Tag: vehicle insurance

Auto insurance affordability is American government’s next focus

G. Turner
auto insurance car

Regulators are now taking a look at how much it costs to cover vehicles across the country. Over the last few years, the federal government has started to amass a list of consumer complaints and has built a database about credit card companies and banks, which has more recently included auto insurance companies. A federal office has now announced that they will be placing their focus on car insurance premiums. The office first made the announcement back in April that it would be increasing the efforts that it was making…

Read More

Auto insurance refund checks from ICBC delayed

Julie Campbell
auto Insurance company canada

Canadian drivers in British Columbia will need to wait a little bit longer to receive their money. Although the checks were supposed to already have been mailed to auto insurance customers of ICBC in British Columbia, Canada, who had been found to be paying too much for their policies over the last few years, it seems that there has been a delay in the process. It has been discovered that the money hasn’t yet been sent out, after all, so customers will need to keep waiting. According to the staff…

Read More

Auto insurance premiums are on the rise in Massachusetts

Logan B.
auto insurance car headlights

Premiums continue to climb since state stopped regulating the auto coverage sector in 2008 Auto insurance is becoming more expensive in Massachusetts. The state is currently home to some of the most expensive auto coverage in the U.S., which is calling into question whether or not regulators should begin overseeing the auto insurance sector once again. In 2008, the state stopped regulating coverage for drivers. For a time, this caused insurance rates to drop by some degree, but they quickly shot up again as insurers sought to generate more profit…

Read More

Satisfaction with auto insurance has never been higher in the US

S.Vagus
car auto insurance

New study highlights consumer satisfaction in the auto insurance sector Global market research firm J.D. Power has released its latest U.S. Auto Insurance Study. The study highlights many of the trends that have emerged in the country’s auto insurance sector and examines how these trends are affecting the insurance business. This year, the study showed that consumer satisfaction has reached an all-time high, despite the fact that insurance premiums have been on the rise for the past five years. Satisfaction reaches 810 points, highest since annual study was first published…

Read More

Insurance Fraud and its Effect on Premiums

Note From The Editor
auto insurance ride share

Auto insurance fraud is a costly problem Insurance fraud is quite prevalent, but not necessary always in the spotlight. Many people don’t understand how fraud affects the insurance industry or that fraud also has an impact on them as well. In the auto insurance sector, fraud has become quite common, partly due to the prevalence of certain laws and the that there are groups devoted to committing fraud in a highly organized manner. Some of these groups are lead by medical and insurance professionals as well. According to the Coalition…

Read More