Color of Car Doesn’t Affect Insurance Rate

What color is your car? Many people think that the answer to this question matters to their auto insurance companies. It is a commonly held belief that people who drive cars that are white, or beige, or a neutral color, pay less on their car insurance premiums than people who drive red cars. This is simply not true. There are many people who say that you shouldn’t purchase a car that is red because it will cause your auto insurance company to raise the rate of your premiums. This is, quite possibly, the biggest myth about car insurance. It goes … Continue reading

Can You Insure a Self-Driving Car?

It is common knowledge that it will be easier, and less expensive, to get auto insurance coverage for a minivan that it will be on a flashy, fast, sports car. What about self-driving cars? Google has created an autonomous car. How will auto insurance companies handle the coverage for this specialized type of vehicle? No one wants to have to pay a lot for auto insurance. Most states require drivers to buy car insurance, which means that you cannot simply decide not to pay for this particular expense. Drivers of minivans often pay less for auto insurance than do drivers … Continue reading

Insurance Blog Week in Review – Week of February 12 – 18, 2012

In a given week, there can be anywhere from twelve to fourteen different blogs appearing here. The Insurance Blog Week in Review brings you a quick and easy way to “ketchup” on the news that you may have missed. Clinic Will Charge Unhealthy Workers Higher Insurance Rates The Cleveland Clinic is going to charge employees that are considered to be unhealthy a 21% higher health insurance premium. To avoid the increase, the worker has to see a doctor and follow the health plan the doctor prescribes. The Insurance Podcast Roundup for the week went up on February 13, 2012. Each … Continue reading

Drivers of Minivans Pay Less for Auto Insurance

When you first learned to drive, you may have envisioned your future self driving an expensive sports car. Instead, many families find that a minivan suits their needs much better than any sports car could. Don’t be disappointed! Drivers of minivans pay less money for auto insurance. Every year, Insure.com releases a ranking of vehicles. The vehicles are ranked based on how much it would cost for a driver of this type of car to insure it. Consumers can use the list to get a good idea about how much car insurance will cost for drivers of different kinds of … Continue reading