Live Insurance News

Survey: “Would You Trade Your Privacy For Lower Car Insurance Rates?”

March 27, 2013April 14, 2014 Guest Author

Survey and Guide by CarInsuranceCalculator.info According to a recent press release, the NHTSA aims for all cars manufactured after 2014 to come with a little black box (Event Data Recorder – EDR). Proponents stress increased safety and savings on insurance premiums, while opponents underline the threat to privacy and even forecast increased premiums; CarInsuranceCalculator.info wraps up and issues a survey to ask consumers how much do they value their privacy. The initiative by The National Highway Traffic Safety Administration (NHTSA) would require all cars manufactured after August next year to…

Louisiana home to most expensive auto insurance coverage in the US

March 23, 2013March 21, 2013 G. Turner

Survey shows Louisiana leads in terms of auto insurance costs Insure.com, an online insurance marketplace, has released its latest annual survey concerning the average cost of auto insurance throughout the U.S. The survey highlights the cost of auto insurance rates in all states, showing how much consumers can expect to pay to cover their vehicles. This year, the survey shows that Louisiana is at the top of the list of states where auto insurance coverage is most expensive. Maine is the state with the lowest average auto insurance coverage rates.…

Allstate remains ahead of Geico in auto insurance market

March 18, 2013March 17, 2013 Dan

Gap between Allstate and Geico begins to narrow Allstate remains the second largest company in the U.S. in terms of auto insurance, but the company may soon lose its position to competitor Geico. Over the past year, the auto insurance sector has seen some volatility due to the frequency of natural disasters and the prevalence of insurance fraud. Despite this volatility, however, several auto insurance companies, such as Allstate and Geico, have managed to generate strong profits. The gap that once separated the two companies is beginning to narrow as…

Auto insurance survey shows drivers would take breathalyzer for discount

March 15, 2013March 14, 2013 G. Turner

Motorists would be willing to prove their low alcohol levels in order to lower their premiums. A new auto insurance survey has shown that most drivers would be willing to install a breathalyzer in their car to prove to their insurers that they aren’t driving after drinking, in exchange for a discount on their premiums. Almost two thirds of the survey respondents said they would be willing to add this feature to their vehicles. The survey also showed that the number of people willing to install a breathalyzer in their…

Auto insurance fraud on the rise in Nevada

March 5, 2013March 4, 2013 Logan B.

Auto insurance fraud turning Nevada highways into dangerous territory Fraud is nothing new in the world of business, especially when it comes to auto insurance. Auto insurance fraud is on the rise in Nevada, according to the state’s Highway Patrol. Law enforcement officials claim that the number of staged accidents is climbing and that these accidents often revolve around the trucking industry. The prevalence of fraud is causing the cost of auto insurance to spike in some parts of the state, especially in Las Vegas, where staged accidents occur frequently.…