Study finds that disabled individuals pay more for auto insurance than those without disabilities

A new study from 4AutoInsuranceQuote.org, an auto insurance quote provider, shows that the disabled are paying more for their insurance coverage than other consumers. This may conflict with a federal law that bars insurance companies from using a disability as a pricing point for coverage. The study accounts only for the New York auto insurance market, but it may reflect pricing trends throughout the country. According to the Americans With Disabilities Act of 1990, this practice counts as discrimination and may cause some problems for insurers if they cannot justify…

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Research reveals ratings for insurance company customer satisfaction

The results of a new national study by Insure.com has revealed how satisfied customers feel with the coverage and service they are receiving from some of the largest home, health, auto, and life insurers in the country. The company simultaneously released a new tool called Best Insurance Companies, which gives consumers the ability to compare their own insurer with the satisfaction levels achieved by other major insurance companies. Consumers can discover the satisfaction ratings in five different categories: • Value for cost of premiums • Customer service • Percentage of…

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Travelers of Massachusetts unveils New Car Discount program for reduced insurance costs

Travelers of Massachusetts has announced that in response to the increase in new purchases – which, according to the Massachusetts Registry of Motor Vehicles, is expected to beat the 310,547 purchased last year by 7 percent – it is launching the New Car Discount. This will help the residents of Massachusetts who have purchased new cars to obtain greater savings on their auto insurance. In fact, drivers with new vehicles – that is, those that are less than three years old – will be able to use it to obtain…

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The cost of your vehicle doesn’t end at the price tag

If you’re hoping to save money on your auto insurance, then one of the most important factors that you should be considering is the type of vehicle that you’re driving, as this is one of the key factors that decides how much your rates will be. Overall, the rule of thumb is that if you want the very cheapest auto insurance, then a four door family-friendly vehicle will bring the best results. For example, the popular Town & Country by Chrysler is a vehicle that is considered to be both…

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California Car Insurance: Sequoia offering new “Pay As You Go” insurance plan

Following the latest insurance trend sweeping the nation, Sequoia Insurance Co., one of the largest insurers in California, will begin offering a pay-as-you-drive auto insurance policy. Sequoia joins State Farm and Progressive in offering this particular policy, increasing the options available to California drivers. Progressive was the first to incorporate this concept into their coverage options after finding that fewer people were taking to the road in light of rising gas prices and other costs. Drivers interested in the coverage must first have a small device installed in their vehicles.…

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