A research firm is predicting the death of auto insurance due to new and emerging technologies in the auto industry. Those technologies specifically include collision avoidance technology, telematics, automated traffic enforcement, and self-driving cars. Google has been experimenting with the latter technology for at least a couple of years now and has even gone so [...]
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Auto insurance has had a rapid evolution since the first conception of liability coverage. Insurance is defined as the equitable transfer of liability or risk of loss from one entity to another. The insurer is willing to take the risk of the cost of potential damage for a fee. As far as the risk of liability [...]
Car insurance is an area where most people would like to economize and save money. This is definitely possible with today’s technologies and the possibility of comparison shopping. However, just as is the case with many other fields, car insurance companies are not always acting in your best interests. It is quite possible for them [...]
If you are in the market for a new car, you have probably spent some time researching your car, comparing the prices at the different car dealerships, and weighing your decision. Sometimes with all the excitement involved in purchasing a car people forget to give any thought to another important decision they will be making [...]
Through the years, insurance businesses have specified the range of costs needed for gas-powered vehicles, such as repair costs, total replacement costs, and personal injuries or property damage cost. Therefore, consumers expect to pay a certain amount for a gas-running vehicle. Still, the price of insurance for electric vehicles is still under examination. No matter [...]