Tag: comprehensive coverage

Auto Theft in Michigan Breaks Records—The New Plan to Reverse the Trend

Marc
Auto Theft in Michigan breaks records

Michigan Strengthens Fight Against Auto Theft with Expanded Task Force Michigan is taking a decisive stand against the surge in auto theft, transforming its Auto Insurance Fraud Unit into the newly-expanded Auto Fraud Task Force (AFTF). Spearheaded by Michigan Attorney General Dana Nessel, this initiative comes in response to alarming state-wide trends in vehicle theft, which have risen by 48.4% over the last five years. Auto Theft in Michigan Reaches Record Numbers Residents across Michigan have felt the effects of climbing auto theft rates. Recent data reveals that the number…

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Is It Time for an ACA-Style Transformation in the Homeowners Insurance Market?

H. Cutner
Affordable Care Act in Homeowners Insurance Market

Exploring Critical Vulnerabilities in America’s Homeowners Insurance Market Recent events, including Hurricanes Milton and Helene, have highlighted significant vulnerabilities in the U.S. homeowners insurance market. These climate-induced disasters have added pressure to insurance providers, with the sector experiencing turmoil due to the increasing frequency and severity of such events. This has raised concerns over the financial security of millions of American homeowners. Florida is among the top 10 states with the highest number of uninsured homes. Between 15% and 20% of Florida homeowners currently lack property insurance. Home insurance premiums…

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The Alarming Rise of Hyundai and Kia Theft Rates in the United States

G. Turner
Rise of Hyundai and Kia Theft Rates

In 2023, Hyundai and Kia vehicles have become disproportionately popular targets for car thieves. During the first half of the year, these vehicles were stolen at a concerning rate of 11.2 per 1,000 insured vehicles, significantly surpassing the 1.6 per 1,000 theft rates for other brands. The Hyundai Elantra, Hyundai Sonata, and Kia Optima emerged as the top three most stolen vehicles, underscoring a troubling trend for the owners of these models. Why Are Hyundai and Kia Cars Targets? The surge in theft can be attributed to certain vulnerabilities in…

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Kampgrounds of America partners with Co-operators RV insurance company

H. Cutner
RV Insurance - RV park

The partnership involves a network of over 500 campgrounds in the US and Canada Co-operators, a financial services co-operative, and Kampgrounds of America (KOA), a network of over 500 campgrounds in the Untied States and Canada, have partnered in a new collaboration for RV insurance. Recreational vehicle coverage is increasingly lucrative since the pandemic The US campgrounds company and Canadian financial services and RV insurance co-operative feel that they are a natural fit for providing this new option to consumers in both countries. “Canadians represent a significant demographic of Kampgrounds…

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Why Snowmobile Insurance is Essential for President’s Day Weekend

Loreen
presidents day weekend make sure you have snowmobile insurance

President’s Day weekend sees a surge in snowmobiling, making insurance crucial before hitting the trails. Understanding snowmobile insurance costs and coverage can protect you from unexpected expenses. Factors like your snowmobile’s make and model, your age, driving record, and location influence your premium. Knowing these details not only prepares you financially but also ensures a safe and enjoyable ride. So, gear up for this President’s Day weekend with the right insurance coverage. Factors Influencing Insurance Premiums The cost of snowmobile insurance is influenced by a range of factors similar to…

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American Dream Auto Protect Extended Car Warranty Review

Guest Author
auto warranty

American Dream Auto Protect has emerged as a noteworthy player in the realm of extended car warranties. Offering a blend of comprehensive coverage and customer-oriented services, this review delves deeper into what sets American Dream Auto Protect apart in the market of vehicle protection. Decoding Extended Car Warranties Before diving into the specifics of American Dream Auto Protect, it’s crucial to understand the essence of an extended car warranty. Serving as a safety net beyond the manufacturer’s warranty period, these warranties cover a range of mechanical and electrical repairs, potentially…

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Cutting Car Insurance Premiums for Teenage Drivers

Guest Author
teen driver auto insurance

Adding a teenage driver to a family automobile insurance policy can double your insurance costs depending on where you live, among other factors. A July InsuranceQuotes.com survey, showed that premium increases for adding a teenager can range from an astonishing 116 percent in Arkansas to a modest 18 percent in Hawaii. The rate increases reflect the higher risk associated with young drivers. According to the Insurance Institute for Highway Safety, the fatal crash rates for 16-19 year-old drivers is three times higher than the fatality rate for drivers who are…

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