Study finds disparities in car insurance rates

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…

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Insurance fraud cases remain steady

Insurance fraud cases remain steady

In California, someone who owes more on their car than it is worth easily remedies the situation by driving the car to Mexico and reporting it stolen. In New York, a man low on cash dresses up as his recently deceased mother to cash in on her workers’ compensation claim.

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Does it cost more to insure an electric car?

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.

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Cameras in cars keep an eye on teen drivers

Cameras in cars keep an eye on teen drivers

A program offered by Wisconsin-based auto insurance company American Family installs cameras in vehicles driven by teenagers, and may be having a significant positive effect on behavior behind the wheel, according to tech news site CNET.

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Spending more on snacks and beer rather than auto insurance?

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.

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Minnesota police to crack down on drunk driving

Minnesota police to crack down on drunk driving

Driving under the influence of alcohol is a dangerous and potentially deadly practice. The Minnesota Department of Public Safety says more than 140 people in the state die annually because of accidents involving alcohol.

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Plan ahead for winter driving safety

Plan ahead for winter driving safety

Preparation is key when it comes to getting ready for winter driving. From slick road conditions to frigid temperatures, it’s important for motorists to take the necessary precautions.

An auto insurer in Michigan knows driving conditions will change shortly in the state and is advising motorists to be mindful of their driving habits. A motor vehicle accident is one way policyholders will see an increase in their premiums.

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