Insurance study shows red light cameras are saving lives

 The findings by the institute, which is a nonprofit group funded by the insurance industry, states that in 14 of the largest cities in America, 159 lives were saved during the time-frame of 2004 to 2008 due to red-light cameras.  The design of the camera is to capture motor vehicles that are running red lights. Researchers claim if they had been operating in all large cities in America during this time-frame, 815 lives would have been saved.  Red-light crashes or T-bone crashes as they are often referred to are some…

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How your lifestyle and neighborhood affects your insurance rates

Insurance companies use different software programs and databases to figure out how risky it will be to insure you.  If you are considered to be too high of a risk, you may have to pay more. In some cases, your application may even be denied. Insurers use an insurance score that FICO determines from your consumer report history.  This score is partially gathered using the data from the major credit reporting companies. Your insurance score is similar to your credit score, but you can’t obtain your insurance score like you…

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