Tag: auto insurance premiums

Auto insurance premiums skyrocket after a claim

H. Cutner
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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Automobile insurance study shows affordability improvements

Julie Campbell
Automobile Insurance affordability

The research determined that auto coverage has become more affordable for people at all levels of income. A recent study that was conducted by the Insurance Research Council (IRC) has determined that automobile insurance is becoming more affordable and that this trend has been maintained over the last ten years, particularly for individuals within the lower and middle income ranges in the United States. Every state except for six experienced improvements in their affordability from the 1990s to the 2000s. Among all of the states and the District of Columbia…

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Report highlights growth of auto insurance rates in the US

Logan B.
California Auto Insurance

Auto insurance rates have been on the rise for the past 25 years The Consumer Federation of America has released a new study highlighting auto insurance rates throughout the U.S. According to the study, auto insurance rates have been on the rise for the past 25 years. The only state that has shown any significant average decrease in these rates has been California. As auto insurance rates continue to rise throughout the country, coverage may be getting too expensive for some drivers to afford. This could lead to many people…

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Insurance news made with IIHS Top Safety Picks

Julie Campbell
auto insurance news vehicle safety crash test

Choosing the right vehicle can help to keep premiums to a minimum, so these releases are carefully watched. The Insurance Institute for Highway Safety (IIHS) has now released its latest Top Safety Picks, making insurance news as many insurers and consumers pay attention to these statistics in order to make choices regarding the premiums that will be paid. Among those top picks from the IIHS, were the 2014 Fiat 500L, and the 2014 Jeep Cherokee. As these two insurance news making models are both from the Chrysler Group, that auto…

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Auto insurance discounts possible for New Yorkers who take a course

H. Cutner
auto insurance defensive driving course

A defensive driving class could be all that stands between N.Y. motorists and paying less for coverage. The New York State Department of Motor Vehicles has now given its approval to a handful of courses in order to teach defensive driving so that motorists will be safer on the roads and will reduce their risks so that they can pay less for their auto insurance coverage. These courses are being seen as a way for New Yorkers to stay safe and save money at the same time. The purpose of…

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