Geico aims to steer auto-insurance bills into ditch
Posted: June 19, 2019
Greg Kalinsky, executive vice president and chief information officer of Government Employees Insurance Corp. (GEICO), during the International Business Machines Corp. (IBM) Think Conference in San Francisco, California. Geico is telling New York customers they can save money on their car insurance by lobbying politicians to oppose a pair of bills pending in Albany. Caught in the legislative traffic jam of the state legislative...
Man sentenced to prison for insurance fraud over lies about how his vehicle was damaged
Posted: June 5, 2019
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...
These Are the Most and Least Expensive States for Car Insurance
Posted: May 13, 2019
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...
Is Your Home Adequately Insured by the Right Company?
Posted: May 10, 2019
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...
Insurance Companies Are Monitoring Your Phone to See How Much You Use It While Driving
Posted: May 1, 2019
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...
