Thousands of UK motorists relying on urban myths and not reading the small print on their car insurance policies are running a major risk of not being covered to the extent they think they are, according to new research. (more…)
Many of us know the feeling of getting our car insurance bill and thinking, “Again!? Didn’t I just pay this!?” Car insurance is one of those unavoidable (in most states) expenses.
We wanted to find out from an insider exactly what goes into those prices and what we can do to keep our car insurance costs down. We talked to Patrick Lawson, a 25-year veteran auto insurance agent. (more…)
(NAPSI)-Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they’re buying.
In the rush to feel “covered,” they can skip the details. That can lead to frustration.
Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies: (more…)
Female drivers often receive cheap women’s car insurance products not because they have fewer accidents, but because their accidents are less severe, it has been claimed.
This is according to the Independent, which recently examined why females often receive cheaper car and life insurance policies than their male counterparts.
Men are more likely to be involved in serious or fatal accidents and therefore pay higher premiums, the publication states. (more…)
Early in the evening on the last October day, a deadline set down by the law, even the largest insurance companies updated their web sites with calculators or an overview of compulsory contractual insurance (PZP). Last year, they also took their time doing this. A client has two weeks to compare prices and conditions and choose insurance that is most suitable for his/her car. And wait for a cheque. Last year, this was another trick played by some insurance companies. They sent cheques at the last moment, so in the event of discontent the timely delivery of a notice was complicated. In two weeks we will see whether insurance companies have opted for this way of keeping clients. In combination with a new law, this is one of the cheapest ways to keep customers. In the event that a client fails to deliver a notice in time, the law imposes the obligation to enter into a new contract with the original insurance company. (more…)
Many British drivers mistakenly believe that their UK car insurance will automatically cover them on European roads, an industry expert has said.
However, esure’s Adrian Webb explained that most policies only covered third party damages.
Mr Webb said that it was important the drivers contacted their provider and arranged additional cover before driving in Europe.
“People have got very confused over this whole area; people seem to have absorbed the view erroneously that having an insurance policy with a UK company covers you anywhere within the EU,” he explained. (more…)
To a dog that loves drives in the car while sticking a head out a window to feel the wind, insurance isn’t a concern.
An auto insurance company is now offering their owners a benefit for pets.
Progressive Corp., based in suburban Mayfield, is providing collision coverage for customers’ dogs or cats at no additional premium cost. It will pay up to $500 if a customer’s dog or cat is hurt or dies in a car accident. (more…)
Senator Wayne Kuipers and other Michigan Senators have buried legislation deep within Senate sub-committees to ensure they won’t see the light of day. Potential laws that could protect children, the elderly, victims of drunk drivers, and those who are mentally incapacitated have been deep-6′d by Kuipers and other Senators and they hope voters like you and me never find out about it.
The Chamber of Commerce, the Insurance Insustry Lobby, and wealthy conservative donors to the Senator’s pockets ensure that these bills won’t see the light of day.
Who wants them to see the light of day? (more…)
When one longtime St. Louisan saw his car insurance bill jump 28 percent, he was shocked.
He was even more irate when he learned the reason: an unresolved issue with a creditor had left a blot on his otherwise unblemished credit report. He didn’t understand what his credit report had to do with his car insurance rate.
More and more, credit information is being used by businesses other than lenders or credit card issuers. Bad credit could hurt your search for a job or even leave you without a place to live. (more…)
Households owning more than one car are 22 per cent less likely to crash than those with a single car, according to Admiral Insurance. Admiral claim the main reason multi-car households are less likely to crash is because they own more expensive cars than single-car households – and therefore are more cautious drivers. (more…)