Car-sharing service shut down due to auto insurance regulations RelayRides, a popular car-sharing service, has announced that it will cease operations in New York due to auto insurance concerns. Car-sharing programs are becoming more popular as consumers grow more environmentally conscious and look to save money on transportation costs. These programs are typically used by those commuting to and from work, but New York regulators claim that RelayRides violates the state’s auto insurance laws, which could cause some significant problems for the company itself as well as the insurance companies…
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Auto insurance fraud falling in Massachusetts
Auto insurance fraud meets aggressive action in Massachusetts Auto insurance fraud has been a growing problem in Massachusetts. This problem began receiving significant attention from state lawmakers more than a decade ago when a staged accident caused resulted in the death of a state resident. A new report from the Insurance Fraud Bureau of Massachusetts and the Automobile Insurers Bureau of Massachusetts highlights the progress that the state has made in its ongoing fight against auto insurance fraud. The report suggests that the state’s continuous efforts have saved consumers from…
Read MoreTop Safe Driving Apps List Released By Insurance Panda
Insurance Panda, an auto insurance quote comparison website located in Manhattan, NYC, has released a list of the top “safe driving” mobile applications. These apps, which are readily available for devices like the iPhone, Android, Blackberry, and iPod, help people stay safe on the road. Application functionality ranges from helping the elderly stay focused while driving to helping young drivers learn how to drive. The InsurancePanda.com list includes apps for drivers of all shapes and sizes. The article posted on InsurancePanda.com states that mobile phones, smartphones, and mobile devices are…
Read MoreTop 10 Least Expensive Cars to Insure Today
Mark McCrell is an auto aficionado who loves to drive his 1974 Buick LaSabre around town and write about all things auto. He currently blogs for Underground Elephant which specializes in generating auto insurance leads. Now, there’s nothing wrong with wanting to pay a little less in car insurance premiums each year. There are many things that one can do in order to help lower their premiums once they own their car, but there are actually plenty of cars out there that start out with a low insurance rate. Based…
Read MoreDo You Know What Personal Injury Insurance Covers?
Personal injury insurance or personal injury protection (PIP) is an extension of the typical car insurance. It will provide coverage for treatment and medical expenses that are connected to injuries sustained during an automobile accident. Understanding what personal injury insurance covers will help you decide whether it is the right coverage for you and for your family. Basics of Personal Injury Insurance: Although most common in cases connected to automobile accidents, this type of coverage may also be provided for personal injuries and emotional distress resulting from defamation or libel.…
Read MoreAuto insurance rates set to spike in New Jersey
Auto insurance coverage rates on the rise in New Jersey Auto insurance rates in New Jersey are on the rise this year. The state is already home to some of the highest auto insurance premiums in the country, but insurers are looking to raise coverage rates higher throughout the state. While higher rates were expected due to recent natural disasters, namely Hurricane Sandy, these disasters are not actually the reason for higher premiums. According to the New Jersey Department of Banking and Insurance, the rate hikes are actually due to…
Read MoreDon’t Let Insuring Your Teen Driver Break the Bank
Teen driver insurance information for every parent. One of the most exciting and terrifying moments for any parent comes the first time you hand your teen the keys to the family car and watch them drive away alone. You trust your child, and you’ve either taught them well or hired a professional to do so. Still, there may not be anything quite as scary as the moment when those taillights disappear from view. Having a solid automobile insurance policy for your teen driver is more than just a good idea. …
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