Auto insurance rates in Texas higher in families with teen drivers

Teen Driver auto Insurance

Parents are paying premiums up to 71 percent higher in the state because of these younger motorists. Parents of teen drivers in Texas are watching their auto insurance premiums skyrocket as they add their adolescent children to their policies, causing them to have to pay an average of 71 percent more than they used to. The parents in the state are finding the family premiums to become suddenly more difficult to afford. When teens are old enough to obtain their driver’s license, it is one of the most important and…

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A Guide to Why Car Insurance Varies by State

florida no fault car insurance

If you’ve ever moved to a new state, chances are that you’ve experienced a significant rate change in your car insurance. But what’s with car insurance being so much more or less expensive from one state to another? Here’s a quick guide to explain why these rates can change so drastically. Multiple Variables Affect Your Rates With car insurance, there’s really no single answer as to why these rates vary; in truth, there are innumerable insurance rate details that can confound all but the most seasoned underwriter. But the short…

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Auto insurance costs fell only in California

auto insurance price decrease california

According to data from the Consumer Federation of America, that is the only state where this occurred. According to the latest data from the United States, California is the only state in the country where auto insurance costs have been decreasing over the last two decades that ended in 2010. This data was collected and analyzed by a consumer group that attributed the decline to a state law. The Consumer Federation of America is attributed the decreasing cost of auto insurance in California to a law that was passed in…

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Auto insurance is becoming more expensive for Newark drivers

auto insurance

New Jersey motorists are paying a lot more than they were last year, according to a recent report. Drivers across New Jersey are finding that their auto insurance rates have been on the rise, and not just by a small amount, but by a noticeable degree. The increases that drivers are seeing differ from one part of the state to the next. For example, Brick City residents are finding that the amount that they have been paying has shot upward. In fact, they are forking out an average of $2,780…

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Survey: “Would You Trade Your Privacy For Lower Car Insurance Rates?”

auto insurance

Survey and Guide by CarInsuranceCalculator.info According to a recent press release, the NHTSA aims for all cars manufactured after 2014 to come with a little black box (Event Data Recorder – EDR). Proponents stress increased safety and savings on insurance premiums, while opponents underline the threat to privacy and even forecast increased premiums; CarInsuranceCalculator.info wraps up and issues a survey to ask consumers how much do they value their privacy. The initiative by The National Highway Traffic Safety Administration (NHTSA) would require all cars manufactured after August next year to…

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Auto insurance prices vary widely from one state to the next

Auto Insurance discounts

The states that have the most and least expensive premiums have been revealed by a recent study. It is no mystery that where a driver lives will have a notable influence over what he or she will pay for auto insurance coverage, but a recent study has now identified the states that have the most and least expensive coverage, and there is a vast difference between them. Even with a perfect driving record, location of residence can play a tremendous role in what is paid. For instance, in Louisiana, drivers…

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Homeowners insurance in Ohio among the cheapest

Ohio homeowners Insurance

The state’s auto coverage is also considered to be among the most affordable in the country. Mary Taylor, the Ohio Lieutenant Governor and the director of the Department of Insurance, has recently announced that the auto and homeowners insurance premiums within the state are yet again some of the lowest in the country. In her statement, she said that the marketplace in the state continues to offer favorable premiums. Taylor explained that “Ohio’s competitive insurance market continues to provide consumers with choice and lower insurance premiums compared to the rest…

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