Live Insurance News

Insurance law that fines uninsured Louisiana drivers cause anger

October 6, 2014October 4, 2014 G. Turner

These high penalties have caused some residents of the state to call this new regulation unfair. A new insurance law has now gone into effect in Louisiana, which is designed to deter drivers from heading out onto the road while uninsured, but some residents of the state are now calling it unfair, as the penalties associated with it are quite high. Previously, the fine for driving without any auto insurance had been a small, one-time fee. However, drivers are now discovering that this insurance law means business. The fee now…

Auto insurance will be required on all Mexican federal roads

September 9, 2014September 6, 2014 Julie Campbell

Though state laws aren’t changing with regards to coverage, federal highways and bridges are different. Coverage is going to be mandatory whether you’re a citizen of the country or you’re driving across the border for a fun vacation, so auto insurance policies should be checked to ensure that they are adequate. New amendments to the laws in the country have determined that car insurance is a necessity for drivers. Though there is still a considerable rate of uninsured drivers in the country, for those who want to head out on…

Auto insurance bill allows members of the military to keep coverage

May 23, 2014May 20, 2014 G. Turner

servicemembers military USAA Insurance company

Should it become a law, these individuals will be able to maintain their policies when changing states. At the moment, members of the military and their families cannot necessarily carry their auto insurance coverage from one state to the next when they are required to move for their jobs, but a new bill has now been introduced in Congress with the intention of changing that trend. This bill would make it possible for the policies to be kept active when moving from one state to another. The Servicemembers Insurance Relief…

Auto insurance hike prevention efforts taken on by Michigan

April 29, 2014April 26, 2014 H. Cutner

The state’s legislators are now getting behind efforts to stop rates from rising from pothole damage claims. A long winter of extreme weather has now brought about a rather nasty pothole season in Michigan, and the state’s House of Representatives are now looking into a bill that has recently been introduced to help to control the impact that this will have on auto insurance premiums as claims from damage start pouring in. The bill is meant to help to keep premiums from rising because a claim was made for pothole…

Could the city of Detroit become an auto insurance company?

March 4, 2014March 1, 2014 H. Cutner

The mayor has proposed that the city begin its own coverage to help to overcome several problems. The mayor of Detroit, Mike Duggan, has been drawing quite a bit of attention back to his struggling city has he has proposed that he would begin an auto insurance company that will help to keep the skyrocketing premiums under control in the area. The announcement was made within the mayor’s State of the City address. He pointed out that recent red lining has led drivers who had already been paying high annual…

Auto insurance prices in U.K. continue to drop

January 31, 2014January 28, 2014 H. Cutner

According to the A.B.I., the average amount paid to cover a vehicle is still on its way downward. The cost associated with purchasing and owning auto insurance in the United Kingdom has dropped another 9 percent over the last year as a growing number of consumers are using the resources available to them over the internet to be able to comparison shop and find better rates. This, according to a survey which also credits fewer claims into the dropping premiums. The data was provided by the Association of British Insurers…

New legislation could change auto insurance in Pennsylvania

December 20, 2013December 17, 2013 Nordstrom

Legislation aims to make insurance coverage more flexible A new legislation in Pennsylvania may have a dramatic impact on the way drivers receive auto insurance coverage throughout the state. Senate Bill 1040 has been gaining momentum in the state’s Legislature and aims to make it possible for drivers to provide proof of their auto insurance coverage electronically and sign up for coverage without deductibles. The legislation has managed to acquire strong support from state lawmakers that believe some changes to the auto insurance sector should be made for the sake…