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Car Crashes Are on the Rise, and Warren Buffett Blames Texting
That's despite the population growing by 6.6% during the same period, according to a study by the Insurance Information Institute. Meanwhile, gas prices plunged to their lowest level since 2010, according to figures from the American Automobile …
Read more on Wall Street Journal
Uptick in crashes leads to increase in auto insurance rates
An uptick in vehicle crashes may be denting motorists' wallets, along with their cars and trucks. The Columbus Dispatch reports (http://bit.ly/1INejuk ) several insurers have begun raising rates because of rising claims. Geico, the No. 5 insurance …
Read more on Youngstown Vindicator
How Disappearing Deductibles Affect Car Insurance Quotes
Setting a high deductible might seem like a good, money-saving idea when you're getting car insurance quotes. Generally, the higher your deductible on collision and comprehensive coverage, the lower your rates. Many people have deductibles of $ 250, …
Read more on NerdWallet (blog)
Auto Insurance Tech Acquisitions Continue – AutoInsuranceQuotesZone Pursues Exit
SARASOTA, Fla.–(BUSINESS WIRE)–Auto insurance is undergoing one of its most active years on record including: one of the highest ad spends in the market by majors like Geico, AllState and Progressive, Google Compare's launch, and 9x interest from …
Read more on Business Wire (press release)
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New Tennessee Law: No Auto Insurance, No Vehicle Registration
DYERSBURG, Tenn. (AP) – Though it's been mandatory for 40 years, Tennessee automobile liability insurance requirements will soon become much more enforceable. It's then when the "James Lee Atwood Jr. Law" will take effect forcing all Tennessee …
Read more on Memphis Daily News
Insurance Corner: Vehicle technology comes with risk of loss of privacy, control
You are insured with a company that makes you a special offer. By allowing them to put a telematics device in your vehicle, they will give you a 5 percent or 10 percent discount on your auto insurance policy. Their sales pitch is that it will enable …
Read more on Macon Telegraph
Prison sentence for Peel police officer sends clear message, insurance group says
“This sentence reinforces what we have been saying – that auto insurance fraud in Ontario is a multi-million dollar business,” Dubin said in the release. “And when someone makes a false or exaggerated claim, honest consumers pay considerably more than …
Read more on Mississauga
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