It is estimated that at six teens will be killed per day in a car accident this summer; fortunately, Illinois is ranked as the third best state for teen driving.
According to AAA, the largest share of travelers – approximately 32 percent – will depart on Wednesday, July 2 for the Fourth of July weekend.
Losses included roof collapse, downed tree limbs and power lines, burst pipes and freezing. Auto accidents were also included in the claims that averaged over 175,000.
Not only can you be struck by falling ice but your car or vehicle can be damaged as well. Streets around the city of New York were recently closed due to shearing ice and in Chicago, signs throughout the downtown are are now warning pedestrians of falling ice.
First, having a camera mounted in the car puts new drivers on notice that they are being monitored, encouraging safer operating habits. Additionally, the cameras can provide evidence for parents of teens who persist in driving recklessly, allowing them to levy punishments or teach lessons about safety behind the wheel.
Unreported life changes and little white lies have a big financial impact in the auto insurance industry – and in the end the everyday consumer.
Rate evasion, the term used to describe the inaccuracies on auto insurance policies – whether intentional or accidental – that result in lower than they should be premiums for the policyholder costs the insurance industry $16 billion a year, according to Bob U’Ren, senior vice president of San Francisco-based Quality Planning.
“They have an impact certainly,” U’Ren said.
A child heading off to college is an extremely rewarding experience. A young adult is going out into the world to take those bold steps to build an independent life. For parents, it’s marked by feelings of pride in their children as well as anxiety for them.
There was a time when most of the potential hazards we all faced were considered routine and covered by a standard life insurance policy. All that changed on September 11, 2001.
Purchasing car insurance can be tricky, especially when it comes to understanding what a policy covers and the amount of coverage needed to best fit your needs. If you neglect to buy it, your finances could be jeopardized – especially if you’re involved in a costly car accident. Plus, in most states, it is illegal to drive without it.
It’s no secret that many insurance fraud schemes involve murder, illicit activities, and mountains of debt. And of course, many involve idiots. Yes, people have been known to attempt the dumbest feats to get a quick payout, oftentimes getting caught in the process and facing probation, hefty fines, and time in the slammer.