Hottest Car Insurance

A law restricting texting while driving was approved by Alabama Gov. Robert Bentley Tuesday, and it may have insurance implications for drivers who violate the ban after it takes effect.

Fines for using a hand-held device to text behind the wheel will be $25 for first-time violators, $50 for a second offense and $75 for the third and any subsequent violations. For each violation, the law will also institute a two-point penalty against a driver’s record, which auto insurance companies may be able to view as lawful justification for insurance-rate hikes.

The law goes into effect on Aug.

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Data recently made public by the Michigan Office of Financial and Insurance Regulation show six car insurance companies have already implemented or soon will be implementing rate hikes for some policyholders in the state.

Drivers searching for cheap car insurance in Michigan will be looking at a new playing field, with the highest percentage hikes at QBE Insurance Corporation, Merastar Insurance Company and Allstate Property and Casualty.

Merastar changed rates for new policies on March 5 and will institute a rate change for renewal policies on April 1 for 555 of its customers, signifying an average increase of $203.42 per policyholder and 11.4-percent rate increase overall.

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Car insurance for new drivers: how to get the best deal

It’s well known that finding cheap car insurance for young drivers is like finding the Holy Grail but what many people don’t realise is that the same could be said for new drivers, whatever their age.

It is an unavoidable factor when it comes to car insurance that the newer the driver, the pricier their premiums, but this can be hard to swallow when you are a middle-aged adult who’s just got round to getting behind the wheel.

There are, though, some tips to follow for new drivers of all ages to help them secure the cheapest car insurance deal possible. Firstly, the cheapest cover isn’t always the best.

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A policy that has the entire life time coverage is the Whole of Life Assurance policy. This type of policy is not time specific and runs through out the life and guarantees an assurance that no matter how long or how short your life is, your beneficiaries will receive the promised amount. Therefore, this insurance policy is deservingly more expensive than the term insurance. The premiums are required to be paid annually.

Many people choose the whole life insurance policy over the cheaper term insurance. This policy has a number of long term benefits that makes it a more stable and reliable policy. Read full post…

A two-year operation involving food trucks in Miami, more than a dozen staged accidents and hundreds of thousands of dollars in phony claims recently yielded more than 15 arrests, according to a state official leading a crackdown against such crimes.

Florida Chief Financial Officer Jeff Atwater said Tuesday that the arrest of Yoandris Benitez, who surrendered to authorities Tuesday, is linked to several made last week that broke up a crime ring allegedly operating between 2008 and 2010 and involved fake claims filed under property damage and personal injury protection (PIP) policies, the latter of which is a type of no-fault insurance that reimburses its policyholders for post-crash medical expenses.

Atwater said more arrests are expected.

Other state officials have recently pushed PIP reform, passing HB 119 in both the House and Senate earlier this month.

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How named driver car insurance can reduce your premiums

There are a number of ways to find the cheapest car insurance – increasing your excess, shopping around and choosing your car wisely are all viable options, but many people don’t realise that using a named driver policy can have the same effect.

There are two ways of using a named driver policy to save you or your family money when it comes to car insurance. There are, however, some rules you have to abide by if you don’t want to break the law.

If you have newly qualified drivers in the family, then adding them to your policy as a named driver is a good way of saving them some money.

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