are opposed by a coalition of concerned [...]

For those drivers who do not use their car very much, then mileage-based insurance could prove to be a way of making savings. The question “What if I don’t drive my car very much?”, which thousands of car insurance customers could very well ask, raises a valid point. When auto insurance rates are strictly predicated [...]

In California, concerned citizens are allowed to create proposals that will amend state law. These proposals, called initiatives, are placed on the ballot for the voting public to decide assuming they qualify for ballot status. The “continuous coverage” discount that California car insurance companies are awarding some customers is currently the subject of a ballot [...]