NFU Mutual revealed as the best car insurance company

NFU Mutual revealed as the best car insurance company

INSURANCE
NFU Mutual has been named as the best car insurance provider for the fifth consecutive year in the 2022 Honest John Satisfaction Index.The Satisfaction Index is a measure of the quality of experience of real car insurance customers around the UK, taking into account factors such as value and customer service.Dan Powell, senior editor at HonestJohn.co.uksaid: "NFU Mutual has been crowned the best car insurance provider in the UK for the fifth year running. It is an incredible result for a company that clearly puts the needs of its customers first."Six thousand drivers took part in the latest Honest John Satisfaction Index, and participants were unanimous with their praise for NFU Mutual with the company taking the number one spot with an average satisfaction score of 9.27 out of 10."At…
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Stretch Your Dollar: Saving on car insurance

Stretch Your Dollar: Saving on car insurance

INSURANCE
Conn. (WTNH) — It's Car Insurance Day, and with the cost of everything going up, we're Stretching Your Dollar with the best moves you can make this month to ensure you're paying the best rate. It's February and the winter months may have you checking your home and vehicle to ensure they're prepared for colder temperatures. While you're looking for ways to save, experts say not to overlook your car insurance — an expense that can be easy to forget about is just as easy to get lowered. MSN has four auto insurance moves you can make to ensure you're paying the best price. The first is to shop around for a better rate. Doing a little research can lead to lower premium rates, so it may be well worth…
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California Minimum Car Insurance Requirements You Need to Know About

California Minimum Car Insurance Requirements You Need to Know About

INSURANCE
California requires drivers to carry insurance to cover the costs of damages and injuries to others in a car accident. The state requires drivers to carry a minimum of $15,000 of bodily injury liability insurance per person, $30,000 of bodily injury liability insurance per accident, and $5,000 of property damage liability insurance. This coverage is known as 15/30/5 coverage.These minimums are far from enough coverage in many cases, though. In addition to liability coverage, drivers may want to consider adding extra coverage such as uninsured/underinsured motorist coverage, which helps pay for damages and injuries caused by uninsured or underinsured drivers.Let's dive into the other California auto insurance requirements and look at the penalties drivers might meet if they don't carry the right insurance.See how much you could save on auto…
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Car insurance premiums in WA to creep up, commissioner warns

Car insurance premiums in WA to creep up, commissioner warns

INSURANCE
By Seattle Times staff reporter Car insurance premiums are set to increase this year, though Washington drivers will be spared the brunt of it, according to the Washington Office of the Insurance Commissioner. After years of little or no increases, car insurance premiums rose a whopping 8.4% nationwide in 2022. In Washington, that increase was closer to 2%, according to a report by LendingTree's Value Penguin.The report is forecasting that the average annual cost for car insurance in 2023 will be $1,536 in Washington, which is around 14% lower than the national forecast. Washington ranks 34th in the US for car insurance premiums. Insurance for new electric vehicles will be 28% higher across the country and in Washington, and drivers with traffic violations will see a 56% increase on average…
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Price is the top reason why consumers want to drop auto insurance providers

Price is the top reason why consumers want to drop auto insurance providers

INSURANCE
Many Americans who were thinking of dropping their auto insurance coverage said they were motivated by price. (iStock) The majority of Americans who were considering dropping their auto insurance providers cited prices as the main motivator, according to a survey by data company AnalyticsIQ. Fifty percent of respondents who were thinking about dropping their auto insurers reported that their policies were too expensive and 37% said they would switch carriers if they found a better deal. Almost all respondents said they had each of the major policy coverage types including liability, collision, medical payments, personal injury and comprehensive, as well as uninsured and underinsured, the survey said. Among respondents who did not have this particular type of coverage, 37% said they opted out of coverage because it was too expensive.…
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Whose Insurance Do You Call?

Whose Insurance Do You Call?

INSURANCE
If someone hits your car, call your insurance company. Any other parties involved should call their insurance companies as well. And as long as you've all exchanged information, the insurance companies can sort out who covers what.In the case of determining who is at fault for an accident, a police report can come in handy. This is why it's important to document everything you can and collect a report about the accident to give to your insurance company.Let's explore more about whose insurance to call if someone hits your car, including the steps to take after an accident and what expenses different types of car insurance typically cover.See how much you could save on auto insuranceWhat to do if someone hits your carAlthough it's an important step, calling your insurance…
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Car insurance premiums are on the rise

Car insurance premiums are on the rise

INSURANCE
Some Ontario insurers have received approval for the rate hikes as high as 15 per cent THUNDER BAY — Many drivers can expect to experience sticker shock when their car insurance policies come up for renewal this year. In Ontario, the Financial Services Regulatory Authority has already approved insurance companies' applications for rate increases as high as 11 to 15 per cent, while others have been granted smaller hikes. "Insurance rates are going to go up in the near term, because we've already seen rate approvals at FSRA come in. An insurer operating in Ontario has to apply to FSRA if they want to raise rates. It will look at the application and say 'Yes, that makes sense based on your numbers. Your costs have gone up,' " explained John…
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Car insurance rate hikes are here in Washington state

Car insurance rate hikes are here in Washington state

INSURANCE
Bad news for most drivers – car insurance premiums are going up, and it doesn't matter if you have a clean driving record. That means some people will be in for a bit of sticker shock. People who've renewed for the year are already reporting rate hikes from $12 to $18 per month. Follow this link to read additional stories from KIRO Mariano Harris, a Renton driver, said his rates are increasing by about $200 this year. “Mine is ridiculous,” Harris said. “It's terrible. Especially when you don't get that much on your job.” Combined with inflation and other rising costs, Harris said he's had to come out of retirement and go back to work. “My friend's insurance just did just the other day, and she's like, 'Why did my…
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The North Carolina Rate Bureau wants a 28% increase in auto insurance

The North Carolina Rate Bureau wants a 28% increase in auto insurance

INSURANCE
RALEIGH, NC (WTVD) -- Tired of paying soaring prices for groceries and gas? If the North Carolina Rate Bureau gets its way, you can add car insurance to the growing list of skyrocketing expenses.The Rate Bureau filed a request to increase the cost of auto policies by 28.4%, Insurance Commissioner Mike Causey announced Thursday.If the rate hike is approved, it will go into effect Oct. 1.The NC Rate Bureau represents auto insurance companies in the state. By law, the bureau must submit auto rate filings with the NC Department of Insurance every year by Feb. 1.ALSO SEE: 'Want to save on your car and home insurance? How one call could save you hundredsA release from the DOI did not specify why the auto insurance sector requested such a substantial hike.Car…
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Stolen vehicles have multiple impacts, including car insurance rates

Stolen vehicles have multiple impacts, including car insurance rates

INSURANCE
BUFFALO, NY (WKBW) — Faye Roberts Kia vehicle was stolen from her home in Keisertown in January. Now the car is in the shop, and Roberts is driving a rental car covered by insurance. The only issue is - she will be losing that car soon in a couple of days. "It's just sitting there. The insurance company hasn't really done much. They sent an appraiser in who said they're only going to cover 2,000 of the $7,000 in damages," Roberts said. "It's been really hard. I've been struggling a lot and it's just been me and my 7-year-old."Not only does Roberts need her car to drive her son to school, but she also needs it to get to her essential doctor's appointments. "I just had open heart surgery in…
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