Tag: car insurance prices

Consumers shopping around for better auto insurance prices

Logan B.
Auto insurance - Blue car

A new JD Power report shows increasing interest in usage-based policies and telematics. A rising number of consumers have been shopping around to find better prices for their auto insurance as inflation and gas prices send the cost of living skyward, says a new JD Power report. Increased costs have led many drivers to find new way to save money on their coverage. The JD Power research showed that higher gas prices and cost issues related to inflation have been sending drivers to compare rates from different auto insurance companies…

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Ways to Reduce Your Car Insurance

Guest Author

When it comes to owning a car, one of the biggest expenses that people inevitably find themselves dealing with is insurance. However, rather than simply paying the first price that you see, it is a much better idea if you look into ways of reducing the overall car insurance. Here we have compiled a few of the top ways of doing just this.  Shop Around for Different Quotes  The internet has provided an invaluable tool for shopping around for different car insurance quotes, so it certainly makes sense that you…

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Illinois residents face increased insurance rates for home and auto

Illinois insurance rates on the rise According to the March state filings by a number of insurance companies, some residents of Illinois will soon be receiving the unwelcome news that the coverage that they require for their homes and vehicles will soon be rising. For example, Hanover Insurance has filed a proposal to increase their rates for homeowners’ insurance by an average of 4.9 percent. This rise will go into effect for the renewals on July 11, 2012. Similarly, the filing from Unitrin Preferred Insurance Co., has shown that they…

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Innovative new technology provides new methods of encouraging road safety

Nordstrom

Auto insurance industry eyeballs new technology to help with distracted drivers Many people believe that they are safer drivers than the average motorist, but this overconfidence in their ability can actually cause some people to be more dangerous on the roads than their skills require them to be. These individuals often feel that they are very good drivers, but that it is others who are the road users causing accidents. However, true road safety is dependent on the behaviors and decisions of individuals who understand the strengths and limitations of…

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Connecticut lawmakers mull over plan to make license plates transmit insurance information

Nordstrom

Proof of auto insurance in Connecticut Connecticut lawmakers are considering a new plan that could make checking for auto insurance coverage easier. The plan would have small transmitters embedded in the license plates of vehicles. These transmitters would be able to send out insurance verification via RFID signals. Legislators believe that this system would be a more efficient way to track uninsured drivers and issue tickets. If the plan is enacted, the state could collect as much as $29 million each year. According to the Insurance Research Council, a non-profit…

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