Tag: Auto Insurance

Discounted auto insurance will extend well beyond Detroit

Julie Campbell
car auto insurance

The Senate Insurance Committee has passed an amended version of the plan put forward by Mayor Mike Duggan. Senators in Michigan have now passed an amended version of the reduced rate auto insurance plan that had been put forward by Detroit Mayor Mike Duggan, which would provide discounted coverage to cities that have a minimum population of 500,000 and in which at least half of all of the drivers are insured. The amendments to the D-Insurance plan have broadened the reach of the program to smaller cities. The senators voted…

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Farmers offers new rideshare auto insurance policy in California

S.Vagus
california auto insurance

Farmers has received approval to offer new insurance product in California Farmers Insurance Group has launched a new auto insurance product in California, with the approval of the state’s insurance regulators. Now, drivers that work for rideshare companies like Uber and Lyft will be able to obtain more coverage, protecting them from potential worst-case scenarios. The coverage is designed to address gaps in the coverage that these companies provide, though both Uber and Lyft claim that such gaps do not exist. Both companies have received some criticism for what is…

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More affordable auto insurance alternative sought by Detroit mayor

Julie Campbell
Michigan Auto Insurance rates

Mayor Mike Duggan has now asked the Michigan Legislature to give the nod to this type of coverage. Last week, Detroit Mayor Mike Duggan spoke to the State Senate Insurance Committee with regards to a plan that he believes would make it possible for residents of his city to opt out of the Michigan Catastrophic Claims Association and to be able to buy a lower but more affordable type of medical plan to comply with the auto insurance laws. The mayor has referred to this type of new alternative coverage…

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New York home to third highest auto insurance premiums in the country

Nordstrom
auto insurance fraud

Study shows that auto insurance premiums in New York are higher than the national average New York is a notoriously expensive state, with a high cost of living and an abundance of luxuries that few other states can rival. For drivers, the costs associated with living in New York are all too clear. According to a study from InsuranceQuotes.com, the state is home to the third highest auto insurance rates in the United States. Though New York falls behind both Michigan and Rhode Island in terms of insurance premiums, this…

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Auto insurance premiums continue to rise in Ontario

S.Vagus
Toronto Ontario Canada Auto Insurance News

Insurance premiums in Ontario may be affected by for profit clinics Ontario is home to the highest auto insurance premiums in Canada, and rates for many drivers continue to rise, even if they have immaculate driving records. There are many factors that affect the cost of insurance coverage, but for-profit medical centers and rehabilitation clinics may be one of the reasons why premiums are on the rise. Notably, bodily injury claims in Ontario are significantly higher than they are in other provinces, perhaps due to the over-utilization of medical services…

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Insurance coverage lacking among motorcycles in India

G. Turner
scooter two wheeler auto insurance coverage

Accidents involving any of 75 percent of riders provide no compensation to the victims. Two wheelers – including both motorcycles and scooters – are a very common vehicle in India, but recently released statistics have revealed that almost 75 percent of those riders are operating their vehicles without any type of insurance coverage, which is placing other road users at risk. This is particularly risky for other two-wheelers, cyclists, and pedestrians who don’t have protection. This data has been released by the Insurance Regulatory Development Authority (IRDA). This lack of…

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New Yorkers can now prove they have auto insurance with their smartphones

Julie Campbell
auto insurance premiums car mobile smartphone

Another state has now joined the growing number across the country allowing for electronic proof formats. According to a recent announcement from a spokesperson from the New York State Department of Motor Vehicles, the state has now implemented a regulation that will make it possible for drivers to be able to show their proof of auto insurance either in the traditional way with a paper card, or in an electronic format that can be displayed on mobile device screens. The new proof of insurance regulation has actually been in effect…

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