California Auto Insurance Fraud Increases

The state of California has seen suspected California auto insurance theft and arson fraud increase over the past year according to The California Department of Auto Insurance which released information on Friday.  This was found in the article “State Sees Rise In Suspicious Auto Insurance Claims” on Sacramento Biz Journal by Kelly Johnson.

The agency recently gathered data that showed criminals may be committing more auto insurance fraud to obtain insurance cash during these tough times.  Insurance Commissioner Steve Poizner stated in a news release that fraud is on the rise.  In 2008, the California Department of Insurance found a 25% increase in suspected car arson fraud cases from the year before.  They also received about 200 more suspected car theft fraud cases in 2008 compared to 2007. 

The department receives regular referrals of suspected cheat from auto insurance companies, law enforcement agencies as well as consumers and each case is researched to determine if it is actually a fraud situation.  Other kinds of auto fraud such as inflated damages, vandalism, and hit and run accidents have remained somewhat constant since 2007 according to the Department. 

This increase in suspected fraud may continue as the recession remains.  Consumers are feeling strapped for cash and desperate and this seems like the only road concerning many.  Of course, any type of fraud will end up costing you much more in the end, including possible jail time.

Insurance Quotes without Personal Information Online

If you’re looking to purchase a new vehicle or insure a car that you already own, browsing around for auto insurance quotes can be a tricky thing. These days, it’s hard to trust websites with your information and that’s why your best bet would be to avoid sites that ask for too much information. What’s too much information? Well, applying for auto protection, you’ll come across legitimate websites that ask you for appropriate info that can allow them to better assess you as a customer. The vehicle insurance company will need to know your name, date of birth, zip code, type of car and a phone number where you can be reached. Other sit

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When Wisconsin’s 2010 budget was signed last June, it also entailed drastic changes in Wisconsin auto insurance regulations.

Starting November 1, minimum liability requirements for Wisconsin motorists are going up. Currently, the formula is set at 25-50-10. That translates to $25,000 worth of coverage for personal injury, $50,000 for accident occurrence, and $10,000 for property damages. Under the new regulations, the formula will be reset to $50,000 for personal injury, $100,000 for occurrence, and $15,000 worth of coverage for property damage.

State legislators say changes are necessary in providing protection for residents who sustain physical injuries and property damages during accidents. L

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Texas Auto Insurance Quotes on the Decline

The average auto insurance rate in Texas has decreased by added than 14% since the beginning of 2009 according to insurancerates.com.  This was found on the press release “Texas Auto Insurance Rates Decline 14.2 Percent in 2009″ on marketwire. 

This is good news for Texans as all Americans are trying to save money.  Texas auto insurance quotes are lower and by shopping around you can find competitive rates.  Some other statistics to keep in mind while shopping around are that men in Texas have an average auto insurance rate which is 7% higher than women according to the press release.  Drivers in Texas who are 19 years old or younger pay an average of 140% higher than drivers over the age of 75. 

The press release also points out that Texas is currently the 18th most expensive state for auto insurance so the decreasing rates are helpful.  Massachusetts auto insurance is the most affordable and Louisiana is the most expensive.  The best lump of matter that you can do to ensure you are getting a good deal on your auto insurance is to shop around and compare rates.  You may be surprised how much money you end up saving.