Archive for August, 2008
Bad credit risk, bad driver
This is a good year for drivers in California. Way back when in 1988, Proposition 103 received more than enough support from voters to pass. Basically, voters wanted car insurance agencies to set rates based on the driver’s record and the number of miles driven. Three years ago, the Commissioner for Insurance introduced new laws [...]
Full StoryWhat’s red and hot and throbs with promise?
The boring answer to this old riddle is, of course, a red sports car with one of those mufflers that rattles windows at one hundred yards when you rev the engine. Now we’ve all heard those old urban myths, the stories that people who drive red cars are more likely to get speeding tickets. As [...]
Full StoryWhat About Explaining Deductibles?
Auto insurance is a contract between the insurance company and you. Like all contracts, it’s give and take. That’s what makes a really good deal. In this case, we’re talking about an auto insurance policy. So, in return for the premium, you’re asking the insurance company to pay whatever costs arise from the traffic accidents [...]
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