car insurance News

Program to Flag Uninsured Vehicles Misses Mark 5% of the Time

OKLAHOMA CITY — Nearly 5 percent of vehicles flagged as uninsured in Oklahoma were identified by error, according to a prosecutor who leads a new program that includes automatic license plate readers. The Oklahoma District Attorneys Council sent warning letters …

Report Says Minorities Living in Urban Areas Pay More for Car Insurance

A new report suggests that people living in urban minority neighborhoods could be paying as much as 30 percent more for car insurance, but an industry group says the report’s findings are flawed. Nonprofit investigative news organization ProPublica and Consumer …

State Farm Suffers $7B Auto Underwriting Loss, Profits Decline 94%

State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said annual profit fell 94 percent on car insurance claims costs. Net income dropped to $400 million from $6.2 billion in 2015, when results included one-time gains in the …

Liberty Mutual to Pay $925,000 to Settle California Accident Forgiveness Ad Issue

Three California district attorneys announced they had obtained a $925,000 settlement in a consumer protection lawsuit brought against the Liberty Mutual Group, Inc. and Liberty Mutual Fire Insurance Company, which offers Liberty Mutual auto insurance in California and nationwide. The …

Marriage Cuts Car Insurance Costs

Your driving record seems a legitimate risk for insurers to consider when they price auto insurance. But your marital status? Yes, young men in red sports cars will pay more for coverage than everyone else, but it’s hard to see …

Top 10 Most, Least Expensive Cars to Insure

The cheapest 2015 models to insure include two minivans, seven sport-utilities and the tiny Smart ForTwo, according to an Insure.com ranking of the most and least expensive vehicles to insure. The Jeep Wrangler Sport 4WD repeated its cheapest-to-insure title, with …

Moving Violations Nearly Quadruple Car Insurance Costs in Some States

It’s well known that motorists who commit moving violations can expect higher car insurance costs. However, that increase varies significantly by state, according to a new insuranceQuotes.com report. For example, drivers who receive a DUI charge will pay an average …

New Jersey Delays Vote on ‘Electronic’ Auto Insurance Bill

The Assembly has delayed a vote on a measure that would allow drivers in New Jersey to use smart phones, computers or tablets to prove they carry auto insurance during traffic stops. The bill was due to be voted on …

Approved Louisiana Bill Means Hefty Fine for Uninsured Drivers

In the final hours of the legislative session, Louisiana lawmakers passed a $53 million fee hike on drivers who don’t maintain car insurance as required by law. Most of the money expected to be raised is slated to go to …

Wal-Mart Debuts Car Insurance to its Customers

Wal-Mart is bringing one-stop shopping to another area: auto insurance. The world’s largest retailer has teamed up with AutoInsurance.com to let shoppers quickly find and buy insurance policies online in real time to cut down costs. The service is available …