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Latest News in Car Insurance - Dec 28, 2007

December 28, 2007

Fla.: Governor vows lower insurance rate
CNBC - In October, State Farm bowed to Florida regulators by agreeing to lower rates by an average of 9 percent, give refunds to make up for an overcharge, and make it easier for some car insurance customers to save money. In November, state regulators …

Auto Insurance You Can Buy Online

Forbes - HOUSTON, Dec. 27 /PRNewswire/ — In these days of technology, consumers have the option of buying their car insurance policy online from various quality companies. Buying a policy online is not only convenient, but also comes with added benefits …

Aside from danger, driving drunk can also empty wallet
Statesville Record & Landmark - But the big cost, Crosswhite and Garvey said, comes in the next car insurance bill. ?You can expect to pay up to four times your annual premium for the next three years,? Garvey said. A DWI also comes with a 30-day license revocation. That?s not …

PIP Back On Florida Car Insurance
WTEV - TALLAHASSEE, Fla. — With the holidays over, it’s time to get ready for the New Year, and that means new car insurance for Floridians. Beginning January 1, 2008, Florida’s Personal Injury Protection Law, better known as PIP, goes back into effect …

2 sentenced in insurance crash scams
Miami Herald - Two men sent to prison for staging a car crash in Lauderdale Lakes are the first in Broward County sentenced under a tough Florida law enacted to combat no-fault insurance fraud, prosecutors say. Circuit Judge Stanton Kaplan sentenced Fedner Gelin …

Employee was hired despite history of traffic violations
Patriot Ledger - … of assault and battery and placed on probation with orders for counseling. In 2005, Falco pleaded innocent to charges from the state Attorney General?s office that in April 2004 he used a dead man?s name and information to obtain car insurance, a …

Berkshire caps a week of dazzling dealing
MSN MoneyCentral - On Friday, Mr Buffett’s satisfaction with the performance of his insurance units, which include Geico, the car insurer, and General Re, a reinsurance company, was reinforced as the “Sage of Omaha” launched a new venture and made a midsized …

Stolen car’s owner is a victim, again
Miami Herald - Linda Ferguson — widowed mother of two daughters — looked out her window on Sunday night, realized her 1992 Nissan Sentra was gone, filed a stolen-car report and called her insurance company. The next evening she saw her car on the news: Natasha …

Government chief adviser demands smoking ban in cars
Daily Mail - Tell you what… if the government pay for my car, pay my road tax and pay my car insurance, then they can tell me what to do in THEIR car, but at the moment it’s my name on the documents so I will do what I want in MY car. - Sarah, Preston I was …

Traps to avoid when buying a car

Punch - Keep in mind that car insurance premiums typically increase with the value of a vehicle, so buying a more expensive vehicle will increase your annual insurance costs. This can amount to hundreds of thousand of naira per year. In addition to insurance …

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