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Posted in Auto Insurance, Compare Auto Insurance

A new report released by J.D. Power and Associates reveals that the resale value and quality of a vehicle are important reasons that new-vehicle buyers remain loyal to a particular brand. In its seventh year of measuring this concept, J.D. Powers found that the components have been important to car buyers for some time.

Car Ownership Study Findings

According to the study, owner loyalty had a great deal to do with a number of factors, including:

  • Resale value: The study found that owner loyalty increased by 12 percentage points in 2009 for those owners who found that the resale value for their vehicle was high.
  • Vehicle quality: The importance of vehicle quality for car owners saw an increase of six percentage points from 2008 for those who felt they were driving a high-quality car.

Some other factors the study found influenced loyalty were vehicle safety, fuel economy and deals/incentives.

What Cars Retain the Most Owners

The study also listed 2009 cars that maintained high owner loyalty. Some of the top ranking vehicles for their retention rates included:

  • Mercedes-Benz - 67%
  • Honda - 64%
  • Toyota - 61%
  • Lexus - 57%
  • Subaru - 57%
  • Ford - 56%
  • Nissan - 55%
  • Chevrolet - 52%

Some other high-ranking vehicles that landed above the industry average of 48% included BMW (52%) and Porsche (52%).

Vehicle Quality and Auto Insurance

As you may know, the vehicle quality is important to how much an insurance company may charge for coverage. If the vehicle offers high safety ratings, the insurance rates will likely be lower. So as you choose your vehicles in the new year, it's good to keep in mind the quality of a vehicle before purchasing it.

If you already have some vehicles in mind, you could begin comparison shopping for auto insurance now at Go Insurance Rates. This way, when it's time to choose your vehicle, you will have an idea of the costs insurance could add.


Posted in Auto Insurance

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While many states have adopted the new pay-as-you-drive insurance option to its drivers as an affordable, energy-saving coverage option, key insurance regulators are shying away from making it a standardized option across the nation. This decision falls in contradiction to other environment movements like the Energy Star appliance standards and the green building code called Leadership in Energy and Environment Design (LEED).

About Pay-As-You-Drive

The pay-as-you-drive program has become a popular option in various states around the country. Several insurance companies like Progressive are offering their versions of this program, which allows drivers to pay for their insurance based on the number of miles they drive, rather than other deciding factors like driving record or city of residence.

Expanding the Program Nationwide

So far, 19 states have agreed to participate in this program with the latest being California. However, the popularity among numerous states has not convinced the National Association of Insurance Commissioners that this option should become an industry standard. One reason that it hasn't been pushed nationwide is because the association believes that other environment options should be left open for consideration as well.

Also, some drivers are deterred from the program because of the "Big Brother" element involved of tracking miles driving through digital devices.

All in all, the program is still in its beginning stages and isn't developed enough to push to the masses. However, if you live in a state that offers this unique coverage option, you could save a lot of money on your insurance. To learn about the basics of PAYD insurance, the Environmental Defense Fund (EDF) offers interesting information and tips.

Learn How to Save Money with Progressive >>>


Posted in Auto Insurance

A new report from insurance website Insurance.com revealed that car insurance rates have dropped dramatically in 2009. According to its RateWatch report, insurance rates across the nation have dropped 3.5 percent in $1,803 per year.

Better than the Last Few Years

Last year's RateWatch report...



Read full article: Insurance.com Says Car Insurance Rates Dropped in 2009

Posted in Auto Insurance, Health Insurance

Before you head onto the roads this December, remember to combat the practice of driving while impaired by alcohol and drugs as promoted by National Drunk and Drugged Driving Prevention Month. Originally getting its start in 1982 by former President Ronald Reagan, the month is dedicated to...



Read full article: December is National Drunk and Drugged Driving Prevention Month

Posted in Auto Insurance

The recent plan to upgrade Oklahoma's insurance verification system is making one lawmaker feel apprehensive enough to voice his opinion. According to Oklahoma City Rep. Mike Reynolds, the possibility of upgrading to use cameras and other high-tech electronics to verify insurance may be just a...



Read full article: High-Tech Car Insurance Verification Makes Lawmaker Uneasy

Posted in Auto Insurance, Auto Insurance Companies

Sixty-eight families nationwide were given free vehicles on Monday, Nov. 23 as a part of a program called Recycled Rides. The program, which was created by the National Auto Body Council and other community members of various areas around the country, recently received funding from AAA Insurance...



Read full article: Auto Insurance Companies Refurbish Vehicles for Needy Families

Posted in Auto Insurance

One of the biggest considerations that many car owners forget when purchasing a new vehicle is how much it will cost to insure different types of cars. A survey released by LowerMyBills.com in Oct. 2009 revealed that many consumers don't deem auto insurance significant when making important...



Read full article: Auto Insurance Rates by Car Type

Posted in Auto Insurance

For most of 2009, various Michigan residents and organizations have been pushing for more affordable auto insurance premiums for state drivers. Recently, we reported that a coalition was pushing for a 20 percent discount in rates to be placed on the 2010 ballot. Now, legislative officials are...



Read full article: Michigan Continues Push for Affordable Auto Insurance

Posted in Auto Insurance

According to recent research revealed by the National Association of Insurance Commissioners according to 2007 data, the average U.S. auto premium rate dropped by nearly three percent from 2006. According to the findings, which is the most recent data available from the association, Washington,...



Read full article: Research Reveals Nationwide Auto Insurance Dropped

Posted in Auto Insurance

Recent information released by the U.S. Department of Labor may leave some consumers scratching their heads about increases in their auto insurance premiums. According to data from the Labor Department, the Consumer Price Index, and indicator that measures the cost of what consumers buy and use,...



Read full article: Consumer Price Index Contradicts Auto Insurance Premium Increases

Types of Auto Insurance Coverage

Car insurance may seem simple, but it can get fairly complicated depending on your state's laws. You need to know about the different types of auto insurance available, and determine if you really need it or not.

Car Insurance FAQs

You'll likely have questions about different auto insurance policies following an accident, or just because you want to be as well-prepared as possible. These resources will teach you about the type of policy that is appropriate for your situation, and how you can save money along the way!

PIP Claims Effect on Rates
If you are involved in an accident, a personal injury claim is necessary to get things back to working order.

The Right Amount of Property Liability Coverage
Find out how much property damage liability insurance you need to be safe on the road.

What Comprehensive Insurance Covers
To make sure that you're being offered the greatest road protection available, a comprehensive insurance plan is a must.

Comparison Shopping for Online Car Insurance
Finding free car insurance quotes online should be an easy task - here's how to do it right.

Current Auto Insurance News

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