Cheap Car Insurance Quotes For Florida Drivers Now Presented At Quotes Pros Website – University Chronicle

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All of the 67 counties that exist in Florida are now represented by new agencies that are provided for motor vehicle owners to review anonymously. “The programmed quotation system is directly expected to offer access to rates that are promoted at the county and state level to car owners interested in saving money on car insurance,” said a Quotes Pros source. The change in the company system to providing more local rates data is one that is expected to expand the system accuracy for this year. New advantages of using the locator system includes ways to quote state minimum, PIP and full coverage options that agencies underwrite in Florida and other states. “Owners of cars can utilize our system daily to find the rates drops and other changes to premiums that can be hard to research using other exploration options offline,” the source said. The Quotes Pros company has expanded its auto insurer lookup system this year in contrast to the general insurers that are providing rate quotations for other products.

Study: Auto Insurance Rates Up 3 Percent

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Florida, Hawaii, Maryland, Maine, Montana and North Carolina were also at the low end, all with increases of less than 1 percent. Here are the states with the biggest homeowners insurance jumps, according to Perr&Knight: Oklahoma — -12.1 percent Kansas — 10.3 percent North Carolina — 10.1 percent Only two states, California and Hawaii, had a drop in homeowners insurance rates, falling by 3.4 percent and almost 1 percent, respectively. Arkansas, Idaho, Maryland, New Hampshire and New York had smaller hikes than most, about 2 percent, says Perr&Knight. The report offered a few other industry pricing details: Renters insurance climbed by 2.6 percent nationwide in 2013, although premiums fell by 1.8 percent in California. Condominium coverage spiked by 2.8 percent across the country, with the biggest jump coming in North Carolina at 18.7 percent. Over the past five years, auto premiums have increased an average of 2 to 4 percent a year. The annual average for homeowners insurance during the period is between 5 and 7 percent; 2 to 4 percent for renters insurance; and 2.5 to 6 percent for condominium protection. Homeowners and auto insurance discounts With coverage costs trending up, it makes good financial sense to get as many discounts as possible. When it comes to your home, start with the more common ones tied to bundling home and car insurance, loyalty rewards and installing smoke detectors and home security systems. Also look into these: Senior – You may get a cost cut if you’re 60 or older. Nationwide, for example, offers a discount of up to 15 percent for seniors.

How Car Insurance is Influencing Voter Registration

Pete Kuhnmuench, Executive Director for the Insurance Institute of Michigan, notes that Michigan drivers are faced with high auto insurance prices due to a number of factors including the high mandated medical benefits required under Michigan law. A 2010 study by the Rand Institute concluded that PIP requirements were the most influential factor in Michigans high premiums. The study found that it costs Michigan insurers 57% more to settle a claim than insurers elsewhere because Michigan residents are more likely to seek reimbursements for a broader range of medical services. In addition to Michigans unique PIP requirements, higher crime rates in urban centers, like Detroit, also lead to higher insurance rates. As Kuhnmuench notes, Urban residents in every state face even higher costs to insure their vehicles due to urban specific factors including higher crimes rates (auto theft and vehicle break-ins), greater vehicle traffic density, higher health care costs and poor road conditions. Considering Detroits insurance requirements and notoriously high crime rates , its no surprise theyre paying the highest insurance rates in the nation. Unfortunately, a few residents excessive medical expenses and criminal activity elevate insurance costs for all residents. However, some locals refuse to struggle with unaffordable coverage. In order to evade high costs, some Detroiters are either purchasing fraudulent insurance or purchasing insurance using a zip code outside of Detroit. In fact, the use of fraudulent insurance certificates has reached an all-time high .

The Most Expensive Auto Insurance Rates in Central Massachusetts

In cities like Holden, where I live, police are seen as much more diligent, potentially leading to fewer accidents because drivers are more aware of their actions. Methodology In determining which cities in Central Massachusetts have the highest insurance premiums, GoLocal used the Auto Insurance Premium Comparison tool from the Massachusetts Office of Consumer Affairs and Business Regulation website to create a defined set of criteria to create a driver profile. All insurance premiums reflect rates effective January 1, 2014. The driver — a single vehicle, single operator, who has been licensed for 14 years owns a 2008 Honda Civic LX. The driver in question is currently licensed in Massachusetts and has not only been with their insurance company for three years, but hasnt had an accident in the past five. The driver commutes to work and drove 15,000 miles in the past year. In terms of coverage, the criteria states that the vehicle operator opts for relatively low levels of coverage, with $20,000/$40,000 for bodily injury, uninsured motorist and underinsured motorist coverage limits, as well as $25,000 worth of coverage for property damage. The driver has also declined both collision and comprehensive coverage. The Results According to the driver profile created above, the highest a vehicle operator would pay for an automobile insurance premium in Worcester would be $997 per year, $282 over Central Massachusetts average insurance premium of about $715. Worcester ranks almost $400 higher than the lowest insurance premiums in the area, Templeton, whose highest insurance premiums are $602. For a place like Worcester, factors like population definitely play a role, said Cheryl Hooper, manager at Protector Insurance Group. The more people you have, the more of a risk for an accident. Higher populations also mean more congested areas, which could lead to more accidents.