Members of the Rhode Island House of Representatives have submitted a pair of bills this session that would bar insurance companies from taking into account a consumers education level, homeowner status and credit history when determining how much to charge for a policy.
House Bill 7411 would enact the credit-history ban, while House Bill 7193 would take care of education level and homeowner status.
All of the representatives who introduced and co-introduced the bills are Democrats.
Rhode Island is only one of many states where legislators have pushed to ban insurers use of credit scoring in recent years, but practically every one of those pushes has failed.
Read more…
The exact cost of motorcycle insurance will depend on your unique profile but insuring a motorcycle certainly is a lot less than almost any car or truck. Most drivers pay anywhere from $500 to $1500 annually for motorcycle insurance.
All states require mandatory motorcycle insurance and if you are caught riding without proper insurance, you may face hefty fines and/or loss of your driving privileges remember, it is a privilege to operate a vehicle, not a right! Your bike can also be impounded and if you are involved in an accident you might be personally responsible for damages and medical payments.
Read more…
Soaring amounts of car insurance premium has forced many people to drive uninsured cars. However, dodging the authorities will now be a difficult task. As per the new laws, driving and owning uninsured cars will be a criminal offence and strictest of punishments being handed out. There are ways one can cut down on the insurance amount and following the same can reap early benefits. Some are listed below:
The general observation states that the insurance companies think differently when it comes to high end cars. They do not fascinate the same way you do about such cars. And it is not uncommon for them to charge higher while insuring such cars.
Read more…
Turns out driving habits and modifications aren’t the only factors knocking up car insurance premiums. A poll by Confused.com has found that insufficient tyre maintenance is another headache to be added on your things-to-do list for a successful premium.
The study claims that bald or defective tyres could set you back by as much as 10,000 pounds and a denial of your car insurance claim. Adding to the sorry figures, you could also be hit with three penalty points, which will only keep adding up every time you are caught.
Starting with a fine of 2500 pounds and three penalty points, the fines will simply keep mounting, reaching apoplectic sums of 10000 pounds.
However, the deplorable truth, as revealed by the survey, is that almost 60% of UK drivers stay nonplussed about the correct tyre depth, 1.6 mm. I
Read more…
INSPRO Insurance goes back to the mid 1930s. The strength of our firm comes from the merging of many strong insurance organizations and their professional staff members. The following is a list of insurance agencies which we have evolved.
Our clients are the reason our company exists. We understand that business is placed where the opportunity has been earned and stays when the service is delivered. We are customer focused.
Our people make the difference. We insist on competence, creativity, and a problem- solving attitude. We respect our staff as the valuable partners they are.
Our teamwork produces results. Employee involvement and participation provides opportunities for long-term growth and development. By working together, we reach the goals that will reward our clients, our insurance companies, and our staff.
Our communities deserve our commitment and support. Our people will be responsible, concerned participants in the communities we serve.
Contact Inspro Insurance for all your Insurance needs!