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Survey finds cost of car ownership is rising
4+ hour, 36+ min ago (238+ words) (InvestigateTV) " Buying a car can be expensive and it's also pricy to own and maintain one. Bankrate looked at all the costs included in owning a vehicle " car insurance, maintenance, repairs, gas and taxes. They found, on average, Americans spend about $6,800 a year just on ownerships costs alone. Shannon Martin, an insurance expert with Bankrate, said that's about $575 dollars a month in addition to a lease or a car loan payment. Martin also said it's critical to research insurance costs before changing vehicles. "It's really important for drivers to get quotes on many different types of vehicles before they settle on a car," Martin shared, "that way they can make sure it fits within their car insurance budget." On average, Martin said, Americans spend around $1,600 a year on gas. "Nationally we spend around $1,400 a year on the cost of maintenance…...
Survey finds cost of car ownership is rising
4+ hour, 36+ min ago (238+ words) (InvestigateTV) " Buying a car can be expensive and it's also pricy to own and maintain one. Bankrate looked at all the costs included in owning a vehicle " car insurance, maintenance, repairs, gas and taxes. They found, on average, Americans spend about $6,800 a year just on ownerships costs alone. Shannon Martin, an insurance expert with Bankrate, said that's about $575 dollars a month in addition to a lease or a car loan payment. Martin also said it's critical to research insurance costs before changing vehicles. "It's really important for drivers to get quotes on many different types of vehicles before they settle on a car," Martin shared, "that way they can make sure it fits within their car insurance budget." On average, Martin said, Americans spend around $1,600 a year on gas. "Nationally we spend around $1,400 a year on the cost of maintenance…...
Survey finds cost of car ownership is rising
4+ hour, 36+ min ago (238+ words) (InvestigateTV) " Buying a car can be expensive and it's also pricy to own and maintain one. Bankrate looked at all the costs included in owning a vehicle " car insurance, maintenance, repairs, gas and taxes. They found, on average, Americans spend about $6,800 a year just on ownerships costs alone. Shannon Martin, an insurance expert with Bankrate, said that's about $575 dollars a month in addition to a lease or a car loan payment. Martin also said it's critical to research insurance costs before changing vehicles. "It's really important for drivers to get quotes on many different types of vehicles before they settle on a car," Martin shared, "that way they can make sure it fits within their car insurance budget." On average, Martin said, Americans spend around $1,600 a year on gas. "Nationally we spend around $1,400 a year on the cost of maintenance…...
Will Alberta still see auto insurance reform?
16+ hour, 6+ min ago (876+ words) A recent UCP resolution proposes repealing Care-first and returning to "at-fault" based insurance Last weekend"s United Conservative Party of Alberta (UCP) annual general meeting heard a resolution to repeal the province"s upcoming auto insurance reform, set to take effect Jan. 1, 2027. The policy resolution was presented at UCP"s annual general meeting in Edmonton at the end of November, receiving about 75% support on the convention floor. It proposes repealing the upcoming care-first legislation and returning to "at-fault" based insurance. "Repealing the no-fault insurance legislation in Alberta and returning to a tort-based system aligns with conservative values by promoting personal responsibility and accountability, ensuring fair compensation based on fault and reducing fraudulent claims," the resolution reads. "This approach encourages safer driving behaviours and ensures that only legitimate claims are compensated." But "Alberta drivers should be quite concerned" by the call…...
Proof of insurance card may not guarantee crash repairs are covered
19+ hour, 53+ min ago (522+ words) OMAHA, Neb. (WOWT) - The icy roads increase the chances of a crash involving another vehicle. For most drivers that means exchanging information. But proof of insurance provided by the other driver may not mean your repairs are covered. Most accidents without injuries require drivers to exchange information, but verifying proof of insurance can be a real pain. "It was not correct, the information was not valid," said Aaron Valdez, a crash victim. While waiting his turn to turn at 72nd and Grover in mid-September, Aaron Valdez got hit by a white pickup, totaling his car. "I had my foot on the brake and he knocked me back about three and a half feet and it was a three-pound truck that hit me," Valdez said. Michelle Blake is a witness. "The gentleman driving the truck was clearly at fault. He did not…...
