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Who Are Worse Drivers Women or Men?

Who Are Worse Drivers Women or Men?

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It's an age old debate, who are better drivers men or women? Since traditionally "cars" are seen as a "guy thing" many people believe that men are the superior sex when it comes to driving. However, contrary to popular belief, women drivers actually pay cheaper car insurance premiums. Does this mean that women are in fact not only the better smelling sex, but also better drivers? Why do women drivers pay cheaper car insurance? Insurance companies have discovered that women tend to get into less severe accidents than males. "Less severe" accidents means that the the insurance company pays out a lower amount per claim. As a result, insurance companies charge women drivers less than they would male drivers as they can pass the savings on to them. What about…
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Car Insurance in California Just Got Cheaper Dude

Car Insurance in California Just Got Cheaper Dude

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Do you make under $28,000? No I'm not judging you. Do you have a clean driving record? That means no tickets in the last 3 years? No I'm not judging you I swear. Than you could be eligible for California's Low Cost Auto Insurance Program. The program which has been in effect since 1999, gives eligible drivers a massive discount on car insurance. In fact, it only will cost you $350 PER YEAR. Not only that but in an effort to get the estimated 15% of uninsured drivers in California coverage, the government has reduced the costs to $287 and yes that's per year! California states the reason they were able to reduce the price is that they have received a reduced number of claims over the year and are…
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Do Red or Black Cars Cost More to Insure?

Do Red or Black Cars Cost More to Insure?

Auto Insurance Questions
One of the biggest urban myths about car insurance is that your premiums go up (or down) based on the color of the car you have. Many car buyers have turned away from buying red cars or black cars, because they believed that it would increase their car insurance. Well today is the day we put that myth to an end. The fact is insurance companies cannot rate you based on the color of your car. While studies have shown their is a correlation between red cars and people who drive fast, it isn't necessarily a cause. Remember that saying, "Don't confuse correlation with causation". Well, actuaries, the people that do the statistical analysis for insurance company, don't. And that's a good thing for people that own red cars!
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Would You Want Graffiti on Your Car?

Would You Want Graffiti on Your Car?

Auto Insurance Questions
What if I told you people are paying to have graffiti on their car? Still don't believe it? Check out this 1999 Ford Mustang that was customized by artist Chris Dunlop. And yes the owner paid him to do this to his car. And what did Dunlop use to create this masterpiece? Synthetic bristle paint brushes? No. A fine pen? No. A robot? No. A black sharpie? Yes. That's right he just used a black sharpie marker to create these intricate designs. How does the marker stay? After he's completed the design which can take days. He finishes the design of with a clear coat which keeps protected for a few years. Here's Chris Dunlop at work.
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Is it Better to Get Insurance Through a Broker or an Insurance Company?

Is it Better to Get Insurance Through a Broker or an Insurance Company?

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There are two ways to get insurance either through a broker or through an insurance company. Simply put, a broker is a third party, similar to a real estate agent that will help place you with an insurance company. The broker themselves will not be the one insuring your vehicle or home, but will simply act as the liaison as well as customer service provider for your policy. Read more about the functions of a broker: What is a Car Insurance Broker? Good Broker From the consumer's point of view, you can either buy your insurance through a broker or straight from the insurance company. The advantage of going with an insurance broker is that they have computer systems as well as working relationships with a number of insurance companies…
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Do I have to report a speeding ticket to my insurance company?

Auto Insurance Questions
So you we're driving too fast and the police have written you up. You either decided to fight it in court or not and will accept the fine. After paying your ticket (which I like to see as charitable contribution to the state), you suddenly realize "Oh my god will my insurance company jack up my rates?". You also wonder if you should inform your insurance company about the speeding ticket. To answer this we have to see if you fall under two scenarios. Scenario #1 You already have car insurance and you've been convicted of speeding. In this case you do not have to tell your insurance company about the ticket. Why? Because they will find out on their own. How you may ask? Every year or two, insurers…
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Imagine Apple Made Cars?

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Apple is a game changing company (ring, ring). They are responsible for most of the innovative products that have ushered in the recent consumer tech boom (Code red: Apple Fan Boy alert). Just think about how much the iPod changed how we listen to music? How much iTunes changed the music industry? How much the iPhone changed mobile phones? And how much the iPad has changed computers? There is even talk of Apple getting into making televisions with the iTV or Apple TV. Apple likes going into industries that have become too complacent (I think that means lazy) and that are ripe for disruption. Other than the tobacco industry (imagine the iCigar) the automotive industry is probably the least eager to change, unless it's to change back to the "good…
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10 Insane Ways to Get Cheaper Insurance

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Want to get cheaper car insurance? Here are some insane tips that will help you lower your auto insurance and put more money into your wallet (or purse). #1 Get Married If you are a male under 25 years of age you can get a much lower rate (as much as 30 to 40% off) by stating you are married on your auto insurance application. However if you are not married, don't lie for the discount. Depending on the insurance company, you may have to show proof such as a marriage certificate or provide evidence that your common-law partner lives with you. Keep in mind, your partner may not have the greatest driving record which could increase your premium -thereby negating the discount. [caption id="attachment_1339" align="aligncenter" width="290" caption="This wedding cost…
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How Come My Insurance Went Up After No-Fault Accident?

Auto Insurance Questions
You're involved in an accident and are told by your claims adjuster that you are not at-fault and you jump up and down singing "Glory Hallelujah" that is until you receive your annual renewal and notice your insurance went up. You feel your neck tighten, your blood pressure increase, you're rearing to yell at somebody, maybe even hurt someone. However you need to relax, take a deep breath, maybe even take a chill pill because you are likely attributing this rate increase to your not at-fault accident. I'm here to tell you, depending on which state you live in, this is likely not the case. Your car insurance went up for a totally different reason and here's why. A Pool of Risk The more likely reason your car insurance went…
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The Future: Car Insurance 100 Years From Now

The Future: Car Insurance 100 Years From Now

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After reading the BBC's 100 Years From Now article, I started to think about what would the car insurance industry look like 100 years from now. I eventually asked myself the most damning question of all "Would we even have car insurance?" And the answer is not likely. Driver-less Cars Why? Well Google in particular is leading the charge on driver-less technology which as the name implies, allows vehicles to drive by themselves. In fact, Google claims the driverless cars they have been using have driven over 1,000 miles with a goal of reaching 1 million miles. Ironically, the only accident that did occur was when a Google car was being manually driven. Let's fast forward to the year 2012, think about how good this technology will be? It will…
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