Consequences of Auto Insurance Fraud
Posted on April 25th, 2010
Insurance fraud is never a good choice and has several legal consequences. Doing it will not only harm you, it will also harm your chances of getting benefits if you had not done your dirty deed. Auto insurance fraud is one of the things that make premiums costs go up and plenty of surety companies go out of their way to stop it.
A lot of people have been caught and punished for auto insurance fraud. Examples of these are people who report stories about car crashes or other accidents so that they can claim any benefit from their insurance companies. A lot of people try to make events that look realistically accidental and even make up false injuries to convince these insurance companies to release their benefits.
Tags: Fraud, Insurance Fraud
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Progressive Auto Insurance: Launch of Android App
Posted on April 24th, 2010
According to the press release “Progressive Launches Industry’s First Android App for Car Insurance” from Business Wire, Progressive Auto Insurance has a phone application for the Google Android (TM) operating program. Android happens to be the fastest growing smart phone out there according to data from comScore, Inc.
Matt Lehman, Progressive’s Web experience director says they have seen a 30% increase in visits to their Mobile Website by Android owners over the last 4 months. They have aimed to simplify the mobile app experience for the Android customers.
Progressive is the first major US auto insurance company to offer an Android app for auto insurance. They als
Tags: Android App, App, Auto Insurance, Progressive Auto Insurance
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Finance: Consumer, State Groups Oppose Senate Insurance Provisions
Posted on April 21st, 2010
Consumer groups and state insurance commissioners are fighting broad powers granted to the Treasury Department in the Senate’s financial regulatory bill to negotiate international insurance agreements they argue could undermine consumer protections.
The proposal also would cut Congress out of such international negotiations, drawing flak from Senate Finance Committee staff seeking to preserve lawmakers’ traditional role in approving treaties. Read more…
Wisconsin Has A New Health Insurance Program
Posted on April 20th, 2010
It’s called the BadgerCare Basic Program. This program was just passed the Legislature on Wednesday. It provide a basic health insurance for Wisconsin residents. Now Thousands who were not insured now can look the BadgerCare Basic program as a way to stay covered with the state funded health care coverage. This will be for Adults who have been on the waiting list for the BadgerCare Core plan. About 34,000 people currently make up the waiting list.
All members who take advantage of the BadgerCare Basic plan must pay a $130 monthly premium. Enrollment into this plan begins on the 1st of the month but when your premium is received will determine when your plan will go into effect. I
Tags: Health Insurance, Program
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Performance Car Insurance & Fuel Prices
Posted on April 19th, 2010
If you have been anywhere near a petrol station in recent months then you will be well aware of the astronomical prices of fuel these days. If you are anywhere near as disgusted as me at the government and the oil companies, both of which point the finger at each other but are equally to blame, then you will be open to any ideas as to how to keep your travel costs low, especially if you have to fork out for performance car insurance. Performance car insurance is higher than regular insurance but there are ways that you can cut your fuel bills and avoid doing anything that can put your premiums up.
For example, tyres that are low can cause accidents because they reduce your control over your performance car but making sure that they are fully inflated and balanced can decrease the likelihood of you having an accident as well as improving your fuel economy. A
Tags: Fuel Prices, Prices
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How Your Credit Influences Your Car Insurance Rates
Posted on April 17th, 2010
Insurance at the very core is merely a way to pool risk amongst a group of individuals. Each individual within the group agrees to a contract that offers coverage for a defined list of circumstances. This coverage is provided in exchange for premiums paid by the policyholder. Each policyholder pays a different premium based on a formula that considers a variety of personal factors. One of these factors is your credit score and history.
The use of credit to determine car insurance rates has met with criticism and controversy. Auto insurers insist that a person’s credit history is a valuable barometer of the likelihood of future claims.
What you Need to Know in Car Insurance for your Teen
Posted on April 16th, 2010
When purchasing car indemnity for a teenager or a young driver, the premiums tend to be higher. However, there are some ways to save on car insurance for a teenage motorist, and in these troubling economic times, it is important to save as much as you can. Make sure, you inform you young driver about car indemnity and how it affects the car that they are driving as well as they way they drive. Also make sure that they are aware that having car insurance does not make them invulnerable to car accidents and traffic incidents.
Your teenage driver should start out driving with as clean a record as possible to get the best rates.
Tags: Car Insurance, Teen
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