Auto insurance details often leave consumers wondering

Auto Insurance

Policyholders aren’t certain whether certain specific incidents are covered. Though most policyholders have a good grasp on the basics of what their auto insurance provides, many still feel left in the dark in terms of certain specific circumstances such as whether or not they have coverage for a bad tank of gas that requires the car to be towed so that a mechanic can drain the tank and lines and replace the fuel. The answer isn’t as simple as some policyholders would like as it does depend on the policy.…

Read More

Alabama auto insurance law cracks down on uninsured drivers

Proof of Auto Insurance

New auto insurance regulation may make Alabama roads safer In Alabama, a new auto insurance regulation is scheduled to take effect January 1, 2013, which will institute a new system that will make it more difficult for drivers without insurance coverage to be on the road. The new system is expected to crack down on the 900,000 vehicles registered in the state that do not have any kind of auto insurance coverage. According to state law, drivers must maintain liability insurance coverage, but Alabama has been struggling to make sure…

Read More

North Carolina lawmakers to assess whether state’s auto insurance rate system needs to be improved

North Carolina legislators have begun examining the state’s rate-setting system and its effects on the auto insurance industry. Lawmakers have been assessing whether changes need to be made to the system since early 2011, when proposals for fixes to the system made their way to the state’s General Assembly. Some legislators claim that changes to the state’s auto insurance system need to be changed to be more consumer friendly, while others say that the current system is not effective in handling the risk of those with poor driving skills or…

Read More

Adequately insured motorcycle riders don’t require helmets

Motorcycle riders who carry enough motorcycle insurance – and who carry proof of that coverage – are now allowed to drive in Michigan without helmets following a preliminary vote in the state’s House that lifted that requirement. The legislation states that any motorcycle driver who is 21 years or older will be allowed to ride without wearing a helmet as long as he or she carries a minimum of $20,000 in medical coverage. Furthermore, the driver must have successfully completed an approved motorcycle safety course and must have at least…

Read More

Michigan Senate bill aims to restrict auto insurance injury benefits

According to the results of a study that were recently released, there would be “potentially disastrous economic impacts” if there were to be a cap to the personal injury benefits under the state’s no-fault insurance law. The research, which was performed by the Anderson Economic Group for the Coalition Protecting Auto No-Fault, looks into the possible outcome of a bill before the Michigan Senate that had bipartisan support. This bill was sponsored by senators Virgil Smith (D-Detroit) and Joe Hune (R-Whitmore Lake) and would permit a cap as low as…

Read More