Category: Insurance News

How to pick a car that’s cheaper to insure

In our money mailbag this week, a viewer asks: “I’m in the market for a new car, but hoping to keep monthly payments as low as possible. What type of cars are the cheapest to insure?” It’s no secret that car costs are climbing. In fact, the national average yearly premium for insurance went up by just over 10% in the past year – from... Read Article

Corey Johnson targets Scaffold Law in plan to fix MTA

Council Speaker Corey Johnson has targeted a sacred cow in his plan to reform the MTA: New York’s much-maligned Scaffold Law, which critics say boosts insurance costs for transit projects and on other construction in New York State by hundreds of millions of dollars. The Scaffold Law assigns 100 percent liability on owners and contractors for workplace injuries — without considering whether the worker is... Read Article

Sliding on Ice and Car Insurance Claims

Sliding on ice is often a scary and frustrating situation. Many drivers feel they are driving cautiously for the road conditions but still cannot maintain control of their vehicle. Sliding on ice can cause a lot of damage. Damage can occur in many different forms. Bodily Injury Damage to Your Car Damage to Another Car Damage to Property After a sliding on ice accident, ​many... Read Article

Brooklyn car insurance rates among the highest in the nation

With new studies revealing that car insurance rates are at an all-time high in the U.S., Brooklynites have extra reason to complain — their rates are the highest in New York state, where auto insurance rates have gone up, over the last year, 62.7 percent more than the national average. New York rates have risen 7.9 percent in the last year, according to the newly... Read Article

What’s the Average Cost of Car Insurance in 2019?

Auto insurance comes in different models and flavors. Once you know the tactics that keep costs down, you can start cutting your car insurance bill. Pegging the average cost of car insurance isn't an easy task - not when prices vary from state to state. But there are figures available to at least provide some commonality on auto insurance costs. A new study from Value... Read Article