For Auto Liability Coverage to Attach to ‘Borrowed’ Vehicle…

For Auto Liability Coverage to Attach to ‘Borrowed’ Vehicle, Transaction Must Satisfy Commonsense Meaning of That Term In an insurance dispute spanning two states, and applying Kentucky law, the Sixth Circuit U.S. Court of Appeals,...

Premium Increases Become Sticking Point for U.S. Auto Insurance

According to the study, the number of customers receiving an annual rate increase of more than $200 per vehicle has more than doubled during the past four years. This has had a considerable negative...

8 Clever Ways to Slash the Cost of Your Car Insurance

The price of car insurance is ticking up slightly so far in 2017 - up 5% to 10% in average state-to-state price increases. Additionally, in the past five years, the auto insurance consumer price...

Auto insurance rate increase approved

Mike Causey, Insurance Commissioner, has announced the signing of a settlement agreement with the North Carolina Rate Bureau in response to the latter’s February 01, 2017 request for a 13.8% increase in auto insurance...

When to File an Auto Insurance Claim and Get Benefits

Claiming auto insurance benefits can sometimes increase the cost of premiums for a policy. The newly released blog post explains when to claim auto insurance benefits. Usually, it is best to claim benefits if...

How to Save Money on Your Auto Insurance

If it seems like you’re paying a lot for auto insurance these days, you may be right. According to the Insurance Information Institute (I.I.I.), auto insurance costs have risen, on average, by about 10%...

How IoT will change auto insurance

To determine policy premiums, auto insurers have traditionally used factors such as driving record, vehicle usage and insurance history. This is in addition to outside variables like customer location (collision/theft rates in the area),...

How Autonomous Vehicles Will Grow Auto Insurance Before Shrinking It

Insurance coverage for autonomous vehicles will bring $81 billion in new premiums to the insurance industry over the next eight years, according to a report from Accenture and Stevens Institute of Technology. These revenues will...

Warrants issued for 26 in $500K auto insurance fraud scheme

Arrests warrants have been issued for 26 suspects wanted in connection with an automobile insurance fraud ring in Columbus that attempted to collect $500,000 from 12 different insurance companies. Georgia Department of Insurance Commissioner Ralph...

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