Not all auto insurance claims that come across an adjuster’s or investigator’s desk are typical and mundane. There’s always the scammer to watch out for—some more creative or outrageous than others—that cost insurance companies tens of millions of dollars a year. There’s the occasional bizarre incident that no one could possibly have conjured up on their own. And then there are the excuses—some lame, some hysterical—that have insurers shaking their heads and rolling over in…
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Does it cost more to insure an electric car?
You open the door, climb in and settle behind the steering wheel. Everything about this car feels familiar. It even has that new car smell. You buckle your safety belt and start the engine, waiting for the roar of cylinders. Instead, there is a strange silence.
Welcome to the electric car and a new age of driving.
Spending more on snacks and beer rather than auto insurance?
In this tight economy consumers on average still manage to spend more on the things they like such as pizza and booze rather than the things they need such as auto insurance.
Americans spend a combined $329 billion on pizza, beer and spirits while shelling out a mere $159 billion a year on auto insurance.
Read MoreIncreasing deductibles can help save for the holidays
The holiday shopping season is on its way, leading many consumers to wonder how they can save a little money to help buy presents.
Read MoreReport: Customers are more satisfied with bundled insurance policies
Bundling home and auto insurance may lead to greater satisfaction among consumers, according to a recent report from J.D. Power and Associates.
The ratings firm’s 2010 U.S. National Homeowners Insurance Study found that consumers who combined these types of policies were generally more satisfied with their coverage. This was especially true for member of Generation Y, who were born between 1977 and 1994.
Read MoreReport: Per-mile insurance may eliminate group discrimination
Government statistics have often indicated that men and women motorists account for the same number of auto accidents per mile each year.
Read MoreDistracted driving bill passed in Iowa
Studies have shown that text-messaging significantly increases a motorist’s likelihood of causing a collision, which can lead to significantly higher auto insurance quotes.
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