A group of New Jersey advocates is urging the state to ban auto insurance companies from using a person’s job, education or credit score to determine prices. They say the practice translates into low-wage drivers who pay higher premiums than richer motorists. “You may have a doctor or a lawyer or some other type of…
MELBOURNE, Australia, May 16, 2022 (GLOBE NEWSWIRE) – According to leading car and motorcycle insurance specialist Eric Insurance, being a younger driver often carries a higher premium price. With less time on the road, young drivers lack experience in various road conditions and often do not have a solid understanding of how to handle the…
Hobbies keep people escaping in difficult times. Companies that provide the infrastructure to help them enjoy these pursuits can also foster engagement that allows them to sell goods and services. For example, over the past few years, Hagerty has built an ecosystem that includes not only specialized insurance for automotive enthusiasts, but also a club,…
TAMPA, Florida (WFLA) – Property coverage is not the only type of coverage for which Florida has a cost concern. According to a study by Bankrate, the average vehicle insurance in Florida is nearly $ 1,000 higher than the national average. “Florida has one of the highest average full-coverage annual car insurance rates in the…
Editorial Note: We earn commissions from partner links at Forbes Advisory. Commissions do not influence the opinions or evaluations of our editors. Buying a new car can be an exciting experience. From the pristine exterior and interior, to the single-digit odometer and the smell of that new car, driving a new car from the dealership…
Florida drivers spend more of their salary on car insurance than everyone else in the United States. That’s according to a new Bankrate.com report that says drivers in Sunshine State spend a staggering 4.42% of their annual revenue on car insurance. The only state that spends most of its money on insuring its vehicles is…
Nearly $ 3 billion in car insurance refunds are expected to be distributed to drivers in Michigan in the past two months, and Monday marked the end of the period during which insurance companies can distribute checks worth $ 400 per policy to drivers in Michigan. The benefits came from a surplus of about $…
Editorial Note: We earn a commission from affiliate links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Your car was damaged or destroyed in an accident. After your car insurance claim is finalized, you may be eligible for a payment. But how does it work? Are you receiving a…
Car insurance: The domino effect that raises your premium Cars in minor accidents add up more than ever. (WFTV) ORLANDO, Fla. — Some drivers in Florida get sticker shock when they see their latest auto insurance update, and those who haven’t overpaid to make sure their car can do so soon. When the COVID-19 pandemic…
Editor’s Note: We earn a commission through affiliate links on Forbes Advisor. Commissions do not influence the opinions or evaluations of our editors. State Farm and Geico are two of the largest auto insurance companies in the US and have a lot of experience taking care of customers. They all have a lot to offer,…