Auto insurance prices in U.K. continue to drop

Auto Insurance Savings

According to the A.B.I., the average amount paid to cover a vehicle is still on its way downward. The cost associated with purchasing and owning auto insurance in the United Kingdom has dropped another 9 percent over the last year as a growing number of consumers are using the resources available to them over the internet to be able to comparison shop and find better rates. This, according to a survey which also credits fewer claims into the dropping premiums. The data was provided by the Association of British Insurers…

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Auto insurance in cities could change with car ban

bigstock empty street in modern city 53137219

The industry is now starting to consider the impact of future legislation with the intent of going green. When it comes to the majority of cities, traffic jams – particularly at rush hours – are generally accepted as a part of the urban experience, but this could change dramatically, as could the state of auto insurance, if a number of cities around the world that are considering a future ban on automobiles within those areas actually go through with the concept. Even some of the countries that are most associated…

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Auto insurance requirements raised in Ohio

Ohio insurance auto premiums

Ohio drivers will have to up their insurance coverage in order to comply with state’s new standards Drivers in Ohio are set to see an increase in their auto insurance premiums as the state increases its minimum insurance requirements. The last time Ohio’s minimum insurance requirements were changed was in the 1960s and state officials suggest that the old requirements are no longer able to cover the costs associated with accidents. This belief is supported by many of the state’s insurers, most of who have been pushing for updated standards…

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Auto insurance requirements set to rise in Arizona

arizona auto insurance

Arizona lawmakers aim to raise the insurance requirements for the states drivers The minimum level of auto insurance coverage is about to rise in Arizona. A new legislation has been introduced that would require drivers to purchase additional coverage and pay higher rates. The legislation seeks to mitigate the risks that exist in the state. The minimum auto insurance level has not been changed for the past 42 years and lawmakers suggest that the current insurance requirements are no longer adequately protecting the state’s residents from accidents and other issues.…

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Auto insurance premiums skyrocket after a claim

Ohio insurance auto premiums

Ohio drivers only need to make one claim to watch the amount that they pay rise by 35 percent. According to the results of a recent report, after filing only one claim on a policy, a driver in Ohio can expect to see his or her auto insurance premiums jump by an average of 35 percent. This increase in the monthly bill is the 16th highest that was measured among the states. The auto insurance premiums report was issued by Bankrate.com, the parent of InsuranceQuotes.com, which conducted it in the…

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