Your New Auto Insurance

Last week, the National Insurance Crime Bureau (NICB) released a top-10 list of the most frequently stolen vehicles in the United States.

For 2010, the most frequently stolen vehicles are as follows:

1. 1994 Honda Accord

2. 1995 Honda Civic

3. 1991 Toyota Camry

4. 1999 Chevrolet Pickup

5. 1997 Ford F150 Series

6. 2004 Dodge Ram

7. 2000 Dodge Caravan

8. 1994 Acura Integra

9. 2002 Ford Explorer

10. 1999 Ford Taurus

Older vehicles are stolen primarily for valuable spare parts, according to the NICB.

The report indicates that overall incidents of vehicle theft are down, mainly due to improved anti-theft technology.

Read full article…

There are lots of interesting and valuable points made in this post. However, several assertions raise some secondary questions about the true nature of the statistical comparisons.

First, the link to a description of the unpublished Milliman study (a recent WSJ op ed) actually compared Medicare beneficiaries over age 65 to individuals under 65 with the same health-care needs (not to seniors who are still on private insurance). Perhaps the risk adjustment was so remarkably sophisticated that it made “everything equal” by accounting for all the differences in spending patterns for those two different types of patients, or perhaps thats why the ongoing study is still unpublished.

Second, CBOs most recent analysis of per capita spending in excess of GDP Growth does not rely on the 1975 to 2008 figure displayed. It

Read full article…

Homeowner’s insurance is usually a confusing topic. For this reason, many homeowners do not fully understand the reason why insurers ask for the premiums they generally do, and for that reason, premium charges frequently go unquestioned.

However when you know how insurance companies determine your monthly premium, you are able to work with these factors to reduce your premium and bid farewell to expensive property insurance rates

Where is Your House Located?

If you reside in a location, or belong to a municipality that is notorious due to its criminal elements, it’s going to be no wonder to be stuck with expensive premiums so that you can insure your belongings. Read full article…

Any owner of a well-established small business is going to aware of the basic kinds of liability insurance necessary to small businesses. These include commercial liability, which covers injury to people or property as a result of your business property and equipment; professional liability, which is carried by people who perform services and might get sued for making mistakes; and product liability, which covers injury or harm that results from use of a product sold by the company. There is, however, a forth kind of business liability insurance, and that’s employer liability insurance.

Obviously, employer liability coverage is going to be needed by a company with employees. A Read full article…

A new study shows Americans are increasingly preferring to purchase their life insurance directly from the company either on the Internet, through the mail or over the phone. Two-thirds of Americans still prefer to buy life insurance from an insurance or financial professional, but a growing number like the idea of buying it directly.

Now more than one in four prefer this method. “‘Obviously, the Internet has fundamentally changed consumers’ buying practices over the past 15 years,” said Marvin H. Feldman, CLU, ChFC, RFC, president and CEO of the LIFE Foundation in a news release. “Recogn

Read full article…

Some insurance providers are now offering bedbug insurance, according to the LA Times. Bedbugs are tiny, seven millimeter long insects that invade hotel rooms, apartment buildings and dorms causing expensive problems. They’re very hard to eliminate creating a costly issue. The newspaper reports that most infestations, whether it’s raccoons or rats, aren’t typically covered by insurance policies. But now there is coverage available for bedbugs.

Lawmakers put pressure on insurance companies to offer coverage since some property owners were experiencing large losses in value because of the pesky bugs. Companies now offering the insurance include Aon Risk Solutions of Chicago, Willis North America, and NSM Insurance Group. “You’

Read full article…