Michigan auto insurance law does not guarantee drivers savings, says official

Michigan Auto Insurance Law - Driver - Steering Wheel

Motorists have been hopeful that the much-needed changes would make a difference, but it’s not assured. Drivers have been waiting for a new Michigan auto insurance law to help control high and rising premiums in the state. However, according to one official, motorists should not consider the savings to be guaranteed. The personal injury protection (PIP) system has made Michigan rates the highest in the country. The new Michigan auto insurance law does not provide any new assurances that the extra costs from additional required liability coverage would be offset…

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Tesla insurance still slated to move forward after delay, says Musk

Tesla Insurance - Tesla Charing Station

Elon Musk spoke at the company’s annual shareholder meeting, addressing his previous coverage claims. CEO Elon Musk spoke at his company’s annual shareholder meeting, addressing the topic of the Tesla insurance he’d previously promised to drivers of the automaker’s electric vehicles. Musk insists that the electric vehicle insurance product is still in the works, only delayed. Musk explained that the Tesla insurance product would become available after an unspecified acquisition is completed. He also pointed out that additional software was in development. The Tesla electric vehicle insurance would become available…

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Thousands of tornado insurance claims filed after Ohio devastation

Tornado Insurance Claims - Disaster left after Tornado

Local insurers and agents have been assisting policyholders with damaged homes, vehicles and businesses. Policyholders in Ohio are encouraged to begin filing their tornado insurance claims following the storms last week. The twisters hit on Monday night and damaged homes, cars and businesses. Insurance companies are expecting thousands of claims and agents are bracing to assist them all. Insurers such as Allstate, State Farm, and Farmers have been fielding ceaseless client calls. “When the devastation is this much, it’s like nothing any of us in our area has really seen,”…

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Allstate’s “Mayhem”, Dean Winters, died for 5 minutes a decade ago

Dean Winters - Allstate Mayhem commercial - YouTube

The actor suffered from an infection that left him dead for minutes before doctors revived him. Dean Winters, the man who played “Mayhem” for Allstate Insurance, revealed that he was dead for 5 minutes in 2009. The actor played the insurer’s chaotic walking whirlwind and has had personal experience with real-life disaster. The actor recently revealed in an interview that an infection killed him for almost five minutes. “I had a rough ride in an ambulance. I went septic due to an illness that I had as a kid and…

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Gerber moves forward with Virtual Assist technology for efficiency improvements

Virtual Assist - Car Crash - Vehicle Damage

The new tech tool will provide vehicle appraisal improvements for enhanced customer service. Gerber Collision & Glass has revealed that it is adding Virtual Assist to improve its efficiencies. This software is meant to make the process smoother for customers during vehicle damage appraisals. The company announced its decision this week at Austin’s DigIn Future of Insurance conference. Gerber’s announcement revealed the company’s collaboration software for improving internal efficiencies. It tested the Virtual Assist software ahead of its decision to license it throughout its organization. This tech is licensed by…

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Does bad credit affect car insurance rates?

credit car insurance rates

If you’ve got bad credit you may be worried about how it affects a number of things you apply for. When you think of applying for things that need a credit check you may automatically think of things such as car finance, credit cards, mobile phone contracts or mortgagees. But have you thought about how your credit rating affects your car insurance premium? Refused Car Finance are bad credit car finance specialists who help people get car finance even if they have bad credit. They explore whether bad credit affects…

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Mercury Insurance ordered to pay $27.5 million in fines

Mercury Insurance - Lawsuit - Gaval

A California appeals court has ruled in favor of reinstating the penalties against the insurer. In California, a state appeals court has reinstated a fine of $27.5 million in penalties against Mercury Insurance Co. The ruling from earlier this week was the outcome of a case accusing the insurer of charging illegal broker fees. The auto insurance company charged illegal broker fees in 180,000 transactions with its customers. The fees were charged to customers from 1999 through 2004. The fines against Mercury Insurance were originally imposed by the California Department…

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