Tag: car insurance policy

Arkansas Insurance Department cautions drivers against car policy scam

Marc
Arkansas Insurance Department - car - hand - insurance scam

Commissioner Allen Kerr has issued a warning to consumers in the state due to fraudulent policy sales. The Arkansas Insurance Department recently issued a warning to drivers to take care when purchasing an auto insurance policy. There has been a broad rash of fraudulent car insurance policy sales in the state. The fake car insurance is being sold by people posing as agents and are primarily selling at dealerships. According to the Arkansas Insurance Department warning, the fraudulent auto insurance policies are being sold mainly at car dealerships. People pretending…

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Auto insurance customers in Ontario, Canada overpaying by $5 billion

Julie Campbell
California auto insurance rates - man holding car key

A new Ontario Trial Lawyers Association says policyholders have paid far too much over five years. Ontario, Canada auto insurance customers may have been overpaying by as much as $5 billion on their premiums. This figure accumulated over the last five years, said a new Ontario Trial Lawyers Association report. Claims continued falling as car insurance company profits grew significantly in that time. At the same time that auto insurance customer were making fewer claims, insurers were making more money. In fact, according to the report, insurer profits rose to…

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The average auto insurance customer hasn’t switched companies since 2003

Julie Campbell
auto insurance premiums

According to recent research, one in every three drivers has not shopped around at all for a policy. A recent study was conducted by insuranceQuotes.com, which has now issued its results in a report that showed that the average American driver hasn’t changed the auto insurance provider covering their vehicle in over a decade. In fact, the average length of time since the last change in insurance companies was 12 years, said the report. Furthermore, about one quarter of all drivers have been sticking with the same auto insurance company…

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Why Bundling Home and Car Insurance is a Smart Move

Guest Author
couple 2

Not only is it harder work shopping around for separate quotes for your auto insurance and then your home insurance but it could also be costing you more money by buying individual policies .  Many insurance companies offer discounts for loyal customers who choose to give their business to them on several fronts so it is worth checking out to see whether you can save money by bundling.  Why bundling makes sense  When you think it about it, if you went into a store and offered to buy three of…

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Auto insurance for self driving cars – will it be cheaper?

Julie Campbell
Google driverless cars auto insurance

Many wonder whether or not coverage will be less expensive when vehicles operate themselves. As a small handful of companies, including Google, work on creating driverless or self driving cars, many people wonder what type of impact this will have on their auto insurance rates. Lawmakers in some states are already working on the first set of rules for vehicles that drive themselves. What many prospective future owners are wondering is whether or not this added technology will provide savings on auto insurance policies. Florida, Nevada, and California have all…

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