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),...

Michigan takes aim at ‘crazy expensive’ auto insurance

“All options” are on the table as Michigan legislators return to session next week seeking to reform the state’s no-fault auto insurance system and reduce motorist rates that are among the highest in the...

Buying a car? Watch out for this expensive ‘gap’

So-called gap insurance is meant to cover the difference between the balance of an auto loan and the market value of the car. Consumers with a long loan term or a small down...

Are Auto Loans the New Subprime Systemic Risk?

As clouds gather over the formerly surging auto sector, consider steering away. AUTOMOTIVE TRENDS COULD BE A HEADWIND TO ECONOMIC GROWTH Americans love their automobiles. As a large capital expenditure, it is an important economic variable...

Here’s Why S&P Isn’t Worried About Subprime Auto Loans

Credit metrics for subprime auto loans are getting worse, but the ABS market is stable, says S&P. There are a lot of reasons to worry about securities backed by sub-prime auto loans. Delinquency rates are...

What Car Manufacturers Get The Best Car Insurance Rates?

Since auto insurance premiums are heavily influenced by the vehicle that someone owns, comparing quotes before purchasing a car can be a very good idea. Auto insurance quotes can predict accurate prices for different...

Time to renew car insurance?

Have you checked your car insurance rates lately? If your car insurance is up for a renewal, you can expect to see your rates increasing. The experts tell KATV last year's claims in Arkansas were...

Car-Insurance Customers to Be Refunded Millions…

Top-three U.S. automotive lender Wells Fargo has been discovered to have charged hundreds of thousands of customers for duplicate car insurance they neither needed nor wanted, and in some cases people lost their vehicles because of...

Smart Ways to Save on Car Expenses

If you want to cut the fat from your budget, look at your car costs to find plenty of ways to economize. Use this total monthly car cost calculator to see how much you’re really...

If You Are Going to Buy a Car, Do It Right!

The fundamental law of supply and demand reigns supreme. When supply is much higher than demand, it’s a buyer’s market. For savvy auto buyers, with a little patience, good values should appear as the...

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