Research has shown that this safety feature is making a difference in reducing filings on policies. The Honda Accord has just received a bit of a pat on the back from the auto insurance industry as new data has been released to show that its forward collision and lane departure warning system is helping to reduce the number of claims that are made in these luxury vehicles. This data has been released with an analysis that was conducted by the Highway Loss Data Institute (HLDI). The results of the HLDI…
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Auto insurance news looks good for SUV owners after crash testing
2014 midsize models were able to receive the top ratings from an industry group’s tests. Though the midsize SUVs that underwent auto insurance industry group crash testing didn’t do well as a whole, two out of the nine models managed to receive the highest ratings. The GMC Terrain and the Chevrolet Equinox, both General Motors products, received the best “good” rating. Those two models received the highest “good” rating from the Insurance Institute for Highway Safety (IIHS). This rating could help to play a role in the auto insurance premiums…
Read MoreInsurance group crash test failed by all subcompact cars but one
The Chevy Spark was the only vehicle of this size to receive a pass from its performance. A new safety standard that was added to the crash tests of the Insurance Institute for Highway Safety (IIHS) has shown itself to be a tough one to pass for economy cars in the latest round of testing, as ten out of the eleven participating models failed to pass. The new front end collisions standard test was passed only by the Chevrolet Spark. The insurance industry group’s test earned the Spark a grade…
Read MoreCutting Car Insurance Premiums for Teenage Drivers
Adding a teenage driver to a family automobile insurance policy can double your insurance costs depending on where you live, among other factors. A July InsuranceQuotes.com survey, showed that premium increases for adding a teenager can range from an astonishing 116 percent in Arkansas to a modest 18 percent in Hawaii. The rate increases reflect the higher risk associated with young drivers. According to the Insurance Institute for Highway Safety, the fatal crash rates for 16-19 year-old drivers is three times higher than the fatality rate for drivers who are…
Read MoreInsurance news made with IIHS Top Safety Picks
Choosing the right vehicle can help to keep premiums to a minimum, so these releases are carefully watched. The Insurance Institute for Highway Safety (IIHS) has now released its latest Top Safety Picks, making insurance news as many insurers and consumers pay attention to these statistics in order to make choices regarding the premiums that will be paid. Among those top picks from the IIHS, were the 2014 Fiat 500L, and the 2014 Jeep Cherokee. As these two insurance news making models are both from the Chrysler Group, that auto…
Read MoreThe Golden State – California Insurance Report
With the increasing number of fatalities in accidents on US roads and highways, having a car insurance policy has become more essential than ever. Just having a look at the latest “Allstate America’s Best Drivers Report” released this week will give you a fair idea. The annual report, released by America’s second-largest insurance provider with regards to personal lines, highlights the fact that accidental deaths in car crashes across the country have jumped up over 33,700. What was most surprising was the fact that Washington DC, where the nation’s lawmaking…
Read MoreGood auto insurance news released for Honda Civic owners
The model has now become the first small car to be the recipient of the Top Safety Pick+ award. There has been good news released for drivers of Honda Civics, both from a safety and an affordability perspective, as it has now become the first small car that has received the designation of Top Safety Pick+ from the Insurance Institute for Highway Safety (IIHS). The IIHS also named five other vehicles to have the Top Safety Pick+ award. In order to receive the designation of being a Top Safety Pick+…
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