comprehensive car insurance Archives

Car Insurance 101: Do You Know How You’re Covered?

March 10, 2013April 14, 2014 Guest Author

Think You’re Paying Alot for Car Insurance? Check Out Other States and See

Every car nationwide is required to have at least the state’s required minimum liability insurance. If a vehicle is financed through any lender, they will likely require the owner to hold a certain amount of comprehensive and collision coverage on top of the state mandated liability insurance. It is important that drivers in all states know what type of coverage they need on their vehicles and what kind of discounts they are eligible for to keep rates low. Any driver who is educated on the different discounts on their car…

Illinois residents face increased insurance rates for home and auto

April 9, 2012April 30, 2013

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…

Funny but strange auto insurance claims associated with animals

April 6, 2012April 5, 2012 H. Cutner

Auto vs pet insurance claims Admiral Insurance has released a report that includes the 12 most unusual auto insurance claims that have involved animals since the start of 2012. Within the last two years, for example, peacocks have been associated with claims on four separate occasions. In one case, the peacock clawed at the car when it saw its own reflection in the paint. In another instance, pet peacocks broke loose and damaged a vehicle parked in their neighbor’s driveway. Dogs have also been frequently associated with claims, including when…

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

April 5, 2012April 5, 2012 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…

Some drivers may save on auto coverage with “pay-by-the-mile” insurance

March 28, 2012March 27, 2012 Marc

A new form of auto coverage, called “pay-by-the-mile” insurance has now been designed to help people to save money on their premiums and to encourage them to drive less and use public transportation more regularly. The way that the coverage works is that drivers who put fewer miles on their vehicles will pay a lower rate for their insurance every month. It places a direct link between their vehicle’s mileage and their insurance plan. The plan is based on an average annual driving distance of 19,000 miles. Though it does…