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NC auto insurance rates to increase 4.5%

N.C. Insurance Commissioner Mike Causey recently announced a settlement with the N.C. Rate Bureau on automobile insurance rates. The settlement is about two-thirds less than the insurance companies had requested.  On Feb. 1 the Rate Bureau requested an overall average statewide increase in of...

What to know about about the new Louisiana military insurance discount

Military personnel will be receiving discounts on their automobile liability insurance premium for 2023-2024, thanks to the Louisiana Department of Insurance (LDI).According to the LDI, all Active-Duty Military servicemembers, Louisiana Air National Guard and Louisiana Army National Guard personnel should receive a discount...

Understanding ‘Solvency Rate’ among car insurance companies

This came up when I was trying to renew my Alto's insurance online. BHPian ravin93 recently shared this with other enthusiasts.Hi,I am about to renew my Alto car insurance online.Generally, I go for Maruti Insurance broking so that I have a choice of Insurance...

Kia, Hyundai owners forced to pay out of pocket for rentals while waiting on repairs

BUFFALO, N.Y. (WIVB) — The surge in Kia and Hyundai thefts is getting worse, and some car owners have to wait months before getting their car back from the collision shop. However, most insurance companies only cover rental cars for the first 30...

What Are the Pros and Cons of Extended Car Warranties? (2023)

Let’s first look at the pros of extended car warranties. Pro: Peace of mind. One of the biggest benefits to having an extended warranty is peace of mind. If a covered part breaks down, you don’t...