Live Insurance News

Auto insurance requirements raised in Ohio

January 28, 2014January 25, 2014 Logan B.

Ohio drivers will have to up their insurance coverage in order to comply with state’s new standards Drivers in Ohio are set to see an increase in their auto insurance premiums as the state increases its minimum insurance requirements. The last time Ohio’s minimum insurance requirements were changed was in the 1960s and state officials suggest that the old requirements are no longer able to cover the costs associated with accidents. This belief is supported by many of the state’s insurers, most of who have been pushing for updated standards…

Insurance group crash test failed by all subcompact cars but one

January 27, 2014January 25, 2014 Julie Campbell

The Chevy Spark was the only vehicle of this size to receive a pass from its performance. A new safety standard that was added to the crash tests of the Insurance Institute for Highway Safety (IIHS) has shown itself to be a tough one to pass for economy cars in the latest round of testing, as ten out of the eleven participating models failed to pass. The new front end collisions standard test was passed only by the Chevrolet Spark. The insurance industry group’s test earned the Spark a grade…

Mobile auto insurance honor handed to GEICO

December 13, 2013December 10, 2013 H. Cutner

An independent research firm has said that the insurer’s smartphone functionality tops the ranks. According to Forrester Research, when it comes to mobile auto insurance functionality, GEICO is leading the way in the industry and is providing the best overall customer experience. Considering the importance of smartphones and cell phones in our lives, this is an important statement. The November 2013 report has been released by Forrester Research to include their 2013 U.S. Mobile Insurance Functionality Rankings. They determined that when it came to the performance of mobile auto insurance…

New York auto insurance rates vary widely throughout the state

December 9, 2013December 7, 2013 H. Cutner

A new report has been released to identify the five most expensive counties in which to purchase coverage. The release of a new report has now underscored the point for New York auto insurance customers that a driver’s zip code will make a considerable impact on the amount that will be paid in premiums. In fact, the county in which a motorist lives could nearly quadruple the cost of coverage. This state has the third greatest population in the U.S. Out of the total estimated population in the state, which…

Automobile insurance study shows affordability improvements

December 5, 2013December 3, 2013 Julie Campbell

The research determined that auto coverage has become more affordable for people at all levels of income. A recent study that was conducted by the Insurance Research Council (IRC) has determined that automobile insurance is becoming more affordable and that this trend has been maintained over the last ten years, particularly for individuals within the lower and middle income ranges in the United States. Every state except for six experienced improvements in their affordability from the 1990s to the 2000s. Among all of the states and the District of Columbia…

Auto insurance compliance from Yellow Cab failing to prove itself

November 22, 2013November 25, 2013 Julie Campbell

Officials from the city of Dallas have yet to be fully convinced that the taxi company’s coverage is adequate. Though Yellow Cab Company in Dallas has been making the effort requested of it to show that its taxis have adequate auto insurance coverage in order to comply with the city’s requirements, it has – as of the writing of this article – been unsuccessful. This insurance news is according to a recent update from the city attorney’s office. Yellow Cab’s parent company was asked to submit the documentation regarding its…

Auto insurance discounts possible for New Yorkers who take a course

November 1, 2013October 29, 2013 H. Cutner

A defensive driving class could be all that stands between N.Y. motorists and paying less for coverage. The New York State Department of Motor Vehicles has now given its approval to a handful of courses in order to teach defensive driving so that motorists will be safer on the roads and will reduce their risks so that they can pay less for their auto insurance coverage. These courses are being seen as a way for New Yorkers to stay safe and save money at the same time. The purpose of…