Live Insurance News

Car insurance premiums increase as income decreases

June 30, 2016June 29, 2016 Marc

A new study revealed that the less a driver earns, the more he or she is likely to pay. The Consumer Federation of America (CFA) recently conducted a study on car insurance premiums. They compared the rates paid by white collar drivers with those of blue collar drivers. The research showed blue collar drivers pay a lot more than white collar drivers for auto insurance. Moreover, the difference wasn’t small. The research discovered a massive difference between the two. Blue collar drivers pay an average of $681 more than white…

The average auto insurance customer hasn’t switched companies since 2003

July 22, 2015July 21, 2015 Julie Campbell

According to recent research, one in every three drivers has not shopped around at all for a policy. A recent study was conducted by insuranceQuotes.com, which has now issued its results in a report that showed that the average American driver hasn’t changed the auto insurance provider covering their vehicle in over a decade. In fact, the average length of time since the last change in insurance companies was 12 years, said the report. Furthermore, about one quarter of all drivers have been sticking with the same auto insurance company…

Michigan auto insurance comes with the highest premiums in the country

April 29, 2015April 29, 2015 Julie Campbell

According to a recent report, drivers in this state are paying far more than those in the rest of the U.S. Drivers in Michigan are not necessarily surprised at the results of an auto insurance data analysis that were recently published by insuranceQuotes.com which revealed that those motorists are the ones paying the highest premiums for their coverage. The state has a history of far more expensive car insurance than the average for the rest of the country. According to the statistics released by the firm, drivers in Michigan are…

Factors That Impact Car Insurance Premium Negatively and What You Can Do About It

February 1, 2014February 3, 2014 Guest Author

A number of things affect our auto insurance rates. Some work to our advantage and lead to discounts, whereas others get us deemed risky customers and lead to higher insurance premiums. There may not be much we can do about how old we are and where we live, but there are certain factors that impact our premiums negatively which we do have control over. Read on to find out what these factors are and what you can do to stop them from creating a bigger hole in your pocket. Your…

Donating a car in California will affect your auto insurance rates

January 15, 2014January 15, 2014 G. Turner

Donating a car in California auto insurance

Many people are surprised at the impact of donations on their own premiums. Watching the recent news headlines has revealed that donating a car in California has become a growing trend in the state, but at the same time, many of these generous individuals and businesses are discovering that the impact that this can have on auto insurance premiums can be a surprising one. There are many different factors impacting premiums and a donation can alter these calculations. While many people feel that by donating a car in California, they…