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Customer Satisfaction Lowers Among Total Loss Auto Insurance Claimants

Posted in Auto Insurance , Auto Insurance Claims

October 28th, 2011
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Auto insurance claimants who incur a total loss on their vehicles are less satisfied with their claims experience than claimants who incur a repairable loss, says a new report from J.D. Power and Associates. The major gripe of claimants who are dissatisfied with the process is they don’t receive enough of a settlement to cover the loss of their vehicle. Customer Satisfaction Lowers Among Total Loss Auto Insurance Claimants

Craziest Yahoo Answers Auto Questions

Posted in Auto Insurance , Auto Insurance Claims

June 2nd, 2011
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There’s no doubt that car ownership can be a bit perplexing. But some folks have more of a difficult time with it than others. Let’s check out the 10 crazy Fail Yahoo! Answers out there from Yahoo! Answers that relate to autos and auto insurance. Craziest Yahoo Answers Auto Questions

Don’t Accidentally Commit Auto Insurance Fraud

Posted in Auto Insurance , Auto Insurance Claims

May 17th, 2011
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While there are definitely people out there willing to commit auto insurance fraud at the drop of a hat, most law-abiding citizens have no intention of doing so. Of course, this doesn’t mean that taking part in fraud couldn’t happen since some people do it accidentally. Don’t Accidentally Commit Auto Insurance Fraud

Insurers Battle Damage Costs from Storms that Killed 45 People

Posted in Auto Insurance , Auto Insurance Claims , Home Insurance , Home Insurance Claims

April 22nd, 2011
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A number of insurance companies are struggling to keep up with claims responding to damage produced by severe storms and tornadoes that struck much of the U.S. in the past week. Several major insurers have racked up more than 12,000 claims and are expected to see more in the coming days and weeks. Insurers Battle Damage Costs from Storms that Killed 45 People

NICB Warns Against Unsolicited Service Provider Insurance Scams

Posted in Auto Insurance , Auto Insurance Claims , Home Insurance , Home Insurance Claims

February 9th, 2011
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Individuals with home and auto insurance could be at risk of becoming victims of unsolicited service provider insurance scams, according to a new warning issued by the National Insurance Crime Bureau (NICB). The NICB said in a new press release that more service providers are making unexpected calls and visits with offers of assistance to policyholders who have filed claims. While sometimes their assistance is legitimate, the bureau warns that it could be a scam. NICB Warns Against Unsolicited Service Provider Insurance Scams

Fake Auto Accidents and Insurance Claims Result in 10 Arrests

Posted in Auto Insurance , Auto Insurance Claims

January 26th, 2011
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Auto insurance fraud has resulted in the arrest of 10 people and warrants issued for six more, according to the North Carolina Department of Insurance (NCDOI). The department says that these 16 individuals are connected to an alleged staged auto accident ring that operated in Nash, Edgecombe and Franklin counties in North Carolina. Fake Auto Accidents and Insurance Claims Result in 10 Arrests

Understanding the Difference Between Cash Value, Fair Market Value and Replacement Cost Insurance

Posted in Auto Insurance , Auto Insurance Claims , Home Insurance , Home Insurance Claims

December 16th, 2010
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There’s no lack of insurance out there, but how do you know if you’re buying the right policy to insure your valuables? Three of the most popular types of insurance include cash value, fair market value and replacement cost. If you’re not sure of the difference, you’re not alone. Here’s what you should know to prevent a headache–and heartache–should you need to file a claim. Understanding the Difference Between Cash Value, Fair Market Value and Replacement Cost Insurance

The 4 Biggest Insurance Scams in History

Posted in Auto Insurance , Auto Insurance Claims , Health Insurance , Health Insurance Claims , Medicare

November 30th, 2010
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Every once in a while, we’ll hear about that one big insurance scam that resulted in thousands of people conned and millions of dollars lost, but there are more that have occurred than we think. To give you an idea, let’s take a look at some of the biggest insurance scams that have occurred in the United States: The 4 Biggest Insurance Scams in History

Don’t Be Wooed by an Ambulance Chaser

Posted in Auto Insurance , Auto Insurance Claims

November 11th, 2010
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After you’ve been in a car accident, the last thing you want is to be approached by an opportunist. Unfortunately, those who have been pursued by an ambulance chaser know all too well that when opportunity knocks, this person will be more than happy to give you services you need in hopes that you will be able to reward them handsomely with a settlement check from your insurance company. Don’t Be Wooed by an Ambulance Chaser

Study Finds Brain-Training Makes Elderly Drivers Safer on Roads

Posted in Auto Insurance , Auto Insurance Claims

November 8th, 2010
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At-fault auto insurance claims could drop significantly if news of a new study that makes older drivers operate better on the roads is true. The recent study shows that new brain-training software is able to help reduce the accident rate considerably for elderly motorists who use it. Study Finds Brain-Training Makes Elderly Drivers Safer on Roads

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