Buying Auto Insurance for the First Time

January 2nd, 2012

The first time you need to purchase auto insurance can seem like a harrowing experience. However, insurance companies have worked over the years to make the process much easier. When you go looking for your own insurance, keep these points in mind:

  • Know what you need: There are four types of auto-insurance. They are: liability, uninsured/underinsured motorist, collision, and comprehensive insurance. California law requires you to carry liability insurance, which pays for another driver’s damages when you are found at fault in an accident. As discussed in a previous blog post, uninsured/underinsured motorist insurance protects you from other drivers who don’t have insurance, or don’t have enough insurance coverage to pay for your injuries and/or damages to your vehicle. Colli

Read more…

MAIA proposes 2012 referendum ballot to stop socioeconomic factors from impacting auto insurance premiums

September 24th, 2011

The Massachusetts Association of Insurance Agents (MAIA), a group based in Milford, has put forth a proposal for the 2012 election for a ballot referendum that would stop auto insurers from becoming able to use socioeconomic factors to underwrite their insurance.

This practice is already banned by the state, but the MAIA is seeking to continue making it illegal to use information such as a person’s education, job type, and credit score for determining an individual’s auto insurance premiums.

That said, organizations that represent auto insurers are arguing for the exact opposite, saying that this ballot measure would take the existing regulations a step further, and may actually lead most drivers in the state to have to pay more for their insurance when all is said and done.

President of the Barre-based Healy Brothers Insurance Agency Inc., William McKenna, said that there is merit to both arguments. He

Read more…

Finding Cheap Auto Insurance

June 21st, 2011

Cheap auto insurance is important for nearly everyone, as it can save you hundreds of dollars over the course of the year. Liability car insurance is one of the types of insurance that people will try to secure a good deal on, since it is becoming more necessary in today’s world. In nearly any car accident, there is a chance that someone will be at fault. In these scenarios, there is also a chance that one person will sue the other one. I

Read more…

Today’s News: Nonprofit Health Insurers Hoard Cash, State Farm Sheds Home Insurance Customers and Ohio Auto Insurance Stays the Same for 40 Years

August 9th, 2010

Reports show that many nonprofit health insurers have been hoarding cash, State Farm Insurance plans to drop home insurance customers and liability auto insurance in the state of Ohio has remained unchanged for 40 years.

Nonprofit Health Insurers Hoard Billions in Cash

According to a new study from the independent group, Consumer Union, many nonprofit Blue Cross Blue Shield health insurance companies have hoarded $9.1 billion dollars (or $855 per member per year) in extra cash over the last decade. Wh

Read more…

College Student Auto Insurance, Low Car Insurance For Students

July 6th, 2010

Statistics Have Shown That Students With Good Grades File Less Claims

As a college student, finding affordable auto insurance may seem impossible! Until you turn 25 it will almost always be expensive, especially if you are male! In addition, many college communities have higher accident occurrences which will also have a noticeable impact on your rates. It all adds up to sometimes astronomical rates that leave people wondering how they could ever afford to comply with financial responsibility requirements in general. Is there a way out of this and into affordable insurance premiums? Read more…

Why Keeping Up With The News is Good News for Your Auto Insurance Quotes

June 30th, 2010

Why Keeping Up With The News is Good News for Your Auto Insurance Quotes

How many times a week do you read the newspaper? Once? Twice? Once a month? Or is it as much a part of your daily routine as that first cup of coffee? There are plenty of reasons to read news, but I bet you never thought reading the paper would be good for helping you save money on your auto insurance quotes!

Don’t forget to “sniff” through the news for important info about your auto insurance quotes!

Read more…

Page 1 of 212