How to Get Insurance After a DUI

April 3, 2021April 3, 2021 Guest Author

If you’re charged with driving under the influence, it’s something that can have a severe impact on every part of your life. You may face jail time or hefty fines. You may also struggle following a DUI charge and conviction to find car insurance. A conviction for driving under the influence can mean your auto insurance premiums go up anywhere from 30% to 370% depending on your state and insurance company. With that being said, every insurance company takes its own approach to DUI convictions and calculating subsequent premiums. A…

7 Types of Insurance Every Millennial Must Consider

March 19, 2021March 19, 2021 Guest Author

Millennials insurance that they are buying

If you were born between 1978 and 1999, you are classified as a millennial. The millennial generation is regarded as one of the most financially conservative generations since they are careful when it comes to investing and saving. Therefore, it’s surprising to look at the fact that a vast majority of individuals between 18 and 39 are underinsured. Here are 8 types of insurance plans millennials should consider: 1 Life Insurance Life insurance isn’t something that only the wealthy need. Depending on your particular situation, perhaps, you need it as…

6 most common causes of car accidents

March 17, 2021 Guest Author

Every year thousands of car accidents occur throughout the United States. In many cases, motor vehicle accidents have terrible consequences for everyone involved, such as severe injuries, loss of earnings, devastating material losses, etc. Although some auto accidents cannot be prevented, if drivers are aware of the most common causes of car accidents, they may be able to avoid a collision that ends up being fatal. Now, if you were involved in a car accident due to the negligence of another driver, you may be entitled to compensation for your…

Tesla Insurance to expand coverage into Texas, Washington and Illinois

March 16, 2021March 15, 2021 H. Cutner

The electric car company already covers its vehicles in California, and now it’s moving outward. Elon Musk has long promised Tesla insurance to owners of the company’s electric cars. So far, the rollout has been exclusive to California, but the coverage is now reportedly moving into three additional states. The first three states that will have the auto policies available outside California have now been announced. Tesla insurance applications have been submitted to state regulators in Texas, Washington, and Illinois. Assuming that permission is granted to the company to operate…

Auto insurance companies war to acquire consumers, says JD Power

March 11, 2021March 10, 2021 G. Turner

Auto insurance companies - hands - car in bubble

Compared to pre-pandemic figures, industry trends are showing a return to that baseline. As the United States arrives at its first anniversary of the arrival of the COVID-19 pandemic, trends among auto insurance companies are starting to show a return to the baseline established before the crisis began. This, says a recent JD Power report, will only intensify the current war for customer acquisition. The stay-at-home orders from last year substantially reduced the number of drivers on the road. Many people worked remotely for the first time, while others were…

5 Awesome things your local car insurance agents can teach you

March 9, 2021March 9, 2021 Loreen

local car insurance agents let you know coverage you do and do not have #carinsurance #rentalcarinsurance #allstatedrivewise

You might be shocked at the coverage you do and do not have. Your local car insurance agents have a wealth of knowledge and experience about your coverage that can be everything from fascinating to useful. These facts can save you a surprising amount of money. Talking to an insurance expert near you can ensure you are protected where you think you are. It’s always a good idea to review your coverage with one of your local car insurance agents once a year to be sure your coverage is what…

Berkshire’s 2020 underwriting profit got a shot in the arm from GEICO

March 5, 2021March 4, 2021 Logan B.

Underwriting profit - Person holding out cash

The company’s income was black, even when its P/C reinsurance experience notable losses. Berkshire Hathaway recently reported that despite the widespread losses it saw in insurance on the whole, it managed to see property/casualty underwriting profit last year due to GEICO’s performance. The number two insurer in the United States managed to more than double its profits from 2019. The results GEICO brought Berkshire Hathaway brought its full-year property/casualty income into the black, despite having seen underwriting losses in P/C reinsurance in both 2019 and 2020. All tolled, GEICO brought…

Tag: auto insurance