Tag: Auto Insurance

GEICO Insurance issues advice to drivers for the holiday season

H. Cutner
GEICO Insurance - Driving on winter roads

The auto insurer is reminding drivers of the importance not to rush while on the road. GEICO Insurance has issued an official notice to the drivers it covers, reminding them of the importance of slowing down and driving safely even at this busy time of year. The insurer is urging motorists to remember what is truly important during the holidays. Throughout the end of November and all the way through December, many of us are rushing around trying to make sure our holidays will be the best ones yet. Whether…

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$500,000 care insurance fraud ring suspects arrested in California

G. Turner
Car Insurance Fraud Ring - damaged car

Four suspects have been arrested in this case for reportedly scamming insurers out of half a million dollars. Investigators in California have arrested four suspects for their alleged involvement in a car insurance fraud ring. Their alleged activities cost scammed insurers $500,000 until they were found out by the California Department of Insurance, San Diego County District Attorney’s Office, and the California Highway Patrol. The four arrests were made earlier this month following a substantial investigation into the scam. According to reports, the car insurance fraud ring involved dealers buying…

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Auto insurance claims involving animals skyrocket in the fall, says Farmers Insurance

Marc
Auto insurance claims - Cow on Road

The insurer is reminding drivers to be mindful of this seasonal increase in driving risks. As the fall begins, so does the migration season for many kinds of animals, which unfortunately leads to a rise in auto insurance claims in crashes involving animals on the road. New data by Farmers Insurance showed an increase in 36 percent in claims for those reasons. Farmers Insurance data showed that there is a rise of about 36 percent in comprehensive auto insurance claims involving crashes with animals on the roads during the fall.…

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Thai uninsured drivers now have a unique affordable auto insurance policy option

H. Cutner
Uninsured Drivers - Driver - Steering Wheel

Thaivivat and AIS partnered to attract these motorists with coverage exclusively while driving. Thaivivat, an insurance company in Thailand, has partnered with telco AIS to draw uninsured drivers in the country. The idea is to provide a type of coverage that is affordable through a unique product that is a first of its kind in the world. This auto insurance coverage is unique in that it applies only when the vehicle is in operation. This program to appeal to uninsured drivers is the first on the planet that automatically covers…

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Tesla insurance still slated to move forward after delay, says Musk

Julie Campbell
Tesla Insurance - Tesla Charing Station

Elon Musk spoke at the company’s annual shareholder meeting, addressing his previous coverage claims. CEO Elon Musk spoke at his company’s annual shareholder meeting, addressing the topic of the Tesla insurance he’d previously promised to drivers of the automaker’s electric vehicles. Musk insists that the electric vehicle insurance product is still in the works, only delayed. Musk explained that the Tesla insurance product would become available after an unspecified acquisition is completed. He also pointed out that additional software was in development. The Tesla electric vehicle insurance would become available…

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