Category: Insurance News

Man sentenced to prison for insurance fraud over lies about how his vehicle was damaged

A Woodland Hills man was sentenced Monday to two years in prison for lying to his insurance company about how the damage occurred, prosecutors said. Raymond Merkley, 41, had been charged in connection with filing a fraudulent auto insurance claim, according to a news release from the Ventura County District Attorney's Office. Merkley damaged his vehicle while illegally off-roading in Hungry Valley State Park in... Read Article

These Are the Most and Least Expensive States for Car Insurance

Aside from factors like your age, driving record, and gender, the state you live in also has a significant effect on your insurance rates. Car insurance costs are a substantial expense, and where you live has a substantial effect on rates. The most expensive state for car insurance is Michigan at an average cost of $2,611 annually, according to a study by Insure.com. It's followed... Read Article

Is Your Home Adequately Insured by the Right Company?

Do you know what an "admitted" insurance company is? Some folks hit by the Paradise, Calif., fire learned that lesson and a couple others the hard way. But there was one nightmare none of the residents of Paradise could have imagined, and no matter where you reside in the United States, what they are going through right now — their same fate — could be... Read Article

Insurance Companies Are Monitoring Your Phone to See How Much You Use It While Driving

A disturbing amount of us use our phones to talk, text, or send our awful tweets while behind the wheel, but you might want to think twice before sending that next tweet, and not just for self-preservation purposes. More and more insurance companies are monitoring your cell phone usage when you’re driving. One in five insurance policies in the U.S. now offer discounts if you... Read Article

BBB warning homeowners to be aware of home improvement scams this spring

Renovation season may see financial hits via scams BOISE, Ida. — Spring is in full swing and that means renovation season is here. The Better Business Bureau is warning homeowners who are looking to freshen up their space this season to watch out for potential scammers. In 2018, there were nearly 450 home improvement scams across the United States reported to the BBB Scam Tracker.... Read Article