OnlineAutoInsurance.com has performed an analysis based on the proposed increase in the minimum limit on auto insurance in Texas, and has found that the actual rise that will be seen by the average policyholder will be relatively low, at approximately 6 percent more than what is currently being paid. The site conducted their analysis on 144 different quotes and has discovered that though many people were opposed to the increases in the auto insurance minimums in the state in 2011 because of concerns about cost, the actual increase in expense…
Read MoreTag: onlineautoinsurance.com
Report shows Colorado Division of Insurance plays a vital industry role in the state
OnlineAutoInsurance.com has announced that the insurance regulators for the state of Colorado have released their annual report and that this document points out two critical services performed by the regulators, which are: making company-specific information relating to complaints publically available, and managing those complaints. The report, which was made by the agency to the Colorado Legislature, provides detailed data regarding the number of consumer complaints that have been received by the Division of Insurance, and what those disputes involved. It covered the complaints that occurred from July 2010 through June…
Read MoreNew California legislation changes rules for unlicensed drivers
A new bill has been signed into law by California Governor Jerry Brown, banning local police agencies at sobriety checkpoints from being able to continue to impound vehicles when they discover that a driver does not have a license. The reason for this decision is that impounding a vehicle can come with a very high price tag, especially when they can last as long as a full month. California Watch, an investigative reporting website, noted that for every impounded car, “up to $2,000 in fines and fees” is generated. However,…
Read More
