Live Insurance News

Long term care insurance coverage costs continue their climb

May 16, 2014May 14, 2014 G. Turner

The price tag for these often vital policies are ever on the rise and show no sign of slowing down. For many people, the type of coverage that is provided by long term care insurance is an absolute necessity, because if they reach the point that they are no longer able to perform their own daily living activities – such as dressing, bathing, grooming, and preparing their own meals – they would not have the financial ability to pay for the assistance that they would require. Among those without coverage,…

Auto insurance rates climb more due to some traffic tickets than others

April 8, 2014April 12, 2014 Julie Campbell

Recent news by a website examined national data and found that certain violations cost more than others. In recent auto insurance news, the results of a national analysis of traffic ticket and premiums data, conducted by San Francisco based InsuranceQuotes.com revealed that some violations cause rates to rise more than others. Overall, safer drivers pay less than riskier ones, but some tickets are more costly than others. The study showed that the moving violations that can lead to the highest penalties –in the form of the ticket itself, from the…

Auto insurance savings can be decided by your choice of 2014 vehicle

February 28, 2014February 25, 2014 Julie Campbell

The cars, SUVs, vans, and trucks that can lead to the cheapest policies have now been revealed. While everybody wants to drive a fantastic car with the greatest, flashiest, and most useful features and options, it cannot be forgotten that the choice of make and model will have a considerable impact on the auto insurance premiums that will be paid to cover it. Approximately 30 percent of all policyholders will comparison shop to try to discover cheaper premiums. This figure was according to the data from TransUnion’s insurance business department.…

Will auto insurance rates rise because of Google Glass?

February 27, 2014February 25, 2014 G. Turner

The popularity of wearable technology and augmented reality glasses could soon have an impact on premiums. In a move that could one day – in the not too distant future – impact the auto insurance premiums that motorists are facing every year, Google is currently lobbying officials in three or more American states to try to put a halt to the proposed limitations for driving while wearing augmented reality glasses and headsets, such as Google Glass. This represents one of the first major legal battles over the AR based wearable…

Michigan auto insurance push for no fault reform has returned

February 25, 2014February 22, 2014 G. Turner

The House Republicans in the state are trying again after having been unsuccessful last year. House Republicans are bringing their Michigan auto insurance reform push right back into the spotlight again, after having failed to obtain adequate support for the massive overhaul that they had proposed in 2013. The new goal is to eliminate the unlimited lifetime benefits that are currently available in the state. At the moment, Michigan auto insurance law makes it possible for individuals who are catastrophically injured in vehicle accidents to continue to receive benefits for…