Live Insurance News

Drivers may be paying too much for auto insurance coverage

January 28, 2015January 27, 2015 Nordstrom

Survey suggests that drivers are paying more than they should for insurance coverage Many drivers in the United States may be paying too much for auto insurance coverage, according to a survey from NerdWallet. The survey drew information from 1,000 zip codes throughout the country, including the average rates that insurance companies charge for covering drivers and their vehicles. The survey found that, on average, prices in auto insurance coverage varied by 154% based on zip code. NerdWallet suggests that those shopping around for coverage could find significant savings. Drivers…

Lindsay Lohan to star in auto insurance commercial for Super Bowl

January 21, 2015January 21, 2015 Julie Campbell

The actress, who has been known for headline making traffic incidents, will be in Esurance ads. There have been several reports that have been making the news that have suggested that Esurance auto insurance commercials have already started filming in Long Beach, California that feature Lindsay Lohan. The insurance news reports continued by indicating that the ads may be played during the Super Bowl. This would mean that Lindsay Lohan’s power to instantly draw the eye will be seen by what is expected to be a record breaking television and…

Auto insurance rates in Detroit continue to be a financial burden

January 21, 2015January 20, 2015 S.Vagus

Insurance coverage for drivers in Detroit continues to grow more expensive Rising auto insurance rates in Detroit may be hindering the city’s economic recovery. Consumers throughout the city have seen their insurance rates soar in the past year. Detroit has been recovering from a record breaking municipal bankruptcy, which has served to make the city somewhat financially unstable. In December of 2014, the city was able to break free of this bankruptcy and its implications, but rising costs of auto insurance coverage could slow further recovery. High insurance rates make…

Usage based insurance is not appealing to most Americans

January 20, 2015January 17, 2015 Julie Campbell

usage based insurance auto car tracking gps

A recent study has shown that over half of the drivers in the country aren’t sold on having their habits monitored. The results of a study conducted on the popularity of usage based insurance, also known as a pay as you drive plan, have recently been released, and they have shown that 51 percent of Americans will not even consider enrolling in this type of program. The majority of consumers are resistant to being monitored in order to be able to obtain possible discounts. The results of the study that…

Insurance technology could place US drivers at risk, says hacker

January 19, 2015January 17, 2015 Julie Campbell

Increasing auto insurance premiums technology

Tech expert, Corey Thuen, will be speaking at the S4 conference to show that pay as you drive dongles aren’t secure. Corey Thuen is a Digital Bond Labs security researcher, who has been working for a number of weeks on the subject of the insurance technology of onboard network dongles that are connected to the OBD2 ports of vehicles as a component of usage based auto policies. The findings of the research have been striking and they will soon be presented in a talk entitled “Remote Control Automobiles”. Thuen looked…