Auto

All articles about Auto Insurance or related to Auto Insurance

Common car crash scams and how to avoid them

By Consumer Insurance Guide Staff
Common car crash scams and how to avoid them

Although most car crashes are unintentional, there are criminals who cause a wreck on purpose with the intent of defrauding an innocent victim’s insurance company. By knowing how these schemes work, motorists have a better chance of avoiding them. Florida’s Department of Financial Services’ Division of Insurance Fraud, the National Insurance Crime Bureau and the Florida Highway Patrol are collaborating on a campaign to put a stop to staged crashes. Criminals use paid witnesses, unethical…

Read More

Boat thefts fell in 2011, but jet skis are still a favored target

By Consumer Insurance Guide Staff
Boat thefts fell in 2011, but jet skis are still a favored target

The number of watercraft stolen in the U.S. fell from 2010 to 2011, according to an annual report by the National Insurance Crime Bureau on boat thefts and recoveries.  The report examined watercraft reported stolen between January 1 and December 31, 2011 and includes everything from canoes and dinghies to commercial ferry and oyster boats. Overall, there were 6,070 watercraft thefts reported during the period.  This is a 9 percent decrease from the 6,663 thefts…

Read More

Hunting and fishing insurance covers field and stream risks

By Mike Mosser
Hunting and fishing insurance covers field and stream risks

No one can guarantee that an outdoors man will come home with a large mouth bass or an eight-point buck, but with hunting insurance they’ll be covered if there’s any mishaps in the field, stream or wherever else they look for game. Jim Longhway, president of the Bryant Longhway division of Market Financial Group says he came up with the idea of hunting insurance in the late 1990s after years of involvement in the insurance…

Read More

Not all car crash avoidance systems are effective

By Consumer Insurance Guide Staff
Not all car crash avoidance systems are effective

An early crop of advanced crash avoidance technologies includes some clear success stories when it comes to preventing crashes, according to a study of insurance claims by the Highway Loss Data Institute, although not all systems are beneficial. Forward collision avoidance systems, particularly those that can brake autonomously, along with adaptive headlights, which shift direction as the driver steers, show the biggest crash reductions. Lane departure warning appears to hurt, rather than help, although it’s…

Read More

Car insurance customer satisfaction hits all-time high

By Consumer Insurance Guide Staff
Car insurance customer satisfaction hits all-time high

Led primarily by increases in satisfaction with policy offerings, billing and payment options, overall customer satisfaction with auto insurance companies has reached an all-time high, according to the J.D. Power and Associates 2012 U.S. Auto Insurance Study. It measures customer satisfaction with auto insurance companies across five factors: interaction, price, policy offerings, claims and billing and payment. Overall satisfaction with auto insurance companies is 804 (on a 1,000-point scale), up 14 points from 2011. Satisfaction…

Read More

July 4 holiday dangerous for teen drivers

By Consumer Insurance Guide Staff
July 4 holiday dangerous for teen drivers

Summer is supposed to be a time of celebration for teens and their families, with prom, graduation and college on the horizon. Unfortunately, new analysis of crash data from the Insurance Institute for Highway Safety shows that July 4 is the deadliest day for teens on the road and is just as deadly for the motorists that will be driving alongside them. In the U.S., car crashes are the number one cause of death for…

Read More

Car thefts decline, but drivers warned to take precautions

By Consumer Insurance Guide Staff
Car thefts decline, but drivers warned to take precautions

Preliminary numbers indicate that 2011 was another consecutive year of declining vehicle thefts, according to the National Insurance Crime Bureau. Four of the top 10 Metropolitan Statistica Areas reported more thefts in 2011 (+925 collectively) while the remaining six posted fewer (-2,017 collectively). The decline in thefts continues a downward trend that began in 2004, according to Frank G. Scafidi, director of public affairs for the NICB. He said a number of factors are behind this trend, particularly the…

Read More

Study finds disparities in car insurance rates

By Consumer Insurance Guide Staff
Study finds disparities in car insurance rates

Car insurance rates vary greatly among providers with some charging high rates for standard minimum liability coverage, according to research by the Consumer Federation of America. The CFA reports that most good drivers, those with no accidents or moving violations, who live in moderate-income areas in 15 cities are being quoted high auto insurance rates by major insurers for the minimum liability coverage required by those states. More than half (56 percent) of the rate quotes…

Read More

Insuring Antique and Collectible Cars: Preserving its value is paramount

By Jim Gorzelany
Insuring Antique and Collectible Cars: Preserving its value is paramount

Vintage vehicles are more popular than ever, with a growing number of aficionados dipping their toes into the collectible market both for the sake of nostalgia and as automotive investments. The collectible car market has taken off with renewed vigor in recent years, with interest in classic models – not to mention their transaction prices – rocketing to stratospheric levels. What cars should astute enthusiasts buy and hold among today’s fleet of new models that…

Read More

III addresses dangers of distracted driving

By Insurance Information Institute
III addresses dangers of distracted driving

New Jersey recently became the second state after Washington to ban driving while texting-a growing problem on the road. Distractions like cell phones, text messages, the radio or even talkative passengers can prove deadly, according to the Insurance Information Institute (I.I.I.). A survey by Liberty Mutual Group and Students Against Destructive Decisions (SADD) showed that teens considered sending text messages via cell phones to be their biggest distraction. Of the teens surveyed, 37 percent said…

Read More
1 … 7 8 9 10 11 … 14