Auto insurance rates ↝ Life insurance

Rep. Leutheuser: How car insurance reform will lower costs

If you drive a car in Michigan, you’ve been paying the highest insurance rates in the country. Everyone knows that. In fact, fixing our state’s unsustainable “no-fault” car insurance system is the main reason I ran for office and has been the number one issue I’ve heard about from my constituents. It has always been a bigger burden for the state’s border counties like Branch and Hillsdale, but according to a 2019 University of Michigan study, after forty years of ever-rising premiums, rates became “unaffordable” in 97 percent of Michigan’s ZIP codes. It was no longer a city vs. rural, or a Democrat vs. Republican issue – the high cost of car insurance in Michigan has been hurting...

Alberta government won t keep cap on auto insurance rate increases, CFOX

A spokesperson for Alberta’s UCP government confirmed to Global News on Friday afternoon that it will not continue to limit auto insurance providers to a maximum five per cent annual rate hike as the previous government had done. “Our government will allow the Automobile Insurance Rate Board to fulfill its mandate in setting auto insurance rates,” Charlotte Taillon, acting press secretary for Alberta Treasury Board and Finance, wrote to Global News in an email. “We believe this independent board is best positioned to evaluate the health of the insurance market and we respect their expertise and experience in the field. “To be clear, companies still must go...

Surprising Reasons Why Car Insurance Can Be Really Expensive

LOS ANGELES, CA / ACCESSWIRE / August 16, 2019 / has launched a new blog post that presents several reasons why policyholders pay a lot on their car insurance rates . Many drivers are surprised by how much they have to pay on their car insurance. There are many reasons that can explain why some policyholders pay so much on their insurance. The following surprising reasons can make car insurance more expensive: Bad credit score. Many drivers still don't know how important is their credit score when it comes to determining their car insurance rates. Persons with a bad credit score are considered high-risk by the insurers. These persons are more likely to miss payments or drop coverage mid-...

15 Tactics to Lower Your Car Insurance by Thinking Like an Insurance Agent

I always find it so funny when people complain about how expensive cars are. “Blah blah blah, mechanic fees, blah blah blah.” The latest stats from AAA say that it costs the average American $9,122 to drive every year. People are up in arms about it. Those numbers are insane, but I can’t relate to any of the complaints. Driving cars has never been expensive for me. In fact, my car now earns me money every month. (Yes, really.) This is because I do my own maintenance, usually bike short distances, rent my car out when I’m not using it, and do a tiny amount of work each year that allows me to get incredibly cheap insurance (<$50/month and dropping fast). Over the...

Explaining auto insurance rates to clients - Canadian Underwriter Canadian Underwriter

Explaining auto insurance rates to clients Many Ontarians drive carefree on the province’s roads and highways. However, that freedom comes with a price: auto insurance rates. Just recently, the Financial Services Commission of Ontario (FSCO) reported that the average increase in insurance rates in the first quarter of 2018 was 2.23% across the whole market. That’s up from the fourth quarter of 2017, in which rates increased by an average of 1.03%. While insurers and brokers are, in part, in business to make a profit, one recent—and controversial— study has shown that the profit has been excessive. In an April 2018 report prepared for the Ontario Trial Lawyers Association (OTLA), Dr. Fred...

Lock In Your Auto Insurance Rate!, Automobile, Motorcycle Car Insurance Company Lancaster County, PA

Susquehanna Insurance Lock in Your Rate Susquehanna Insurance can help you to lock in your auto insurance rate for the best value. We understand that life changes occur that can affect your auto insurance rate and that is why we have partnered with ERIE Rate Lock to ensure your low premiums remain the same. Your automobile insurance rate will stay the same every year no matter what occurs so you can have complete peace of mind. Until you make specific changes to your policy, your rates won’t change, guaranteed. At Susquehanna Insurance, your car insurance rates will always be customized to suit your needs. We offer low, affordable rates and with the ERIE Rate Lock, you can be certain that...

The Secret Behind Reducing Your Auto Insurance Rates - Homestead Insurance Group

I knew this title would get your attention! All jokes aside, this topic has been discussed over and over since the beginning of the auto insurance industry — “How Can I Lower My Car Insurance Rates?” I’m sure when you asked this question to your insurance agent they gave you the same tried and true responses: “Our company has taken a slight rate increase for all drivers in your area” “Your car is getting older, therefore it is costlier to repair in the event of a claim” “Looks like you got another seat belt ticket” “You are getting older, insurance actually increases as your age increases” “Looks like your credit score made your rate go up” I’m sure at some point you heard one,...

The Best Indiana Auto Insurance Companies for 2018,

The Best Indiana Auto Insurance Company Indiana drivers get to pay a little less for auto insurance than the rest of the nation. In 2018, the state was ranked #16 in auto insurance premium costs, making it one of the more affordable states in which to take out an auto insurance policy. This doesn’t necessarily mean folks in Indiana are better drivers, though — auto insurance rates are regulated by state governments, and the Indiana Department of Insurance requires rates to be “fair, adequate, and not excessive or unfairly discriminatory.” Since rates are so low, you don’t want to accidentally end up overpaying for your car insurance. To find the best auto insurance in Indiana, you’ll want...

7 Things That Affect Your Car Insurance Rates

7 Things That Affect Your Car Insurance Rates If you've ever shopped around for car insurance, there's one thing you may already realize: Calculating rates is not an exact science. This is why you can get relatively different quotes from different insurers. It's also why you should shop around. That said, your rate is also affected by a variety of factors — some of which you can control, and some of which you can't. You probably already know that factors like your gender, age, and driving record affect your auto insurance rates, so we reached out to a few experts to find out what other, lesser-known factors can affect your premiums. Here are a few. 1. The kind of car you drive You can...