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A team at Classic Car Insurance has investigated the reason behind these increases and has released a report to explain why premiums are about to soar once more after a short dip to provide relief to vintage vehicle owners.

News from CheapCarInsurance.net about Accident Fault and Good-Driver Discount … – PR Web (press release)

(PRWEB) May 11, 2012 At the end of 2011, the California State Office of Administrative Law approved major changes to auto insurance regulations relating to determining fault in motor vehicle accidents and eligibility for good-driver discounts. Under the new rules, automobile insurance providers may no longer make at-fault determinations solely based on incomplete Department of Motor Vehicles (DMV) reports, but have been given access to more reliable sources that enable insurers to offer timely and accurate quotes to drivers, including the Insurance Services Office (ISO) and Comprehensive Loss Underwriting Exchange (CLUE) databases. Drivers are now considered to be principally at fault if their acts or omissions were a major factor in the collision and they are deemed to be at least 51% responsible

OAI: Report Highlights Politics’ Role in Changing Auto Insurance Industry – Exec Digital (press release)

Source: Online Auto Insurance Las Vegas, NV, May 10, 2012 –(PR.com)– A recent report from research firm Celent outlines the questions and reactions insurers would have after improving automotive technologies produce a likely drop in the number of crashes, emphasizing the political connections that companies should foster as the industry rapidly changes, according to Online Auto Insurance.The best rated car insurance providers often write the biggest dollar amount in premiums but may have an especially complex time adapting to a scenario in which revenue drops significantly over the next decade, according to Donald Light, a senior analyst at Celent and author of the report, titled “A Scenario: The End of Auto Insurance, What Happens When There are (Almost) No Accidents.”“In the long term, insurers with a significant amount of auto business have to grapple with some very challenging enterprise strategy issues,” Light said in a statement.The report focused on four technologies—telematics, collision avoidance, automated traffic law enforcement and autonomous driving—that it says could lead to a significantly lower number of crashes.That trend may already be taking hold, with the National Highway Traffic Safety Administration projecting that the number of traffic fatalities in 2011 will hit its lowest point in more than six decades.

OAI: Report Highlights Politics’ Role in Changing Auto Insurance Industry – PR.com (press release)

New strategies, more political relationships needed as technology changes the marketplace, report says.Las Vegas, NV, May 10, 2012 –(PR.com)– A recent report from research firm Celent outlines the questions and reactions insurers would have after improving automotive technologies produce a likely drop in the number of crashes, emphasizing the political connections that companies should foster as the industry rapidly changes, according to Online Auto Insurance.The best rated car insurance providers often write the biggest dollar amount in premiums but may have an especially complex time adapting to a scenario in which revenue drops significantly over the next decade, according to Donald Light, a senior analyst at Celent and author of the report, titled “A Scenario: The End of Auto Insurance, What Happens When There are (Almost) No Accidents.”“In the long term, insurers with a significant amount of auto business have to grapple with some very challenging enterprise strategy issues,” Light said in a statement.The report focused on four technologies—telematics, collision avoidance, automated traffic law enforcement and autonomous driving—that it says could lead to a significantly lower number of crashes.That trend may already be taking hold, with the National Highway Traffic Safety Administration projecting that the number of traffic fatalities in 2011 will hit its lowest point in more than six decades.

Confused.com revolutionises car insurance by launching Quick – The FINANCIAL

The FINANCIAL — Quote mobile serviceConfused.com the leading price comparison site is revolutionising the car-insurance price-comparison quote process by launching a new mobile phone service called QuickQuote. According to WebWire, this simple mobile quote service is available for UK based customers and cannot be found on any other price comparison site. Customers of Confused.com can get a motor car insurance quote and save money just by simply having a mobile phone.Confused.com have worked with Process Flows a well-established SMS vendor to create the first mobile phone service that changes the way a car insurance quote can be returned.

The Road to Auto Insurance Is Not All Potholes and Speed Bumps, Assures … – MarketWatch (press release)

BUFFALO, N.Y., May 2, 2012 /PRNewswire via COMTEX/ — Securing an auto insurance quote should not be as daunting as it often seems to be, asserts Roshawn Hall, an insurance agent licensed in New York and seven other states. With years of experience in both insurance claims and sales, Hall has set out to demystify the auto insurance quote process and put consumers back in the driver’s seat. “Consumers are suspicious of the insurance quote process.

What is the best car for a male teenager? – Fox Business

You’re in luck; we’ve compiled a list of our top vehicle picks for teen drivers. (See “The best cars for teen drivers”)We assembled our list by looking at safety information from Insurance Institute for Highway Safety, information on pricing from Edmunds.com, reliability data from TrueDelta, and the ever-so-important fuel economy from Fuelly.Finally, we looked at the cost of insurance. The auto insurance rates shown on our list of cars will differ from yours, since your personal information like location, miles driven per year, etc. are rating factors that change premiums

Cost of Owning and Operating Vehicle in US Increased 1.9 Percent According to … – MarketWatch (press release)

ORLANDO, Fla., April 27, 2012 /PRNewswire via COMTEX/ — Increases in gas and tires drive up average costs for sedans to $8,946 yearly, 59.6 cents per mile; SUV costs up to $11,360 yearly, 75.7 cents per mile AAA released the results of its annual ‘Your Driving Costs’ study today revealing a 1.9 percent rise in the yearly costs to own and operate a sedan in the U.S.

Automobile.com Introduces Car Insurance Quotes for Every Make and Model – PR Newswire (press release)

LOS ANGELES, April 24, 2012 /PRNewswire-iReach/ — Automobile.com now offers drivers the ability to compare car insurance quotes for every available make and model. Additionally, the company will be continuously updating auto insurance rate information and data to ensure users are aware of the latest industry trends and can make informed decisions when it comes to selecting coverage.

OAI: Hybrid Owners Can Offset Car Insurance Prices with Discounts – PR.com (press release)

A California premium analysis shows higher average prices for hybrid owners, but discounts are also available to them.Los Angeles, CA, April 21, 2012 –(PR.com)– A new FAQ from quote-provider OnlineAutoInsurance.com is pointing out that hybrid and electric car owners may see higher coverage costs than their gas-only counterparts, but the company notes that a handful of insurance companies will offer discounts to hybrid owners, which may help offset these increased costs.According to the site, consumers who run an auto insurance quotes comparison of prices for gasoline-only and hybrid versions of the same car will generally see higher rates for the hybrid version.A premium analysis run by the site for a 2011 Highlander driven by a 30-year-old male in Southern California showed that, among eight companies, insurance was always cheaper for the gas-only car.

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