Filed under: Car Insurance News
Many individuals are unconcerned about how an automobile insurance claim works until they actually need to file one. The entire claim process can be affected by many different factors, such as the state laws where the claim is made, the insurance provider involved, and the extent of the injury and/or damage. Here is the basic outline of how the claim process works.
Notify the Agent
Do not delay the reporting of the accident to the agent, regardless of who appears to be at fault. The agent will advise on how to proceed with the claim and make recommendations on what the insured should and should not do regarding others involved.
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Filed under: Car Insurance News
Now, the mandatory auto insurance premiums will be rolled back as the State Senate & the House has approved a bill. In 2009 as per the law there was a hike in auto insurance premiums for some of the motorists.
It is important to have a better understanding of what this law entails for motorists. The Wisconsin motorists would still be required to carry insurance but this new law could help them decide the amount of coverage that would be required. According to the bill that has been passed in the legislature the state’s mandatory liability premiums that were raised in 2009, have been lowered.
According to Gov. S
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Filed under: Car Insurance News
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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Filed under: Car Insurance News
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:
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Filed under: Car Insurance News
Mileage-based insurance is the auto insurance industry’s latest innovation, and it is one which actually does save the customer money in the majority of cases. Progressive and a few other insurers have been experimenting with the concept for several years with large degrees of success, and most recently State Farm, a venerable auto insurance giant, has entered the fray by debuting its Drive Safe & Save program in Texas. Texas has one of the highest rates of uninsured drivers in the country, so it can be hoped that this new program will have a positive effect on that statistic.
In order to qualify for the Drive Safe & Save (DSS) program, Texas drivers have to have an active account with OnStar, a vehicle diagnostics and service program offered by Chevrolet but that is available to those who drive other vehicle brands as well. O
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Filed under: Car Insurance News
Although teenagers are eagerly waiting to get behind the wheel, as per the new rules their wait could go on for a bit longer. The new rules that are in force are the reason for parents to postpone getting a driver’s license for their teenaged kids. Parent are taking some tough financial measures because every average household in the United States is presently paying around $3,100 each year in order to allow youngster to drive, and $800 is paid on an average towards auto insurance – as per the poll conducted by Nationwide Mutual Insurance Company.
Parents do realize that there are sacrifices and adjustments that need to be made due to the economic crisis, in order to allow their teenaged kids to drive, states Larry Thursby, VP, auto product and pricing, Nationwide. The
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Posted on April 17th, 2011 by Elizabeth Martin
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