Car Insurance News

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There are a lot of insurance scams we should be aware of to avoid being a victim. Rear end accident is one of the most common stages scam we often see.This usually occurs when someone is seen dodging in and out of traffic. Because most rear-end cases are found to be the second’s car fault, your insurance will take the hit and pays for fake examinations, and treatments. Exaggeration scam is another situation to be aware of. Initial accident may be staged but it may be a legitimate crash. Sometimes, intentional damage to their vehicle happens before it can be appraised, and there is no way for you or your insurance company to prove otherwise. Be very careful with the helpful scammer telling you when the path is clear to enter traffic like a good Samaritan but not always. They intentionally put you in the path of another vehicle. When the police arrive or the insurance company investigates, the con artist claims that they never waved you in.

There is a heated debate in Georgia today, as Georgia Insurance Commissioner John Oxendine said he is considering the addition of fees on car and other forms of insurance to support trauma care services for car accident victims and others. According to an article in ajc.com, this is because the state is desperately in need of more funding for trauma care services. And Oxendine says it makes sense since most trauma cases are a result of car crashes and work accidents.

Moreover, this fee would not be specific to car insurance, but may also apply to health insurance and worker’s compensation. There is opposition, of course, since insurance industry advocates argue that this would raise the costs and premiums of their products, as well as add new and unfair taxes to the industry. Since such fees are normally passed on to the consumers, it would be a double whammy for responsible citizens who religiously pay their taxes and buy insurance.

If you no longer want a car insurance or you want to avail from another company, don’t just ignore the bills. You will receive another bill for the next premium payment because the company still considers you as a member. But when you don’t pay this time, your account will be cancelled but the bad thing is this: this would go to your credit record and influence the rates of your next insurance payments. This is why you have to call the insurance agent or the company if you would like to cancel your policy. Give details and prove that you have new coverage from a different company.

There are several factors that can affect the premiums that you have to pay.

The type of vehicle you drive – the more complex the car, the more expensive the charge for the repair.

Location – if you live in the wrong area, you insurance premium can suffer.

Car security - having a car alarm and other security devices in your car can lower down the premium.

Your excess – the more you get additional coverage, the lower your premium.