Tag: auto car insurance

Auto Insurance in California – What you need to know

Guest Author
California auto insurance

California has stringent requirements when it comes to car insurance. As of 2006, drivers must provide proof of financial ability to cover the expenses related to a motor vehicle accident. Any uninsured vehicle will be impounded immediately and in addition to the expenses related to impounding the car, the driver will receive a large fine. Drivers are also financially liable for any accident in which they are involved. Providing proof of financial ability can take one of several forms in California. Drivers can provide the state of California with a…

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Cadillac Escalade tops the HLDI’s list for the fourth year as most likely to be stolen

Julie Campbell

For the fourth year in a row, the Highway Loss Data Institute (HLDI) has placed the Cadillac Escalade at the top of its list of vehicles that are most likely to be stolen. The institute has based its rankings on the claims data from auto insurance companies from 2008 and 2009. According to the HLDI, among the vehicles holding the top ten positions with the highest frequency of theft, eight are large vehicles from Ford or General motors, including trucks and SUVs. The remaining two on the list are different…

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Some California cities will continue with red light cameras

Various cities in Southern California have chosen to continue their commitment to enforcing red lights with cameras, regardless of L.A.’s decision to terminate the program. There was a unanimous vote in the Los Angeles City Council (13-0) in favor of ending the program after city officials deemed the payment of the fines for tickets issued by the cameras to be voluntary. This angered many motorists who had already paid their own tickets. Cities who remain committed to the program include Beverly Hills, where the program for red light cameras has…

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Mercury Insurance shows their approval for newly proposed auto discount in California

Live Insurance News

Mercury General Corp. has just announced its support of an auto insurance initiative comparable to last year’s Proposition 17, which was turned down by voters in June 2010. Supporters of this initiative are thrilled with Mercury’s backing, and are hoping that this second effort will make the difference. Insurance trade group, American Agents Alliance’s executive director, Mike D’Arelli, submitted the proposed initiative’s summary to the California attorney general’s office; taking the first step toward a vote on the initiative. Mercury had previously been a supporter of Proposition 17, having spent…

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Top 12 most stolen vehicles in the U.S.

Forbes magazine has released its annual list of the most stolen models of cars, which is compiled using the National Insurance Crime Bureau Hot Wheels Report statistics. According to a spokesperson for the National Insurance Crime Bureau, Frank Scafidi, though many people would imagine that the struggling economy would lead to an increase in street crime, “There is no empirical data to make that kind of broad statement,” so the organization is working to try to minimize that assumption. The FBI’s crime division’s statistics actually showed that 2010 had the…

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