Auto Rates Rising
It looks to be that even in a poor economy, auto insurance rates will be rising.
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It looks to be that even in a poor economy, auto insurance rates will be rising.
Filed under: Auto Insurance Articles | No Comments »
It had to happen. The insurance industry often known for its incredibly high profit margin and ability to make above average returns on their investments (i.e. your policy premium) have within the last year gone through a massive down cycle created by the sub-prime mortgage meltdown.
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Just when you were getting used to automobile insurance premiums going lower for the last few years, they’ve started rising again.
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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?
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Are you planning a trip to Mexico? Will you be driving your U.S. Registered vehicle there? If so, you’re likely going to need to pick up extra Mexico auto insurance coverage for the trip.
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A lot of people write asking where they can find the best auto insurance company. While you can check the ratings of insurance companies quite easily, that’s only a small indication of how you’ll be treated as an individual policyholder.
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Below is a list of ten states in Q3 2007 that saw the largest decline in the average yearly car insurance premium over the course of a year for the same period.
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It doesn’t seem to matter what amount you’re paying for car insurance, it always seems like it’s too much. So, for those of you with an interest in lowering your car insurance premium I’ve outlined 4 quick ways to drop that rate.
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Common questions arise when someone is unsure of whether they need to file SR-22, why they need to file, and for how long. Since the requirements for filing SR-22 vary from state to state, including the offenses that mandate the filing, it was easier to just put all of this information on one page [...]
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Many American’s have had their auto insurance policies renewed, or are going to be renewed within the 1st quarter of the year.
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