Auto insurance premiums head skywards due to smartphone use

auto insurance premiums car mobile smartphone

The Washington Insurance Commissioner’s Office has blamed mobile device use for a 5.9 percent rate increase. Consumers wondering why they’re paying higher auto insurance premiums may not have to look any further than their smartphones. The Insurance Commissioner’s Office in Washington State said the top 20 insurance companies hiked rates by 5.9 percent last year. That said, the insurance rate for motorists has been on its way up across the country. Across the country, the average amount drivers are paying in auto insurance premiums reached $926 in 2016. Throughout the…

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You’re still paying less for home and auto insurance if you live in Maine

land rover sport mobile app auto insurance

The state has now held third place for affordable coverage in those categories, for the third year in a row. Residents of Maine have been enjoying some of the most affordable homeowners and auto insurance rates in the country for the last few years, and the latest data has shown that this has not yet changed. The National Association of Insurance Commissioners has ranked Maine in third place for affordability. NAIC ranked the state based on the low cost to purchase homeowners and auto insurance. It has held third place…

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Auto insurance rates increase as gas prices drop

fuel cost auto insurance rates

There are many reasons that premiums can fluctuate, but this winter it isn’t the storms as much as the affordability. Most drivers see a drop in the price at the pump as being a fantastic way to save money, and this can even encourage more people to head out onto the roads and city streets because it is seen as more affordable, but most also have not taken their auto insurance rates into account. As much as the gas prices, themselves, don’t cause auto insurance to become more expensive, road…

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Self-driving cars could lead to lower auto insurance premiums

auto insurance ride share

Insurance premiums could fall significantly due to automated vehicles Self-driving cars could help save motorists money on auto insurance coverage, according to insurance startup Metromile. The company has released a new report that suggests that drivers could save as much as $1,000 a year on coverage due to automated vehicles. These cars could cost as little as $250 a year to insure, and they may serve as a disruptive force for the auto insurance industry in the coming years. Self-driving cars are not subjected to human error in the same…

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Auto insurance prices in U.K. continue to drop

Auto Insurance Savings

According to the A.B.I., the average amount paid to cover a vehicle is still on its way downward. The cost associated with purchasing and owning auto insurance in the United Kingdom has dropped another 9 percent over the last year as a growing number of consumers are using the resources available to them over the internet to be able to comparison shop and find better rates. This, according to a survey which also credits fewer claims into the dropping premiums. The data was provided by the Association of British Insurers…

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Donating a car in California will affect your auto insurance rates

Donating a car in California auto insurance

Many people are surprised at the impact of donations on their own premiums. Watching the recent news headlines has revealed that donating a car in California has become a growing trend in the state, but at the same time, many of these generous individuals and businesses are discovering that the impact that this can have on auto insurance premiums can be a surprising one. There are many different factors impacting premiums and a donation can alter these calculations. While many people feel that by donating a car in California, they…

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CarInsuranceCalculator.info Shows Strategies To Decrease Average Auto Insurance Costs

“The most fascinating thing about car insurance seems to be their costs” explains Steve, project manager at CarInsuranceCalculator.info. “So we compiled a new guide, containing the average car insurance costs per state and age in the US and added a good deal of practical measures to improve the insurance score”. Average data has a limited relevance as premium prices are heavily dependent on a complex combination of both individual and less individual characteristics. Among the individual factors are driving records and history, credit scores, marital status and others. Less individual…

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