Auto insurance theft claims low for Prius

Vehicle Theft black friday auto insurance claims

According to recent data, thieves seem to avoid this Toyota hybrid vehicle. The National Insurance Crime Bureau has released its statistics related to auto insurance claims for stolen vehicles and has found that the Toyota Prius is rarely targeted by thieves. This popular hybrid vehicle has a very low theft rate Furthermore, the report also showed that even when this vehicle is stolen, it is common for law enforcement to find it quickly and return it to its owner. This can mean good news for the auto insurance premiums that…

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Auto insurance claims regarding deer-vehicle crashes on the rise

Auto Insurance claims on the rise with deer collisions

Adjusters and body shops in North Carolina have been especially busy this season. Although drivers in North Carolina have always needed to remain aware of deer near the roads, this year is proving to be an especially problematic one for auto insurance claims involving collisions between vehicles and the animals. This time of year presents a dangerous combination of hormonal deer and vehicle traffic at dusk and dawn. According to the Charlotte-Mecklenburg Park and Recreation natural resources manager, Chris Matthews, “This is the time of year when the deer get…

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Auto insurance for electric cars has certain additional implications

electric car auto insurance

  Being eco friendly also means that you need to understand your coverage. After many struggles over several decades, the electric car is finally starting to get some mainstream attention, but many would-be drivers are still finding that the cost of auto insurance is holding them back from purchasing the vehicles that they would like to drive. The cost of insuring these vehicles – which are already on the pricy side – is presenting a setback. Though slow progress is being made in the introduction of electric cars as people…

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Auto insurance costs are rising, but Americans are happier with their coverage

Questionable tow and glass claims run rampant

J.D. Power and Associates have found that despite the price, satisfaction is high. The results of a new J.D. Power and Associates study have been released, showing that while Americans are paying more for their auto insurance policies, their satisfaction levels with the companies that are covering them have risen. This is good news for an industry that will be facing tremendous claims from Hurricane Sandy. These results were from the 2012 U.S. Auto Claims Satisfaction Study conducted by J.D. Power and Associates. It has indicated that while out of…

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Homeowners insurance could rise by 18 percent in North Carolina

North Carolina Homeowners Insurance Rates

The state commissioner is currently considering this increase, which some agents are calling necessary. Homeowners insurance customers could soon find that their premiums are headed strikingly upward in North Carolina, as the commissioner considers a price hike by an average of 18 percent. Many customers are saying that this is an additional financial burden that is making the coverage unaffordable. Many residents of the state are very upset and feel that an increase of this size is unfair and could make their homeowners insurance cost prohibitive. The average annual rate…

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