Car Insurance Roundup, February 25, 2016


Car Insurance For Divorced Parents Of Teen Drivers – Forbes

From juggling carpool schedules to keeping track of belongings and homework, many of life’s details require extra coordination when kids go back and forth between two households.

If your kids drive, getting the right car insurance coverage is one task you don’t want to get lost in the shuffle. Here’s what you need to know as a divorced parent about car insurance for teens. 


NM auto-insurance rates relatively low | Albuquerque Journal

Even though car insurance rates are expected to rise about 3 percent this year nationwide, the amount New Mexicans currently pay is relatively low compared to many other states.

New Mexico is ranked No. 28 for the average premium cost on a full-coverage policy, according to a 2015 Insure.com study. Drivers shell out an average of $1,237, compared to the national average of $1,311 a year. The study averaged rates for the 20 best-selling vehicles in the U.S.

New Mexico ranks even better when it comes to how much premiums go up after an insured person files a claim, according to a report just released by InsuranceQuotes.com. 


Shop Around For Car Insurance By Comparing Free Online Auto Insurance Quotes! | Virtual-Strategy Magazine

How to get multiple auto insurance quotes?

http://bestauto-insurance.us/ is a professional brokerage website that has important contacts in the insurance world. Clients can compare quotes on the website by following two simple steps:

Enter the ZIP code. Location is always important when shopping for auto insurance. The ZIP code allows brokers to track plans that are available in the client’s area. The area also determines car insurance costs.

Complete an online quote form. The online quote form has to be completed with information about the vehicle that needs coverage. The applicant also has to answer a few yes/no questions. All of these details will help brokers properly adjust rates for each customer.

Clients can also customize their searches by selecting what type of car insurance they want and how much benefits it should carry. 


Get a Car Insurance Dedham to Ward Off Bills in the Event of an Accident – Press Release – Digital Journal

For all car owners who think that getting a car insurance Dedham is a wastage of time and money, need to think twice. For many years, this has been an accepted notion because the importance of an auto insurance has never been properly highlighted. With the coming of Remsen Insurance Agency Inc., in the scene, the entire picture has changed. More and more car owners have started realizing why it is mandatory to secure a car insurance Dedham at the very instance one brings a car home. In the opinion of the experts working with Remsen Insurance Agency, a car insurance is a must as much as a life insurance Wellesley is. 


Important Tips That Will Help Drivers Get The Best Car Insurance Quotes! | news.sys-con.com

To find the best car insurance quotes a driver must have a low insurability risk and use professional brokerage websites that have important contacts in the industry. all agencies will determine costs based on the insurability risks of a driver. Quotes use the same principle to estimate prices.
Getting a quote is the only way to find exactly how much a policy would cost. Drivers can now get multiple quotes online, on a single brokerage website. Comparing plans is a lot easier now as a single website can show offers from multiple competitors. Clients can compare quotes for free and without having to register anywhere. 


Erb and Erb now offers insurance coverage for Uber drivers – Kitchener-Waterloo – CBC News

A local broker is offering a new insurance policy for anyone operating as an Uber driver, even though the ride-sharing service and others like it remain illegal in Waterloo Region.

Kitchener-based Erb and Erb Insurance Brokers began selling the insurance, developed by Aviva Canada, on Feb. 1 for anyone carrying passengers for a fee.

That means Uber drivers will at least be able to operate with insurance, as they wait for the region to regulate ride-hailing services.

“The last thing you want to do in get into a car with someone who doesn’t have that coverage,” Michael Brattman told Craig Norris, host of CBC Radio’s The Morning Edition, on Wednesday. 


Why Millennials Aren’t Buying Insurance—And Why They Should – Times of San Diego

Do you remember the classic film Ferris Bueller’s Day Off? We all cringe when Cameron famously “goes berserk” and kicks his parents’ Ferrari into the ravine. When I saw the film for the first time, there’s no doubt it made me think about how much trouble I’d be in if my parents’ shiny car had been damaged. 


The Most Expensive 2016 Cars To Insure – Forbes

It doesn’t take an actuary to figure out why expensive and exhilarating rides like the Dodge Viper and Nissan GT-R are among the costliest cars to cover. “The Viper is a car you buy because you love to drive fast,” says Penny Gusner, consumer analyst for Insure.com. “That’s reflected in the rates.”

While the most expensive models generally tend to be assessed higher car insurance rates than cheaper ones because of higher repair costs, the Viper is ironically the least-costly car on the list with a sticker price of “only” $97,995. Aside from a car’s MSRP, insurance companies further base their rates on claims histories, including how much damage a given model incurs in a typical crash, the extent of injuries (and fatalities) suffered by occupants and other parties, the cost of damage to other vehicles and property and which models are more or less likely to be stolen. All together those points are the very definition of the sports cars and high-powered luxury cars that dominate the list of cars suffering the highest insurance rates. 


Take a Defensive Driving Class if You Live In These States

Lower gas prices last year encouraged more Americans to hit the road, which led to more accidents and claims, and consequently, insurance companies raising rates in response to the increase in claims frequency. If your insurer raised your rates recently, there’s a little known discount that can help reduce the impact if you live in certain states. What most drivers do not know is, some states actually require insurers to give discounts to any driver who completes a defensive driving class. Why does it make sense to take it? Because you can find a defensive driving class for as low as $20 – $25, which leads to at least a 5% discount that applies to 2 – 3 years of coverage. Well worth the cost. 


The Extraordinary Rising Costs of Driving Drunk | The Fiscal Times

As if you need another reason not to drink and drive.

People who are charged with drinking under the influence can expect their car insurance rates to skyrocket.

An adult who receives a citation for a DUI can expect their car insurance to shoot up by more than $813 annually, according to a NerdWallet report. Teenagers face a much costlier consequence – their individual car insurance rate can spike by more than $2,398 a year. 


Cars that get the most speeding tickets – MarketWatch

Cars don’t speed, people do. Last year, the Subaru WRX earned the dubious title of “most ticketed” car, but those lead foots may have slowed down, because that make and model dropped to No. 12 in a recent data analysis. This year, a stylish sedan sits at the top of the list of cars with the most tickets compiled by Insurance.com, a car insurance comparison site. The most frequently ticketed vehicles include a variety of economy and luxury cars, the cars with the lowest percentage of tickets are generally more expensive vehicles. Insurance.com reviewed insurance claim and traffic violation data from 331 models and more than 323,000 recent customers. Rankings were calculated on models for which more than 250 quotes were sought to ensure a significant sample size. 


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