If it seems like you’re paying a lot for auto insurance these days, you may be right. According to the Insurance Information Institute (I.I.I.), auto insurance costs have risen, on average, by about 10% over the last two years.
Unless you live in Massachusetts, Hawaii or California, your credit rating can have affect what you pay for car insurance.
Recently, a house bill introduced in Delaware raised some important questions about the auto insurance factors providers use to price their policies. The Consumer Federation of America endorsed the bill, while others, like the American Insurance Association, were against it. Ultimately, the bill was tabled last week, but not before some valid car insurance issues were raised.
What are green cars? These are vehicles that are designed to do minimal harm to the environment when driven. And some of these cars are affordable to purchase and to insure.
Minimum auto insurance requirements vary from state to state. But in every state except New Hampshire, some type of coverage is required by law for anyone who drives on public roads.
There are some fairly obscure facts about car insurance that may come in handy. They could save you some money, time and hassle down the road.
If you feel like you’re paying too much for your car insurance, Ford is offering a new app that may be able to help. The DriverScore® app gives drivers the opportunity to earn a better insurance rate by practicing good driving habits.