Insurance news of hikes to minimums expected by taxi commission

Taxi insurance news

The St. Louis Metropolitan Taxicab Commission predicts that the raise will be a sizeable one. A new statement that was released in a letter from the St. Louis Metropolitan Taxicab Commission has revealed the insurance news that they anticipate a rise in the minimum allowable coverage to “significantly increase.” The regulation change follows an accident in which the Techli CEO was badly injured, said the commission. The CEO of Techli, Edward Domain, was involved in an accident and was very hurt. Now, the insurance news that is resulting looks as…

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Lack of auto insurance can now be detected through license plates

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Police in Michigan can now run the plates of a vehicle to determine whether or not it is insured. Drivers on the streets of Michigan now have more incentive to ensure that they obtain the legally required auto insurance for their vehicles, as police have just been armed with a new and much easier way to identify uninsured motorists. Simply by running a vehicle’s plates, police are able to know whether or not there is an insurance policy present. The technology will become available to police officers in mid-September and…

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Auto insurance minimum may raise in Illinois

Questionable tow and glass claims run rampant

Drivers who carry the smallest amount of coverage may find that they will soon be paying more. The Illinois House has just passed legislation that would increase the minimum liability coverage required in auto insurance that must be carried by drivers within the state, meaning that these motorists could be paying higher premiums beginning in 2015. The minimum will be increasing for the amount that is covered to pay for the injuries of other people. The auto insurance minimums will rise to $25,000 for injury or death of one person,…

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Auto insurance confusion left behind by recent severe weather

Hurricane Isaac

Storms leave policyholders wondering about the extent of their coverage. The 2012 hurricane season is well underway, and now that a severe storm has left damage to many states, many are wondering about details such as the coverage of their auto insurance in these circumstances. The protection a consumer has for his or her vehicle depends on the perils covered by the policy. More broadly, though, there are some ways to look at a vehicle’s potential auto insurance coverage, based on the type that has been purchased. Auto insurance comes…

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