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Large payouts from natural disasters could lead to auto insurance rate increases

From earthquakes, fire and floods to tornadoes and tropical storms, the natural disasters that hit the nation this year broke records for the billions of dollars in damage they wreaked.

  • posted: November 28

Recent Headlines

Monday 10/24/2011
New federal auto regulation could have positive insurance implications
Posted: October 24, 2011

At first glance, the dozens of vehicles chosen as top safety picks this year by the Insurance Institute for Highway Safety (IIHS) appear to have little in common other than doing a good job of protecting drivers and passengers. The list includes everything from mini cars to minivans, luxury sedans and pickup trucks, all built according to their own design specifications by different automakers.

Monday 09/26/2011
New auto insurance trend gains traction across the country
Posted: September 26, 2011

Officials in California and around the country have high hopes for new "pay-as-you-drive" (PAYD) auto insurance programs they say will save motorists money - and could help save the planet - just by tailoring policies to fit the actual number of miles policyholders drive.

Sunday 08/21/2011
Auto insurance agents reignite credit-scoring debate
Posted: August 21, 2011

Agents in Massachusetts are so dead set against allowing insurers to use consumers' credit histories in setting auto premiums that they are taking two separate paths toward outlawing it.

Tuesday 08/09/2011
Auto insurance carriers turn focus toward direct channels
Updated: August 26, 2011 - 11:44 am

More American consumers than ever are bypassing agents and buying auto insurance straight from insurers, prompting several big-name carriers to focus on a more direct approach to selling policies.

Auto insurance carriers turn focus toward direct channels
Posted: August 09, 2011

More American consumers than ever are bypassing agents and buying auto insurance straight from insurers, prompting several big-name carriers to focus on a more direct approach to selling policies.

Sunday 07/31/2011
What gives Harley-Davidsons their distinctive sound?
Posted: July 31, 2011

Some engines hum. Some whine. Others roar. But Harley-Davidson motorcycle engines rumble. Harleys produce a low, deep-throated, somewhat syncopated vibration many aficionados describe as "potato-potato-potato-potato." The sound is so distinctive - and so closely associated with the brand - that Harley-Davidson once sought to have it trademarked. (The company ultimately withdrew the application.)

Thursday 06/30/2011
Auto insurance costs are on the decline - aren't they?
Updated: August 26, 2011 - 11:43 am

If you look at two sets of data often used to track pricing trends for auto insurance in America over time, you would see that the price of insuring a car in the United States dropped by a total of 6.75 percent between 2004 and 2008, and it also rose by a total of 3.4 percent during the same period.

Auto insurance costs are on the decline - aren't they?
Posted: June 30, 2011

If you look at two sets of data often used to track pricing trends for auto insurance in America over time, you would see that the price of insuring a car in the United States dropped by a total of 6.75 percent between 2004 and 2008, and it also rose by a total of 3.4 percent during the same period.

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