A rise in auto accidents surprised car insurers in the first half of 2015, which will translate to higher premiums for drivers. Industry executives say a 14% surge in fatal accidents tracked by the National Safety Council was due to a combination of factors, but insiders say the most prominent cause is cell phone usage. The upsurge…
What Is Your Car Insurance Actually Insuring? Although you’re buying a single insurance policy covering a specific vehicle, a number of components make up the final cost: Bodily injury liability: Covers injury and death claims against you, and legal costs, if your car injures or kills someone. Property damage liability: Covers claims for property…
Although it might seem unfair to charge higher rates based on age, it’s actually a matter of statistics. Because teens are young and don’t have much driving experience, they are among the highest risk groups for traffic infractions and car accidents. However, there are plenty of ways you can save money on car insurance for teens. We’ve…
