Tag: California auto insurance

Man attempts auto insurance fraud an hour after crashing his car

G. Turner
auto insurance fraud - Car Crash

An uninsured California man attempted to purchase a policy an hour after having an accident. A man from California is on his way to prison after having committed auto insurance fraud an hour after a crash. The man has been convicted and will spend 11 years in jail, according to an Insurance Business Magazine report. The man was uninsured at the time of the crash but attempted to buy a policy an hour later. According to prosecutors on the case, the man had an accident in his car, then bought…

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Auto insurance premium discount not in the cards for most low-mileage motorists

G. Turner
Auto Insurance Premium Discount - Low-mileage - car dashboard

Consumer Federation of America research found that drivers who don’t drive much don’t save. Most people would assume that drivers who don’t head out on the road much receive an auto insurance premium discount. However, the Consumer Federation of America (CFA) says otherwise. A recent CFA study shows motorists with low mileage aren’t enjoying car policy savings. The only state where an auto insurance premium discount is applied for low mileage drivers is California. The consumer advocacy group pointed out that the state legally requires insurers to provide the price…

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California auto insurance investigating premiums discrimination

Marc
san francisco california auto insurance

The state Department of Insurance launched an investigation into the factors used to calculate rates. The California auto insurance industry may soon be changing the way its rates are calculated in order to reduce discrimination against drivers from minority neighborhoods. The California Department of Insurance launched an investigation into the practices of eight auto policy providers in the state. The investigation is meant to decide whether the insurers are discriminating against people in minority neighborhoods. The California auto insurance rate investigation was launched in response to an article published on…

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Auto insurance rates are strikingly higher in some states than others

Logan B.
michigan auto insurance rates

A new study has revealed a major difference in premiums and Alabama drivers continue to pay more. Quadrant Information Services and insuranceQuotes.com have jointly released an auto insurance rates study. Within it, they named Alabama as the fourth most expensive state for drivers to be insured. The research examined some of the factors that play a role in making this coverage more expensive. What was found was that Alabama drivers pay more in auto insurance rates because of state regulations. Insurance companies in the state are permitted to use driving…

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California approves new auto insurance products for TNC industry

Marc
california immigrant auto insurance law

New insurance products will be available for TNC drivers California officials have approved new auto insurance products that will affect the Transportation Network Company (TNC) space. Companies like Uber and Lyft have had a major impact on the insurance space, largely due to concerns that these companies are not providing adequate coverage for their drivers. Insurers are beginning to take note of the rising popularity of TNC and, in order to mitigate risks, have begun offering new insurance policies. State Farm is among these companies. State Farm is among several…

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