According to the article “Florida Senate Panel Advances Auto Insurance Bills” by Brent Kallestad on Business Week’s website, two Florida bills aimed at cutting down the amount of fraud running rampant through Florida moved passed an important Senate panel. The Senate Banking and Insurance Committee barely approved the bills after some debate between lawmakers.
Legislature is trying to get a handle of the amount of auto insurance fraud that is frustrating insurers enormously. The bills move forward after being backed by the insurance industry which would give them more power to deny claims they deem suspicious for fraud. A similar bill is moving through the Senate as well. Florida
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Even a small annual savings on car insurance can pay off over several years. There are many savings tips out there, but here are five ways you can save on your car insurance rates that you may have overlooked.
1. Multi-policy discounts for renters
Look for an insurance company that will give you a multi-policy discount for carrying both your auto and renters insurance with them. Home owners can usually save money by combining auto and home insurance policies together, but some companies will also extend multi-policy discounts to tenants who carry their renters insurance.
2. Keep up with the changes in your life
Small changes in your life could result in a discount, or a reduction in your car insurance premium.
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Bristol West has a link to the Insurance Institute for Highway Safety website because driver safety is a priority to them. Not only will driving safe keep your auto insurance quotes lower, but it keeps you and your family safe on the road.
An article posted on the Insurance Institute for Highway Safety website discusses the 2011 Top Safety Pick in their “Hyundai Equus Earns 2011 TOP SAFETY PICK Award” listing. This luxury car earns this award for many reasons. They actually earned this high rating across the board in the Institute’s safety evaluations. The Equus was rated good for front, side, rollover and rear crash protection. On top o
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Chicago Toyota announced on Thursday that it is recalling more than 300 000 sport utility vehicles in the United States to fix faulty airbag sensors.
The automaker said the sensors which are designed to detect vehicle roll angle can malfunction and inadvertently cause the side curtain airbag and seatbelt to be activated.
The sensor malfunction does not prevent the airbag from deploying during a collision, Toyota said in a statement.
A Toyota spokesperson said the Japanese automaker has received defect-related reports of “minor injuries, including a report of a persons hand being cut by a seatbelt in March”.
The recall affects 214 000 RAV4 vehicles and 94 000 Highlander and Highlander HV vehicles from the 2007 and 2008 model years. Sa
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Understanding your auto insurance company’s financial strength is important to protect your lifestyle and future financial well being. Insurance agents, brokers, financial advisors, and other insurance professionals have long used AM Best’s Financial Strength Ratings to help support their insurance selection and investment choices. It’s now recommended consumers also utilize Best’s ratings to understand their insurance company’s strengths.
Companies such as Founders Auto Insurance are found on the AM Best ratings list. Founders Insurance received an A- as of July 2010 which is considered excellent. This excellent rating is very important to the well being of the company. Best’s Finan
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A number of insurance companies are struggling to keep up with claims responding to damage produced by severe storms and tornadoes that struck much of the U.S. in the past week. Several major insurers have racked up more than 12,000 claims and are expected to see more in the coming days and weeks.
State Farm and Nationwide Deal with High Number of Claims
State Farm Mutual Automobile Insurance Co., the largest provider of home and auto insurance, is dealing with claims that have been accumulating for both types of coverage in the wake of massive storms that ravaged much of the U.S. fro
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State Farm auto insurance offers pay-as-you-drive auto insurance policies in California, Ohio, Texas and Illinois. Progressive Insurance offers it as well throughout the US. It’s getting more and more popular. According to the article “Low-Mileage Drivers Benefit From Insurers’ Pay-As-You-Drive Plans” by Eve Mitchell on BellinghamHerald.com, auto insurance rates are tied to part of the actual number of miles driven and many consumers are seeing big savings.
State Farm specifically calls their program the Drive Safe & Save program and drivers can self-report their mileage online or at an agent’s office before they renew their policy. Customers w
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Image from C-Track SA
Insurance Telematics Europe 2011 Conference and Exhibition will reveal how encourage the mass adoption of Insurance Telematics by exploring and discussing how to create a lucrative and viable business architecture.
It will offer the chance for essential partner relations to development by bringing together expert speakers from AVIVA, Allianz, Groupama, AXA, Octo Telematics and many more.
Key Topics Include:
Like what you see? Then check out the exclusive e-brochure for further details about this ground breaking event.
Here is a testimonial from the very successful first U.S Insurance Telematics event:
‘The inaugural insurance telematics show was fantastic! I
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