Credit and information management firm TransUnion released end of third-quarter results of its proprietary Auto Insurance Risk Index, noting a slight increase of 0.03 percent after four consecutive quarterly declines. The index now registers 98.85, three basis points higher than Q2 2011; 31 basis points lower than a year ago at this time; and 73 basis points lower than its recessionary peak in Q2 2009.
TransUnion’s Auto Insurance Risk Index was developed as a risk barometer specifically for the auto insurance industry and is designed to illustrate the relative expected insurance loss ratio for market segments throughout the country.
“When looking at the Auto Insurance Risk Index on a state-by-state basis, it appears that the level of auto insurance risk is transitioning toward a period of higher risk,” said Chet Wiermanski, TransUnion’s global chief scientist. ” Read more…
When you need car insurance in California the first question you probably will ask is who are the best California car insurance companies?
There is no easy way to define this as every driver has unique needs. Some need car insurance for young drivers while others want cheap car insurance and some more are looking for collector car insurance. However there are certain measurements you can use to at least find a starting point for your auto insurance comparison search and market share is certainly one of them.
Why is market share important?
Bigger doesn’t necessarily mean better but since car insurance is both a renewable purchase and coverage is fairly similar by most providers it is a good indication of how many customers are happy with a certain auto insurance company. A
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The emotional toll for Americans who lose a friend or loved one in a motor vehicle crash has a steep financial counterpart — an average 6 million per fatal accident, according to auto club AAA.
In a new report comparing the cost to the nation of motor vehicle crashes with that of traffic congestion, AAA analyzed the financial damage of traffic crashes in 99 urban areas. It concluded that the cost of crashes in those cities was more than three times that of congestion: 299.5 billion compared with 97.7 billion. T Read more…
We all remember the miniature spaceships made to look enormous in old movies. When technology advanced enough to make life-size prototypes, we yearned to own the talking or time-traveling cars of our favorite TV shows, movies and books. Well, these dream vehicles are becoming possible. How would you like a battery-powered car? One with the strength of nearly 600 horses? Forged aluminum wheels? Those cool doors that open upward? They can be yours in the world of tomorrow!
2013 Mercedes Benz SLS AMG E Cell
This car features awesome doors that open up and out, fixed to the car all along the top of the door. Read more…
Attention, 2000 Honda Civic owners: Your car is the most popular model in Florida with a select group of automotive enthusiasts: Car thieves.
This may come as a surprise to fans of films like “Gone in 60 Seconds,” where professional crooks exclusively target high-end vehicles like Ferraris and Lamborghinis. Read more…