Online auto insurance releases list of states and cities with bad towing practices
Posted on July 23rd, 2011
The online auto insurance company has advised customers to look out for signs of poor towing practices after results were published by Property Casualty Insurers Association of America or the PCI.
Unscrupulous tow truck operators take stranded motorists for a jolly ride in Chicago than in any other part of the nation, as per the survey. The poll has also found that the towing and storage charges had skyrocketed and were always inconsistent throughout the nation. This was the biggest challenge faced by consumers.
New York City, Philadelphia, and Chicago were considered to be the worst cities nationwide as they had the most outrageous charges on towing and storage.
Tags: Auto Insurance, Online Auto Insurance, Practices, Towing Practices
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Why General Liability Insurance Got Limited
Posted on July 23rd, 2011
If you own general liability coverage for your business, you have hopefully read it through. In reading it, you may have taken note of the various types of limits contained in it. A limit is a maximum amount of money that your insurance company is willing to pay under a certain circumstance. The most common types of limits are per-occurrence, which means per claim or related series of claims, and aggregate. The aggregate limit is the total amount of money your insurance policy is willing to pay out per year, regardless of the number of claims.
General liability insurance policies didn’t used to carry aggregate limits. T Read more…
States With The Lowest Auto Insurance Requirements
Posted on July 22nd, 2011
States with the lowest car insurance requirements in the industry can be found across the United States. Insurance companies can offer the lowest auto insurance rates in many states and cities because the risk of owning and driving a car in some states is considerably less than the risk in driving and owning a car in other states.
Insurance companies take a hard look at statistics before arriving at auto insurance rates and premiums for a particular state. Actuaries know what the exact odds are that someone will get into an accident or have a car stolen within a state.
Tags: Auto Insurance, Insurance, Insurance Requirements, Lowest Auto Insurance
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Insurance Customers Satisfied, but Want More
Posted on July 21st, 2011
There are significant gaps between what consumers want from their insurers and what they feel they are receiving, even though overall satisfaction levels are high, according to an Accenture survey of 7,000 people from 13 countries.
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The survey found that the great majority (84 percent) of respondents say they are satisfied with their insurance provider but there is an expectation gap across the range of customer service issues.
Tags: Want
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Car Insurance Rates And Distracted Driving Laws
Posted on July 20th, 2011
Distracted driving habits are becoming on a level with drunk driving. Across the country, states are redefining traffic laws to cover the problems inattentive motorists create. Also, car insurance rates are going up to cover the increased accident claims distracted drivers produce. Driving under the influence has for years been the major reason for serious accidents. Distracted drivers are fast assuming that position.
The root cause of distracted driving is anything that takes a driver’s attention off the road.
Buy a GM vehicle and avail free car insurance
Posted on July 19th, 2011
In the middle of the raging price war that is on amongst the auto insurers including majors like AllState, Progressive, and Geico, there is some good news for those who purchase a GM vehicle.
General Motors (GM) has teamed up with MetLife to tackle this price war and has announced that it will offer free auto insurance for those who purchase vehicles from GM motors. But the offer is on only until the 6th of September and is extended only in Washington and Oregon as of now. GM would be observing this program keenly and will rollout this program on a national level if it manages to attract buyers to the Buick, Cadillac, Chevy, and GMC showrooms.
But one would want to know, why this is being offered only in the Northwest states only?
Tags: Gm Vehicle, Vehicle
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Survey: Health Insurance Brokers Vital in Years to Come
Posted on July 14th, 2011
As the health insurance landscape changes, so do middle market companies’ views on their relationships with brokers. The majority of companies surveyed by TNS, a Kantar Group company, view their employee health insurance broker or agent as a valued partner. In 2014, most companies—including smaller (fewer than 50 employees) and larger (more than 50 employees) companies—will be relying more heavily on their brokers to help them navigate through the choices offered under reform. This is evidenced by 75% of companies who think their health insurance broker will play a more important role in their relationship over the next three years.
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Tags: Brokers, Health Insurance
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