Live Insurance News

Auto insurance premiums in West Virginia are higher than many states

October 31, 2012October 29, 2012 Julie Campbell

A recent study has shown that drivers in that state pay more than many others across the country. A comparison study has been performed across the various states, and major differences were discovered in the auto insurance premiums paid by some drivers over others in different parts of the country. The research involved a survey that compared average premiums paid by drivers across the nation. For example, an annual average of $4,409 was paid by drivers in Michigan. This amount represented approximately 8 percent of the income of those motorists.…

Auto insurance law in Kentucky pointed out to uninsured drivers

July 24, 2012April 30, 2013

Motorists without coverage will receive a warning notice that their registrations will be revoked. The Kentucky Department of Motor Vehicle Registration has started mailing out notices to drivers have been without auto insurance, informing them that if they do not obtain coverage, their registrations will be revoked. The state requires drivers to have a policy in order to legally drive. The problem is that when people are hurt or killed in a car accident that is caused by a motorist who has no auto insurance or too little coverage, it…

Drivers without Kentucky auto insurance cautioned

May 22, 2012April 30, 2013

The state is imposing a new law that will revoke vehicle registrations of uninsured motorists. Starting in June 2012, the Kentucky auto insurance laws will be notably more tightened regarding drivers who have failed to cover themselves. It is at that time that the state will begin issuing notices to uninsured drivers, warning them that their vehicle registrations will be revoked if they fail to obtain the coverage that is legally required by the state. The struggle that has been faced is with motorists who purchase a policy for the…

Town’s enforce emergency response fees

May 20, 2011May 19, 2011 Nordstrom

Many cash-strapped cities across the U.S. are beginning to charge citizens for fire department calls. This is one method of many, which city officials have turned to; hoping to raise additional money for their broke and struggling city deficits. In Louisville Kentucky, a small, suburban town will begin to charge citizens for services that cost (what they consider) above the normal. Claiming it’s just a way to cover their budget. The charges will actually be billed to the home or business owner’s insurance company. Across the nation city officials have been tasked…

Kentucky passes bill in hopes to lower fraud activity

March 18, 2011March 17, 2011 H. Cutner

The legislative department of Kentucky passed a bill that regulates the requirements of the federal government tax requirements on insurance for surplus lines as well claims for auto personal insurance that involve fraud. The bill was passed as the end of the legislative session is getting near. A measure was submitted by the lawmakers regarding lawyers who immediately get in contact with victims of car accidents offering their services. Called HB 382, this measure does not allow any unauthorized individual to contact a victim of a motor vehicle accident within…