Insurance 101: How to Buy Auto Insurance

Insurance 101: How to Buy Auto Insurance

There are many options and advertisements for auto insurance. With so many choices, it’s hard to know what you really need. However, an Illinois driver is required to carry auto insurance and certain coverage options may be required by your lender if you still have a loan out on your vehicle. All the big name auto insurers, like Geico, offer multiple coverage options which can be generalized to six different areas. Liability for bodily injury…

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Girls Tailgating Boys With High Auto Insurance Premiums

Girls Tailgating Boys With High Auto Insurance Premiums

Conventional wisdom in the 20th century held that teenage boys were much more aggressive, riskier drivers than their female counterparts.

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Jump Start Seven Day Auto Insurance Policies Under Fire in Michigan

Jump Start Seven Day Auto Insurance Policies Under Fire in Michigan

What is a Seven Day Auto Insurance Policy? Michigan drivers have some of the highest auto insurance rates in the nation, and drivers in Detroit pay rates so high one state senator says the premiums there are “probably the highest on earth.” Sen. Joe Hune, R-Fowlerville, chairs the Senate Insurance Committee in Michigan, and he says the huge rates paid by Detroit drivers “has caused people to find some creative solutions.” Among those creative solutions,…

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Are Head-up Displays And Voice Command Technologies As Dangerous As Manual Texting While Driving

Are Head-up Displays And Voice Command Technologies As Dangerous As Manual Texting While Driving

From drinking coffee to eating a donut to putting on makeup or touching up a morning shave, as drivers we’re often guilty of performing “secondary tasks” in our cars. As a result, there’s been an uptick in injuries – and even fatalities – directly tied to distracted driving. And now “wearable technologies” are coming under scrutiny as well. While it may seem at first glance that devices such as Google Glass, which include features such…

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ProPublica, Consumer Reports and the Insurance Information Institute In a Scrap Over Minority Premium Report

ProPublica, Consumer Reports and the Insurance Information Institute In a Scrap Over Minority Premium Report

ProPublica, Consumer Reports and the Insurance Information Institute have built their reputations on being go-to resources for research and analysis, but one report has embroiled them in a scrap over how insurance premiums are set for various consumers. The consumer protection outfits recently released their response to a column by the Insurance Information Institute’s James Lynch which criticizing a report they produced, Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the Same Risk. Lynch serves…

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Inside Insurance Slang – Why You Don’t Need A Choke and Croak Credit Policy

Inside Insurance Slang – Why You Don’t Need A Choke and Croak Credit Policy

As with all professions, practitioners develop a sort of shorthand or slang to describe the various elements of their day-to-day business. Sometimes the slang has a dark edge – and a nefarious intent. Take, for example, the phrase “robbing the coffin.” That little ditty refers to someone who has a relationship with a person considerably older than themselves – often in an effort to gain from life insurance policies of the soon-to-be deceased. Yet another…

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Does Your Auto Insurance Specify Original or Aftermarket Replacement Parts?

Does Your Auto Insurance Specify Original or Aftermarket Replacement Parts?

You’ve had an accident. You’re okay, but your car is in need of some serious bodywork. Fortunately, you have auto insurance and you’ve already received a repair estimate from the claims adjuster. That estimate notes covered repair costs for parts and labor, yes, but do you know which types of parts the body shop is being authorized to use? A fender is a fender, right? Not necessarily. Depending on the insurance company – and your…

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Will Self-driving Cars Be Self-insuring?

Will Self-driving Cars Be Self-insuring?

You’re not far from sharing the city streets and highways with “self-driving” cars, and aside the from the ethical and technological concerns, you’ll also have to worry about what will happen if one plows into you during your commute. Make no mistake, self-driving, autonomous cars are the future. While developers say self-driving cars will prove to be safer through their melding of sensors and analytical software, there’s one rule that applies to everything in this…

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