Business owners in Texas may now have a commercial auto insurance policy available to them at a lower rate, as GEICO announced that they have made this new coverage available in the state. According to the director of commercial lines at GEICO, Kushwant Singh, his company is happy to be able to provide this new coverage to Texas businesses. He added that his company is recognized for providing cheap auto insurance coverage, but that “more and more business owners in Texas are discovering how much they can save with us…
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New York legislators introduce three new laws to combat auto insurance fraud
In the continuing fight against auto insurance fraud, New York legislators have passed three new bills that will impose serious penalties on those committing crimes. The bills were passed by the state’s Senate late last week and will be heading to the Assembly for further consideration. Lawmakers are considering auto insurance fraud one of the state’s most serious issues. According to the Senate, fraud costs the state more than $1 billion every year and deals untold damage to the auto insurance industry. These damages translate into higher premiums for consumers…
Read MoreRanking the states by the cost of auto insurance coverage
According to the Insure.com study results, which have only just been released, Louisiana is the state in which it is most expensive to insure a vehicle in the entire country, whereas Maine enjoys the lowest insurance rates in the U.S. The average annual cost of insuring a car in Louisiana is $2,536, whereas in Maine the average cost is only $889. The issues that have been driving the rates higher in many states includes the insurance laws within those states, larger numbers of drivers without insurance, the number of different…
Read MoreErie Insurance survey shows customers distracted from coverage by amusing advertising
Erie insurance has released the results of its latest survey that has shown that insurers have released so many humorous ads that are focused on the price of their products that consumers have been distracted from the actual coverage. Among the participants in the survey, 68 percent said that the majority of the funny auto insurance ads were focused on the money savings they provide. Though these same respondents said that the coverage that a policy provides is the most important thing to consider when buying insurance, 74 percent said…
Read MoreGapInsuranceInfo.com announces new site to fill in the gap left by standard insurance
GapInsuranceInfo.com has announced the launch of their new website, which is designed to help Americans to find the gap insurance they need to fill in the coverage holes left behind by their standard policies. This supplemental coverage can help with gaps in protection for home, auto, health, life, and business. It provides actual cash benefits to make sure that you’re covered, no matter what unforeseen circumstances are sent your way. For example, many people who have health policies – either through their employers or that they’ve purchased themselves – believe…
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