Posts Tagged ‘Auto Insurance’

PIP Contributes to Rise in Auto Insurance Claims Costs

January 2nd, 2012 by Crystal Davis

Auto insurance claims are on the rise across the country according to a new report released by the Insurance Research Council (IRC). The report, issued this week, found that the increase in costs is reversing previous trends of relatively stable costs that have even declined in some cases.

Auto Insurance Claims Severity and Frequency Increasing

The new Insurance Research Council report, titled ”Trends in Auto Injury Claims, 2011 Edition,” has revealed some shifts in previous auto insurance claims trends.

In the previous few years, reports from the IRC found that while injury claim severity (the average cost of injury claims) has been on the rise, it has always been offset by declining claim frequency. Howe

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Undercover Sting Uncovers Auto Insurance Fraud

May 17th, 2011 by Crystal Davis

Car insurance fraud is something that many auto insurance companies face on a daily basis. It is very sad that criminals feel it necessary to take advantage of their auto insurers by staging accidents and filing false auto claims for accidents that they faked on purpose. Law enforcement officials have begun cracking down on people who engage in this type of illegal activity.

In Tampa Bay, Florida law enforcement officers from Hillsborough County took action against multiple assailants who have allegedly staged car accidents. The police involved call their investigation into the auto insurance fraud “Operation No Pain No Gain”. Off Read more…

How to Choose a Right Auto Insurance Company

July 21st, 2010 by Crystal Davis

There are many resources out there that discuss who is the best auto insurance company.

Low-insurance.org offers a way for shoppers to comparison shop auto quotes. Our collection of local and online agencies represent many ‘A’ rated Carriers. Although this is a fact, it never hurts to take a look for yourself and see the financial strength of the Insurance Carrier that is offering you the best rates for the coverage you need. Reviewing the insurance company will help you verify that the insurer you go with will indeed deliver you the coverage (and potentially benefits) which come with it.

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12 Secrets Your Auto Insurance Company Won’t Tell You

May 16th, 2010 by Crystal Davis

It is difficult to get a good deal on car insurance today and keeping your premiums from rising is like playing a game wherein you don’t know the rules. Fortunately, there are a dozen tips that will help you save money.

Good Credit

Every insurance company, including the top five insurance companies, will pull your credit report. Anyone who has good credit will pay less for their insurance. This is because studies have shown that there is a direct correlation between your credit score and how likely you will be to file a claim. Insurance companies also know that if you pay your bills on time and have had the same credit accounts for a long time, then you are more stable than someone who pays their bills late and opens and closes accounts on a frequent basis. S

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