Experienced drivers risk losing decades of no-claims discount due to industry practices
21+ hour, 21+ min ago (330+ words) Experienced drivers are at risk of losing valuable years of no-claims discount (NCD) through no fault of their own, due to a growing practice across the insurance industry that artificially limits the information provided in renewal documents. In simple terms, insurers award a percentage discount based on years of claim-free driving, but those are two distinct measures. The discount may stop increasing after a certain point, but the number of claim-free years shouldn't. To understand how widespread this issue is, we contacted a range of insurers to ask how they document long-standing NCD. Their responses, as well as publicly available information, reveal a patchwork of practices: The Financial Ombudsman Service (FOS) has published clear guidance on the matter, stating: "If a customer has a higher no-claims bonus than you'll accept, we'd still expect you to provide proof of the amount…...
Car Insurance Companies That Don’t Factor in Your Credit Score — And Can Save You Big Money
22+ hour, 58+ min ago (745+ words) Your credit score can impact your car insurance rate. According to a recent Zebra analysis, people whose credit score is below 580 (poor credit) pay $2,729 annually in car insurance. Those with an 800-plus score (excellent credit) pay closer to $1,308. That's a 48% difference. Check Out: I Bought a Hybrid Car " Here's How Much I Save on Gas Every Month If you don't have credit, or if your score needs work, you still have options. Certain states (including California, Michigan and Massachusetts) either prohibit or heavily restrict the use of credit info in the auto insurance decision-making process. If you need car insurance that doesn't factor in your credit, here are a few options. Available only in Texas, Dillo Insurance doesn't check your credit. You could even get an insurance policy if you have a spotty driving record or have had lapses in…...
How Online Insurance Portals Simplify Buying And Managing Vehicle Policies
1+ day, 2+ hour ago (635+ words) Online insurance is reshaping the way people buy and manage their vehicle policies, offering unmatched speed, transparency, and convenience. Instead of dealing with agents and paperwork, users can compare plans, access digital tools, and complete the entire process from their smartphones. With smarter platforms and secure technology, managing insurance has never been simpler or more efficient. Ready to discover how online insurance is transforming your experience? Keep reading to learn more. How Online Portals Simplify Vehicle Insurance Policy Management Approximately 40% of people buy insurance through online aggregators, which is a faster, more transparent option. Here is how online portals are simplifying policy management: " Easy Renewals with Automated Reminders One of the most significant advantages of online portals is the convenience they bring to policy renewal. Users receive timely reminders before their vehicle insurance expires, preventing accidental lapses in coverage. Therefore,…...
Auto Insurance Rates Are Climbing - See If You Are Overpaying in Minutes | The Gateway Pundit | by Promoted Post
1+ day, 7+ hour ago (220+ words) [Surprised woman in a car looking at a document, conveying shock or disbelief in a modern vehicle interior.][Surprised woman in a car looking at a document, conveying shock or disbelief in a modern vehicle interior.] (Note: Thank you for supporting businesses like those presenting a sponsored message below and ordering through the links below, which benefits Gateway Pundit. The post Auto Insurance Rates Are Climbing " See If You Are Overpaying in Minutes appeared first on The Gateway Pundit. Auto insurance costs have been climbing steadily, and too many drivers just accept the rate hikes without question. But why pay more than you have to? Whether your provider quietly raised your premiums or you've been on the same plan for years, there's a good chance you could be saving big by taking a fresh look at your options. That's where…...
Does Home Insurance Cover Snow Damage On Your Roof? Here's What We Know
1+ day, 14+ hour ago (286+ words) Charlotte has been a working journalist in Canada, the U.S., and France for over five years. She's written for newspapers and produced videos for national broadcasters. Does Home Insurance Cover Snow Damage On Your Roof? Here's What We Know Waking up to a blanket of snow on your lawn is like a magical dream. However, that dream can quickly become a nightmare if your roof collapses under the weight of that snow. While it may look gentle and delicate, a heavy snowfall can overload your roof. And we aren't talking about a massive blizzard. Even four feet of snow can be heavy enough to cause significant damage; less if it's compacted and dense. A collapse is not the only kind of damage your roof can suffer. As the snow melts, it can leak into the structure, causing severe damage to your…...