Car insurers overcharge poor, watchdog says
A Consumer Federation of America report released Monday accuses auto insurance companies of unfairly penalizing low-income drivers.
By law, insurers aren’t allowed to ask about income. The CFA report says insurers are using a number of other factors — such as ZIP code and education — as proxies for income, and charging poor drivers much more as a result.
The report drew a sharp response from the auto insurance industry.
“As anyone who watches television commercials knows, auto insurance coverage is widely available in every U.S. state,” says Robert Hartwig, Insurance Information Institute president. “Driv
Will My Auto Insurance Pay for an Item Stolen Out of My Car?
Your auto insurance company will pay for damage done to your car and will also pay if your entire car is stolen, but what if a few important items were stolen from the car while in the parking lot of the mall or another public area? This is a common concern for many drivers because some cars hold items of especially high value that would be devastating to lose completely due to theft. This could include a top notch sound system, expensive electronics, multiple shopping bags, wallets, and so on.
Unfortunately, most insurance plans are not designed to cover the cost of stolen personal property in most circumstances.
Cheap Car Insurance for Student Driver
There are many factors that can affect the cost of your auto insurance so you need to become aware of it in order to avoid these factors. Although, there are lots of car insurance companies all over the internet that can offer free car insurance quotes. It does not mean that it will reflect the actual insurance cost or rate that you need to pay.
There are important things that you need to keep in mind like age, coverage and your driving history or record because this will affect the total price of your car insurance. If you are in your high school and colleges days and you want to drive a car, then you need to give high priority to car insurance.
U.S. Supreme Court: Warrants Needed for GPS Tracking
The Supreme Court of the United States , in a historic, landmark decision ruled unanimously today that a search warrant is required before police can use GPS devices to track those under criminal investigation.
All nine justices agreed that the GPS monitoring on the Antoine Jones SUV violated the Fourth Amendments protection against unreasonable search and seizure. The decision comes as significant defeat to the Obama administration and law enforcement agencies nationwide.
Back when we initially touched upon United States v.
Florida Lawmakers Introduce Set of Car Insurance Reform Bills
Florida lawmakers kicked off the new legislative session by introducing a flurry of bills aimed at reining in the dishonest claims and billing they say are running the state’s no-fault auto insurance system into the ground.
The four pieces of legislation introduced this week—two in the state House and two in the Senate—call for similar actions, including increasing the prominence given to law enforcement reports about injury accidents, allowing insurers to offer preferred-provider discounts and giving priority to hospitals over other medical providers in the treatment of crash victims.
Florida is one of a dozen states nationwide with no-fault systems that were implemented in order to cut down on the number of accident-related injury lawsuits and to make the claims process smoother for policyholders.
State law requires motorists to carry a minimum of $10,000 in personal injury protection (PIP), which covers policyholders up to that limit regardless who caused an accident. But i