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You buy car insurance so that you’re protected financially in the event of a car crash. But an unfair side effect of allowing credit scores to be used to set premium prices is that it effectively forces customers to dig deeper into their pockets to pay for accidents that haven’t happened and may never happen.
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Low-income drivers are routinely charged higher auto insurance premiums than well-heeled car owners. But why should the poor pay a premium when it comes to premiums? Is the system inherently unfair? O.
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Every car belongs to a car insurance group, which effectively bands cars from the cheapest to most expensive to insure. Insurers will use the Group Rating System, or their own groupings, in their calculation of premiums.
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In a move to provide affordable auto insurance, state Sen. Martha Escutia (D-Montebello) and consumer advocates announced Friday a trial low-cost insurance program for the working poor of Los Angeles.
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. Nitzsche discovered his parked rental car had been hit by another car, causing $791 in damage. To keep costs low, he had rejected the “collision damage waiver” (CDW) insurance offered by the renta.
Health, home, and car insurance companies are all beginning to offer programs that give lower premiums to customers who share their own data. If health tracking, home monitoring, or GPS driving analys.
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Opposition emerges to bill offering low-cost auto insurance to poor (5-6-11) Bill for lower cost auto insurance suffers setback (4-25-11) CARSON CITY – A bill to offer low-cost auto insurance to low-i.
CARSON CITY — A bill to create a budget auto insurance program for low-income drivers in Clark County has found new life. The bill was defeated Monday in the Assembly, but it was resurrected Tuesday a.
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