Monthly archives for April, 2008
Are Auto Insurers Required to Pay Sal...
Q: Is an insurance company required to pay sales tax on my car when they pay a claim for a totaled vehicle?
AIS Answer: 28 states in the U.S. require auto insurance companies to pay for sales tax reimbursement on the replacement vehicle when the prior insured vehicle has been totaled.
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Michigan To Announce Major Auto Insur...
On April 28 at 10 a.m. at the Detroit Urban League (208 Mack Avenue) in Detroit, MI. A news conference is set to announce a formation of a state-wide bipartisan coalition that will push for legislative chances to Michigan’s current insurance laws.
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Florida Car Insurance Rates Rising Fa...
Just when you thought Florida reinstating PIP coverage in Jan. 1 2008 was a bit of a hassle, wait till you compare your car insurance rates with neighboring states…or any state for that matter.
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Can I Negotiate For A Lower Car Insur...
¬¨‚ĆQ: Can I negotiate a lower car insurance rate with my insurance company? I don’t like how much I’m paying.
AIS Answer: As a general rule you can’t negotiate a premium that the insurance company has given you as a binding quote on a policy because the quoted premium rate is based on your individual risk and the total amo [...]
Liberty Mutual Buying Safeco Insuranc...
On Wednesday Liberty Mutual agreed to purchase Safeco Corp (Safeco Insurance) for a little over $6 billion.
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Looking For A Good Car Insurance Comp...
Q: I’m looking for a good insurance company. I’ve spent the last few years with a company that I’ve faithfully paid on time and they’ve denied a recent claim. So, now I need to find a good company to insure my car with.
AIS Answer: If you want to find a good insurance company, it helps to ask around. Talk to people tha [...]
When Is The Best Time To Switch Auto ...
Q: When is the best time to switch auto insurance companies?
AIS Answer: Anytime! Ok, well, within reason. If you’ve just started an insurance policy you’ve likely already paid a significant portion of your premium on the first payment – or if you’ve paid in full then you may want to wait until your policy is about to [...]
Pay As You Drive Auto Insurance and M...
Does a pay as you drive auto insurance model sound like a good idea? Imagine if you’re a good driver and you’re not stuck subsidizing poor drivers because they have a bad driving record? That would be fair right? (more…)
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